10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001193125-18-243380`
Period End Date	20180630
Filing Date	20180809
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	mmi-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 76 Cash Flow Statement 83 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`	$220.79M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$240.02M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$6.87M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$9.59M	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
Prepaid expenses	`PrepaidExpenseCurrent`	$9.66M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.65M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.31M	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`	-	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$85.49M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.37M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.62M	shares	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$73.56M	USD	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$5.53M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.62M	shares	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$4.92M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$344.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$320.43M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$15.39M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$14.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.15M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.16M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$31.92M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$52.10M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$8.89M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$8.79M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$21.37M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$22.64M	USD	Point-in-time
Goodwill and other intangible assets	`IntangibleAssetsNetIncludingGoodwill`	-	USD	Point-in-time
Goodwill and other intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$5.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$29.25M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$23.16M	USD	Point-in-time
Total assets	`Assets`	$474.17M	USD	Point-in-time
Total assets	`Assets`	$459.66M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$9.20M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$8.28M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$1.03M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$1.09M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$49.18M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$34.11M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$217.00K	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$23.84M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$16.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$83.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$60.60M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$41.56M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$49.36M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$7.65M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$6.56M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$6.55M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$4.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$144.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$115.27M	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 June 30, 2018 and December 31, 2017, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at June 30, 2018 and December 31, 2017, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 38,621,712 and 38,374,011 at June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 38,621,712 and 38,374,011 at June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$89.88M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$94.29M	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`	$264.26M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$940.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$344.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$314.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$358.90M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$474.17M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$459.66M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$180.37M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$199.40M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$373.94M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$333.58M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$200.02M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$110.38M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$221.52M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$119.87M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$86.91M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$49.08M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$97.13M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$43.69M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.30M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.60M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.88M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$321.53M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$170.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$289.54M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$155.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$28.95M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$44.05M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$25.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$52.41M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$997.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$1.83M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$2.93M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$1.72M	USD	1 Quarter
Interest expense	`InterestExpense`	$374.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$756.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$712.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$352.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$54.63M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$30.32M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.12M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.62M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.05M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.46M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.55M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.18M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$27.57M	USD	2 Qtrs
Unrealized (losses) gains on marketable securities, net of tax of $(57), $111, $(221) and $176 for the three months ended June 30, 2018 and 2017 and the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-164.00K	USD	1 Quarter
Unrealized (losses) gains on marketable securities, net of tax of $(57), $111, $(221) and $176 for the three months ended June 30, 2018 and 2017 and the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-656.00K	USD	2 Qtrs
Unrealized (losses) gains on marketable securities, net of tax of $(57), $111, $(221) and $176 for the three months ended June 30, 2018 and 2017 and the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$174.00K	USD	1 Quarter
Unrealized (losses) gains on marketable securities, net of tax of $(57), $111, $(221) and $176 for the three months ended June 30, 2018 and 2017 and the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$221.00K	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax of $0 for each of the three months ended June 30, 2018 and 2017 and each of the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$73.00K	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax of $0 for each of the three months ended June 30, 2018 and 2017 and each of the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-23.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of tax of $0 for each of the three months ended June 30, 2018 and 2017 and each of the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-25.00K	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax of $0 for each of the three months ended June 30, 2018 and 2017 and each of the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$34.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-583.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$196.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-130.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$151.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$27.77M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.59M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.04M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.71	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.03	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.70	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.02	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.12M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.00M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.98M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.15M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.38M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.13M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.30M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.12M	shares	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$27.57M	USD	2 Qtrs
Net income	`ProfitLoss`	$40.18M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.30M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.60M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.88M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.50M	USD	1 Quarter
(Recovery) provision for bad debt expense	`RecoveryOfBadDebts`	$54.00K	USD	2 Qtrs
(Recovery) provision for bad debt expense	`RecoveryOfBadDebts`	$29.00K	USD	2 Qtrs
(Recovery) provision for bad debt expense	`RecoveryOfBadDebts`	$-77.00K	USD	1 Quarter
(Recovery) provision for bad debt expense	`RecoveryOfBadDebts`	$10.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$5.77M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.98M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.14M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.49M	USD	2 Qtrs
Net realized (gains) losses on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$12.00K	USD	2 Qtrs
Net realized (gains) losses on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$1.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-151.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-37.00K	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$44.00K	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-2.86M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.01M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.14M	USD	2 Qtrs
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$-482.00K	USD	2 Qtrs
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$1.80M	USD	2 Qtrs
Asset held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	$700.00K	USD	2 Qtrs
Asset held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	-	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.59M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.62M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-1.52M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-989.00K	USD	2 Qtrs
Income tax receivable (payable)	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-1.52M	USD	2 Qtrs
Income tax receivable (payable)	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-4.10M	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.42M	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-6.75M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-19.04M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-23.07M	USD	2 Qtrs
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$566.00K	USD	2 Qtrs
Deferred rent obligation and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$675.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.05M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$462.00K	USD	2 Qtrs
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.22M	USD	1 Quarter
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.22M	USD	2 Qtrs
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$25.51M	USD	2 Qtrs
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$57.41M	USD	2 Qtrs
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$7.21M	USD	2 Qtrs
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$64.97M	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$344.00K	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$125.00K	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$6.00K	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$6.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$10.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.38M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.42M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.01M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.40M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.71M	USD	2 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$392.00K	USD	2 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$356.00K	USD	2 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$986.00K	USD	2 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$1.03M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.39M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.23M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-23.54M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$187.37M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$163.83M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.79M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.02M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$163.83M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.02M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$187.37M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.79M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$1.88M	USD	2 Qtrs
Interest paid during the period	`InterestPaidNet`	$2.00M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$11.44M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$12.32M	USD	2 Qtrs
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$-192.00K	USD	2 Qtrs
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$-243.00K	USD	2 Qtrs
Change in property and equipment included in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherLiabilitiesRelatedToPropertyAndEquipmentAdditions`	$-179.00K	USD	2 Qtrs
Change in property and equipment included in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherLiabilitiesRelatedToPropertyAndEquipmentAdditions`	$46.00K	USD	2 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$314.89M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$358.90M	USD	Point-in-time
Cumulative effect of a change in accounting principle	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	-	USD	Point-in-time
Balance as adjusted	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1`	$314.89M	USD	Point-in-time
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.04M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.59M	USD	2 Qtrs
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$27.77M	USD	2 Qtrs
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.72M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$5.77M	USD	2 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$356.00K	USD	2 Qtrs
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	2 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.71M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$314.89M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$358.90M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Unrealized (losses) gains on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$111.00K	USD	1 Quarter
Unrealized (losses) gains on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-221.00K	USD	2 Qtrs
Unrealized (losses) gains on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$176.00K	USD	2 Qtrs
Unrealized (losses) gains on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-57.00K	USD	1 Quarter
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter

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