Schedule of Quarterly Financial Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
|
Dec. 31
2013 (1) |
|
|
Sep. 30
2013 |
|
|
Jun. 30
2013 |
|
|
Mar. 31
2013 |
|
|
Dec. 31
2012 |
|
|
Sep. 30
2012 |
|
|
Jun. 30
2012 |
|
|
Mar. 31
2012 |
|
|
|
(in thousands,
except per share data) |
|
Consolidated Financial Statement Data:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total revenues
|
|
$ |
149,101 |
|
|
$ |
111,953 |
|
|
$ |
105,471 |
|
|
$ |
69,370 |
|
|
$ |
147,638 |
|
|
$ |
91,228 |
|
|
$ |
84,181 |
|
|
$ |
62,669 |
|
Cost of services
|
|
|
94,242 |
|
|
|
67,718 |
|
|
|
61,456 |
|
|
|
41,221 |
|
|
|
91,345 |
|
|
|
54,194 |
|
|
|
48,764 |
|
|
|
35,945 |
|
Operating (loss) income
|
|
|
(8,165 |
) |
|
|
12,625 |
|
|
|
14,169 |
|
|
|
2,657 |
|
|
|
22,967 |
|
|
|
11,295 |
|
|
|
11,062 |
|
|
|
3,684 |
|
Net (loss) income
|
|
|
(8,716 |
) |
|
|
7,275 |
|
|
|
8,009 |
|
|
|
1,638 |
|
|
|
13,038 |
|
|
|
6,405 |
|
|
|
6,250 |
|
|
|
2,241 |
|
Net (loss) income attributable to MMREIS prior to IPO on
October 31, 2013
|
|
|
(17,967 |
) |
|
|
7,275 |
|
|
|
8,009 |
|
|
|
1,638 |
|
|
|
13,038 |
|
|
|
6,405 |
|
|
|
6,250 |
|
|
|
2,241 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to Marcus & Millichap, Inc. subsequent
to IPO on October 31, 2013
|
|
$ |
9,251 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per share (2):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
$ |
0.24 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted
|
|
$ |
0.24 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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. |
|