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Earnings per share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted earnings per share of common stock have been computed as follows (in thousands, except share and per share amounts):
 For the
three months ended
September 30, 2024
For the period from
January 11, 2024 to
September 30, 2024
Numerator:  
Net income attributable to Smith Douglas Homes Corp., Basic$5,347 $11,965 
Add: Net income impact from assumed redemption of all LLC Interests to common stock32,477 72,239 
Less: Income tax expense on net income attributable to NCI(7,949)(17,492)
Net income attributable to Smith Douglas Homes Corp., after adjustment for assumed redemption, Diluted$29,875 $66,712 
   
Denominator:  
Weighted average shares of common stock outstanding, Basic8,846,1548,846,154
Dilutive effects of:  
LLC Interests that are exchangeable for common stock42,435,89742,435,897
Unvested RSUs251,356220,362
Weighted average shares of common stock outstanding, Diluted51,533,40751,502,413
   
Basic earnings per share$0.60 $1.35 
Diluted earnings per share$0.58 $1.30