10-K Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001193125-17-084360`
Period End Date	20161231
Filing Date	20170316
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	mmi-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 114 Cash Flow Statement 145 Stockholders Equity 33 Comprehensive Income 6

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`	$187.37M	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`	$100.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$149.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$96.19M	USD	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$3.34M	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`	$4.81M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.09M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.05M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.18M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.88M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.40M	shares	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$27.45M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$79.86M	USD	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$5.14M	USD	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$5.10M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.40M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.88M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$234.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$196.11M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$9.07M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$13.29M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.58M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.36M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$77.47M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$54.40M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$7.34M	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`	$35.57M	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`	$394.02M	USD	Point-in-time
Total assets	`Assets`	$321.23M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.13M	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`	$44.75M	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`	$22.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$78.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$75.01M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$44.45M	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`	$3.85M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$3.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$132.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$135.16M	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, 2016 and 2015, 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, 2016 and 2015, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 37,882,266 and 37,396,456 at December 31, 2016 and 2015, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 37,882,266 and 37,396,456 at December 31, 2016 and 2015, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$85.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$80.59M	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`	$172.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$107.94M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$457.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$810.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$258.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$116.81M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$188.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$62.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$394.02M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$321.23M	USD	Point-in-time

Income Statement 114 line items

Line Item	Tag	Value	Unit	Period
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$632.57M	USD	Annual
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$662.22M	USD	Annual
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$524.95M	USD	Annual
Financing fees	`FinancingFeesRevenue`	$43.44M	USD	Annual
Financing fees	`FinancingFeesRevenue`	$42.56M	USD	Annual
Financing fees	`FinancingFeesRevenue`	$33.88M	USD	Annual
Other revenues	`FeesAndCommissionsOther`	$13.36M	USD	Annual
Other revenues	`FeesAndCommissionsOther`	$11.79M	USD	Annual
Other revenues	`FeesAndCommissionsOther`	$13.92M	USD	Annual
Total revenues	`Revenues`	$164.27M	USD	1 Quarter
Total revenues	`Revenues`	$203.16M	USD	1 Quarter
Total revenues	`Revenues`	$689.05M	USD	Annual
Total revenues	`Revenues`	$717.45M	USD	Annual
Total revenues	`Revenues`	$180.63M	USD	1 Quarter
Total revenues	`Revenues`	$572.19M	USD	Annual
Total revenues	`Revenues`	$173.48M	USD	1 Quarter
Total revenues	`Revenues`	$189.16M	USD	1 Quarter
Total revenues	`Revenues`	$165.88M	USD	1 Quarter
Total revenues	`Revenues`	$183.39M	USD	1 Quarter
Total revenues	`Revenues`	$146.54M	USD	1 Quarter
Cost of services	`CostOfServices`	$96.15M	USD	1 Quarter
Cost of services	`CostOfServices`	$423.39M	USD	Annual
Cost of services	`CostOfServices`	$102.01M	USD	1 Quarter
Cost of services	`CostOfServices`	$113.13M	USD	1 Quarter
Cost of services	`CostOfServices`	$113.85M	USD	1 Quarter
Cost of services	`CostOfServices`	$444.77M	USD	Annual
Cost of services	`CostOfServices`	$121.64M	USD	1 Quarter
Cost of services	`CostOfServices`	$350.10M	USD	Annual
Cost of services	`CostOfServices`	$129.66M	USD	1 Quarter
Cost of services	`CostOfServices`	$105.56M	USD	1 Quarter
Cost of services	`CostOfServices`	$86.16M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$161.79M	USD	Annual
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$147.71M	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`	$4.39M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.31M	USD	Annual
Total operating expenses	`OperatingExpenses`	$574.40M	USD	Annual
Total operating expenses	`OperatingExpenses`	$610.95M	USD	Annual
Total operating expenses	`OperatingExpenses`	$487.58M	USD	Annual
Operating income	`OperatingIncomeLoss`	$29.53M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$27.42M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$114.65M	USD	Annual
Operating income	`OperatingIncomeLoss`	$33.93M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$106.50M	USD	Annual
Operating income	`OperatingIncomeLoss`	$28.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.86M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$27.91M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$84.61M	USD	Annual
Operating income	`OperatingIncomeLoss`	$24.91M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$23.77M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$443.00K	USD	Annual
Other income (expense), net	`NonoperatingIncomeExpense`	$2.13M	USD	Annual
Other income (expense), net	`NonoperatingIncomeExpense`	$28.00K	USD	Annual
Interest expense	`InterestExpense`	$1.73M	USD	Annual
Interest expense	`InterestExpense`	$1.53M	USD	Annual
Interest expense	`InterestExpense`	$1.65M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$107.10M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$113.37M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$82.98M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$42.45M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$47.02M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$33.45M	USD	Annual
Net income	`NetIncomeLoss`	$15.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.35M	USD	Annual
Net income	`NetIncomeLoss`	$17.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.53M	USD	Annual
Net income	`NetIncomeLoss`	$19.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$64.66M	USD	Annual
Unrealized gain (loss) on marketable securities, net of tax of $197, $(394) and $16 for the years ended December 31, 2016, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-592.00K	USD	Annual
Unrealized gain (loss) on marketable securities, net of tax of $197, $(394) and $16 for the years ended December 31, 2016, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$24.00K	USD	Annual
Unrealized gain (loss) on marketable securities, net of tax of $197, $(394) and $16 for the years ended December 31, 2016, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$313.00K	USD	Annual
Foreign currency translation gain (loss), net of tax of $0, $(90) and $90 for the years ended December 31, 2016, 2015 and 2014, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$135.00K	USD	Annual
Foreign currency translation gain (loss), net of tax of $0, $(90) and $90 for the years ended December 31, 2016, 2015 and 2014, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$40.00K	USD	Annual
Foreign currency translation gain (loss), net of tax of $0, $(90) and $90 for the years ended December 31, 2016, 2015 and 2014, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$890.00K	USD	Annual
Net current-period other (loss) comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$159.00K	USD	Annual
Net current-period other (loss) comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$298.00K	USD	Annual
Net current-period other (loss) comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$353.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$65.01M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$66.65M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.69M	USD	Annual
Basic	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.27	USD	Annual
Basic	`EarningsPerShareBasic`	$1.71	USD	Annual
Basic	`EarningsPerShareBasic`	$1.66	USD	Annual
Basic	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.69	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.66	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.27	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.90M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.85M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.85M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.03M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.16M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.98M	shares	Annual

Cash Flow Statement 145 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.35M	USD	Annual
Net income	`NetIncomeLoss`	$49.53M	USD	Annual
Net income	`NetIncomeLoss`	$13.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$64.66M	USD	Annual
Net income	`NetIncomeLoss`	$19.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.56M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.31M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$4.39M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.21M	USD	Annual
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$47.00K	USD	Annual
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$281.00K	USD	Annual
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$29.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$7.11M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$7.04M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$5.03M	USD	Annual
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-483.00K	USD	Annual
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$877.00K	USD	Annual
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$65.00K	USD	Annual
Net realized losses (gains) on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	-	USD	Annual
Net realized losses (gains) on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$-123.00K	USD	Annual
Net realized losses (gains) on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$132.00K	USD	Annual
Tax benefit from stock-based award activity	`TaxBenefitFromStockBasedAwardActivity`	$2.71M	USD	Annual
Tax benefit from stock-based award activity	`TaxBenefitFromStockBasedAwardActivity`	-	USD	Annual
Tax benefit from stock-based award activity	`TaxBenefitFromStockBasedAwardActivity`	$10.48M	USD	Annual
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.71M	USD	Annual
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$10.48M	USD	Annual
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-372.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-509.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-444.00K	USD	Annual
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.47M	USD	Annual
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$174.00K	USD	Annual
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-70.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$552.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$3.22M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$6.00K	USD	Annual
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$4.21M	USD	Annual
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$5.43M	USD	Annual
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$-1.35M	USD	Annual
Assets held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	$1.51M	USD	Annual
Assets held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	$48.00K	USD	Annual
Assets held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	$1.26M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.03M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.24M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$803.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.30M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$964.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-912.00K	USD	Annual
Income tax receivable (payable)	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-2.87M	USD	Annual
Income tax receivable (payable)	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$3.86M	USD	Annual
Income tax receivable (payable)	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$6.65M	USD	Annual
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-8.22M	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
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$10.99M	USD	Annual
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$12.36M	USD	Annual
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$8.38M	USD	Annual
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$-30.00K	USD	Annual
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$1.48M	USD	Annual
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$-1.96M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$72.12M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$74.49M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$71.44M	USD	Annual
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$107.90M	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
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	Annual
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$137.59M	USD	Annual
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$12.00K	USD	Annual
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$22.00K	USD	Annual
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$126.00K	USD	Annual
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$455.00K	USD	Annual
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$247.00K	USD	Annual
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$86.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.47M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.57M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.80M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00K	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$40.00K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-17.23M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-126.93M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$19.82M	USD	Annual
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$673.00K	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`	$5.57M	USD	Annual
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.73M	USD	Annual
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.98M	USD	Annual
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.71M	USD	Annual
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	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
Realized tax benefit of deductible IPO transaction costs	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Realized tax benefit of deductible IPO transaction costs	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Distribution related to stock appreciation rights liability	`DistributionRelatedToStockAppreciationRightsLiabilityForTaxesPayable`	-	USD	Annual
Distribution related to stock appreciation rights liability	`DistributionRelatedToStockAppreciationRightsLiabilityForTaxesPayable`	-	USD	Annual
Distribution related to stock appreciation rights liability	`DistributionRelatedToStockAppreciationRightsLiabilityForTaxesPayable`	$412.00K	USD	Annual
Payments on obligations under capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	Annual
Payments on obligations under capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	$16.00K	USD	Annual
Payments on obligations under capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	Annual
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$851.00K	USD	Annual
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$938.00K	USD	Annual
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$894.00K	USD	Annual
Payments received on stock notes receivable from employees	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	Annual
Payments received on stock notes receivable from employees	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	Annual
Payments received on stock notes receivable from employees	`RepaymentOfNotesReceivableFromRelatedParties`	$6.00K	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-6.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-3.12M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.83M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-52.97M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$91.19M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$48.21M	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`	$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 beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$187.37M	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`	$187.37M	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`	$100.95M	USD	Point-in-time
Interest paid during the period	`InterestPaid`	$635.00K	USD	Annual
Interest paid during the period	`InterestPaid`	$868.00K	USD	Annual
Interest paid during the period	`InterestPaid`	$628.00K	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$37.35M	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$35.60M	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$43.12M	USD	Annual
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$325.00K	USD	Annual
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$208.00K	USD	Annual
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	-	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`	$34.00K	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`	-	USD	Annual
Settlements of deferred compensation obligation with trust assets	`SettlementsOfDeferredCompensationObligationWithTrustAssets`	-	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
Tax benefit from share-based award activity included in income tax receivable	`TaxBenefitFromShareBasedAwardActivityIncludedInIncomeTaxReceivablePayable`	-	USD	Annual
Tax benefit from share-based award activity included in income tax receivable	`TaxBenefitFromShareBasedAwardActivityIncludedInIncomeTaxReceivablePayable`	-	USD	Annual

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$258.85M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$116.81M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$188.99M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$62.50M	USD	Point-in-time
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.69M	USD	Annual
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$66.65M	USD	Annual
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$65.01M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$5.03M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.11M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.04M	USD	Annual
Issuance of common stock pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$673.00K	USD	Annual
Issuance of common stock pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$976.00K	USD	Annual
Issuance of common stock pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$410.00K	USD	Annual
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 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 vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	Annual
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	Annual
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	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
Shares withheld related to net share settlement of stock-based awards, units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.57M	USD	Annual
Windfall tax benefit from stock-based award activity	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$4.31M	USD	Annual
Windfall tax benefit from stock-based award activity	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$2.71M	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
Payments on stock notes receivable from employees	`PaymentsOnStockNotesReceivableFromEmployees`	$9.00K	USD	Annual
Ending Balance	`StockholdersEquity`	$258.85M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$116.81M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$188.99M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$62.50M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Unrealized gain (loss) on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-394.00K	USD	Annual
Unrealized gain (loss) on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$16.00K	USD	Annual
Unrealized gain (loss) on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$197.00K	USD	Annual
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-90.00K	USD	Annual
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$90.00K	USD	Annual

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