Segment Information

9 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

SEGMENT INFORMATION

NOTE 9: SEGMENT INFORMATION

We currently report our segments as follows: U.S. Pawn — all pawn activities in the United States; Latin America Pawn — all pawn activities in Mexico and other parts of Latin America; and Other International — primarily our equity interest in the net income of Cash Converters International and consumer finance activities in Canada. There are no inter-segment revenues, and the amounts below were determined in accordance with the same accounting principles used in our condensed consolidated financial statements.

	Three Months Ended June 30, 2019
	U.S. Pawn		Latin America Pawn			Other International			Total Segments			Corporate Items			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	83,904	$	19,998		$	—		$	103,902		$	—		$	103,902
Jewelry scrapping sales	13,889		4,323			—			18,212			—			18,212
Pawn service charges	58,635		20,345			—			78,980			—			78,980
Other revenues	34		67			1,270			1,371			—			1,371
Total revenues	156,462		44,733			1,270			202,465			—			202,465
Merchandise cost of goods sold	52,855		17,416			—			70,271			—			70,271
Jewelry scrapping cost of goods sold	11,599		4,166			—			15,765			—			15,765
Other cost of revenues	—		—			576			576			—			576
Net revenues	92,008		23,151			694			115,853			—			115,853
Segment and corporate expenses (income):
Operations	65,449		18,284			994			84,727			—			84,727
Administrative	—		—			—			—			15,053			15,053
Depreciation and amortization	2,934		1,626			72			4,632			2,622			7,254
Loss (gain) on sale or disposal of assets and other	4		(8		)	6			2			22			24
Interest expense	—		1,491			76			1,567			8,265			9,832
Interest income	—		(376		)	—			(376		)	(2,796		)	(3,172		)
Equity in net income of unconsolidated affiliates	—		—			(1,320		)	(1,320		)	—			(1,320		)
Other (income) expense	—		34			6			40			(44		)	(4		)
Segment contribution	$	23,621	$	2,100		$	860		$	26,581
Income from continuing operations before income taxes									$	26,581		$	(23,122	)	$	3,459

	Three Months Ended June 30, 2018
	U.S. Pawn		Latin America Pawn			Other International			Total Segments			Corporate Items			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	83,898	$	20,839		$	—		$	104,737		$	—		$	104,737
Jewelry scrapping sales	17,813		2,615			—			20,428			—			20,428
Pawn service charges	55,536		17,008			—			72,544			—			72,544
Other revenues	55		245			1,603			1,903			—			1,903
Total revenues	157,302		40,707			1,603			199,612			—			199,612
Merchandise cost of goods sold	52,340		14,556			—			66,896			—			66,896
Jewelry scrapping cost of goods sold	15,329		2,296			—			17,625			—			17,625
Other cost of revenues	—		—			349			349			—			349
Net revenues	89,633		23,855			1,254			114,742			—			114,742
Segment and corporate expenses (income):
Operations	65,257		14,997			2,678			82,932			—			82,932
Administrative	—		—			—			—			13,268			13,268
Depreciation and amortization	3,010		951			48			4,009			2,115			6,124
Loss on sale or disposal of assets and other	74		26			—			100			214			314
Interest expense	—		3			—			3			7,391			7,394
Interest income	—		(672		)	—			(672		)	(3,686		)	(4,358		)
Equity in net income of unconsolidated affiliates	—		—			(1,151		)	(1,151		)	—			(1,151		)
Other income	—		(103		)	—			(103		)	(5,184		)	(5,287		)
Segment contribution (loss)	$	21,292	$	8,653		$	(321	)	$	29,624
Income from continuing operations before income taxes									$	29,624		$	(14,118	)	$	15,506

	Nine Months Ended June 30, 2019
	U.S. Pawn		Latin America Pawn			Other International			Total Segments			Corporate Items			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	275,639	$	70,547		$	—		$	346,186		$	—		$	346,186
Jewelry scrapping sales	28,357		9,516			—			37,873			—			37,873
Pawn service charges	184,658		59,640			—			244,298			—			244,298
Other revenues	125		134			4,274			4,533			—			4,533
Total revenues	488,779		139,837			4,274			632,890			—			632,890
Merchandise cost of goods sold	172,931		52,252			—			225,183			—			225,183
Jewelry scrapping cost of goods sold	23,680		8,968			—			32,648			—			32,648
Other cost of revenues	—		—			1,467			1,467			—			1,467
Net revenues	292,168		78,617			2,807			373,592			—			373,592
Segment and corporate expenses (income):
Operations	200,884		54,703			6,169			261,756			—			261,756
Administrative	—		—			—			—			46,795			46,795
Depreciation and amortization	8,951		4,543			190			13,684			7,430			21,114
Loss on sale or disposal of assets and other	2,856		743			22			3,621			22			3,643
Interest expense	—		1,570			280			1,850			25,362			27,212
Interest income	—		(1,226		)	—			(1,226		)	(8,411		)	(9,637		)
Equity in net income of unconsolidated affiliates	—		—			(632		)	(632		)	—			(632		)
Impairment of investment in unconsolidated affiliates	—		—			19,725			19,725			—			19,725
Other (income) expense	—		(63		)	290			227			(348		)	(121		)
Segment contribution (loss)	$	79,477	$	18,347		$	(23,237	)	$	74,587
Income from continuing operations before income taxes									$	74,587		$	(70,850	)	$	3,737

	Nine Months Ended June 30, 2018
	U.S. Pawn			Latin America Pawn			Other International			Total Segments			Corporate Items			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	270,145		$	63,125		$	—		$	333,270		$	—		$	333,270
Jewelry scrapping sales	34,515			9,651			—			44,166			—			44,166
Pawn service charges	174,180			48,417			—			222,597			—			222,597
Other revenues	205			588			5,354			6,147			—			6,147
Total revenues	479,045			121,781			5,354			606,180			—			606,180
Merchandise cost of goods sold	166,965			43,318			—			210,283			—			210,283
Jewelry scrapping cost of goods sold	28,683			8,853			—			37,536			—			37,536
Other cost of revenues	—			—			1,273			1,273			—			1,273
Net revenues	283,397			69,610			4,081			357,088			—			357,088
Segment and corporate expenses (income):
Operations	196,635			44,847			7,276			248,758			—			248,758
Administrative	—			—			—			—			39,688			39,688
Depreciation and amortization	9,340			2,712			142			12,194			6,104			18,298
Loss on sale or disposal of assets and other	197			31			—			228			225			453
Interest expense	—			6			—			6			19,064			19,070
Interest income	—			(2,072		)	—			(2,072		)	(10,824		)	(12,896		)
Equity in net income of unconsolidated affiliates	—			—			(3,477		)	(3,477		)	—			(3,477		)
Other (income) expense	(3		)	11			(118		)	(110		)	(5,363		)	(5,473		)
Segment contribution	$	77,228		$	24,075		$	258		$	101,561
Income from continuing operations before income taxes										$	101,561		$	(48,894	)	$	52,667