10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001193125-15-180041`
Period End Date	20150331
Filing Date	20150511
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	mmi-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 43 Cash Flow Statement 72 Stockholders Equity 12 Comprehensive Income 4

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$149.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.95M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$3.41M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$4.59M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Employee notes receivable	`DueFromEmployeesCurrent`	$216.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Employee notes receivable	`DueFromEmployeesCurrent`	$76.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.19M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.54M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.07M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	36.92M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$446.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.71M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$12.23M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.07M	shares	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$13.60M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	36.92M	shares	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$3.50M	USD	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$2.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$149.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$178.47M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$3.65M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$3.71M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$7.69M	USD	Point-in-time
Employee notes receivable	`DueFromEmployeesNoncurrent`	$162.00K	USD	Point-in-time
Employee notes receivable	`DueFromEmployeesNoncurrent`	$142.00K	USD	Point-in-time
Marketable securities, available for sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$25.33M	USD	Point-in-time
Marketable securities, available for sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$14.75M	USD	Point-in-time
Investments held in rabbi trust	`DeferredCompensationPlanAssets`	$5.63M	USD	Point-in-time
Investments held in rabbi trust	`DeferredCompensationPlanAssets`	$4.33M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$21.09M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$21.27M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.28M	USD	Point-in-time
Total assets	`Assets`	$217.33M	USD	Point-in-time
Total assets	`Assets`	$233.60M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$9.49M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.53M	USD	Point-in-time
Accounts payable and accrued expenses - related party, net	`DueToRelatedPartiesCurrent`	$273.00K	USD	Point-in-time
Accounts payable and accrued expenses - related party, net	`DueToRelatedPartiesCurrent`	$97.00K	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$894.00K	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$894.00K	USD	Point-in-time
Commissions payable	`AccruedSalesCommissionCurrent`	$17.64M	USD	Point-in-time
Commissions payable	`AccruedSalesCommissionCurrent`	$28.93M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.54M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$27.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$67.20M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$34.05M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$36.58M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$10.61M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$10.61M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.33M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$116.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$84.87M	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at March 31, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at March 31, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Common Stock $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 37,072,155 and 36,918,442 at March 31, 2015 and December 31, 2014, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common Stock $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 37,072,155 and 36,918,442 at March 31, 2015 and December 31, 2014, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$75.06M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$76.68M	USD	Point-in-time
Stock notes receivable from employees	`StockNotesReceivableFromEmployees`	$4.00K	USD	Point-in-time
Stock notes receivable from employees	`StockNotesReceivableFromEmployees`	$4.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$41.59M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$55.26M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$159.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$520.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$116.81M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$132.46M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$217.33M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$233.60M	USD	Point-in-time

Income Statement 43 line items

Line Item	Tag	Value	Unit	Period
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$134.19M	USD	1 Quarter
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$104.75M	USD	1 Quarter
Financing fees	`FinancingFeesRevenue`	$6.10M	USD	1 Quarter
Financing fees	`FinancingFeesRevenue`	$8.03M	USD	1 Quarter
Other revenues	`FeesAndCommissionsOther`	$4.32M	USD	1 Quarter
Other revenues	`FeesAndCommissionsOther`	$3.74M	USD	1 Quarter
Total revenues	`Revenues`	$146.54M	USD	1 Quarter
Total revenues	`Revenues`	$114.59M	USD	1 Quarter
Cost of services	`CostOfServices`	$68.40M	USD	1 Quarter
Cost of services	`CostOfServices`	$86.16M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$35.83M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$33.36M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$775.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$780.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$122.77M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$102.53M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$23.77M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$12.06M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-61.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$125.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$404.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$583.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.32M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.60M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.65M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.78M	USD	1 Quarter
Unrealized gain on marketable securities, net of tax of $126 and $0 for the three months ended March 31, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$188.00K	USD	1 Quarter
Foreign currency translation gain, net of tax of $117 and $30 for the three months ended March 31, 2015 and 2014, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$42.00K	USD	1 Quarter
Foreign currency translation gain, net of tax of $117 and $30 for the three months ended March 31, 2015 and 2014, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$173.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$361.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$42.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.03M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.82M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.85M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.03M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.15M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.91M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$13.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.78M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$775.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$780.00K	USD	1 Quarter
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$21.00K	USD	1 Quarter
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$11.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$717.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.91M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.31M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.31M	USD	1 Quarter
Net realized gains on marketable securities, available for sale	`MarketableSecuritiesRealizedGainLoss`	$74.00K	USD	1 Quarter
Tax benefit from stock-based award activity	`TaxBenefitFromStockBasedAwardActivity`	$4.74M	USD	1 Quarter
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$4.74M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-79.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-280.00K	USD	1 Quarter
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.18M	USD	1 Quarter
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-942.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-784.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.35M	USD	1 Quarter
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$68.00K	USD	1 Quarter
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$-598.00K	USD	1 Quarter
Investments held in rabbi trust	`IncreaseDecreaseInvestmentsInTrustAccount`	$12.00K	USD	1 Quarter
Investments held in rabbi trust	`IncreaseDecreaseInvestmentsInTrustAccount`	$1.24M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.69M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$122.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$850.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.07M	USD	1 Quarter
Accounts payable and accrued expenses - related party, net	`IncreaseDecreaseInDueToRelatedParties`	$176.00K	USD	1 Quarter
Accounts payable and accrued expenses - related party, net	`IncreaseDecreaseInDueToRelatedParties`	$-73.00K	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$3.04M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$3.16M	USD	1 Quarter
Commissions payable	`CommissionPayableIncreaseDecrease`	$-13.73M	USD	1 Quarter
Commissions payable	`CommissionPayableIncreaseDecrease`	$-11.29M	USD	1 Quarter
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.49M	USD	1 Quarter
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-19.04M	USD	1 Quarter
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-3.24M	USD	1 Quarter
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-2.62M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-68.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-328.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-17.99M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-17.08M	USD	1 Quarter
Purchases of marketable securities, available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$13.85M	USD	1 Quarter
Proceeds from sale of marketable securities, available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$3.72M	USD	1 Quarter
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$56.00K	USD	1 Quarter
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$48.00K	USD	1 Quarter
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$48.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$575.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$954.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-11.13M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-567.00K	USD	1 Quarter
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$716.00K	USD	1 Quarter
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.74M	USD	1 Quarter
Payments on obligations under capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	$11.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-11.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$4.02M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-25.10M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.65M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$100.95M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$124.06M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$149.16M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$83.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$124.06M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.95M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$149.16M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$83.30M	USD	Point-in-time
Interest paid during the period	`InterestPaid`	$15.00K	USD	1 Quarter
Interest paid during the period	`InterestPaid`	$1.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$6.69M	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$6.65M	USD	1 Quarter
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$208.00K	USD	1 Quarter
Net change in accounts payable and accrued expenses related to property and equipment additions	`CapitalExpendituresIncurredButNotYetPaid`	$191.00K	USD	1 Quarter
Net change in accounts payable and accrued expenses related to property and equipment additions	`CapitalExpendituresIncurredButNotYetPaid`	$198.00K	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$116.81M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$132.46M	USD	Point-in-time
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.03M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.82M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$1.91M	USD	1 Quarter
Stock-based compensation, Shares	`StockIssuedDuringPeriodSharesShareBasedCompensation`	0.00	shares	1 Quarter
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	1 Quarter
Shares withheld related to net share settlement of restricted stock units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$716.00K	USD	1 Quarter
Tax benefit from stock-based award activity	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$4.30M	USD	Annual
Tax benefit from stock-based award activity	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$430.00K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$116.81M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$132.46M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Unrealized gain on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$126.00K	USD	1 Quarter
Unrealized gain on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Foreign currency translation gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$30.00K	USD	1 Quarter
Foreign currency translation gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$117.00K	USD	1 Quarter

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