XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 107,252 $ 101,355
Restricted cash 14,425 19,872
Accounts and notes receivable, current portion, less allowances of $11,235 and $11,724, respectively 31,093 29,985
Income taxes receivable 2,417 1,222
Other current assets 13,343 13,938
Total current assets 168,530 166,372
Property and equipment, net of accumulated depreciation of $15,835 and $14,731, respectively 10,484 7,872
Operating lease right of use assets 36,758 38,878
Franchise agreements, net 64,495 72,196
Other intangible assets, net 26,415 29,969
Goodwill 176,061 175,835
Deferred tax assets, net 48,459 48,855
Income taxes receivable, net of current portion 1,980 1,980
Other assets, net of current portion 17,119 15,435
Total assets 550,301 557,392
Current liabilities:    
Accounts payable 4,737 2,108
Accrued liabilities 63,740 68,571
Income taxes payable 1,643 9,579
Deferred revenue 24,936 25,282
Current portion of debt 2,350 2,428
Current portion of payable pursuant to tax receivable agreements 3,590 3,590
Operating lease liabilities 5,904 5,687
Total current liabilities 106,900 117,245
Debt, net of current portion 220,217 221,137
Payable pursuant to tax receivable agreements, net of current portion 29,974 29,974
Deferred tax liabilities, net 504 490
Deferred revenue, net of current portion 19,032 19,864
Operating lease liabilities, net of current portion 47,307 50,279
Other liabilities, net of current portion 5,648 5,722
Total liabilities 429,582 444,711
Commitments and contingencies
Stockholders' equity:    
Additional paid-in capital 503,430 491,422
Retained earnings 22,289 25,139
Accumulated other comprehensive income, net of tax 763 612
Total stockholders' equity attributable to RE/MAX Holdings, Inc. 526,484 517,175
Non-controlling interest (405,765) (404,494)
Total stockholders' equity 120,719 112,681
Total liabilities and stockholders' equity 550,301 557,392
Common Class A    
Stockholders' equity:    
Common stock 2 2
Total stockholders' equity $ 2 $ 2