Acquisition (Tables) (RMCO)

9 Months Ended

Sep. 30, 2013

RMCO

Summary of Estimated Fair Value of Assets Acquired at Acquisition Date

The following table summarizes the estimated fair value of the assets acquired at the acquisition date (in thousands):

Accounts and notes receivable, net	$	122
Franchise agreements		15,200
Goodwill		30,178
Total purchase price	$	45,500

Summary of Unaudited Pro Forma Information

The following unaudited pro forma financial information reflects the consolidated results of operations of the Company as if the acquisition of RE/MAX of Texas had occurred on January1, 2012. The historical financial information has been adjusted to give effect to events that are (1)directly attributed to the acquisition, (2)factually supportable and (3)expected to have a continuing impact on the combined results. Such items include interest expense related to debt issued to fund the acquisition as well as additional amortization expense associated with the valuation of the acquired franchise agreement. This unaudited pro forma information should not be relied upon as necessarily being indicative of the historical results that would have been obtained if the acquisition had actually occurred on that date, nor of the results that may be obtained in the future.

	Unaudited
	Ninemonth periodended September30,2012
	(inthousands)
Total revenue	$	115,261
Net income		30,017