v3.26.1
Segment and Geographic Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting The following tables present the results of operations of the Company’s reportable segment for the periods presented (in thousands):
Three Months Ended June 30, 2026
Debt purchasing and recovery segment
Corporate and other unallocatedConsolidated
Total revenues
$491,872 $— $491,872 
Total operating expenses(1)
(286,359)(18,611)(304,970)
Operating income
205,513 186,902 
Other segment items(2)
(30,148)(30,148)
Interest expense(3)
(73,907)(73,907)
Provision for income taxes
(18,848)(18,848)
Net income
$63,999 
_______________________ 
(1)Certain corporate activities that are not allocated to the debt purchasing and recovery segment are recorded under corporate and other unallocated. During the three months ended June 30, 2026, such non-allocated operating expenses primarily consisted of salaries and employee benefits of $13.1 million for corporate employees and general and administrative expenses of $4.8 million.
(2)The other segment items category includes other income, and loss on extinguishment of debt.
(3)The Company manages its available capital resources at the corporate level. Interest expense is not allocated to operating segments.
Three Months Ended June 30, 2025
Debt purchasing and recovery segment
Corporate and other unallocatedConsolidated
Total revenues
$442,122 $— $442,122 
Total operating expenses(1)
(274,307)(17,082)(291,389)
Operating income
167,815 150,733 
Other segment items(2)
1,226 1,226 
Interest expense(3)
(73,943)(73,943)
Provision for income taxes
(19,295)(19,295)
Net income
$58,721 
_______________________ 
(1)Certain corporate activities that are not allocated to the debt purchasing and recovery segment are recorded under corporate and other unallocated. During the three months ended June 30, 2025, such non-allocated operating expenses primarily consisted of salaries and employee benefits of $12.2 million for corporate employees and general and administrative expenses of $4.4 million.
(2)The other segment items category includes other income.
(3)The Company manages its available capital resources at the corporate level. Interest expense is not allocated to operating segments.

Six Months Ended June 30, 2026
Debt purchasing and recovery segment
Corporate and other unallocatedConsolidated
Total revenues
$967,283 $— $967,283 
Total operating expenses(1)
(562,384)(34,005)(596,389)
Operating income
404,899 370,894 
Other segment items(2)
(29,358)(29,358)
Interest expense(3)
(146,957)(146,957)
Provision for income taxes
(44,337)(44,337)
Net income
$150,242 
_______________________ 
(1)Certain corporate activities that are not allocated to the debt purchasing and recovery segment are recorded under corporate and other unallocated. During the six months ended June 30, 2026, such non-allocated operating expenses primarily consisted of salaries and employee benefits of $23.4 million for corporate employees and general and administrative expenses of $9.7 million.
(2)The other segment items category includes other income, and loss on extinguishment of debt.
(3)The Company manages its available capital resources at the corporate level. Interest expense is not allocated to operating segments.

Six Months Ended June 30, 2025
Debt purchasing and recovery segment
Corporate and other unallocatedConsolidated
Total revenues
$834,897 $— $834,897 
Total operating expenses(1)
(523,816)(31,005)(554,821)
Operating income
311,081 280,076 
Other segment items(2)
2,873 2,873 
Interest expense(3)
(144,473)(144,473)
Provision for income taxes
(32,959)(32,959)
Net income
$105,517 
_______________________ 
(1)Certain corporate activities that are not allocated to the debt purchasing and recovery segment are recorded under corporate and other unallocated. During the six months ended June 30, 2025, such non-allocated operating expenses primarily consisted of salaries and employee benefits of $20.3 million for corporate employees and general and administrative expenses of $9.8 million.
(2)The other segment items category includes other income.
(3)The Company manages its available capital resources at the corporate level. Interest expense is not allocated to operating segments.
Schedule of Geographical Areas of Operations
The following table presents information about geographic areas in which the Company operates (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Total revenues:
United States$362,501 $312,590 $714,159 $582,176 
Europe
United Kingdom97,245 91,009 185,770 175,477 
Other European countries(1)
30,885 37,129 64,322 74,122 
Total Europe128,130 128,138 250,092 249,599 
Other geographies(1)
1,241 1,394 3,032 3,122 
Total$491,872 $442,122 $967,283 $834,897 
________________________
(1)None of these countries comprise greater than 10% of the Company's consolidated revenues.