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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue:        
Total revenue $ 71,381,000 $ 54,277,000 $ 142,559,000 $ 106,919,000
Operating expenses:        
Selling, operating and administrative expenses 25,726,000 28,307,000 59,250,000 62,675,000
Marketing Funds expenses 18,060,000 0 36,832,000 0
Depreciation and amortization 5,541,000 5,069,000 11,099,000 9,644,000
(Gain) loss on sale or disposition of assets, net (16,000) (13,000) 363,000 (31,000)
Total operating expenses 49,311,000 33,363,000 107,544,000 72,288,000
Operating income 22,070,000 20,914,000 35,015,000 34,631,000
Other expenses, net:        
Interest expense (3,154,000) (3,171,000) (6,309,000) (5,895,000)
Interest income 342,000 98,000 662,000 217,000
Foreign currency transaction gains (losses) 61,000 (103,000) 116,000 (186,000)
Total other expenses, net (2,751,000) (3,176,000) (5,531,000) (5,864,000)
Income before provision for income taxes 19,319,000 17,738,000 29,484,000 28,767,000
Provision for income taxes (3,186,000) (3,147,000) (5,094,000) (5,009,000)
Net income 16,133,000 14,591,000 24,390,000 23,758,000
Less: net income attributable to non-controlling interest (note 4) 7,563,000 6,943,000 11,411,000 11,127,000
Net income attributable to RE/MAX Holdings, Inc. 8,570,000 7,648,000 $ 12,979,000 $ 12,631,000
Weighted average shares of Class A common stock outstanding        
Cash dividends declared per share of Class A common stock     $ 0.42 $ 0.40
Common Class A        
Other expenses, net:        
Net income $ 0 $ 0    
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock        
Basic $ 0.48 $ 0.43 0.73 0.71
Diluted $ 0.48 $ 0.43 $ 0.73 $ 0.71
Weighted average shares of Class A common stock outstanding        
Basic 17,808,321 17,746,042 17,791,942 17,727,671
Diluted 17,833,958 17,769,641 17,825,880 17,763,592
Cash dividends declared per share of Class A common stock $ 0.21 $ 0.20 $ 0.42 $ 0.40
Continuing franchise fees        
Revenue:        
Total revenue $ 24,894,000 $ 25,211,000 $ 49,850,000 $ 50,451,000
Annual dues        
Revenue:        
Total revenue 8,819,000 8,973,000 17,673,000 17,669,000
Broker fees        
Revenue:        
Total revenue 13,459,000 13,993,000 22,047,000 23,181,000
Marketing Funds fees        
Revenue:        
Total revenue 18,060,000 0 36,832,000 0
Franchise sales and other revenue        
Revenue:        
Total revenue $ 6,149,000 $ 6,100,000 $ 16,157,000 $ 15,618,000