XML 88 R74.htm IDEA: XBRL DOCUMENT v3.22.4
Earnings Per Share and Weighted-Average Shares Outstanding - Calculation of Fully Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Fully diluted earnings per share:      
Net income available to common stockholders [1] $ 83,275 $ 744,528 $ 70,281
Allocations of net income to limited partnership interests in Newmark Holdings, net of tax 27,128 0 0
Net income for fully diluted shares $ 110,403 $ 744,528 $ 70,281
Weighted-average shares:      
Common stock outstanding (in shares) 180,337 190,179 179,106
Partnership units (units) 59,944 0 0
RSUs (Treasury stock method) (units) 3,255 4,310 355
Newmark exchange shares (in shares) 1,641 1,324 229
Fully diluted weighted-average shares of common stock outstanding (in shares) 245,177 195,813 179,690
Fully diluted earnings per share (in usd per share) $ 0.45 $ 3.80 $ 0.39
[1] Includes a reduction for dividends on EPUs in the amount of $6.2 million and $9.8 million for the years ended December 31, 2021 and 2020, respectively (see Note 1 — “Organization and Basis of Presentation”).