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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenue:      
Total revenue $ 266,001 $ 282,293 $ 212,626
Operating expenses:      
Selling, operating and administrative expenses 128,998 119,232 120,242
Marketing Funds expenses 64,402 72,299 0
Depreciation and amortization 26,691 22,323 20,678
Impairment charge - leased assets 7,902 0 0
Gain on reduction in tax receivable agreement liability 0 0 (6,145)
Total operating expenses 227,993 213,854 134,775
Operating income 38,008 68,439 77,851
Other expenses, net:      
Interest expense (9,223) (12,229) (12,051)
Interest income 340 1,446 676
Foreign currency transaction gains (losses) (2) 109 (312)
Total other expenses, net (8,885) (10,674) (11,687)
Income before provision for income taxes 29,123 57,765 66,164
Provision for income taxes (9,103) (10,909) (16,342)
Net income 20,020 46,856 49,822
Less: net income attributable to non-controlling interest 9,056 21,816 22,939
Net income attributable to RE/MAX Holdings, Inc. $ 10,964 $ 25,040 $ 26,883
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock      
Basic $ 0.60 $ 1.41 $ 1.52
Diluted 0.60 1.40 1.51
Common Class A      
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock      
Basic 0.60 1.41 1.52
Diluted $ 0.60 $ 1.40 $ 1.51
Weighted average shares of Class A common stock outstanding      
Basic 18,170,348 17,812,065 17,737,649
Diluted 18,324,246 17,867,752 17,767,499
Cash dividends declared per share of Class A common stock $ 0.88 $ 0.84 $ 0.80
Continuing franchise fees      
Revenue:      
Total revenue $ 90,217 $ 99,928 $ 101,104
Annual dues      
Revenue:      
Total revenue 35,075 35,409 35,894
Broker fees      
Revenue:      
Total revenue 50,028 45,990 46,871
Marketing Funds fees      
Revenue:      
Total revenue 64,402 72,299 0
Franchise sales and other revenue      
Revenue:      
Total revenue $ 26,279 $ 28,667 $ 28,757