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Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Revenue from receivable portfolios $ 1,204,437,000 $ 1,202,361,000 $ 1,287,730,000
Changes in recoveries (82,530,000) 93,145,000 199,136,000
Total debt purchasing revenue 1,121,907,000 1,295,506,000 1,486,866,000
Servicing revenue 83,136,000 94,922,000 120,778,000
Other revenues 17,637,000 7,919,000 6,855,000
Total revenues 1,222,680,000 1,398,347,000 1,614,499,000
Operating expenses      
Salaries and employee benefits 391,532,000 375,135,000 385,178,000
Cost of legal collections 224,252,000 217,944,000 254,280,000
General and administrative expenses 144,862,000 145,798,000 137,695,000
Other operating expenses 111,179,000 111,234,000 106,938,000
Collection agency commissions 35,657,000 35,568,000 47,057,000
Depreciation and amortization 41,737,000 46,419,000 50,079,000
Goodwill impairment 238,200,000 0 0
Impairment of intangible assets 18,726,000 4,075,000 0
Total operating expenses 1,206,145,000 936,173,000 981,227,000
Income from operations 16,535,000 462,174,000 633,272,000
Other expense      
Interest expense (201,877,000) (153,308,000) (169,647,000)
Loss on extinguishment of debt 0 0 (9,300,000)
Other income (expense) 5,078,000 2,123,000 (17,784,000)
Total other expense (196,799,000) (151,185,000) (196,731,000)
(Loss) income before income taxes (180,264,000) 310,989,000 436,541,000
Provision for income taxes (26,228,000) (116,425,000) (85,340,000)
Net (loss) income (206,492,000) 194,564,000 351,201,000
Net income attributable to noncontrolling interest 0 0 (419,000)
Net (loss) income attributable to Encore Capital Group, Inc. stockholders $ (206,492,000) $ 194,564,000 $ 350,782,000
(Loss) income per share attributable to Encore Capital Group, Inc.:      
Basic (USD per share) $ (8.72) $ 8.06 $ 11.64
Diluted (USD per share) $ (8.72) $ 7.46 $ 11.26
Weighted average shares outstanding:      
Basic (shares) 23,670 24,142 30,129
Diluted (shares) 23,670 26,092 31,153