Rendering

Component: (Network and Table)
Network
30103 - Disclosure - Summary of Significant Accounting Policies (Tables)
(http://www.avhomes.com/role/DisclosureSummaryOfSignificantAccountingPoliciesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000039677 (http://www.sec.gov/CIK)
Summary of Significant Accounting PoliciesPeriod [Axis]
2016-01-01 - 2016-12-31
Summary of Significant Accounting Policies
 
Changes in warranty reserve

During the years ended December 31, 2016,  2015 and 2014, changes in the warranty reserve consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

2016

    

2015

    

2014

 

Accrued warranty reserve, beginning of period

 

$
3,333

 

$
1,528

 

$
638

 

Reserve provided

 

 
3,864

 

 
3,974

 

 
1,495

 

Payments

 

 
(3,164)

 

 
(2,169)

 

 
(605)

 

Accrued warranty reserve, end of period

 

$
4,033

 

$
3,333

 

$
1,528

 

 

  
Reconciliation of net loss and weighted averages shares outstanding for the calculation of basic and diluted loss per share

The following table represents a reconciliation of the net income (loss) and weighted average shares outstanding for the calculation of basic and diluted earnings (loss) per share for the years ended December 31, 2016, 2015 and 2014 (in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

2016

 

2015

 

2014

 

Numerator:

    

 

    

    

 

    

    

 

    

 

Basic net income (loss)

 

$
147,107

 

$
11,950

 

$
(1,932)

 

Effect of dilutive securities

 

 
2,969

 

 

 —

 

 

 —

 

Diluted net income (loss)

 

$
150,076

 

$
11,950

 

$
(1,932)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 
22,346

 

 
22,010

 

 
21,945

 

Effect of dilutive securities

 

 
4,163

 

 
120

 

 

 —

 

Diluted weighted average shares outstanding

 

 
26,509

 

 
22,130

 

 
21,945

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$
6.58

 

$
0.54

 

$
(0.09)

 

Diluted earnings (loss) per share

 

$
5.66

 

$
0.54

 

$
(0.09)