Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Earnings Per Share, Basic and Diluted

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


	Three Months Ended March 31,
(in millions, except per share data)	2021		2020
Numerator:
Net income (loss) attributable to Realogy Holdings shareholders	$	33	$	(462)
Denominator:
Weighted average common shares outstanding (denominator for basic earnings (loss) per share calculation)	115.9		114.7
Dilutive effect of stock-based compensation (a)(b)	2.5		—
Weighted average common shares outstanding (denominator for diluted earnings (loss) per share calculation)	118.4		114.7
Earnings (loss) per share attributable to Realogy Holdings shareholders:
Basic earnings (loss) per share	$	0.28	$	(4.03)
Diluted earnings (loss) per share	$	0.28	$	(4.03)

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(a)The three months ended March 31, 2021 exclude 5.8 million shares of common stock issuable for incentive equity awards, which include performance share units based on the achievement of target amounts, that are anti-dilutive to the diluted earnings per share computation.

(b)The Company was in a net loss position for the three months ended March 31, 2020 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.