XML 42 R30.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
segment
Sep. 30, 2019
USD ($)
Schedule of Revenues from External Customers [Line Items]        
Number of reportable segments | segment     2  
Revenue:        
Retail merchandise sales $ 234,982 $ 281,358 $ 819,011 $ 844,353
Pawn loan fees 99,570 142,879 343,675 420,994
Wholesale scrap jewelry sales 25,281 25,661 74,437 82,352
Consumer loan and credit services fees 57 2,561 2,003 18,378
Total revenue 359,890 452,459 1,239,126 1,366,077
Cost of revenue:        
Cost of retail merchandise sold 137,230 178,597 493,436 534,218
Cost of wholesale scrap jewelry sold 19,818 22,660 61,022 76,947
Total cost of revenue 104 223 (480) 3,829
Total cost of revenue 157,152 201,480 553,978 614,994
Net revenue 202,738 250,979 685,148 751,083
Expenses and other income:        
Store operating expenses 132,061 149,819 426,612 445,018
Administrative expenses 24,354 30,576 85,642 94,426
Depreciation and amortization 10,426 10,674 31,424 31,058
Interest expense 6,561 8,922 21,953 25,840
Interest income (499) (429) (1,209) (788)
Merger and other acquisition expenses 7 805 209 1,510
(Gain) loss on foreign exchange (432) 1,648 1,639 926
Write-offs and impairments of certain lease intangibles and other assets 837 0 6,549 0
Total expenses and other income 185,052 202,015 584,556 597,990
Income (loss) before income taxes 17,686 48,964 100,592 153,093
Loss on extinguishment of debt 11,737 0 11,737 0
U.S. Operations        
Revenue:        
Retail merchandise sales 151,618 168,092 556,528 523,825
Pawn loan fees 66,180 95,125 235,937 283,127
Wholesale scrap jewelry sales 12,692 18,369 37,727 56,942
Consumer loan and credit services fees 57 2,561 2,003 18,378
Total revenue 230,547 284,147 832,195 882,272
Cost of revenue:        
Cost of retail merchandise sold 84,673 103,728 325,863 326,134
Cost of wholesale scrap jewelry sold 10,316 16,217 32,754 52,340
Total cost of revenue 104 223 (480) 3,829
Total cost of revenue 95,093 120,168 358,137 382,303
Net revenue 135,454 163,979 474,058 499,969
Expenses and other income:        
Store operating expenses 92,678 103,315 303,686 310,208
Administrative expenses 0 0 0 0
Depreciation and amortization 5,390 5,213 16,352 15,527
Interest expense 0 0 0 0
Interest income 0 0 0 0
Merger and other acquisition expenses 0 0 0 0
(Gain) loss on foreign exchange 0 0 0 0
Write-offs and impairments of certain lease intangibles and other assets 0   0  
Total expenses and other income 98,068 108,528 320,038 325,735
Income (loss) before income taxes 37,386 55,451 154,020 174,234
Loss on extinguishment of debt 0   0  
Latin America Operations        
Revenue:        
Retail merchandise sales 83,364 113,266 262,483 320,528
Pawn loan fees 33,390 47,754 107,738 137,867
Wholesale scrap jewelry sales 12,589 7,292 36,710 25,410
Consumer loan and credit services fees 0 0 0 0
Total revenue 129,343 168,312 406,931 483,805
Cost of revenue:        
Cost of retail merchandise sold 52,557 74,869 167,573 208,084
Cost of wholesale scrap jewelry sold 9,502 6,443 28,268 24,607
Total cost of revenue 0 0 0 0
Total cost of revenue 62,059 81,312 195,841 232,691
Net revenue 67,284 87,000 211,090 251,114
Expenses and other income:        
Store operating expenses 39,383 46,504 122,926 134,810
Administrative expenses 0 0 0 0
Depreciation and amortization 3,903 3,795 11,568 10,679
Interest expense 0 0 0 0
Interest income 0 0 0 0
Merger and other acquisition expenses 0 0 0 0
(Gain) loss on foreign exchange 0 0 0 0
Write-offs and impairments of certain lease intangibles and other assets 0   0  
Total expenses and other income 43,286 50,299 134,494 145,489
Income (loss) before income taxes 23,998 36,701 76,596 105,625
Loss on extinguishment of debt 0   0  
Corporate        
Revenue:        
Retail merchandise sales 0 0 0 0
Pawn loan fees 0 0 0 0
Wholesale scrap jewelry sales 0 0 0 0
Consumer loan and credit services fees 0 0 0 0
Total revenue 0 0 0 0
Cost of revenue:        
Cost of retail merchandise sold 0 0 0 0
Cost of wholesale scrap jewelry sold 0 0 0 0
Total cost of revenue 0 0 0 0
Total cost of revenue 0 0 0 0
Net revenue 0 0 0 0
Expenses and other income:        
Store operating expenses 0 0 0 0
Administrative expenses 24,354 30,576 85,642 94,426
Depreciation and amortization 1,133 1,666 3,504 4,852
Interest expense 6,561 8,922 21,953 25,840
Interest income (499) (429) (1,209) (788)
Merger and other acquisition expenses 7 805 209 1,510
(Gain) loss on foreign exchange (432) 1,648 1,639 926
Write-offs and impairments of certain lease intangibles and other assets 837   6,549  
Total expenses and other income 43,698 43,188 130,024 126,766
Income (loss) before income taxes (43,698) $ (43,188) (130,024) $ (126,766)
Loss on extinguishment of debt $ 11,737   $ 11,737