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Marcus & Millichap, Inc. – ‘10-Q’ for 9/30/23 – ‘EX-31.1’

On:  Friday, 11/3/23, at 4:51pm ET   ·   For:  9/30/23   ·   Accession #:  1578732-23-48   ·   File #:  1-36155

Previous ‘10-Q’:  ‘10-Q’ on 8/4/23 for 6/30/23   ·   Next & Latest:  ‘10-Q’ on 5/8/24 for 3/31/24   ·   2 References:   

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

11/03/23  Marcus & Millichap, Inc.          10-Q        9/30/23   81:12M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.68M 
 2: EX-10.1     Material Contract                                   HTML     60K 
 3: EX-31.1     Certification -- §302 - SOA'02                      HTML     29K 
 4: EX-31.2     Certification -- §302 - SOA'02                      HTML     29K 
 5: EX-32.1     Certification -- §906 - SOA'02                      HTML     27K 
11: R1          Cover Page                                          HTML     80K 
12: R2          Condensed Consolidated Balance Sheets               HTML    139K 
13: R3          Condensed Consolidated Balance Sheets               HTML     54K 
                (Parenthetical)                                                  
14: R4          Condensed Consolidated Statements of Operations     HTML     98K 
15: R5          Condensed Consolidated Statemetns of Comprehensive  HTML     61K 
                (Loss) Income                                                    
16: R6          Condensed Consolidated Statemetns of Comprehensive  HTML     31K 
                (Loss) Income (Parenthetical)                                    
17: R7          Condensed Consolidated Statements of Stockholders'  HTML     92K 
                Equity                                                           
18: R8          Condensed Consolidated Statements of Cash Flows     HTML    145K 
19: R9          Description of Business and Basis of Presentation   HTML     42K 
20: R10         Property and Equipment, Net                         HTML     33K 
21: R11         Investments in Marketable Debt Securities,          HTML    155K 
                Available-for-Sale                                               
22: R12         Acquisitions, Goodwill and Other Intangible Assets  HTML     56K 
23: R13         Selected Balance Sheet Data                         HTML     92K 
24: R14         Related-Party Transactions                          HTML     34K 
25: R15         Fair Value Measurements                             HTML    147K 
26: R16         Stockholders' Equity                                HTML     35K 
27: R17         Stock-Based Compensation Plans                      HTML     54K 
28: R18         Income Taxes                                        HTML     62K 
29: R19         (Loss) Earnings per Share                           HTML     60K 
30: R20         Commitments and Contingencies                       HTML     33K 
31: R21         Subsequent Events                                   HTML     27K 
32: R22         Pay vs Performance Disclosure                       HTML     37K 
33: R23         Insider Trading Arrangements                        HTML     30K 
34: R24         Description of Business and Basis of Presentation   HTML     54K 
                (Policies)                                                       
35: R25         Property and Equipment, Net (Tables)                HTML     32K 
36: R26         Investments in Marketable Debt Securities,          HTML    157K 
                Available-for-Sale (Tables)                                      
37: R27         Acquisitions, Goodwill and Other Intangible Assets  HTML     60K 
                (Tables)                                                         
38: R28         Selected Balance Sheet Data (Tables)                HTML     91K 
39: R29         Fair Value Measurements (Tables)                    HTML    143K 
40: R30         Stock-Based Compensation Plans (Tables)             HTML     47K 
41: R31         Income Taxes (Tables)                               HTML     59K 
42: R32         (Loss) Earnings per Share (Tables)                  HTML     61K 
43: R33         Description of Business and Basis of Presentation   HTML     46K 
                - Narrative (Detail)                                             
44: R34         Property and Equipment, Net - Schedule of Property  HTML     37K 
                and Equipment, Net (Detail)                                      
45: R35         Property and Equipment, Net - Narrative (Detail)    HTML     27K 
46: R36         Investments in Marketable Debt Securities,          HTML     65K 
                Available-for-Sale - Schedule of Amortized Cost                  
                and Fair Value of Marketable Securities,                         
                Available-for-Sale, by Type of Security (Detail)                 
47: R37         Investments in Marketable Debt Securities,          HTML     60K 
                Available-for-Sale - Amortized Cost and Fair Value               
                of Investments in Available for Sale Securities                  
                Unrealized Loss Position (Detail)                                
48: R38         Investments in Marketable Debt Securities,          HTML     29K 
                Available-for-Sale - Gross Realized Gains and                    
                Losses from Sale of Available for Sale Securities                
                (Detail)                                                         
49: R39         Investments in Marketable Debt Securities,          HTML     42K 
                Available-for-Sale - Narrative (Detail)                          
50: R40         Investments in Marketable Debt Securities,          HTML     55K 
                Available-for-Sale - Schedule of Amortized Cost                  
                and Fair Value of Marketable Securities,                         
                Available-for-Sale, by Contractual Maturity                      
                (Detail)                                                         
51: R41         Acquisitions, Goodwill and Other Intangible Assets  HTML     29K 
                - Narrative (Detail)                                             
52: R42         Acquisitions, Goodwill and Other Intangible Assets  HTML     44K 
                - Summary of Goodwill and Intangible Assets                      
                (Detail)                                                         
53: R43         Acquisitions, Goodwill and Other Intangible Assets  HTML     33K 
                - Summary of Net Change in Carrying Value of                     
                Goodwill (Detail)                                                
54: R44         Acquisitions, Goodwill and Other Intangible Assets  HTML     39K 
                - Schedule of Estimated Amortization Expense for                 
                Intangible Assets (Detail)                                       
55: R45         Selected Balance Sheet Data - Narrative (Detail)    HTML     63K 
56: R46         Selected Balance Sheet Data - Schedule of Other     HTML     42K 
                Assets (Detail)                                                  
57: R47         Selected Balance Sheet Data - Components of         HTML     47K 
                Deferred Compensation and Commissions (Detail)                   
58: R48         Selected Balance Sheet Data - Summary of Net        HTML     29K 
                Change in Carrying Value of Assets Held in Rabbi                 
                Trust and Deferred Compensation Liability (Detail)               
59: R49         Selected Balance Sheet Data - Schedule of Other     HTML     53K 
                Liabilities (Detail)                                             
60: R50         Related-Party Transactions - Narrative (Detail)     HTML     62K 
61: R51         Fair Value Measurements - Schedule of Assets and    HTML    140K 
                Liabilities at Fair Value on Recurring Basis                     
                (Detail)                                                         
62: R52         Fair Value Measurements - Narrative (Detail)        HTML     37K 
63: R53         Fair Value Measurements - Schedule of               HTML     35K 
                Reconciliation of Contingent Consideration                       
                Measured at Fair Value on Recurring Basis (Detail)               
64: R54         Fair Value Measurements - Schedule of Fair Value    HTML     58K 
                Liabilities Measured On Recurring Basis Valuation                
                Techniques (Detail)                                              
65: R55         Stockholders' Equity - Narrative (Detail)           HTML     75K 
66: R56         Stock-Based Compensation Plans - 2013 Omnibus       HTML     46K 
                Equity Incentive Plan (Detail)                                   
67: R57         Stock-Based Compensation Plans - Awards Granted     HTML     58K 
                and Settled (Details)                                            
68: R58         Stock-Based Compensation Plans - Outstanding        HTML     52K 
                Awards Under 2013 Omnibus Equity Incentive Plan                  
                (Detail)                                                         
69: R59         Stock-Based Compensation Plans - Employee Stock     HTML     54K 
                Purchase Plan (Detail)                                           
70: R60         Stock-Based Compensation Plans - SARs and DSUs      HTML     43K 
                (Detail)                                                         
71: R61         Stock-Based Compensation Plans - Stock-Based        HTML     40K 
                Compensation Expense (Detail)                                    
72: R62         Income Taxes - Narrative (Detail)                   HTML     26K 
73: R63         Income Taxes - Components of Provision for Income   HTML     57K 
                Taxes and Income before Provision for Income Taxes               
                (Detail)                                                         
74: R64         (Loss) Earnings per Share - Computation of Basic    HTML     89K 
                and Diluted Earnings Per Share, Including                        
                Antidilutive Securities Excluded from Computation                
                of Earnings Per Share (Detail)                                   
75: R65         Commitments and Contingencies - Narrative (Detail)  HTML     65K 
76: R66         Subsequent Events - Narrative (Detail)              HTML     39K 
79: XML         IDEA XML File -- Filing Summary                      XML    149K 
77: XML         XBRL Instance -- mmi-20230930_htm                    XML   2.18M 
78: EXCEL       IDEA Workbook of Financial Report Info              XLSX    150K 
 7: EX-101.CAL  XBRL Calculations -- mmi-20230930_cal                XML    237K 
 8: EX-101.DEF  XBRL Definitions -- mmi-20230930_def                 XML    629K 
 9: EX-101.LAB  XBRL Labels -- mmi-20230930_lab                      XML   1.96M 
10: EX-101.PRE  XBRL Presentations -- mmi-20230930_pre               XML   1.15M 
 6: EX-101.SCH  XBRL Schema -- mmi-20230930                          XSD    187K 
80: JSON        XBRL Instance as JSON Data -- MetaLinks              541±   833K 
81: ZIP         XBRL Zipped Folder -- 0001578732-23-000048-xbrl      Zip    391K 


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


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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.
/s/ Hessam Nadji
President and Chief Executive Officer


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:11/3/238-K
For Period end:9/30/23
 List all Filings 


2 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
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Filing Submission 0001578732-23-000048   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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