0001185348-21-000011.txt : 20210506 0001185348-21-000011.hdr.sgml : 20210506 20210506161508 ACCESSION NUMBER: 0001185348-21-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20210506 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20210506 DATE AS OF CHANGE: 20210506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRA GROUP INC CENTRAL INDEX KEY: 0001185348 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES [7320] IRS NUMBER: 753078675 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50058 FILM NUMBER: 21897945 BUSINESS ADDRESS: STREET 1: 120 CORPORATE BLVD STE 100 CITY: NORFOLK STATE: VA ZIP: 23502 BUSINESS PHONE: 7575199300X3023 MAIL ADDRESS: STREET 1: 120 CORPORATE BLVD STE 100 CITY: NORFOLK STATE: VA ZIP: 23502 FORMER COMPANY: FORMER CONFORMED NAME: PORTFOLIO RECOVERY ASSOCIATES INC DATE OF NAME CHANGE: 20020903 8-K 1 praa-20210506.htm 8-K praa-20210506
false000118534800011853482021-05-062021-05-06

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):May 6, 2021
PRA Group, Inc.
_________________________________________
(Exact name of registrant as specified in its charter)
Delaware000-5005875-3078675
(State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
120 Corporate Boulevard
Norfolk, Virginia23502
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code:(888)772-7326
Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par value per sharePRAANASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐



Item 2.02 Results of Operations and Financial Condition.

On May 6, 2021, PRA Group, Inc. (the “Company”) issued a press release announcing its first quarter 2021 results. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated into this Item 2.02 by reference.

Item 7.01 Regulation FD Disclosure.

The slide presentation being used in connection with the Company’s previously announced May 6, 2021 webcast and conference call to discuss its first quarter 2021 results is available in the Investor Relations section of the Company’s website at https://ir.pragroup.com/events-and-presentations.

None of the information furnished in Item 2.02, Item 7.01 or Exhibit 99.1 of this Form 8-K shall be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that Section. Unless expressly set forth by specific reference in such filings, none of the information furnished in this Form 8-K shall be incorporated by reference in any filing under the Securities Act of 1933, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings.

Item 9.01 Financial Statements and Exhibits
(d)Exhibits
104Cover Page Interactive Data File (embedded within the Inline XBRL document)




SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PRA Group, Inc.
Date: May 6, 2021By:/s/ Peter M. Graham
Peter M. Graham
Executive Vice President and Chief Financial Officer




 EX-99.1 2 newearningreleaseq12021.htm EX-99.1 Document

pralogoa061a.gif

PRA Group Reports First Quarter 2021 Results

NORFOLK, Va., May 06, 2021 - PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2021. The Company reported net income attributable to PRA Group Inc. of $58.4 million in the first quarter, compared with $19.1 million in the prior year period. Diluted earnings per share were $1.27 versus $0.42 in the first quarter of 2020.

First Quarter Highlights (compared to the first quarter of 2020, unless otherwise indicated)
•Record total cash collections which increased 12% to $555.9 million.
•Record total revenues which increased 15% to $289.5 million.
•Income from operations increased 83% to $110.8 million.
•Cash efficiency ratio1 of 68.0% during the quarter compared to 61.5% in the first quarter of 2020.
•Net income attributable to PRA Group, Inc. increased 205% to $58.4 million.
•Diluted earnings per share increased 202% to $1.27.
•Debt to Adjusted EBITDA2 for the last 12 months decreased to 1.77x from 1.99x at December 31, 2020.
•Total portfolio purchases of $159.0 million.
•Estimated remaining collections (ERC) of $6.1 billion.
•$1.2 billion available for portfolio purchases.

“PRA started 2021 with another record setting quarter. We collected record levels of cash globally and had record revenues. In Europe, solid portfolio purchases in 2020 drove record collections. In the U.S., we continued to see strong collections particularly in our call centers and digital platform. These results combined with increases in productivity helped to produce a near record cash efficiency ratio for the quarter,” said Kevin Stevenson, president and chief executive officer. “Portfolio purchases during the quarter increased sequentially in the U.S. The market remains stable with little change in seller behavior; however, lower charge off rates are pushing forward flow volumes to the lower end of the contracted range. In Europe, we were pleased with our investment volume in what is normally a seasonally slower quarter. We have solid volumes of forward flows secured, believe the pipeline in Europe is larger than what 2020 offered, and were awarded our first portfolio, a forward flow, in Australia.”

Cash Collections and Revenues
•The following table presents cash collections by quarter and by source on an as reported and constant currency-adjusted basis:

1.Calculated by dividing cash receipts less operating expense by cash receipts.
2.A reconciliation of this non-GAAP financial measure to the most comparable GAAP measure can be found at the end of this press release.

Cash Collection Source20212020
($ in thousands)Q1Q4Q3Q2Q1
Americas and Australia Core$347,638 $286,524 $336,322 $343,269 $305,780 
Americas Insolvency35,253 36,048 37,344 38,685 43,210 
Europe Core149,486 141,471 131,702 115,145 131,340 
Europe Insolvency23,510 17,830 13,971 12,841 14,243 
Total Cash Collections$555,887 $481,873 $519,339 $509,940 $494,573 
Cash Collection Source -
Constant Currency Adjusted20212020
($ in thousands)Q1Q1
Americas and Australia Core$347,638 $301,696 
Americas Insolvency35,253 43,239 
Europe Core149,486 142,004 
Europe Insolvency23,510 15,366 
Total Cash Collections$555,887 $502,305 

•Cash collections in the quarter increased $61.3 million compared to the first quarter of 2020. The increase was primarily due to a 32% increase in U.S. call center and other cash collections and a 19% increase in Europe cash collections. This increase was partially offset by a decrease in U.S. legal and Americas Insolvency cash collections. While cash collections decreased in Other Americas Core, this decrease was primarily driven by foreign exchange rates.
•Portfolio income was $231.7 million compared to $262.0 million in the first quarter of 2020. This decrease was primarily driven by the Company's assumption that the significant cash overperformance in 2020 was largely acceleration versus an increase in total estimated collections, combined with recent purchases not offsetting runoff, primarily in Americas Insolvency and Other Americas.
•Changes in expected recoveries were a net positive of $50.1 million. This amount reflects $103.0 million in recoveries received in excess of forecast from overperformance during the quarter, partially offset by a negative $52.9 million adjustment for changes in expected future recoveries. The Company has assumed that the majority of the current quarter overperformance is acceleration of future collections and made cash forecast adjustments deemed appropriate given the current environment.

Expenses
•Operating expenses in the quarter decreased $12.5 million compared to the first quarter of 2020. The decrease was primarily driven by a reduction in legal collection costs mainly as a result of a shift in collections from the legal channel to the call centers and digital platforms. This decrease was partially offset by an increase in agency fees primarily outside of the U.S.
•Interest expense, net decreased $5.7 million compared to the first quarter of 2020 primarily due to the Company's early adoption of the new accounting for convertible debt as well as lower outstanding balances.
•The effective tax rate for the first quarter of 2021 was 21.9%.

Portfolio Acquisitions
•The Company purchased $159.0 million in finance receivables in the first quarter of 2021.
•At the end of the first quarter, the Company had in place forward flow commitments of up to $640.7 million with $452.7 million in the Americas and Australia and $188.0 million in Europe.


Portfolio Purchase Source20212020
($ in thousands)Q1Q4Q3Q2Q1
Americas and Australia Core$88,912 $67,460 $84,139 $110,474 $172,697 
Americas Insolvency9,486 12,504 14,328 14,527 20,772 
Europe Core44,095 137,647 74,930 34,247 60,990 
Europe Insolvency16,468 72,171 4,203 5,251 18,778 
Total Portfolio Acquisitions$158,961 $289,782 $177,600 $164,499 $273,237 

Conference Call Information
PRA Group, Inc. will hold a conference call today at 5:00 p.m. ET to discuss results with institutional investors and stock analysts. To listen to a webcast of the call and view the accompanying slides, visit https://ir.pragroup.com/events-and-presentations. To listen by phone, call 844-835-9982 in the U.S. or 412-317-5267 outside the U.S. and ask for the PRA Group conference call. To listen to a replay of the call, either visit the same website until May 6, 2022, or call 877-344-7529 in the U.S. or 412-317-0088 outside the U.S. and use access code 10155063 until May 13, 2021.

About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group, Inc. companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.

About Forward Looking Statements
Statements made herein that are not historical in nature, including PRA Group, Inc.’s or its management's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

The forward-looking statements in this press release are based upon management's current beliefs, estimates, assumptions and expectations of PRA Group, Inc.’s future operations and financial and economic performance, taking into account currently available information. These statements are not statements of historical fact or guarantees of future performance, and there can be no assurance that anticipated events will transpire or that our expectations will prove to be correct. Forward-looking statements involve risks and uncertainties, some of which are not currently known to PRA Group, Inc. Actual events or results may differ materially from those expressed or implied in any such forward-looking statements as a result of various factors, including risk factors and other risks that are described from time to time in PRA Group, Inc.’s filings with the Securities and Exchange Commission, including PRA Group, Inc.’s annual reports on Form 10-K, its quarterly reports on Form 10-Q and its current reports on Form 8-K, which are available through PRA Group, Inc.'s website and contain a detailed discussion of PRA Group, Inc.'s business, including risks and uncertainties that may affect future results.

Due to such uncertainties and risks, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of today. Information in this press release may be superseded by more recent information or statements, which may be disclosed in later press releases, subsequent filings with the Securities and Exchange Commission or otherwise. Except as required by law, PRA Group, Inc. assumes no obligation to publicly update or revise its forward-looking statements contained herein to reflect any change in PRA Group, Inc.’s expectations with regard thereto or to reflect any change in events, conditions or circumstances on which any such forward-looking statements are based, in whole or in part.




PRA Group, Inc.
Unaudited Consolidated Income Statements
(Amounts in thousands, except per share amounts)
Three Months Ended March 31,
20212020
Revenues:
Portfolio income$231,672 $262,022 
Changes in expected recoveries50,136 (12,816)
Fee income2,181 2,209 
Other revenue5,480 369 
Total revenues289,469 251,784 
Operating expenses:
Compensation and employee services73,984 75,171 
Legal collection fees12,926 14,572 
Legal collection costs21,312 34,447 
Agency fees15,591 13,376 
Outside fees and services20,760 19,394 
Communication12,663 13,511 
Rent and occupancy4,480 4,484 
Depreciation and amortization3,981 4,084 
Other operating expenses13,018 12,205 
Total operating expenses178,715 191,244 
   Income from operations110,754 60,540 
Other income and (expense):
Interest expense, net(31,552)(37,211)
Foreign exchange (loss)/gain(26)2,283 
Other26 (76)
Income before income taxes79,202 25,536 
Income tax expense17,322 3,100 
Net income61,880 22,436 
Adjustment for net income attributable to noncontrolling interests3,474 3,301 
Net income attributable to PRA Group, Inc.$58,406 $19,135 
Net income per common share attributable to PRA Group, Inc.:
Basic$1.28 $0.42 
Diluted$1.27 $0.42 
Weighted average number of shares outstanding:
Basic45,669 45,452 
Diluted46,045 45,784 



PRA Group, Inc.
Consolidated Balance Sheets
(Amounts in thousands)
(unaudited)
March 31, 2021December 31,
2020
Assets
Cash and cash equivalents$92,798 $108,613 
Restricted cash16,057 12,434 
Investments54,682 55,759 
Finance receivables, net3,372,666 3,514,788 
Other receivables, net3,223 13,194 
Income taxes receivable27,246 21,928 
Deferred tax assets, net72,523 83,205 
Right-of-use assets50,839 52,951 
Property and equipment, net56,825 58,356 
Goodwill492,751 492,989 
Other assets38,920 38,844 
Total assets$4,278,530 $4,453,061 
Liabilities and Equity
Liabilities:
Accounts payable$4,817 $5,294 
Accrued expenses76,684 97,320 
Income taxes payable31,853 29,692 
Deferred tax liabilities, net39,739 40,867 
Lease liabilities55,322 57,348 
Interest-bearing deposits124,998 132,739 
Borrowings2,501,133 2,661,289 
Other liabilities40,755 54,986 
Total liabilities2,875,301 3,079,535 
Equity:
Preferred stock, $0.01 par value, 2,000 shares authorized, no shares issued and outstanding— — 
Common stock, $0.01 par value, 100,000 shares authorized, 45,799 shares issued and outstanding at March 31, 2021; 100,000 shares authorized, 45,585 shares issued and outstanding at December 31, 2020458 456 
Additional paid-in capital47,236 75,282 
Retained earnings1,582,384 1,511,970 
Accumulated other comprehensive loss(253,576)(245,791)
Total stockholders' equity - PRA Group, Inc.1,376,502 1,341,917 
Noncontrolling interest26,727 31,609 
Total equity1,403,229 1,373,526 
Total liabilities and equity$4,278,530 $4,453,061 






Select Expenses (Income)
Amounts in thousands, pre-tax
Three Months Ended
March 31,
2021		December 31,
2020		September 30,
2020		June 30,
2020		March 31,
2020		December 31,
2019		September 30,
2019		June 30,
2019
Acquisition/divestiture-related expenses— — — — — — — 227 
Legal costs not associated with normal operations— — — — — — — — 
Noncash interest expense - amortization of debt discount— 1,959 2,388 3,247 3,217 3,157 3,128 3,071 
Noncash interest expense - amortization of debt issuance costs2,256 2,393 2,476 2,743 2,640 2,649 2,649 2,655 
Change in fair value of derivatives3,102 3,875 3,701 3,284 2,039 1,247 1,126 1,645 
Amortization of intangibles181 1,792 360 351 349 407 400 418 
Stock-based compensation expense4,113 5,370 3,097 3,063 2,857 2,809 2,974 2,620 



Purchase Price Multiples
as of March 31, 2021
Amounts in thousands
Purchase Period
Purchase Price (1)(2)
Total Estimated Collections (3)
Estimated Remaining Collections (4)
Current Estimated Purchase Price Multiple
Original Estimated Purchase Price Multiple (5)
Americas and Australia Core
1996-2010$1,078,219 $3,397,952 $24,585 315%240%
2011209,602 719,618 15,897 343%245%
2012254,076 652,293 18,061 257%226%
2013390,826 894,640 30,051 229%211%
2014404,117 859,775 45,345 213%204%
2015443,114 913,857 106,551 206%205%
2016455,767 1,098,295 207,608 241%201%
2017532,851 1,211,584 325,675 227%193%
2018653,975 1,368,879 447,682 209%202%
2019581,476 1,239,777 622,713 213%206%
2020435,668 931,493 717,342 214%213%
202188,822 188,644 184,196 212%212%
Subtotal5,528,513 13,476,807 2,745,706 
Americas Insolvency
1996-2010606,395 1,382,677 920 228%180%
2011180,432 370,183 493 205%155%
2012251,395 392,723 184 156%136%
2013227,834 354,943 651 156%133%
2014148,420 218,432 1,695 147%124%
201563,170 87,087 876 138%125%
201691,442 117,159 6,736 128%123%
2017275,257 349,209 51,318 127%125%
201897,879 131,461 58,999 134%127%
2019123,077 158,692 105,361 129%128%
202062,130 84,972 75,489 137%136%
20219,486 13,185 13,168 139%139%
Subtotal2,136,917 3,660,723 315,890 
Total Americas and Australia7,665,430 17,137,530 3,061,596 
Europe Core
201220,409 41,543 — 204%187%
201320,334 25,653 — 126%119%
2014773,811 2,240,653 586,113 290%208%
2015411,340 725,713 250,732 176%160%
2016333,090 562,194 285,405 169%167%
2017252,174 354,024 184,108 140%144%
2018341,775 529,154 346,370 155%148%
2019518,610 776,604 587,133 150%152%
2020324,119 557,506 491,301 172%172%
202143,635 77,780 76,397 178%178%
Subtotal3,039,297 5,890,824 2,807,559 
Europe Insolvency
201410,876 18,228 130 168%129%
201518,973 29,018 1,997 153%139%
201639,338 56,926 8,784 145%130%
201739,235 49,255 17,707 126%128%
201844,908 52,080 32,060 116%123%
201977,218 101,866 72,242 132%130%
2020105,440 135,896 121,891 129%129%
202116,621 20,786 20,151 125%125%
Subtotal352,609 464,055 274,962 
Total Europe3,391,906 6,354,879 3,082,521 
Total PRA Group$11,057,336 $23,492,409 $6,144,117 
(1)Includes the acquisition date finance receivables portfolios that were acquired through our business acquisitions.
(2)For our non-U.S. amounts, purchase price is presented at the exchange rate at the end of the year in which the portfolio was purchased. In addition, any purchase price adjustments that occur throughout the life of the portfolio are presented at the year-end exchange rate for the respective year of purchase.
(3)For our non-U.S. amounts, TEC is presented at the year-end exchange rate for the respective year of purchase.
(4)For our non-U.S. amounts, ERC is presented at the March 31, 2021 exchange rate.
(5)The Original Estimated Purchase Price Multiple represents the purchase price multiple at the end of the year of acquisition.


Portfolio Financial Information
Year-to-date as of March 31, 2021
Amounts in thousands
Purchase Period
Cash
Collections (1)
Portfolio Income (1)
Change in Expected Recoveries (1)
Total Portfolio Revenue (1)(2)
Net Finance Receivables as of March 31, 2021 (3)
Americas and Australia Core
1996-2010$3,726 $2,319 $447 $2,766 $5,178 
20112,259 1,405 309 1,714 2,596 
20122,786 1,286 375 1,661 5,638 
20134,968 2,526 (351)2,175 13,495 
20146,937 3,494 (2,154)1,340 19,677 
201511,958 6,355 (4,961)1,394 45,306 
201624,893 11,990 3,908 15,898 84,015 
201741,722 18,236 3,937 22,173 145,799 
201875,462 25,404 10,591 35,995 245,467 
201988,246 35,129 6,417 41,546 331,169 
202080,231 35,446 16,613 52,059 369,418 
20214,450 2,728 838 3,566 87,902 
Subtotal347,638 146,318 35,969 182,287 1,355,660 
Americas Insolvency
1996-2010181 186 (5)181 — 
201176 73 3 76 — 
2012190 72 120 192 — 
2013201 181 20 201 — 
2014298 355 (90)265 190 
2015446 247 (202)45 497 
20162,727 491 241 732 5,429 
201711,752 2,621 468 3,089 43,107 
20187,812 1,778 751 2,529 50,368 
20198,594 2,488 (1,786)702 89,380 
20202,960 1,897 535 2,432 57,174 
202116 101 (14)87 9,553 
Subtotal35,253 10,490 41 10,531 255,698 
Total Americas and Australia382,891 156,808 36,010 192,818 1,611,358 
Europe Core
2012283 — 283 283 — 
2013171 — 171 171 — 
201437,843 25,589 7,184 32,773 159,401 
201513,464 7,427 (6,091)1,336 130,541 
201611,956 6,431 (649)5,782 164,228 
20179,565 3,191 (1,076)2,115 127,233 
201818,365 6,289 4,576 10,865 226,773 
201932,020 10,111 2,450 12,561 390,892 
202024,425 9,595 4,578 14,173 293,315 
20211,394 210 1,015 1,225 43,431 
Subtotal149,486 68,843 12,441 81,284 1,535,814 
Europe Insolvency
201488 48 6 54 55 
2015530 225 5 230 1,335 
20161,762 546 118 664 6,487 
20172,484 398 140 538 15,696 
20182,967 640 (764)(124)27,919 
20196,222 1,554 183 1,737 59,244 
20208,817 2,410 850 3,260 98,227 
2021640 200 1,147 1,347 16,531 
Subtotal23,510 6,021 1,685 7,706 225,494 
Total Europe172,996 74,864 14,126 88,990 1,761,308 
Total PRA Group$555,887 $231,672 $50,136 $281,808 $3,372,666 
(1)For our non-U.S. amounts, amounts are presented using the average exchange rates during the current reporting period.
(2)Total Portfolio Revenue refers to Portfolio Income and Changes in Expected Recoveries combined.
(3)For our non-U.S. amounts, Net Finance Receivables are presented at the March 31, 2021 exchange rate.


Cash Collections by Year, By Year of Purchase (1)
as of March 31, 2021
Amounts in millions
Cash Collections
Purchase Period
Purchase Price (2)(3)
1996-201020112012201320142015201620172018201920202021Total
Americas and Australia Core
1996-2010$1,078.2 $1,990.5 $367.1 $311.5 $228.4 $157.7 $109.3 $70.2 $46.0 $34.4 $28.4 $18.8 $3.7 $3,366.0 
2011209.6 — 62.0 174.5 152.9 108.5 73.8 48.7 32.0 21.6 16.6 10.9 2.3 703.8 
2012254.1 — — 56.9 173.6 146.2 97.3 60.0 40.0 27.8 17.9 11.8 2.8 634.3 
2013390.8 — — — 101.6 247.8 194.0 120.8 78.9 56.4 36.9 23.2 5.0 864.6 
2014404.1 — — — — 92.7 253.4 170.3 114.2 82.2 55.3 31.9 6.9 806.9 
2015443.1 — — — — — 117.0 228.4 185.9 126.6 83.6 57.2 12.0 810.7 
2016455.8 — — — — — — 138.7 256.5 194.6 140.6 105.9 24.9 861.2 
2017532.9 — — — — — — — 107.3 278.7 256.5 192.5 41.7 876.7 
2018654.0 — — — — — — — — 122.7 361.9 337.7 75.5 897.8 
2019581.5— — — — — — — — — 143.8 349.0 88.2 581.0 
2020435.7 — — — — — — — — — — 133.0 80.2 213.2 
202188.8 — — — — — — — — — — — 4.4 4.4 
Subtotal5,528.6 1,990.5 429.1 542.9 656.5 752.9 844.8 837.1 860.8 945.0 1,141.5 1,271.9 347.6 10,620.6 
Americas Insolvency
1996-2010606.4 390.9 261.2 270.4 231.0 158.9 51.2 8.6 4.6 2.5 1.4 0.8 0.2 1,381.7 
2011180.4 — 15.2 66.4 82.8 85.8 76.9 36.0 3.7 1.6 0.7 0.5 0.1 369.7 
2012251.4 — — 17.4 103.6 94.1 80.1 60.7 29.3 4.3 1.9 0.9 0.2 392.5 
2013227.8 — — — 52.5 82.6 81.7 63.4 47.8 21.9 2.9 1.3 0.2 354.3 
2014148.4 — — — — 37.0 50.9 44.3 37.4 28.8 15.8 2.2 0.3 216.7 
201563.2 — — — — — 3.4 17.9 20.1 19.8 16.7 7.9 0.4 86.2 
201691.4 — — — — — — 18.9 30.4 25.0 19.9 14.4 2.7 111.3 
2017275.3 — — — — — — — 49.1 97.3 80.9 58.8 11.8 297.9 
201897.9 — — — — — — — — 6.7 27.4 30.5 7.8 72.4 
2019123.1 — — — — — — — — — 13.3 31.4 8.6 53.3 
202062.1 — — — — — — — — — — 6.6 3.0 9.6 
20219.5 — — — — — — — — — — — — — 
Subtotal2,136.9 390.9 276.4 354.2 469.9 458.4 344.2 249.8 222.4 207.9 180.9 155.3 35.3 3,345.6 
Total Americas and Australia7,665.5 2,381.4 705.5 897.1 1,126.4 1,211.3 1,189.0 1,086.9 1,083.2 1,152.9 1,322.4 1,427.2 382.9 13,966.2 
Europe Core
201220.4 — — 11.6 9.0 5.6 3.2 2.2 2.0 2.0 1.5 1.2 0.3 38.6 
201320.3 — — — 7.1 8.5 2.3 1.3 1.2 1.3 0.9 0.7 0.2 23.5 
2014773.8 — — — — 153.2 292.0 246.4 220.8 206.3 172.9 149.8 37.8 1,479.2 
2015411.3 — — — — — 45.8 100.3 86.2 80.9 66.1 54.3 13.4 447.0 
2016333.1 — — — — — — 40.4 78.9 72.6 58.0 48.3 12.0 310.2 
2017252.2 — — — — — — — 17.9 56.0 44.1 36.1 9.6 163.7 
2018341.8 — — — — — — — — 24.3 88.7 71.2 18.4 202.6 
2019518.6 — — — — — — — — — 47.9 125.7 32.0 205.6 
2020324.1 — — — — — — — — — — 32.4 24.4 56.8 
202143.6 — — — — — — — — — — — 1.4 1.4 
Subtotal3,039.2 — — 11.6 16.1 167.3 343.3 390.6 407.0 443.4 480.1 519.7 149.5 2,928.6 
Europe Insolvency
201410.9 — — — — — 4.3 3.9 3.2 2.6 1.5 0.8 0.1 16.4 
201519.0 — — — — — 3.0 4.4 5.0 4.8 3.9 2.9 0.5 24.5 
201639.3 — — — — — — 6.2 12.7 12.9 10.7 7.9 1.8 52.2 
201739.2 — — — — — — — 1.2 7.9 9.2 9.8 2.5 30.6 
201844.9 — — — — — — — — 0.6 8.4 10.3 3.0 22.3 
201977.2 — — — — — — — — — 5.1 21.1 6.2 32.4 
2020105.4 — — — — — — — — — — 6.1 8.8 14.9 
202116.7 — — — — — — — — — — — 0.6 0.6 
Subtotal352.6 — — — — — 7.3 14.5 22.1 28.8 38.8 58.9 23.5 193.9 
Total Europe3,391.8 — — 11.6 16.1 167.3 350.6 405.1 429.1 472.2 518.9 578.6 173.0 3,122.5 
Total PRA Group$11,057.3 $2,381.4 $705.5 $908.7 $1,142.5 $1,378.6 $1,539.6 $1,492.0 $1,512.3 $1,625.1 $1,841.3 $2,005.8 $555.9 $17,088.7 
(1)For our non-U.S. amounts, cash collections are presented using the average exchange rates during the cash collection period.
(2)Includes the finance receivables portfolios that were acquired through our business acquisitions.
(3)For our non-U.S. amounts, purchase price is presented at the exchange rate at the end of the year in which the portfolio was purchased. In addition, any purchase price adjustments that occur throughout the life of the pool are presented at the year-end exchange rate for the respective year of purchase.



Use of Non-GAAP Financial Measures

PRA Group, Inc. reports financial results in accordance with U.S. generally accepted accounting principles (GAAP). However, management uses certain non-GAAP financial measures, including Adjusted EBITDA, internally to evaluate the Company’s performance and to set performance goals. Adjusted EBITDA is calculated as net income attributable to PRA Group, Inc. plus income tax expense; less foreign exchange gain (or plus foreign exchange loss); plus interest expense, net; plus other expense; plus depreciation and amortization; plus adjustment for net income attributable to noncontrolling interests; and plus recoveries applied to negative allowance less changes in expected recoveries. Adjusted EBITDA is a supplemental measure of performance that is not required by, or presented in accordance with, GAAP. PRA Group, Inc. presents Adjusted EBITDA because the Company considers it an important supplemental measure of operations and financial performance. Management believes Adjusted EBITDA helps provide enhanced period-to-period comparability of operations and financial performance and is useful to investors as other companies in the industry report similar financial measures. Adjusted EBITDA should not be considered as an alternative to net income determined in accordance with GAAP. Set forth below is a reconciliation of Adjusted EBITDA for the last twelve months (LTM) ended March 31, 2021 and for the year ended December 31, 2020, to net income, the most directly comparable financial measure calculated and reported in accordance with GAAP. The calculation of Adjusted EBITDA below may not be comparable to the calculation of similarly titled measures reported by other companies.

Reconciliation of Non-GAAP Financial Measures
LTMFor the Year Ended
Adjusted EBITDA for PRA Group ($ in millions)March 31, 2021December 31, 2020
Net income attributable to PRA Group, Inc.$189 $149 
Adjustments:
Income tax expense55 41 
Foreign exchange losses/(gains)— (2)
Interest expense, net136 142 
Other expense1 1 
Depreciation and amortization18 18 
Adjustment for net income attributable to noncontrolling interests19 18 
Recoveries applied to negative allowance less Changes in expected recoveries997 968 
Adjusted EBITDA$1,416 $1,337 

Additionally, The Company evaluates our business using certain ratios that use Adjusted EBITDA. Debt to Adjusted EBITDA is calculated by dividing borrowings by Adjusted EBITDA. The following table reflects our Debt to Adjusted EBITDA for LTM as of March 31, 2021 and for the year ended December 31, 2020 (amounts in millions):
Debt to Adjusted EBITDA
LTMFor the Year Ended
March 31, 2021December 31, 2020
Borrowings$2,501 $2,661 
LTM Adjusted EBITDA1,416 1,337 
Debt to LTM Adjusted EBITDA1.77 1.99 




Investor Contact:
Darby Schoenfeld
Vice President, Investor Relations
(757) 431-7913
Darby.Schoenfeld@PRAGroup.com

News Media Contact:
Elizabeth Kersey
Vice President, Communications and Public Policy
(757) 431-3398
Elizabeth.Kersey@PRAGroup.com

 EX-101.SCH 3 praa-20210506.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0001001 - Document - Cover Page link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 praa-20210506_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 praa-20210506_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 6 praa-20210506_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Document Type Document Type Entity Address, Postal Zip Code Entity Address, Postal Zip Code Local Phone Number Local Phone Number Amendment Flag Amendment Flag Written Communications Written Communications City Area Code City Area Code Title of 12(b) Security Title of 12(b) Security Entity Address, State or Province Entity Address, State or Province Security Exchange Name Security Exchange Name Soliciting Material Soliciting Material Document Period End Date Document Period End Date Entity Address, City or Town Entity Address, City or Town Entity Tax Identification Number Entity Tax Identification Number Cover [Abstract] Cover [Abstract] Pre-commencement Issuer Tender Offer Pre-commencement Issuer Tender Offer Pre-commencement Tender Offer Pre-commencement Tender Offer Entity Address, Address Line One Entity Address, Address Line One Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Entity Emerging Growth Company Entity Emerging Growth Company Entity Registrant Name Entity Registrant Name Entity File Number Entity File Number Entity Central Index Key Entity Central Index Key Trading Symbol Trading Symbol EX-101.PRE 7 praa-20210506_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 8 pralogoa061a.gif begin 644 pralogoa061a.gif M1TE&.#EA$ +G ' "'Y! $ /\ + 0 N< A____^;F6A"]_X2$A*W6 M

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end XML 9 praa-20210506_htm.xml IDEA: XBRL DOCUMENT 0001185348 2021-05-06 2021-05-06 false 0001185348 8-K 2021-05-06 PRA Group, Inc. DE 000-50058 75-3078675 120 Corporate Boulevard Norfolk, VA 23502 (888) 772-7326 false false false false Common Stock, $0.01 par value per share PRAA NASDAQ false XML 10 R1.htm IDEA: XBRL DOCUMENT v3.21.1
Cover Page
May 06, 2021
Cover [Abstract]  
Document Type 8-K
Document Period End Date May 06, 2021
Entity Registrant Name PRA Group, Inc.
Entity Incorporation, State or Country Code DE
Entity File Number 000-50058
Entity Tax Identification Number 75-3078675
Entity Address, Address Line One 120 Corporate Boulevard
Entity Address, City or Town Norfolk,
Entity Address, State or Province VA
Entity Address, Postal Zip Code 23502
City Area Code (888)
Local Phone Number 772-7326
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.01 par value per share
Trading Symbol PRAA
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0001185348

EXCEL 11 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 12 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 13 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 14 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.1 html 1 96 1 false 0 0 false 0 false false R1.htm 0001001 - Document - Cover Page Sheet http://www.portfoliorecovery.com/role/CoverPage Cover Page Cover 1 false false All Reports Book All Reports praa-20210506.htm newearningreleaseq12021.htm praa-20210506.xsd praa-20210506_cal.xml praa-20210506_def.xml praa-20210506_lab.xml praa-20210506_pre.xml http://xbrl.sec.gov/dei/2020-01-31 true true JSON 16 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "praa-20210506.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "calculationLink": { "local": [ "praa-20210506_cal.xml" ] }, "definitionLink": { "local": [ "praa-20210506_def.xml" ] }, "inline": { "local": [ "praa-20210506.htm" ] }, "labelLink": { "local": [ "praa-20210506_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2020/dei-doc-2020-01-31.xml" ] }, "presentationLink": { "local": [ "praa-20210506_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2020/dei-ref-2020-01-31.xml" ] }, "schema": { "local": [ "praa-20210506.xsd" ], "remote": [ "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd" ] } }, "elementCount": 23, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2020-01-31": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 96, "memberCustom": 0, "memberStandard": 0, "nsprefix": "praa", "nsuri": "http://www.portfoliorecovery.com/20210506", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "praa-20210506.htm", "contextRef": "i3aae793c41cc44419fedd4d640441885_D20210506-20210506", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0001001 - Document - Cover Page", "role": "http://www.portfoliorecovery.com/role/CoverPage", "shortName": "Cover Page", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "praa-20210506.htm", "contextRef": "i3aae793c41cc44419fedd4d640441885_D20210506-20210506", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]", "terseLabel": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer", "terseLabel": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer", "terseLabel": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.portfoliorecovery.com/role/CoverPage" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 17 0001185348-21-000011-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001185348-21-000011-xbrl.zip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