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Per Common Share Amounts (Tables)
12 Months Ended
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,
202420232022
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 outstanding16,846 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,
202420232022
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 outstanding16,846 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