XML 41 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 101,355 $ 83,001
Restricted cash 19,872 20,600
Accounts and notes receivable, current portion, less allowances of $11,724 and $12,538, respectively 29,985 28,644
Income taxes receivable 1,222 896
Other current assets 13,938 9,638
Total current assets 166,372 142,779
Property and equipment, net of accumulated depreciation of $14,731 and $14,940, respectively 7,872 5,444
Operating lease right of use assets 38,878 51,129
Franchise agreements, net 72,196 87,670
Other intangible assets, net 29,969 32,315
Goodwill 175,835 159,038
Deferred tax assets, net 48,855 52,595
Income taxes receivable, net of current portion 1,980 1,690
Other assets, net of current portion 15,435 9,692
Total assets 557,392 542,352
Current liabilities:    
Accounts payable 2,108 2,983
Accrued liabilities 68,571 60,163
Income taxes payable 9,579 6,854
Deferred revenue 25,282 25,663
Current portion of debt 2,428 2,648
Current portion of payable pursuant to tax receivable agreements 3,590 3,583
Operating lease liabilities 5,687 5,102
Total current liabilities 117,245 106,996
Debt, net of current portion 221,137 223,033
Payable pursuant to tax receivable agreements, net of current portion 29,974 33,640
Deferred tax liabilities, net 490 293
Deferred revenue, net of current portion 19,864 18,763
Operating lease liabilities, net of current portion 50,279 55,959
Other liabilities, net of current portion 5,722 5,292
Total liabilities 444,711 443,976
Commitments and contingencies
Stockholders' equity:    
Additional paid-in capital 491,422 466,945
Retained earnings 25,139 30,525
Accumulated other comprehensive income, net of tax 612 414
Total stockholders' equity attributable to RE/MAX Holdings, Inc. 517,175 497,886
Non-controlling interest (404,494) (399,510)
Total stockholders' equity 112,681 98,376
Total liabilities and stockholders' equity 557,392 542,352
Common Class A    
Stockholders' equity:    
Common stock $ 2 $ 2