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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Store        
Rentals and fees $ 807,556 $ 857,298 $ 1,614,273 $ 1,740,345
Merchandise sales 124,703 160,769 287,692 393,649
Installment sales 15,900 18,548 31,747 35,637
Other 1,548 1,068 2,993 2,358
Total store revenues 949,707 1,037,683 1,936,705 2,171,989
Franchise        
Merchandise sales 22,869 26,505 45,696 45,026
Royalty income and fees 6,587 7,067 12,823 13,961
Total revenues 979,163 1,071,255 1,995,224 2,230,976
Store        
Cost of rentals and fees 291,696 319,943 588,842 658,576
Cost of merchandise sold 152,682 185,735 336,942 436,066
Cost of installment sales 5,638 6,426 11,257 12,347
Total cost of store revenues 450,016 512,104 937,041 1,106,989
Franchise cost of merchandise sold 22,921 26,607 45,693 45,349
Total cost of revenues 472,937 538,711 982,734 1,152,338
Gross profit 506,226 532,544 1,012,490 1,078,638
Store expenses        
Labor 151,901 163,956 308,390 330,559
Other store expenses 181,101 199,091 377,812 426,459
General and administrative expenses 48,810 44,868 96,536 101,271
Depreciation and amortization 12,597 12,880 25,478 27,410
Other charges 27,786 53,668 155,356 123,816
Total operating expenses 422,195 474,463 963,572 1,009,515
Operating profit 84,031 58,081 48,918 69,123
Interest expense 28,246 19,089 56,346 38,058
Interest income (1,015) (92) (1,435) (137)
Earnings (loss) before income taxes 56,800 39,084 (5,993) 31,202
Income tax expense (benefit) 102,418 19,359 (7,705) 15,714
Net (loss) earnings $ (45,618) $ 19,725 $ 1,712 $ 15,488
Basic (loss) earnings per common share $ (0.83) $ 0.37 $ 0.03 $ 0.29
Diluted (loss) earnings per common share (0.83) 0.33 0.03 0.26
Cash dividends declared per common share $ 0.34 $ 0.34 $ 0.68 $ 0.68