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Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

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

The following tables present reportable segment information for the three and six month periods ended June 30, 2021 and 2020 (in thousands):

						Three Months Ended June 30, 2021
						U.S. Operations						Latin America Operations						Corporate						Consolidated
Revenue:
Retail merchandise sales						$	173,254					$	92,313					$	—					$	265,567
Pawn loan fees						66,942						42,967						—						109,909
Wholesale scrap jewelry sales						6,846						7,256						—						14,102
Total revenue						247,042						142,536						—						389,578
Cost of revenue:
Cost of retail merchandise sold						95,599						57,825						—						153,424
Cost of wholesale scrap jewelry sold						5,387						6,545						—						11,932
Total cost of revenue						100,986						64,370						—						165,356
Net revenue						146,056						78,166						—						224,222
Expenses and other income:
Store operating expenses						93,574						45,554						—						139,128
Administrative expenses						—						—						27,398						27,398
Depreciation and amortization						5,347						4,534						1,021						10,902
Interest expense						—						—						7,198						7,198
Interest income						—						—						(119)						(119)
Merger and acquisition expenses						—						—						1,086						1,086
Gain on foreign exchange						—						—						(577)						(577)
Write-off of certain Cash America merger related lease intangibles						—						—						401						401
Total expenses and other income						98,921						50,088						36,408						185,417
Income (loss) before income taxes						$	47,135					$	28,078					$	(36,408)					$	38,805

						Three Months Ended June 30, 2020
						U.S. Operations						Latin America Operations						Corporate						Consolidated
Revenue:
Retail merchandise sales						$	208,944					$	78,456					$	—					$	287,400
Pawn loan fees						71,900						30,090						—						101,990
Wholesale scrap jewelry sales						9,557						13,228						—						22,785
Consumer loan and credit services fees						571						—						—						571
Total revenue						290,972						121,774						—						412,746
Cost of revenue:
Cost of retail merchandise sold						121,661						49,850						—						171,511
Cost of wholesale scrap jewelry sold						8,432						9,925						—						18,357
Consumer loan and credit services loss provision						(223)						—						—						(223)
Total cost of revenue						129,870						59,775						—						189,645
Net revenue						161,102						61,999						—						223,101
Expenses and other income:
Store operating expenses						103,302						37,749						—						141,051
Administrative expenses						—						—						28,386						28,386
Depreciation and amortization						5,561						3,602						1,161						10,324
Interest expense						—						—						6,974						6,974
Interest income						—						—						(525)						(525)
Merger and acquisition expenses						—						—						134						134
Gain on foreign exchange						—						—						(614)						(614)
Write-off of certain Cash America merger related lease intangibles						—						—						182						182
Total expenses and other income						108,863						41,351						35,698						185,912
Income (loss) before income taxes						$	52,239					$	20,648					$	(35,698)					$	37,189

						Six Months Ended June 30, 2021
						U.S. Operations						Latin America Operations						Corporate						Consolidated
Revenue:
Retail merchandise sales						$	363,211					$	174,398					$	—					$	537,609
Pawn loan fees						143,339						82,092						—						225,431
Wholesale scrap jewelry sales						16,049						18,428						—						34,477
Total revenue						522,599						274,918						—						797,517
Cost of revenue:
Cost of retail merchandise sold						202,129						108,448						—						310,577
Cost of wholesale scrap jewelry sold						12,900						16,229						—						29,129
Total cost of revenue						215,029						124,677						—						339,706
Net revenue						307,570						150,241						—						457,811
Expenses and other income:
Store operating expenses						188,821						87,631						—						276,452
Administrative expenses						—						—						58,397						58,397
Depreciation and amortization						10,729						8,797						1,988						21,514
Interest expense						—						—						14,428						14,428
Interest income						—						—						(277)						(277)
Merger and acquisition expenses						—						—						1,252						1,252
Gain on foreign exchange						—						—						(310)						(310)
Write-off of certain Cash America merger related lease intangibles						—						—						1,279						1,279
Total expenses and other income						199,550						96,428						76,757						372,735
Income (loss) before income taxes						$	108,020					$	53,813					$	(76,757)					$	85,076

						Six Months Ended June 30, 2020
						U.S. Operations						Latin America Operations						Corporate						Consolidated
Revenue:
Retail merchandise sales						$	404,910					$	179,119					$	—					$	584,029
Pawn loan fees						169,757						74,348						—						244,105
Wholesale scrap jewelry sales						25,035						24,121						—						49,156
Consumer loan and credit services fees						1,946						—						—						1,946
Total revenue						601,648						277,588						—						879,236
Cost of revenue:
Cost of retail merchandise sold						241,190						115,016						—						356,206
Cost of wholesale scrap jewelry sold						22,438						18,766						—						41,204
Consumer loan and credit services loss provision						(584)						—						—						(584)
Total cost of revenue						263,044						133,782						—						396,826
Net revenue						338,604						143,806						—						482,410
Expenses and other income:
Store operating expenses						211,008						83,543						—						294,551
Administrative expenses						—						—						61,288						61,288
Depreciation and amortization						10,962						7,665						2,371						20,998
Interest expense						—						—						15,392						15,392
Interest income						—						—						(710)						(710)
Merger and acquisition expenses						—						—						202						202
Loss on foreign exchange						—						—						2,071						2,071
Write-off of certain Cash America merger related lease intangibles						—						—						3,812						3,812
Impairment of certain other assets						—						—						1,900						1,900
Total expenses and other income						221,970						91,208						86,326						399,504
Income (loss) before income taxes						$	116,634					$	52,598					$	(86,326)					$	82,906

X

- 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=120311839&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=120311839&loc=d3e8906-108599

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X

- References

No definition available.

+ Details

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