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Segment Information | 3 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Segment Information | NOTE 10: SEGMENT INFORMATION Our operations are primarily managed on a geographical basis and are comprised of three reportable segments. The factors for determining our reportable segments include the manner in which our chief operating decision maker evaluates performance for purposes of allocating resources and assessing performance. We currently report our segments as follows: •U.S. Pawn — all pawn activities in the United States; •Latin America Pawn — all pawn activities in Mexico and other parts of Latin America; and •Other Investments — primarily our equity interest in the net income of Cash Converters along with our investment in RDC and our investment in and notes receivable from Founders. There are no inter-segment revenues presented below, and the amounts below were determined in accordance with the same accounting principles used in our condensed consolidated financial statements. The following income (loss) before income taxes tables present revenue for each reportable segment, disaggregated revenue within our reportable segments and Corporate, segment profits and segment contribution.
| Three Months Ended December 31, 2023
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 125,513 |  |  | $ | 53,890 |  |  | $ | — |  |  | $ | 179,403 |  |  | $ | — |  |  | $ | 179,403 |
Jewelry scrapping sales | 12,815 |  |  | 1,267 |  |  | — |  |  | 14,082 |  |  | — |  |  | 14,082 |
Pawn service charges | 79,073 |  |  | 27,376 |  |  | — |  |  | 106,449 |  |  | — |  |  | 106,449 |
Other revenues | 37 |  |  | 16 |  |  | 4 |  |  | 57 |  |  | — |  |  | 57 |
Total revenues | 217,438 |  |  | 82,549 |  |  | 4 |  |  | 299,991 |  |  | — |  |  | 299,991 |
Merchandise cost of goods sold | 78,709 |  |  | 36,501 |  |  | — |  |  | 115,210 |  |  | — |  |  | 115,210 |
Jewelry scrapping cost of goods sold | 11,284 |  |  | 924 |  |  | — |  |  | 12,208 |  |  | — |  |  | 12,208 |
Gross profit | 127,445 |  |  | 45,124 |  |  | 4 |  |  | 172,573 |  |  | — |  |  | 172,573 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 77,255 |  |  | 33,300 |  |  | — |  |  | 110,555 |  |  | — |  |  | 110,555 |
General and administrative | — |  |  | — |  |  | — |  |  | — |  |  | 16,543 |  |  | 16,543 |
Depreciation and amortization | 2,624 |  |  | 2,339 |  |  | — |  |  | 4,963 |  |  | 3,602 |  |  | 8,565 |
Loss (gain) on sale or disposal of assets and other | 26 |  |  | (196) |  |  | — |  |  | (170) |  |  | (2) |  |  | (172) |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 3,440 |  |  | 3,440 |
Interest income | — |  |  | (420) |  |  | (573) |  |  | (993) |  |  | (1,646) |  |  | (2,639) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (1,153) |  |  | (1,153) |  |  | — |  |  | (1,153) |
Other (income) expense | — |  |  | (48) |  |  | 1 |  |  | (47) |  |  | (224) |  |  | (271) |
Segment contribution | $ | 47,540 |  |  | $ | 10,149 |  |  | $ | 1,729 |  |  | $ | 59,418 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 59,418 |  |  | $ | (21,713) |  |  | $ | 37,705 |
| Three Months Ended December 31, 2022
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments |  | Total Segments |  | Corporate Items |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |
Merchandise sales | $ | 118,314 |  |  | $ | 45,473 |  |  | $ | — |  |  | $ | 163,787 |  |  | $ | — |  |  | $ | 163,787 |
Jewelry scrapping sales | 7,176 |  |  | 708 |  |  | — |  |  | 7,884 |  |  | — |  |  | 7,884 |
Pawn service charges | 69,310 |  |  | 23,283 |  |  | — |  |  | 92,593 |  |  | — |  |  | 92,593 |
Other revenues | 25 |  |  | 16 |  |  | 22 |  |  | 63 |  |  | — |  |  | 63 |
Total revenues | 194,825 |  |  | 69,480 |  |  | 22 |  |  | 264,327 |  |  | — |  |  | 264,327 |
Merchandise cost of goods sold | 73,256 |  |  | 31,621 |  |  | — |  |  | 104,877 |  |  | — |  |  | 104,877 |
Jewelry scrapping cost of goods sold | 6,216 |  |  | 737 |  |  | — |  |  | 6,953 |  |  | — |  |  | 6,953 |
Gross profit | 115,353 |  |  | 37,122 |  |  | 22 |  |  | 152,497 |  |  | — |  |  | 152,497 |
Segment and corporate expenses (income): |  |  |  |  |  |  |  |  |  |  |
Store expenses | 73,304 |  |  | 27,499 |  |  | — |  |  | 100,803 |  |  | — |  |  | 100,803 |
General and administrative | — |  |  | (3) |  |  | — |  |  | (3) |  |  | 15,479 |  |  | 15,476 |
Depreciation and amortization | 2,755 |  |  | 2,215 |  |  | — |  |  | 4,970 |  |  | 3,018 |  |  | 7,988 |
Loss (gain) on sale or disposal of assets and other | 3 |  |  | (19) |  |  | — |  |  | (16) |  |  | — |  |  | (16) |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | 6,190 |  |  | 6,190 |
Interest income | — |  |  | (169) |  |  | — |  |  | (169) |  |  | (495) |  |  | (664) |
Equity in net income of unconsolidated affiliates | — |  |  | — |  |  | (1,584) |  |  | (1,584) |  |  | — |  |  | (1,584) |
Other expense (income) | — |  |  | 70 |  |  | 4 |  |  | 74 |  |  | (308) |  |  | (234) |
Segment contribution | $ | 39,291 |  |  | $ | 7,529 |  |  | $ | 1,602 |  |  | $ | 48,422 |  |  |  |  |
Income (loss) before income taxes |  |  |  |  |  |  | $ | 48,422 |  |  | $ | (23,884) |  |  | $ | 24,538 |
The following table presents separately identified segment assets:
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Other Investments (a) |  | Corporate Items |  | Total
As of December 31, 2023 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 190,766 |  |  | $ | 52,486 |  |  | $ | — |  |  | $ | — |  |  | $ | 243,252 |
Pawn service charges receivable, net | 35,707 |  |  | 4,295 |  |  | — |  |  | — |  |  | 40,002 |
Inventory, net | 127,008 |  |  | 37,919 |  |  | — |  |  | — |  |  | 164,927 |
Total assets | 1,004,075 |  |  | 323,209 |  |  | 78,419 |  |  | 75,490 |  |  | 1,481,193 |
As of December 31, 2022 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 166,886 |  |  | $ | 42,969 |  |  | $ | — |  |  | $ | — |  |  | $ | 209,855 |
Pawn service charges receivable, net | 31,064 |  |  | 3,857 |  |  | — |  |  | — |  |  | 34,921 |
Inventory, net | 117,994 |  |  | 38,070 |  |  | — |  |  | — |  |  | 156,064 |
Total assets | 900,211 |  |  | 272,153 |  |  | 77,009 |  |  | 152,942 |  |  | 1,402,315 |
As of September 30, 2023 |  |  |  |  |  |  |  |  |
Pawn loans | $ | 190,624 |  |  | $ | 55,142 |  |  | $ | — |  |  | $ | — |  |  | $ | 245,766 |
Pawn service charges receivable, net | 34,318 |  |  | 4,567 |  |  | — |  |  | — |  |  | 38,885 |
Inventory, net | 128,901 |  |  | 37,576 |  |  | — |  |  | — |  |  | 166,477 |
Total assets | 984,539 |  |  | 313,164 |  |  | 63,707 |  |  | 106,301 |  |  | 1,467,711 |
(a) Segment assets as of September 30, 2023 have been recast to conform to current year presentation as CCV no longer meets the 10 percent threshold to be considered its own segment.

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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/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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