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Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:      
Total revenue $ 325,671 $ 353,386 $ 329,701
Operating expenses:      
Selling, operating and administrative expenses 171,548 173,980 179,491
Marketing Funds expenses 83,861 90,319 82,391
Depreciation and amortization 32,414 35,769 31,333
Settlement and impairment charges 73,783 15,808 46,035
Gain on reduction in tax receivable agreement liability (25,298) (702) 382
Total operating expenses 336,308 315,174 339,632
Operating income (loss) (10,637) 38,212 (9,931)
Other expenses, net:      
Interest expense (35,741) (20,903) (11,344)
Interest income 4,420 1,460 217
Foreign currency transaction gains (losses) 419 (641) (839)
Loss on early extinguishment of debt     (264)
Total other expenses, net (30,902) (20,084) (12,230)
Income (loss) before provision for income taxes (41,539) 18,128 (22,161)
Provision for income taxes (56,947) (7,371) (2,459)
Net income (loss) (98,486) 10,757 (24,620)
Less: net income (loss) attributable to non-controlling interest (29,464) 4,647 (9,004)
Net income (loss) attributable to RE/MAX Holdings, Inc. $ (69,022) $ 6,110 $ (15,616)
Common Class A      
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock      
Basic $ (3.81) $ 0.33 $ (0.84)
Diluted $ (3.81) $ 0.32 $ (0.84)
Weighted average shares of Class A common stock outstanding      
Basic 18,111,409 18,678,774 18,690,442
Diluted 18,111,409 18,844,696 18,690,442
Cash dividends declared per share of Class A common stock $ 0.69 $ 0.92 $ 0.92
Continuing franchise fees      
Revenue:      
Total revenue $ 127,384 $ 133,389 $ 118,504
Annual dues      
Revenue:      
Total revenue 33,904 35,676 35,549
Broker fees      
Revenue:      
Total revenue 51,012 62,939 65,456
Marketing Funds fees      
Revenue:      
Total revenue 83,861 90,319 82,391
Franchise sales and other revenue      
Revenue:      
Total revenue $ 29,510 $ 31,063 $ 27,801