XML 81 R70.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings 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, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Fully diluted earnings per share:        
Net income available to common stockholders [1] $ 19,444 $ 546 $ 33,124 $ 20,542
Allocations of net income to limited partnership interests in Newmark Holdings, net of tax 3,864     12,020
Net income for fully diluted shares $ 23,308 $ 546 $ 33,124 $ 32,562
Weighted-average shares:        
Basic weighted-average shares of common stock outstanding 178,754 155,157 178,683 155,447
Partnership units [2] 28,769     96,505
Other 627 781 751 852
Fully diluted weighted-average shares of common stock outstanding 208,150 155,938 179,434 252,804
Fully diluted earnings per share $ 0.11 $ 0.00 $ 0.18 $ 0.13
[1] Includes a reduction for dividends on preferred stock or units in the amount of $3.2 million and $6.4 million for the three and six months ended June 30, 2019, respectively, and $0.2 million for the three and six months ended June 30, 2018.
[2] Partnership units collectively include founding/working partner units, limited partnership units, and Cantor units (See Note 2 - Limited Partnership Interests for more information).