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Segment Information
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company organizes its operations into three reportable segments as follows:

•U.S. pawn
•Latin America pawn
•Retail POS payment solutions (AFF)

Corporate expenses and income, which include administrative expenses, corporate depreciation and amortization, interest expense, interest income, (gain) loss on foreign exchange, merger and acquisition expenses, gain on revaluation of contingent acquisition consideration, and other expenses (income), net, are presented on a consolidated basis and are not allocated between the U.S. pawn segment, Latin America pawn segment or retail POS payment solutions segment. Intersegment transactions relate to the Company offering AFF’s LTO payment solution as a payment option in its U.S. pawn stores and are eliminated to arrive at consolidated totals.
The following tables present reportable segment information for the three and six month periods ended June 30, 2023 and 2022 as well as segment earning assets (in thousands):

Three Months Ended June 30, 2023
 U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Corporate/
Eliminations		Consolidated
Revenue:   
Retail merchandise sales$196,043 $126,581 $— $(1,760)
(1)
$320,864 
Pawn loan fees98,973 55,205 — — 154,178 
Leased merchandise income— — 189,805 — 189,805 
Interest and fees on finance receivables— — 58,192 — 58,192 
Wholesale scrap jewelry sales17,652 9,931 — — 27,583 
Total revenue312,668 191,717 247,997 (1,760)750,622 
Cost of revenue:    
Cost of retail merchandise sold111,539 81,660 — (928)
(1)
192,271 
Depreciation of leased merchandise— — 103,062 (541)
(1)
102,521 
Provision for lease losses— — 53,048 (175)
(1)
52,873 
Provision for loan losses— — 28,190 — 28,190 
Cost of wholesale scrap jewelry sold14,225 7,655 — — 21,880 
Total cost of revenue125,764 89,315 184,300 (1,644)397,735 
Net revenue (loss)186,904 102,402 63,697 (116)352,887 
Expenses and other income:    
Operating expenses108,159 59,507 37,115 — 204,781 
Administrative expenses— — — 40,355 40,355 
Depreciation and amortization6,330 5,203 751 14,766 27,050 
Interest expense— — — 21,071 21,071 
Interest income— — — (408)(408)
Gain on foreign exchange
— — — (817)(817)
Merger and acquisition expenses— — — 252 252 
Other expenses (income), net— — — 79 79 
Total expenses and other income114,489 64,710 37,866 75,298 292,363 
Income (loss) before income taxes$72,415 $37,692 $25,831 $(75,414)$60,524 

(1)Represents the elimination of intersegment transactions related to the Company offering AFF’s LTO payment solution as a payment option in its U.S. pawn stores.
Six Months Ended June 30, 2023
U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Corporate/
Eliminations		Consolidated
Revenue:   
Retail merchandise sales$406,724 $245,518 $— $(3,463)
(1)
$648,779 
Pawn loan fees201,657 104,081 — — 305,738 
Leased merchandise income— — 373,243 — 373,243 
Interest and fees on finance receivables— — 112,834 — 112,834 
Wholesale scrap jewelry sales43,968 28,799 — — 72,767 
Total revenue652,349 378,398 486,077 (3,463)1,513,361 
Cost of revenue:    
Cost of retail merchandise sold233,468 159,623 — (1,819)
(1)
391,272 
Depreciation of leased merchandise— — 205,234 (1,108)
(1)
204,126 
Provision for lease losses— — 102,214 (276)
(1)
101,938 
Provision for loan losses— — 57,475 — 57,475 
Cost of wholesale scrap jewelry sold35,307 22,300 — — 57,607 
Total cost of revenue268,775 181,923 364,923 (3,203)812,418 
Net revenue (loss)383,574 196,475 121,154 (260)700,943 
Expenses and other income:    
Operating expenses217,940 115,263 70,639 — 403,842 
Administrative expenses— — — 79,372 79,372 
Depreciation and amortization12,200 10,648 1,487 29,826 54,161 
Interest expense— — — 41,968 41,968 
Interest income— — — (925)(925)
Gain on foreign exchange
— — — (1,619)(1,619)
Merger and acquisition expenses— — — 283 283 
Other expenses (income), net— — — 124 124 
Total expenses and other income230,140 125,911 72,126 149,029 577,206 
Income (loss) before income taxes$153,434 $70,564 $49,028 $(149,289)$123,737 


As of June 30, 2023
U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Corporate/
Eliminations		Consolidated
Earning assets:
Pawn loans$291,447 $134,718 $— $— $426,165 
Finance receivables, net— — 110,555 — 110,555 
Inventories180,410 86,732 — — 267,142 
Leased merchandise, net— — 144,501 (1,356)
(1)
143,145 

(1)Represents the elimination of intersegment transactions related to the Company offering AFF’s LTO payment solution as a payment option in its U.S. pawn stores.
Three Months Ended June 30, 2022
 U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Corporate/
Eliminations		Consolidated
Revenue:   
Retail merchandise sales$195,369 $102,888 $— $— $298,257 
Pawn loan fees87,743 46,324 — — 134,067 
Leased merchandise income— — 147,700 — 147,700 
Interest and fees on finance receivables— — 43,744 — 43,744 
Wholesale scrap jewelry sales15,673 8,175 — — 23,848 
Total revenue298,785 157,387 191,444 — 647,616 
Cost of revenue:    
Cost of retail merchandise sold114,390 64,919 — — 179,309 
Depreciation of leased merchandise— — 82,605 — 82,605 
Provision for lease losses— — 38,035 — 38,035 
Provision for loan losses— — 26,800 — 26,800 
Cost of wholesale scrap jewelry sold13,282 6,613 — — 19,895 
Total cost of revenue127,672 71,532 147,440 — 346,644 
Net revenue171,113 85,855 44,004 — 300,972 
Expenses and other income:    
Operating expenses101,242 48,053 31,260 — 180,555 
Administrative expenses— — — 37,068 37,068 
Depreciation and amortization5,868 4,553 699 14,862 25,982 
Interest expense— — — 16,246 16,246 
Interest income— — — (222)(222)
Loss on foreign exchange
— — — 27 27 
Merger and acquisition expenses— — — 314 314 
Gain on revaluation of contingent acquisition consideration
— — — (65,559)(65,559)
Other expenses (income), net— — — (3,062)(3,062)
Total expenses and other income107,110 52,606 31,959 (326)191,349 
Income before income taxes$64,003 $33,249 $12,045 $326 $109,623 
Six Months Ended June 30, 2022
U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Corporate/
Eliminations		Consolidated
Revenue:   
Retail merchandise sales$400,311 $200,765 $— $— $601,076 
Pawn loan fees178,082 87,804 — — 265,886 
Leased merchandise income— — 297,647 — 297,647 
Interest and fees on finance receivables— — 86,193 — 86,193 
Wholesale scrap jewelry sales32,197 24,456 — — 56,653 
Total revenue610,590 313,025 383,840 — 1,307,455 
Cost of revenue:    
Cost of retail merchandise sold234,108 127,415 — — 361,523 
Depreciation of leased merchandise— — 176,311 — 176,311 
Provision for lease losses— — 77,855 — 77,855 
Provision for loan losses— — 51,497 — 51,497 
Cost of wholesale scrap jewelry sold27,812 20,298 — — 48,110 
Total cost of revenue261,920 147,713 305,663 — 715,296 
Net revenue348,670 165,312 78,177 — 592,159 
Expenses and other income:    
Operating expenses200,064 93,595 60,192 — 353,851 
Administrative expenses— — — 73,931 73,931 
Depreciation and amortization11,455 8,954 1,381 29,734 51,524 
Interest expense— — — 32,467 32,467 
Interest income— — — (898)(898)
Gain on foreign exchange
— — — (453)(453)
Merger and acquisition expenses— — — 979 979 
Gain on revaluation of contingent acquisition consideration
— — — (62,989)(62,989)
Other expenses (income), net— — — (2,885)(2,885)
Total expenses and other income211,519 102,549 61,573 69,886 445,527 
Income (loss) before income taxes$137,151 $62,763 $16,604 $(69,886)$146,632 

As of June 30, 2022
U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Consolidated
Earning assets:
Pawn loans$271,255$114,453$—$385,708
Finance receivables, net——125,619125,619
Inventories185,92174,607—260,528
Leased merchandise, net——118,924118,924