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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue:        
Continuing franchise fees $ 18,268 $ 18,024 $ 35,928 $ 35,728
Annual dues 7,875 7,643 15,677 15,149
Broker fees 9,247 8,016 15,667 13,574
Franchise sales and other franchise revenue 5,485 4,554 13,911 12,463
Brokerage revenue 3,402 4,062 7,301 7,265
Total revenue 44,277 42,299 88,484 84,179
Operating expenses:        
Selling, operating and administrative expenses 19,730 19,475 44,801 44,762
Depreciation and amortization 3,808 3,812 7,619 7,750
Gain on sale or disposition of assets, net (617)   (615) (1)
Total operating expenses 22,921 23,287 51,805 52,511
Operating income 21,356 19,012 36,679 31,668
Other expenses, net:        
Interest expense (2,301) (2,286) (5,110) (4,752)
Interest income 33 66 100 147
Foreign currency transaction gains (losses) 37 836 (1,384) 307
Loss on early extinguishment of debt   (178) (94) (178)
Equity in earnings of investees 390 188 602 129
Total other expenses, net (1,841) (1,374) (5,886) (4,347)
Income before provision for income taxes 19,515 17,638 30,793 27,321
Provision for income taxes (3,457) (3,129) (5,605) (5,014)
Net income (loss) 16,058 14,509 25,188 22,307
Less: net income attributable to non-controlling interest 11,088 10,132 17,500 15,519
Net income attributable to RE/MAX Holdings, Inc. $ 4,970 $ 4,377 $ 7,688 $ 6,788
Class A common stock        
Net income attributable to RE/MAX Holdings, Inc. per share        
Basic $ 0.41 $ 0.38 $ 0.64 $ 0.59
Diluted $ 0.40 $ 0.36 $ 0.62 $ 0.55
Weighted average shares outstanding        
Basic 12,225,678 11,593,885 12,022,769 11,600,889
Diluted 12,399,527 12,230,014 12,346,834 12,238,189
Cash dividends declared per share $ 0.1250 $ 0.0625 $ 1.7500 $ 0.1250