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Per Common Share Amounts (Tables) | 12 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of EPS, basic | The calculation of basic and diluted earnings per share for the fiscal years ended September 30, 2024, 2023 and 2022, is as follows (amounts in thousands, except per share amounts):
|  | Fiscal Year Ended September 30,
|  | 2024 |  | 2023 |  | 2022
Numerators: |  |  |  |  |  |
Net income attributable to The RMR Group Inc. |  | $ | 23,130 |  |  | $ | 57,147 |  |  | $ | 34,004 |
Less: income attributable to unvested participating securities |  | (323) |  |  | (651) |  |  | (329) |
Net income attributable to The RMR Group Inc. used in calculating basic EPS |  | 22,807 |  |  | 56,496 |  |  | 33,675 |
Effect of dilutive securities: |  |  |  |  |  |
Add back: income attributable to unvested participating securities |  | — |  |  | — |  |  | 329 |
Add back: net income attributable to noncontrolling interest |  | — |  |  | — |  |  | 43,464 |
Add back: income tax expense |  | — |  |  | — |  |  | 13,233 |
Less: income tax expense assuming redemption of noncontrolling interest’s Class A Units for Class A Common Shares (1) |  | — |  |  | — |  |  | (26,732) |
Net income used in calculating diluted EPS |  | $ | 22,807 |  |  | $ | 56,496 |  |  | $ | 63,969 |
Denominators: |  |  |  |  |  |
Common shares outstanding |  | 16,846 |  |  | 16,712 |  |  | 16,606 |
Less: unvested participating securities and incremental impact of weighted average |  | (314) |  |  | (286) |  |  | (268) |
Weighted average common shares outstanding - basic |  | 16,532 |  |  | 16,426 |  |  | 16,338 |
Effect of dilutive securities: |  |  |  |  |  |
Add: assumed redemption of noncontrolling interest’s Class A Units for Class A Common Shares |  | — |  |  | — |  |  | 15,000 |
Add: incremental unvested shares |  | — |  |  | — |  |  | 10 |
Weighted average common shares outstanding - diluted |  | 16,532 |  |  | 16,426 |  |  | 31,348 |
Net income attributable to The RMR Group Inc. per common share - basic |  | $ | 1.38 |  |  | $ | 3.44 |  |  | $ | 2.06 |
Net income attributable to The RMR Group Inc. per common share - diluted |  | $ | 1.38 |  |  | $ | 3.44 |  |  | $ | 2.04 |
(1)Income tax expense assumes the hypothetical conversion of the noncontrolling interest, which results in an estimated tax rate of 29.5% for the fiscal year ended September 30, 2022
Schedule of EPS, diluted | The calculation of basic and diluted earnings per share for the fiscal years ended September 30, 2024, 2023 and 2022, is as follows (amounts in thousands, except per share amounts):
|  | Fiscal Year Ended September 30,
|  | 2024 |  | 2023 |  | 2022
Numerators: |  |  |  |  |  |
Net income attributable to The RMR Group Inc. |  | $ | 23,130 |  |  | $ | 57,147 |  |  | $ | 34,004 |
Less: income attributable to unvested participating securities |  | (323) |  |  | (651) |  |  | (329) |
Net income attributable to The RMR Group Inc. used in calculating basic EPS |  | 22,807 |  |  | 56,496 |  |  | 33,675 |
Effect of dilutive securities: |  |  |  |  |  |
Add back: income attributable to unvested participating securities |  | — |  |  | — |  |  | 329 |
Add back: net income attributable to noncontrolling interest |  | — |  |  | — |  |  | 43,464 |
Add back: income tax expense |  | — |  |  | — |  |  | 13,233 |
Less: income tax expense assuming redemption of noncontrolling interest’s Class A Units for Class A Common Shares (1) |  | — |  |  | — |  |  | (26,732) |
Net income used in calculating diluted EPS |  | $ | 22,807 |  |  | $ | 56,496 |  |  | $ | 63,969 |
Denominators: |  |  |  |  |  |
Common shares outstanding |  | 16,846 |  |  | 16,712 |  |  | 16,606 |
Less: unvested participating securities and incremental impact of weighted average |  | (314) |  |  | (286) |  |  | (268) |
Weighted average common shares outstanding - basic |  | 16,532 |  |  | 16,426 |  |  | 16,338 |
Effect of dilutive securities: |  |  |  |  |  |
Add: assumed redemption of noncontrolling interest’s Class A Units for Class A Common Shares |  | — |  |  | — |  |  | 15,000 |
Add: incremental unvested shares |  | — |  |  | — |  |  | 10 |
Weighted average common shares outstanding - diluted |  | 16,532 |  |  | 16,426 |  |  | 31,348 |
Net income attributable to The RMR Group Inc. per common share - basic |  | $ | 1.38 |  |  | $ | 3.44 |  |  | $ | 2.06 |
Net income attributable to The RMR Group Inc. per common share - diluted |  | $ | 1.38 |  |  | $ | 3.44 |  |  | $ | 2.04 |
(1)Income tax expense assumes the hypothetical conversion of the noncontrolling interest, which results in an estimated tax rate of 29.5% for the fiscal year ended September 30, 2022

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