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v3.21.2

(1) Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2021
Accounting Policies [Abstract] |
Schedule of other income |
Schedule of other income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
|  | (In thousands) |  |  | (In thousands) |
Direct mail revenues |  | $ | 779 |  |  | $ | 760 |  |  | $ | 2,648 |  |  | $ | 2,444 |
Convenience fee revenue |  |  | 120 |  |  |  | 280 |  |  |  | 540 |  |  |  | 1,340 |
Recoveries on previously charged-off contracts |  |  | 18 |  |  |  | 4 |  |  |  | 78 |  |  |  | 79 |
Sales tax refunds |  |  | 134 |  |  |  | 192 |  |  |  | 423 |  |  |  | 601 |
Other |  |  | 496 |  |  |  | 3 |  |  |  | 623 |  |  |  | 44 |
Other income for the period |  | $ | 1,547 |  |  | $ | 1,239 |  |  | $ | 4,312 |  |  | $ | 4,508 |
Supplemental balance sheet information related to leases |
Supplemental balance sheet information related to leases |  |  |  |  |  |  |  |
|  | September 30, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
|  | (In thousands) |
Operating Leases |  |  |  |  |  |  |  |
Operating lease right-of-use assets |  | $ | 25,820 |  |  | $ | 23,735 |
Less: Accumulated amortization right-of-use assets |  |  | (16,238 | ) |  |  | (12,792 | )
Operating lease right-of-use assets, net |  | $ | 9,582 |  |  | $ | 10,943 |
Operating lease liabilities |  | $ | (10,471 | ) |  | $ | (12,096 | )
Finance Leases |  |  |  |  |  |  |  |
Property and equipment, at cost |  | $ | 3,407 |  |  | $ | 3,407 |
Less: Accumulated depreciation |  |  | (2,069 | ) |  |  | (1,226 | )
Property and equipment, net |  | $ | 1,338 |  |  | $ | 2,181 |
Finance lease liabilities |  | $ | (1,408 | ) |  | $ | (2,243 | )
Weighted Average Discount Rate |  |  |  |  |  |  |  |
Operating lease |  |  | 5.0% |  |  |  | 5.0% |
Finance lease |  |  | 6.5% |  |  |  | 6.5% |
Maturities of leases |
Maturities of leases |  |  |  |  |  |  |  |
Maturities of lease liabilities were as follows: |  |  |  |  |  |
(In thousands) |  | Operating |  |  | Finance |
Year Ending December 31, |  | Lease |  |  | Lease |
2021 (excluding the nine months ended September 30, 2021) |  | $ | 1,811 |  |  | $ | 305 |
2022 |  |  | 6,433 |  |  |  | 1,050 |
2023 |  |  | 1,888 |  |  |  | 84 |
2024 |  |  | 921 |  |  |  | 26 |
2025 |  |  | 794 |  |  |  | 9 |
Thereafter |  |  | 1,661 |  |  |  | – |
Total undiscounted lease payments |  |  | 13,508 |  |  |  | 1,474 |
Less amounts representing interest |  |  | (3,037 | ) |  |  | (66 | )
Lease Liability |  | $ | 10,471 |  |  | $ | 1,408 |
Lease information |
Lease information |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
|  | (In thousands) |  |  | (In thousands) |
Operating lease cost |  | $ | 1,768 |  |  | $ | 1,885 |  |  | $ | 5,398 |  |  | $ | 5,654 |
Finance lease cost |  |  | 308 |  |  |  | 299 |  |  |  | 924 |  |  |  | 871 |
Total lease cost |  | $ | 2,076 |  |  | $ | 2,184 |  |  | $ | 6,322 |  |  | $ | 6,525 |
Supplemental cash flow information related to leases |
Supplemental cash flow information related to leases |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Cash paid for amounts included in the measurement of lease liabilities: |  | (In thousands) |  |  | (In thousands) |
Operating cash flows from operating leases |  | $ | 1,840 |  |  | $ | 1,945 |  |  | $ | 5,662 |  |  | $ | 5,803 |
Operating cash flows from finance leases |  |  | 283 |  |  |  | 256 |  |  |  | 834 |  |  |  | 737 |
Financing cash flows from finance leases |  |  | 25 |  |  |  | 42 |  |  |  | 90 |  |  |  | 133 |
Share-based Payment Arrangement, Option, Activity |
Share-based Payment Arrangement, Option, Activity |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  | Weighted
|  | Number of |  |  | Weighted |  |  | Average
|  | Shares |  |  | Average |  |  | Remaining
|  | (in thousands) |  |  | Exercise Price |  |  | Contractual Term
Options outstanding at the beginning of period |  |  | 15,977 |  |  | $ | 4.46 |  |  | N/A
Granted |  |  | 1,460 |  |  |  | 4.95 |  |  | N/A
Exercised |  |  | (1,055 | ) |  |  | 2.06 |  |  | N/A
Forfeited |  |  | (2,071 | ) |  |  | 6.31 |  |  | N/A
Options outstanding at the end of period |  |  | 14,311 |  |  | $ | 4.42 |  |  | 2.89 years
Options exercisable at the end of period |  |  | 10,916 |  |  | $ | 4.61 |  |  | 1.97 years
Schedule of stock options outstanding and exercisable |
Schedule of stock options outstanding and exercisable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Number of shares as of |  |  | Number of shares as of |
|  | September 30, 2021 |  |  | December 31, 2020 |
|  | Outstanding |  |  | Exercisable |  |  | Outstanding |  |  | Exercisable |
Range of exercise prices: |  | (In thousands) |  |  | (In thousands) |
$0.95 - $1.99 |  |  | 1,257 |  |  |  | 1,257 |  |  |  | 1,904 |  |  |  | 1,904 |
$2.00 - $2.99 |  |  | 1,525 |  |  |  | 497 |  |  |  | 1,570 |  |  |  | 180 |
$3.00 - $3.99 |  |  | 4,479 |  |  |  | 3,572 |  |  |  | 4,973 |  |  |  | 3,306 |
$4.00 - $4.99 |  |  | 2,925 |  |  |  | 1,465 |  |  |  | 1,540 |  |  |  | 1,217 |
$5.00 - $5.99 |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
$6.00 - $6.99 |  |  | 2,935 |  |  |  | 2,935 |  |  |  | 4,770 |  |  |  | 4,770 |
$7.00 - $7.99 |  |  | 1,190 |  |  |  | 1,190 |  |  |  | 1,220 |  |  |  | 1,220 |
Total shares |  |  | 14,311 |  |  |  | 10,916 |  |  |  | 15,977 |  |  |  | 12,597 |
Schedule of purchases of company stock |
Schedule of purchases of company stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Nine Months Ended |
|  | September 30, 2021 |  |  | September 30, 2020 |
|  | Shares |  |  | Avg. Price |  |  | Shares |  |  | Avg. Price |
Open market purchases |  |  | 734,700 |  |  | $ | 5.03 |  |  |  | 44,247 |  |  | $ | 2.94 |
Shares redeemed upon net exercise of stock options |  |  | 56,983 |  |  |  | 4.47 |  |  |  | 46,909 |  |  |  | 2.86 |
Other purchases |  |  | – |  |  |  | – |  |  |  | 200,000 |  |  |  | 3.51 |
Total stock purchases |  |  | 791,683 |  |  | $ | 4.99 |  |  |  | 291,156 |  |  | $ | 3.32 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
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