10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001193125-19-143551`
Period End Date	20190331
Filing Date	20190510
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	mmi-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 42 Cash Flow Statement 68 Stockholders Equity 18 Comprehensive Income 4

Balance Sheet 90 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`	$198.13M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$214.68M	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$6.12M	USD	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$4.95M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.83M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.90M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$137.44M	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
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$121.06M	USD	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$6.37M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.04M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.81M	shares	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$6.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$371.34M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.04M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.81M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$340.17M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	$13.89M	USD	Point-in-time
Prepaid rent	`PrepaidRent`	-	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.94M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.55M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$83.91M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$83.21M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$75.04M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$8.94M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$8.27M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$22.96M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$20.43M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$15.13M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$15.38M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$31.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$39.95M	USD	Point-in-time
Total assets	`Assets`	$566.38M	USD	Point-in-time
Total assets	`Assets`	$603.52M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$13.18M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$11.04M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$1.09M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$1.09M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$25.92M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$47.91M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$7.60M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$4.49M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.36M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.22M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$28.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$92.86M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$73.36M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$36.91M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$49.89M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$6.56M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$6.56M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$58.49M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$2.10M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$7.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$156.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$177.42M	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 March 31, 2019 and December 31, 2018, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at March 31, 2019 and December 31, 2018, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 39,042,434 and 38,814,464 at March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 39,042,434 and 38,814,464 at March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$97.46M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$97.59M	USD	Point-in-time
Stock notes receivable from employees	`StockNotesReceivableFromEmployees`	$4.00K	USD	Point-in-time
Stock notes receivable from employees	`StockNotesReceivableFromEmployees`	$4.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$326.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$311.34M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$775.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.53M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$314.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$426.09M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$333.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$409.57M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$566.38M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$603.52M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$174.54M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$160.71M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$101.65M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$91.69M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.05M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.92M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.38M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.83M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$142.44M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$151.08M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$23.46M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$18.27M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$3.38M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$1.21M	USD	1 Quarter
Interest expense	`InterestExpense`	$349.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$360.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.31M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.66M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.01M	USD	1 Quarter
Change in unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-492.00K	USD	1 Quarter
Change in unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$858.00K	USD	1 Quarter
Less: reclassification adjustment for net gains included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$9.00K	USD	1 Quarter
Less: reclassification adjustment for net gains included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net change, net of tax of $288 and $(164) for the three months ended March 31, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$849.00K	USD	1 Quarter
Net change, net of tax of $288 and $(164) for the three months ended March 31, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-492.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three months ended March 31, 2019 and 2018	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-98.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three months ended March 31, 2019 and 2018	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$39.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-453.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$751.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.39M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.56M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.31M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.09M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.25M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.52M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$18.01M	USD	1 Quarter
Net income	`ProfitLoss`	$15.64M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.38M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.83M	USD	1 Quarter
Recovery for bad debt expense	`RecoveryOfBadDebts`	$106.00K	USD	1 Quarter
Recovery for bad debt expense	`RecoveryOfBadDebts`	$104.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.61M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.34M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.75M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$2.24M	USD	1 Quarter
Net realized losses on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$-12.00K	USD	1 Quarter
Net realized losses on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	-	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-55.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$48.00K	USD	1 Quarter
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-6.74M	USD	1 Quarter
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.17M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.23M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$929.00K	USD	1 Quarter
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$-199.00K	USD	1 Quarter
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	-	USD	1 Quarter
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$2.11M	USD	1 Quarter
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$8.81M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-2.68M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$2.07M	USD	1 Quarter
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.44M	USD	1 Quarter
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.12M	USD	1 Quarter
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-20.06M	USD	1 Quarter
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.97M	USD	1 Quarter
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-32.66M	USD	1 Quarter
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-35.84M	USD	1 Quarter
Operating lease liabilities and right-of-use assets	`IncreaseDecreaseInOperatingLeaseLiabilityAndRightOfUseAsset`	-	USD	1 Quarter
Operating lease liabilities and right-of-use assets	`IncreaseDecreaseInOperatingLeaseLiabilityAndRightOfUseAsset`	$1.05M	USD	1 Quarter
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$67.00K	USD	1 Quarter
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$131.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.60M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.99M	USD	1 Quarter
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$35.36M	USD	1 Quarter
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$30.12M	USD	1 Quarter
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$55.83M	USD	1 Quarter
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$30.07M	USD	1 Quarter
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	1 Quarter
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$125.00K	USD	1 Quarter
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.00K	USD	1 Quarter
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$3.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.64M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.36M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.78M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$24.07M	USD	1 Quarter
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.65M	USD	1 Quarter
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.21M	USD	1 Quarter
Principal payments on stock appreciation rights	`PaymentsOnStockAppreciationRights`	-	USD	1 Quarter
Principal payments on stock appreciation rights	`PaymentsOnStockAppreciationRights`	$-186.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.65M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.03M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.55M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.42M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.13M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$199.37M	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`	$214.68M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.13M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$199.37M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.68M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$1.75M	USD	1 Quarter
Interest paid during the period	`InterestPaidNet`	$1.55M	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$113.00K	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$296.00K	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$314.89M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$426.09M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$333.41M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$409.57M	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`	$16.39M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.56M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.61M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.34M	USD	1 Quarter
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	1 Quarter
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.65M	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.21M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$314.89M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$426.09M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$333.41M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$409.57M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Marketable securities net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$288.00K	USD	1 Quarter
Marketable securities net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-164.00K	USD	1 Quarter
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.