Acquisitions (Tables)

3 Months Ended

Mar. 31, 2016

Business Acquisition, Pro Forma Information [Table Text Block]

The unaudited pro forma financial information has been prepared for informational purposes only and does not purport to be indicative of what would have resulted had the acquisition occurred on the date indicated or what may result in the future (in thousands, except per share data):



	Three Months Ended				Three Months Ended
	March 31, 2016				March 31, 2015
	As Reported		Pro Forma		As Reported		Pro Forma
Total revenue	$	183,203	$	184,484	$	176,023	$	189,436
Net income	13,174		13,221		16,788		17,057

Net income per share:
Basic	$	0.47	$	0.47	$	0.59	$	0.60
Diluted	0.47		0.47		0.59		0.60

Schedule of Business Acquisitions

The preliminary allocations of the purchase prices for the Company’s acquisitions during the three months ended March 31, 2016 (the “2016 acquisitions”) are as follows (in thousands):



	Latin America Acquisition			U.S. Acquisition			Total
Pawn loans	$	10,586		$	138		$	10,724
Pawn loan fees and service charges receivable	885			6			891
Inventory	3,351			169			3,520
Other current assets	2,039			—			2,039
Property and equipment	6,950			10			6,960
Goodwill ⁽¹⁾	19,730			509			20,239
Intangible assets ⁽²⁾	405			16			421
Other non-current assets	512			—			512
Deferred tax assets	2,296			—			2,296
Current liabilities	(10,001		)	(24		)	(10,025		)
Notes payable	(6,630		)	—			(6,630		)
Purchase price	$	30,123		$	824		$	30,947


(1)	Substantially all of the goodwill for the U.S. Acquisition is expected to be deductible for U.S. income tax purposes. However, the goodwill for the Latin America Acquisition is not expected to be deductible for Mexico and El Salvador income tax purposes.


(2)	Intangible assets primarily consist of customer relationships, which are included in other non-current assets in the accompanying condensed consolidated balance sheets. Customer relationships are generally amortized over five years.