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

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
Numerator
Net income (loss) attributable to RE/MAX Holdings, Inc.	$	3,705	$	2,010	$	352	$	1,339
Denominator for basic net income (loss) per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,853,929		18,124,630		18,667,889		18,020,736
Denominator for diluted net income (loss) per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,853,929		18,124,630		18,667,889		18,020,736
Add dilutive effect of the following:
Restricted stock		150,033		263,039		185,131		131,520
Weighted average shares of Class A common stock outstanding, diluted		19,003,962		18,387,669		18,853,020		18,152,256
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock
Basic	$	0.20	$	0.11	$	0.02	$	0.07
Diluted	$	0.19	$	0.11	$	0.02	$	0.07

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):
​

	Six Months Ended June 30, 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
June 30	May 31, 2023		0.23		4,168		2,889
		$	0.46	$	8,332	$	5,778