v3.26.1
Combined and Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Total portfolio income $ 157,606 $ 138,693
Changes in recoveries 7,057 3,621
Total portfolio revenue 164,663 142,314
Credit card revenue 1,735 1,898
Servicing revenue 10,041 10,731
Total Revenues 176,439 154,943
Provision for credit losses 624 542
Operating Expenses    
Salaries and benefits 22,375 14,022
Servicing expenses 65,578 42,791
Depreciation and amortization 872 1,608
Professional fees 2,281 2,165
Other selling, general and administrative 4,524 4,549
Total Operating Expenses 95,630 65,135
Net Operating Income 80,185 89,266
Other Income (Expense)    
Interest expense (30,578) (24,819)
Foreign exchange and other income (expense) 1,449 2,459
Total other expense (29,129) (22,360)
Income Before Income Taxes 51,056 66,906
Provision for income taxes (13,422) (2,679)
Net Income 37,634 64,227
Foreign currency translation gain / (loss) (5,701) 3,884
Comprehensive Income $ 31,933 $ 68,111
Earnings per share    
Basic (in dollars per share) $ 0.61  
Diluted (in dollars per share) $ 0.61  
Weighted average common shares outstanding    
Basic (in shares) 55,589  
Diluted (in shares) 55,592