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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Revenue from receivable portfolios, net $ 251,785 $ 225,387 $ 737,584 $ 518,094
Other revenues 13,445 5,792 38,943 6,473
Net interest income 8,052 4,379 19,691 11,698
Total revenues 273,282 235,558 796,218 536,265
Operating expenses        
Salaries and employee benefits 61,175 52,253 183,667 114,054
Cost of legal collections 53,742 50,953 153,596 137,694
Other operating expenses 22,061 19,056 72,196 46,118
Collection agency commissions 9,517 14,158 25,275 22,717
General and administrative expenses 35,532 33,486 110,508 77,429
Depreciation and amortization 6,933 4,523 19,879 8,527
Total operating expenses 188,960 174,429 565,121 406,539
Income from operations 84,322 61,129 231,097 129,726
Other expense        
Interest expense (43,498) (29,186) (124,678) (43,522)
Other expense (532) (299) (192) (4,262)
Total other expense (44,030) (29,485) (124,870) (47,784)
Income before income taxes 40,292 31,644 106,227 81,942
Provision for income taxes (10,154) (10,272) (35,906) (30,110)
Income from continuing operations 30,138 21,372 70,321 51,832
Loss from discontinued operations, net of tax 0 (308) 0 (308)
Net income 30,138 21,064 70,321 51,524
Net loss attributable to noncontrolling interest 197 822 6,755 822
Net income attributable to Encore Capital Group, Inc. stockholders 30,335 21,886 77,076 52,346
Income from continuing operations 30,335 22,194 77,076 52,654
Loss from discontinued operations, net of tax $ 0 $ (308) $ 0 $ (308)
Basic earnings (loss) per share from:        
Continuing operations (in dollars per share) $ 1.17 $ 0.87 $ 2.99 $ 2.16
Discontinued operations (in dollars per share) $ 0.00 $ (0.01) $ 0.00 $ (0.01)
Basic (in dollars per share) $ 1.17 $ 0.86 $ 2.99 $ 2.15
Diluted earnings (loss) per share from:        
Continuing operations (in dollars per share) $ 1.11 $ 0.82 $ 2.79 $ 2.06
Discontinued operations (in dollars per share) $ 0.00 $ (0.01) $ 0.00 $ (0.01)
Diluted (in dollars per share) $ 1.11 $ 0.81 $ 2.79 $ 2.05
Weighted average shares outstanding:        
Basic (in shares) 25,879 25,535 25,811 24,323
Diluted (in shares) 27,332 27,183 27,622 25,561