2013 Q4 Form 10-Q Financial Statement

#000119312513432838 Filed on November 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $237.1M $235.6M $145.2M
YoY Change 64.76% 62.21% 25.4%
Cost Of Revenue $59.60M $65.10M $47.80M
YoY Change 22.89% 36.19% 10.14%
Gross Profit $177.5M $170.4M $97.40M
YoY Change 86.06% 74.95% 34.53%
Gross Profit Margin 74.86% 72.34% 67.07%
Selling, General & Admin $83.30M $85.70M $39.50M
YoY Change 90.62% 116.96% 28.25%
% of Gross Profit 46.93% 50.29% 40.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.000M $4.500M $1.500M
YoY Change 212.5% 200.0% 50.0%
% of Gross Profit 2.82% 2.64% 1.54%
Operating Expenses $168.5M $174.4M $103.6M
YoY Change 62.19% 68.33% 147.9%
Operating Profit $9.034M $61.13M $41.60M
YoY Change -206.63% 46.96% 35.94%
Interest Expense -$29.70M $29.19M $7.012M
YoY Change 356.92% 316.23% -234.85%
% of Operating Profit -328.76% 47.74% 16.86%
Other Income/Expense, Net $0.00 -$29.49M -$6.402M
YoY Change 360.56% 2034.0%
Pretax Income $38.90M $31.64M $35.20M
YoY Change 16.12% -10.09% 40.22%
Income Tax $15.30M $10.27M $13.89M
% Of Pretax Income 39.33% 32.46% 39.46%
Net Earnings $22.95M $21.89M $21.31M
YoY Change 13.81% 2.71% 38.36%
Net Earnings / Revenue 9.68% 9.29% 14.67%
Basic Earnings Per Share $0.90 $0.86 $0.85
Diluted Earnings Per Share $0.82 $0.81 $0.82
COMMON SHARES
Basic Shares Outstanding 25.42M shares 25.54M shares 25.07M shares
Diluted Shares Outstanding 27.18M shares 26.05M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $126.2M $110.2M $19.30M
YoY Change 621.14% 470.98% 80.37%
Cash & Equivalents $126.2M $110.2M $19.26M
Short-Term Investments
Other Short-Term Assets $23.50M $12.70M $13.10M
YoY Change 267.19% -3.05% 74.67%
Inventory
Prepaid Expenses
Receivables $212.8M $186.2M $2.500M
Other Receivables $37.90M $12.70M $4.200M
Total Short-Term Assets $400.4M $321.8M $39.10M
YoY Change 151.82% 723.02% 78.54%
LONG-TERM ASSETS
Property, Plant & Equipment $55.78M $50.05M $19.80M
YoY Change 140.21% 152.78% 20.73%
Goodwill $504.2M $489.5M
YoY Change 809.38%
Intangibles $23.55M $8.519M
YoY Change 4735.52%
Long-Term Investments $1.590B $1.596B $811.6M
YoY Change 82.13% 96.6% 24.92%
Other Assets $83.30M $81.50M $41.90M
YoY Change 67.27% 94.51% 2.44%
Total Long-Term Assets $2.285B $2.269B $1.070B
YoY Change 125.7% 112.08% 47.48%
TOTAL ASSETS
Total Short-Term Assets $400.4M $321.8M $39.10M
Total Long-Term Assets $2.285B $2.269B $1.070B
Total Assets $2.685B $2.591B $1.109B
YoY Change 129.25% 133.61% 48.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $137.3M $106.6M $43.10M
YoY Change 212.76% 147.33% 54.48%
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 $137.3M $106.6M $43.10M
YoY Change 212.76% 147.33% 54.48%
LONG-TERM LIABILITIES
Long-Term Debt $1.850B $1.807B $615.1M
YoY Change 162.1% 193.72% 78.7%
Other Long-Term Liabilities $87.90M $7.000M $2.100M
YoY Change 1104.11% 233.33% -59.62%
Total Long-Term Liabilities $1.938B $1.814B $617.2M
YoY Change 171.74% 193.86% 76.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $137.3M $106.6M $43.10M
Total Long-Term Liabilities $1.938B $1.814B $617.2M
Total Liabilities $2.083B $2.031B $677.9M
YoY Change 172.08% 199.56% 72.27%
SHAREHOLDERS EQUITY
Retained Earnings $394.6M $371.7M
YoY Change 23.58%
Common Stock $255.0K $254.0K
YoY Change 9.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $571.9M $543.9M $431.2M
YoY Change
Total Liabilities & Shareholders Equity $2.685B $2.591B $1.109B
YoY Change 129.25% 133.61% 48.39%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $22.95M $21.89M $21.31M
YoY Change 13.81% 2.71% 38.36%
Depreciation, Depletion And Amortization $5.000M $4.500M $1.500M
YoY Change 212.5% 200.0% 50.0%
Cash From Operating Activities $34.90M $28.60M $21.60M
YoY Change 8.05% 32.41% -18.49%
INVESTING ACTIVITIES
Capital Expenditures -$5.200M -$1.000M -$1.100M
YoY Change 100.0% -9.09% -45.0%
Acquisitions
YoY Change
Other Investing Activities $2.400M -$10.70M $66.90M
YoY Change -104.05% -115.99% 929.23%
Cash From Investing Activities -$2.800M -$11.70M $65.80M
YoY Change -95.47% -117.78% 1362.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.70M -131.4M -83.10M
YoY Change -167.75% 58.12% 137.43%
NET CHANGE
Cash From Operating Activities 34.90M 28.60M 21.60M
Cash From Investing Activities -2.800M -11.70M 65.80M
Cash From Financing Activities -18.70M -131.4M -83.10M
Net Change In Cash 13.40M -114.5M 4.300M
YoY Change -805.26% -2762.79% -207.5%
FREE CASH FLOW
Cash From Operating Activities $34.90M $28.60M $21.60M
Capital Expenditures -$5.200M -$1.000M -$1.100M
Free Cash Flow $40.10M $29.60M $22.70M
YoY Change 14.9% 30.4% -20.35%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
981978000
CY2012Q2 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses
108705000
CY2012Q2 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
869859000
CY2012Q2 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
1112790000
CY2012Q2 ecpg Deferred Court Costs Reserve
DeferredCourtCostsReserve
132780000
CY2012Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0413 pure
CY2012Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses
107988000
CY2012Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
811620000
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19263000
CY2012Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
1078184000
CY2012Q3 ecpg Deferred Court Costs Reserve
DeferredCourtCostsReserve
140507000
CY2013Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
1109130000
CY2013Q2 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses
100593000
CY2013Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
CY2013Q2 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
1096698000
CY2013Q2 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
1644213000
CY2013Q2 ecpg Deferred Court Costs Reserve
DeferredCourtCostsReserve
176094000
CY2013Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25412000 shares
CY2013Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.12 pure
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25412000 shares
CY2013Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2013Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0313 pure
CY2013Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q3 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
3 Interest_Rate_Swaps
CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2013Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2013Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses
97615000
CY2013Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
58500000
CY2013Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
166813000
CY2013Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
110453000
CY2013Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
171548000
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
455000
CY2013Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
12231000
CY2013Q3 us-gaap Senior Notes
SeniorNotes
62500000
CY2013Q3 us-gaap Secured Debt
SecuredDebt
62500000
CY2013Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
17600000
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
548040000
CY2013Q3 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
44164000
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
543933000
CY2013Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1806680000
CY2013Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
106632000
CY2013Q3 us-gaap Minority Interest
MinorityInterest
4107000
CY2013Q3 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
243654000
CY2013Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
613900000
CY2013Q3 us-gaap Line Of Credit
LineOfCredit
343000000
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
371676000
CY2013Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
287500000
CY2013Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
532000
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
254000
CY2013Q3 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
384700000
CY2013Q3 us-gaap Litigation Reserve
LitigationReserve
0
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2591003000
CY2013Q3 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
46954000
CY2013Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
6920000
CY2013Q3 us-gaap Other Liabilities
OtherLiabilities
6967000
CY2013Q3 us-gaap Liabilities
Liabilities
2030732000
CY2013Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
287500000
CY2013Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
15300000
CY2013Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q3 us-gaap Goodwill
Goodwill
489520000
CY2013Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
1595642000
CY2013Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
8519000
CY2013Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
12710000
CY2013Q3 us-gaap Assets
Assets
2591003000
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
110156000
CY2013Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
13229000
CY2013Q3 us-gaap Prepaid Taxes
PrepaidTaxes
24975000
CY2013Q3 us-gaap Interest Receivable
InterestReceivable
6851000
CY2013Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10481000
CY2013Q3 us-gaap Security Deposit
SecurityDeposit
2405000
CY2013Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
29275000
CY2013Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
43846000
CY2013Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
9051000
CY2013Q3 us-gaap Other Assets
OtherAssets
120441000
CY2013Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
5280000
CY2013Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
2426355000
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
50050000
CY2013Q3 ecpg Recoverable Legal Fees
RecoverableLegalFees
2573000
CY2013Q3 ecpg Propel Facility Accordion Feature
PropelFacilityAccordionFeature
40000000
CY2013Q3 ecpg Deferred Court Costs Advanced
DeferredCourtCostsAdvanced
365714000
CY2013Q3 ecpg Financing Obligations
FinancingObligations
190279000
CY2013Q3 ecpg Maximum Percentage Of General Origination Of Tax Lien Transfer
MaximumPercentageOfGeneralOriginationOfTaxLienTransfer
0.25 pure
CY2013Q3 ecpg Property Tax Payment Agreements Receivable Net
PropertyTaxPaymentAgreementsReceivableNet
186190000
CY2013Q3 ecpg Maximum Percentage Of Most Origination Of Tax Lien Transfer
MaximumPercentageOfMostOriginationOfTaxLienTransfer
0.15 pure
CY2013Q3 ecpg Deferred Court Costs Reserve
DeferredCourtCostsReserve
193960000
CY2013Q3 ecpg Deferred Court Costs Net
DeferredCourtCostsNet
39004000
CY2013Q3 ecpg Fluctuation In Discount Rate
FluctuationInDiscountRate
0.01 pure
CY2013Q3 ecpg Deferred Court Costs Recovered
DeferredCourtCostsRecovered
132750000
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net Collection Forecast Estimate
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNetCollectionForecastEstimate
142600000
CY2013Q3 ecpg Maximum Additional Unsecured Debt
MaximumAdditionalUnsecuredDebt
300000000
CY2013Q3 ecpg Acquisition Limit
AcquisitionLimit
100000000
CY2013Q3 ecpg Other Long Term Debt And Line Of Credit Facility Amount Outstanding
OtherLongTermDebtAndLineOfCreditFacilityAmountOutstanding
509800000
CY2013Q3 ecpg Subordinated Debt Basket
SubordinatedDebtBasket
300000000
CY2013Q3 ecpg Service Fee Receivable
ServiceFeeReceivable
12662000
CY2013Q3 ecpg Senior Notes Original Amount
SeniorNotesOriginalAmount
75000000
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
25421823 shares
CY2011Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses
109494000
CY2011Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
716454000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8047000
CY2011Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
854203000
CY2011Q4 ecpg Deferred Court Costs Reserve
DeferredCourtCostsReserve
130454000
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
23191000 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
23191000 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2012Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses
105273000
CY2012Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
148125000
CY2012Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
8236000
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
88029000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1774000
CY2012Q4 us-gaap Secured Debt
SecuredDebt
72500000
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
405816000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
405816000
CY2012Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
706036000
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
45450000
CY2012Q4 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
100558000
CY2012Q4 us-gaap Line Of Credit
LineOfCredit
258000000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
319329000
CY2012Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
115000000
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
83000
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
232000
CY2012Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
128300000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1171340000
CY2012Q4 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
14702000
CY2012Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
9252000
CY2012Q4 us-gaap Other Liabilities
OtherLiabilities
5802000
CY2012Q4 us-gaap Liabilities
Liabilities
765524000
CY2012Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
115000000
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Goodwill
Goodwill
55446000
CY2012Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
873119000
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
487000
CY2012Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
6399000
CY2012Q4 us-gaap Assets
Assets
1171340000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17510000
CY2012Q4 us-gaap Interest Receivable
InterestReceivable
4042000
us-gaap Revenues
Revenues
536265000
CY2012Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
487000
CY2012Q4 us-gaap Security Deposit
SecurityDeposit
1696000
CY2012Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
14397000
CY2012Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
14442000
CY2012Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
570000
CY2012Q4 us-gaap Other Assets
OtherAssets
31535000
CY2012Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2993000
CY2012Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
1002310000
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23223000
CY2012Q4 ecpg Recoverable Legal Fees
RecoverableLegalFees
1521000
CY2012Q4 ecpg Deferred Court Costs Advanced
DeferredCourtCostsAdvanced
279314000
CY2012Q4 ecpg Property Tax Payment Agreements Receivable Net
PropertyTaxPaymentAgreementsReceivableNet
135100000
CY2012Q4 ecpg Deferred Court Costs Reserve
DeferredCourtCostsReserve
149080000
CY2012Q4 ecpg Deferred Court Costs Net
DeferredCourtCostsNet
35407000
CY2012Q4 ecpg Deferred Court Costs Recovered
DeferredCourtCostsRecovered
94827000
CY2012Q2 ecpg Maximum Operating Profit Of Discontinued Business To Be Covered
MaximumOperatingProfitOfDiscontinuedBusinessToBeCovered
4000000
CY2012Q2 ecpg Description Of Earn Out Consideration To Be Received In Future On Discontinued Operation
DescriptionOfEarnOutConsiderationToBeReceivedInFutureOnDiscontinuedOperation
Company will be paid an earn-out equal to 40% of Ascension's EBITDA for the first five years commencing May 16, 2012.
dei Trading Symbol
TradingSymbol
ECPG
dei Entity Registrant Name
EntityRegistrantName
ENCORE CAPITAL GROUP INC
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0001084961
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
invest Investment Warrants Exercise Price
InvestmentWarrantsExercisePrice
44.1875
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.05
us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.120 pure
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25561000 shares
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
us-gaap Debt Instrument Interest Rate Stated Percentage Rate Range Minimum
DebtInstrumentInterestRateStatedPercentageRateRangeMinimum
0.00 pure
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.017 pure
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.15
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
298000 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.367 pure
us-gaap Line Of Credit Facility Borrowing Capacity Description
LineOfCreditFacilityBorrowingCapacityDescription
A borrowing base equal to (1) the lesser of (i) (a) 55% of eligible estimated remaining collections for consumer receivables subject to bankruptcy proceedings, provided that the amount described in this clause (i)(a) may not exceed 35% of the amount described in clauses (i)(a) and (i)(b), plus (b) 30%—35% (depending on the Company’s trailing 12-month cost per dollar collected) of all other eligible estimated remaining collections, initially set at 33%, and (ii) the product of the net book value of all receivable portfolios acquired on or after January 1, 2005 multiplied by 95%, minus (2) (x) the aggregate principal amount outstanding of the Prudential senior secured notes plus (y) the aggregate principal amount outstanding under the term loans
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
2200000
us-gaap Debt Instrument Interest Rate Stated Percentage Rate Range Maximum
DebtInstrumentInterestRateStatedPercentageRateRangeMaximum
0.077 pure
us-gaap Maximum Length Of Time Foreign Currency Cash Flow Hedge
MaximumLengthOfTimeForeignCurrencyCashFlowHedge
P36M
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.013 pure
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
940000 shares
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.020 pure
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39866000
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.16
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24323000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
us-gaap Income Tax Holiday Description
IncomeTaxHolidayDescription
The Company's subsidiary in Costa Rica is operating under a 100% tax holiday through December 31, 2018 and a 50% tax holiday for the subsequent four years. The impact of the tax holiday in Costa Rica for the three and nine months ended September 30, 2013 and 2012 was immaterial.
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11698000
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.052 pure
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.06
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3600000 shares
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
491462000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
51942000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
17152000
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
2544000
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-308000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
53753000
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-500000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1950000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
10000000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-308000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
413055000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4262000
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
156438000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-308000
us-gaap Income Taxes Paid
IncomeTaxesPaid
54499000
us-gaap Profit Loss
ProfitLoss
51524000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-647000
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
3630000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-5238000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1722000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2229000
us-gaap Operating Income Loss
OperatingIncomeLoss
129726000
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
100278000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
6473000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
52654000
us-gaap Interest Paid
InterestPaid
48243000
us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
0
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
9270000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
81942000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-47784000
us-gaap Net Income Loss
NetIncomeLoss
52346000
us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
50000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
3951000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
51832000
us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
18113000
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
39743000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8178000
us-gaap Undistributed Earnings
UndistributedEarnings
4700000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-822000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1388000
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
1189000
us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
151670000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1073000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1811000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
77429000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5411000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
264660000
us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0
us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
2200000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
46118000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-217000
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
51111000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
2633000
us-gaap Discontinued Operation Tax Effect Of Income Loss From Discontinued Operation During Phase Out Period
DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod
-192000
us-gaap Share Based Compensation
ShareBasedCompensation
9163000
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
418024000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
8527000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
90132000
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Provision For Loan Losses1
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesProvisionForLoanLosses1
479000
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
928228000
us-gaap Interest Expense
InterestExpense
43522000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-25785000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-214394000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
522065000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8527000
us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Financial Assets
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialAssets
4000000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5238000
us-gaap Loss On Contract Termination
LossOnContractTermination
3630000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9163000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
114054000
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses Decreases1
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1
8137000
us-gaap Operating Expenses
OperatingExpenses
406539000
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
172500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30110000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2514000
ecpg Percentage Of Multiplying Factor
PercentageOfMultiplyingFactor
0.95 pure
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Foreign Currency Translation Adjustment
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesForeignCurrencyTranslationAdjustment
35708000
ecpg Effective Income Tax Rate Reconciliation Tax Reserves
EffectiveIncomeTaxRateReconciliationTaxReserves
0.007 pure
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Put Backs And Recalls
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPutBacksAndRecalls
2787000
ecpg Purchase Concentration Net
PurchaseConcentrationNet
1099736000
ecpg Cost Of Legal Collections
CostOfLegalCollections
137694000
ecpg Borrowing Vase As Percentage Of Eligible Estimated Collection Range End
BorrowingVaseAsPercentageOfEligibleEstimatedCollectionRangeEnd
0.35 pure
ecpg Zero Basis Revenue
ZeroBasisRevenue
13600000
ecpg Percentage Of Eligible Estimated Remaining Collections
PercentageOfEligibleEstimatedRemainingCollections
0.33 pure
ecpg Reversal Provision For Allowances On Receivable Portfolios Net
ReversalProvisionForAllowancesOnReceivablePortfoliosNet
-7658000
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Purchases Of Receivable Portfolios
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPurchasesOfReceivablePortfolios
1099736000
ecpg Percentage To Be Added To Base Rate For Alternate Base Rate
PercentageToBeAddedToBaseRateForAlternateBaseRate
0.005 pure
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Revenue Recognized
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesRevenueRecognized
510436000
ecpg Senior Secured Notes Present Value Inputs Discount Rate Spread
SeniorSecuredNotesPresentValueInputsDiscountRateSpread
0.005 pure
ecpg Debt Instrument Borrowing Base As Percentage Of Receivables
DebtInstrumentBorrowingBaseAsPercentageOfReceivables
0.55 pure
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Revenue Recognized Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesRevenueRecognizedNet
518094000
ecpg Face Value Of Receivable Portfolios
FaceValueOfReceivablePortfolios
83900000000
ecpg Percentage To Be Added To Adjusted Base Rate For Alternate Base Rate
PercentageToBeAddedToAdjustedBaseRateForAlternateBaseRate
0.010 pure
ecpg Provision For Court Cost Spent
ProvisionForCourtCostSpent
44880000
ecpg Revenue As Percentage Of Collections
RevenueAsPercentageOfCollections
0.550 pure
ecpg Debt Instrument Covenant Percentage Of Receivables
DebtInstrumentCovenantPercentageOfReceivables
0.35 pure
ecpg Collection Agency Commissions
CollectionAgencyCommissions
22717000
ecpg Receivable Portfolios Percentage Of Face Value On Purchase Cost
ReceivablePortfoliosPercentageOfFaceValueOnPurchaseCost
0.013 pure
ecpg Deferred Court Costs Not Recovered Write Off Years
DeferredCourtCostsNotRecoveredWriteOffYears
P3Y
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Gross Collections
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesGrossCollections
928228000
ecpg Estimated Future Collections At Acquisition For Receivable Portfolios
EstimatedFutureCollectionsAtAcquisitionForReceivablePortfolios
2600000000
ecpg Borrowing Base As Percentage Of Eligible Estimated Collection Range Start
BorrowingBaseAsPercentageOfEligibleEstimatedCollectionRangeStart
0.30 pure
ecpg Stock Repurchase Program Maximum Amount Of Common Stock
StockRepurchaseProgramMaximumAmountOfCommonStock
50000000
ecpg Extended Deferred Court Costs Not Recovered Write Off Years
ExtendedDeferredCourtCostsNotRecoveredWriteOffYears
P5Y
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Portfolio Allowances Portfolio Allowance Reversals Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPortfolioAllowancesPortfolioAllowanceReversalsNet
7658000
ecpg Income Recognized Under Cost Recovery Method
IncomeRecognizedUnderCostRecoveryMethod
0
ecpg Percentage Of Purchase Concentration
PercentageOfPurchaseConcentration
1.000 pure
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
50043000
ecpg Percentage Of Outstanding Voting Stock
PercentageOfOutstandingVotingStock
0.50 pure
ecpg Description Of Present Value Calculation Of Remaining Debt Payments
DescriptionOfPresentValueCalculationOfRemainingDebtPayments
The discount rate used to determine the present value is 50 basis points over the then current Treasury Rate corresponding to the remaining average life
ecpg Benefit For State Taxes
BenefitForStateTaxes
-0.018 pure
ecpg Purchase Commitment Face Amount
PurchaseCommitmentFaceAmount
562800000
ecpg Fair Value Of Estimated Market Participant Rate
FairValueOfEstimatedMarketParticipantRate
0.503 pure
ecpg Decrease In Estimated Purchase Price By Offsetting Foreign Exchange Loss
DecreaseInEstimatedPurchasePriceByOffsettingForeignExchangeLoss
4300000
ecpg Percentage Of Payments Made For Portfolio Purchase
PercentageOfPaymentsMadeForPortfolioPurchase
0.50 pure
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.90
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25920000 shares
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.007 pure
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.98
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.397 pure
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.004 pure
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
990000 shares
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.006 pure
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
66153000
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.34
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24930000 shares
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.35
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.36
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.065 pure
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.25
us-gaap Revenues
Revenues
412874000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
6442000
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
5704000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
163048000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
50043000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1832000
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
945000
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-11942000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-9094000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
186731000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
771000
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-7264000
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
406865000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-9094000
us-gaap Income Taxes Paid
IncomeTaxesPaid
36840000
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
2416000
us-gaap Profit Loss
ProfitLoss
49310000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-20000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-3600000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1205000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
733000
us-gaap Operating Income Loss
OperatingIncomeLoss
115050000
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
22912000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
614000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
58404000
us-gaap Interest Paid
InterestPaid
18634000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2287000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
96797000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-18253000
us-gaap Net Income Loss
NetIncomeLoss
49310000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-472000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
58404000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3665000
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1830000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1798000
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
2817000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
232000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
46331000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2091000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
227064000
us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
38854000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1823000
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
24967000
us-gaap Discontinued Operation Tax Effect Of Income Loss From Discontinued Operation During Phase Out Period
DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod
-4678000
us-gaap Share Based Compensation
ShareBasedCompensation
6710000
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
313205000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
4193000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
11216000
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Provision For Loan Losses1
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesProvisionForLoanLosses1
5491000
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
717565000
us-gaap Interest Expense
InterestExpense
19024000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-8407000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-282001000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
390399000
us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
-586000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4193000
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
10400000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3600000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6710000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
72891000
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses Decreases1
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1
6997000
us-gaap Operating Expenses
OperatingExpenses
297824000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38393000
ecpg Effective Income Tax Rate Reconciliation Tax Reserves
EffectiveIncomeTaxRateReconciliationTaxReserves
0.000 pure
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Put Backs And Recalls
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPutBacksAndRecalls
1892000
ecpg Cost Of Legal Collections
CostOfLegalCollections
123203000
ecpg Zero Basis Revenue
ZeroBasisRevenue
17600000
ecpg Reversal Provision For Allowances On Receivable Portfolios Net
ReversalProvisionForAllowancesOnReceivablePortfoliosNet
-1506000
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Purchases Of Receivable Portfolios
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPurchasesOfReceivablePortfolios
408757000
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Revenue Recognized
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesRevenueRecognized
404312000
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Revenue Recognized Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesRevenueRecognizedNet
405818000
ecpg Face Value Of Receivable Portfolios
FaceValueOfReceivablePortfolios
10000000000
ecpg Provision For Court Cost Spent
ProvisionForCourtCostSpent
37536000
ecpg Write Off Of Reserve After Thirty Sixth Month
WriteOffOfReserveAfterThirtySixthMonth
27483000
ecpg Revenue As Percentage Of Collections
RevenueAsPercentageOfCollections
0.563 pure
ecpg Collection Agency Commissions
CollectionAgencyCommissions
12352000
ecpg Receivable Portfolios Percentage Of Face Value On Purchase Cost
ReceivablePortfoliosPercentageOfFaceValueOnPurchaseCost
0.041 pure
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Gross Collections
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesGrossCollections
717517000
ecpg Estimated Future Collections At Acquisition For Receivable Portfolios
EstimatedFutureCollectionsAtAcquisitionForReceivablePortfolios
717300000
ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Portfolio Allowances Portfolio Allowance Reversals Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPortfolioAllowancesPortfolioAllowanceReversalsNet
1506000
ecpg Benefit For State Taxes
BenefitForStateTaxes
-0.023 pure
CY2013Q3 ecpg Payment For Partial Redemption Of Debt
PaymentForPartialRedemptionOfDebt
41200000
CY2013Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
50000000
CY2013Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
140683000
CY2013Q1 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Additions For Current Purchases Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAdditionsForCurrentPurchasesAccretableYield
66808000
CY2013Q1 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Net Additions To Existing Portfolios Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesNetAdditionsToExistingPortfoliosAccretableYield
180695000
CY2012Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
126405000
CY2012Q1 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Additions For Current Purchases Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAdditionsForCurrentPurchasesAccretableYield
119533000
CY2012Q1 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Net Additions To Existing Portfolios Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesNetAdditionsToExistingPortfoliosAccretableYield
134647000
CY2012Q2 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
138731000
CY2012Q2 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
4000000
CY2012Q2 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Additions For Current Purchases Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAdditionsForCurrentPurchasesAccretableYield
178332000
CY2012Q2 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Net Additions To Existing Portfolios Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesNetAdditionsToExistingPortfoliosAccretableYield
91211000
CY2013Q2 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
152024000
CY2013Q2 ecpg Decrease In Estimated Purchase Price By Offsetting Foreign Exchange Loss
DecreaseInEstimatedPurchasePriceByOffsettingForeignExchangeLoss
4300000
CY2013Q2 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Additions For Current Purchases Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAdditionsForCurrentPurchasesAccretableYield
645865000
CY2013Q2 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Net Additions To Existing Portfolios Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesNetAdditionsToExistingPortfoliosAccretableYield
41242000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26047000 shares
CY2012Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2012Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.005 pure
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2012Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.395 pure
CY2012Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.013 pure
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
976000 shares
CY2012Q3 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.005 pure
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.85
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25071000 shares
CY2012Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.065 pure
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.82
CY2012Q3 us-gaap Revenues
Revenues
145218000
CY2012Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4110000
CY2012Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
23149000
CY2012Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
23149000
CY2012Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
610000
CY2012Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
140682000
CY2012Q3 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
CY2012Q3 us-gaap Profit Loss
ProfitLoss
21308000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1841000
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1841000
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
41597000
CY2012Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
426000
CY2012Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
21308000
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
35195000
CY2012Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6402000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
21308000
CY2012Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
21308000
CY2012Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14091000
CY2012Q3 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0
CY2012Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
14829000
CY2012Q3 us-gaap Discontinued Operation Tax Effect Of Income Loss From Discontinued Operation During Phase Out Period
DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod
CY2012Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1533000
CY2012Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Provision For Loan Losses1
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesProvisionForLoanLosses1
1616000
CY2012Q3 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
245977000
CY2012Q3 us-gaap Interest Expense
InterestExpense
7012000
CY2012Q3 us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
CY2012Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1905000
CY2012Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
25397000
CY2012Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses Decreases1
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1
2333000
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
103621000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13887000
CY2012Q3 ecpg Effective Income Tax Rate Reconciliation Tax Reserves
EffectiveIncomeTaxRateReconciliationTaxReserves
0.000 pure
CY2012Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Put Backs And Recalls
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPutBacksAndRecalls
267000
CY2012Q3 ecpg Cost Of Legal Collections
CostOfLegalCollections
43544000
CY2012Q3 ecpg Zero Basis Revenue
ZeroBasisRevenue
5500000
CY2012Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Purchases Of Receivable Portfolios
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPurchasesOfReceivablePortfolios
47311000
CY2012Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Revenue Recognized
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesRevenueRecognized
139965000
CY2012Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Revenue Recognized Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesRevenueRecognizedNet
140682000
CY2012Q3 ecpg Face Value Of Receivable Portfolios
FaceValueOfReceivablePortfolios
1100000000
CY2012Q3 ecpg Provision For Court Cost Spent
ProvisionForCourtCostSpent
13378000
CY2012Q3 ecpg Write Off Of Reserve After Thirty Sixth Month
WriteOffOfReserveAfterThirtySixthMonth
5651000
CY2012Q3 ecpg Revenue As Percentage Of Collections
RevenueAsPercentageOfCollections
0.569 pure
CY2012Q3 ecpg Collection Agency Commissions
CollectionAgencyCommissions
4227000
CY2012Q3 ecpg Receivable Portfolios Percentage Of Face Value On Purchase Cost
ReceivablePortfoliosPercentageOfFaceValueOnPurchaseCost
0.045 pure
CY2012Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Gross Collections
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesGrossCollections
245965000
CY2012Q3 ecpg Estimated Future Collections At Acquisition For Receivable Portfolios
EstimatedFutureCollectionsAtAcquisitionForReceivablePortfolios
80400000
CY2012Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Portfolio Allowances Portfolio Allowance Reversals Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPortfolioAllowancesPortfolioAllowanceReversalsNet
717000
CY2012Q3 ecpg Benefit For State Taxes
BenefitForStateTaxes
-0.023 pure
CY2012Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Additions For Current Purchases Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAdditionsForCurrentPurchasesAccretableYield
36387000
CY2012Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Net Additions To Existing Portfolios Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesNetAdditionsToExistingPortfoliosAccretableYield
69689000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27183000 shares
CY2013Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2013Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.040 pure
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
CY2013Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
805000 shares
CY2013Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.325 pure
CY2013Q3 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
2200000
CY2013Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.011 pure
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
843000 shares
CY2013Q3 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.048 pure
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.87
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25535000 shares
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2013Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.052 pure
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.82
CY2013Q3 us-gaap Revenues
Revenues
235558000
CY2013Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4379000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
23133000
CY2013Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-308000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
24944000
CY2013Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-500000
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-308000
CY2013Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
225387000
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-299000
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-308000
CY2013Q3 us-gaap Profit Loss
ProfitLoss
21064000
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-768000
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3880000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
61129000
CY2013Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
5792000
CY2013Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
22194000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31644000
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-29485000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
21886000
CY2013Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
4648000
CY2013Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
21372000
CY2013Q3 us-gaap Undistributed Earnings
UndistributedEarnings
1500000
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-822000
CY2013Q3 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
500000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1811000
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
33486000
CY2013Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
615000
CY2013Q3 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0
CY2013Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
19056000
CY2013Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
2633000
CY2013Q3 us-gaap Discontinued Operation Tax Effect Of Income Loss From Discontinued Operation During Phase Out Period
DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod
-192000
CY2013Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4523000
CY2013Q3 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
379670000
CY2013Q3 us-gaap Interest Expense
InterestExpense
29186000
CY2013Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3983000
CY2013Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
52253000
CY2013Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Allowance For Loan Losses Decreases1
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1
2978000
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
174429000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10272000
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Foreign Currency Translation Adjustment
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesForeignCurrencyTranslationAdjustment
36372000
CY2013Q3 ecpg Effective Income Tax Rate Reconciliation Tax Reserves
EffectiveIncomeTaxRateReconciliationTaxReserves
0.018 pure
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Put Backs And Recalls
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPutBacksAndRecalls
997000
CY2013Q3 ecpg Cost Of Legal Collections
CostOfLegalCollections
50953000
CY2013Q3 ecpg Zero Basis Revenue
ZeroBasisRevenue
4200000
CY2013Q3 ecpg Redeemable Noncontrolling Interest Increase From Business Combination
RedeemableNoncontrollingInterestIncreaseFromBusinessCombination
12064000
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Purchases Of Receivable Portfolios
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPurchasesOfReceivablePortfolios
617852000
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Revenue Recognized
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesRevenueRecognized
222409000
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Revenue Recognized Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesRevenueRecognizedNet
225387000
CY2013Q3 ecpg Face Value Of Receivable Portfolios
FaceValueOfReceivablePortfolios
13400000000
CY2013Q3 ecpg Provision For Court Cost Spent
ProvisionForCourtCostSpent
17866000
CY2013Q3 ecpg Revenue As Percentage Of Collections
RevenueAsPercentageOfCollections
0.586 pure
CY2013Q3 ecpg Collection Agency Commissions
CollectionAgencyCommissions
14158000
CY2013Q3 ecpg Receivable Portfolios Percentage Of Face Value On Purchase Cost
ReceivablePortfoliosPercentageOfFaceValueOnPurchaseCost
0.046 pure
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Gross Collections
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesGrossCollections
379670000
CY2013Q3 ecpg Estimated Future Collections At Acquisition For Receivable Portfolios
EstimatedFutureCollectionsAtAcquisitionForReceivablePortfolios
1500000000
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Portfolio Allowances Portfolio Allowance Reversals Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesPortfolioAllowancesPortfolioAllowanceReversalsNet
2978000
CY2013Q3 ecpg Benefit For State Taxes
BenefitForStateTaxes
-0.018 pure
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Additions For Current Purchases Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAdditionsForCurrentPurchasesAccretableYield
975380000
CY2013Q3 ecpg Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Net Additions To Existing Portfolios Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesNetAdditionsToExistingPortfoliosAccretableYield
32149000
CY2013Q3 ecpg Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Redeemable Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToRedeemableNoncontrollingInterest
-782000
CY2012Q4 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
50000000

Files In Submission

Name View Source Status
0001193125-13-432838-index-headers.html Edgar Link pending
0001193125-13-432838-index.html Edgar Link pending
0001193125-13-432838.txt Edgar Link pending
0001193125-13-432838-xbrl.zip Edgar Link pending
d595715d10q.htm Edgar Link pending
d595715dex101.htm Edgar Link pending
d595715dex102.htm Edgar Link pending
d595715dex311.htm Edgar Link pending
d595715dex312.htm Edgar Link pending
d595715dex321.htm Edgar Link pending
d595715dex41.htm Edgar Link pending
d595715dex42.htm Edgar Link pending
ecpg-20130930.xml Edgar Link completed
ecpg-20130930.xsd Edgar Link pending
ecpg-20130930_cal.xml Edgar Link unprocessable
ecpg-20130930_def.xml Edgar Link unprocessable
ecpg-20130930_lab.xml Edgar Link unprocessable
ecpg-20130930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g595715ex10_1pg045a.jpg Edgar Link pending
g595715ex10_1pg045b.jpg Edgar Link pending
g595715ex10_1pg046.jpg Edgar Link pending
g595715ex10_1pg201a.jpg Edgar Link pending
g595715ex10_1pg201b.jpg Edgar Link pending
g595715tx10.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending