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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Retail merchandise sales $ 363,463 $ 320,864 $ 730,284 $ 648,779
Pawn loan fees 181,046 154,178 360,581 305,738
Leased merchandise income 194,570 189,805 400,241 373,243
Interest and fees on finance receivables 56,799 58,192 114,186 112,834
Wholesale scrap jewelry sales 35,134 27,583 62,090 72,767
Total revenue 831,012 750,622 1,667,382 1,513,361
Cost of revenue:        
Cost of retail merchandise sold 218,147 192,271 441,676 391,272
Depreciation of leased merchandise 110,157 102,521 230,441 204,126
Provision for lease losses 47,653 52,873 90,663 101,938
Provision for loan losses 31,116 28,190 61,534 57,475
Cost of wholesale scrap jewelry sold 28,542 21,880 51,831 57,607
Total cost of revenue 435,615 397,735 876,145 812,418
Net revenue 395,397 352,887 791,237 700,943
Expenses and other income:        
Operating expenses 228,369 204,781 449,505 403,842
Administrative expenses 45,576 40,355 88,633 79,372
Depreciation and amortization 26,547 27,050 52,574 54,161
Interest expense 25,187 21,071 50,605 41,968
Interest income (261) (408) (1,004) (925)
Loss (gain) on foreign exchange 1,437 (817) 1,251 (1,619)
Merger and acquisition expenses 1,364 252 1,961 283
Other expenses (income), net 1,000 79 (351) 124
Total expenses and other income 329,219 292,363 643,174 577,206
Income (loss) before income taxes 66,178 60,524 148,063 123,737
Provision for income taxes 17,105 15,344 37,622 31,169
Net income $ 49,073 $ 45,180 $ 110,441 $ 92,568
Earnings per share:        
Basic (USD per share) $ 1.09 $ 0.99 $ 2.44 $ 2.02
Diluted (USD per share) $ 1.08 $ 0.99 $ 2.44 $ 2.01