Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted earnings (loss) per share:


	Year Ended December 31,
(in millions, except per share data)	2019		2018		2017
Numerator:
Numerator for earnings per share—continuing operations
Net income (loss) from continuing operations	$	(118)	$	146	$	428
Less: Net income attributable to noncontrolling interests	(3)		(3)		(3)
Net (loss) income from continuing operations attributable to Realogy Holdings	$	(121)	$	143	$	425

Numerator for earnings per share—discontinued operations
Net (loss) income from discontinued operations	$	(67)	$	(6)	$	6

Net (loss) income attributable to Realogy Holdings shareholders	$	(188)	$	137	$	431

Denominator:
Weighted average common shares outstanding (denominator for basic (loss) earnings per share calculation)	114.2		124.0		136.7
Dilutive effect of stock-based compensation (a) (b)	—		1.3		1.7
Weighted average common shares outstanding (denominator for diluted (loss) earnings per share calculation)	114.2		125.3		138.4

Basic (loss) earnings per share attributable to Realogy Holdings shareholders:
Basic (loss) earnings per share from continuing operations	$	(1.06)	$	1.15	$	3.11
Basic (loss) earnings per share from discontinued operations	(0.59)		(0.05)		0.04
Basic (loss) earnings per share	$	(1.65)	$	1.10	$	3.15

Diluted (loss) earnings per share attributable to Realogy Holdings shareholders:
Diluted (loss) earnings per share from continuing operations	$	(1.06)	$	1.14	$	3.07
Diluted (loss) earnings per share from discontinued operations	(0.59)		(0.05)		0.04
Diluted (loss) earnings per share	$	(1.65)	$	1.09	$	3.11

_______________

(a)The Company was in a net loss position for the year ended December 31, 2019 and therefore the impact of incentive equity awards were excluded from the computation of dilutive loss per share as the inclusion of such amounts would be anti-dilutive (see Note 14, "Stock-Based Compensation", for outstanding equity awards as of December 31, 2019).

(b)The years ended December 31, 2018 and 2017, respectively, exclude 6.9 million and 5.3 million shares of common stock issuable for incentive equity awards which includes performance share units based on the achievement of target amounts, that are anti-dilutive to the diluted earnings per share computation.