2018 Q2 Form 10-Q Financial Statement

#000146434318000034 Filed on August 14, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q4 2017 Q2
Revenue $37.78M $36.40M $26.66M
YoY Change 41.75% 29.08% 23.85%
Cost Of Revenue $8.928M $15.00M $7.547M
YoY Change 18.3% 23.97% 3.6%
Gross Profit $28.86M $21.40M $19.11M
YoY Change 51.01% 32.92% 34.22%
Gross Profit Margin 76.37% 58.79% 71.69%
Selling, General & Admin $7.700M $12.80M $8.600M
YoY Change -10.47% 93.94% 21.13%
% of Gross Profit 26.68% 59.81% 45.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $300.0K $200.0K $300.0K
YoY Change 0.0% -60.0% -85.71%
% of Gross Profit 1.04% 0.93% 1.57%
Operating Expenses $27.70M $42.60M $30.90M
YoY Change -10.36% 105.8% 96.82%
Operating Profit $1.156M -$21.20M -$11.79M
YoY Change -109.8% 360.87% 705.95%
Interest Expense $8.807M $300.0K $6.419M
YoY Change 37.2% 50.0% 33.95%
% of Operating Profit 761.85%
Other Income/Expense, Net -$29.00K $141.0K
YoY Change -120.57% -67.73%
Pretax Income $577.0K -$20.90M -$13.22M
YoY Change -104.36% 386.05% -1521.94%
Income Tax -$4.998M $3.300M -$4.443M
% Of Pretax Income -866.2%
Net Earnings $5.630M -$18.30M -$8.784M
YoY Change -164.09% 771.43% -3271.12%
Net Earnings / Revenue 14.9% -50.27% -32.95%
Basic Earnings Per Share $0.41 -$0.63
Diluted Earnings Per Share $0.41 -$1.317M -$0.63
COMMON SHARES
Basic Shares Outstanding 13.89M 13.87M shares 13.98M shares
Diluted Shares Outstanding 13.89M 14.00M shares

Balance Sheet

Concept 2018 Q2 2017 Q4 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.60M $41.50M $74.50M
YoY Change -33.42% -45.47% 145.07%
Cash & Equivalents $78.47M $70.66M $103.3M
Short-Term Investments
Other Short-Term Assets $15.60M $42.10M $23.10M
YoY Change -32.47% 117.01% 12.68%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $65.20M $83.60M $97.60M
YoY Change -33.2% -12.46% 91.75%
LONG-TERM ASSETS
Property, Plant & Equipment $2.908M $3.229M $3.382M
YoY Change -14.02% -15.67% -21.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.447M $4.244M $5.404M
YoY Change -36.21% -36.89% -35.29%
Other Assets $28.90M $29.20M $28.90M
YoY Change 0.0% 75.9% 71.01%
Total Long-Term Assets $393.5M $342.0M $302.0M
YoY Change 30.29% 28.07% 21.11%
TOTAL ASSETS
Total Short-Term Assets $65.20M $83.60M $97.60M
Total Long-Term Assets $393.5M $342.0M $302.0M
Total Assets $458.7M $425.6M $399.6M
YoY Change 14.79% 17.4% 33.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $109.7M $115.7M $112.4M
YoY Change -2.4% 33.29% 85.79%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $114.2M $124.8M $124.1M
YoY Change -7.98% 21.64% 49.52%
LONG-TERM LIABILITIES
Long-Term Debt $377.0M $336.9M $276.9M
YoY Change 36.15% 32.53% 37.69%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $377.0M $336.9M $276.9M
YoY Change 36.15% 32.53% 37.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $114.2M $124.8M $124.1M
Total Long-Term Liabilities $377.0M $336.9M $276.9M
Total Liabilities $491.1M $461.7M $401.0M
YoY Change 22.46% 29.42% 41.11%
SHAREHOLDERS EQUITY
Retained Earnings -$245.7M -$246.6M -$213.9M
YoY Change 14.85% 19.81% 9.87%
Common Stock $213.2M $212.8M $212.6M
YoY Change 0.3% 0.54% 0.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$32.13M -$36.03M -$1.343M
YoY Change
Total Liabilities & Shareholders Equity $458.7M $425.6M $399.6M
YoY Change 14.79% 17.4% 33.08%

Cashflow Statement

Concept 2018 Q2 2017 Q4 2017 Q2
OPERATING ACTIVITIES
Net Income $5.630M -$18.30M -$8.784M
YoY Change -164.09% 771.43% -3271.12%
Depreciation, Depletion And Amortization $300.0K $200.0K $300.0K
YoY Change 0.0% -60.0% -85.71%
Cash From Operating Activities $20.90M -$14.50M $8.000M
YoY Change 161.25% -201.4% 105.13%
INVESTING ACTIVITIES
Capital Expenditures -$100.0K -$200.0K -$100.0K
YoY Change 0.0% 100.0% -50.0%
Acquisitions
YoY Change
Other Investing Activities -$35.50M -$17.10M -$20.10M
YoY Change 76.62% -10.47% -50.37%
Cash From Investing Activities -$35.60M -$17.30M -$20.20M
YoY Change 76.24% -9.9% -50.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.80M 17.40M 20.60M
YoY Change 25.24% -23.35% 8.99%
NET CHANGE
Cash From Operating Activities 20.90M -14.50M 8.000M
Cash From Investing Activities -35.60M -17.30M -20.20M
Cash From Financing Activities 25.80M 17.40M 20.60M
Net Change In Cash 11.10M -14.40M 8.400M
YoY Change 32.14% -180.9% -147.19%
FREE CASH FLOW
Cash From Operating Activities $20.90M -$14.50M $8.000M
Capital Expenditures -$100.0K -$200.0K -$100.0K
Free Cash Flow $21.00M -$14.30M $8.100M
YoY Change 159.26% -199.31% 97.56%

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CY2018Q2 us-gaap Equity Method Investments
EquityMethodInvestments
3447000 USD
us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.142
us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.146
us-gaap Fair Value Inputs Prepayment Rate
FairValueInputsPrepaymentRate
0.025
us-gaap Fair Value Inputs Prepayment Rate
FairValueInputsPrepaymentRate
0.024
us-gaap Fair Value Inputs Probability Of Default
FairValueInputsProbabilityOfDefault
0.094
us-gaap Fair Value Inputs Probability Of Default
FairValueInputsProbabilityOfDefault
0.120
us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings
1565000 USD
us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings
495000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
-4475000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
-3309000 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
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
11109000 USD
CY2018Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
8286000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
718000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 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
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
9240000 USD
CY2018Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
6797000 USD
CY2017Q2 us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
2007000 USD
us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
3103000 USD
CY2018Q2 us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
5498000 USD
us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
10403000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
43300000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
404000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
738000 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
531000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
540000 USD
CY2018Q2 us-gaap Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
4300000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4443000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3825000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4998000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4854000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
215000 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
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
63000000 USD
CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
58300000 USD
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
54800000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
62600000 USD
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
54400000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
400000 USD
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
400000 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
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1400000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3000000 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
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
21400000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
43700000 USD
CY2017Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
393300000 USD
CY2018Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
440900000 USD
CY2017Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
600000 USD
CY2018Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
500000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1600000 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1000000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
340300000 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
389300000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
53600000 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
52100000 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
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
577000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3998000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
21959000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4369000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-4040000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-4678000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1994000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
2965000 USD
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
-200000 USD
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
32000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1893000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-27484000 USD
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
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
26656000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
52616000 USD
CY2018Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
37784000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
73510000 USD
CY2017Q2 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
26613000 USD
us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
52472000 USD
CY2018Q2 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
37743000 USD
us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
73424000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
6419000 USD
us-gaap Interest Expense
InterestExpense
12236000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
8807000 USD
us-gaap Interest Expense
InterestExpense
16960000 USD
CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
20237000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
40380000 USD
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
28977000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
56550000 USD
us-gaap Interest Paid
InterestPaid
11342000 USD
us-gaap Interest Paid
InterestPaid
15706000 USD
CY2017Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5733000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
11513000 USD
CY2018Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5602000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
11900000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
461740000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
491073000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
425613000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
458744000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
160854000 USD
CY2018Q2 us-gaap Line Of Credit
LineOfCredit
205970000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
393900000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
441400000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
305081000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
358018000 USD
CY2017Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
77900000 USD
CY2018Q2 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
62800000 USD
CY2017Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
4413000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
6614000 USD
CY2018Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
2093000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
4439000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
-94000 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
-198000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24110000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
41336000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24150000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-44516000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10412000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10653000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-8784000 USD
us-gaap Net Income Loss
NetIncomeLoss
-8056000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
5630000 USD
us-gaap Net Income Loss
NetIncomeLoss
960000 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
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-55000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-104000 USD
CY2017Q2 us-gaap Noninterest Expense
NoninterestExpense
23712000 USD
us-gaap Noninterest Expense
NoninterestExpense
44041000 USD
CY2018Q2 us-gaap Noninterest Expense
NoninterestExpense
22304000 USD
us-gaap Noninterest Expense
NoninterestExpense
44041000 USD
CY2017Q2 us-gaap Noninterest Income
NoninterestIncome
1505000 USD
us-gaap Noninterest Income
NoninterestIncome
3037000 USD
CY2018Q2 us-gaap Noninterest Income
NoninterestIncome
1934000 USD
us-gaap Noninterest Income
NoninterestIncome
3091000 USD
CY2018Q2 us-gaap Noninterest Income Other
NoninterestIncomeOther
76000 USD
us-gaap Noninterest Income Other
NoninterestIncomeOther
148000 USD
CY2017Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
240000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
349000 USD
CY2018Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
771000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1287000 USD
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
141000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
429000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-29000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-33000 USD
CY2017Q4 us-gaap Notes Payable
NotesPayable
266200000 USD
CY2018Q2 us-gaap Notes Payable
NotesPayable
308300000 USD
CY2017Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
40000000 USD
CY2018Q2 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
40000000 USD
CY2017Q4 us-gaap Notes Payable To Bank
NotesPayableToBank
226238000 USD
CY2018Q2 us-gaap Notes Payable To Bank
NotesPayableToBank
268343000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2018Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
5300000 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
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
4871000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
2526000 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
CY2018Q2 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
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
CY2018Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
CY2017Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
43000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
144000 USD
CY2018Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
41000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
86000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5776000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10677000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5446000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9146000 USD
CY2017Q4 us-gaap Ownshare Lending Arrangement Shares Outstanding
OwnshareLendingArrangementSharesOutstanding
1459233 shares
CY2018Q2 us-gaap Ownshare Lending Arrangement Shares Outstanding
OwnshareLendingArrangementSharesOutstanding
1459233 shares
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
211523000 USD
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
279391000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
41000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
79000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
143000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
42149000 USD
CY2018Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
15615000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
7000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
0 USD
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
176000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
141221000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
243316000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
185393000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
233681000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
-8781000 USD
us-gaap Profit Loss
ProfitLoss
-8054000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
5575000 USD
us-gaap Profit Loss
ProfitLoss
856000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3229000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2908000 USD
CY2017Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
15744000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
26397000 USD
CY2018Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
16476000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
32467000 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
CY2018Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
16500000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
32500000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
117100000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
201939000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
29174000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
-1500000 USD
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
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13888000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13893000 shares
CY2018Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
200000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
400000 USD
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
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
28869000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-246640000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-245680000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1403000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2551000 USD
CY2017Q4 us-gaap Secured Debt
SecuredDebt
65384000 USD
CY2018Q2 us-gaap Secured Debt
SecuredDebt
62373000 USD
CY2017Q2 us-gaap Servicing Fees Net
ServicingFeesNet
861000 USD
us-gaap Servicing Fees Net
ServicingFeesNet
1950000 USD
CY2018Q2 us-gaap Servicing Fees Net
ServicingFeesNet
632000 USD
us-gaap Servicing Fees Net
ServicingFeesNet
1264000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1025471 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1082482 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.01
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
6668 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
5000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2619334 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2617666 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.04
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.04
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
2.11
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y11M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y10M
us-gaap Stock Issued1
StockIssued1
1142000 USD
us-gaap Stock Issued1
StockIssued1
175000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
41000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-36033000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
-32131000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-36127000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-32329000 USD
CY2017Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
9132000 USD
CY2018Q2 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
4454000 USD
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13888000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13893000 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
CY2018Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
150388 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
167198 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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