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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Rentals and fees $ 877,831 $ 806,766 $ 2,636,347 $ 2,421,039
Merchandise sales 150,752 127,564 476,690 415,256
Installment sales 14,416 13,444 44,333 45,191
Franchise merchandise sales 18,195 24,082 60,136 69,778
Royalty income and fees 5,863 5,813 18,539 18,636
Other 1,802 1,429 5,291 4,422
Total revenues 1,068,859 979,098 3,241,336 2,974,322
Cost of revenues        
Cost of rentals and fees 342,392 296,820 1,008,094 885,662
Cost of merchandise sold 191,875 155,937 584,816 492,879
Cost of installment sales 5,256 5,102 16,056 16,359
Franchise cost of merchandise sold 18,250 24,073 60,257 69,766
Total cost of revenues 557,773 481,932 1,669,223 1,464,666
Gross profit 511,086 497,166 1,572,113 1,509,656
Operating expenses        
Operating labor 152,635 152,080 466,952 460,470
Non-labor operating expenses 196,010 191,455 613,757 569,267
General and administrative expenses 51,464 53,898 160,201 150,434
Depreciation and amortization 12,770 12,624 38,861 38,102
Other gains and charges 28,148 29,057 79,866 184,413
Total operating expenses 441,027 439,114 1,359,637 1,402,686
Operating profit 70,059 58,052 212,476 106,970
Debt refinancing charges 0 0 6,604 0
Interest expense 26,801 27,887 85,163 84,233
Interest income (897) (1,255) (2,453) (2,690)
Earnings before income taxes 44,155 31,420 123,162 25,427
Income tax expense 13,295 27,057 30,666 19,352
Net earnings $ 30,860 $ 4,363 $ 92,496 $ 6,075
Basic earnings per common share $ 0.56 $ 0.08 $ 1.69 $ 0.11
Diluted earnings per common share 0.55 0.08 1.66 0.11
Cash dividends declared per common share $ 0.37 $ 0.34 $ 1.11 $ 1.02