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Net Income Attributable to Green Brick Partners, Inc. Per Share
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Net Income Attributable to Green Brick Partners, Inc. Per Share EARNINGS PER SHARE
The Company’s RSAs have the right to receive forfeitable dividends on an equal basis with common stock and therefore are not considered participating securities that must be included in the calculation of net income per share using the two-class method.

Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during each period, adjusted for nonvested shares of RSAs during each period. Diluted earnings per share is calculated using the treasury stock method and includes the effect of all dilutive securities, including stock options and RSAs.

The computation of basic and diluted net income attributable to Green Brick Partners, Inc. per share is as follows (in thousands, except per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Net income attributable to Green Brick Partners, Inc.$48,507 $34,819 $126,739 $84,383 
Weighted-average number of shares outstanding - basic50,732 50,617 50,689 50,552 
Basic net income attributable to Green Brick Partners, Inc. per share$0.96 $0.69 $2.50 $1.67 
Weighted-average number of shares outstanding - basic50,732 50,617 50,689 50,552 
Dilutive effect of stock options and restricted stock awards347 259 357 187 
Weighted-average number of shares outstanding - diluted51,079 50,876 51,046 50,739 
Diluted net income attributable to Green Brick Partners, Inc. per share$0.95 $0.68 $2.48 $1.66 
The following shares which could potentially dilute earnings per share in the future are not included in the determination of diluted net income attributable to Green Brick Partners, Inc. per common share (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Antidilutive options to purchase common stock and restricted stock awards— — —