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Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following tables present reportable segment information for the three month period ended March 31, 2020 and 2019 (in thousands):

		Three Months Ended March 31, 2020
		U.S. Operations				Latin America Operations				Corporate				Consolidated
Revenue:
Retail merchandise sales		$	195,966			$	100,663			$	—			$	296,629
Pawn loan fees		97,857				44,258				—				142,115
Wholesale scrap jewelry sales		15,478				10,893				—				26,371
Consumer loan and credit services fees		1,375				—				—				1,375
Total revenue		310,676				155,814				—				466,490
Cost of revenue:
Cost of retail merchandise sold		119,529				65,166				—				184,695
Cost of wholesale scrap jewelry sold		14,006				8,841				—				22,847
Consumer loan and credit services loss provision		(361		)		—				—				(361		)
Total cost of revenue		133,174				74,007				—				207,181
Net revenue		177,502				81,807				—				259,309
Expenses and other income:
Store operating expenses		107,706				45,794				—				153,500
Administrative expenses		—				—				32,902				32,902
Depreciation and amortization		5,401				4,063				1,210				10,674
Interest expense		—				—				8,418				8,418
Interest income		—				—				(185		)		(185		)
Merger and other acquisition expenses		—				—				68				68
Loss on foreign exchange		—				—				2,685				2,685
Write-offs and impairments of certain lease intangibles and other assets		—				—				5,530				5,530
Total expenses and other income		113,107				49,857				50,628				213,592
Income (loss) before income taxes		$	64,395			$	31,950			$	(50,628	)		$	45,717

		Three Months Ended March 31, 2019
		U.S. Operations				Latin America Operations				Corporate				Consolidated
Revenue:
Retail merchandise sales		$	186,815			$	97,426			$	—			$	284,241
Pawn loan fees		97,876				43,316				—				141,192
Wholesale scrap jewelry sales		22,785				8,925				—				31,710
Consumer loan and credit services fees		10,461				—				—				10,461
Total revenue		317,937				149,667				—				467,604
Cost of revenue:
Cost of retail merchandise sold		117,744				61,605				—				179,349
Cost of wholesale scrap jewelry sold		21,270				9,083				—				30,353
Consumer loan and credit services loss provision		2,103				—				—				2,103
Total cost of revenue		141,117				70,688				—				211,805
Net revenue		176,820				78,979				—				255,799
Expenses and other income:
Store operating expenses		103,884				42,968				—				146,852
Administrative expenses		—				—				32,154				32,154
Depreciation and amortization		5,045				3,305				1,524				9,874
Interest expense		—				—				8,370				8,370
Interest income		—				—				(204		)		(204		)
Merger and other acquisition expenses		—				—				149				149
Gain on foreign exchange		—				—				(239		)		(239		)
Total expenses and other income		108,929				46,273				41,754				196,956
Income (loss) before income taxes		$	67,891			$	32,706			$	(41,754	)		$	58,843

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- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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X

- References

No definition available.

+ Details

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