XML 46 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Interest income:    
Consumer loans, including past due fees $ 260,832 $ 160,968
Other 386 200
Total interest income 261,218 161,168
Interest expense (50,730) (36,896)
Net interest income before fees and related income on earning assets and provision for losses on loans, interest and fees receivable 210,488 124,272
Fees and related income on earning assets 71,147 29,992
Net losses upon impairment of loans, interest and fees receivable recorded at fair value (897) (549)
Provision for losses on loans, interest and fees receivable recorded at net realizable value (248,383) (100,338)
Net interest income, fees and related income on earning assets 32,355 53,377
Other operating income:    
Servicing income 13,754 5,556
Other income 117,903 39,820
Gain on repurchase of convertible senior notes 5,127
Equity in income of equity-method investee 1,001 581
Total other operating income 125,817 42,370
Other operating expense:    
Salaries and benefits 26,229 23,430
Card and loan servicing 49,459 37,145
Marketing and solicitation 36,388 12,124
Depreciation 1,137 987
Other 13,196 18,579
Total other operating expense 126,409 92,265
Income before income taxes 31,763 3,482
Income tax (expense) benefit (5,553) 4,130
Net income 26,210 7,612
Net loss attributable to noncontrolling interests 233 244
Net income attributable to controlling interests 26,443 7,856
Preferred dividends (1,153)
Net income attributable to common shareholders $ 25,290 $ 7,856
Net income attributable to common shareholders per common share—basic (in dollars per share) $ 1.74 $ 0.56
Net income attributable to common shareholders per common share—diluted (in dollars per share) $ 1.66 $ 0.56
Servicing Income [Member]    
Other operating income:    
Servicing income $ 1,786 $ 1,969