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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Components of the provision for income taxes and the income to which it relates for the years ended December 31, 2014, 2013 and 2012 consist of the following (in thousands):

	Year Ended December 31,
	2014				2013				2012
Income from continuing operations before income taxes (1):
Domestic	$	50,984			$	43,936			$	48,419
Foreign	65,996				76,256				73,818
Income from continuing operations before income taxes	$	116,980			$	120,192			$	122,237
Current income taxes:
Federal	$	11,494			$	22,468			$	17,423
Foreign	17,823				20,392				19,748
State and local	1,097				781				962
Current provision for income taxes	30,414				43,641				38,133
Deferred provision (benefit) for income taxes:
Federal	2,232				(799		)		3,122
Foreign	(1,232		)		(7,218		)		—
State and local	128				89				120
Total deferred provision (benefit) for income taxes	1,128				(7,928		)		3,242
Provision for income taxes	$	31,542			$	35,713			$	41,375

Schedule of Deferred Tax Assets and Liabilities

The principal current and non-current deferred tax assets and liabilities consist of the following at December 31, 2014 and 2013 (in thousands):

	December 31,
	2014				2013
Deferred tax assets:
Cumulative foreign translation adjustment	$	14,111			$	4,010
Depreciation	6,010				5,841
Accrued fees on forfeited pawn loans	3,864				1,216
Deferred cost of goods sold deduction	2,391				2,507
Accrued compensation	778				773
Other	1,710				1,355
Total deferred tax assets	28,864				15,702
Deferred tax liabilities:
Intangible asset amortization	21,444				17,760
Share-based compensation	222				918
Other	1,241				807
Total deferred tax liabilities	22,907				19,485
Net deferred tax assets (liabilities)	$	5,957			$	(3,783	)
Reported as:
Current deferred tax assets	$	7,122			$	5,044
Non-current deferred income tax liabilities	(1,165		)		(8,827		)
Net deferred tax assets (liabilities)	$	5,957			$	(3,783	)

Schedule of Effective Income Tax Rate Reconciliation

The effective rate on income from continuing operations differs from the U.S. federal statutory rate of 35%. The following is a reconciliation of such differences (in thousands):

	Year Ended December 31,
	2014				2013				2012
Tax at the U.S. federal statutory rate	$	40,943			$	42,067			$	42,783
State income taxes, net of federal tax benefit of $429, $273 and $337, respectively	796				508				625
Rate benefit from foreign earnings	(4,576		)		(2,281		)		—
Net non-recurring benefit of Tax Restructuring	(5,841		)		(3,979		)		—
Additional foreign tax credit claimed from prior periods	—				—				(778		)
Other taxes and adjustments, net	220				(602		)		(1,255		)
Provision for income taxes	$	31,542			$	35,713			$	41,375
Effective tax rate	27.0		%		29.7		%		33.8		%

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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