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Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Income recognized on finance receivables $ 249,219 $ 219,018 $ 488,055 $ 437,642
Fee income 2,707 2,342 9,081 7,669
Other revenue 131 158 798 315
Total revenues 252,057 221,518 497,934 445,626
Net allowance charges (1,196) (2,834) (7,291) (3,759)
Operating expenses:        
Compensation and employee services 79,808 80,690 159,453 161,927
Legal collection fees 14,297 10,343 27,356 21,012
Legal collection costs 33,121 18,695 68,350 40,938
Agency fees 13,013 8,138 27,045 16,416
Outside fees and services 16,293 14,565 31,541 28,723
Communication 10,824 10,782 24,025 22,339
Rent and occupancy 4,491 4,003 8,854 8,317
Depreciation and amortization 4,723 4,525 9,295 9,454
Other operating expenses 10,926 11,628 22,511 23,812
Total operating expenses 187,496 163,369 378,430 332,938
Income from operations 63,365 55,315 112,213 108,929
Other income and (expense):        
Interest expense, net (36,027) (31,124) (70,008) (56,905)
Foreign exchange (311) 1,690 5,953 2,983
Other 248 (400) (104) (157)
Income before income taxes 27,275 25,481 48,054 54,850
Income tax expense 5,075 3,857 8,942 9,994
Net income 22,200 21,624 39,112 44,856
Adjustment for net income attributable to noncontrolling interests 3,581 2,036 5,266 4,162
Net income attributable to PRA Group, Inc. $ 18,619 $ 19,588 $ 33,846 $ 40,694
Net income per common share attributable to PRA Group, Inc.:        
Basic (in dollars per share) $ 0.41 $ 0.43 $ 0.75 $ 0.90
Diluted (in dollars per share) $ 0.41 $ 0.43 $ 0.74 $ 0.90
Weighted average number of shares outstanding:        
Basic (shares) 45,387 45,283 45,363 45,257
Diluted (shares) 45,495 45,449 45,457 45,410