SEGMENT REPORTING

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

We prepare segment information on the same basis that our chief operating decision maker reviews financial information for operational decision making purposes. We have three reportable operating segments: the U.S., Canada and the U.K.

The segment performance measure below is based on gross margin. In management’s evaluation of performance, certain costs, such as corporate expenses, district expenses and interest expense, are not allocated by segment, and accordingly the following reporting segment results do not include such allocated costs. There are no intersegment revenues, and we determined the amounts below in accordance with the same accounting principles used in our Consolidated Financial Statements.

The following table illustrates summarized financial information concerning our reportable segments.

	Three Months Ended March 31,
(dollars in thousands)	2018		2017
Revenues by segment:
U.S.	$	204,593	$	174,322
Canada	46,250		41,566
U.K.	10,915		8,692
Consolidated revenue	$	261,758	$	224,580
Gross margin by segment:
U.S.	$	91,344	$	77,133
Canada	14,502		14,300
U.K.	3,399		3,472
Consolidated gross margin	$	109,245	$	94,905
Expenditures for long-lived assets by segment:
U.S.	$	788	$	1,672
Canada	754		1,291
U.K.	67		130
Consolidated expenditures for long-lived assets	$	1,609	$	3,093

The following table provides the proportion of gross loans receivable by segment:

(dollars in thousands)	March 31, 2018		December 31, 2017
U.S.	$	266,731	$	308,696
Canada	102,597		104,551
U.K.	20,510		19,590
Total gross loans receivable	$	389,838	$	432,837

The following table illustrates our net long-lived assets, comprised of property and equipment by geographic region. These amounts are aggregated on a legal entity basis and do not necessarily reflect where the asset is physically located:

(dollars in thousands)	March 31, 2018		December 31, 2017
U.S.	$	50,614	$	52,627
Canada	31,390		32,924
U.K.	1,518		1,535
Total net long-lived assets	$	83,522	$	87,086

Our chief operating decision maker does not review assets by segment for purposes of allocating resources or

decision-making purposes; therefore, total assets by segment are not disclosed.