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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Store        
Rentals and fees $ 551,680 $ 562,403 $ 1,115,034 $ 1,127,117
Merchandise sales 70,842 64,990 175,312 172,346
Installment sales 17,270 17,374 32,706 33,778
Other 1,244 2,271 1,908 4,855
Total store revenues 641,036 647,038 1,324,960 1,338,096
Franchise        
Merchandise sales 10,673 4,880 19,129 8,514
Royalty income and fees 4,216 3,812 8,530 7,163
Total revenues 655,925 655,730 1,352,619 1,353,773
Store        
Cost of rentals and fees 155,658 156,041 311,030 312,136
Cost of merchandise sold 76,034 65,562 179,425 161,915
Cost of installment sales 5,682 5,617 10,606 10,859
Total cost of store revenues 237,374 227,220 501,061 484,910
Franchise        
Franchise cost of merchandise sold 10,480 4,624 18,621 7,999
Total cost of revenues 247,854 231,844 519,682 492,909
Gross profit 408,071 423,886 832,937 860,864
Operating expenses        
Labor 152,899 164,172 314,555 345,246
Other store expenses 149,225 156,854 313,019 342,803
General and administrative expenses 38,534 41,792 71,458 86,662
Depreciation and amortization 15,121 17,428 30,894 35,328
Other (gains) and charges (77,537) 16,489 (44,167) 33,944
Total operating expenses 278,242 396,735 685,759 843,983
Operating profit 129,829 27,151 147,178 16,881
Interest expense 10,092 10,806 19,481 22,166
Interest income (1,997) (202) (2,871) (411)
Earnings (loss) before income taxes 121,734 16,547 130,568 (4,874)
Income tax expense 27,279 2,794 28,790 1,216
Net earnings (loss) $ 94,455 $ 13,753 $ 101,778 $ (6,090)
Basic earnings (loss) per common share $ 1.74 $ 0.26 $ 1.88 $ (0.11)
Diluted earnings (loss) per common share $ 1.70 $ 0.25 $ 1.83 $ (0.11)