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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Store        
Rentals and fees $ 562,403 $ 575,411 $ 1,127,117 $ 1,170,825
Merchandise sales 64,990 76,773 172,346 198,495
Installment sales 17,374 17,657 33,778 34,414
Other 2,271 2,519 4,855 5,171
Total store revenues 647,038 672,360 1,338,096 1,408,905
Franchise        
Merchandise sales 4,880 3,214 8,514 6,535
Royalty income and fees 3,812 2,061 7,163 4,181
Total revenues 655,730 677,635 1,353,773 1,419,621
Store        
Cost of rentals and fees 156,041 159,276 312,136 321,309
Cost of merchandise sold 65,562 77,055 161,915 186,179
Cost of installment sales 5,617 5,708 10,859 10,892
Total cost of store revenues 227,220 242,039 484,910 518,380
Franchise        
Franchise cost of merchandise sold 4,624 3,063 7,999 6,045
Total cost of revenues 231,844 245,102 492,909 524,425
Gross profit 423,886 432,533 860,864 895,196
Operating expenses        
Labor 164,172 179,447 345,246 371,554
Other store expenses 156,854 177,050 342,803 374,490
General and administrative expenses 41,792 47,097 86,662 86,869
Depreciation, amortization and impairment of intangibles 17,428 18,708 35,328 37,249
Other charges 16,489 11,104 33,944 24,755
Total operating expenses 396,735 433,406 843,983 894,917
Operating profit (loss) 27,151 (873) 16,881 279
Debt refinancing charges 0 1,936 0 1,936
Interest expense 10,806 11,263 22,166 22,893
Interest income (202) (159) (411) (315)
Earnings (loss) before income taxes 16,547 (13,913) (4,874) (24,235)
Income tax expense (benefit) 2,794 (5,020) 1,216 (8,663)
Net earnings (loss) $ 13,753 $ (8,893) $ (6,090) $ (15,572)
Basic earnings (loss) per common share $ 0.26 $ (0.17) $ (0.11) $ (0.29)
Diluted earnings (loss) per common share 0.25 (0.17) (0.11) (0.29)
Cash dividends declared per common share $ 0.00 $ 0.08 $ 0.00 $ 0.16