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v3.8.0.1

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2018 | Mar. 31, 2017
Store |  |
Rentals and fees | $ 564,714 | $ 595,414
Merchandise sales | 107,356 | 121,722
Installment sales | 16,404 | 16,757
Other | 2,584 | 2,652
Total store revenues | 691,058 | 736,545
Franchise |  |
Merchandise sales | 3,634 | 3,321
Royalty income and fees | 3,351 | 2,120
Total revenues | 698,043 | 741,986
Store |  |
Cost of rentals and fees | 156,095 | 162,033
Cost of merchandise sold | 96,353 | 109,124
Cost of installment sales | 5,242 | 5,184
Total cost of store revenues | 257,690 | 276,341
Franchise |  |
Franchise cost of merchandise sold | 3,375 | 2,982
Total cost of revenues | 261,065 | 279,323
Gross profit | 436,978 | 462,663
Operating expenses |  |
Labor | 181,074 | 192,107
Other store expenses | 185,949 | 197,440
General and administrative expenses | 44,870 | 39,772
Depreciation, amortization and impairment of intangibles | 17,900 | 18,541
Other charges | 17,455 | 13,651
Total operating expenses | 447,248 | 461,511
Operating (loss) profit | (10,270) | 1,152
Interest expense | 11,360 | 11,630
Interest income | (209) | (156)
Loss before income taxes | (21,421) | (10,322)
Income tax benefit | (1,578) | (3,643)
Net loss | $ (19,843) | $ (6,679)
Basic loss per common share | $ (0.37) | $ (0.13)
Diluted loss per common share | (0.37) | (0.13)
Cash dividends declared per common share | $ 0.00 | $ 0.08

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