Re/max holdings, inc. (RMAX)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Dec'12
Assets
Current assets:
Cash and cash equivalents

80,905

83,001

87,763

72,486

64,771

59,974

51,263

39,839

30,103

50,807

83,936

70,317

64,638

57,609

101,981

97,574

95,673

110,212

95,370

80,276

114,546

107,199

98,128

84,620

97,169

88,375

0

68,501

Restricted cash

24,195

20,600

19,118

23,627

33,227

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Escrow cash - restricted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78

95

75

693

731

1,003

849

710

-

780

Accounts and notes receivable, current portion, less allowances of $14,879 and $12,538, respectively

27,289

28,644

30,722

32,206

29,080

21,185

21,566

23,527

21,121

20,284

19,002

20,580

20,406

19,419

17,662

19,276

17,173

16,769

17,948

19,455

18,259

16,641

17,645

19,228

17,607

15,980

-

15,034

Accounts receivable from affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

-

-

231

-

-

15

5

-

55

Income taxes receivable

1,576

896

1,508

1,669

1,188

533

760

1,731

753

963

1,747

2,193

-

-

672

-

-

-

321

1,340

1,214

765

1,187

1,194

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

354

-

-

1,179

-

-

-

-

-

-

-

Other current assets

10,810

9,638

12,165

8,474

7,471

5,855

5,265

5,207

4,775

7,974

5,357

2,972

2,968

4,186

3,627

3,117

2,831

4,079

4,424

3,839

3,674

5,237

3,715

3,244

3,767

5,010

-

2,707

Total current assets

144,775

142,779

151,276

138,462

135,737

87,547

78,854

70,304

56,752

80,028

110,042

96,062

88,012

81,214

123,942

120,948

115,677

131,414

118,167

105,005

138,947

130,766

121,406

109,289

119,407

110,080

-

87,077

Property and equipment, net of accumulated depreciation of $15,402 and $14,940, respectively

5,724

5,444

5,462

5,643

5,654

4,390

3,626

3,786

3,040

2,905

2,993

2,987

2,745

2,691

2,530

2,592

2,691

2,395

2,561

2,645

2,788

2,661

2,628

2,585

2,595

2,583

-

3,332

Operating lease right of use assets

49,949

51,129

52,258

53,363

54,429

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Franchise agreements, net

83,801

87,670

91,538

95,407

99,282

103,157

107,032

110,907

114,782

119,349

99,634

99,036

103,780

109,140

57,059

-

-

61,939

-

-

72,114

-

78,897

82,288

85,680

89,071

-

-

Other intangible assets, net

29,554

32,315

24,946

23,478

21,836

22,965

21,911

15,747

16,106

8,476

9,207

9,332

9,496

9,811

9,321

-

-

4,941

-

-

2,859

-

1,976

2,244

2,355

2,486

-

-

Goodwill

161,698

159,038

150,776

150,812

150,749

150,684

150,859

154,415

154,196

135,213

123,013

127,081

126,660

126,633

87,731

75,977

75,004

71,871

71,976

72,247

72,169

72,463

72,616

72,793

72,650

72,781

-

71,039

Deferred tax assets, net

49,251

52,595

-

-

-

53,852

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes receivable, net of current portion

1,690

1,690

-

-

-

1,379

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets, net

-

-

49,971

50,997

52,494

-

59,449

60,790

62,338

62,841

101,649

102,933

104,565

105,770

105,682

106,356

108,065

109,365

64,729

65,382

66,392

66,903

66,387

66,564

67,389

67,791

-

-

Investments in equity method investees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,852

3,878

3,698

3,693

3,750

3,611

3,426

3,642

-

3,900

Debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,604

1,681

1,756

1,896

1,974

2,051

2,277

2,353

-

2,930

Other assets, net of current portion

11,220

9,692

5,506

5,687

5,755

4,399

4,347

4,408

4,063

4,023

1,548

1,729

1,817

1,894

2,062

2,139

2,213

1,861

1,932

2,068

1,779

1,715

1,952

1,941

1,948

2,036

-

1,979

Total assets

537,662

542,352

531,733

523,849

525,936

428,373

426,078

420,357

411,277

412,835

448,086

439,160

437,075

437,153

388,327

374,847

372,835

383,786

334,385

325,078

362,502

358,327

351,586

343,366

357,727

352,823

0

251,416

Liabilities and stockholders' equity
Current liabilities:
Accounts payable

6,466

2,983

3,428

3,673

3,027

1,890

783

475

1,036

517

449

344

1,097

855

393

595

608

449

421

192

1,052

561

849

996

1,924

731

-

530

Accounts payable to affiliates

-

-

-

-

-

-

-

-

-

-

83

14

204

145

35

20

130

66

1,172

1,199

1,186

1,114

1,089

1,059

1,055

1,017

-

2,385

Escrow liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78

95

75

693

731

1,003

849

710

-

780

Accrued liabilities

52,343

60,163

51,129

48,937

55,712

13,143

12,440

10,625

10,954

15,390

15,302

8,034

7,993

13,268

10,593

9,392

10,960

16,082

10,765

9,611

8,218

9,380

7,931

7,501

7,729

9,344

-

9,397

Income taxes payable

7,918

6,854

143

11

0

208

105

42

-

97

401

52

1,159

379

138

97

1,304

451

-

-

-

-

-

-

-

-

-

-

Tax and other distributions payable to non-controlling unitholders

-

-

-

-

-

-

-

-

1,691

-

-

-

3,568

-

-

-

3,003

-

150

112

92

189

215

162

5,412

3,000

-

400

Deferred revenue

25,473

25,663

24,996

25,571

25,228

25,489

25,310

25,906

24,848

25,268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends and other distributions payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,213

-

-

-

1,834

-

-

-

Deferred revenue and deposits

-

-

-

-

-

-

-

-

-

-

17,470

18,003

17,757

16,306

17,041

17,467

16,983

16,501

18,294

18,900

18,401

17,142

17,159

17,483

16,348

15,821

-

15,996

Current portion of debt

2,628

2,648

2,645

2,637

2,629

2,622

2,665

2,715

2,350

2,350

2,350

2,350

2,350

2,350

11,789

10,765

14,332

14,805

13,362

12,381

12,725

9,460

8,568

10,877

16,927

17,300

-

10,600

Current portion of payable pursuant to tax receivable agreements

3,583

3,583

3,578

3,578

3,567

3,567

4,479

6,299

6,252

6,252

6,135

11,390

11,331

13,235

7,225

7,158

7,148

8,478

3,914

3,914

3,914

3,914

902

902

902

902

-

-

Operating lease liabilities

5,232

5,102

4,957

4,829

4,680

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

351

-

-

1,743

-

-

-

-

-

-

-

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

28

50

71

338

343

340

211

206

207

205

206

-

234

Total current liabilities

103,643

106,996

90,876

89,236

94,843

46,919

45,782

46,062

47,131

49,874

42,190

40,187

45,459

46,538

47,222

45,522

54,518

57,254

48,494

46,747

97,959

42,664

37,650

40,190

53,185

49,031

-

40,322

Debt, net of current portion

222,522

223,033

223,556

224,090

224,632

225,165

225,770

226,401

226,176

226,636

227,094

227,551

228,010

228,470

174,819

176,218

173,029

185,552

189,003

190,466

190,605

202,213

203,629

201,844

210,915

211,104

-

221,726

Payable pursuant to tax receivable agreements, net of current portion

33,140

33,640

34,355

34,355

37,220

37,220

43,710

46,923

46,923

46,923

85,850

85,574

85,574

85,574

91,557

91,557

91,557

91,557

63,504

63,504

63,504

63,504

67,938

67,938

67,938

67,938

-

-

Deferred tax liabilities, net

542

293

328

313

294

400

112

155

150

151

151

143

136

133

134

134

131

120

173

184

178

190

197

203

194

195

-

309

Income taxes payable, net of current portion

-

-

-

-

-

5,794

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, net of current portion

18,495

18,763

18,851

19,121

19,716

20,224

19,939

20,267

20,902

20,228

-

-

-

-

-

-

-

-

-

-

-

-

117

117

117

-

-

514

Operating lease liabilities, net of current portion

54,598

55,959

57,280

58,578

59,849

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities, net of current portion

4,644

5,292

6,077

6,231

5,756

17,637

18,607

20,013

18,887

19,897

20,064

15,741

15,942

15,729

15,913

9,779

9,957

9,889

10,431

10,392

10,458

10,473

8,945

8,914

8,785

9,016

-

6,914

Total liabilities

437,584

443,976

431,323

431,924

442,310

353,359

353,920

359,821

360,169

363,709

375,349

369,196

375,121

376,444

329,645

323,210

329,192

344,372

311,605

311,293

362,704

319,044

318,476

319,206

341,134

337,284

-

269,785

Commitments and contingencies (note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

-

0

0

0

0

-

0

Stockholders' equity:
Additional paid-in capital

470,639

466,945

462,245

463,055

462,601

460,101

457,026

454,045

451,903

451,199

450,317

447,478

447,113

448,713

446,757

446,256

445,970

445,081

247,303

246,923

244,078

241,882

239,033

238,725

239,344

239,086

0

-

Retained earnings

28,881

30,525

31,992

26,595

21,765

20,559

18,412

13,822

9,788

8,400

22,675

22,828

18,536

16,005

15,529

11,265

6,951

4,693

2,061

-1,183

-4,591

12,041

10,396

6,845

3,189

1,506

-

-

Accumulated other comprehensive income, net of tax

378

414

379

397

364

328

419

362

416

459

439

188

16

-28

89

158

158

-105

-45

127

353

886

1,135

1,380

1,194

1,371

-

1,747

Total stockholders' equity attributable to RE/MAX Holdings, Inc.

499,900

497,886

494,618

490,049

484,732

480,990

475,859

468,231

462,109

460,060

473,433

470,496

465,667

464,692

462,377

457,681

453,081

449,671

249,320

245,868

239,841

254,810

250,565

246,951

243,728

241,964

0

-96,769

Non-controlling interest

-399,822

-399,510

-394,208

-398,124

-401,106

-405,976

-403,701

-407,695

-411,001

-410,934

-400,696

-400,532

-403,713

-403,983

-403,695

-406,044

-409,438

-410,257

-226,540

-232,083

-240,043

-215,527

-217,455

-222,791

-227,135

-226,425

-

-

Total stockholders' equity

100,078

98,376

100,410

91,925

83,626

75,014

72,158

60,536

51,108

49,126

72,737

69,964

61,954

60,709

58,682

51,637

43,643

39,414

22,780

13,785

-202

39,283

33,110

24,160

16,593

15,539

-154,884

-96,769

Total liabilities and stockholders' equity

537,662

542,352

531,733

523,849

525,936

428,373

426,078

420,357

411,277

412,835

448,086

439,160

437,075

437,153

388,327

374,847

372,835

383,786

334,385

325,078

362,502

358,327

351,586

343,366

357,727

352,823

-

251,416

RMCO
Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

73,482

-

Escrow cash—restricted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

912

-

Accounts and notes receivable, current portion, less allowances of $4,219 and $3,913, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,385

-

Accounts receivable from affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

116

-

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,733

-

Total current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

93,628

-

Property and equipment, net of accumulated depreciation of $20,996 and $20,426, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,528

-

Franchise agreements, net of accumulated amortization of $72,395 and $61,489, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69,439

-

Other intangible assets, net of accumulated amortization of $7,586 and $7,053, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,511

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70,902

-

Investments in equity method investees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,710

-

Debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,424

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,820

-

Total assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

251,962

-

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

840

-

Accounts payable to affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,397

-

Escrow liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

912

-

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,188

-

Income taxes and tax distribution payables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,266

-

Deferred revenue and deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,524

-

Current portion of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,300

-

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

116

-

Total current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54,543

-

Total stockholder’s equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-154,884

-

Debt, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

211,657

-

Deferred revenue, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

292

-

Other liabilities, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,004

-

Total liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

274,496

-

Accumulated other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,563

-

Total liabilities, redeemable preferred units and members’ deficit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

251,962

-

Common Class A
Common stock

2

2

2

2

2

2

2

2

2

2

2

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

-

-

2

2

2

-

2

2

2

-

2

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class B
Common stock

0

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-