Selected Quarterly Financial Data |
13. |
Selected Quarterly Financial Data
(Unaudited) |
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Three Months Ended |
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Dec. 31
2013 (1) |
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Sep. 30
2013 |
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Jun. 30
2013 |
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Mar. 31
2013 |
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Dec. 31
2012 |
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Sep. 30
2012 |
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Jun. 30
2012 |
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Mar. 31
2012 |
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(in thousands,
except per share data) |
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Consolidated Financial Statement Data:
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Total revenues
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$ |
149,101 |
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$ |
111,953 |
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$ |
105,471 |
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$ |
69,370 |
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$ |
147,638 |
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$ |
91,228 |
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$ |
84,181 |
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$ |
62,669 |
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Cost of services
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94,242 |
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67,718 |
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61,456 |
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41,221 |
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91,345 |
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54,194 |
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48,764 |
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35,945 |
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Operating (loss) income
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(8,165 |
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12,625 |
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14,169 |
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2,657 |
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22,967 |
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11,295 |
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11,062 |
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3,684 |
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Net (loss) income
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(8,716 |
) |
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7,275 |
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8,009 |
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1,638 |
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13,038 |
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6,405 |
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6,250 |
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2,241 |
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Net (loss) income attributable to MMREIS prior to IPO on
October 31, 2013
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(17,967 |
) |
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7,275 |
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8,009 |
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1,638 |
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13,038 |
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6,405 |
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6,250 |
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2,241 |
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Net income attributable to Marcus & Millichap, Inc. subsequent
to IPO on October 31, 2013
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$ |
9,251 |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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Earnings per share (2):
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Basic
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$ |
0.24 |
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Diluted
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$ |
0.24 |
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(1) |
The three months ended
December 31, 2013 include non-cash stock-based and other
compensation charges of $31.3 million. See Note 8 –
“Stock-Based Compensation Plans” for additional
information. |
(2) |
Earnings per share information are
presented for periods subsequent to the IPO on October 31,
2013. See Note 11 – “Earnings Per Share” for
additional information. |
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