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Segment Information
 9 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Operating Segment Information
NOTE 12: SEGMENT INFORMATION
Segment information is prepared on the same basis that our chief operating decision maker reviews financial information for operational decision-making purposes.
We currently report our segments as follows:
•
U.S. & Canada — All business activities in the United States and Canada
•
Latin America — All business activities in Mexico and other parts of Latin America
•
Other International — Our equity interest in the net income of Cash Converters International
There are no inter-segment revenues, and the amounts below were determined in accordance with the same accounting principles used in our condensed consolidated financial statements. The following tables present operating segment information for the three and nine-month periods ended June 30, 2015 and 2014, including reclassifications discussed in Note 1 and adjustments to reflect reclassification of all discontinued operations discussed in Note 2.
 
Three Months Ended June 30, 2015
  
U.S. &
Canada
 
Latin
America
 
Other
International
 
Total Segments
 
Corporate Items
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
Merchandise sales
$
77,690

 
$
15,447

 
$
—

 
$
93,137

 
$
—

 
$
93,137

Jewelry scrapping sales
9,702

 
886

 
—

 
10,588

 
—

 
10,588

Pawn service charges
49,609

 
7,990

 
—

 
57,599

 
—

 
57,599

Consumer loan fees and interest
33,815

 
16,981

 
—

 
50,796

 
—

 
50,796

Other revenues
554

 
316

 
—

 
870

 
—

 
870

Total revenues
171,370

 
41,620

 
—

 
212,990

 
—

 
212,990

Merchandise cost of goods sold
50,432

 
11,028

 
—

 
61,460

 
—

 
61,460

Jewelry scrapping cost of goods sold
7,713

 
867

 
—

 
8,580

 
—

 
8,580

Consumer loan bad debt
10,821

 
2,843

 
—

 
13,664

 
—

 
13,664

Net revenues
102,404


26,882

 
—

 
129,286

 
—

 
129,286

Segment and corporate expenses (income):
 
 
 
 
 
 
 
 
 
 
 
Operations
83,905

 
19,125

 
—

 
103,030

 
—

 
103,030

Administrative
—

 
—

 
—

 
—

 
12,602

 
12,602

Depreciation
4,542

 
1,249

 
—

 
5,791

 
1,760

 
7,551

Amortization
56

 
365

 
—

 
421

 
959

 
1,380

(Gain) loss on sale or disposal of assets
(29
)
 
7

 
—

 
(22
)
 
16

 
(6
)
Interest expense
3

 
5,882

 
—

 
5,885

 
3,774

 
9,659

Interest income
(11
)
 
(288
)
 
—

 
(299
)
 
(48
)
 
(347
)
Equity in net income of unconsolidated affiliate
—

 
—

 
(1,822
)
 
(1,822
)
 
—

 
(1,822
)
Impairment of goodwill
10,550

 
—

 
—

 
10,550

 
—

 
10,550

Restructuring
—

 
—

 
—

 
—

 
37

 
37

Other expense (income)
2

 
1,323

 
—

 
1,325

 
(575
)
 
750

Segment contribution (loss)
$
3,386

 
$
(781
)
 
$
1,822

 
$
4,427

 


 


(Loss) income from continuing operations before income taxes
 
 
 
 
 
 
$
4,427

 
$
(18,525
)
 
$
(14,098
)
 
Three Months Ended June 30, 2014
  
U.S. &
Canada
 
Latin
America
 
Other
International
 
Total Segments
 
Corporate Items
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
Merchandise sales
74,674

 
$
14,496

 
$
—

 
$
89,170

 
$
—

 
$
89,170

Jewelry scrapping sales
18,909

 
1,364

 
—

 
20,273

 
—

 
20,273

Pawn service charges
51,894

 
8,023

 
—

 
59,917

 
—

 
59,917

Consumer loan fees and interest
37,335

 
15,399

 
—

 
52,734

 
—

 
52,734

Other revenues
605

 
435

 
—

 
1,040

 
—

 
1,040

Total revenues
183,417

 
39,717

 
—

 
223,134

 
—

 
223,134

Merchandise cost of goods sold
46,190

 
9,824

 
—

 
56,014

 
—

 
56,014

Jewelry scrapping cost of goods sold
13,894

 
1,237

 
—

 
15,131

 
—

 
15,131

Consumer loan bad debt
10,408

 
5,993

 
—

 
16,401

 
—

 
16,401

Net revenues
112,925

—

22,663

 
—

 
135,588

 
—

 
135,588

Segment and corporate expenses (income):
 
 
 
 
 
 
 
 
 
 
 
Operations
81,605

 
21,593

 
—

 
103,198

 
—

 
103,198

Administrative
—

 
—

 
—

 
—

 
14,205

 
14,205

Depreciation
4,294

 
1,502

 
—

 
5,796

 
1,664

 
7,460

Amortization
84

 
329

 
—

 
413

 
893

 
1,306

Loss (gain) on sale or disposal of assets
129

 
11

 
—

 
140

 
(6
)
 
134

Interest expense
1

 
5,549

 
—

 
5,550

 
1,889

 
7,439

Interest income
—

 
(329
)
 
—

 
(329
)
 
(48
)
 
(377
)
Equity in net income of unconsolidated affiliate
—

 
—

 
(2,117
)
 
(2,117
)
 
—

 
(2,117
)
Other expense (income)
(7
)
 
468

 
—

 
461

 
(196
)
 
265

Segment contribution (loss)
$
26,819

 
$
(6,460
)
 
$
2,117

 
$
22,476

 


 


Income (loss) from continuing operations before income taxes
 
 
 
 
 
 
$
22,476

 
$
(18,401
)
 
$
4,075


 
Nine Months Ended June 30, 2015
  
U.S. &
Canada
 
Latin
America
 
Other
International
 
Total Segments
 
Corporate Items
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
Merchandise sales
$
260,718

 
$
49,910

 
$
—

 
$
310,628

 
$
—

 
$
310,628

Jewelry scrapping sales
44,311

 
3,210

 
—

 
47,521

 
—

 
47,521

Pawn service charges
158,961

 
23,035

 
—

 
181,996

 
—

 
181,996

Consumer loan fees and interest
114,339

 
49,745

 
—

 
164,084

 
—

 
164,084

Other revenues
2,051

 
885

 
—

 
2,936

 
—

 
2,936

Total revenues
580,380


126,785

 
—

 
707,165

 
—

 
707,165

Merchandise cost of goods sold
171,239

 
35,191

 
—

 
206,430

 
—

 
206,430

Jewelry scrapping cost of goods sold
34,661

 
2,948

 
—

 
37,609

 
—

 
37,609

Consumer loan bad debt
33,114

 
14,706

 
—

 
47,820

 
—

 
47,820

Net revenues
341,366


73,940

 
—

 
415,306

 
—

 
415,306

Segment and corporate expenses (income):
 
 
 
 
 
 


 
 
 


Operations
251,333

 
55,681

 
—

 
307,014

 
—

 
307,014

Administrative
—

 
—

 
—

 
—

 
31,803

 
31,803

Depreciation
13,480

 
3,988

 
—

 
17,468

 
5,355

 
22,823

Amortization
185

 
1,163

 
—

 
1,348

 
2,857

 
4,205

Loss on sale or disposal of assets
230

 
264

 
—

 
494

 
385

 
879

Interest expense
16

 
20,541

 
—

 
20,557

 
12,432

 
32,989

Interest income
(45
)
 
(1,216
)
 
—

 
(1,261
)
 
(132
)
 
(1,393
)
Equity in net income of unconsolidated affiliate
—

 
—

 
(338
)
 
(338
)
 
—

 
(338
)
Impairment of goodwill
10,550

 
—

 
—

 
10,550

 
—

 
10,550

Restructuring
—

 
—

 
—

 
—

 
763

 
763

Other expense (income)
12

 
3,489

 
—

 
3,501

 
(133
)
 
3,368

Segment contribution (loss)
$
65,605


$
(9,970
)
 
$
338

 
$
55,973

 
 
 
 
Income from continuing operations before income taxes
 
 
 
 
 
 
$
55,973

 
$
53,330

 
$
2,643

 
Nine Months Ended June 30, 2014
  
U.S. &
Canada
 
Latin
America
 
Other
International
 
Total Segments
 
Corporate Items
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
Merchandise sales
$
253,501

 
$
44,710

 
$
—

 
$
298,211

 
$
—

 
$
298,211

Jewelry scrapping sales
69,531

 
4,638

 
—

 
74,169

 
—

 
74,169

Pawn service charges
161,117

 
22,095

 
—

 
183,212

 
—

 
183,212

Consumer loan fees and interest
125,298

 
37,417

 
—

 
162,715

 
—

 
162,715

Other revenues
2,234

 
1,480

 
—

 
3,714

 
—

 
3,714

Total revenues
611,681

 
110,340

 
—

 
722,021

 
—

 
722,021

Merchandise cost of goods sold
155,046

 
29,332

 
—

 
184,378

 
—

 
184,378

Jewelry scrapping cost of goods sold
51,257

 
4,005

 
—

 
55,262

 
—

 
55,262

Consumer loan bad debt
32,372

 
13,093

 
—

 
45,465

 
—

 
45,465

Net revenues
373,006

 
63,910

 
—

 
436,916

 
—

 
436,916

Segment and corporate expenses (income):
 
 
 
 
 
 


 
 
 


Operations
251,549

 
58,117

 
—

 
309,666

 
—

 
309,666

Administrative
—

 
—

 
—

 
—

 
49,925

 
49,925

Depreciation
12,813

 
4,411

 
—

 
17,224

 
4,990

 
22,214

Amortization
287

 
1,553

 
—

 
1,840

 
2,224

 
4,064

(Gain) loss on sale or disposal of assets
(6,726
)
 
15

 
—

 
(6,711
)
 
642

 
(6,069
)
Interest expense
8

 
14,414

 
—

 
14,422

 
4,182

 
18,604

Interest income
(18
)
 
(596
)
 
—

 
(614
)
 
(115
)
 
(729
)
Equity in net income of unconsolidated affiliates
—

 
—

 
(3,880
)
 
(3,880
)
 
—

 
(3,880
)
Impairment of investments
—

 
—

 
7,940

 
7,940

 
—

 
7,940

Other expense (income)
(7
)
 
427

 
346

 
766

 
(227
)
 
539

Segment contribution (loss)
$
115,100

 
$
(14,431
)
 
$
(4,406
)
 
$
96,263

 
 
 
 
Income (loss) from continuing operations before income taxes
 
 
 
 
 
 
$
96,263

 
$
(61,621
)
 
$
34,642