Acquisitions and Dispositions (Tables)

6 Months Ended

Jun. 30, 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 and liabilities assumed for the aforementioned acquisitions (in thousands):

		RE/MAX Regional Services(a)		RE/MAX of New Jersey(a)		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		16,800		11,800		971		3,029		55,000
Other liabilities		-		(335)		-		-		-		(335)
Total purchase price	$	50,400	$	45,000	$	14,300	$	1,500	$	8,500	$	119,700

Summary of Unaudited Pro Forma Information

	Three Months Ended		Six Months Ended
	June 30, 2016		June 30, 2016
Total revenue	$	46,309	$	92,293
Net income attributable to RE/MAX Holdings, Inc. (a)	$	7,058	$	10,965
Basic earnings per common share	$	0.40	$	0.62
Diluted earnings per common share	$	0.40	$	0.62

(a) Six months ended June 30, 2016 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]

Consideration Transferred

Cash consideration	$	8,000
Contingent purchase consideration (See Note 9)		6,300
Total purchase price	$	14,300