XML 57 R44.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Segment Information (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2024
USD ($)
segment
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Schedule of Revenues from External Customers [Line Items]      
Number of reportable segments | segment 3    
Revenue:      
Retail merchandise sales $ 366,821 $ 327,915  
Pawn loan fees 179,535 151,560  
Leased merchandise income 205,671 183,438  
Interest and fees on finance receivables 57,387 54,642  
Wholesale scrap jewelry sales 26,956 45,184  
Total revenue 836,370 762,739  
Cost of revenue:      
Cost of retail merchandise sold 223,529 199,001  
Depreciation of leased merchandise 120,284 101,605  
Provision for lease losses 43,010 49,065  
Provision for loan losses 30,418 29,285  
Cost of wholesale scrap jewelry sold 23,289 35,727  
Total cost of revenue 440,530 414,683  
Net revenue 395,840 348,056  
Expenses and other income:      
Operating expenses 221,136 199,061  
Administrative expenses 43,057 39,017  
Depreciation and amortization 26,027 27,111  
Interest expense 25,418 20,897  
Interest income (743) (517)  
Gain on foreign exchange (186) (802)  
Merger and acquisition expenses 597 31  
Other expenses (income), net (1,351) 45  
Total expenses and other income 313,955 284,843  
Income (loss) before income taxes 81,885 63,213  
Pawn loans 456,079 377,697 $ 471,846
Finance receivables, net 105,653 102,093 113,901
Inventories 302,385 257,603 312,089
Leased merchandise, net 157,785 148,854 $ 171,191
Corporate/ Eliminations      
Revenue:      
Retail merchandise sales (1,018) (1,703)  
Pawn loan fees 0 0  
Leased merchandise income 0 0  
Interest and fees on finance receivables 0 0  
Wholesale scrap jewelry sales 0 0  
Total revenue (1,018) (1,703)  
Cost of revenue:      
Cost of retail merchandise sold (568) (891)  
Depreciation of leased merchandise (490) (567)  
Provision for lease losses (170) (101)  
Provision for loan losses 0 0  
Cost of wholesale scrap jewelry sold 0 0  
Total cost of revenue (1,228) (1,559)  
Net revenue 210 (144)  
Expenses and other income:      
Operating expenses 0 0  
Administrative expenses 43,057 39,017  
Depreciation and amortization 13,188 15,060  
Interest expense 25,418 20,897  
Interest income (743) (517)  
Gain on foreign exchange (186) (802)  
Merger and acquisition expenses 597 31  
Other expenses (income), net (1,351) 45  
Total expenses and other income 79,980 73,731  
Income (loss) before income taxes (79,770) (73,875)  
Pawn loans 0 0  
Finance receivables, net 0 0  
Inventories 0 0  
Leased merchandise, net (305) (1,240)  
Operating Segments | UNITED STATES | Retail POS Payment Solutions      
Revenue:      
Retail merchandise sales 0 0  
Pawn loan fees 0 0  
Leased merchandise income 205,671 183,438  
Interest and fees on finance receivables 57,387 54,642  
Wholesale scrap jewelry sales 0 0  
Total revenue 263,058 238,080  
Cost of revenue:      
Cost of retail merchandise sold 0 0  
Depreciation of leased merchandise 120,774 102,172  
Provision for lease losses 43,180 49,166  
Provision for loan losses 30,418 29,285  
Cost of wholesale scrap jewelry sold 0 0  
Total cost of revenue 194,372 180,623  
Net revenue 68,686 57,457  
Expenses and other income:      
Operating expenses 34,816 33,524  
Administrative expenses 0 0  
Depreciation and amortization 721 736  
Interest expense 0 0  
Interest income 0 0  
Gain on foreign exchange 0 0  
Merger and acquisition expenses 0 0  
Other expenses (income), net 0 0  
Total expenses and other income 35,537 34,260  
Income (loss) before income taxes 33,149 23,197  
Pawn loans 0 0  
Finance receivables, net 105,653 102,093  
Inventories 0 0  
Leased merchandise, net 158,090 150,094  
Operating Segments | UNITED STATES | Pawn Segment      
Revenue:      
Retail merchandise sales 236,990 210,681  
Pawn loan fees 122,974 102,684  
Leased merchandise income 0 0  
Interest and fees on finance receivables 0 0  
Wholesale scrap jewelry sales 17,726 26,316  
Total revenue 377,690 339,681  
Cost of revenue:      
Cost of retail merchandise sold 139,914 121,929  
Depreciation of leased merchandise 0 0  
Provision for lease losses 0 0  
Provision for loan losses 0 0  
Cost of wholesale scrap jewelry sold 15,266 21,082  
Total cost of revenue 155,180 143,011  
Net revenue 222,510 196,670  
Expenses and other income:      
Operating expenses 118,895 109,781  
Administrative expenses 0 0  
Depreciation and amortization 7,013 5,870  
Interest expense 0 0  
Interest income 0 0  
Gain on foreign exchange 0 0  
Merger and acquisition expenses 0 0  
Other expenses (income), net 0 0  
Total expenses and other income 125,908 115,651  
Income (loss) before income taxes 96,602 81,019  
Pawn loans 315,792 256,773  
Finance receivables, net 0 0  
Inventories 216,762 178,587  
Leased merchandise, net 0 0  
Operating Segments | Latin America | Latin America Pawn Segment      
Revenue:      
Retail merchandise sales 130,849 118,937  
Pawn loan fees 56,561 48,876  
Leased merchandise income 0 0  
Interest and fees on finance receivables 0 0  
Wholesale scrap jewelry sales 9,230 18,868  
Total revenue 196,640 186,681  
Cost of revenue:      
Cost of retail merchandise sold 84,183 77,963  
Depreciation of leased merchandise 0 0  
Provision for lease losses 0 0  
Provision for loan losses 0 0  
Cost of wholesale scrap jewelry sold 8,023 14,645  
Total cost of revenue 92,206 92,608  
Net revenue 104,434 94,073  
Expenses and other income:      
Operating expenses 67,425 55,756  
Administrative expenses 0 0  
Depreciation and amortization 5,105 5,445  
Interest expense 0 0  
Interest income 0 0  
Gain on foreign exchange 0 0  
Merger and acquisition expenses 0 0  
Other expenses (income), net 0 0  
Total expenses and other income 72,530 61,201  
Income (loss) before income taxes 31,904 32,872  
Pawn loans 140,287 120,924  
Finance receivables, net 0 0  
Inventories 85,623 79,016  
Leased merchandise, net $ 0 $ 0