TopBuild Corp. Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Basic and diluted income (loss) per share were computed as follows (in thousands except share and per share amounts):


	Three Months Ended March 31,
	2016		2015
Income (loss) from continuing operations	$	11,116	$	(3,800)
Income from discontinued operations, net		—		1
Net income (loss) - basic and diluted	$	11,116	$	(3,799)

Weighted average number of common shares outstanding - basic		37,761,423		37,667,947

Dilutive effect of common stock equivalents:
RSAs with service-based conditions		113,683		—
RSAs with market-based conditions		—		—
RSAs with performance-based conditions		—		—
Stock options		24,004		—

Weighted average number of common shares outstanding - diluted		37,899,110		37,667,947

Basic income (loss) per common share:
Income (loss) from continuing operations	$	0.29	$	(0.10)
Income from discontinued operations, net		—		—
Net income (loss)	$	0.29	$	(0.10)

Diluted income (loss) per common share:
Income (loss) from continuing operations	$	0.29	$	(0.10)
Income from discontinued operations, net		—		—
Net income (loss)	$	0.29	$	(0.10)


	Three Months Ended March 31,
	2016
Anti-dilutive common stock equivalents:
RSAs with service-based conditions		99,734
RSAs with market-based conditions		25,293
RSAs with performance-based conditions		—
Stock options		484,284
Total anti-dilutive common stock equivalents:		609,311