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Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Store        
Rentals and fees $ 645,710 $ 704,125 $ 1,320,005 $ 1,415,575
Merchandise sales 76,777 83,286 208,484 219,566
Installment sales 17,672 18,161 36,092 36,414
Other 3,280 4,725 7,368 10,156
Total store revenues 743,439 810,297 1,571,949 1,681,711
Franchise        
Merchandise sales 4,023 3,179 8,970 7,566
Royalty income and fees 2,157 1,867 4,352 3,705
Total revenues 749,619 815,343 1,585,271 1,692,982
Store        
Cost of rentals and fees 169,139 185,406 345,380 370,524
Cost of merchandise sold 70,903 82,363 184,789 200,085
Cost of installment sales 5,662 6,114 11,687 12,271
Total cost of store revenues 245,704 273,883 541,856 582,880
Franchise        
Franchise cost of merchandise sold 3,757 2,931 8,313 6,980
Total cost of revenues 249,461 276,814 550,169 589,860
Gross profit 500,158 538,529 1,035,102 1,103,122
Operating expenses        
Labor 199,992 212,534 409,379 433,508
Other store expenses 192,856 205,602 404,663 429,777
General and administrative expenses 40,135 45,182 83,196 87,873
Depreciation, amortization and write-down of intangibles 20,776 20,397 40,600 40,161
Other charges 18,849 5,113 21,284 5,504
Total operating expenses 472,608 488,828 959,122 996,823
Operating profit 27,550 49,701 75,980 106,299
Interest expense 11,737 12,143 23,714 24,721
Interest income (108) (182) (205) (372)
Earnings (loss) before income taxes 15,921 37,740 52,471 81,950
Income tax expense (benefit) 5,975 14,593 17,464 31,505
NET EARNINGS (LOSS) $ 9,946 $ 23,147 $ 35,007 $ 50,445
Basic earnings (loss) per common share $ 0.19 $ 0.44 $ 0.66 $ 0.95
Diluted earnings (loss) per common share 0.19 0.43 0.66 0.95
Cash dividends declared per common share $ 0.08 $ 0.24 $ 0.16 $ 0.48