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Segment Information (Tables) | 12 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Schedule of operating segment information |
| Fiscal Year Ended September 30, 2021
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other International |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 341,495 |  |  | $ | 101,303 |  |  | $ | — |  |  | $ | 442,798 |  |  | $ | — |  |  | $ | 442,798 |
Jewelry scrapping sales | 15,260 |  |  | 10,765 |  |  | — |  |  | 26,025 |  |  | — |  |  | 26,025 |
Pawn service charges | 196,721 |  |  | 63,475 |  |  | — |  |  | 260,196 |  |  | — |  |  | 260,196 |
Other revenues | 105 |  |  | 7 |  |  | 420 |  |  | 532 |  |  | — |  |  | 532 |
Total revenues | 553,581 |  |  | 175,550 |  |  | 420 |  |  | 729,551 |  |  | — |  |  | 729,551 |
Merchandise cost of goods sold | 191,039 |  |  | 66,179 |  |  | — |  |  | 257,218 |  |  | — |  |  | 257,218 |
Jewelry scrapping cost of goods sold | 13,001 |  |  | 9,847 |  |  | — |  |  | 22,848 |  |  | — |  |  | 22,848 |
Net revenues | 349,541 |  |  | 99,524 |  |  | 420 |  |  | 449,485 |  |  | — |  |  | 449,485 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 253,344 |  |  | 77,493 |  |  | — |  |  | 330,837 |  |  | — |  |  | 330,837 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 56,495 |  |  | 56,495 |
Depreciation and amortization | 10,650 |  |  | 7,371 |  |  | — |  |  | 18,021 |  |  | 12,651 |  |  | 30,672 |
Gain (loss) on sale or disposal of assets and other | 27 |  |  | (6) |  |  | — |  |  | 21 |  |  | 62 |  |  | 83 |
Other Charges | — |  |  | 229 |  |  | — |  |  | 229 |  |  | — |  |  | 229 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 22,177 |  |  | 22,177 |
Interest income | — |  |  | (2,016) |  |  | — |  |  | (2,016) |  |  | (461) |  |  | (2,477) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (3,803) |  |  | (3,803) |  |  | — |  |  | (3,803) |
Other (income) expense | — |  |  | (840) |  |  | (173) |  |  | (1,013) |  |  | 223 |  |  | (790) |
Segment contribution | $ | 85,520 |  |  | $ | 17,293 |  |  | $ | 4,396 |  |  | $ | 107,209 |  |  |  |  |
Income (loss) from continuing operations before income taxes |  |  |  |  |  |  | $ | 107,209 |  |  | $ | (91,147) |  |  | $ | 16,062 |
| Fiscal Year Ended September 30, 2020
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other International |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 391,921 |  |  | $ | 106,292 |  |  | $ | — |  |  | $ | 498,213 |  |  | $ | — |  |  | $ | 498,213 |
Jewelry scrapping sales | 36,691 |  |  | 11,262 |  |  | — |  |  | 47,953 |  |  | — |  |  | 47,953 |
Pawn service charges | 210,081 |  |  | 62,557 |  |  | — |  |  | 272,638 |  |  | — |  |  | 272,638 |
Other revenues | 150 |  |  | — |  |  | 3,823 |  |  | 3,973 |  |  | — |  |  | 3,973 |
Total revenues | 638,843 |  |  | 180,111 |  |  | 3,823 |  |  | 822,777 |  |  | — |  |  | 822,777 |
Merchandise cost of goods sold | 251,544 |  |  | 82,937 |  |  | — |  |  | 334,481 |  |  | — |  |  | 334,481 |
Jewelry scrapping cost of goods sold | 28,064 |  |  | 9,977 |  |  | — |  |  | 38,041 |  |  | — |  |  | 38,041 |
Other cost of revenues | — |  |  | 101 |  |  | 953 |  |  | 1,054 |  |  | — |  |  | 1,054 |
Net revenues | 359,235 |  |  | 87,096 |  |  | 2,870 |  |  | 449,201 |  |  | — |  |  | 449,201 |
Operating expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 261,608 |  |  | 69,916 |  |  | 5,246 |  |  | 336,770 |  |  | — |  |  | 336,770 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 54,133 |  |  | 54,133 |
Impairment of goodwill, intangible and other assets | 10,000 |  |  | 35,938 |  |  | 1,149 |  |  | 47,087 |  |  | 7,579 |  |  | 54,666 |
Depreciation and amortization | 11,030 |  |  | 7,315 |  |  | 68 |  |  | 18,413 |  |  | 12,414 |  |  | 30,827 |
Gain (loss) on sale or disposal of assets | 385 |  |  | (72) |  |  | (20) |  |  | 293 |  |  | 508 |  |  | 801 |
Other Charges | 3,106 |  |  | 1,715 |  |  | 3,802 |  |  | 8,623 |  |  | 11,765 |  |  | 20,388 |
Interest expense | — |  |  | 685 |  |  | 549 |  |  | 1,234 |  |  | 21,238 |  |  | 22,472 |
Interest income | — |  |  | (1,586) |  |  | — |  |  | (1,586) |  |  | (1,587) |  |  | (3,173) |
Equity in net loss of unconsolidated affiliates | — |  |  | — |  |  | 2,429 |  |  | 2,429 |  |  | — |  |  | 2,429 |
Other (income) expense | — |  |  | (156) |  |  | 6 |  |  | (150) |  |  | 133 |  |  | (17) |
Segment contribution (loss) | $ | 73,106 |  |  | $ | (26,659) |  |  | $ | (10,359) |  |  | $ | 36,088 |  |  |  |  |
Income (loss) from continuing operations before income taxes |  |  |  |  |  |  | $ | 36,088 |  |  | $ | (106,183) |  |  | $ | (70,095) |
| Fiscal Year Ended September 30, 2019
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other International |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 355,996 |  |  | $ | 97,379 |  |  | $ | — |  |  | $ | 453,375 |  |  | $ | — |  |  | $ | 453,375 |
Jewelry scrapping sales | 45,815 |  |  | 14,630 |  |  | — |  |  | 60,445 |  |  | — |  |  | 60,445 |
Pawn service charges | 248,369 |  |  | 78,997 |  |  | — |  |  | 327,366 |  |  | — |  |  | 327,366 |
Other revenues | 233 |  |  | 179 |  |  | 5,631 |  |  | 6,043 |  |  | — |  |  | 6,043 |
Total revenues | 650,413 |  |  | 191,185 |  |  | 5,631 |  |  | 847,229 |  |  | — |  |  | 847,229 |
Merchandise cost of goods sold | 225,136 |  |  | 72,372 |  |  | — |  |  | 297,508 |  |  | — |  |  | 297,508 |
Jewelry scrapping cost of goods sold | 39,318 |  |  | 13,617 |  |  | — |  |  | 52,935 |  |  | — |  |  | 52,935 |
Other cost of revenues | — |  |  | — |  |  | 2,338 |  |  | 2,338 |  |  | — |  |  | 2,338 |
Net revenues | 385,959 |  |  | 105,196 |  |  | 3,293 |  |  | 494,448 |  |  | — |  |  | 494,448 |
Operating expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 269,003 |  |  | 74,199 |  |  | 7,376 |  |  | 350,578 |  |  | — |  |  | 350,578 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 63,665 |  |  | 63,665 |
Depreciation and amortization | 11,879 |  |  | 6,267 |  |  | 219 |  |  | 18,365 |  |  | 10,432 |  |  | 28,797 |
Loss on sale or disposal of assets | 3,402 |  |  | 691 |  |  | 282 |  |  | 4,375 |  |  | 24 |  |  | 4,399 |
Interest expense | — |  |  | 1,609 |  |  | 491 |  |  | 2,100 |  |  | 30,537 |  |  | 32,637 |
Interest income | — |  |  | (1,601) |  |  | — |  |  | (1,601) |  |  | (9,485) |  |  | (11,086) |
Equity in net loss of unconsolidated affiliates | — |  |  | — |  |  | 135 |  |  | 135 |  |  | — |  |  | 135 |
Impairment of investment in unconsolidated affiliates | — |  |  | — |  |  | 19,725 |  |  | 19,725 |  |  | — |  |  | 19,725 |
Other (income) expense | — |  |  | (93) |  |  | 1,895 |  |  | 1,802 |  |  | (378) |  |  | 1,424 |
Segment contribution (loss) | $ | 101,675 |  |  | $ | 24,124 |  |  | $ | (26,830) |  |  | $ | 98,969 |  |  |  |  |
Income (loss) from continuing operations before income taxes |  |  |  |  |  |  | $ | 98,969 |  |  | $ | (94,795) |  |  | $ | 4,174 |
Reconciliation of segment assets to consolidated | The following table presents separately identified segment assets:
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other International |  | Corporate |  | Total
Assets as of September 30, 2021 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 135,931 |  |  | $ | 39,970 |  |  | $ | — |  |  | $ | — |  |  | $ | 175,901 |
Pawn service charges receivable, net | 24,365 |  |  | 4,972 |  |  | — |  |  | — |  |  | 29,337 |
Inventory, net | 82,386 |  |  | 28,603 |  |  | — |  |  | — |  |  | 110,989 |
Total assets | 779,271 |  |  | 233,347 |  |  | 38,993 |  |  | 215,300 |  |  | 1,266,911 |
Assets as of September 30, 2020 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 106,340 |  |  | $ | 24,983 |  |  | $ | — |  |  | $ | — |  |  | 131,323 |
Pawn service charges receivable, net | 17,931 |  |  | 2,649 |  |  | — |  |  | — |  |  | 20,580 |
Inventory, net | 75,807 |  |  | 20,084 |  |  | — |  |  | — |  |  | 95,891 |
Total assets | 690,157 |  |  | 191,827 |  |  | 34,118 |  |  | 280,921 |  |  | 1,197,023 |
Schedule of revenues by geographic information | The following tables provide geographic information:
| Fiscal Year Ended September 30,
(in thousands) | 2021 |  | 2020 |  | 2019
Revenues: |  |  |  |  |
United States | $ | 553,581 |  |  | $ | 638,844 |  |  | $ | 650,413 |
Mexico | 128,773 |  |  | 131,965 |  |  | 138,897 |
Other Latin America | 46,777 |  |  | 48,146 |  |  | 52,288 |
Canada and other | 420 |  |  | 3,822 |  |  | 5,631 |
Total revenues | $ | 729,551 |  |  | $ | 822,777 |  |  | $ | 847,229 |
Schedule of long-lived assets by geographic information |
| September 30, |  |
(in thousands) | 2021 |  | 2020 |  |
Long-lived tangible assets: |  |  |  |  |
United States | $ | 30,651 |  |  | $ | 36,361 |  |  |
Mexico | 19,255 |  |  | $ | 15,141 |  |  |
Other Latin America | 3,905 |  |  | $ | 5,484 |  |  |
Total long-lived tangible assets | $ | 53,811 |  |  | $ | 56,986 |  |  |

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