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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Total revenue $ 72,295 $ 70,272
Operating expenses:    
Selling, operating and administrative expenses 43,676 34,677
Marketing Funds expenses 18,145 17,522
Depreciation and amortization 6,937 6,310
Total operating expenses 68,758 58,509
Operating income 3,537 11,763
Other expenses, net:    
Interest expense (2,098) (2,682)
Interest income 163 269
Foreign currency transaction gains (losses) (20) (270)
Total other expenses, net (1,955) (2,683)
Income before provision for income taxes 1,582 9,080
Provision for income taxes 58 (3,790)
Net income 1,640 5,290
Less: net income attributable to non-controlling interest 548 2,659
Net income attributable to RE/MAX Holdings, Inc. $ 1,092 $ 2,631
Common Class A    
Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock    
Basic $ 0.06 $ 0.15
Diluted $ 0.06 $ 0.15
Weighted average shares of Class A common stock outstanding    
Basic 18,496,532 17,974,264
Diluted 18,866,727 18,033,631
Cash dividends declared per share of Class A common stock $ 0.23 $ 0.22
Continuing franchise fees    
Revenue:    
Total revenue $ 25,374 $ 24,143
Annual dues    
Revenue:    
Total revenue 8,672 8,921
Broker fees    
Revenue:    
Total revenue 11,953 9,444
Marketing Funds fees    
Revenue:    
Total revenue 18,145 17,522
Franchise sales and other revenue    
Revenue:    
Total revenue $ 8,151 $ 10,242