2017 Q2 Form 10-Q Financial Statement

#000146434317000027 Filed on August 11, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $26.66M $21.52M
YoY Change 23.85% 27.51%
Cost Of Revenue $7.547M $7.285M
YoY Change 3.6% -24.18%
Gross Profit $19.11M $14.24M
YoY Change 34.22% 95.81%
Gross Profit Margin 71.69% 66.15%
Selling, General & Admin $8.600M $7.100M
YoY Change 21.13% 51.06%
% of Gross Profit 45.0% 49.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $300.0K $2.100M
YoY Change -85.71% -78.79%
% of Gross Profit 1.57% 14.75%
Operating Expenses $30.90M $15.70M
YoY Change 96.82% 6.08%
Operating Profit -$11.79M -$1.463M
YoY Change 705.95% -80.57%
Interest Expense $6.419M $4.792M
YoY Change 33.95% 5.81%
% of Operating Profit
Other Income/Expense, Net $141.0K $437.0K
YoY Change -67.73%
Pretax Income -$13.22M $930.0K
YoY Change -1521.94% -67.21%
Income Tax -$4.443M $657.0K
% Of Pretax Income 70.65%
Net Earnings -$8.784M $277.0K
YoY Change -3271.12% -80.17%
Net Earnings / Revenue -32.95% 1.29%
Basic Earnings Per Share -$0.63 $0.02
Diluted Earnings Per Share -$0.63 $0.02
COMMON SHARES
Basic Shares Outstanding 13.98M shares 13.81M shares
Diluted Shares Outstanding 14.00M shares 13.87M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $74.50M $30.40M
YoY Change 145.07% -34.34%
Cash & Equivalents $103.3M $30.45M
Short-Term Investments
Other Short-Term Assets $23.10M $20.50M
YoY Change 12.68% 18.5%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $97.60M $50.90M
YoY Change 91.75% -19.97%
LONG-TERM ASSETS
Property, Plant & Equipment $3.382M $4.319M
YoY Change -21.69% -33.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.404M $8.351M
YoY Change -35.29% -35.27%
Other Assets $28.90M $16.90M
YoY Change 71.01% 0.0%
Total Long-Term Assets $302.0M $249.4M
YoY Change 21.11% 19.72%
TOTAL ASSETS
Total Short-Term Assets $97.60M $50.90M
Total Long-Term Assets $302.0M $249.4M
Total Assets $399.6M $300.3M
YoY Change 33.08% 10.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $112.4M $60.50M
YoY Change 85.79% 49.75%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $124.1M $83.00M
YoY Change 49.52% 33.87%
LONG-TERM LIABILITIES
Long-Term Debt $276.9M $201.1M
YoY Change 37.69% 1.72%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $276.9M $201.1M
YoY Change 37.69% 1.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $124.1M $83.00M
Total Long-Term Liabilities $276.9M $201.1M
Total Liabilities $401.0M $284.2M
YoY Change 41.11% 9.41%
SHAREHOLDERS EQUITY
Retained Earnings -$213.9M -$194.7M
YoY Change 9.87% -1.61%
Common Stock $212.6M $210.8M
YoY Change 0.82% 0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.343M $16.14M
YoY Change
Total Liabilities & Shareholders Equity $399.6M $300.3M
YoY Change 33.08% 10.43%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$8.784M $277.0K
YoY Change -3271.12% -80.17%
Depreciation, Depletion And Amortization $300.0K $2.100M
YoY Change -85.71% -78.79%
Cash From Operating Activities $8.000M $3.900M
YoY Change 105.13% -490.0%
INVESTING ACTIVITIES
Capital Expenditures -$100.0K -$200.0K
YoY Change -50.0% 0.0%
Acquisitions
YoY Change
Other Investing Activities -$20.10M -$40.50M
YoY Change -50.37% -4600.0%
Cash From Investing Activities -$20.20M -$40.60M
YoY Change -50.25% -5900.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 20.60M 18.90M
YoY Change 8.99% 29.45%
NET CHANGE
Cash From Operating Activities 8.000M 3.900M
Cash From Investing Activities -20.20M -40.60M
Cash From Financing Activities 20.60M 18.90M
Net Change In Cash 8.400M -17.80M
YoY Change -147.19% -224.48%
FREE CASH FLOW
Cash From Operating Activities $8.000M $3.900M
Capital Expenditures -$100.0K -$200.0K
Free Cash Flow $8.100M $4.100M
YoY Change 97.56% -612.5%

Facts In Submission

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FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
-4475000 USD
CY2015Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
26706000 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
20520000 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
15648000 USD
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
12770000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
3240000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
718000 USD
CY2015Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
20970000 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
15626000 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
12276000 USD
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
10031000 USD
CY2016Q2 us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
856000 USD
us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
1655000 USD
CY2017Q2 us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
2007000 USD
us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
3103000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
21500000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
19900000 USD
CY2016Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
24200000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
43300000 USD
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
39500000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
41200000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
42700000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
40900000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
600000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
300000 USD
CY2016Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1600000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3100000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
2000000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3300000 USD
CY2016Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
8100000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
15900000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
16000000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
31800000 USD
CY2016Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
289700000 USD
CY2017Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
323500000 USD
CY2016Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
1000000 USD
CY2017Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
400000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1500000 USD
CY2017Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
800000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
252300000 USD
CY2017Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
286200000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
38400000 USD
CY2017Q2 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
37700000 USD
CY2016Q2 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
-1037000 USD
us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
-1037000 USD
CY2016Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1037000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1037000 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
930000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5680000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-13224000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-11879000 USD
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
325000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1327000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
404000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
738000 USD
CY2017Q2 us-gaap Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
3800000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
657000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
855000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4443000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3825000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
705000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
215000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
11622000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
22075000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
149000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-4040000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1877000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1994000 USD
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
-287000 USD
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
-200000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
299000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2239000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-3613000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
12244000 USD
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
66000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
71000 shares
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
13000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
23000 shares
CY2016Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
21522000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
39762000 USD
CY2017Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
26656000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
52616000 USD
CY2016Q2 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
21462000 USD
us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
39610000 USD
CY2017Q2 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
26613000 USD
us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
52472000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
4792000 USD
us-gaap Interest Expense
InterestExpense
9436000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
6419000 USD
us-gaap Interest Expense
InterestExpense
12236000 USD
CY2016Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
16730000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
30326000 USD
CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
20237000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
40380000 USD
us-gaap Interest Paid
InterestPaid
9209000 USD
us-gaap Interest Paid
InterestPaid
11342000 USD
CY2016Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
6181000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
11913000 USD
CY2017Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5486000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
11018000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
356770000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
400991000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
362547000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
399647000 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
83399000 USD
CY2017Q2 us-gaap Line Of Credit
LineOfCredit
109322000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
290700000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
323900000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
239431000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
264165000 USD
CY2016Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
69900000 USD
CY2017Q2 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
78400000 USD
CY2016Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
932000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1787000 USD
CY2017Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
3127000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
4659000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
-10000 USD
CY2017Q2 us-gaap Minority Interest
MinorityInterest
-1000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7586000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24110000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-40027000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-36394000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12727000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10412000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
277000 USD
us-gaap Net Income Loss
NetIncomeLoss
4830000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-8784000 USD
us-gaap Net Income Loss
NetIncomeLoss
-8056000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
7000 USD
CY2016Q2 us-gaap Noninterest Expense
NoninterestExpense
19425000 USD
us-gaap Noninterest Expense
NoninterestExpense
38857000 USD
CY2017Q2 us-gaap Noninterest Expense
NoninterestExpense
23712000 USD
us-gaap Noninterest Expense
NoninterestExpense
44041000 USD
CY2016Q2 us-gaap Noninterest Income
NoninterestIncome
2418000 USD
us-gaap Noninterest Income
NoninterestIncome
4937000 USD
CY2017Q2 us-gaap Noninterest Income
NoninterestIncome
1505000 USD
us-gaap Noninterest Income
NoninterestIncome
3037000 USD
CY2016Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
75000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
145000 USD
CY2017Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
240000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
349000 USD
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
437000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
248000 USD
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
141000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
429000 USD
CY2016Q4 us-gaap Notes Payable
NotesPayable
181200000 USD
CY2017Q2 us-gaap Notes Payable
NotesPayable
205700000 USD
CY2016Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
40000000 USD
CY2017Q2 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
40000000 USD
CY2016Q4 us-gaap Notes Payable To Bank
NotesPayableToBank
141166000 USD
CY2017Q2 us-gaap Notes Payable To Bank
NotesPayableToBank
165746000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
0 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-300000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-600000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
CY2016Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
60000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
152000 USD
CY2017Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
43000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
144000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2928000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2629000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7062000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12632000 USD
CY2016Q4 us-gaap Ownshare Lending Arrangement Shares Outstanding
OwnshareLendingArrangementSharesOutstanding
1459233 shares
CY2017Q2 us-gaap Ownshare Lending Arrangement Shares Outstanding
OwnshareLendingArrangementSharesOutstanding
1459233 shares
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
191023000 USD
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
211523000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
745000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
177000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
79000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
19389000 USD
CY2017Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
23065000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
4000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
7000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
84659000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
141221000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
144461000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
185393000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
273000 USD
us-gaap Profit Loss
ProfitLoss
4825000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
-8781000 USD
us-gaap Profit Loss
ProfitLoss
-8054000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3829000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3382000 USD
CY2016Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
10811000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
15542000 USD
CY2017Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
15744000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
26397000 USD
CY2016Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
10800000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
15500000 USD
CY2017Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
15700000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
26400000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
76332000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
117100000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16589000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
28851000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-205859000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-213915000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
58190000 USD
CY2017Q2 us-gaap Secured Debt
SecuredDebt
57223000 USD
CY2016Q2 us-gaap Servicing Fees Net
ServicingFeesNet
981000 USD
us-gaap Servicing Fees Net
ServicingFeesNet
2428000 USD
CY2017Q2 us-gaap Servicing Fees Net
ServicingFeesNet
861000 USD
us-gaap Servicing Fees Net
ServicingFeesNet
1950000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1210635 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
758706 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.87
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1015000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
59135 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1411667 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2424667 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.09
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.96
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.00
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
3.04
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.78
CY2017Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
57935 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y7M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y9M
us-gaap Stock Issued1
StockIssued1
1710000 USD
us-gaap Stock Issued1
StockIssued1
1142000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
18000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
5787000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
-1343000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5777000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1344000 USD
CY2016Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
15769000 USD
CY2017Q2 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
11729000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
200000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
400000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
200000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
400000 USD
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13872000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13923000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13997000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13987000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13806000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13852000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13984000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13964000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
249665 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
236107 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
371576 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
358553 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of our consolidated financial statements, as well as the reported amounts of revenues and expenses during each reporting period. We base these estimates on information available to us as of the date of the financial statements. Actual results could differ materially from these estimates. Certain estimates, such as credit losses, payment rates, costs of funds, discount rates and the yields earned on credit card receivables, significantly affect the reported amount of credit card receivables that we report at fair value and our notes payable associated with structured financings, at fair value; these estimates likewise affect the changes in these amounts reflected within our fees and related income on earning assets line item on our consolidated statements of operations. Additionally, estimates of future credit losses have a significant effect on loans and fees receivable, net, as shown on our consolidated balance sheets, as well as on the provision for losses on loans and fees receivable within our consolidated statements of operations.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We have eliminated all significant intercompany balances and transactions for financial reporting purposes.</font></div></div>

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