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Segment Information (Tables) | 6 Months Ended
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Mar. 31, 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.
| Three Months Ended March 31, 2022
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 100,064 |  |  | $ | 33,492 |  |  | $ | — |  |  | $ | 133,556 |  |  | $ | — |  |  | $ | 133,556 |
Jewelry scrapping sales | 3,480 |  |  | 2,210 |  |  | — |  |  | 5,690 |  |  | — |  |  | 5,690 |
Pawn service charges | 58,772 |  |  | 17,911 |  |  | — |  |  | 76,683 |  |  | — |  |  | 76,683 |
Other revenues | 24 |  |  | — |  |  | 29 |  |  | 53 |  |  | — |  |  | 53 |
Total revenues | 162,340 |  |  | 53,613 |  |  | 29 |  |  | 215,982 |  |  | — |  |  | 215,982 |
Merchandise cost of goods sold | 58,613 |  |  | 23,633 |  |  | — |  |  | 82,246 |  |  | — |  |  | 82,246 |
Jewelry scrapping cost of goods sold | 2,798 |  |  | 2,010 |  |  | — |  |  | 4,808 |  |  | — |  |  | 4,808 |
Net revenues | 100,929 |  |  | 27,970 |  |  | 29 |  |  | 128,928 |  |  | — |  |  | 128,928 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 64,492 |  |  | 21,251 |  |  | — |  |  | 85,743 |  |  | — |  |  | 85,743 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 12,227 |  |  | 12,227 |
Depreciation and amortization | 2,625 |  |  | 1,891 |  |  | — |  |  | 4,516 |  |  | 2,934 |  |  | 7,450 |
Gain on sale or disposal of assets and other | — |  |  | (9) |  |  | — |  |  | (9) |  |  | (688) |  |  | (697) |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 2,527 |  |  | 2,527 |
Interest income | — |  |  | (255) |  |  | — |  |  | (255) |  |  | — |  |  | (255) |
Equity in net loss of unconsolidated affiliates | — |  |  | — |  |  | 1,439 |  |  | 1,439 |  |  | — |  |  | 1,439 |
Other expense | — |  |  | 334 |  |  | 8 |  |  | 342 |  |  | 29 |  |  | 371 |
Segment contribution (loss) | $ | 33,812 |  |  | $ | 4,758 |  |  | $ | (1,418) |  |  | $ | 37,152 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 37,152 |  |  | $ | (17,029) |  |  | $ | 20,123 |
| Three Months Ended March 31, 2021
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 93,827 |  |  | $ | 21,398 |  |  | $ | — |  |  | $ | 115,225 |  |  | $ | — |  |  | $ | 115,225 |
Jewelry scrapping sales | 3,581 |  |  | 2,494 |  |  | — |  |  | 6,075 |  |  | — |  |  | 6,075 |
Pawn service charges | 49,577 |  |  | 13,859 |  |  | — |  |  | 63,436 |  |  | — |  |  | 63,436 |
Other revenues | 29 |  |  | — |  |  | 174 |  |  | 203 |  |  | — |  |  | 203 |
Total revenues | 147,014 |  |  | 37,751 |  |  | 174 |  |  | 184,939 |  |  | — |  |  | 184,939 |
Merchandise cost of goods sold | 51,812 |  |  | 13,978 |  |  | — |  |  | 65,790 |  |  | — |  |  | 65,790 |
Jewelry scrapping cost of goods sold | 3,149 |  |  | 2,252 |  |  | — |  |  | 5,401 |  |  | — |  |  | 5,401 |
Net revenues | 92,053 |  |  | 21,521 |  |  | 174 |  |  | 113,748 |  |  | — |  |  | 113,748 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 63,657 |  |  | 17,492 |  |  | — |  |  | 81,149 |  |  | — |  |  | 81,149 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 13,771 |  |  | 13,771 |
Depreciation and amortization | 2,636 |  |  | 1,793 |  |  | — |  |  | 4,429 |  |  | 3,660 |  |  | 8,089 |
Loss on sale or disposal of assets and other | — |  |  | 101 |  |  | — |  |  | 101 |  |  | 11 |  |  | 112 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 5,518 |  |  | 5,518 |
Interest income | — |  |  | (571) |  |  | — |  |  | (571) |  |  | (14) |  |  | (585) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (1,250) |  |  | (1,250) |  |  | — |  |  | (1,250) |
Other expense | — |  |  | 85 |  |  | 9 |  |  | 94 |  |  | 51 |  |  | 145 |
Segment contribution | $ | 25,760 |  |  | $ | 2,621 |  |  | $ | 1,415 |  |  | $ | 29,796 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 29,796 |  |  | $ | (22,997) |  |  | $ | 6,799 |
| Six Months Ended March 31, 2022
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 202,142 |  |  | $ | 69,134 |  |  | $ | — |  |  | $ | 271,276 |  |  | $ | — |  |  | $ | 271,276 |
Jewelry scrapping sales | 8,460 |  |  | 4,174 |  |  | — |  |  | 12,634 |  |  | — |  |  | 12,634 |
Pawn service charges | 115,329 |  |  | 37,379 |  |  | — |  |  | 152,708 |  |  | — |  |  | 152,708 |
Other revenues | 46 |  |  | 240 |  |  | 72 |  |  | 358 |  |  | — |  |  | 358 |
Total revenues | 325,977 |  |  | 110,927 |  |  | 72 |  |  | 436,976 |  |  | — |  |  | 436,976 |
Merchandise cost of goods sold | 116,445 |  |  | 48,912 |  |  | — |  |  | 165,357 |  |  | — |  |  | 165,357 |
Jewelry scrapping cost of goods sold | 6,773 |  |  | 3,807 |  |  | — |  |  | 10,580 |  |  | — |  |  | 10,580 |
Net revenues | 202,759 |  |  | 58,208 |  |  | 72 |  |  | 261,039 |  |  | — |  |  | 261,039 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 129,181 |  |  | 43,333 |  |  | — |  |  | 172,514 |  |  | — |  |  | 172,514 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 27,772 |  |  | 27,772 |
Depreciation and amortization | 5,295 |  |  | 3,871 |  |  | — |  |  | 9,166 |  |  | 5,858 |  |  | 15,024 |
Gain on sale or disposal of assets and other | — |  |  | (4) |  |  | — |  |  | (4) |  |  | (688) |  |  | (692) |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 4,958 |  |  | 4,958 |
Interest income | — |  |  | (437) |  |  | — |  |  | (437) |  |  | (122) |  |  | (559) |
Equity in net loss of unconsolidated affiliates | — |  |  | — |  |  | 301 |  |  | 301 |  |  | — |  |  | 301 |
Other expense (income) | — |  |  | 200 |  |  | (4) |  |  | 196 |  |  | 55 |  |  | 251 |
Segment contribution (loss) | $ | 68,283 |  |  | $ | 11,245 |  |  | $ | (225) |  |  | $ | 79,303 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 79,303 |  |  | $ | (37,833) |  |  | $ | 41,470 |
| Six Months Ended March 31, 2021
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 176,080 |  |  | $ | 46,928 |  |  | $ | — |  |  | $ | 223,008 |  |  | $ | — |  |  | $ | 223,008 |
Jewelry scrapping sales | 7,585 |  |  | 5,249 |  |  | — |  |  | 12,834 |  |  | — |  |  | 12,834 |
Pawn service charges | 99,797 |  |  | 27,128 |  |  | — |  |  | 126,925 |  |  | — |  |  | 126,925 |
Other revenues | 51 |  |  | 7 |  |  | 249 |  |  | 307 |  |  | — |  |  | 307 |
Total revenues | 283,513 |  |  | 79,312 |  |  | 249 |  |  | 363,074 |  |  | — |  |  | 363,074 |
Merchandise cost of goods sold | 99,871 |  |  | 30,462 |  |  | — |  |  | 130,333 |  |  | — |  |  | 130,333 |
Jewelry scrapping cost of goods sold | 5,993 |  |  | 4,610 |  |  | — |  |  | 10,603 |  |  | — |  |  | 10,603 |
Other cost of revenues | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |
Net revenues | 177,649 |  |  | 44,240 |  |  | 249 |  |  | 222,138 |  |  | — |  |  | 222,138 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 125,749 |  |  | 34,709 |  |  | — |  |  | 160,458 |  |  | — |  |  | 160,458 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 26,281 |  |  | 26,281 |
Depreciation and amortization | 5,372 |  |  | 3,653 |  |  | — |  |  | 9,025 |  |  | 6,636 |  |  | 15,661 |
Loss on sale or disposal of assets and other | 27 |  |  | — |  |  | — |  |  | 27 |  |  | 63 |  |  | 90 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 10,973 |  |  | 10,973 |
Interest income | — |  |  | (1,335) |  |  | — |  |  | (1,335) |  |  | (71) |  |  | (1,406) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (1,766) |  |  | (1,766) |  |  | — |  |  | (1,766) |
Other (income) expense | — |  |  | (370) |  |  | (201) |  |  | (571) |  |  | 117 |  |  | (454) |
Segment contribution | $ | 46,501 |  |  | $ | 7,583 |  |  | $ | 2,216 |  |  | $ | 56,300 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 56,300 |  |  | $ | (43,999) |  |  | $ | 12,301 |
Reconciliation of Assets from Segment to Consolidated | The following table presents separately identified net earning assets by segment:
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Corporate Items |  | Total
As of March 31, 2022 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 133,515 |  |  | $ | 40,103 |  |  | $ | — |  |  | $ | — |  |  | $ | 173,618 |
Inventory, net | 93,320 |  |  | 26,570 |  |  | — |  |  | — |  |  | 119,890 |
As of March 31, 2021 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 95,369 |  |  | $ | 29,899 |  |  | $ | — |  |  | $ | — |  |  | 125,268 |
Inventory, net | 69,782 |  |  | 16,432 |  |  | — |  |  | — |  |  | 86,214 |

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