Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The following are the domestic and foreign components of the Company’s income before taxes:

	Year Ended December 31,
(in thousands)	2020		2019
Domestic	$	(58,405)	$	82,612
Foreign	311		1,820
Income (loss) before taxes	$	(58,094)	$	84,432

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes consisted of the following:

(in thousands)	Federal		State		Foreign		Total
December 31, 2020
Current	$	(1,547)	$	2,207	$	792	$	1,452
Deferred	(7,426)		(6,885)		(153)		(14,464)
Total provision (benefit) for income taxes	$	(8,973)	$	(4,678)	$	639	$	(13,012)
December 31, 2019
Current	$	7,946	$	2,835	$	1,308	$	12,089
Deferred	7,830		3,439		(524)		10,745
Total provision for income taxes	$	15,776	$	6,274	$	784	$	22,834

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of income tax expense with the amount computed by applying the statutory U.S. federal income tax rates to income before provision for income taxes is as follows:

	Year Ended December 31,
(in thousands)	2020			2019
Income tax expense (benefit) computed at U.S. federal statutory rate	$	(12,200)		$	17,731
State Tax	(4,097)			4,788
Foreign Rate differential	573			164
Federal tax credits	(1,795)			(2,042)
Share based compensation expense	2,525			752
Change in unrecognized tax benefit reserves	1,993			611
Net operating loss carryback tax rate differential	(1,532)			—
US Base Erosion Anti-Abuse Tax (BEAT)	1,333			—
Other	188			830
Income tax expense	$	(13,012)		$	22,834
Effective tax rate	22.4		%	27.0		%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The primary components of the Company’s net deferred tax assets and liabilities are composed of the following:

	December 31,
(in thousands)	2020		2019
Deferred tax assets:
Accrued expenses and reserves	$	4,007	$	2,281
Allowance for loan losses	34		1,110
Leases	13,427		14,449
Share-based compensation	6,824		7,057
Mexico fixed assets	1,052		937
Depreciation and amortization	915		480
Fair value adjustment - Bonds Payable	2,372		—
CARES Act payroll taxes	1,001		—
Net operating loss & credit carryforward	1,537		—
Other	116		672
Total deferred tax assets	$	31,285	$	26,986
Valuation allowance	$	—	$	—
Deferred tax liabilities:
System development costs	$	(7,482)	$	(4,966)
Right of use assets	(12,653)		(13,676)
Prepaid expenses	(243)		(912)
Fair value adjustment - Loans Receivable	(19,748)		(30,737)
Total deferred tax liabilities	(40,126)		(50,291)
Net deferred taxes	$	(8,841)	$	(23,305)

Summary of Income Tax Contingencies [Table Text Block]

The following table summarizes the activity related to the unrecognized tax benefits:

	Year Ended December 31,
(in thousands)	2020		2019
Balance as of January 1,	$	1,933	$	1,431
Increases related to current year tax positions	563		535
Decreases related to current year tax positions	—		—
Increases related to prior year tax positions	1,431		19
Decreases related to prior year tax positions	—		(52)
Balance as of December 31,	$	3,927	$	1,933