XML 39 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 108,663 $ 126,270
Restricted cash 29,465 32,129
Accounts and notes receivable, current portion, net of allowances 32,518 34,611
Income taxes receivable 2,138 1,754
Other current assets 20,178 16,010
Total current assets 192,962 210,774
Property and equipment, net of accumulated depreciation 9,793 12,686
Operating lease right of use assets 25,825 36,523
Franchise agreements, net 120,174 143,832
Other intangible assets, net 25,763 32,530
Goodwill 258,626 269,115
Deferred tax assets, net 51,441 51,314
Income taxes receivable, net of current portion 754 1,803
Other assets, net of current portion 9,896 17,556
Total assets 695,234 776,133
Current liabilities:    
Accounts payable 6,165 5,189
Accrued liabilities 70,751 96,768
Income taxes payable 1,658 2,546
Deferred revenue 27,784 27,178
Current portion of debt 4,600 4,600
Current portion of payable pursuant to tax receivable agreements 1,642 3,610
Operating lease liabilities 7,068 6,328
Total current liabilities 119,668 146,219
Debt, net of current portion 443,720 447,459
Payable pursuant to tax receivable agreements, net of current portion 24,917 26,893
Deferred tax liabilities, net 13,113 14,699
Deferred revenue, net of current portion 18,287 18,929
Operating lease liabilities, net of current portion 37,989 45,948
Other liabilities, net of current portion 5,838 6,919
Total liabilities 663,532 707,066
Commitments and contingencies
Stockholders' equity:    
Additional paid-in capital 535,566 515,443
Accumulated deficit (53,999) (7,821)
Accumulated other comprehensive income (deficit), net of tax (395) 650
Total stockholders' equity attributable to RE/MAX Holdings, Inc. 481,174 508,274
Non-controlling interest (449,472) (439,207)
Total stockholders' equity 31,702 69,067
Total liabilities and stockholders' equity 695,234 776,133
Common Class A    
Stockholders' equity:    
Common stock 2 2
Common Class B    
Stockholders' equity:    
Common stock