Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
| Revenue: | ||||
| Finance charges | $ 540.7 | $ 497.7 | $ 1,067.4 | $ 966.9 |
| Premiums earned | 24.1 | 24.3 | 47.6 | 46.2 |
| Other income | 19.0 | 16.2 | 39.9 | 33.1 |
| Total revenue | 583.8 | 538.2 | 1,154.9 | 1,046.2 |
| Costs and expenses: | ||||
| Salaries and wages | 83.7 | 75.8 | 172.3 | 154.3 |
| General and administrative | 45.2 | 23.2 | 67.3 | 46.9 |
| Sales and marketing | 26.6 | 25.4 | 51.4 | 49.3 |
| Operating Expenses | 155.5 | 124.4 | 291.0 | 250.5 |
| Provision for Credit Losses on Forecast Changes | 101.3 | 237.8 | 177.6 | 325.0 |
| Provision for Credit Losses on New Consumer Loan Assignments | 71.3 | 82.8 | 156.9 | 181.6 |
| Provision for Credit Losses | 172.6 | 320.6 | 334.5 | 506.6 |
| Interest | 118.1 | 104.5 | 232.8 | 197.0 |
| Provision for claims | 19.8 | 20.3 | 35.9 | 37.3 |
| Loss on extinguishment of debt | 0.0 | 0.0 | 1.2 | 0.0 |
| Loss on sale of building | 0.0 | 23.7 | 0.0 | 23.7 |
| Total costs and expenses | 466.0 | 593.5 | 895.4 | 1,015.1 |
| Income (loss) before provision (benefit) for income taxes | 117.8 | (55.3) | 259.5 | 31.1 |
| Provision (benefit) for income taxes | 30.4 | (8.2) | 65.8 | 13.9 |
| Net income (loss) | $ 87.4 | $ (47.1) | $ 193.7 | $ 17.2 |
| Net income (loss) per share: | ||||
| Basic (in usd per share) | $ 7.55 | $ (3.83) | $ 16.37 | $ 1.39 |
| Diluted (in usd per share) | $ 7.42 | $ (3.83) | $ 16.11 | $ 1.37 |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 11,574,018 | 12,282,174 | 11,831,094 | 12,381,656 |
| Diluted (in shares) | 11,771,525 | 12,282,174 | 12,023,903 | 12,533,246 |
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- Definition Finance Charges Revenue No definition available.
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- Definition Provision for Credit Losses on Forecast Changes No definition available.
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- Definition Provision for Credit Losses on New Consumer Loan Assignments No definition available.
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue and income classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums earned. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of credit loss expense (reversal of expense) for financing receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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