10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-583007`
Period End Date	20160331
Filing Date	20160509
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	mmi-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 44 Cash Flow Statement 76 Stockholders Equity 10 Comprehensive Income 4

Balance Sheet 82 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`	$96.19M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.93M	USD	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$3.34M	USD	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$2.86M	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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.54M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.45M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.05M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.34M	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
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`	37.57M	shares	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$75.11M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.40M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.57M	shares	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$5.14M	USD	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$3.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$167.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$196.11M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$10.18M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$9.07M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.45M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.58M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$54.40M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$57.01M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$5.66M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$6.99M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$35.28M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$33.44M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.98M	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`	$297.58M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$8.82M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$9.13M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$939.00K	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$939.00K	USD	Point-in-time
Commissions payable	`AccruedSalesCommissionCurrent`	$21.07M	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`	$9.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$75.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.87M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$43.68M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$38.95M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$9.67M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$9.67M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$4.15M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$3.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$92.64M	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 March 31, 2016 and December 31, 2015, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at March 31, 2016 and December 31, 2015, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 37,568,389 and 37,396,456 at March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 37,568,389 and 37,396,456 at March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$80.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$81.00M	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`	$122.76M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.18M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$457.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$204.94M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$188.99M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$297.58M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$321.23M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$153.66M	USD	1 Quarter
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$134.19M	USD	1 Quarter
Financing fees	`FinancingFeesRevenue`	$8.73M	USD	1 Quarter
Financing fees	`FinancingFeesRevenue`	$8.03M	USD	1 Quarter
Other revenues	`FeesAndCommissionsOther`	$4.32M	USD	1 Quarter
Other revenues	`FeesAndCommissionsOther`	$1.88M	USD	1 Quarter
Total revenues	`Revenues`	$146.54M	USD	1 Quarter
Total revenues	`Revenues`	$164.27M	USD	1 Quarter
Cost of services	`CostOfServices`	$86.16M	USD	1 Quarter
Cost of services	`CostOfServices`	$96.15M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$42.26M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$35.83M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$780.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.01M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$139.41M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$122.77M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.86M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$23.77M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$125.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$230.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$391.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$583.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.70M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.65M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.88M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.67M	USD	1 Quarter
Unrealized gain on marketable securities, net of tax of $450 and $126 for the three months ended March 31, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$188.00K	USD	1 Quarter
Unrealized gain on marketable securities, net of tax of $450 and $126 for the three months ended March 31, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$680.00K	USD	1 Quarter
Foreign currency translation gain, net of tax of $0 and $117 for the three months ended March 31, 2016 and 2015, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$47.00K	USD	1 Quarter
Foreign currency translation gain, net of tax of $0 and $117 for the three months ended March 31, 2016 and 2015, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$173.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$361.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$727.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.54M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.03M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.89M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.03M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.96M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.15M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.67M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$780.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.01M	USD	1 Quarter
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$16.00K	USD	1 Quarter
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$21.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.32M	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`	$1.39M	USD	1 Quarter
Net realized losses (gains) on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$74.00K	USD	1 Quarter
Net realized losses (gains) on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$-155.00K	USD	1 Quarter
Tax benefit from stock-based award activity	`TaxBenefitFromStockBasedAwardActivity`	$167.00K	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`	$167.00K	USD	1 Quarter
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$4.74M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-130.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-280.00K	USD	1 Quarter
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-482.00K	USD	1 Quarter
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.18M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.09M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.35M	USD	1 Quarter
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$68.00K	USD	1 Quarter
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$1.10M	USD	1 Quarter
Assets held in rabbi trust	`IncreaseDecreaseAssetsInTrustAccount`	$1.26M	USD	1 Quarter
Assets held in rabbi trust	`IncreaseDecreaseAssetsInTrustAccount`	$1.24M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.69M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-349.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.03M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.00K	USD	1 Quarter
Income tax receivable (payable)	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$3.04M	USD	1 Quarter
Income tax receivable (payable)	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-708.00K	USD	1 Quarter
Commissions payable	`CommissionPayableIncreaseDecrease`	$-13.02M	USD	1 Quarter
Commissions payable	`CommissionPayableIncreaseDecrease`	$-11.29M	USD	1 Quarter
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-21.61M	USD	1 Quarter
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-19.04M	USD	1 Quarter
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-4.76M	USD	1 Quarter
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-2.62M	USD	1 Quarter
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$-68.00K	USD	1 Quarter
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$277.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-17.99M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-19.02M	USD	1 Quarter
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$13.85M	USD	1 Quarter
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$14.02M	USD	1 Quarter
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$3.72M	USD	1 Quarter
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$17.14M	USD	1 Quarter
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$92.00K	USD	1 Quarter
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$48.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.33M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$954.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$689.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-11.13M	USD	1 Quarter
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.08M	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
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$167.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$4.02M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-917.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-25.10M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-19.25M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$76.93M	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`	$96.19M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$76.93M	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`	$149.16M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$96.19M	USD	Point-in-time
Interest paid during the period	`InterestPaid`	$15.00K	USD	1 Quarter
Interest paid during the period	`InterestPaid`	$15.00K	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$6.65M	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$7.61M	USD	1 Quarter
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$208.00K	USD	1 Quarter
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$199.00K	USD	1 Quarter
Change in property and equipment included in accounts payable and accrued expenses	`NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions`	$191.00K	USD	1 Quarter
Change in property and equipment included in accounts payable and accrued expenses	`NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions`	$-299.00K	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$204.94M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$188.99M	USD	Point-in-time
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.54M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.03M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$1.32M	USD	1 Quarter
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards, units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.08M	USD	1 Quarter
Windfall tax benefit from stock-based award activity	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$167.00K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$204.94M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$188.99M	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`	$450.00K	USD	1 Quarter
Foreign currency translation gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$117.00K	USD	1 Quarter
Foreign currency translation gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter

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