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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue:        
Continuing franchise fees $ 18,905 $ 18,523 $ 54,833 $ 54,251
Annual dues 8,010 7,697 23,687 22,846
Broker fees 9,321 8,279 24,988 21,853
Franchise sales and other franchise revenue 5,624 5,472 19,535 17,935
Brokerage revenue 3,250 4,269 10,551 11,534
Total revenue 45,110 44,240 133,594 128,419
Operating expenses:        
Selling, operating and administrative expenses 20,724 20,559 65,525 65,321
Depreciation and amortization 3,765 3,767 11,384 11,517
Loss (gain) on sale or disposition of assets, net 9   (606) (1)
Total operating expenses 24,498 24,326 76,303 76,837
Operating income 20,612 19,914 57,291 51,582
Other expenses, net:        
Interest expense (2,338) (2,255) (7,448) (7,007)
Interest income 36 58 136 205
Foreign currency transaction (losses) (201) (811) (1,585) (504)
Loss on early extinguishment of debt     (94) (178)
Equity in earnings of investees 361 265 963 394
Total other expenses, net (2,142) (2,743) (8,028) (7,090)
Income before provision for income taxes 18,470 17,171 49,263 44,492
Provision for income taxes (3,277) (3,116) (8,882) (8,130)
Net income (loss) 15,193 14,055 40,381 36,362
Less: net income attributable to non-controlling interest 10,396 9,780 27,907 25,299
Net income attributable to RE/MAX Holdings, Inc. $ 4,797 $ 4,275 $ 12,474 $ 11,063
Class A common stock        
Net income attributable to RE/MAX Holdings, Inc. per share        
Basic $ 0.39 $ 0.37 $ 1.03 $ 0.95
Diluted $ 0.39 $ 0.35 $ 1.01 $ 0.90
Weighted average shares outstanding        
Basic 12,333,690 11,579,669 12,127,548 11,593,738
Diluted 12,420,748 12,229,010 12,315,663 12,235,160
Cash dividends declared per share $ 0.1250 $ 0.0625 $ 1.8750 $ 0.1875