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Segment Information
 3 Months Ended
Mar. 31, 2025
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 (American First Finance “AFF”)

Corporate expenses and income, which include administrative expenses, corporate depreciation and amortization, interest expense, interest income, gain on foreign exchange, merger and acquisition expenses, and other 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 in its U.S. pawn stores and are eliminated to arrive at consolidated totals.
The following tables present reportable segment information for the three month period ended March 31, 2025 and 2024 as well as certain segment assets (in thousands):

Three Months Ended March 31, 2025
 U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Corporate/
Eliminations		Consolidated
Revenue:   
Retail merchandise sales$251,225 $120,532 $— $(701)
(1)
$371,056 
Pawn loan fees137,948 53,923 — — 191,871 
Leased merchandise income— — 156,918 — 156,918 
Interest and fees on finance receivables— — 73,413 — 73,413 
Wholesale scrap jewelry sales33,492 9,673 — — 43,165 
Total revenue422,665 184,128 230,331 (701)836,423 
Cost of revenue:    
Cost of retail merchandise sold145,758 78,739 — (373)
(1)
224,124 
Depreciation of leased merchandise— — 89,143 (324)
(1)
88,819 
Provision for lease losses— — 27,604 (42)
(1)
27,562 
Provision for loan losses— — 36,360 — 36,360 
Cost of wholesale scrap jewelry sold27,224 8,131 — — 35,355 
Total cost of revenue172,982 86,870 153,107 (739)412,220 
Net revenue
249,683 97,258 77,224 38 424,203 
Expenses and other income:    
Operating expenses128,951 61,417 24,218 — 214,586 
Administrative expenses— — — 48,523 48,523 
Depreciation and amortization7,600 4,436 705 12,761 25,502 
Interest expense— — — 27,471 27,471 
Interest income— — — (1,229)(1,229)
Gain on foreign exchange
— — — (14)(14)
Merger and acquisition expenses— — — 462 462 
Other income, net
— — — (2,315)(2,315)
Total expenses and other income136,551 65,853 24,923 85,659 312,986 
Income (loss) before income taxes$113,132 $31,405 $52,301 $(85,621)$111,217 

(1)Represents the elimination of intersegment transactions related to the Company offering AFF’s LTO payment solution in its U.S. pawn stores.

As of March 31, 2025
U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Corporate/
Eliminations		Consolidated
Pawn loans$365,972 $133,738 $— $— $499,710 
Finance receivables, net— — 145,079 — 145,079 
Inventories246,237 88,463 — — 334,700 
Leased merchandise, net— — 103,809 (197)
(1)
103,612 
Goodwill1,153,513 175,421 486,205 — 1,815,139 
Total assets2,681,376 659,716 911,261 173,924 4,426,277 

(1)Represents the elimination of intersegment transactions related to the Company offering AFF’s LTO payment solution in its U.S. pawn stores.
Three Months Ended March 31, 2024
 U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Corporate/
Eliminations		Consolidated
Revenue:   
Retail merchandise sales$236,990 $130,849 $— $(1,018)
(1)
$366,821 
Pawn loan fees122,974 56,561 — — 179,535 
Leased merchandise income— — 205,671 — 205,671 
Interest and fees on finance receivables— — 57,387 — 57,387 
Wholesale scrap jewelry sales17,726 9,230 — — 26,956 
Total revenue377,690 196,640 263,058 (1,018)836,370 
Cost of revenue:    
Cost of retail merchandise sold139,914 84,183 — (568)
(1)
223,529 
Depreciation of leased merchandise— — 120,774 (490)
(1)
120,284 
Provision for lease losses— — 43,180 (170)
(1)
43,010 
Provision for loan losses— — 30,418 — 30,418 
Cost of wholesale scrap jewelry sold15,266 8,023 — — 23,289 
Total cost of revenue155,180 92,206 194,372 (1,228)440,530 
Net revenue
222,510 104,434 68,686 210 395,840 
Expenses and other income:    
Operating expenses118,895 67,425 34,816 — 221,136 
Administrative expenses— — — 44,018 44,018 
Depreciation and amortization7,013 5,105 721 13,188 26,027 
Interest expense— — — 25,418 25,418 
Interest income— — — (743)(743)
Gain on foreign exchange
— — — (186)(186)
Merger and acquisition expenses— — — 597 597 
Other income, net
— — — (2,312)(2,312)
Total expenses and other income125,908 72,530 35,537 79,980 313,955 
Income (loss) before income taxes
$96,602 $31,904 $33,149 $(79,770)$81,885 

(1)Represents the elimination of intersegment transactions related to the Company offering AFF’s LTO payment solution in its U.S. pawn stores.

As of March 31, 2024
U.S.
Pawn		Latin America
Pawn		Retail POS
Payment
Solutions		Corporate/
Eliminations		Consolidated
Pawn loans$315,792$140,287$—$—$456,079
Finance receivables, net——105,653—105,653
Inventories216,76285,623——302,385
Leased merchandise, net——158,090(305)
(1)
157,785
Goodwill1,043,583 200,565 486,205 — 1,730,353 
Total assets2,391,699 703,046 983,803 168,904 4,247,452 

(1)Represents the elimination of intersegment transactions related to the Company offering AFF’s LTO payment solution in its U.S. pawn stores.