XML 40 R3.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:                
Retail merchandise sales $ 281,358     $ 256,417     $ 844,353 $ 782,000
Pawn loan fees 142,879     134,613     420,994 387,418
Wholesale scrap jewelry sales 25,661     24,650     82,352 86,850
Consumer loan and credit services fees 2,561     14,198     18,378 43,382
Total revenue 452,459     429,878     1,366,077 1,299,650
Cost of revenue:                
Cost of retail merchandise sold 178,597     163,287     534,218 501,358
Cost of wholesale scrap jewelry sold 22,660     23,859     76,947 80,430
Consumer loan and credit services loss provision 223     5,474     3,829 13,095
Total cost of revenue 201,480     192,620     614,994 594,883
Net revenue 250,979     237,258     751,083 704,767
Expenses and other income:                
Store operating expenses 149,819     141,720     445,018 418,111
Administrative expenses 30,576     29,977     94,426 87,699
Depreciation and amortization 10,674     10,850     31,058 33,085
Interest expense 8,922     7,866     25,840 20,593
Interest income (429)     (495)     (788) (2,216)
Merger and other acquisition expenses 805     3,222     1,510 5,574
Loss (gain) on foreign exchange 1,648     35     926 (212)
Total expenses and other income 202,015     193,175     597,990 562,634
Income (loss) before income taxes 48,964     44,083     153,093 142,133
Provision for income taxes 14,203     10,758     42,629 37,002
Net income $ 34,761 $ 33,048 $ 42,655 $ 33,325 $ 30,171 $ 41,635 $ 110,464 $ 105,131
Earnings per share:                
Basic (USD per share) $ 0.81     $ 0.76     $ 2.56 $ 2.33
Diluted (USD per share) $ 0.81     $ 0.76     $ 2.55 $ 2.33