10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001193125-20-138459`
Period End Date	20200331
Filing Date	20200511
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	d183092d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 42 Cash Flow Statement 76 Stockholders Equity 18 Comprehensive Income 4

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$143.12M	USD	Point-in-time
Allowance for credit losses, current	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossCurrent`	-	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$44.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$232.67M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$189.76M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableCurrent`	$5.00M	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableCurrent`	$3.60M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.68M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.07M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$929.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$5.00M	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost and an allowance for credit losses of $143,115 and $0, respectively, at March 31, 2020)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$150.75M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost and an allowance for credit losses of $143,115 and $0, respectively, at March 31, 2020)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$143.86M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansCurrent`	$1.97M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Advances and loans, net	`AdvancesAndLoansCurrent`	$2.88M	USD	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
Other assets	`OtherAssetsCurrent`	$3.19M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$2.87M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$352.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$410.17M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.15M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.64M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.27M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.17M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$88.45M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.27M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.15M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$90.53M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost and an allowance for credit losses of $44,954 and $0, respectively, at March 31, 2020)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$45.21M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost and an allowance for credit losses of $44,954 and $0, respectively, at March 31, 2020)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$60.81M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$7.99M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$9.45M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$20.96M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$22.12M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$22.31M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$31.25M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNonCurrent`	$96.86M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNonCurrent`	$66.65M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.37M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.35M	USD	Point-in-time
Total assets	`Assets`	$709.03M	USD	Point-in-time
Total assets	`Assets`	$670.33M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$10.64M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$10.79M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$6.56M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$6.56M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$25.25M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$44.30M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.71M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.76M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$22.39M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$5.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$65.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$101.81M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$28.22M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$45.63M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$63.16M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$61.68M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.54M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$5.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$214.13M	USD	Point-in-time
Total liabilities	`Liabilities`	$161.04M	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, 2020 and December 31, 2019, 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, 2020 and December 31, 2019, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value Authorized shares 150,000,000; issued and outstanding shares 39,272,429 and 39,153,195 at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value Authorized shares 150,000,000; issued and outstanding shares 39,272,429 and 39,153,195 at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$104.66M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$105.60M	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`	$388.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$401.31M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.98M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$426.09M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$409.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$494.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$509.29M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$670.33M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$709.03M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$160.71M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$190.72M	USD	1 Quarter
Cost of services	`ServicesCost`	$113.76M	USD	1 Quarter
Cost of services	`ServicesCost`	$91.69M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.92M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$54.86M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.46M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.83M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$171.08M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$142.44M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$19.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$18.27M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-366.00K	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$3.38M	USD	1 Quarter
Interest expense	`InterestExpense`	$283.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$349.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.30M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.99M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.66M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.64M	USD	1 Quarter
Change in unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-497.00K	USD	1 Quarter
Change in unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$858.00K	USD	1 Quarter
Less: reclassification adjustment for net losses (gains) included in other (expense) income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-11.00K	USD	1 Quarter
Less: reclassification adjustment for net losses (gains) included in other (expense) income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$9.00K	USD	1 Quarter
Net change, net of tax of $(168) and $288 for the three months ended March 31, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$849.00K	USD	1 Quarter
Net change, net of tax of $(168) and $288 for the three months ended March 31, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-486.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of tax of $0 for each of the three months ended March 31, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-98.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of tax of $0 for each of the three months ended March 31, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$891.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$751.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$405.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.47M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.39M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.31M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.54M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.52M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.65M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$13.07M	USD	1 Quarter
Net income	`ProfitLoss`	$15.64M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.46M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.83M	USD	1 Quarter
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$5.08M	USD	1 Quarter
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$5.50M	USD	1 Quarter
Credit loss recovery	`CreditLossExpenseReversal`	$-104.00K	USD	1 Quarter
Credit loss recovery	`CreditLossExpenseReversal`	$-120.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.63M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.34M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$2.24M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.34M	USD	1 Quarter
Unrealized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.02M	USD	1 Quarter
Unrealized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	-	USD	1 Quarter
Net realized (gains) losses on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$-12.00K	USD	1 Quarter
Net realized (gains) losses on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$53.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-485.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-28.00K	USD	1 Quarter
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.17M	USD	1 Quarter
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-1.35M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.58M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$929.00K	USD	1 Quarter
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$6.66M	USD	1 Quarter
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$29.44M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$100.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.15M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-923.00K	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$2.07M	USD	1 Quarter
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-4.07M	USD	1 Quarter
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-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`	$-17.04M	USD	1 Quarter
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-33.90M	USD	1 Quarter
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-35.84M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-4.48M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-4.11M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-262.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$67.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-52.79M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.60M	USD	1 Quarter
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.00M	USD	1 Quarter
Purchases of marketable debt securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$30.12M	USD	1 Quarter
Purchases of marketable debt securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$28.92M	USD	1 Quarter
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$50.62M	USD	1 Quarter
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$55.83M	USD	1 Quarter
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	1 Quarter
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$211.00K	USD	1 Quarter
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.00K	USD	1 Quarter
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.40M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.64M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$24.07M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$13.10M	USD	1 Quarter
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.69M	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 liability	`PaymentsOnStockAppreciationRights`	$1.25M	USD	1 Quarter
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$-186.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.03M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.94M	USD	1 Quarter
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	1 Quarter
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-274.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.55M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-42.91M	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`	$214.68M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.67M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.76M	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`	$214.68M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.67M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.76M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$845.00K	USD	1 Quarter
Interest paid during the period	`InterestPaidNet`	$1.75M	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$296.00K	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$503.00K	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$426.09M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$409.57M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$494.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$509.29M	USD	Point-in-time
Cumulative effect of a change in accounting principle, net of tax	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-33.00K	USD	Point-in-time
Balance as adjusted	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1`	$494.87M	USD	Point-in-time
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$13.47M	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$16.39M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.34M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.63M	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`	$2.21M	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.69M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$426.09M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$409.57M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$494.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$509.29M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Marketable debt securities net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$288.00K	USD	1 Quarter
Marketable debt securities net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-168.00K	USD	1 Quarter
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
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.