Segment Information

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company organizes its operations into two reportable segments as follows:

• U.S. operations - Includes all pawn and consumer loan operations in the U.S.

• Latin America operations - Includes all pawn and consumer loan operations in Latin America, which currently includes operations in Mexico, Guatemala and El Salvador

The following tables present reportable segment information for the three and six month periods ended June 30, 2017 and 2016:

	Three Months Ended June 30, 2017
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	164,852	$	78,970	$	—		$	243,822
Pawn loan fees	90,254		32,378		—			122,632
Consumer loan and credit services fees	18,085		444		—			18,529
Wholesale scrap jewelry sales	26,136		5,510		—			31,646
Total revenue	299,327		117,302		—			416,629
Cost of revenue:
Cost of retail merchandise sold	106,731		49,742		—			156,473
Consumer loan and credit services loss provision	5,057		85		—			5,142
Cost of wholesale scrap jewelry sold	25,400		5,190		—			30,590
Total cost of revenue	137,188		55,017		—			192,205
Net revenue	162,139		62,285		—			224,424
Expenses and other income:
Store operating expenses	105,521		31,549		—			137,070
Administrative expenses	—		—		30,305			30,305
Depreciation and amortization	6,421		2,622		5,646			14,689
Interest expense	—		—		5,585			5,585
Interest income	—		—		(393		)	(393		)
Merger and other acquisition expenses	—		—		1,606			1,606
Loss on extinguishment of debt	—		—		14,094			14,094
Total expenses and other income	111,942		34,171		56,843			202,956
Income before income taxes	$	50,197	$	28,114	$	(56,843	)	$	21,468

	Three Months Ended June 30, 2016
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	47,065	$	68,478	$	—		$	115,543
Pawn loan fees	21,844		30,034		—			51,878
Consumer loan and credit services fees	4,419		497		—			4,916
Wholesale scrap jewelry sales	6,070		3,572		—			9,642
Total revenue	79,398		102,581		—			181,979
Cost of revenue:
Cost of retail merchandise sold	29,043		42,302		—			71,345
Consumer loan and credit services loss provision	1,198		122		—			1,320
Cost of wholesale scrap jewelry sold	5,097		2,756		—			7,853
Total cost of revenue	35,338		45,180		—			80,518
Net revenue	44,060		57,401		—			101,461
Expenses and other income:
Store operating expenses	26,847		27,731		—			54,578
Administrative expenses	—		—		16,509			16,509
Depreciation and amortization	1,423		2,667		857			4,947
Interest expense	—		—		4,326			4,326
Interest income	—		—		(224		)	(224		)
Merger and other acquisition expenses	—		—		4,079			4,079
Total expenses and other income	28,270		30,398		25,547			84,215
Income before income taxes	$	15,790	$	27,003	$	(25,547	)	$	17,246

	Six Months Ended June 30, 2017
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	358,518	$	145,298	$	—		$	503,816
Pawn loan fees	192,072		58,811		—			250,883
Consumer loan and credit services fees	38,900		849		—			39,749
Wholesale scrap jewelry sales	59,033		10,724		—			69,757
Total revenue	648,523		215,682		—			864,205
Cost of revenue:
Cost of retail merchandise sold	230,228		91,880		—			322,108
Consumer loan and credit services loss provision	9,047		187		—			9,234
Cost of wholesale scrap jewelry sold	56,082		9,457		—			65,539
Total cost of revenue	295,357		101,524		—			396,881
Net revenue	353,166		114,158		—			467,324
Expenses and other income:
Store operating expenses	213,489		60,325		—			273,814
Administrative expenses	—		—		63,543			63,543
Depreciation and amortization	12,840		5,019		11,073			28,932
Interest expense	—		—		11,698			11,698
Interest income	—		—		(720		)	(720		)
Merger and other acquisition expenses	—		—		2,253			2,253
Loss on extinguishment of debt	—		—		14,094			14,094
Total expenses and other income	226,329		65,344		101,941			393,614
Income before income taxes	$	126,837	$	48,814	$	(101,941	)	$	73,710

	Six Months Ended June 30, 2016
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	102,126	$	132,193	$	—		$	234,319
Pawn loan fees	46,089		57,222		—			103,311
Consumer loan and credit services fees	9,628		974		—			10,602
Wholesale scrap jewelry sales	10,864		6,086		—			16,950
Total revenue	168,707		196,475		—			365,182
Cost of revenue:
Cost of retail merchandise sold	62,710		83,057		—			145,767
Consumer loan and credit services loss provision	2,105		262		—			2,367
Cost of wholesale scrap jewelry sold	8,959		4,765		—			13,724
Total cost of revenue	73,774		88,084		—			161,858
Net revenue	94,933		108,391		—			203,324
Expenses and other income:
Store operating expenses	54,716		55,273		—			109,989
Administrative expenses	—		—		33,777			33,777
Depreciation and amortization	2,921		5,317		1,646			9,884
Interest expense	—		—		8,786			8,786
Interest income	—		—		(498		)	(498		)
Merger and other acquisition expenses	—		—		4,479			4,479
Total expenses and other income	57,637		60,590		48,190			166,417
Income before income taxes	$	37,296	$	47,801	$	(48,190	)	$	36,907