10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001193125-21-239122`
Period End Date	20210630
Filing Date	20210806
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	d173647d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 92 Cash Flow Statement 84 Stockholders Equity 39

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$147.14M	USD	Point-in-time
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$158.15M	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`	$243.15M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$45.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$230.41M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$95.49M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableNetCurrent`	$10.39M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableNetCurrent`	$14.95M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.15M	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`	$10.40M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $147,142 and $158,148 at June 30, 2021 and December 31, 2020, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$147.17M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $147,142 and $158,148 at June 30, 2021 and December 31, 2020, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$158.26M	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
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$2.41M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$2.66M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$5.74M	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
Other assets	`OtherAssetsCurrent`	$4.71M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$429.08M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$411.34M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.44M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.75M	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
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$84.02M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.58M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$86.42M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.40M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.40M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $95,488 and $45,181 at June 30, 2021 and December 31, 2020, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$47.77M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $95,488 and $45,181 at June 30, 2021 and December 31, 2020, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$97.51M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.58M	shares	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$11.18M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$10.29M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$21.37M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$20.71M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$52.05M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$49.84M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$114.04M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$106.91M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.18M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.99M	USD	Point-in-time
Total assets	`Assets`	$817.77M	USD	Point-in-time
Total assets	`Assets`	$779.12M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$18.29M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$20.96M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$48.17M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$58.11M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$2.38M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$3.73M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$19.19M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$20.16M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$21.01M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$23.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$120.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$115.52M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$32.19M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$38.74M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$59.41M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$61.29M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$13.82M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$11.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$220.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$232.29M	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, 2021 and December 31, 2020, 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, 2021 and December 31, 2020, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value:Authorized shares 150,000,000; issued and outstanding shares 39,578,360 and 39,401,976 at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value:Authorized shares 150,000,000; issued and outstanding shares 39,578,360 and 39,401,976 at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$117.46M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$113.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$431.08M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$477.62M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.77M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$494.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$512.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$561.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$546.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$509.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$596.85M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$817.77M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$779.12M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-164.00K	USD	2 Qtrs
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`	$421.00K	USD	1 Quarter
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$51.00K	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
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$284.95M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$308.12M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$468.92M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$117.40M	USD	1 Quarter
Cost of services	`ServicesCost`	$73.74M	USD	1 Quarter
Cost of services	`ServicesCost`	$287.69M	USD	2 Qtrs
Cost of services	`ServicesCost`	$187.50M	USD	2 Qtrs
Cost of services	`ServicesCost`	$178.59M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$113.47M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$61.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$43.52M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$98.38M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.22M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$120.01M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$407.12M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$243.34M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$291.10M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$17.02M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-2.61M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$41.60M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$61.80M	USD	2 Qtrs
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`	$1.37M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$2.41M	USD	2 Qtrs
Interest expense	`InterestExpense`	$292.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$213.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$146.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$496.00K	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.83M	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`	$63.93M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$42.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.38M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.96M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$46.54M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$106.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$31.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.18M	USD	2 Qtrs
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-475.00K	USD	2 Qtrs
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.21M	USD	1 Quarter
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$717.00K	USD	2 Qtrs
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$146.00K	USD	1 Quarter
Less: reclassification adjustment for net losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.00K	USD	2 Qtrs
Less: reclassification adjustment for net losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-24.00K	USD	2 Qtrs
Less: reclassification adjustment for net losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-13.00K	USD	1 Quarter
Less: reclassification adjustment for net losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.00K	USD	1 Quarter
Net change, net of tax of $51, $421, $(164) and $253 for the three and six months ended June 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.23M	USD	1 Quarter
Net change, net of tax of $51, $421, $(164) and $253 for the three and six months ended June 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$741.00K	USD	2 Qtrs
Net change, net of tax of $51, $421, $(164) and $253 for the three and six months ended June 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$149.00K	USD	1 Quarter
Net change, net of tax of $51, $421, $(164) and $253 for the three and six months ended June 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-472.00K	USD	2 Qtrs
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2021 and 2020	`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, 2021 and 2020	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-217.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $0 for each of the three and six months ended June 30, 2021 and 2020	`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, 2021 and 2020	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-330.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.21M	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-802.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-68.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$804.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$910.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.38M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$31.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$45.74M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.33	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.17	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.79	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.33	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.78	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.16	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.82M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.59M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.63M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.88M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.66M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.11M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.14M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.67M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$46.54M	USD	2 Qtrs
Net income	`ProfitLoss`	$13.18M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.75M	USD	1 Quarter
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$11.85M	USD	2 Qtrs
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$11.15M	USD	2 Qtrs
Credit loss recovery	`CreditLossExpenseReversal`	$-78.00K	USD	2 Qtrs
Credit loss recovery	`CreditLossExpenseReversal`	$-137.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.95M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.17M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$4.17M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$780.00K	USD	2 Qtrs
Unrealized foreign exchange (gains) losses	`ForeignCurrencyTransactionGainLossUnrealized`	$560.00K	USD	2 Qtrs
Unrealized foreign exchange (gains) losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-557.00K	USD	2 Qtrs
Net realized gains on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$117.00K	USD	2 Qtrs
Net realized gains on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$10.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-567.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-196.00K	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$4.78M	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$5.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.26M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$239.00K	USD	2 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$7.09M	USD	2 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$34.15M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.14M	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`	$4.99M	USD	2 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$1.34M	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`	$3.00M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-31.43M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-15.97M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-9.02M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-10.56M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$331.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.98M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-51.85M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.47M	USD	2 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-229.00K	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`	$199.51M	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`	$95.03M	USD	2 Qtrs
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$159.97M	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$40.00K	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$211.00K	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.00K	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$276.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.77M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.19M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.85M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.46M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.04M	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`	$369.00K	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`	-	USD	2 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$6.56M	USD	2 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.25M	USD	2 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.48M	USD	2 Qtrs
Principal payments on deferred consideration	`PaymentsOfDeferredConsideration`	$1.30M	USD	2 Qtrs
Principal payments on deferred consideration	`PaymentsOfDeferredConsideration`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.33M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.46M	USD	2 Qtrs
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-150.00K	USD	2 Qtrs
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$104.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.74M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-77.79M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.67M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$230.41M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$243.15M	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`	$243.15M	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`	$230.41M	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`	$714.00K	USD	2 Qtrs
Interest paid during the period	`InterestPaidNet`	$1.19M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$17.90M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$1.01M	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$494.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$512.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$561.67M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$546.84M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$509.29M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$596.85M	USD	Point-in-time
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$31.46M	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$45.74M	USD	2 Qtrs
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$910.00K	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$14.38M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$4.95M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.54M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.66M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$5.17M	USD	2 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$371.00K	USD	2 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$369.00K	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$369.00K	USD	2 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$371.00K	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	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	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	2 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Issuance of common stock for stock settled deferred consideration	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	USD	1 Quarter
Issuance of common stock for stock settled deferred consideration	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	USD	2 Qtrs
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.04M	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`	$311.00K	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.89M	USD	2 Qtrs
Reduction of stock notes receivable from employees	`ReductionOfStockNotesReceivableFromEmployees`	$4.00K	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$494.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$512.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$561.67M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$546.84M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$509.29M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$596.85M	USD	Point-in-time

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