10-Q Filing

RE/MAX Holdings, Inc. CIK: 1581091 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-006308`
Period End Date	20180630
Filing Date	20180803
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	rmax-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 70 Cash Flow Statement 60 Stockholders Equity 18 Comprehensive Income 24

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, allowance	`AllowanceForDoubtfulAccountsReceivable`	$7.22M	USD	Point-in-time
Accounts Receivable, allowance	`AllowanceForDoubtfulAccountsReceivable`	$6.86M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$12.65M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$12.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.84M	USD	Point-in-time
Accounts and notes receivable, current portion, less allowances of $6,864 and $7,223, respectively	`AccountsNotesAndLoansReceivableNetCurrent`	$23.53M	USD	Point-in-time
Accounts and notes receivable, current portion, less allowances of $6,864 and $7,223, respectively	`AccountsNotesAndLoansReceivableNetCurrent`	$20.28M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$1.73M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$963.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$7.97M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$80.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$70.30M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $12,652 and $12,326, respectively	`PropertyPlantAndEquipmentNet`	$2.90M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $12,652 and $12,326, respectively	`PropertyPlantAndEquipmentNet`	$3.79M	USD	Point-in-time
Franchise agreements, net	`FiniteLivedIntangibleAssetsNet`	$110.91M	USD	Point-in-time
Franchise agreements, net	`FiniteLivedIntangibleAssetsNet`	$119.35M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$8.48M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$15.75M	USD	Point-in-time
Goodwill	`Goodwill`	$154.41M	USD	Point-in-time
Goodwill	`Goodwill`	$135.21M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$60.79M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$62.84M	USD	Point-in-time
Other assets, net of current portion	`OtherAssetsNoncurrent`	$4.41M	USD	Point-in-time
Other assets, net of current portion	`OtherAssetsNoncurrent`	$4.02M	USD	Point-in-time
Total assets	`Assets`	$412.83M	USD	Point-in-time
Total assets	`Assets`	$420.36M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$475.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$517.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$10.62M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.39M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$97.00K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$42.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$25.91M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$25.27M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$2.35M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$2.71M	USD	Point-in-time
Current portion of payable pursuant to tax receivable agreements	`AmountsPayableUnderTaxReceivableAgreementsCurrent`	$6.25M	USD	Point-in-time
Current portion of payable pursuant to tax receivable agreements	`AmountsPayableUnderTaxReceivableAgreementsCurrent`	$6.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$49.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.06M	USD	Point-in-time
Debt, net of current portion	`LongTermDebtNoncurrent`	$226.40M	USD	Point-in-time
Debt, net of current portion	`LongTermDebtNoncurrent`	$226.64M	USD	Point-in-time
Payable pursuant to tax receivable agreements, net of current portion	`AmountsPayableUnderTaxReceivableAgreementsNoncurrent`	$46.92M	USD	Point-in-time
Payable pursuant to tax receivable agreements, net of current portion	`AmountsPayableUnderTaxReceivableAgreementsNoncurrent`	$46.92M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$151.00K	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$155.00K	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$20.27M	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$20.23M	USD	Point-in-time
Other liabilities, net of current portion	`OtherLiabilitiesNoncurrent`	$20.01M	USD	Point-in-time
Other liabilities, net of current portion	`OtherLiabilitiesNoncurrent`	$19.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$363.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$359.82M	USD	Point-in-time
Commitments and contingencies (note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$451.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$454.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.40M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$459.00K	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$362.00K	USD	Point-in-time
Total stockholders' equity attributable to RE/MAX Holdings, Inc.	`StockholdersEquity`	$460.06M	USD	Point-in-time
Total stockholders' equity attributable to RE/MAX Holdings, Inc.	`StockholdersEquity`	$468.23M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-410.93M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-407.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$49.13M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$60.54M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$412.83M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$420.36M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$96.13M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$48.73M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$106.92M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$54.28M	USD	1 Quarter
Selling, operating and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$28.31M	USD	1 Quarter
Selling, operating and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$47.32M	USD	2 Qtrs
Selling, operating and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$62.67M	USD	2 Qtrs
Selling, operating and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$20.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.64M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.40M	USD	1 Quarter
Gain on sale or disposition of assets, net	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$13.00K	USD	1 Quarter
Gain on sale or disposition of assets, net	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$25.00K	USD	2 Qtrs
Gain on sale or disposition of assets, net	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$12.00K	USD	1 Quarter
Gain on sale or disposition of assets, net	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$31.00K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$72.29M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$58.69M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$26.05M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$33.36M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$37.44M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$34.63M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$22.67M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$20.91M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.82M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.46M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.17M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.89M	USD	2 Qtrs
Interest income	`InterestIncomeDomesticDeposits`	$50.00K	USD	2 Qtrs
Interest income	`InterestIncomeDomesticDeposits`	$25.00K	USD	1 Quarter
Interest income	`InterestIncomeDomesticDeposits`	$98.00K	USD	1 Quarter
Interest income	`InterestIncomeDomesticDeposits`	$217.00K	USD	2 Qtrs
Foreign currency transaction (losses) gains	`ForeignCurrencyTransactionGainLossRealized`	$-186.00K	USD	2 Qtrs
Foreign currency transaction (losses) gains	`ForeignCurrencyTransactionGainLossRealized`	$39.00K	USD	1 Quarter
Foreign currency transaction (losses) gains	`ForeignCurrencyTransactionGainLossRealized`	$-103.00K	USD	1 Quarter
Foreign currency transaction (losses) gains	`ForeignCurrencyTransactionGainLossRealized`	$16.00K	USD	2 Qtrs
Total other expenses, net	`OtherNonoperatingIncomeExpense`	$-4.75M	USD	2 Qtrs
Total other expenses, net	`OtherNonoperatingIncomeExpense`	$-3.18M	USD	1 Quarter
Total other expenses, net	`OtherNonoperatingIncomeExpense`	$-2.40M	USD	1 Quarter
Total other expenses, net	`OtherNonoperatingIncomeExpense`	$-5.86M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.74M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.69M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.27M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$28.77M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.01M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.15M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.74M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.76M	USD	2 Qtrs
Net income	`ProfitLoss`	$15.54M	USD	1 Quarter
Net income	`ProfitLoss`	$14.59M	USD	1 Quarter
Net income	`ProfitLoss`	$23.76M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.93M	USD	2 Qtrs
Less: net income attributable to non-controlling interest (note 4)	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.08M	USD	1 Quarter
Less: net income attributable to non-controlling interest (note 4)	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.13M	USD	2 Qtrs
Less: net income attributable to non-controlling interest (note 4)	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.94M	USD	1 Quarter
Less: net income attributable to non-controlling interest (note 4)	`NetIncomeLossAttributableToNoncontrollingInterest`	$12.93M	USD	2 Qtrs
Net income attributable to RE/MAX Holdings, Inc.	`NetIncomeLoss`	$12.00M	USD	2 Qtrs
Net income attributable to RE/MAX Holdings, Inc.	`NetIncomeLoss`	$7.46M	USD	1 Quarter
Net income attributable to RE/MAX Holdings, Inc.	`NetIncomeLoss`	$12.63M	USD	2 Qtrs
Net income attributable to RE/MAX Holdings, Inc.	`NetIncomeLoss`	$7.65M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.71	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.68	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.68	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.71	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Cash dividends declared per share of Class A common stock	`CommonStockDividendsPerShareDeclared`	$0.40	USD	2 Qtrs
Cash dividends declared per share of Class A common stock	`CommonStockDividendsPerShareDeclared`	$0.36	USD	2 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Cash acquired	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Cash acquired	`CashAcquiredFromAcquisition`	$362.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$15.54M	USD	1 Quarter
Net income	`ProfitLoss`	$14.59M	USD	1 Quarter
Net income	`ProfitLoss`	$23.76M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.93M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.64M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.40M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$823.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$587.00K	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$1.29M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$3.42M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$2.67M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$2.06M	USD	2 Qtrs
Fair value adjustments to contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-170.00K	USD	2 Qtrs
Fair value adjustments to contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-55.00K	USD	1 Quarter
Fair value adjustments to contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$80.00K	USD	2 Qtrs
Fair value adjustments to contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-300.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-426.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-231.00K	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$7.99M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$6.29M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$32.94M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.93M	USD	2 Qtrs
Purchases of property, equipment and software and capitalization of trademark costs	`PaymentsToAcquireProductiveAssets`	$1.44M	USD	2 Qtrs
Purchases of property, equipment and software and capitalization of trademark costs	`PaymentsToAcquireProductiveAssets`	$1.32M	USD	2 Qtrs
Acquisitions, net of cash acquired of $362 and $0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$25.89M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.32M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.33M	USD	2 Qtrs
Payments on debt	`RepaymentsOfDebt`	$1.18M	USD	2 Qtrs
Payments on debt	`RepaymentsOfDebt`	$1.55M	USD	2 Qtrs
Distributions paid to non-controlling unitholders	`PaymentsToMinorityShareholders`	$7.82M	USD	2 Qtrs
Distributions paid to non-controlling unitholders	`PaymentsToMinorityShareholders`	$10.97M	USD	2 Qtrs
Dividends and dividend equivalents paid to Class A common stockholders	`PaymentsOfDividendsCommonStock`	$7.21M	USD	2 Qtrs
Dividends and dividend equivalents paid to Class A common stockholders	`PaymentsOfDividendsCommonStock`	$6.42M	USD	2 Qtrs
Payment of payroll taxes related to net settled restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$895.00K	USD	2 Qtrs
Payment of payroll taxes related to net settled restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$816.00K	USD	2 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$50.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-17.53M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.39M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-43.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$479.00K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.71M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.97M	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.32M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.84M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.81M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.61M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.84M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.81M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.61M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$5.62M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$4.90M	USD	2 Qtrs
Net cash paid for income taxes	`IncomeTaxesPaidNet`	$7.56M	USD	2 Qtrs
Net cash paid for income taxes	`IncomeTaxesPaidNet`	$3.74M	USD	2 Qtrs
Increase in accounts payable for capitalization of trademark costs and purchases of property, equipment and software	`IncreaseInAccountsPayableForCapitalizationOfTrademarkCostsAndPurchasesOfPropertyEquipmentAndSoftware`	$199.00K	USD	2 Qtrs
Increase in accounts payable for capitalization of trademark costs and purchases of property, equipment and software	`IncreaseInAccountsPayableForCapitalizationOfTrademarkCostsAndPurchasesOfPropertyEquipmentAndSoftware`	$259.00K	USD	2 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, Value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$49.13M	USD	Point-in-time
Beginning balance, Value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$60.54M	USD	Point-in-time
Net income	`ProfitLoss`	$15.54M	USD	1 Quarter
Net income	`ProfitLoss`	$14.59M	USD	1 Quarter
Net income	`ProfitLoss`	$23.76M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.93M	USD	2 Qtrs
Distributions to non-controlling unitholders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$7.82M	USD	2 Qtrs
Equity-based compensation and related dividend equivalents, value	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.32M	USD	2 Qtrs
Dividends to Class A common stockholders	`DividendsCommonStockCash`	$7.10M	USD	2 Qtrs
Dividends to Class A common stockholders	`DividendsCommonStockCash`	$6.37M	USD	2 Qtrs
Change in accumulated other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$440.00K	USD	2 Qtrs
Change in accumulated other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-167.00K	USD	2 Qtrs
Change in accumulated other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$351.00K	USD	1 Quarter
Change in accumulated other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-85.00K	USD	1 Quarter
Payroll taxes related to net settled restricted stock units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$895.00K	USD	2 Qtrs
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$311.00K	USD	2 Qtrs
Ending balance, Value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$49.13M	USD	Point-in-time
Ending balance, Value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$60.54M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$15.54M	USD	1 Quarter
Net income	`ProfitLoss`	$14.59M	USD	1 Quarter
Net income	`ProfitLoss`	$23.76M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.93M	USD	2 Qtrs
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$440.00K	USD	2 Qtrs
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-85.00K	USD	1 Quarter
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$351.00K	USD	1 Quarter
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-167.00K	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$440.00K	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-167.00K	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$351.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-85.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.37M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.59M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.89M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.51M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.18M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.06M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.28M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.91M	USD	1 Quarter
Comprehensive income attributable to RE/MAX Holdings, Inc., net of tax	`ComprehensiveIncomeNetOfTax`	$12.19M	USD	2 Qtrs
Comprehensive income attributable to RE/MAX Holdings, Inc., net of tax	`ComprehensiveIncomeNetOfTax`	$12.53M	USD	2 Qtrs
Comprehensive income attributable to RE/MAX Holdings, Inc., net of tax	`ComprehensiveIncomeNetOfTax`	$7.59M	USD	1 Quarter
Comprehensive income attributable to RE/MAX Holdings, Inc., net of tax	`ComprehensiveIncomeNetOfTax`	$7.61M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.