What was the amount of Stock-based compensation for Better Homes And Gardens Real Estate in 2022?
Better_Homes_And_Gardens_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
Anywhere Group equals that of Anywhere, but the components, common stock and additional paid-in capital are different. The table below presents information regarding the balances and changes in common stock and additional paid-in capital of Anywhere Group for each of the three years ended December 31, 2024, 2023 and 2022.
| Comm | on Stock | _ | ] | dditional Paid-In Capital | Ac | cumulated Deficit | ccumulated Other mprehensive Loss | Non- controll Interes | ing | Total Equity | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at January 1, 2022 | $ - | _ | $ | 4,948 | $ | (2,712) | $ | (50) | $ | 6 | $ 2,192 | |
| Cumulative effect adjustment due to the adoption of ASU 2020-06 | _ | _ | _ | (53) | 5 | _ | (48) | |||||
| Net (loss) income | _ | _ | _ | (287) | _ | 4 | (283) | |||||
| Other comprehensive income | _ | _ | 2 | 2 | ||||||||
| Repurchase of common stock | _ | _ | (97) | (97) | ||||||||
| Contributions from Anywhere | _ | _ | 2 | 2 | ||||||||
| Stock-based compensation | _ | _ | 6 | 6 | ||||||||
| Dividends | _ | _ | (8) | (8) | ||||||||
| Contributions from non-controlli |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 75–76)
What This Means (2025 FDD)
According to Better Homes And Gardens Real Estate's 2025 Franchise Disclosure Document, the stock-based compensation for the period ending December 31, 2022, was $6 million. This figure reflects the value of stock options or stock grants awarded to employees or executives as part of their compensation packages.
For a prospective Better Homes And Gardens Real Estate franchisee, this information provides insight into the financial structure and compensation strategies of the parent company, Anywhere Real Estate Group LLC. While it doesn't directly impact the franchisee's day-to-day operations, it offers a glimpse into how the company attracts and retains talent, which can indirectly affect the quality of support and services provided to franchisees.
It's important to note that stock-based compensation is a non-cash expense, meaning it doesn't represent an actual outflow of cash. Instead, it reflects the value of equity-based awards. Franchisees may want to consider this information in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial health and stability. Reviewing the overall financial statements of Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC, as detailed in Exhibit F of the FDD, would provide additional context.