Earnings Per Share and Dividends (Tables)

3 Months Ended

Mar. 31, 2021

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):

	Three Months Ended March 31,
	2021		2020
Numerator
Net income attributable to RE/MAX Holdings, Inc.	$	1,092	$	2,631
Denominator for basic net income per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,496,532		17,974,264
Denominator for diluted net income per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,496,532		17,974,264
Add dilutive effect of the following:
Restricted stock		370,195		59,367
Weighted average shares of Class A common stock outstanding, diluted		18,866,727		18,033,631
Earnings per share of Class A common stock
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock, basic	$	0.06	$	0.15
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock, diluted	$	0.06	$	0.15

Schedule of Dividends Declared and Paid Quarterly per Share

Dividends declared and paid during each quarter ended per share on all outstanding shares of Class A common stock were as follows (in thousands, except per share information):

	Three Months Ended March 31,
	2021							2020
Quarter end declared	Date paid	Per share		Amount paid to Class A stockholders		Amount paid to Non-controlling unitholders		Date paid	Per share		Amount paid to Class A stockholders		Amount paid to Non-controlling unitholders
March 31	March 17, 2021	$	0.23	$	4,326	$	2,889	March 18, 2020	$	0.22	$	3,986	$	2,763