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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Rentals and fees $ 885,977 $ 807,556 $ 1,758,516 $ 1,614,273
Merchandise sales 146,239 124,703 325,938 287,692
Installment sales 15,225 15,900 29,917 31,747
Franchise merchandise sales 21,082 22,869 41,941 45,696
Royalty income and fees 6,113 6,587 12,676 12,823
Other 1,874 1,548 3,489 2,993
Total revenues 1,076,510 979,163 2,172,477 1,995,224
Cost of revenues        
Cost of rentals and fees 338,554 291,696 665,702 588,842
Cost of merchandise sold 179,372 152,682 392,941 336,942
Cost of installment sales 5,512 5,638 10,800 11,257
Franchise cost of merchandise sold 21,113 22,921 42,007 45,693
Total cost of revenues 544,551 472,937 1,111,450 982,734
Gross profit 531,959 506,226 1,061,027 1,012,490
Operating expenses        
Operating labor 156,181 151,901 314,317 308,390
Non-labor operating expenses 203,945 181,101 417,747 377,812
General and administrative expenses 53,638 48,810 108,737 96,536
Depreciation and amortization 12,618 12,597 26,091 25,478
Other gains and charges 24,922 27,786 51,718 155,356
Total operating expenses 451,304 422,195 918,610 963,572
Operating profit 80,655 84,031 142,417 48,918
Debt refinancing charges 6,604 0 6,604 0
Interest expense 28,371 28,246 58,362 56,346
Interest income (753) (1,015) (1,556) (1,435)
Earnings (loss) before income taxes 46,433 56,800 79,007 (5,993)
Income tax expense (benefit) 12,484 102,418 17,371 (7,705)
Net earnings (loss) $ 33,949 $ (45,618) $ 61,636 $ 1,712
Basic earnings (loss) per common share $ 0.62 $ (0.83) $ 1.13 $ 0.03
Diluted earnings (loss) per common share 0.61 (0.83) 1.10 0.03
Cash dividends declared per common share $ 0.37 $ 0.34 $ 0.74 $ 0.68