10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001193125-21-321414`
Period End Date	20210930
Filing Date	20211105
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	d201798d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 92 Cash Flow Statement 86 Stockholders Equity 36

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$116.85M	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`	$281.01M	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
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$128.79M	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`	$15.38M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.15M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.23M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $116,852 and $158,148 at September 30, 2021 and December 31, 2020, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$116.90M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $116,852 and $158,148 at September 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
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$3.02M	USD	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets	`OtherAssetsCurrent`	$4.44M	USD	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`	$429.97M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.89M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.40M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$84.02M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$85.25M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.67M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.67M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $128,788 and $45,181 at September 30, 2021 and December 31, 2020, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$130.50M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.40M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $128,788 and $45,181 at September 30, 2021 and December 31, 2020, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$47.77M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$10.29M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$11.06M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$24.41M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$21.37M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$48.97M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$52.05M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$106.91M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$108.71M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.18M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.32M	USD	Point-in-time
Total assets	`Assets`	$779.12M	USD	Point-in-time
Total assets	`Assets`	$875.08M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$20.02M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$18.29M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$58.11M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$53.07M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$3.73M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$5.66M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$19.19M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$19.75M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$32.07M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$21.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$130.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$120.32M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$38.64M	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`	$60.97M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$12.64M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$13.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$242.81M	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 September 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 September 30, 2021 and December 31, 2020, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value:Authorized shares 25,000,000; issued and outstanding shares none at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value:Authorized shares 25,000,000; issued and outstanding shares none at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$113.18M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$118.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$511.54M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$431.08M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.75M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$596.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$546.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$512.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$494.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$521.03M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$632.27M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$875.08M	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`	$-75.00K	USD	1 Quarter
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-239.00K	USD	3 Qtrs
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`	$-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	3 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$466.69M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$332.38M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$801.31M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$158.57M	USD	1 Quarter
Cost of services	`ServicesCost`	$99.71M	USD	1 Quarter
Cost of services	`ServicesCost`	$287.21M	USD	3 Qtrs
Cost of services	`ServicesCost`	$506.88M	USD	3 Qtrs
Cost of services	`ServicesCost`	$219.19M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$178.15M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$148.10M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$64.67M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$49.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.81M	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`	$2.85M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$693.84M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$152.03M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$286.72M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$443.13M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$23.56M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$107.47M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$6.54M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$45.67M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$4.22M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$2.74M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$323.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$1.61M	USD	1 Quarter
Interest expense	`InterestExpense`	$695.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$144.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$436.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$199.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.96M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.09M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$109.77M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.84M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.30M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.92M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.92M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.88M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$80.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$33.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.22M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.04M	USD	1 Quarter
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-240.00K	USD	1 Quarter
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-715.00K	USD	3 Qtrs
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$687.00K	USD	3 Qtrs
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-30.00K	USD	1 Quarter
Less: reclassification adjustment for net losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-32.00K	USD	3 Qtrs
Less: reclassification adjustment for net losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-23.00K	USD	1 Quarter
Less: reclassification adjustment for net losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-26.00K	USD	3 Qtrs
Less: reclassification adjustment for net losses included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-8.00K	USD	1 Quarter
Net change, net of tax of $(75), $(7), $(239) and $246 for the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-689.00K	USD	3 Qtrs
Net change, net of tax of $(75), $(7), $(239) and $246 for the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-22.00K	USD	1 Quarter
Net change, net of tax of $(75), $(7), $(239) and $246 for the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$719.00K	USD	3 Qtrs
Net change, net of tax of $(75), $(7), $(239) and $246 for the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-217.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of tax of $0 for each of the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$192.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of tax of $0 for each of the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-214.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of tax of $0 for each of the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-138.00K	USD	3 Qtrs
Foreign currency translation gain (loss), net of tax of $0 for each of the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$254.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-827.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-25.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-236.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$973.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.19M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$79.64M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.49	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.02	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.84	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.00	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.48	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.86M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.94M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.68M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.62M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.68M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.24M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.15M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.73M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$80.47M	USD	3 Qtrs
Net income	`ProfitLoss`	$19.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$7.82M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.81M	USD	3 Qtrs
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$17.77M	USD	3 Qtrs
Amortization of right-of-use assets	`AmortizationOfRightOfUseAssets`	$16.88M	USD	3 Qtrs
Credit loss recovery	`CreditLossExpenseReversal`	$25.00K	USD	3 Qtrs
Credit loss recovery	`CreditLossExpenseReversal`	$55.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.55M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.65M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$6.05M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-2.85M	USD	3 Qtrs
Unrealized foreign exchange (gains) losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-276.00K	USD	3 Qtrs
Unrealized foreign exchange (gains) losses	`ForeignCurrencyTransactionGainLossUnrealized`	$298.00K	USD	3 Qtrs
Net realized gains on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$180.00K	USD	3 Qtrs
Net realized gains on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$78.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-361.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-930.00K	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$5.30M	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$1.93M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-925.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.99M	USD	3 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$2.43M	USD	3 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$36.91M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.09M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.08M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$4.02M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-1.37M	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$5.02M	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-1.93M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.14M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$11.22M	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-4.50M	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-17.59M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-15.89M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-13.50M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.18M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$702.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.27M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.59M	USD	3 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.82M	USD	3 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-229.00K	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`	$291.06M	USD	3 Qtrs
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$175.23M	USD	3 Qtrs
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$248.54M	USD	3 Qtrs
Purchases of securities, held-to-maturity	`PaymentsToAcquireHeldToMaturitySecurities`	$9.50M	USD	3 Qtrs
Purchases of securities, held-to-maturity	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	3 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$40.00K	USD	3 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$243.00K	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$90.00K	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$290.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.24M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.41M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.38M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-55.78M	USD	3 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.23M	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`	$369.00K	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`	-	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`	$1.48M	USD	3 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.25M	USD	3 Qtrs
Principal payments on contingent and deferred consideration	`PrincipalPaymentsOnContingentAndDeferredConsideration`	$420.00K	USD	3 Qtrs
Principal payments on contingent and deferred consideration	`PrincipalPaymentsOnContingentAndDeferredConsideration`	$1.74M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.08M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.82M	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`	$125.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$37.85M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-59.56M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$243.15M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.11M	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`	$281.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.01M	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`	$173.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$243.15M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$734.00K	USD	3 Qtrs
Interest paid during the period	`InterestPaidNet`	$1.21M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$6.85M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$30.17M	USD	3 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$596.85M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$546.84M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$512.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$494.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$521.03M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$632.27M	USD	Point-in-time
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$20.19M	USD	3 Qtrs
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$5.80M	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$33.90M	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$79.64M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.65M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.38M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.55M	USD	3 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$371.00K	USD	3 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$369.00K	USD	3 Qtrs
Issuance of common stock for settlement of deferred stock units	`Stockissuedduringperiodfairvalueofsharesdeferredstockunitsbeforetaxsettlement`	-	USD	3 Qtrs
Issuance of common stock for settlement of deferred stock units	`Stockissuedduringperiodfairvalueofsharesdeferredstockunitsbeforetaxsettlement`	-	USD	1 Quarter
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	1 Quarter
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	1 Quarter
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	3 Qtrs
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
Issuance of common stock for stock settled deferred consideration	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	USD	3 Qtrs
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.19M	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`	$3.23M	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
Ending Balance	`StockholdersEquity`	$494.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$512.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$521.03M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$596.85M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$546.84M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$632.27M	USD	Point-in-time

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