v3.26.1
Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table

The following table and accompanying information present the compensation reported in the Summary Compensation Table (SCT) and the compensation actually paid (CAP), as determined in accordance with SEC rules, for our principal executive officer (PEO) and, on average, for our other named executive officers (the Non-PEO

NEOs) and certain measures of our financial performance for each of the years shown (dollars in thousands, except per share and total shareholder return (TSR) data):

 

 

 

 

 

 

 

 

 

Average
Summary

 

 

Average
Summary

 

 

Value of Initial Fixed
$100 Investment
Based On

 

 

 

 

 

Company
Selected
Measure

 

Year

 

Summary
Compensation
Table Total
for PEO (1)

 

 

Compensation
Actually Paid
to PEO (1)(2)

 

 

Compensation
Table Total
for Non-PEO
NEOs (1)

 

 

Compensation
Actually Paid
to Non-PEO
NEOs (1)(3)

 

 

Total
Shareholder
Return

 

 

Peer Group
Total
Shareholder
Return (4)

 

 

Company
Net
Income

 

 

Adjusted
EPS (5)

 

2025

 

$

11,703

 

 

$

32,890

 

 

$

3,843

 

 

$

9,171

 

 

$

635

 

 

$

150

 

 

$

308,289

 

 

$

12.96

 

2024

 

$

10,047

 

 

$

27,221

 

 

$

3,128

 

 

$

7,200

 

 

$

387

 

 

$

137

 

 

$

209,448

 

 

$

9.15

 

2023

 

$

9,899

 

 

$

18,796

 

 

$

2,466

 

 

$

4,429

 

 

$

223

 

 

$

115

 

 

$

175,121

 

 

$

6.85

 

2022

 

$

9,302

 

 

$

8,003

 

 

$

2,968

 

 

$

2,625

 

 

$

155

 

 

$

110

 

 

$

207,424

 

 

$

6.81

 

2021

 

$

10,687

 

 

$

16,846

 

 

$

2,622

 

 

$

3,871

 

 

$

165

 

 

$

127

 

 

$

256,295

 

 

$

7.57

 

(1)
Mr. Fisher was the PEO, and Mr. Chartier, Mr. Cunningham and Mr. Rahilly comprised the Non-PEO NEOs, for each of the years shown.
(2)
The table below shows the adjustments made to the compensation in the SCT for the PEO to derive CAP to the PEO for 2025. The dollar amounts reported for CAP do not reflect the actual amount of compensation earned by or paid to our PEO during 2025, and the Compensation Committee did not consider CAP in making any executive compensation decisions with respect to our PEO:

 

Year

 

Summary
Compensation
Table Total
for PEO

 

 

(A)
Less: Stock Awards & Option Awards in SCT

 

 

(B)
Add: YE FV of current year grants

 

 

(C)
Add: YoY inc (dec) in FV for EOY awards granted in PYs

 

 

(D)
Add: Vest date FV of awards vested and granted in CY

 

 

(E)
 Add: Inc (dec) of Vest date FV of PY awards vested in CY vs PY FV

 

 

Compensation
Actually Paid
to PEO

 

2025

 

$

11,703

 

 

$

(8,091

)

 

$

12,690

 

 

$

12,538

 

 

$

—

 

 

$

4,050

 

 

$

32,890

 

 

(3)
The table below shows the adjustments made to the average SCT compensation for the Non-PEO NEOs to derive average CAP to the Non-PEO NEOs for 2025. The dollar amounts reported for average CAP do not reflect the actual amount of compensation earned by or paid to our Non-PEO NEOs during 2025, and the Compensation Committee did not consider CAP in making any executive compensation decisions with respect to our Non-PEO NEOs:

 

Year

 

Average
Summary
Compensation
Table Total
for Non-PEO
NEOs

 

 

(A)
Less: Stock Awards & Option Awards in SCT

 

 

(B)
Add: YE FV of current year grants

 

 

(C)
Add: YoY inc (dec) in FV for EOY awards granted in PYs

 

 

(D)
Add: Vest date FV of awards vested and granted in CY

 

 

(E)
 Add: Inc (dec) of Vest date FV of PY awards vested in CY vs PY FV

 

 

Average
Compensation
Actually Paid
to Non-PEO NEOs

 

2025

 

$

3,843

 

 

$

(2,509

)

 

$

3,774

 

 

$

3,152

 

 

$

—

 

 

$

911

 

 

$

9,171

 

 

(4)
The Company used the S&P Small Cap 600 Financials index as an industry-based index for peer group comparison to the Company’s TSR, which the Company also uses in its stock performance graph included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
(5)
Adjusted EPS is a non-GAAP financial measure used as the Company Selected Measure for compensation decisions. Management believes that Adjusted EPS is a meaningful and useful measure in understanding the activities and business metrics of the Company's operations and reflects an additional way of viewing our business that, when viewed with its GAAP results, provides a more complete understanding of factors and trends affecting its business. See “Compensation Discussion and Analysis—2025 Compensation for Named Executive Officers—Short-Term Incentive Compensation” for additional information, including a reconciliation of 2025 diluted earnings per share, calculated in accordance with GAAP, to 2025 Adjusted EPS.
        
Company Selected Measure Name Adjusted EPS        
Named Executive Officers, Footnote
(1)
Mr. Fisher was the PEO, and Mr. Chartier, Mr. Cunningham and Mr. Rahilly comprised the Non-PEO NEOs, for each of the years shown.
        
Peer Group Issuers, Footnote
(4)
The Company used the S&P Small Cap 600 Financials index as an industry-based index for peer group comparison to the Company’s TSR, which the Company also uses in its stock performance graph included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
        
PEO Total Compensation Amount $ 11,703,000 $ 10,047,000 $ 9,899,000 $ 9,302,000 $ 10,687,000
PEO Actually Paid Compensation Amount $ 32,890,000 27,221,000 18,796,000 8,003,000 16,846,000
Adjustment To PEO Compensation, Footnote
(2)
The table below shows the adjustments made to the compensation in the SCT for the PEO to derive CAP to the PEO for 2025. The dollar amounts reported for CAP do not reflect the actual amount of compensation earned by or paid to our PEO during 2025, and the Compensation Committee did not consider CAP in making any executive compensation decisions with respect to our PEO:

 

Year

 

Summary
Compensation
Table Total
for PEO

 

 

(A)
Less: Stock Awards & Option Awards in SCT

 

 

(B)
Add: YE FV of current year grants

 

 

(C)
Add: YoY inc (dec) in FV for EOY awards granted in PYs

 

 

(D)
Add: Vest date FV of awards vested and granted in CY

 

 

(E)
 Add: Inc (dec) of Vest date FV of PY awards vested in CY vs PY FV

 

 

Compensation
Actually Paid
to PEO

 

2025

 

$

11,703

 

 

$

(8,091

)

 

$

12,690

 

 

$

12,538

 

 

$

—

 

 

$

4,050

 

 

$

32,890

 
       
Non-PEO NEO Average Total Compensation Amount $ 3,843,000 3,128,000 2,466,000 2,968,000 2,622,000
Non-PEO NEO Average Compensation Actually Paid Amount $ 9,171,000 7,200,000 4,429,000 2,625,000 3,871,000
Adjustment to Non-PEO NEO Compensation Footnote
(3)
The table below shows the adjustments made to the average SCT compensation for the Non-PEO NEOs to derive average CAP to the Non-PEO NEOs for 2025. The dollar amounts reported for average CAP do not reflect the actual amount of compensation earned by or paid to our Non-PEO NEOs during 2025, and the Compensation Committee did not consider CAP in making any executive compensation decisions with respect to our Non-PEO NEOs:

 

Year

 

Average
Summary
Compensation
Table Total
for Non-PEO
NEOs

 

 

(A)
Less: Stock Awards & Option Awards in SCT

 

 

(B)
Add: YE FV of current year grants

 

 

(C)
Add: YoY inc (dec) in FV for EOY awards granted in PYs

 

 

(D)
Add: Vest date FV of awards vested and granted in CY

 

 

(E)
 Add: Inc (dec) of Vest date FV of PY awards vested in CY vs PY FV

 

 

Average
Compensation
Actually Paid
to Non-PEO NEOs

 

2025

 

$

3,843

 

 

$

(2,509

)

 

$

3,774

 

 

$

3,152

 

 

$

—

 

 

$

911

 

 

$

9,171

 
       
Compensation Actually Paid vs. Total Shareholder Return

The graph below compares PEO CAP and the average Non-PEO NEOs CAP against Company TSR and the peer group TSR for the five fiscal years ended December 31, 2025:

img52037806_3.gif

        
Compensation Actually Paid vs. Net Income

The graph below compares PEO CAP and the average Non-PEO NEOs CAP against net income for the five fiscal years ended December 31, 2025:

img52037806_4.gif

        
Compensation Actually Paid vs. Company Selected Measure

The graph below compares PEO CAP and the average Non-PEO NEOs CAP against Adjusted EPS (the Company Selected Measure) for the five fiscal years ended December 31, 2025:

img52037806_5.gif

        
Total Shareholder Return Vs Peer Group

The graph below compares PEO CAP and the average Non-PEO NEOs CAP against Company TSR and the peer group TSR for the five fiscal years ended December 31, 2025:

img52037806_3.gif

        
Tabular List, Table

As required by SEC rules, the following performance measures are those that, in the Company's assessment, represent the most important financial measures used by the Company to link compensation “actually paid” to the Company’s PEO and Non-PEO NEOs to Company performance for 2025:

•
Adjusted EPS
•
Revenue
•
Adjusted EBITDA
        
Total Shareholder Return Amount $ 635 387 223 155 165
Peer Group Total Shareholder Return Amount 150 137 115 110 127
Net Income (Loss) $ 308,289,000 $ 209,448,000 $ 175,121,000 $ 207,424,000 $ 256,295,000
Company Selected Measure Amount 12.96 9.15 6.85 6.81 7.57
PEO Name Mr. Fisher Mr. Fisher Mr. Fisher Mr. Fisher Mr. Fisher
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted EPS        
Non-GAAP Measure Description
(5)
Adjusted EPS is a non-GAAP financial measure used as the Company Selected Measure for compensation decisions. Management believes that Adjusted EPS is a meaningful and useful measure in understanding the activities and business metrics of the Company's operations and reflects an additional way of viewing our business that, when viewed with its GAAP results, provides a more complete understanding of factors and trends affecting its business. See “Compensation Discussion and Analysis—2025 Compensation for Named Executive Officers—Short-Term Incentive Compensation” for additional information, including a reconciliation of 2025 diluted earnings per share, calculated in accordance with GAAP, to 2025 Adjusted EPS.
        
Measure:: 2          
Pay vs Performance Disclosure          
Name Revenue        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted EBITDA        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (8,091,000)        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 12,690,000        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 12,538,000        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,050,000        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,509,000)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,774,000        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,152,000        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 911,000