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Earnings (Loss) Per Share, Dividends and Repurchases (Tables)
12 Months Ended
Dec. 31, 2024
Earnings (Loss) 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):

Year Ended

December 31, 

2024

2023

2022

Numerator

Net income (loss) attributable to RE/MAX Holdings, Inc.

$

7,123

$

(69,022)

$

6,110

Denominator for basic net income (loss) per share of Class A common stock

Weighted average shares of Class A common stock outstanding

18,780,200

18,111,409

18,678,774

Denominator for diluted net income (loss) per share of Class A common stock

Weighted average shares of Class A common stock outstanding

18,780,200

18,111,409

18,678,774

Add dilutive effect of the following:

Restricted stock (a)

513,627

165,922

Weighted average shares of Class A common stock outstanding, diluted

19,293,827

18,111,409

18,844,696

Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock

Basic

$

0.38

$

(3.81)

$

0.33

Diluted

$

0.37

$

(3.81)

$

0.32

(a)As the Company had a net loss for the year ended December 31, 2023, these shares would have been considered anti-dilutive and therefore there is no effect on the weighted average shares of Class A common stock outstanding EPS calculation.
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):

Year Ended December 31, 2023

Year Ended December 31, 2022

Quarter end declared

    

Date paid

    

Per share

Date paid

    

Per share

March 31

March 22, 2023

$

0.23

March 16, 2022

$

0.23

June 30

May 31, 2023

0.23

May 25, 2022

0.23

September 30

August 29, 2023

0.23

August 30, 2022

0.23

December 31

November 30, 2022

0.23

$

0.69

$

0.92