10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001193125-20-214274`
Period End Date	20200630
Filing Date	20200810
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	d101585d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 84 Cash Flow Statement 82 Stockholders Equity 41 Comprehensive Income 8

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$150.52M	USD	Point-in-time
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$169.19M	USD	Point-in-time
Allowance for credit losses, current	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossCurrent`	-	USD	Point-in-time
Allowance for credit losses, current	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.88M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$40.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$232.67M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$59.47M	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableNetCurrent`	$5.00M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableNetCurrent`	$4.96M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.68M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.39M	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
Income tax receivable	`IncomeTaxesReceivable`	$5.00M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.22M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $169,195 and $150,517 at June 30, 2020 and December 31, 2019, respectively, and $0 allowance for credit losses)	`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 of $169,195 and $150,517 at June 30, 2020 and December 31, 2019, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$169.77M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$2.88M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$1.83M	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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$3.19M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$3.62M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$410.17M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$347.67M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.15M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.43M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.33M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.64M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.33M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$90.53M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.15M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$86.03M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $40,808 and $59,468 at June 30, 2020 and December 31, 2019, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$42.78M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $40,808 and $59,468 at June 30, 2020 and December 31, 2019, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$60.81M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$9.45M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$9.08M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$22.12M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$17.71M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$22.31M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$37.83M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$66.65M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$101.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.35M	USD	Point-in-time
Total assets	`Assets`	$670.82M	USD	Point-in-time
Total assets	`Assets`	$709.03M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$10.79M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$10.91M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$6.56M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	-	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$44.30M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$25.55M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.76M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.88M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$4.21M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$22.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$58.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$101.81M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$45.63M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$31.39M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$63.16M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$60.26M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$7.70M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.54M	USD	Point-in-time
Total liabilities	`Liabilities`	$214.13M	USD	Point-in-time
Total liabilities	`Liabilities`	$157.90M	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, 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 June 30, 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 39,328,017 and 39,153,195 at June 30, 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 39,328,017 and 39,153,195 at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$108.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$104.66M	USD	Point-in-time
Stock notes receivable from employees	`StockNotesReceivableFromEmployees`	-	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`	$401.41M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.98M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$512.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$509.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$494.91M	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`	$409.57M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$670.82M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$709.03M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$117.40M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$209.59M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$308.12M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$370.30M	USD	2 Qtrs
Cost of services	`ServicesCost`	$127.85M	USD	1 Quarter
Cost of services	`ServicesCost`	$187.50M	USD	2 Qtrs
Cost of services	`ServicesCost`	$73.74M	USD	1 Quarter
Cost of services	`ServicesCost`	$219.53M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$101.75M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$52.84M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$98.38M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$43.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.76M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.93M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.22M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$182.62M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$120.01M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$325.05M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$291.10M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$26.98M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-2.61M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$45.25M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$17.02M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$3.12M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$2.61M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$2.98M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$6.49M	USD	2 Qtrs
Interest expense	`InterestExpense`	$689.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$340.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$496.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$213.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.14M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$148.00K	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
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.48M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.13M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$42.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.96M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$106.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$21.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.18M	USD	2 Qtrs
Change in unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$856.00K	USD	1 Quarter
Change in unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$717.00K	USD	2 Qtrs
Change in unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.21M	USD	1 Quarter
Change in unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.71M	USD	2 Qtrs
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$18.00K	USD	2 Qtrs
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$9.00K	USD	1 Quarter
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-13.00K	USD	1 Quarter
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-24.00K	USD	2 Qtrs
Net change, net of tax of $421, $283, $253 and $571 for the three and six months ended June 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$847.00K	USD	1 Quarter
Net change, net of tax of $421, $283, $253 and $571 for the three and six months ended June 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.70M	USD	2 Qtrs
Net change, net of tax of $421, $283, $253 and $571 for the three and six months ended June 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$741.00K	USD	2 Qtrs
Net change, net of tax of $421, $283, $253 and $571 for the three and six months ended June 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.23M	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$468.00K	USD	2 Qtrs
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-423.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-216.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-314.00K	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$631.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.21M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.38M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$804.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.30M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.38M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$910.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.91M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.94	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.33	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.93	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.33	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.54	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.35M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.63M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.40M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.59M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.67M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.52M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.53M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.66M	shares	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$13.18M	USD	2 Qtrs
Net income	`ProfitLoss`	$36.92M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.76M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.93M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.22M	USD	2 Qtrs
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$10.24M	USD	2 Qtrs
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$11.15M	USD	2 Qtrs
Credit loss recovery	`CreditLossExpenseReversal`	$-13.00K	USD	2 Qtrs
Credit loss recovery	`CreditLossExpenseReversal`	$-78.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.93M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.17M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$3.86M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$4.17M	USD	2 Qtrs
Unrealized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-557.00K	USD	2 Qtrs
Unrealized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	-	USD	2 Qtrs
Net realized (gains) losses on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$117.00K	USD	2 Qtrs
Net realized (gains) losses on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$12.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$228.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-567.00K	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$5.00K	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$820.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.26M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.69M	USD	2 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$17.61M	USD	2 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$34.15M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.75M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.06M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-1.20M	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`	$-775.00K	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-18.17M	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-14.23M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-28.29M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-31.43M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-9.02M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-8.17M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$331.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-24.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.36M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-51.85M	USD	2 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.82M	USD	2 Qtrs
Purchases of marketable debt securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$79.36M	USD	2 Qtrs
Purchases of marketable debt securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$95.27M	USD	2 Qtrs
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$103.11M	USD	2 Qtrs
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$95.03M	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$211.00K	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.00K	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`	$4.19M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$19.63M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.46M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.62M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.89M	USD	2 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$338.00K	USD	2 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$371.00K	USD	2 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$6.56M	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`	$1.25M	USD	2 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$-185.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.19M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.33M	USD	2 Qtrs
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	2 Qtrs
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-150.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-77.79M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.92M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$206.76M	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`	$214.68M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.88M	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`	$206.76M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.88M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.67M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$1.19M	USD	2 Qtrs
Interest paid during the period	`InterestPaidNet`	$1.97M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$1.01M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$19.52M	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$512.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$509.29M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$494.91M	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`	$409.57M	USD	Point-in-time
Beginning Balance, Shares	`SharesOutstanding`	0.00	shares	Point-in-time
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$910.00K	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$21.91M	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$38.30M	USD	2 Qtrs
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$14.38M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$5.17M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.54M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$4.93M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.58M	USD	1 Quarter
Stock-based compensation, Shares	`StockIssuedDuringPeriodSharesShareBasedCompensation`	0.00	shares	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`	$371.00K	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$371.00K	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	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	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.89M	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`	$200.00K	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$412.00K	USD	1 Quarter
Reduction of stock notes receivable from employees	`ReductionOfStockNotesReceivableFromEmployees`	$4.00K	USD	2 Qtrs
Reduction of stock notes receivable from employees	`ReductionOfStockNotesReceivableFromEmployees`	$4.00K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$450.51M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$426.09M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$409.57M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$509.29M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$512.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$494.91M	USD	Point-in-time
Ending Balance, Shares	`SharesOutstanding`	0.00	shares	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$421.00K	USD	1 Quarter
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$253.00K	USD	2 Qtrs
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$571.00K	USD	2 Qtrs
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$283.00K	USD	1 Quarter
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.