Marcus & Millichap, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2016

Equity [Abstract]

Changes in Accumulated Other Comprehensive Income, Net of Income Taxes

The components of accumulated other comprehensive income as of June 30, 2016, by component, net of income taxes consisted of the following (in thousands):


		Unrealized gains and (losses) of available-for- sale securities				Foreign currency translation ⁽²⁾				Total
Beginning balance, December 31, 2015		$	(568	)		$	1,025			$	457
Other comprehensive income before reclassifications			1,200				35				1,235
Amounts reclassified from accumulated other comprehensive income ⁽¹⁾			(94	)			—				(94	)

Net current-period other comprehensive income			1,106				35				1,141

Ending balance, June 30, 2016		$	538			$	1,060			$	1,598

⁽¹⁾	Included as a component of other income (expense), net in the condensed consolidated statements of net and comprehensive income. The reclassifications were determined on a specific identification basis.

⁽²⁾	The Company has not provided for U.S. taxes on unremitted earnings of its foreign subsidiary as it is operating at a loss and has no earnings and profits to remit. As a result, deferred taxes were not provided related to the cumulative foreign currency translation adjustments.