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 | |
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