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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Store        
Rentals and fees $ 534,737 $ 551,680 $ 1,102,737 $ 1,115,034
Merchandise sales 108,080 70,842 209,460 175,312
Installment sales 17,643 17,270 32,390 32,706
Other 775 1,244 1,497 1,908
Total store revenues 661,235 641,036 1,346,084 1,324,960
Franchise        
Merchandise sales 18,047 10,673 30,484 19,129
Royalty income and fees 4,464 4,216 9,117 8,530
Total revenues 683,746 655,925 1,385,685 1,352,619
Store        
Cost of rentals and fees 157,124 155,658 322,579 311,030
Cost of merchandise sold 102,960 76,034 201,717 179,425
Cost of installment sales 6,092 5,682 11,117 10,606
Total cost of store revenues 266,176 237,374 535,413 501,061
Franchise cost of merchandise sold 18,038 10,480 30,562 18,621
Total cost of revenues 284,214 247,854 565,975 519,682
Gross profit 399,532 408,071 819,710 832,937
Store expenses        
Labor 129,929 152,899 283,723 314,555
Other store expenses 160,756 149,225 322,474 313,019
General and administrative expenses 32,943 38,534 72,118 71,458
Depreciation and amortization 14,348 15,121 29,261 30,894
Other charges and (gains) 7,921 (77,537) 9,624 (44,167)
Total operating expenses 345,897 278,242 717,200 685,759
Operating profit 53,635 129,829 102,510 147,178
Interest expense 4,161 10,092 8,608 19,481
Interest income (265) (1,997) (409) (2,871)
Earnings before income taxes 49,739 121,734 94,311 130,568
Income tax expense 11,246 27,279 6,526 28,790
Net earnings $ 38,493 $ 94,455 $ 87,785 $ 101,778
Basic earnings per common share $ 0.72 $ 1.74 $ 1.62 $ 1.88
Diluted earnings per common share $ 0.70 $ 1.70 $ 1.58 $ 1.83