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Supplemental Consolidated Financial Information (Tables)
 12 Months Ended
Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Information on accounts receivable, net, inventories, net and inventory
The following table provides information on net amounts included in pawn service charges receivable, consumer loan fees and interest receivable, inventory and prepaid expenses and other assets:
 
September 30,
 
2014
 
2013
 
(in thousands)
Pawn service charges receivable:
 
 
 
Gross pawn service charges receivable
$
41,351

 
$
40,336

Allowance for uncollectible pawn service charges receivable
(10,307
)
 
(9,974
)
Pawn service charges receivable, net
$
31,044

 
$
30,362

Consumer loan fees and interest receivable:
 
 
 
Gross consumer loan fees and interest receivable
$
39,333

 
$
38,059

Allowance for uncollectible consumer loan fees and interest receivable
(8,680
)
 
(1,767
)
Consumer loan fees and interest receivable, net
$
30,653

 
$
36,292

Inventory:
 
 
 
Inventory, gross
$
154,218

 
$
149,446

Inventory reserves
(14,799
)
 
(4,246
)
Inventory, net
$
139,419

 
$
145,200

Prepaid expenses and other assets:
 
 
 
Receivable from sale of long-term consumer loan portfolio (1)
$
43,780

 
$
—

Other prepaid expenses and other assets
33,179

 
34,217

Prepaid expenses and other assets
$
76,959

 
$
34,217

(1) For additional information, see Note 20.
Information on advertising expense
The table below provides advertising expense for periods presented. Advertising costs are included in “Administrative” expense in our consolidated statements of operations:
 
Fiscal Year Ended September 30,
 
2014
 
2013
 
2012
 
(in thousands)
Advertising expense
$
7,435

 
$
7,220

 
$
5,159
Other Supplemental Information
Other Supplemental Information
We issue letters of credit (“LOC”) to enhance the creditworthiness of our customers seeking unsecured loans from unaffiliated lenders. The letters of credit assure the lenders that if borrowers default on the loans, we will pay the lenders, upon demand, the principal and accrued interest owed to the lenders by the borrowers plus any insufficient funds fees. In addition we post as cash collateral a specified percentage of the maximum exposure for LOC losses.
Our current carrying value of cash collateral and other assets, is included in “Prepaid expenses and other assets” in our consolidated balance sheets, expected LOC losses and accounts payable are included in “Accounts payable and other accrued expenses” in our consolidated balance sheets, maximum exposure for losses on letters of credit if all brokered loans defaulted and none was collected including the portion of that exposure secured by titles to customers’ automobiles, not included in our consolidated balance sheets, is summarized below:
 
September 30,
 
2014
 
2013
 
(in thousands)
Consumer loans:
 
 
 
Cash collateral and other assets
$
9,135

 
$
10,292

Expected LOC losses
4,708

 
2,623

Accounts payable
1,026

 
1,010

Maximum exposure for LOC losses (1) (2)
29,502

 
33,380

(1) These amounts are not recorded in our consolidated balance sheets.
(2) $7.8 million and $9.9 million of this exposure as of September 30, 2014 and 2013, respectively, was secured by titles to customers’ automobiles.
 
Valuation and Qualifying Accounts
Valuation and Qualifying Accounts:
 
 
 
Additions
 
 
 
 
 Description
Balance at Beginning of Period
 
Charged to Expense
 
Charged to Revenue
 
Deductions
 
Balance at End of Period
 
(in thousands)
Allowance for valuation of inventory:
 
 
 
 
 
 
 
 
 
Year Ended September 30, 2014
$
4,246

 
$
10,553

 
$
—

 
$
—

 
$
14,799

Year Ended September 30, 2013
5,574

 
—

 
—

 
1,328

 
4,246

Year Ended September 30, 2012
9,481

 
—

 
—

 
3,907

 
5,574

Allowance for uncollectible pawn service charges receivable:
 
 
 
 
 
 
 
 
 
Year Ended September 30, 2014
$
9,974

 
$
—

 
$
333

 
$
—

 
$
10,307

Year Ended September 30, 2013
11,427

 
—

 
—

 
1,453

 
9,974

Year Ended September 30, 2012
10,720

 
—

 
707

 
—

 
11,427

Allowance for uncollectible consumer loan fees and interest receivable:
 
 
 
 
 
 
 
 
 
Year Ended September 30, 2014
$
1,767

 
$
—

 
$
6,913

 
$
—

 
$
8,680

Year Ended September 30, 2013
4,430

 
—

 
—

 
2,663

 
1,767

Year Ended September 30, 2012
571

 
—

 
3,859

 
—

 
4,430

Allowance for valuation of deferred tax assets:
 
 
 
 
 
 
 
 
 
Year Ended September 30, 2014
$
659

 
$
—

 
$
—

 
$
495

 
$
164

Year Ended September 30, 2013
2,242

 
—

 
—

 
1,583

 
659

Year Ended September 30, 2012
1,425

 
817

 
—

 
—

 
2,242