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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2022
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 periods ended March 31, 2022 and 2021 (in thousands):
|  | Three Months Ended March 31, 2022
|  | U.S. Pawn |  | Latin America Pawn |  | Retail POS Payment Solutions |  | Corporate |  | Consolidated
Revenue: |  |  |  |  |  |  |  |  |  |
Retail merchandise sales |  | $ | 204,942 |  |  | $ | 97,877 |  |  | $ | — |  |  | $ | — |  |  | $ | 302,819 |
Pawn loan fees |  | 90,339 |  |  | 41,480 |  |  | — |  |  | — |  |  | 131,819 |
Leased merchandise income |  | — |  |  | — |  |  | 149,947 |  |  | — |  |  | 149,947 |
Interest and fees on finance receivables |  | — |  |  | — |  |  | 42,449 |  |  | — |  |  | 42,449 |
Wholesale scrap jewelry sales |  | 16,524 |  |  | 16,281 |  |  | — |  |  | — |  |  | 32,805 |
Total revenue |  | 311,805 |  |  | 155,638 |  |  | 192,396 |  |  | — |  |  | 659,839 |
Cost of revenue: |  |  |  |  |  |  |  |  |  |
Cost of retail merchandise sold |  | 119,718 |  |  | 62,496 |  |  | — |  |  | — |  |  | 182,214 |
Depreciation of leased merchandise |  | — |  |  | — |  |  | 93,706 |  |  | — |  |  | 93,706 |
Provision for lease losses |  | — |  |  | — |  |  | 39,820 |  |  | — |  |  | 39,820 |
Provision for loan losses |  | — |  |  | — |  |  | 24,697 |  |  | — |  |  | 24,697 |
Cost of wholesale scrap jewelry sold |  | 14,530 |  |  | 13,685 |  |  | — |  |  | — |  |  | 28,215 |
Total cost of revenue |  | 134,248 |  |  | 76,181 |  |  | 158,223 |  |  | — |  |  | 368,652 |
Net revenue |  | 177,557 |  |  | 79,457 |  |  | 34,173 |  |  | — |  |  | 291,187 |
Expenses and other income: |  |  |  |  |  |  |  |  |  |
Operating expenses |  | 98,822 |  |  | 45,542 |  |  | 28,932 |  |  | — |  |  | 173,296 |
Administrative expenses |  | — |  |  | — |  |  | — |  |  | 36,863 |  |  | 36,863 |
Depreciation and amortization |  | 5,587 |  |  | 4,401 |  |  | 682 |  |  | 14,872 |  |  | 25,542 |
Interest expense |  | — |  |  | — |  |  | — |  |  | 16,221 |  |  | 16,221 |
Interest income |  | — |  |  | — |  |  | — |  |  | (676) |  |  | (676) |
Gain on foreign exchange |  | — |  |  | — |  |  | — |  |  | (480) |  |  | (480) |
Merger and acquisition expenses |  | — |  |  | — |  |  | — |  |  | 665 |  |  | 665 |
Loss on revaluation of contingent acquisition consideration |  | — |  |  | — |  |  | — |  |  | 2,570 |  |  | 2,570 |
Impairments and dispositions of certain other assets |  | — |  |  | — |  |  | — |  |  | 177 |  |  | 177 |
Total expenses and other income |  | 104,409 |  |  | 49,943 |  |  | 29,614 |  |  | 70,212 |  |  | 254,178 |
Income (loss) before income taxes |  | $ | 73,148 |  |  | $ | 29,514 |  |  | $ | 4,559 |  |  | $ | (70,212) |  |  | $ | 37,009 |
|  | Three Months Ended March 31, 2021
|  | U.S. Pawn |  | Latin America Pawn |  |  |  | Corporate |  | Consolidated
Revenue: |  |  |  |  |  |  |  |  |  |
Retail merchandise sales |  | $ | 189,957 |  |  | $ | 82,085 |  |  |  |  | $ | — |  |  | $ | 272,042 |
Pawn loan fees |  | 76,397 |  |  | 39,125 |  |  |  |  | — |  |  | 115,522 |
Wholesale scrap jewelry sales |  | 9,203 |  |  | 11,172 |  |  |  |  | — |  |  | 20,375 |
Total revenue |  | 275,557 |  |  | 132,382 |  |  |  |  | — |  |  | 407,939 |
Cost of revenue: |  |  |  |  |  |  |  |  |  |
Cost of retail merchandise sold |  | 106,530 |  |  | 50,623 |  |  |  |  | — |  |  | 157,153 |
Cost of wholesale scrap jewelry sold |  | 7,513 |  |  | 9,684 |  |  |  |  | — |  |  | 17,197 |
Total cost of revenue |  | 114,043 |  |  | 60,307 |  |  |  |  | — |  |  | 174,350 |
Net revenue |  | 161,514 |  |  | 72,075 |  |  |  |  | — |  |  | 233,589 |
Expenses and other income: |  |  |  |  |  |  |  |  |  |
Operating expenses |  | 95,247 |  |  | 42,077 |  |  |  |  | — |  |  | 137,324 |
Administrative expenses |  | — |  |  | — |  |  |  |  | 30,999 |  |  | 30,999 |
Depreciation and amortization |  | 5,382 |  |  | 4,263 |  |  |  |  | 967 |  |  | 10,612 |
Interest expense |  | — |  |  | — |  |  |  |  | 7,230 |  |  | 7,230 |
Interest income |  | — |  |  | — |  |  |  |  | (158) |  |  | (158) |
Loss on foreign exchange |  | — |  |  | — |  |  |  |  | 267 |  |  | 267 |
Merger and acquisition expenses |  | — |  |  | — |  |  |  |  | 166 |  |  | 166 |
Impairments and dispositions of certain other assets |  | — |  |  | — |  |  |  |  | 878 |  |  | 878 |
Total expenses and other income |  | 100,629 |  |  | 46,340 |  |  |  |  | 40,349 |  |  | 187,318 |
Income (loss) before income taxes |  | $ | 60,885 |  |  | $ | 25,735 |  |  |  |  | $ | (40,349) |  |  | $ | 46,271 |

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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=123359005&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=123359005&loc=d3e8906-108599 + Details
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