Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 124,060us-gaap_CashAndCashEquivalentsAtCarryingValue $ 149,159us-gaap_CashAndCashEquivalentsAtCarryingValue
Commissions receivable 4,591mmi_CommissionsReceivableCurrent 3,412mmi_CommissionsReceivableCurrent
Employee notes receivable 76us-gaap_DueFromEmployeesCurrent 216us-gaap_DueFromEmployeesCurrent
Prepaid expenses 4,187us-gaap_PrepaidExpenseCurrent 7,536us-gaap_PrepaidExpenseCurrent
Income tax receivable 446us-gaap_IncomeTaxesReceivable 1,711us-gaap_IncomeTaxesReceivable
Deferred tax assets, net 12,228us-gaap_DeferredTaxAssetsNetCurrent 13,600us-gaap_DeferredTaxAssetsNetCurrent
Other assets, net 3,501us-gaap_OtherAssetsCurrent 2,839us-gaap_OtherAssetsCurrent
Total current assets 149,089us-gaap_AssetsCurrent 178,473us-gaap_AssetsCurrent
Prepaid rent 3,713us-gaap_PrepaidRent 3,645us-gaap_PrepaidRent
Property and equipment, net 8,038us-gaap_PropertyPlantAndEquipmentNet 7,693us-gaap_PropertyPlantAndEquipmentNet
Employee notes receivable 142us-gaap_DueFromEmployeesNoncurrent 162us-gaap_DueFromEmployeesNoncurrent
Marketable securities, available for sale 25,331us-gaap_AvailableForSaleSecuritiesDebtSecuritiesNoncurrent 14,752us-gaap_AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
Investments held in rabbi trust 5,631us-gaap_DeferredCompensationPlanAssets 4,332us-gaap_DeferredCompensationPlanAssets
Deferred tax assets, net 21,089us-gaap_DeferredTaxAssetsNetNoncurrent 21,265us-gaap_DeferredTaxAssetsNetNoncurrent
Other assets 4,296us-gaap_OtherAssetsNoncurrent 3,282us-gaap_OtherAssetsNoncurrent
Total assets 217,329us-gaap_Assets 233,604us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses 10,529us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 9,488us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Accounts payable and accrued expenses - related party, net 273us-gaap_DueToRelatedPartiesCurrent 97us-gaap_DueToRelatedPartiesCurrent
Notes payable to former stockholders 894us-gaap_OtherNotesPayableCurrent 894us-gaap_OtherNotesPayableCurrent
Commissions payable 17,640us-gaap_AccruedSalesCommissionCurrent 28,932us-gaap_AccruedSalesCommissionCurrent
Accrued bonuses and other employee related expenses 8,543us-gaap_EmployeeRelatedLiabilitiesCurrent 27,793us-gaap_EmployeeRelatedLiabilitiesCurrent
Total current liabilities 37,879us-gaap_LiabilitiesCurrent 67,204us-gaap_LiabilitiesCurrent
Deferred compensation and commissions 34,048mmi_DeferredCompensationAndCommissionsNonCurrent 36,581mmi_DeferredCompensationAndCommissionsNonCurrent
Notes payable to former stockholders 10,610us-gaap_OtherLongTermNotesPayable 10,610us-gaap_OtherLongTermNotesPayable
Other liabilities 2,332us-gaap_OtherLiabilitiesNoncurrent 2,400us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 84,869us-gaap_Liabilities 116,795us-gaap_Liabilities
Stockholders' equity:    
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at March 31, 2015 and December 31, 2014      
Common Stock $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 37,072,155 and 36,918,442 at March 31, 2015 and December 31, 2014, respectively 4us-gaap_CommonStockValue 4us-gaap_CommonStockValue
Additional paid-in capital 76,679us-gaap_AdditionalPaidInCapital 75,058us-gaap_AdditionalPaidInCapital
Stock notes receivable from employees (4)mmi_StockNotesReceivableFromEmployees (4)mmi_StockNotesReceivableFromEmployees
Retained earnings 55,261us-gaap_RetainedEarningsAccumulatedDeficit 41,592us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income 520us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 159us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders' equity 132,460us-gaap_StockholdersEquity 116,809us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 217,329us-gaap_LiabilitiesAndStockholdersEquity $ 233,604us-gaap_LiabilitiesAndStockholdersEquity