10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-761296`
Period End Date	20160930
Filing Date	20161107
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	mmi-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 88 Cash Flow Statement 90 Stockholders Equity 15 Comprehensive Income 8

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.95M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	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`	$67.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$96.19M	USD	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$4.50M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$3.34M	USD	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`	$6.99M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.54M	USD	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`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$48.38M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.62M	shares	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$79.86M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.40M	shares	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$3.83M	USD	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$5.14M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.62M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.40M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$185.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$196.11M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$12.63M	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`	$15.59M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$54.40M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$94.28M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$7.31M	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`	$35.49M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.12M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.06M	USD	Point-in-time
Total assets	`Assets`	$321.23M	USD	Point-in-time
Total assets	`Assets`	$360.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$9.87M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$9.13M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$986.00K	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$939.00K	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$34.09M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$29.64M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$4.18M	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`	$20.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$75.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$64.83M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$40.28M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$43.68M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$9.67M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$8.69M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$3.88M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$4.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$132.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$118.08M	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 September 30, 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 September 30, 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 - 37,616,243 and 37,396,456 at September 30, 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 - 37,616,243 and 37,396,456 at September 30, 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`	$84.95M	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`	$155.43M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$457.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.54M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$188.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$241.91M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$321.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$360.00M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$151.94M	USD	1 Quarter
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$446.36M	USD	3 Qtrs
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$165.69M	USD	1 Quarter
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$489.48M	USD	3 Qtrs
Financing fees	`FinancingFeesRevenue`	$30.05M	USD	3 Qtrs
Financing fees	`FinancingFeesRevenue`	$10.87M	USD	1 Quarter
Financing fees	`FinancingFeesRevenue`	$30.78M	USD	3 Qtrs
Financing fees	`FinancingFeesRevenue`	$11.32M	USD	1 Quarter
Other revenues	`FeesAndCommissionsOther`	$8.04M	USD	3 Qtrs
Other revenues	`FeesAndCommissionsOther`	$9.50M	USD	3 Qtrs
Other revenues	`FeesAndCommissionsOther`	$3.62M	USD	1 Quarter
Other revenues	`FeesAndCommissionsOther`	$3.07M	USD	1 Quarter
Total revenues	`Revenues`	$528.29M	USD	3 Qtrs
Total revenues	`Revenues`	$180.63M	USD	1 Quarter
Total revenues	`Revenues`	$165.88M	USD	1 Quarter
Total revenues	`Revenues`	$485.90M	USD	3 Qtrs
Cost of services	`CostOfServices`	$293.73M	USD	3 Qtrs
Cost of services	`CostOfServices`	$113.85M	USD	1 Quarter
Cost of services	`CostOfServices`	$323.13M	USD	3 Qtrs
Cost of services	`CostOfServices`	$102.01M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$109.06M	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$35.65M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$123.40M	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$40.73M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.39M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$802.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.16M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$138.46M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$405.18M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$155.73M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$449.70M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$78.59M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$80.72M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$24.91M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$27.42M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$719.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-464.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$23.00K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$1.57M	USD	3 Qtrs
Interest expense	`InterestExpense`	$380.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$380.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.35M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.16M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.24M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$79.01M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.57M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$79.39M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$31.52M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.10M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$32.99M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.40M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.48M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.18M	USD	1 Quarter
Unrealized (loss) gain on marketable securities, net of tax of $(37), $47, $684 and $(159) for the three months ended September 30, 2016, and 2015 and the nine months ended September 30, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$56.00K	USD	1 Quarter
Unrealized (loss) gain on marketable securities, net of tax of $(37), $47, $684 and $(159) for the three months ended September 30, 2016, and 2015 and the nine months ended September 30, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.05M	USD	3 Qtrs
Unrealized (loss) gain on marketable securities, net of tax of $(37), $47, $684 and $(159) for the three months ended September 30, 2016, and 2015 and the nine months ended September 30, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-56.00K	USD	1 Quarter
Unrealized (loss) gain on marketable securities, net of tax of $(37), $47, $684 and $(159) for the three months ended September 30, 2016, and 2015 and the nine months ended September 30, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-249.00K	USD	3 Qtrs
Foreign currency translation (loss) gain, net of tax of $0, $140, $0 and $226 for the three months ended September 30, 2016, and 2015 and the nine months ended September 30, 2016 and 2015, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$361.00K	USD	3 Qtrs
Foreign currency translation (loss) gain, net of tax of $0, $140, $0 and $226 for the three months ended September 30, 2016, and 2015 and the nine months ended September 30, 2016 and 2015, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$234.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0, $140, $0 and $226 for the three months ended September 30, 2016, and 2015 and the nine months ended September 30, 2016 and 2015, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$32.00K	USD	3 Qtrs
Foreign currency translation (loss) gain, net of tax of $0, $140, $0 and $226 for the three months ended September 30, 2016, and 2015 and the nine months ended September 30, 2016 and 2015, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.08M	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$112.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-59.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$290.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.47M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$46.51M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$48.56M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.22	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.19	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.19	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.22	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.94M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.87M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.89M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.92M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.12M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.03M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.05M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.16M	shares	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$15.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.48M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.40M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.39M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$802.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.16M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.15M	USD	1 Quarter
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$48.00K	USD	1 Quarter
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$15.00K	USD	3 Qtrs
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$127.00K	USD	3 Qtrs
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$12.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.93M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.75M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-3.16M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-894.00K	USD	3 Qtrs
Net realized losses (gains) on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$130.00K	USD	3 Qtrs
Net realized losses (gains) on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$-119.00K	USD	3 Qtrs
Tax benefit from stock-based award activity	`TaxBenefitFromStockBasedAwardActivity`	$4.84M	USD	3 Qtrs
Tax benefit from stock-based award activity	`TaxBenefitFromStockBasedAwardActivity`	$157.00K	USD	3 Qtrs
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$4.84M	USD	3 Qtrs
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$157.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-295.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-359.00K	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.16M	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$470.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-555.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.14M	USD	3 Qtrs
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$3.55M	USD	3 Qtrs
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$4.54M	USD	3 Qtrs
Contributions to rabbi trust	`IncreaseDecreaseInContributionsToTrustAccount`	$1.26M	USD	3 Qtrs
Contributions to rabbi trust	`IncreaseDecreaseInContributionsToTrustAccount`	$1.45M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.99M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.54M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.65M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$309.00K	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-8.23M	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-4.94M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-10.49M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.88M	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-3.19M	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-8.24M	USD	3 Qtrs
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$1.00M	USD	3 Qtrs
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$416.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$41.52M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$38.58M	USD	3 Qtrs
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$97.31M	USD	3 Qtrs
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$130.50M	USD	3 Qtrs
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$10.61M	USD	3 Qtrs
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$90.48M	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$3.00K	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$15.00K	USD	3 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$381.00K	USD	3 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$175.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.05M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.75M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$25.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-14.24M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-123.81M	USD	3 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$502.00K	USD	3 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$402.00K	USD	3 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.13M	USD	3 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$756.00K	USD	3 Qtrs
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$157.00K	USD	3 Qtrs
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.84M	USD	3 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$938.00K	USD	3 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$894.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.70M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.51M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$25.77M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-81.53M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$67.63M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$96.19M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$121.95M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$149.16M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$121.95M	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`	$96.19M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$67.63M	USD	Point-in-time
Interest paid during the period	`InterestPaid`	$613.00K	USD	3 Qtrs
Interest paid during the period	`InterestPaid`	$853.00K	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$24.03M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$26.37M	USD	3 Qtrs
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$208.00K	USD	3 Qtrs
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$199.00K	USD	3 Qtrs
Change in property and equipment included in accounts payable and accrued expenses	`NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions`	$729.00K	USD	3 Qtrs
Change in property and equipment included in accounts payable and accrued expenses	`NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions`	$421.00K	USD	3 Qtrs
Settlements of deferred compensation obligation with trust assets	`SettlementsOfDeferredCompensationObligationWithTrustAssets`	$28.00K	USD	3 Qtrs
Settlements of deferred compensation obligation with trust assets	`SettlementsOfDeferredCompensationObligationWithTrustAssets`	-	USD	3 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$188.99M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$241.91M	USD	Point-in-time
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.47M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$46.51M	USD	3 Qtrs
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.09M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$48.56M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$4.93M	USD	3 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$402.00K	USD	3 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	3 Qtrs
Shares withheld related to net share settlement of stock-based awards, units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.13M	USD	3 Qtrs
Shares withheld related to net share settlement of stock-based awards, shares	`SharesPaidForTaxWithholdingForShareBasedCompensation`	41,293.00	shares	3 Qtrs
Windfall tax benefit from stock-based award activity	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$157.00K	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$188.99M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$241.91M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Unrealized (loss) gain on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-159.00K	USD	3 Qtrs
Unrealized (loss) gain on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$684.00K	USD	3 Qtrs
Unrealized (loss) gain on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$47.00K	USD	1 Quarter
Unrealized (loss) gain on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-37.00K	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$140.00K	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$226.00K	USD	3 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter

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