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Pro Forma Financial Information (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Pro Forma Financial Information [Abstract]    
Schedule of Pro Forma Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

2014

2013

 

2014

 

2013

Revenues

$

97,440 

 

$

94,200 

 

$

266,092 

 

$

238,646 

Income before tax expense

 

6,722 

 

 

8,411 

 

 

22,607 

 

 

22,288 

Tax expense

 

2,580 

 

 

2,944 

 

 

8,059 

 

 

7,801 

Consolidated net income of Century Communities, Inc.

 

4,142 

 

 

5,467 

 

 

14,548 

 

 

14,487 

Less: Net income attributable to the noncontrolling interest

 

 —

 

 

 —

 

 

 —

 

 

(52)

Less: Undistributed earnings allocated to participating securities

 

(70)

 

 

(43)

 

 

(224)

 

 

(106)

Numerator for basic and diluted pro forma EPS

$

4,072 

 

$

5,424 

 

$

14,324 

 

$

14,329 

Pro forma weighted average shares

 

21,113,708 

 

 

17,075,000 

 

 

18,635,986 

 

 

11,457,692 

Pro forma basic and diluted EPS

$

0.19 

 

$

0.32 

 

$

0.77 

 

$

1.25 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2013

 

2012

Pro forma income before taxes

 

$

18,746 

 

$

8,289 

Pro forma tax expense

 

 

(6,561)

 

 

(2,901)

Pro forma net income

 

 

12,185 

 

 

5,388 

Less: Net income attributable to the non-controlling interest

 

 

(52)

 

 

(1,301)

Less: Undistributed earnings allocated to participating securities

 

 

(102)

 

 

 —

Numerator for basic and diluted pro forma EPS

 

$

12,031 

 

$

4,087 

Pro forma weighted average shares

 

 

12,873,562 

 

 

5,000,000 

Pro forma basic and diluted EPS

 

$

0.93 

 

$

0.82