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Marcus & Millichap, Inc. – ‘10-Q’ for 6/30/22 – ‘EX-31.1’

On:  Friday, 8/5/22, at 4:08pm ET   ·   For:  6/30/22   ·   Accession #:  1193125-22-213586   ·   File #:  1-36155

Previous ‘10-Q’:  ‘10-Q’ on 5/6/22 for 3/31/22   ·   Next:  ‘10-Q’ on 11/4/22 for 9/30/22   ·   Latest:  ‘10-Q’ on 11/3/23 for 9/30/23   ·   4 References:   

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

 8/05/22  Marcus & Millichap, Inc.          10-Q        6/30/22   84:10M                                    Donnelley … Solutions/FA

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.23M 
 2: EX-10.1     Material Contract                                   HTML    202K 
 3: EX-10.2     Material Contract                                   HTML     78K 
 4: EX-10.3     Material Contract                                   HTML     78K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     32K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     32K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     29K 
13: R1          Cover Page                                          HTML     79K 
14: R2          Condensed Consolidated Balance Sheets               HTML    142K 
15: R3          Condensed Consolidated Balance Sheets               HTML     54K 
                (Parenthetical)                                                  
16: R4          Condensed Consolidated Statements of Net and        HTML    125K 
                Comprehensive Income                                             
17: R5          Condensed Consolidated Statements of Net and        HTML     33K 
                Comprehensive Income (Parenthetical)                             
18: R6          Consolidated Statements of Stockholders' Equity     HTML    102K 
19: R7          Consolidated Statements of Cash Flows               HTML    142K 
20: R8          Description of Business, Basis of Presentation and  HTML     53K 
                Recent Accounting Pronouncements                                 
21: R9          Property and Equipment, Net                         HTML     37K 
22: R10         Investments in Marketable Debt Securities,          HTML    168K 
                Available-for-Sale                                               
23: R11         Acquisitions, Goodwill and Other Intangible Assets  HTML     70K 
24: R12         Selected Balance Sheet Data                         HTML    123K 
25: R13         Related-Party Transactions                          HTML     38K 
26: R14         Fair Value Measurements                             HTML    219K 
27: R15         Stockholders' Equity                                HTML     39K 
28: R16         Stock-Based Compensation Plans                      HTML     69K 
29: R17         Income Taxes                                        HTML     64K 
30: R18         Earnings per Share                                  HTML     83K 
31: R19         Commitments and Contingencies                       HTML     38K 
32: R20         Subsequent Events                                   HTML     32K 
33: R21         Description of Business, Basis of Presentation and  HTML     69K 
                Recent Accounting Pronouncements (Policies)                      
34: R22         Property and Equipment, Net (Tables)                HTML     35K 
35: R23         Investments in Marketable Debt Securities,          HTML    169K 
                Available-for-Sale (Tables)                                      
36: R24         Acquisitions, Goodwill and Other Intangible Assets  HTML     71K 
                (Tables)                                                         
37: R25         Selected Balance Sheet Data (Tables)                HTML    119K 
38: R26         Fair Value Measurements (Tables)                    HTML    207K 
39: R27         Stock-Based Compensation Plans (Tables)             HTML     59K 
40: R28         Income Taxes (Tables)                               HTML     60K 
41: R29         Earnings per Share (Tables)                         HTML     83K 
42: R30         Description of Business, Basis of Presentation and  HTML     65K 
                Recent Accounting Pronouncements - Additional                    
                Information (Detail)                                             
43: R31         Property and Equipment, Net - Schedule of Property  HTML     39K 
                and Equipment, Net (Detail)                                      
44: R32         Property and Equipment, Net - Additional            HTML     29K 
                Information (Detail)                                             
45: R33         Investments in Marketable Debt Securities,          HTML     68K 
                Available-for-Sale - Schedule of Amortized Cost                  
                and Fair Value of Marketable Securities,                         
                Available-for-Sale, by Type of Security (Detail)                 
46: R34         Investments in Marketable Debt Securities,          HTML     45K 
                Available-for-Sale - Additional Information                      
                (Detail)                                                         
47: R35         Investments in Marketable Debt Securities,          HTML     63K 
                Available-for-Sale - Amortized Cost and Fair Value               
                of Investments in Available for Sale Securities                  
                Unrealized Loss Position (Detail)                                
48: R36         Investments in Marketable Debt Securities,          HTML     31K 
                Available-for-Sale - Gross Realized Gains and                    
                Losses from Sale of Available for Sale Securities                
                (Detail)                                                         
49: R37         Investments in Marketable Debt Securities,          HTML     57K 
                Available-for-Sale - Schedule of Amortized Cost                  
                and Fair Value of Marketable Securities,                         
                Available-for-Sale, by Contractual Maturity                      
                (Detail)                                                         
50: R38         Acquisitions, Goodwill and Other Intangible Assets  HTML     45K 
                - Summary of Goodwill and Intangible Assets                      
                (Detail)                                                         
51: R39         Acquisitions, Goodwill and Other Intangible Assets  HTML     32K 
                - Summary of Goodwill and Intangible Assets                      
                (Parenthetical) (Detail)                                         
52: R40         Acquisitions, Goodwill and Other Intangible Assets  HTML     36K 
                - Summary of Net Change in Carrying Value of                     
                Goodwill (Detail)                                                
53: R41         Acquisitions, Goodwill and Other Intangible Assets  HTML     42K 
                - Schedule of Estimated Amortization Expense for                 
                Intangible Assets (Detail)                                       
54: R42         Selected Balance Sheet Data - Schedule of Other     HTML     43K 
                Assets (Detail)                                                  
55: R43         Selected Balance Sheet Data - Schedule of Other     HTML     32K 
                Assets (Parenthetical) (Detail)                                  
56: R44         Selected Balance Sheet Data - Summary of Net        HTML     38K 
                Change in Carrying Value of MSRs (Detail)                        
57: R45         Selected Balance Sheet Data - Additional            HTML     75K 
                Information (Detail)                                             
58: R46         Selected Balance Sheet Data - Components of         HTML     48K 
                Deferred Compensation and Commissions (Detail)                   
59: R47         Selected Balance Sheet Data - Summary of Net        HTML     31K 
                Change in Carrying Value of Assets Held in Rabbi                 
                Trust and Deferred Compensation Liability (Detail)               
60: R48         Selected Balance Sheet Data - Schedule of Other     HTML     47K 
                Liabilities (Detail)                                             
61: R49         Related-Party Transactions - Additional             HTML     56K 
                Information (Detail)                                             
62: R50         Fair Value Measurements - Schedule of Assets and    HTML    153K 
                Liabilities at Fair Value on Recurring Basis                     
                (Detail)                                                         
63: R51         Fair Value Measurements - Schedule of               HTML     38K 
                Reconciliation of Contingent Consideration                       
                Measured at Fair Value on Recurring Basis (Detail)               
64: R52         Fair Value Measurements - Schedule of Fair Value    HTML     59K 
                Liabilities Measured On Recurring Basis Valuation                
                Techniques (Detail)                                              
65: R53         Fair Value Measurements - Additional Information    HTML     38K 
                (Detail)                                                         
66: R54         Stockholders' Equity - Additional Information       HTML     60K 
                (Detail)                                                         
67: R55         Stock-Based Compensation Plans - 2013 Omnibus       HTML     33K 
                Equity Incentive Plan - Award Limitations -                      
                Additional Information (Detail)                                  
68: R56         Stock-Based Compensation Plans - 2013 Omnibus       HTML     71K 
                Equity Incentive Plan - Additional Information                   
                (Detail)                                                         
69: R57         Stock-Based Compensation Plans - Outstanding        HTML     55K 
                Awards Under 2013 Omnibus Equity Incentive Plan                  
                (Detail)                                                         
70: R58         Stock-Based Compensation Plans - Employee Stock     HTML     53K 
                Purchase Plan - Additional Information (Detail)                  
71: R59         Stock-Based Compensation Plans - Amendments to      HTML     46K 
                Restricted Stock and SARs - Additional Information               
                (Detail)                                                         
72: R60         Stock-Based Compensation Plans - Stock-Based        HTML     34K 
                Compensation Expense (Detail)                                    
73: R61         Income Taxes - Components of Provision for Income   HTML     58K 
                Taxes and Income before Provision for Income Taxes               
                (Detail)                                                         
74: R62         Income Taxes - Additional Information (Detail)      HTML     29K 
75: R63         Earnings per Share - Computation of Basic and       HTML     86K 
                Diluted Earnings Per Share, Including Antidilutive               
                Securities Excluded from Computation of Earnings                 
                Per Share (Detail)                                               
76: R64         Earnings per Share - Computation of Basic and       HTML     32K 
                Diluted Earnings Per Share, Including Antidilutive               
                Securities Excluded from Computation of Earnings                 
                Per Share (Parenthetical) (Detail)                               
77: R65         Commitments and Contingencies - Additional          HTML     69K 
                Information Credit Agreement (Detail)                            
78: R66         Commitments and Contingencies - Additional          HTML     32K 
                Information Other (Detail)                                       
79: R67         Subsequent Events - Additional Information          HTML     49K 
                (Detail)                                                         
82: XML         IDEA XML File -- Filing Summary                      XML    155K 
80: XML         XBRL Instance -- d357478d10q_htm                     XML   2.80M 
81: EXCEL       IDEA Workbook of Financial Reports                  XLSX    149K 
 9: EX-101.CAL  XBRL Calculations -- mmi-20220630_cal                XML    194K 
10: EX-101.DEF  XBRL Definitions -- mmi-20220630_def                 XML    729K 
11: EX-101.LAB  XBRL Labels -- mmi-20220630_lab                      XML   1.36M 
12: EX-101.PRE  XBRL Presentations -- mmi-20220630_pre               XML   1.06M 
 8: EX-101.SCH  XBRL Schema -- mmi-20220630                          XSD    206K 
83: JSON        XBRL Instance as JSON Data -- MetaLinks              444±   715K 
84: ZIP         XBRL Zipped Folder -- 0001193125-22-213586-xbrl      Zip    385K 


‘EX-31.1’   —   Certification — §302 – SOA’02


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-31.1  

Exhibit 31.1

Certification of Chief Executive Officer of Marcus & Millichap, Inc. pursuant to

Rule 13a-14(a) under the Exchange Act,

as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Hessam Nadji, certify that:

 

  1.

I have reviewed this quarterly report on Form 10-Q of Marcus & Millichap, Inc.;

 

  2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

  3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

  4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

  a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

  d)

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

  5.

The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

  b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: August 5, 2022      

/s/ Hessam Nadji

     

Hessam Nadji

President and Chief Executive Officer

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:8/5/228-K
For Period end:6/30/22
 List all Filings 


4 Subsequent Filings that Reference this Filing

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

 2/28/24  Marcus & Millichap, Inc.          10-K/A     12/31/23    5:97K
 2/27/24  Marcus & Millichap, Inc.          10-K       12/31/23   97:17M
 2/28/23  Marcus & Millichap, Inc.          10-K       12/31/22   97:17M
11/04/22  Marcus & Millichap, Inc.          10-Q        9/30/22   79:9.6M
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Filing Submission 0001193125-22-213586   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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