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v3.22.2.2

Segment Information (Tables) | 12 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Schedule of Operating Segment Information | The following tables present revenue for each reportable segment, disaggregated revenue within our three reportable segments and Corporate, segment profits and segment contribution.
| Fiscal Year Ended September 30, 2022
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 391,958 |  |  | $ | 140,928 |  |  | $ | — |  |  | $ | 532,886 |  |  | $ | — |  |  | $ | 532,886 |
Jewelry scrapping sales | 25,739 |  |  | 6,294 |  |  | — |  |  | 32,033 |  |  | — |  |  | 32,033 |
Pawn service charges | 240,982 |  |  | 79,883 |  |  | — |  |  | 320,865 |  |  | — |  |  | 320,865 |
Other revenues | 83 |  |  | 247 |  |  | 111 |  |  | 441 |  |  | — |  |  | 441 |
Total revenues | 658,762 |  |  | 227,352 |  |  | 111 |  |  | 886,225 |  |  | — |  |  | 886,225 |
Merchandise cost of goods sold | 230,241 |  |  | 99,141 |  |  | — |  |  | 329,382 |  |  | — |  |  | 329,382 |
Jewelry scrapping cost of goods sold | 22,755 |  |  | 5,941 |  |  | — |  |  | 28,696 |  |  | — |  |  | 28,696 |
Gross profit | 405,766 |  |  | 122,270 |  |  | 111 |  |  | 528,147 |  |  | — |  |  | 528,147 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 266,114 |  |  | 91,303 |  |  | — |  |  | 357,417 |  |  | — |  |  | 357,417 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 64,342 |  |  | 64,342 |
Depreciation and amortization | 10,552 |  |  | 7,913 |  |  | — |  |  | 18,465 |  |  | 13,675 |  |  | 32,140 |
(Gain) loss on sale or disposal of assets and other | 51 |  |  | (37) |  |  | — |  |  | 14 |  |  | (688) |  |  | (674) |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 9,972 |  |  | 9,972 |
Interest income | (2) |  |  | (815) |  |  | — |  |  | (817) |  |  | — |  |  | (817) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (1,779) |  |  | (1,779) |  |  | — |  |  | (1,779) |
Other (income) expense | — |  |  | (148) |  |  | 52 |  |  | (96) |  |  | (71) |  |  | (167) |
Segment contribution | $ | 129,051 |  |  | $ | 24,054 |  |  | $ | 1,838 |  |  | $ | 154,943 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 154,943 |  |  | $ | (87,230) |  |  | $ | 67,713 |
| Fiscal Year Ended September 30, 2021
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | 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 |
Gross profit | 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 | 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) before income taxes |  |  |  |  |  |  | $ | 107,209 |  |  | $ | (91,147) |  |  | $ | 16,062 |
| Fiscal Year Ended September 30, 2020
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | 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 |
Gross profit | 359,235 |  |  | 87,096 |  |  | 2,870 |  |  | 449,201 |  |  | — |  |  | 449,201 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 261,608 |  |  | 69,916 |  |  | 5,246 |  |  | 336,770 |  |  | — |  |  | 336,770 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 54,133 |  |  | 54,133 |
Impairment of goodwill and intangibles 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) before income taxes |  |  |  |  |  |  | $ | 36,088 |  |  | $ | (106,183) |  |  | $ | (70,095) |
Schedule of Reconciliation of Segment Assets to Consolidated | The following table presents separately identified segment assets:
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Corporate |  | Total
Assets as of September 30, 2022 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 163,484 |  |  | $ | 46,525 |  |  | $ | — |  |  | $ | — |  |  | $ | 210,009 |
Pawn service charges receivable, net | 29,441 |  |  | 4,035 |  |  | — |  |  | — |  |  | 33,476 |
Inventory, net | 114,951 |  |  | 36,664 |  |  | — |  |  | — |  |  | 151,615 |
Total assets | 872,959 |  |  | 258,702 |  |  | 41,334 |  |  | 174,883 |  |  | 1,347,878 |
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 |
Schedule of Revenues by Geographic Information | The following tables provide geographic information:
| Fiscal Year Ended September 30,
(in thousands) | 2022 |  | 2021 |  | 2020
Revenues: |  |  |  |  |
United States | $ | 658,762 |  |  | $ | 553,581 |  |  | $ | 638,844 |
Mexico | 173,122 |  |  | 128,773 |  |  | 131,965 |
Other Latin America | 54,230 |  |  | 46,777 |  |  | 48,146 |
Canada and other | 111 |  |  | 420 |  |  | 3,822 |
Total revenues | $ | 886,225 |  |  | $ | 729,551 |  |  | $ | 822,777 |
Schedule of Long-lived Assets by Geographic Information |
| September 30, |  |
(in thousands) | 2022 |  | 2021 |  |
Property and equipment, net: |  |  |  |  |
United States | $ | 32,594 |  |  | $ | 30,651 |  |  |
Mexico | 19,805 |  |  | $ | 19,255 |  |  |
Other Latin America | 4,326 |  |  | $ | 3,905 |  |  |
Property and equipment, net | $ | 56,725 |  |  | $ | 53,811 |  |  |

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