XML 54 R35.htm IDEA: XBRL DOCUMENT v3.21.2
Note 13 - Per Share Calculation (Tables)
9 Months Ended
Jul. 31, 2021
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
  

Three Months Ended

  

Nine Months Ended

 
  

July 31,

  

July 31,

 

(In thousands, except per share data)

 

2021

  

2020

  

2021

  

2020

 
                 

Numerator:

                

Net earnings attributable to Hovnanian

 $47,702  $15,363  $555,337  $10,294 

Less: undistributed earnings allocated to nonvested shares

  (4,426)  (1,294)  (54,165)  (902)

Numerator for basic earnings per share

 $43,276  $14,069  $501,172  $9,392 

Plus: undistributed earnings allocated to nonvested shares

  4,426   1,294   54,165   902 

Less: undistributed earnings reallocated to nonvested shares

  (4,436)  (1,294)  (55,259)  (902)

Numerator for diluted earnings per share

 $43,266  $14,069  $500,078  $9,392 

Denominator:

                

Denominator for basic earnings per share – weighted average shares outstanding

  6,315   6,201   6,263   6,178 

Effect of dilutive securities:

                

Share based payments

  119   317   107   324 

Denominator for diluted earnings per share – weighted average shares outstanding

  6,434   6,518   6,370   6,502 

Basic earnings per share

 $6.85  $2.27  $80.02  $1.52 

Diluted earnings per share

 $6.72  $2.16  $78.51  $1.44