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Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue:      
Total revenue $ 353,386 $ 329,701 $ 266,001
Operating expenses:      
Selling, operating and administrative expenses 173,278 179,873 128,998
Marketing Funds expenses 90,319 82,391 64,402
Depreciation and amortization 35,769 31,333 26,106
Settlement and impairment charges 15,808 46,035 7,902
Total operating expenses 315,174 339,632 227,408
Operating income (loss) 38,212 (9,931) 38,593
Other expenses, net:      
Interest expense (20,903) (11,344) (9,223)
Interest income 1,460 217 340
Foreign currency transaction gains (losses) (641) (839) (2)
Loss on early extinguishment of debt   (264)  
Total other expenses, net (20,084) (12,230) (8,885)
Income (loss) before provision for income taxes 18,128 (22,161) 29,708
Provision for income taxes (7,371) (2,459) (9,162)
Net income (loss) 10,757 (24,620) 20,546
Less: net income (loss) attributable to non-controlling interest 4,647 (9,004) 9,296
Net income (loss) attributable to RE/MAX Holdings, Inc. $ 6,110 $ (15,616) $ 11,250
Common Class A      
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock      
Basic $ 0.33 $ (0.84) $ 0.62
Diluted $ 0.32 $ (0.84) $ 0.61
Weighted average shares of Class A common stock outstanding      
Basic 18,678,774 18,690,442 18,170,348
Diluted 18,844,696 18,690,442 18,324,246
Cash dividends declared per share of Class A common stock $ 0.92 $ 0.92 $ 0.88
Continuing franchise fees      
Revenue:      
Total revenue $ 133,389 $ 118,504 $ 90,217
Annual dues      
Revenue:      
Total revenue 35,676 35,549 35,075
Broker fees      
Revenue:      
Total revenue 62,939 65,456 50,028
Marketing Funds fees      
Revenue:      
Total revenue 90,319 82,391 64,402
Franchise sales and other revenue      
Revenue:      
Total revenue $ 31,063 $ 27,801 $ 26,279