Earnings Per Share and Dividends (Tables)

6 Months Ended

Jun. 30, 2014

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):

	Three months ended June30, 2014		Six months ended June30, 2014
Numerator
Net income attributable to RE/MAX Holdings, Inc.	$	4,377	$	6,788
Denominator for basic net income per share of Class A    common stock
Weighted average shares of Class A common stock    outstanding		11,593,885		11,600,889
Denominator for diluted net income per share of Class A    common stock
Weighted average shares of Class A common stock    outstanding		11,593,885		11,600,889
Add dilutive effect of the following:
Stock options		587,906		590,953
Restricted stock units		48,223		46,347
Weighted average shares of Class A common stock    outstanding, diluted		12,230,014		12,238,189
Earnings per share of Class A common stock
Net income attributable to RE/MAX Holdings, Inc.    per share of Class A common stock, basic	$	0.38	$	0.59
Net income attributable to RE/MAX Holdings, Inc.    per share of Class A common stock, diluted	$	0.36	$	0.55