10-K Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001578732-23-000013`
Period End Date	20221231
Filing Date	20230228
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	mmi-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 99 Income Statement 45 Cash Flow Statement 140 Stockholders Equity 25 Comprehensive Income 27

Balance Sheet 99 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCashAndCashEquivalents`	$16.00K	USD	Point-in-time
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$183.91M	USD	Point-in-time
Amortized cost, current	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$254.68M	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, cash equivalents, and restricted cash of $16	`CashAndCashEquivalentsAtCarryingValue`	$382.14M	USD	Point-in-time
Cash, cash equivalents, and restricted cash of $16	`CashAndCashEquivalentsAtCarryingValue`	$235.87M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$72.82M	USD	Point-in-time
Commissions receivable	`CommissionsReceivableNetCurrent`	$8.45M	USD	Point-in-time
Commissions receivable	`CommissionsReceivableNetCurrent`	$17.23M	USD	Point-in-time
Amortized cost, noncurrent	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$111.86M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.41M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$13.22M	USD	Point-in-time
Allowance for credit losses, noncurrent	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$8.68M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $254,682 and $183,915 at December 31, 2022 and 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$253.43M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $254,682 and $183,915 at December 31, 2022 and 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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetCurrent`	$4.00M	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
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets, current	`OtherAssetsCurrent`	$7.28M	USD	Point-in-time
Other assets, current	`OtherAssetsCurrent`	$5.27M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$608.13M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$527.14M	USD	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`	$27.64M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	39.26M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$87.94M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	39.69M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$81.53M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	39.26M	shares	Point-in-time
Marketable debt securities, available-for-sale (includes amortized cost of $72,819 and $111,858 at December 31, 2022 and 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$112.61M	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 $72,819 and $111,858 at December 31, 2022 and 2021, respectively, and $0 allowance for credit losses)	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$68.59M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$11.51M	USD	Point-in-time
Assets held in rabbi trust	`DeferredCompensationPlanAssets`	$9.55M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$41.32M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$33.74M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$55.70M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$48.10M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$169.96M	USD	Point-in-time
Advances and loans, net	`AdvancesAndLoansNetNonCurrent`	$113.24M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$13.15M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$15.86M	USD	Point-in-time
Total assets	`Assets`	$1.00B	USD	Point-in-time
Total assets	`Assets`	$1.05B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$11.45M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$15.49M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$114.69M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsCurrent`	$75.32M	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`	$16.98M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$18.97M	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`	$38.33M	USD	Point-in-time
Other liabilities, current	`OtherLiabilitiesCurrent`	$9.93M	USD	Point-in-time
Other liabilities, current	`OtherLiabilitiesCurrent`	$8.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$225.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$152.01M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$64.46M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$53.54M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$65.11M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$58.33M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$11.39M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$8.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$290.20M	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	`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`	$131.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$121.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$585.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$573.55M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.62M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$910.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$696.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$546.84M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$713.51M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$494.87M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.05B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.00B	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$716.91M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.30B	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.30B	USD	Annual
Cost of services	`ServicesCost`	$840.21M	USD	Annual
Cost of services	`ServicesCost`	$447.88M	USD	Annual
Cost of services	`ServicesCost`	$850.89M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$255.15M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$204.51M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$300.01M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$13.41M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$10.90M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$11.72M	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.11B	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.16B	USD	Annual
Total operating expenses	`OperatingExpenses`	$663.29M	USD	Annual
Operating income	`OperatingIncomeLoss`	$189.36M	USD	Annual
Operating income	`OperatingIncomeLoss`	$53.61M	USD	Annual
Operating income	`OperatingIncomeLoss`	$137.40M	USD	Annual
Other income, net	`NonoperatingIncomeExpense`	$5.34M	USD	Annual
Other income, net	`NonoperatingIncomeExpense`	$4.53M	USD	Annual
Other income, net	`NonoperatingIncomeExpense`	$6.65M	USD	Annual
Interest expense	`InterestExpense`	$900.00K	USD	Annual
Interest expense	`InterestExpense`	$580.00K	USD	Annual
Interest expense	`InterestExpense`	$708.00K	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$193.30M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$142.03M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.36M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$37.80M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$16.53M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$50.83M	USD	Annual
Net income	`NetIncomeLoss`	$42.84M	USD	Annual
Net income	`NetIncomeLoss`	$104.22M	USD	Annual
Net income	`NetIncomeLoss`	$142.47M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.08	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.61	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.57	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.59	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.55	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.64M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.89M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.89M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.73M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.19M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.19M	shares	Annual

Cash Flow Statement 140 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$142.47M	USD	Annual
Net income	`ProfitLoss`	$104.22M	USD	Annual
Net income	`ProfitLoss`	$42.84M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$11.72M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$10.90M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$13.41M	USD	Annual
Noncash lease expense	`NoncashLeaseExpense`	$23.73M	USD	Annual
Noncash lease expense	`NoncashLeaseExpense`	$22.82M	USD	Annual
Noncash lease expense	`NoncashLeaseExpense`	$23.11M	USD	Annual
Credit loss expense	`CreditLossExpenseReversal`	$166.00K	USD	Annual
Credit loss expense	`CreditLossExpenseReversal`	$188.00K	USD	Annual
Credit loss expense	`CreditLossExpenseReversal`	$-51.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$9.90M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$10.36M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$17.31M	USD	Annual
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-6.07M	USD	Annual
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$473.00K	USD	Annual
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-11.85M	USD	Annual
Unrealized foreign exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$-3.82M	USD	Annual
Unrealized foreign exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$299.00K	USD	Annual
Unrealized foreign exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$-534.00K	USD	Annual
Net realized gains on marketable debt securities, available-for-sale	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$86.00K	USD	Annual
Net realized gains on marketable debt securities, available-for-sale	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$192.00K	USD	Annual
Net realized gains on marketable debt securities, available-for-sale	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$219.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$973.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-895.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-641.00K	USD	Annual
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$-8.45M	USD	Annual
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$3.29M	USD	Annual
Commissions receivable	`IncreaseDecreaseInCommissionsReceivable`	$10.83M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$3.07M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-774.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.80M	USD	Annual
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$12.38M	USD	Annual
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$54.82M	USD	Annual
Advances and loans	`IncreaseDecreaseInAdvancesAndLoans`	$39.77M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.74M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$9.83M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.05M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-5.64M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$9.78M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-4.07M	USD	Annual
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-8.72M	USD	Annual
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$26.54M	USD	Annual
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivablePayable`	$-14.13M	USD	Annual
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.10M	USD	Annual
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-11.49M	USD	Annual
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$29.07M	USD	Annual
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-24.63M	USD	Annual
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$75.05M	USD	Annual
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$6.42M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-21.18M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-18.46M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-21.28M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.53M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.37M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.64M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$255.90M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.63M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$38.09M	USD	Annual
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$16.30M	USD	Annual
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.50M	USD	Annual
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-229.00K	USD	Annual
Purchases of marketable debt securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$378.11M	USD	Annual
Purchases of marketable debt securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$380.80M	USD	Annual
Purchases of marketable debt securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$215.61M	USD	Annual
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$221.68M	USD	Annual
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$350.99M	USD	Annual
Proceeds from sales and maturities of marketable debt securities, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$285.63M	USD	Annual
Purchases of securities, held-to-maturity	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	Annual
Purchases of securities, held-to-maturity	`PaymentsToAcquireHeldToMaturitySecurities`	$9.50M	USD	Annual
Purchases of securities, held-to-maturity	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	Annual
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$74.00K	USD	Annual
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$40.00K	USD	Annual
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$243.00K	USD	Annual
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$71.00K	USD	Annual
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$290.00K	USD	Annual
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$187.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.86M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.95M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.67M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.98M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-108.36M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.23M	USD	Annual
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.35M	USD	Annual
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.74M	USD	Annual
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.02M	USD	Annual
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$653.00K	USD	Annual
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$709.00K	USD	Annual
Proceeds from issuance of shares pursuant to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$642.00K	USD	Annual
Dividends paid	`PaymentsOfDividends`	-	USD	Annual
Dividends paid	`PaymentsOfDividends`	-	USD	Annual
Dividends paid	`PaymentsOfDividends`	$60.36M	USD	Annual
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	-	USD	Annual
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	-	USD	Annual
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$6.56M	USD	Annual
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.76M	USD	Annual
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.25M	USD	Annual
Principal payments on stock appreciation rights liability	`PaymentsOnStockAppreciationRights`	$1.48M	USD	Annual
Payments of contingent and deferred consideration	`PrincipalPaymentsOnDeferredAndContingentConsideration`	$1.74M	USD	Annual
Payments of contingent and deferred consideration	`PrincipalPaymentsOnDeferredAndContingentConsideration`	$5.35M	USD	Annual
Payments of contingent and deferred consideration	`PrincipalPaymentsOnDeferredAndContingentConsideration`	$1.13M	USD	Annual
Cash paid for stock repurchases	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Cash paid for stock repurchases	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Cash paid for stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$29.05M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-105.56M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.33M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.92M	USD	Annual
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.64M	USD	Annual
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-48.00K	USD	Annual
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-366.00K	USD	Annual
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$138.99M	USD	Annual
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-146.27M	USD	Annual
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.48M	USD	Annual
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$243.15M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.67M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$235.87M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$382.14M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$382.14M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$235.87M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$243.15M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.67M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$749.00K	USD	Annual
Interest paid during the period	`InterestPaidNet`	$614.00K	USD	Annual
Interest paid during the period	`InterestPaidNet`	$1.22M	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$48.56M	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$7.33M	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$69.85M	USD	Annual
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$23.66M	USD	Annual
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$21.13M	USD	Annual
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$21.77M	USD	Annual
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$154.00K	USD	Annual
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$406.00K	USD	Annual
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$684.00K	USD	Annual
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$27.03M	USD	Annual
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$19.98M	USD	Annual
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$16.29M	USD	Annual
Issuance of shares pursuant to settlement of deferred consideration	`IssuanceOfStockForTheSettlementOfDeferredConsideration`	-	USD	Annual
Issuance of shares pursuant to settlement of deferred consideration	`IssuanceOfStockForTheSettlementOfDeferredConsideration`	$1.42M	USD	Annual
Issuance of shares pursuant to settlement of deferred consideration	`IssuanceOfStockForTheSettlementOfDeferredConsideration`	$1.00M	USD	Annual

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$696.30M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$546.84M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$713.51M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$494.87M	USD	Point-in-time
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$99.70M	USD	Annual
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$43.43M	USD	Annual
Net and comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$140.81M	USD	Annual
Dividends, Common Stock	`DividendsCommonStock`	$62.57M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$9.90M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$10.36M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$17.31M	USD	Annual
Issuance of common stock pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$653.00K	USD	Annual
Issuance of common stock pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$709.00K	USD	Annual
Issuance of common stock pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$642.00K	USD	Annual
Shares withheld related to net share settlement of stock-based awards	`StockIssuedDuringPeriodValueAcquisitions`	$1.42M	USD	Annual
Shares withheld related to net share settlement of stock-based awards	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	USD	Annual
Issuance of common stock for stock settled deferred consideration	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.74M	USD	Annual
Issuance of common stock for stock settled deferred consideration	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.35M	USD	Annual
Issuance of common stock for stock settled deferred consideration	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.02M	USD	Annual
Reduction of stock notes receivable from employees	`ReductionOfStockNotesReceivableFromEmployees`	$4.00K	USD	Annual
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$29.62M	USD	Annual
Ending Balance	`StockholdersEquity`	$696.30M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$546.84M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$713.51M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$494.87M	USD	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$42.84M	USD	Annual
Net income	`NetIncomeLoss`	$104.22M	USD	Annual
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-505.00K	USD	Annual
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$286.00K	USD	Annual
Marketable debt securities, available-for-sale, net change, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-1.56M	USD	Annual
Net income	`NetIncomeLoss`	$142.47M	USD	Annual
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Foreign currency translation loss, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Change in net unrealized gains/losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.55M	USD	Annual
Change in net unrealized gains/losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.57M	USD	Annual
Change in net unrealized gains/losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$799.00K	USD	Annual
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-34.00K	USD	Annual
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$70.00K	USD	Annual
Less: reclassification adjustment for net losses (gains) included in other income (expense), net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-72.00K	USD	Annual
Net change, net of tax of $(1,559), $(505) and $286 for the years ended December 31, 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.48M	USD	Annual
Net change, net of tax of $(1,559), $(505) and $286 for the years ended December 31, 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$833.00K	USD	Annual
Net change, net of tax of $(1,559), $(505) and $286 for the years ended December 31, 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-4.63M	USD	Annual
Foreign currency translation gain (loss), net of tax of $0 for each of the years ended December 31, 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$108.00K	USD	Annual
Foreign currency translation gain (loss), net of tax of $0 for each of the years ended December 31, 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-182.00K	USD	Annual
Foreign currency translation gain (loss), net of tax of $0 for each of the years ended December 31, 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-237.00K	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.53M	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.66M	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$596.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$99.70M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.43M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$140.81M	USD	Annual

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