XML 54 R43.htm IDEA: XBRL DOCUMENT v3.23.1
Segment Information (Details)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
USD ($)
segment
Mar. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
Schedule of Revenues from External Customers [Line Items]      
Number of reportable segments | segment 3    
Revenue:      
Retail merchandise sales $ 327,915 $ 302,819  
Pawn loan fees 151,560 131,819  
Leased merchandise income 183,438 149,947  
Interest and fees on finance receivables 54,642 42,449  
Wholesale scrap jewelry sales 45,184 32,805  
Total revenue 762,739 659,839  
Cost of revenue:      
Cost of retail merchandise sold 199,001 182,214  
Depreciation of leased merchandise 101,605 93,706  
Provision for lease losses 49,065 39,820  
Provision for loan losses 29,285 24,697  
Cost of wholesale scrap jewelry sold 35,727 28,215  
Total cost of revenue 414,683 368,652  
Net revenue (loss) 348,056 291,187  
Expenses and other income:      
Operating expenses 199,061 173,296  
Administrative expenses 39,017 36,863  
Depreciation and amortization 27,111 25,542  
Interest expense 20,897 16,221  
Interest income (517) (676)  
Merger and acquisition expenses 31 665  
Gain on foreign exchange (802) (480)  
Gain on revaluation of contingent acquisition consideration 0 2,570  
Other expenses (income), net 45 177  
Total expenses and other income 284,843 254,178  
Income (loss) before income taxes 63,213 37,009  
Pawn loans 377,697 344,101 $ 390,617
Finance receivables, net 102,093 140,481 103,494
Inventories 257,603 247,276 288,339
Leased merchandise, net 148,854 119,147 $ 153,302
Corporate/ Eliminations      
Revenue:      
Interest and fees on finance receivables   0  
Cost of revenue:      
Provision for loan losses   0  
Corporate/ Eliminations      
Revenue:      
Retail merchandise sales (1,703) 0  
Pawn loan fees 0 0  
Leased merchandise income 0 0  
Interest and fees on finance receivables 0    
Wholesale scrap jewelry sales 0 0  
Total revenue (1,703) 0  
Cost of revenue:      
Cost of retail merchandise sold (891) 0  
Depreciation of leased merchandise (567) 0  
Provision for lease losses (101) 0  
Provision for loan losses 0    
Cost of wholesale scrap jewelry sold 0 0  
Total cost of revenue (1,559) 0  
Net revenue (loss) (144) 0  
Expenses and other income:      
Operating expenses 0 0  
Administrative expenses 39,017 36,863  
Depreciation and amortization 15,060 14,872  
Interest expense 20,897 16,221  
Interest income (517) (676)  
Merger and acquisition expenses 31 665  
Gain on foreign exchange (802) (480)  
Gain on revaluation of contingent acquisition consideration   2,570  
Other expenses (income), net 45 177  
Total expenses and other income 73,731 70,212  
Income (loss) before income taxes (73,875) (70,212)  
Pawn loans 0    
Finance receivables, net 0    
Inventories 0    
Leased merchandise, net (1,240)    
Operating Segments | UNITED STATES | Retail POS Payment Solutions      
Revenue:      
Retail merchandise sales 0 0  
Pawn loan fees 0 0  
Leased merchandise income 183,438 149,947  
Interest and fees on finance receivables 54,642 42,449  
Wholesale scrap jewelry sales 0 0  
Total revenue 238,080 192,396  
Cost of revenue:      
Cost of retail merchandise sold 0 0  
Depreciation of leased merchandise 102,172 93,706  
Provision for lease losses 49,166 39,820  
Provision for loan losses 29,285 24,697  
Cost of wholesale scrap jewelry sold 0 0  
Total cost of revenue 180,623 158,223  
Net revenue (loss) 57,457 34,173  
Expenses and other income:      
Operating expenses 33,524 28,932  
Administrative expenses 0 0  
Depreciation and amortization 736 682  
Interest expense 0 0  
Interest income 0 0  
Merger and acquisition expenses 0 0  
Gain on foreign exchange 0 0  
Gain on revaluation of contingent acquisition consideration   0  
Other expenses (income), net 0 0  
Total expenses and other income 34,260 29,614  
Income (loss) before income taxes 23,197 4,559  
Pawn loans 0 0  
Finance receivables, net 102,093 140,481  
Inventories 0 0  
Leased merchandise, net 150,094 119,147  
Operating Segments | UNITED STATES | Pawn Segment      
Revenue:      
Retail merchandise sales 210,681 204,942  
Pawn loan fees 102,684 90,339  
Leased merchandise income 0 0  
Interest and fees on finance receivables 0 0  
Wholesale scrap jewelry sales 26,316 16,524  
Total revenue 339,681 311,805  
Cost of revenue:      
Cost of retail merchandise sold 121,929 119,718  
Depreciation of leased merchandise 0 0  
Provision for lease losses 0 0  
Provision for loan losses 0 0  
Cost of wholesale scrap jewelry sold 21,082 14,530  
Total cost of revenue 143,011 134,248  
Net revenue (loss) 196,670 177,557  
Expenses and other income:      
Operating expenses 109,781 98,822  
Administrative expenses 0 0  
Depreciation and amortization 5,870 5,587  
Interest expense 0 0  
Interest income 0 0  
Merger and acquisition expenses 0 0  
Gain on foreign exchange 0 0  
Gain on revaluation of contingent acquisition consideration   0  
Other expenses (income), net 0 0  
Total expenses and other income 115,651 104,409  
Income (loss) before income taxes 81,019 73,148  
Pawn loans 256,773 241,597  
Finance receivables, net 0 0  
Inventories 178,587 184,671  
Leased merchandise, net 0 0  
Operating Segments | Latin America | Pawn Segment      
Revenue:      
Retail merchandise sales 118,937 97,877  
Pawn loan fees 48,876 41,480  
Leased merchandise income 0 0  
Interest and fees on finance receivables 0 0  
Wholesale scrap jewelry sales 18,868 16,281  
Total revenue 186,681 155,638  
Cost of revenue:      
Cost of retail merchandise sold 77,963 62,496  
Depreciation of leased merchandise 0 0  
Provision for lease losses 0 0  
Provision for loan losses 0 0  
Cost of wholesale scrap jewelry sold 14,645 13,685  
Total cost of revenue 92,608 76,181  
Net revenue (loss) 94,073 79,457  
Expenses and other income:      
Operating expenses 55,756 45,542  
Administrative expenses 0 0  
Depreciation and amortization 5,445 4,401  
Interest expense 0 0  
Interest income 0 0  
Merger and acquisition expenses 0 0  
Gain on foreign exchange 0 0  
Gain on revaluation of contingent acquisition consideration   0  
Other expenses (income), net 0 0  
Total expenses and other income 61,201 49,943  
Income (loss) before income taxes 32,872 29,514  
Pawn loans 120,924 102,504  
Finance receivables, net 0 0  
Inventories 79,016 62,605  
Leased merchandise, net $ 0 $ 0