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Segment Information (Tables) | 9 Months Ended
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Jun. 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.
| Three Months Ended June 30, 2022
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 94,005 |  |  | $ | 34,329 |  |  | $ | — |  |  | $ | 128,334 |  |  | $ | — |  |  | $ | 128,334 |
Jewelry scrapping sales | 5,404 |  |  | 1,764 |  |  | — |  |  | 7,168 |  |  | — |  |  | 7,168 |
Pawn service charges | 59,322 |  |  | 20,969 |  |  | — |  |  | 80,291 |  |  | — |  |  | 80,291 |
Other revenues | 21 |  |  | 7 |  |  | 21 |  |  | 49 |  |  | — |  |  | 49 |
Total revenues | 158,752 |  |  | 57,069 |  |  | 21 |  |  | 215,842 |  |  | — |  |  | 215,842 |
Merchandise cost of goods sold | 55,885 |  |  | 24,282 |  |  | — |  |  | 80,167 |  |  | — |  |  | 80,167 |
Jewelry scrapping cost of goods sold | 4,506 |  |  | 1,661 |  |  | — |  |  | 6,167 |  |  | — |  |  | 6,167 |
Gross profit | 98,361 |  |  | 31,126 |  |  | 21 |  |  | 129,508 |  |  | — |  |  | 129,508 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 66,036 |  |  | 23,394 |  |  | — |  |  | 89,430 |  |  | — |  |  | 89,430 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 18,715 |  |  | 18,715 |
Depreciation and amortization | 2,572 |  |  | 1,987 |  |  | — |  |  | 4,559 |  |  | 3,187 |  |  | 7,746 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 2,693 |  |  | 2,693 |
Interest income | (1) |  |  | (189) |  |  | — |  |  | (190) |  |  | — |  |  | (190) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (1,758) |  |  | (1,758) |  |  | — |  |  | (1,758) |
Other (income) expense | — |  |  | (163) |  |  | 19 |  |  | (144) |  |  | (66) |  |  | (210) |
Segment contribution | $ | 29,754 |  |  | $ | 6,097 |  |  | $ | 1,760 |  |  | $ | 37,611 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 37,611 |  |  | $ | (24,529) |  |  | $ | 13,082 |
| Three Months Ended June 30, 2021
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 84,465 |  |  | $ | 23,343 |  |  | $ | — |  |  | $ | 107,808 |  |  | $ | — |  |  | $ | 107,808 |
Jewelry scrapping sales | 1,908 |  |  | 3,765 |  |  | — |  |  | 5,673 |  |  | — |  |  | 5,673 |
Pawn service charges | 44,039 |  |  | 16,392 |  |  | — |  |  | 60,431 |  |  | — |  |  | 60,431 |
Other revenues | 32 |  |  | — |  |  | 89 |  |  | 121 |  |  | — |  |  | 121 |
Total revenues | 130,444 |  |  | 43,500 |  |  | 89 |  |  | 174,033 |  |  | — |  |  | 174,033 |
Merchandise cost of goods sold | 45,310 |  |  | 15,229 |  |  | — |  |  | 60,539 |  |  | — |  |  | 60,539 |
Jewelry scrapping cost of goods sold | 1,878 |  |  | 3,595 |  |  | — |  |  | 5,473 |  |  | — |  |  | 5,473 |
Gross profit | 83,256 |  |  | 24,676 |  |  | 89 |  |  | 108,021 |  |  | — |  |  | 108,021 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 62,507 |  |  | 19,296 |  |  | — |  |  | 81,803 |  |  | — |  |  | 81,803 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 14,589 |  |  | 14,589 |
Depreciation and amortization | 2,600 |  |  | 1,806 |  |  | — |  |  | 4,406 |  |  | 3,013 |  |  | 7,419 |
Other Charges | — |  |  | 497 |  |  | — |  |  | 497 |  |  | — |  |  | 497 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 5,569 |  |  | 5,569 |
Interest income | — |  |  | (484) |  |  | — |  |  | (484) |  |  | (28) |  |  | (512) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (643) |  |  | (643) |  |  | — |  |  | (643) |
Other (income) expense | — |  |  | (5) |  |  | 18 |  |  | 13 |  |  | 52 |  |  | 65 |
Segment contribution | $ | 18,149 |  |  | $ | 3,566 |  |  | $ | 714 |  |  | $ | 22,429 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 22,429 |  |  | $ | (23,195) |  |  | $ | (766) |
| Nine Months Ended June 30, 2022
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 296,147 |  |  | $ | 103,463 |  |  | $ | — |  |  | $ | 399,610 |  |  | $ | — |  |  | $ | 399,610 |
Jewelry scrapping sales | 13,864 |  |  | 5,938 |  |  | — |  |  | 19,802 |  |  | — |  |  | 19,802 |
Pawn service charges | 174,651 |  |  | 58,348 |  |  | — |  |  | 232,999 |  |  | — |  |  | 232,999 |
Other revenues | 67 |  |  | 247 |  |  | 93 |  |  | 407 |  |  | — |  |  | 407 |
Total revenues | 484,729 |  |  | 167,996 |  |  | 93 |  |  | 652,818 |  |  | — |  |  | 652,818 |
Merchandise cost of goods sold | 172,330 |  |  | 73,194 |  |  | — |  |  | 245,524 |  |  | — |  |  | 245,524 |
Jewelry scrapping cost of goods sold | 11,279 |  |  | 5,468 |  |  | — |  |  | 16,747 |  |  | — |  |  | 16,747 |
Gross profit | 301,120 |  |  | 89,334 |  |  | 93 |  |  | 390,547 |  |  | — |  |  | 390,547 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 195,217 |  |  | 66,727 |  |  | — |  |  | 261,944 |  |  | — |  |  | 261,944 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 46,487 |  |  | 46,487 |
Depreciation and amortization | 7,867 |  |  | 5,858 |  |  | — |  |  | 13,725 |  |  | 9,045 |  |  | 22,770 |
Gain on sale or disposal of assets and other | — |  |  | (4) |  |  | — |  |  | (4) |  |  | (688) |  |  | (692) |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 7,651 |  |  | 7,651 |
Interest income | (1) |  |  | (626) |  |  | — |  |  | (627) |  |  | (122) |  |  | (749) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (1,457) |  |  | (1,457) |  |  | — |  |  | (1,457) |
Other expense (income) | — |  |  | 37 |  |  | 15 |  |  | 52 |  |  | (11) |  |  | 41 |
Segment contribution | $ | 98,037 |  |  | $ | 17,342 |  |  | $ | 1,535 |  |  | $ | 116,914 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 116,914 |  |  | $ | (62,362) |  |  | $ | 54,552 |
| Nine Months Ended June 30, 2021
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 260,545 |  |  | $ | 70,271 |  |  | $ | — |  |  | $ | 330,816 |  |  | $ | — |  |  | $ | 330,816 |
Jewelry scrapping sales | 9,493 |  |  | 9,014 |  |  | — |  |  | 18,507 |  |  | — |  |  | 18,507 |
Pawn service charges | 143,836 |  |  | 43,520 |  |  | — |  |  | 187,356 |  |  | — |  |  | 187,356 |
Other revenues | 83 |  |  | 7 |  |  | 338 |  |  | 428 |  |  | — |  |  | 428 |
Total revenues | 413,957 |  |  | 122,812 |  |  | 338 |  |  | 537,107 |  |  | — |  |  | 537,107 |
Merchandise cost of goods sold | 145,181 |  |  | 45,691 |  |  | — |  |  | 190,872 |  |  | — |  |  | 190,872 |
Jewelry scrapping cost of goods sold | 7,871 |  |  | 8,205 |  |  | — |  |  | 16,076 |  |  | — |  |  | 16,076 |
Gross profit | 260,905 |  |  | 68,916 |  |  | 338 |  |  | 330,159 |  |  | — |  |  | 330,159 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 188,256 |  |  | 54,005 |  |  | — |  |  | 242,261 |  |  | — |  |  | 242,261 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 40,870 |  |  | 40,870 |
Depreciation and amortization | 7,972 |  |  | 5,459 |  |  | — |  |  | 13,431 |  |  | 9,649 |  |  | 23,080 |
Loss on sale or disposal of assets and other | 27 |  |  | — |  |  | — |  |  | 27 |  |  | 63 |  |  | 90 |
Other Charges | — |  |  | 497 |  |  | — |  |  | 497 |  |  | — |  |  | 497 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 16,542 |  |  | 16,542 |
Interest income | — |  |  | (1,819) |  |  | — |  |  | (1,819) |  |  | (99) |  |  | (1,918) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (2,409) |  |  | (2,409) |  |  | — |  |  | (2,409) |
Other (income) expense | — |  |  | (375) |  |  | (183) |  |  | (558) |  |  | 169 |  |  | (389) |
Segment contribution | $ | 64,650 |  |  | $ | 11,149 |  |  | $ | 2,930 |  |  | $ | 78,729 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 78,729 |  |  | $ | (67,194) |  |  | $ | 11,535 |
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 June 30, 2022 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 159,680 |  |  | $ | 44,475 |  |  | $ | — |  |  | $ | — |  |  | $ | 204,155 |
Inventory, net | 101,831 |  |  | 30,882 |  |  | — |  |  | — |  |  | 132,713 |
As of June 30, 2021 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 117,186 |  |  | $ | 39,969 |  |  | $ | — |  |  | $ | — |  |  | $ | 157,155 |
Inventory, net | 69,136 |  |  | 23,106 |  |  | — |  |  | — |  |  | 92,242 |

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