Earnings Per Share and Dividends (Tables)

12 Months Ended

Dec. 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 shares and per share information):

	Year Ended
	December 31,
	2017		2016		2015
Numerator
Net income attributable to RE/MAX Holdings, Inc.	$	12,815	$	22,396	$	16,412
Denominator for basic net income per share of Class A common stock
Weighted average shares of Class A common stock outstanding		17,688,533		17,628,741		12,671,051
Denominator for diluted net income per share of Class A common stock
Weighted average shares of Class A common stock outstanding		17,688,533		17,628,741		12,671,051
Add dilutive effect of the following:
Stock options		—		5,059		130,001
Restricted stock units		43,267		43,968		28,162
Weighted average shares of Class A common stock outstanding, diluted		17,731,800		17,677,768		12,829,214
Earnings per share of Class A common stock
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock, basic	$	0.72	$	1.27	$	1.30
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock, diluted	$	0.72	$	1.27	$	1.28

Schedule of Dividends Declared and Paid Quarterly per Share

	Year Ended December 31,
	2017			2016				2015
	Date paid	Per share		Date paid		Per share		Date paid	Per share
Dividend declared during quarter ended:
March 31	March 22, 2017	$	0.18		March 23, 2016	$	0.15	April 8, 2015	$	1.625
June 30	May 31, 2017		0.18		June 2, 2016		0.15	June 4, 2015		0.125
September 30	August 30, 2017		0.18		August 31, 2016		0.15	September 3, 2015		0.125
December 31	November 29, 2017		0.18		December 1, 2016		0.15	November 27, 2015		0.125
		$	0.72			$	0.60		$	2.00