XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 89,135 $ 83,001
Restricted cash 15,635 20,600
Accounts and notes receivable, current portion, less allowances of $14,614 and $12,538, respectively 30,003 28,644
Income taxes receivable 718 896
Other current assets 12,484 9,638
Total current assets 147,975 142,779
Property and equipment, net of accumulated depreciation of $16,408 and $14,940, respectively 6,016 5,444
Operating lease right of use assets 39,937 51,129
Franchise agreements, net 76,065 87,670
Other intangible assets, net 31,424 32,315
Goodwill 176,302 159,038
Deferred tax assets, net 49,377 52,595
Income taxes receivable, net of current portion 1,690 1,690
Other assets, net of current portion 14,535 9,692
Total assets 543,321 542,352
Current liabilities:    
Accounts payable 5,727 2,983
Accrued liabilities 52,073 60,163
Income taxes payable 7,249 6,854
Deferred revenue 23,147 25,663
Current portion of debt 2,489 2,648
Current portion of payable pursuant to tax receivable agreements 6,478 3,583
Operating lease liabilities 5,553 5,102
Total current liabilities 102,716 106,996
Debt, net of current portion 221,594 223,033
Payable pursuant to tax receivable agreements, net of current portion 30,745 33,640
Deferred tax liabilities, net 1,000 293
Deferred revenue, net of current portion 17,931 18,763
Operating lease liabilities, net of current portion 51,750 55,959
Other liabilities, net of current portion 5,408 5,292
Total liabilities 431,144 443,976
Commitments and contingencies (note 12)
Stockholders' equity:    
Additional paid-in capital 485,664 466,945
Retained earnings 27,951 30,525
Accumulated other comprehensive income, net of tax 476 414
Total stockholders' equity attributable to RE/MAX Holdings, Inc. 514,093 497,886
Non-controlling interest (401,916) (399,510)
Total stockholders' equity 112,177 98,376
Total liabilities and stockholders' equity 543,321 542,352
Common Class A    
Stockholders' equity:    
Common stock 2 2
Common Class B    
Stockholders' equity:    
Common stock $ 0 $ 0