Per Common Share Amounts

9 Months Ended

Jun. 30, 2016

Per Common Share Amounts

Per Common Share Amounts

Note 8. Per Common Share Amounts

Earnings per common share for the three and nine months ended June 30, 2016 reflects net income attributable to RMR Inc. divided by our weighted average common shares outstanding. Basic and diluted weighted average common shares outstanding represent our 15,007,500Class A Common Shares and our 1,000,000Class  B‑1 Common Shares. Our Class B‑2 Common Shares, which are paired with ABP Trust’s Class A Units, have no independent economic interest in RMR Inc. and thus are not included as common stock outstanding for purposes of calculating our net income attributable to RMR Inc. per share.

The 15,000,000 Class A Units that we do not own may be redeemed for our Class A Common Shares on a one for one basis, or upon such redemption, we may elect to pay cash instead of issuing Class A Common Shares. Upon redemption of a Class A Unit, our Class B‑2 Common Share “paired” with such unit is cancelled for no additional consideration. If all outstanding Class A Units were redeemed for our Class A Common Shares in the periods presented our Class A Common Shares outstanding would have been 30,007,500. In computing the dilutive effect, if any, that the aforementioned redemption would have on earnings per share attributable to RMR Inc., we considered that net income available to holders of our Class A Common Shares would increase due to elimination of the noncontrolling interest (including any tax impact). Accordingly, in the periods presented, such redemption is not reflected in diluted earnings per share as the assumed redemption would be anti‑dilutive.