XML 81 R70.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings (Loss) Per Share and Weighted-Average Shares Outstanding - Calculation of Fully Diluted Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Fully diluted earnings (loss) per share:        
Net income (loss) available to common stockholders [1] $ (2,131) $ 19,444 $ 3,604 $ 33,124
Allocations of net income (loss) to limited partnership interests in Newmark Holdings, net of tax 0 3,864 0 0
Net income (loss) for fully diluted shares $ (2,131) $ 23,308 $ 3,604 $ 33,124
Weighted-average shares:        
Common stock outstanding (in shares) 178,523 178,754 178,034 178,683
Partnership units (units) 0 28,769 0 0
RSUs (Treasury stock method) (units) 0 228 442 324
Newmark exchange shares (shares) 0 399 234 427
Fully diluted weighted-average shares of common stock outstanding (in shares) 178,523 208,150 178,710 179,434
Fully diluted earnings (loss) per share (in usd per share) $ (0.01) $ 0.11 $ 0.02 $ 0.18
[1]
(1) 
Includes a reduction for dividends on preferred stock or exchangeable preferred partnership units in the amount of $2.4 million and $4.9 million for the three and six months ended June 30, 2020, respectively, and $3.2 million and $6.4 million for the three and six months ended June 30, 2019, respectively (see Note 1 — “Organization and Basis of Presentation”).