Acquisitions and Dispositions (Tables)

3 Months Ended

Mar. 31, 2017

Business Acquisition Pro Forma Information [Line Items]

Summary of Estimated Fair Value of Assets at Acquisition Date

The following table summarizes the allocation of the purchase price to the fair value of assets acquired for the aforementioned acquisitions (in thousands):

		RE/MAX Regional Services		RE/MAX of New Jersey		Full House		RE/MAX of Alaska		RE/MAX of New York		Total
Cash and cash equivalents	$	-	$	335	$	-	$	-	$	131	$	466
Franchise agreements		28,000		28,200		-		529		5,000		61,729
Non-compete agreement		-		-		2,500		-		-		2,500
Other assets		-		-		-		-		340		340
Goodwill		22,400		16,465		11,800		971		3,029		54,665
Total purchase price	$	50,400	$	45,000	$	14,300	$	1,500	$	8,500	$	119,700

Summary of Unaudited Pro Forma Information

	Three Months Ended
	March 31, 2016
	(In thousands, except per share amounts)
Total revenue	$	45,983
Net income attributable to RE/MAX Holdings, Inc. (a)	$	3,907
Basic earnings per common share	$	0.22
Diluted earnings per common share	$	0.22

(a) Includes the net impact of $1.0 million in professional fees and debt extinguishment costs incurred related to the amendment of the Company’s credit facility.  See Note 8, Debt, for a discussion of the credit facility. 

Full House Mortgage Connection, Inc.

Business Acquisition Pro Forma Information [Line Items]

Estimated Consideration Transferred

Cash consideration	$	8,000
Contingent purchase consideration		6,300
Total purchase price	$	14,300