Enova International (ENVA) 10-Q 31 Jul 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Jul. 29, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Trading Symbol	ENVA
Entity Registrant Name	Enova International, Inc.
Entity Central Index Key	0001529864
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		33,999,696
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	1-35503
Entity Tax Identification Number	453190813
Entity Address, Address Line One	175 West Jackson Blvd.
Entity Address, City or Town	Chicago
Entity Address, State or Province	Illinois
Entity Address, Postal Zip Code	60604
City Area Code	312
Local Phone Number	568-4200

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Assets
Cash and cash equivalents	[1]	$ 65,503	$ 52,917	$ 47,414
Restricted cash	[1]	22,962	24,342	28,863
Loans and finance receivables, net	[1]	892,582	859,946	750,131
Income taxes receivable		12,693	28,914	3,006
Other receivables and prepaid expenses	[1]	34,459	29,983	25,373
Property and equipment, net		52,878	49,553	47,752
Operating lease right-of-use assets		20,813
Goodwill		267,013	267,013	267,013
Intangible assets, net		2,720	3,255	3,790
Other assets	[1]	11,844	12,262	9,862
Total assets		1,383,467	1,328,185	1,183,204
Liabilities and Stockholders' Equity
Accounts payable and accrued expenses	[1]	118,195	89,317	72,406
Operating lease liabilities		37,696
Deferred tax liabilities, net		35,619	33,171	14,322
Long-term debt	[1]	785,504	857,929	762,831
Total liabilities		977,014	980,417	849,559
Commitments and contingencies (Note 9)
Stockholders' equity:
Common stock, $0.00001 par value, 250,000,000 shares authorized, 35,671,114, 34,633,819 and 34,856,553 shares issued and 33,989,158, 34,145,146 and 33,584,606 outstanding as of June 30, 2019 and 2018 and December 31, 2018, respectively		0	0	0
Preferred stock, $0.00001 par value, 25,000,000 shares authorized, no shares issued and outstanding
Additional paid in capital		56,910	48,175	39,335
Retained earnings		396,149	336,415	312,440
Accumulated other comprehensive loss		(14,774)	(13,805)	(10,905)
Treasury stock, at cost (1,681,956, 488,673 and 1,271,947 shares as of June 30, 2019 and 2018 and December 31, 2018, respectively)		(31,832)	(23,017)	(7,225)
Total stockholders' equity		406,453	347,768	333,645
Total liabilities and stockholders' equity		$ 1,383,467	$ 1,328,185	$ 1,183,204
[1]	Includes amounts in wholly owned, bankruptcy-remote special purpose subsidiaries (“VIEs”) presented separately in the table below.

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Statement Of Financial Position [Abstract]
Common stock, par value per share	$ 0.00001	$ 0.00001	$ 0.00001
Common stock, shares authorized	250,000,000	250,000,000	250,000,000
Common stock, shares issued	35,671,114	34,856,553	34,633,819
Common stock, shares outstanding	33,989,158	33,584,606	34,145,146
Preferred stock, par value per share	$ 0.00001	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	25,000,000	25,000,000	25,000,000
Preferred stock, shares issued	0	0	0
Preferred stock, shares outstanding	0	0	0
Treasury stock, shares	1,681,956	1,271,947	488,673

CONSOLIDATED BALANCE SHEETS (Co

CONSOLIDATED BALANCE SHEETS (Consolidated VIEs) (Unaudited) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Assets of consolidated VIEs, included in total assets above
Cash and cash equivalents	[1]	$ 65,503	$ 52,917	$ 47,414
Restricted cash	[1]	22,962	24,342	28,863
Loans and finance receivables, net	[1]	892,582	859,946	750,131
Other receivables and prepaid expenses	[1]	34,459	29,983	25,373
Other assets	[1]	11,844	12,262	9,862
Liabilities of consolidated VIEs, included in total liabilities above
Accounts payable and accrued expenses	[1]	118,195	89,317	72,406
Long-term debt	[1]	785,504	857,929	762,831
Variable Interest Entity, Primary Beneficiary
Assets of consolidated VIEs, included in total assets above
Cash and cash equivalents		420	210
Restricted cash		20,796	22,168	21,744
Loans and finance receivables, net		306,322	318,961	236,953
Other receivables and prepaid expenses		6,671	2,712	8
Other assets		2,530	2,544	132
Total assets		336,739	346,595	258,837
Liabilities of consolidated VIEs, included in total liabilities above
Accounts payable and accrued expenses		2,410	3,087	1,489
Long-term debt		171,931	223,368	176,928
Total liabilities		$ 174,341	$ 226,455	$ 178,417
[1]	Includes amounts in wholly owned, bankruptcy-remote special purpose subsidiaries (“VIEs”) presented separately in the table below.

CONSOLIDATED BALANCE SHEETS (_3

CONSOLIDATED BALANCE SHEETS (Consolidated VIEs) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Allowance for losses	$ 155,180	$ 163,308	$ 121,784
Variable Interest Entity, Primary Beneficiary
Allowance for losses	$ 31,522	$ 27,255	$ 21,019

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Revenue	$ 285,700	$ 253,301	$ 578,883	$ 507,599
Cost of Revenue	138,297	121,494	277,342	230,047
Gross Profit	147,403	131,807	301,541	277,552
Expenses
Marketing	31,904	29,386	55,566	57,122
Operations and technology	32,411	27,195	62,011	52,733
General and administrative	28,876	28,295	58,449	55,216
Depreciation and amortization	3,942	3,837	8,126	7,675
Total Expenses	97,133	88,713	184,152	172,746
Income from Operations	50,270	43,094	117,389	104,806
Interest expense, net	(18,115)	(19,355)	(37,615)	(39,028)
Foreign currency transaction loss	(38)	(204)	(181)	(2,292)
Loss on early extinguishment of debt			(2,321)	(4,710)
Income before Income Taxes	32,117	23,535	77,272	58,776
Provision for income taxes	7,054	5,310	17,192	12,653
Net Income	$ 25,063	$ 18,225	$ 60,080	$ 46,123
Earnings per common share:
Basic	$ 0.74	$ 0.54	$ 1.78	$ 1.36
Diluted	$ 0.73	$ 0.52	$ 1.74	$ 1.32
Weighted average common shares outstanding:
Basic	33,826	33,984	33,660	33,821
Diluted	34,469	35,371	34,451	34,966

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net Income		$ 25,063	$ 18,225	$ 60,080	$ 46,123
Other comprehensive loss, net of tax:
Foreign currency translation loss	[1]	(2,523)	(6,583)	(969)	(2,197)
Reclassification of certain deferred tax effects	[2]				(1,622)
Total other comprehensive loss, net of tax		(2,523)	(6,583)	(969)	(3,819)
Comprehensive Income		$ 22,540	$ 11,642	$ 59,111	$ 42,304
[1]	Net of tax benefit (provision) of $467 and $1,911 for the three months ended June 30, 2019 and 2018, respectively
[2]	Amount reclassified from accumulated other comprehensive loss represents stranded tax effects resulting from the newly enacted federal corporate income tax rate under the Tax Cuts and Jobs Act. The amount of the reclassification is the difference between the historical corporate income tax rate and the newly enacted 21 percent corporate income tax rate. These amounts were recorded to retained earnings on the consolidated balance sheets.

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Tax benefit (provision) of foreign currency translation loss (gain)	$ 467	$ 1,911	$ (33)	$ 310

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total		Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Stock
Balance at Dec. 31, 2017	$ 281,687			$ 29,781	$ 264,695	$ (7,086)	$ (5,703)
Balance, in shares at Dec. 31, 2017			33,933,000				(428,000)
Stock-based compensation expense	5,267			5,267
Shares issued for vested RSUs, in shares			504,000
Shares issued for stock option exercises	4,287			4,287
Shares issued for stock option exercises, in shares			197,000
Net income	46,123				46,123
Foreign currency translation loss, net of tax	(2,197)	[1]				(2,197)
Purchases of treasury shares, at cost	(1,522)						$ (1,522)
Purchases of treasury shares, at cost, in shares							(61,000)
Reclassification of certain deferred tax effects	1,622	[2]			1,622	(1,622)
Balance at Jun. 30, 2018	$ 333,645			39,335	312,440	(10,905)	$ (7,225)
Balance, in shares at Jun. 30, 2018	34,633,819		34,634,000				(489,000)
Balance at Mar. 31, 2018	$ 315,733			32,671	294,215	(4,322)	$ (6,831)
Balance, in shares at Mar. 31, 2018			34,340,000				(478,000)
Stock-based compensation expense	2,834			2,834
Shares issued for vested RSUs, in shares			128,000
Shares issued for stock option exercises	3,830			3,830
Shares issued for stock option exercises, in shares			166,000
Net income	18,225				18,225
Foreign currency translation loss, net of tax	(6,583)	[1]				(6,583)
Purchases of treasury shares, at cost	(394)						$ (394)
Purchases of treasury shares, at cost, in shares							(11,000)
Balance at Jun. 30, 2018	$ 333,645			39,335	312,440	(10,905)	$ (7,225)
Balance, in shares at Jun. 30, 2018	34,633,819		34,634,000				(489,000)
Balance at Dec. 31, 2018	$ 347,768			48,175	336,415	(13,805)	$ (23,017)
Balance, in shares at Dec. 31, 2018	34,856,553		34,857,000				(1,272,000)
Stock-based compensation expense	$ 6,397			6,397
Shares issued for vested RSUs, in shares			524,000
Shares issued for stock option exercises	2,338			2,338
Shares issued for stock option exercises, in shares			290,000
Net income	60,080				60,080
Foreign currency translation loss, net of tax	(969)	[1]				(969)
Purchases of treasury shares, at cost	(8,815)						$ (8,815)
Purchases of treasury shares, at cost, in shares							(410,000)
Cumulative effect of accounting change (Note 1)	(346)				(346)
Balance at Jun. 30, 2019	$ 406,453			56,910	396,149	(14,774)	$ (31,832)
Balance, in shares at Jun. 30, 2019	35,671,114		35,671,000				(1,682,000)
Balance at Mar. 31, 2019	$ 379,214			51,638	371,086	(12,251)	$ (31,259)
Balance, in shares at Mar. 31, 2019			35,340,000				(1,656,000)
Stock-based compensation expense	3,323			3,323
Shares issued for vested RSUs, in shares			97,000
Shares issued for stock option exercises	1,949			1,949
Shares issued for stock option exercises, in shares			234,000
Net income	25,063				25,063
Foreign currency translation loss, net of tax	(2,523)	[1]				(2,523)
Purchases of treasury shares, at cost	(573)						$ (573)
Purchases of treasury shares, at cost, in shares							(26,000)
Balance at Jun. 30, 2019	$ 406,453			$ 56,910	$ 396,149	$ (14,774)	$ (31,832)
Balance, in shares at Jun. 30, 2019	35,671,114		35,671,000				(1,682,000)
[1]	Net of tax benefit (provision) of $467 and $1,911 for the three months ended June 30, 2019 and 2018, respectively
[2]	Amount reclassified from accumulated other comprehensive loss represents stranded tax effects resulting from the newly enacted federal corporate income tax rate under the Tax Cuts and Jobs Act. The amount of the reclassification is the difference between the historical corporate income tax rate and the newly enacted 21 percent corporate income tax rate. These amounts were recorded to retained earnings on the consolidated balance sheets.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash Flows from Operating Activities
Net Income	$ 60,080	$ 46,123
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	8,126	7,675
Amortization of deferred loan costs and debt discount	3,135	3,038
Cost of revenue	277,342	230,047
Stock-based compensation expense	6,397	5,267
Loss on early extinguishment of debt	2,321	4,710
Operating leases, net	(760)
Lease termination and cease-use costs	370
Deferred income taxes, net	1,587	2,458
Other		55
Changes in operating assets and liabilities:
Finance and service charges on loans and finance receivables	(4,071)	(2,911)
Other receivables and prepaid expenses	(3,876)	(1,681)
Accounts payable and accrued expenses	2,648	(151)
Current income taxes	61,460	1,086
Net cash provided by operating activities	414,759	295,716
Cash Flows from Investing Activities
Loans and finance receivables originated or acquired	(854,206)	(786,788)
Loans and finance receivables repaid	545,975	510,238
Purchases of property and equipment	(10,907)	(7,065)
Other investing activities	2	42
Net cash used in investing activities	(319,136)	(283,573)
Cash Flows from Financing Activities
Borrowings under revolving line of credit	150,049	77,000
Repayments under revolving line of credit	(172,049)	(24,001)
Borrowings under securitization facilities	47,800	80,300
Repayments under securitization facilities	(101,418)	(112,647)
Repayments of senior notes		(50,000)
Debt issuance costs paid	(339)	(360)
Debt prepayment penalty paid	(1,392)	(3,656)
Payment of promissory note		(3,000)
Proceeds from exercise of stock options	2,338	4,287
Treasury shares purchased	(8,815)	(1,522)
Net cash used in financing activities	(83,826)	(33,599)
Effect of exchange rates on cash, cash equivalents and restricted cash	(591)	(411)
Net increase (decrease) in cash, cash equivalents and restricted cash	11,206	(21,867)
Cash, cash equivalents and restricted cash at beginning of year	77,259	98,144
Cash, cash equivalents and restricted cash at end of period	88,465	76,277
Supplemental Disclosures
Loans and finance receivables renewed	$ 137,552	$ 184,383

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Significant Accounting Policies	1. Significant Accounting Policies Nature of the Company The Company operates an internet-based lending platform to serve customers in need of cash to fulfill their financial responsibilities. Through a network of direct and indirect marketing channels, the Company offers funds to its customers through a variety of unsecured loan and finance receivable products. The business is operated primarily through the internet to provide convenient, fully-automated financial solutions to its customers. The Company originates, arranges, guarantees or purchases consumer loans and provides financing to small businesses through a line of credit account, installment loan or receivables purchase agreement product (“RPAs”). Consumer loans include short-term loans, line of credit accounts and installment loans. RPAs represent a right to receive future receivables from a small business. “Loans and finance receivables” include consumer loans, small business lines of credit, small business installment loans and RPAs. Basis of Presentation The consolidated financial statements of the Company reflect the historical results of operations and cash flows of the Company during each respective period. The consolidated financial statements include goodwill and intangible assets arising from businesses previously acquired. The financial information included herein may not be indicative of the consolidated financial position, operating results, changes in stockholders’ equity and cash flows of the Company in the future. Intercompany transactions are eliminated. The Company consolidates any variable interest entity (“VIE”) where it has been determined it is the primary beneficiary. The primary beneficiary is the entity which has both the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance as well as the obligation to absorb losses or receive benefits of the entity that could potentially be significant to the VIE. The consolidated financial statements presented as of June 30, 2019 and 2018 and for the three and six-month periods ended June 30, 2019 and 2018 are unaudited but, in management’s opinion, include all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of the results for such interim periods. Operating results for the three and six-month periods are not necessarily indicative of the results that may be expected for the full fiscal year. These consolidated financial statements and related notes should be read in conjunction with the Company’s audited consolidated financial statements as of December 31, 2018 and 2017 and for the years ended December 31, 2018, 2017 and 2016 and related notes, which are included on Form 10-K filed with the SEC on February 27, 2019. Cash, Cash Equivalents and Restricted Cash The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the consolidated balance sheets (in thousands): June 30, 2019 2018 Cash and cash equivalents $ 65,503 $ 47,414 Restricted cash 22,962 28,863 Total cash, cash equivalents and restricted cash $ 88,465 $ 76,277 Reclassification of Accumulated Other Comprehensive Income to Net Income In May 2009 and October 2009, the Company began providing services in Australia and Canada under the brand name DollarsDirect. Due to the small size of the Australian and Canadian markets and our limited operations there, we decided to exit those markets in 2016 and reallocate our resources to our other existing businesses. As a result, we stopped originating loans in those countries and have wound down our loan portfolios. During the quarter ended March 31, 2018, the Company continued the liquidation process of the legal entities related to Australia and Canada and recorded a $2.3 million loss to “Foreign currency transaction loss” in the consolidated statements of income to recognize the cumulative translation adjustment balance that had been previously recorded to “Accumulated other comprehensive loss” on the consolidated balance sheets. Adopted In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016‑02, Leases (Topic 842) Leases (Topic 842): Targeted Improvements Leases (Topic 842): Codification Improvements Accounting Changes and Error Corrections The Company adopted ASU 2016‑02 and ASU 2019‑01 on January 1, 2019 and elected the optional transition method permitted by ASU 2018‑11. The Company elected the package of transition practical expedients, which allows it to not reassess whether any expired or existing contracts are or contain leases and to not reassess the lease classification for existing or expired leases. The Company also elected the practical expedient to not separate lease and associated non-lease components and the short-term lease exception. The following table sets forth the impact of adoption as of January 1, 2019 (in thousands): Increase (decrease) Assets Other receivables and prepaid expenses $ (35 ) Operating lease right-of-use assets 22,332 Total assets $ 22,297 Liabilities and Stockholders' Equity Accounts payable and accrued expenses $ (16,860 ) Operating lease liabilities 39,605 Deferred tax liabilities, net (102 ) Total liabilities 22,643 Stockholders' equity: Retained earnings (346 ) Total stockholders' equity (346 ) Total liabilities and stockholders' equity $ 22,297 Accounting Standards to be Adopted in Future Periods In August 2018, the FASB issued ASU 2018‑15, Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract In January 2017, the FASB issued ASU 2017‑04, Intangibles – Goodwill and Other (Topic 350) – Simplifying the Test for Goodwill Impairment In June 2016, the FASB issued ASU 2016‑13, Measurement of Credit Losses on Financial Instruments Codification Improvements to Topic 326, Financial Instruments—Credit Losse s, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments, which provides subsequent amendments to the initial guidance in ASU 2016 ‑13. In May 2019, the FASB issued ASU 2019-05, Financial Instruments—Credit Losses (Topic 326): Targeted Tr ansition Relief, which provides entities that have certain instruments within the scope of ASC 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost , with an option to irrevocably elect the fair value option in ASC 825-10, Financial Instruments—Overall , applied on an instrument-by-instrument basis for eligible instruments, upon adoption of ASU 2016-13. ASU 2016 ‑ 13 is effective for annual periods beginning after December 15, 2019, and interim periods within those annual periods. The Co mpany is evaluating its alternatives with respect to the available accounting methods under ASU 2016 ‑ 13, including the fair value option. If the fair value option is not utilized, adoption of ASU 2016-13 will increase the allowance for credit losses with a resulting negative adjustment to retained earnings on the date of adoption .

Loans and Finance Receivables,

Loans and Finance Receivables, Credit Quality Information and Allowances and Liabilities for Estimated Losses on Loans and Finance Receivables	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Loans and Finance Receivables, Credit Quality Information and Allowances and Liabilities for Estimated Losses on Loans and Finance Receivables	2. Loans and Finance Receivables, Credit Quality Information and Allowances and Liabilities for Estimated Losses on Loans and Finance Receivables Revenue generated from the Company’s loans and finance receivables for the three and six months ended June 30, 2019 and 2018 was as follows (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Short-term loans $ 36,722 $ 50,312 $ 83,047 $ 103,687 Line of credit accounts 110,670 79,658 215,153 157,967 Installment loans and RPAs 138,064 123,049 280,126 245,157 Total loans and finance receivables revenue 285,456 253,019 578,326 506,811 Other 244 282 557 788 Total revenue $ 285,700 $ 253,301 $ 578,883 $ 507,599 Current and Delinquent Loans and Finance Receivables The Company classifies its loans and finance receivables as either current or delinquent. Short-term loans are considered delinquent when payment of an amount due is not made as of the due date. If a line of credit account or installment loan customer misses one payment, that payment is considered delinquent and the balance of the loan is considered current. If a line of credit account or installment loan customer does not make two consecutive payments, the entire account or loan is classified as delinquent and placed on a non-accrual status. The Company allows for normal payment processing time before considering a loan delinquent but does not provide for any additional grace period. The Company does not accrue interest on delinquent loans and does not resume accrual of interest on a delinquent loan unless it is returned to current status. In addition, delinquent loans generally may not be renewed, and if, during its attempt to collect on a delinquent loan, the Company allows additional time for payment through a payment plan or a promise to pay, it is still considered delinquent. Generally, all payments received are first applied against accrued but unpaid interest and fees and then against the principal balance of the loan. Allowance and Liability for Estimated Losses on Loans and Finance Receivables The Company monitors the performance of its loan and finance receivable portfolios and maintains either an allowance or liability for estimated losses on loans and finance receivables (including revenue, fees and/or interest) at a level estimated to be adequate to absorb losses inherent in the portfolio. The allowance for losses on the Company’s owned loans and finance receivables reduces the outstanding loans and finance receivables balance in the consolidated balance sheets. Through its CSO programs, the Company provides services related to third-party lenders’ short-term and installment consumer loan products by acting as a credit services organization or credit access business on behalf of consumers in accordance with applicable state laws. The liability for estimated losses related to loans guaranteed under its CSO programs is initially recorded at fair value and is included in “Accounts payable and accrued expenses” in the consolidated balance sheets. In determining the allowance or liability for estimated losses on loans and finance receivables, the Company applies a documented systematic methodology. In calculating the allowance or liability for receivable losses, outstanding loans and finance receivables are divided into discrete groups of short-term loans, line of credit accounts, installment loans and RPAs and are analyzed as current or delinquent. Increases in either the allowance or the liability, net of charge-offs and recoveries, are recorded as a “Cost of revenue” in the consolidated statements of income. The allowance or liability for short-term loans classified as current is based on historical loss rates adjusted for rece nt default trends for current loans. For delinquent short-term loans, the allowance or liability is based on a six-month rolling average of loss rates by stage of collection. For line of credit account, installment loan and RPA portfolios, the Company gene rally uses either a migration analysis or roll-rate based methodology to estimate losses inherent in the portfolio. The allowance or liability calculation under the migration analysis and roll-rate methodology is based on historical charge-off experience a nd the loss emergence period, which represents the average amount of time between the first occurrence of a loss event and the charge-off of a loan or RPA. The factors the Company considers to assess the adequacy of the allowance or liability include past due performance, historical behavior of monthly vintages, underwriting changes and recent trends in delinquency in the migration analysis. The roll-rate methodology is based on delinquency status, payment history and recency factors to estimate future char ge-offs. The Company fully reserves for loans and finance receivables once the receivable or a portion of the receivable has been classified as delinquent for 60 consecutive days and generally charges off loans and finance receivables between 60 and 65 days delinquent. If a loan or finance receivable is deemed uncollectible before it is fully reserved, it is charged off at that point. Loans and finance receivables classified as delinquent generally have an age of one to 64 days from the date any portion of the receivable became delinquent, as defined above. Recoveries on loans and finance receivables previously charged to the allowance are credited to the allowance when collected. The components of Company-owned loans and finance receivables at June 30, 2019 and 2018 and December 31, 2018 were as follows (dollars in thousands): As of June 30, 2019 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Current receivables $ 30,639 $ 250,360 $ 679,383 $ 960,382 Delinquent receivables: Delinquent payment amounts (1) — 11,176 3,301 14,477 Receivables on non-accrual status 19,624 2,289 50,990 72,903 Total delinquent receivables 19,624 13,465 54,291 87,380 Total loans and finance receivables, gross 50,263 263,825 733,674 1,047,762 Less: Allowance for losses (13,729 ) (51,419 ) (90,032 ) (155,180 ) Loans and finance receivables, net $ 36,534 $ 212,406 $ 643,642 $ 892,582 As of June 30, 2018 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Current receivables $ 40,443 $ 172,755 $ 575,750 $ 788,948 Delinquent receivables: Delinquent payment amounts (1) — 6,917 2,108 9,025 Receivables on non-accrual status 26,812 1,462 45,668 73,942 Total delinquent receivables 26,812 8,379 47,776 82,967 Total loans and finance receivables, gross 67,255 181,134 623,526 871,915 Less: Allowance for losses (18,861 ) (31,050 ) (71,873 ) (121,784 ) Loans and finance receivables, net $ 48,394 $ 150,084 $ 551,653 $ 750,131 As of December 31, 2018 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Current receivables $ 37,558 $ 213,896 $ 672,538 $ 923,992 Delinquent receivables: Delinquent payment amounts (1) — 10,783 2,696 13,479 Receivables on non-accrual status 30,167 2,884 52,732 85,783 Total delinquent receivables 30,167 13,667 55,428 99,262 Total loans and finance receivables, gross 67,725 227,563 727,966 1,023,254 Less: Allowance for losses (21,420 ) (51,008 ) (90,880 ) (163,308 ) Loans and finance receivables, net $ 46,305 $ 176,555 $ 637,086 $ 859,946 (1) Represents the delinquent portion of installment loans and line of credit account balances for customers that have only missed one payment and RPA customers who have not delivered agreed upon receivables. See “Current and Delinquent Loans and Finance Receivables” above for additional information. Changes in the allowance for losses for the Company-owned loans and finance receivables and the liability for losses on the Company’s guarantees of third-party lender-owned loans during the three and six months ended June 30, 2019 and 2018 were as follows (dollars in thousands): Three Months Ended June 30, 2019 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Allowance for losses for Company-owned loans and finance receivables: Balance at beginning of period $ 15,418 $ 41,362 $ 84,621 $ 141,401 Cost of revenue 12,004 48,326 77,505 137,835 Charge-offs (19,085 ) (42,021 ) (92,337 ) (153,443 ) Recoveries 5,494 3,752 20,513 29,759 Effect of foreign currency translation (102 ) — (270 ) (372 ) Balance at end of period $ 13,729 $ 51,419 $ 90,032 $ 155,180 Liability for third-party lender-owned loans: Balance at beginning of period $ 1,106 $ — $ 158 $ 1,264 Increase in liability 195 — 267 462 Balance at end of period $ 1,301 $ — $ 425 $ 1,726 Three Months Ended June 30, 2018 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Allowance for losses for Company-owned loans and finance receivables: Balance at beginning of period $ 19,136 $ 27,120 $ 68,027 $ 114,283 Cost of revenue 19,764 31,211 69,837 120,812 Charge-offs (25,615 ) (30,554 ) (79,744 ) (135,913 ) Recoveries 5,989 3,273 14,866 24,128 Effect of foreign currency translation (413 ) — (1,113 ) (1,526 ) Balance at end of period $ 18,861 $ 31,050 $ 71,873 $ 121,784 Liability for third-party lender-owned loans: Balance at beginning of period $ 1,261 $ — $ 149 $ 1,410 Increase in liability 622 — 60 682 Balance at end of period $ 1,883 $ — $ 209 $ 2,092 Six Months Ended June 30, 2019 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Allowance for losses for Company-owned loans and finance receivables: Balance at beginning of period $ 21,420 $ 51,008 $ 90,880 $ 163,308 Cost of revenue 29,952 86,065 161,765 277,782 Charge-offs (48,561 ) (93,243 ) (204,177 ) (345,981 ) Recoveries 10,869 7,589 41,589 60,047 Effect of foreign currency translation 49 — (25 ) 24 Balance at end of period $ 13,729 $ 51,419 $ 90,032 $ 155,180 Liability for third-party lender-owned loans: Balance at beginning of period $ 1,964 $ — $ 202 $ 2,166 (Decrease) increase in liability (663 ) — 223 (440 ) Balance at end of period $ 1,301 $ — $ 425 $ 1,726 Six Months Ended June 30, 2018 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Allowance for losses for Company-owned loans and finance receivables: Balance at beginning of period $ 19,917 $ 31,148 $ 71,979 $ 123,044 Cost of revenue 40,931 56,594 132,688 230,213 Charge-offs (54,100 ) (63,361 ) (160,950 ) (278,411 ) Recoveries 12,261 6,669 28,991 47,921 Effect of foreign currency translation (148 ) — (835 ) (983 ) Balance at end of period $ 18,861 $ 31,050 $ 71,873 $ 121,784 Liability for third-party lender-owned loans: Balance at beginning of period $ 2,105 $ — $ 153 $ 2,258 (Decrease) increase in liability (222 ) — 56 (166 ) Balance at end of period $ 1,883 $ — $ 209 $ 2,092 Guarantees of Consumer Loans In connection with its CSO programs, the Company guarantees consumer loan payment obligations to unrelated third-party lenders for short-term and installment loans and is required to purchase any defaulted loans it has guaranteed. The guarantee represents an obligation to purchase specific loans that go into default. As of June 30, 2019 and 2018 and December 31, 2018, the amount of consumer loans guaranteed by the Company was $21.5 million, $28.7 million and $29.7 million, respectively, representing amounts due under consumer loans originated by third-party lenders under the CSO programs. The estimated fair value of the liability for estimated losses on consumer loans guaranteed by the Company of $1.7 million, $2.1 million and $2.2 million, as of June 30, 2019 and 2018 and December 31, 2018, respectively, is included in “Accounts payable and accrued expenses” in the consolidated balance sheets. Bank Program Loans In order to leverage its online lending platform, the Company launched a program with a bank in 2016 to provide technology, marketing services, and loan servicing for near-prime unsecured consumer installment loans. Under the program, the Company received marketing and servicing fees while the bank received an origination fee. The bank had the ability to sell the loans it originated to the Company. In May 2018, as a result of a change in the law in Ohio, our bank partner suspended lending and the Company suspended purchasing loans through this program. The Company plans to continue and grow this program in the future by adding new partners and expanding into additional states.

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	3. Leases The Company has operating leases primarily for its corporate headquarters, other offices located in the U.S. and the U.K. and certain equipment. The Company’s leases have remaining lease terms of less than one year to nine years. Certain leases include options to extend the leases for up to five years, while others include options to terminate the leases within one year. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company determines if an arrangement is an operating lease at inception. Leases with an initial term of 12 months or less are not recorded on the consolidated balance sheet. All other operating leases are recorded on the consolidated balance sheet with right-of-use assets representing the right to use the underlying asset for the lease term and lease liabilities representing the obligation to make lease payments arising from the lease. Right-of-use assets and lease liabilities , plus any lease payments made at or before the commencement date, less any lease incentives received. Lease expenses for the three and six months ended June 30, 2019 were as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2019 2019 Operating lease cost $ 1,543 $ 3,117 Operating lease impairment charge — 370 Variable lease cost 103 161 Short-term lease cost 76 91 Total lease cost $ 1,722 $ 3,739 Future minimum lease payments as of June 30, 2019 are as follows (in thousands): Year Amount 2019 $ 3,792 2020 7,388 2021 7,328 2022 7,018 2023 7,115 Thereafter 23,464 Total lease payments $ 56,105 Less: interest 18,409 Present value of lease liabilities $ 37,696 The weighted average remaining lease term and discount rate as of June 30, 2019 were as follows: June 30, 2019 Weighted average remaining lease term (years) Operating leases 7.6 Weighted average discount rate Operating leases 10.79 % Supplemental cash flow disclosures related to leases for the six months ended June 30, 2019 were as follows (in thousands): Six Months Ended June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 3,877 Right-of-use assets obtained in exchange for lease obligations Operating leases 25

Long-term Debt

Long-term Debt	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Long-term Debt	4. Long-term debt The Company’s long-term debt instruments and balances outstanding as of June 30, 2019 and 2018 and December 31, 2018 were as follows (dollars in thousands): June 30, December 31, 2019 2018 2018 Securitization notes $ 173,675 $ 179,059 $ 227,288 Revolving line of credit — 52,999 22,000 9.75% senior notes due 2021 — 293,178 — 8.50% senior notes due 2024 250,000 250,000 250,000 8.50% senior notes due 2025 375,000 — 375,000 Subtotal 798,675 775,236 874,288 Less: Long-term debt issuance costs (13,171 ) (12,405 ) (16,359 ) Total long-term debt $ 785,504 $ 762,831 $ 857,929 Weighted average interest rates on long-term debt were 8.85% and 10.06% during the six months ended June 30, 2019 and 2018, respectively. As of June 30, 2019 and 2018 and December 31, 2018, the Company was in compliance with all covenants and other requirements set forth in the prevailing long-term debt agreements. 8.50% Senior Unsecured Notes Due 2025 On September 19, 2018, the Company issued and sold $375.0 million in aggregate principal amount of 8.50% Senior Notes due 2025 (the “2025 Senior Notes”). The 2025 Senior Notes were sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States pursuant to Regulation S under the Securities Act. The 2025 Senior Notes bear interest at a rate of 8.50% annually on the principal amount payable semi-annually in arrears on March 15 and September 15 of each year, beginning on March 15, 2019. The 2025 Senior Notes were sold at a price of 100%. The 2025 Senior Notes will mature on September 15, 2025. The 2025 Senior Notes are unsecured debt obligations of the Company, and are unconditionally guaranteed by certain of the Company’s domestic subsidiaries. The 2025 Senior Notes are redeemable at the Company’s option, in whole or in part, (i) at any time prior to September 15, 2021 at 100% of the aggregate principal amount of 2025 Senior Notes redeemed plus the applicable “make whole” premium specified in the indenture that governs the Company’s 2025 Notes (the “2025 Senior Notes Indenture”), plus accrued and unpaid interest, if any, to the redemption date and (ii) at any time on or after September 15, 2021 at the premium, if any, specified in the 2025 Senior Notes Indenture that will decrease over time, plus accrued and unpaid interest, if any, to the redemption date. In addition, prior to September 15, 2021, at its option, the Company may redeem up to 40% of the aggregate principal amount of the 2025 Senior Notes at a redemption price of 108.5% of the aggregate principal amount of 2025 Senior Notes redeemed, plus accrued and unpaid interest, if any, to the redemption date, with the proceeds of certain equity offerings as described in the 2025 Senior Notes Indenture. The 2025 Senior Notes and the related guarantees have not been and will not be registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities or blue sky laws and foreign securities laws. The Company used a portion of the net proceeds of the 2025 Senior Notes offering to retire $295.0 million of the remaining outstanding 9.75% senior notes due 2021 (the “2021 Senior Notes) and pay the related accrued interest, premiums, fees and expenses associated therewith. The remaining amount was used for general corporate purposes. 8.50% Senior Unsecured Notes Due 2024 On September 1, 2017, the Company issued and sold $250.0 million in aggregate principal amount of 8.50% Senior Notes due 2024 (the “2024 Senior Notes”). The 2024 Senior Notes were sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act. The 2024 Senior Notes bear interest at a rate of 8.50% annually on the principal amount payable semi-annually in arrears on March 1 and September 1 of each year, beginning on March 1, 2018. The 2024 Senior Notes were sold at a price of 100%. The 2024 Senior Notes will mature on September 1, 2024. The 2024 Senior Notes are unsecured debt obligations of the Company, and are unconditionally guaranteed by certain of its domestic subsidiaries. The 2024 Senior Notes are redeemable at the Company’s option, in whole or in part, (i) at any time prior to September 1, 2020 at 100% of the aggregate principal amount of 2024 Senior Notes redeemed plus the applicable “make whole” premium specified in the indenture that governs the Company’s 2024 Notes (the “2024 Senior Notes Indenture”), plus accrued and unpaid interest, if any, to the redemption date and (ii) at any time on or after September 1, 2020 at the premium, if any, specified in the 2024 Senior Notes Indenture that will decrease over time, plus accrued and unpaid interest, if any, to the redemption date. In addition, prior to September 1, 2020, at its option, the Company may redeem up to 40% of the aggregate principal amount of the 2024 Senior Notes at a redemption price of 108.5% of the aggregate principal amount of 2024 Senior Notes redeemed, plus accrued and unpaid interest, if any, to the redemption date, with the proceeds of certain equity offerings as described in the 2024 Senior Notes Indenture. The 2024 Senior Notes and the related guarantees have not been and will not be registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities or blue sky laws and foreign securities laws. The Company used the net proceeds of the 2024 Senior Notes offering to retire a portion of the 2021 Senior Notes, to pay the related accrued interest, premiums, fees and expenses associated therewith and for general corporate purposes. Consumer Loan Securitizations 2019‑1 Facility On February 25, 2019 (the “2019‑1 Closing Date”), the Company and several of its subsidiaries entered into a receivables securitization (the “2019‑1 Facility”) with PCAM Credit II, LLC, as lender (the “2019‑1 Lender”). The 2019‑1 Lender is an affiliate of Park Cities Asset Management, LLC. The 2019‑1 Facility finances Securitization Receivables that have been and will be originated or acquired under the Company’s NetCredit and CashNetUSA brands by several of the Company’s subsidiaries and that meet specified eligibility criteria. Under the 2019‑1 Facility, eligible Securitization Receivables are sold to a wholly-owned subsidiary of the Company (the “2019‑1 Debtor”) and serviced by another subsidiary of the Company. The 2019‑1 2019‑1 2019‑1 2019‑1 2019‑1 As of June 30, 2019, the total outstanding amount of the 2019‑1 Facility was $12.8 million. The 2019‑1 2019‑1 2019‑1 2019‑1 2019‑1 2019‑1 2019‑1 2019‑1 2019‑1 2019‑1 2019‑1 2019‑1 All amounts due under the 2019 ‑1 Facility are secured by all of the 2019 ‑1 Debtor’s assets, which include the eligible Securi tization Receivables transferred to the 2019 ‑1 Debtor, related rights under the eligible Securitization Receivables, a bank account and certain other related collateral. The Company has issued a limited indemnity to the 2019 ‑1 Lender for certain “bad acts, ” and the Company has agreed for the benefit of the 2019 ‑1 Lender to meet certain ongoing financial performance covenants. The 2019‑1 2019‑1 2019‑1 2018‑A Notes On October 31, 2018 (the “2018‑A Closing Date”), the Company issued $95,000,000 Class A Asset Backed Notes (the “Class A Notes”) and $30,400,000 Class B Asset Backed Notes (the “Class B Notes” and, collectively with the Class A Notes, the “2018‑A Notes”), through an indirect subsidiary. The Class A Notes bear interest at 4.20% and the Class B Notes bear interest at 7.37%. The 2018‑A Notes are backed by a pool of unsecured consumer installment loans (“Securitization Receivables”) and represent obligations of the issuer only. The 2018‑A Notes are not guaranteed by the Company. Under the 2018‑A Notes, Securitization Receivables are sold to a wholly-owned subsidiary of the Company and serviced by another subsidiary of the Company. As of June 30, 2019 and December 31, 2018, the total outstanding amount of the 2018‑A Notes was $63.1 million and $111.4 million, respectively. The net proceeds of the offering of the 2018‑A Notes on the 2018‑A Closing Date were used to acquire the Securitization Receivables from the Company, fund a reserve account and pay fees and expenses incurred in connection with the transaction. The 2018 ‑ ‑ 2018‑2 Facility On October 23, 2018, the Company and several of its subsidiaries entered into a receivables funding agreement (the “2018 ‑ ‑ ‑ ‑ ‑ The 2018 ‑ ‑ As of June 30, 2019 and December 31, 2018, the total outstanding amount of the 2018‑2 Facility was $50.0 million and $25.0 million, respectively The 2018 ‑ ‑ ‑ ‑ ‑ ‑ ‑ ‑ ‑ All amounts due under the 2018 ‑ ‑ ‑ The 2018 ‑ that provide for the acceleration of the 2018 ‑ 2 Facility in circumstances including, but not limited to, failure to make payments when due, servicer defaults, certain insolvency events, breaches of representations, warranties or covenants, failure to maintain the security interest in the Securitization Receivables and defaults under other material indebtedness of the 2018 ‑ 2 Debtor. 2018‑1 Facility On July 23, 2018, the Company and several of its subsidiaries entered into a receivables funding agreement (the “2018‑1 Facility”) with Pacific Western Bank, as lender (the “2018‑1 Lender”). The 2018‑1 Facility collateralizes Securitization Receivables that have been and will be originated or acquired under the Company’s NetCredit brand by several of its subsidiaries and that meet specified eligibility criteria in exchange for a revolving note. Under the 2018‑1 Facility, Securitization Receivables are sold to a wholly-owned subsidiary of the Company (the “2018‑1 Debtor”) and serviced by another subsidiary of the Company. The 2018‑1 Debtor has issued a revolving note with an initial maximum principal balance of $150.0 million, which is required to be secured by 1.25 times the drawn amount in eligible Securitization Receivables. The 2018‑1 Facility is non-recourse to the Company and matures on July 22, 2023. As of June 30, 2019 and December 31, 2018, the total outstanding amount of the 2018‑1 Facility was $46.0 million and $36.0 million, respectively. The 2018 ‑ ‑ ‑ ‑ ‑ ‑ ‑ All amounts due under the 2018 ‑ ‑ ‑ The 2018 ‑ ‑ ‑ 2016‑1 Facility On January 15, 2016, the Company and certain of its subsidiaries entered into a receivables securitization (as amended, the “2016 ‑ ‑ ‑ ‑ ‑ ‑ Subject to certain exceptions, the 2016 ‑ As of June 30, 2018 and December 31, 2018, the carrying amount of the 2016-1 Facility was $161.8 million and $54.9 million, respectively. 2016‑2 Facility On December 1, 2016, the Company and certain of its subsidiaries entered into a receivables securitization (the “2016‑2 Facility”) with Redpoint Capital Asset Funding, LLC, as lender. The 2016‑2 Facility securitized Securitization Receivables that were originated or acquired under the Company’s NetCredit brand by several of the Company’s subsidiaries and that met specified eligibility criteria, including that the annual percentage rate for each securitized consumer loan was greater than or equal to 90% . Under the 2016 ‑ 2 Facility, Securitization Receivables are sold to a wholly-owned subsidiary of the Company and serviced by another subsidiary of the Company. In October 2018, the 2016 ‑ 2 Facility was repaid in full and there is no remaining amount available to be borrowed. As of June 30, 2018 , the carry ing amount of the 2016 ‑ 2 Facility was $ 15.1 million. Revolving Credit Facility On June 30, 2017, the Company and certain of its operating subsidiaries entered into a secured revolving credit agreement with a syndicate of banks including TBK Bank, SSB (“TBK”), as administrative agent and collateral agent, Jefferies Finance LLC and TBK as Joint Lead Arrangers and joint lead bookrunners, and Veritex Community Bank (as successor in interest to Green Bank, N.A.), as lender (as amended the “Credit Agreement”). On April 13, 2018 and October 5, 2018, the Credit Agreement was amended to include Pacific Western Bank and Axos Bank, respectively, as lenders in the syndicate of lenders. Additionally, on July 1, 2019 the Credit Agreement was amended to, amongst other changes, extend the maturity date to June 30, 2022 from May 1, 2020 and increase the advance rate to 65% from 53%. The Credit Agreement is secured by domestic receivables. The borrowing limit in the Credit Agreement, as amended, is $125 million and its maturity date is June 30, 2022. There were no outstanding borrowings under the Credit Agreement as of June 30, 2019. The Company had outstanding borrowings under the Credit Agreement of $53.0 million and $22.0 million as of June 30, 2018 and December 31, 2018, respectively. The Credit Agreement provides for a revolving credit line with interest on borrowings under the facility at prime rate plus 1.00%. In addition, the Credit Agreement provides for payment of a commitment fee calculated with respect to the unused portion of the line, and ranges from 0.30% per annum to 0.50% per annum depending on usage. A portion of the revolving credit facility, up to a maximum of $20 million, is available for the issuance of letters of credit. The Company had outstanding letters of credit under the Credit Agreement of $1.2 million, $7.6 million and $1.6 million as of June 30, 2019 and 2018 and December 31, 2018, respectively. The Credit Agreement provides for certain prepayment penalties if it is terminated on or before its first and second anniversary date, subject to certain exceptions. The Credit Agreement contains certain limitations on the incurrence of additional indebtedness, investments, the attachment of liens to the Company’s property, the amount of dividends and other distributions, fundamental changes to the Company or its business and certain other activities of the Company. The Credit Agreement contains standard financial covenants for a facility of this type based on a leverage ratio and a fixed charge coverage ratio. The Credit Agreement also provides for customary affirmative covenants, including financial reporting requirements, and certain events of default, including payment defaults, covenant defaults and other customary defaults. 9.75% Senior Unsecured Notes Due 2021 On May 30, 2014, the Company issued and sold $500.0 million in aggregate principal amount of 9.75% Senior Notes due 2021. The 2021 Senior Notes bore interest at a rate of 9.75% annually on the principal amount payable semi-annually in arrears on June 1 and December 1 of each year, beginning on December 1, 2014. The 2021 Senior Notes were sold at a discount of the principal amount to yield 10.0% to maturity and would have matured on June 1, 2021. During the year ended December 31, 2018 the Company repurchased the remaining $345.0 million of principal amount of the 2021 Senior Notes, which included $50.0 million principal amount of the 2021 Senior Notes for aggregate cash consideration of $53.7 million plus accrued interest during the six months ended June 30, 2018. During the six months ended June 30, 2018 the Company recorded a loss on extinguishment of debt of approximately $4.7 million ($3.7 million net of tax), which is included in “Loss on early extinguishment of debt” in the consolidated statements of income.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	5. Income Taxes The Company’s effective tax rate for the six months ended June 30, 2019, increased to 22.2% from 21.5% for the six months ended June 30, 2018. The increase was primarily attributable to additional interest expense accrued on unrecognized tax benefits As of June 30, 2019, the balance of unrecognized tax benefits was $ 45.2 ($44.5 million net of the federal benefit of state matters), which is included in “Accounts payable and accrued expenses” on the consolidated balance sheet The Company had $0.9 million of unrecognized tax benefits as of The Company domestic tax benefits could change by a significant amount. The principal uncertainties are related to the timing of recognition of income and losses related to the Compa ny’s loan portfolio. Subsequent to quarter end, the C ompany was notified of an IRS examination in connection with its 2017 tax return and related carryback claim. During the first quarter of 2019 , the Company received an expected refund from the Internal Revenue Service of $ 45.7 million. Depending upon the outcome of the review and any related agreements or settlements with the relevant taxing authorities, the amount of the uncertainty, including amounts that would be recognized as a component of the effective tax rate, could change significantly. While the total amount of uncertainty t o be resolved is not clear, it is reasonably possible that the uncertainties pertaining to this matter will be resolved in the next twelve months. The C ompany believes that it has adequately accounted for any material tax uncertainties in its existing reserves for all open tax years. The Company’s U.S. tax returns are subject to examination by federal and state taxing authorities. The statute of limitations related to the Company’s consolidated Federal income tax returns is closed for all tax years up to and including 2013. The years open to examination by state, local and foreign government authorities vary by jurisdiction, but the statute of limitation is generally three years from the date the tax return is filed. For jurisdictions that have generated net operating losses, carryovers may be subject to the statute of limitations applicable for the year those carryovers are utilized. In these cases, the period for which the losses may be adjusted will extend to conform with the statute of limitations for the year in which the losses are utilized. In most circumstances, this is expected to increase the length of time that the applicable taxing authority may examine the carryovers by one year or longer, in limited cases.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Accumulated Other Comprehensive Loss	6. Accumulated Other Comprehensive Loss The following tables set forth the components of accumulated other comprehensive loss, net of tax for the three and six months ended June 30, 2019 and 2018 (in thousands): Foreign currency translation gain (loss) Total Balance at March 31, 2018 $ (4,322 ) $ (4,322 ) Other comprehensive income, before reclassifications and tax (8,494 ) (8,494 ) Tax impact 1,911 1,911 Balance at June 30, 2018 $ (10,905 ) $ (10,905 ) Balance at March 31, 2019 $ (12,251 ) $ (12,251 ) Other comprehensive loss, before reclassifications and tax (2,990 ) (2,990 ) Tax impact 467 467 Balance at June 30, 2019 $ (14,774 ) $ (14,774 ) Foreign currency translation gain (loss) Total Balance at December 31, 2017 $ (7,086 ) $ (7,086 ) Other comprehensive income, before reclassifications and tax (4,850 ) (4,850 ) Tax impact 1,091 1,091 Australia and Canada liquidation (1) 2,343 2,343 Tax impact (781 ) (781 ) Reclassification of certain deferred tax effects (2) (1,622 ) (1,622 ) Balance at June 30, 2018 $ (10,905 ) $ (10,905 ) Balance at December 31, 2018 $ (13,805 ) $ (13,805 ) Other comprehensive loss, before reclassifications and tax (936 ) (936 ) Tax impact (33 ) (33 ) Balance at June 30, 2019 $ (14,774 ) $ (14,774 ) (1) Amount reclassified from accumulated other comprehensive loss represents the realization of foreign currency translation losses on the Company’s Australia and Canada businesses for the six months ended June 30, 2018. These amounts were recorded in “Foreign currency transaction loss” on the consolidated statements of income. See Note 1 for additional information. (2) Amount reclassified from accumulated other comprehensive loss represents stranded tax effects resulting from the newly enacted federal corporate income tax rate under the Tax Cuts and Jobs Act. The amount of the reclassification is the difference between the historical corporate income tax rate and the newly enacted 21 percent corporate income tax rate. These amounts were recorded to retained earnings on the consolidated balance sheets.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	7. Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated by giving effect to the potential dilution that could occur if securities or other contracts to issue common shares were exercised and converted into common shares during the period. Restricted stock units issued under the Company’s stock-based employee compensation plans are included in diluted shares upon the granting of the awards even though the vesting of shares will occur over time. The following table sets forth the reconciliation of numerators and denominators of basic and diluted earnings per share computations for the three and six months ended June 30, 2019 and 2018 (in thousands, except per share amounts): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Numerator: Net income $ 25,063 $ 18,225 $ 60,080 $ 46,123 Denominator: Total weighted average basic shares 33,826 33,984 33,660 33,821 Shares applicable to stock-based compensation 643 1,387 791 1,145 Total weighted average diluted shares 34,469 35,371 34,451 34,966 Earnings per share: Net income per share – basic $ 0.74 $ 0.54 $ 1.78 $ 1.36 Net income per share – diluted $ 0.73 $ 0.52 $ 1.74 $ 1.32 For the three months ended June 30, and June 30,

Operating Segment Information

Operating Segment Information	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Operating Segment Information	8. Operating Segment Information The Company provides online financial services to non-prime credit consumers and small businesses in the United States, United Kingdom, and Brazil and has one reportable segment, which is composed of the Company’s domestic and international operations and corporate services. The Company has aggregated all components of its business into a single operating segment based on the similarities of the economic characteristics, the nature of the products and services, the nature of the production and distribution methods, the shared technology platforms, the type of customer and the nature of the regulatory environment. The following tables present information on the Company’s domestic, international operations and corporate services as of and for the three and six months ended June 30, 2019 and 2018 (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Revenue Domestic $ 254,205 $ 213,638 $ 512,193 $ 426,604 International 31,495 39,663 66,690 80,995 Total revenue $ 285,700 $ 253,301 $ 578,883 $ 507,599 Income (loss) from operations Domestic $ 87,975 $ 72,183 $ 193,081 $ 159,942 International (7,403 ) 1,070 (14,558 ) 2,788 Corporate services (30,302 ) (30,159 ) (61,134 ) (57,924 ) Total income from operations $ 50,270 $ 43,094 $ 117,389 $ 104,806 Depreciation and amortization Domestic $ 1,946 $ 1,897 $ 4,154 $ 3,755 International 410 371 808 743 Corporate services 1,586 1,569 3,164 3,177 Total depreciation and amortization $ 3,942 $ 3,837 $ 8,126 $ 7,675 Expenditures for property and equipment Domestic $ 2,876 $ 2,214 $ 5,261 $ 4,204 International 1,401 886 2,313 1,954 Corporate services 1,746 616 3,333 907 Total expenditures for property and equipment $ 6,023 $ 3,716 $ 10,907 $ 7,065 June 30, 2019 2018 Property and equipment, net Domestic $ 25,662 $ 17,783 International 6,415 8,357 Corporate services 20,801 21,612 Total property and equipment, net $ 52,878 $ 47,752 Assets Domestic $ 1,166,927 $ 996,105 International 126,754 127,613 Corporate services 89,786 59,486 Total assets $ 1,383,467 $ 1,183,204 Geographic Information The following table presents the Company’s revenue by geographic region for the three and six months ended June 30, 2019 and 2018 (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Revenue United States $ 254,205 $ 213,638 $ 512,193 $ 426,604 United Kingdom 26,256 34,010 55,001 68,999 Other international countries 5,239 5,653 11,689 11,996 Total revenue $ 285,700 $ 253,301 $ 578,883 $ 507,599 The Company’s long-lived assets, which consist of the Company’s property and equipment, were $52.9 million and $47.8 million at June 30, 2019 and 2018, respectively. The operations for the Company’s domestic and international businesses are primarily located within the United States, and the value of any long-lived assets located outside of the United States is immaterial.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies Litigation On April 23, 2018, the Commonwealth of Virginia, through Attorney General Mark R. Herring, filed a lawsuit in the Circuit Court for the County of Fairfax, Virginia against NC Financial Solutions of Utah, LLC (“NC Utah”), a subsidiary of the Company. The lawsuit alleges violations of the Virginia Consumer Protection Act (“VCPA”) relating to NC Utah’s communications with customers, collections of certain payments, its loan agreements, and the rates it charged to Virginia borrowers. The plaintiff is seeking to enjoin NC Utah from continuing its current lending practices in Virginia, restitution, civil penalties, and costs and expenses in connection with the same. Neither the likelihood of an unfavorable decision nor the ultimate liability, if any, with respect to this matter can be determined at this time, and the Company is currently unable to estimate a range of reasonably possible losses, as defined by ASC 450-20-20, Contingencies–Loss Contingencies–Glossary, The Company is also involved in certain routine legal proceedings, claims and litigation matters encountered in the ordinary course of its business. Certain of these matters may be covered to an extent by insurance or by indemnification agreements with third parties. The Company has recorded accruals in its consolidated financial statements for those matters in which it is probable that it has incurred a loss and the amount of the loss, or range of loss, can be reasonably estimated. In the opinion of management, the resolution of these matters will not have a material adverse effect on the Company’s financial position, results of operations or liquidity.

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Instruments	10 . Derivative Instruments The Company periodically uses derivative instruments to manage risk from changes in market conditions that may affect the Company’s financial performance. The Company has primarily used derivative instruments to manage its primary market risks, which are interest rate risk and foreign currency exchange rate risk. The Company has periodically used forward currency exchange contracts to minimize the effects of foreign currency risk in the United Kingdom and Brazil. The forward currency exchange contracts are non-designated derivatives. Any gain or loss resulting from these contracts is recorded as income or loss and is included in “Foreign currency transaction loss” in the Company’s consolidated statements of income. As of June 30, 2019, the Company did not manage its exposure to risk from foreign currency exchange rate fluctuations through the use of forward currency exchange contracts in the United Kingdom or Brazil. The Company had no outstanding derivative instruments as of June 30, 2019 and 2018 and December 31, 2018. The following table presents information on the effect of derivative instruments on the consolidated results of operations and accumulated other comprehensive income (“AOCI”) for the six months ended June 30, 2019 and 2018 (dollars in thousands): Gains (Losses) Gains (Losses) Recognized in Gains (Losses) Reclassified From Income Recognized in AOCI AOCI into Income Six Months Ended Six Months Ended Six Months Ended June 30, June 30, June 30, 2019 2018 2019 2018 2019 2018 Non-designated derivatives: Forward currency exchange contracts (1) $ — $ 243 $ — $ — $ — $ — Total $ — $ 243 $ — $ — $ — $ — (1) The gains (losses) on these derivatives substantially offset the (losses) gains on the economically hedged portion of the foreign intercompany balances.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Related Party Transactions	11. Related Party Transactions The Company has an agreement for direct mail production and fulfillment services with a marketing services company where David Fisher, the Company’s Chief Executive Officer and Chairman of the Board, also serves as a member of the marketing services company’s board of directors. During the six months ended June 30, 2019 and 2018, the Company incurred $5.9 million and $5.1 million, respectively, in expenses related to these services. As of June 30, 2019 and 2018 and December 31, 2018, the Company owed the agency $2.8 million, $1.1 million and $2.5 million, respectively, related to services provided. The Company believes that the transaction described above has been provided on terms no less favorable to the Company than could have been negotiated with non-affiliated third parties.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2019
Variable Interest Entities [Abstract]
Variable Interest Entities	12. Variable Interest Entities As part of the Company’s overall funding strategy and as part of its efforts to support its liquidity from sources other than its traditional capital market sources, the Company has established a securitization program through several securitization facilities. The Company transferred certain consumer loan receivables to VIEs which issue notes backed by the underlying consumer loan receivables and are serviced by another wholly owned subsidiary of the Company. The cash flows from the loans held by the VIEs are used to repay obligations under the notes. The Company is required to evaluate the VIEs for consolidation. The Company has the ability to direct the activities of the VIEs that most significantly impact the economic performance of the entities as the servicer of the securitized loan receivables. Additionally, the Company has the right to receive residual payments, which expose it to potentially significant losses and returns. Accordingly, the Company determined it is the primary beneficiary of the VIEs and is required to consolidate them. The assets and liabilities related to the VIEs are included in the Company’s consolidated financial statements and are accounted for as secured borrowings.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	13. Fair Value Measurements Recurring Fair Value Measurements In accordance with ASC 820, Fair Value Measurements and Disclosures, Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data. During the three and six months ended June 30, 2019 and 2018, there were no transfers of assets or liabilities in or out of Level 1, Level 2 or Level 3 fair value measurements. It is the Company’s policy to value any transfers between levels of the fair value hierarchy based on end of period fair values. The Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2019 and 2018 and December 31, 2018 are as follows (dollars in thousands): June 30, Fair Value Measurements Using 2019 Level 1 Level 2 Level 3 Financial assets: Non-qualified savings plan assets (1) $ 2,804 $ 2,804 $ — $ — Total $ 2,804 $ 2,804 $ — $ — June 30, Fair Value Measurements Using 2018 Level 1 Level 2 Level 3 Financial assets: Non-qualified savings plan assets (1) $ 2,093 $ 2,093 $ — $ — Total $ 2,093 $ 2,093 $ — $ — December 31, Fair Value Measurements Using 2018 Level 1 Level 2 Level 3 Financial assets: Non-qualified savings plan assets (1) 2,052 2,052 — — Total $ 2,052 $ 2,052 $ — $ — (1) The non-qualified savings plan assets are included in “Other receivables and prepaid expenses” in the Company’s consolidated balance sheets and have an offsetting liability of equal amount, which is included in “Accounts payable and accrued expenses” in the Company’s consolidated balance sheets. Fair Value Measurements on a Non-Recurring Basis The Company measures non-financial assets and liabilities such as property and equipment and intangible assets at fair value on a non-recurring basis or when events or circumstances indicate that the carrying amount of the assets may be impaired. At June 30, Financial Assets and Liabilities Not Measured at Fair Value The Company’s financial assets and liabilities as of June 30, 2019 and 2018 and December 31, 2018 that are not measured at fair value in the consolidated balance sheets are as follows (dollars in thousands): Balance at June 30, Fair Value Measurements Using 2019 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 65,503 $ 65,503 $ — $ — Short-term loans and line of credit accounts, net (1) 248,940 — — 248,940 Installment loans and RPAs, net (1)(3) 643,642 — — 679,586 Restricted cash (4) 22,962 22,962 — — Investment in unconsolidated investee (2) 6,703 — — 6,703 Total $ 987,750 $ 88,465 $ — $ 935,229 Financial liabilities: Liability for estimated losses on consumer loans guaranteed by the Company $ 1,726 $ — $ — $ 1,726 Securitization notes 173,675 — 174,293 — 8.50% senior notes due 2024 250,000 — 239,308 — 8.50% senior notes due 2025 375,000 — 354,814 — Total $ 800,401 $ — $ 768,415 $ 1,726 Balance at June 30, Fair Value Measurements Using 2018 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 47,414 $ 47,414 $ — $ — Short-term loans and line of credit accounts, net (1) 198,478 — — 198,478 Installment loans and RPAs, net (1)(3) 551,653 — — 578,489 Restricted cash (4) 28,863 28,863 — — Investment in unconsolidated investee (2) 6,703 — — 6,703 Total $ 833,111 $ 76,277 $ — $ 783,670 Financial liabilities: Liability for estimated losses on consumer loans guaranteed by the Company $ 2,092 $ — $ — $ 2,092 Revolving line of credit 52,999 — — 52,999 Securitization notes 179,059 — 181,853 — 9.75% senior notes due 2021 293,178 — 310,488 — 8.50% senior notes due 2024 250,000 — 259,178 — Total $ 777,328 $ — $ 751,519 $ 55,091 Balance at December 31, Fair Value Measurements Using 2018 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 52,917 $ 52,917 $ — $ — Short-term loans and line of credit accounts, net (1) 222,860 — — 222,860 Installment loans and RPAs, net (1)(3) 637,086 — — 670,888 Restricted cash (4) 24,342 24,342 — — Investment in unconsolidated investee (2) 6,703 — — 6,703 Total $ 943,908 $ 77,259 $ — $ 900,451 Financial liabilities: Liability for estimated losses on consumer loans guaranteed by the Company $ 2,166 $ — $ — $ 2,166 Revolving line of credit 22,000 — — 22,000 Securitization notes 227,288 — 225,474 — 8.50% senior notes due 2024 250,000 — 212,500 — 8.50% senior notes due 2025 375,000 — 306,563 — Total $ 876,454 $ — $ 744,537 $ 24,166 (1) Short-term loans, line of credit accounts, installment loans and RPAs are included in “Loans and finance receivables, net” in the consolidated balance sheets. (2) Investment in unconsolidated investee is included in “Other assets” in the consolidated balance sheets. (3) Installment loan and RPAs, net include $306.3 million, $237.0 million and $319.0 million in net assets of consolidated VIEs as of June 30, 2019 and 2018 and December 31, 2018, respectively. (4) Restricted cash includes $20.8 million, $21.7 million and $22.2 million in assets of consolidated VIEs as of June 30, 2019 and 2018 and December 31, 2018, respectively. Cash and cash equivalents and restricted cash bear interest at market rates and have maturities of less than 90 days. The carrying amount of restricted cash and cash equivalents approximates fair value. Short-term loans, line of credit accounts, installment loans and RPAs are carried in the consolidated balance sheet net of the allowance for estimated losses, which is calculated by applying historical loss rates combined with recent default trends to the gross receivable balance. Short-term loans and line of credit accounts have relatively short maturity periods that are generally 12 months The Company measures the fair value of its investment in unconsolidated investee using Level 3 inputs. Because the unconsolidated investee is a private company and financial information is limited, the Company estimates the fair value based on the best available information at the measurement date. In connection with its CSO programs, the Company guarantees consumer loan payment obligations to unrelated third-party lenders for short-term and installment loans the Company arranges for consumers on the third-party lenders’ behalf and is required to purchase any defaulted loans it has guaranteed. The Company measures the fair value of its liability for third-party lender-owned consumer loans under Level 3 inputs. The fair value of these liabilities is calculated by applying historical loss rates combined with recent default trends to the gross consumer loan balance. The unobservable inputs used to calculate the fair value of these loans include historical loss rates, recent default trends and estimated remaining loan terms; therefore, the carrying value of these liabilities approximates the fair value. The Company measures the fair value of its revolving line of credit using Level 3 inputs. The Company considered the fair value of its other long-term debt and the timing of expected payment(s). The fair values of the Company’s Securitization Notes and senior notes are estimated based on quoted prices in markets that are not active, which are deemed Level 2 inputs.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	14. Subsequent Events Subsequent events have been reviewed through the date these financial statements were available to be issued. Amendment to the Revolving Credit Facility On July 1, 2019, the Company and certain of its operating subsidiaries entered into an amendment of the Credit Agreement (the “Amended Credit Agreement”). The Amended Credit Agreement is secured by domestic receivables and amends the Credit Agreement. The Amended Credit Agreement, amongst other changes, extends the maturity date to June 30, 2022 from May 1, 2020 and increases the advance rate to 65% from 53%. The interest rate on borrowings of prime rate plus 1.00% and the facility size of $125 million, however, remain the same as the Credit Agreement.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements of the Company reflect the historical results of operations and cash flows of the Company during each respective period. The consolidated financial statements include goodwill and intangible assets arising from businesses previously acquired. The financial information included herein may not be indicative of the consolidated financial position, operating results, changes in stockholders’ equity and cash flows of the Company in the future. Intercompany transactions are eliminated. The Company consolidates any variable interest entity (“VIE”) where it has been determined it is the primary beneficiary. The primary beneficiary is the entity which has both the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance as well as the obligation to absorb losses or receive benefits of the entity that could potentially be significant to the VIE. The consolidated financial statements presented as of June 30, 2019 and 2018 and for the three and six-month periods ended June 30, 2019 and 2018 are unaudited but, in management’s opinion, include all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of the results for such interim periods. Operating results for the three and six-month periods are not necessarily indicative of the results that may be expected for the full fiscal year. These consolidated financial statements and related notes should be read in conjunction with the Company’s audited consolidated financial statements as of December 31, 2018 and 2017 and for the years ended December 31, 2018, 2017 and 2016 and related notes, which are included on Form 10-K filed with the SEC on February 27, 2019.
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the consolidated balance sheets (in thousands): June 30, 2019 2018 Cash and cash equivalents $ 65,503 $ 47,414 Restricted cash 22,962 28,863 Total cash, cash equivalents and restricted cash $ 88,465 $ 76,277
Reclassification of Accumulated Other Comprehensive Income to Net Income	Reclassification of Accumulated Other Comprehensive Income to Net Income In May 2009 and October 2009, the Company began providing services in Australia and Canada under the brand name DollarsDirect. Due to the small size of the Australian and Canadian markets and our limited operations there, we decided to exit those markets in 2016 and reallocate our resources to our other existing businesses. As a result, we stopped originating loans in those countries and have wound down our loan portfolios. During the quarter ended March 31, 2018, the Company continued the liquidation process of the legal entities related to Australia and Canada and recorded a $2.3 million loss to “Foreign currency transaction loss” in the consolidated statements of income to recognize the cumulative translation adjustment balance that had been previously recorded to “Accumulated other comprehensive loss” on the consolidated balance sheets.
Adopted Accounting Standards	Adopted In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016‑02, Leases (Topic 842) Leases (Topic 842): Targeted Improvements Leases (Topic 842): Codification Improvements Accounting Changes and Error Corrections The Company adopted ASU 2016‑02 and ASU 2019‑01 on January 1, 2019 and elected the optional transition method permitted by ASU 2018‑11. The Company elected the package of transition practical expedients, which allows it to not reassess whether any expired or existing contracts are or contain leases and to not reassess the lease classification for existing or expired leases. The Company also elected the practical expedient to not separate lease and associated non-lease components and the short-term lease exception. The following table sets forth the impact of adoption as of January 1, 2019 (in thousands): Increase (decrease) Assets Other receivables and prepaid expenses $ (35 ) Operating lease right-of-use assets 22,332 Total assets $ 22,297 Liabilities and Stockholders' Equity Accounts payable and accrued expenses $ (16,860 ) Operating lease liabilities 39,605 Deferred tax liabilities, net (102 ) Total liabilities 22,643 Stockholders' equity: Retained earnings (346 ) Total stockholders' equity (346 ) Total liabilities and stockholders' equity $ 22,297 Accounting Standards to be Adopted in Future Periods In August 2018, the FASB issued ASU 2018‑15, Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract In January 2017, the FASB issued ASU 2017‑04, Intangibles – Goodwill and Other (Topic 350) – Simplifying the Test for Goodwill Impairment In June 2016, the FASB issued ASU 2016‑13, Measurement of Credit Losses on Financial Instruments Codification Improvements to Topic 326, Financial Instruments—Credit Losse s, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments, which provides subsequent amendments to the initial guidance in ASU 2016 ‑13. In May 2019, the FASB issued ASU 2019-05, Financial Instruments—Credit Losses (Topic 326): Targeted Tr ansition Relief, which provides entities that have certain instruments within the scope of ASC 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost , with an option to irrevocably elect the fair value option in ASC 825-10, Financial Instruments—Overall , applied on an instrument-by-instrument basis for eligible instruments, upon adoption of ASU 2016-13. ASU 2016 ‑ 13 is effective for annual periods beginning after December 15, 2019, and interim periods within those annual periods. The Co mpany is evaluating its alternatives with respect to the available accounting methods under ASU 2016 ‑ 13, including the fair value option. If the fair value option is not utilized, adoption of ASU 2016-13 will increase the allowance for credit losses with a resulting negative adjustment to retained earnings on the date of adoption .
Current and Delinquent Loans and Finance Receivables	Current and Delinquent Loans and Finance Receivables The Company classifies its loans and finance receivables as either current or delinquent. Short-term loans are considered delinquent when payment of an amount due is not made as of the due date. If a line of credit account or installment loan customer misses one payment, that payment is considered delinquent and the balance of the loan is considered current. If a line of credit account or installment loan customer does not make two consecutive payments, the entire account or loan is classified as delinquent and placed on a non-accrual status. The Company allows for normal payment processing time before considering a loan delinquent but does not provide for any additional grace period. The Company does not accrue interest on delinquent loans and does not resume accrual of interest on a delinquent loan unless it is returned to current status. In addition, delinquent loans generally may not be renewed, and if, during its attempt to collect on a delinquent loan, the Company allows additional time for payment through a payment plan or a promise to pay, it is still considered delinquent. Generally, all payments received are first applied against accrued but unpaid interest and fees and then against the principal balance of the loan.
Allowance and Liability for Estimated Losses on Loans and Finance Receivables	Allowance and Liability for Estimated Losses on Loans and Finance Receivables The Company monitors the performance of its loan and finance receivable portfolios and maintains either an allowance or liability for estimated losses on loans and finance receivables (including revenue, fees and/or interest) at a level estimated to be adequate to absorb losses inherent in the portfolio. The allowance for losses on the Company’s owned loans and finance receivables reduces the outstanding loans and finance receivables balance in the consolidated balance sheets. Through its CSO programs, the Company provides services related to third-party lenders’ short-term and installment consumer loan products by acting as a credit services organization or credit access business on behalf of consumers in accordance with applicable state laws. The liability for estimated losses related to loans guaranteed under its CSO programs is initially recorded at fair value and is included in “Accounts payable and accrued expenses” in the consolidated balance sheets. In determining the allowance or liability for estimated losses on loans and finance receivables, the Company applies a documented systematic methodology. In calculating the allowance or liability for receivable losses, outstanding loans and finance receivables are divided into discrete groups of short-term loans, line of credit accounts, installment loans and RPAs and are analyzed as current or delinquent. Increases in either the allowance or the liability, net of charge-offs and recoveries, are recorded as a “Cost of revenue” in the consolidated statements of income. The allowance or liability for short-term loans classified as current is based on historical loss rates adjusted for rece nt default trends for current loans. For delinquent short-term loans, the allowance or liability is based on a six-month rolling average of loss rates by stage of collection. For line of credit account, installment loan and RPA portfolios, the Company gene rally uses either a migration analysis or roll-rate based methodology to estimate losses inherent in the portfolio. The allowance or liability calculation under the migration analysis and roll-rate methodology is based on historical charge-off experience a nd the loss emergence period, which represents the average amount of time between the first occurrence of a loss event and the charge-off of a loan or RPA. The factors the Company considers to assess the adequacy of the allowance or liability include past due performance, historical behavior of monthly vintages, underwriting changes and recent trends in delinquency in the migration analysis. The roll-rate methodology is based on delinquency status, payment history and recency factors to estimate future char ge-offs. The Company fully reserves for loans and finance receivables once the receivable or a portion of the receivable has been classified as delinquent for 60 consecutive days and generally charges off loans and finance receivables between 60 and 65 days delinquent. If a loan or finance receivable is deemed uncollectible before it is fully reserved, it is charged off at that point. Loans and finance receivables classified as delinquent generally have an age of one to 64 days from the date any portion of the receivable became delinquent, as defined above. Recoveries on loans and finance receivables previously charged to the allowance are credited to the allowance when collected.
Derivative Instruments Policy	The Company has periodically used forward currency exchange contracts to minimize the effects of foreign currency risk in the United Kingdom and Brazil. The forward currency exchange contracts are non-designated derivatives. Any gain or loss resulting from these contracts is recorded as income or loss and is included in “Foreign currency transaction loss” in the Company’s consolidated statements of income. As of June 30, 2019, the Company did not manage its exposure to risk from foreign currency exchange rate fluctuations through the use of forward currency exchange contracts in the United Kingdom or Brazil.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash	The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the consolidated balance sheets (in thousands): June 30, 2019 2018 Cash and cash equivalents $ 65,503 $ 47,414 Restricted cash 22,962 28,863 Total cash, cash equivalents and restricted cash $ 88,465 $ 76,277
Summary of Impact of Adoption ASU 2016-02	Increase (decrease) Assets Other receivables and prepaid expenses $ (35 ) Operating lease right-of-use assets 22,332 Total assets $ 22,297 Liabilities and Stockholders' Equity Accounts payable and accrued expenses $ (16,860 ) Operating lease liabilities 39,605 Deferred tax liabilities, net (102 ) Total liabilities 22,643 Stockholders' equity: Retained earnings (346 ) Total stockholders' equity (346 ) Total liabilities and stockholders' equity $ 22,297

Loans and Finance Receivables_2

Loans and Finance Receivables, Credit Quality Information and Allowances and Liabilities for Estimated Losses on Loans and Finance Receivables (Tables)	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Schedule of Revenue Generated from Loans and Finance Receivables	Revenue generated from the Company’s loans and finance receivables for the three and six months ended June 30, 2019 and 2018 was as follows (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Short-term loans $ 36,722 $ 50,312 $ 83,047 $ 103,687 Line of credit accounts 110,670 79,658 215,153 157,967 Installment loans and RPAs 138,064 123,049 280,126 245,157 Total loans and finance receivables revenue 285,456 253,019 578,326 506,811 Other 244 282 557 788 Total revenue $ 285,700 $ 253,301 $ 578,883 $ 507,599
Components of Company-Owned Loans and Finance Receivables	The components of Company-owned loans and finance receivables at June 30, 2019 and 2018 and December 31, 2018 were as follows (dollars in thousands): As of June 30, 2019 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Current receivables $ 30,639 $ 250,360 $ 679,383 $ 960,382 Delinquent receivables: Delinquent payment amounts (1) — 11,176 3,301 14,477 Receivables on non-accrual status 19,624 2,289 50,990 72,903 Total delinquent receivables 19,624 13,465 54,291 87,380 Total loans and finance receivables, gross 50,263 263,825 733,674 1,047,762 Less: Allowance for losses (13,729 ) (51,419 ) (90,032 ) (155,180 ) Loans and finance receivables, net $ 36,534 $ 212,406 $ 643,642 $ 892,582 As of June 30, 2018 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Current receivables $ 40,443 $ 172,755 $ 575,750 $ 788,948 Delinquent receivables: Delinquent payment amounts (1) — 6,917 2,108 9,025 Receivables on non-accrual status 26,812 1,462 45,668 73,942 Total delinquent receivables 26,812 8,379 47,776 82,967 Total loans and finance receivables, gross 67,255 181,134 623,526 871,915 Less: Allowance for losses (18,861 ) (31,050 ) (71,873 ) (121,784 ) Loans and finance receivables, net $ 48,394 $ 150,084 $ 551,653 $ 750,131 As of December 31, 2018 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Current receivables $ 37,558 $ 213,896 $ 672,538 $ 923,992 Delinquent receivables: Delinquent payment amounts (1) — 10,783 2,696 13,479 Receivables on non-accrual status 30,167 2,884 52,732 85,783 Total delinquent receivables 30,167 13,667 55,428 99,262 Total loans and finance receivables, gross 67,725 227,563 727,966 1,023,254 Less: Allowance for losses (21,420 ) (51,008 ) (90,880 ) (163,308 ) Loans and finance receivables, net $ 46,305 $ 176,555 $ 637,086 $ 859,946 (1) Represents the delinquent portion of installment loans and line of credit account balances for customers that have only missed one payment and RPA customers who have not delivered agreed upon receivables. See “Current and Delinquent Loans and Finance Receivables” above for additional information.
Schedule of Changes in Allowance for Losses	Changes in the allowance for losses for the Company-owned loans and finance receivables and the liability for losses on the Company’s guarantees of third-party lender-owned loans during the three and six months ended June 30, 2019 and 2018 were as follows (dollars in thousands): Three Months Ended June 30, 2019 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Allowance for losses for Company-owned loans and finance receivables: Balance at beginning of period $ 15,418 $ 41,362 $ 84,621 $ 141,401 Cost of revenue 12,004 48,326 77,505 137,835 Charge-offs (19,085 ) (42,021 ) (92,337 ) (153,443 ) Recoveries 5,494 3,752 20,513 29,759 Effect of foreign currency translation (102 ) — (270 ) (372 ) Balance at end of period $ 13,729 $ 51,419 $ 90,032 $ 155,180 Liability for third-party lender-owned loans: Balance at beginning of period $ 1,106 $ — $ 158 $ 1,264 Increase in liability 195 — 267 462 Balance at end of period $ 1,301 $ — $ 425 $ 1,726 Three Months Ended June 30, 2018 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Allowance for losses for Company-owned loans and finance receivables: Balance at beginning of period $ 19,136 $ 27,120 $ 68,027 $ 114,283 Cost of revenue 19,764 31,211 69,837 120,812 Charge-offs (25,615 ) (30,554 ) (79,744 ) (135,913 ) Recoveries 5,989 3,273 14,866 24,128 Effect of foreign currency translation (413 ) — (1,113 ) (1,526 ) Balance at end of period $ 18,861 $ 31,050 $ 71,873 $ 121,784 Liability for third-party lender-owned loans: Balance at beginning of period $ 1,261 $ — $ 149 $ 1,410 Increase in liability 622 — 60 682 Balance at end of period $ 1,883 $ — $ 209 $ 2,092 Six Months Ended June 30, 2019 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Allowance for losses for Company-owned loans and finance receivables: Balance at beginning of period $ 21,420 $ 51,008 $ 90,880 $ 163,308 Cost of revenue 29,952 86,065 161,765 277,782 Charge-offs (48,561 ) (93,243 ) (204,177 ) (345,981 ) Recoveries 10,869 7,589 41,589 60,047 Effect of foreign currency translation 49 — (25 ) 24 Balance at end of period $ 13,729 $ 51,419 $ 90,032 $ 155,180 Liability for third-party lender-owned loans: Balance at beginning of period $ 1,964 $ — $ 202 $ 2,166 (Decrease) increase in liability (663 ) — 223 (440 ) Balance at end of period $ 1,301 $ — $ 425 $ 1,726 Six Months Ended June 30, 2018 Short-term Line of Credit Installment Loans and Loans Accounts RPAs Total Allowance for losses for Company-owned loans and finance receivables: Balance at beginning of period $ 19,917 $ 31,148 $ 71,979 $ 123,044 Cost of revenue 40,931 56,594 132,688 230,213 Charge-offs (54,100 ) (63,361 ) (160,950 ) (278,411 ) Recoveries 12,261 6,669 28,991 47,921 Effect of foreign currency translation (148 ) — (835 ) (983 ) Balance at end of period $ 18,861 $ 31,050 $ 71,873 $ 121,784 Liability for third-party lender-owned loans: Balance at beginning of period $ 2,105 $ — $ 153 $ 2,258 (Decrease) increase in liability (222 ) — 56 (166 ) Balance at end of period $ 1,883 $ — $ 209 $ 2,092

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Lease Expenses	Lease expenses for the three and six months ended June 30, 2019 were as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2019 2019 Operating lease cost $ 1,543 $ 3,117 Operating lease impairment charge — 370 Variable lease cost 103 161 Short-term lease cost 76 91 Total lease cost $ 1,722 $ 3,739
Future Minimum Lease Payments	Future minimum lease payments as of June 30, 2019 are as follows (in thousands): Year Amount 2019 $ 3,792 2020 7,388 2021 7,328 2022 7,018 2023 7,115 Thereafter 23,464 Total lease payments $ 56,105 Less: interest 18,409 Present value of lease liabilities $ 37,696
Weighted Average Remaining Lease Term and Discount Rate	The weighted average remaining lease term and discount rate as of June 30, 2019 were as follows: June 30, 2019 Weighted average remaining lease term (years) Operating leases 7.6 Weighted average discount rate Operating leases 10.79 %
Supplemental Cash Flow Disclosures Related to Leases	Supplemental cash flow disclosures related to leases for the six months ended June 30, 2019 were as follows (in thousands): Six Months Ended June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 3,877 Right-of-use assets obtained in exchange for lease obligations Operating leases 25

Long-term Debt (Tables)

Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Summary of Long-Term Debt Instruments and Balances Outstanding	The Company’s long-term debt instruments and balances outstanding as of June 30, 2019 and 2018 and December 31, 2018 were as follows (dollars in thousands): June 30, December 31, 2019 2018 2018 Securitization notes $ 173,675 $ 179,059 $ 227,288 Revolving line of credit — 52,999 22,000 9.75% senior notes due 2021 — 293,178 — 8.50% senior notes due 2024 250,000 250,000 250,000 8.50% senior notes due 2025 375,000 — 375,000 Subtotal 798,675 775,236 874,288 Less: Long-term debt issuance costs (13,171 ) (12,405 ) (16,359 ) Total long-term debt $ 785,504 $ 762,831 $ 857,929

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Schedule of Components of Accumulated Other Comprehensive Income (Loss), Net of Tax	The following tables set forth the components of accumulated other comprehensive loss, net of tax for the three and six months ended June 30, 2019 and 2018 (in thousands): Foreign currency translation gain (loss) Total Balance at March 31, 2018 $ (4,322 ) $ (4,322 ) Other comprehensive income, before reclassifications and tax (8,494 ) (8,494 ) Tax impact 1,911 1,911 Balance at June 30, 2018 $ (10,905 ) $ (10,905 ) Balance at March 31, 2019 $ (12,251 ) $ (12,251 ) Other comprehensive loss, before reclassifications and tax (2,990 ) (2,990 ) Tax impact 467 467 Balance at June 30, 2019 $ (14,774 ) $ (14,774 ) Foreign currency translation gain (loss) Total Balance at December 31, 2017 $ (7,086 ) $ (7,086 ) Other comprehensive income, before reclassifications and tax (4,850 ) (4,850 ) Tax impact 1,091 1,091 Australia and Canada liquidation (1) 2,343 2,343 Tax impact (781 ) (781 ) Reclassification of certain deferred tax effects (2) (1,622 ) (1,622 ) Balance at June 30, 2018 $ (10,905 ) $ (10,905 ) Balance at December 31, 2018 $ (13,805 ) $ (13,805 ) Other comprehensive loss, before reclassifications and tax (936 ) (936 ) Tax impact (33 ) (33 ) Balance at June 30, 2019 $ (14,774 ) $ (14,774 ) (1) Amount reclassified from accumulated other comprehensive loss represents the realization of foreign currency translation losses on the Company’s Australia and Canada businesses for the six months ended June 30, 2018. These amounts were recorded in “Foreign currency transaction loss” on the consolidated statements of income. See Note 1 for additional information. (2) Amount reclassified from accumulated other comprehensive loss represents stranded tax effects resulting from the newly enacted federal corporate income tax rate under the Tax Cuts and Jobs Act. The amount of the reclassification is the difference between the historical corporate income tax rate and the newly enacted 21 percent corporate income tax rate. These amounts were recorded to retained earnings on the consolidated balance sheets.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Schedule of Reconciliation of Numerators and Denominators of Basic and Diluted Earnings per Share Computations	The following table sets forth the reconciliation of numerators and denominators of basic and diluted earnings per share computations for the three and six months ended June 30, 2019 and 2018 (in thousands, except per share amounts): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Numerator: Net income $ 25,063 $ 18,225 $ 60,080 $ 46,123 Denominator: Total weighted average basic shares 33,826 33,984 33,660 33,821 Shares applicable to stock-based compensation 643 1,387 791 1,145 Total weighted average diluted shares 34,469 35,371 34,451 34,966 Earnings per share: Net income per share – basic $ 0.74 $ 0.54 $ 1.78 $ 1.36 Net income per share – diluted $ 0.73 $ 0.52 $ 1.74 $ 1.32

Operating Segment Information (

Operating Segment Information (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Summary of Domestic, International Operations and Corporate Services	The following tables present information on the Company’s domestic, international operations and corporate services as of and for the three and six months ended June 30, 2019 and 2018 (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Revenue Domestic $ 254,205 $ 213,638 $ 512,193 $ 426,604 International 31,495 39,663 66,690 80,995 Total revenue $ 285,700 $ 253,301 $ 578,883 $ 507,599 Income (loss) from operations Domestic $ 87,975 $ 72,183 $ 193,081 $ 159,942 International (7,403 ) 1,070 (14,558 ) 2,788 Corporate services (30,302 ) (30,159 ) (61,134 ) (57,924 ) Total income from operations $ 50,270 $ 43,094 $ 117,389 $ 104,806 Depreciation and amortization Domestic $ 1,946 $ 1,897 $ 4,154 $ 3,755 International 410 371 808 743 Corporate services 1,586 1,569 3,164 3,177 Total depreciation and amortization $ 3,942 $ 3,837 $ 8,126 $ 7,675 Expenditures for property and equipment Domestic $ 2,876 $ 2,214 $ 5,261 $ 4,204 International 1,401 886 2,313 1,954 Corporate services 1,746 616 3,333 907 Total expenditures for property and equipment $ 6,023 $ 3,716 $ 10,907 $ 7,065 June 30, 2019 2018 Property and equipment, net Domestic $ 25,662 $ 17,783 International 6,415 8,357 Corporate services 20,801 21,612 Total property and equipment, net $ 52,878 $ 47,752 Assets Domestic $ 1,166,927 $ 996,105 International 126,754 127,613 Corporate services 89,786 59,486 Total assets $ 1,383,467 $ 1,183,204
Summary of Company's Revenue by Geographical Region	The following table presents the Company’s revenue by geographic region for the three and six months ended June 30, 2019 and 2018 (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Revenue United States $ 254,205 $ 213,638 $ 512,193 $ 426,604 United Kingdom 26,256 34,010 55,001 68,999 Other international countries 5,239 5,653 11,689 11,996 Total revenue $ 285,700 $ 253,301 $ 578,883 $ 507,599

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Effect Of Derivative Instruments	The following table presents information on the effect of derivative instruments on the consolidated results of operations and accumulated other comprehensive income (“AOCI”) for the six months ended June 30, 2019 and 2018 (dollars in thousands): Gains (Losses) Gains (Losses) Recognized in Gains (Losses) Reclassified From Income Recognized in AOCI AOCI into Income Six Months Ended Six Months Ended Six Months Ended June 30, June 30, June 30, 2019 2018 2019 2018 2019 2018 Non-designated derivatives: Forward currency exchange contracts (1) $ — $ 243 $ — $ — $ — $ — Total $ — $ 243 $ — $ — $ — $ — (1) The gains (losses) on these derivatives substantially offset the (losses) gains on the economically hedged portion of the foreign intercompany balances.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Assets and Liabilities Measured on Recurring Basis	The Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2019 and 2018 and December 31, 2018 are as follows (dollars in thousands): June 30, Fair Value Measurements Using 2019 Level 1 Level 2 Level 3 Financial assets: Non-qualified savings plan assets (1) $ 2,804 $ 2,804 $ — $ — Total $ 2,804 $ 2,804 $ — $ — June 30, Fair Value Measurements Using 2018 Level 1 Level 2 Level 3 Financial assets: Non-qualified savings plan assets (1) $ 2,093 $ 2,093 $ — $ — Total $ 2,093 $ 2,093 $ — $ — December 31, Fair Value Measurements Using 2018 Level 1 Level 2 Level 3 Financial assets: Non-qualified savings plan assets (1) 2,052 2,052 — — Total $ 2,052 $ 2,052 $ — $ — (1) The non-qualified savings plan assets are included in “Other receivables and prepaid expenses” in the Company’s consolidated balance sheets and have an offsetting liability of equal amount, which is included in “Accounts payable and accrued expenses” in the Company’s consolidated balance sheets.
Financial Assets and Liabilities Not Measured at Fair Value	The Company’s financial assets and liabilities as of June 30, 2019 and 2018 and December 31, 2018 that are not measured at fair value in the consolidated balance sheets are as follows (dollars in thousands): Balance at June 30, Fair Value Measurements Using 2019 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 65,503 $ 65,503 $ — $ — Short-term loans and line of credit accounts, net (1) 248,940 — — 248,940 Installment loans and RPAs, net (1)(3) 643,642 — — 679,586 Restricted cash (4) 22,962 22,962 — — Investment in unconsolidated investee (2) 6,703 — — 6,703 Total $ 987,750 $ 88,465 $ — $ 935,229 Financial liabilities: Liability for estimated losses on consumer loans guaranteed by the Company $ 1,726 $ — $ — $ 1,726 Securitization notes 173,675 — 174,293 — 8.50% senior notes due 2024 250,000 — 239,308 — 8.50% senior notes due 2025 375,000 — 354,814 — Total $ 800,401 $ — $ 768,415 $ 1,726 Balance at June 30, Fair Value Measurements Using 2018 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 47,414 $ 47,414 $ — $ — Short-term loans and line of credit accounts, net (1) 198,478 — — 198,478 Installment loans and RPAs, net (1)(3) 551,653 — — 578,489 Restricted cash (4) 28,863 28,863 — — Investment in unconsolidated investee (2) 6,703 — — 6,703 Total $ 833,111 $ 76,277 $ — $ 783,670 Financial liabilities: Liability for estimated losses on consumer loans guaranteed by the Company $ 2,092 $ — $ — $ 2,092 Revolving line of credit 52,999 — — 52,999 Securitization notes 179,059 — 181,853 — 9.75% senior notes due 2021 293,178 — 310,488 — 8.50% senior notes due 2024 250,000 — 259,178 — Total $ 777,328 $ — $ 751,519 $ 55,091 Balance at December 31, Fair Value Measurements Using 2018 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 52,917 $ 52,917 $ — $ — Short-term loans and line of credit accounts, net (1) 222,860 — — 222,860 Installment loans and RPAs, net (1)(3) 637,086 — — 670,888 Restricted cash (4) 24,342 24,342 — — Investment in unconsolidated investee (2) 6,703 — — 6,703 Total $ 943,908 $ 77,259 $ — $ 900,451 Financial liabilities: Liability for estimated losses on consumer loans guaranteed by the Company $ 2,166 $ — $ — $ 2,166 Revolving line of credit 22,000 — — 22,000 Securitization notes 227,288 — 225,474 — 8.50% senior notes due 2024 250,000 — 212,500 — 8.50% senior notes due 2025 375,000 — 306,563 — Total $ 876,454 $ — $ 744,537 $ 24,166 (1) Short-term loans, line of credit accounts, installment loans and RPAs are included in “Loans and finance receivables, net” in the consolidated balance sheets. (2) Investment in unconsolidated investee is included in “Other assets” in the consolidated balance sheets. (3) Installment loan and RPAs, net include $306.3 million, $237.0 million and $319.0 million in net assets of consolidated VIEs as of June 30, 2019 and 2018 and December 31, 2018, respectively. (4) Restricted cash includes $20.8 million, $21.7 million and $22.2 million in assets of consolidated VIEs as of June 30, 2019 and 2018 and December 31, 2018, respectively.

Significant Accounting Polici_4

Significant Accounting Policies - Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Cash and cash equivalents	[1]	$ 65,503	$ 52,917	$ 47,414
Restricted cash	[1]	22,962	24,342	28,863
Total cash, cash equivalents and restricted cash		$ 88,465	$ 77,259	$ 76,277	$ 98,144
[1]	Includes amounts in wholly owned, bankruptcy-remote special purpose subsidiaries (“VIEs”) presented separately in the table below.

Significant Accounting Polici_5

Significant Accounting Policies - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2018USD ($)
Australia and Canada
Significant Accounting Policies [Line Items]
Foreign currency translation loss	$ 2.3

Significant Accounting Polici_6

Significant Accounting Policies -Summary of Impact of Adoption ASU 2016-02 (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Assets
Other receivables and prepaid expenses	[1]	$ 34,459		$ 29,983	$ 25,373
Operating lease right-of-use assets		20,813
Total assets		1,383,467		1,328,185	1,183,204
Liabilities and Stockholders' Equity
Accounts payable and accrued expenses	[1]	118,195		89,317	72,406
Operating lease liabilities		37,696
Deferred tax liabilities, net		35,619		33,171	14,322
Total liabilities		977,014		980,417	849,559
Stockholders' equity:
Retained earnings		(396,149)		(336,415)	(312,440)
Total stockholders' equity		(406,453)	$ (379,214)	(347,768)	(333,645)	$ (315,733)	$ (281,687)
Total liabilities and stockholders' equity		1,383,467		$ 1,328,185	$ 1,183,204
ASU 2016-02 | Adjustments
Assets
Other receivables and prepaid expenses		(35)
Operating lease right-of-use assets		22,332
Total assets		22,297
Liabilities and Stockholders' Equity
Accounts payable and accrued expenses		(16,860)
Operating lease liabilities		39,605
Deferred tax liabilities, net		(102)
Total liabilities		22,643
Stockholders' equity:
Retained earnings		(346)
Total stockholders' equity		(346)
Total liabilities and stockholders' equity		$ 22,297
[1]	Includes amounts in wholly owned, bankruptcy-remote special purpose subsidiaries (“VIEs”) presented separately in the table below.

Loans and Finance Receivables_3

Loans and Finance Receivables, Credit Quality Information and Allowances and Liabilities for Estimated Losses on Loans and Finance Receivables - Schedule of Revenue Generated from Loans and Finance Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Accounts Notes And Loans Receivable [Line Items]
Total loans and finance receivables revenue	$ 285,456	$ 253,019	$ 578,326	$ 506,811
Other	244	282	557	788
Total revenue	285,700	253,301	578,883	507,599
Short-term Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans and finance receivables revenue	36,722	50,312	83,047	103,687
Line of Credit Accounts
Accounts Notes And Loans Receivable [Line Items]
Total loans and finance receivables revenue	110,670	79,658	215,153	157,967
Installment Loans and RPAs
Accounts Notes And Loans Receivable [Line Items]
Total loans and finance receivables revenue	$ 138,064	$ 123,049	$ 280,126	$ 245,157

Loans and Finance Receivables_4

Loans and Finance Receivables, Credit Quality Information and Allowances and Liabilities for Estimated Losses on Loans and Finance Receivables - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Accounts Notes And Loans Receivable [Line Items]
Days for delinquent loans to be charged off	60 days
Active consumer loans owned by third-party lenders	$ 21.5	$ 29.7	$ 28.7
Accrual for losses on consumer loan guaranty obligations	$ 1.7	$ 2.2	$ 2.1
Minimum
Accounts Notes And Loans Receivable [Line Items]
Days for delinquent loans to be charged off	60 days
Delinquent loans expiry period (in days)	1 day
Maximum
Accounts Notes And Loans Receivable [Line Items]
Days for delinquent loans to be charged off	65 days
Delinquent loans expiry period (in days)	64 days

Loans and Finance Receivables_5

Loans and Finance Receivables, Credit Quality Information and Allowances and Liabilities for Estimated Losses on Loans and Finance Receivables - Components of Company-Owned Loans and Finance Receivables (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Accounts Notes And Loans Receivable [Line Items]
Current receivables		$ 960,382		$ 923,992	$ 788,948
Delinquent payment amounts	[1]	14,477		13,479	9,025
Receivables on non-accrual status		72,903		85,783	73,942
Total delinquent receivables		87,380		99,262	82,967
Total loans and finance receivables, gross		1,047,762		1,023,254	871,915
Less: Allowance for losses		(155,180)	$ (141,401)	(163,308)	(121,784)	$ (114,283)	$ (123,044)
Loans and finance receivables, net	[2]	892,582		859,946	750,131
Short-term Loans
Accounts Notes And Loans Receivable [Line Items]
Current receivables		30,639		37,558	40,443
Receivables on non-accrual status		19,624		30,167	26,812
Total delinquent receivables		19,624		30,167	26,812
Total loans and finance receivables, gross		50,263		67,725	67,255
Less: Allowance for losses		(13,729)	(15,418)	(21,420)	(18,861)	(19,136)	(19,917)
Loans and finance receivables, net		36,534		46,305	48,394
Line of Credit Accounts
Accounts Notes And Loans Receivable [Line Items]
Current receivables		250,360		213,896	172,755
Delinquent payment amounts	[1]	11,176		10,783	6,917
Receivables on non-accrual status		2,289		2,884	1,462
Total delinquent receivables		13,465		13,667	8,379
Total loans and finance receivables, gross		263,825		227,563	181,134
Less: Allowance for losses		(51,419)	(41,362)	(51,008)	(31,050)	(27,120)	(31,148)
Loans and finance receivables, net		212,406		176,555	150,084
Installment Loans and RPAs
Accounts Notes And Loans Receivable [Line Items]
Current receivables		679,383		672,538	575,750
Delinquent payment amounts	[1]	3,301		2,696	2,108
Receivables on non-accrual status		50,990		52,732	45,668
Total delinquent receivables		54,291		55,428	47,776
Total loans and finance receivables, gross		733,674		727,966	623,526
Less: Allowance for losses		(90,032)	$ (84,621)	(90,880)	(71,873)	$ (68,027)	$ (71,979)
Loans and finance receivables, net		$ 643,642		$ 637,086	$ 551,653
[1]	Represents the delinquent portion of installment loans and line of credit account balances for customers that have only missed one payment and RPA customers who have not delivered agreed upon receivables. See “Current and Delinquent Loans and Finance Receivables” above for additional information.
[2]	Includes amounts in wholly owned, bankruptcy-remote special purpose subsidiaries (“VIEs”) presented separately in the table below.

Loans and Finance Receivables_6

Loans and Finance Receivables, Credit Quality Information and Allowances and Liabilities for Estimated Losses on Loans and Finance Receivables - Schedule of Changes in Allowance for Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Allowance for losses for Company-owned loans and finance receivables
Balance at beginning of period	$ 141,401	$ 114,283	$ 163,308	$ 123,044
Cost of revenue	137,835	120,812	277,782	230,213
Charge-offs	(153,443)	(135,913)	(345,981)	(278,411)
Recoveries	29,759	24,128	60,047	47,921
Effect of foreign currency translation	(372)	(1,526)	24	(983)
Balance at end of period	155,180	121,784	155,180	121,784
Liability for third-party lender-owned loans
Balance at beginning of period	1,264	1,410	2,166	2,258
(Decrease) increase in liability	462	682	(440)	(166)
Balance at end of period	1,726	2,092	1,726	2,092
Short-term Loans
Allowance for losses for Company-owned loans and finance receivables
Balance at beginning of period	15,418	19,136	21,420	19,917
Cost of revenue	12,004	19,764	29,952	40,931
Charge-offs	(19,085)	(25,615)	(48,561)	(54,100)
Recoveries	5,494	5,989	10,869	12,261
Effect of foreign currency translation	(102)	(413)	49	(148)
Balance at end of period	13,729	18,861	13,729	18,861
Liability for third-party lender-owned loans
Balance at beginning of period	1,106	1,261	1,964	2,105
(Decrease) increase in liability	195	622	(663)	(222)
Balance at end of period	1,301	1,883	1,301	1,883
Line of Credit Accounts
Allowance for losses for Company-owned loans and finance receivables
Balance at beginning of period	41,362	27,120	51,008	31,148
Cost of revenue	48,326	31,211	86,065	56,594
Charge-offs	(42,021)	(30,554)	(93,243)	(63,361)
Recoveries	3,752	3,273	7,589	6,669
Balance at end of period	51,419	31,050	51,419	31,050
Installment Loans and RPAs
Allowance for losses for Company-owned loans and finance receivables
Balance at beginning of period	84,621	68,027	90,880	71,979
Cost of revenue	77,505	69,837	161,765	132,688
Charge-offs	(92,337)	(79,744)	(204,177)	(160,950)
Recoveries	20,513	14,866	41,589	28,991
Effect of foreign currency translation	(270)	(1,113)	(25)	(835)
Balance at end of period	90,032	71,873	90,032	71,873
Liability for third-party lender-owned loans
Balance at beginning of period	158	149	202	153
(Decrease) increase in liability	267	60	223	56
Balance at end of period	$ 425	$ 209	$ 425	$ 209

Leases - Additional Information

Leases - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2019
Lessee Lease Description [Line Items]
Option to extend, existence, operating lease	true
Option to extend, description, operating lease	Certain leases include options to extend the leases for up to five years
Option to terminate, existence, operating lease	true
Option to terminate, description, operating lease	while others include options to terminate the leases within one year
Option to terminate, operating lease, term	1 year
Minimum
Lessee Lease Description [Line Items]
Operating leases, remaining lease term	1 year
Maximum
Lessee Lease Description [Line Items]
Operating leases, remaining lease term	9 years
Option to extend, operating lease, term	5 years

Leases - Lease Expenses (Detail

Leases - Lease Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Leases [Abstract]
Operating lease cost	$ 1,543	$ 3,117
Operating lease impairment charge		370
Variable lease cost	103	161
Short-term lease cost	76	91
Total lease cost	$ 1,722	$ 3,739

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Detail) $ in Thousands	Jun. 30, 2019USD ($)
Leases [Abstract]
2019	$ 3,792
2020	7,388
2021	7,328
2022	7,018
2023	7,115
Thereafter	23,464
Total lease payments	56,105
Less: interest	18,409
Present value of lease liabilities	$ 37,696

Leases - Weighted Average Remai

Leases - Weighted Average Remaining Lease Term and Discount Rate (Detail)	Jun. 30, 2019
Weighted average remaining lease term (years)
Operating leases	7 years 7 months 6 days
Weighted average discount rate
Operating leases	10.79%

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Disclosures Related to Leases (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$ 3,877
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$ 25

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt Instruments and Balances Outstanding (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Debt Instrument [Line Items]
Securitization notes		$ 173,675	$ 227,288	$ 179,059
Subtotal		798,675	874,288	775,236
Less: Long-term debt issuance costs		(13,171)	(16,359)	(12,405)
Total long-term debt	[1]	785,504	857,929	762,831
Revolving Line of Credit
Debt Instrument [Line Items]
Revolving line of credit			22,000	52,999
9.75% Senior Notes Due 2021
Debt Instrument [Line Items]
Senior notes				293,178
8.50% Senior Notes Due 2024
Debt Instrument [Line Items]
Senior notes		250,000	250,000	$ 250,000
8.50% Senior Notes Due 2025
Debt Instrument [Line Items]
Senior notes		$ 375,000	$ 375,000
[1]	Includes amounts in wholly owned, bankruptcy-remote special purpose subsidiaries (“VIEs”) presented separately in the table below.

Long-term Debt - Summary of L_2

Long-term Debt - Summary of Long-Term Debt Instruments and Balances Outstanding (Parenthetical) (Detail)	6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Sep. 19, 2018	Sep. 01, 2017	May 30, 2014
9.75% Senior Notes Due 2021
Debt Instrument [Line Items]
Debt instrument, interest rate	9.75%	9.75%				9.75%
Debt instrument, maturity date	Jun. 1, 2021	Jun. 1, 2021
8.50% Senior Notes Due 2024
Debt Instrument [Line Items]
Debt instrument, interest rate	8.50%	8.50%	8.50%		8.50%
Debt instrument, maturity date	Sep. 1, 2024	Sep. 1, 2024	Sep. 1, 2024
8.50% Senior Notes Due 2025
Debt Instrument [Line Items]
Debt instrument, interest rate	8.50%		8.50%	8.50%
Debt instrument, maturity date	Sep. 15, 2025		Sep. 15, 2025

Long-term Debt - Additional Inf

Long-term Debt - Additional Information (Detail) - USD ($)

Jul. 01, 2019

Feb. 25, 2019

Oct. 23, 2018

Sep. 19, 2018

Jul. 23, 2018

Oct. 20, 2017

Sep. 01, 2017

Dec. 01, 2016

Jun. 30, 2019

Jun. 30, 2018

Dec. 31, 2018

Oct. 31, 2018

May 30, 2014

Debt Instrument [Line Items]

Weighted average interest rates

8.85%

10.06%

Securitization notes

$ 173,675,000

$ 179,059,000

$ 227,288,000

Loss on early extinguishment of debt

$ 2,321,000

$ 4,710,000

8.50% Senior Unsecured Notes Due 2025

Debt Instrument [Line Items]

Debt instrument, face amount

$ 375,000,000

Debt instrument, maturity date

Sep. 15, 2025

Sep. 15, 2025

Debt instrument, interest rate

8.50%

8.50%

8.50%

Debt instrument, payment terms

The 2025 Senior Notes bear interest at a rate of 8.50% annually on the principal amount payable semi-annually in arrears on March 15 and September 15 of each year, beginning on March 15, 2019.

Debt instrument, percentage of sale price

100.00%

Notes redemption, description

The 2025 Senior Notes are redeemable at the Company’s option, in whole or in part, (i) at any time prior to September 15, 2021 at 100% of the aggregate principal amount of 2025 Senior Notes redeemed plus the applicable “make whole” premium specified in the indenture that governs the Company’s 2025 Notes (the “2025 Senior Notes Indenture”), plus accrued and unpaid interest, if any, to the redemption date and (ii) at any time on or after September 15, 2021 at the premium, if any, specified in the 2025 Senior Notes Indenture that will decrease over time, plus accrued and unpaid interest, if any, to the redemption date.

Note redeem rate

100.00%

8.50% Senior Unsecured Notes Due 2025 | $375.0 million 8.50% Senior Unsecured Notes Redemption, Under Additional Option Available

Debt Instrument [Line Items]

Note redeem rate

108.50%

Percentage of notes principal redeemable

40.00%

9.75% Senior Unsecured Notes Due 2021

Debt Instrument [Line Items]

Debt instrument, face amount

$ 500,000,000

Debt instrument, maturity date

Jun. 1, 2021

Jun. 1, 2021

Debt instrument, interest rate

9.75%

9.75%

9.75%

Debt instrument, repurchase of principal amount

$ 295,000,000

$ 50,000,000

$ 345,000,000

Debt instrument, effective percentage

10.00%

Aggregate cash consideration paid for repurchase of principal amount with accrued interest

53,700,000

Loss on early extinguishment of debt

4,700,000

Loss on early extinguishment of debt, net of tax

$ 3,700,000

8.50% Senior Unsecured Notes Due 2024

Debt Instrument [Line Items]

Debt instrument, face amount

$ 250,000,000

Debt instrument, maturity date

Sep. 1, 2024

Sep. 1, 2024

Sep. 1, 2024

Debt instrument, interest rate

8.50%

8.50%

8.50%

8.50%

Debt instrument, payment terms

The 2024 Senior Notes bear interest at a rate of 8.50% annually on the principal amount payable semi-annually in arrears on March 1 and September 1 of each year, beginning on March 1, 2018.

Debt instrument, percentage of sale price

100.00%

Notes redemption, description

The 2024 Senior Notes are redeemable at the Company’s option, in whole or in part, (i) at any time prior to September 1, 2020 at 100% of the aggregate principal amount of 2024 Senior Notes redeemed plus the applicable “make whole” premium specified in the indenture that governs the Company’s 2024 Notes (the “2024 Senior Notes Indenture”), plus accrued and unpaid interest, if any, to the redemption date and (ii) at any time on or after September 1, 2020 at the premium, if any, specified in the 2024 Senior Notes Indenture that will decrease over time, plus accrued and unpaid interest, if any, to the redemption date.

Note redeem rate

100.00%

8.50% Senior Unsecured Notes Due 2024 | $250.0 million 8.50% Senior Unsecured Notes Redemption, Under Additional Option Available

Debt Instrument [Line Items]

Note redeem rate

108.50%

Percentage of notes principal redeemable

40.00%

2019-1 Facility

Debt Instrument [Line Items]

Debt instrument, face amount

$ 50,000,000

Debt instrument maturity term

3 years

Securitization notes

$ 12,800,000

2019-1 Facility | LIBOR

Debt Instrument [Line Items]

Debt instrument, effective percentage

9.75%

Debt instrument, frequency of periodic payment

monthly

2019-1 Facility | PCAM Credit II, LLC

Debt Instrument [Line Items]

Debt instrument, face amount

$ 75,000,000

2019-1 Facility | Initial Term Note

Debt Instrument [Line Items]

Debt instrument, face amount

30,000,000

2019-1 Facility | Initial Term Note | PCAM Credit II, LLC

Debt Instrument [Line Items]

Debt instrument, face amount

50,000,000

2019-1 Facility | Revolving Note

Debt Instrument [Line Items]

Debt instrument, face amount

20,000,000

2019-1 Facility | Revolving Note | PCAM Credit II, LLC

Debt Instrument [Line Items]

Debt instrument, face amount

$ 25,000,000

2018-A Notes

Debt Instrument [Line Items]

Securitization notes

$ 63,100,000

$ 111,400,000

2018-A Notes | Class A Notes

Debt Instrument [Line Items]

Debt instrument, face amount

$ 95,000,000

Debt instrument, interest rate

4.20%

2018-A Notes | Class B Notes

Debt Instrument [Line Items]

Debt instrument, face amount

$ 30,400,000

Debt instrument, interest rate

7.37%

2018-2 Facility

Debt Instrument [Line Items]

Debt instrument, face amount

$ 150,000,000

Debt instrument, maturity date

Oct. 23, 2022

Securitization notes

$ 50,000,000

25,000,000

2018-2 Facility | LIBOR

Debt Instrument [Line Items]

Debt instrument, effective percentage

3.75%

Debt instrument, frequency of periodic payment

monthly

2018-1 Facility

Debt Instrument [Line Items]

Debt instrument, face amount

$ 150,000,000

Debt instrument, maturity date

Jul. 22, 2023

Securitization notes

$ 46,000,000

36,000,000

2018-1 Facility | LIBOR

Debt Instrument [Line Items]

Debt instrument, effective percentage

4.00%

Debt instrument, frequency of periodic payment

monthly

2016-1 Facility

Debt Instrument [Line Items]

Securitization notes

$ 161,800,000

54,900,000

Maximum principal amount of securitization facility

$ 275,000,000

Maturity period of revolving facility

2019-04

2016-1 Facility | Maximum

Debt Instrument [Line Items]

Aggregate availability of variable funding notes

$ 90,000,000

2016-1 Facility | Minimum

Debt Instrument [Line Items]

Aggregate availability of variable funding notes

75,000,000

2016-1 Facility | Initial Term Note

Debt Instrument [Line Items]

Debt instrument, face amount

$ 181,100,000

2016-2 Facility

Debt Instrument [Line Items]

Securitization notes

15,100,000

Annual percentage rate for securitized consumer loan

90.00%

Securitization notes remaining amount available to be borrowed

$ 0

Revolving Credit Facility Due 2022

Debt Instrument [Line Items]

Credit agreement, maturity date

May 1, 2020

Credit agreement, advance rate

53.00%

Revolving line of credit

$ 0

53,000,000

22,000,000

Revolving Credit Facility Due 2022 | Letters of Credit

Debt Instrument [Line Items]

Maximum borrowing capacity

20,000,000

Borrowings outstanding under credit agreement

$ 1,200,000

$ 7,600,000

$ 1,600,000

Revolving Credit Facility Due 2022 | Subsequent Event

Debt Instrument [Line Items]

Credit agreement, maturity date

Jun. 30, 2022

Credit agreement, advance rate

65.00%

Credit agreement, description

Additionally, on July 1, 2019 the Credit Agreement was amended to, amongst other changes, extend the maturity date to June 30, 2022 from May 1, 2020 and increase the advance rate to 65% from 53%.

Maximum borrowing capacity

$ 125,000,000

Revolving Credit Facility Due 2022 | Maximum

Debt Instrument [Line Items]

Commitment fee percentage

0.50%

Revolving Credit Facility Due 2022 | Minimum

Debt Instrument [Line Items]

Commitment fee percentage

0.30%

Revolving Credit Facility Due 2022 | Prime Rate

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.00%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2019	Jun. 30, 2019	Jun. 30, 2018
Income Tax Contingency [Line Items]
Effective tax rate		22.20%	21.50%
Unrecognized tax benefits		$ 45.2	$ 0.9
Effective income tax rate reconciliation at federal benefit of state matters, Amount		44.5
Unrecognized tax benefits that would affect the effective tax rate		$ 14.6
Internal Revenue Service (IRS)
Income Tax Contingency [Line Items]
Income tax refunds received	$ 45.7
State Local And Foreign Jurisdiction Tax Authority
Income Tax Contingency [Line Items]
Statute of limitation period		3 years

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Schedule of Components of Accumulated Other Comprehensive Loss, Net of Tax (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Accumulated Other Comprehensive Income Loss [Line Items]
Balance		$ 379,214	$ 315,733	$ 347,768	$ 281,687
Other comprehensive income (loss), before reclassifications and tax		(2,990)	(8,494)	(936)	(4,850)
Tax impact		467	1,911	(33)	1,091
Australia and Canada liquidation	[1]				2,343
Tax impact					(781)
Reclassification of certain deferred tax effects	[2]				(1,622)
Balance		406,453	333,645	406,453	333,645
Foreign Currency Translation Gain (Loss)
Accumulated Other Comprehensive Income Loss [Line Items]
Balance		(12,251)	(4,322)	(13,805)	(7,086)
Other comprehensive income (loss), before reclassifications and tax		(2,990)	(8,494)	(936)	(4,850)
Tax impact		467	1,911	(33)	1,091
Australia and Canada liquidation	[1]				2,343
Tax impact					(781)
Reclassification of certain deferred tax effects	[2]				(1,622)
Balance		(14,774)	(10,905)	(14,774)	(10,905)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Balance		(12,251)	(4,322)	(13,805)	(7,086)
Other comprehensive income (loss), before reclassifications and tax			(8,494)		(4,850)
Reclassification of certain deferred tax effects					1,622
Balance		$ (14,774)	$ (10,905)	$ (14,774)	$ (10,905)
[1]	Amount reclassified from accumulated other comprehensive loss represents the realization of foreign currency translation losses on the Company’s Australia and Canada businesses for the six months ended June 30, 2018. These amounts were recorded in “Foreign currency transaction loss” on the consolidated statements of income. See Note 1 for additional information.
[2]	Amount reclassified from accumulated other comprehensive loss represents stranded tax effects resulting from the newly enacted federal corporate income tax rate under the Tax Cuts and Jobs Act. The amount of the reclassification is the difference between the historical corporate income tax rate and the newly enacted 21 percent corporate income tax rate. These amounts were recorded to retained earnings on the consolidated balance sheets.

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Schedule of Components of Accumulated Other Comprehensive Loss, Net of Tax (Parenthetical) (Detail)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Corporate income tax rate	21.00%

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Reconciliation of Numerators and Denominators of Basic and Diluted Earnings per Share Computations (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Numerator:
Net Income	$ 25,063	$ 18,225	$ 60,080	$ 46,123
Denominator:
Total weighted average basic shares	33,826	33,984	33,660	33,821
Shares applicable to stock-based compensation	643	1,387	791	1,145
Total weighted average diluted shares	34,469	35,371	34,451	34,966
Earnings Per Share:
Net income per share – basic	$ 0.74	$ 0.54	$ 1.78	$ 1.36
Net income per share – diluted	$ 0.73	$ 0.52	$ 1.74	$ 1.32

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options not included in computation of diluted earnings per share	884,640	0	802,535	595,872
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options not included in computation of diluted earnings per share	28,072	2,479	17,130	149,268

Operating Segment Information -

Operating Segment Information - Additional Information (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)Segment	Dec. 31, 2018USD ($)	Jun. 30, 2018USD ($)
Segment Reporting [Abstract]
Number of reportable segment	1
Number of operating segment	1
Property and equipment, net | $	$ 52,878	$ 49,553	$ 47,752

Operating Segment Information_2

Operating Segment Information - Summary of Domestic, International Operations and Corporate Services (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Revenues [Abstract]
Revenue	$ 285,700	$ 253,301	$ 578,883	$ 507,599
Income (loss) from operations [Abstract]
Income (loss) from operations	50,270	43,094	117,389	104,806
Depreciation and amortization [Abstract]
Depreciation and amortization	3,942	3,837	8,126	7,675
Expenditures for property and equipment [Abstract]
Expenditures for property and equipment	6,023	3,716	10,907	7,065
Property and equipment, net [Abstract]
Property and equipment, net	52,878	47,752	52,878	47,752	$ 49,553
Assets
Assets	1,383,467	1,183,204	1,383,467	1,183,204	$ 1,328,185
Domestic
Revenues [Abstract]
Revenue	254,205	213,638	512,193	426,604
Income (loss) from operations [Abstract]
Income (loss) from operations	87,975	72,183	193,081	159,942
Depreciation and amortization [Abstract]
Depreciation and amortization	1,946	1,897	4,154	3,755
Expenditures for property and equipment [Abstract]
Expenditures for property and equipment	2,876	2,214	5,261	4,204
Property and equipment, net [Abstract]
Property and equipment, net	25,662	17,783	25,662	17,783
Assets
Assets	1,166,927	996,105	1,166,927	996,105
International
Revenues [Abstract]
Revenue	31,495	39,663	66,690	80,995
Income (loss) from operations [Abstract]
Income (loss) from operations	(7,403)	1,070	(14,558)	2,788
Depreciation and amortization [Abstract]
Depreciation and amortization	410	371	808	743
Expenditures for property and equipment [Abstract]
Expenditures for property and equipment	1,401	886	2,313	1,954
Property and equipment, net [Abstract]
Property and equipment, net	6,415	8,357	6,415	8,357
Assets
Assets	126,754	127,613	126,754	127,613
Corporate Services
Income (loss) from operations [Abstract]
Income (loss) from operations	(30,302)	(30,159)	(61,134)	(57,924)
Depreciation and amortization [Abstract]
Depreciation and amortization	1,586	1,569	3,164	3,177
Expenditures for property and equipment [Abstract]
Expenditures for property and equipment	1,746	616	3,333	907
Property and equipment, net [Abstract]
Property and equipment, net	20,801	21,612	20,801	21,612
Assets
Assets	$ 89,786	$ 59,486	$ 89,786	$ 59,486

Operating Segment Information_3

Operating Segment Information - Summary of Company's Revenue by Geographical Region (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues [Abstract]
Revenue	$ 285,700	$ 253,301	$ 578,883	$ 507,599
United States
Revenues [Abstract]
Revenue	254,205	213,638	512,193	426,604
United Kingdom
Revenues [Abstract]
Revenue	26,256	34,010	55,001	68,999
Other International Countries
Revenues [Abstract]
Revenue	$ 5,239	$ 5,653	$ 11,689	$ 11,996

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Details) - USD ($)	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Outstanding derivative instruments	$ 0	$ 0	$ 0

Derivative Instruments - Effect

Derivative Instruments - Effect of Derivative Instruments on the Consolidated Results of Operations and Accumulated other Comprehensive Income (Detail) - Non-Designated Derivatives $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Derivative Instruments Gain Loss [Line Items]
Gains (Losses) Recognized in Income	$ 243
Forward Currency Exchange Contracts
Derivative Instruments Gain Loss [Line Items]
Gains (Losses) Recognized in Income	$ 243	[1]
[1]	The gains (losses) on these derivatives substantially offset the (losses) gains on the economically hedged portion of the foreign intercompany balances.

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - Marketing Agency - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Related Party Transaction [Line Items]
Amount expenses incurred to related party	$ 5.9	$ 5.1
Due to related party	$ 2.8	$ 1.1	$ 2.5

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Transfer of Liabilities, amount	$ 0	$ 0	$ 0	$ 0
Transfer of assets, amount	0	0	$ 0	$ 0
Maximum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash and cash equivalent maturity period				90 days
Maximum | Short-term Loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Term of loan			12 months
Maximum | Line of Credit Accounts
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Term of loan			12 months
Maximum | Installment Loans and RPAs
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Term of loan			60 months
Maximum | RPAs
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated delivery term			18 months
Minimum | Installment Loans and RPAs
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Term of loan			2 months
Minimum | RPAs
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated delivery term			6 months
Fair Value Measurements Nonrecurring Member
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets fair value non-recurring	0	0	$ 0	$ 0	$ 0
Liabilities fair value non-recurring	$ 0	$ 0	$ 0	$ 0	$ 0

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Assets and Liabilities Measured on Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Non-qualified savings plan assets	[1]	$ 2,804	$ 2,052	$ 2,093
Total		2,804	2,052	2,093
Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Non-qualified savings plan assets	[1]	2,804	2,052	2,093
Total		$ 2,804	$ 2,052	$ 2,093
[1]	The non-qualified savings plan assets are included in “Other receivables and prepaid expenses” in the Company’s consolidated balance sheets and have an offsetting liability of equal amount, which is included in “Accounts payable and accrued expenses” in the Company’s consolidated balance sheets.

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Not Measured at Fair Value (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Financial liabilities:
Liability for estimated losses on consumer loans guaranteed by the Company		$ 1,726	$ 1,264	$ 2,166	$ 2,092	$ 1,410	$ 2,258
Carrying Value
Financial assets:
Cash and cash equivalents		65,503		52,917	47,414
Short-term loans and line of credit accounts, net	[1]	248,940		222,860	198,478
Installment loans and RPAs, net	[1],[2]	643,642		637,086	551,653
Restricted cash	[3]	22,962		24,342	28,863
Investment in unconsolidated investee	[4]	6,703		6,703	6,703
Total		987,750		943,908	833,111
Financial liabilities:
Liability for estimated losses on consumer loans guaranteed by the Company		1,726		2,166	2,092
Revolving line of credit				22,000	52,999
Securitization notes		173,675		227,288	179,059
Total		800,401		876,454	777,328
Carrying Value | 8.50% Senior Notes Due 2024
Financial liabilities:
Senior notes		250,000		250,000	250,000
Carrying Value | 8.50% Senior Notes Due 2025
Financial liabilities:
Senior notes		375,000		375,000
Carrying Value | 9.75% Senior Notes Due 2021
Financial liabilities:
Senior notes					293,178
Level 1 | Estimated Fair Value
Financial assets:
Cash and cash equivalents		65,503		52,917	47,414
Restricted cash	[3]	22,962		24,342	28,863
Total		88,465		77,259	76,277
Level 2 | Estimated Fair Value
Financial liabilities:
Securitization notes		174,293		225,474	181,853
Total		768,415		744,537	751,519
Level 2 | Estimated Fair Value | 8.50% Senior Notes Due 2024
Financial liabilities:
Senior notes		239,308		212,500	259,178
Level 2 | Estimated Fair Value | 8.50% Senior Notes Due 2025
Financial liabilities:
Senior notes		354,814		306,563
Level 2 | Estimated Fair Value | 9.75% Senior Notes Due 2021
Financial liabilities:
Senior notes					310,488
Level 3 | Estimated Fair Value
Financial assets:
Short-term loans and line of credit accounts, net	[1]	248,940		222,860	198,478
Installment loans and RPAs, net	[1],[2]	679,586		670,888	578,489
Investment in unconsolidated investee	[4]	6,703		6,703	6,703
Total		935,229		900,451	783,670
Financial liabilities:
Liability for estimated losses on consumer loans guaranteed by the Company		1,726		2,166	2,092
Revolving line of credit				22,000	52,999
Total		$ 1,726		$ 24,166	$ 55,091
[1]	Short-term loans, line of credit accounts, installment loans and RPAs are included in “Loans and finance receivables, net” in the consolidated balance sheets.
[2]	Installment loan and RPAs, net include $306.3 million, $237.0 million and $319.0 million in net assets of consolidated VIEs as of June 30, 2019 and 2018 and December 31, 2018, respectively.
[3]	Restricted cash includes $20.8 million, $21.7 million and $22.2 million in assets of consolidated VIEs as of June 30, 2019 and 2018 and December 31, 2018, respectively.
[4]	Investment in unconsolidated investee is included in “Other assets” in the consolidated balance sheets.

Fair Value Measurements - Fin_2

Fair Value Measurements - Financial Assets and Liabilities Not Measured at Fair Value (Parenthetical) (Detail) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Sep. 19, 2018	Sep. 01, 2017	May 30, 2014
Variable Interest Entity, Primary Beneficiary
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Installment loans and RPAs, net	$ 306.3	$ 237	$ 319
Restricted cash	$ 20.8	$ 21.7	$ 22.2
8.50% Senior Notes Due 2024
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Debt instrument, interest rate	8.50%	8.50%	8.50%		8.50%
Debt instrument, maturity date	Sep. 1, 2024	Sep. 1, 2024	Sep. 1, 2024
8.50% Senior Notes Due 2025
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Debt instrument, interest rate	8.50%		8.50%	8.50%
Debt instrument, maturity date	Sep. 15, 2025		Sep. 15, 2025
9.75% Senior Notes Due 2021
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Debt instrument, interest rate	9.75%	9.75%				9.75%
Debt instrument, maturity date	Jun. 1, 2021	Jun. 1, 2021

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Amended Credit Agreement - USD ($)	Jul. 01, 2019	Jun. 30, 2019
Subsequent Event [Line Items]
Credit agreement, description		The Amended Credit Agreement, amongst other changes, extends the maturity date to June 30, 2022 from May 1, 2020 and increases the advance rate to 65% from 53%. The interest rate on borrowings of prime rate plus 1.00% and the facility size of $125 million
Credit agreement, maturity date		May 1, 2020
Credit agreement, advance rate		53.00%
Subsequent Event
Subsequent Event [Line Items]
Credit agreement, maturity date	Jun. 30, 2022
Credit agreement, advance rate	65.00%
Maximum borrowing capacity	$ 125,000,000
Prime Rate | Subsequent Event
Subsequent Event [Line Items]
Credit agreement, basis spread on variable rate	1.00%