10-K Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001193125-18-084734`
Period End Date	20171231
Filing Date	20180316
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	mmi-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 114 Cash Flow Statement 130 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$220.79M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$96.19M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$4.81M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$9.59M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.09M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.66M	USD	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.31M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.18M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$73.56M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.37M	shares	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$27.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.88M	shares	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$5.53M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.88M	shares	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$5.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$320.43M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$234.01M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$15.39M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$13.29M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.36M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.15M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$77.47M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$52.10M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$8.79M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$7.34M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$35.57M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$22.64M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.98M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$23.16M	USD	Point-in-time
Total assets	`Assets`	$394.02M	USD	Point-in-time
Total assets	`Assets`	$459.66M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.13M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$9.20M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$1.03M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$986.00K	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$44.75M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$49.18M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$22.30M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$23.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$78.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$83.26M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$49.36M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$44.45M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$7.65M	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`	$4.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$135.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$144.78M	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, 2017 and 2016, 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, 2017 and 2016, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 38,374,011 and 37,882,266 at December 31, 2017 and 2016, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 38,374,011 and 37,882,266 at December 31, 2017 and 2016, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$89.88M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$85.44M	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`	$224.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$172.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$810.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$940.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$258.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$188.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$314.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$116.81M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$459.66M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$394.02M	USD	Point-in-time

Income Statement 114 line items

Line Item	Tag	Value	Unit	Period
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$649.39M	USD	Annual
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$662.22M	USD	Annual
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$632.57M	USD	Annual
Financing fees	`FinancingFeesRevenue`	$43.44M	USD	Annual
Financing fees	`FinancingFeesRevenue`	$42.56M	USD	Annual
Financing fees	`FinancingFeesRevenue`	$49.65M	USD	Annual
Other revenues	`FeesAndCommissionsOther`	$11.79M	USD	Annual
Other revenues	`FeesAndCommissionsOther`	$13.92M	USD	Annual
Other revenues	`FeesAndCommissionsOther`	$20.65M	USD	Annual
Total revenues	`Revenues`	$153.21M	USD	1 Quarter
Total revenues	`Revenues`	$183.39M	USD	1 Quarter
Total revenues	`Revenues`	$202.78M	USD	1 Quarter
Total revenues	`Revenues`	$183.34M	USD	1 Quarter
Total revenues	`Revenues`	$717.45M	USD	Annual
Total revenues	`Revenues`	$689.05M	USD	Annual
Total revenues	`Revenues`	$719.70M	USD	Annual
Total revenues	`Revenues`	$180.63M	USD	1 Quarter
Total revenues	`Revenues`	$164.27M	USD	1 Quarter
Total revenues	`Revenues`	$189.16M	USD	1 Quarter
Total revenues	`Revenues`	$180.37M	USD	1 Quarter
Cost of services	`CostOfServices`	$446.56M	USD	Annual
Cost of services	`CostOfServices`	$113.13M	USD	1 Quarter
Cost of services	`CostOfServices`	$423.39M	USD	Annual
Cost of services	`CostOfServices`	$121.64M	USD	1 Quarter
Cost of services	`CostOfServices`	$131.73M	USD	1 Quarter
Cost of services	`CostOfServices`	$114.80M	USD	1 Quarter
Cost of services	`CostOfServices`	$444.77M	USD	Annual
Cost of services	`CostOfServices`	$110.38M	USD	1 Quarter
Cost of services	`CostOfServices`	$89.65M	USD	1 Quarter
Cost of services	`CostOfServices`	$96.15M	USD	1 Quarter
Cost of services	`CostOfServices`	$113.85M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$171.65M	USD	Annual
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$147.71M	USD	Annual
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$161.79M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$4.39M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.31M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$5.36M	USD	Annual
Total operating expenses	`OperatingExpenses`	$623.57M	USD	Annual
Total operating expenses	`OperatingExpenses`	$610.95M	USD	Annual
Total operating expenses	`OperatingExpenses`	$574.40M	USD	Annual
Operating income	`OperatingIncomeLoss`	$114.65M	USD	Annual
Operating income	`OperatingIncomeLoss`	$24.86M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$27.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$19.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$96.13M	USD	Annual
Operating income	`OperatingIncomeLoss`	$27.91M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$106.50M	USD	Annual
Operating income	`OperatingIncomeLoss`	$24.91M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$28.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$25.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.68M	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`	$4.59M	USD	Annual
Interest expense	`InterestExpense`	$1.53M	USD	Annual
Interest expense	`InterestExpense`	$1.73M	USD	Annual
Interest expense	`InterestExpense`	$1.50M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$113.37M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$107.10M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$99.23M	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`	$47.70M	USD	Annual
Net income	`NetIncomeLoss`	$8.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.52M	USD	Annual
Net income	`NetIncomeLoss`	$66.35M	USD	Annual
Net income	`NetIncomeLoss`	$15.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$64.66M	USD	Annual
Unrealized gains (losses) on marketable securities, net of tax of $139, $197 and $(394) for the years ended December 31, 2017, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-592.00K	USD	Annual
Unrealized gains (losses) on marketable securities, net of tax of $139, $197 and $(394) for the years ended December 31, 2017, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$193.00K	USD	Annual
Unrealized gains (losses) on marketable securities, net of tax of $139, $197 and $(394) for the years ended December 31, 2017, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$313.00K	USD	Annual
Foreign currency translation gain (loss), net of tax of $0, $0 and $(90) for the years ended December 31, 2017, 2016 and 2015, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$890.00K	USD	Annual
Foreign currency translation gain (loss), net of tax of $0, $0 and $(90) for the years ended December 31, 2017, 2016 and 2015, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$40.00K	USD	Annual
Foreign currency translation gain (loss), net of tax of $0, $0 and $(90) for the years ended December 31, 2017, 2016 and 2015, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-63.00K	USD	Annual
Net current-period other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$353.00K	USD	Annual
Net current-period other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$130.00K	USD	Annual
Net current-period other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$298.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$51.65M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$66.65M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$65.01M	USD	Annual
Basic	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.32	USD	Annual
Basic	`EarningsPerShareBasic`	$1.66	USD	Annual
Basic	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.71	USD	Annual
Basic	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.32	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.69	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.66	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.99M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.90M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.85M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.16M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.10M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.03M	shares	Annual

Cash Flow Statement 130 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$15.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$64.66M	USD	Annual
Net income	`NetIncomeLoss`	$15.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.35M	USD	Annual
Net income	`NetIncomeLoss`	$17.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.52M	USD	Annual
Net income	`NetIncomeLoss`	$14.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.48M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$5.36M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.31M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$4.39M	USD	Annual
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$219.00K	USD	Annual
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$47.00K	USD	Annual
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$281.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$7.11M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$7.04M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$9.14M	USD	Annual
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$65.00K	USD	Annual
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$12.82M	USD	Annual
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-483.00K	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
Net realized losses (gains) on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$2.00K	USD	Annual
Tax benefit from stock-based award activity	`TaxBenefitFromStockBasedAwardActivity`	-	USD	Annual
Tax benefit from stock-based award activity	`TaxBenefitFromStockBasedAwardActivity`	$2.71M	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`	$-444.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-108.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-509.00K	USD	Annual
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-70.00K	USD	Annual
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.47M	USD	Annual
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$4.78M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.57M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$6.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$552.00K	USD	Annual
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$2.11M	USD	Annual
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$4.21M	USD	Annual
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$5.43M	USD	Annual
Assets held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	$1.51M	USD	Annual
Assets held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	$1.26M	USD	Annual
Assets held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	$700.00K	USD	Annual
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$8.03M	USD	Annual
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$803.00K	USD	Annual
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$13.66M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-912.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$964.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-572.00K	USD	Annual
Income tax receivable (payable)	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$126.00K	USD	Annual
Income tax receivable (payable)	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-2.87M	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`	$1.78M	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`	$8.43M	USD	Annual
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$1.48M	USD	Annual
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$660.00K	USD	Annual
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$-30.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$66.54M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$74.49M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$72.12M	USD	Annual
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$107.90M	USD	Annual
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$65.09M	USD	Annual
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$146.05M	USD	Annual
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$44.75M	USD	Annual
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$137.59M	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`	$12.00K	USD	Annual
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$27.00K	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`	$481.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.80M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.47M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.55M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$40.00K	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$10.00K	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$19.82M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-126.93M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-27.34M	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`	$976.00K	USD	Annual
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$653.00K	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`	$5.57M	USD	Annual
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.45M	USD	Annual
Excess tax benefit from stock-based award activity	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$10.48M	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
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$986.00K	USD	Annual
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$894.00K	USD	Annual
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$938.00K	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 cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-5.78M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$33.41M	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
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$149.16M	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 beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$220.79M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$220.79M	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`	$96.19M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$149.16M	USD	Point-in-time
Interest paid during the period	`InterestPaid`	$868.00K	USD	Annual
Interest paid during the period	`InterestPaid`	$628.00K	USD	Annual
Interest paid during the period	`InterestPaid`	$1.91M	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$37.35M	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$35.00M	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`	$243.00K	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
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
Property and equipment additions incurred but not yet paid included in accounts payable and accrued expenses	`NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions`	$359.00K	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
Settlements of deferred compensation obligation with trust assets	`SettlementsOfDeferredCompensationObligationWithTrustAssets`	-	USD	Annual

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Cumulative effect of a change in accounting principle, net of tax	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$33.00K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$258.85M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$188.99M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$314.89M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$116.81M	USD	Point-in-time
Balance at January 1, 2017, as adjusted	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1`	$258.89M	USD	Point-in-time
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$65.01M	USD	Annual
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$66.65M	USD	Annual
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$51.65M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.04M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$9.14M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.11M	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`	$653.00K	USD	Annual
Issuance of common stock pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$673.00K	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 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	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.57M	USD	Annual
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.73M	USD	Annual
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.45M	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
Ending Balance	`StockholdersEquity`	$258.85M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$188.99M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$314.89M	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 gains (losses) on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-394.00K	USD	Annual
Unrealized gains (losses) on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$197.00K	USD	Annual
Unrealized gains (losses) on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$139.00K	USD	Annual
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	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.