$MMI
Marcus & Millichap, Inc.

2017 Form 10-K Financial Statement

#000119312518084734 Filed on March 16, 2018

View on sec.gov

Income Statement

Concept 2017 2016 Q4 2016 Q3
Revenue $719.7M $189.2M $180.6M
YoY Change 0.31% -6.89% 8.9%
Cost Of Revenue $446.6M $121.6M $113.9M
YoY Change 0.4% -6.19% 11.61%
Gross Profit $273.1M $67.52M $66.78M
YoY Change 0.17% -8.13% 4.57%
Gross Profit Margin 37.95% 35.7% 36.97%
Selling, General & Admin $171.6M $38.40M $40.73M
YoY Change 6.09% -0.52% 14.26%
% of Gross Profit 62.84% 56.87% 60.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.400M $1.200M $1.200M
YoY Change 22.73% 33.33% 50.0%
% of Gross Profit 1.98% 1.78% 1.8%
Operating Expenses $623.6M $39.70M $155.7M
YoY Change 2.07% 0.51% 12.47%
Operating Profit $96.13M $27.91M $24.91M
YoY Change -9.74% -17.75% -9.17%
Interest Expense $1.496M -$400.0K $380.0K
YoY Change -2.41% 0.0% 0.0%
% of Operating Profit 1.56% -1.43% 1.53%
Other Income/Expense, Net $4.590M $600.0K $719.0K
YoY Change 115.09% 50.0% -254.96%
Pretax Income $99.23M $28.10M $25.24M
YoY Change -7.35% -17.35% -5.0%
Income Tax $47.70M $10.90M $10.10M
% Of Pretax Income 48.07% 38.79% 40.01%
Net Earnings $51.52M $17.17M $15.14M
YoY Change -20.31% -13.91% -0.21%
Net Earnings / Revenue 7.16% 9.08% 8.38%
Basic Earnings Per Share $1.32 $0.44 $0.39
Diluted Earnings Per Share $1.32 $0.44 $0.39
COMMON SHARES
Basic Shares Outstanding 38.99M shares 37.62M shares 38.94M shares
Diluted Shares Outstanding 39.10M shares 39.12M shares

Balance Sheet

Concept 2017 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $294.3M $214.8M $170.3M
YoY Change 37.01% 22.03% 8.22%
Cash & Equivalents $220.8M $187.4M $122.0M
Short-Term Investments $73.60M $27.45M $48.38M
Other Short-Term Assets $15.20M $5.102M $3.826M
YoY Change 15.15% -0.66% 12.4%
Inventory
Prepaid Expenses $8.094M $6.987M
Receivables
Other Receivables
Total Short-Term Assets $320.4M $234.0M $185.6M
YoY Change 36.92% 19.32% 0.04%
LONG-TERM ASSETS
Property, Plant & Equipment $17.20M $16.36M $15.59M
YoY Change 4.88% 41.25% 60.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $60.90M $84.80M $101.6M
YoY Change -28.18% 41.1% 101.99%
Other Assets $61.20M $9.981M $9.056M
YoY Change 4.08% 9.49% 37.52%
Total Long-Term Assets $139.3M $160.0M $174.4M
YoY Change -12.94% 27.89% 76.73%
TOTAL ASSETS
Total Short-Term Assets $320.4M $234.0M $185.6M
Total Long-Term Assets $139.3M $160.0M $174.4M
Total Assets $459.7M $394.0M $360.0M
YoY Change 16.68% 22.66% 26.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $49.20M $44.80M $29.60M
YoY Change 9.82% 31.38% 26.5%
Accrued Expenses $23.80M $22.30M $20.20M
YoY Change 6.73% -27.6% -11.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.000M $1.000M $1.000M
YoY Change 0.0% 11.11% 11.11%
Total Short-Term Liabilities $83.30M $78.18M $64.83M
YoY Change 6.52% 4.22% 4.19%
LONG-TERM LIABILITIES
Long-Term Debt $7.700M $8.700M $8.700M
YoY Change -11.49% -10.31% -10.31%
Other Long-Term Liabilities $53.90M $48.30M $44.60M
YoY Change 11.59% 1.47% 1210.99%
Total Long-Term Liabilities $61.60M $57.00M $53.30M
YoY Change 8.07% -0.52% 1466.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.30M $78.18M $64.83M
Total Long-Term Liabilities $61.60M $57.00M $53.30M
Total Liabilities $144.8M $135.2M $118.1M
YoY Change 7.1% 2.21% 3.69%
SHAREHOLDERS EQUITY
Retained Earnings $172.6M $155.4M
YoY Change 59.9% 76.63%
Common Stock $85.45M $84.95M
YoY Change 6.02% 3.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $314.9M $258.9M $241.9M
YoY Change
Total Liabilities & Shareholders Equity $459.7M $394.0M $360.0M
YoY Change 16.68% 22.66% 26.66%

Cashflow Statement

Concept 2017 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income $51.52M $17.17M $15.14M
YoY Change -20.31% -13.91% -0.21%
Depreciation, Depletion And Amortization $5.400M $1.200M $1.200M
YoY Change 22.73% 33.33% 50.0%
Cash From Operating Activities $66.54M $33.00M $29.20M
YoY Change -10.67% -1.49% 74.85%
INVESTING ACTIVITIES
Capital Expenditures $6.554M -$2.500M -$2.700M
YoY Change -30.81% -16.67% 68.75%
Acquisitions $0.00
YoY Change
Other Investing Activities -$20.80M $36.50M $3.100M
YoY Change -170.99% -109.75%
Cash From Investing Activities -$27.34M $34.00M $300.0K
YoY Change -237.94% -1196.77% -100.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.784M -1.600M 0.000
YoY Change 85.44% -15.79%
NET CHANGE
Cash From Operating Activities 66.54M 33.00M 29.20M
Cash From Investing Activities -27.34M 34.00M 300.0K
Cash From Financing Activities -5.784M -1.600M 0.000
Net Change In Cash 33.42M 65.40M 29.50M
YoY Change -63.36% 129.47% -277.71%
FREE CASH FLOW
Cash From Operating Activities $66.54M $33.00M $29.20M
Capital Expenditures $6.554M -$2.500M -$2.700M
Free Cash Flow $59.98M $35.50M $31.90M
YoY Change -7.74% -2.74% 74.32%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
38578808 shares
CY2017Q2 dei Entity Public Float
EntityPublicFloat
458800000
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
149159000
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
116809000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
96185000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
107102000
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
37350000
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
37485000
CY2016Q4 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
607000
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
35571000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
2191000
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
1723000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
21.17
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1026113 shares
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
188990000
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
313000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
234012000
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18294000
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
85445000
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
10133000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
810000
CY2016Q4 us-gaap Assets
Assets
394016000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
14992000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
57144000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
5580000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
37000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
86105000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
14841000
CY2016Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
105365000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
721000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
27484000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
27454000
CY2016Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
77475000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
491000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
57309000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
5490000
CY2016Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
104929000
CY2016Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
27454000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
187371000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37882266 shares
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37882266 shares
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
4000
CY2016Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
6405000
CY2016Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
33000
CY2016Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
7337000
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4879000
CY2016Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
4300000
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
42173000
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
40450000
CY2016Q4 mmi Commissions Receivable Current
CommissionsReceivableCurrent
4809000
CY2016Q4 mmi Deferred Compensation And Commissions Non Current
DeferredCompensationAndCommissionsNonCurrent
44455000
CY2016Q4 mmi Stock Appreciation Rights Liability Current
StockAppreciationRightsLiabilityCurrent
1366000
CY2016Q4 mmi Deferred Compensation And Commissions Current
DeferredCompensationAndCommissionsCurrent
44754000
CY2016Q4 mmi Stock Appreciation Rights Liability Noncurrent
StockAppreciationRightsLiabilityNoncurrent
20949000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9981000
CY2016Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
986000
CY2016Q4 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
8686000
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2016Q4 us-gaap Prepaid Rent
PrepaidRent
13285000
CY2016Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
35571000
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1637000
CY2016Q4 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
173000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
1455000
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1700000
CY2016Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1029000
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3850000
CY2016Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
497000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
14978000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
1731000
CY2016Q4 us-gaap Due From Employees
DueFromEmployees
446000
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
22303000
CY2016Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1182000
CY2016Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0
CY2016Q4 us-gaap Liabilities
Liabilities
135162000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
394016000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
78176000
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
5102000
CY2016Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
6400000
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
8094000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16355000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
172599000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
22.38
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1050430 shares
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
258854000
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
258887000
CY2016Q4 mmi Stock Notes Receivable From Employees
StockNotesReceivableFromEmployees
4000
CY2016Q4 mmi Deferred Tax Assets Deferred Compensation
DeferredTaxAssetsDeferredCompensation
19511000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
494000
CY2016Q4 mmi Deferred Rent Credit Noncurrent And Other Noncurrent Obligations
DeferredRentCreditNoncurrentAndOtherNoncurrentObligations
3845000
CY2016Q4 mmi Weighted Average Interest Rate For Notes Receivable
WeightedAverageInterestRateForNotesReceivable
0.033 pure
CY2017Q4 us-gaap Assets Current
AssetsCurrent
320430000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20789000
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
89877000
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
9202000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
940000
CY2017Q4 us-gaap Assets
Assets
459664000
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
15090000
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
30517000
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
6368000
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
236000
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
63229000
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
15200000
CY2017Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
125761000
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
44961000
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
73659000
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
73560000
CY2017Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
52099000
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
158000
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
30644000
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
6382000
CY2017Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
125659000
CY2017Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
73560000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
220786000
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
38374011 shares
CY2017Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
5500000 shares
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
38374011 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
4000
CY2017Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
7220000
CY2017Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
8787000
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3747000
CY2017Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
4800000
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
28280000
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
26387000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
1416000
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
1893000
CY2017Q4 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
1261000
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
22640000
CY2017Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
22640000
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1809000
CY2017Q4 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
6000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
1307000
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1900000
CY2017Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
886000
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2861000
CY2017Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
622000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
9144000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
1283000
CY2017Q4 us-gaap Due From Employees
DueFromEmployees
621000
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
23842000
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
20317000
CY2017Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2017Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2017Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1308000
CY2017Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0
CY2017Q4 us-gaap Liabilities
Liabilities
144776000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
459664000
CY2017Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
60000000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
83259000
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
0
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
6564000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1087000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
13995000
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
5529000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
15423000
CY2017Q4 us-gaap Other Commitment
OtherCommitment
2900000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
86897000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
16468000
CY2017Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
7800000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
23163000
CY2017Q4 us-gaap Other Notes Payable
OtherNotesPayable
8686000
CY2017Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
1035000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
18650000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
9364000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
12997000
CY2017Q4 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
7651000
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2017Q4 us-gaap Prepaid Rent
PrepaidRent
15392000
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9661000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17153000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
224071000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
23.90
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5586917 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
981855 shares
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
314888000
CY2017Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
0
CY2017Q4 mmi Stock Notes Receivable From Employees
StockNotesReceivableFromEmployees
4000
CY2017Q4 mmi Deferred Tax Assets Deferred Compensation
DeferredTaxAssetsDeferredCompensation
12693000
CY2017Q4 mmi Standby Letters Of Credit Sublimit
StandbyLettersOfCreditSublimit
10000000
CY2017Q4 mmi Commissions Receivable Current
CommissionsReceivableCurrent
9586000
CY2017Q4 mmi Standby Letters Of Credit Amount Utilized
StandbyLettersOfCreditAmountUtilized
533000
CY2017Q4 mmi Deferred Compensation And Commissions Non Current
DeferredCompensationAndCommissionsNonCurrent
49361000
CY2017Q4 mmi Stock Appreciation Rights Liability Current
StockAppreciationRightsLiabilityCurrent
1662000
CY2017Q4 mmi Deferred Compensation And Commissions Current
DeferredCompensationAndCommissionsCurrent
49180000
CY2017Q4 mmi Stock Appreciation Rights Liability Noncurrent
StockAppreciationRightsLiabilityNoncurrent
20217000
CY2017Q4 mmi Deferred Rent Credit Noncurrent And Other Noncurrent Obligations
DeferredRentCreditNoncurrentAndOtherNoncurrentObligations
4505000
CY2017Q4 mmi Number Of Financial Institutions
NumberOfFinancialInstitutions
4 Financial_Institutions
CY2017Q4 mmi Weighted Average Interest Rate For Notes Receivable
WeightedAverageInterestRateForNotesReceivable
0.035 pure
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
33794 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
146285 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
21722 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
62749 shares
CY2015 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
8730000
CY2015 us-gaap Advertising Expense
AdvertisingExpense
1100000
CY2015 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
6173000
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7114000
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
79000 shares
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
7114000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-52974000
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
66648000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
39895000
CY2015 us-gaap Cost Of Services
CostOfServices
423389000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7058000
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3305000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1853000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
65000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1918000
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.415 pure
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.69
CY2015 us-gaap Operating Expenses
OperatingExpenses
574404000
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.005 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.008 pure
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.71
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.040 pure
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
10483000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
10483000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.011 pure
CY2015 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
13923000
CY2015 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
38042000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
113368000
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
43120000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
39679000
CY2015 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
3261000
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1273000
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
833000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4569000
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-912000
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8027000
CY2015 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
6000
CY2015 us-gaap Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
5430000
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
314000 shares
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47018000
CY2015 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-67000
CY2015 us-gaap Interest Expense
InterestExpense
1726000
CY2015 us-gaap Interest Paid
InterestPaid
868000
CY2015 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
4159000
CY2015 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
132000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-126929000
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
72120000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1835000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
66350000
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
114651000
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
443000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
298000
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
890000
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-90000
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
17800000
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-592000
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-394000
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-509000
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
976000
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39162000 shares
CY2015 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
1750000 shares
CY2015 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
37141000 shares
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
583000
CY2015 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
43000 shares
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
281000
CY2015 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
894000
CY2015 us-gaap Revenues
Revenues
689055000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
7114000
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
147710000
CY2015 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
8976000
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38848000 shares
CY2015 mmi Real Estate Brokerage Commissions
RealEstateBrokerageCommissions
632574000
CY2015 mmi Deferred Compensation And Commissions Increase Decrease
DeferredCompensationAndCommissionsIncreaseDecrease
12360000
CY2015 mmi Increase Decrease In Commissions Receivable
IncreaseDecreaseInCommissionsReceivable
-70000
CY2015 mmi Stock Issued During Period Fair Value Of Shares Restricted Stock Units Before Tax Settlement
StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement
0
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8730000
CY2015 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
146050000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6796000
CY2015 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
247000
CY2015 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
22000
CY2015 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
26142000
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0
CY2015 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
976000
CY2015 mmi Stock Issued During Period Fair Value Of Shares Deferred Stock Units Before Tax Settlement
StockIssuedDuringPeriodFairValueOfSharesDeferredStockUnitsBeforeTaxSettlement
0
CY2015 mmi Settlements Of Deferred Compensation Obligation With Trust Assets
SettlementsOfDeferredCompensationObligationWithTrustAssets
37000
CY2015 mmi Increase Decrease Assets In Rabbi Trust Account
IncreaseDecreaseAssetsInRabbiTrustAccount
1514000
CY2015 mmi Reduction Of Accrued Bonuses And Other Employee Related Expenses In Settlement Of Employee Notes Receivable
ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable
208000
CY2015 mmi Increase Decrease In Carrying Value Of Assets Held In Rabbi Trust
IncreaseDecreaseInCarryingValueOfAssetsHeldInRabbiTrust
-57000
CY2015 mmi Increase Decrease In Deferred Rent Credit Noncurrent And Other Noncurrent Obligations
IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations
1475000
CY2015 mmi Tax Benefit From Stock Based Award Activity
TaxBenefitFromStockBasedAwardActivity
10483000
CY2015 mmi Financing Fees Revenue
FinancingFeesRevenue
42558000
CY2015 mmi Increase Decrease In Income Taxes Receivable Payable
IncreaseDecreaseInIncomeTaxesReceivablePayable
6649000
CY2015 mmi Net Change In Accounts Payable And Accrued Expenses Related To Property And Equipment Additions
NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions
-462000
CY2015 mmi Allowance For Doubtful Accounts Receivable Write Offs Adjustments
AllowanceForDoubtfulAccountsReceivableWriteOffsAdjustments
115000
CY2015 mmi Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
0
CY2015 mmi Income Tax Reconciliation Permanent Difference Compensation Cost
IncomeTaxReconciliationPermanentDifferenceCompensationCost
81000
CY2015 mmi Effective Income Tax Rate Reconciliation Permanent Difference Compensation Cost
EffectiveIncomeTaxRateReconciliationPermanentDifferenceCompensationCost
0.001 pure
CY2015 mmi Effective Tax Rate Reconciliation Share Based Compensation Windfall Tax Benefit Net Of Shortfalls Percent
EffectiveTaxRateReconciliationShareBasedCompensationWindfallTaxBenefitNetOfShortfallsPercent
0.000 pure
CY2015 mmi Windfall Tax Benefits Net Of Shortfalls Related To Stockbased Compensation Amount
WindfallTaxBenefitsNetOfShortfallsRelatedToStockbasedCompensationAmount
0
CY2017 dei Amendment Flag
AmendmentFlag
false
CY2015 mmi Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActPercent
0.000 pure
CY2017 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
5451000
CY2017 us-gaap Cost Of Services
CostOfServices
446557000
CY2017 us-gaap Advertising Expense
AdvertisingExpense
824000
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5883000
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9145000
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
512000 shares
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
9145000
CY2017 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
2000
CY2017 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Concentration of Credit Risk</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Financial instruments that potentially subject the Company to a concentration of credit risk principally consist of cash and cash equivalents, due from independent contractors (included under other assets, net current and other assets <font style="WHITE-SPACE: nowrap">non-current</font> captions), investments in marketable securities, <font style="WHITE-SPACE: nowrap"><font style="WHITE-SPACE: nowrap">available-for-sale,</font></font> security deposits (included under other assets, <font style="WHITE-SPACE: nowrap">non-current</font> caption) and commissions receivables. Cash and cash equivalents are placed with high-credit quality financial institutions and invested in high-credit quality money market funds and commercial paper. Concentrations of marketable securities, <font style="WHITE-SPACE: nowrap"><font style="WHITE-SPACE: nowrap">available-for-sale</font></font> are limited by the approved investment policy.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> To reduce its credit risk, the Company monitors the credit standing of the financial institutions that hold the Company&#x2019;s cash and cash equivalents. The Company historically has not experienced any significant losses related to cash and cash equivalents.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company derives its revenues from a broad range of real estate investors, owners, and users in the United States and Canada, none of which individually represents a significant concentration of credit risk. The Company requires collateral on a <font style="WHITE-SPACE: nowrap"><font style="WHITE-SPACE: nowrap">case-by-case</font></font> basis. The Company maintains allowances, as needed, for estimated credit losses based on management&#x2019;s assessment of the likelihood of collection. For the twelve months ended December&#xA0;31, 2017, 2016 and 2015, no transaction represented 10% or more of total revenues. Further, while one or more transactions may represent 10% or more of commissions receivable at any reporting date, amounts due are typically collected within 10 days of settlement and, therefore, do not expose the Company to significant credit risk.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> During the twelve months ended December&#xA0;31, 2017, 2016 and 2015, the Company&#x2019;s Canadian operations represented less than 1% of total revenues.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> During the twelve months ended December&#xA0;31, 2017, 2016 and 2015 no office represented 10% or more of total revenues.</p> </div>
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
33415000
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
51654000
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
28993000
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12825000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-423000
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.481 pure
CY2017 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5363000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
13249000
CY2017 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y10M10D
CY2017 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2017 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
CY2017 dei Document Type
DocumentType
10-K
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.32
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.002 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.002 pure
CY2017 dei Document Period End Date
DocumentPeriodEndDate
2017-12-31
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.32
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.036 pure
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0
CY2017 dei Entity Registrant Name
EntityRegistrantName
Marcus & Millichap, Inc.
CY2017 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0
CY2017 dei Entity Central Index Key
EntityCentralIndexKey
0001578732
CY2017 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.000 pure
CY2017 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2017 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2017 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
20654000
CY2017 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
42242000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
99226000
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
35002000
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
34729000
CY2017 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1782000
CY2017 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-30000
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
150000
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3577000
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-572000
CY2017 us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
The Company is not currently under income tax examination by any taxing authorities.
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
13665000
CY2017 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1567000
CY2017 us-gaap Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
2107000
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
112000 shares
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47702000
CY2017 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
904000
CY2017 us-gaap Interest Expense
InterestExpense
1496000
CY2017 us-gaap Interest Paid
InterestPaid
1912000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-27338000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
66537000
CY2017 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
4870000
CY2017 us-gaap Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
As of December 31, 2017, the Company was in compliance with all financial and non-financial covenants.
CY2017 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.001 pure
CY2017 us-gaap Line Of Credit Facility Initiation Date1
LineOfCreditFacilityInitiationDate1
2014-06-01
CY2017 us-gaap Line Of Credit Facility Covenant Terms
LineOfCreditFacilityCovenantTerms
(i) an EBITDAR Coverage Ratio (as defined in the Credit Agreement) of not less than 1.251.0 as of each quarter end and (ii) total funded debt to EBITDA not greater than 2.01.0
CY2017 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2020-06-01
CY2017 us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
Credit Facility will bear interest, at the Company's option, at either the (i) Base Rate (defined as the highest of (a) the Bank's prime rate, (b) the Federal Funds Rate plus 1.5% and (c) one-month LIBOR plus 1.5%), or (ii) at a variable rate between 0.875% and 1.125% above LIBOR, based upon the total funded debt to EBITDA ratio.
CY2017 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
2000
CY2017 us-gaap Operating Expenses
OperatingExpenses
623568000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-5784000
CY2017 us-gaap Net Income Loss
NetIncomeLoss
51524000
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
96132000
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4590000
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
130000
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-63000
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
130000
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
25600000
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
193000
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
139000
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-108000
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5451000
CY2017 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
65093000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6554000
CY2017 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
481000
CY2017 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
27000
CY2017 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
44753000
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10000
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
653000
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
219000
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0
CY2017 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
986000
CY2017 us-gaap Revenues
Revenues
719700000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38988000 shares
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
170000
CY2017 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
29000 shares
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Use of Estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</p> </div>
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
9145000
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
171648000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
37528 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
26.86
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
5460000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
264550 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
295597 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
21.21
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
23.30
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
653000
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0
CY2017 dei Trading Symbol
TradingSymbol
MMI
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39100000 shares
CY2017 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
875000 shares
CY2017 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
38142000 shares
CY2017 mmi Real Estate Brokerage Commissions
RealEstateBrokerageCommissions
649393000
CY2017 mmi Deferred Compensation And Commissions Increase Decrease
DeferredCompensationAndCommissionsIncreaseDecrease
8427000
CY2017 mmi Increase Decrease In Commissions Receivable
IncreaseDecreaseInCommissionsReceivable
4777000
CY2017 mmi Stock Issued During Period Fair Value Of Shares Restricted Stock Units Before Tax Settlement
StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement
0
CY2017 mmi Stock Issued During Period Fair Value Of Shares Deferred Stock Units Before Tax Settlement
StockIssuedDuringPeriodFairValueOfSharesDeferredStockUnitsBeforeTaxSettlement
0
CY2017 mmi Settlements Of Deferred Compensation Obligation With Trust Assets
SettlementsOfDeferredCompensationObligationWithTrustAssets
0
CY2017 mmi Fully Depreciated Computer Software Hardware And Furniture Fixtures And Equipment Writeoff
FullyDepreciatedComputerSoftwareHardwareAndFurnitureFixturesAndEquipmentWriteoff
2900000
CY2017 mmi Increase Decrease Assets In Rabbi Trust Account
IncreaseDecreaseAssetsInRabbiTrustAccount
700000
CY2017 mmi Reduction Of Accrued Bonuses And Other Employee Related Expenses In Settlement Of Employee Notes Receivable
ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable
243000
CY2017 mmi Increase Decrease In Carrying Value Of Assets Held In Rabbi Trust
IncreaseDecreaseInCarryingValueOfAssetsHeldInRabbiTrust
849000
CY2017 mmi Increase Decrease In Deferred Rent Credit Noncurrent And Other Noncurrent Obligations
IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations
660000
CY2017 mmi Tax Benefit From Stock Based Award Activity
TaxBenefitFromStockBasedAwardActivity
0
CY2017 mmi Financing Fees Revenue
FinancingFeesRevenue
49653000
CY2017 mmi Increase Decrease In Income Taxes Receivable Payable
IncreaseDecreaseInIncomeTaxesReceivablePayable
126000
CY2017 mmi Net Change In Accounts Payable And Accrued Expenses Related To Property And Equipment Additions
NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions
359000
CY2017 mmi Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Transferred In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod
0 shares
CY2017 mmi Share Based Compensation Arrangement By Share Based Payment Award Share Reserve Increase Approved
ShareBasedCompensationArrangementByShareBasedPaymentAwardShareReserveIncreaseApproved
3300000 shares
CY2017 mmi Two Zero One Three Omnibus Equity Incentive Plan Amendment Shareholder Approval Date
TwoZeroOneThreeOmnibusEquityIncentivePlanAmendmentShareholderApprovalDate
2017-05-04
CY2017 mmi Date Entered Into Credit Agreement
DateEnteredIntoCreditAgreement
2014-06-18
CY2017 mmi Operating Loss Carryforwards Expiration Year
OperatingLossCarryforwardsExpirationYear
2019
CY2017 mmi Number Of Active Equity Plans
NumberOfActiveEquityPlans
1 Incentive_Plan
CY2017 mmi Available For Sale Securities Weighted Average Maturity
AvailableForSaleSecuritiesWeightedAverageMaturity
P2Y7M6D
CY2017 mmi Line Of Credit Libor Rate Duration Period
LineOfCreditLiborRateDurationPeriod
P1M
CY2017 mmi Period Of Settlement For Receivable Balances
PeriodOfSettlementForReceivableBalances
P10D
CY2017 mmi Commission Payable Payment Deferral Period
CommissionPayablePaymentDeferralPeriod
P3Y
CY2017 mmi Formation Date Of Incorporation
FormationDateOfIncorporation
2013-06
CY2017 mmi Defined Contribution New Plan Effective Date
DefinedContributionNewPlanEffectiveDate
2014-01
CY2017 mmi Two Zero One Three Omnibus Equity Incentive Plan Amendment Board Of Directors Approval Date
TwoZeroOneThreeOmnibusEquityIncentivePlanAmendmentBoardOfDirectorsApprovalDate
2017-02
CY2017 mmi Number Of Offices
NumberOfOffices
78 Office
CY2017 mmi Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Transferred In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriodWeightedAverageGrantDateFairValue
25.70
CY2017 mmi Income Tax Benefit Recognition Criteria Percentage Threshold
IncomeTaxBenefitRecognitionCriteriaPercentageThreshold
0.50 pure
CY2017 mmi Credit Facility Pledge Percentage
CreditFacilityPledgePercentage
1.00 pure
CY2017 mmi Minimum Ebitdar Coverage Ratio
MinimumEbitdarCoverageRatio
0.0125 pure
CY2017 mmi Maximum Funded Debt To Ebitda Ratio
MaximumFundedDebtToEbitdaRatio
0.02 pure
CY2017 mmi Percentage Of Common Stock Distributed
PercentageOfCommonStockDistributed
0.80 pure
CY2017 mmi Allowance For Doubtful Accounts Receivable Write Offs Adjustments
AllowanceForDoubtfulAccountsReceivableWriteOffsAdjustments
38000
CY2017 mmi Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
11644000
CY2017 mmi Income Tax Reconciliation Permanent Difference Compensation Cost
IncomeTaxReconciliationPermanentDifferenceCompensationCost
30000
CY2017 mmi Effective Income Tax Rate Reconciliation Permanent Difference Compensation Cost
EffectiveIncomeTaxRateReconciliationPermanentDifferenceCompensationCost
0.000 pure
CY2017 mmi Effective Tax Rate Reconciliation Share Based Compensation Windfall Tax Benefit Net Of Shortfalls Percent
EffectiveTaxRateReconciliationShareBasedCompensationWindfallTaxBenefitNetOfShortfallsPercent
-0.026 pure
CY2017 mmi Tax Benefit From Stock Based Award Activity Included In Provision For Income Taxes
TaxBenefitFromStockBasedAwardActivityIncludedInProvisionForIncomeTaxes
2900000
CY2017 mmi Windfall Tax Benefits Net Of Shortfalls Related To Stockbased Compensation Amount
WindfallTaxBenefitsNetOfShortfallsRelatedToStockbasedCompensationAmount
-2568000
CY2017 mmi Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActPercent
0.117 pure
CY2016 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
5565000
CY2016 us-gaap Advertising Expense
AdvertisingExpense
1200000
CY2016 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
2711000
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7035000
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
516000 shares
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
7035000
CY2016 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
43000
CY2016 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
166000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
91186000
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
65010000
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
36228000
CY2016 us-gaap Cost Of Services
CostOfServices
444768000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6700000
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4387000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-337000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-483000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-146000
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.396 pure
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.004 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.002 pure
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.66
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.041 pure
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
2711000
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
2711000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.001 pure
CY2016 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
11786000
CY2016 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
35891000
CY2016 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-8218000
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-79000
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
242000
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4346000
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
964000
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
803000
CY2016 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
552000
CY2016 us-gaap Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
4210000
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
136000 shares
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
42445000
CY2016 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
452000
CY2016 us-gaap Interest Expense
InterestExpense
1533000
CY2016 us-gaap Interest Paid
InterestPaid
628000
CY2016 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
3314000
CY2016 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-123000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
19819000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
74486000
CY2016 us-gaap Operating Expenses
OperatingExpenses
610949000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-3119000
CY2016 us-gaap Net Income Loss
NetIncomeLoss
64657000
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
106501000
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2134000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
353000
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
40000
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
23400000
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
313000
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
197000
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-444000
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5565000
CY2016 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
107898000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9473000
CY2016 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
455000
CY2016 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
12000
CY2016 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
137593000
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
40000
CY2016 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
673000
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
47000
CY2016 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
938000
CY2016 us-gaap Revenues
Revenues
717450000
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
7035000
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
161794000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
53194 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
23.76
CY2016 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
6554000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
335634 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
258123 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
19.88
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
20.07
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
673000
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39035000 shares
CY2016 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
1298000 shares
CY2016 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
37637000 shares
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
412000
CY2016 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
36000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38899000 shares
CY2016 mmi Real Estate Brokerage Commissions
RealEstateBrokerageCommissions
662220000
CY2016 mmi Deferred Compensation And Commissions Increase Decrease
DeferredCompensationAndCommissionsIncreaseDecrease
10988000
CY2016 mmi Increase Decrease In Commissions Receivable
IncreaseDecreaseInCommissionsReceivable
1467000
CY2016 mmi Stock Issued During Period Fair Value Of Shares Restricted Stock Units Before Tax Settlement
StockIssuedDuringPeriodFairValueOfSharesRestrictedStockUnitsBeforeTaxSettlement
0
CY2016 mmi Stock Issued During Period Fair Value Of Shares Deferred Stock Units Before Tax Settlement
StockIssuedDuringPeriodFairValueOfSharesDeferredStockUnitsBeforeTaxSettlement
0
CY2016 mmi Settlements Of Deferred Compensation Obligation With Trust Assets
SettlementsOfDeferredCompensationObligationWithTrustAssets
0
CY2016 mmi Fully Depreciated Computer Software Hardware And Furniture Fixtures And Equipment Writeoff
FullyDepreciatedComputerSoftwareHardwareAndFurnitureFixturesAndEquipmentWriteoff
2800000
CY2016 mmi Increase Decrease Assets In Rabbi Trust Account
IncreaseDecreaseAssetsInRabbiTrustAccount
1263000
CY2016 mmi Reduction Of Accrued Bonuses And Other Employee Related Expenses In Settlement Of Employee Notes Receivable
ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable
325000
CY2016 mmi Increase Decrease In Carrying Value Of Assets Held In Rabbi Trust
IncreaseDecreaseInCarryingValueOfAssetsHeldInRabbiTrust
470000
CY2016 mmi Increase Decrease In Deferred Rent Credit Noncurrent And Other Noncurrent Obligations
IncreaseDecreaseInDeferredRentCreditNoncurrentAndOtherNoncurrentObligations
-30000
CY2016 mmi Tax Benefit From Stock Based Award Activity
TaxBenefitFromStockBasedAwardActivity
2711000
CY2016 mmi Financing Fees Revenue
FinancingFeesRevenue
43444000
CY2016 mmi Increase Decrease In Income Taxes Receivable Payable
IncreaseDecreaseInIncomeTaxesReceivablePayable
-2867000
CY2016 mmi Net Change In Accounts Payable And Accrued Expenses Related To Property And Equipment Additions
NetChangeInAccountsPayableAndAccruedExpensesRelatedToPropertyAndEquipmentAdditions
-34000
CY2016 mmi Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Transferred In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod
0 shares
CY2016 mmi Available For Sale Securities Weighted Average Maturity
AvailableForSaleSecuritiesWeightedAverageMaturity
P3Y6M0D
CY2016 mmi Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Transferred In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriodWeightedAverageGrantDateFairValue
14.54
CY2016 mmi Allowance For Doubtful Accounts Receivable Write Offs Adjustments
AllowanceForDoubtfulAccountsReceivableWriteOffsAdjustments
93000
CY2016 mmi Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
0
CY2016 mmi Income Tax Reconciliation Permanent Difference Compensation Cost
IncomeTaxReconciliationPermanentDifferenceCompensationCost
39000
CY2016 mmi Effective Income Tax Rate Reconciliation Permanent Difference Compensation Cost
EffectiveIncomeTaxRateReconciliationPermanentDifferenceCompensationCost
0.000 pure
CY2016 mmi Effective Tax Rate Reconciliation Share Based Compensation Windfall Tax Benefit Net Of Shortfalls Percent
EffectiveTaxRateReconciliationShareBasedCompensationWindfallTaxBenefitNetOfShortfallsPercent
0.000 pure
CY2016 mmi Windfall Tax Benefits Net Of Shortfalls Related To Stockbased Compensation Amount
WindfallTaxBenefitsNetOfShortfallsRelatedToStockbasedCompensationAmount
0
CY2016 mmi Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActPercent
0.000 pure
CY2017Q1 us-gaap Cost Of Services
CostOfServices
89647000
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
12000000
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
19048000
CY2017Q1 us-gaap Revenues
Revenues
153212000
CY2016Q1 us-gaap Cost Of Services
CostOfServices
96153000
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
14815000
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
24858000
CY2016Q1 us-gaap Revenues
Revenues
164272000
CY2016Q2 us-gaap Cost Of Services
CostOfServices
113126000
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
17524000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
28832000
CY2016Q2 us-gaap Revenues
Revenues
183387000
CY2017Q2 us-gaap Cost Of Services
CostOfServices
110377000
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
15569000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
24998000
CY2017Q2 us-gaap Revenues
Revenues
180371000
CY2016Q3 us-gaap Cost Of Services
CostOfServices
113852000
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
15144000
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
24905000
CY2016Q3 us-gaap Revenues
Revenues
180634000
CY2017Q3 us-gaap Cost Of Services
CostOfServices
114803000
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
15475000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
24683000
CY2017Q3 us-gaap Revenues
Revenues
183341000
CY2016Q4 us-gaap Cost Of Services
CostOfServices
121637000
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
17174000
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
27906000
CY2016Q4 us-gaap Revenues
Revenues
189157000
CY2017Q4 us-gaap Cost Of Services
CostOfServices
131730000
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
8480000
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
27403000
CY2017Q4 us-gaap Revenues
Revenues
202776000
CY2017Q4 mmi Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
11600000

Files In Submission

Name View Source Status
0001193125-18-084734-index-headers.html Edgar Link pending
0001193125-18-084734-index.html Edgar Link pending
0001193125-18-084734.txt Edgar Link pending
0001193125-18-084734-xbrl.zip Edgar Link pending
d515665d10k.htm Edgar Link pending
d515665dex1018.htm Edgar Link pending
d515665dex106.htm Edgar Link pending
d515665dex211.htm Edgar Link pending
d515665dex231.htm Edgar Link pending
d515665dex311.htm Edgar Link pending
d515665dex312.htm Edgar Link pending
d515665dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g515665g05e82.jpg Edgar Link pending
g515665g08j73.jpg Edgar Link pending
g515665g12k46.jpg Edgar Link pending
g515665g20j57.jpg Edgar Link pending
g515665g20y63.jpg Edgar Link pending
g515665g30n47.jpg Edgar Link pending
g515665g34n95.jpg Edgar Link pending
g515665g44o38.jpg Edgar Link pending
g515665g52a13.jpg Edgar Link pending
g515665g74e71.jpg Edgar Link pending
g515665g94y21.jpg Edgar Link pending
mmi-20171231.xml Edgar Link completed
mmi-20171231.xsd Edgar Link pending
mmi-20171231_cal.xml Edgar Link unprocessable
mmi-20171231_def.xml Edgar Link unprocessable
mmi-20171231_lab.xml Edgar Link unprocessable
mmi-20171231_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending