Segment and Geographic Information

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Segment and Geographic Information

Segment and Geographic Information

The Company conducts business through several operating segments. The Company’s Chief Operating Decision Maker relies on internal management reporting processes that provide segment revenue, segment operating income, and segment asset information in order to make financial decisions and allocate resources. The Company determined its operating segments meet the aggregation criteria, and therefore, it has one reportable segment, portfolio purchasing and recovery, based on similarities among the operating units including economic characteristics, the nature of the services, the nature of the production process, customer types for their services, the methods used to provide their services and the nature of the regulatory environment.

The Company has operations in the United States, Europe and other foreign countries. The following table presents the Company’s total revenues by geographic area in which the Company operates (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Total revenues:
United States	$	210,908	$	295,700	$	825,826	$	871,978
Europe
United Kingdom	59,873		89,183		236,244		270,215
Other European countries(1)	36,971		24,804		102,103		102,665
Total Europe	96,844		113,987		338,347		372,880
Other geographies(1)	—		2,937		178		12,338
Total	$	307,752	$	412,624	$	1,164,351	$	1,257,196

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(1)None of these countries comprise greater than 10% of the Company's consolidated revenues.