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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Store        
Rentals and fees $ 550,795 $ 552,580 $ 1,665,829 $ 1,679,697
Merchandise sales 65,552 67,141 240,864 239,487
Installment sales 16,952 15,681 49,658 49,459
Other 1,054 2,140 2,962 6,995
Total store revenues 634,353 637,542 1,959,313 1,975,638
Franchise        
Merchandise sales 11,178 4,135 30,307 12,649
Royalty income and fees 3,840 3,265 12,370 10,428
Total revenues 649,371 644,942 2,001,990 1,998,715
Store        
Cost of rentals and fees 161,971 153,716 473,001 465,852
Cost of merchandise sold 70,575 74,340 250,000 236,255
Cost of installment sales 5,527 5,244 16,133 16,103
Total cost of store revenues 238,073 233,300 739,134 718,210
Franchise cost of merchandise sold 11,302 3,902 29,923 11,901
Total cost of revenues 249,375 237,202 769,057 730,111
Gross profit 399,996 407,740 1,232,933 1,268,604
Store expenses        
Labor 158,666 168,297 473,221 513,543
Other store expenses 150,366 149,326 463,385 492,129
General and administrative expenses 34,364 40,818 105,822 127,480
Depreciation and amortization 14,894 16,946 45,788 52,274
Other charges and (gains) 2,859 6,721 (41,308) 40,665
Total operating expenses 361,149 382,108 1,046,908 1,226,091
Operating profit 38,847 25,632 186,025 42,513
Debt refinancing charges 2,168 0 2,168 0
Interest expense 6,733 10,496 26,214 32,662
Interest income (85) (345) (2,956) (756)
Earnings before income taxes 30,031 15,481 160,599 10,607
Income tax (benefit) expense (1,246) 2,563 27,544 3,779
Net earnings $ 31,277 $ 12,918 $ 133,055 $ 6,828
Basic earnings per common share $ 0.57 $ 0.24 $ 2.46 $ 0.13
Diluted earnings per common share $ 0.56 $ 0.24 $ 2.39 $ 0.13