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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:        
Retail merchandise sales $ 320,864 $ 298,257 $ 648,779 $ 601,076
Pawn loan fees 154,178 134,067 305,738 265,886
Leased merchandise income 189,805 147,700 373,243 297,647
Interest and fees on finance receivables 58,192 43,744 112,834 86,193
Wholesale scrap jewelry sales 27,583 23,848 72,767 56,653
Total revenue 750,622 647,616 1,513,361 1,307,455
Cost of revenue:        
Cost of retail merchandise sold 192,271 179,309 391,272 361,523
Depreciation of leased merchandise 102,521 82,605 204,126 176,311
Provision for lease losses 52,873 38,035 101,938 77,855
Provision for loan losses 28,190 26,800 57,475 51,497
Cost of wholesale scrap jewelry sold 21,880 19,895 57,607 48,110
Total cost of revenue 397,735 346,644 812,418 715,296
Net revenue (loss) 352,887 300,972 700,943 592,159
Expenses and other income:        
Operating expenses 204,781 180,555 403,842 353,851
Administrative expenses 40,355 37,068 79,372 73,931
Depreciation and amortization 27,050 25,982 54,161 51,524
Interest expense 21,071 16,246 41,968 32,467
Interest income (408) (222) (925) (898)
(Gain) loss on foreign exchange (817) 27 (1,619) (453)
Merger and acquisition expenses 252 314 283 979
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 0 (65,559) 0 (62,989)
Other expenses (income), net 79 (3,062) 124 (2,885)
Total expenses and other income 292,363 191,349 577,206 445,527
Income (loss) before income taxes 60,524 109,623 123,737 146,632
Provision for income taxes 15,344 23,515 31,169 32,519
Net income $ 45,180 $ 86,108 $ 92,568 $ 114,113
Earnings per share:        
Basic (USD per share) $ 0.99 $ 1.82 $ 2.02 $ 2.39
Diluted (USD per share) $ 0.99 $ 1.81 $ 2.01 $ 2.38