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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Store        
Rentals and fees $ 806,766 $ 829,459 $ 2,421,039 $ 2,569,804
Merchandise sales 127,564 147,616 415,256 541,265
Installment sales 13,444 16,718 45,191 52,355
Other 1,429 1,340 4,422 3,698
Total store revenues 949,203 995,133 2,885,908 3,167,122
Franchise        
Merchandise sales 24,082 22,823 69,778 67,849
Royalty income and fees 5,813 6,001 18,636 19,962
Total revenues 979,098 1,023,957 2,974,322 3,254,933
Store        
Cost of rentals and fees 296,820 310,079 885,662 968,655
Cost of merchandise sold 155,937 179,477 492,879 615,543
Cost of installment sales 5,102 6,032 16,359 18,379
Total cost of store revenues 457,859 495,588 1,394,900 1,602,577
Franchise cost of merchandise sold 24,073 22,834 69,766 68,183
Total cost of revenues 481,932 518,422 1,464,666 1,670,760
Gross profit 497,166 505,535 1,509,656 1,584,173
Store expenses        
Labor 152,080 156,192 460,470 486,751
Other store expenses 191,455 197,847 569,267 624,306
General and administrative expenses 53,898 40,002 150,434 141,273
Depreciation and amortization 12,624 12,798 38,102 40,208
Other charges 29,057 61,619 184,413 185,435
Total operating expenses 439,114 468,458 1,402,686 1,477,973
Operating profit 58,052 37,077 106,970 106,200
Interest expense 27,887 22,960 84,233 61,018
Interest income (1,255) (216) (2,690) (353)
Earnings before income taxes 31,420 14,333 25,427 45,535
Income tax expense 27,057 20,111 19,352 35,825
Net earnings (loss) $ 4,363 $ (5,778) $ 6,075 $ 9,710
Basic earnings (loss) per common share $ 0.08 $ (0.10) $ 0.11 $ 0.18
Diluted earnings (loss) per common share 0.08 (0.10) 0.11 0.16
Cash dividends declared per common share $ 0.34 $ 0.34 $ 1.02 $ 1.02