OPERATING SEGMENT INFORMATION

Segment information is prepared on the same basis that our chief operating decision maker reviews financial information for operational decision-making purposes.

We currently report our segments as follows:


•	U.S. & Canada — All business activities in the United States and Canada


•	Latin America — All business activities in Mexico and other parts of Latin America


•	Other International — Our equity interest in the net income of Cash Converters International

There are no inter-segment revenues, and the amounts below were determined in accordance with the same accounting principles used in our consolidated financial statements. The following tables present operating segment information for the three years ending September 30, 2014, 2013 and 2012, including reclassifications discussed in Note 1.



	Fiscal Year Ended September 30, 2014
	U.S. & Canada			Latin America			Other International			Total Segments			Corporate Items			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	327,720		$	59,611		$	—		$	387,331		$	—		$	387,331
Jewelry scrapping sales	89,941			6,302			—			96,243			—			96,243
Pawn service charges	217,891			30,487			—			248,378			—			248,378
Consumer loan fees and interest	165,397			54,138			—			219,535			—			219,535
Consumer loan sales and other revenues	2,082			34,963			—			37,045			—			37,045
Total revenues	803,031			185,501			—			988,532			—			988,532
Merchandise cost of goods sold	205,349			42,044			—			247,393			—			247,393
Jewelry scrapping cost of goods sold	67,029			5,807			—			72,836			—			72,836
Consumer loan bad debt	46,339			6,867			—			53,206			—			53,206
Net revenues	484,314			130,783			—			615,097			—			615,097
Operating expenses (income):
Operations	335,881			84,469			—			420,350			—			420,350
Administrative	—			—			—			—			61,819			61,819
Depreciation	17,265			5,873			—			23,138			6,663			29,801
Amortization	399			2,004			—			2,403			3,072			5,475
(Gain) loss on sale or disposal of assets	(6,620		)	27			—			(6,593		)	964			(5,629		)
Interest expense (income), net	(16		)	15,243			—			15,227			7,605			22,832
Equity in net income of unconsolidated affiliates	—			—			(5,948		)	(5,948		)	—			(5,948		)
Restructuring	—			—			—			—			6,664			6,664
Impairment on investments	—			—			7,940			7,940			—			7,940
Other (income) expense	(5		)	(2,274		)	115			(2,164		)	1,257			(907		)
Segment contribution (loss)	$	137,410		$	25,441		$	(2,107	)	$	160,744
Income (loss) from continuing operations before income taxes										$	160,744		$	(88,044	)	$	72,700



	Fiscal Year Ended September 30, 2013
	U.S. & Canada			Latin America			Other International			Total Segments			Corporate Items			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	310,521		$	58,245		$	—		$	368,766		$	—		$	368,766
Jewelry scrapping sales	123,162			8,540			—			131,702			—			131,702
Pawn service charges	221,775			29,579			—			251,354			—			251,354
Consumer loan fees and interest	169,291			50,461			—			219,752			—			219,752
Consumer loan sales and other revenues	3,811			3,197			1,539			8,547			—			8,547
Total revenues	828,560			150,022			1,539			980,121			—			980,121
Merchandise cost of goods sold	183,147			35,470			—			218,617			—			218,617
Jewelry scrapping cost of goods sold	88,637			7,496			—			96,133			—			96,133
Consumer loan bad debt (benefit)	40,780			(113		)	—			40,667			—			40,667
Net revenues	515,996			107,169			1,539			624,704			—			624,704
Operating expenses (income):
Operations	325,795			62,496			1,095			389,386			—			389,386
Administrative	—			—			—			—			52,474			52,474
Depreciation	15,814			5,222			—			21,036			6,822			27,858
Amortization	393			1,711			—			2,104			1,381			3,485
Loss on sale or disposal of assets	209			17			—			226			1,133			1,359
Interest expense, net	16			11,279			—			11,295			3,873			15,168
Equity in net income of unconsolidated affiliates	—			—			(11,878		)	(11,878		)	—			(11,878		)
Impairment of investments	—			—			44,598			44,598			—			44,598
Other (income) expense	(3		)	(218		)	153			(68		)	(137		)	(205		)
Segment contribution (loss)	$	173,772		$	26,662		$	(32,429	)	$	168,005
Income (loss) from continuing operations before income taxes										$	168,005		$	(65,546	)	$	102,459



	Fiscal Year Ended September 30, 2012
	U.S. & Canada			Latin America			Other International			Total Segments			Corporate Items			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	291,497		$	41,567		$	—		$	333,064		$	—		$	333,064
Jewelry scrapping sales	191,905			10,576			—			202,481			—			202,481
Pawn service charges	210,601			22,937			—			233,538			—			233,538
Consumer loan fees and interest	163,845			26,901			—			190,746			—			190,746
Consumer loan sales and other revenues	3,381			1,292			—			4,673			—			4,673
Total revenues	861,229			103,273			—			964,502			—			964,502
Merchandise cost of goods sold	168,133			22,504			—			190,637			—			190,637
Jewelry scrapping cost of goods sold	122,604			8,111			—			130,715			—			130,715
Consumer loan bad debt	35,330			309			—			35,639			—			35,639
Net revenues	535,162			72,349			—			607,511			—			607,511
Operating expenses (income):
Operations	291,534			37,259			—			328,793			—			328,793
Administrative	—			—			—			—			47,912			47,912
Depreciation	13,075			3,319			—			16,394			5,457			21,851
Amortization	567			1,370			—			1,937			19			1,956
(Gain) loss on sale or disposal of assets	(260		)	12			—			(248		)	(1		)	(249		)
Interest (income) expense, net	(3		)	(4,507		)	—			(4,510		)	2,961			(1,549		)
Equity in net income of unconsolidated affiliates	—			—			(17,400		)	(17,400		)	—			(17,400		)
Other income	(647		)	(5		)	(236		)	(888		)	—			(888		)
Segment contribution	$	230,896		$	34,901		$	17,636		$	283,433
Income (loss) from continuing operations before income taxes										$	283,433		$	(56,348	)	$	227,085

The following table presents separately identified segment assets:



	U.S. & Canada		Latin America		Other International		Consolidated
	(in thousands)
Assets at September 30, 2014
Cash and cash equivalents	$	14,520	$	9,805	$	3,157	$	27,482
Restricted cash	—		62,406		—		62,406
Pawn loans	145,258		17,186		—		162,444
Consumer loans, net	24,126		43,369		99		67,594
Service charges and fees receivable, net	34,752		26,945		—		61,697
Inventory, net	116,629		22,790		—		139,419
Property and equipment, net	63,116		23,694		—		86,810
Restricted cash, non-current	—		4,257		—		4,257
Non-current consumer loans, net	—		40,442		—		40,442
Goodwill	239,179		107,398		—		346,577
Intangibles, net	16,304		20,198		42		36,544
Total separately identified recorded segment assets	$	653,884	$	378,490	$	3,298	$	1,035,672
Consumer loans outstanding from unaffiliated lenders (1)	$	22,553	$	—	$	—	$	22,553
Assets at September 30, 2013
Cash and cash equivalents	$	10,931	$	16,829	$	3,260	$	31,020
Restricted cash	—		3,312		—		3,312
Pawn loans	142,930		13,707		—		156,637
Consumer loans, net	24,877		37,337		2,469		64,683
Service charges and fees receivable, net	37,016		28,941		697		66,654
Inventory, net	121,367		23,833		—		145,200
Property and equipment, net	67,676		28,198		1,448		97,322
Restricted cash, non-current	—		2,156		—		2,156
Non-current consumer loans, net	—		70,294		—		70,294
Goodwill	283,199		110,209		39,892		433,300
Intangibles, net	26,380		20,850		2,840		50,070
Total separately identified recorded segment assets	$	714,376	$	355,666	$	50,606	$	1,120,648
Consumer loans outstanding from unaffiliated lenders (1)	$	29,171	$	—	$	—	$	29,171
Assets at September 30, 2012
Cash and cash equivalents	$	14,820	$	20,702	$	1,789	$	37,311
Restricted cash	—		1,145		—		1,145
Pawn loans	140,885		16,763		—		157,648
Consumer loans, net	18,960		11,425		3,767		34,152
Service charges and fees receivable, net	34,066		24,637		1,114		59,817
Inventory, net	94,449		14,765		—		109,214
Property and equipment, net	60,947		23,220		1,503		85,670
Restricted cash, non-current	—		4,337		—		4,337
Non-current consumer loans, net	—		61,997		—		61,997
Goodwill	224,306		110,401		39,956		374,663
Intangibles, net	18,824		21,867		2,946		43,637
Total separately identified recorded segment assets	$	607,257	$	311,259	$	51,075	$	969,591
Consumer loans outstanding from unaffiliated lenders (1)	$	25,484	$	—	$	—	$	25,484


(1)	CSO loans are not recorded in our consolidated balance sheets.

The following table reconciles separately identified recorded segment assets, as shown above, to our consolidated total assets:



	September 30,
	2014		2013		2012
	(in thousands)
Total separately identified recorded segment assets	$	1,035,672	$	1,120,648	$	969,591
Corporate assets	367,799		231,542		248,416
Total assets	$	1,403,471	$	1,352,190	$	1,218,007

The following tables provide geographic information required by FASB ASC 280-10-50-41:



	Fiscal Year Ended September 30,
	2014		2013		2012
	(in thousands)
Revenues:
U.S.	$	789,506	$	815,850	$	850,517
Mexico	185,501		150,022		103,273
Canada	13,525		12,710		10,712
U.K.	—		1,539		—
Total	$	988,532	$	980,121	$	964,502



	September 30,
	2014		2013		2012
	(in thousands)
Long-lived assets:
U.S.	$	360,203	$	404,723	$	317,887
Mexico	151,752		159,728		155,488
Canada	3,787		4,755		10,199
U.K.	—		44,138		44,363
Other	1,359		42		42
Total	$	517,101	$	613,386	$	527,979