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

9 Months Ended

Sep. 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				Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
Numerator
Net income (loss) attributable to RE/MAX Holdings, Inc.	$	966	$	(59,454)	$	1,318	$	(58,115)
Denominator for basic net income (loss) per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,863,793		18,150,557		18,733,190		18,064,009
Denominator for diluted net income (loss) per share of Class A common stock
Weighted average shares of Class A common stock outstanding		18,863,793		18,150,557		18,733,190		18,064,009
Add dilutive effect of the following:
Restricted stock		620,005		—		330,089		—
Weighted average shares of Class A common stock outstanding, diluted		19,483,798		18,150,557		19,063,279		18,064,009
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock
Basic	$	0.05	$	(3.28)	$	0.07	$	(3.22)
Diluted	$	0.05	$	(3.28)	$	0.07	$	(3.22)

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):
​

	Nine Months Ended September 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
September 30	August 29, 2023		0.23		4,169		2,889
		$	0.69	$	12,501	$	8,667