XML 71 R23.htm IDEA: XBRL DOCUMENT v3.3.0.814
Supplemental Consolidated Financial Information
 3 Months Ended
Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION
NOTE 16: SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION
Supplemental Condensed Consolidated Balance Sheet Information
The following table provides information on net amounts included in pawn service charges receivable, consumer loan fees and interest receivable, inventory, receivables, prepaid expenses and other current assets and property and equipment:
 
December 31,
 
September 30,
 
2014
 
2013
 
2014
 
As Restated (See Note 2)
 
 
 
 
 
(in thousands)
Pawn service charges receivable, net:
 
 
 
 
 
Gross pawn service charges receivable
$
38,568

 
$
38,571

 
$
41,351

Allowance for uncollectible pawn service charges receivable
(8,327
)
 
(7,729
)
 
(10,307
)
Total
$
30,241

 
$
30,842

 
$
31,044

 
 
 
 
 
 
Consumer loan fees and interest receivable, net:
 
 
 
 
 
Gross consumer loan fees and interest receivable
$
27,707

 
$
21,114

 
$
26,332

Allowance for uncollectible consumer loan fees and interest receivable
(14,508
)
 
(3,699
)
 
(13,685
)
Total
$
13,199

 
$
17,415

 
$
12,647

 
 
 
 
 
 
Inventory, net:
 
 
 
 
 
Inventory, gross
$
144,442

 
$
147,975

 
$
154,218

Inventory reserves
(11,783
)
 
(5,816
)
 
(16,043
)
Total
$
132,659

 
$
142,159

 
$
138,175

 
 
 
 
 
 
Property and equipment, net:
 
 
 
 
 
Property and equipment, gross
$
241,419

 
$
225,634

 
$
237,183

Accumulated depreciation
(137,066
)
 
(111,095
)
 
(131,283
)
Total
$
104,353

 
$
114,539

 
$
105,900


During the quarter ended December 31, 2013, we sold seven U.S. pawn stores (three in Louisiana, two in Mississippi, one in Alabama and one in Florida) for $11.0 million, of which $10.0 million was paid in cash and $1.0 million with a 14% promissory note due on December 31, 2018. The carrying value of the stores' net assets amounted to $3.7 million, primarily consisting of $1.5 million of pawn loans, $1.9 million of inventory, and $0.4 million of pawn service charge receivable, offset by $0.1 million of assumed liabilities. During the quarter ended December 31, 2013 we realized a gain of $6.3 million, which is included under the (gain) loss on sale or disposal of assets in the condensed consolidated statement of operations. In addition, we recorded a deferred gain of $0.7 million.