XML 122 R16.htm IDEA: XBRL DOCUMENT v3.24.1.u1

EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2024

EARNINGS PER SHARE

EARNINGS PER SHARE

9.EARNINGS PER SHARE

Basic earnings per share is computed based on net income attributable to eXp stockholders divided by the basic weighted-average shares outstanding during the period. Dilutive earnings per share is computed consistently with the basic computation while giving effect to all dilutive potential common shares and common share equivalents that were outstanding during the period. The Company uses the treasury stock method to reflect the potential dilutive effect of unvested stock awards and unexercised options.

The following table sets forth the calculation of basic and diluted earnings per share attributable to common stock during the periods presented:

​	​	​	​	​	​
​	​	Three Months Ended March 31,
​	​	2024	​	2023	​
Numerator:	​	​	​	​	​
Net (loss) income from continuing operations	​	($ 13,830)	​	$ 1,992	​
Net loss from discontinued operations	​	($ 1,809)	​	($ 539)	​
Denominator:	​	​	​	​	​
Weighted average shares - basic	​	154,740,334	​	152,546,766	​
Dilutive effect of common stock equivalents	​	-	​	3,121,946	​
Weighted average shares - diluted	​	154,740,334	​	155,668,712	​
Earnings per share:	​	​	​	​	​
Net (loss) income from continuing operations per share - basic	​	($ 0.09)	​	$ 0.01	​
Net (loss) income from discontinued operations per share - basic	​	($ 0.01)	​	($ 0.00)	​
Net (loss) income from continuing operations per share - diluted	​	($ 0.09)	​	$ 0.01	​
Net (loss) income from discontinued operations per share - diluted	​	($ 0.01)	​	($ 0.00)	​

For three months ended March 31, 2024 and 2023 total outstanding shares of common stock excluded 3,212,244 and 635,343 shares, respectively, from the computation of diluted earnings per share because their effect would have been anti-dilutive.

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//260/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-3

+ Details

Name:	us-gaap_EarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration