XML 65 R14.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share Earnings Per Share (Notes)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
8.     EARNINGS PER SHARE
Earnings per share attributable to Realogy Holdings
Basic earnings per share is computed based on net income attributable to Realogy Holdings 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. Realogy Holdings uses the treasury stock method to reflect the potential dilutive effect of unvested stock awards and unexercised options. The following table sets forth the computation of basic and diluted earnings per share:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in millions, except per share data)
2015
 
2014
 
2015
 
2014
Net income attributable to Realogy Holdings shareholders
$
110

 
$
100

 
$
175

 
$
122

Basic weighted average shares
146.6

 
146.0

 
146.5

 
145.9

Stock options, restricted stock, restricted stock units and performance share units (a)
1.5

 
1.0

 
1.5

 
1.1

Weighted average diluted shares
148.1

 
147.0

 
148.0

 
147.0

Earnings Per Share:
 
 
 
 
 
 
 
Basic
$
0.75

 
$
0.68

 
$
1.19

 
$
0.84

Diluted
$
0.74

 
$
0.68

 
$
1.18

 
$
0.83

_______________
 
 
(a)
The three and nine months ended September 30, 2015, excludes 3.6 million and 3.7 million shares of common stock issuable for incentive equity awards, which includes performance share units based on the achievement of target amounts, respectively, that are anti-dilutive to the diluted earnings per share computation. The three and nine months ended September 30, 2014, excludes 3.7 million and 3.6 million shares of common stock issuable for incentive equity awards, which includes performance share units based on the achievement of target amounts, respectively, that are anti-dilutive to the diluted earnings per share computation.