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Marcus & Millichap, Inc. – ‘10-K’ for 12/31/22 – ‘EX-31.1’

On:  Monday, 2/27/23, at 8:22pm ET   ·   As of:  2/28/23   ·   For:  12/31/22   ·   Accession #:  1578732-23-13   ·   File #:  1-36155

Previous ‘10-K’:  ‘10-K’ on 3/1/22 for 12/31/21   ·   Next:  ‘10-K’ on 2/27/24 for 12/31/23   ·   Latest:  ‘10-K/A’ on 2/28/24 for 12/31/23   ·   12 References:   

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

 2/28/23  Marcus & Millichap, Inc.          10-K       12/31/22   97:17M

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.69M 
 2: EX-21.1     Subsidiaries List                                   HTML     31K 
 3: EX-23.1     Consent of Expert or Counsel                        HTML     29K 
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     32K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     32K 
 6: EX-32.1     Certification -- §906 - SOA'02                      HTML     30K 
12: R1          Cover Page                                          HTML     89K 
13: R2          Audit Information                                   HTML     33K 
14: R3          Cover                                               HTML     30K 
15: R4          Consolidated Balance Sheets                         HTML    145K 
16: R5          Condensed Consolidated Balance Sheets               HTML     59K 
                (Parenthetical)                                                  
17: R6          Consolidated Statements of Operations               HTML    101K 
18: R7          Condensed Consolidated Statemetns of Comprehensive  HTML     63K 
                Income                                                           
19: R8          Condensed Consolidated Statemetns of Comprehensive  HTML     34K 
                Income (Parenthetical)                                           
20: R9          Consolidated Statements of Stockholders' Equity     HTML     86K 
21: R10         Consolidated Statements of Cash Flows               HTML    152K 
22: R11         Description of Business and Basis of Presentation   HTML     34K 
23: R12         Accounting Policies and Recent Accounting           HTML     90K 
                Pronouncements                                                   
24: R13         Property and Equipment, Net                         HTML     37K 
25: R14         Operating Leases                                    HTML     48K 
26: R15         Investments in Marketable Debt Securities,          HTML    151K 
                Available-for-Sale                                               
27: R16         Acquisitions, Goodwill and Other Intangible Assets  HTML     60K 
28: R17         Selected Balance Sheet Data                         HTML    121K 
29: R18         Related-Party Transactions                          HTML     35K 
30: R19         Fair Value Measurements                             HTML    144K 
31: R20         Stockholders' Equity                                HTML     38K 
32: R21         Stock-Based Compensation Plans                      HTML     62K 
33: R22         Income Taxes                                        HTML    123K 
34: R23         Retirement Plans                                    HTML     34K 
35: R24         Earnings per Share                                  HTML     57K 
36: R25         Commitments and Contingencies                       HTML     36K 
37: R26         Subsequent Events                                   HTML     32K 
38: R27         Description of Business and Basis of Presentation   HTML    149K 
                (Policies)                                                       
39: R28         Property and Equipment, Net (Tables)                HTML     36K 
40: R29         Operating Leases (Tables)                           HTML     54K 
41: R30         Investments in Marketable Debt Securities,          HTML    153K 
                Available-for-Sale (Tables)                                      
42: R31         Acquisitions, Goodwill and Other Intangible Assets  HTML     65K 
                (Tables)                                                         
43: R32         Selected Balance Sheet Data (Tables)                HTML    121K 
44: R33         Fair Value Measurements (Tables)                    HTML    143K 
45: R34         Stock-Based Compensation Plans (Tables)             HTML     56K 
46: R35         Income Taxes (Tables)                               HTML    127K 
47: R36         Earnings per Share (Tables)                         HTML     57K 
48: R37         Description of Business and Basis of Presentation   HTML     31K 
                - Narrative (Detail)                                             
49: R38         Accounting Policies and Recent Accounting           HTML     96K 
                Pronouncements - Narrative (Detail)                              
50: R39         Property and Equipment, Net - Schedule of Property  HTML     40K 
                and Equipment, Net (Detail)                                      
51: R40         Property and Equipment, Net - Narrative (Detail)    HTML     30K 
52: R41         Operating Leases - Schedule of Operating Lease      HTML     37K 
                Cost, Included in Selling, General and                           
                Administrative Expense (Detail)                                  
53: R42         Operating Leases - Maturities of Lease Liabilities  HTML     47K 
                (Detail)                                                         
54: R43         Operating Leases - Schedule of Other Information    HTML     32K 
                Related to Operating Leases (Detail)                             
55: R44         Investments in Marketable Debt Securities,          HTML     69K 
                Available-for-Sale - Schedule of Amortized Cost                  
                and Fair Value of Marketable Securities,                         
                Available-for-Sale, by Type of Security (Detail)                 
56: R45         Investments in Marketable Debt Securities,          HTML     64K 
                Available-for-Sale - Amortized Cost and Fair Value               
                of Investments in Available for Sale Securities                  
                Unrealized Loss Position (Detail)                                
57: R46         Investments in Marketable Debt Securities,          HTML     32K 
                Available-for-Sale - Gross Realized Gains and                    
                Losses from Sale of Available for Sale Securities                
                (Detail)                                                         
58: R47         Investments in Marketable Debt Securities,          HTML     46K 
                Available-for-Sale - Narrative (Detail)                          
59: R48         Investments in Marketable Debt Securities,          HTML     59K 
                Available-for-Sale - Schedule of Amortized Cost                  
                and Fair Value of Marketable Securities,                         
                Available-for-Sale, by Contractual Maturity                      
                (Detail)                                                         
60: R49         Acquisitions, Goodwill and Other Intangible Assets  HTML     29K 
                - Narrative (Detail)                                             
61: R50         Acquisitions, Goodwill and Other Intangible Assets  HTML     51K 
                - Summary of Goodwill and Intangible Assets                      
                (Detail)                                                         
62: R51         Acquisitions, Goodwill and Other Intangible Assets  HTML     34K 
                - Summary of Net Change in Carrying Value of                     
                Goodwill (Detail)                                                
63: R52         Acquisitions, Goodwill and Other Intangible Assets  HTML     44K 
                - Schedule of Estimated Amortization Expense for                 
                Intangible Assets (Detail)                                       
64: R53         Selected Balance Sheet Data - Schedule of Advances  HTML     52K 
                and Loans, Net (Detail)                                          
65: R54         Selected Balance Sheet Data - Schedule of Other     HTML     48K 
                Assets (Detail)                                                  
66: R55         Selected Balance Sheet Data - Summary of Net        HTML     39K 
                Change in Carrying Value of MSRs (Detail)                        
67: R56         Selected Balance Sheet Data - Narrative (Detail)    HTML     67K 
68: R57         Selected Balance Sheet Data - Components of         HTML     50K 
                Deferred Compensation and Commissions (Detail)                   
69: R58         Selected Balance Sheet Data - Summary of Net        HTML     32K 
                Change in Carrying Value of Assets Held in Rabbi                 
                Trust and Deferred Compensation Liability (Detail)               
70: R59         Selected Balance Sheet Data - Schedule of Other     HTML     53K 
                Liabilities (Detail)                                             
71: R60         Related-Party Transactions - Narrative (Detail)     HTML     55K 
72: R61         Fair Value Measurements - Schedule of Assets and    HTML    136K 
                Liabilities at Fair Value on Recurring Basis                     
                (Detail)                                                         
73: R62         Fair Value Measurements - Narrative (Detail)        HTML     39K 
74: R63         Fair Value Measurements - Schedule of               HTML     40K 
                Reconciliation of Contingent Consideration                       
                Measured at Fair Value on Recurring Basis (Detail)               
75: R64         Fair Value Measurements - Schedule of Fair Value    HTML     58K 
                Liabilities Measured On Recurring Basis Valuation                
                Techniques (Detail)                                              
76: R65         Stockholders' Equity - Narrative (Detail)           HTML     70K 
77: R66         Stock-Based Compensation Plans - 2013 Omnibus       HTML     30K 
                Equity Incentive Plan (Detail)                                   
78: R67         Stock-Based Compensation Plans - Awards Granted     HTML     61K 
                and Settled (Detail)                                             
79: R68         Stock-Based Compensation Plans - Outstanding        HTML     74K 
                Awards (Detail)                                                  
80: R69         Stock-Based Compensation Plans - Employee Stock     HTML     49K 
                Purchase Plan (Espp) (Detail)                                    
81: R70         Stock-Based Compensation Plans - SARs and DSUs      HTML     43K 
                (Detail)                                                         
82: R71         Stock-Based Compensation Plans - Stock-Based        HTML     35K 
                Compensation Expense (Detail)                                    
83: R72         Income Taxes - Summary of Components of Income      HTML     37K 
                from Continuing Operations before Provision for                  
                Income Taxes (Detail)                                            
84: R73         Income Taxes - Schedule of Provision (Benefit) for  HTML     59K 
                Income Taxes (Detail)                                            
85: R74         Income Taxes - Significant Components of Deferred   HTML     73K 
                Tax Assets (Liabilities), Net (Detail)                           
86: R75         Income Taxes - Narrative (Detail)                   HTML     47K 
87: R76         Income Taxes - Components of Provision for Income   HTML     60K 
                Taxes and Income before Provision for Income Taxes               
                (Detail)                                                         
88: R77         Income Taxes - Schedule of Reconciliation of        HTML     39K 
                Beginning and Ending Amount of Unrecognized Tax                  
                Benefits (Detail)                                                
89: R78         Retirement Plans - Narrative (Detail)               HTML     44K 
90: R79         Earnings per Share - Computation of Basic and       HTML     92K 
                Diluted Earnings Per Share, Including Antidilutive               
                Securities Excluded from Computation of Earnings                 
                Per Share (Detail)                                               
91: R80         Commitments and Contingencies - Narrative (Detail)  HTML     72K 
92: R81         Subsequent Events (Detail)                          HTML     55K 
95: XML         IDEA XML File -- Filing Summary                      XML    182K 
93: XML         XBRL Instance -- mmi-20221231_htm                    XML   3.13M 
94: EXCEL       IDEA Workbook of Financial Reports                  XLSX    192K 
 8: EX-101.CAL  XBRL Calculations -- mmi-20221231_cal                XML    284K 
 9: EX-101.DEF  XBRL Definitions -- mmi-20221231_def                 XML    745K 
10: EX-101.LAB  XBRL Labels -- mmi-20221231_lab                      XML   2.30M 
11: EX-101.PRE  XBRL Presentations -- mmi-20221231_pre               XML   1.32M 
 7: EX-101.SCH  XBRL Schema -- mmi-20221231                          XSD    243K 
96: JSON        XBRL Instance as JSON Data -- MetaLinks              595±   958K 
97: ZIP         XBRL Zipped Folder -- 0001578732-23-000013-xbrl      Zip   3.46M 


‘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 Annual Report on Form 10-K 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

This ‘10-K’ Filing    Date    Other Filings
Filed as of:2/28/23None on these Dates
Filed on:2/27/23
For Period end:12/31/22
 List all Filings 


12 Previous Filings that this Filing References

  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
 8/06/21  Marcus & Millichap, Inc.          10-Q        6/30/21   95:10M                                    Donnelley … Solutions/FA
11/09/20  Marcus & Millichap, Inc.          10-Q        9/30/20  101:11M                                    Donnelley … Solutions/FA
 3/02/20  Marcus & Millichap, Inc.          10-K       12/31/19  109:15M                                    Donnelley … Solutions/FA
 8/09/18  Marcus & Millichap, Inc.          10-Q        6/30/18   86:6M                                     Donnelley … Solutions/FA
 3/16/18  Marcus & Millichap, Inc.          10-K       12/31/17   94:7.8M                                   Donnelley … Solutions/FA
 4/08/16  Marcus & Millichap, Inc.          8-K/A:5,9   3/01/16    2:55K                                    Donnelley … Solutions/FA
 3/17/14  Marcus & Millichap, Inc.          8-K:5,9     3/13/14    2:41K                                    Donnelley … Solutions/FA
11/22/13  Marcus & Millichap, Inc.          10-Q        9/30/13   62:3.9M                                   Donnelley … Solutions/FA
10/28/13  Marcus & Millichap, Inc.          S-1/A¶                 5:3.1M                                   Donnelley … Solutions/FA
10/21/13  Marcus & Millichap, Inc.          S-1/A¶                 8:3.5M                                   Donnelley … Solutions/FA
 9/23/13  Marcus & Millichap, Inc.          S-1                   25:4.6M                                   Donnelley … Solutions/FA
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Filing Submission 0001578732-23-000013   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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