10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001578732-22-000003`
Period End Date	20220930
Filing Date	20221104
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	mmi-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 60 Cash Flow Statement 96 Stockholders Equity 32 Comprehensive Income 36

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$183.91M	USD	Point-in-time
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$213.04M	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`	$270.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$382.14M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$94.73M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$111.86M	USD	Point-in-time
Commissions receivable	`CommissionsReceivableNetCurrent`	$11.77M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Commissions receivable	`CommissionsReceivableNetCurrent`	$17.23M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$13.22M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.66M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.25M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $213,042 and $183,915 at September 30, 2022 and December 31, 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$211.76M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $213,042 and $183,915 at September 30, 2022 and December 31, 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$183.87M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$3.48M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$6.40M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other assets, current	`OtherAssetsCurrent`	$5.27M	USD	Point-in-time
Other assets, current	`OtherAssetsCurrent`	$5.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$515.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$608.13M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.19M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$26.82M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	39.69M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	39.80M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	39.80M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$81.53M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$83.97M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	39.69M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $94,727 and $111,858 at September 30, 2022 and December 31, 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$89.33M	USD	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $94,727 and $111,858 at September 30, 2022 and December 31, 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$112.61M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$11.51M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$9.22M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$37.88M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$33.74M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$48.10M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$57.09M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$113.24M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$164.64M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$15.17M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$13.15M	USD	Point-in-time
Total assets	`Assets`	$1.05B	USD	Point-in-time
Total assets	`Assets`	$999.89M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$15.49M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.24M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$114.69M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$62.55M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$17.85M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$18.68M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$18.97M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$34.57M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$49.85M	USD	Point-in-time
Other liabilities, current	`OtherLiabilitiesCurrent`	$8.78M	USD	Point-in-time
Other liabilities, current	`OtherLiabilitiesCurrent`	$20.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$225.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$146.64M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$53.54M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$55.83M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$58.33M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$62.84M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$11.39M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$10.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$348.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$275.93M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$128.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$121.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$573.55M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$599.71M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$910.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$696.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$723.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$717.17M	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`	$632.27M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.05B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$999.89M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$332.38M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.04B	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$323.84M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$801.31M	USD	3 Qtrs
Cost of services	`ServicesCost`	$506.88M	USD	3 Qtrs
Cost of services	`ServicesCost`	$217.36M	USD	1 Quarter
Cost of services	`ServicesCost`	$219.19M	USD	1 Quarter
Cost of services	`ServicesCost`	$670.17M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$227.38M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$73.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$64.67M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$178.15M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.17M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.81M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$293.29M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$286.72M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$693.84M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$907.72M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$107.47M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$45.67M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$131.54M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$30.55M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$967.00K	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$978.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$2.74M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$323.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$436.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$144.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$547.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$229.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$109.77M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.84M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.30M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$131.96M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.94M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.30M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.92M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$35.65M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$33.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$96.31M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.40	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.02	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.00	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.84	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.39	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.86M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.09M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.94M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.04M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.15M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.36M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.24M	shares	1 Quarter

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$96.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$80.47M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.81M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$10.17M	USD	3 Qtrs
Noncash lease expense	`NoncashLeaseExpense`	$17.77M	USD	3 Qtrs
Noncash lease expense	`NoncashLeaseExpense`	$17.84M	USD	3 Qtrs
Credit loss recovery	`CreditLossExpenseReversal`	$25.00K	USD	3 Qtrs
Credit loss recovery	`CreditLossExpenseReversal`	-	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.65M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$12.68M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-2.85M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-2.26M	USD	3 Qtrs
Unrealized foreign exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$298.00K	USD	3 Qtrs
Unrealized foreign exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.60M	USD	3 Qtrs
Marketable Securities, Realized Gain (Loss)	`MarketableSecuritiesRealizedGainLoss`	$87.00K	USD	3 Qtrs
Marketable Securities, Realized Gain (Loss)	`MarketableSecuritiesRealizedGainLoss`	$78.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$1.46M	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-361.00K	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$5.30M	USD	3 Qtrs
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-4.89M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-4.54M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-925.00K	USD	3 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$49.17M	USD	3 Qtrs
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$2.43M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.08M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.47M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.02M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.94M	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$21.11M	USD	3 Qtrs
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-1.93M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$11.22M	USD	3 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-15.24M	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-45.48M	USD	3 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-4.50M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-14.60M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-15.89M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-994.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.18M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.59M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.78M	USD	3 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.50M	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`	$276.71M	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`	$266.48M	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`	$71.00K	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$71.00K	USD	3 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$290.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.56M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.24M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-55.78M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-31.29M	USD	3 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.18M	USD	3 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.23M	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`	$414.00K	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$50.16M	USD	3 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.76M	USD	3 Qtrs
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.48M	USD	3 Qtrs
Principal payments on deferred and contingent consideration	`PrincipalPaymentsOnDeferredAndContingentConsideration`	$2.43M	USD	3 Qtrs
Principal payments on deferred and contingent consideration	`PrincipalPaymentsOnDeferredAndContingentConsideration`	$1.74M	USD	3 Qtrs
Cash paid for stock repurchases	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Cash paid for stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$5.66M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.08M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-67.77M	USD	3 Qtrs
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-436.00K	USD	3 Qtrs
Effect of currency exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.00K	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-111.28M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$37.85M	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`	$270.86M	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`	$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`	$382.14M	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`	$270.86M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$599.00K	USD	3 Qtrs
Interest paid during the period	`InterestPaidNet`	$734.00K	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$30.17M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$58.57M	USD	3 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$892.00K	USD	3 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$786.00K	USD	3 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$20.80M	USD	3 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$19.01M	USD	3 Qtrs
Issuance of stock for the settlement of deferred consideration	`IssuanceOfStockForTheSettlementOfDeferredConsideration`	$1.00M	USD	3 Qtrs
Issuance of stock for the settlement of deferred consideration	`IssuanceOfStockForTheSettlementOfDeferredConsideration`	$1.42M	USD	3 Qtrs
Measurement period adjustment of acquisition related contingent consideration	`MeasurementPeriodAdjustmentOfAcquisitionRelatedContingentConsideration`	-	USD	3 Qtrs
Measurement period adjustment of acquisition related contingent consideration	`MeasurementPeriodAdjustmentOfAcquisitionRelatedContingentConsideration`	$-100.00K	USD	3 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$696.30M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$723.96M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$717.17M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$596.85M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$546.84M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$632.27M	USD	Point-in-time
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$91.48M	USD	3 Qtrs
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$33.90M	USD	1 Quarter
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$79.64M	USD	3 Qtrs
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$20.40M	USD	1 Quarter
Dividend	`DividendsCommonStock`	$10.44M	USD	1 Quarter
Dividend	`DividendsCommonStock`	$62.57M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$4.54M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.65M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$12.68M	USD	3 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$369.00K	USD	3 Qtrs
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$414.00K	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`	$8.18M	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`	$137.00K	USD	1 Quarter
Issuance of common stock for stock settled deferred consideration	`StockIssuedDuringPeriodValueAcquisitions`	$1.42M	USD	3 Qtrs
Issuance of common stock for stock settled deferred consideration	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$7.58M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$7.58M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$696.30M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$723.96M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$717.17M	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

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$33.92M	USD	1 Quarter
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-522.00K	USD	1 Quarter
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-75.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.47M	USD	3 Qtrs
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-1.89M	USD	3 Qtrs
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-239.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$96.31M	USD	3 Qtrs
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-715.00K	USD	3 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.46M	USD	3 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-240.00K	USD	1 Quarter
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.54M	USD	1 Quarter
Less: reclassification adjustment for net losses (gains) included in other income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-23.00K	USD	1 Quarter
Less: reclassification adjustment for net losses (gains) included in other income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$70.00K	USD	3 Qtrs
Less: reclassification adjustment for net losses (gains) included in other income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-26.00K	USD	3 Qtrs
Less: reclassification adjustment for net losses (gains) included in other income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.00K	USD	1 Quarter
Net change, net of tax of $(522) and $(1,888) for the three and nine months ended September 30, 2022, and $(75) and $(239) for the three and nine months ended September 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-5.53M	USD	3 Qtrs
Net change, net of tax of $(522) and $(1,888) for the three and nine months ended September 30, 2022, and $(75) and $(239) for the three and nine months ended September 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-689.00K	USD	3 Qtrs
Net change, net of tax of $(522) and $(1,888) for the three and nine months ended September 30, 2022, and $(75) and $(239) for the three and nine months ended September 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-217.00K	USD	1 Quarter
Net change, net of tax of $(522) and $(1,888) for the three and nine months ended September 30, 2022, and $(75) and $(239) for the three and nine months ended September 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.53M	USD	1 Quarter
Foreign currency translation gain (loss), net of tax of $0 for each of the three and nine months ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$689.00K	USD	3 Qtrs
Foreign currency translation gain (loss), net of tax of $0 for each of the three and nine months ended September 30, 2022 and 2021, 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, 2022 and 2021, 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, 2022 and 2021, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$569.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-965.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-827.00K	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-25.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-4.84M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$79.64M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$91.48M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.40M	USD	1 Quarter

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