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Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Store        
Rentals and fees $ 683,343 $ 675,342 $ 2,098,918 $ 2,048,278
Merchandise sales 80,932 58,477 300,498 226,148
Installment sales 17,786 17,822 54,200 53,653
Other 4,475 6,384 14,631 14,376
Total store revenues 786,536 758,025 2,468,247 2,342,455
Franchise        
Merchandise sales 2,456 4,477 10,022 13,645
Royalty income and fees 2,613 1,861 6,318 5,162
Total revenues 791,605 764,363 2,484,587 2,361,262
Store        
Cost of rentals and fees 178,094 174,041 548,618 523,857
Cost of merchandise sold 82,043 47,569 282,128 174,299
Cost of installment sales 5,854 5,867 18,125 18,028
Total cost of store revenues 265,991 227,477 848,871 716,184
Other charges and (credits) 34,698 (7,072) 34,698 (7,072)
Franchise        
Franchise cost of merchandise sold 2,304 4,200 9,284 12,818
Total cost of revenues 302,993 224,605 892,853 721,930
Gross profit 488,612 539,758 1,591,734 1,639,332
Operating expenses        
Labor 209,904 218,623 643,412 666,830
Other store expenses 201,638 208,424 631,415 629,350
General and administrative expenses 39,590 39,130 127,463 124,832
Depreciation, amortization and write-down of intangibles 19,979 19,918 60,140 60,432
Other charges 10,936 7,743 16,440 12,120
Total operating expenses 482,047 493,838 1,478,870 1,493,564
Operating profit 6,565 45,920 112,864 145,768
Finance charges from refinancing 0 0 0 4,213
Interest expense 12,490 11,981 37,211 35,178
Interest income (153) (200) (525) (681)
Earnings (loss) before income taxes (5,772) 34,139 76,178 107,058
Income tax expense (benefit) (1,680) 8,214 29,825 36,186
NET EARNINGS (LOSS) $ (4,092) $ 25,925 $ 46,353 $ 70,872
Basic earnings (loss) per common share $ (0.08) $ 0.49 $ 0.87 $ 1.34
Diluted earnings (loss) per common share (0.08) 0.49 0.87 1.34
Cash dividends declared per common share $ 0.24 $ 0.23 $ 0.72 $ 0.69