World acceptance corp (WRLD)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
Revenues:
Interest and fee income

130,224

126,091

122,910

124,221

122,998

113,490

108,444

113,983

112,032

106,317

103,367

78,589

118,257

116,979

114,044

121,460

126,869

123,964

122,838

125,289

132,464

132,107

134,415

120,568

142,213

133,010

127,977

117,985

130,311

121,817

115,299

125,787

117,112

116,232

107,348

115,344

109,462

103,717

96,070

Insurance commissions and other income

16,854

15,482

15,531

32,776

14,640

13,625

14,345

27,414

13,669

12,611

13,270

25,068

12,557

12,289

13,035

22,682

12,826

12,447

14,386

37,722

16,240

16,077

15,896

22,972

18,280

16,953

17,287

23,777

19,327

17,580

17,536

23,132

18,833

15,906

15,807

21,597

16,577

14,348

14,327

Revenues

147,079

141,573

138,441

156,997

137,639

127,115

122,789

141,398

125,702

118,929

116,638

103,657

130,814

129,268

127,080

144,143

139,696

136,411

137,224

163,011

148,704

148,184

150,311

143,541

160,493

149,963

145,265

141,762

149,639

139,398

132,835

148,920

135,946

132,138

123,156

136,941

126,039

118,065

110,398

Expenses:
Provision for loan losses

55,219

52,968

41,291

28,533

48,943

40,358

30,590

16,630

40,455

32,824

27,709

11,225

39,984

35,870

32,014

24,372

35,440

37,557

26,228

13,483

38,292

36,160

30,893

18,568

41,115

38,187

28,703

20,911

37,394

32,401

23,614

16,700

36,109

30,057

22,839

16,973

31,961

27,275

19,698

General and administrative expenses:
Personnel

49,375

49,610

52,459

52,838

47,284

39,906

40,793

48,787

36,465

38,198

41,043

33,783

42,395

40,400

41,995

43,988

42,919

39,444

43,219

44,418

46,303

47,457

54,239

35,607

49,393

49,134

53,309

36,608

48,319

44,669

48,413

47,927

42,097

40,742

44,635

43,139

38,936

37,350

39,733

Occupancy and equipment

13,544

13,554

11,949

6,664

12,144

11,901

10,592

10,077

9,793

9,714

9,527

6,441

10,517

10,630

10,502

11,491

10,546

12,030

10,392

10,876

10,403

10,372

10,063

10,105

9,702

9,692

9,378

9,387

9,109

9,138

8,642

8,582

8,343

8,719

8,219

8,199

7,833

7,893

7,188

Advertising

8,181

6,269

6,109

3,610

8,929

5,116

4,839

3,594

7,922

5,041

4,637

1,622

8,490

4,092

2,351

2,322

7,961

3,411

3,168

2,962

7,747

3,428

3,161

2,972

7,316

3,049

2,723

2,868

6,535

2,801

2,644

2,891

5,854

2,698

2,783

2,714

5,272

2,606

2,462

Amortization of intangible assets

1,390

1,257

954

616

372

275

263

258

271

275

185

107

108

164

110

121

131

135

140

156

176

188

201

235

244

265

311

328

329

339

368

416

414

434

432

452

479

510

506

Other

17,631

7,759

10,302

14,896

8,233

7,736

11,288

12,565

10,396

9,536

10,813

4,677

9,725

8,167

7,989

8,630

10,021

8,414

10,647

8,610

11,008

10,229

10,044

7,803

10,640

9,846

9,513

6,321

10,503

9,209

9,090

8,654

9,523

8,869

8,442

8,227

8,870

7,729

7,405

General and Administrative Expense

90,123

78,452

81,776

78,626

76,964

64,935

67,777

75,282

64,849

62,767

66,208

46,632

71,236

63,455

62,948

66,555

71,580

63,436

67,568

67,023

75,639

71,677

77,711

56,724

77,298

71,988

75,237

55,513

74,797

66,158

69,159

68,473

66,234

61,463

64,513

62,733

61,393

56,090

57,297

Interest Expense

7,130

6,327

4,403

4,913

4,637

4,157

4,225

5,051

5,000

4,790

4,246

5,124

5,274

5,518

5,586

6,958

7,149

7,269

5,471

5,672

6,037

6,026

5,564

5,692

5,545

5,280

4,676

4,997

4,403

4,066

3,926

3,229

3,338

3,947

3,383

3,519

3,803

4,095

3,353

Total expenses

152,473

137,748

127,470

112,073

130,545

109,452

102,592

96,964

110,305

100,382

98,164

62,982

116,496

104,845

100,549

97,886

114,169

108,262

99,268

86,179

119,969

113,864

114,168

80,985

123,960

115,456

108,616

81,423

116,596

102,625

96,700

88,402

105,681

95,467

90,736

83,226

97,158

87,461

80,349

Income before income taxes

-5,394

3,824

10,971

44,924

7,094

17,663

20,197

44,433

15,396

18,546

18,473

40,674

14,318

24,423

26,530

46,256

25,526

28,149

37,956

76,831

28,734

34,320

36,143

62,555

36,533

34,506

36,648

60,339

33,043

36,772

36,135

60,517

30,265

36,671

32,419

53,715

28,881

30,603

30,048

Income Tax Expense (Benefit)

429

-395

2,362

6,983

833

3,604

4,559

18,778

15,203

6,510

7,265

14,633

4,678

8,932

9,913

16,430

10,774

8,962

14,324

28,316

10,244

13,047

13,587

23,578

13,579

12,941

13,536

22,439

12,369

13,871

13,520

22,890

10,683

13,367

12,237

19,479

10,817

10,369

11,333

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-5,824

4,220

8,608

37,940

6,260

14,059

15,637

25,655

193

12,035

11,208

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax

0

0

0

0

0

0

2,341

4,243

-104

-2,216

2,431

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax, Per Diluted Share

0

0

0

0

0

628

-39,006

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Tax Effect of Discontinued Operation

0

0

0

0

0

150

476

-

-1,591

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of Long-Lived Assets to be Disposed of

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax

-

-

-

-

-

-

-

-

-

-

572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

0

0

0

0

0

478

-37,140

3,487

1,486

-2,236

1,859

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-5,824

4,220

8,608

37,940

6,260

14,537

-21,503

29,142

1,680

9,799

13,067

31,850

9,640

15,491

16,617

29,825

14,751

19,186

23,632

48,514

18,489

21,273

22,555

38,977

22,953

21,565

23,111

37,899

20,673

22,901

22,614

37,626

19,581

23,303

20,182

34,236

18,064

20,234

18,714

Income (Loss) from Continuing Operations, Per Basic Share

-0.81

0.54

1.01

4.25

0.69

1.55

1.73

2.89

0.02

1.38

1.29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations, Per Diluted Share

-0.81

0.51

0.97

4.16

0.67

1.51

1.69

2.84

0.02

1.35

1.27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share

-

-

-

-

0.00

0.05

-4.10

0.40

0.17

-0.26

0.21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share

-

-

-

-

0.00

0.05

-4.01

0.38

0.17

-0.25

0.21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share [Abstract]
Basic (in dollars per share)

-0.81

0.54

1.01

4.22

0.69

1.60

-2.37

3.30

0.19

1.12

1.50

3.65

1.11

1.78

1.91

3.44

1.70

2.23

2.75

5.48

2.04

2.34

2.26

3.78

2.14

1.95

1.93

3.15

1.61

1.76

1.66

2.56

1.33

1.56

1.30

2.16

1.15

1.29

1.16

Diluted (in dollars per share)

-0.81

0.51

0.97

4.14

0.67

1.56

-2.32

3.22

0.19

1.10

1.48

3.63

1.10

1.76

1.89

3.42

1.70

2.22

2.71

5.40

2.01

2.30

2.19

3.72

2.10

1.91

1.87

3.07

1.58

1.72

1.63

2.50

1.30

1.52

1.27

2.11

1.12

1.26

1.14

Weighted average common shares outstanding:
Basic (in shares)

7,220

7,807

8,507

8,740

9,108

9,072

9,054

8,976

8,787

8,713

8,687

8,671

8,701

8,727

8,721

8,677

8,657

8,621

8,588

8,451

9,043

9,087

10,001

9,711

10,710

11,082

12,002

11,475

12,837

12,985

13,614

14,482

14,747

14,915

15,481

15,847

15,704

15,653

16,130

Diluted (in shares)

7,220

8,201

8,866

8,992

9,278

9,292

9,253

9,174

8,937

8,895

8,826

8,754

8,782

8,804

8,770

8,714

8,694

8,648

8,711

8,504

9,208

9,263

10,289

9,818

10,949

11,312

12,342

11,723

13,100

13,287

13,901

14,791

15,119

15,327

15,918

16,268

16,103

16,023

16,446