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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Retail merchandise sales $ 287,400 $ 278,754 $ 584,029 $ 562,995
Pawn loan fees 101,990 136,923 244,105 278,115
Wholesale scrap jewelry sales 22,785 24,981 49,156 56,691
Consumer loan and credit services fees 571 5,356 1,946 15,817
Total revenue 412,746 446,014 879,236 913,618
Cost of revenue:        
Cost of retail merchandise sold 171,511 176,272 356,206 355,621
Cost of wholesale scrap jewelry sold 18,357 23,934 41,204 54,287
Total cost of revenue (223) 1,503 (584) 3,606
Total cost of revenue 189,645 201,709 396,826 413,514
Net revenue 223,101 244,305 482,410 500,104
Expenses and other income:        
Store operating expenses 141,051 148,347 294,551 295,199
Administrative expenses 28,386 31,696 61,288 63,850
Depreciation and amortization 10,324 10,510 20,998 20,384
Interest expense 6,974 8,548 15,392 16,918
Interest income (525) (155) (710) (359)
Merger and other acquisition expenses 134 556 202 705
(Gain) loss on foreign exchange (614) (483) 2,071 (722)
Write-offs and impairments of certain lease intangibles and other assets 182 0 5,712 0
Total expenses and other income 185,912 199,019 399,504 395,975
Income (loss) before income taxes 37,189 45,286 82,906 104,129
Provision for income taxes 11,316 12,238 24,115 28,426
Net income $ 25,873 $ 33,048 $ 58,791 $ 75,703
Earnings per share:        
Basic (USD per share) $ 0.62 $ 0.77 $ 1.41 $ 1.75
Diluted (USD per share) $ 0.62 $ 0.76 $ 1.41 $ 1.74