XML 82 R69.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment information - Segment Adjusted EBITDA to Net Income (Detail) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Segment Reporting Information [Line Items]    
Net income $ 9,130,000us-gaap_ProfitLoss $ 7,798,000us-gaap_ProfitLoss
Depreciation and amortization 3,811,000us-gaap_DepreciationAndAmortization 3,938,000us-gaap_DepreciationAndAmortization
Interest expense 2,809,000us-gaap_InterestExpense 2,466,000us-gaap_InterestExpense
Interest income (67,000)us-gaap_InterestIncomeDomesticDeposits (81,000)us-gaap_InterestIncomeDomesticDeposits
Provision for income taxes 2,148,000us-gaap_IncomeTaxExpenseBenefit 1,885,000us-gaap_IncomeTaxExpenseBenefit
EBITDA 17,831,000rmax_EarningLossesBeforeInterestTaxesDepreciationAndAmortization 16,006,000rmax_EarningLossesBeforeInterestTaxesDepreciationAndAmortization
(Gain) loss on sale or disposition of assets and sublease (43,000)us-gaap_GainLossOnSaleOfOtherAssets (178,000)us-gaap_GainLossOnSaleOfOtherAssets
Loss on early extinguishment of debt 94,000us-gaap_GainsLossesOnExtinguishmentOfDebt  
Non-cash straight-line rent expense 231,000us-gaap_StraightLineRentAdjustments 147,000us-gaap_StraightLineRentAdjustments
Non-recurring severance and other related expenses 451,000rmax_NonRecurringSeveranceAndOtherRelatedExpenses  
Acquisition integration and professional fees expense 183,000us-gaap_BusinessCombinationIntegrationRelatedCosts 18,000us-gaap_BusinessCombinationIntegrationRelatedCosts
Adjusted EBITDA 18,747,000rmax_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization 15,993,000rmax_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
Operating Segments | Real Estate Franchise Services    
Segment Reporting Information [Line Items]    
Net income 8,972,000us-gaap_ProfitLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
8,370,000us-gaap_ProfitLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
Depreciation and amortization 3,732,000us-gaap_DepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
3,868,000us-gaap_DepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
Interest expense 2,793,000us-gaap_InterestExpense
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
2,462,000us-gaap_InterestExpense
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
Interest income (67,000)us-gaap_InterestIncomeDomesticDeposits
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
(81,000)us-gaap_InterestIncomeDomesticDeposits
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
Provision for income taxes 2,120,000us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
1,983,000us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
EBITDA 17,550,000rmax_EarningLossesBeforeInterestTaxesDepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
16,602,000rmax_EarningLossesBeforeInterestTaxesDepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
(Gain) loss on sale or disposition of assets and sublease (83,000)us-gaap_GainLossOnSaleOfOtherAssets
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
(196,000)us-gaap_GainLossOnSaleOfOtherAssets
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
Loss on early extinguishment of debt 94,000us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
 
Non-cash straight-line rent expense 274,000us-gaap_StraightLineRentAdjustments
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
212,000us-gaap_StraightLineRentAdjustments
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
Non-recurring severance and other related expenses 451,000rmax_NonRecurringSeveranceAndOtherRelatedExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
 
Acquisition integration and professional fees expense 183,000us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
18,000us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
Adjusted EBITDA 18,469,000rmax_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
16,636,000rmax_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_RealEstateServicesMember
Operating Segments | Brokerages    
Segment Reporting Information [Line Items]    
Net income 158,000us-gaap_ProfitLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
(572,000)us-gaap_ProfitLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
Depreciation and amortization 79,000us-gaap_DepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
70,000us-gaap_DepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
Interest expense 16,000us-gaap_InterestExpense
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
4,000us-gaap_InterestExpense
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
Interest income 0us-gaap_InterestIncomeDomesticDeposits
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
0us-gaap_InterestIncomeDomesticDeposits
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
Provision for income taxes 28,000us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
(98,000)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
EBITDA 281,000rmax_EarningLossesBeforeInterestTaxesDepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
(596,000)rmax_EarningLossesBeforeInterestTaxesDepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
(Gain) loss on sale or disposition of assets and sublease (40,000)us-gaap_GainLossOnSaleOfOtherAssets
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
(18,000)us-gaap_GainLossOnSaleOfOtherAssets
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
Non-cash straight-line rent expense (43,000)us-gaap_StraightLineRentAdjustments
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
(65,000)us-gaap_StraightLineRentAdjustments
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
Adjusted EBITDA $ 278,000rmax_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember
$ (643,000)rmax_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= rmax_BrokerageMember