Segment Information (Tables)

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Reconciliation of Revenue and Operating Income from Segments to Consolidated

The following table provides a reconciliation of revenue and segment operating income by reportable segment to consolidated results and was derived from the segments’ internal financial information as used for corporate management purposes (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Revenues:
Portfolio purchasing and recovery	$	152,091		$	138,733		$	292,774		$	265,143
Tax lien business		4,030			2,513			7,933			2,513
	$	156,121		$	141,246		$	300,707		$	267,656
Operating income:
Portfolio purchasing and recovery	$	33,478		$	41,396		$	76,158		$	79,918
Tax lien business		742			1,000			1,623			1,000
		34,220			42,396			77,781			80,918
Depreciation and amortization		(2,158	)		(1,420	)		(4,004	)		(2,660	)
Stock-based compensation		(2,179	)		(2,539	)		(5,180	)		(4,805	)
Other expense		(11,604	)		(6,603	)		(18,299	)		(11,851	)
Income from continuing operations before income taxes	$	18,279		$	31,834		$	50,298		$	61,602