What was the stock-based compensation amount 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 company in 2022 was $6 million. This figure reflects the value of stock options or stock grants awarded to employees as part of their compensation packages during that year. Stock-based compensation is a non-cash expense for the company, but it represents a real cost in terms of equity dilution.
For a prospective Better Homes And Gardens Real Estate franchisee, this information provides insight into the company's overall financial structure and how it compensates its employees. While the franchisee does not directly receive this compensation, it is an indicator of the financial health and practices of the parent company, Anywhere Real Estate Group LLC, which guarantees the obligations of Better Homes and Gardens Real Estate LLC.
It's important to note that this figure is part of the consolidated financial statements of Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC, the parent companies. Separate financial statements for Better Homes and Gardens Real Estate LLC are not included in the FDD. Therefore, the franchisee should consider this information as part of a broader analysis of the financial stability and practices of the overall organization.