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Earnings Per Share and Dividends (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share and Dividends  
Reconciliation of Numerator and Denominator used in Basic and Diluted EPS Calculations

The following is a reconciliation of the numerator and denominator used in the basic and diluted EPS calculations (in thousands, except share and per share information):

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31, 

 

    

2017

    

2016

Numerator

 

 

 

 

 

 

Net income attributable to RE/MAX Holdings, Inc.

 

$

4,912

 

$

4,940

Denominator for basic net income per share of Class A common stock

 

 

 

 

 

 

Weighted average shares of Class A common stock outstanding

 

 

17,662,842

 

 

17,584,351

Denominator for diluted net income per share of Class A common stock

 

 

 

 

 

 

Weighted average shares of Class A common stock outstanding

 

 

17,662,842

 

 

17,584,351

Add dilutive effect of the following:

 

 

 

 

 

 

Stock options

 

 

 —

 

 

15,635

Restricted stock units

 

 

53,171

 

 

38,681

Weighted average shares of Class A common stock outstanding, diluted

 

 

17,716,013

 

 

17,638,667

Earnings per share of Class A common stock

 

 

 

 

 

 

Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock, basic

 

$

0.28

 

$

0.28

Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock, diluted

 

$

0.28

 

$

0.28