XML 54 R30.htm IDEA: XBRL DOCUMENT v3.20.4

Equity-based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2020

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Equity-based Compensation Cost Recognized

A summary of equity-based compensation cost recognized during the year ended December 31, 2020, 2019, and 2018 is as follows:

		2020				2019				2018
QLH Class B units		$	5,556			$	3,594			$	824
QLH restricted Class B-1 units			90				-				-
Restricted Class A shares			211				-				-
Restricted stock units			19,679				-				-
Equity-based compensation expense		$	25,536			$	3,594			$	824
Total income tax benefit recognized related to    equity-based compensation		$	3,088			$	-			$	-

Schedule of Equity-based Compensation Expense

Equity-based compensation cost is allocated to the following expense categories in its condensed consolidated statement of operations during the year ended December 31, 2020, 2019 and 2018 as follows:

		2020				2019				2018
Cost of revenue		$	2,809			$	181			$	54
Sales and marketing			6,544				1,384				425
Product development			4,723				532				167
General and administrative			11,460				1,497				178
Total equity-based compensation		$	25,536			$	3,594			$	824

RSUs

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Unvested Unit Activity

A summary of unvested restricted stock unit activity for fiscal years 2020, 2019, and 2018 is as follows:

		Number of Units				Weighted - average grant-date fair value
RSUs
Unvested and outstanding as of December 31, 2019			-				-
Granted			5,822,790			$	22.22
Vested			(339,914	)			38.39
Forfeited			-				-
Settled or cancelled			-				-
Unvested and outstanding as of December 31, 2020			5,482,876			$	21.22

QLH Class B-1 Units

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Unvested Unit Activity

A summary of unvested QLH Class B-1 unit activity for 2020, 2019, and 2018 is as follows:

		Number of Units				Weighted - average grant-date fair value
QLH Class B-1 units
Unvested and outstanding as of December 31, 2019			-				-
Granted			583,398			$	2.79
Vested			(53,047	)			1.77
Forfeited			(5,667	)			1.93
Settled or cancelled			-				-
Unvested and outstanding as of December 31, 2020			524,684			$	2.90

Restricted Class A Shares

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Unvested Unit Activity

A summary of unvested Company Class A share activity for 2020, 2019, and 2018 is as follows:

		Number of Units				Weighted - average grant-date fair value
Restricted Class A Shares
Unvested and outstanding as of December 31, 2019			-				-
Granted			1,210,253			$	3.21
Vested			(120,516	)			1.72
Forfeited			(28,132	)			1.93
Settled or cancelled			-				-
Unvested and outstanding as of December 31, 2020			1,061,605			$	3.41

QLH Class B Profits Interests

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Schedule of Option Pricing Model Assumptions for Determining Fair Value of Class B Units

The fair value of the QLH Class B profits interests was determined on the grant date using the option pricing model based on the following assumptions:

		Twelve months ended December 31,
		2020		2019		2018
Expected term (in years)		0.5 - 2 years		2 - 3 years		3 -5 years
Expected volatility		70% - 88%		70%-75%		50-55%
Expected dividend yield		—		—		—
Risk-free interest rate		0.11% - 1.41%		1.58% - 2.19%		2.57% - 2.74%
Discount for lack of marketability		25% - 30%		30%		30%

QLH Class B Profits Interests | Class B Units

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Class B Units' Activity

A summary of Class B Unit activity for fiscal years 2020, 2019, and 2018 is as follows:

		Number of Units				Weighted - average grant-date fair value				Aggregate Intrinsic Value (in thousands)
QLH Class B units
Outstanding as of December 31, 2017			81,590			$	41.36			$	6,274
Granted			19,000				62.08
Repurchased			-				-
Forfeited			(2,500	)			46.09
Settled or cancelled			-				-
Outstanding as of December 31, 2018			98,090			$	45.25			$	22,244
Granted			100,738			$	71.69
Repurchased			(31,799	)			44.61
Forfeited			(3,229	)			46.09
Settled or cancelled			-				-
Outstanding as of December 31, 2019			163,800			$	61.62			$	28,622
Granted			25,500			$	105.85
Repurchased			(8,568	)			51.03
Forfeited			(3,432	)			74.22
Settled or cancelled(1)			(177,300	)			68.25
Outstanding as of December 31, 2020			-			$	-			$	-

X

- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.F)
-URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementClassOfStockAxis=max_QLHClassB1UnitsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementClassOfStockAxis=max_RestrictedClassASharesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PlanNameAxis=max_QLHClassBProfitsInterestsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementClassOfStockAxis=max_ClassBUnitsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: