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Segment Information | 12 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
Segment Information | NOTE 18: SEGMENT INFORMATION During the fourth quarter of fiscal 2015, our chief operating decision maker requested changes in the information that he regularly reviews for purposes of allocating resources and assessing performance. As a result, beginning in the fourth quarter of fiscal 2015, we reported our financial performance based on our new segments described below. In our previous Annual Report on Form 10-K for fiscal 2015, we recast certain prior period amounts to conform to the way we internally manage and monitor segment performance under the new segments. 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. Pawn — All pawn activities in the United States
• | Mexico Pawn — All pawn activities in Mexico and other parts of Latin America
• | Other International — Our equity interest in the net income of Cash Converters International, consumer finance activities in Canada and other international IT investment activities
There are no inter-segment revenues, and the amounts below were determined in accordance with the same accounting principles used in our consolidated financial statements. The following tables present operating segment information for the three years ending September 30, 2016, 2015 and 2014, including reclassifications discussed in Note 2 and adjustments to reflect reclassification of all discontinued operations including Grupo Finmart discussed in Note 3.
| Fiscal Year Ended September 30, 2016
| U.S. Pawn |  | Mexico Pawn |  | Other International |  | Total Segments |  | Corporate Items |  | Consolidated
| (in thousands)
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 348,771 |  |  | $ | 60,331 |  |  | $ | 5 |  |  | $ | 409,107 |  |  | $ | — |  |  | $ | 409,107 |
Jewelry scrapping sales | 47,810 |  |  | 2,282 |  |  | 21 |  |  | 50,113 |  |  | — |  |  | 50,113 |
Pawn service charges | 229,893 |  |  | 31,907 |  |  | — |  |  | 261,800 |  |  | — |  |  | 261,800 |
Other revenues | 331 |  |  | 385 |  |  | 8,769 |  |  | 9,485 |  |  | — |  |  | 9,485 |
Total revenues | 626,805 |  |  | 94,905 |  |  | 8,795 |  |  | 730,505 |  |  | — |  |  | 730,505 |
Merchandise cost of goods sold | 217,268 |  |  | 41,002 |  |  | 1 |  |  | 258,271 |  |  | — |  |  | 258,271 |
Jewelry scrapping cost of goods sold | 40,138 |  |  | 1,885 |  |  | 16 |  |  | 42,039 |  |  | — |  |  | 42,039 |
Other cost of revenues | — |  |  | — |  |  | 1,965 |  |  | 1,965 |  |  | — |  |  | 1,965 |
Net revenues | 369,399 |  |  | 52,018 |  |  | 6,813 |  |  | 428,230 |  |  | — |  |  | 428,230 |
Operating expenses (income): |  |  |  |  |  |  |  |  |  |  |
Operations | 255,321 |  |  | 38,481 |  |  | 7,585 |  |  | 301,387 |  |  | — |  |  | 301,387 |
Administrative | — |  |  | — |  |  | — |  |  | — |  |  | 68,101 |  |  | 68,101 |
Depreciation and amortization | 12,242 |  |  | 2,965 |  |  | 218 |  |  | 15,425 |  |  | 11,117 |  |  | 26,542 |
Loss on sale or disposal of assets | 664 |  |  | 169 |  |  | 4 |  |  | 837 |  |  | 269 |  |  | 1,106 |
Restructuring | 993 |  |  | 543 |  |  | 202 |  |  | 1,738 |  |  | 183 |  |  | 1,921 |
Interest expense | 125 |  |  | 109 |  |  | — |  |  | 234 |  |  | 16,243 |  |  | 16,477 |
Interest income | (2 | ) |  | (30 | ) |  | — |  |  | (32 | ) |  | (49 | ) |  | (81 | )
Loss from investment in unconsolidated affiliate | — |  |  | — |  |  | 255 |  |  | 255 |  |  | — |  |  | 255 |
Impairment of investment | — |  |  | — |  |  | 10,957 |  |  | 10,957 |  |  | — |  |  | 10,957 |
Other expense (income) | — |  |  | 1,273 |  |  | 2 |  |  | 1,275 |  |  | (73 | ) |  | 1,202 |
Segment contribution (loss) | $ | 100,056 |  |  | $ | 8,508 |  |  | $ | (12,410 | ) |  | $ | 96,154 |  |  |  |  |  |  |
Income from continuing operations before income taxes |  |  |  |  |  |  | $ | 96,154 |  |  | $ | (95,791 | ) |  | $ | 363 |
| Fiscal Year Ended September 30, 2015
| U.S. Pawn |  | Mexico Pawn |  | Other International |  | Total Segments |  | Corporate Items |  | Consolidated
| (in thousands)
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 334,635 |  |  | $ | 65,408 |  |  | $ | 2,075 |  |  | $ | 402,118 |  |  | $ | — |  |  | $ | 402,118 |
Jewelry scrapping sales | 54,343 |  |  | 3,267 |  |  | 363 |  |  | 57,973 |  |  | — |  |  | 57,973 |
Pawn service charges | 216,211 |  |  | 30,993 |  |  | — |  |  | 247,204 |  |  | — |  |  | 247,204 |
Other revenues | 945 |  |  | 1,021 |  |  | 10,739 |  |  | 12,705 |  |  | — |  |  | 12,705 |
Total revenues | 606,134 |  |  | 100,689 |  |  | 13,177 |  |  | 720,000 |  |  | — |  |  | 720,000 |
Merchandise cost of goods sold | 218,953 |  |  | 47,371 |  |  | 1,465 |  |  | 267,789 |  |  | — |  |  | 267,789 |
Jewelry scrapping cost of goods sold | 42,845 |  |  | 2,954 |  |  | 267 |  |  | 46,066 |  |  | — |  |  | 46,066 |
Other cost of revenues | — |  |  | — |  |  | 3,125 |  |  | 3,125 |  |  | — |  |  | 3,125 |
Net revenues | 344,336 |  |  | 50,364 |  |  | 8,320 |  |  | 403,020 |  |  | — |  |  | 403,020 |
Operating expenses (income): |  |  |  |  |  |  |  |  |  |  |
Operations | 244,232 |  |  | 43,927 |  |  | 6,780 |  |  | 294,939 |  |  | — |  |  | 294,939 |
Administrative | — |  |  | — |  |  | — |  |  | — |  |  | 72,986 |  |  | 72,986 |
Depreciation and amortization | 15,227 |  |  | 4,440 |  |  | 616 |  |  | 20,283 |  |  | 10,676 |  |  | 30,959 |
Loss (gain) on sale or disposal of assets | 995 |  |  | 258 |  |  | (1 | ) |  | 1,252 |  |  | 1,407 |  |  | 2,659 |
Restructuring | 4,016 |  |  | 799 |  |  | 2,563 |  |  | 7,378 |  |  | 9,702 |  |  | 17,080 |
Interest expense | 60 |  |  | 15 |  |  | — |  |  | 75 |  |  | 16,310 |  |  | 16,385 |
Interest income | (42 | ) |  | (78 | ) |  | — |  |  | (120 | ) |  | (158 | ) |  | (278 | )
Loss from investment in unconsolidated affiliate | — |  |  | — |  |  | 5,473 |  |  | 5,473 |  |  | — |  |  | 5,473 |
Impairment of investments | — |  |  | — |  |  | 26,837 |  |  | 26,837 |  |  | — |  |  | 26,837 |
Other expense | — |  |  | 1,988 |  |  | 7 |  |  | 1,995 |  |  | 192 |  |  | 2,187 |
Segment contribution (loss) | $ | 79,848 |  |  | $ | (985 | ) |  | $ | (33,955 | ) |  | $ | 44,908 |  |  |  |  |  |  |
Loss from continuing operations before income taxes |  |  |  |  |  |  | $ | 44,908 |  |  | $ | (111,115 | ) |  | $ | (66,207 | )
| Fiscal Year Ended September 30, 2014
| U.S. Pawn |  | Mexico Pawn |  | Other International |  | Total Segments |  | Corporate Items |  | Consolidated
| (in thousands)
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 325,337 |  |  | $ | 60,302 |  |  | $ | 2,383 |  |  | $ | 388,022 |  |  | $ | — |  |  | $ | 388,022 |
Jewelry scrapping sales | 89,471 |  |  | 6,302 |  |  | 468 |  |  | 96,241 |  |  | — |  |  | 96,241 |
Pawn service charges | 217,891 |  |  | 30,487 |  |  | — |  |  | 248,378 |  |  | — |  |  | 248,378 |
Other revenues | 1,377 |  |  | 1,016 |  |  | 10,736 |  |  | 13,129 |  |  | — |  |  | 13,129 |
Total revenues | 634,076 |  |  | 98,107 |  |  | 13,587 |  |  | 745,770 |  |  | — |  |  | 745,770 |
Merchandise cost of goods sold | 205,144 |  |  | 42,044 |  |  | 1,449 |  |  | 248,637 |  |  | — |  |  | 248,637 |
Jewelry scrapping cost of goods sold | 66,713 |  |  | 5,807 |  |  | 310 |  |  | 72,830 |  |  | — |  |  | 72,830 |
Other cost of revenues | 5 |  |  | — |  |  | 2,441 |  |  | 2,446 |  |  | — |  |  | 2,446 |
Net revenues | 362,214 |  |  | 50,256 |  |  | 9,387 |  |  | 421,857 |  |  | — |  |  | 421,857 |
Operating expenses (income): |  |  |  |  |  |  |  |  |  |  |
Operations | 236,225 |  |  | 48,907 |  |  | 8,605 |  |  | 293,737 |  |  | — |  |  | 293,737 |
Administrative | — |  |  | — |  |  | — |  |  | — |  |  | 79,944 |  |  | 79,944 |
Depreciation and amortization | 13,333 |  |  | 5,374 |  |  | 817 |  |  | 19,524 |  |  | 9,735 |  |  | 29,259 |
(Gain) loss on sale or disposal of assets | (6,809 | ) |  | 27 |  |  | (23 | ) |  | (6,805 | ) |  | 964 |  |  | (5,841 | )
Restructuring | — |  |  | — |  |  | — |  |  | — |  |  | 6,664 |  |  | 6,664 |
Interest expense | 3 |  |  | 25 |  |  | — |  |  | 28 |  |  | 7,883 |  |  | 7,911 |
Interest income | (18 | ) |  | (3 | ) |  | — |  |  | (21 | ) |  | (278 | ) |  | (299 | )
Income from investment in unconsolidated affiliates | — |  |  | — |  |  | (5,948 | ) |  | (5,948 | ) |  | — |  |  | (5,948 | )
Impairment of investments | — |  |  | — |  |  | 7,940 |  |  | 7,940 |  |  | — |  |  | 7,940 |
Other expense | 1 |  |  | 116 |  |  | 109 |  |  | 226 |  |  | 375 |  |  | 601 |
Segment contribution (loss) | $ | 119,479 |  |  | $ | (4,190 | ) |  | $ | (2,113 | ) |  | $ | 113,176 |  |  |  |  |
Income from continuing operations before income taxes |  |  |  |  |  |  | $ | 113,176 |  |  | $ | (105,287 | ) |  | $ | 7,889 |
The following table presents separately identified segment assets:
| U.S. Pawn |  | Mexico Pawn |  | Other International |  | Total
| (in thousands)
Assets as of September 30, 2016 |  |  |  |  |  |  |
Cash and cash equivalents | $ | 2,547 |  |  | $ | 3,724 |  |  | $ | 1,530 |  |  | $ | 7,801 |
Pawn loans | 149,791 |  |  | 17,538 |  |  | — |  |  | 167,329 |
Pawn service charges receivable, net | 28,368 |  |  | 2,694 |  |  | — |  |  | 31,062 |
Inventory, net | 121,183 |  |  | 19,038 |  |  | 3 |  |  | 140,224 |
Prepaid expenses and other current assets* | — |  |  | — |  |  | 2,241 |  |  | 2,241 |
Investment in unconsolidated affiliate | — |  |  | — |  |  | 37,128 |  |  | 37,128 |
Property and equipment, net | 33,326 |  |  | 8,995 |  |  | 622 |  |  | 42,943 |
Goodwill | 247,538 |  |  | 6,438 |  |  | — |  |  | 253,976 |
Intangible assets, net | 14,089 |  |  | 245 |  |  | 251 |  |  | 14,585 |
Total separately identified segment assets | $ | 596,842 |  |  | $ | 58,672 |  |  | $ | 41,775 |  |  | $ | 697,289 |
* | Amount is comprised of consumer loans and accrued fees and interest.
| U.S. Pawn |  | Mexico Pawn |  | Other International |  | Total
| (in thousands)
Assets as of September 30, 2015 |  |  |  |  |  |  |
Cash and cash equivalents | $ | 4,812 |  |  | $ | 3,662 |  |  | $ | 812 |  |  | $ | 9,286 |
Pawn loans | 143,500 |  |  | 16,464 |  |  | — |  |  | 159,964 |
Pawn service charges receivable, net | 28,338 |  |  | 2,544 |  |  | — |  |  | 30,882 |
Inventory, net | 107,568 |  |  | 16,502 |  |  | 14 |  |  | 124,084 |
Prepaid expenses and other current assets* | — |  |  | — |  |  | 2,601 |  |  | 2,601 |
Investment in unconsolidated affiliate | — |  |  | — |  |  | 56,182 |  |  | 56,182 |
Property and equipment, net | 42,717 |  |  | 12,985 |  |  | 815 |  |  | 56,517 |
Goodwill | 244,330 |  |  | 7,316 |  |  | — |  |  | 251,646 |
Intangible assets, net | 14,208 |  |  | 338 |  |  | 8 |  |  | 14,554 |
Total separately identified segment assets | $ | 585,473 |  |  | $ | 59,811 |  |  | $ | 60,432 |  |  | $ | 705,716 |
* | Amount is comprised of consumer loans and accrued fees and interest.
The following table reconciles separately identified recorded segment assets, as shown above, to our consolidated total assets:
| September 30,
| 2016 |  | 2015
| (in thousands)
Total separately identified recorded segment assets | $ | 697,289 |  |  | $ | 705,716 |
Corporate assets* | 285,955 |  |  | 483,274 |
Total assets | $ | 983,244 |  |  | $ | 1,188,990 |
* Amounts include assets included within discontinued operations. See Note 3 for further discussion. The following tables provide geographic information required by FASB ASC 280-10-50-41:
| Fiscal Year Ended September 30,
| 2016 |  | 2015 |  | 2014
| (in thousands)
Revenues: |  |  |  |  |
United States | $ | 626,805 |  |  | $ | 606,134 |  |  | $ | 634,076 |
Mexico | 94,905 |  |  | 100,689 |  |  | 98,128 |
Canada | 8,795 |  |  | 13,177 |  |  | 13,566 |
Total revenues | $ | 730,505 |  |  | $ | 720,000 |  |  | $ | 745,770 |
| September 30,
| 2016 |  | 2015
| (in thousands)
Long-lived assets: |  |  |
United States | $ | 326,591 |  |  | $ | 334,541 |
Mexico | 15,893 |  |  | 20,995 |
Canada and Other | 628 |  |  | 826 |
Total long-lived assets | $ | 343,112 |  |  | $ | 356,362 |
See Note 3 for presentation of assets held by Grupo Finmart in Mexico as of September 30, 2015 and revenue earned for the years ended September 30, 2016, 2015 and 2014.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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