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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue:    
Total revenue $ 70,272 $ 71,178
Operating expenses:    
Selling, operating and administrative expenses 34,677 33,903
Marketing Funds expenses 17,522 18,772
Depreciation and amortization 6,310 5,558
Total operating expenses 58,509 58,233
Operating income 11,763 12,945
Other expenses, net:    
Interest expense (2,682) (3,155)
Interest income 269 320
Foreign currency transaction gains (losses) (270) 55
Total other expenses, net (2,683) (2,780)
Income before provision for income taxes 9,080 10,165
Provision for income taxes (3,790) (1,908)
Net income 5,290 8,257
Less: net income attributable to non-controlling interest (note 3) 2,659 3,848
Net income attributable to RE/MAX Holdings, Inc. $ 2,631 $ 4,409
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock    
Basic $ 0.15 $ 0.25
Diluted $ 0.15 $ 0.25
RMCO, LLC    
Other expenses, net:    
Net income $ 5,290 $ 8,257
Less: net income attributable to non-controlling interest (note 3) 2,659 3,848
Net income attributable to RE/MAX Holdings, Inc. $ 2,631 $ 4,409
Common Class A    
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock    
Basic $ 0.15 $ 0.25
Diluted $ 0.15 $ 0.25
Weighted average shares of Class A common stock outstanding    
Basic 17,974,264 17,775,381
Diluted 18,033,631 17,817,620
Cash dividends declared per share of Class A common stock $ 0.22 $ 0.21
Continuing franchise fees    
Revenue:    
Total revenue $ 24,143 $ 24,956
Annual dues    
Revenue:    
Total revenue 8,921 8,854
Broker fees    
Revenue:    
Total revenue 9,444 8,588
Marketing Funds fees    
Revenue:    
Total revenue 17,522 18,772
Franchise sales and other revenue    
Revenue:    
Total revenue $ 10,242 $ 10,008