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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Selected Quarterly Financial Data (Unaudited)  
Schedule of selected quarterly financial data

Our selected quarterly financial data for 2013 was as follows:

 

 

 

Fourth

 

Third

 

Second

 

First

 

(dollars in thousands except earnings (loss) per share)

 

Quarter

 

Quarter

 

Quarter*

 

Quarter*

 

 

 

 

 

Revised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

576,517

 

$

583,926

 

$

580,597

 

$

413,038

 

Interest expense

 

218,881

 

229,157

 

240,418

 

231,293

 

Provision for finance receivable losses

 

188,600

 

162,264

 

82,311

 

94,486

 

Other revenues

 

38,388

 

19,426

 

51,590

 

43,656

 

Other expenses

 

168,222

 

303,580

 

165,577

 

144,792

 

Income (loss) before provision for (benefit from) income taxes

 

39,202

 

(91,649

)

143,881

 

(13,877

)

Provision for (benefit from) income taxes

 

(14,187

)

(30,698

)

32,963

 

(4,263

)

Net income (loss)

 

53,389

 

(60,951

)

110,918

 

(9,614

)

Net income attributable to non-controlling interests

 

26,660

 

31,643

 

54,740

 

 

Net income (loss) attributable to Springleaf

 

$

26,729

 

$

(92,594

)

$

56,178

 

$

(9,614

)

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.24

 

$

(0.93

)

$

0.56

 

$

(0.10

)

Diluted

 

$

0.24

 

$

(0.93

)

$

0.56

 

$

(0.10

)

 

*                 The financial data for the first and second quarters of 2013 have not been previously reported due to the deregistration of SFI on August 13, 2012.

 

Our selected quarterly financial data for 2012 was as follows:

 

 

 

Fourth

 

Third

 

Second

 

First

 

(dollars in thousands except earnings (loss) per share)

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

 

 

Revised

 

Revised

 

Revised

 

Revised

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

417,377

 

$

423,160

 

$

429,875

 

$

444,401

 

Interest expense

 

240,752

 

268,987

 

280,766

 

284,700

 

Provision for finance receivable losses

 

109,614

 

91,018

 

69,726

 

71,220

 

Other revenues

 

20,523

 

26,741

 

29,219

 

20,860

 

Other expenses

 

185,496

 

158,765

 

168,198

 

188,282

 

Loss before benefit from income taxes

 

(97,962

)

(68,869

)

(59,596

)

(78,941

)

Benefit from income taxes

 

(17,168

)

(23,659

)

(20,492

)

(26,352

)

Net loss

 

$

(80,794

)

$

(45,210

)

$

(39,104

)

$

(52,589

)

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.81

)

$

(0.45

)

$

(0.39

)

$

(0.53

)

Diluted

 

$

(0.81

)

$

(0.45

)

$

(0.39

)

$

(0.53

)