Earnings (Loss) Per Share, Dividends and Repurchases (Tables)

3 Months Ended

Mar. 31, 2024

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

	Three Months Ended
	March 31,
	2024		2023
Numerator
Net income (loss) attributable to RE/MAX Holdings, Inc.	$	(3,353)	$	(671)
Denominator for basic net income (loss) per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,481,848		17,916,841
Denominator for diluted net income (loss) per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,481,848		17,916,841
Add dilutive effect of the following:
Restricted stock (a)		—		—
Weighted average shares of Class A common stock outstanding, diluted		18,481,848		17,916,841
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock
Basic	$	(0.18)	$	(0.04)
Diluted	$	(0.18)	$	(0.04)

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):
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	Three Months Ended March 31, 2023
Quarter end declared	Date paid	Per share		Class A stockholders ($)		Non-controlling unitholders ($)
March 31	March 22, 2023	$	0.23	$	4,164	$	2,889