10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001193125-18-322891`
Period End Date	20180930
Filing Date	20181109
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	mmi-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 76 Cash Flow Statement 82 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`	$181.02M	USD	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$5.55M	USD	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$9.59M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.52M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.66M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	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`	$1.31M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$73.56M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.65M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.37M	shares	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$120.70M	USD	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$7.57M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.65M	shares	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$5.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$321.36M	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`	$14.52M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.15M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.17M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$52.10M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$85.14M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$9.12M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$8.79M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$23.64M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$22.64M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	-	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$5.64M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$23.16M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$32.57M	USD	Point-in-time
Total assets	`Assets`	$510.13M	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`	$8.78M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$1.09M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$1.03M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$29.84M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$49.18M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$5.96M	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`	$23.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$68.77M	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`	$45.42M	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`	$4.50M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$6.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$127.44M	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 September 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 September 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 - 38,651,360 and 38,374,011 at September 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 - 38,651,360 and 38,374,011 at September 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`	$97.38M	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`	$285.12M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$940.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$200.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$314.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$382.69M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$510.13M	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`	$516.92M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$584.53M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$183.34M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$210.59M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$314.83M	USD	3 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$114.80M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$132.90M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$354.41M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.66M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$129.39M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$42.48M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$145.79M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$4.53M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.38M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.65M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.98M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$504.74M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$158.66M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$183.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$448.19M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$27.38M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.68M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$68.73M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$79.80M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$5.06M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$2.13M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$1.17M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$3.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$342.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.05M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.13M	USD	3 Qtrs
Interest expense	`InterestExpense`	$370.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.48M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$70.61M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.80M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.17M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.31M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.77M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.01M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.56M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.04M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$20.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.03M	USD	3 Qtrs
Unrealized (losses) gains on marketable securities, net of tax of $(38), $66, $(259) and $242 for the three months ended September 30, 2018 and 2017 and the nine months ended September 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$325.00K	USD	3 Qtrs
Unrealized (losses) gains on marketable securities, net of tax of $(38), $66, $(259) and $242 for the three months ended September 30, 2018 and 2017 and the nine months ended September 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-771.00K	USD	3 Qtrs
Unrealized (losses) gains on marketable securities, net of tax of $(38), $66, $(259) and $242 for the three months ended September 30, 2018 and 2017 and the nine months ended September 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$104.00K	USD	1 Quarter
Unrealized (losses) gains on marketable securities, net of tax of $(38), $66, $(259) and $242 for the three months ended September 30, 2018 and 2017 and the nine months ended September 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-115.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three months ended September 30, 2018 and 2017 and each of the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-29.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three months ended September 30, 2018 and 2017 and each of the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$44.00K	USD	3 Qtrs
Foreign currency translation (loss) gain, net of tax of $0 for each of the three months ended September 30, 2018 and 2017 and each of the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-40.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three months ended September 30, 2018 and 2017 and each of the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-65.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$64.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-727.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$260.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-144.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.30M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.30M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.71M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.54M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.10	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.56	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.55	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.10	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.03M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.19M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.15M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.99M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.36M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.14M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.20M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.48M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$61.03M	USD	3 Qtrs
Net income	`ProfitLoss`	$43.04M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.38M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.65M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.98M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$4.53M	USD	3 Qtrs
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$81.00K	USD	1 Quarter
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$87.00K	USD	1 Quarter
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$33.00K	USD	3 Qtrs
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$52.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.92M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.17M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.54M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-735.00K	USD	3 Qtrs
Net realized (gains) losses on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$2.00K	USD	3 Qtrs
Net realized (gains) losses on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$12.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$46.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$148.00K	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-4.18M	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-594.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.27M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.15M	USD	3 Qtrs
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$-875.00K	USD	3 Qtrs
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$1.83M	USD	3 Qtrs
Asset held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	-	USD	3 Qtrs
Asset held in rabbi trust	`IncreaseDecreaseAssetsInRabbiTrustAccount`	$700.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$12.78M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$9.07M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-1.36M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-1.55M	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-7.27M	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-2.48M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.76M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-558.00K	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-23.74M	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-16.76M	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$817.00K	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$476.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$55.01M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.34M	USD	3 Qtrs
Acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.99M	USD	3 Qtrs
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$37.56M	USD	3 Qtrs
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$168.67M	USD	3 Qtrs
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$88.03M	USD	3 Qtrs
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$14.95M	USD	3 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$432.00K	USD	3 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$126.00K	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$9.00K	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$12.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$10.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.99M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.57M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.01M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-92.32M	USD	3 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.44M	USD	3 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.78M	USD	3 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$392.00K	USD	3 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$356.00K	USD	3 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$986.00K	USD	3 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$1.03M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.04M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.46M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-39.77M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.71M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$182.66M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.02M	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`	$187.37M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.02M	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`	$182.66M	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`	$1.90M	USD	3 Qtrs
Interest paid during the period	`InterestPaidNet`	$2.18M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$16.24M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$23.55M	USD	3 Qtrs
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$-192.00K	USD	3 Qtrs
Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable	`ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable`	$-243.00K	USD	3 Qtrs
Change in property and equipment included in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherLiabilitiesRelatedToPropertyAndEquipmentAdditions`	$-708.00K	USD	3 Qtrs
Change in property and equipment included in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherLiabilitiesRelatedToPropertyAndEquipmentAdditions`	$203.00K	USD	3 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$314.89M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$382.69M	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`	$15.54M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.71M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.30M	USD	3 Qtrs
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.30M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$8.92M	USD	3 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$356.00K	USD	3 Qtrs
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	3 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.78M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$314.89M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$382.69M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Unrealized (losses) gains on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$66.00K	USD	1 Quarter
Unrealized (losses) gains on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-259.00K	USD	3 Qtrs
Unrealized (losses) gains on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-38.00K	USD	1 Quarter
Unrealized (losses) gains on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$242.00K	USD	3 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter

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