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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Total revenue $ 7,501,265 $ 6,129,320 $ 4,762,059
Total cost of revenues 5,953,384 5,085,101 3,937,969
Gross margin 1,547,881 1,044,219 824,090
Sales, commissions and other marketing costs 400,376 377,496 320,420
General and administrative expenses 267,966 194,879 169,851
Equity in income of unconsolidated entities (11,130) (11,176) (9,509)
Interest expense/(income), net 3,792 (1,606) (2,673)
Other expense, net 23,769 23,092 7,226
Transaction expenses 0 127,170 10,697
Loss on extinguishment of debt, net 0 10,247 5,806
Income before income taxes 863,108 324,117 322,272
Income tax provision 180,741 74,590 67,358
Net income before allocation to non-controlling interests 682,367 249,527 254,914
Net income attributable to non-controlling interests — joint ventures (19,341) (6,088) (262)
Net income available to Taylor Morrison Home Corporation $ 663,026 $ 243,439 $ 254,652
Earnings per common share      
Basic (in dollars per share) $ 5.26 $ 1.90 $ 2.38
Diluted (in dollars per share) $ 5.18 $ 1.88 $ 2.35
Weighted average number of shares of common stock:      
Basic (in shares) 126,077 127,812 106,997
Diluted (in shares) 128,019 129,170 108,289
Home closings      
Total revenue $ 7,171,433 $ 5,863,652 $ 4,623,484
Total cost of revenues 5,713,905 4,887,757 3,836,857
Land closings      
Total revenue 99,444 65,269 27,081
Total cost of revenues 83,853 64,432 32,871
Financial services      
Total revenue 164,615 155,827 92,815
Total cost of revenues 101,848 88,910 51,086
Amenity and other      
Total revenue 65,773 44,572 18,679
Total cost of revenues $ 53,778 $ 44,002 $ 17,155