Re/max holdings, inc. (RMAX)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Revenue:
Total revenue

282,293

212,626

193,714

175,642

176,868

170,984

158,862

143,677

138,302

Operating expenses:
Selling, operating and administrative expenses

118,890

120,179

106,946

88,037

91,561

91,847

96,243

84,337

85,291

Marketing Funds expenses

72,299

0

0

-

-

-

-

-

-

Depreciation and amortization

22,323

20,678

20,512

16,094

15,124

15,316

15,166

12,090

14,473

Loss on sale or disposition of assets, net

-342

-63

-660

-178

3,397

14

-373

-1,704

-67

Gain on reduction in tax receivable agreement liability (note 4)

0

6,145

32,736

-

-

-

-

-

-

Total operating expenses

213,854

134,775

95,382

104,309

103,288

107,149

111,782

98,131

99,831

Operating income

68,439

77,851

98,332

71,333

73,580

63,835

47,080

45,546

38,471

Other expenses, net:
Interest expense

12,229

12,051

9,996

8,596

10,413

9,295

14,647

11,686

12,203

Interest income

1,446

676

352

160

178

313

321

286

372

Foreign currency transaction gains (losses)

109

-312

174

-86

-1,661

-1,348

-764

208

-266

Loss on early extinguishment of debt

-

-

-

-796

-94

-178

-1,798

-136

-384

Equity in earnings of investees

-

-

-

-

1,215

600

904

1,244

431

Total other expenses, net

-10,674

-11,687

-9,470

-9,318

-10,775

-9,908

-15,984

-10,084

-12,050

Income before provision for income taxes

57,765

66,164

88,862

62,015

62,805

53,927

31,096

35,462

26,421

Provision for income taxes

10,909

16,342

57,542

15,167

12,030

9,948

2,844

2,138

2,172

Net income

46,856

49,822

31,320

46,848

50,775

43,979

28,252

33,324

24,249

Less: net income attributable to non-controlling interest (note 3)

21,816

22,939

21,221

24,627

34,363

30,543

26,746

33,324

24,249

Net income attributable to RE/MAX Holdings, Inc.

25,040

26,883

10,099

22,221

16,412

13,436

1,506

-

-

Net income

46,856

49,822

31,320

46,848

50,775

-

-

-

24,249

Change in cumulative translation adjustment

-

-

-

-

-

-

-

-

-156

Reclassification of translation adjustment to loss on sale of assets

-

-

-

-

-

-

-

-

107

Other comprehensive (loss) income

-

-

-

-

-

-

-

-

-263

Comprehensive income

-

-

-

-

-

-

-

-

23,986

Less: comprehensive income attributable to non-controlling interest

-

-

-

-

-

-

-

-

23,986

Net income attributable to RE/MAX Holdings, Inc. per share of Class A common stock
Basic

-

-

-

1.26

1.30

1.16

0.13

-

-

Diluted

-

-

-

1.26

1.28

1.10

0.12

-

-

Weighted average shares of Class A common stock outstanding
Basic

-

-

-

17,628

12,671

11,611

11,607

-

-

Diluted

-

-

-

17,677

12,829

12,241

12,234

-

-

Cash dividends declared per share of Class A common stock

-

-

-

0.60

2.00

0.25

-

-

-

Continuing franchise fees
Total revenue

99,928

101,104

93,694

81,197

73,750

72,706

64,465

56,350

57,200

Annual dues
Total revenue

35,409

35,894

33,767

32,653

31,758

30,726

29,524

28,909

28,922

Broker fees
Total revenue

45,990

46,871

43,801

37,209

32,334

28,685

24,811

19,579

16,764

Marketing Funds fees
Total revenue

72,299

0

0

112

13,558

15,427

16,488

16,210

16,062

Franchise sales and other revenue
Total revenue

28,667

28,757

22,452

24,471

25,468

23,440

23,574

22,629

19,354

Common Class A
Net income attributable to RE/MAX Holdings, Inc.

-

-

-

22,221

-

-

-

-

-

Basic

1.41

1.52

0.57

1.26

-

-

-

-

-

Diluted

1.40

1.51

0.57

1.26

-

-

-

-

-

Basic

17,812

17,737

17,688

17,628

-

-

-

-

-

Diluted

17,867

17,767

17,731

17,677

-

-

-

-

-

Cash dividends declared per share of Class A common stock

0.84

0.80

0.72

0.60

-

-

-

-

-