Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2012

Key components of discontinued operations on consolidated statements of operations

In April, 2011 and October, 2011, respectively, we sold our U.K. Internet micro-loan subsidiaries and our retail micro-loans subsidiaries; additionally, in August 2012 we sold our Investments in Previously Charged-Off receivables segment along with our balance transfer card operations. Accordingly, their results of operations are shown as discontinued operations within our consolidated statements of operations for all periods presented. Key components of discontinued operations on our consolidated statements of operations are as follows:

	For the Three Months September 30,						For the Nine Months September 30,
	2012			2011			2012			2011
Net interest income, fees and related income on earning assets	$	5,772		$	27,363		$	37,137		$	103,559
Gain on sale of assets	$	49,579			-		$	49,579			103,706
Other operating expense		5,200			21,196			25,415			74,565
Income before income taxes		50,151			6,167			61,301			132,700
Income tax expense		(5,353	)		(42	)		(12,737	)		(4,142	)
Net income	$	44,798		$	6,125		$	48,564		$	128,558
Net income attributable to noncontrolling interests	$	-		$	-		$	-		$	1,131

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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