Earnings Per Share, Dividends and Repurchases (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share, Dividends and Repurchases

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 earnings per share (“EPS”) calculations (in thousands, except shares and per share information):

	Three Months Ended March 31,
	2022		2021
Numerator
Net income (loss) attributable to RE/MAX Holdings, Inc.	$	1,451	$	1,163
Denominator for basic net income (loss) per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,934,424		18,496,532
Denominator for diluted net income (loss) per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,934,424		18,496,532
Add dilutive effect of the following:
Restricted stock		277,179		370,195
Weighted average shares of Class A common stock outstanding, diluted		19,211,603		18,866,727
Earnings (loss) per share of Class A common stock
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock, basic	$	0.08	$	0.06
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock, diluted	$	0.08	$	0.06

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,
	2022							2021
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 16, 2022	$	0.23	$	4,439	$	2,889	March 17, 2021	$	0.23	$	4,326	$	2,889
		$	0.23	$	4,439	$	2,889		$	0.23	$	4,326	$	2,889