$RM
Regional Management Corp.

2022 Q3 Form 10-Q Financial Statement

#000156459022028215 Filed on August 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $131.5M $122.9M $120.8M
YoY Change 17.94% 23.27% 23.65%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $62.10M $58.23M $44.55M
YoY Change 64.24% 13.81% -8.24%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.915M $2.996M $3.238M
YoY Change 0.73% 12.13% 12.0%
% of Gross Profit
Operating Expenses $62.10M $58.23M $87.06M
YoY Change -18.12% 13.81% 79.31%
Operating Profit
YoY Change
Interest Expense -$11.86M -$7.564M $59.00K
YoY Change -234.56% -196.96% -99.17%
% of Operating Profit
Other Income/Expense, Net $11.40M $9.916M $10.55M
YoY Change 14.7% 29.2% 27.66%
Pretax Income $13.35M $15.79M $34.95M
YoY Change -53.63% -36.7% 4.67%
Income Tax $3.286M $3.804M $8.166M
% Of Pretax Income 24.61% 24.1% 23.37%
Net Earnings $10.07M $11.98M $26.78M
YoY Change -54.69% -40.58% 4.94%
Net Earnings / Revenue 7.66% 9.75% 22.16%
Basic Earnings Per Share $1.09 $1.29 $2.81
Diluted Earnings Per Share $1.06 $1.24 $2.67
COMMON SHARES
Basic Shares Outstanding 9.582M 9.261M 9.533M
Diluted Shares Outstanding 9.526M 9.669M 10.02M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.140M $7.928M $17.64M
YoY Change -61.45% 30.27% 144.93%
Cash & Equivalents $117.0M $152.7M $156.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.140M $7.928M $17.64M
YoY Change -61.45% 30.27% 144.93%
LONG-TERM ASSETS
Property, Plant & Equipment $12.37M $12.81M $41.12M
YoY Change -70.11% -68.67% 1.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $20.29M
YoY Change
Other Assets $130.7M $164.6M $157.0M
YoY Change 12.16% 44.35% 68.11%
Total Long-Term Assets $1.603B $1.540B $1.480B
YoY Change 22.83% 29.94% 35.65%
TOTAL ASSETS
Total Short-Term Assets $3.140M $7.928M $17.64M
Total Long-Term Assets $1.603B $1.540B $1.480B
Total Assets $1.607B $1.548B $1.498B
YoY Change 22.31% 29.94% 36.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.24M $34.49M $46.30M
YoY Change -5.2% -9.98% 13.21%
Accrued Expenses $32.47M $31.12M $30.25M
YoY Change 3.78% 2.71% 1.86%
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 $66.71M $65.61M $76.55M
YoY Change -1.03% -4.38% 8.43%
LONG-TERM LIABILITIES
Long-Term Debt $1.231B $1.184B $1.122B
YoY Change 27.12% 40.3% 50.86%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.231B $1.184B $1.122B
YoY Change 27.12% 40.3% 50.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $66.71M $65.61M $76.55M
Total Long-Term Liabilities $1.231B $1.184B $1.122B
Total Liabilities $1.298B $1.249B $1.199B
YoY Change 25.29% 36.94% 47.16%
SHAREHOLDERS EQUITY
Retained Earnings $346.1M $338.9M
YoY Change
Common Stock $113.0M $109.8M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $150.1M $150.1M
YoY Change
Treasury Stock Shares $4.807M $4.807M
Shareholders Equity $308.5M $298.6M $298.7M
YoY Change
Total Liabilities & Shareholders Equity $1.607B $1.548B $1.498B
YoY Change 22.31% 29.94% 36.36%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $10.07M $11.98M $26.78M
YoY Change -54.69% -40.58% 4.94%
Depreciation, Depletion And Amortization $2.915M $2.996M $3.238M
YoY Change 0.73% 12.13% 12.0%
Cash From Operating Activities $54.84M $63.64M $45.79M
YoY Change 8.87% 46.79% 30.78%
INVESTING ACTIVITIES
Capital Expenditures -$2.362M -$2.410M $1.126M
YoY Change 43.5% 77.08% 173.97%
Acquisitions
YoY Change
Other Investing Activities -$131.4M -$110.1M -$47.59M
YoY Change -7.17% 17.41% -622.93%
Cash From Investing Activities -$133.8M -$112.6M -$49.36M
YoY Change -6.59% 18.27% -432.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.031M
YoY Change -23.69%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 43.22M 45.10M 10.93M
YoY Change -56.34% -37.06% -130.8%
NET CHANGE
Cash From Operating Activities 54.84M 63.64M 45.79M
Cash From Investing Activities -133.8M -112.6M -49.36M
Cash From Financing Activities 43.22M 45.10M 10.93M
Net Change In Cash -35.73M -3.824M 7.365M
YoY Change -681.94% -119.28% -48.72%
FREE CASH FLOW
Cash From Operating Activities $54.84M $63.64M $45.79M
Capital Expenditures -$2.362M -$2.410M $1.126M
Free Cash Flow $57.20M $66.05M $44.66M
YoY Change 9.96% 47.71% 29.07%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4771000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.29
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.98
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.87
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9669000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10797000
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2022Q2 us-gaap Liabilities
Liabilities
1249360000
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.10
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
10312000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9584000
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14157000
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
1183751000
CY2022Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
34492000
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14390000
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28555000
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.10
CY2022Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
19798000
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12808000
CY2022Q2 us-gaap Assets
Assets
1547944000
CY2022Q2 us-gaap Other Assets
OtherAssets
14568000
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1194570000
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
10819000
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
31117000
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
338943000
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
4370000
CY2022Q2 us-gaap Treasury Stock Value
TreasuryStockValue
150143000
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
129530000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
298584000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
282736000
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1547944000
CY2022Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
109771000
CY2022Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
4807000
CY2021Q2 us-gaap Marketing Expense
MarketingExpense
4776000
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
54121000
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2022Q2 us-gaap Insurance Services Revenue
InsuranceServicesRevenue
10220000
CY2021Q2 us-gaap Insurance Services Revenue
InsuranceServicesRevenue
8656000
CY2022Q2 us-gaap Revenues
Revenues
122871000
CY2021Q2 us-gaap Revenues
Revenues
99676000
CY2022Q2 us-gaap Other Income
OtherIncome
2880000
CY2021Q2 us-gaap Other Income
OtherIncome
2227000
CY2022Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
45400000
CY2021Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
20549000
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9788000
CY2022Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
33941000
CY2021Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
28370000
CY2022Q2 us-gaap Occupancy Net
OccupancyNet
6156000
CY2021Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
88793000
CY2022Q2 us-gaap Other Expenses
OtherExpenses
9916000
CY2021Q2 us-gaap Occupancy Net
OccupancyNet
5568000
CY2022Q2 us-gaap Marketing Expense
MarketingExpense
4108000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
11982000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
20166000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71876000
us-gaap Interest Paid Net
InterestPaidNet
17750000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
22694000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14007000
us-gaap Operating Lease Payments
OperatingLeasePayments
4241000
us-gaap Operating Lease Payments
OperatingLeasePayments
4222000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4550000
CY2021Q2 us-gaap Cash
Cash
6086000
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10200000
CY2022Q2 us-gaap Dividends Cash
DividendsCash
2917000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
298742000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
298584000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y4M24D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y7M6D
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
1439000
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
108345000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1459662000
CY2021Q2 us-gaap Other Expenses
OtherExpenses
7675000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9261000
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
11582000
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
388000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2747000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
11982000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
298584000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
283636000
CY2021Q2 us-gaap Dividends Cash
DividendsCash
2653000
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
21000
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
22190000
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1863000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1866000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
20166000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
278983000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
282736000
us-gaap Dividends Cash
DividendsCash
5927000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
20613000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1236000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4853000
us-gaap Net Income Loss
NetIncomeLoss
38765000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
272123000
us-gaap Dividends Cash
DividendsCash
4859000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
35000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
34024000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3409000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3429000
us-gaap Net Income Loss
NetIncomeLoss
45688000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
278983000
us-gaap Profit Loss
ProfitLoss
38765000
us-gaap Profit Loss
ProfitLoss
45688000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
76258000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
31911000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6234000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5572000
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
7881000
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
7913000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-16000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1000
us-gaap Share Based Compensation
ShareBasedCompensation
4853000
us-gaap Share Based Compensation
ShareBasedCompensation
3429000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2525000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
775000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1378000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
12000
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
1149000
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
4924000
rm Increase Decrease In Lease Assets
IncreaseDecreaseInLeaseAssets
-166000
rm Increase Decrease In Lease Assets
IncreaseDecreaseInLeaseAssets
1108000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-7870000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2848000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-14521000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-740000
rm Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
417000
rm Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
1094000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
109423000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
84943000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
755416000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
605747000
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
597679000
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
521570000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2177000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1509000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2001000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1052000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
948926000
us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
250000000
us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
248700000
us-gaap Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
109228000
us-gaap Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
130085000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2733000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4542000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1231000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5137000
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
5823000
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
4700000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20613000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
34024000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
56033000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
35925000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3541000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
34130000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
149189000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
152730000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
106006000
us-gaap Interest Paid Net
InterestPaidNet
13834000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3802000
CY2022Q2 rm Dividends Payable Current And Noncurrent Net
DividendsPayableCurrentAndNoncurrentNet
104000
CY2021Q2 rm Dividends Payable Current And Noncurrent Net
DividendsPayableCurrentAndNoncurrentNet
159000
CY2022Q2 us-gaap Cash
Cash
7928000
CY2021Q4 us-gaap Cash
Cash
10507000
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
144802000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
138682000
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
99920000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
152730000
CY2021Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1136000
CY2021Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1426257000
CY2022Q2 rm Finance Receivable Net Percent
FinanceReceivableNetPercent
1.000
CY2022Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
46844000
CY2022Q2 rm Financing Receivable Recorded Investment Nonaccrual Status Percent
FinancingReceivableRecordedInvestmentNonaccrualStatusPercent
0.031
CY2021Q4 us-gaap Financing Receivable Percent Past Due1
FinancingReceivablePercentPastDue1
0.060
us-gaap Nature Of Operations
NatureOfOperations
<p style="margin-bottom:0pt;margin-top:13pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Calibri;font-style:normal;text-transform:none;font-variant: normal;">Note 1. Nature of Business </p> <p style="margin-bottom:0pt;margin-top:4pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Regional Management Corp. (the “<span style="text-decoration:underline;">Company</span>”) was incorporated and began operations in 1987. The Company is engaged in the consumer finance business, offering small loans, large loans, retail loans, and related payment and collateral protection insurance products. As of June 30, 2022, the Company operated 334 branch locations under the name “Regional Finance” in 15 states across the United States. </p> <p style="margin-bottom:0pt;margin-top:9pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company’s small loan portfolio is comprised of branch small loan receivables and convenience check receivables. Branch small loan receivables are direct loans to customers and are secured by non-essential household goods and, in some instances, an automobile. Convenience checks are direct loans originated by mailing checks to customers based on a pre-screening process that includes a review of the prospective customer’s credit profile provided by national credit reporting bureaus or data aggregators. A recipient of a convenience check is able to enter into a loan by endorsing and depositing or cashing the check. Large loan receivables are direct loans to customers, some of which are convenience check receivables and the vast majority of which are secured by non-essential household goods, automobiles, and/or other vehicles. Retail loan receivables consist principally of retail installment sales contracts collateralized by the purchased furniture, appliances, and other retail items and are initiated by and purchased from retailers, subject to the Company’s credit approval.</p> <p style="margin-bottom:0pt;margin-top:9pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company’s loan volume and contractual delinquency follow seasonal trends. Demand for the Company’s small and large loans is typically highest during the second, third, and fourth quarters, which the Company believes is largely due to customers borrowing money for vacation, back-to-school, and holiday spending. Loan demand has generally been the lowest during the first quarter, which the Company believes is largely due to the timing of income tax refunds. Delinquencies generally reach their lowest point in the first half of the year and rise in the second half of the year. Changes in quarterly growth or liquidation could result in larger allowance for credit loss releases in periods of portfolio liquidation, and larger provisions for credit losses in periods of portfolio growth. Consequently, the Company experiences seasonal fluctuations in its operating results. However, changes in macroeconomic factors, including inflation, rising interest rates, and geopolitical conflict, have impacted the Company’s typical seasonal trends for loan volume and delinquency. </p>
CY2022Q2 us-gaap Number Of Stores
NumberOfStores
334
CY2022Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
15
rm Finance Receivables Income Recognition Contractual Delinquent Period
FinanceReceivablesIncomeRecognitionContractualDelinquentPeriod
P90D
CY2022Q2 us-gaap Financing Receivable Threshold Period Past Due Writeoff
FinancingReceivableThresholdPeriodPastDueWriteoff
P90D
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1525659000
CY2021Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
1079380000
CY2021Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
245803000
CY2022Q2 us-gaap Financing Receivable Percent Past Due1
FinancingReceivablePercentPastDue1
0.062
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1525659000
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:9pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Calibri;text-transform:none;font-variant: normal;">Use of estimates:<span style="font-weight:normal;font-style:normal;"> The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and disclosure of contingent assets and liabilities for the periods indicated in the financial statements. Actual results could differ from those estimates. </span></p> <p style="margin-bottom:0pt;margin-top:9pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Estimates that are susceptible to change relate to the determination of the allowance for credit losses, the valuation of deferred tax assets and liabilities, and the fair value of financial instruments. </p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-bottom:0pt;margin-top:9pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Calibri;text-transform:none;font-variant: normal;">Reclassifications:<span style="font-style:normal;"> </span><span style="font-weight:normal;font-style:normal;">Certain prior-period amounts have been reclassified to conform to the current presentation. Such reclassifications had no impact on previously reported net income or stockholders’ equity. </span></p> <p style="margin-bottom:0pt;margin-top:9pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Revision: Subsequent to issuance of the June 30, 2021 financial statements, the Company concluded that certain cash flow statement line items should be broken out to reflect cash receipts and cash payments on a gross basis, rather than net. As a result, the net originations of finance receivables, net advances (payments) on senior revolving credit facility, net advances (payments) on revolving warehouse credit facilities, and net advances on securitizations line items have been updated to reflect a gross presentation. The Company also concluded that the amortization of deferred origination fees and costs, accrued interest receivables, and unearned insurance premiums included in the net originations of finance receivables (previously in investing activities) and accrued interest payables included in debt (previously in financing activities) should be included in operating activities. These changes will classify cash flows related to interest received on finance receivables and interest paid on debt as operating activities and cash flows related to net loan origination fees and costs as investing activities. To correct these classification errors, amounts previously reported have been reclassified for the six months ended June 30, 2021. Impacts for the six months ended June 30, 2021 included a decrease in net cash provided by operating activities of $0.7 million, decrease in net cash used in investing activities of $0.5 million, and an increase in net cash provided by financing activities of $0.2 million.</p>
rm Threshold Period Past Due For Write Off Of Financing Receivables
ThresholdPeriodPastDueForWriteOffOfFinancingReceivables
P180D
rm Bankruptcy Threshold Period Past Due For Write Off Of Financing Receivables
BankruptcyThresholdPeriodPastDueForWriteOffOfFinancingReceivables
P60D
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1525659000
CY2021Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1426257000
CY2022Q2 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
14300000
CY2021Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
14200000
rm Number Of Fico Band Categories
NumberOfFICOBandCategories
6
CY2022Q2 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
666257000
CY2022Q2 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
671165000
CY2022Q2 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
136246000
CY2022Q2 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
45497000
CY2022Q2 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
4644000
CY2022Q2 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1850000
CY2021Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
85587000
CY2021Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
11574000
CY2021Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
2777000
CY2021Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1426257000
CY2021Q4 rm Finance Receivable Net Percent
FinanceReceivableNetPercent
1.000
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
45170000
CY2021Q4 rm Financing Receivable Recorded Investment Nonaccrual Status Percent
FinancingReceivableRecordedInvestmentNonaccrualStatusPercent
0.032
CY2022Q2 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
4400000
CY2021Q2 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
2300000
us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
8000000.0
us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
4800000
CY2022Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
158800000
CY2022Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
45400000
CY2022Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
38258000
CY2022Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
1558000
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
167500000
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1525659000
CY2022Q2 rm Allowance Percentage Of Finance Receivables
AllowancePercentageOfFinanceReceivables
0.110
CY2021Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
139600000
CY2021Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
20549000
CY2021Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
21808000
CY2021Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
1059000
CY2021Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
139400000
CY2021Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1183387000
CY2021Q2 rm Allowance Percentage Of Finance Receivables
AllowancePercentageOfFinanceReceivables
0.118
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
76258000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
71038000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
2980000
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
167500000
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1525659000
CY2022Q2 rm Allowance Percentage Of Finance Receivables
AllowancePercentageOfFinanceReceivables
0.110
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
31911000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
44578000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
2067000
CY2021Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
139400000
CY2021Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1183387000
CY2021Q2 rm Allowance Percentage Of Finance Receivables
AllowancePercentageOfFinanceReceivables
0.118
CY2022Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1481
CY2022Q2 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
5711000
CY2021Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1046
CY2021Q2 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
3479000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
3010
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
11223000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
2458
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
8069000
CY2022Q2 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
408
CY2022Q2 rm Tdr Finance Receivables Defaulted
TDRFinanceReceivablesDefaulted
1601000
CY2021Q2 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
252
CY2021Q2 rm Tdr Finance Receivables Defaulted
TDRFinanceReceivablesDefaulted
847000
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
874
rm Tdr Finance Receivables Defaulted
TDRFinanceReceivablesDefaulted
3297000
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
680
rm Tdr Finance Receivables Defaulted
TDRFinanceReceivablesDefaulted
2111000
CY2022Q2 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
100000000.0
CY2022Q2 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
100000000
CY2022Q1 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
16744000
CY2021Q1 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
1652000
CY2021Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
6586000
CY2020Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
265000
CY2021Q2 rm Derivative Interest Rate Cap Purchases
DerivativeInterestRateCapPurchases
385000
rm Derivative Interest Rate Cap Purchases
DerivativeInterestRateCapPurchases
987000
CY2022Q2 rm Derivative Interest Rate Cap Sales
DerivativeInterestRateCapSales
14687000
rm Derivative Interest Rate Cap Sales
DerivativeInterestRateCapSales
14687000
CY2022Q2 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
3024000
CY2021Q2 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-10000
us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
13182000
us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
775000
CY2022Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
5081000
CY2021Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
2027000
CY2022Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
5081000
CY2021Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
2027000
CY2021Q2 rm Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Repurchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesRepurchased
43.60
rm Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Repurchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesRepurchased
47.14
rm Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Repurchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesRepurchased
39.51
CY2022Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
11582000
CY2021Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
22190000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
20613000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
34024000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2022Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
5081000
CY2021Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
2027000
CY2022Q2 us-gaap Derivative Asset Fair Value Of Collateral
DerivativeAssetFairValueOfCollateral
5457000
CY2022Q2 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
-376000
CY2021Q2 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
2027000
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1194570000
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
10819000
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
1183751000
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1107953000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
11010000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
1096943000
CY2022Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
611152000
CY2021Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
556812000
CY2022Q2 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0479
us-gaap Line Of Credit Facility Commitment Fee Description
LineOfCreditFacilityCommitmentFeeDescription
The Company pays an unused line fee of 0.50%.
CY2020Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
30000000.0
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
952000
CY2021Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
30000000.0
CY2021Q3 rm Increase Decrease In Authorized Amount Under Stock Repurchase Program
IncreaseDecreaseInAuthorizedAmountUnderStockRepurchaseProgram
20000000.0
CY2021Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
30000000.0
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000.0
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
945000
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
20000000.0
CY2022Q1 us-gaap Stock Repurchase Program Expiration Date
StockRepurchaseProgramExpirationDate
2024-02-03
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
426000
CY2022Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
253000
CY2021Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
509000
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
437000
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
861000
CY2022Q2 rm Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Repurchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesRepurchased
45.75
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2022Q2 rm Provision For Corporate Taxes
ProvisionForCorporateTaxes
3855000
CY2021Q2 rm Provision For Corporate Taxes
ProvisionForCorporateTaxes
6234000
CY2022Q2 rm Discrete Tax Benefits Deficiencies
DiscreteTaxBenefitsDeficiencies
-51000
CY2021Q2 rm Discrete Tax Benefits Deficiencies
DiscreteTaxBenefitsDeficiencies
-1463000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3804000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4771000
rm Provision For Corporate Taxes
ProvisionForCorporateTaxes
12418000
rm Provision For Corporate Taxes
ProvisionForCorporateTaxes
14582000
rm Discrete Tax Benefits Deficiencies
DiscreteTaxBenefitsDeficiencies
-448000
rm Discrete Tax Benefits Deficiencies
DiscreteTaxBenefitsDeficiencies
-1942000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11970000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12640000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
11982000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
20166000
us-gaap Net Income Loss
NetIncomeLoss
38765000
us-gaap Net Income Loss
NetIncomeLoss
45688000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9261000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10200000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9396000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10371000
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
408000
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
597000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
449000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
560000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9669000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10797000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9845000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10931000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.29
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.98
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.41
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.87
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.94
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.18
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
589000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.50
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
61000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.60
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
17.08
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
527000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.07
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
7540000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
382000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
21.76
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5959000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
10.52
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4531000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2142000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7392000

Files In Submission

Name View Source Status
0001564590-22-028215-index-headers.html Edgar Link pending
0001564590-22-028215-index.html Edgar Link pending
0001564590-22-028215.txt Edgar Link pending
0001564590-22-028215-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json 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
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
rm-10q_20220630.htm Edgar Link pending
rm-10q_20220630_htm.xml Edgar Link completed
rm-20220630.xsd Edgar Link pending
rm-20220630_cal.xml Edgar Link unprocessable
rm-20220630_def.xml Edgar Link unprocessable
rm-20220630_lab.xml Edgar Link unprocessable
rm-20220630_pre.xml Edgar Link unprocessable
rm-ex311_9.htm Edgar Link pending
rm-ex312_7.htm Edgar Link pending
rm-ex321_6.htm Edgar Link pending
Show.js Edgar Link pending