Company: HOUS
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001398987-25-000067
Chunk: 35

Company: Anywhere Real Estate Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 35
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 A&R 2018 LTIP at the May 7, 2025 Annual Meeting.During the first quarter of 2025, the Company granted restricted stock units of 2.2 million shares with a grant date fair value of $3.47. Additionally, the Company granted the second segment of the 2024 performance share unit ("PSU") award for 0.4 

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million units in February 2025 with a grant date fair value of $3.64, to align with the 2025 established free cash flow target. The 2025 PSU award which is tied to three equally weighted, annually established free cash flow goals, averaged over a three-year performance period ending December 31, 2027, totaling 2.2 million units at target were awarded upon stockholder approval of the Third A&R 2018 LTIP.

8.    EARNINGS (LOSS) PER SHARE

Earnings (loss) per share attributable to AnywhereBasic earnings (loss) per common share is computed based on net income (loss) attributable to Anywhere stockholders divided by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per common share is computed consistently with the basic computation plus the effect of dilutive potential common shares outstanding during the period. Dilutive potential common shares include shares that the Company could be obligated to issue from its Exchangeable Senior Notes and warrants if dilutive and outstanding stock-based compensation awards. For purposes of computing diluted earnings (loss) per common share, weighted average common shares do not include potentially dilutive common shares if their effect is anti-dilutive. As such, the shares that the Company could be obligated to issue from its stock options, warrants and Exchangeable Senior Notes are excluded from the earnings (loss) per share calculation if the exercise or exchangeable price exceeds the average market price of common shares.The Company uses the treasury stock method to calculate the dilutive effect of outstanding stock-based compensation. If dilutive, the Company uses the if converted method to calculate the dilutive effect of its Exchangeable Senior Notes. These notes will have a dilutive impact when the average market price of the Company’s common stock exceeds the initial exchange price of $24.49 per share. The Exchangeable Senior Notes were not dilutive as of March 31, 2025 as the closing price of the Company's common stock as of March 31, 2025 was less than the initial exchange price.The Company was in a net loss position