Company: MMI
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001578732-25-000015
Chunk: 128

Company: Marcus & Millichap, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 128
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 (2,960)(4,071)Income tax receivable and payable3,269 (616)(26,535)Accrued bonuses and other employee related expenses6,407 (19,182)(11,491)Deferred compensation and commissions(1,845)(35,846)(24,631)Operating lease liabilities(19,015)(18,364)(21,176)Other liabilities2,074 573 2,528 Net cash provided by (used in) operating activities21,714 (72,430)13,629 Cash flows from investing activitiesAcquisition of businesses, net of cash received— — (12,500)Purchases of marketable debt securities, available-for-sale(190,704)(302,283)(380,799)Proceeds from sales and maturities of marketable debt securities, available-for-sale188,751 391,612 350,993 Purchases of convertible notes— (5,000)— Issuances of employee notes receivable(82)(126)(74)Payments received on employee notes receivable6 34 71 Purchase of property and equipment(7,873)(9,370)(11,666)Net cash (used in) provided by investing activities(9,902)74,867 (53,975)Cash flows from financing activitiesTaxes paid related to net share settlement of stock-based awards(5,872)(4,441)(9,741)Proceeds from issuance of shares pursuant to employee stock purchase plan847 661 709 Dividends paid(20,226)(20,103)(60,358)Principal payments on stock appreciation rights liability(1,976)(1,945)(1,761)Principal payments on deferred and contingent consideration(743)(2,410)(5,351)Cash paid for stock repurchases(785)(39,441)(29,053)Net cash used in financing activities(28,755)(67,679)(105,555)Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash(365)122 (366)Net decrease in cash, cash equivalents, and restricted cash(17,308)(65,120)(146,267)Cash, cash equivalents, and restricted cash at beginning of period170,753 235,873 382,140 Cash, cash equivalents, and restricted cash at end of period$153,445 $170,753 $235,873