FIRSTCASH, INC. FCFS Income Statement

Firstcash, inc. (FCFS)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue:
Retail merchandise sales
296,629	331,208	281,358	278,754	284,241	309,614	256,417	255,742	269,841	300,949	246,334	243,822	259,994	282,597	152,215	115,543	118,776	128,280	104,937	105,625	110,454	130,336	101,950	97,188	98,708	111,745	89,772	83,900	81,770	68,361	69,938	62,261	86,896	-6,660	87,794	77,358	78,305	65,937	59,598
Pawn loan fees
142,115	143,830	142,879	136,923	141,192	137,728	134,613	123,012	129,793	127,477	132,545	122,632	128,251	129,941	79,505	51,878	51,433	49,329	49,882	47,583	48,654	52,386	51,778	47,555	47,638	47,897	47,455	43,052	43,151	43,625	39,768	33,932	34,912	31,043	31,741	30,564	28,972	26,378	23,518
Wholesale scrap jewelry sales
26,371	21,524	25,661	24,981	31,710	20,971	24,650	27,475	34,725	33,557	37,528	31,646	38,111	26,732	18,956	9,642	7,308	7,312	7,718	7,705	9,320	10,977	11,798	12,167	13,647	14,550	25,234	5,317	23,224	-	26,068	24,041	-	-	-	-	-	-	-
Consumer loan and credit services fees
1,375	1,800	2,561	5,356	10,461	12,895	14,198	13,743	15,441	18,222	19,005	18,529	21,220	22,772	10,477	4,916	5,686	6,503	6,995	6,710	7,595	9,075	9,474	8,416	9,784	11,011	10,918	10,085	11,767	10,104	13,921	12,151	12,516	8,164	13,078	12,410	13,224	13,535	11,694
Other revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	302	-	239	249	337	233	203
Total revenue
466,490	498,362	452,459	446,014	467,604	481,208	429,878	419,972	449,800	480,205	435,412	416,629	447,576	462,042	261,153	181,979	183,203	191,424	169,532	167,623	176,023	202,774	175,000	165,326	169,777	185,203	173,379	142,354	159,912	175,385	149,695	132,385	134,626	139,726	132,852	120,581	120,838	106,083	95,013
Cost of revenue:
Cost of retail merchandise sold
184,695	211,643	178,597	176,272	179,349	195,308	163,287	163,574	174,497	196,245	161,350	156,473	165,635	179,390	93,399	71,345	74,422	79,874	64,875	65,636	68,246	79,310	62,780	59,093	60,490	68,684	53,546	51,092	48,039	36,715	40,187	35,933	54,309	-8,179	53,164	48,879	48,242	38,993	36,022
Total cost of revenue
-361	-	-	-	2,103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of wholesale scrap jewelry sold
22,847	19,125	22,660	23,934	30,353	19,534	23,859	24,076	32,495	30,424	36,831	30,590	34,949	22,324	16,977	7,853	5,871	6,540	6,847	6,232	8,009	9,436	10,444	10,076	11,088	13,047	22,394	4,600	18,504	-	19,141	18,642	-	-	-	-	-	-	-
Consumer loan and credit services loss provision
-	-	223	1,503	-	4,366	5,474	3,894	3,727	4,400	6,185	5,142	4,092	6,213	3,413	1,320	1,047	2,085	2,368	1,709	997	2,395	2,913	2,236	1,743	3,280	3,464	2,515	2,109	2,904	4,429	2,982	2,241	2,450	3,908	2,716	2,257	4,384	3,335
Other cost of revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-	54	52	46	39	48
Total cost of revenue
207,181	231,098	201,480	201,709	211,805	219,208	192,620	191,544	210,719	231,069	204,366	192,205	204,676	207,927	113,789	80,518	81,340	88,499	74,090	73,577	77,252	91,141	76,137	71,405	73,321	85,011	79,404	58,207	68,652	78,674	63,757	57,557	56,565	65,424	57,126	51,647	50,545	43,416	39,405
Net revenue
259,309	267,264	250,979	244,305	255,799	262,000	237,258	228,428	239,081	249,136	231,046	224,424	242,900	254,115	147,364	101,461	101,863	102,925	95,442	94,046	98,771	111,633	98,863	93,921	96,456	100,192	93,975	84,147	91,260	96,711	85,938	74,828	78,061	74,302	75,726	68,934	70,293	62,667	55,608
Expenses and other income:
Store operating expenses
153,500	150,521	149,819	148,347	146,852	145,210	141,720	138,043	138,348	139,411	138,966	137,070	136,744	136,499	80,574	54,578	55,411	52,510	50,995	51,746	52,321	52,267	49,293	48,934	48,492	48,559	46,649	43,308	42,805	37,876	39,889	35,025	36,089	29,298	33,313	31,778	31,718	29,375	27,530
Administrative expenses
32,902	27,908	30,576	31,696	32,154	32,343	29,977	29,720	28,002	28,931	29,999	30,305	33,238	38,260	24,500	16,509	17,268	12,753	11,733	13,559	13,838	13,238	13,406	13,615	13,329	10,840	12,834	12,764	13,092	13,963	12,330	11,612	12,306	11,225	11,531	10,971	11,532	10,296	9,325
Merger and acquisition expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,110	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
10,674	10,846	10,674	10,510	9,874	9,876	10,850	10,952	11,283	12,429	13,872	14,689	14,243	14,700	7,281	4,947	4,937	4,288	4,637	4,467	4,547	4,475	4,404	4,325	4,272	4,015	3,988	3,733	3,625	3,472	3,328	3,113	3,026	2,661	2,815	2,821	2,647	2,505	2,564
Interest expense
8,418	8,195	8,922	8,548	8,370	8,580	7,866	6,529	6,198	6,208	6,129	5,585	6,113	6,461	5,073	4,326	4,460	4,405	4,336	4,126	4,020	4,122	4,059	3,910	1,436	1,018	1,122	633	719	791	444	176	77	30	39	40	26	74	133
Interest income
185	267	429	155	204	228	495	740	981	459	418	393	327	115	138	224	274	423	406	393	344	160	179	262	81	55	69	51	147	69	30	36	81	56	56	66	99	22	19
Merger and other acquisition expenses
68	256	805	556	149	2,069	3,222	2,113	239	5,898	911	1,606	647	2,793	29,398	4,079	400	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on foreign exchange
-2,685	1,713	-1,648	483	239	-1,027	-35	500	-200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-offs and impairments of certain lease intangibles and other assets
5,530	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-20	-14,094	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of common stock of Enova
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-253	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment - U.S. consumer loan operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,913	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses and other income
213,592	195,746	202,015	199,019	196,956	198,824	193,175	186,157	183,302	192,101	189,479	202,956	190,658	197,998	146,941	84,215	82,202	75,298	79,208	74,615	74,382	74,940	70,983	70,522	67,448	64,377	64,524	60,387	60,094	56,033	55,961	49,890	51,417	43,158	47,642	45,544	45,824	42,228	39,533
Income (loss) before income taxes
45,717	71,518	48,964	45,286	58,843	63,176	44,083	42,271	55,779	57,035	41,567	21,468	52,242	56,117	423	17,246	19,661	27,627	16,234	19,431	24,389	36,693	27,880	23,399	29,008	35,815	29,451	23,760	31,166	40,678	29,977	24,938	26,644	31,144	28,084	23,390	24,469	20,439	16,075
Provision for income taxes
12,799	17,364	14,203	12,238	16,188	15,101	10,758	12,100	14,144	-10,699	13,293	6,229	19,597	19,425	1,835	5,573	6,487	8,217	5,061	6,092	7,601	9,752	8,352	7,384	6,054	10,297	6,324	8,106	10,986	13,237	10,341	8,605	9,192	10,368	9,832	8,186	8,564	7,209	5,795
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,941	19,528	16,015	22,954	25,518	23,127	15,654	20,180	27,441	19,636	16,333	17,452	20,776	18,252	15,204	15,905	13,230	10,280
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-272	-740	14	9	84	168	-747	16	60	679	181	134	6,651	1,007	1,503
Net Income (Loss) Attributable to Parent
32,918	54,154	34,761	33,048	42,655	48,075	33,325	30,171	41,635	67,734	28,274	15,239	32,645	36,692	-1,412	11,673	13,174	19,410	11,173	13,339	16,788	26,941	19,528	16,015	22,682	24,778	23,141	15,663	20,264	27,609	18,889	16,349	17,512	21,455	18,433	15,338	22,556	14,237	11,783
Earnings per share:
Income from continuing operations (basic) (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.95	0.69	0.55	0.79	0.88	0.80	0.54	0.69	0.95	0.69	0.57	0.59	0.69	0.60	0.49	0.51	0.44	0.34
Loss from discontinued operations (basic) (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-0.01	-0.02	0.00	0.00	0.00	0.01	-0.03	0.00	0.00	0.03	0.00	0.00	0.21	0.03	0.05
Earnings Per Share, Basic [Abstract]
Basic (USD per share)
0.79	1.27	0.81	0.77	0.98	1.09	0.76	0.67	0.90	1.43	0.59	0.32	0.67	0.88	-0.04	0.41	0.47	-	0.40	0.47	0.59	0.95	0.69	0.55	0.78	0.86	0.80	0.54	0.69	0.96	0.66	0.57	0.59	0.72	0.60	0.49	0.72	0.47	0.39
Income from continuing operations (diluted) (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.93	0.68	0.55	0.78	0.86	0.79	0.53	0.68	0.92	0.67	0.56	0.57	0.67	0.58	0.48	0.50	0.43	0.33
Loss from discontinued operations (diluted) (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-0.01	-0.02	0.00	0.00	0.00	0.00	-0.03	0.00	0.01	0.03	0.01	0.00	0.20	0.03	0.05
Diluted (USD per share)
0.78	1.26	0.81	0.76	0.98	1.08	0.76	0.67	0.90	1.42	0.59	0.32	0.67	0.88	-0.04	0.41	0.47	-	0.40	0.47	0.59	0.93	0.68	0.55	0.77	0.84	0.79	0.53	0.68	0.92	0.64	0.56	0.58	0.70	0.59	0.48	0.70	0.46	0.38
Dividends declared per common share
-	-	-	-	-	-	-	-	-	-	0.19	0.19	0.19	0.19	0.12	0.12	0.12	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-