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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Revenue from receivable portfolios $ 292,662 $ 263,407 $ 573,671 $ 513,245
Other revenues 39,453 18,681 75,421 38,652
Total revenues 332,115 282,088 649,092 551,897
Allowance reversals on receivable portfolios, net 17,632 8,829 27,443 10,961
Total revenues, adjusted by net allowances 349,747 290,917 676,535 562,858
Operating expenses        
Salaries and employee benefits 90,960 75,786 180,219 144,064
Cost of legal collections 51,255 53,409 105,110 101,366
Other operating expenses 39,039 24,030 72,787 50,390
Collection agency commissions 12,151 11,494 23,905 23,056
General and administrative expenses 41,986 36,932 81,270 70,250
Depreciation and amortization 10,923 8,672 21,359 17,297
Total operating expenses 246,314 210,323 484,650 406,423
Income from operations 103,433 80,594 191,885 156,435
Other (expense) income        
Interest expense (60,536) (50,516) (117,998) (99,714)
Other (expense) income (4,615) 2,529 (2,422) 3,131
Total other expense (65,151) (47,987) (120,420) (96,583)
Income from continuing operations before income taxes 38,282 32,607 71,465 59,852
Provision for income taxes (11,308) (13,531) (20,778) (25,598)
Income from continuing operations 26,974 19,076 50,687 34,254
Loss from discontinued operations, net of tax 0 0 0 (199)
Net income 26,974 19,076 50,687 34,055
Net (income) loss attributable to noncontrolling interest (676) 1,179 (2,562) 8,298
Net income 26,298 20,255 48,125 42,353
Amounts attributable to Encore Capital Group, Inc.:        
Income from continuing operations 26,298 20,255 48,125 42,552
Loss from discontinued operations, net of tax 0 0 0 (199)
Net income $ 26,298 $ 20,255 $ 48,125 $ 42,353
Basic earnings (loss) per share from:        
Continuing operations (USD per share) $ 1.01 $ 0.78 $ 1.84 $ 1.64
Discontinued operations (USD per share) 0.00 0.00 0.00 (0.01)
Net basic earnings per share (USD per share) 1.01 0.78 1.84 1.63
Diluted earnings (loss) per share from:        
Continuing operations (USD per share) 1.00 0.77 1.82 1.62
Discontinued operations (USD per share) 0.00 0.00 0.00 (0.01)
Net diluted earnings per share (USD per share) $ 1.00 $ 0.77 $ 1.82 $ 1.61
Weighted average shares outstanding:        
Basic (shares) 26,150 25,983 26,103 25,930
Diluted (shares) 26,409 26,391 26,413 26,240