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Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Total revenue $ 88,943 $ 90,997 $ 272,119 $ 240,538
Operating expenses:        
Selling, operating and administrative expenses 49,702 51,099 138,314 133,591
Marketing Funds expenses 22,736 23,269 68,496 59,456
Depreciation and amortization 8,757 8,582 26,855 22,236
Settlement and impairment charges 2,513 45,623 8,708 45,623
Total operating expenses 83,708 128,573 242,373 260,906
Operating income (loss) 5,235 (37,576) 29,746 (20,368)
Other expenses, net:        
Interest expense (5,729) (3,315) (13,412) (7,537)
Interest income 497 19 675 201
Foreign currency transaction gains (losses) (360) (435) (340) (818)
Loss on early extinguishment of debt   (264)   (264)
Total other expenses, net (5,592) (3,995) (13,077) (8,418)
Income (loss) before provision for income taxes (357) (41,571) 16,669 (28,786)
Provision for income taxes (553) (792) (4,359) (1,454)
Net income (loss) (910) (42,363) 12,310 (30,240)
Less: net income (loss) attributable to non-controlling interest (1,050) (17,214) 4,890 (11,515)
Net income (loss) attributable to RE/MAX Holdings, Inc. $ 140 $ (25,149) $ 7,420 $ (18,725)
Common Class A        
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock        
Basic $ 0.01 $ (1.34) $ 0.39 $ (1.00)
Diluted $ 0.01 $ (1.34) $ 0.39 $ (1.00)
Weighted average shares of Class A common stock outstanding        
Basic 18,646,306 18,739,564 18,859,376 18,651,858
Diluted 18,876,863 18,739,564 19,080,605 18,651,858
Cash dividends declared per share of Class A common stock $ 0.23 $ 0.23 $ 0.69 $ 0.69
Continuing franchise fees        
Revenue:        
Total revenue $ 33,310 $ 32,464 $ 100,937 $ 84,793
Annual dues        
Revenue:        
Total revenue 8,911 8,967 26,847 26,508
Broker fees        
Revenue:        
Total revenue 16,596 19,245 50,998 48,651
Marketing Funds fees        
Revenue:        
Total revenue 22,736 23,269 68,496 59,456
Franchise sales and other revenue        
Revenue:        
Total revenue $ 7,390 $ 7,052 $ 24,841 $ 21,130