XML 36 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Per Common Share Amounts (Tables)
 9 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share The calculation of basic and diluted earnings per share for the three and nine months ended June 30, 2020 and 2019, is as follows:
 
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
Numerators:
 
 
 
 
 
 
 
 
Net income attributable to The RMR Group Inc.
 
$
6,717

 
$
5,849

 
$
22,634

 
$
66,226

Income attributable to unvested participating securities
 
(48
)
 
(37
)
 
(166
)
 
(437
)
Net income attributable to The RMR Group Inc. used in calculating basic EPS
 
6,669

 
5,812

 
22,468

 
65,789

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Add back: net income attributable to noncontrolling interest
 
8,678

 
—

 
29,306

 
—

Add back: income tax expense
 
2,608

 
—

 
8,944

 
—

Income tax expense at enacted tax rates assuming redemption of noncontrolling interest’s Class A Units for Class A Common Shares
 
(5,313
)
 
—

 
(18,114
)
 
—

Net income attributable to The RMR Group Inc. used in calculating diluted EPS
 
$
12,642

 
$
5,812

 
$
42,604

 
$
65,789

 
 
 
 
 
 
 
 
 
Denominators:
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
 
16,198

 
16,137

 
16,187

 
16,126

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Assumed redemption of noncontrolling interest’s Class A Units for Class A Common Shares
 
15,000

 
—

 
15,000

 
—

Incremental unvested shares
 
—

 
12

 
—

 
16

Weighted average common shares outstanding - diluted
 
31,198

 
16,149

 
31,187

 
16,142

 
 
 
 
 
 
 
 
 
Net income attributable to The RMR Group Inc. per common share - basic
 
$
0.41

 
$
0.36

 
$
1.39

 
$
4.08

Net income attributable to The RMR Group Inc. per common share - diluted
 
$
0.41

 
$
0.36

 
$
1.37

 
$
4.08