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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Store        
Rentals and fees $ 916,405 $ 534,737 $ 1,661,939 $ 1,102,737
Merchandise sales 221,229 108,080 454,022 209,460
Installment sales 18,191 17,643 35,964 32,390
Other 1,035 775 1,953 1,497
Total store revenues 1,156,860 661,235 2,153,878 1,346,084
Franchise        
Merchandise sales 29,616 18,047 62,671 30,484
Royalty income and fees 7,499 4,464 14,208 9,117
Total revenues 1,193,975 683,746 2,230,757 1,385,685
Store        
Cost of rentals and fees 320,873 157,124 567,908 322,579
Cost of merchandise sold 249,853 102,960 489,959 201,717
Cost of installment sales 6,234 6,092 12,275 11,117
Total cost of store revenues 576,960 266,176 1,070,142 535,413
Franchise cost of merchandise sold 29,543 18,038 62,620 30,562
Total cost of revenues 606,503 284,214 1,132,762 565,975
Gross profit 587,472 399,532 1,097,995 819,710
Store expenses        
Labor 159,337 129,929 316,044 283,723
Other store expenses 181,012 160,756 351,145 322,474
General and administrative expenses 54,385 32,943 103,510 72,118
Depreciation and amortization 13,566 14,348 26,959 29,261
Other charges 72,653 7,921 123,772 9,624
Total operating expenses 480,953 345,897 921,430 717,200
Operating profit 106,519 53,635 176,565 102,510
Debt refinancing charges 0 0 8,743 0
Interest expense 20,435 4,161 32,425 8,608
Interest income (44) (265) (118) (409)
Earnings before income taxes 86,128 49,739 135,515 94,311
Income tax expense 24,819 11,246 31,654 6,526
Net earnings $ 61,309 $ 38,493 $ 103,861 $ 87,785
Basic earnings per common share $ 1.05 $ 0.72 $ 1.81 $ 1.62
Diluted earnings per common share 0.90 0.70 1.55 1.58
Cash dividends declared per common share $ 0.31 $ 0.58 $ 0.62 $ 0.58