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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Revenue from receivable portfolios $ 304,105 $ 338,018
Changes in recoveries 167,223 44,537
Total debt purchasing revenue 471,328 382,555
Servicing revenue 26,146 32,516
Other revenues 2,208 1,766
Total revenues 499,682 416,837
Operating expenses    
Salaries and employee benefits 96,956 96,456
Cost of legal collections 55,717 67,142
General and administrative expenses 33,534 32,148
Other operating expenses 27,027 28,441
Collection agency commissions 9,605 12,824
Depreciation and amortization 11,829 11,512
Total operating expenses 234,668 248,523
Income from operations 265,014 168,314
Other expense    
Interest expense (34,633) (46,526)
Other income (expense) 392 (55)
Total other expense (34,241) (46,581)
Income before income taxes 230,773 121,733
Provision for income taxes (55,024) (26,968)
Net income 175,749 94,765
Net income attributable to noncontrolling interest 0 (135)
Net income attributable to Encore Capital Group, Inc. stockholders $ 175,749 $ 94,630
Earnings per share attributable to Encore Capital Group, Inc.:    
Basic (USD per share) $ 7.11 $ 3.01
Diluted (USD per share) $ 6.40 $ 2.97
Weighted average shares outstanding:    
Basic (shares) 24,722 31,469
Diluted (shares) 27,482 31,832