Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

Quarterly Financial Data [Abstract]

Quarterly Financial Data

17. QUARTERLY FINANCIAL DATA (unaudited)

The following is a summary of the quarterly financial position and results of operations as of and for the years ended December 31, 2011 and 2010, which have been prepared in accordance with GAAP.

(In thousands, except per share data)	2011
	Quarters Ended
	March 31		June 30		September 30		December 31
Balance Sheets
Loans receivable, net	$	1,352,488	$	1,438,086	$	1,525,403	$	1,598,573
All other assets		139,602		143,569		145,249		160,025
Total assets	$	1,492,090	$	1,581,655	$	1,670,652	$	1,758,598
Total debt	$	886,320	$	934,699	$	968,957	$	997,847
Other liabilities		210,460		205,045		208,425		220,800
Total liabilities		1,096,780		1,139,744		1,177,382		1,218,647
Shareholders' equity  (1)		395,310		441,911		493,270		539,951
Total liabilities and shareholders' equity	$	1,492,090	$	1,581,655	$	1,670,652	$	1,758,598
Income Statements
Revenue	$	123,512	$	129,965	$	133,739	$	137,976
Costs and expenses		56,251		59,332		55,073		58,118
Income from continuing operations before provision for income taxes		67,261		70,633		78,666		79,858
Provision for income taxes		24,070		25,789		28,706		29,809
Income from continuing operations		43,191		44,844		49,960		50,049
Loss from discontinued United Kingdom operations, net of tax		-		-		-		-
Net  income	$	43,191	$	44,844	$	49,960	$	50,049
Net  income per share:
Basic	$	1.59	$	1.73	$	1.92	$	1.92
Diluted	$	1.57	$	1.72	$	1.91	$	1.91
Income from continuing operations per share:
Basic	$	1.59	$	1.73	$	1.92	$	1.92
Diluted	$	1.57	$	1.72	$	1.91	$	1.91
Loss from discontinued United Kingdom operations per share:
Basic	$	-	$	-	$	-	$	-
Diluted	$	-	$	-	$	-	$	-
Weighted average shares outstanding:
Basic		27,196		25,975		26,033		26,022
Diluted		27,489		26,111		26,136		26,259

(1)   No dividends were paid during the periods presented.

(In thousands, except per share data)	2010
	Quarters Ended
	March 31			June 30			September 30		December 31
Balance Sheets
Loans receivable, net	$	1,088,342		$	1,134,776		$	1,176,118	$	1,218,013
All other assets		139,414			120,042			108,167		125,502
Total assets	$	1,227,756		$	1,254,818		$	1,284,285	$	1,343,515
Total debt	$	498,287		$	493,472		$	679,561	$	685,667
Other liabilities		198,685			179,728			180,299		183,374
Total liabilities		696,972			673,200			859,860		869,041
Shareholders' equity  (1)		530,784			581,618			424,425		474,474
Total liabilities and shareholders' equity	$	1,227,756		$	1,254,818		$	1,284,285	$	1,343,515
Income Statements
Revenue	$	103,262		$	111,779		$	111,661	$	115,433
Costs and expenses		50,805			45,143			46,465		46,225
Income from continuing operations before provision for income taxes		52,457			66,636			65,196		69,208
Provision for income taxes		20,442			17,571			23,149		22,228
Income from continuing operations		32,015			49,065			42,047		46,980
Loss from discontinued United Kingdom operations, net of tax		(5	)		(25	)		-		-
Net  income	$	32,010		$	49,040		$	42,047	$	46,980
Net  income per share:
Basic	$	1.03		$	1.57		$	1.50	$	1.72
Diluted	$	1.01		$	1.55		$	1.48	$	1.69
Income from continuing operations per share:
Basic	$	1.03		$	1.57		$	1.50	$	1.72
Diluted	$	1.01		$	1.55		$	1.48	$	1.69
Loss from discontinued United Kingdom operations per share:
Basic	$	-		$	-		$	-	$	-
Diluted	$	-		$	-		$	-	$	-
Weighted average shares outstanding:
Basic		31,042			31,172			28,063		27,351
Diluted		31,584			31,601			28,452		27,865

(1)   No dividends were paid during the periods presented.