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Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Portfolio income $ 262,022 $ 0
Changes in expected recoveries (12,816) 0
Income recognized on finance receivables 0 238,836
Fee income 2,209 6,374
Other revenue 369 667
Total revenues 251,784 245,877
Net allowance charges 0 (6,095)
Operating expenses:    
Compensation and employee services 75,171 79,645
Legal collection fees 14,572 13,059
Legal collection costs 34,447 35,229
Agency fees 13,376 14,032
Outside fees and services 19,394 15,248
Communication 13,511 13,201
Rent and occupancy 4,484 4,363
Depreciation and amortization 4,084 4,572
Other operating expenses 12,205 11,585
Total operating expenses 191,244 190,934
Income from operations 60,540 48,848
Other income and (expense):    
Interest expense, net (37,211) (33,981)
Foreign exchange gain 2,283 6,264
Other (76) (352)
Income before income taxes 25,536 20,779
Income tax expense 3,100 3,867
Net income 22,436 16,912
Adjustment for net income attributable to noncontrolling interests 3,301 1,685
Net income attributable to PRA Group, Inc. $ 19,135 $ 15,227
Net income per common share attributable to PRA Group, Inc.:    
Basic (in dollars per share) $ 0.42 $ 0.34
Diluted (in dollars per share) $ 0.42 $ 0.34
Weighted average number of shares outstanding:    
Basic (shares) 45,452 45,338
Diluted (shares) 45,784 45,419