v3.22.4
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings per Share The following table sets forth the calculation of basic and diluted earnings per share for the periods ended December 31, 2022 and 2021 (in thousands, except shares and per share amounts):
For the year ended December 31,
20222021
Net income$931,858 $1,568,400 
Net income attributable to non-controlling interests890,143 1,469,955 
Net income attributable to UWMC41,715 98,445 
Numerator:
Net income attributable to Class A common shareholders$41,715 $98,445 
Net income attributable to Class A common shareholders - diluted$41,715 $1,064,606 
Denominator:
Weighted average shares of Class A common stock outstanding - basic92,475,170 100,881,094 
Weighted average shares of Class A common stock outstanding - diluted92,475,170 1,603,157,640 
Earnings per share of Class A common stock outstanding - basic$0.45 $0.98 
Earnings per share of Class A common stock outstanding - diluted$0.45 $0.66