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Note 12 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		For the Year Ended December 31,
		2022				2021				2020
Federal income tax (expense) benefit:
Current tax benefit (expense)		$	4,352			$	(34,910	)		$	1,351
Deferred tax (expense)			(16,623	)			(2,369	)			(21,752	)
Total federal income tax (expense)		$	(12,271	)		$	(37,279	)		$	(20,401	)
Foreign income tax (expense) benefit:
Current tax (expense)		$	(183	)		$	(107	)		$	(143	)
Deferred tax benefit (expense)			3				1				(5	)
Total foreign income tax (expense)		$	(180	)		$	(106	)		$	(148	)
State and other income tax benefit (expense):
Current tax benefit (expense)		$	2,146			$	(4,910	)		$	(1,228	)
Deferred tax (expense) benefit			(4,355	)			511				1,303
Total state and other income tax (expense) benefit		$	(2,209	)		$	(4,399	)		$	75
Total income tax (expense)		$	(14,660	)		$	(41,784	)		$	(20,474	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		For the Year Ended December 31,
		2022				2021				2020
Statutory federal expense rate			21.0	%			21.0	%			21.0	%
(Decrease) increase in statutory federal tax expense rate resulting from:
Share-based compensation			(10.5	)			(3.1	)			—
Section 162(m) of the Code executive compensation deduction limitations			0.2				1.7				—
Net interest and penalties related to uncertain tax positions and unpaid tax liabilities			0.1				—				(0.6	)
Interest expense on preferred stock classified as debt for tax purposes			(2.3	)			(1.6	)			(2.6	)
Foreign taxes, net of valuation allowance effects			(0.2	)			(0.1	)			(0.2	)
State taxes, net of valuation allowance effects			1.4				1.6				(0.1	)
Prior year provision to return reconciling items, tax effects of non-controlling interests, and other			(0.1	)			(0.6	)			0.2
Global intangible low-taxed income tax			0.2				0.1				0.2
Effective tax expense rate			9.8	%			19.0	%			17.9	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		As of December 31,
		2022				2021
Deferred tax assets:
Capitalized research and experimentation expenditures and fixed assets		$	1,445			$	—
Provision for credit loss			1,716				14,647
Credit card and other loans receivable fair value election differences			70,966				48,730
Equity-based compensation			1,327				967
Accrued expenses			156				159
Accruals for state taxes and interest associated with unrecognized tax benefits and unpaid accrued tax liabilities			195				149
Federal net operating loss and capital loss carry-forwards			22,626				—
Foreign net operating loss carry-forward			304				304
Other			1,056				506
State tax benefits, primarily from net operating losses			28,796				27,081
Deferred tax assets, gross		$	128,587			$	92,543
Valuation allowances			(20,699	)			(22,716	)
Deferred tax assets, net of valuation allowances		$	107,888			$	69,827
Deferred tax (liabilities):
Prepaid expenses and other		$	(1,030	)		$	(513	)
Software development costs and fixed assets			—				(41	)
Equity in income of equity-method investee			(792	)			(697	)
Market discount on acquired marked discount bonds			(155,879	)			(94,958	)
Deferred costs			(641	)			(590	)
Deferred tax (liabilities), gross		$	(158,342	)		$	(96,799	)
Deferred tax (liabilities), net		$	(50,454	)		$	(26,972	)

Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Table Text Block]

		2022				2021				2020
Balance at January 1,		$	(605	)		$	(495	)		$	(445	)
Reductions based on tax positions related to prior years			79				23				—
(Additions) based on tax positions related to prior years			(11,965	)			(26	)			32
(Additions) based on tax positions related to the current year			(10,201	)			(107	)			(82	)
Balance at December 31,		$	(22,692	)		$	(605	)		$	(495	)

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of unrecognized tax benefits for which a material change is reasonably possible in the next twelve months, typically including the nature of the uncertainty, the event(s) that could cause a material change, and an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made. An unrecognized tax benefit is the difference between a tax position taken in a tax return and the amounts recognized in the financial statements for which it is more likely than not, based on the technical merits of the position, that the tax position will not be sustained upon examination.

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