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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 158,774 $ 143,912
Investment in receivable portfolios, net 3,214,792 3,088,261
Property and equipment, net 110,184 113,900
Other assets 368,041 341,073
Goodwill 834,174 821,214
Total assets 4,685,965 4,508,360
Liabilities:    
Accounts payable and accrued liabilities 179,971 198,217
Borrowings 3,081,786 2,898,821
Other liabilities 240,052 231,695
Total liabilities 3,501,809 3,328,733
Commitments and Contingencies (Note 11)
Equity:    
Convertible preferred stock, $0.01 par value, 5,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.01 par value, 75,000 shares authorized, 23,482 and 23,323 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 235 233
Additional paid-in capital 0 0
Accumulated earnings 1,274,289 1,278,210
Accumulated other comprehensive loss (90,368) (98,816)
Total stockholders’ equity 1,184,156 1,179,627
Total liabilities and stockholders’ equity 4,685,965 4,508,360
Variable Interest Entity    
Assets    
Cash and cash equivalents 1,642 1,344
Investment in receivable portfolios, net 459,974 431,350
Other assets 3,813 3,627
Liabilities:    
Accounts payable and accrued liabilities 496 150
Borrowings 431,919 423,522
Other liabilities $ 105 $ 105