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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Services $ 46.6 $ 73.3
Redemption, net 120.9 111.9
Finance charges, net 1,214.3 1,149.0
Total revenue 1,381.8 1,334.2
Operating expenses    
Cost of operations (exclusive of depreciation and amortization disclosed separately below) 499.2 640.5
Provision for loan loss 655.9 252.1
General and administrative 23.9 38.3
Depreciation and other amortization 17.4 20.6
Amortization of purchased intangibles 21.4 25.8
Total operating expenses 1,217.8 977.3
Operating income 164.0 356.9
Interest expense    
Securitization funding costs 49.9 57.3
Interest expense on deposits 60.3 48.7
Interest expense on long-term and other debt, net 28.4 37.9
Total interest expense, net 138.6 143.9
Income from continuing operations before income taxes 25.4 213.0
(Benefit) provision for income taxes (4.6) 34.8
Income from continuing operations 30.0 178.2
Loss from discontinued operations, net of taxes   (29.1)
Net income $ 30.0 $ 149.1
Basic income (loss) per share (Note 3):    
Income from continuing operations (in dollars per share) $ 0.63 $ 3.36
Loss from discontinued operations (in dollars per share)   (0.55)
Net income per share (in dollars per share) 0.63 2.81
Diluted income (loss) per share (Note 3):    
Income from continuing operations (in dollars per share) 0.63 3.35
Loss from discontinued operations (in dollars per share)   (0.55)
Net income per share (in dollars per share) $ 0.63 $ 2.80
Weighted average shares (Note 3):    
Basic (in shares) 47.6 53.0
Diluted (in shares) 47.7 53.2