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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 96,754 $ 108,663
Restricted cash 27,329 29,465
Accounts and notes receivable, current portion, net of allowances 33,284 32,518
Income taxes receivable 1,561 2,138
Other current assets 18,216 20,178
Total current assets 177,144 192,962
Property and equipment, net of accumulated depreciation 9,249 9,793
Operating lease right of use assets 26,359 25,825
Franchise agreements, net 115,334 120,174
Other intangible assets, net 23,750 25,763
Goodwill 258,686 258,626
Deferred tax assets, net 52,464 51,441
Income taxes receivable, net of current portion 754 754
Other assets, net of current portion 8,869 9,896
Total assets 672,609 695,234
Current liabilities:    
Accounts payable 3,409 6,165
Accrued liabilities 65,464 70,751
Income taxes payable 838 1,658
Deferred revenue 25,014 27,784
Current portion of debt 4,600 4,600
Current portion of payable pursuant to tax receivable agreements 1,642 1,642
Operating lease liabilities 7,371 7,068
Total current liabilities 108,338 119,668
Debt, net of current portion 442,782 443,720
Payable pursuant to tax receivable agreements, net of current portion 24,917 24,917
Deferred tax liabilities, net 12,505 13,113
Deferred revenue, net of current portion 18,117 18,287
Operating lease liabilities, net of current portion 37,453 37,989
Other liabilities, net of current portion 5,554 5,838
Total liabilities 649,666 663,532
Commitments and contingencies
Stockholders' equity:    
Additional paid-in capital 538,743 535,566
Accumulated deficit (63,137) (53,999)
Accumulated other comprehensive income (deficit), net of tax (313) (395)
Total stockholders' equity attributable to RE/MAX Holdings, Inc. 475,295 481,174
Non-controlling interest (452,352) (449,472)
Total stockholders' equity 22,943 31,702
Total liabilities and stockholders' equity 672,609 695,234
Common Class A    
Stockholders' equity:    
Common stock 2 2
Common Class B    
Stockholders' equity:    
Common stock