10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001193125-22-213586`
Period End Date	20220630
Filing Date	20220805
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	d357478d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 92 Cash Flow Statement 92 Stockholders Equity 43

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$254.49M	USD	Point-in-time
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$183.91M	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`	$382.14M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$80.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$211.65M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$111.86M	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableNetCurrent`	$14.14M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Commissions receivable, net	`CommissionsReceivableNetCurrent`	$17.23M	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
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$13.22M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.05M	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 $254,487 and $183,915 at June 30, 2022 and December 31, 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$253.04M	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 $254,487 and $183,915 at June 30, 2022 and December 31, 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$183.87M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$6.40M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$3.60M	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets, current	`OtherAssetsCurrent`	$5.27M	USD	Point-in-time
Other assets, current	`OtherAssetsCurrent`	$5.88M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$608.13M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$498.36M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.19M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$25.34M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.96M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.69M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$84.35M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$81.53M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.96M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $80,767 and $111,858 at June 30, 2022 and December 31, 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$112.61M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.69M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $80,767 and $111,858 at June 30, 2022 and December 31, 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$77.59M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$9.59M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$11.51M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$33.74M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$35.23M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$48.10M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$58.26M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$164.47M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$113.24M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$13.57M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$13.15M	USD	Point-in-time
Total assets	`Assets`	$966.76M	USD	Point-in-time
Total assets	`Assets`	$1.05B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$13.02M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$15.49M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$114.69M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$55.39M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$17.85M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$2.85M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$18.97M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$18.63M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$49.85M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$30.59M	USD	Point-in-time
Other liabilities, current	`OtherLiabilitiesCurrent`	$8.78M	USD	Point-in-time
Other liabilities, current	`OtherLiabilitiesCurrent`	$7.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$128.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$225.63M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$48.10M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$53.54M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$63.37M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$58.33M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$10.09M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$11.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$249.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$348.89M	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, 2022 and December 31, 2021, 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, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares 150,000,000; issued and outstanding shares 39,964,292 and 39,692,373 at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares 150,000,000; issued and outstanding shares 39,964,292 and 39,692,373 at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$121.84M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$123.77M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$596.36M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$573.55M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$910.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.96M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$696.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$717.17M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$675.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$546.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$561.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$596.85M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$966.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.05B	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`	$1.37M	USD	2 Qtrs
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$528.00K	USD	1 Quarter
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-51.00K	USD	1 Quarter
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$164.00K	USD	2 Qtrs
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$468.92M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$395.96M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$715.42M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$284.95M	USD	1 Quarter
Cost of services	`ServicesCost`	$287.69M	USD	2 Qtrs
Cost of services	`ServicesCost`	$452.81M	USD	2 Qtrs
Cost of services	`ServicesCost`	$178.59M	USD	1 Quarter
Cost of services	`ServicesCost`	$256.04M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$113.47M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$154.38M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$61.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$79.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.24M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.33M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$339.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$614.43M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$243.34M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$407.12M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$56.74M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$61.80M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$100.99M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$41.60M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$2.41M	USD	2 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$1.37M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-11.00K	USD	2 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$-461.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$146.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$158.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$318.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$292.00K	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.83M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$56.12M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$100.66M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.93M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.38M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.71M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.54M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.95M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$31.53M	USD	1 Quarter
Change in net unrealized gains/losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.56M	USD	1 Quarter
Change in net unrealized gains/losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.92M	USD	2 Qtrs
Change in net unrealized gains/losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$146.00K	USD	1 Quarter
Change in net unrealized gains/losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-475.00K	USD	2 Qtrs
Less: reclassification adjustment for net gains included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$77.00K	USD	2 Qtrs
Less: reclassification adjustment for net gains included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.00K	USD	1 Quarter
Less: reclassification adjustment for net gains included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.00K	USD	2 Qtrs
Less: reclassification adjustment for net gains included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.00K	USD	1 Quarter
Net change, net of tax of $528 and $1,366 for the three and six months ended June 30, 2022, and $(51) and $164 for the three and six months ended June 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-472.00K	USD	2 Qtrs
Net change, net of tax of $528 and $1,366 for the three and six months ended June 30, 2022, and $(51) and $164 for the three and six months ended June 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.55M	USD	1 Quarter
Net change, net of tax of $528 and $1,366 for the three and six months ended June 30, 2022, and $(51) and $164 for the three and six months ended June 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$149.00K	USD	1 Quarter
Net change, net of tax of $528 and $1,366 for the three and six months ended June 30, 2022, and $(51) and $164 for the three and six months ended June 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.99M	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax of $0 for each of the three and six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-330.00K	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax of $0 for each of the three and six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-217.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of tax of $0 for each of the three and six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$120.00K	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax of $0 for each of the three and six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$179.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.37M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.87M	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-68.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-802.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$40.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$31.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$45.74M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.87	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.79	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.17	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.78	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.85	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.16	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.05M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.02M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.82M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.88M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.14M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.39M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.11M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.34M	shares	1 Quarter

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$-46.54M	USD	2 Qtrs
Net income	`ProfitLoss`	$-74.95M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.33M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.24M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.96M	USD	1 Quarter
Noncash lease expense	`NoncashLeaseExpense`	$11.85M	USD	2 Qtrs
Noncash lease expense	`NoncashLeaseExpense`	$11.94M	USD	2 Qtrs
Credit loss expense	`CreditLossExpenseReversal`	$-28.00K	USD	2 Qtrs
Credit loss expense	`CreditLossExpenseReversal`	$-137.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.95M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.13M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-130.00K	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$780.00K	USD	2 Qtrs
Unrealized foreign exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$-403.00K	USD	2 Qtrs
Unrealized foreign exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$560.00K	USD	2 Qtrs
Net realized gains on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$96.00K	USD	2 Qtrs
Net realized gains on marketable debt securities, available-for-sale	`MarketableSecuritiesRealizedGainLoss`	$10.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-196.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$22.00K	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-2.92M	USD	2 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$4.78M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.18M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$239.00K	USD	2 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$48.54M	USD	2 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$7.09M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.82M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.14M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.99M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.68M	USD	2 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$15.01M	USD	2 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$1.34M	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-19.26M	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$3.00M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-15.97M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-61.05M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-10.56M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-9.76M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.98M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.22M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-51.84M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.47M	USD	2 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.50M	USD	2 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-229.00K	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`	$174.26M	USD	2 Qtrs
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$135.21M	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`	$71.00K	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$40.00K	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$276.00K	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$71.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.77M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.02M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.85M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.58M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.04M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.04M	USD	2 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$414.00K	USD	2 Qtrs
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$369.00K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$50.08M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	-	USD	2 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.48M	USD	2 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.76M	USD	2 Qtrs
Principal payments on deferred and contingent consideration	`PrincipalPaymentsOnDeferredAndContingentConsideration`	$1.30M	USD	2 Qtrs
Principal payments on deferred and contingent consideration	`PrincipalPaymentsOnDeferredAndContingentConsideration`	$2.43M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.90M	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	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$104.00K	USD	2 Qtrs
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-175.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.74M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-170.49M	USD	2 Qtrs
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`	$382.14M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.65M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$382.14M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.65M	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`	$243.15M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$714.00K	USD	2 Qtrs
Interest paid during the period	`InterestPaidNet`	$514.00K	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$40.05M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$17.90M	USD	2 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$1.20M	USD	2 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$250.00K	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$14.25M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$15.17M	USD	2 Qtrs
Issuance of stock for the settlement of deferred consideration	`IssuanceOfStockForTheSettlementOfDeferredConsideration`	$1.00M	USD	2 Qtrs
Issuance of stock for the settlement of deferred consideration	`IssuanceOfStockForTheSettlementOfDeferredConsideration`	$1.42M	USD	2 Qtrs
Measurement period adjustment of acquisition related contingent consideration	`MeasurementPeriodAdjustmentOfAcquisitionRelatedContingentConsideration`	$-100.00K	USD	2 Qtrs
Measurement period adjustment of acquisition related contingent consideration	`MeasurementPeriodAdjustmentOfAcquisitionRelatedContingentConsideration`	-	USD	2 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$696.30M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$717.17M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$675.39M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$546.84M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$561.67M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$596.85M	USD	Point-in-time
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$71.08M	USD	2 Qtrs
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$45.74M	USD	2 Qtrs
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$40.80M	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$31.46M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$52.14M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$4.28M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$4.95M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.66M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$8.13M	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`	$414.00K	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$414.00K	USD	2 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$369.00K	USD	2 Qtrs
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	1 Quarter
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	2 Qtrs
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	2 Qtrs
Issuance of common stock for vesting of restricted stock units	`StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement`	-	USD	1 Quarter
Issuance of common stock for stock settled deferred consideration	`StockIssuedDuringPeriodValueAcquisitions`	$1.42M	USD	1 Quarter
Issuance of common stock for stock settled deferred consideration	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	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`	$1.42M	USD	2 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of common stock for unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.12M	USD	1 Quarter
Shares withheld related to net share settlement of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.04M	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`	$311.00K	USD	1 Quarter
Issuance of common stock for settlement of deferred stock units	`IssuanceOfCommonStockForSettlementOfDeferredStockUnitsvalues`	-	USD	1 Quarter
Issuance of common stock for settlement of deferred stock units	`IssuanceOfCommonStockForSettlementOfDeferredStockUnitsvalues`	-	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$546.84M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$675.39M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$561.67M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$696.30M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$717.17M	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.