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Segment Information

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company organizes its operations into two reportable segments as follows:

• U.S. operations - Includes all pawn and consumer loan operations in the U.S.

• Latin America operations - Includes all pawn and consumer loan operations in Latin America, which currently includes operations in Mexico, Guatemala and El Salvador

The following tables present reportable segment information for the three month period ended March 31, 2017 and 2016:

		Three Months Ended March 31, 2017
		U.S. Operations				Latin America Operations				Corporate				Consolidated
Revenue:
Retail merchandise sales		$	193,666			$	66,328			$	—			$	259,994
Pawn loan fees		101,818				26,433				—				128,251
Consumer loan and credit services fees		20,815				405				—				21,220
Wholesale scrap jewelry sales		32,897				5,214				—				38,111
Total revenue		349,196				98,380				—				447,576
Cost of revenue:
Cost of retail merchandise sold		123,497				42,138				—				165,635
Consumer loan and credit services loss provision		3,990				102				—				4,092
Cost of wholesale scrap jewelry sold		30,682				4,267				—				34,949
Total cost of revenue		158,169				46,507				—				204,676
Net revenue		191,027				51,873				—				242,900
Expenses and other income:
Store operating expenses		107,968				28,776				—				136,744
Administrative expenses		—				—				33,238				33,238
Depreciation and amortization		6,419				2,397				5,427				14,243
Interest expense		—				—				6,113				6,113
Interest income		—				—				(327		)		(327		)
Merger and other acquisition expenses		—				—				647				647
Total expenses and other income		114,387				31,173				45,098				190,658
Income before income taxes		$	76,640			$	20,700			$	(45,098	)		$	52,242

		Three Months Ended March 31, 2016
		U.S. Operations				Latin America Operations				Corporate				Consolidated
Revenue:
Retail merchandise sales		$	55,061			$	63,715			$	—			$	118,776
Pawn loan fees		24,245				27,188				—				51,433
Consumer loan and credit services fees		5,209				477				—				5,686
Wholesale scrap jewelry sales		4,794				2,514				—				7,308
Total revenue		89,309				93,894				—				183,203
Cost of revenue:
Cost of retail merchandise sold		33,667				40,755				—				74,422
Consumer loan and credit services loss provision		907				140				—				1,047
Cost of wholesale scrap jewelry sold		3,862				2,009				—				5,871
Total cost of revenue		38,436				42,904				—				81,340
Net revenue		50,873				50,990				—				101,863
Expenses and other income:
Store operating expenses		27,869				27,542				—				55,411
Administrative expenses		—				—				17,268				17,268
Depreciation and amortization		1,498				2,650				789				4,937
Interest expense		—				—				4,460				4,460
Interest income		—				—				(274		)		(274		)
Merger and other acquisition expenses		—				—				400				400
Total expenses and other income		29,367				30,192				22,643				82,202
Income before income taxes		$	21,506			$	20,798			$	(22,643	)		$	19,661

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- References

No definition available.

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- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599

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-Publisher FASB
-Name Accounting Standards Codification
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