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Segment Information
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company organizes its operations into two reportable segments as follows:

U.S. operations
Latin America operations - Includes operations in Mexico, Guatemala, El Salvador and Colombia

Corporate expenses and income, which include administrative expenses, corporate depreciation and amortization, interest expense, interest income, merger and other acquisition expenses and (gain) loss on foreign exchange, are incurred or earned in both the U.S. and Latin America, but presented on a consolidated basis and are not allocated between the U.S. operations segment and Latin America operations segment.

The following tables present reportable segment information for the three and nine month periods ended September 30, 2020 and 2019 (in thousands):
Three Months Ended September 30, 2020
 U.S.
Operations
Latin America
Operations
CorporateConsolidated
Revenue:   
Retail merchandise sales$151,618 $83,364 $ $234,982 
Pawn loan fees66,180 33,390  99,570 
Wholesale scrap jewelry sales12,692 12,589  25,281 
Consumer loan and credit services fees57   57 
Total revenue230,547 129,343  359,890 
Cost of revenue:    
Cost of retail merchandise sold84,673 52,557  137,230 
Cost of wholesale scrap jewelry sold10,316 9,502  19,818 
Consumer loan and credit services loss provision104   104 
Total cost of revenue95,093 62,059  157,152 
Net revenue135,454 67,284  202,738 
Expenses and other income:    
Store operating expenses92,678 39,383  132,061 
Administrative expenses  24,354 24,354 
Depreciation and amortization5,390 3,903 1,133 10,426 
Interest expense  6,561 6,561 
Interest income  (499)(499)
Merger and other acquisition expenses  7 7 
Gain on foreign exchange  (432)(432)
Loss on extinguishment of debt  11,737 11,737 
Write-offs and impairments of certain lease intangibles and other assets
  837 837 
Total expenses and other income98,068 43,286 43,698 185,052 
Income (loss) before income taxes$37,386 $23,998 $(43,698)$17,686 
Three Months Ended September 30, 2019
 U.S.
Operations
Latin America
Operations
CorporateConsolidated
Revenue:   
Retail merchandise sales$168,092 $113,266 $— $281,358 
Pawn loan fees95,125 47,754 — 142,879 
Wholesale scrap jewelry sales18,369 7,292 — 25,661 
Consumer loan and credit services fees2,561 — — 2,561 
Total revenue284,147 168,312 — 452,459 
Cost of revenue:    
Cost of retail merchandise sold103,728 74,869 — 178,597 
Cost of wholesale scrap jewelry sold16,217 6,443 — 22,660 
Consumer loan and credit services loss provision223 — — 223 
Total cost of revenue120,168 81,312 — 201,480 
Net revenue163,979 87,000 — 250,979 
Expenses and other income:    
Store operating expenses103,315 46,504 — 149,819 
Administrative expenses— — 30,576 30,576 
Depreciation and amortization5,213 3,795 1,666 10,674 
Interest expense— — 8,922 8,922 
Interest income— — (429)(429)
Merger and other acquisition expenses— — 805 805 
Loss on foreign exchange— — 1,648 1,648 
Total expenses and other income108,528 50,299 43,188 202,015 
Income (loss) before income taxes$55,451 $36,701 $(43,188)$48,964 
Nine Months Ended September 30, 2020
U.S.
Operations
Latin America
Operations
CorporateConsolidated
Revenue:   
Retail merchandise sales$556,528 $262,483 $ $819,011 
Pawn loan fees235,937 107,738  343,675 
Wholesale scrap jewelry sales37,727 36,710  74,437 
Consumer loan and credit services fees2,003   2,003 
Total revenue832,195 406,931  1,239,126 
Cost of revenue:    
Cost of retail merchandise sold325,863 167,573  493,436 
Cost of wholesale scrap jewelry sold32,754 28,268  61,022 
Consumer loan and credit services loss provision(480)  (480)
Total cost of revenue358,137 195,841  553,978 
Net revenue474,058 211,090  685,148 
Expenses and other income:    
Store operating expenses303,686 122,926  426,612 
Administrative expenses  85,642 85,642 
Depreciation and amortization16,352 11,568 3,504 31,424 
Interest expense  21,953 21,953 
Interest income  (1,209)(1,209)
Merger and other acquisition expenses  209 209 
Loss on foreign exchange  1,639 1,639 
Loss on extinguishment of debt  11,737 11,737 
Write-offs and impairments of certain lease intangibles and other assets
  6,549 6,549 
Total expenses and other income320,038 134,494 130,024 584,556 
Income (loss) before income taxes$154,020 $76,596 $(130,024)$100,592 
Nine Months Ended September 30, 2019
U.S.
Operations
Latin America
Operations
CorporateConsolidated
Revenue:   
Retail merchandise sales$523,825 $320,528 $— $844,353 
Pawn loan fees283,127 137,867 — 420,994 
Wholesale scrap jewelry sales56,942 25,410 — 82,352 
Consumer loan and credit services fees18,378 — — 18,378 
Total revenue882,272 483,805 — 1,366,077 
Cost of revenue:    
Cost of retail merchandise sold326,134 208,084 — 534,218 
Cost of wholesale scrap jewelry sold52,340 24,607 — 76,947 
Consumer loan and credit services loss provision3,829 — — 3,829 
Total cost of revenue382,303 232,691 — 614,994 
Net revenue499,969 251,114 — 751,083 
Expenses and other income:    
Store operating expenses310,208 134,810 — 445,018 
Administrative expenses— — 94,426 94,426 
Depreciation and amortization15,527 10,679 4,852 31,058 
Interest expense— — 25,840 25,840 
Interest income— — (788)(788)
Merger and other acquisition expenses— — 1,510 1,510 
Loss on foreign exchange— — 926 926 
Total expenses and other income325,735 145,489 126,766 597,990 
Income (loss) before income taxes$174,234 $105,625 $(126,766)$153,093