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Marcus & Millichap, Inc. – ‘10-Q’ for 3/31/20 – ‘XML’

On:  Monday, 5/11/20, at 10:02am ET   ·   For:  3/31/20   ·   Accession #:  1193125-20-138459   ·   File #:  1-36155

Previous ‘10-Q’:  ‘10-Q’ on 11/8/19 for 9/30/19   ·   Next:  ‘10-Q’ on 8/10/20 for 6/30/20   ·   Latest:  ‘10-Q’ on 11/3/23 for 9/30/23   ·   1 Reference:  By:  Marcus & Millichap, Inc. – ‘10-K’ on 3/1/21 for 12/31/20

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/11/20  Marcus & Millichap, Inc.          10-Q        3/31/20  100:11M                                    Donnelley … Solutions/FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.28M 
 2: EX-10.1     Material Contract                                   HTML     45K 
 3: EX-31.1     Certification -- §302 - SOA'02                      HTML     38K 
 4: EX-31.2     Certification -- §302 - SOA'02                      HTML     38K 
 5: EX-32.1     Certification -- §906 - SOA'02                      HTML     34K 
18: R1          Cover Page                                          HTML     85K 
66: R2          Condensed Consolidated Balance Sheets               HTML    132K 
83: R3          Condensed Consolidated Balance Sheets               HTML     60K 
                (Parenthetical)                                                  
44: R4          Condensed Consolidated Statements of Net and        HTML    115K 
                Comprehensive Income                                             
17: R5          Condensed Consolidated Statements of Net and        HTML     37K 
                Comprehensive Income (Parenthetical)                             
65: R6          Condensed Consolidated Statements of Stockholders'  HTML     67K 
                Equity                                                           
82: R7          Condensed Consolidated Statements of Cash Flows     HTML    130K 
45: R8          Description of Business and Basis of Presentation   HTML     45K 
14: R9          Accounting Policies and Recent Accounting           HTML     63K 
                Pronouncements                                                   
79: R10         Property and Equipment, Net                         HTML     49K 
68: R11         Operating Leases                                    HTML     87K 
16: R12         Investments in Marketable Debt Securities           HTML    249K 
47: R13         Acquisitions, Goodwill and Other Intangible Assets  HTML     95K 
78: R14         Selected Balance Sheet Data                         HTML    158K 
67: R15         Notes Payable to Former Stockholders                HTML     34K 
15: R16         Related-Party Transactions                          HTML     42K 
46: R17         Fair Value Measurements                             HTML    292K 
81: R18         Stockholders' Equity                                HTML     39K 
64: R19         Stock-Based Compensation Plans                      HTML    115K 
32: R20         Income Taxes                                        HTML     66K 
39: R21         Earnings per Share                                  HTML     76K 
100: R22         Commitments and Contingencies                       HTML     43K  
62: R23         Subsequent Events                                   HTML     37K 
31: R24         Description of Business and Basis of Presentation   HTML    101K 
                (Policies)                                                       
38: R25         Property and Equipment, Net (Tables)                HTML     46K 
99: R26         Operating Leases (Tables)                           HTML     92K 
61: R27         Investments in Marketable Securities (Tables)       HTML    249K 
30: R28         Acquisitions, Goodwill and Other Intangible Assets  HTML     95K 
                (Tables)                                                         
40: R29         Selected Balance Sheet Data (Tables)                HTML    155K 
42: R30         Fair Value Measurements (Tables)                    HTML    280K 
11: R31         Stock-Based Compensation Plans (Tables)             HTML    112K 
69: R32         Income Taxes (Tables)                               HTML     64K 
84: R33         Earnings per Share (Tables)                         HTML     76K 
43: R34         Description of Business and Basis of Presentation   HTML     40K 
                - Additional Information (Detail)                                
12: R35         Accounting Policies and Recent Accounting           HTML     70K 
                Pronouncements - Additional Information (Detail)                 
70: R36         Property and Equipment, Net - Schedule of Property  HTML     45K 
                and Equipment, Net (Detail)                                      
85: R37         Property and Equipment, Net - Additional            HTML     40K 
                Information (Detail)                                             
41: R38         Operating Leases - Additional Information (Detail)  HTML     34K 
13: R39         Operating Leases - Schedule of Operating Lease      HTML     41K 
                Cost, Included in Selling, General and                           
                Administrative Expense (Detail)                                  
36: R40         Operating Leases - Maturities of lease liabilities  HTML     50K 
                (Detail)                                                         
27: R41         Operating Leases - Schedule of Supplemental Cash    HTML     40K 
                Flow Information and Noncash Activity Related to                 
                Operating Leases (Detail)                                        
56: R42         Operating Leases - Schedule of Other Information    HTML     36K 
                Related to Operating Leases (Detail)                             
94: R43         Investments in Marketable Securities - Schedule of  HTML     77K 
                Amortized Cost and Fair Value of Marketable                      
                Securities, Available-for-Sale, by Type of                       
                Security (Detail)                                                
37: R44         Investments in Marketable Securities - Amortized    HTML     63K 
                Cost and Fair Value of Investments in Available                  
                for Sale Securities (Detail)                                     
28: R45         Investments in Marketable Securities - Additional   HTML     53K 
                Information (Detail)                                             
57: R46         Investments in Marketable Securities - Gross        HTML     35K 
                Realized Gains and Losses from Sale of Available                 
                for Sale Securities (Detail)                                     
95: R47         Investments in Marketable Securities - Schedule of  HTML     65K 
                Amortized Cost and Fair Value of Marketable                      
                Securities, Available-for-Sale, by Contractual                   
                Maturity (Detail)                                                
35: R48         Acquisitions, Goodwill and Other Intangible Assets  HTML     32K 
                - Additional Information (Detail)                                
29: R49         Acquisitions, Goodwill and Other Intangible Assets  HTML     51K 
                - Summary of Goodwill and Intangible Assets                      
                (Detail)                                                         
24: R50         Acquisitions, Goodwill and Other Intangible Assets  HTML     34K 
                - Summary of Goodwill and Intangible Assets                      
                (Parenthetical) (Detail)                                         
54: R51         Acquisitions, Goodwill and Other Intangible Assets  HTML     41K 
                - Summary of Net Change in Carrying Value of                     
                Goodwill (Detail)                                                
88: R52         Acquisitions, Goodwill and Other Intangible Assets  HTML     48K 
                - Schedule of Estimated Amortization Expense for                 
                Intangible Assets (Detail)                                       
72: R53         Selected Balance Sheet Data - Schedule of Advances  HTML     37K 
                and Loans, Net (Detail)                                          
23: R54         Selected Balance Sheet Data - Schedule of Other     HTML     45K 
                Assets (Detail)                                                  
53: R55         Selected Balance Sheet Data - Schedule of Other     HTML     33K 
                Assets (Parenthetical) (Detail)                                  
87: R56         Selected Balance Sheet Data - Summary of Net        HTML     42K 
                Change in Carrying Value of MSRs (Detail)                        
71: R57         Selected Balance Sheet Data - Additional            HTML     76K 
                Information (Detail)                                             
22: R58         Selected Balance Sheet Data - Components of         HTML     55K 
                Deferred Compensation and Commissions (Detail)                   
55: R59         Selected Balance Sheet Data - Summary of Net        HTML     36K 
                Change in Carrying Value of Assets Held in Rabbi                 
                Trust and Deferred Compensation Liability (Detail)               
97: R60         Selected Balance Sheet Data - Schedule of Other     HTML     38K 
                Liabilities (Detail)                                             
60: R61         Selected Balance Sheet Data - Schedule of Other     HTML     43K 
                Liabilities (Parenthetical) (Detail)                             
26: R62         Notes Payable to Former Stockholders - Additional   HTML     38K 
                Information (Detail)                                             
34: R63         Related-Party Transactions - Additional             HTML     58K 
                Information (Detail)                                             
96: R64         Fair Value Measurements - Schedule of Assets and    HTML    165K 
                Liabilities at Fair Value on Recurring Basis                     
                (Detail)                                                         
59: R65         Fair Value Measurements - Schedule of               HTML     44K 
                Reconciliation of Contingent Consideration                       
                Measured at Fair Value on Recurring Basis (Detail)               
25: R66         Fair Value Measurements - Schedule of               HTML     33K 
                Reconciliation of Contingent Consideration                       
                Measured at Fair Value on Recurring Basis                        
                (Parenthetical) (Detail)                                         
33: R67         Fair Value Measurements - Schedule of Fair Value    HTML     64K 
                Liabilities Measured On Recurring Basis Valuation                
                Techniques (Detail)                                              
98: R68         Fair Value Measurements - Schedule of Fair Value    HTML     61K 
                Liabilities Measured On Non-Recurring Basis                      
                Valuation Techniques (Detail)                                    
58: R69         Fair Value Measurements - Additional Information    HTML     48K 
                (Detail)                                                         
73: R70         Stockholders' Equity - Additional Information       HTML     52K 
                (Detail)                                                         
90: R71         Stock-Based Compensation Plans - 2013 Omnibus       HTML     38K 
                Equity Incentive Plan - Award Limitations -                      
                Additional Information (Detail)                                  
48: R72         Stock-Based Compensation Plans - 2013 Omnibus       HTML     58K 
                Equity Incentive Plan - Additional Information                   
                (Detail)                                                         
19: R73         Stock-Based Compensation Plans - Outstanding        HTML     80K 
                Awards Under 2013 Omnibus Equity Incentive Plan                  
                (Detail)                                                         
76: R74         Stock-Based Compensation Plans - Outstanding        HTML     34K 
                Awards Under 2013 Omnibus Equity Incentive Plan                  
                (Parenthetical) (Detail)                                         
93: R75         Stock-Based Compensation Plans - Employee Stock     HTML     55K 
                Purchase Plan - Additional Information (Detail)                  
51: R76         Stock-Based Compensation Plans - Amendments to      HTML     38K 
                Restricted Stock and SARs - Additional Information               
                (Detail)                                                         
21: R77         Stock-Based Compensation Plans - Schedule of        HTML     39K 
                Future Share Settlements (Detail)                                
77: R78         Stock-Based Compensation Plans - Stock-Based        HTML     46K 
                Compensation Expense (Detail)                                    
89: R79         Income Taxes - Components of Provision for Income   HTML     69K 
                Taxes and Income before Provision for Income Taxes               
                (Detail)                                                         
74: R80         Income Taxes - Additional Information (Detail)      HTML     34K 
91: R81         Earnings per Share - Computation of Basic and       HTML     70K 
                Diluted Earnings Per Share, Including Antidilutive               
                Securities Excluded from Computation of Earnings                 
                Per Share (Detail)                                               
49: R82         Earnings per Share - Computation of Basic and       HTML     39K 
                Diluted Earnings Per Share, Including Antidilutive               
                Securities Excluded from Computation of Earnings                 
                Per Share (Parenthetical) (Detail)                               
20: R83         Commitments and Contingencies - Additional          HTML     64K 
                Information Credit Agreement (Detail)                            
75: R84         Commitments and Contingencies - Additional          HTML     33K 
                Information Other (Detail)                                       
92: R85         Subsequent Events - Additional Information          HTML     38K 
                (Detail)                                                         
80: XML         IDEA XML File -- Filing Summary                      XML    191K 
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86: EXCEL       IDEA Workbook of Financial Reports                  XLSX     97K 
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10: EX-101.PRE  XBRL Presentations -- mmi-20200331_pre               XML   1.13M 
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50: JSON        XBRL Instance as JSON Data -- MetaLinks              407±   658K 
63: ZIP         XBRL Zipped Folder -- 0001193125-20-138459-xbrl      Zip    233K

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<us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> -274000 </us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents>
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<us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents contextRef="PAsOn12_31_2018" decimals="-3" unitRef="Unit_USD"> 214683000 </us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents>
<us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 189760000 </us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents>
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<us-gaap:InterestPaidNet contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 845000 </us-gaap:InterestPaidNet>
<us-gaap:InterestPaidNet contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 1751000 </us-gaap:InterestPaidNet>
<us-gaap:IncomeTaxesPaidNet contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 503000 </us-gaap:IncomeTaxesPaidNet>
<us-gaap:IncomeTaxesPaidNet contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 296000 </us-gaap:IncomeTaxesPaidNet>
<us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="margin-top: 0px; line-height: 12pt; margin-bottom: 0px;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">1. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Description of Business and Basis of Presentation</div></td></tr></table><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Description of Business </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Marcus & Millichap, Inc., (the “Company”, “Marcus & Millichap”, or “MMI”), a Delaware corporation, is a brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of March 31, 2020, MMI operates 82 offices in the United States and Canada through its wholly-owned subsidiaries, including the operations of Marcus & Millichap Capital Corporation. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Reorganization and Initial Public Offering </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">MMI was formed in June 2013 in preparation for Marcus & Millichap Company (“MMC”) to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">spin-off</div> its majority owned subsidiary, Marcus & Millichap Real Estate Investment Services, Inc. (“MMREIS”). Prior to the initial public offering (“IPO”) of MMI, all of the preferred and common stockholders of MMREIS (including MMC and employees of MMREIS) contributed all of their outstanding shares to MMI, in exchange for new MMI common stock. As a result, MMREIS became a wholly-owned subsidiary of MMI. Thereafter, MMC distributed 80.0% of the shares of MMI common stock to MMC’s shareholders and exchanged the remaining portion of its shares of MMI common stock for cancellation of indebtedness of MMC. MMI completed its IPO <div style="letter-spacing: 0px; top: 0px;;display:inline;">i</div>n <span style="-sec-ix-hidden:hidden12882162">November 2013</span>.</div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Basis of Presentation </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The financial information presented in the accompanying unaudited condensed consolidated financial statements, has been prepared in accordance with rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) for quarterly reports on Form <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10-Q</div> and Article<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 10-01</div> of Regulation<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> S-X.</div> Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. In the opinion of management, the accompanying unaudited condensed consolidated financial statements and notes include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the condensed consolidated financial position, results of operations and cash flows for the periods presented. These unaudited condensed consolidated financial statements should be read in conjunction with the annual audited consolidated financial statements and notes thereto for the year ended December 31, 2019 included in the Company’s Annual Report on Form <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10-K</div> filed on March 2, 2020 with the SEC. The results of the three months ended March 31, 2020 are not necessarily indicative of the results to be expected for the year ending December 31, 2020, for other interim periods or future years.</div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Consolidation </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Use of Estimates </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Segment Reporting </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company follows U.S. GAAP for segment reporting, which requires reporting information on operating segments in interim and annual financial statements. Substantially all of the Company’s operations involve the delivery of commercial real estate services to our customers including real estate investment sales, financing (including mortgage servicing) and consulting and advisory services. Management makes operating decisions, assesses performance and allocates resources based on an ongoing review of these integrated operations, which constitute the Company’s only operating segment for financial reporting purposes. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Reclassifications </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Certain prior-period amounts in the condensed consolidated balance sheet and statement of cash flows, Note 7 – “Selected Balance Sheet Data” and Note 10 – “Fair Value Measurements” have been reclassified to conform to the current period presentation. These changes had no impact on the previously reported condensed consolidated results of operations. </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div>
</us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock>
<mmi:DescriptionOfBusinessPolicyTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Description of Business </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Marcus & Millichap, Inc., (the “Company”, “Marcus & Millichap”, or “MMI”), a Delaware corporation, is a brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of March 31, 2020, MMI operates 82 offices in the United States and Canada through its wholly-owned subsidiaries, including the operations of Marcus & Millichap Capital Corporation. </div></div>
</mmi:DescriptionOfBusinessPolicyTextBlock>
<mmi:NumberOfOffice contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_Office"> 82 </mmi:NumberOfOffice>
<mmi:ReorganizationAndInitialPublicOfferingPolicyTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Reorganization and Initial Public Offering </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">MMI was formed in June 2013 in preparation for Marcus & Millichap Company (“MMC”) to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">spin-off</div> its majority owned subsidiary, Marcus & Millichap Real Estate Investment Services, Inc. (“MMREIS”). Prior to the initial public offering (“IPO”) of MMI, all of the preferred and common stockholders of MMREIS (including MMC and employees of MMREIS) contributed all of their outstanding shares to MMI, in exchange for new MMI common stock. As a result, MMREIS became a wholly-owned subsidiary of MMI. Thereafter, MMC distributed 80.0% of the shares of MMI common stock to MMC’s shareholders and exchanged the remaining portion of its shares of MMI common stock for cancellation of indebtedness of MMC. MMI completed its IPO <div style="letter-spacing: 0px; top: 0px;;display:inline;">i</div>n <span style="-sec-ix-hidden:hidden12882162">November 2013</span>.</div>
</mmi:ReorganizationAndInitialPublicOfferingPolicyTextBlock>
<mmi:FormationDateOfIncorporation contextRef="P01_01_2020To03_31_2020"> 2013-06 </mmi:FormationDateOfIncorporation>
<mmi:PercentageOfCommonStockDistributed contextRef="P01_01_2020To03_31_2020" decimals="3" unitRef="Unit_pure"> 0.800 </mmi:PercentageOfCommonStockDistributed>
<us-gaap:BasisOfAccountingPolicyPolicyTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Basis of Presentation </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The financial information presented in the accompanying unaudited condensed consolidated financial statements, has been prepared in accordance with rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) for quarterly reports on Form <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10-Q</div> and Article<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 10-01</div> of Regulation<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> S-X.</div> Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. In the opinion of management, the accompanying unaudited condensed consolidated financial statements and notes include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the condensed consolidated financial position, results of operations and cash flows for the periods presented. These unaudited condensed consolidated financial statements should be read in conjunction with the annual audited consolidated financial statements and notes thereto for the year ended December 31, 2019 included in the Company’s Annual Report on Form <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10-K</div> filed on March 2, 2020 with the SEC. The results of the three months ended March 31, 2020 are not necessarily indicative of the results to be expected for the year ending December 31, 2020, for other interim periods or future years.</div>
</us-gaap:BasisOfAccountingPolicyPolicyTextBlock>
<us-gaap:ConsolidationPolicyTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Consolidation </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. </div></div>
</us-gaap:ConsolidationPolicyTextBlock>
<us-gaap:UseOfEstimates contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Use of Estimates </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </div></div>
</us-gaap:UseOfEstimates>
<us-gaap:SegmentReportingPolicyPolicyTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Segment Reporting </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company follows U.S. GAAP for segment reporting, which requires reporting information on operating segments in interim and annual financial statements. Substantially all of the Company’s operations involve the delivery of commercial real estate services to our customers including real estate investment sales, financing (including mortgage servicing) and consulting and advisory services. Management makes operating decisions, assesses performance and allocates resources based on an ongoing review of these integrated operations, which constitute the Company’s only operating segment for financial reporting purposes. </div></div>
</us-gaap:SegmentReportingPolicyPolicyTextBlock>
<us-gaap:PriorPeriodReclassificationAdjustmentDescription contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Reclassifications </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Certain prior-period amounts in the condensed consolidated balance sheet and statement of cash flows, Note 7 – “Selected Balance Sheet Data” and Note 10 – “Fair Value Measurements” have been reclassified to conform to the current period presentation. These changes had no impact on the previously reported condensed consolidated results of operations. </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div>
</us-gaap:PriorPeriodReclassificationAdjustmentDescription>
<us-gaap:SignificantAccountingPoliciesTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">2. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Accounting Policies and Recent Accounting Pronouncements</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accounting Policies </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The complete list of the Company’s accounting policies is included in the Company’s Annual Report on Form <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10-K</div> filed on March 2, 2020 with the SEC. The following are updated, or new accounting policies related to the adoption of the credit losses standard.</div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash and Cash Equivalents </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The Company considers cash equivalents to include short-term, highly liquid investments with maturities of three months or less when purchased. Portions of the balance of cash and cash equivalents were held in financial institutions, various money market funds with fixed and floating net asset values and short-term commercial paper. Money market funds have floating net asset values and may be subject to gating or liquidity fees. The Company assesses short-term commercial papers for impairment in connection with investments in marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale.</div> The likelihood of realizing material losses from cash and cash equivalents, including the excess of cash balances over federally insured limits, is remote.</div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commissions Receivable, Net </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commissions receivable, net consists of commissions earned on brokerage and financing transactions for which payment has not yet been received. The Company evaluates the need for an allowance for credit losses based on consideration of historical experience, current conditions and forecasts of future economic conditions. The majority of commissions receivable are settled within 10 days after the close of escrow. The allowance for credit losses for commissions receivable was not material as of March 31, 2020 and December 31, 2019. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Advances and Loans, Net </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Advances and loans, net includes amounts advanced and loans due from the Company’s investment sales and financing professionals. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In order to attract and retain highly skilled professionals, from time to time, the Company advances funds to its investment sales and financing professionals. The advances are typically in the form of forgivable loans that have terms that are generally between 5 and 10 years. The principal amount of a forgivable loan and accrued interest are forgiven over the term of the loan, so long as the investment sales and financing professionals continue to be a service provider with the Company, or upon achieving contractual performance criteria. Amounts forgiven are charged to selling, general and administrative expense at the time the amounts are forgiven. If the investment sales and financing professional’s relationship with the Company is terminated before the amount advanced is forgiven, the unforgiven amount becomes due and payable. The Company evaluates the need for an allowance for credit losses based on amounts advanced and expected forgiveness, in consideration of historical experience, current conditions and forecasts of future economic conditions. Estimated credit losses, net of any reversals, are charged to credit loss expense included in selling, general and administrative expense. Amounts are generally written off when amounts are determined to be no longer collectable. Accrued interest, when applicable, has historically been immaterial. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company, from time to time, enters into various agreements with certain of its investment sales and financing professionals whereby these individuals receive loans. The notes receivable along with stated interest, are typically collected from future commissions or repaid based on the terms stipulated in the respective agreements that are generally between 1 and 7 years . The Company evaluates the need for an allowance for credit losses for the loans based on historical experience, current conditions and reasonable and forecasts of future economic conditions. Estimated credit losses, net of any reversals, are charged to credit loss expense included in selling, general and administrative expense. Amounts are generally written off when amounts are determined to be no longer collectable. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style:italic;display:inline;">Investments in Marketable Debt Securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Available-for-Sale </div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The Company maintains a portfolio of investments in a variety of fixed and variable rate debt securities, including U.S. treasuries, U.S. government sponsored entities, corporate debt, asset-backed securities (“ABS”) and other. The Company considers its investments in marketable debt securities to be <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> and accordingly are recorded at their fair values. The Company determines the appropriate classification of investments in marketable debt securities at the time of purchase. Interest along with accretion and amortization of purchase premiums and discounts from the purchase date through the estimated maturity date, including consideration of variable maturities and contractual call provisions, are included in other (expense) income, net in the condensed consolidated statements of net and comprehensive income. The Company typically invests in highly-rated debt securities, and its investment policy generally limits the amount of credit exposure to any one issuer. The policy requires substantially all investments to be investment grade, with the primary objective of minimizing the potential risk of principal loss and matching long-term liabilities.</div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">The Company reviews quarterly its investment portfolio of all securities in an unrealized loss position to determine if an impairment charge or credit reserve is required. The Company excludes accrued interest from both the fair value and the amortized cost basis of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> for the purposes of identifying and measuring an impairment. An investment is impaired if the fair value is less than its amortized cost basis. Impairment relating to credit losses is recorded through a reduction in the amortized cost of the security or an allowance for credit losses and credit loss expense (included in selling, general and administrative expense), limited by the amount that the fair value is less than the amortized cost basis. Impairment that has not been recorded as a credit loss is recorded through other comprehensive income (loss), net of applicable taxes. The Company made an accounting policy election to not measure an allowance for credit losses for accrued interest receivables. The Company evaluates <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">write-off</div> of accrued interest receivable by the major security-type level at the time credit loss exists for the underlying security.</div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Determining whether a credit loss exists requires a high degree of judgment and the Company considers both qualitative and quantitative factors in making its determination. The Company evaluates its intent to sell, or whether the Company will more likely than not be required to sell, the security before recovery of its amortized cost basis. For all securities in an unrealized loss position, the Company evaluates, among other items, the extent and length of time the fair market value of a security is less than its amortized cost, time to maturity, duration, seniority, the financial condition of the issuer including credit ratings, any changes thereto and relative default rates, leverage ratios, availability of liquidity to make principle and interest payments, performance indicators of the underlying assets, analyst reports and recommendations and changes in base and market interest rates. If qualitative and quantitative analysis is sufficient to conclude that an impairment related to credit losses does not exist, the Company typically does not perform further quantitative analysis to estimate the present value of cash flows expected to be collected from the debt security. Estimates of expected future cash flows are the Company’s best estimate based on past events, current conditions and reasonable and supportable economic forecasts. </div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Concentrations of Credit Risk </div></div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">Financial instruments that potentially subject the Company to a concentration of credit risk principally consist of cash and cash equivalents, investments in marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> security deposits (included under other assets, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-current) </div> and commissions receivable, net. Cash and cash equivalents are placed with high-credit quality financial institutions and invested in high-credit quality money market funds and commercial paper. Concentrations of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale</div> are limited by the approved investment policy.</div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">To reduce its credit risk, the Company monitors the credit standing of the financial institutions money market funds that represent amounts recorded as cash and cash equivalents. The Company historically has not experienced any significant losses related to cash and cash equivalents. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company derives its revenues from a broad range of real estate investors, owners, and users in the United States and Canada, none of which individually represents a significant concentration of credit risk. The Company maintains allowances, as needed, for estimated credit losses based on management’s assessment of the likelihood of collection. For the three months ended March 31, 2020 and 2019, no transaction represented 10% or more of total revenues. Further, while one or more transactions may represent 10% or more of commissions receivable at any reporting date, amounts due are typically collected within 10 days of settlement and, therefore, do not expose the Company to significant credit risk. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">During the three months ended March 31, 2020 and 2019, the Company’s Canadian operations represented approximately 2% and 1% of total revenues, respectively. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">During the three months ended March 31, 2020, one office represented 10% or more of total revenues. During the three months ended March 31, 2019, no office represented 10% or more of total revenues. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Recent Accounting Pronouncements </div></div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Adopted </div></div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No.<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 2016-13, </div> <div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Financial Instruments—Credit Losses </div></div>(“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2016-13”).</div> The new standard requires the use of an expected-loss model for financial assets measured at amortized cost and marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for</div> sale, which requires that identified credit losses be presented as an allowance rather than as an impairment write-down. Reversals of credit losses (in situations in which the estimate of credit losses declines) is permitted in the reporting period that the change occurs. Previously, U.S. GAAP prohibited reflecting any reversals of impairment charges. The Company adopted the new standard on January 1, 2020 using the modified-retrospective transition method for assets measured at amortized cost other than marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> which was adopted using a prospective transition approach as required by the new standard. On the adoption date, the Company recorded a cumulative-effect adjustment related to an allowance for credit losses related to commissions receivable and advances and loans, net of tax in the amount of $33,000 with the offset to retained earnings as of the beginning of the period presented after adoption. The adoption of ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2016-13</div> did not have a material impact on the Company’s investment policy and impairment model for marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale.</div> The Company elected the practical expedient to exclude accrued interest from both the fair value and the amortized cost basis of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> for the purposes of identifying and measuring an impairment.</div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;">In August 2018, the FASB issued ASU No.<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 2018-15, </div> <div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Internal-Use Software (Subtopic 350-40)—Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract </div></div>(“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2018-15”).</div> ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2018-15 </div> aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">internal-use</div> software (and hosting arrangements that include an internal use software license), by permitting a customer in a cloud computing arrangement that is a service contract to capitalize certain implementation costs as if the arrangement was an <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">internal-use</div> software project. The Company adopted the new standard effective January 1, 2020 using the prospective method. The adoption of ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2018-15</div> did not have a material effect on the Company’s condensed consolidated financial statements.</div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pending Adoption </div></div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">In December 2019, the FASB issued ASU No.<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 2019-12, </div> <div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes </div></div>(“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2019-12”).</div> ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2019-12</div> is effective for reporting periods beginning after December 15, 2020 with early adoption permitted. For the Company, the new standard will be effective on January 1, 2021. ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2019-12</div> simplifies the accounting for income taxes by eliminating certain exceptions including the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities related to outside basis differences. It also clarifies and simplifies other aspects of the accounting for income taxes such as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">step-up</div> in tax basis for goodwill and interim recognition of enactment of tax laws or rate changes. The Company is currently evaluating the impact of this new standard and does not expect ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2019-12</div> to have a material effect on its condensed consolidated financial statements.</div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;">In March 2020, the FASB issued ASU No.<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 2020-04, </div> <div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting </div></div>(“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-04”).</div> ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-04</div> provides temporary optional exceptions to the guidance in U.S. GAAP on contract modifications to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate (LIBOR) and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate. ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-04</div> is effective for all entities upon issuance and may be applied prospectively to contract modifications through December 31, 2022. The guidance applies to the Company’s Credit Agreement (see Note 15 – “Commitments and Contingencies”), which references LIBOR, and will generally allow it to account for and present a modification as an event that does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. As of March 31, 2020, the Company has not drawn funds from the credit facility. The Company continues to evaluate the impact of this new standard and does not expect ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-04</div> to have a material effect on its condensed consolidated financial statements.</div>
</us-gaap:SignificantAccountingPoliciesTextBlock>
<us-gaap:CashAndCashEquivalentsPolicyTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash and Cash Equivalents </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The Company considers cash equivalents to include short-term, highly liquid investments with maturities of three months or less when purchased. Portions of the balance of cash and cash equivalents were held in financial institutions, various money market funds with fixed and floating net asset values and short-term commercial paper. Money market funds have floating net asset values and may be subject to gating or liquidity fees. The Company assesses short-term commercial papers for impairment in connection with investments in marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale.</div> The likelihood of realizing material losses from cash and cash equivalents, including the excess of cash balances over federally insured limits, is remote.</div>
</us-gaap:CashAndCashEquivalentsPolicyTextBlock>
<mmi:CommissionsReceivablesPolicyTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commissions Receivable, Net </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commissions receivable, net consists of commissions earned on brokerage and financing transactions for which payment has not yet been received. The Company evaluates the need for an allowance for credit losses based on consideration of historical experience, current conditions and forecasts of future economic conditions. The majority of commissions receivable are settled within 10 days after the close of escrow. The allowance for credit losses for commissions receivable was not material as of March 31, 2020 and December 31, 2019. </div></div>
</mmi:CommissionsReceivablesPolicyTextBlock>
<mmi:AllowanceForCreditLossesComissionsReceivable contextRef="PAsOn03_31_2020" decimals="0" unitRef="Unit_USD"> 0 </mmi:AllowanceForCreditLossesComissionsReceivable>
<mmi:AllowanceForCreditLossesComissionsReceivable contextRef="PAsOn12_31_2019" decimals="0" unitRef="Unit_USD"> 0 </mmi:AllowanceForCreditLossesComissionsReceivable>
<mmi:AdvancesAndLoansPolicyTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Advances and Loans, Net </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Advances and loans, net includes amounts advanced and loans due from the Company’s investment sales and financing professionals. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In order to attract and retain highly skilled professionals, from time to time, the Company advances funds to its investment sales and financing professionals. The advances are typically in the form of forgivable loans that have terms that are generally between 5 and 10 years. The principal amount of a forgivable loan and accrued interest are forgiven over the term of the loan, so long as the investment sales and financing professionals continue to be a service provider with the Company, or upon achieving contractual performance criteria. Amounts forgiven are charged to selling, general and administrative expense at the time the amounts are forgiven. If the investment sales and financing professional’s relationship with the Company is terminated before the amount advanced is forgiven, the unforgiven amount becomes due and payable. The Company evaluates the need for an allowance for credit losses based on amounts advanced and expected forgiveness, in consideration of historical experience, current conditions and forecasts of future economic conditions. Estimated credit losses, net of any reversals, are charged to credit loss expense included in selling, general and administrative expense. Amounts are generally written off when amounts are determined to be no longer collectable. Accrued interest, when applicable, has historically been immaterial. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company, from time to time, enters into various agreements with certain of its investment sales and financing professionals whereby these individuals receive loans. The notes receivable along with stated interest, are typically collected from future commissions or repaid based on the terms stipulated in the respective agreements that are generally between 1 and 7 years . The Company evaluates the need for an allowance for credit losses for the loans based on historical experience, current conditions and reasonable and forecasts of future economic conditions. Estimated credit losses, net of any reversals, are charged to credit loss expense included in selling, general and administrative expense. Amounts are generally written off when amounts are determined to be no longer collectable. </div></div>
</mmi:AdvancesAndLoansPolicyTextBlock>
<mmi:AdvancesRepaymentTerm contextRef="P01_01_2020To03_31_2020_AdvancesToInvestmentSalesAndFinancingProfessionalsMemberusgaapAccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_MinimumMembersrtRangeAxis"> P5Y </mmi:AdvancesRepaymentTerm>
<mmi:AdvancesRepaymentTerm contextRef="P01_01_2020To03_31_2020_AdvancesToInvestmentSalesAndFinancingProfessionalsMemberusgaapAccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_MaximumMembersrtRangeAxis"> P10Y </mmi:AdvancesRepaymentTerm>
<mmi:LoansDueFromInvestmentAndFinancingProfessionalsRepaymentTerm contextRef="P01_01_2020To03_31_2020_LoanMemberusgaapAccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_MinimumMembersrtRangeAxis"> P1Y </mmi:LoansDueFromInvestmentAndFinancingProfessionalsRepaymentTerm>
<mmi:LoansDueFromInvestmentAndFinancingProfessionalsRepaymentTerm contextRef="P01_01_2020To03_31_2020_LoanMemberusgaapAccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_MaximumMembersrtRangeAxis"> P7Y </mmi:LoansDueFromInvestmentAndFinancingProfessionalsRepaymentTerm>
<us-gaap:MarketableSecuritiesPolicy contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style:italic;display:inline;">Investments in Marketable Debt Securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Available-for-Sale </div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The Company maintains a portfolio of investments in a variety of fixed and variable rate debt securities, including U.S. treasuries, U.S. government sponsored entities, corporate debt, asset-backed securities (“ABS”) and other. The Company considers its investments in marketable debt securities to be <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> and accordingly are recorded at their fair values. The Company determines the appropriate classification of investments in marketable debt securities at the time of purchase. Interest along with accretion and amortization of purchase premiums and discounts from the purchase date through the estimated maturity date, including consideration of variable maturities and contractual call provisions, are included in other (expense) income, net in the condensed consolidated statements of net and comprehensive income. The Company typically invests in highly-rated debt securities, and its investment policy generally limits the amount of credit exposure to any one issuer. The policy requires substantially all investments to be investment grade, with the primary objective of minimizing the potential risk of principal loss and matching long-term liabilities.</div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">The Company reviews quarterly its investment portfolio of all securities in an unrealized loss position to determine if an impairment charge or credit reserve is required. The Company excludes accrued interest from both the fair value and the amortized cost basis of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> for the purposes of identifying and measuring an impairment. An investment is impaired if the fair value is less than its amortized cost basis. Impairment relating to credit losses is recorded through a reduction in the amortized cost of the security or an allowance for credit losses and credit loss expense (included in selling, general and administrative expense), limited by the amount that the fair value is less than the amortized cost basis. Impairment that has not been recorded as a credit loss is recorded through other comprehensive income (loss), net of applicable taxes. The Company made an accounting policy election to not measure an allowance for credit losses for accrued interest receivables. The Company evaluates <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">write-off</div> of accrued interest receivable by the major security-type level at the time credit loss exists for the underlying security.</div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Determining whether a credit loss exists requires a high degree of judgment and the Company considers both qualitative and quantitative factors in making its determination. The Company evaluates its intent to sell, or whether the Company will more likely than not be required to sell, the security before recovery of its amortized cost basis. For all securities in an unrealized loss position, the Company evaluates, among other items, the extent and length of time the fair market value of a security is less than its amortized cost, time to maturity, duration, seniority, the financial condition of the issuer including credit ratings, any changes thereto and relative default rates, leverage ratios, availability of liquidity to make principle and interest payments, performance indicators of the underlying assets, analyst reports and recommendations and changes in base and market interest rates. If qualitative and quantitative analysis is sufficient to conclude that an impairment related to credit losses does not exist, the Company typically does not perform further quantitative analysis to estimate the present value of cash flows expected to be collected from the debt security. Estimates of expected future cash flows are the Company’s best estimate based on past events, current conditions and reasonable and supportable economic forecasts. </div></div>
</us-gaap:MarketableSecuritiesPolicy>
<us-gaap:ConcentrationRiskCreditRisk contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Concentrations of Credit Risk </div></div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">Financial instruments that potentially subject the Company to a concentration of credit risk principally consist of cash and cash equivalents, investments in marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> security deposits (included under other assets, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-current) </div> and commissions receivable, net. Cash and cash equivalents are placed with high-credit quality financial institutions and invested in high-credit quality money market funds and commercial paper. Concentrations of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale</div> are limited by the approved investment policy.</div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">To reduce its credit risk, the Company monitors the credit standing of the financial institutions money market funds that represent amounts recorded as cash and cash equivalents. The Company historically has not experienced any significant losses related to cash and cash equivalents. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company derives its revenues from a broad range of real estate investors, owners, and users in the United States and Canada, none of which individually represents a significant concentration of credit risk. The Company maintains allowances, as needed, for estimated credit losses based on management’s assessment of the likelihood of collection. For the three months ended March 31, 2020 and 2019, no transaction represented 10% or more of total revenues. Further, while one or more transactions may represent 10% or more of commissions receivable at any reporting date, amounts due are typically collected within 10 days of settlement and, therefore, do not expose the Company to significant credit risk. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">During the three months ended March 31, 2020 and 2019, the Company’s Canadian operations represented approximately 2% and 1% of total revenues, respectively. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">During the three months ended March 31, 2020, one office represented 10% or more of total revenues. During the three months ended March 31, 2019, no office represented 10% or more of total revenues. </div></div>
</us-gaap:ConcentrationRiskCreditRisk>
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<us-gaap:ConcentrationRiskPercentage1 contextRef="P01_01_2020To03_31_2020_TransactionRiskMemberusgaapConcentrationRiskByTypeAxis" decimals="0" unitRef="Unit_pure"> 0 </us-gaap:ConcentrationRiskPercentage1>
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<us-gaap:ConcentrationRiskPercentage1 contextRef="P01_01_2020To03_31_2020_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis_TransactionRiskMemberusgaapConcentrationRiskByTypeAxis" decimals="2" unitRef="Unit_pure"> 0.10 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConcentrationRiskPercentage1 contextRef="P01_01_2020To03_31_2020_CommissionReceivableNetMemberusgaapConcentrationRiskByBenchmarkAxis_TransactionRiskMemberusgaapConcentrationRiskByTypeAxis" decimals="2" unitRef="Unit_pure"> 0.10 </us-gaap:ConcentrationRiskPercentage1>
<mmi:PeriodOfSettlementForCommissionReceivableBalances contextRef="P01_01_2020To03_31_2020"> P10D </mmi:PeriodOfSettlementForCommissionReceivableBalances>
<us-gaap:ConcentrationRiskPercentage1 contextRef="P01_01_2020To03_31_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_InternationalMembersrtStatementGeographicalAxis_MaximumMembersrtRangeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" decimals="2" unitRef="Unit_pure"> 0.02 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConcentrationRiskPercentage1 contextRef="P01_01_2019To03_31_2019_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_InternationalMembersrtStatementGeographicalAxis_MaximumMembersrtRangeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" decimals="2" unitRef="Unit_pure"> 0.01 </us-gaap:ConcentrationRiskPercentage1>
<mmi:NumberOfOffice contextRef="P01_01_2020To03_31_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" decimals="INF" unitRef="Unit_Office"> 1 </mmi:NumberOfOffice>
<us-gaap:ConcentrationRiskPercentage1 contextRef="P01_01_2020To03_31_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" decimals="2" unitRef="Unit_pure"> 0.10 </us-gaap:ConcentrationRiskPercentage1>
<mmi:NumberOfOffice contextRef="P01_01_2019To03_31_2019_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" decimals="INF" unitRef="Unit_Office"> 0 </mmi:NumberOfOffice>
<us-gaap:ConcentrationRiskPercentage1 contextRef="P01_01_2019To03_31_2019_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" decimals="2" unitRef="Unit_pure"> 0.10 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Recent Accounting Pronouncements </div></div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Adopted </div></div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No.<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 2016-13, </div> <div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Financial Instruments—Credit Losses </div></div>(“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2016-13”).</div> The new standard requires the use of an expected-loss model for financial assets measured at amortized cost and marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for</div> sale, which requires that identified credit losses be presented as an allowance rather than as an impairment write-down. Reversals of credit losses (in situations in which the estimate of credit losses declines) is permitted in the reporting period that the change occurs. Previously, U.S. GAAP prohibited reflecting any reversals of impairment charges. The Company adopted the new standard on January 1, 2020 using the modified-retrospective transition method for assets measured at amortized cost other than marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> which was adopted using a prospective transition approach as required by the new standard. On the adoption date, the Company recorded a cumulative-effect adjustment related to an allowance for credit losses related to commissions receivable and advances and loans, net of tax in the amount of $33,000 with the offset to retained earnings as of the beginning of the period presented after adoption. The adoption of ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2016-13</div> did not have a material impact on the Company’s investment policy and impairment model for marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale.</div> The Company elected the practical expedient to exclude accrued interest from both the fair value and the amortized cost basis of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> for the purposes of identifying and measuring an impairment.</div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;">In August 2018, the FASB issued ASU No.<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 2018-15, </div> <div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Internal-Use Software (Subtopic 350-40)—Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract </div></div>(“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2018-15”).</div> ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2018-15 </div> aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">internal-use</div> software (and hosting arrangements that include an internal use software license), by permitting a customer in a cloud computing arrangement that is a service contract to capitalize certain implementation costs as if the arrangement was an <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">internal-use</div> software project. The Company adopted the new standard effective January 1, 2020 using the prospective method. The adoption of ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2018-15</div> did not have a material effect on the Company’s condensed consolidated financial statements.</div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pending Adoption </div></div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">In December 2019, the FASB issued ASU No.<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 2019-12, </div> <div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes </div></div>(“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2019-12”).</div> ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2019-12</div> is effective for reporting periods beginning after December 15, 2020 with early adoption permitted. For the Company, the new standard will be effective on January 1, 2021. ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2019-12</div> simplifies the accounting for income taxes by eliminating certain exceptions including the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities related to outside basis differences. It also clarifies and simplifies other aspects of the accounting for income taxes such as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">step-up</div> in tax basis for goodwill and interim recognition of enactment of tax laws or rate changes. The Company is currently evaluating the impact of this new standard and does not expect ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2019-12</div> to have a material effect on its condensed consolidated financial statements.</div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;">In March 2020, the FASB issued ASU No.<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> 2020-04, </div> <div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting </div></div>(“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-04”).</div> ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-04</div> provides temporary optional exceptions to the guidance in U.S. GAAP on contract modifications to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate (LIBOR) and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate. ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-04</div> is effective for all entities upon issuance and may be applied prospectively to contract modifications through December 31, 2022. The guidance applies to the Company’s Credit Agreement (see Note 15 – “Commitments and Contingencies”), which references LIBOR, and will generally allow it to account for and present a modification as an event that does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. As of March 31, 2020, the Company has not drawn funds from the credit facility. The Company continues to evaluate the impact of this new standard and does not expect ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-04</div> to have a material effect on its condensed consolidated financial statements.</div>
</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
<us-gaap:CumulativeEffectOnRetainedEarningsNetOfTax1 contextRef="P01_01_2020To01_01_2020_AccountingStandardsUpdate201613MemberusgaapAdjustmentsForNewAccountingPronouncementsAxis" decimals="-3" unitRef="Unit_USD"> 33000000 </us-gaap:CumulativeEffectOnRetainedEarningsNetOfTax1>
<us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">3. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Property and Equipment, Net</div></td> </tr> </table> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Property and equipment, net consisted of the following (in thousands):</div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin-top: 9pt; margin-bottom: 0in; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0px;;margin : 0px auto;;margin-left : auto;margin-right : auto;"> <tr style="font-size: 0px;"> <td style="width: 68%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 9%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 9%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>2019 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Computer software and hardware equipment </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">27,191 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,252 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Furniture, fixtures, and equipment </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,375 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,468 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Less: accumulated depreciation and amortization </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(27,393</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(26,077</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 68%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 9%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 9%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,173 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">22,643 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 68%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 9%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 9%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;">During the three months ended March 31, 2020 and 2019, the Company <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">wrote-off</div> approximately $191,000 and $233,000, respectively, of fully depreciated computer software and hardware equipment and furniture, fixtures and equipment.</div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of March 31, 2020 and 2019, property and equipment additions incurred but not yet paid included in accounts payable and other liabilities were $259,000 and $473,000, respectively. </div></div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">The Company evaluates its fixed assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. As of March 31, 2020, the Company considered the novel coronavirus <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">(“COVID-19”) </div> pandemic as a triggering event and evaluated its fixed assets for impairment testing. The Company concluded that as of March 31, 2020, there was</div><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div>no<div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>impairment of its property and equipment. </div></div></div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0px; line-height: 12pt;"> </div>
</us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock>
<us-gaap:PropertyPlantAndEquipmentTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Property and equipment, net consisted of the following (in thousands):</div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin-top: 9pt; margin-bottom: 0in; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0px;;margin : 0px auto;;margin-left : auto;margin-right : auto;"> <tr style="font-size: 0px;"> <td style="width: 68%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 9%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 9%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>2019 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Computer software and hardware equipment </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">27,191 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,252 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Furniture, fixtures, and equipment </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,375 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,468 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Less: accumulated depreciation and amortization </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(27,393</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(26,077</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 68%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 9%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 9%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,173 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">22,643 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 68%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 9%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 9%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div>
</us-gaap:PropertyPlantAndEquipmentTextBlock>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="PAsOn03_31_2020_ComputerEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" decimals="-3" unitRef="Unit_USD"> 27191000 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="PAsOn12_31_2019_ComputerEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" decimals="-3" unitRef="Unit_USD"> 25252000 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="PAsOn03_31_2020_FurnitureAndFixturesMemberusgaapPropertyPlantAndEquipmentByTypeAxis" decimals="-3" unitRef="Unit_USD"> 23375000 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="PAsOn12_31_2019_FurnitureAndFixturesMemberusgaapPropertyPlantAndEquipmentByTypeAxis" decimals="-3" unitRef="Unit_USD"> 23468000 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 27393000 </us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 26077000 </us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:PropertyPlantAndEquipmentNet contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 23173000 </us-gaap:PropertyPlantAndEquipmentNet>
<us-gaap:PropertyPlantAndEquipmentNet contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 22643000 </us-gaap:PropertyPlantAndEquipmentNet>
<mmi:FullyDepreciatedComputerSoftwareHardwareAndFurnitureFixturesAndEquipmentWriteoff contextRef="P01_01_2020To03_31_2020" decimals="0" unitRef="Unit_USD"> 191000 </mmi:FullyDepreciatedComputerSoftwareHardwareAndFurnitureFixturesAndEquipmentWriteoff>
<mmi:FullyDepreciatedComputerSoftwareHardwareAndFurnitureFixturesAndEquipmentWriteoff contextRef="P01_01_2019To03_31_2019" decimals="0" unitRef="Unit_USD"> 233000 </mmi:FullyDepreciatedComputerSoftwareHardwareAndFurnitureFixturesAndEquipmentWriteoff>
<us-gaap:CapitalExpendituresIncurredButNotYetPaid contextRef="P01_01_2020To03_31_2020" decimals="0" unitRef="Unit_USD"> 259000 </us-gaap:CapitalExpendituresIncurredButNotYetPaid>
<us-gaap:CapitalExpendituresIncurredButNotYetPaid contextRef="P01_01_2019To03_31_2019" decimals="0" unitRef="Unit_USD"> 473000 </us-gaap:CapitalExpendituresIncurredButNotYetPaid>
<us-gaap:ImpairmentOfLongLivedAssetsHeldForUse contextRef="P01_01_2020To03_31_2020" decimals="0" unitRef="Unit_USD"> 0 </us-gaap:ImpairmentOfLongLivedAssetsHeldForUse>
<us-gaap:LesseeOperatingLeasesTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">4. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Operating Leases</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The Company has operating leases for all of its facilities and autos. As of March 31, 2020 and December 31, 2019, operating lease <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">right-of-use</div> (“ROU”) assets were $114.5 million and $111.1 million, respectively, and the related accumulated amortization was $26.0 million and $20.6 million, respectively.</div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The operating lease cost, included in selling, general and administrative expense in the condensed consolidated statement of net and comprehensive income, consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 9pt auto 0px;width: 76%;font-size: 10pt;border-collapse: separate;border-spacing: 0;"> <tr style=" font-size: 0pt; "> <td style="width:82%;"> </td> <td style="width:4%;"> </td> <td> </td> <td> </td> <td> </td> <td style="width:4%;"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="page-break-inside:avoid;font-size:8pt;"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> <div style="font-family: "Times New Roman"; font-weight: normal; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"> </div></div> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="6" style="border-bottom:1pt solid #000000;vertical-align:bottom;"> <div style="font-family: "Times New Roman"; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;">Three Months Ended </div> <div style="font-family: "Times New Roman"; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;">March 31,</div> </td> <td style="padding-bottom: 0.5pt;"> </td> </tr> <tr style="page-break-inside:avoid;font-size:8pt;"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> <div style="font-family: "Times New Roman"; font-weight: normal; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"> </div></div> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="border-bottom:1pt solid #000000;vertical-align:bottom;"> <div style="font-family: "Times New Roman"; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;">2020</div> </td> <td style="vertical-align: bottom; padding-right: 2pt; margin-bottom: 0pt; margin-top: 0pt; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="border-bottom:1pt solid #000000;vertical-align:bottom;"> <div style="font-family: "Times New Roman"; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;">2019</div> </td> <td style="vertical-align: bottom; padding-right: 2pt; margin-bottom: 0pt; margin-top: 0pt; padding-bottom: 0.5pt;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Operating lease cost: </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Lease cost<div style="letter-spacing: 0px; top: 0px;;display:inline;"> <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,263 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,909 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Variable lease cost<div style="letter-spacing: 0px; top: 0px;;display:inline;"> <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2)</div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,396 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,206 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Sublease income </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(77</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(88</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 82%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,582 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,027 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 82%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="margin-top: 0pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Includes short-term lease cost and ROU asset amortization.</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Primarily relates to common area maintenance, property taxes, insurance, utilities and parking.</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div><div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Maturities of lease liabilities by year consisted of the following (in thousands): </div></div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0px; line-height: 12pt;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="margin-top: 0pt;margin-bottom: 0in;width: 68%;font-size: 10pt;border-collapse: separate;border-spacing: 0px;;margin : 0px auto;;margin-left : auto;margin-right : auto;"> <tr style="font-size: 0px;"> <td style="width: 88%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt; white-space: nowrap;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal; white-space: nowrap;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">March 31,<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> </div>2020 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Remainder of 2020 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,952</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2021 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,294</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2022 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,342</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2023 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">12,065</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2024 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,887</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Thereafter </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">14,838</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total future minimum lease payments </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">87,378</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Less imputed interest </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(7,986</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Present value of operating lease liabilities </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">79,392</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Supplemental cash flow information and noncash activity related to the operating leases consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 68%; font-size: 10pt; border-collapse: separate; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Operating cash flow information: </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash paid for amounts included in the measurement of operating lease liabilities </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,223 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4,842 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Noncash activity: </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ROU assets obtained in exchange for operating lease liabilities<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;"> </div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,109 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,227 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Tenant improvements owned by lessor related to ROU assets<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">317 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,306 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Reclassification from other assets current.</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div><div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 8pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other information related to the operating leases consisted of the following: </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 8pt auto 0px; width: 68%; font-size: 10pt; border-collapse: separate; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 64%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 9%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 9%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average remaining operating lease term </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5.04 years </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5.04 years </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average discount rate </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.7</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.8</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div>
</us-gaap:LesseeOperatingLeasesTextBlock>
<mmi:OperatingLeaseRightOfUseAssetGross contextRef="PAsOn03_31_2020" decimals="-5" unitRef="Unit_USD"> 114500000 </mmi:OperatingLeaseRightOfUseAssetGross>
<mmi:OperatingLeaseRightOfUseAssetGross contextRef="PAsOn12_31_2019" decimals="-5" unitRef="Unit_USD"> 111100000 </mmi:OperatingLeaseRightOfUseAssetGross>
<mmi:AccumulatedAmortizationOfRightOfUseLeaseAssets contextRef="PAsOn03_31_2020" decimals="-5" unitRef="Unit_USD"> 26000000.0 </mmi:AccumulatedAmortizationOfRightOfUseLeaseAssets>
<mmi:AccumulatedAmortizationOfRightOfUseLeaseAssets contextRef="PAsOn12_31_2019" decimals="-5" unitRef="Unit_USD"> 20600000 </mmi:AccumulatedAmortizationOfRightOfUseLeaseAssets>
<us-gaap:LeaseCostTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The operating lease cost, included in selling, general and administrative expense in the condensed consolidated statement of net and comprehensive income, consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 9pt auto 0px;width: 76%;font-size: 10pt;border-collapse: separate;border-spacing: 0;"> <tr style=" font-size: 0pt; "> <td style="width:82%;"> </td> <td style="width:4%;"> </td> <td> </td> <td> </td> <td> </td> <td style="width:4%;"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="page-break-inside:avoid;font-size:8pt;"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> <div style="font-family: "Times New Roman"; font-weight: normal; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"> </div></div> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="6" style="border-bottom:1pt solid #000000;vertical-align:bottom;"> <div style="font-family: "Times New Roman"; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;">Three Months Ended </div> <div style="font-family: "Times New Roman"; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;">March 31,</div> </td> <td style="padding-bottom: 0.5pt;"> </td> </tr> <tr style="page-break-inside:avoid;font-size:8pt;"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> <div style="font-family: "Times New Roman"; font-weight: normal; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"> </div></div> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="border-bottom:1pt solid #000000;vertical-align:bottom;"> <div style="font-family: "Times New Roman"; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;">2020</div> </td> <td style="vertical-align: bottom; padding-right: 2pt; margin-bottom: 0pt; margin-top: 0pt; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="border-bottom:1pt solid #000000;vertical-align:bottom;"> <div style="font-family: "Times New Roman"; text-align: center; font-size: 8pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;">2019</div> </td> <td style="vertical-align: bottom; padding-right: 2pt; margin-bottom: 0pt; margin-top: 0pt; padding-bottom: 0.5pt;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Operating lease cost: </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Lease cost<div style="letter-spacing: 0px; top: 0px;;display:inline;"> <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,263 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,909 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Variable lease cost<div style="letter-spacing: 0px; top: 0px;;display:inline;"> <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2)</div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,396 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,206 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Sublease income </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(77</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(88</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 82%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,582 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,027 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 82%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="margin-top: 0pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Includes short-term lease cost and ROU asset amortization.</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Primarily relates to common area maintenance, property taxes, insurance, utilities and parking.</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div>
</us-gaap:LeaseCostTableTextBlock>
<us-gaap:OperatingLeaseCost contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 6263000 </us-gaap:OperatingLeaseCost>
<us-gaap:OperatingLeaseCost contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 5909000 </us-gaap:OperatingLeaseCost>
<us-gaap:VariableLeaseCost contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 1396000 </us-gaap:VariableLeaseCost>
<us-gaap:VariableLeaseCost contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 1206000 </us-gaap:VariableLeaseCost>
<us-gaap:SubleaseIncome contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 77000 </us-gaap:SubleaseIncome>
<us-gaap:SubleaseIncome contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 88000 </us-gaap:SubleaseIncome>
<us-gaap:LeaseCost contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 7582000 </us-gaap:LeaseCost>
<us-gaap:LeaseCost contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 7027000 </us-gaap:LeaseCost>
<us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 9pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Maturities of lease liabilities by year consisted of the following (in thousands): </div></div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0px; line-height: 12pt;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="margin-top: 0pt;margin-bottom: 0in;width: 68%;font-size: 10pt;border-collapse: separate;border-spacing: 0px;;margin : 0px auto;;margin-left : auto;margin-right : auto;"> <tr style="font-size: 0px;"> <td style="width: 88%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt; white-space: nowrap;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal; white-space: nowrap;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">March 31,<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> </div>2020 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Remainder of 2020 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,952</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2021 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,294</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2022 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,342</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2023 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">12,065</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2024 </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,887</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Thereafter </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">14,838</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total future minimum lease payments </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">87,378</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Less imputed interest </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(7,986</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Present value of operating lease liabilities </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">79,392</div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div>
</us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 15952000 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 19294000 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueYearTwo contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 15342000 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueYearTwo>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueYearThree contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 12065000 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueYearThree>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueYearFour contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 9887000 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueYearFour>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 14838000 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsDue contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 87378000 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsDue>
<us-gaap:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 7986000 </us-gaap:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount>
<us-gaap:OperatingLeaseLiability contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 79392000 </us-gaap:OperatingLeaseLiability>
<us-gaap:ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Supplemental cash flow information and noncash activity related to the operating leases consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 68%; font-size: 10pt; border-collapse: separate; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Operating cash flow information: </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash paid for amounts included in the measurement of operating lease liabilities </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,223 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4,842 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Noncash activity: </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ROU assets obtained in exchange for operating lease liabilities<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;"> </div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,109 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,227 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Tenant improvements owned by lessor related to ROU assets<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">317 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,306 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Reclassification from other assets current.</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div>
</us-gaap:ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock>
<us-gaap:OperatingLeasePayments contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 5223000 </us-gaap:OperatingLeasePayments>
<us-gaap:OperatingLeasePayments contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 4842000 </us-gaap:OperatingLeasePayments>
<us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 3109000 </us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability>
<us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 3227000 </us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability>
<mmi:TenanantImprovemntsOwnedByLessor contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 317000 </mmi:TenanantImprovemntsOwnedByLessor>
<mmi:TenanantImprovemntsOwnedByLessor contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 1306000 </mmi:TenanantImprovemntsOwnedByLessor>
<mmi:ScheduleOfWeightedAverageRemainingLeaseTermAndDiscountRateTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 8pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other information related to the operating leases consisted of the following: </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 8pt auto 0px; width: 68%; font-size: 10pt; border-collapse: separate; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 64%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 9%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 9%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average remaining operating lease term </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5.04 years </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5.04 years </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average discount rate </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.7</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 9%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.8</div></div> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div>
</mmi:ScheduleOfWeightedAverageRemainingLeaseTermAndDiscountRateTableTextBlock>
<us-gaap:OperatingLeaseWeightedAverageRemainingLeaseTerm1 contextRef="PAsOn03_31_2020"> P5Y14D </us-gaap:OperatingLeaseWeightedAverageRemainingLeaseTerm1>
<us-gaap:OperatingLeaseWeightedAverageRemainingLeaseTerm1 contextRef="PAsOn12_31_2019"> P5Y14D </us-gaap:OperatingLeaseWeightedAverageRemainingLeaseTerm1>
<us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent contextRef="PAsOn03_31_2020" decimals="3" unitRef="Unit_pure"> 0.037 </us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent>
<us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent contextRef="PAsOn12_31_2019" decimals="3" unitRef="Unit_pure"> 0.038 </us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent>
<us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">5. </div></div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Investments in Marketable Debt Securities</div></div></td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; line-height: 12pt;">Amortized cost, allowance for credit losses, gross unrealized gains/losses in accumulated other comprehensive income (loss) and fair value of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> by type of security consisted of the following (in thousands):</div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 64%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="18" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortized<br/>Cost </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Allowance<br/>for Credit<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Gains </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Short-term investments: </div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">113,885 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">835 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">114,720 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,128 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,137 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,801 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(95</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,711 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">301 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">296 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">143,115 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">— </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">849 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(100</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> 143,864 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Long-term investments: </div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,015 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">495 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,510 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,299 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">29 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,328 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,633 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">634 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(661</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,606 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,007 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">44 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(285</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,766 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">44,954 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,202 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(946</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">45,210 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 69%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="14" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortized<br/>Cost </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Gains </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Short-term investments: </div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,389 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">196 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,580 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,128 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">44 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,172 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 69%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,517 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">240 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,752 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 69%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Long-term investments: </div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,188 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">235 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,423 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,353 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,355 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,447 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,027 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(3</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,471 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,480 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">93 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(13</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,560 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 69%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">59,468 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,358 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(17</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">60,809 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 69%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">The Company’s investments in <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale</div> debt securities that have been in a continuous unrealized loss position, for which an allowance for credit losses has not been recorded, by type of security consisted of the following (in thousands):</div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 64%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="22" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Less than 12 months </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; white-space: nowrap; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal; white-space: nowrap;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">12 months or<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> </div>greater </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Total </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">17,553</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(756</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; width: 2%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; width: 5%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">17,553</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(756</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,207</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(290</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; font-size: 10pt; width: 2%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; font-size: 10pt; width: 5%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,207</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(290</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,760</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,046</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; width: 3%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; width: 5%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,760</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,046</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="22" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Less than 12 months </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">12 months or greater </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Total </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,823</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>39,823</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">566</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">566</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,029</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(3</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,029</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(3</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,971</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(13</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,971</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(13</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">47,823</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(21</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$  </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">566</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">48,389</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(22</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">Gross realized gains and gross realized losses from the sales of the Company’s <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale</div> debt securities consisted of the following (in thousands):</div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 68%; font-size: 8pt; border-spacing: 0px;"> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0pt 0pt 1.25pt; font-size: 10pt; width: 82%; height: 15px;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">Gross realized gains<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 6%; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">53</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 6%; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">35</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross realized losses<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 6%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 6%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(47</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 82%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 6%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 6%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor;width: 100%;text-align: left;font-family: "Times New Roman";font-size: 10pt;margin: 6pt auto 0in 0px;border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Recorded in other (expense) income, net in the condensed consolidated statements of net and comprehensive income. The cost basis of securities sold were determined based on the specific identification method.</td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company invests its excess cash in a diversified portfolio of fixed and variable rate debt securities to meet current and future cash flow needs. All investments are made in accordance with the Company’s approved investment policy. As of March 31, 2020, the portfolio had an average credit rating of AA+ and weighted term to final maturity of 1.8 years, with 54 securities in the portfolio with an unrealized loss aggregating $1.0 million, or 0.6% of amortized cost, and an average credit rating of A. </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of March 31, 2020, the Company performed an impairment analysis and determined an allowance for credit losses was not required. The Company determined that it did not have an intent to sell and it was not more likely than not that the Company would be required to sell any security based on its current liquidity position, or to maintain compliance with its investment policy, specifically as it relates to minimum credit ratings. The Company evaluated the securities with an unrealized loss considering severity of loss, credit ratings, specific credit events during the period since acquisition, overall likelihood of default, market sector, potential impact from the current economic situation and a review of an issuer’s liquidity and financial strength, as needed. The Company concluded that it would receive all scheduled interest and principle payments. The Company, therefore, determined qualitatively that the unrealized loss was related to changes in interest rates and other market factors and that no allowance for credit losses was required. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">Amortized cost and fair value of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> by contractual maturity consisted of the following (in thousands, except weighted average data):</div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 92%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortized<br/>Cost </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortized<br/>Cost </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Due in one year or less </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">143,115 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">143,864 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,517 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,752 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Due after one year through five years </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">28,923 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">29,204 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">41,123 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">41,794 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Due after five years through ten years </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,840 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,960 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">12,813 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">13,467 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Due after ten years </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,191 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,046 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,532 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,548 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">188,069 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">189,074 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">209,985 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">211,561 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average contractual maturity </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.8 years </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.7 years </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px; line-height: 12pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Actual maturities may differ from contractual maturities because certain issuers have the right to prepay certain obligations with or without prepayment penalties. </div></div></div>
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<us-gaap:ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; line-height: 12pt;">Amortized cost, allowance for credit losses, gross unrealized gains/losses in accumulated other comprehensive income (loss) and fair value of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> by type of security consisted of the following (in thousands):</div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 64%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="18" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortized<br/>Cost </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Allowance<br/>for Credit<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Gains </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Short-term investments: </div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">113,885 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">835 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">114,720 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,128 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,137 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,801 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(95</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,711 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">301 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">296 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">143,115 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">— </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">849 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(100</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> 143,864 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Long-term investments: </div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,015 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">495 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,510 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,299 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">29 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,328 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,633 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">634 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(661</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,606 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,007 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">44 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(285</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,766 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">44,954 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,202 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(946</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">45,210 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 69%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="14" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortized<br/>Cost </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Gains </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Short-term investments: </div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,389 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">196 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,580 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,128 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">44 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,172 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 69%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,517 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">240 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,752 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 69%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Long-term investments: </div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,188 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">235 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,423 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,353 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,355 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,447 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,027 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(3</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,471 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,480 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">93 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(13</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,560 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 69%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 69%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">59,468 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,358 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(17</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">60,809 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 69%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div>
</us-gaap:ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 113885000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 835000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 114720000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 9128000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 9000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 9137000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 19801000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 5000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 95000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 19711000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 301000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 5000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 296000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 143115000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 849000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 100000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 143864000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 10015000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 495000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 10510000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1299000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 29000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1328000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 25633000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 634000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 661000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 25606000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 8007000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 44000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 285000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 7766000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 44954000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 1202000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 946000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 45210000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 124389000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 196000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 5000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 124580000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 26128000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 44000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 26172000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 150517000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 240000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 5000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 150752000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 24188000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 235000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 24423000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1353000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 3000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1355000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 25447000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 1027000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 3000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 26471000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 8480000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 93000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 13000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 8560000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 59468000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 1358000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
<us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 17000 </us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 60809000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">The Company’s investments in <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale</div> debt securities that have been in a continuous unrealized loss position, for which an allowance for credit losses has not been recorded, by type of security consisted of the following (in thousands):</div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 64%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="22" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Less than 12 months </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; white-space: nowrap; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal; white-space: nowrap;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">12 months or<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> </div>greater </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Total </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">17,553</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(756</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; width: 2%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; width: 5%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">17,553</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(756</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,207</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(290</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; font-size: 10pt; width: 2%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; font-size: 10pt; width: 5%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,207</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(290</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 64%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,760</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,046</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; width: 3%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; font-size: 10pt; width: 5%; height: 16px; padding: 0pt 5pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">23,760</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,046</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 64%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="22" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Less than 12 months </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">12 months or greater </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Total </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Unrealized<br/>Losses </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,823</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>39,823</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(5</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">566</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">566</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,029</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(3</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,029</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(3</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,971</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(13</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,971</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(13</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">47,823</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(21</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$  </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">566</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">48,389</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(22</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div>
</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 17553000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 756000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
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<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 17553000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
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<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 290000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
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<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 1046000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 23760000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 1046000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="PAsOn12_31_2019_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 39823000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="PAsOn12_31_2019_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 5000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="PAsOn12_31_2019_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
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<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="PAsOn12_31_2019_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 39823000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="PAsOn12_31_2019_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 5000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
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<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="PAsOn12_31_2019_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
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<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="PAsOn12_31_2019_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 566000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="PAsOn12_31_2019_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 6029000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 3000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 6029000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 3000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1971000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 13000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1971000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 13000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 47823000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 21000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 566000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 1000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 48389000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 22000 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
<us-gaap:RealizedGainLossOnInvestmentsTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">Gross realized gains and gross realized losses from the sales of the Company’s <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale</div> debt securities consisted of the following (in thousands):</div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 68%; font-size: 8pt; border-spacing: 0px;"> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0pt 0pt 1.25pt; font-size: 10pt; width: 82%; height: 15px;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">Gross realized gains<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 6%; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">53</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 6%; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">35</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 82%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross realized losses<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 6%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 6%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(47</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 82%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 6%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 6%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor;width: 100%;text-align: left;font-family: "Times New Roman";font-size: 10pt;margin: 6pt auto 0in 0px;border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Recorded in other (expense) income, net in the condensed consolidated statements of net and comprehensive income. The cost basis of securities sold were determined based on the specific identification method.</td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div>
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<us-gaap:AvailableForSaleSecuritiesGrossRealizedGains contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 53000 </us-gaap:AvailableForSaleSecuritiesGrossRealizedGains>
<us-gaap:AvailableForSaleSecuritiesGrossRealizedGains contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 35000 </us-gaap:AvailableForSaleSecuritiesGrossRealizedGains>
<us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses>
<us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 47000 </us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses>
<mmi:AvailableForSaleSecuritiesWeightedAverageMaturity contextRef="P01_01_2020To03_31_2020_FitchAAPlusRatingMembersrtCreditRatingFitchAxis_MoodysAaaRatingMembersrtCreditRatingMoodysAxis_StandardPoorsAAPlusRatingMembersrtCreditRatingStandardPoorsAxis"> P1Y9M18D </mmi:AvailableForSaleSecuritiesWeightedAverageMaturity>
<us-gaap:DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions contextRef="PAsOn03_31_2020_FitchARatingMembersrtCreditRatingFitchAxis_MoodysA1RatingMembersrtCreditRatingMoodysAxis_WeightedAverageCreditARatingMembersrtCreditRatingStandardPoorsAxis" decimals="0" unitRef="Unit_pure"> 54 </us-gaap:DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions>
<us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="PAsOn03_31_2020_FitchARatingMembersrtCreditRatingFitchAxis_MoodysA1RatingMembersrtCreditRatingMoodysAxis_WeightedAverageCreditARatingMembersrtCreditRatingStandardPoorsAxis" decimals="-5" unitRef="Unit_USD"> 1000000.0 </us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
<mmi:PercentageOfAmortizedCost contextRef="PAsOn03_31_2020_FitchARatingMembersrtCreditRatingFitchAxis_MoodysA1RatingMembersrtCreditRatingMoodysAxis_WeightedAverageCreditARatingMembersrtCreditRatingStandardPoorsAxis" decimals="3" unitRef="Unit_pure"> 0.006 </mmi:PercentageOfAmortizedCost>
<us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss>
<us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">Amortized cost and fair value of marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> by contractual maturity consisted of the following (in thousands, except weighted average data):</div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 92%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortized<br/>Cost </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortized<br/>Cost </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; border-bottom: 1pt solid rgb(0, 0, 0); padding-bottom: 0in;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Due in one year or less </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">143,115 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">143,864 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,517 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,752 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Due after one year through five years </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">28,923 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">29,204 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">41,123 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">41,794 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Due after five years through ten years </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,840 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,960 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">12,813 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">13,467 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Due after ten years </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,191 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,046 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,532 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,548 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">188,069 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">189,074 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">209,985 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">211,561 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 3%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0); padding-bottom: 0in;"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average contractual maturity </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.8 years </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 3%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.7 years </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"> </div>
</us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 143115000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 143864000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 150517000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 150752000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 28923000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 29204000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 41123000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 41794000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 10840000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 10960000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 12813000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 13467000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 5191000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 5046000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 5532000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost>
<us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 5548000 </us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 188069000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 189074000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 209985000 </us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 211561000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<mmi:AvailableForSaleSecuritiesWeightedAverageMaturity contextRef="P01_01_2020To03_31_2020"> P1Y9M18D </mmi:AvailableForSaleSecuritiesWeightedAverageMaturity>
<mmi:AvailableForSaleSecuritiesWeightedAverageMaturity contextRef="P01_01_2019To12_31_2019"> P1Y8M12D </mmi:AvailableForSaleSecuritiesWeightedAverageMaturity>
<us-gaap:BusinessCombinationDisclosureTextBlock contextRef="P04_01_2020To06_30_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">6. </div></div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Acquisitions, Goodwill and Other Intangible Assets</div></div></td></tr></table><div style="clear: both; max-height: 0px;"> </div><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Through acquisitions, the Company expanded its network of its real estate sales professionals and provided further diversification to its real estate brokerage services. </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Acquisitions are accounted for as a business combination, and the results are included in the condensed consolidated financial statements beginning on the acquisition date. The aggregate consideration generally includes: (i) cash paid at closing and (ii) the fair value of contingent and deferred consideration using a probability-weighted, discounted cash flow estimate on achieving certain financial metrics or service and time requirements. Contingent and deferred consideration are included in accounts payable and other liabilities and other liabilities captions in the condensed consolidated balance sheets. </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">The goodwill recorded as part of the acquisitions primarily arises from the acquired assembled workforce and commercial sales platform. The Company expects all of the goodwill to be tax deductible, with the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">tax-deductible</div> amount of goodwill related to the contingent and deferred consideration to be determined once the cash payments are made to settle any contingent and deferred consideration. The goodwill resulting from acquisitions is allocated to the Company’s one reporting unit. </div></div><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Goodwill and intangible assets, net consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 58%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="10" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="10" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Carrying<br/>Amount </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated<br/>Amortization </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Book<br/>Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Carrying<br/>Amount </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated<br/>Amortization </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Book<br/>Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 58%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Goodwill and intangible assets: </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 58%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Goodwill<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,062 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,062 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,072 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,072 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 58%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Intangible assets<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">14,851 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(2,659</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">12,192 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,050 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,810</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,240 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 58%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 58%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">33,913 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(2,659</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">31,254 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,122 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,810</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">22,312 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 58%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><br/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Represents additions from acquisitions.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total weighted average amortization period was 5.00 years and 4.37 years as of March 31, 2020 and December 31, 2019, respectively.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> </div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The changes in the carrying amount of goodwill consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Beginning balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,072 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">11,459 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Additions from acquisitions </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,990 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Impairment losses </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ending balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,062 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">11,459 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Estimated amortization expense for intangible assets by year for the next five years and thereafter consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 68%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 83%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 11%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Remainder of 2020 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,589</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2021 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,594</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2022 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,212</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2023 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,209</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2024 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,622</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Thereafter </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">966</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">12,192</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">The Company evaluates goodwill and intangible assets for impairment annually in the fourth quarter. In addition to the annual impairment evaluation, the Company evaluates at least quarterly whether events or circumstances have occurred in the period subsequent to the annual impairment testing which indicate that it is more likely than not an impairment loss has occurred. As of March 31, 2020, the Company considered the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> pandemic as a triggering event and evaluated its goodwill and intangible<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">assets for impairment testing. The Company considered the impact from the </div><div style="font-size: 10pt; white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> induced economic slowdown and current projected recovery timeframes and their impact on goodwill and intangible assets. The Company concluded that as of March 31, 2020, there was no impairment of its goodwill and intangible assets.</div></div>
</us-gaap:BusinessCombinationDisclosureTextBlock>
<us-gaap:NumberOfReportingUnits contextRef="P01_01_2020To03_31_2020" decimals="0" unitRef="Unit_Segment"> 1 </us-gaap:NumberOfReportingUnits>
<us-gaap:ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Goodwill and intangible assets, net consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 58%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="10" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="10" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Carrying<br/>Amount </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated<br/>Amortization </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Book<br/>Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Gross<br/>Carrying<br/>Amount </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated<br/>Amortization </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Book<br/>Value </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 58%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Goodwill and intangible assets: </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 58%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Goodwill<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,062 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,062 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,072 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,072 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 58%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Intangible assets<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">14,851 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(2,659</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">12,192 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,050 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,810</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,240 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 58%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 58%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">33,913 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(2,659</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">31,254 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,122 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,810</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">22,312 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 58%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><br/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Represents additions from acquisitions.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total weighted average amortization period was 5.00 years and 4.37 years as of March 31, 2020 and December 31, 2019, respectively.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock>
<us-gaap:GoodwillGross contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 19062000 </us-gaap:GoodwillGross>
<mmi:GoodwillAccumulatedAmortization contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 0 </mmi:GoodwillAccumulatedAmortization>
<us-gaap:Goodwill contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 19062000 </us-gaap:Goodwill>
<us-gaap:GoodwillGross contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 15072000 </us-gaap:GoodwillGross>
<mmi:GoodwillAccumulatedAmortization contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 0 </mmi:GoodwillAccumulatedAmortization>
<us-gaap:Goodwill contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 15072000 </us-gaap:Goodwill>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 14851000 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> -2659000 </us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
<us-gaap:FiniteLivedIntangibleAssetsNet contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 12192000 </us-gaap:FiniteLivedIntangibleAssetsNet>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 9050000 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> -1810000 </us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
<us-gaap:FiniteLivedIntangibleAssetsNet contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 7240000 </us-gaap:FiniteLivedIntangibleAssetsNet>
<mmi:IntangibleAssetsGrossIncludingGoodwill contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 33913000 </mmi:IntangibleAssetsGrossIncludingGoodwill>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> -2659000 </us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
<us-gaap:IntangibleAssetsNetIncludingGoodwill contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 31254000 </us-gaap:IntangibleAssetsNetIncludingGoodwill>
<mmi:IntangibleAssetsGrossIncludingGoodwill contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 24122000 </mmi:IntangibleAssetsGrossIncludingGoodwill>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> -1810000 </us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
<us-gaap:IntangibleAssetsNetIncludingGoodwill contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 22312000 </us-gaap:IntangibleAssetsNetIncludingGoodwill>
<us-gaap:AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife contextRef="P01_01_2020To03_31_2020"> P5Y </us-gaap:AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife>
<us-gaap:AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife contextRef="P01_01_2019To12_31_2019"> P4Y4M13D </us-gaap:AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife>
<us-gaap:ScheduleOfGoodwillTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The changes in the carrying amount of goodwill consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Beginning balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,072 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">11,459 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Additions from acquisitions </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,990 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Impairment losses </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ending balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,062 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">11,459 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:ScheduleOfGoodwillTextBlock>
<us-gaap:Goodwill contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 15072000 </us-gaap:Goodwill>
<us-gaap:Goodwill contextRef="PAsOn12_31_2018" decimals="-3" unitRef="Unit_USD"> 11459000 </us-gaap:Goodwill>
<us-gaap:GoodwillAcquiredDuringPeriod contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 3990000 </us-gaap:GoodwillAcquiredDuringPeriod>
<us-gaap:GoodwillAcquiredDuringPeriod contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:GoodwillAcquiredDuringPeriod>
<us-gaap:GoodwillImpairmentLoss contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:GoodwillImpairmentLoss>
<us-gaap:GoodwillImpairmentLoss contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:GoodwillImpairmentLoss>
<us-gaap:Goodwill contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 19062000 </us-gaap:Goodwill>
<us-gaap:Goodwill contextRef="PAsOn03_31_2019" decimals="-3" unitRef="Unit_USD"> 11459000 </us-gaap:Goodwill>
<us-gaap:ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Estimated amortization expense for intangible assets by year for the next five years and thereafter consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 68%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 83%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 11%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Remainder of 2020 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,589</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2021 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,594</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2022 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,212</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2023 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,209</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2024 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,622</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Thereafter </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">966</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">12,192</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 2589000 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 2594000 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 2212000 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearThree contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 2209000 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearThree>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFour contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 1622000 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFour>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 966000 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive>
<us-gaap:FiniteLivedIntangibleAssetsNet contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 12192000 </us-gaap:FiniteLivedIntangibleAssetsNet>
<us-gaap:SupplementalBalanceSheetDisclosuresTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">7. </div></div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">Selected Balance Sheet Data</div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Advances and Loans, Net</div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Allowance for credit losses for advances and loans consisted of the following (in thousands): </div></div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 84%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Beginning balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">512</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">514</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Credit loss recovery </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(120</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(104</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Write-offs </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(3</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ending balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">390</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">407</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other Assets </div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other assets consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt 0in 0in; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 68%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Current </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Current </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Mortgage servicing rights (“MSRs”), net of amortization </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,950 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,002 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Security deposits </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,391 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,345 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Employee notes receivable<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">166 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">65 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">432 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">323 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Customer trust accounts and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,705 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,120 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">592 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">677 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 68%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,871 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,185 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4,365 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4,347 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 68%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable were $0 and $60 for the three months ended March 31, 2020 and 2019, respectively. See Note 9 – “Related-Party Transactions” for additional information.</td></tr></table><div style="clear: both; max-height: 0px;"/> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">MSRs </div></div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; text-indent: 0.34in;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The net change in the carrying value of MSRs consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 82%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Beginning balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,002 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,209 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Additions from acquisition </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Additions </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">77 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">129 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortization </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(129</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(135</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ending balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,950 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,203 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The portfolio of loans serviced by the Company aggregated $1.6 billion for each of the periods ended March 31, 2020 and December 31, 2019, respectively. See Note 10 – “Fair Value Measurements” for additional information on MSRs. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In connection with MSR activities, the Company holds funds in escrow for the benefit of the lenders. These funds, which totaled $3.5 million and $2.6 million as of March 31, 2020 and December 31, 2019, respectively, and the offsetting obligations are not presented in the Company’s condensed consolidated financial statements as they do not represent assets and liabilities of the Company. </div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred Compensation and Commissions </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred compensation and commissions consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 92%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 62%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Current </div></div></td> <td style="padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Current </div></div></td> <td style="padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Stock appreciation rights (“SARs”) liability<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,162 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,080 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">16,138 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">18,122 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commissions payable to investment sales and financing professionals </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">21,159</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">40,235</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,391</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">20,818</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Deferred compensation liability<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,553 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,553 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,691 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,688 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">379</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">433</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; font-size: 10pt; height: 16px; padding: 0pt 4pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; font-size: 10pt; height: 16px; padding: 0pt 4pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$ </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,253 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">44,301 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$ </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">28,220 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">45,628 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">The SARs and deferred compensation liability become subject to payout as a result of a participant no longer being considered as a service provider. As a result of the retirement of certain participants, estimated amounts to be paid to the participants within the next twelve months have been classified as current.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">SARs Liability </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Prior to the IPO, certain employees of the Company were granted SARs under a stock-based compensation program assumed by MMC. In connection with the IPO, the SARs agreements were revised, the MMC liability of $20.0 million for the SARs was frozen as of March 31, 2013 and was transferred to MMI through a capital distribution. The SARs liability will be settled with each participant in ten annual installments in January of each year upon retirement or termination from service, or in full upon consummation of a change in control of the Company. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">Under the revised agreements, MMI is required to accrue interest on the outstanding balance beginning on January 1, 2014 at a rate based on the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10-year</div> treasury note, plus 2%. The rate resets annually. The rates at January 1, 2020 and 2019 were 3.920% and 4.684%, respectively. MMI recorded interest expense related to this liability of $178,000 and $226,000 for the three months ended March 31, 2020 and 2019, respectively.</div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Estimated payouts within the next twelve months for participants that have separated from service have been classified as current. During the three months ended March 31, 2020 and 2019, the Company made total payments of $2.1 million and $1.7 million, consisting of principal and accumulated interest, respectively. </div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commissions Payable </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Certain investment sales professionals have the ability to earn additional commissions after meeting certain annual revenue thresholds. These commissions are recognized as cost of services in the period in which they are earned as they relate to specific transactions closed. The Company has the ability to defer payment of certain commissions, at its election, for up to three years. Commissions payable that are not expected to be paid within twelve months are classified as long-term. </div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred Compensation Liability </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">A select group of management is eligible to participate in the Marcus & Millichap Deferred Compensation Plan (the “Deferred Compensation Plan”). The Deferred Compensation Plan is a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-qualified</div> deferred compensation plan that is intended to comply with Section 409A of the Internal Revenue Code and permits participants to defer compensation up to the limits set forth in the Deferred Compensation Plan. Amounts are paid out generally when the participant is no longer a service provider; however, an <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">in-service </div> payout election is available to participants. Participants may elect to receive payouts as a lump sum or quarterly over a <span style="-sec-ix-hidden:hidden12882651">two</span> to<span style="-sec-ix-hidden:hidden12882652"> fifteen-year</span> period. The Company elected to fund the Deferred Compensation Plan through company owned variable life insurance policies. The Deferred Compensation Plan is managed by a third-party institutional fund manager, and the deferred compensation and investment earnings are held as a Company asset in a rabbi trust, which is recorded in assets held in rabbi trust in the accompanying condensed consolidated balance sheets. The assets in the trust are restricted unless the Company becomes insolvent, in which case the trust assets are subject to the claims of the Company’s creditors. The Company may also, in its sole and absolute discretion, elect to withdraw at any time a portion of the trust assets by an amount by which the fair market value of the trust assets exceeds 110% of the aggregate deferred compensation liability represented by the participants’ accounts. Estimated payouts within the next twelve months for participants that have separated from service or elected in service payout have been classified as current. During the three months ended March 31, 2020 and 2019, the Company made total payments to participants of $358,000 and $315,000, respectively.</div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The assets held in the rabbi trust are carried at the cash surrender value of the variable life insurance policies, which represents its fair value. The net change in the carrying value of the assets held in the rabbi trust and the net change in the carrying value of the deferred compensation liability, each exclusive of additional contributions, distributions and trust expenses consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 8pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 83%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"><div style="font-weight:bold;display:inline;width:100%;"> </div></td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; line-height: normal;"><div style="font-family: "Times New Roman"; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; line-height: normal;"><div style="font-family: "Times New Roman"; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"><div style="font-weight:bold;display:inline;width:100%;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 83%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">(Decrease) increase in the carrying value of the assets held in the rabbi trust<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,388</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">703 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 83%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 83%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">(Decrease) increase in the net carrying value of the deferred compensation obligation<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; padding: 0px; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,273</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">685 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 83%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Recorded in other (expense) income, net in the condensed consolidated statements of net and comprehensive income.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Recorded in selling, general and administrative expense in the condensed consolidated statements of net and comprehensive income.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other Liabilities </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other liabilities consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 76%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 7%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 7%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Current </div></div></td> <td style="padding-bottom: 1pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Deferred consideration and other<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1) (2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,129</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">830</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Contingent consideration<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1) (2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,498</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,709</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,627</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,539</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">The current portions of deferred consideration in the amounts of $1,783 and $560 as of March 31, 2020 and December 31, 2019, respectively, are included in accounts payable and other liabilities in the condensed consolidated balance sheets. The current portions of contingent consideration in the amounts of $664 and $678 as of March 31, 2020 and December 31, 2019, respectively, are included in accounts payable and other liabilities in the condensed consolidated balance sheets.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Deferred consideration in the aggregate amount of $1,401 was reclassified from contingent consideration during the three months ended March 31, 2020 and of this amount, $560 and $841 pertained to the current and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-current</div> portions, respectively.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:SupplementalBalanceSheetDisclosuresTextBlock>
<mmi:AdvancesAndLoansAllowanceForCreditLossesTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Allowance for credit losses for advances and loans consisted of the following (in thousands): </div></div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 84%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Beginning balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">512</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">514</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Credit loss recovery </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(120</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(104</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Write-offs </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(3</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ending balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">390</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">407</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</mmi:AdvancesAndLoansAllowanceForCreditLossesTableTextBlock>
<mmi:AdvancesAndLoansAllowanceForCreditLosses contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 512000 </mmi:AdvancesAndLoansAllowanceForCreditLosses>
<mmi:AdvancesAndLoansAllowanceForCreditLosses contextRef="PAsOn12_31_2018" decimals="-3" unitRef="Unit_USD"> 514000 </mmi:AdvancesAndLoansAllowanceForCreditLosses>
<mmi:CreditLossExpenseReversalForAdvancesAndLoans contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> -120000 </mmi:CreditLossExpenseReversalForAdvancesAndLoans>
<mmi:CreditLossExpenseReversalForAdvancesAndLoans contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> -104000 </mmi:CreditLossExpenseReversalForAdvancesAndLoans>
<mmi:AdvancesAndLoansAllowanceForCreditLossesWriteOffs contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 2000 </mmi:AdvancesAndLoansAllowanceForCreditLossesWriteOffs>
<mmi:AdvancesAndLoansAllowanceForCreditLossesWriteOffs contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 3000 </mmi:AdvancesAndLoansAllowanceForCreditLossesWriteOffs>
<mmi:AdvancesAndLoansAllowanceForCreditLosses contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 390000 </mmi:AdvancesAndLoansAllowanceForCreditLosses>
<mmi:AdvancesAndLoansAllowanceForCreditLosses contextRef="PAsOn03_31_2019" decimals="-3" unitRef="Unit_USD"> 407000 </mmi:AdvancesAndLoansAllowanceForCreditLosses>
<us-gaap:ScheduleOfOtherAssetsTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other assets consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt 0in 0in; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 68%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Current </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Current </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Mortgage servicing rights (“MSRs”), net of amortization </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,950 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,002 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Security deposits </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,391 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,345 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Employee notes receivable<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">166 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">65 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">432 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">323 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Customer trust accounts and other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,705 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,120 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">592 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">677 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 68%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 68%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,871 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,185 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4,365 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4,347 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 68%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Reduction of accrued bonuses and other employee related expenses in settlement of employee notes receivable were $0 and $60 for the three months ended March 31, 2020 and 2019, respectively. See Note 9 – “Related-Party Transactions” for additional information.</td></tr></table><div style="clear: both; max-height: 0px;"/>
</us-gaap:ScheduleOfOtherAssetsTableTextBlock>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn03_31_2020_MortgageServicingRightsMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn12_31_2019_MortgageServicingRightsMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn03_31_2020_MortgageServicingRightsMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 1950000 </us-gaap:OtherAssetsNoncurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn12_31_2019_MortgageServicingRightsMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 2002000 </us-gaap:OtherAssetsNoncurrent>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn03_31_2020_SecurityDepositMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn12_31_2019_SecurityDepositMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn03_31_2020_SecurityDepositMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 1391000 </us-gaap:OtherAssetsNoncurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn12_31_2019_SecurityDepositMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 1345000 </us-gaap:OtherAssetsNoncurrent>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn03_31_2020_EmployeeNotesReceivableMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 166000 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn12_31_2019_EmployeeNotesReceivableMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 65000 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn03_31_2020_EmployeeNotesReceivableMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 432000 </us-gaap:OtherAssetsNoncurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn12_31_2019_EmployeeNotesReceivableMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 323000 </us-gaap:OtherAssetsNoncurrent>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn03_31_2020_CustomerTrustAccountsAndOtherMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 2705000 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn12_31_2019_CustomerTrustAccountsAndOtherMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 3120000 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn03_31_2020_CustomerTrustAccountsAndOtherMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 592000 </us-gaap:OtherAssetsNoncurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn12_31_2019_CustomerTrustAccountsAndOtherMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 677000 </us-gaap:OtherAssetsNoncurrent>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 2871000 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsCurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 3185000 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 4365000 </us-gaap:OtherAssetsNoncurrent>
<us-gaap:OtherAssetsNoncurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 4347000 </us-gaap:OtherAssetsNoncurrent>
<mmi:ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 0 </mmi:ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable>
<mmi:ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 60000 </mmi:ReductionOfAccruedBonusesAndOtherEmployeeRelatedExpensesInSettlementOfEmployeeNotesReceivable>
<us-gaap:ScheduleOfServicingAssetsAtAmortizedValueTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; text-indent: 0.34in;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The net change in the carrying value of MSRs consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 82%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Beginning balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,002 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,209 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Additions from acquisition </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Additions </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">77 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">129 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Amortization </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(129</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(135</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ending balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,950 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,203 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:ScheduleOfServicingAssetsAtAmortizedValueTextBlock>
<us-gaap:ServicingAssetAtAmortizedValue contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 2002000 </us-gaap:ServicingAssetAtAmortizedValue>
<us-gaap:ServicingAssetAtAmortizedValue contextRef="PAsOn12_31_2018" decimals="-3" unitRef="Unit_USD"> 2209000 </us-gaap:ServicingAssetAtAmortizedValue>
<us-gaap:ServicingAssetAtAmortizedValueAdditions contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:ServicingAssetAtAmortizedValueAdditions>
<us-gaap:ServicingAssetAtAmortizedValueAdditions contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:ServicingAssetAtAmortizedValueAdditions>
<mmi:ServicingAssetAtAmortizedCostAdditionsFollowingAcquisition contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 77000 </mmi:ServicingAssetAtAmortizedCostAdditionsFollowingAcquisition>
<mmi:ServicingAssetAtAmortizedCostAdditionsFollowingAcquisition contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 129000 </mmi:ServicingAssetAtAmortizedCostAdditionsFollowingAcquisition>
<us-gaap:ServicingAssetAtAmortizedValueAmortization1 contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 129000 </us-gaap:ServicingAssetAtAmortizedValueAmortization1>
<us-gaap:ServicingAssetAtAmortizedValueAmortization1 contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 135000 </us-gaap:ServicingAssetAtAmortizedValueAmortization1>
<us-gaap:ServicingAssetAtAmortizedValue contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 1950000 </us-gaap:ServicingAssetAtAmortizedValue>
<us-gaap:ServicingAssetAtAmortizedValue contextRef="PAsOn03_31_2019" decimals="-3" unitRef="Unit_USD"> 2203000 </us-gaap:ServicingAssetAtAmortizedValue>
<us-gaap:PrincipalAmountOutstandingOnLoansManagedAndSecuritized contextRef="PAsOn12_31_2019_MortgageServicingRightsMemberusgaapBalanceSheetLocationAxis" decimals="-8" unitRef="Unit_USD"> 1600000000 </us-gaap:PrincipalAmountOutstandingOnLoansManagedAndSecuritized>
<us-gaap:PrincipalAmountOutstandingOnLoansManagedAndSecuritized contextRef="PAsOn03_31_2020_MortgageServicingRightsMemberusgaapBalanceSheetLocationAxis" decimals="-8" unitRef="Unit_USD"> 1600000000 </us-gaap:PrincipalAmountOutstandingOnLoansManagedAndSecuritized>
<us-gaap:EscrowDeposit contextRef="PAsOn03_31_2020_MortgageServicingRightsMemberusgaapBalanceSheetLocationAxis" decimals="-5" unitRef="Unit_USD"> 3500000 </us-gaap:EscrowDeposit>
<us-gaap:EscrowDeposit contextRef="PAsOn12_31_2019_MortgageServicingRightsMemberusgaapBalanceSheetLocationAxis" decimals="-5" unitRef="Unit_USD"> 2600000 </us-gaap:EscrowDeposit>
<mmi:ScheduleOfDeferredCompensationAndCommissionsTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred compensation and commissions consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 92%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 62%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Current </div></div></td> <td style="padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Current </div></div></td> <td style="padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Stock appreciation rights (“SARs”) liability<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,162 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,080 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">16,138 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">18,122 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commissions payable to investment sales and financing professionals </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">21,159</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">40,235</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,391</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">20,818</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Deferred compensation liability<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,553 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,553 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,691 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6,688 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">379</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">433</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; font-size: 10pt; height: 16px; padding: 0pt 4pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; font-size: 10pt; height: 16px; padding: 0pt 4pt 0pt 0pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">—</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 62%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$ </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,253 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">44,301 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$ </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">28,220 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">45,628 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 62%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">The SARs and deferred compensation liability become subject to payout as a result of a participant no longer being considered as a service provider. As a result of the retirement of certain participants, estimated amounts to be paid to the participants within the next twelve months have been classified as current.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</mmi:ScheduleOfDeferredCompensationAndCommissionsTableTextBlock>
<mmi:StockAppreciationRightsLiabilityCurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 2162000 </mmi:StockAppreciationRightsLiabilityCurrent>
<mmi:StockAppreciationRightsLiabilityCurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 2080000 </mmi:StockAppreciationRightsLiabilityCurrent>
<mmi:StockAppreciationRightsLiabilityNoncurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 16138000 </mmi:StockAppreciationRightsLiabilityNoncurrent>
<mmi:StockAppreciationRightsLiabilityNoncurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 18122000 </mmi:StockAppreciationRightsLiabilityNoncurrent>
<us-gaap:AccruedSalesCommissionCurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 21159000 </us-gaap:AccruedSalesCommissionCurrent>
<us-gaap:AccruedSalesCommissionCurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 40235000 </us-gaap:AccruedSalesCommissionCurrent>
<mmi:AccruedSalesCommissionNonCurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 6391000 </mmi:AccruedSalesCommissionNonCurrent>
<mmi:AccruedSalesCommissionNonCurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 20818000 </mmi:AccruedSalesCommissionNonCurrent>
<us-gaap:DeferredCompensationCashBasedArrangementsLiabilityCurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 1553000 </us-gaap:DeferredCompensationCashBasedArrangementsLiabilityCurrent>
<us-gaap:DeferredCompensationCashBasedArrangementsLiabilityCurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 1553000 </us-gaap:DeferredCompensationCashBasedArrangementsLiabilityCurrent>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 5691000 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 6688000 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent>
<us-gaap:OtherDeferredCompensationArrangementsLiabilityCurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 379000 </us-gaap:OtherDeferredCompensationArrangementsLiabilityCurrent>
<us-gaap:OtherDeferredCompensationArrangementsLiabilityCurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 433000 </us-gaap:OtherDeferredCompensationArrangementsLiabilityCurrent>
<us-gaap:OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent>
<us-gaap:OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent>
<mmi:DeferredCompensationAndCommissionsCurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 25253000 </mmi:DeferredCompensationAndCommissionsCurrent>
<mmi:DeferredCompensationAndCommissionsCurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 44301000 </mmi:DeferredCompensationAndCommissionsCurrent>
<mmi:DeferredCompensationAndCommissionsNonCurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 28220000 </mmi:DeferredCompensationAndCommissionsNonCurrent>
<mmi:DeferredCompensationAndCommissionsNonCurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 45628000 </mmi:DeferredCompensationAndCommissionsNonCurrent>
<mmi:StockAppreciationRightsLiabilityNoncurrent contextRef="PAsOn03_31_2013_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis" decimals="-5" unitRef="Unit_USD"> 20000000.0 </mmi:StockAppreciationRightsLiabilityNoncurrent>
<mmi:StockAppreciationRightsLiabilityFrozenValueDate contextRef="P01_01_2020To03_31_2020_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis"> 2013-03-31 </mmi:StockAppreciationRightsLiabilityFrozenValueDate>
<mmi:StockAppreciationRightsLiabilityInterestAccrualCommencementDate contextRef="P01_01_2020To03_31_2020_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis"> 2014-01-01 </mmi:StockAppreciationRightsLiabilityInterestAccrualCommencementDate>
<mmi:TreasuryNoteRateTerm contextRef="P01_01_2014To01_01_2014_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis"> P10Y </mmi:TreasuryNoteRateTerm>
<us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 contextRef="P01_01_2014To01_01_2014_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_pure"> 0.02 </us-gaap:DebtInstrumentBasisSpreadOnVariableRate1>
<mmi:StockAppreciationRightsLiabilityInterestAccrualRate contextRef="P01_01_2020To01_01_2020_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis" decimals="5" unitRef="Unit_pure"> 0.03920 </mmi:StockAppreciationRightsLiabilityInterestAccrualRate>
<mmi:StockAppreciationRightsLiabilityInterestAccrualRate contextRef="P01_01_2019To01_01_2019_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis" decimals="5" unitRef="Unit_pure"> 0.04684 </mmi:StockAppreciationRightsLiabilityInterestAccrualRate>
<us-gaap:InterestExpense contextRef="P01_01_2020To03_31_2020_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis" decimals="0" unitRef="Unit_USD"> 178000 </us-gaap:InterestExpense>
<us-gaap:InterestExpense contextRef="P01_01_2019To03_31_2019_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis" decimals="0" unitRef="Unit_USD"> 226000 </us-gaap:InterestExpense>
<mmi:EstimatedPayoutsDescription contextRef="P01_01_2020To03_31_2020_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis"> Estimated payouts within the next twelve months for participants that have separated from service have been classified as current. </mmi:EstimatedPayoutsDescription>
<mmi:PaymentsForSarsLiability contextRef="P01_01_2020To03_31_2020_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis" decimals="-5" unitRef="Unit_USD"> 2100000 </mmi:PaymentsForSarsLiability>
<mmi:PaymentsForSarsLiability contextRef="P01_01_2019To03_31_2019_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis" decimals="-5" unitRef="Unit_USD"> 1700000 </mmi:PaymentsForSarsLiability>
<mmi:CommissionPayablePaymentDeferralPeriod contextRef="P01_01_2020To03_31_2020"> P3Y </mmi:CommissionPayablePaymentDeferralPeriod>
<mmi:DeferredCompensationPlanPercentage contextRef="P01_01_2020To03_31_2020_DeferredCompensationLiabilityMemberusgaapAwardTypeAxis" decimals="2" unitRef="Unit_pure"> 1.10 </mmi:DeferredCompensationPlanPercentage>
<mmi:EstimatedPayoutsDescription contextRef="P01_01_2020To03_31_2020_DeferredCompensationLiabilityMemberusgaapAwardTypeAxis"> Estimated payouts within the next twelve months for participants that have separated from service or elected in service payout have been classified as current. </mmi:EstimatedPayoutsDescription>
<mmi:PaymentsForDeferredCompensationAndCommissions contextRef="P01_01_2020To03_31_2020_DeferredCompensationLiabilityMemberusgaapAwardTypeAxis" decimals="0" unitRef="Unit_USD"> 358000 </mmi:PaymentsForDeferredCompensationAndCommissions>
<mmi:PaymentsForDeferredCompensationAndCommissions contextRef="P01_01_2019To03_31_2019_DeferredCompensationLiabilityMemberusgaapAwardTypeAxis" decimals="0" unitRef="Unit_USD"> 315000 </mmi:PaymentsForDeferredCompensationAndCommissions>
<mmi:NetChangeInCarryingValueOfAssetsHeldInRabbiTrustAndDeferredCompensationObligationTableTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 8pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 83%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"><div style="font-weight:bold;display:inline;width:100%;"> </div></td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; line-height: normal;"><div style="font-family: "Times New Roman"; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; line-height: normal;"><div style="font-family: "Times New Roman"; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";;width:;"><div style="font-weight:bold;display:inline;width:100%;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 83%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">(Decrease) increase in the carrying value of the assets held in the rabbi trust<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,388</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">703 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 83%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 83%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">(Decrease) increase in the net carrying value of the deferred compensation obligation<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; padding: 0px; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1,273</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 4%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">685 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 83%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 4%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Recorded in other (expense) income, net in the condensed consolidated statements of net and comprehensive income.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Recorded in selling, general and administrative expense in the condensed consolidated statements of net and comprehensive income.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</mmi:NetChangeInCarryingValueOfAssetsHeldInRabbiTrustAndDeferredCompensationObligationTableTextBlock>
<mmi:IncreaseDecreaseInCarryingValueOfAssetsHeldInRabbiTrust contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> -1388000 </mmi:IncreaseDecreaseInCarryingValueOfAssetsHeldInRabbiTrust>
<mmi:IncreaseDecreaseInCarryingValueOfAssetsHeldInRabbiTrust contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 703000 </mmi:IncreaseDecreaseInCarryingValueOfAssetsHeldInRabbiTrust>
<us-gaap:IncreaseDecreaseInDeferredCompensation contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> -1273000 </us-gaap:IncreaseDecreaseInDeferredCompensation>
<us-gaap:IncreaseDecreaseInDeferredCompensation contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 685000 </us-gaap:IncreaseDecreaseInDeferredCompensation>
<mmi:ScheduleOfOtherliabilitiesTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other liabilities consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 76%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 7%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 7%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Current </div></div></td> <td style="padding-bottom: 1pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31,<br/>2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 1pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Deferred consideration and other<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1) (2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,129</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">830</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Contingent consideration<div style="font-size: 9.86664px; vertical-align: top; line-height: 7.30132px;;display:inline;">(1) (2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,498</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,709</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,627</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,539</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 3px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">The current portions of deferred consideration in the amounts of $1,783 and $560 as of March 31, 2020 and December 31, 2019, respectively, are included in accounts payable and other liabilities in the condensed consolidated balance sheets. The current portions of contingent consideration in the amounts of $664 and $678 as of March 31, 2020 and December 31, 2019, respectively, are included in accounts payable and other liabilities in the condensed consolidated balance sheets.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Deferred consideration in the aggregate amount of $1,401 was reclassified from contingent consideration during the three months ended March 31, 2020 and of this amount, $560 and $841 pertained to the current and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-current</div> portions, respectively.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</mmi:ScheduleOfOtherliabilitiesTableTextBlock>
<mmi:DeferredConsiderationAndOtherLiabilitiesNoncurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 3129000 </mmi:DeferredConsiderationAndOtherLiabilitiesNoncurrent>
<mmi:DeferredConsiderationAndOtherLiabilitiesNoncurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 830000 </mmi:DeferredConsiderationAndOtherLiabilitiesNoncurrent>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityNoncurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 2498000 </us-gaap:BusinessCombinationContingentConsiderationLiabilityNoncurrent>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityNoncurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 2709000 </us-gaap:BusinessCombinationContingentConsiderationLiabilityNoncurrent>
<us-gaap:OtherLiabilitiesNoncurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 5627000 </us-gaap:OtherLiabilitiesNoncurrent>
<us-gaap:OtherLiabilitiesNoncurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 3539000 </us-gaap:OtherLiabilitiesNoncurrent>
<mmi:DeferredConsiderationCurrent contextRef="PAsOn03_31_2020_AccountsPayableAndOtherLiabilitiesCurrentMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 1783000 </mmi:DeferredConsiderationCurrent>
<mmi:DeferredConsiderationCurrent contextRef="PAsOn12_31_2019_AccountsPayableAndOtherLiabilitiesCurrentMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 560000 </mmi:DeferredConsiderationCurrent>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityCurrent contextRef="PAsOn03_31_2020_AccountsPayableAndOtherLiabilitiesCurrentMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 664000 </us-gaap:BusinessCombinationContingentConsiderationLiabilityCurrent>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityCurrent contextRef="PAsOn12_31_2019_AccountsPayableAndOtherLiabilitiesCurrentMemberusgaapBalanceSheetLocationAxis" decimals="-3" unitRef="Unit_USD"> 678000 </us-gaap:BusinessCombinationContingentConsiderationLiabilityCurrent>
<mmi:ReclassificationToDeferredConsideration contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 1401000 </mmi:ReclassificationToDeferredConsideration>
<mmi:ReclassificationToDeferredConsiderationCurrentPortion contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 560000 </mmi:ReclassificationToDeferredConsiderationCurrentPortion>
<mmi:ReclassificationToDeferredConsiderationNoncurrentPortion contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 841000 </mmi:ReclassificationToDeferredConsiderationNoncurrentPortion>
<mmi:NotesPayableToFormerStockholdersTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">8. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Notes Payable to Former Stockholders</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">In conjunction with the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">spin-off</div> and IPO, notes payable to certain former stockholders of MMREIS were issued in settlement of restricted stock and SARs awards that were redeemed by MMREIS upon the termination of employment by the former stockholders (“the Notes”). Such Notes had been previously assumed by MMC and were transferred to the Company. The Notes are unsecured and bear interest at 5% with annual principal and interest installments with a final principal payment in the amount of $6.6 million paid in April 2020. </div></div>
</mmi:NotesPayableToFormerStockholdersTextBlock>
<us-gaap:LongTermDebtPercentageBearingFixedInterestRate contextRef="PAsOn03_31_2020_RestrictedStockNotesPayableMemberusgaapAwardTypeAxis" decimals="2" unitRef="Unit_pure"> 0.05 </us-gaap:LongTermDebtPercentageBearingFixedInterestRate>
<us-gaap:DebtInstrumentPeriodicPayment contextRef="P04_30_2020To04_30_2020" decimals="-5" unitRef="Unit_USD"> 6600000 </us-gaap:DebtInstrumentPeriodicPayment>
<us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">9. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Related-Party Transactions</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Shared and Transition Services </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Certain services are provided to the Company under a Transition Services Agreement (“TSA”) between MMC and the Company. The TSA is intended to provide certain services until the Company acquires the services separately. Under the TSA, the Company incurred net costs during the three months ended March 31, 2020 and 2019 of $26,000 and $43,000, respectively. These amounts are included in selling, general and administrative expense in the accompanying condensed consolidated statements of net and comprehensive income. </div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Brokerage and Financing Services with the Subsidiaries of MMC </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">MMC has wholly or majority owned subsidiaries that buy and sell commercial real estate properties. The Company performs certain brokerage and financing services related to transactions of the subsidiaries of MMC. For the three months ended March 31, 2020 and 2019, the Company earned real estate brokerage commissions and financing fees of $766,000 and $882,000, respectively, from transactions with subsidiaries of MMC related to these services. The Company incurred cost of services of $453,000 and $522,000, respectively, related to these revenues. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Operating Lease with MMCC </div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company has an operating lease with MMC for a single-story office building located in Palo Alto, California, which expires on May 31, 2022. The related operating lease cost was $333,000 for the three months ended March 31, 2020 and 2019, respectively. Operating lease cost is included in selling, general and administrative expense in the accompanying condensed consolidated statements of net and comprehensive income. See Note 4 – “Operating Leases” for additional information. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accounts Payable and Other Liabilities with MMC </div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of March 31, 2020, and December 31, 2019, accounts payable and other liabilities with MMC totaling $86,000 and $88,000, respectively, remain unpaid and are included in accounts payable and other liabilities in the accompanying condensed consolidated balance sheets. </div></div> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other </div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The Company makes advances to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-executive</div> employees from <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">time-to-time.</div> At March 31, 2020, and December 31, 2019, the aggregate principal amount for employee notes receivable was $598,000 and $388,000, respectively, which is included in other assets (current and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-current)</div> in the accompanying condensed consolidated balance sheets. See Note 7 – “Selected Balance Sheet Data” for additional information.</div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">As of March 31, 2020, George M. Marcus, the Company’s founder and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Co-Chairman,</div> beneficially owned approximately 40% of the Company’s issued and outstanding common stock, including shares owned by Phoenix Investments Holdings, LLC and the Marcus Family Foundation II.</div>
</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
<us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty contextRef="P01_01_2020To03_31_2020_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis_TransitionServicesAgreementMemberusgaapRelatedPartyTransactionAxis" decimals="0" unitRef="Unit_USD"> 26000 </us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty>
<us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty contextRef="P01_01_2019To03_31_2019_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis_TransitionServicesAgreementMemberusgaapRelatedPartyTransactionAxis" decimals="0" unitRef="Unit_USD"> 43000 </us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty>
<us-gaap:RevenueFromRelatedParties contextRef="P01_01_2020To03_31_2020_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis" decimals="0" unitRef="Unit_USD"> 766000 </us-gaap:RevenueFromRelatedParties>
<us-gaap:RevenueFromRelatedParties contextRef="P01_01_2019To03_31_2019_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis" decimals="0" unitRef="Unit_USD"> 882000 </us-gaap:RevenueFromRelatedParties>
<us-gaap:RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty contextRef="P01_01_2020To03_31_2020_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis" decimals="0" unitRef="Unit_USD"> 453000 </us-gaap:RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty>
<us-gaap:RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty contextRef="P01_01_2019To03_31_2019_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis" decimals="0" unitRef="Unit_USD"> 522000 </us-gaap:RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty>
<us-gaap:OperatingLeaseCost contextRef="P01_01_2019To03_31_2019_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis" decimals="0" unitRef="Unit_USD"> 333000 </us-gaap:OperatingLeaseCost>
<us-gaap:OperatingLeaseCost contextRef="P01_01_2020To03_31_2020_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis" decimals="0" unitRef="Unit_USD"> 333000 </us-gaap:OperatingLeaseCost>
<us-gaap:DueToRelatedPartiesCurrent contextRef="PAsOn03_31_2020_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis" decimals="0" unitRef="Unit_USD"> 86000 </us-gaap:DueToRelatedPartiesCurrent>
<us-gaap:DueToRelatedPartiesCurrent contextRef="PAsOn12_31_2019_MarcusAndMillichapCompanyMembersrtConsolidatedEntitiesAxis" decimals="0" unitRef="Unit_USD"> 88000 </us-gaap:DueToRelatedPartiesCurrent>
<us-gaap:DueFromEmployees contextRef="PAsOn03_31_2020" decimals="0" unitRef="Unit_USD"> 598000 </us-gaap:DueFromEmployees>
<us-gaap:DueFromEmployees contextRef="PAsOn12_31_2019" decimals="0" unitRef="Unit_USD"> 388000 </us-gaap:DueFromEmployees>
<mmi:BeneficialOwnershipPercentage contextRef="P01_01_2020To03_31_2020_ChairmanAndFounderMembersrtTitleOfIndividualAxis" decimals="2" unitRef="Unit_pure"> 0.40 </mmi:BeneficialOwnershipPercentage>
<us-gaap:FairValueDisclosuresTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">10. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Fair Value Measurements</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. GAAP defines the fair value of a financial instrument as the amount that would be received from the sale of an asset in an orderly transaction between market participants at the measurement date. The Company is responsible for the determination of fair value and the supporting methodologies and assumptions. The Company uses various pricing sources and third parties to provide and validate the values utilized. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The degree of judgment used in measuring the fair value of financial instruments is generally inversely correlated with the level of observable valuation inputs. Financial instruments with quoted prices in active markets generally have more pricing observability and less judgment is used in measuring fair value. Financial instruments for which no quoted prices are available have less observability and are measured at fair value using valuation models or other pricing techniques that require more judgment. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets recorded at fair value are measured and classified in accordance with a fair value hierarchy consisting of the three “levels” based on the observability of inputs available in the marketplace used to measure the fair values as discussed below: </div></div> <div style="margin-top: 6pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px; table-layout: fixed;"> <tr style="page-break-inside: avoid;"> <td style="width: 5%; text-align: left;"> </td> <td style="width: 3%; vertical-align: top;">•</td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Level 1:</div></div> Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="margin-top: 6pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px; table-layout: fixed;"> <tr style="page-break-inside: avoid;"> <td style="width: 5%; text-align: left;"> </td> <td style="width: 3%; vertical-align: top;">•</td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Level 2:</div></div> Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; or</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="margin-top: 6pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px; table-layout: fixed;"> <tr style="page-break-inside: avoid;"> <td style="width: 5%; text-align: left;"> </td> <td style="width: 3%; vertical-align: top;">•</td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Level 3:</div></div> Unobservable inputs reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model. Management estimates include certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Recurring Fair Value Measurements </div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">The Company values its investments including commercial paper and floating net asset value money market funds recorded in cash and cash equivalents, investments in marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale,</div> assets held in the rabbi trust, deferred compensation liability and contingent consideration at fair value on a recurring basis. Fair values for investments included in cash and cash equivalents and marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale</div> were determined for each individual security in the investment portfolio and all these securities are Level 1 or 2 measurements as appropriate. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair values for assets held in the rabbi trust and related deferred compensation liability were determined based on the cash surrender value of the company owned variable life insurance policies and underlying investments in the trust, and are Level 2 and Level 1 measurements, respectively. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">Contingent consideration in connection with acquisitions, is carried at fair value and determined on a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">contract-by-contract</div> basis, calculated using a probability weighted discounted cash flow model based on the probability of achieving EBITDA and other performance and service requirements, and is a Level 3 measurement. During the three months ended March 31, 2020, the Company considered the economic impact of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> and current and future interest rates in its determination of fair value for the contingent consideration. The Company is uncertain to the extent of the volatility in the unobservable inputs in the foreseeable future. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets and liabilities carried at fair value on a recurring basis consisted of the following (in thousands): </div></div></div> <div style="margin: 0px auto; width: 8.5in; font-size: 10pt;"> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> </div> <div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 42%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="14" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="14" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 1 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 2 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 3 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 1 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 2 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 3 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets: </div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets held in rabbi trust </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,992 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,992 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,452 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,452 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-size: 10pt; line-height: 107%; font-family: "Times New Roman", serif; letter-spacing: 0px; top: 0px;;display:inline;">Cash equivalents</div><div style="font-size: 8.5pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 8.5pt; line-height: 4.6546pt;;display:inline;vertical-align: top;">(1)</div></div><div style="font-size: 10pt; line-height: 107%; font-family: "Times New Roman", serif; letter-spacing: 0px; top: 0px;;display:inline;">: </div> <div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commercial paper and other </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,498 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,498 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,087 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,087 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Money market funds </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">146,769 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">146,769 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">185,513 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">185,513 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">156,267 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">146,769 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,498 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">190,600 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">185,513 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,087 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale: </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Short-term investments: </div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">114,720 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">114,720 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,580 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,580 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,137 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,137 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,711 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,711 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,172 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,172 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">296 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">296 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">143,864 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">114,720 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">29,144 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,752 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,580 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,172 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Long-term investments:<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;"> </div></div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,510 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,510 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,423 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,423 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,328 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,328 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,355 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,355 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,606 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,606 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,471 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,471 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,766 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,766 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,560 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,560 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">45,210 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,510 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">34,700 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">60,809 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,423 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">36,386 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Liabilities: </div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Contingent consideration </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,162 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>3,162 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,387</div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,387</div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred compensation liability </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,244 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,244 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>8,241 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,241 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> <div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Included in cash and cash equivalents on the accompanying condensed consolidated balance sheets.</td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">There were no transfers in or out of Level 3 during the three months ended March 31, 2020 and 2019. </div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">As of March 31, 2020 and December 31, 2019, contingent consideration has a maximum undiscounted payment of $7.0 million and $7.3 million, respectively. Assuming the achievement of the applicable performance criteria and/or service and time requirements, the Company anticipates these <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">earn-out</div> payments will be made over the next <span style="-sec-ix-hidden:hidden12882885">one</span> to <span style="-sec-ix-hidden:hidden12882886">seven</span>-year period. Changes in fair value are included in selling, general and administrative expense in the condensed consolidated statements of net and comprehensive income. A reconciliation of contingent consideration measured at fair value on a recurring basis consisted of the following (in thousands):</div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Beginning balance<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>3,387 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,875 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Contingent consideration in connection with acquisitions<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;"> (2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of contingent consideration </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(225</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">48 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Payments of contingent consideration </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ending balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,162 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,923 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-variant: small-caps; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div> </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Beginning balance for 2020 reflects the reclassification of $1,401 from contingent consideration related to deferred consideration. See Note 7 – “Selected Balance Sheet Data – Other Liabilities” for additional information.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Contingent consideration in connections with acquisitions represents a noncash investing activity.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Quantitative information about the valuation technique and significant unobservable inputs used in the valuation of the Company’s Level 3 financial liabilities measured at fair value on a recurring basis consisted of the following (dollars in thousands):</div></div></div> <div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 30%; padding: 0px;"/> <td style="width: 3%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="width: 3%; padding: 0px;"/> <td style="width: 16%; padding: 0px;"/> <td style="width: 3%; padding: 0px;"/> <td style="width: 20%; padding: 0px;"/> <td style="width: 3%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value at </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation Technique </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Range (Weighted Average)<div style="font-size: 5.92pt; vertical-align: top; line-height: 4.3808pt;;display:inline;"> (1)</div></div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Contingent consideration </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;">$</div></td> <td style="padding: 0px; text-align: right; vertical-align: top; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,162</div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discounted cash flow </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected life of cash flows</div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">0.2-5.5</div> years (2.1 years)</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discount rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">6.7%-6.9%</div> (6.8%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Probability of achievement </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">33.0%-100.0%</div> (74.0%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 1pt;"> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td colspan="2" style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td colspan="2" style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value at </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation Technique </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Range (Weighted Average)<div style="font-size: 5.92pt; vertical-align: top; line-height: 4.3808pt;;display:inline;"> (1)</div></div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Contingent consideration </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;">$</div></td> <td style="padding: 0px; text-align: right; vertical-align: top; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,387</div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discounted cash flow </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected life of cash flows</div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">0.4-5.8</div> years (2.4 years)</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discount rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">3.6%-4.9%</div> (4.1%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Probability of achievement </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">33.0%-100.0%</div> (74.3%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt; margin-bottom: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div> </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs were weighted by the relative fair value of the instruments.</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Nonrecurring Fair Value Measurements </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">In accordance with U.S. GAAP, from time to time, the Company measures certain assets at fair value on a nonrecurring basis. The Company reviews the carrying value of MSRs, intangibles, goodwill and other assets for indications of impairment </div><div style="font-size: 10pt; font-family: "Times New Roman", serif; letter-spacing: 0px; top: 0px;;display:inline;">at least annually</div><div style="letter-spacing: 0px; top: 0px;;display:inline;">. When indications of potential impairment are identified, the Company may be required to determine the fair value of those assets and record an adjustment for the carrying amount in excess of the fair value determined. Any fair value determination would be based on valuation approaches, which are appropriate under the circumstances and utilize Level 2 and Level 3 measurements as required.</div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">MSRs are recorded at fair value upon acquisition of a servicing contract. The Company has elected the amortization method for the subsequent measurement of MSRs. MSRs are carried at the lower of amortized cost or fair value. MSRs are a Level 3 measurement. The Company’s MSRs do not trade in an active, open market with readily observable prices. The estimated fair value of the Company’s MSRs were developed using a discounted cash flow model that calculates the present value of estimated future net servicing income. The model considers contractual provisions and assumptions of market participants including specified servicing fees, prepayment assumptions, delinquency rates, late charges, other ancillary revenue, costs to service and other economic factors. The Company periodically reassesses and adjusts, when necessary, the underlying inputs and assumptions used to reflect observable market conditions and assumptions that a market participant would consider in valuing an MSR asset. Management made revisions to the assumptions used in the determination of fair value for MSRs considering the economic impact of the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> pandemic on default rates related to the specific types and underlying collateral of the various serviced loans, interest rates, refinance rates and current government and private sector responses to the pandemic. The fair value of the MSRs approximated the carrying value at March 31, 2020 and December 31, 2019 after consideration of the revisions to the various assumptions. See Note 7 – “Selected Balance Sheet Data – Other Assets – MSRs” for additional information. </div></div><div style="text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: 12pt; text-align: center;"> </div> <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">As market conditions change, the Company will <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">re-evaluate</div> assumptions used in the determination of fair value for MSRs and is uncertain to the extent of the volatility in the unobservable inputs in the foreseeable future.<div style="font-style: normal; font-weight: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Quantitative information about the valuation technique and significant unobservable inputs used in the valuation of the Company’s Level 3 financial assets measured at fair value on a nonrecurring basis consisted of the following (dollars in thousands): </div></div></div><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 41%; padding: 0px;"/> <td style="width: 1%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="width: 1%; padding: 0px;"/> <td style="width: 16%; padding: 0px;"/> <td style="width: 1%; padding: 0px;"/> <td style="width: 19%; padding: 0px;"/> <td style="width: 1%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value at </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation Technique </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Range (Weighted </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Average)<div style="font-size: 5.92pt; vertical-align: top; line-height: 4.3808pt;;display:inline;"> (1)</div></div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">MSRs </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;">$</div></td> <td style="padding: 0px; text-align: right; vertical-align: top; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,125</div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discounted cash flow </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Constant prepayment rates</div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">0.0%-20.0%</div> (10.0%)</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Constant default rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">1.5%-1.5%</div> (1.5%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Loss severity </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30.2%-30.2%</div> (30.2%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discount rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10.0%-10.0%</div> (10.0%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 37%; padding: 0px;"/> <td style="width: 2%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="width: 2%; padding: 0px;"/> <td style="width: 16%; padding: 0px;"/> <td style="width: 2%; padding: 0px;"/> <td style="width: 19%; padding: 0px;"/> <td style="width: 2%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value at </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation Technique </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Range (Weighted </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Average)<div style="font-size: 5.92pt; vertical-align: top; line-height: 4.3808pt;;display:inline;"> (1)</div></div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">MSRs </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;">$</div></td> <td style="padding: 0px; text-align: right; vertical-align: top; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,204</div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discounted cash flow </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Constant prepayment rates</div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">0.0%-20.0%</div> (10.0%)</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Constant default rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2.0%-2.0%</div> (2.0%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Loss severity </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">40.0%-40.0%</div> (40.0%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discount rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">9.5%-9.7%</div> (9.7%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt; margin-bottom: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Weighted average is based on the <span style="-sec-ix-hidden:hidden12882888">10</span>% constant prepayment rate scenario which the Company uses as the reported fair value.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
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<us-gaap:ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets and liabilities carried at fair value on a recurring basis consisted of the following (in thousands): </div></div></div> <div style="margin: 0px auto; width: 8.5in; font-size: 10pt;"> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; max-height: 0px; background: none;"/> </div> <div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 42%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="width: 2%; font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> <td style="font-family: "Times New Roman"; padding: 0px;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="14" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="14" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 1 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 2 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 3 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 1 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 2 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"> <div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 3 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets: </div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets held in rabbi trust </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,992 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,992 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,452 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,452 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-size: 10pt; line-height: 107%; font-family: "Times New Roman", serif; letter-spacing: 0px; top: 0px;;display:inline;">Cash equivalents</div><div style="font-size: 8.5pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 8.5pt; line-height: 4.6546pt;;display:inline;vertical-align: top;">(1)</div></div><div style="font-size: 10pt; line-height: 107%; font-family: "Times New Roman", serif; letter-spacing: 0px; top: 0px;;display:inline;">: </div> <div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commercial paper and other </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,498 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,498 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,087 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,087 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Money market funds </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">146,769 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">146,769 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">185,513 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">185,513 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">156,267 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">146,769 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,498 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">190,600 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">185,513 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,087 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Marketable debt securities, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">available-for-sale: </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Short-term investments: </div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">114,720 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">114,720 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,580 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,580 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,137 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9,137 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,711 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">19,711 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,172 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,172 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">296 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">296 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">143,864 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">114,720 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">29,144 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">150,752 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">124,580 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,172 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Long-term investments:<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;"> </div></div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. treasuries </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,510 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,510 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,423 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,423 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. government sponsored entities </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,328 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,328 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,355 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,355 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Corporate debt </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,606 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">25,606 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,471 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26,471 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ABS and other </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,766 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,766 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,560 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,560 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">45,210 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10,510 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">34,700 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">60,809 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24,423 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">36,386 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Liabilities: </div></div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/> </td> <td style="padding-right: 2pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Contingent consideration </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,162 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>3,162 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,387</div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,387</div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 42%;"> <div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred compensation liability </div></div> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,244 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7,244 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>8,241 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,241 </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 2%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"> <div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>—  </div></div> </td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> </tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 42%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; 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width: 2%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> </tr> </table> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"> </div> <div style="clear: both; max-height: 0px;"/> <div style="clear: both; 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<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 19711000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 19711000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 26172000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 26172000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 296000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 296000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 143864000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 114720000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 29144000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 150752000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 124580000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 26172000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ShortTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 10510000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 10510000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 24423000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 24423000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USTreasurySecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1328000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1328000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1355000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 1355000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis_USGovernmentSponsoredEnterprisesDebtSecuritiesMemberusgaapFinancialInstrumentAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 25606000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 25606000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 26471000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 26471000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_CorporateDebtSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 7766000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 7766000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 8560000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 8560000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_AssetBackedSecuritiesMemberusgaapFinancialInstrumentAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 45210000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 10510000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 34700000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn03_31_2020_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 60809000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 24423000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 36386000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="PAsOn12_31_2019_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_LongTermInvestmentsMemberusgaapInvestmentTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:AvailableForSaleSecuritiesDebtSecurities>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 3162000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
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<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis" decimals="-3" unitRef="Unit_USD"> 3162000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 3387000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis" decimals="-3" unitRef="Unit_USD"> 3387000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 7244000 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent contextRef="PAsOn03_31_2020_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis" decimals="-3" unitRef="Unit_USD"> 7244000 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent contextRef="PAsOn03_31_2020_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent contextRef="PAsOn03_31_2020_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent contextRef="PAsOn12_31_2019" decimals="-3" unitRef="Unit_USD"> 8241000 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent contextRef="PAsOn12_31_2019_FairValueInputsLevel1MemberusgaapFairValueByFairValueHierarchyLevelAxis" decimals="-3" unitRef="Unit_USD"> 8241000 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent contextRef="PAsOn12_31_2019_FairValueInputsLevel2MemberusgaapFairValueByFairValueHierarchyLevelAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent>
<us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent contextRef="PAsOn12_31_2019_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet contextRef="P01_01_2019To03_31_2019" decimals="INF" unitRef="Unit_USD"> 0 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_USD"> 0 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet>
<us-gaap:BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh contextRef="PAsOn03_31_2020" decimals="-5" unitRef="Unit_USD"> 7000000.0 </us-gaap:BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh>
<us-gaap:BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh contextRef="PAsOn12_31_2019" decimals="-5" unitRef="Unit_USD"> 7300000 </us-gaap:BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh>
<us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock contextRef="P01_01_2020To03_31_2020">
Assuming the achievement of the applicable performance criteria and/or service and time requirements, the Company anticipates these <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">earn-out</div> payments will be made over the next <span style="-sec-ix-hidden:hidden12882885">one</span> to <span style="-sec-ix-hidden:hidden12882886">seven</span>-year period. Changes in fair value are included in selling, general and administrative expense in the condensed consolidated statements of net and comprehensive income. A reconciliation of contingent consideration measured at fair value on a recurring basis consisted of the following (in thousands): <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0in; border-bottom: 1pt solid rgb(0, 0, 0);;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Beginning balance<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div>3,387 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,875 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Contingent consideration in connection with acquisitions<div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;"> (2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of contingent consideration </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(225</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">48 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Payments of contingent consideration </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ending balance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,162 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,923 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 0in; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-variant: small-caps; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div> </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Beginning balance for 2020 reflects the reclassification of $1,401 from contingent consideration related to deferred consideration. See Note 7 – “Selected Balance Sheet Data – Other Liabilities” for additional information.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Contingent consideration in connections with acquisitions represents a noncash investing activity.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
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<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn12_31_2018_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 2875000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues contextRef="P01_01_2020To03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues contextRef="P01_01_2019To03_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="P01_01_2020To03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> -225000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="P01_01_2019To03_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 48000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="P01_01_2020To03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="P01_01_2019To03_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 3162000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn03_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis" decimals="-3" unitRef="Unit_USD"> 2923000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<mmi:ReclassificationToDeferredConsideration contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 1401000 </mmi:ReclassificationToDeferredConsideration>
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<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 30%; padding: 0px;"/> <td style="width: 3%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="width: 3%; padding: 0px;"/> <td style="width: 16%; padding: 0px;"/> <td style="width: 3%; padding: 0px;"/> <td style="width: 20%; padding: 0px;"/> <td style="width: 3%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value at </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation Technique </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Range (Weighted Average)<div style="font-size: 5.92pt; vertical-align: top; line-height: 4.3808pt;;display:inline;"> (1)</div></div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Contingent consideration </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;">$</div></td> <td style="padding: 0px; text-align: right; vertical-align: top; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,162</div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discounted cash flow </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected life of cash flows</div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">0.2-5.5</div> years (2.1 years)</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discount rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">6.7%-6.9%</div> (6.8%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Probability of achievement </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">33.0%-100.0%</div> (74.0%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 1pt;"> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td colspan="2" style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td> <td colspan="2" style="height: 16px;"><div style="display:inline;"> </div></td> <td style="height: 16px;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value at </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation Technique </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Range (Weighted Average)<div style="font-size: 5.92pt; vertical-align: top; line-height: 4.3808pt;;display:inline;"> (1)</div></div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Contingent consideration </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;">$</div></td> <td style="padding: 0px; text-align: right; vertical-align: top; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,387</div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discounted cash flow </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected life of cash flows</div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">0.4-5.8</div> years (2.4 years)</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discount rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">3.6%-4.9%</div> (4.1%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Probability of achievement </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">33.0%-100.0%</div> (74.3%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt; margin-bottom: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div> </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs were weighted by the relative fair value of the instruments.</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
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<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" decimals="1" unitRef="Unit_Y"> 0.2 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MaximumMembersrtRangeAxis_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis" decimals="1" unitRef="Unit_Y"> 5.5 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis_WeightedAverageMembersrtRangeAxis" decimals="1" unitRef="Unit_Y"> 2.1 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MeasurementInputDiscountRateMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" decimals="1" unitRef="Unit_pure"> 6.7 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MaximumMembersrtRangeAxis_MeasurementInputDiscountRateMemberusgaapMeasurementInputTypeAxis" decimals="1" unitRef="Unit_pure"> 6.9 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MeasurementInputDiscountRateMemberusgaapMeasurementInputTypeAxis_WeightedAverageMembersrtRangeAxis" decimals="1" unitRef="Unit_pure"> 6.8 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MinimumMembersrtRangeAxis_ProbabilityOfAchievementMemberusgaapMeasurementInputTypeAxis" decimals="1" unitRef="Unit_pure"> 33.0 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MaximumMembersrtRangeAxis_ProbabilityOfAchievementMemberusgaapMeasurementInputTypeAxis" decimals="1" unitRef="Unit_pure"> 100.0 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn03_31_2020_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ProbabilityOfAchievementMemberusgaapMeasurementInputTypeAxis_WeightedAverageMembersrtRangeAxis" decimals="1" unitRef="Unit_pure"> 74.0 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ValuationTechniqueDiscountedCashFlowMemberusgaapValuationTechniqueAxis" decimals="-3" unitRef="Unit_USD"> 3387000 </us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" decimals="1" unitRef="Unit_Y"> 0.4 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MaximumMembersrtRangeAxis_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis" decimals="1" unitRef="Unit_Y"> 5.8 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis_WeightedAverageMembersrtRangeAxis" decimals="1" unitRef="Unit_Y"> 2.4 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MeasurementInputDiscountRateMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" decimals="1" unitRef="Unit_pure"> 3.6 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MaximumMembersrtRangeAxis_MeasurementInputDiscountRateMemberusgaapMeasurementInputTypeAxis" decimals="1" unitRef="Unit_pure"> 4.9 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MeasurementInputDiscountRateMemberusgaapMeasurementInputTypeAxis_WeightedAverageMembersrtRangeAxis" decimals="1" unitRef="Unit_pure"> 4.1 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MinimumMembersrtRangeAxis_ProbabilityOfAchievementMemberusgaapMeasurementInputTypeAxis" decimals="1" unitRef="Unit_pure"> 33.0 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_MaximumMembersrtRangeAxis_ProbabilityOfAchievementMemberusgaapMeasurementInputTypeAxis" decimals="1" unitRef="Unit_pure"> 100.0 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
<us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput contextRef="PAsOn12_31_2019_ContingentConsiderationMemberusgaapContingentConsiderationByTypeAxis_FairValueInputsLevel3MemberusgaapFairValueByFairValueHierarchyLevelAxis_FairValueMeasurementsRecurringMemberusgaapFairValueByMeasurementFrequencyAxis_ProbabilityOfAchievementMemberusgaapMeasurementInputTypeAxis_WeightedAverageMembersrtRangeAxis" decimals="1" unitRef="Unit_pure"> 74.3 </us-gaap:BusinessCombinationContingentConsiderationLiabilityMeasurementInput>
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<div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 41%; padding: 0px;"/> <td style="width: 1%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="width: 1%; padding: 0px;"/> <td style="width: 16%; padding: 0px;"/> <td style="width: 1%; padding: 0px;"/> <td style="width: 19%; padding: 0px;"/> <td style="width: 1%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value at </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation Technique </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Range (Weighted </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Average)<div style="font-size: 5.92pt; vertical-align: top; line-height: 4.3808pt;;display:inline;"> (1)</div></div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">MSRs </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;">$</div></td> <td style="padding: 0px; text-align: right; vertical-align: top; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,125</div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discounted cash flow </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Constant prepayment rates</div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">0.0%-20.0%</div> (10.0%)</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Constant default rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">1.5%-1.5%</div> (1.5%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Loss severity </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30.2%-30.2%</div> (30.2%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discount rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10.0%-10.0%</div> (10.0%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 37%; padding: 0px;"/> <td style="width: 2%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="width: 2%; padding: 0px;"/> <td style="width: 16%; padding: 0px;"/> <td style="width: 2%; padding: 0px;"/> <td style="width: 19%; padding: 0px;"/> <td style="width: 2%; padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/> <td style="padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair Value at </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">December 31, 2019 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation Technique </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs </div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Range (Weighted </div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Average)<div style="font-size: 5.92pt; vertical-align: top; line-height: 4.3808pt;;display:inline;"> (1)</div></div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">MSRs </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;">$</div></td> <td style="padding: 0px; text-align: right; vertical-align: top; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,204</div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discounted cash flow </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Constant prepayment rates</div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">0.0%-20.0%</div> (10.0%)</div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Constant default rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2.0%-2.0%</div> (2.0%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Loss severity </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">40.0%-40.0%</div> (40.0%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; font-size: 10pt;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Discount rate </div></div></div></td> <td style="vertical-align: top;"><div style="display:inline;"> </div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="text-align: center; vertical-align: bottom;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">9.5%-9.7%</div> (9.7%) </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"><div style="display:inline;"> </div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 6pt; margin-bottom: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Weighted average is based on the <span style="-sec-ix-hidden:hidden12882888">10</span>% constant prepayment rate scenario which the Company uses as the reported fair value.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
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<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">11. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Stockholders’ Equity</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Common Stock </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">As of March 31, 2020 and December 31, 2019, there were 39,272,429 and 39,153,195 shares of common stock, $0.0001 par value, issued and outstanding, which include unvested restricted stock awards <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(“RSAs”)<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">issued to </div><div style="font-size: 10pt; white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-employee</div><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> directors, respectively. See Note </div>14<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> – “Earnings per Share” for additional information.</div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Preferred Stock </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company has 25,000,000 authorized shares of preferred stock with a par value $0.0001 per share. At March 31, 2020 and December 31, 2019, there were no preferred shares issued or outstanding. </div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated Other Comprehensive Income/Loss </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Amounts reclassified from accumulated other comprehensive income/loss are included as a component of other (expense) income, net in the condensed consolidated statements of net and comprehensive income. The reclassifications were determined on a specific identification basis. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">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. </div></div><div style="margin-top: 18pt; margin-bottom: 0px;"/>
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<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">12. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Stock-Based Compensation Plans</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2013 Omnibus Equity Incentive Plan </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">The Company’s board of directors adopted the 2013 Omnibus Equity Incentive Plan (the “2013 Plan”), which became effective upon the Company’s IPO. In February 2017, the board of directors amended and restated the 2013 Plan, which was approved by the Company’s stockholders in May 2017. Grants are made from time to time by the compensation committee of the Company’s board of directors at its discretion subject to certain restrictions as to the number and value of shares that may be granted to any individual. In addition, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-employee</div> directors receive annual grants under a director compensation policy. As of March 31, 2020, there were 5,065,218 shares available for future grants under the 2013 Plan.</div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; line-height: 12pt;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Awards Granted and Settled </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">Under the 2013 Plan, the Company has issued RSAs to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-employee</div> directors and restricted stock units (“RSUs”) to employees and independent contractors. RSAs vest in equal annual installments over a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-year</div> or three-year period from the date of grant. RSUs generally vest in equal annual installments over a five-year period from the date of grant or earlier as approved by the compensation committee of the Company’s board of directors. Any unvested awards are canceled upon termination as a service provider. As of March 31, 2020, there were no issued or outstanding options, SARs, performance units or performance share awards under the 2013 Plan. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">During the three months ended March 31, 2020, 170,106 shares of RSUs were vested and 50,872 shares of common stock were withheld to pay applicable required employee statutory withholding taxes based on the market value of the shares on the vesting date. The shares withheld for taxes were returned to the share reserve and are available for future issuance in accordance with provisions of the 2013 Plan. During the three months ended March 31, 2020, there were no deferred stock units (“DSUs”) that settled. </div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Outstanding Awards </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Activity under the 2013 Plan consisted of the following (dollars in thousands, except weighted average per share data): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 56%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">RSA Grants to<br/><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-employee </div><br/>Directors</div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">RSU Grants to<br/>Employees </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">RSU Grants to<br/>Independent<br/>Contractors </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Total </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted- </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Average Grant<br/>Date Fair Value<br/>Per Share </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Nonvested shares at December 31, 2019 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">17,480 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">525,115 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">257,480 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">800,075 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">33.91 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Granted </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">229,315 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">20,384 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">249,699 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">36.74 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Vested </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(139,152</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(30,954</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(170,106</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">31.75 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transferred </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(14,911</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">14,911 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">32.26 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Forfeited/canceled </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(8,087</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(223</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(8,310</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">38.19 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px 0px 1.25pt; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Nonvested shares at March 31, 2020 <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; font-size: 10.3333px; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black; padding-bottom: 1.5pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">17,480 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black; padding-bottom: 1.5pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">592,280 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black; padding-bottom: 1.5pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">261,598 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black; padding-bottom: 1.5pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">871,358 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">35.10 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top;"><div style="font-family: "Times New Roman"; margin-left: 1em; text-align: left; text-indent: -1em; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Unrecognized stock-based compensation expense as of March 31, 2020 <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; font-size: 10.3333px; vertical-align: top; line-height: 5.476pt;;display:inline;">(2)</div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">74 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">20,079 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,132 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">28,285 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top;"><div style="font-family: "Times New Roman"; margin-left: 1em; text-align: left; text-indent: -1em; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average remaining vesting period (years) as of March 31, 2020 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.17 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4.05 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.30 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.83 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Nonvested RSUs will be settled through the issuance of new shares of common stock.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">The total unrecognized compensation expense is expected to be recognized over a weighted-average period of approximately 3.83 years.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/> <div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Employee Stock Purchase Plan </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;">In 2013, the Company adopted the 2013 Employee Stock Purchase Plan (“ESPP”). The ESPP is intended to qualify under Section 423 of the Internal Revenue Code and provides for consecutive, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-overlapping</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">6-month</div> offering periods. The offering periods generally start on the first trading day on or after May 15 and November 15 of each year. Qualifying employees may purchase shares of the Company stock at a 10% discount based on the lower of the market price at the beginning or end of the offering period, subject to IRS limitations. The Company determined that the ESPP was a compensatory plan and is required to expense the fair value of the awards over each <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">6-month</div> offering period.</div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The ESPP initially had 366,667 shares of common stock reserved, and 204,473 shares of common stock remain available for issuance for each of the periods ended as of March 31, 2020 and December 31, 2019, respectively. The ESPP provides for annual increases in the number of shares available for issuance under the ESPP, equal to the least of (i) 366,667 shares, (ii) 1% of the outstanding shares on such date, or (iii) an amount determined by the compensation committee of the board of directors. Pursuant to the provisions of the ESPP, the board of directors has determined to not provide for any annual increases to date. At March 31, 2020, total unrecognized compensation cost related to the ESPP was $23,000 and is expected to be recognized over a weighted average period of 0.12 years.</div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">SARs and DSUs </div></div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Prior to the IPO, certain employees were granted SARs. As of March 31, 2013, the outstanding SARs were frozen at the liability amount, and will be paid out to each participant in installments upon retirement or departure under the terms of the revised SARs agreements. To replace beneficial ownership in the SARs, the difference between the book value liability and the fair value of the awards was granted to plan participants in the form of DSUs, which were fully vested upon receipt and will be settled in actual stock at a rate of 20% per year if the participant remains employed by the Company during that period (otherwise all unsettled shares of stock upon termination from service will be settled five years from the termination date, unless otherwise agreed to by the Company). In the event of death or termination of service after reaching the age of 67, 100% of the DSUs will be settled. As of March 31, 2020, the remaining future share settlements of fully vested DSUs by year consisted of the following: </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 68%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 12%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman"; line-height: 10pt; font-size: 10pt;;width:;"><div style="font-size:10pt;;display:inline;"><div style="font-size: 10pt; line-height: 10pt;;font-weight:bold;display:inline;width:100%;"> </div></div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 10pt; line-height: 10pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; line-height: 12pt;"><div style="font-size:10pt;;display:inline;"><div style="font-family: "Times New Roman"; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman"; line-height: 10pt; font-size: 10pt;;width:;"><div style="font-size:10pt;;display:inline;"><div style="font-size: 10pt; line-height: 10pt;;font-weight:bold;display:inline;width:100%;"> </div></div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: bottom; font-size: 10pt; width: 80%;"><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2021 </div></div></td> <td style="vertical-align: bottom; font-family: "Times New Roman"; width: 12%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">60,373 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 10pt; width: 80%;"><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2022 </div></div></td> <td style="vertical-align: bottom; font-family: "Times New Roman"; width: 12%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">281,193 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 12%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: bottom; font-size: 10pt; width: 80%;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; font-family: "Times New Roman"; width: 12%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">341,566 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 12%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Summary of Stock-Based Compensation </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Components of stock-based compensation are included in selling, general and administrative expense in the condensed consolidated statements of net and comprehensive income and consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ESPP </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">47 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">30 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">RSAs – <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-employee</div> directors</div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">160 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">170 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">RSUs – employees<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,656 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,345 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">RSUs – independent contractors </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">769 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">796 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%; background-color: rgb(255, 255, 255);"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; background-color: rgb(255, 255, 255);">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; background-color: rgb(255, 255, 255);"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,632 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%; background-color: rgb(255, 255, 255);"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; background-color: rgb(255, 255, 255);">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; background-color: rgb(255, 255, 255);"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,341 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 80%; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 5%; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 5%; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Includes expense related to the acceleration of vesting of certain RSUs.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock>
<mmi:TwoZeroOneThreeOmnibusEquityIncentivePlanAmendmentBoardOfDirectorsApprovalDate contextRef="P01_01_2020To03_31_2020"> 2017-02 </mmi:TwoZeroOneThreeOmnibusEquityIncentivePlanAmendmentBoardOfDirectorsApprovalDate>
<mmi:TwoZeroOneThreeOmnibusEquityIncentivePlanAmendmentShareholderApprovalDate contextRef="P01_01_2020To03_31_2020"> 2017-05 </mmi:TwoZeroOneThreeOmnibusEquityIncentivePlanAmendmentShareholderApprovalDate>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant contextRef="PAsOn03_31_2020" decimals="INF" unitRef="Unit_shares"> 5065218 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="PAsOn03_31_2020_StockOptionMemberusgaapOptionIndexedToIssuersEquityTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod contextRef="P01_01_2020To03_31_2020_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="PAsOn03_31_2020_StockAppreciationRightsSARSMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod contextRef="P01_01_2020To03_31_2020_PerformanceSharesMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="PAsOn03_31_2020_PerformanceSharesMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod contextRef="P01_01_2020To03_31_2020_PerformanceUnitsMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="PAsOn03_31_2020_PerformanceUnitsMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod contextRef="P01_01_2020To03_31_2020_StockOptionMemberusgaapOptionIndexedToIssuersEquityTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="P01_01_2020To03_31_2020_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 170106 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
<us-gaap:SharesPaidForTaxWithholdingForShareBasedCompensation contextRef="P01_01_2020To03_31_2020_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 50872 </us-gaap:SharesPaidForTaxWithholdingForShareBasedCompensation>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised contextRef="P01_01_2020To03_31_2020_DeferredStockUnitsMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised>
<mmi:ScheduleOfShareBasedCompensationRestrictedStockAwardsRSUsUnrecognizedStockBasedCompensationWeightedAverageGrantDateFairValuePerShareAndWeightedAverageRemainingVestingPeriodTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Activity under the 2013 Plan consisted of the following (dollars in thousands, except weighted average per share data): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 100%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 56%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">RSA Grants to<br/><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-employee </div><br/>Directors</div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">RSU Grants to<br/>Employees </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">RSU Grants to<br/>Independent<br/>Contractors </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Total </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted- </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Average Grant<br/>Date Fair Value<br/>Per Share </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Nonvested shares at December 31, 2019 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">17,480 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">525,115 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">257,480 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">800,075 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">33.91 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Granted </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">229,315 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">20,384 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">249,699 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">36.74 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Vested </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(139,152</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(30,954</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(170,106</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">31.75 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transferred </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(14,911</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">14,911 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">32.26 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Forfeited/canceled </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">—  </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(8,087</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(223</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(8,310</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">38.19 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px 0px 1.25pt; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Nonvested shares at March 31, 2020 <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; font-size: 10.3333px; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black; padding-bottom: 1.5pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">17,480 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black; padding-bottom: 1.5pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">592,280 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black; padding-bottom: 1.5pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">261,598 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black; padding-bottom: 1.5pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">871,358 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; padding-bottom: 1.25pt;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; border-bottom: 2.5pt double black;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; border-bottom: 2.5pt double black;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">35.10 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; padding-bottom: 1.5pt;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top;"><div style="font-family: "Times New Roman"; margin-left: 1em; text-align: left; text-indent: -1em; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; top: 0px;;display:inline;">Unrecognized stock-based compensation expense as of March 31, 2020 <div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: -13.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(204, 238, 255); text-decoration-style: initial; text-decoration-color: initial; font-size: 10.3333px; vertical-align: top; line-height: 5.476pt;;display:inline;">(2)</div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">74 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">20,079 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8,132 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">28,285 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top;"><div style="font-family: "Times New Roman"; margin-left: 1em; text-align: left; text-indent: -1em; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average remaining vesting period (years) as of March 31, 2020 </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.17 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4.05 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.30 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.83 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Nonvested RSUs will be settled through the issuance of new shares of common stock.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">The total unrecognized compensation expense is expected to be recognized over a weighted-average period of approximately 3.83 years.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</mmi:ScheduleOfShareBasedCompensationRestrictedStockAwardsRSUsUnrecognizedStockBasedCompensationWeightedAverageGrantDateFairValuePerShareAndWeightedAverageRemainingVestingPeriodTableTextBlock>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="PAsOn12_31_2019_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 17480 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="PAsOn12_31_2019_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 525115 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="PAsOn12_31_2019_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 257480 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="PAsOn12_31_2019" decimals="INF" unitRef="Unit_shares"> 800075 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="PAsOn12_31_2019" decimals="2" unitRef="Unit_USD_per_Share"> 33.91 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="P01_01_2020To03_31_2020_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="P01_01_2020To03_31_2020_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 229315 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="P01_01_2020To03_31_2020_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 20384 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_shares"> 249699 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="P01_01_2020To03_31_2020" decimals="2" unitRef="Unit_USD_per_Share"> 36.74 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="P01_01_2020To03_31_2020_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="P01_01_2020To03_31_2020_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 139152 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="P01_01_2020To03_31_2020_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 30954 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_shares"> 170106 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue contextRef="P01_01_2020To03_31_2020" decimals="2" unitRef="Unit_USD_per_Share"> 31.75 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue>
<mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod contextRef="P01_01_2020To03_31_2020_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 0 </mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod>
<mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod contextRef="P01_01_2020To03_31_2020_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> -14911 </mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod>
<mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod contextRef="P01_01_2020To03_31_2020_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 14911 </mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod>
<mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_shares"> 0 </mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriod>
<mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriodWeightedAverageGrantDateFairValue contextRef="P01_01_2020To03_31_2020" decimals="2" unitRef="Unit_USD_per_Share"> 32.26 </mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTransferredInPeriodWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="P01_01_2020To03_31_2020_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="P01_01_2020To03_31_2020_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 8087 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="P01_01_2020To03_31_2020_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 223 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_shares"> 8310 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue contextRef="P01_01_2020To03_31_2020" decimals="2" unitRef="Unit_USD_per_Share"> 38.19 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="PAsOn03_31_2020_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 17480 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="PAsOn03_31_2020_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 592280 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="PAsOn03_31_2020_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 261598 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="PAsOn03_31_2020" decimals="INF" unitRef="Unit_shares"> 871358 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="PAsOn03_31_2020" decimals="2" unitRef="Unit_USD_per_Share"> 35.10 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized contextRef="PAsOn03_31_2020_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 74000 </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized contextRef="PAsOn03_31_2020_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 20079000 </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized contextRef="PAsOn03_31_2020_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 8132000 </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized contextRef="PAsOn03_31_2020" decimals="-3" unitRef="Unit_USD"> 28285000 </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 contextRef="P01_01_2020To03_31_2020_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis"> P0Y2M1D </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 contextRef="P01_01_2020To03_31_2020_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis"> P4Y18D </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 contextRef="P01_01_2020To03_31_2020_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis"> P3Y3M18D </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 contextRef="P01_01_2020To03_31_2020"> P3Y9M29D </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 contextRef="P01_01_2020To03_31_2020"> P3Y9M29D </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1>
<mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardLengthOfPurchaseIntervals contextRef="P01_01_2020To03_31_2020_EmployeeStockPurchasePlanMemberusgaapAwardTypeAxis"> P6M </mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardLengthOfPurchaseIntervals>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate contextRef="P01_01_2020To03_31_2020_EmployeeStockPurchasePlanMemberusgaapAwardTypeAxis" decimals="2" unitRef="Unit_pure"> 0.10 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized contextRef="PAsOn03_31_2020_EmployeeStockPurchasePlanMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 366667 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant contextRef="PAsOn03_31_2020_EmployeeStockPurchasePlanMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 204473 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant>
<mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardAvailableShareIncrease contextRef="P01_01_2020To03_31_2020_EmployeeStockPurchasePlanAnnualAvailableForIssuanceShareIncreaseMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_shares"> 366667 </mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardAvailableShareIncrease>
<mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfAvailableShareIncrease contextRef="P01_01_2020To03_31_2020_EmployeeStockPurchasePlanAnnualAvailableForIssuanceShareIncreaseMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_pure"> 0.01 </mmi:ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfAvailableShareIncrease>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized contextRef="PAsOn03_31_2020_EmployeeStockPurchasePlanMemberusgaapAwardTypeAxis" decimals="0" unitRef="Unit_USD"> 23000 </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized>
<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 contextRef="P01_01_2020To03_31_2020_EmployeeStockPurchasePlanMemberusgaapAwardTypeAxis"> P0Y1M13D </us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1>
<mmi:DeferredStockUnitsSettlementToCommonStockPercentage contextRef="P10_30_2013To10_30_2013_DeferredStockUnitsMemberusgaapAwardTypeAxis" decimals="2" unitRef="Unit_pure"> 0.20 </mmi:DeferredStockUnitsSettlementToCommonStockPercentage>
<mmi:EmployeeTerminationAge contextRef="P10_30_2013To10_30_2013_DeferredStockUnitsMemberusgaapAwardTypeAxis"> P67Y </mmi:EmployeeTerminationAge>
<mmi:PercentageOfDeferredStockUnitsSettled contextRef="P10_30_2013To10_30_2013_DeferredStockUnitsMemberusgaapAwardTypeAxis" decimals="INF" unitRef="Unit_pure"> 1 </mmi:PercentageOfDeferredStockUnitsSettled>
<us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 68%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 12%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman"; line-height: 10pt; font-size: 10pt;;width:;"><div style="font-size:10pt;;display:inline;"><div style="font-size: 10pt; line-height: 10pt;;font-weight:bold;display:inline;width:100%;"> </div></div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 10pt; line-height: 10pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; line-height: 12pt;"><div style="font-size:10pt;;display:inline;"><div style="font-family: "Times New Roman"; letter-spacing: 0px; top: 0px;;display:inline;">March 31, 2020 </div></div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman"; line-height: 10pt; font-size: 10pt;;width:;"><div style="font-size:10pt;;display:inline;"><div style="font-size: 10pt; line-height: 10pt;;font-weight:bold;display:inline;width:100%;"> </div></div></td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: bottom; font-size: 10pt; width: 80%;"><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2021 </div></div></td> <td style="vertical-align: bottom; font-family: "Times New Roman"; width: 12%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">60,373 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 10pt; width: 80%;"><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2022 </div></div></td> <td style="vertical-align: bottom; font-family: "Times New Roman"; width: 12%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">281,193 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 12%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: bottom; font-size: 10pt; width: 80%;"><div style="text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; font-family: "Times New Roman"; width: 12%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">341,566 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 12%;"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock>
<mmi:FullyVestedDeferredStockUnitsReservedForFutureIssuanceInYearTwo contextRef="PAsOn03_31_2020_DeferredStockUnitsMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 60373 </mmi:FullyVestedDeferredStockUnitsReservedForFutureIssuanceInYearTwo>
<mmi:FullyVestedDeferredStockUnitsReservedForFutureIssuanceInYearThree contextRef="PAsOn03_31_2020_DeferredStockUnitsMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 281193 </mmi:FullyVestedDeferredStockUnitsReservedForFutureIssuanceInYearThree>
<mmi:FullyVestedDeferredStockUnitsRemainingOutstanding contextRef="PAsOn03_31_2020_DeferredStockUnitsMemberusgaapAwardTypeAxis_TwoThousandAndThirteenOmnibusEquityAwardPlanMemberusgaapPlanNameAxis" decimals="INF" unitRef="Unit_shares"> 341566 </mmi:FullyVestedDeferredStockUnitsRemainingOutstanding>
<us-gaap:ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Components of stock-based compensation are included in selling, general and administrative expense in the condensed consolidated statements of net and comprehensive income and consisted of the following (in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 5%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;;width:;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";;width:;"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ESPP </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">47 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">30 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">RSAs – <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-employee</div> directors</div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">160 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">170 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">RSUs – employees<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,656 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,345 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">RSUs – independent contractors </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">769 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%;"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">796 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 80%;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman"; width: 5%;"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt; width: 80%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%; background-color: rgb(255, 255, 255);"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; background-color: rgb(255, 255, 255);">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; background-color: rgb(255, 255, 255);"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,632 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: top; font-family: "Times New Roman"; width: 5%; background-color: rgb(255, 255, 255);"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; background-color: rgb(255, 255, 255);">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt; background-color: rgb(255, 255, 255);"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2,341 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 80%; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 5%; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; width: 5%; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman"; background-color: rgb(255, 255, 255);"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Includes expense related to the acceleration of vesting of certain RSUs.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
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<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2020To03_31_2020_EmployeeStockPurchasePlanMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 47000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2019To03_31_2019_EmployeeStockPurchasePlanMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 30000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2020To03_31_2020_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 160000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2019To03_31_2019_NonEmployeeDirectorMembersrtTitleOfIndividualAxis_RestrictedStockMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 170000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2020To03_31_2020_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 1656000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2019To03_31_2019_EmployeeStockMemberusgaapSubsidiarySaleOfStockAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 1345000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2020To03_31_2020_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 769000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2019To03_31_2019_IndependentContractorsMembersrtTitleOfIndividualAxis_RestrictedStockUnitsRSUMemberusgaapAwardTypeAxis" decimals="-3" unitRef="Unit_USD"> 796000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 2632000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:AllocatedShareBasedCompensationExpense contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 2341000 </us-gaap:AllocatedShareBasedCompensationExpense>
<us-gaap:IncomeTaxDisclosureTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">13. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Income Taxes</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company’s effective tax rate for the three months ended March 31, 2020 and 2019 was 31.2% and 26.6%, respectively. The Company provides for the effects of income taxes in interim financial statements based on the Company’s estimate of its annual effective tax rate for the full year, which is based on forecasted income by jurisdiction where the Company operates, adjusted for the tax effects of items that relate discretely to the period, if any. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The provision for income taxes differs from the amount computed by applying the U.S. federal statutory rate to income before provision for income taxes and consisted of the following (dollars in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 92%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 76%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="14" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amount </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Rate </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amount </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Rate </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income tax expense at the federal statutory rate </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,987 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">21.0</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4,472 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">21.0</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">State income tax expense, net of federal benefit </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,018 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5.4</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">894 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4.2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Windfall tax benefits, net related to stock-based compensation </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(17</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(0.1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(265</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1.2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)%</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in valuation allowance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">367 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.9</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">259 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Permanent and other items<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">562 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.0</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">297 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.4</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,917 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">31.2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,657 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26.6</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;">(1)</td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Permanent items relate principally to compensation charges, qualified transportation fringe benefits, reversal of uncertain tax positions, meals and entertainment and our <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">tax-exempt</div> deferred compensation plan assets.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:IncomeTaxDisclosureTextBlock>
<us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="P01_01_2020To03_31_2020" decimals="3" unitRef="Unit_pure"> 0.312 </us-gaap:EffectiveIncomeTaxRateContinuingOperations>
<us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="P01_01_2019To03_31_2019" decimals="3" unitRef="Unit_pure"> 0.266 </us-gaap:EffectiveIncomeTaxRateContinuingOperations>
<us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The provision for income taxes differs from the amount computed by applying the U.S. federal statutory rate to income before provision for income taxes and consisted of the following (dollars in thousands): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 92%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 76%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 3%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="14" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amount </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Rate </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Amount </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Rate </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income tax expense at the federal statutory rate </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3,987 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">21.0</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4,472 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">21.0</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">State income tax expense, net of federal benefit </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1,018 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5.4</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">894 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4.2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Windfall tax benefits, net related to stock-based compensation </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(17</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(0.1</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(265</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1.2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)%</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in valuation allowance </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">367 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.9</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">259 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Permanent and other items<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">562 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3.0</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">297 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1.4</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"/></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,917 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">31.2</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$<div style="display:inline;"> </div></td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5,657 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">26.6</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">%</td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="margin-top: 6pt;margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;">(1)</td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Permanent items relate principally to compensation charges, qualified transportation fringe benefits, reversal of uncertain tax positions, meals and entertainment and our <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">tax-exempt</div> deferred compensation plan assets.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock>
<us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 3987000 </us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate>
<us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_pure"> 0.210 </us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
<us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 4472000 </us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate>
<us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="P01_01_2019To03_31_2019" decimals="INF" unitRef="Unit_pure"> 0.210 </us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
<us-gaap:IncomeTaxReconciliationStateAndLocalIncomeTaxes contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 1018000 </us-gaap:IncomeTaxReconciliationStateAndLocalIncomeTaxes>
<us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes contextRef="P01_01_2020To03_31_2020" decimals="3" unitRef="Unit_pure"> 0.054 </us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes>
<us-gaap:IncomeTaxReconciliationStateAndLocalIncomeTaxes contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 894000 </us-gaap:IncomeTaxReconciliationStateAndLocalIncomeTaxes>
<us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes contextRef="P01_01_2019To03_31_2019" decimals="3" unitRef="Unit_pure"> 0.042 </us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes>
<us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> -17000 </us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost>
<us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="P01_01_2020To03_31_2020" decimals="3" unitRef="Unit_pure"> -0.001 </us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost>
<us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> -265000 </us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost>
<us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="P01_01_2019To03_31_2019" decimals="3" unitRef="Unit_pure"> -0.012 </us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost>
<us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 367000 </us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance>
<us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="P01_01_2020To03_31_2020" decimals="3" unitRef="Unit_pure"> 0.019 </us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance>
<us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 259000 </us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance>
<us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="P01_01_2019To03_31_2019" decimals="3" unitRef="Unit_pure"> 0.012 </us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance>
<mmi:IncomeTaxReconciliationPermanentAndOtherItems contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 562000 </mmi:IncomeTaxReconciliationPermanentAndOtherItems>
<mmi:EffectiveIncomeTaxRateOnPermanentAndOtherItems contextRef="P01_01_2020To03_31_2020" decimals="3" unitRef="Unit_pure"> 0.030 </mmi:EffectiveIncomeTaxRateOnPermanentAndOtherItems>
<mmi:IncomeTaxReconciliationPermanentAndOtherItems contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 297000 </mmi:IncomeTaxReconciliationPermanentAndOtherItems>
<mmi:EffectiveIncomeTaxRateOnPermanentAndOtherItems contextRef="P01_01_2019To03_31_2019" decimals="3" unitRef="Unit_pure"> 0.014 </mmi:EffectiveIncomeTaxRateOnPermanentAndOtherItems>
<us-gaap:IncomeTaxExpenseBenefit contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 5917000 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="P01_01_2020To03_31_2020" decimals="3" unitRef="Unit_pure"> 0.312 </us-gaap:EffectiveIncomeTaxRateContinuingOperations>
<us-gaap:IncomeTaxExpenseBenefit contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 5657000 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="P01_01_2019To03_31_2019" decimals="3" unitRef="Unit_pure"> 0.266 </us-gaap:EffectiveIncomeTaxRateContinuingOperations>
<us-gaap:EarningsPerShareTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">14. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Earnings per Share</div></td></tr></table><div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Basic and diluted earnings per share for the three months ended March 31, 2020 and 2019, respectively consisted of the following (in thousands, except per share data): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator (Basic and Diluted): </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net income </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$ </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">13,070 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$ </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,638 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Denominator: </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Basic</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average common shares issued and outstanding </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,217 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">38,996 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deduct: Unvested RSAs<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(18</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(27</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Add: Fully vested DSUs<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">342 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">342 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted Average Common Shares Outstanding </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,541 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,311 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Basic earnings per common share </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.33 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.40 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Diluted</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted Average Common Shares Outstanding from above </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,541 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,311 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Add: Dilutive effect of RSUs, RSAs & ESPP </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">105 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">204 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted Average Common Shares Outstanding </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,646 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,515 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Diluted earnings per common share </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.33 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.40 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Antidilutive shares excluded from diluted earnings per common share<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(3)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">521 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">212 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">RSAs were issued and outstanding to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-employee</div> directors and have a <span style="-sec-ix-hidden:hidden12882628">one</span>-year or <span style="-sec-ix-hidden:hidden12882629">three</span>-year vesting term subject to service requirements. See Note 12 – “Stock-Based Compensation Plans” for additional information.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Shares are included in weighted average common shares outstanding as the shares are fully vested but have not yet been delivered. See Note 12 – “Stock-Based Compensation Plans” for additional information.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(3) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Primarily pertaining to RSU grants to the Company’s employees and independent contractors.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</us-gaap:EarningsPerShareTextBlock>
<mmi:ScheduleOfEarningsPerShareBasicAndDilutedIncludingAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTableTextBlock contextRef="P01_01_2020To03_31_2020">
<div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Basic and diluted earnings per share for the three months ended March 31, 2020 and 2019, respectively consisted of the following (in thousands, except per share data): </div></div> <table border="0" cellpadding="0" cellspacing="0" style="margin: 12pt auto 0px; width: 76%; font-size: 10pt; border-collapse: separate; border-spacing: 0;"> <tr style="font-size: 0px;"> <td style="width: 80%; font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="width: 4%; font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/> <td style="font-family: "Times New Roman"; padding: 0px;"/></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Three Months Ended </div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">March 31, </div></div></td> <td style="padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; font-size: 8pt; padding-bottom: 0.5pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2020 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0); font-size: 8pt;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">2019 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; padding-bottom: 0.5pt; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator (Basic and Diluted): </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net income </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$ </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">13,070 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$ </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">15,638 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Denominator: </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Basic</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average common shares issued and outstanding </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,217 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">38,996 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deduct: Unvested RSAs<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(18</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(27</div></div></td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; white-space: nowrap;">)</td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Add: Fully vested DSUs<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">342 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">342 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted Average Common Shares Outstanding </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,541 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,311 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Basic earnings per common share </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.33 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.40 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Diluted</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"/></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted Average Common Shares Outstanding from above </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,541 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,311 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Add: Dilutive effect of RSUs, RSAs & ESPP </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">105 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">204 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 0.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted Average Common Shares Outstanding </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,646 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">39,515 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid;"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Diluted earnings per common share </div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.33 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;">$</td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">0.40 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="padding: 0px; vertical-align: top; font-size: 10pt;"><div style="text-align: left; text-indent: -1em; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Antidilutive shares excluded from diluted earnings per common share<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(3)</div></div></div></td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">521 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td> <td style="vertical-align: top; font-family: "Times New Roman";"> </td> <td style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom;"> </td> <td style="text-align: right; vertical-align: bottom; font-size: 10pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">212 </div></div></td> <td style="padding-right: 2pt; margin-top: 0pt; margin-bottom: 0pt; vertical-align: bottom; font-family: "Times New Roman";"> </td></tr> <tr style="font-size: 0pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="vertical-align: bottom; border-bottom: 3px double rgb(0, 0, 0); font-family: "Times New Roman";"> </td> <td style="padding-right: 2pt; vertical-align: bottom; padding-bottom: 1.5px; font-family: "Times New Roman";"> </td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="margin-top: 12pt; margin-bottom: 0px;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(1) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">RSAs were issued and outstanding to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-employee</div> directors and have a <span style="-sec-ix-hidden:hidden12882628">one</span>-year or <span style="-sec-ix-hidden:hidden12882629">three</span>-year vesting term subject to service requirements. See Note 12 – “Stock-Based Compensation Plans” for additional information.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(2) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Shares are included in weighted average common shares outstanding as the shares are fully vested but have not yet been delivered. See Note 12 – “Stock-Based Compensation Plans” for additional information.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/> <table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-size: 7.4pt; vertical-align: top; line-height: 5.476pt;;display:inline;">(3) </div></td> <td style="text-align: left; font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Primarily pertaining to RSU grants to the Company’s employees and independent contractors.</td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/>
</mmi:ScheduleOfEarningsPerShareBasicAndDilutedIncludingAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTableTextBlock>
<us-gaap:NetIncomeLoss contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_USD"> 13070000 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_USD"> 15638000 </us-gaap:NetIncomeLoss>
<us-gaap:WeightedAverageNumberOfSharesIssuedBasic contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_shares"> 39217000 </us-gaap:WeightedAverageNumberOfSharesIssuedBasic>
<us-gaap:WeightedAverageNumberOfSharesIssuedBasic contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_shares"> 38996000 </us-gaap:WeightedAverageNumberOfSharesIssuedBasic>
<us-gaap:WeightedAverageNumberOfSharesRestrictedStock contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_shares"> 18000 </us-gaap:WeightedAverageNumberOfSharesRestrictedStock>
<us-gaap:WeightedAverageNumberOfSharesRestrictedStock contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_shares"> 27000 </us-gaap:WeightedAverageNumberOfSharesRestrictedStock>
<us-gaap:WeightedAverageNumberOfSharesContingentlyIssuable contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_shares"> 342000 </us-gaap:WeightedAverageNumberOfSharesContingentlyIssuable>
<us-gaap:WeightedAverageNumberOfSharesContingentlyIssuable contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_shares"> 342000 </us-gaap:WeightedAverageNumberOfSharesContingentlyIssuable>
<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_shares"> 39541000 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_shares"> 39311000 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
<us-gaap:EarningsPerShareBasic contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_USD_per_Share"> 0.33 </us-gaap:EarningsPerShareBasic>
<us-gaap:EarningsPerShareBasic contextRef="P01_01_2019To03_31_2019" decimals="INF" unitRef="Unit_USD_per_Share"> 0.40 </us-gaap:EarningsPerShareBasic>
<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_shares"> 39541000 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_shares"> 39311000 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
<us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_shares"> 105000 </us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
<us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_shares"> 204000 </us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
<us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_shares"> 39646000 </us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
<us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_shares"> 39515000 </us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
<us-gaap:EarningsPerShareDiluted contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_USD_per_Share"> 0.33 </us-gaap:EarningsPerShareDiluted>
<us-gaap:EarningsPerShareDiluted contextRef="P01_01_2019To03_31_2019" decimals="INF" unitRef="Unit_USD_per_Share"> 0.40 </us-gaap:EarningsPerShareDiluted>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="P01_01_2020To03_31_2020" decimals="-3" unitRef="Unit_shares"> 521000 </us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="P01_01_2019To03_31_2019" decimals="-3" unitRef="Unit_shares"> 212000 </us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">15. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Commitments and Contingencies</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 6pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Credit Agreement </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On June 18, 2014, the Company entered into a Credit Agreement with Wells Fargo Bank, National Association (the “Bank”), as amended and restated on May 28, 2019, which was amended on November 27, 2019 (the “Credit Agreement”). The Credit Agreement provides for a $60.0 million principal amount senior secured revolving credit facility that is guaranteed by all of the Company’s domestic subsidiaries (the “Credit Facility”) and matures on June 1, 2022. The Company may borrow, repay and reborrow amounts under the Credit Facility until its maturity date, at which time all amounts outstanding under the Credit Facility must be repaid in full.</div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;">Borrowings under the Credit Agreement are available for general corporate purposes and working capital. The Credit Facility includes a $10.0 million sublimit for the issuance of standby letters of credit of which $533,000 was utilized at March 31, 2020. Borrowings under the Credit Facility will bear interest, at the Company’s option, at either (i) a fluctuating rate per annum 2.00% below the Base Rate (defined as the highest of (a) the Bank’s prime rate, (b)<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"> one-month</div> LIBOR plus 1.50%, and (c) the federal funds rate plus 1.50%), or (ii) at a fixed rate per annum determined by Bank to be 0.875% above LIBOR. In connection with the amendment of the Credit Agreement, the Company paid bank fees and other expenses, which are being amortized over the remaining term of the Credit Agreement. The Company pays a commitment fee of up to 0.1% per annum, payable quarterly, based on the amount of unutilized commitments under the Credit Facility. The amortization and commitment fee is included in interest expense in the accompanying condensed consolidated statements of net and comprehensive income and was $22,000 and $26,000 during the three months ended March 31, 2020 and 2019, respectively. As of March 31, 2020, there were no amounts outstanding under the Credit Agreement.</div><div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; line-height: 12pt;">The Credit Facility contains customary covenants, including financial and other covenant reporting requirements and events of default. Financial covenants require the Company, on a combined basis with its guarantors, to maintain (i) an EBITDAR Coverage Ratio (as defined in the Credit Agreement) of not less than 1.25:1.0 as of each quarter end, determined on a rolling four-quarter basis, and (ii) total funded debt to EBITDA not greater than 2.0:1.0 as of each quarter end, determined on a rolling four-quarter basis, and also limit investments in foreign entities and cap certain other loans. The Credit Facility is secured by substantially all assets of the Company, including pledges of 100% of the stock or other equity interest of each subsidiary except for the capital stock of a controlled foreign corporation (as defined in the Internal Revenue Code), in which case no such pledge is required. As of March 31, 2020, the Company was in compliance with all financial and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-financial</div> covenants and has not experienced any limitation in its operations as a result of the covenants.</div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other </div></div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In connection with certain agreements with investment sales and financing professionals, the Company may agree to advance amounts to certain investment sales and financing professionals upon reaching certain performance goals. Such commitments as of March 31, 2020 aggregated $11.6 million. </div></div><div style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 18pt; margin-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19 </div> </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">The Company could experience other potential impacts as a result of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19.</div> Actual results may differ from the Company’s current estimates as the scope of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> evolves or if the duration of business disruptions is longer than initially anticipated. While this disruption is currently expected to be temporary, there is considerable uncertainty around the <div style="letter-spacing: 0px; top: 0px;;display:inline;">scope and </div>duration. The extent of the impact of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> on our operational and financial performance will depend on the duration of business disruption, which is uncertain and cannot be predicted. </div></div>
</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
<us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity contextRef="PAsOn03_31_2020" decimals="INF" unitRef="Unit_USD"> 60000000.0 </us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity>
<mmi:StandbyLettersOfCreditSublimit contextRef="PAsOn03_31_2020" decimals="-5" unitRef="Unit_USD"> 10000000.0 </mmi:StandbyLettersOfCreditSublimit>
<mmi:StandbyLettersOfCreditAmountUtilized contextRef="PAsOn03_31_2020" decimals="0" unitRef="Unit_USD"> 533000 </mmi:StandbyLettersOfCreditAmountUtilized>
<us-gaap:DebtInstrumentInterestRateIncreaseDecrease contextRef="P01_01_2020To03_31_2020" decimals="4" unitRef="Unit_pure"> 0.0200 </us-gaap:DebtInstrumentInterestRateIncreaseDecrease>
<us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 contextRef="P01_01_2020To03_31_2020_LondonInterbankOfferedRateLIBORMemberusgaapVariableRateAxis" decimals="INF" unitRef="Unit_pure"> 0.0150 </us-gaap:DebtInstrumentBasisSpreadOnVariableRate1>
<us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 contextRef="P01_01_2020To03_31_2020_FederalFundsRateMemberusgaapCreditFacilityAxis" decimals="INF" unitRef="Unit_pure"> 0.0150 </us-gaap:DebtInstrumentBasisSpreadOnVariableRate1>
<us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 contextRef="P01_01_2020To03_31_2020_LondonInterbankOfferedRateLIBORMemberusgaapVariableRateAxis_MinimumMembersrtRangeAxis" decimals="INF" unitRef="Unit_pure"> 0.00875 </us-gaap:DebtInstrumentBasisSpreadOnVariableRate1>
<us-gaap:LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_pure"> 0.001 </us-gaap:LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage>
<us-gaap:InterestExpense contextRef="P01_01_2020To03_31_2020_CreditAgreementMemberusgaapCreditFacilityAxis" decimals="0" unitRef="Unit_USD"> 22000 </us-gaap:InterestExpense>
<us-gaap:InterestExpense contextRef="P01_01_2019To03_31_2019_CreditAgreementMemberusgaapCreditFacilityAxis" decimals="0" unitRef="Unit_USD"> 26000 </us-gaap:InterestExpense>
<us-gaap:LineOfCredit contextRef="PAsOn03_31_2020_CreditAgreementMemberusgaapCreditFacilityAxis" decimals="-3" unitRef="Unit_USD"> 0 </us-gaap:LineOfCredit>
<mmi:MinimumEbitdarCoverageRatio contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_pure"> 0.0125 </mmi:MinimumEbitdarCoverageRatio>
<mmi:MaximumFundedDebtToEbitdaRatio contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_pure"> 0.020 </mmi:MaximumFundedDebtToEbitdaRatio>
<mmi:CreditFacilityPledgePercentage contextRef="P01_01_2020To03_31_2020" decimals="INF" unitRef="Unit_pure"> 1 </mmi:CreditFacilityPledgePercentage>
<us-gaap:OtherCommitment contextRef="PAsOn03_31_2020" decimals="-5" unitRef="Unit_USD"> 11600000 </us-gaap:OtherCommitment>
<us-gaap:SubsequentEventsTextBlock contextRef="P01_01_2020To03_31_2020">
<table border="0" cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top; white-space: nowrap;"><div style="font-weight:bold;display:inline;">16. </div></td> <td style="text-align: left; font-family: "Times New Roman"; font-size: 10pt; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;">Subsequent Events</div></td></tr></table><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px;"/><div style="clear: both; max-height: 0px; background: none;"/><div style="text-align: left; text-indent: 4%; font-family: "Times New Roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0px; line-height: 12pt;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In April 2020, the Company completed the acquisition of a commercial real estate finance intermediary specializing in arranging debt and equity for commercial real estate on behalf of developers, investors and owners in the United States. </div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="font-family: "Times New Roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In connection with agreements in principal with investment sales and financing professionals and business acquisitions, the Company entered into commitments through the date these condensed consolidated financial statements were issued, aggregating $17.9 million. Such commitments to investment sales and financing professionals may be subject to various conditions.</div></div><div style="text-align: left; text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">During the second quarter of 2020, the Company’s management approved, committed to and initiated a plan to reduce its controllable expenses, including layoffs, furloughs and a reduction of salaries of senior executives, management and key Company personnel. To date, the plan included a reduction of the Company’s employee workforce of approximately 20%. The Company does not expect to incur material one-time terminations benefits related to this plan.</div></div><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div>
</us-gaap:SubsequentEventsTextBlock>
<mmi:TotalConsiderationForBusinessAcquisitionsAndOtherCommitments contextRef="P04_01_2020To05_11_2020_SubsequentEventMemberusgaapSubsequentEventTypeAxis" decimals="-5" unitRef="Unit_USD"> 17900000 </mmi:TotalConsiderationForBusinessAcquisitionsAndOtherCommitments>
<us-gaap:RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent contextRef="P04_01_2020To05_11_2020_COVIDNineteenMemberusgaapUnusualOrInfrequentItemAxis_SubsequentEventMemberusgaapSubsequentEventTypeAxis" decimals="2" unitRef="Unit_pure"> 0.20 </us-gaap:RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent>
</xbrl>

1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/01/21  Marcus & Millichap, Inc.          10-K       12/31/20  110:13M                                    Donnelley … Solutions/FA
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