Exhibit 99.2

ENCORE CAPITAL GROUP, INC.
Supplemental Financial Information
Reconciliation of GAAP Net Income (Loss) to
Net Income (Loss) Excluding One-Time Benefits and Charges
(In Thousands)

	Quarter Ended March 31,
	2004		2003			2002		2001
GAAP net income (loss), as reported	$	6,016	$	8,166		$	233	$	(3,743	)
Gain on settlement of litigation1		-		(4,376	)		-		-
Net income (loss), excluding one-time benefits	$	6,016	$	3,790		$	233	$	(3,743	)

	Quarter Ended June 30,
	2004		2003		2002		2001
GAAP net income (loss), as reported	$	5,595	$	3,309	$	692	$	(3,880	)

	Quarter Ended September 30,
	2004		2003		2002		2001
GAAP net income (loss), as reported	$	5,882	$	3,104	$	2,521	$	(1,045	)

	Quarter Ended December 31,
	2003		2002			2001
GAAP net income (loss), as reported	$	3,841	$	10,343		$	(2,197	)
Write off of deferred costs2		528		-			-
Benefit from restoration of net deferred tax assets3		-		(8,830	)		-
Net income (loss), excluding one-time benefits and charges	$	4,369	$	1,513		$	(2,197	)

¹ This is the result of a net after-tax gain of $4.4 million associated with a litigation settlement during the first quarter of 2003.

²This is the result of the after-tax write-off of $0.5 million in deferred loans costs and a debt discount associated with the early retirement of our Senior Notes during the fourth quarter of 2003.

³ This is the result of a change in the valuation allowance associated with our net tax assets during the fourth quarter of 2002, which resulted in the recognition of a current tax benefit in the amount of $8.8 million.