10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001193125-19-217380`
Period End Date	20190630
Filing Date	20190809
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	d46060d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 84 Cash Flow Statement 78 Stockholders Equity 38 Comprehensive Income 8

Balance Sheet 94 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`	$214.68M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$206.76M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$5.77M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Commissions receivable	`CommissionsReceivableCurrent`	$4.95M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$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`	$7.90M	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
Income tax receivable	`IncomeTaxesReceivable`	$4.76M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$137.44M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$118.91M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.81M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.09M	shares	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$6.23M	USD	Point-in-time
Other assets, net	`OtherAssetsCurrent`	$6.37M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.81M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.09M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$352.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$371.34M	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`	$19.55M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$20.85M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$93.09M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$80.33M	USD	Point-in-time
Marketable securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$83.21M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$8.27M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$9.12M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$22.96M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$18.52M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$15.38M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$14.89M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$31.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$50.84M	USD	Point-in-time
Total assets	`Assets`	$639.67M	USD	Point-in-time
Total assets	`Assets`	$566.38M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$11.12M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$11.04M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$6.56M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$1.09M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$31.64M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$47.91M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$4.49M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.40M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$14.05M	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`	$80.77M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$38.96M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$49.89M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	-	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$6.56M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$67.43M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$2.00M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$7.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$189.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$156.81M	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, 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 June 30, 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 39,090,861 and 38,814,464 at June 30, 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 39,090,861 and 38,814,464 at June 30, 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`	$100.10M	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`	$311.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$348.26M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$775.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.16M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$358.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$409.57M	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`	$450.51M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$333.41M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$639.67M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$566.38M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$373.94M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$370.30M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$209.59M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$199.40M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$127.85M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$119.87M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$221.52M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$219.53M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$52.84M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$101.75M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$97.13M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$49.08M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.93M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.76M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.88M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$182.62M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$321.53M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$170.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$325.05M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$52.41M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$26.98M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$45.25M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$28.95M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$6.49M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$1.72M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$3.12M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$2.93M	USD	2 Qtrs
Interest expense	`InterestExpense`	$712.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$352.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$689.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$340.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$51.05M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.76M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$30.32M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$54.63M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.13M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.48M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.15M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.46M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$40.18M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$36.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$21.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.17M	USD	1 Quarter
Change in unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.71M	USD	2 Qtrs
Change in unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-172.00K	USD	1 Quarter
Change in unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$856.00K	USD	1 Quarter
Change in unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-664.00K	USD	2 Qtrs
Less: reclassification adjustment for net (gains) losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$9.00K	USD	1 Quarter
Less: reclassification adjustment for net (gains) losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-8.00K	USD	2 Qtrs
Less: reclassification adjustment for net (gains) losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$18.00K	USD	2 Qtrs
Less: reclassification adjustment for net (gains) losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-8.00K	USD	1 Quarter
Net change, net of tax of $283, $(57), $571 and $(221) for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$847.00K	USD	1 Quarter
Net change, net of tax of $283, $(57), $571 and $(221) for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-164.00K	USD	1 Quarter
Net change, net of tax of $283, $(57), $571 and $(221) for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.70M	USD	2 Qtrs
Net change, net of tax of $283, $(57), $571 and $(221) for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-656.00K	USD	2 Qtrs
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2019 and 2018	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$34.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2019 and 2018	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$73.00K	USD	2 Qtrs
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2019 and 2018	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-314.00K	USD	2 Qtrs
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2019 and 2018	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-216.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-583.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.38M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$631.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-130.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.04M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.30M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.59M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.94	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.03	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.93	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.54	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.02	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.40M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.15M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.35M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.12M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.52M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.30M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.38M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.53M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$36.92M	USD	2 Qtrs
Net income	`ProfitLoss`	$40.18M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.93M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.76M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.88M	USD	2 Qtrs
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$10.24M	USD	2 Qtrs
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	-	USD	2 Qtrs
Recovery of bad debt expense	`RecoveryOfBadDebts`	$29.00K	USD	2 Qtrs
Recovery of bad debt expense	`RecoveryOfBadDebts`	$13.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.93M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.77M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$3.86M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.49M	USD	2 Qtrs
Net realized gains on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$12.00K	USD	2 Qtrs
Net realized gains on marketable securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$12.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-151.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$228.00K	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-2.86M	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$820.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.69M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.01M	USD	2 Qtrs
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	-	USD	2 Qtrs
Prepaid rent	`IncreaseDecreaseInPrepaidRent`	$-482.00K	USD	2 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$21.37M	USD	2 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$3.59M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-1.52M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$14.00K	USD	2 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$9.25M	USD	2 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-1.52M	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-14.23M	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-6.75M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-23.07M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-28.29M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-8.17M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	-	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$-24.00K	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations`	$675.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.36M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.05M	USD	2 Qtrs
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.22M	USD	2 Qtrs
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$57.41M	USD	2 Qtrs
Purchases of marketable securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$79.36M	USD	2 Qtrs
Proceeds from sales and maturities of marketable securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$103.11M	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`	$125.00K	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$6.00K	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.13M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.64M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.42M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$19.63M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.71M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.62M	USD	2 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$356.00K	USD	2 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$338.00K	USD	2 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$1.03M	USD	2 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$1.09M	USD	2 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$-185.00K	USD	2 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.19M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.39M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.92M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.23M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.68M	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`	$206.76M	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`	$206.76M	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`	$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`	$1.97M	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`	$19.52M	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$358.90M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$409.57M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$314.89M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$426.09M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$450.51M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$333.41M	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`	$39.59M	USD	2 Qtrs
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.30M	USD	2 Qtrs
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.91M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.04M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$5.77M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$3.16M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$4.93M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.58M	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$356.00K	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$338.00K	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$356.00K	USD	2 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$338.00K	USD	2 Qtrs
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	2 Qtrs
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	2 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.71M	USD	2 Qtrs
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.62M	USD	2 Qtrs
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$64.00K	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$412.00K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$426.09M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$314.89M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$450.51M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$358.90M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$409.57M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$333.41M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Marketable securities net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$571.00K	USD	2 Qtrs
Marketable securities net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-57.00K	USD	1 Quarter
Marketable securities net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$283.00K	USD	1 Quarter
Marketable securities net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-221.00K	USD	2 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs

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