XML 56 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Interest income:    
Consumer loans, including past due fees $ 17,443us-gaap_InterestAndFeeIncomeLoansConsumer $ 19,957us-gaap_InterestAndFeeIncomeLoansConsumer
Other 32us-gaap_OtherInterestAndDividendIncome 237us-gaap_OtherInterestAndDividendIncome
Total interest income 17,475us-gaap_InterestAndDividendIncomeOperating 20,194us-gaap_InterestAndDividendIncomeOperating
Interest expense (4,557)us-gaap_InterestExpense (6,187)us-gaap_InterestExpense
Net interest income before fees and related income on earning assets and provision for losses on loans and fees receivable 12,918us-gaap_InterestIncomeExpenseNet 14,007us-gaap_InterestIncomeExpenseNet
Fees and related income on earning assets 13,219atlc_FeesAndRelatedIncomeOnEarningAssets 32,885atlc_FeesAndRelatedIncomeOnEarningAssets
Losses upon charge off of loans and fees receivable recorded at fair value, net of recoveries 10,372atlc_LossesUponChargeOffOfLoansAndFeesReceivableRecordedAtFairValueNetOfRecoveries (1,885)atlc_LossesUponChargeOffOfLoansAndFeesReceivableRecordedAtFairValueNetOfRecoveries
Provision for losses on loans and fees receivable recorded at net realizable value (3,168)us-gaap_ProvisionForLoanAndLeaseLosses (7,875)us-gaap_ProvisionForLoanAndLeaseLosses
Net interest income, fees and related income on earning assets 33,341atlc_NetInterestIncomeFeesAndRelatedIncomeOnEarningAssets 37,132atlc_NetInterestIncomeFeesAndRelatedIncomeOnEarningAssets
Other operating income:    
Servicing income 1,560us-gaap_ServicingFeesNet 1,240us-gaap_ServicingFeesNet
Other income 267us-gaap_NoninterestIncomeOtherOperatingIncome 1,067us-gaap_NoninterestIncomeOtherOperatingIncome
Equity in income of equity-method investees 1,075us-gaap_IncomeLossFromEquityMethodInvestments 2,406us-gaap_IncomeLossFromEquityMethodInvestments
Total other operating income 2,902us-gaap_NoninterestIncome 4,713us-gaap_NoninterestIncome
Other operating expense:    
Salaries and benefits 4,120us-gaap_LaborAndRelatedExpense 5,098us-gaap_LaborAndRelatedExpense
Card and loan servicing 10,271atlc_CardAndLoanServicing 13,778atlc_CardAndLoanServicing
Marketing and solicitation 486us-gaap_MarketingAndAdvertisingExpense 762us-gaap_MarketingAndAdvertisingExpense
Depreciation, primarily related to rental merchandise 12,846us-gaap_DepreciationNonproduction 25,708us-gaap_DepreciationNonproduction
Other 7,172us-gaap_OtherNoninterestExpense 5,540us-gaap_OtherNoninterestExpense
Total other operating expense 34,895us-gaap_NoninterestExpense 50,886us-gaap_NoninterestExpense
Income (loss) before income taxes 1,348us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (9,041)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax benefit (expense) 618us-gaap_IncomeTaxExpenseBenefit (1,982)us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 1,966us-gaap_ProfitLoss (11,023)us-gaap_ProfitLoss
Net loss (income) attributable to noncontrolling interests 1us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (151)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income (loss) attributable to controlling interests $ 1,967us-gaap_NetIncomeLoss $ (11,174)us-gaap_NetIncomeLoss
Net (loss) income attributable to controlling interests per common share-basic (in dollars per share) $ 0.14us-gaap_EarningsPerShareBasic $ (0.79)us-gaap_EarningsPerShareBasic
Net (loss) income attributable to controlling interests per common share-diluted (in dollars per share) $ 0.14us-gaap_EarningsPerShareDiluted $ (0.79)us-gaap_EarningsPerShareDiluted