10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001193125-20-288632`
Period End Date	20200930
Filing Date	20201109
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	d76114d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 84 Cash Flow Statement 84 Stockholders Equity 38 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`	$169.24M	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`	$232.67M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$44.25M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$59.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.11M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableNetCurrent`	$6.85M	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableNetCurrent`	$5.00M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.68M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.69M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	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
Income tax receivable	`IncomeTaxesReceivable`	$10.02M	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 $169,239 and $150,517 at September 30, 2020 and December 31, 2019, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$169.51M	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 $169,239 and $150,517 at September 30, 2020 and December 31, 2019, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$150.75M	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
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$2.09M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$2.88M	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
Other assets	`OtherAssetsCurrent`	$3.19M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$3.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$373.29M	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`	$410.17M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.64M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.15M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.38M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.37M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.38M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$82.20M	USD	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
Marketable debt securities, available-for-sale (includes amortized cost of $44,246 and $59,468 at September 30, 2020 and December 31, 2019, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$46.51M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $44,246 and $59,468 at September 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`	$9.47M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$9.45M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$22.12M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$15.84M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$22.31M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$36.88M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$66.65M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$104.25M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.35M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.32M	USD	Point-in-time
Total assets	`Assets`	$709.03M	USD	Point-in-time
Total assets	`Assets`	$696.12M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$10.60M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$10.79M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	-	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$6.56M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$44.30M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$37.24M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.76M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.95M	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`	$10.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$76.04M	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`	$33.92M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$57.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$63.16M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$8.13M	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`	$175.09M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value Authorized shares 25,000,000; issued and outstanding shares none at September 30, 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 September 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 39,376,477 and 39,153,195 at September 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 39,376,477 and 39,153,195 at September 30, 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`	$110.62M	USD	Point-in-time
Stock notes receivable from employees	`StockNotesReceivableFromEmployees`	$4.00K	USD	Point-in-time
Stock notes receivable from employees	`StockNotesReceivableFromEmployees`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$407.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$388.27M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.98M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$494.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$472.10M	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 stockholders' equity	`StockholdersEquity`	$521.03M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$512.91M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$709.03M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$696.12M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$158.57M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$568.52M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$466.69M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$198.22M	USD	1 Quarter
Cost of services	`ServicesCost`	$99.71M	USD	1 Quarter
Cost of services	`ServicesCost`	$343.68M	USD	3 Qtrs
Cost of services	`ServicesCost`	$287.21M	USD	3 Qtrs
Cost of services	`ServicesCost`	$124.15M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$49.72M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$148.10M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$149.84M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$48.09M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.82M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.67M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.91M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$499.20M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$443.13M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$174.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$152.03M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.54M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$69.32M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$23.56M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$1.61M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$4.22M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$2.57M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$9.07M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.02M	USD	3 Qtrs
Interest expense	`InterestExpense`	$199.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$695.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$329.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.09M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.37M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.96M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$21.16M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.02M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.92M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.88M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.22M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$56.21M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.04M	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-30.00K	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$160.00K	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.87M	USD	3 Qtrs
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$687.00K	USD	3 Qtrs
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-8.00K	USD	1 Quarter
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$41.00K	USD	3 Qtrs
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$23.00K	USD	1 Quarter
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-32.00K	USD	3 Qtrs
Net change, net of tax of $(7), $46, $246 and $617 for the three and nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$719.00K	USD	3 Qtrs
Net change, net of tax of $(7), $46, $246 and $617 for the three and nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-22.00K	USD	1 Quarter
Net change, net of tax of $(7), $46, $246 and $617 for the three and nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.83M	USD	3 Qtrs
Net change, net of tax of $(7), $46, $246 and $617 for the three and nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$137.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and nine months ended September 30, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-200.00K	USD	3 Qtrs
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and nine months ended September 30, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$254.00K	USD	3 Qtrs
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and nine months ended September 30, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-214.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and nine months ended September 30, 2020 and 2019	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$114.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$973.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.63M	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-236.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$251.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$57.84M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.19M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.54M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.43	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.49	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.48	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.42	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.62M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.38M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.44M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.68M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.68M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.73M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.55M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.53M	shares	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$56.21M	USD	3 Qtrs
Net income	`ProfitLoss`	$19.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.82M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.67M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.91M	USD	1 Quarter
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$15.43M	USD	3 Qtrs
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$16.88M	USD	3 Qtrs
Credit loss expense	`CreditLossExpenseReversal`	$55.00K	USD	3 Qtrs
Credit loss expense	`CreditLossExpenseReversal`	$75.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.04M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.55M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$6.05M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$3.83M	USD	3 Qtrs
Unrealized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-276.00K	USD	3 Qtrs
Unrealized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	-	USD	3 Qtrs
Net realized gains on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$70.00K	USD	3 Qtrs
Net realized gains on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$180.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-489.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-930.00K	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.37M	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.93M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.43M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.99M	USD	3 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$36.91M	USD	3 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$20.38M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.09M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.92M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-1.37M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$103.00K	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$12.27M	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$5.02M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-11.31M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.14M	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-24.41M	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-17.59M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-13.50M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-12.72M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$702.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-19.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.05M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.27M	USD	3 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.82M	USD	3 Qtrs
Purchases of marketable debt securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$179.22M	USD	3 Qtrs
Purchases of marketable debt securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$115.74M	USD	3 Qtrs
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$143.64M	USD	3 Qtrs
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$175.23M	USD	3 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$200.00K	USD	3 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$243.00K	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$28.00K	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$90.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.41M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.64M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.38M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$21.08M	USD	3 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.69M	USD	3 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.96M	USD	3 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$338.00K	USD	3 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$371.00K	USD	3 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$1.09M	USD	3 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$6.56M	USD	3 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.25M	USD	3 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$185.00K	USD	3 Qtrs
Principal payments on contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Principal payments on contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$420.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.82M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.63M	USD	3 Qtrs
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-92.00K	USD	3 Qtrs
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.40M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-59.56M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.08M	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`	$173.11M	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`	$173.11M	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`	$226.08M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$1.21M	USD	3 Qtrs
Interest paid during the period	`InterestPaidNet`	$2.09M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$6.85M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$29.60M	USD	3 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$494.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$472.10M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$450.51M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$409.57M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$521.03M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$512.91M	USD	Point-in-time
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$20.19M	USD	3 Qtrs
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$19.54M	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$5.80M	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$57.84M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.04M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.38M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.55M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.11M	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	-	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	-	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$371.00K	USD	3 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$338.00K	USD	3 Qtrs
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	3 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	3 Qtrs
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	1 Quarter
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
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.69M	USD	3 Qtrs
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$70.00K	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.96M	USD	3 Qtrs
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$66.00K	USD	1 Quarter
Reduction of stock notes receivable from employees	`ReductionOfStockNotesReceivableFromEmployees`	$4.00K	USD	3 Qtrs
Reduction of stock notes receivable from employees	`ReductionOfStockNotesReceivableFromEmployees`	-	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$409.57M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$450.51M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$521.03M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$494.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$472.10M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$512.91M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$246.00K	USD	3 Qtrs
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$617.00K	USD	3 Qtrs
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$46.00K	USD	1 Quarter
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-7.00K	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs

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