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10-K Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 FY 2015
Filing Information
Form Type 10-K
Accession Number 0001193125-16-504193
Period End Date 20151231
Filing Date 20160315
Fiscal Year 2015
Fiscal Period FY
XBRL Instance mmi-20151231.xml
Balance Sheet 84 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
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $100.95M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $96.19M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $149.16M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.11M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Commissions receivable CommissionsReceivableCurrent $3.41M USD Point-in-time
Commissions receivable CommissionsReceivableCurrent $3.34M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Prepaid expenses PrepaidExpenseCurrent $7.54M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $7.54M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 150.00M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $4.05M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 150.00M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $1.71M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 37.40M shares Point-in-time
Marketable securities, available-for-sale AvailableForSaleSecuritiesDebtSecuritiesCurrent $79.86M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 36.92M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 36.92M shares Point-in-time
Other assets, net OtherAssetsCurrent $5.14M USD Point-in-time
Other assets, net OtherAssetsCurrent $3.06M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 37.40M shares Point-in-time
Total current assets AssetsCurrent $164.87M USD Point-in-time
Total current assets AssetsCurrent $196.11M USD Point-in-time
Prepaid rent PrepaidRent $3.65M USD Point-in-time
Prepaid rent PrepaidRent $9.07M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $11.58M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $7.69M USD Point-in-time
Marketable securities, available-for-sale AvailableForSaleSecuritiesDebtSecuritiesNoncurrent $54.40M USD Point-in-time
Marketable securities, available-for-sale AvailableForSaleSecuritiesDebtSecuritiesNoncurrent $14.75M USD Point-in-time
Assets held in rabbi trust DeferredCompensationPlanAssets $4.33M USD Point-in-time
Assets held in rabbi trust DeferredCompensationPlanAssets $5.66M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsNetNoncurrent $35.28M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsNetNoncurrent $34.87M USD Point-in-time
Other assets OtherAssetsNoncurrent $3.44M USD Point-in-time
Other assets OtherAssetsNoncurrent $9.12M USD Point-in-time
Total assets Assets $321.23M USD Point-in-time
Total assets Assets $233.60M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $9.59M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $9.13M USD Point-in-time
Notes payable to former stockholders OtherNotesPayableCurrent $894.00K USD Point-in-time
Notes payable to former stockholders OtherNotesPayableCurrent $939.00K USD Point-in-time
Commissions payable AccruedSalesCommissionCurrent $28.93M USD Point-in-time
Commissions payable AccruedSalesCommissionCurrent $34.09M USD Point-in-time
Accrued bonuses and other employee related expenses EmployeeRelatedLiabilitiesCurrent $30.85M USD Point-in-time
Accrued bonuses and other employee related expenses EmployeeRelatedLiabilitiesCurrent $27.79M USD Point-in-time
Total current liabilities LiabilitiesCurrent $67.20M USD Point-in-time
Total current liabilities LiabilitiesCurrent $75.01M USD Point-in-time
Deferred compensation and commissions DeferredCompensationAndCommissionsNonCurrent $36.58M USD Point-in-time
Deferred compensation and commissions DeferredCompensationAndCommissionsNonCurrent $43.68M USD Point-in-time
Notes payable to former stockholders OtherLongTermNotesPayable $10.61M USD Point-in-time
Notes payable to former stockholders OtherLongTermNotesPayable $9.67M USD Point-in-time
Deferred rent and other liabilities DeferredRentCreditNoncurrentAndOtherNoncurrentObligations $3.88M USD Point-in-time
Deferred rent and other liabilities DeferredRentCreditNoncurrentAndOtherNoncurrentObligations $2.40M USD Point-in-time
Total liabilities Liabilities $116.80M USD Point-in-time
Total liabilities Liabilities $132.24M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at December 31, 2015 and 2014, respectively PreferredStockValue - USD Point-in-time
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at December 31, 2015 and 2014, respectively PreferredStockValue - USD Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 37,396,456 and 36,918,442 at December 31, 2015 and 2014, respectively CommonStockValue $4.00K USD Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 37,396,456 and 36,918,442 at December 31, 2015 and 2014, respectively CommonStockValue $4.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $80.59M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $75.06M 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 $107.94M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $41.59M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $457.00K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $159.00K USD Point-in-time
Total stockholders' equity StockholdersEquity $188.99M USD Point-in-time
Total stockholders' equity StockholdersEquity $52.97M USD Point-in-time
Total stockholders' equity StockholdersEquity $62.50M USD Point-in-time
Total stockholders' equity StockholdersEquity $21.63M USD Point-in-time
Total stockholders' equity StockholdersEquity $116.81M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $321.23M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $233.60M USD Point-in-time
Income Statement 134 line items
Line Item Tag Value Unit Period
Real estate brokerage commissions RealEstateBrokerageCommissions $393.20M USD Annual
Real estate brokerage commissions RealEstateBrokerageCommissions $524.95M USD Annual
Real estate brokerage commissions RealEstateBrokerageCommissions $632.57M USD Annual
Financing fees FinancingFeesRevenue $33.88M USD Annual
Financing fees FinancingFeesRevenue $25.92M USD Annual
Financing fees FinancingFeesRevenue $42.56M USD Annual
Other revenues FeesAndCommissionsOther $13.92M USD Annual
Other revenues FeesAndCommissionsOther $16.77M USD Annual
Other revenues FeesAndCommissionsOther $13.36M USD Annual
Total revenues Revenues $172.44M USD 1 Quarter
Total revenues Revenues $435.89M USD Annual
Total revenues Revenues $114.59M USD 1 Quarter
Total revenues Revenues $146.54M USD 1 Quarter
Total revenues Revenues $203.16M USD 1 Quarter
Total revenues Revenues $134.26M USD 1 Quarter
Total revenues Revenues $173.48M USD 1 Quarter
Total revenues Revenues $572.19M USD Annual
Total revenues Revenues $150.89M USD 1 Quarter
Total revenues Revenues $165.88M USD 1 Quarter
Total revenues Revenues $689.05M USD Annual
Cost of services CostOfServices $423.39M USD Annual
Cost of services CostOfServices $129.66M USD 1 Quarter
Cost of services CostOfServices $350.10M USD Annual
Cost of services CostOfServices $102.01M USD 1 Quarter
Cost of services CostOfServices $92.27M USD 1 Quarter
Cost of services CostOfServices $68.40M USD 1 Quarter
Cost of services CostOfServices $86.16M USD 1 Quarter
Cost of services CostOfServices $264.64M USD Annual
Cost of services CostOfServices $105.56M USD 1 Quarter
Cost of services CostOfServices $109.84M USD 1 Quarter
Cost of services CostOfServices $79.60M USD 1 Quarter
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $147.71M USD Annual
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $115.66M USD Annual
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $134.27M USD Annual
Depreciation and amortization expense DepreciationAndAmortization $3.21M USD Annual
Depreciation and amortization expense DepreciationAndAmortization $3.31M USD Annual
Depreciation and amortization expense DepreciationAndAmortization $3.04M USD Annual
Stock-based and other compensation in connection with initial public offering StockbasedAndOtherCompensationInConnectionWithInitialPublicOffering $31.27M USD Annual
Total operating expenses OperatingExpenses $487.58M USD Annual
Total operating expenses OperatingExpenses $574.40M USD Annual
Total operating expenses OperatingExpenses $414.61M USD Annual
Operating income OperatingIncomeLoss $12.06M USD 1 Quarter
Operating income OperatingIncomeLoss $27.42M USD 1 Quarter
Operating income OperatingIncomeLoss $23.77M USD 1 Quarter
Operating income OperatingIncomeLoss $21.73M USD 1 Quarter
Operating income OperatingIncomeLoss $23.72M USD 1 Quarter
Operating income OperatingIncomeLoss $114.65M USD Annual
Operating income OperatingIncomeLoss $21.29M USD Annual
Operating income OperatingIncomeLoss $33.93M USD 1 Quarter
Operating income OperatingIncomeLoss $29.53M USD 1 Quarter
Operating income OperatingIncomeLoss $27.10M USD 1 Quarter
Operating income OperatingIncomeLoss $84.61M USD Annual
Other income (expense), net NonoperatingIncomeExpense $28.00K USD Annual
Other income (expense), net NonoperatingIncomeExpense $443.00K USD Annual
Other income (expense), net NonoperatingIncomeExpense $760.00K USD Annual
Interest expense InterestExpense $105.00K USD Annual
Interest expense InterestExpense $1.73M USD Annual
Interest expense InterestExpense $1.65M USD Annual
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $21.94M USD Annual
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $82.98M USD Annual
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $113.37M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $47.02M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $33.45M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $13.73M USD Annual
Net income NetIncomeLoss $6.78M USD 1 Quarter
Net income NetIncomeLoss $13.67M USD 1 Quarter
Net income NetIncomeLoss $9.25M USD 1 Quarter
Net income NetIncomeLoss $15.18M USD 1 Quarter
Net income NetIncomeLoss $49.53M USD Annual
Net income NetIncomeLoss $17.56M USD 1 Quarter
Net income NetIncomeLoss $13.52M USD 1 Quarter
Net income NetIncomeLoss $8.21M USD Annual
Net income NetIncomeLoss $12.80M USD 1 Quarter
Net income NetIncomeLoss $66.35M USD Annual
Net income NetIncomeLoss $16.43M USD 1 Quarter
Net income NetIncomeLoss $19.95M USD 1 Quarter
Unrealized (loss) gain on marketable securities, net of tax of $(394), $16 and $0 for the years ended December 31, 2015, 2014 and 2013, respectively OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $24.00K USD Annual
Unrealized (loss) gain on marketable securities, net of tax of $(394), $16 and $0 for the years ended December 31, 2015, 2014 and 2013, respectively OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-592.00K USD Annual
Foreign currency translation (loss) gain, net of tax of $(90), $90 and $0 for the years ended December 31, 2015, 2014 and 2013, respectively OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $135.00K USD Annual
Foreign currency translation (loss) gain, net of tax of $(90), $90 and $0 for the years ended December 31, 2015, 2014 and 2013, respectively OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $890.00K USD Annual
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $159.00K USD Annual
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $298.00K USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $66.65M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $8.21M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $49.69M USD Annual
Net income NetIncomeLoss $15.18M USD 1 Quarter
Net income NetIncomeLoss $49.53M USD Annual
Net income NetIncomeLoss $13.67M USD 1 Quarter
Net income NetIncomeLoss $6.78M USD 1 Quarter
Net income NetIncomeLoss $9.25M USD 1 Quarter
Net income NetIncomeLoss $17.56M USD 1 Quarter
Net income NetIncomeLoss $8.21M USD Annual
Net income NetIncomeLoss $12.80M USD 1 Quarter
Net income NetIncomeLoss $13.52M USD 1 Quarter
Net income NetIncomeLoss $16.43M USD 1 Quarter
Net income NetIncomeLoss $19.95M USD 1 Quarter
Net income NetIncomeLoss $66.35M USD Annual
Less: Net loss attributable to Marcus & Millichap Real Estate Investment Services, Inc. prior to initial public offering on October 31, 2013 NetLossPriorToInitialPublicOffering $1.04M USD Annual
Less: Net loss attributable to Marcus & Millichap Real Estate Investment Services, Inc. prior to initial public offering on October 31, 2013 NetLossPriorToInitialPublicOffering $1.04M USD 3 Qtrs
Net income attributable to Marcus & Millichap, Inc. subsequent to initial public offering NetIncomeSubsequentToInitialPublicOffering $49.53M USD Annual
Net income attributable to Marcus & Millichap, Inc. subsequent to initial public offering NetIncomeSubsequentToInitialPublicOffering $66.35M USD Annual
Net income attributable to Marcus & Millichap, Inc. subsequent to initial public offering NetIncomeSubsequentToInitialPublicOffering $9.25M USD Annual
Basic EarningsPerShareBasic $0.24 USD Annual
Basic EarningsPerShareBasic $0.45 USD 1 Quarter
Basic EarningsPerShareBasic $0.35 USD 1 Quarter
Basic EarningsPerShareBasic $0.33 USD 1 Quarter
Basic EarningsPerShareBasic $0.24 USD 1 Quarter
Basic EarningsPerShareBasic $1.27 USD Annual
Basic EarningsPerShareBasic $0.51 USD 1 Quarter
Basic EarningsPerShareBasic $0.42 USD 1 Quarter
Basic EarningsPerShareBasic $0.39 USD 1 Quarter
Basic EarningsPerShareBasic $0.17 USD 1 Quarter
Basic EarningsPerShareBasic $1.71 USD Annual
Basic EarningsPerShareBasic $0.35 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.69 USD Annual
Diluted EarningsPerShareDiluted $0.17 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.45 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.35 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.39 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.27 USD Annual
Diluted EarningsPerShareDiluted $0.24 USD Annual
Diluted EarningsPerShareDiluted $0.51 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.33 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.35 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.24 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.42 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 38.79M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 38.85M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 38.79M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 38.85M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 38.98M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 38.81M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 39.16M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 38.81M shares 1 Quarter
Cash Flow Statement 129 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $19.95M USD 1 Quarter
Net income NetIncomeLoss $16.43M USD 1 Quarter
Net income NetIncomeLoss $13.52M USD 1 Quarter
Net income NetIncomeLoss $12.80M USD 1 Quarter
Net income NetIncomeLoss $8.21M USD Annual
Net income NetIncomeLoss $66.35M USD Annual
Net income NetIncomeLoss $17.56M USD 1 Quarter
Net income NetIncomeLoss $9.25M USD 1 Quarter
Net income NetIncomeLoss $6.78M USD 1 Quarter
Net income NetIncomeLoss $13.67M USD 1 Quarter
Net income NetIncomeLoss $49.53M USD Annual
Net income NetIncomeLoss $15.18M USD 1 Quarter
Depreciation and amortization expense DepreciationAndAmortization $3.31M USD Annual
Depreciation and amortization expense DepreciationAndAmortization $3.04M USD Annual
Depreciation and amortization expense DepreciationAndAmortization $3.21M USD Annual
Provision for bad debt expense ProvisionForDoubtfulAccounts $29.00K USD Annual
Provision for bad debt expense ProvisionForDoubtfulAccounts $281.00K USD Annual
Provision for bad debt expense ProvisionForDoubtfulAccounts $207.00K USD Annual
Stock-based compensation ShareBasedCompensation $33.82M USD Annual
Stock-based compensation ShareBasedCompensation $5.03M USD Annual
Stock-based compensation ShareBasedCompensation $7.11M USD Annual
Deferred taxes, net DeferredIncomeTaxExpenseBenefit $-9.28M USD Annual
Deferred taxes, net DeferredIncomeTaxExpenseBenefit $65.00K USD Annual
Deferred taxes, net DeferredIncomeTaxExpenseBenefit $877.00K USD Annual
Net realized gains on marketable securities, available-for-sale MarketableSecuritiesRealizedGainLoss $132.00K USD Annual
Tax benefit from stock-based award activity TaxBenefitFromStockBasedAwardActivity $10.48M USD Annual
Excess tax benefit from stock-based award activity ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $10.48M USD Annual
Other non-cash items OtherNoncashIncomeExpense $-66.00K USD Annual
Other non-cash items OtherNoncashIncomeExpense $-372.00K USD Annual
Other non-cash items OtherNoncashIncomeExpense $-509.00K USD Annual
Commissions receivable IncreaseDecreaseInCommissionsReceivable $174.00K USD Annual
Commissions receivable IncreaseDecreaseInCommissionsReceivable $-70.00K USD Annual
Commissions receivable IncreaseDecreaseInCommissionsReceivable $-1.97M USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $1.41M USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $6.00K USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $3.22M USD Annual
Prepaid rent IncreaseDecreaseInPrepaidRent $-1.35M USD Annual
Prepaid rent IncreaseDecreaseInPrepaidRent $2.14M USD Annual
Prepaid rent IncreaseDecreaseInPrepaidRent $5.43M USD Annual
Assets held in rabbi trust IncreaseDecreaseAssetsInTrustAccount $1.51M USD Annual
Assets held in rabbi trust IncreaseDecreaseAssetsInTrustAccount $1.16M USD Annual
Assets held in rabbi trust IncreaseDecreaseAssetsInTrustAccount $48.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $1.24M USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $595.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $8.03M USD Annual
Due to (from) affiliates IncreaseDecreaseInDueToAffiliates $60.39M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-912.00K USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-7.54M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $2.30M USD Annual
Income tax (payable) receivable IncreaseDecreaseInIncomeTaxesReceivablePayable $6.65M USD Annual
Income tax (payable) receivable IncreaseDecreaseInIncomeTaxesReceivablePayable $3.86M USD Annual
Income tax (payable) receivable IncreaseDecreaseInIncomeTaxesReceivablePayable $-6.46M USD Annual
Commissions payable CommissionPayableIncreaseDecrease $5.16M USD Annual
Commissions payable CommissionPayableIncreaseDecrease $3.85M USD Annual
Commissions payable CommissionPayableIncreaseDecrease $2.50M USD Annual
Accrued bonuses and other employee related expenses IncreaseDecreaseInEmployeeRelatedLiabilities $3.26M USD Annual
Accrued bonuses and other employee related expenses IncreaseDecreaseInEmployeeRelatedLiabilities $10.85M USD Annual
Accrued bonuses and other employee related expenses IncreaseDecreaseInEmployeeRelatedLiabilities $-572.00K USD Annual
Deferred compensation and commissions DeferredCompensationAndCommissionsIncreaseDecrease $4.54M USD Annual
Deferred compensation and commissions DeferredCompensationAndCommissionsIncreaseDecrease $7.20M USD Annual
Deferred compensation and commissions DeferredCompensationAndCommissionsIncreaseDecrease $3.09M USD Annual
Deferred rent obligation and other liabilities IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations $1.48M USD Annual
Deferred rent obligation and other liabilities IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations $-1.96M USD Annual
Deferred rent obligation and other liabilities IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations $-100.00K USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $72.12M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $96.94M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $71.44M USD Annual
Purchases of marketable securities, available-for-sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $146.05M USD Annual
Purchases of marketable securities, available-for-sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $14.70M USD Annual
Proceeds from sales and maturities of marketable securities, available-for-sale ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $26.14M USD Annual
Payments received on employee notes receivable ProceedsFromCollectionOfNotesReceivable $22.00K USD Annual
Payments received on employee notes receivable ProceedsFromCollectionOfNotesReceivable $126.00K USD Annual
Payments received on employee notes receivable ProceedsFromCollectionOfNotesReceivable $1.17M USD Annual
Issuances of employee notes receivable PaymentsToAcquireNotesReceivable $434.00K USD Annual
Issuances of employee notes receivable PaymentsToAcquireNotesReceivable $86.00K USD Annual
Issuances of employee notes receivable PaymentsToAcquireNotesReceivable $247.00K USD Annual
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.57M USD Annual
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $6.80M USD Annual
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.79M USD Annual
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $32.00K USD Annual
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.00K USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-126.93M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-4.02M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-17.23M USD Annual
Proceeds from issuance of shares pursuant to employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $410.00K USD Annual
Proceeds from issuance of shares pursuant to employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $976.00K USD Annual
Taxes paid related to net share settlement of stock-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $5.98M USD Annual
Taxes paid related to net share settlement of stock-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $8.73M USD Annual
Excess tax benefit from stock-based award activity ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $10.48M USD Annual
Realized tax benefit of deductible IPO transaction costs ProceedsFromPaymentsForOtherFinancingActivities $840.00K USD Annual
Distribution related to stock appreciation rights liability DistributionRelatedToStockAppreciationRightsLiabilityForTaxesPayable $412.00K USD Annual
Dividends paid to Marcus & Millichap Company PaymentsOfDividends $37.68M USD Annual
Payments on obligations under capital leases RepaymentsOfLongTermCapitalLeaseObligations $58.00K USD Annual
Payments on obligations under capital leases RepaymentsOfLongTermCapitalLeaseObligations $16.00K USD Annual
Principal payments on notes payable to former stockholders RepaymentsOfNotesPayable $851.00K USD Annual
Principal payments on notes payable to former stockholders RepaymentsOfNotesPayable $894.00K USD Annual
Payments received on stock notes receivable from employees RepaymentOfNotesReceivableFromRelatedParties $6.00K USD Annual
Payments received on stock notes receivable from employees RepaymentOfNotesReceivableFromRelatedParties $158.00K USD Annual
Proceeds from initial public offering, net of issuance costs ProceedsFromIssuanceInitialPublicOffering $42.51M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $1.83M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $4.92M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-6.00M USD Annual
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $48.21M USD Annual
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $97.84M USD Annual
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-52.97M USD Annual
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $149.16M USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $3.11M USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $100.95M USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $96.19M USD Point-in-time
Cash and cash equivalents at end of year CashAndCashEquivalentsAtCarryingValue $100.95M USD Point-in-time
Cash and cash equivalents at end of year CashAndCashEquivalentsAtCarryingValue $96.19M USD Point-in-time
Cash and cash equivalents at end of year CashAndCashEquivalentsAtCarryingValue $149.16M USD Point-in-time
Cash and cash equivalents at end of year CashAndCashEquivalentsAtCarryingValue $3.11M USD Point-in-time
Interest paid during the period InterestPaid $635.00K USD Annual
Interest paid during the period InterestPaid $1.00K USD Annual
Interest paid during the period InterestPaid $868.00K USD Annual
Income taxes paid, net (paid to former parent in 2013) IncomeTaxesPaidNet $43.12M USD Annual
Income taxes paid, net (paid to former parent in 2013) IncomeTaxesPaidNet $29.70M USD Annual
Income taxes paid, net (paid to former parent in 2013) IncomeTaxesPaidNet $35.60M USD Annual
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable $208.00K USD Annual
Property and equipment additions incurred but not yet paid included in accounts payable and accrued expenses NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions $216.00K USD Annual
Property and equipment additions incurred but not yet paid included in accounts payable and accrued expenses NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions $-134.00K USD Annual
Property and equipment additions incurred but not yet paid included in accounts payable and accrued expenses NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions $462.00K USD Annual
Settlements of deferred compensation obligation with trust assets SettlementsOfDeferredCompensationObligationWithTrustAssets $37.00K USD Annual
Tax benefit from share-based award activity included in income tax receivable TaxBenefitFromShareBasedAwardActivityIncludedInIncomeTaxReceivablePayable $4.31M USD Annual
Deferred offering costs included in accounts payable and accrued expenses NonCashCapitalizedDeferredOfferingCosts $193.00K USD Annual
Issuance of restricted stock for notes receivable IssuanceOfRestrictedStockForNotesReceivable $21.00K USD Annual
Deemed capital (distribution) from Marcus & Millichap Company DeemedCapitalContributionDistribution $-3.29M USD 3 Qtrs
Deemed capital (distribution) from Marcus & Millichap Company DeemedCapitalContributionDistribution $-3.29M USD Annual
Stockholders Equity 37 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquity $188.99M USD Point-in-time
Beginning Balance StockholdersEquity $52.97M USD Point-in-time
Beginning Balance StockholdersEquity $62.50M USD Point-in-time
Beginning Balance StockholdersEquity $21.63M USD Point-in-time
Beginning Balance StockholdersEquity $116.81M USD Point-in-time
Net and comprehensive income ComprehensiveIncomeNetOfTax $66.65M USD Annual
Net and comprehensive income ComprehensiveIncomeNetOfTax $8.21M USD Annual
Net and comprehensive income ComprehensiveIncomeNetOfTax $49.69M USD Annual
Net income attributable to Marcus & Millichap, Inc. subsequent to initial public offering NetIncomeLossSubsequentToInitialPublicOffering $9.25M USD 1 Quarter
Net loss attributable to Marcus & Millichap Real Estate Investment Services, Inc. prior to initial public offering on October 31, 2013 NetLossPriorToInitialPublicOffering $1.04M USD Annual
Net loss attributable to Marcus & Millichap Real Estate Investment Services, Inc. prior to initial public offering on October 31, 2013 NetLossPriorToInitialPublicOffering $1.04M USD 3 Qtrs
Series A preferred dividends declared and paid DividendsPreferredStock $37.68M USD 3 Qtrs
Deemed capital distribution from MMC DeemedCapitalContributionDistribution $-3.29M USD 3 Qtrs
Deemed capital distribution from MMC DeemedCapitalContributionDistribution $-3.29M USD Annual
Payments on stock notes receivable from employees PaymentsOnStockNotesReceivableFromEmployees $9.00K USD Annual
Payments on stock notes receivable from employees PaymentsOnStockNotesReceivableFromEmployees $158.00K USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $7.11M USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $30.89M USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $276.00K USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $5.03M USD Annual
Issuance of common stock pursuant to employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $410.00K USD Annual
Issuance of common stock pursuant to employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $976.00K USD Annual
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $42.31M USD 3 Qtrs
Issuance of common stock for settlement of deferred stock units StockIssuedDuringPeriodFairValueOfSharesDeferredStockUnitsBeforeTaxSettlement - USD Annual
Issuance of common stock for settlement of deferred stock units StockIssuedDuringPeriodFairValueOfSharesDeferredStockUnitsBeforeTaxSettlement - USD Annual
Issuance of common stock for vesting of restricted stock units StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement - USD Annual
Issuance of common stock for unvested restricted stock awards StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD Annual
Shares withheld related to net share settlement of stock-based awards, units AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $8.73M USD Annual
Shares withheld related to net share settlement of stock-based awards, units AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $5.98M USD Annual
Windfall tax benefit from stock-based award activity AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $4.31M USD Annual
Windfall tax benefit from stock-based award activity AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $6.17M USD Annual
Tax benefit of deductible IPO transaction costs TaxBenefitRelatedToDeductibleIpoTransactionCosts $840.00K USD Annual
Ending Balance StockholdersEquity $62.50M USD Point-in-time
Ending Balance StockholdersEquity $21.63M USD Point-in-time
Ending Balance StockholdersEquity $188.99M USD Point-in-time
Ending Balance StockholdersEquity $52.97M USD Point-in-time
Ending Balance StockholdersEquity $116.81M USD Point-in-time
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Unrealized (loss) gain on marketable securities, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $16.00K USD Annual
Unrealized (loss) gain on marketable securities, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax - USD Annual
Unrealized (loss) gain on marketable securities, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-394.00K USD Annual
Foreign currency translation (loss) gain, tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-90.00K USD Annual
Foreign currency translation (loss) gain, tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $90.00K USD Annual
Foreign currency translation (loss) gain, tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD Annual

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

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