Merger and Other Acquisitions

MERGER AND OTHER ACQUISITIONS

Cash America Merger

On September 1, 2016, the Company completed its previously announced merger of equals business combination with Cash America as contemplated by the Agreement and Plan of Merger, dated as of April 28, 2016 (the “Merger Agreement”), by and among the Company, Cash America and Frontier Merger Sub LLC, a wholly owned subsidiary of the Company (“Merger Sub”). Pursuant to the Merger Agreement, Cash America merged with and into Merger Sub, with Merger Sub continuing as the surviving entity in the Merger and a wholly owned subsidiary of the Company.

In conjunction with the closing of the Merger, the Company changed its name to FirstCash, Inc. and transferred the listing of its common stock from the NASDAQ Global Select Market to the New York Stock Exchange under the ticker symbol “FCFS.” The headquarters of the combined company was moved to the former Cash America headquarters in Fort Worth, Texas. The Merger creates the largest combined retail pawn store operator in Latin America and the U.S., with over 2,000 locations across four countries. The combined company provides significant scale and a unified platform for leadership in the pawn industry while keeping the strong local presence and established brands from both companies.

Under the terms of the Merger Agreement, each former share of Cash America common stock issued and outstanding immediately prior to September 1, 2016 was converted to 0.84 shares of the Company’s common stock with fractional shares paid in cash. As a result, the Company issued approximately 20,181,000 shares of its common stock to former holders of Cash America common stock. Immediately following the Merger, the Company’s shareholders owned approximately 58% of the common stock of the Company, and the former Cash America shareholders owned approximately 42%. Additionally, Cash America employee and director based restricted stock awards outstanding immediately prior to the Merger were fully-vested and paid out in cash in conjunction with the closing of the Merger. The Company was determined to be the accounting acquirer in the Merger.

The following table summarizes the consideration transferred in connection with the merger:



	Cash America Merger
Cash America shares outstanding at September 1, 2016 (in thousands)	24,025
Exchange ratio	0.84
Shares of First Cash common stock issued (in thousands)	20,181
Company common stock per share price at September 1, 2016	$	50.32
Fair value of Company common stock issued to Cash America shareholders	$	1,015,507
Cash in lieu of fractional shares paid by the Company	10
Cash America outstanding stock awards settled in cash	50,760
Aggregate merger consideration	$	1,066,277

The Company has performed a valuation analysis of identifiable assets acquired and liabilities assumed and allocated the aggregate merger consideration based on the fair values of those identifiable assets and liabilities. The purchase price allocation is subject to change as the Company finalizes the analysis of the fair value at the date of the Merger. The final determination of the fair value of assets acquired and liabilities assumed will be completed within the twelve month measurement period from the date of the Merger as required by applicable accounting guidance. Due to the significance of the Merger, the Company may use all of this measurement period to adequately analyze and assess the fair values of assets acquired and liabilities assumed.

The allocation of the aggregate merger consideration, subject to future measurement period adjustments, is as follows:



	Cash America Merger
Cash and cash equivalents	$	42,520
Pawn loans	234,761
Fees and service charges receivable	26,893
Consumer loans	27,549
Inventories	224,644
Income taxes receivable	23,095
Other current assets	28,324
Investment in common stock of Enova ⁽¹⁾	60,785
Property and equipment	118,381
Goodwill ⁽²⁾	522,064
Intangible assets ⁽³⁾	103,250
Other assets	62,994
Current liabilities	(95,268		)
Customer deposits	(21,536		)
Revolving unsecured credit facility ⁽⁴⁾	(232,000		)
Deferred tax liabilities	(28,002		)
Other liabilities	(32,177		)
Aggregate merger consideration	$	1,066,277

⁽¹⁾

Represents Cash America’s investment in the common stock of Enova International, Inc. (“Enova”), a publicly traded company focused on providing online consumer lending products. Prior to December 31, 2016, all of the Enova shares acquired were sold in open market transactions at an average price of $10.40 per share, which resulted in a net gain on sale of $1,299 and generated net proceeds of $62,084.

⁽²⁾

The goodwill is attributable to the excess of the aggregate merger consideration over the fair value of the net tangible and intangible assets acquired and liabilities assumed and is considered to represent the synergies and economies of scale expected from combining the operations of the Company and Cash America. This goodwill has been assigned to the U.S. operations reporting unit. Approximately $223,000 of the goodwill arising from the Merger is expected to be deductible for U.S. income tax purposes.


⁽³⁾	Intangible assets acquired and the respective useful lives assigned consist of the following:



	Amount		Useful life (in years)
Trade names	$	46,300	Indefinite
Pawn licenses	32,300		Indefinite
Customer relationships	14,700		Five
Executive non-compete agreements	8,700		Two
Franchise agreements related to check cashing operation	1,250		Indefinite
	$	103,250

The customer relationships are being amortized using an accelerated amortization method that reflects the future cash flows expected from the returning pawn customers of Cash America. The non-compete agreements are being amortized over a straight-line basis over the life of the non-compete agreements. As the trade names, pawn licenses and franchise agreements have indefinite lives, they are not amortized.


⁽⁴⁾	Represents outstanding borrowings under Cash America’s revolving unsecured credit facility that became due upon completion of the Merger. The Cash America revolving unsecured credit facility was repaid by the Company using proceeds from the 2016 Credit Facility (as described in Note 11) and was terminated upon completion of the Merger.

Transaction costs associated with the Merger are being expensed as incurred and are presented in the consolidated statements of income as merger and other acquisition expenses. These expenses include investment banking, legal, accounting, and other related third party costs associated with the Merger, including preparation for regulatory filings and shareholder approvals. See Note 4 for further information about merger and other acquisition expenses.

2016 Other Acquisitions

The Company completed other acquisitions during fiscal 2016, as described below, consistent with its strategy to continue its expansion of pawn stores in selected markets. The purchase price of each acquisition was allocated to assets and liabilities acquired based upon their estimated fair market values at the date of acquisition. The excess purchase price over the estimated fair market value of the net assets acquired has been recorded as goodwill. The goodwill arising from these acquisitions consists largely of the synergies and economies of scale expected from combining the operations of the Company and the pawn stores acquired.

The Company acquired the stock of Maxi Prenda, S.A. de C.V., the operating entity owning the pawn loans, inventories, layaways and other operating assets and liabilities of 166 pawn stores located in Mexico on January 6, 2016 and the assets of 13 pawn stores located in El Salvador on February 2, 2016 in related transactions (collectively the “Latin America Acquisition”). The combined purchase price for the all-cash transaction was $30,123, net of cash acquired before certain post-closing adjustments. Subsequent to the acquisition, $229 of post closing adjustments were identified, resulting in a combined purchase price of $29,894, net of cash acquired and is subject to further post-closing adjustments. The purchase was composed of $27,357 in cash paid during fiscal 2016 and remaining payables to the sellers of approximately $2,537. In addition, the Company assumed approximately $6,630 in peso-denominated debt from these acquisitions which was repaid in full by the Company in January 2016. The assets, liabilities and results of operations of the locations are included in the Company’s consolidated results as of the acquisition dates. The goodwill resulting from the Latin America Acquisition has been assigned to the Latin America operations reporting unit.

During fiscal 2016, three pawn stores located in the U.S. were acquired by the Company (“U.S. Acquisitions”) for an all-cash aggregate purchase price of $1,951, net of cash acquired and remaining payables to the sellers of approximately $17. During fiscal 2016, the Company also paid $575 of deferred purchase price amounts payable related to prior-year acquisitions. The goodwill resulting from the U.S. Acquisitions has been assigned to the U.S. operations reporting unit.

The allocations of the purchase prices for the Company’s other acquisitions during 2016 (the “2016 Acquisitions”) are as follows:



	U.S. Acquisitions			Latin America Acquisition			Total
Pawn loans	$	385		$	10,586		$	10,971
Fees and service charges receivable	18			885			903
Inventory	359			3,014			3,373
Other current assets	—			1,795			1,795
Property and equipment	10			6,821			6,831
Goodwill ⁽¹⁾	1,239			20,413			21,652
Intangible assets ⁽²⁾	36			405			441
Other assets	—			512			512
Deferred tax assets	—			2,392			2,392
Current liabilities	(96		)	(10,299		)	(10,395		)
Notes payable	—			(6,630		)	(6,630		)
Purchase price	$	1,951		$	29,894		$	31,845


⁽¹⁾	Substantially all of the goodwill for the U.S. Acquisitions is expected to be deductible for U.S. income tax purposes. However, the goodwill for the Latin America Acquisition is not expected to be deductible for Mexico and El Salvador income tax purposes.


⁽²⁾	Intangible assets primarily consist of customer relationships, which are generally amortized over five years.

During fiscal 2016, revenue from the Merger and the 2016 Acquisitions since the respective closing dates was $384,123. During fiscal 2016, the net earnings from the Merger and the 2016 Acquisitions since the acquisition dates (excluding acquisition and integration costs) was $21,165. Combined transaction and integration costs related to the Merger and the 2016 Acquisitions were $36,670, which are further described in Note 4.

The following unaudited pro forma financial information reflects the consolidated results of operations of the Company as if the Merger and the 2016 Acquisitions had occurred on January 1, 2015:



	Year Ended				Year Ended
	December 31, 2016				December 31, 2015
	As Reported		Pro Forma		As Reported		Pro Forma
Total revenue	$	1,088,377	$	1,771,835	$	704,602	$	1,792,523
Net income	60,127		118,333		60,710		61,479

Net income per share:
Basic	$	1.72	$	2.44	$	2.16	$	1.27
Diluted	1.72		2.44		2.14		1.27

Pro forma adjustments are included only to the extent they are directly attributable to the Merger and 2016 Acquisitions. The unaudited pro forma results have been adjusted with respect to certain aspects of the Merger and 2016 Acquisitions primarily to reflect:


•	depreciation and amortization expense that would have been recognized assuming fair value adjustments to the existing tangible and intangible assets acquired and liabilities assumed;


•	interest expense based on a lower combined weighted-average interest rate on borrowings (see Note 11 - Long-Term Debt) partially offset by an increase in total indebtedness primarily incurred to finance certain cash payments and transaction costs related to the Merger;


•	the elimination of losses on extinguishment of debt recognized in Cash America’s historical financial statements as the related debt was terminated upon completion of the Merger; and


•	the inclusion in the pro forma fiscal 2015 of $68,817 in merger and other acquisition expenses incurred by both the acquirees and acquirer (excluded from the pro forma fiscal 2016 amounts).

The pro forma financial information has been prepared for informational purposes only and does not include any anticipated synergies or other potential benefits of the Merger or 2016 Acquisitions. It also does not give effect to certain future charges that the Company expects to incur in connection with the Merger and 2016 Acquisitions, including, but not limited to, additional professional fees, legal expenses, severance, retention and other employee-related costs, contract breakage costs and costs related to consolidation of technology systems and corporate facilities. The pro forma information is based on the Company’s preliminary valuation analysis of identifiable assets acquired and liabilities assumed and therefore subject to change. Pro forma results do not purport to be indicative of what would have resulted had the acquisitions occurred on the date indicated or what may result in the future.

2015 Acquisitions

The Company completed other acquisitions during fiscal 2015 as described below consistent with its strategy to continue its expansion of pawn stores in selected markets. The purchase price of each acquisition was allocated to assets and liabilities acquired based upon their fair market values at the date of acquisition. The excess purchase price over the fair market value of the net assets acquired has been recorded as goodwill. The goodwill arising from these acquisitions consist largely of the synergies and economies of scale expected from combining the operations of the Company and the pawn stores acquired.

On December 31, 2015, the Company acquired the stock of Maxi Prenda Guatemala, S.A., the operating entity owning the pawn loans, inventory, layaways and other operating assets and liabilities of 32 full-service pawn stores located in Guatemala. The purchase price for the all-cash transaction was $10,445, net of cash acquired and subject to certain post-closing adjustments. This was the first step in a multi-stage acquisition which was completed in February 2016 and is further described above. The goodwill resulting from this acquisition has been assigned to the Latin America operations reporting unit.

During fiscal 2015, 33 pawn stores located in six U.S. states were acquired by the Company in seven separate asset purchase transactions for an aggregate purchase price of $35,592, net of cash acquired, and was composed of $35,017 in cash paid during fiscal 2015 and payables to the sellers of $575. During fiscal 2015, the Company also paid $1,425 of purchase price amounts payable related to prior-year acquisitions. The goodwill resulting from these acquisitions has been assigned to the U.S. operations reporting unit.

Merger and Other Acquisition Expenses (Notes)

12 Months Ended

Dec. 31, 2016

Merger and Other Acquisition Expenses

MERGER AND OTHER ACQUISITION EXPENSES

The Company incurred significant expenses in 2016 in connection with the Merger and integration with Cash America. The merger related expenses are predominantly incremental costs directly associated with the Merger and integration of Cash America, including professional fees, legal expenses, severance, retention and other employee-related costs, accelerated vesting of certain equity compensation awards, contract breakage costs and costs related to consolidation of technology systems and corporate facilities. In addition, the Company has incurred transaction and integration costs in connection with the Company’s other acquisitions in 2016 and prior years. The Company presents merger and other acquisition expenses separately in the consolidated statements of income to identify these activities apart from the expenses incurred to operate the business. The table below summarizes the major components of merger and other acquisition expenses:



	Year Ended December 31,
	2016		2015		2014
Merger related expenses:
Transaction ⁽¹⁾	$	18,252	$	—	$	—
Severance and retention ⁽²⁾	15,229		—		—
Other ⁽³⁾	2,739		—		—
Total merger related expenses	36,220		—		—

Other acquisition expenses:
Transaction and integration	450		2,875		998
Total other acquisition expenses	450		2,875		998
Total merger and other acquisition expenses	$	36,670	$	2,875	$	998


⁽¹⁾	For the year ended December 31, 2016, the Company recognized an income tax benefit of $3,943 related to the merger transaction expenses; a significant portion of these expenses were not deductible for income tax purposes.


⁽²⁾	For the year ended December 31, 2016, the Company made severance and retention payments of $10,381 and as of December 31, 2016 had $4,848 accrued for future payments. Accrued severance and retention is included in accounts payable and accrued expenses in the accompanying consolidated balance sheets.


⁽³⁾	Represents accelerated share-based compensation expense related to restricted stock awards for certain First Cash employees which vested as a result of the Merger.

Capital Stock	12 Months Ended
Capital Stock	Dec. 31, 2016
Equity [Abstract]
Capital Stock	CAPITAL STOCK On September 1, 2016 the Company issued approximately 20,181,000 shares of its common stock to former holders of Cash America common stock as a result of the Merger. See Note 3 for additional information about the Merger. In January 2015, the Company’s Board of Directors authorized a common stock repurchase program for up to 2,000,000 shares of the Company’s outstanding common stock. During fiscal 2016, the Company did not repurchase any of its common stock and 1,148,000 shares remain available for repurchase under the repurchase program. In April 2016, the Company temporarily suspended repurchases under its repurchase program pending the completion of the Merger. Future share repurchases are subject to a variety of factors, including, but not limited to, the level of cash balances, credit availability, debt covenant restrictions, general business conditions, regulatory requirements, the market price of the Company’s stock, dividend policy and the availability of alternative investment opportunities. Subsequent to December 31, 2016 and through the date of this report, the Company has repurchased approximately 228,000 shares of common stock at an aggregate cost of $10,005 and an average cost per share of $43.94.

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(31))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.C)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

+ Details

Discontinued Operations	12 Months Ended
Discontinued Operations	Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	DISCONTINUED OPERATIONS In 2014 the Company discontinued the operations of the Cash & Go, Ltd. joint venture, a consolidated 50%-owned subsidiary, which owned and operated 37 check cashing and financial services kiosks. The Company recorded an after-tax loss for Cash & Go, Ltd. of $272, or $0.01 per share, in fiscal 2014, which was reported as a loss from discontinued operations. All revenue, expenses and income reported in these financial statements have been adjusted to reflect the reclassification of this discontinued operation.

Fair Value of Financial Instruments

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64862545&loc=SL51724579-110230

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64862545&loc=d3e2941-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

+ Details

Fair Value of Financial Instruments

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS

The fair value of financial instruments is determined by reference to various market data and other valuation techniques, as appropriate. Financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The Company's assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. The three fair value levels are (from highest to lowest):

Level 1: Quoted market prices in active markets for identical assets or liabilities.

Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data.

Level 3: Unobservable inputs that are not corroborated by market data.

Recurring Fair Value Measurements

Prior to the Merger, the Company did not have any financial assets or liabilities that were measured at fair value on a recurring basis. The Company’s financial assets that are measured at fair value on a recurring basis as of December 31, 2016 are as follows:



	December 31,		Fair Value Measurements Using
Financial assets:	2016		Level 1		Level 2		Level 3
Cash America nonqualified savings plan (see Note 16)	$	12,663	$	12,663	$	—	$	—
	$	12,663	$	12,663	$	—	$	—

Prior to the Merger, Cash America had a nonqualified savings plan that was available to certain executives whereby participants could contribute up to 100% of their annual bonus and up to 50% of their other eligible compensation to the plan. Upon completion of the Merger, the nonqualified savings plan was terminated and the Company is in the process of dissolving the plan and distributing the remaining assets to the participants. These assets include marketable equity securities, which are classified as Level 1 and the fair values are based on quoted market prices. The nonqualified savings plan assets are included in prepaid expenses and other current assets in the accompanying consolidated balance sheets with an offsetting liability of equal amount, which is included in accounts payable and accrued expenses in the accompanying consolidated balance sheets.

Fair Value Measurements on a Nonrecurring Basis

The Company measures non-financial assets and liabilities such as property and equipment and intangible assets at fair value on a nonrecurring basis or when events or circumstances indicate that the carrying amount of the assets may be impaired.

Financial Assets and Liabilities Not Measured at Fair Value

The Company’s financial assets and liabilities as of December 31, 2016 and 2015 that are not measured at fair value in the consolidated balance sheets are as follows:



	Carrying Value		Estimated Fair Value
	December 31,		December 31,		Fair Value Measurements Using
Financial assets:	2016		2016		Level 1		Level 2		Level 3
Cash and cash equivalents	$	89,955	$	89,955	$	89,955	$	—	$	—
Pawn loans	350,506		350,506		—		—		350,506
Consumer loans, net	29,204		29,204		—		—		29,204
Fees and service charges receivable	41,013		41,013		—		—		41,013
	$	510,678	$	510,678	$	89,955	$	—	$	420,723

Financial liabilities:
Revolving unsecured credit facilities	$	260,000	$	260,000	$	—	$	260,000	$	—
Senior unsecured notes, outstanding principal	200,000		208,000		—		208,000		—
	$	460,000	$	468,000	$	—	$	468,000	$	—



	Carrying Value		Estimated Fair Value
	December 31,		December 31,		Fair Value Measurements Using
Financial assets:	2015		2015		Level 1		Level 2		Level 3
Cash and cash equivalents	$	86,954	$	86,954	$	86,954	$	—	$	—
Pawn loans	117,601		117,601		—		—		117,601
Consumer loans, net	1,118		1,118		—		—		1,118
Fees and service charges receivable	16,406		16,406		—		—		16,406
	$	222,079	$	222,079	$	86,954	$	—	$	135,125

Financial liabilities:
Revolving unsecured credit facilities	$	58,000	$	58,000	$	—	$	58,000	$	—
Senior unsecured notes, outstanding principal	200,000		199,000		—		199,000		—
	$	258,000	$	257,000	$	—	$	257,000	$	—

As cash and cash equivalents have maturities of less than three months, the carrying values of cash and cash equivalents approximate fair value. Due to their short-term maturities, the carrying value of pawn loans and fees and service charges receivable approximate fair value. Short-term loans and installment loans, collectively, represent consumer loans, net on the accompanying consolidated balance sheets and are carried net of the allowance for estimated loan losses, which is calculated by applying historical loss rates combined with recent default trends to the gross consumer loan balance. The unobservable inputs used to calculate the fair value of these loans include historical loss rates, recent default trends and estimated remaining loan terms; therefore, the carrying value approximated the fair value.

The carrying value of the Company’s prior credit facility approximated fair value as of December 31, 2015. The carrying value of the Company’s current credit facilities (the 2016 Credit Facility and the Mexico Credit Facility) approximated fair value as of December 31, 2016. The fair value of the senior unsecured notes have been estimated based on a discounted cash flow analysis using a discount rate representing the Company’s estimate of the rate that would be used by market participants. Changes in assumptions or estimation methodologies may have a material effect on these estimated fair values.

Customer Loans and Valuation Accounts

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Customer Loans and Valuation Accounts

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

CUSTOMER LOANS AND VALUATION ACCOUNTS

Customer loans, including pawn receivables and net of unearned finance fees, consist of the following:



	Pawn		Consumer Loan			Total
December 31, 2016
Total customer loans	$	350,506	$	31,455		$	381,961
Less allowance for doubtful accounts	—		(2,251		)	(2,251		)
	$	350,506	$	29,204		$	379,710

December 31, 2015
Total customer loans	$	117,601	$	1,184		$	118,785
Less allowance for doubtful accounts	—		(66		)	(66		)
	$	117,601	$	1,118		$	118,719

Changes in the allowance for consumer loan credit losses are as follows:



	Year Ended December 31,
	2016			2015			2014
Balance at beginning of year	$	66		$	81		$	84
Provision for credit losses	6,049			808			1,207
Charge-offs, net of recoveries from customers	(3,864		)	(823		)	(1,210		)
Balance at end of year	$	2,251		$	66		$	81



	Year Ended December 31,
	2016			2015			2014
Balance at beginning of year	$	498		$	493		$	580
Provision for credit losses	5,944			6,351			8,080
Amounts paid to Independent Lenders under guarantees, net of recoveries from customers	(5,860		)	(6,346		)	(8,167		)
Balance at end of year	$	582		$	498		$	493

Property, Plant and Equipment [Abstract]

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Property and Equipment

12 Months Ended

Dec. 31, 2016

Property and Equipment

PROPERTY AND EQUIPMENT

Property and equipment consists of the following:



	Year Ended December 31,
	2016			2015
Land	$	30,364		$	14,309
Buildings	55,137			19,261
Furniture, fixtures, equipment and leasehold improvements	284,391			186,697
	369,892			220,267
Less: accumulated depreciation	(133,835		)	(107,820		)
	$	236,057		$	112,447

Depreciation expense for the fiscal years ended December 31, 2016, 2015 and 2014, was $26,624, $16,140, and $15,947, respectively.

Long-Term Debt

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Long-Term Debt

LONG-TERM DEBT

As of December 31, 2016, annual maturities of the outstanding long-term debt for each of the five years after December 31, 2016 are as follows:



Fiscal
2017	$	—
2018	—
2019	—
2020	—
2021	460,000
Thereafter	—
	$	460,000

Senior Unsecured Notes

On March 24, 2014, the Company issued $200,000 of 6.75% senior notes due on April 1, 2021 (the “Notes”) all of which are currently outstanding. Interest on the Notes is payable semi-annually in arrears on April 1 and October 1. The Notes are fully and unconditionally guaranteed on a senior unsecured basis jointly and severally by all of the Company's existing and future domestic subsidiaries that guarantee the 2016 Credit Facility (as defined below). The Notes permit the Company to make certain restricted payments, such as repurchasing shares of its stock and paying cash dividends, within certain parameters, the most restrictive of which generally limits such restricted payments to 50% of net income, adjusted for certain items as described in the indenture. As of December 31, 2016 and December 31, 2015, deferred debt issuance costs of $3,455 and $4,126, respectively, are included as a direct deduction from the carrying amount of the Notes in the accompanying consolidated balance sheets.

Revolving Credit Facilities

During the period from January 1, 2016 through September 1, 2016, the Company maintained a revolving line of credit agreement with a group of U.S. based commercial lenders (the “2015 Credit Facility”) in the amount of $210,000, which was scheduled to mature in October 2020. The 2015 Credit Facility charged interest, at the Company’s option, at either (i) the prevailing London Interbank Offered Rate (“LIBOR”) (with interest periods of 1, 2, 3 or 6 months at the Company’s option) plus a fixed spread of 2.5% or (ii) the prevailing prime or base rate plus a fixed spread of 1.5%.

On September 1, 2016 and in connection with the closing of the Merger, the Company amended and extended the 2015 Credit Facility (as amended, the “2016 Credit Facility”). The total lender commitment under the 2016 Credit Facility increased from $210,000 to $400,000 and the number of participating lenders increased from five to eight. Additionally, the term of the 2016 Credit Facility was extended to September 2021, five years from the closing date of the Merger, and is unsecured as the amendment removed the pledge of 65% of the voting equity interests of the Company’s first-tier foreign subsidiaries included in the 2015 Credit Facility. Also in connection with the Merger, all of Cash America’s previously outstanding 5.75% senior notes due 2018 were redeemed and Cash America’s previously outstanding credit agreement and related credit facilities were repaid in full and terminated.

At December 31, 2016, the Company had $260,000 in outstanding borrowings and $5,956 in outstanding letters of credit under the 2016 Credit Facility, leaving $134,044 available for future borrowings. The 2016 Credit Facility bears interest, at the Company’s option, at either (i) the prevailing London Interbank Offered Rate (“LIBOR”) (with interest periods of 1 week or 1, 2, 3 or 6 months at the Company’s option) plus a fixed spread of 2.5% or (ii) the prevailing prime or base rate plus a fixed spread of 1.5%. The agreement has a LIBOR floor of 0%. Additionally, the Company is required to pay an annual commitment fee of 0.50% on the average daily unused portion of the 2016 Credit Facility commitment. The weighted-average interest rate on amounts outstanding under the 2016 Credit Facility at December 31, 2016 was 3.25% based on 1 week LIBOR. Under the terms of the 2016 Credit Facility, the Company is required to maintain certain financial ratios and comply with certain financial covenants and allows the Company to make certain restricted payments, such as repurchasing shares of its stock, within certain parameters provided the Company maintains compliance with those financial ratios and covenants after giving effect to such restricted payments. The 2016 Credit Facility also contains customary restrictions on the Company’s ability to incur additional debt, grant liens, make investments, consummate acquisitions and similar negative covenants with customary carve-outs and baskets. The Company was in compliance with the requirements and covenants of the 2016 Credit Facility as of December 31, 2016. During fiscal 2016, the Company received net proceeds of $202,000 from borrowings pursuant to the 2015 Credit Facility and 2016 Credit Facility.

At December 31, 2016, the Company maintained a line of credit with a bank in Mexico (the “Mexico Credit Facility”) in the amount of $10,000. The Mexico Credit Facility bears interest at 30-day LIBOR rate plus a fixed spread of 2.0% and matures in December 2017. Under the terms of the Mexico Credit Facility, the Company is required to maintain certain financial ratios and comply with certain financial covenants. The Company was in compliance with the requirements and covenants of the Mexico Credit Facility as of December 31, 2016. The Company is required to pay a one-time commitment fee of $25 due when the first amount is drawn/borrowed. At December 31, 2016, the Company had no amount outstanding under the Mexico Credit Facility and $10,000 was available for borrowings.

Income Taxes

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

Components of the provision for income taxes and the income to which it relates for the years ended December 31, 2016, 2015 and 2014 consist of the following:



	Year Ended December 31,
	2016			2015			2014
Income from continuing operations before income taxes ⁽¹⁾:
Domestic	$	30,804		$	27,599		$	50,984
Foreign	62,643			60,082			65,996
Income from continuing operations before income taxes	$	93,447		$	87,681		$	116,980

Current income taxes:
Federal	$	1,419		$	7,933		$	11,494
Foreign	18,787			18,763			17,823
State and local	1,139			705			1,097
Current provision for income taxes	21,345			27,401			30,414

Deferred provision (benefit) for income taxes:
Federal	11,826			931			2,232
Foreign	(528		)	(1,414		)	(1,232		)
State and local	677			53			128
Total deferred provision (benefit) for income taxes	11,975			(430		)	1,128

Provision for income taxes	$	33,320		$	26,971		$	31,542


⁽¹⁾	Includes the allocation of certain administrative expenses and the payment of royalties between domestic and foreign subsidiaries.

The provision for income taxes related to discontinued operations for the year ended December 31, 2014 was a $147 benefit.

The Company does not include foreign subsidiaries in its consolidated U.S. federal income tax return and it is the Company’s intent to indefinitely reinvest the earnings of these subsidiaries outside the U.S. Accordingly, under U.S. income tax law, as of December 31, 2016, the undistributed earnings of the foreign subsidiaries are not subject to current U.S. federal income taxes. The cumulative amount of indefinitely reinvested earnings of foreign subsidiaries is $100,996 at December 31, 2016. These earnings would be subject to additional U.S. taxes of $2,299 if the earnings were repatriated into the U.S. for 2016.

The principal deferred tax assets and liabilities consist of the following at December 31, 2016 and 2015:



	December 31,
	2016			2015
Deferred tax assets:
Property and equipment in foreign jurisdictions	$	5,604		$	5,652
Accrued fees on forfeited pawn loans	8,221			3,784
Deferred cost of goods sold deduction	1,674			2,101
Cash America nonqualified savings plan (see Note 16)	4,685			—
Accrued compensation and employee benefits	3,626			859
Accrued Merger severance and retention	2,718			—
Other	8,024			2,382
Total deferred tax assets	34,552			14,778

Deferred tax liabilities:
Intangible assets	75,998			22,761
Property and equipment in domestic jurisdictions	7,716			3,093
Other	2,406			1,067
Total deferred tax liabilities	86,120			26,921

Net deferred tax liabilities	$	(51,568	)	$	(12,143	)

Reported as:
Deferred tax assets	$	9,707		$	9,321
Deferred tax liabilities	(61,275		)	(21,464		)
Net deferred tax liabilities	$	(51,568	)	$	(12,143	)

The Company has evaluated the nature and timing of its deferred tax assets and concluded that no valuation allowance is necessary.

The effective rate on income from continuing operations differs from the U.S. federal statutory rate of 35%. The following is a reconciliation of such differences:



	Year Ended December 31,
	2016			2015			2014
Tax at the U.S. federal statutory rate	$	32,706		$	30,688		$	40,943
State income taxes, net of federal tax benefit of $636, $265 and $429, respectively	1,181			493			796
Rate benefit from foreign earnings	(3,642		)	(3,531		)	(4,576		)
Other net non-recurring foreign benefit	—			—			(5,841		)
Nondeductible transaction related costs	2,659			—			—
Other taxes and adjustments, net	416			(679		)	220
Provision for income taxes	$	33,320		$	26,971		$	31,542
Effective tax rate	35.7		%	30.8		%	27.0		%

The Company’s foreign operating subsidiaries are owned by a subsidiary located in the Netherlands. The foreign operating subsidiaries are subject to their respective foreign statutory rates, which differ from the U.S. federal statutory rate of 35%. The statutory tax rates in Mexico, Guatemala and El Salvador are 30%, 25% and 30%, respectively. The statutory tax rate in the Netherlands is 0% on eligible dividends received from its foreign subsidiaries.

The Company reviews the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. Interest and penalties related to income tax liabilities that could arise would be classified as interest expense in the Company’s consolidated statements of income.

As of December 31, 2016 and 2015, the Company had no unrecognized tax benefits and, therefore, the Company did not have a liability for accrued interest and penalties and no such interest or penalties were incurred for the fiscal years ended December 31, 2016, 2015 and 2014. The Company does not believe its unrecognized tax benefits will significantly change over the next twelve months.

The Company files federal income tax returns in the United States, Mexico, Guatemala, El Salvador and the Netherlands, as well as multiple state and local income tax returns in the U.S. The Company’s U.S. federal returns are not subject to examination for tax years prior to 2013. The Company’s U.S. state income tax returns are not subject to examination for the tax years prior to 2013 with the exception of six states, which are not subject to examination for tax years prior to 2012. With respect to federal tax returns in Mexico, Guatemala, El Salvador and the Netherlands, the tax years prior to 2011 are closed to examination. There are no state income taxes in Mexico, Guatemala, El Salvador or the Netherlands.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

COMMITMENTS AND CONTINGENCIES

Leases

The Company leases certain of its facilities and equipment under operating leases with terms generally ranging from three to five years. Most facility leases contain renewal options. Remaining future minimum rentals due under non-cancelable operating leases are as follows:



Fiscal
2017	$	102,541
2018	86,036
2019	68,953
2020	49,112
2021	31,591
Thereafter	41,168
	$	379,401

Rent expense from continuing operations under such leases was $74,312, $49,959 and $46,220 for the years ended December 31, 2016, 2015 and 2014, respectively.

As a result of the Merger, the Company recognized a favorable lease intangible asset in the amount of $64,701 and an unfavorable lease intangible liability in the amount of $38,102 related to assumed Cash America leases to the extent such leases contained favorable or unfavorable terms relative to market (see Note 3) (together the “Lease Intangibles”). The current portion of favorable lease intangibles is included in prepaid expenses and other current assets and the non-current portion is included in other assets in the accompanying consolidated balance sheets. The current portion of unfavorable lease intangibles is included in accounts payable and accrued liabilities and the non-current portion is included in other liabilities in the accompanying consolidated balance sheets. The Lease Intangibles are amortized to rent expense, which is a component of store operating expenses, on a straight-line basis over the lives of the respective leases.

The net amortization of the Lease Intangibles reduced store operating expense by $232 for the year ended December 31, 2016. The remaining weighted-average amortization period for favorable and unfavorable lease intangibles is 5.3 and 2.6 years, respectively. Estimated future net amortization of the Lease Intangibles is as follows:



Fiscal
2017	$	(1,061	)
2018	(159		)
2019	872
2020	1,895
2021	2,392
Thereafter	22,892
	$	26,831

Litigation

The Company, in the ordinary course of business, is a defendant (actual or threatened) in certain lawsuits, arbitration claims and other general claims. In management’s opinion, any potential adverse result should not have a material adverse effect on the Company’s financial position, results of operations, or cash flows.

On June 26, 2015, Wilmington Savings Fund Society, FSB, as trustee (the “Trustee”) under Cash America’s 2018 Senior Notes Indenture that governed the Cash America 2018 Senior Notes (the “2018 Senior Notes Indenture”), filed a lawsuit against Cash America in the United States District Court for the Southern District of New York (the “Senior Notes Lawsuit”). The Senior Notes Lawsuit alleged that the spin-off of Enova (the “Enova Spin-off”) completed by Cash America in November 2014 was not permitted by the 2018 Senior Notes Indenture, and the Trustee requested a remedy equal to principal and accrued and unpaid interest, plus default interest and a make-whole premium, to be paid to the holders of the 2018 Senior Notes.

In August 2016, Cash America notified the Trustee that under the optional redemption provisions of the 2018 Senior Notes Indenture, it intended to redeem all of the outstanding 2018 Senior Notes at the end of August at the then make-whole premium called for by the 2018 Senior Notes Indenture. On September 1, 2016, the Merger was completed and immediately before the close of the Merger, the 2018 Senior Notes were redeemed and extinguished by Cash America.

On September 19, 2016, with cross-motions for summary judgment before the court, the judge denied Cash America’s motion and granted the Trustee’s motion for summary judgment in all respects, granting all requested relief, including accrued and unpaid interest, default interest and a make-whole premium. The Company filed a notice of appeal on October 3, 2016, but rather than pursue the appeal, in December 2016, the Trustee, related parties and the Company entered into a confidential settlement agreement and release disposing of all claims and issues. An assumed liability in the amount of the settlement including legal fees is included in other liabilities in the allocation of aggregate Merger consideration. See Note 3.

Guarantees

The Company offers a fee-based CSO Program to assist consumers in obtaining extensions of credit from Independent Lenders. The Company’s CSO Program complies with the respective jurisdiction’s credit services organization act, credit access business law or a similar statute. Under the CSO Program, the Company assists customers in applying for a short-term extension of credit from the Independent Lenders and issues the Independent Lenders a guarantee for the repayment of the extension of credit. The extensions of credit made by the Independent Lenders to credit services customers of the Company range in amount from $50 to $1,500 (in ones) and have terms of 7 to 365 days. The Independent Lenders are considered variable interest entities of the Company. The net loans outstanding represent less than 50% of the Independent Lenders’ total assets. In addition, the Company does not have any ownership interest in the Independent Lenders, does not exercise control over them and is not the primary beneficiary and, therefore, does not consolidate the Independent Lenders’ results with its results.

The Company is required to recognize, at the inception of the guarantee, a liability for the fair value of the obligation undertaken by issuing the guarantees. According to the guarantee, if the borrower defaults on the extension of credit, the Company will pay the Independent Lenders the principal, accrued interest, insufficient funds fee and late fees, if applicable, all of which the Company records as a component of its credit loss provision. The Company is entitled to seek recovery, directly from its customers, of the amounts it pays the Independent Lenders in performing under the guarantees. The Company records the estimated fair value of the liability in accrued liabilities. The loss provision associated with the CSO Program is based primarily upon historical loss experience, with consideration given to recent loss trends, delinquency rates, economic conditions and management’s expectations of future credit losses. The Company’s maximum loss exposure under all of the outstanding guarantees issued on behalf of its customers to the Independent Lenders as of December 31, 2016 was $13,172 compared to $8,192 at December 31, 2015.

Gold Forward Sales Contracts

In connection with the Merger, the Company assumed forward gold sales contracts entered into by Cash America. As of December 31, 2016, the Company has gold commitments of 30,700 gold ounces deliverable through December 31, 2017.

Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill

The Company performed its annual assessment of goodwill and determined there was no impairment as of December 31, 2016. During the third quarter of 2015, the Company determined that sufficient indicators of potential impairment existed to require an interim goodwill impairment analysis for the U.S. consumer loan operations reporting unit, which is no longer a reporting unit for goodwill impairment testing. These indicators included, among others, the impacts of recently enacted and additional proposed local, state and federal regulatory restrictions affecting short-term and long-term profitability expectations for payday and title lending products, the Company’s long-term ongoing strategy to reduce non-core consumer lending operations along with significant deterioration in payday lending market conditions. Due to the aforementioned indicators, the Company concluded that it was more likely than not that the fair value of the U.S. consumer loan operations reporting unit was less than the carrying value. Therefore, a $7,913 goodwill impairment charge was recorded, which is included as goodwill impairment - U.S. consumer loan operations in the accompanying consolidated statements of operations.

Changes in the carrying value of goodwill by segment were as follows:



December 31, 2016	U.S. operations segment			Latin America operations segment			Total
Balance, beginning of year	$	222,901		$	72,708		$	295,609
Merger and other acquisitions (see Note 3)	523,303			20,413			543,716
Effect of foreign currency translation	—			(8,276		)	(8,276		)
Other adjustments	—			102			102
Balance, end of year	$	746,204		$	84,947		$	831,151

December 31, 2015
Balance, beginning of year	$	203,160		$	73,722		$	276,882
Merger and other acquisitions	27,654			3,039			30,693
Goodwill impairment - U.S. consumer loan operations	(7,913		)	—			(7,913		)
Effect of foreign currency translation	—			(4,976		)	(4,976		)
Other adjustments	—			923			923
Balance, end of year	$	222,901		$	72,708		$	295,609

Definite-Lived Intangible Assets

The following table summarizes the components of gross and net definite-lived intangibles assets subject to amortization as of December 31, 2016 and 2015:



	As of December 31,
	2016							2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	24,452	$	(8,861	)	$	15,591	$	9,665	$	(5,237	)	$	4,428
Executive non-compete agreements	8,700		(1,450		)	7,250		—		—			—
	$	33,152	$	(10,311	)	$	22,841	$	9,665	$	(5,237	)	$	4,428

The customer relationships are generally amortized using an accelerated amortization method that reflects the future cash flows expected from the returning pawn customers. The executive non-compete agreements are being amortized over a straight-line basis over the life of the executive non-compete agreements.

Amortization expense for definite-lived intangible assets was $5,241, $1,799 and $1,529 for the years ended December 31, 2016, 2015 and 2014, respectively. The remaining weighted-average amortization period for customer relationships, executive non-compete agreements and total definite-lived intangible assets is 1.7, 0.9 and 1.4 years, respectively. Estimated future amortization expense is as follows:



Fiscal
2017	$	10,687
2018	6,522
2019	2,583
2020	2,049
2021	1,000
	$	22,841

Indefinite-Lived Intangible Assets

The Company performed its annual assessment of indefinite-lived intangible assets and determined there was no impairment as of December 31, 2016 and 2015. Indefinite-lived intangible assets as of December 31, 2016 and 2015, consist of the following:



	As of December 31,
	2016		2015
Trade names	$	46,300	$	—
Pawn licenses ⁽¹⁾	34,083		1,753
Franchise agreements related to check-cashing operation	1,250		—
	$	81,633	$	1,753


⁽¹⁾	Costs to renew licenses with indefinite lives are expensed as incurred and recorded in store operating expenses in the consolidated statements of income.

Equity Compensation Plans and Share-Based Compensation

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Equity Compensation Plans and Share-Based Compensation

EQUITY COMPENSATION PLANS AND SHARE-BASED COMPENSATION

The Company has previously adopted equity and share-based compensation plans to attract and retain executives, directors and key employees. Under these plans, the Company has granted qualified and non-qualified common stock options and nonvested common stock awards to officers, directors and other key employees. At December 31, 2016, 977,000 shares were reserved for future grants to all employees and directors under the plans. Additionally, there were 2,052,000 shares reserved for future grants to current employees and directors who were not employees or directors of the Company at the date of the Merger.

Stock Options

The Company has not issued any common stock options in the last five fiscal years. Previous option awards have been granted to purchase the Company’s common stock at an exercise price equal to or greater than the fair market value at the date of grant and generally had a maximum duration of ten years. The Company typically issues shares of common stock to satisfy option exercises.

Stock options outstanding as of December 31, 2016 are as follows (in thousands, except exercise price and life):



					Weighted-Average	Currently
Exercise Price			Options		Remaining Life	Exercisable
	$	24.57		13	0.3		13
	$	38.00		40	4.9		—
	$	40.00		50	4.0		10
				103	3.9		23

A summary of stock option activity for the years ended December 31, 2016, 2015 and 2014, is as follows (in thousands, except exercise price):



	2016			2015				2014
		Weighted-				Weighted-				Weighted-
		Average				Average				Average
	Underlying	Exercise		Underlying		Exercise		Underlying		Exercise
	Shares	Price		Shares		Price		Shares		Price
Outstanding at beginning of year	103	$	37.34	758		$	20.67	1,052		$	19.90
Exercised	—	—		(655	)	18.06		(294	)	17.93
Outstanding at end of year	103	$	37.34	103		$	37.34	758		$	20.67

Exercisable at end of year	23	$	31.43	13		$	24.57	663		$	18.14

At December 31, 2016, the aggregate intrinsic value for the stock options outstanding was $990, of which $350 was exercisable at the end of the year, with weighted-average remaining contractual terms of 3.9 years. The aggregate intrinsic value reflects the total pre-tax intrinsic value (the difference between the Company’s closing stock price on the last trading day of the period and the exercise price of the options, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on December 31, 2016.

The total intrinsic value of options exercised for fiscal 2016, 2015 and 2014, was $0, $14,609 and $11,858, respectively. The intrinsic values are based on the closing price of the Company’s stock on the date of exercise. The Company typically issues shares of common stock to satisfy option exercises.

Nonvested Common Stock Awards (Restricted Stock)

The Company has granted nonvested common stock awards (also known as “restricted stock”) under the Company’s equity and share-based incentive compensation plans. The nonvested common stock awards are issued as common shares upon vesting. The awards granted in 2016, 2015 and 2014 each included 40,000 shares with performance-based criteria with four annual measurement periods beginning in the year of issuance. The vesting performance criteria for each year relate to growth in the Company’s EBITDA from continuing operations, adjusted for certain non-core and/or non-recurring items, compared to the base period, which is the fiscal year prior to the year of issuance. All other awards granted in 2016, 2015 and 2014 vest ratably over time through a six year period from the date of issuance. The fair value of the nonvested awards is based on the Company’s closing stock price on the day of the grant or subsequent award modification date, if applicable, and the fair value of performance-based awards is based on the maximum amount of the award expected to be achieved. The amount attributable to award grants is amortized to expense over the vesting periods.

The following table summarizes the nonvested common stock award activity during 2016, 2015 and 2014 (in thousands, except fair value amounts):



	2016				2015				2014
			Weighted-				Weighted-				Weighted-
			Average				Average				Average
	Underlying		Fair Value		Underlying		Fair Value		Underlying		Fair Value
	Shares		of Grant		Shares		of Grant		Shares		of Grant
Outstanding at beginning of year	79		$	48.10	87		$	48.99	117		$	39.91
Granted	51		42.60		45		47.08		47		51.08
Vested	(100	)	45.96		(5	)	43.26		(37	)	46.48
Canceled or forfeited	—		—		(48	)	49.26		(40	)	42.14
Outstanding at end of year	30		45.93		79		48.10		87		48.99

Nonvested common stock awards vesting in 2016, 2015 and 2014 had an aggregate intrinsic value of $4,860, $245 and $2,006, respectively, based on the closing price of the Company’s stock on the date of vesting. The outstanding award units had an aggregate intrinsic value of $1,410 at December 31, 2016. During 2016, with the exception of 40,000 performance based awards granted in 2016 to senior executives which included double-trigger change in control provisions, the change of control provisions triggered by the Merger resulted in immediate vesting of 83,000 nonvested common stock awards outstanding as of September 1, 2016, the date of the Merger.

Share-Based Compensation Expense

The Company’s net income includes the following compensation costs related to share-based compensation arrangements:



	Year Ended December 31,
	2016			2015			2014
Gross compensation costs:
Stock options	$	136		$	149		$	153
Nonvested “restricted” stock	4,038			280			1,826
Total gross compensation costs	4,174			429			1,979

Income tax benefits:
Stock options	(48		)	(52		)	(54		)
Nonvested “restricted” stock ⁽¹⁾	(782		)	(98		)	(639		)
Total income tax benefits	(830		)	(150		)	(693		)

Net compensation expense	$	3,344		$	279		$	1,286

Tax benefit realized from stock options exercised during the year	$	—		$	5,126		$	4,141


⁽¹⁾	Income tax benefit on nonvested stock compensation expense for 2016 is less than the statutory rate as a portion of the expense is not tax deductible.

As of December 31, 2016, the total compensation cost related to nonvested stock options not yet recognized was $241 and is expected to be recognized over the weighted-average period of 1.6 years. As of December 31, 2016, the total compensation cost related to nonvested common stock awards not yet recognized was $1,378 and is expected to be recognized over the weighted-average period of 2.0 years.

Segment and Geographic Information

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Benefit Plan	12 Months Ended
Benefit Plan	Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Benefit Plans	BENEFIT PLANS The Company’s 401(k) savings plan (the “Plan”) is available to all full-time, U.S.-based, employees who have been employed with the Company for six months or longer. Under the Plan, a participant may contribute up to 100% of earnings, with the Company matching the first 6% at a rate of 40%. The employee and Company contributions are paid to a corporate trustee and invested in various funds. Company contributions made to participants’ accounts become fully vested upon completion of five years of service. The total Company matching contributions to the Plan were $1,960, $800 and $784 for the years ended December 31, 2016, 2015 and 2014, respectively. Cash America had a 401(k) savings plan that was available to substantially all of its employees whereby participants could contribute up to 75% of their eligible earnings, subject to regulatory and other plan restrictions. Cash America made matching cash contributions of 50% of each participant’s contributions to the 401(k) plan, based on participant contributions of up to 5% of eligible compensation. Effective December 31, 2016, the Cash America 401(k) savings plan was merged into the Plan. Cash America had a nonqualified savings plan in place prior to the Merger that was available to certain members of its management whereby participants could contribute up to 100% of their annual bonus and up to 50% of their other eligible compensation to the plan. Upon completion of the Merger, the nonqualified savings plan was terminated and the Company is in the process of dissolving the plan and distributing the remaining assets to the participants. The nonqualified savings plan assets are included in prepaid expenses and other current assets in the accompanying consolidated balance sheets with an offsetting liability of equal amount, which is included in accounts payable and accrued expenses in the accompanying consolidated balance sheets.

Segment and Geographic Information

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC INFORMATION

Segment Information

Primarily as a result of the Merger, changes were made to information regularly reviewed by the Company’s chief operating decision maker during the fourth quarter of 2016. As a result, the Company began organizing its operations into two reportable segments as follows:


•	U.S. operations - Includes all pawn and consumer loan operations in the U.S.


•	Latin America operations - Includes all pawn and consumer loan operations in Latin America, which currently includes operations in Mexico, Guatemala and El Salvador

The following tables present reportable segment information for the three years ended December 31, 2016, 2015 and 2014 as well as separately identified segment assets:



	Year Ended December 31, 2016
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	386,026	$	283,105	$	—		$	669,131
Pawn loan fees	195,883		116,874		—			312,757
Consumer loan and credit services fees	41,922		1,929		—			43,851
Wholesale scrap jewelry sales	47,680		14,958		—			62,638
Total revenue	671,511		416,866		—			1,088,377

Cost of revenue:
Cost of retail merchandise sold	241,086		177,470		—			418,556
Consumer loan and credit services loss provision	11,494		499		—			11,993
Cost of wholesale scrap jewelry sold	41,357		11,668		—			53,025
Total cost of revenue	293,937		189,637		—			483,574

Net revenue	377,574		227,229		—			604,803

Expenses and other income:
Store operating expenses	215,227		112,787		—			328,014
Administrative expenses	—		—		96,537			96,537
Depreciation and amortization	13,618		10,429		7,818			31,865
Interest expense	—		—		20,320			20,320
Interest income	—		—		(751		)	(751		)
Merger and other acquisition expenses	—		—		36,670			36,670
Net gain on sale of common stock of Enova	—		—		(1,299		)	(1,299		)
Total expenses and other income	228,845		123,216		159,295			511,356

Income before income taxes	$	148,729	$	104,013	$	(159,295	)	$	93,447



	December 31, 2016
	U.S. Operations		Latin America Operations		Corporate		Consolidated
Pawn loans	$	293,392	$	57,114	$	—	$	350,506
Consumer loans, net	$	28,847	$	357	$	—	$	29,204
Inventories	$	282,860	$	47,823	$	—	$	330,683
Total assets	$	1,637,995	$	247,915	$	259,293	$	2,145,203



	Year Ended December 31, 2015
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	197,011	$	252,285	$	—		$	449,296
Pawn loan fees	94,761		100,687		—			195,448
Consumer loan and credit services fees	25,696		2,107		—			27,803
Wholesale scrap jewelry sales	19,380		12,675		—			32,055
Total revenue	336,848		367,754		—			704,602

Cost of revenue:
Cost of retail merchandise sold	117,059		161,572		—			278,631
Consumer loan and credit services loss provision	6,770		389		—			7,159
Cost of wholesale scrap jewelry sold	17,530		10,098		—			27,628
Total cost of revenue	141,359		172,059		—			313,418

Net revenue	195,489		195,695		—			391,184

Expenses and other income:
Store operating expenses	107,852		99,720		—			207,572
Administrative expenses	—		—		51,883			51,883
Depreciation and amortization	6,146		8,803		2,990			17,939
Interest expense	—		—		16,887			16,887
Interest income	—		—		(1,566		)	(1,566		)
Merger and other acquisition expenses	—		—		2,875			2,875
Goodwill impairment - U.S. consumer loan operations	—		—		7,913			7,913
Total expenses and other income	113,998		108,523		80,982			303,503

Income before income taxes	$	81,491	$	87,172	$	(80,982	)	$	87,681



	December 31, 2015
	U.S. Operations		Latin America Operations		Corporate		Consolidated
Pawn loans	$	68,153	$	49,448	$	—	$	117,601
Consumer loans, net	$	688	$	430	$	—	$	1,118
Inventories	$	56,040	$	37,418	$	—	$	93,458
Total assets	$	423,178	$	218,530	$	111,187	$	752,895



	Year Ended December 31, 2014
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	172,354	$	255,828	$	—		$	428,182
Pawn loan fees	89,952		109,405		—			199,357
Consumer loan and credit services fees	34,051		2,698		—			36,749
Wholesale scrap jewelry sales	28,243		20,346		—			48,589
Total revenue	324,600		388,277		—			712,877

Cost of revenue:
Cost of retail merchandise sold	98,916		162,757		—			261,673
Consumer loan and credit services loss provision	8,723		564		—			9,287
Cost of wholesale scrap jewelry sold	24,179		16,865		—			41,044
Total cost of revenue	131,818		180,186		—			312,004

Net revenue	192,782		208,091		—			400,873

Expenses and other income:
Store operating expenses	97,865		101,121		—			198,986
Administrative expenses	—		—		53,588			53,588
Depreciation and amortization	5,402		9,174		2,900			17,476
Interest expense	—		—		13,527			13,527
Interest income	—		—		(682		)	(682		)
Merger and other acquisition expenses	—		—		998			998
Total expenses and other income	103,267		110,295		70,331			283,893

Income from continuing operations before income taxes	$	89,515	$	97,796	$	(70,331	)	$	116,980



	December 31, 2014
	U.S. Operations		Latin America Operations		Corporate		Consolidated
Pawn loans	$	68,100	$	50,436	$	—	$	118,536
Consumer loans, net	$	790	$	451	$	—	$	1,241
Inventories	$	49,969	$	41,119	$	—	$	91,088
Total assets	$	396,642	$	226,656	$	88,582	$	711,880

Geographic Information

The following table shows revenue and long-lived assets (all non-current assets except goodwill, intangibles, net and deferred tax assets) by geographic area:



	Year Ended December 31,
	2016		2015		2014
Revenue:
United States	$	671,511	$	336,848	$	324,600
Mexico	397,549		367,754		388,277
Other Latin America	19,317		—		—
	$	1,088,377	$	704,602	$	712,877

Long-lived assets:
United States	$	257,939	$	65,742	$	64,713
Mexico	47,243		49,259		52,998
Other Latin America	$	2,554	1,349		—
	$	307,736	$	116,350	$	117,711

Quarterly Financial Data (Unaudited)

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Data [Abstract]

QUARTERLY FINANCIAL DATA (UNAUDITED)

Summarized quarterly financial data for the fiscal years ended December 31, 2016 and 2015, are set forth below. The Company’s operations are subject to seasonal fluctuations. The Company issued 20,181,000 shares of common stock on September 1, 2016 as a result of the Merger, which significantly increased the diluted weighted average shares used in computing diluted income per share for the quarters ended September 30, 2016 and December 31, 2016. In addition, the operating results for the quarters ended September 30, 2016 and December 31, 2016 included the operating results of Cash America for one month and three months, respectively. The Company computed the quarterly diluted income per share amounts as if each quarter was a discrete period based on that quarter’s weighted average shares outstanding. As a result, the sum of the diluted earnings per share by quarter will not necessarily total the annual diluted earnings per share.



	Quarter Ended
	March 31		June 30		September 30			December 31
2016
Total revenue	$	183,203	$	181,979	$	261,153		$	462,042
Total cost of revenue	81,340		80,518		113,789			207,927
Net revenue	101,863		101,461		147,364			254,115
Total expenses and other income	82,202		84,215		146,941			197,998
Net income (loss)	13,174		11,673		(1,412		)	36,692
Diluted net income (loss) per share	0.47		0.41		(0.04		)	0.76
Diluted weighted average shares	28,241		28,243		34,631			48,532

2015
Total revenue	$	176,023	$	167,623	$	169,532		$	191,424
Total cost of revenue	77,252		73,577		74,090			88,499
Net revenue	98,771		94,046		95,442			102,925
Total expenses and other income	74,382		74,615		79,208			75,298
Net income	16,788		13,339		11,173			19,410
Diluted net income per share	0.59		0.47		0.40			0.69
Diluted weighted average shares	28,620		28,411		28,224			28,097

Condensed Consolidating Guarantor Financial Statements

12 Months Ended

Dec. 31, 2016

Condensed Consolidating Guarantor Financial Statements [Abstract]

Condensed Consolidating Guarantor Financial Statements

CONDENSED CONSOLIDATING GUARANTOR FINANCIAL STATEMENTS

In connection with the issuance of the Notes, certain of the Company’s domestic subsidiaries (collectively, “Guarantor Subsidiaries”), fully, unconditionally, jointly and severally guaranteed the payment obligations under the Notes. Each of the Guarantor Subsidiaries is 100% owned, directly or indirectly, by the Company. In conjunction with the Merger, Merger Sub, the surviving entity in the Merger and a wholly owned subsidiary of the Company, is included as a Guarantor Subsidiary. The following supplemental financial information sets forth, on a consolidating basis, the balance sheets, statements of comprehensive income (loss) and statements of cash flows of FirstCash, Inc. (the “Parent Company”), the Guarantor Subsidiaries and the Parent Company’s other subsidiaries (the “Non-Guarantor Subsidiaries”).

The supplemental condensed consolidating financial information has been prepared pursuant to SEC rules and regulations for condensed financial information and does not include the more complete disclosures included in annual financial statements. Investments in consolidated subsidiaries have been presented under the equity method of accounting. The principal eliminating entries eliminate investments in subsidiaries, intercompany balances and intercompany revenues and expenses. The condensed financial information may not necessarily be indicative of the results of operations or financial position had the Guarantor Subsidiaries or Non-Guarantor Subsidiaries operated as independent entities.



Condensed Consolidating Balance Sheet
December 31, 2016

	Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Eliminations			Consolidated
ASSETS
Cash and cash equivalents	$	8,663	$	34,854	$	46,438	$	—		$	89,955
Fees and service charges receivable	—		31,378		9,635		—			41,013
Pawn loans	—		286,020		64,486		—			350,506
Consumer loans, net	—		28,797		407		—			29,204
Inventories	—		274,873		55,810		—			330,683
Income taxes receivable	2,415		23,095		—		—			25,510
Prepaid expenses and other current assets	2,750		21,177		1,337		—			25,264
Intercompany receivable	1,025		—		—		(1,025		)	—
Total current assets	14,853		700,194		178,113		(1,025		)	892,135

Property and equipment, net	3,736		180,438		51,883		—			236,057
Goodwill	—		719,527		111,624		—			831,151
Intangible assets, net	—		103,109		1,365		—			104,474
Other assets	3,254		66,261		2,164		—			71,679
Deferred tax assets	—		—		9,707		—			9,707
Investments in subsidiaries	1,906,444		—		—		(1,906,444		)	—
Total assets	$	1,928,287	$	1,769,529	$	354,856	$	(1,907,469	)	$	2,145,203

LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued liabilities	$	21,756	$	72,979	$	14,619	$	—		$	109,354
Customer deposits	—		24,626		8,910		—			33,536
Income taxes payable	—		—		738		—			738
Intercompany payable	—		—		1,025		(1,025		)	—
Total current liabilities	21,756		97,605		25,292		(1,025		)	143,628

Revolving unsecured credit facilities	260,000		—		—		—			260,000
Senior unsecured notes	196,545		—		—		—			196,545
Deferred tax liabilities	—		58,286		2,989		—			61,275
Other liabilities	—		33,769		—		—			33,769
Total liabilities	478,301		189,660		28,281		(1,025		)	695,217

Total stockholders’ equity	1,449,986		1,579,869		326,575		(1,906,444		)	1,449,986
Total liabilities and stockholders’ equity	$	1,928,287	$	1,769,529	$	354,856	$	(1,907,469	)	$	2,145,203



Condensed Consolidating Balance Sheet
December 31, 2015

	Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Eliminations			Consolidated
ASSETS
Cash and cash equivalents	$	5,460	$	3,765	$	77,729	$	—		$	86,954
Fees and service charges receivable	—		7,596		8,810		—			16,406
Pawn loans	—		61,204		56,397		—			117,601
Consumer loans, net	—		624		494		—			1,118
Inventories	—		46,349		47,109		—			93,458
Income taxes receivable	3,567		—		—		—			3,567
Prepaid expenses and other current assets	2,910		—		3,420		—			6,330
Intercompany receivable	7,382		—		—		(7,382		)	—
Total current assets	19,319		119,538		193,959		(7,382		)	325,434

Property and equipment, net	3,568		55,585		53,294		—			112,447
Goodwill	—		196,224		99,385		—			295,609
Intangible assets, net	—		4,418		1,763		—			6,181
Other assets	1,290		475		2,138		—			3,903
Deferred tax assets	—		—		9,321		—			9,321
Investments in subsidiaries	675,574		—		—		(675,574		)	—
Total assets	$	699,751	$	376,240	$	359,860	$	(682,956	)	$	752,895

LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued liabilities	$	14,308	$	1,724	$	11,794	$	—		$	27,826
Customer deposits	—		6,205		8,221		—			14,426
Income taxes payable	—		—		3,923		—			3,923
Intercompany payable	—		—		7,382		(7,382		)	—
Total current liabilities	14,308		7,929		31,320		(7,382		)	46,175

Revolving unsecured credit facilities	58,000		—		—		—			58,000
Senior unsecured notes	195,874		—		—		—			195,874
Deferred tax liabilities	187		18,880		2,397		—			21,464
Total liabilities	268,369		26,809		33,717		(7,382		)	321,513

Total stockholders’ equity	431,382		349,431		326,143		(675,574		)	431,382
Total liabilities and stockholders’ equity	$	699,751	$	376,240	$	359,860	$	(682,956	)	$	752,895



Condensed Consolidating Statement of Comprehensive Income (Loss)
Year Ended December 31, 2016

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Revenue:
Retail merchandise sales	$	—		$	352,147		$	316,984		$	—		$	669,131
Pawn loan fees	—			184,907			127,850			—			312,757
Consumer loan and credit services fees	—			41,591			2,260			—			43,851
Wholesale scrap jewelry sales	—			45,002			17,636			—			62,638
Total revenue	—			623,647			464,730			—			1,088,377

Cost of revenue:
Cost of retail merchandise sold	—			218,488			200,068			—			418,556
Consumer loan and credit services loss provision	—			11,475			518			—			11,993
Cost of wholesale scrap jewelry sold	—			39,264			13,761			—			53,025
Total cost of revenue	—			269,227			214,347			—			483,574

Net revenue	—			354,420			250,383			—			604,803

Expenses and other income:
Store operating expenses	—			200,004			128,010			—			328,014
Administrative expenses ⁽¹⁾	26,838			28,167			41,532			—			96,537
Depreciation and amortization	950			18,855			12,060			—			31,865
Interest expense	20,201			49			70			—			20,320
Interest income	(6		)	(10		)	(735		)	—			(751		)
Merger and other acquisition expenses	21,268			15,402			—			—			36,670
Net gain on sale of common stock of Enova	—			(1,299		)	—			—			(1,299		)
Total expenses and other income	69,251			261,168			180,937			—			511,356

Income (loss) before income taxes	(69,251		)	93,252			69,446			—			93,447

Provision for income taxes	(22,036		)	34,503			20,853			—			33,320

Income (loss) before equity in net income of subsidiaries	(47,215		)	58,749			48,593			—			60,127

Equity in net income of subsidiaries	107,342			—			—			(107,342		)	—

Net income (loss)	$	60,127		$	58,749		$	48,593		$	(107,342	)	$	60,127
Other comprehensive income (loss):
Currency translation adjustment	(41,396		)	—			—			—			(41,396		)
Comprehensive income (loss)	$	18,731		$	58,749		$	48,593		$	(107,342	)	$	18,731


⁽¹⁾	Includes the allocation of certain administrative expenses and the payment of royalties between the Parent Company and certain foreign Non-Guarantor Subsidiaries.



Condensed Consolidating Statement of Comprehensive Income (Loss)
Year Ended December 31, 2015

	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Revenue:
Retail merchandise sales	$	—		$	163,648	$	285,648		$	—		$	449,296
Pawn loan fees	—			84,295		111,153			—			195,448
Consumer loan and credit services fees	—			25,294		2,509			—			27,803
Wholesale scrap jewelry sales	—			17,396		14,659			—			32,055
Total revenue	—			290,633		413,969			—			704,602

Cost of revenue:
Cost of retail merchandise sold	—			95,129		183,502			—			278,631
Consumer loan and credit services loss provision	—			6,748		411			—			7,159
Cost of wholesale scrap jewelry sold	—			15,861		11,767			—			27,628
Total cost of revenue	—			117,738		195,680			—			313,418

Net revenue	—			172,895		218,289			—			391,184

Expenses and other income:
Store operating expenses	—			92,277		115,295			—			207,572
Administrative expenses ⁽¹⁾	23,592			—		28,291			—			51,883
Depreciation and amortization	758			6,800		10,381			—			17,939
Interest expense	16,887			—		—			—			16,887
Interest income	(13		)	—		(1,553		)	—			(1,566		)
Merger and other acquisition expenses	2,875			—		—			—			2,875
Goodwill impairment - U.S. consumer loan operations	—			7,913		—			—			7,913
Total expenses and other income	44,099			106,990		152,414			—			303,503

Income (loss) before income taxes	(44,099		)	65,905		65,875			—			87,681

Provision for income taxes	(16,844		)	24,385		19,430			—			26,971

Income (loss) before equity in net income of subsidiaries	(27,255		)	41,520		46,445			—			60,710

Equity in net income of subsidiaries	87,965			—		—			(87,965		)	—

Net income (loss)	$	60,710		$	41,520	$	46,445		$	(87,965	)	$	60,710
Other comprehensive income (loss):
Currency translation adjustment	(38,132		)	—		—			—			(38,132		)
Comprehensive income (loss)	$	22,578		$	41,520	$	46,445		$	(87,965	)	$	22,578


⁽¹⁾	Includes the allocation of certain administrative expenses and the payment of royalties between the Parent Company and certain foreign Non-Guarantor Subsidiaries.



Condensed Consolidating Statement of Comprehensive Income (Loss)
Year Ended December 31, 2014

	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Revenue:
Retail merchandise sales	$	—		$	155,619	$	272,563		$	—		$	428,182
Pawn loan fees	—			83,321		116,036			—			199,357
Consumer loan and credit services fees	—			33,568		3,181			—			36,749
Wholesale scrap jewelry sales	—			26,365		22,224			—			48,589
Total revenue	—			298,873		414,004			—			712,877

Cost of revenue:
Cost of retail merchandise sold	—			88,590		173,083			—			261,673
Consumer loan and credit services loss provision	—			8,678		609			—			9,287
Cost of wholesale scrap jewelry sold	—			22,675		18,369			—			41,044
Total cost of revenue	—			119,943		192,061			—			312,004

Net revenue	—			178,930		221,943			—			400,873

Expenses and other income:
Store operating expenses	—			89,068		109,918			—			198,986
Administrative expenses ⁽¹⁾	23,097			—		30,491			—			53,588
Depreciation and amortization	997			6,104		10,375			—			17,476
Interest expense	13,527			—		—			—			13,527
Interest income	(24		)	—		(658		)	—			(682		)
Merger and other acquisition expenses	998			—		—			—			998
Total expenses and other income	38,595			95,172		150,126			—			283,893

Income (loss) from continuing operations before income taxes	(38,595		)	83,758		71,817			—			116,980

Provision for income taxes	(17,651		)	30,983		18,210			—			31,542

Income (loss) from continuing operations before equity in net income of subsidiaries	(20,944		)	52,775		53,607			—			85,438

Loss from discontinued operations, net of tax	—			—		(272		)	—			(272		)
Equity in net income of subsidiaries	106,110			—		—			(106,110		)	—

Net income (loss)	$	85,166		$	52,775	$	53,335		$	(106,110	)	$	85,166
Other comprehensive income (loss):
Currency translation adjustment	(28,517		)	—		—			—			(28,517		)
Comprehensive income (loss)	$	56,649		$	52,775	$	53,335		$	(106,110	)	$	56,649


⁽¹⁾	Includes the allocation of certain administrative expenses and the payment of royalties between the Parent Company and certain foreign Non-Guarantor Subsidiaries.



Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2016

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Cash flow from operating activities:
Net cash flow provided by (used in) operating activities	$	153,924		$	82,030		$	48,620		$	(187,720	)	$	96,854
Cash flow from investing activities:
Loan receivables, net of cash repayments	—			1,909			(17,981		)	—			(16,072		)
Purchases of property and equipment	(1,118		)	(20,718		)	(12,027		)	—			(33,863		)
Portion of aggregate merger consideration paid in cash, net of cash acquired	—			(8,250		)	—			—			(8,250		)
Acquisitions of pawn stores, net of cash acquired	—			(2,433		)	(27,433		)	—			(29,866		)
Proceeds from sale of common stock of Enova	—			62,084			—			—			62,084
Investing activity with subsidiaries	(329,422		)	—			—			329,422			—
Net cash flow provided by (used in) investing activities	(330,540		)	32,592			(57,441		)	329,422			(25,967		)
Cash flow from financing activities:
Borrowings from revolving credit facilities	400,000			—			—			—			400,000
Repayments of revolving credit facilities	(198,000		)	—			—			—			(198,000		)
Repayments of debt assumed with merger and other acquisitions	—			(232,000		)	(6,532		)	—			(238,532		)
Debt issuance costs paid	(2,373		)	—			—			—			(2,373		)
Common stock dividends paid	(19,808		)	—			—			—			(19,808		)
Proceeds from intercompany financing related activity	—			329,138			284			(329,422		)	—
Intercompany dividends paid	—			(180,671		)	(7,049		)	187,720			—
Net cash flow provided by (used in) financing activities	179,819			(83,533		)	(13,297		)	(141,702		)	(58,713		)
Effect of exchange rates on cash	—			—			(9,173		)	—			(9,173		)
Change in cash and cash equivalents	3,203			31,089			(31,291		)	—			3,001
Cash and cash equivalents at beginning of the period	5,460			3,765			77,729			—			86,954
Cash and cash equivalents at end of the period	$	8,663		$	34,854		$	46,438		$	—		$	89,955



Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2015

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Cash flow from operating activities:
Net cash flow provided by (used in) operating activities	$	32,753		$	59,675		$	66,713		$	(66,392	)	$	92,749
Cash flow from investing activities:
Loan receivables, net of cash repayments	—			1,803			(5,519		)	—			(3,716		)
Purchases of property and equipment	(329		)	(6,919		)	(13,825		)	—			(21,073		)
Acquisitions of pawn stores, net of cash acquired	—			(29,617		)	(17,270		)	—			(46,887		)
Investing activity with subsidiaries	(43,890		)	—			—			43,890			—
Net cash flow provided by (used in) investing activities	(44,219		)	(34,733		)	(36,614		)	43,890			(71,676		)
Cash flow from financing activities:
Borrowings from revolving credit facilities	120,000			—			—			—			120,000
Repayments of revolving credit facilities	(84,400		)	—			—			—			(84,400		)
Debt issuance costs paid	(407		)	—			—			—			(407		)
Purchases of treasury stock	(39,974		)	—			—			—			(39,974		)
Proceeds from exercise of share-based compensation awards	9,895			—			—			—			9,895
Income tax benefit from exercise of stock options	5,126			—			—			—			5,126
Payment of minimum withholding taxes on net share settlement of stock options exercised	(1,113		)	—			—			—			(1,113		)
Proceeds from intercompany financing related activity	—			36,536			7,354			(43,890		)	—
Intercompany dividends paid	—			(60,859		)	(5,533		)	66,392			—
Net cash flow provided by (used in) financing activities	9,127			(24,323		)	1,821			22,502			9,127
Effect of exchange rates on cash	—			—			(11,238		)	—			(11,238		)
Change in cash and cash equivalents	(2,339		)	619			20,682			—			18,962
Cash and cash equivalents at beginning of the period	7,799			3,146			57,047			—			67,992
Cash and cash equivalents at end of the period	$	5,460		$	3,765		$	77,729		$	—		$	86,954



Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2014

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Cash flow from operating activities:
Net cash flow provided by (used in) operating activities	$	42,632		$	62,403		$	63,510		$	(70,866	)	$	97,679
Cash flow from investing activities:
Loan receivables, net of cash repayments	—			2,785			(5,255		)	—			(2,470		)
Purchases of property and equipment	(839		)	(8,097		)	(15,018		)	—			(23,954		)
Acquisitions of pawn stores, net of cash acquired	—			(16,417		)	(42,525		)	—			(58,942		)
Investing activity with subsidiaries	(49,570		)	—			—			49,570			—
Net cash flow provided by (used in) investing activities	(50,409		)	(21,729		)	(62,798		)	49,570			(85,366		)
Cash flow from financing activities:
Borrowings from revolving credit facilities	50,000			—			—			—			50,000
Repayments of revolving credit facilities	(209,600		)	—			—			—			(209,600		)
Repayments of notes payable	(8,352		)	—			—			—			(8,352		)
Issuance of senior unsecured notes	200,000			—			—			—			200,000
Debt issuance costs paid	(6,610		)	—			—			—			(6,610		)
Purchases of treasury stock	(43,947		)	—			—			—			(43,947		)
Proceeds from exercise of share-based compensation awards	5,270			—			—			—			5,270
Income tax benefit from exercise of stock options	4,141			—			—			—			4,141
Proceeds from intercompany financing related activity	—			24,514			25,056			(49,570		)	—
Intercompany dividends paid	—			(66,623		)	(4,243		)	70,866			—
Net cash flow provided by (used in) financing activities	(9,098		)	(42,109		)	20,813			21,296			(9,098		)
Effect of exchange rates on cash	—			—			(5,866		)	—			(5,866		)
Change in cash and cash equivalents	(16,875		)	(1,435		)	15,659			—			(2,651		)
Cash and cash equivalents at beginning of the period	24,674			4,581			41,388			—			70,643
Cash and cash equivalents at end of the period	$	7,799		$	3,146		$	57,047		$	—		$	67,992

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Principles of consolidation

Cash and cash equivalents

Customer loans and revenue recognition

Credit loss provisions

Foreign Currency Transactions

Store operating expenses

Layaway and deferred revenue

Inventories

Goodwill and other indefinite-lived intangible assets

Long-lived assets

Fair value of financial instruments

Income taxes

Advertising

Share-based compensation

Earnings per share

The following table sets forth the computation of basic and diluted earnings per share:



	Year Ended December 31,
	2016		2015		2014
Numerator:
Income from continuing operations for calculating basic and diluted earnings per share	$	60,127	$	60,710	$	85,438
Loss from discontinued operations	—		—		(272		)
Net income for calculating basic and diluted earnings per share	$	60,127	$	60,710	$	85,166

Denominator (in thousands):
Weighted-average common shares for calculating basic earnings per share	34,997		28,138		28,671
Effect of dilutive securities:
Stock options and nonvested awards	7		188		399
Weighted-average common shares for calculating diluted earnings per share	35,004		28,326		29,070

Basic earnings per share:
Income from continuing operations	$	1.72	$	2.16	$	2.98
Loss from discontinued operations	—		—		(0.01		)
Net income per basic share	$	1.72	$	2.16	$	2.97

Diluted earnings per share:
Income from continuing operations	$	1.72	$	2.14	$	2.94
Loss from discontinued operations	—		—		(0.01		)
Net income per diluted share	$	1.72	$	2.14	$	2.93

Pervasiveness of estimates

Revisions and reclassifications

Recent accounting pronouncements

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Schedule of Calculation of Numerator and Denominator in EPS

The following table sets forth the computation of basic and diluted earnings per share:



	Year Ended December 31,
	2016		2015		2014
Numerator:
Income from continuing operations for calculating basic and diluted earnings per share	$	60,127	$	60,710	$	85,438
Loss from discontinued operations	—		—		(272		)
Net income for calculating basic and diluted earnings per share	$	60,127	$	60,710	$	85,166

Denominator (in thousands):
Weighted-average common shares for calculating basic earnings per share	34,997		28,138		28,671
Effect of dilutive securities:
Stock options and nonvested awards	7		188		399
Weighted-average common shares for calculating diluted earnings per share	35,004		28,326		29,070

Basic earnings per share:
Income from continuing operations	$	1.72	$	2.16	$	2.98
Loss from discontinued operations	—		—		(0.01		)
Net income per basic share	$	1.72	$	2.16	$	2.97

Diluted earnings per share:
Income from continuing operations	$	1.72	$	2.14	$	2.94
Loss from discontinued operations	—		—		(0.01		)
Net income per diluted share	$	1.72	$	2.14	$	2.93

Merger and Other Acquisitions (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Business Acquisitions

The following table summarizes the consideration transferred in connection with the merger:



	Cash America Merger
Cash America shares outstanding at September 1, 2016 (in thousands)	24,025
Exchange ratio	0.84
Shares of First Cash common stock issued (in thousands)	20,181
Company common stock per share price at September 1, 2016	$	50.32
Fair value of Company common stock issued to Cash America shareholders	$	1,015,507
Cash in lieu of fractional shares paid by the Company	10
Cash America outstanding stock awards settled in cash	50,760
Aggregate merger consideration	$	1,066,277

Schedule of Preliminary Allocations of Purchase Price

The allocation of the aggregate merger consideration, subject to future measurement period adjustments, is as follows:



	Cash America Merger
Cash and cash equivalents	$	42,520
Pawn loans	234,761
Fees and service charges receivable	26,893
Consumer loans	27,549
Inventories	224,644
Income taxes receivable	23,095
Other current assets	28,324
Investment in common stock of Enova ⁽¹⁾	60,785
Property and equipment	118,381
Goodwill ⁽²⁾	522,064
Intangible assets ⁽³⁾	103,250
Other assets	62,994
Current liabilities	(95,268		)
Customer deposits	(21,536		)
Revolving unsecured credit facility ⁽⁴⁾	(232,000		)
Deferred tax liabilities	(28,002		)
Other liabilities	(32,177		)
Aggregate merger consideration	$	1,066,277

⁽¹⁾

⁽²⁾


⁽³⁾	Intangible assets acquired and the respective useful lives assigned consist of the following:



	Amount		Useful life (in years)
Trade names	$	46,300	Indefinite
Pawn licenses	32,300		Indefinite
Customer relationships	14,700		Five
Executive non-compete agreements	8,700		Two
Franchise agreements related to check cashing operation	1,250		Indefinite
	$	103,250


⁽⁴⁾	Represents outstanding borrowings under Cash America’s revolving unsecured credit facility that became due upon completion of the Merger. The Cash America revolving unsecured credit facility was repaid by the Company using proceeds from the 2016 Credit Facility (as described in Note 11) and was terminated upon completion of the Merger.

2016 Other Acquisitions

The allocations of the purchase prices for the Company’s other acquisitions during 2016 (the “2016 Acquisitions”) are as follows:



	U.S. Acquisitions			Latin America Acquisition			Total
Pawn loans	$	385		$	10,586		$	10,971
Fees and service charges receivable	18			885			903
Inventory	359			3,014			3,373
Other current assets	—			1,795			1,795
Property and equipment	10			6,821			6,831
Goodwill ⁽¹⁾	1,239			20,413			21,652
Intangible assets ⁽²⁾	36			405			441
Other assets	—			512			512
Deferred tax assets	—			2,392			2,392
Current liabilities	(96		)	(10,299		)	(10,395		)
Notes payable	—			(6,630		)	(6,630		)
Purchase price	$	1,951		$	29,894		$	31,845


⁽¹⁾	Substantially all of the goodwill for the U.S. Acquisitions is expected to be deductible for U.S. income tax purposes. However, the goodwill for the Latin America Acquisition is not expected to be deductible for Mexico and El Salvador income tax purposes.


⁽²⁾	Intangible assets primarily consist of customer relationships, which are generally amortized over five years.

Intangible Assets Acquired

Intangible assets acquired and the respective useful lives assigned consist of the following:



	Amount		Useful life (in years)
Trade names	$	46,300	Indefinite
Pawn licenses	32,300		Indefinite
Customer relationships	14,700		Five
Executive non-compete agreements	8,700		Two
Franchise agreements related to check cashing operation	1,250		Indefinite
	$	103,250

Pro Forma Financial Information

The following unaudited pro forma financial information reflects the consolidated results of operations of the Company as if the Merger and the 2016 Acquisitions had occurred on January 1, 2015:



	Year Ended				Year Ended
	December 31, 2016				December 31, 2015
	As Reported		Pro Forma		As Reported		Pro Forma
Total revenue	$	1,088,377	$	1,771,835	$	704,602	$	1,792,523
Net income	60,127		118,333		60,710		61,479

Net income per share:
Basic	$	1.72	$	2.44	$	2.16	$	1.27
Diluted	1.72		2.44		2.14		1.27

Merger and Other Acquisition Expenses Schedule of Merger and Other Acquisition Expenses (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Merger and Other Acquisition Expenses [Table Text Block]

The table below summarizes the major components of merger and other acquisition expenses:



	Year Ended December 31,
	2016		2015		2014
Merger related expenses:
Transaction ⁽¹⁾	$	18,252	$	—	$	—
Severance and retention ⁽²⁾	15,229		—		—
Other ⁽³⁾	2,739		—		—
Total merger related expenses	36,220		—		—

Other acquisition expenses:
Transaction and integration	450		2,875		998
Total other acquisition expenses	450		2,875		998
Total merger and other acquisition expenses	$	36,670	$	2,875	$	998


⁽¹⁾	For the year ended December 31, 2016, the Company recognized an income tax benefit of $3,943 related to the merger transaction expenses; a significant portion of these expenses were not deductible for income tax purposes.


⁽²⁾	For the year ended December 31, 2016, the Company made severance and retention payments of $10,381 and as of December 31, 2016 had $4,848 accrued for future payments. Accrued severance and retention is included in accounts payable and accrued expenses in the accompanying consolidated balance sheets.


⁽³⁾	Represents accelerated share-based compensation expense related to restricted stock awards for certain First Cash employees which vested as a result of the Merger.

Fair Value of Financial Instruments Fair Value, Assets Measured on Recurring Basis (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The Company’s financial assets that are measured at fair value on a recurring basis as of December 31, 2016 are as follows:



	December 31,		Fair Value Measurements Using
Financial assets:	2016		Level 1		Level 2		Level 3
Cash America nonqualified savings plan (see Note 16)	$	12,663	$	12,663	$	—	$	—
	$	12,663	$	12,663	$	—	$	—

Fair Value, by Balance Sheet Grouping

The Company’s financial assets and liabilities as of December 31, 2016 and 2015 that are not measured at fair value in the consolidated balance sheets are as follows:



	Carrying Value		Estimated Fair Value
	December 31,		December 31,		Fair Value Measurements Using
Financial assets:	2016		2016		Level 1		Level 2		Level 3
Cash and cash equivalents	$	89,955	$	89,955	$	89,955	$	—	$	—
Pawn loans	350,506		350,506		—		—		350,506
Consumer loans, net	29,204		29,204		—		—		29,204
Fees and service charges receivable	41,013		41,013		—		—		41,013
	$	510,678	$	510,678	$	89,955	$	—	$	420,723

Financial liabilities:
Revolving unsecured credit facilities	$	260,000	$	260,000	$	—	$	260,000	$	—
Senior unsecured notes, outstanding principal	200,000		208,000		—		208,000		—
	$	460,000	$	468,000	$	—	$	468,000	$	—



	Carrying Value		Estimated Fair Value
	December 31,		December 31,		Fair Value Measurements Using
Financial assets:	2015		2015		Level 1		Level 2		Level 3
Cash and cash equivalents	$	86,954	$	86,954	$	86,954	$	—	$	—
Pawn loans	117,601		117,601		—		—		117,601
Consumer loans, net	1,118		1,118		—		—		1,118
Fees and service charges receivable	16,406		16,406		—		—		16,406
	$	222,079	$	222,079	$	86,954	$	—	$	135,125

Financial liabilities:
Revolving unsecured credit facilities	$	58,000	$	58,000	$	—	$	58,000	$	—
Senior unsecured notes, outstanding principal	200,000		199,000		—		199,000		—
	$	258,000	$	257,000	$	—	$	257,000	$	—

Customer Loans and Valuation Accounts (Tables)

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Schedule of Consumer Loans

Customer loans, including pawn receivables and net of unearned finance fees, consist of the following:



	Pawn		Consumer Loan			Total
December 31, 2016
Total customer loans	$	350,506	$	31,455		$	381,961
Less allowance for doubtful accounts	—		(2,251		)	(2,251		)
	$	350,506	$	29,204		$	379,710

December 31, 2015
Total customer loans	$	117,601	$	1,184		$	118,785
Less allowance for doubtful accounts	—		(66		)	(66		)
	$	117,601	$	1,118		$	118,719

Allowance for Credit Losses

Changes in the allowance for consumer loan credit losses are as follows:



	Year Ended December 31,
	2016			2015			2014
Balance at beginning of year	$	66		$	81		$	84
Provision for credit losses	6,049			808			1,207
Charge-offs, net of recoveries from customers	(3,864		)	(823		)	(1,210		)
Balance at end of year	$	2,251		$	66		$	81



	Year Ended December 31,
	2016			2015			2014
Balance at beginning of year	$	498		$	493		$	580
Provision for credit losses	5,944			6,351			8,080
Amounts paid to Independent Lenders under guarantees, net of recoveries from customers	(5,860		)	(6,346		)	(8,167		)
Balance at end of year	$	582		$	498		$	493

Accounts Payable and Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

Payables and Accruals [Abstract]

Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consist of the following:



	Year Ended December 31,
	2016		2015
Accrued compensation	$	25,285	$	7,438
Sales, property, and payroll withholding taxes payable	13,546		6,473
Cash America nonqualified savings plan (see Note 16)	12,663		—
Trade accounts payable	11,664		1,823
Merger related severance and retention payable	4,848		—
Deferred CSO fees	7,776		—
Benefits liabilities and withholding payable	4,501		1,079
Accrued interest payable	3,506		3,476
Liability for expected losses on outstanding CSO guarantees	582		498
Other accrued liabilities	24,983		7,039
	$	109,354	$	27,826

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Components of the provision for income taxes and the income to which it relates for the years ended December 31, 2016, 2015 and 2014 consist of the following:



	Year Ended December 31,
	2016			2015			2014
Income from continuing operations before income taxes ⁽¹⁾:
Domestic	$	30,804		$	27,599		$	50,984
Foreign	62,643			60,082			65,996
Income from continuing operations before income taxes	$	93,447		$	87,681		$	116,980

Current income taxes:
Federal	$	1,419		$	7,933		$	11,494
Foreign	18,787			18,763			17,823
State and local	1,139			705			1,097
Current provision for income taxes	21,345			27,401			30,414

Deferred provision (benefit) for income taxes:
Federal	11,826			931			2,232
Foreign	(528		)	(1,414		)	(1,232		)
State and local	677			53			128
Total deferred provision (benefit) for income taxes	11,975			(430		)	1,128

Provision for income taxes	$	33,320		$	26,971		$	31,542


⁽¹⁾	Includes the allocation of certain administrative expenses and the payment of royalties between domestic and foreign subsidiaries.

Schedule of Deferred Tax Assets and Liabilities

The principal deferred tax assets and liabilities consist of the following at December 31, 2016 and 2015:



	December 31,
	2016			2015
Deferred tax assets:
Property and equipment in foreign jurisdictions	$	5,604		$	5,652
Accrued fees on forfeited pawn loans	8,221			3,784
Deferred cost of goods sold deduction	1,674			2,101
Cash America nonqualified savings plan (see Note 16)	4,685			—
Accrued compensation and employee benefits	3,626			859
Accrued Merger severance and retention	2,718			—
Other	8,024			2,382
Total deferred tax assets	34,552			14,778

Deferred tax liabilities:
Intangible assets	75,998			22,761
Property and equipment in domestic jurisdictions	7,716			3,093
Other	2,406			1,067
Total deferred tax liabilities	86,120			26,921

Net deferred tax liabilities	$	(51,568	)	$	(12,143	)

Reported as:
Deferred tax assets	$	9,707		$	9,321
Deferred tax liabilities	(61,275		)	(21,464		)
Net deferred tax liabilities	$	(51,568	)	$	(12,143	)

Schedule of Effective Income Tax Rate Reconciliation

The effective rate on income from continuing operations differs from the U.S. federal statutory rate of 35%. The following is a reconciliation of such differences:



	Year Ended December 31,
	2016			2015			2014
Tax at the U.S. federal statutory rate	$	32,706		$	30,688		$	40,943
State income taxes, net of federal tax benefit of $636, $265 and $429, respectively	1,181			493			796
Rate benefit from foreign earnings	(3,642		)	(3,531		)	(4,576		)
Other net non-recurring foreign benefit	—			—			(5,841		)
Nondeductible transaction related costs	2,659			—			—
Other taxes and adjustments, net	416			(679		)	220
Provision for income taxes	$	33,320		$	26,971		$	31,542
Effective tax rate	35.7		%	30.8		%	27.0		%

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases

Remaining future minimum rentals due under non-cancelable operating leases are as follows:



Fiscal
2017	$	102,541
2018	86,036
2019	68,953
2020	49,112
2021	31,591
Thereafter	41,168
	$	379,401

Leasing

Lease Future Amortization Expense

Estimated future net amortization of the Lease Intangibles is as follows:



Fiscal
2017	$	(1,061	)
2018	(159		)
2019	872
2020	1,895
2021	2,392
Thereafter	22,892
	$	26,831

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill Rollforward

Changes in the carrying value of goodwill by segment were as follows:



December 31, 2016	U.S. operations segment			Latin America operations segment			Total
Balance, beginning of year	$	222,901		$	72,708		$	295,609
Merger and other acquisitions (see Note 3)	523,303			20,413			543,716
Effect of foreign currency translation	—			(8,276		)	(8,276		)
Other adjustments	—			102			102
Balance, end of year	$	746,204		$	84,947		$	831,151

December 31, 2015
Balance, beginning of year	$	203,160		$	73,722		$	276,882
Merger and other acquisitions	27,654			3,039			30,693
Goodwill impairment - U.S. consumer loan operations	(7,913		)	—			(7,913		)
Effect of foreign currency translation	—			(4,976		)	(4,976		)
Other adjustments	—			923			923
Balance, end of year	$	222,901		$	72,708		$	295,609

Definite Lived Intangible Assets Amortization

The following table summarizes the components of gross and net definite-lived intangibles assets subject to amortization as of December 31, 2016 and 2015:



	As of December 31,
	2016							2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	24,452	$	(8,861	)	$	15,591	$	9,665	$	(5,237	)	$	4,428
Executive non-compete agreements	8,700		(1,450		)	7,250		—		—			—
	$	33,152	$	(10,311	)	$	22,841	$	9,665	$	(5,237	)	$	4,428

Goodwill Future Amortization Expense

Indefinite-lived intangible assets as of December 31, 2016 and 2015, consist of the following:



	As of December 31,
	2016		2015
Trade names	$	46,300	$	—
Pawn licenses ⁽¹⁾	34,083		1,753
Franchise agreements related to check-cashing operation	1,250		—
	$	81,633	$	1,753


⁽¹⁾	Costs to renew licenses with indefinite lives are expensed as incurred and recorded in store operating expenses in the consolidated statements of income.

Goodwill [Member]

Estimated future amortization expense is as follows:



Fiscal
2017	$	10,687
2018	6,522
2019	2,583
2020	2,049
2021	1,000
	$	22,841

Equity Compensation Plans and Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Shares Authorized under Stock Option and Warrant Plans, by Exercise Price

Stock options outstanding as of December 31, 2016 are as follows (in thousands, except exercise price and life):



					Weighted-Average	Currently
Exercise Price			Options		Remaining Life	Exercisable
	$	24.57		13	0.3		13
	$	38.00		40	4.9		—
	$	40.00		50	4.0		10
				103	3.9		23

Schedule of Stock Options Activity

A summary of stock option activity for the years ended December 31, 2016, 2015 and 2014, is as follows (in thousands, except exercise price):



	2016			2015				2014
		Weighted-				Weighted-				Weighted-
		Average				Average				Average
	Underlying	Exercise		Underlying		Exercise		Underlying		Exercise
	Shares	Price		Shares		Price		Shares		Price
Outstanding at beginning of year	103	$	37.34	758		$	20.67	1,052		$	19.90
Exercised	—	—		(655	)	18.06		(294	)	17.93
Outstanding at end of year	103	$	37.34	103		$	37.34	758		$	20.67

Exercisable at end of year	23	$	31.43	13		$	24.57	663		$	18.14

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The Company’s net income includes the following compensation costs related to share-based compensation arrangements:



	Year Ended December 31,
	2016			2015			2014
Gross compensation costs:
Stock options	$	136		$	149		$	153
Nonvested “restricted” stock	4,038			280			1,826
Total gross compensation costs	4,174			429			1,979

Income tax benefits:
Stock options	(48		)	(52		)	(54		)
Nonvested “restricted” stock ⁽¹⁾	(782		)	(98		)	(639		)
Total income tax benefits	(830		)	(150		)	(693		)

Net compensation expense	$	3,344		$	279		$	1,286

Tax benefit realized from stock options exercised during the year	$	—		$	5,126		$	4,141

Schedule of Nonvested Stock Options Activity

The following table summarizes the nonvested common stock award activity during 2016, 2015 and 2014 (in thousands, except fair value amounts):



	2016				2015				2014
			Weighted-				Weighted-				Weighted-
			Average				Average				Average
	Underlying		Fair Value		Underlying		Fair Value		Underlying		Fair Value
	Shares		of Grant		Shares		of Grant		Shares		of Grant
Outstanding at beginning of year	79		$	48.10	87		$	48.99	117		$	39.91
Granted	51		42.60		45		47.08		47		51.08
Vested	(100	)	45.96		(5	)	43.26		(37	)	46.48
Canceled or forfeited	—		—		(48	)	49.26		(40	)	42.14
Outstanding at end of year	30		45.93		79		48.10		87		48.99

Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following tables present reportable segment information for the three years ended December 31, 2016, 2015 and 2014 as well as separately identified segment assets:



	Year Ended December 31, 2016
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	386,026	$	283,105	$	—		$	669,131
Pawn loan fees	195,883		116,874		—			312,757
Consumer loan and credit services fees	41,922		1,929		—			43,851
Wholesale scrap jewelry sales	47,680		14,958		—			62,638
Total revenue	671,511		416,866		—			1,088,377

Cost of revenue:
Cost of retail merchandise sold	241,086		177,470		—			418,556
Consumer loan and credit services loss provision	11,494		499		—			11,993
Cost of wholesale scrap jewelry sold	41,357		11,668		—			53,025
Total cost of revenue	293,937		189,637		—			483,574

Net revenue	377,574		227,229		—			604,803

Expenses and other income:
Store operating expenses	215,227		112,787		—			328,014
Administrative expenses	—		—		96,537			96,537
Depreciation and amortization	13,618		10,429		7,818			31,865
Interest expense	—		—		20,320			20,320
Interest income	—		—		(751		)	(751		)
Merger and other acquisition expenses	—		—		36,670			36,670
Net gain on sale of common stock of Enova	—		—		(1,299		)	(1,299		)
Total expenses and other income	228,845		123,216		159,295			511,356

Income before income taxes	$	148,729	$	104,013	$	(159,295	)	$	93,447



	December 31, 2016
	U.S. Operations		Latin America Operations		Corporate		Consolidated
Pawn loans	$	293,392	$	57,114	$	—	$	350,506
Consumer loans, net	$	28,847	$	357	$	—	$	29,204
Inventories	$	282,860	$	47,823	$	—	$	330,683
Total assets	$	1,637,995	$	247,915	$	259,293	$	2,145,203



	Year Ended December 31, 2015
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	197,011	$	252,285	$	—		$	449,296
Pawn loan fees	94,761		100,687		—			195,448
Consumer loan and credit services fees	25,696		2,107		—			27,803
Wholesale scrap jewelry sales	19,380		12,675		—			32,055
Total revenue	336,848		367,754		—			704,602

Cost of revenue:
Cost of retail merchandise sold	117,059		161,572		—			278,631
Consumer loan and credit services loss provision	6,770		389		—			7,159
Cost of wholesale scrap jewelry sold	17,530		10,098		—			27,628
Total cost of revenue	141,359		172,059		—			313,418

Net revenue	195,489		195,695		—			391,184

Expenses and other income:
Store operating expenses	107,852		99,720		—			207,572
Administrative expenses	—		—		51,883			51,883
Depreciation and amortization	6,146		8,803		2,990			17,939
Interest expense	—		—		16,887			16,887
Interest income	—		—		(1,566		)	(1,566		)
Merger and other acquisition expenses	—		—		2,875			2,875
Goodwill impairment - U.S. consumer loan operations	—		—		7,913			7,913
Total expenses and other income	113,998		108,523		80,982			303,503

Income before income taxes	$	81,491	$	87,172	$	(80,982	)	$	87,681



	December 31, 2015
	U.S. Operations		Latin America Operations		Corporate		Consolidated
Pawn loans	$	68,153	$	49,448	$	—	$	117,601
Consumer loans, net	$	688	$	430	$	—	$	1,118
Inventories	$	56,040	$	37,418	$	—	$	93,458
Total assets	$	423,178	$	218,530	$	111,187	$	752,895



	Year Ended December 31, 2014
	U.S. Operations		Latin America Operations		Corporate			Consolidated
Revenue:
Retail merchandise sales	$	172,354	$	255,828	$	—		$	428,182
Pawn loan fees	89,952		109,405		—			199,357
Consumer loan and credit services fees	34,051		2,698		—			36,749
Wholesale scrap jewelry sales	28,243		20,346		—			48,589
Total revenue	324,600		388,277		—			712,877

Cost of revenue:
Cost of retail merchandise sold	98,916		162,757		—			261,673
Consumer loan and credit services loss provision	8,723		564		—			9,287
Cost of wholesale scrap jewelry sold	24,179		16,865		—			41,044
Total cost of revenue	131,818		180,186		—			312,004

Net revenue	192,782		208,091		—			400,873

Expenses and other income:
Store operating expenses	97,865		101,121		—			198,986
Administrative expenses	—		—		53,588			53,588
Depreciation and amortization	5,402		9,174		2,900			17,476
Interest expense	—		—		13,527			13,527
Interest income	—		—		(682		)	(682		)
Merger and other acquisition expenses	—		—		998			998
Total expenses and other income	103,267		110,295		70,331			283,893

Income from continuing operations before income taxes	$	89,515	$	97,796	$	(70,331	)	$	116,980



	December 31, 2014
	U.S. Operations		Latin America Operations		Corporate		Consolidated
Pawn loans	$	68,100	$	50,436	$	—	$	118,536
Consumer loans, net	$	790	$	451	$	—	$	1,241
Inventories	$	49,969	$	41,119	$	—	$	91,088
Total assets	$	396,642	$	226,656	$	88,582	$	711,880

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following table shows revenue and long-lived assets (all non-current assets except goodwill, intangibles, net and deferred tax assets) by geographic area:



	Year Ended December 31,
	2016		2015		2014
Revenue:
United States	$	671,511	$	336,848	$	324,600
Mexico	397,549		367,754		388,277
Other Latin America	19,317		—		—
	$	1,088,377	$	704,602	$	712,877

Long-lived assets:
United States	$	257,939	$	65,742	$	64,713
Mexico	47,243		49,259		52,998
Other Latin America	$	2,554	1,349		—
	$	307,736	$	116,350	$	117,711

Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Data [Abstract]

Schedule of Quarterly Financial Information



	Quarter Ended
	March 31		June 30		September 30			December 31
2016
Total revenue	$	183,203	$	181,979	$	261,153		$	462,042
Total cost of revenue	81,340		80,518		113,789			207,927
Net revenue	101,863		101,461		147,364			254,115
Total expenses and other income	82,202		84,215		146,941			197,998
Net income (loss)	13,174		11,673		(1,412		)	36,692
Diluted net income (loss) per share	0.47		0.41		(0.04		)	0.76
Diluted weighted average shares	28,241		28,243		34,631			48,532

2015
Total revenue	$	176,023	$	167,623	$	169,532		$	191,424
Total cost of revenue	77,252		73,577		74,090			88,499
Net revenue	98,771		94,046		95,442			102,925
Total expenses and other income	74,382		74,615		79,208			75,298
Net income	16,788		13,339		11,173			19,410
Diluted net income per share	0.59		0.47		0.40			0.69
Diluted weighted average shares	28,620		28,411		28,224			28,097

Condensed Consolidating Guarantor Financial Statements (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Consolidating Guarantor Financial Statements [Abstract]

Condensed Consolidating Guarantor Financial Statements



Condensed Consolidating Balance Sheet
December 31, 2016

	Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Eliminations			Consolidated
ASSETS
Cash and cash equivalents	$	8,663	$	34,854	$	46,438	$	—		$	89,955
Fees and service charges receivable	—		31,378		9,635		—			41,013
Pawn loans	—		286,020		64,486		—			350,506
Consumer loans, net	—		28,797		407		—			29,204
Inventories	—		274,873		55,810		—			330,683
Income taxes receivable	2,415		23,095		—		—			25,510
Prepaid expenses and other current assets	2,750		21,177		1,337		—			25,264
Intercompany receivable	1,025		—		—		(1,025		)	—
Total current assets	14,853		700,194		178,113		(1,025		)	892,135

Property and equipment, net	3,736		180,438		51,883		—			236,057
Goodwill	—		719,527		111,624		—			831,151
Intangible assets, net	—		103,109		1,365		—			104,474
Other assets	3,254		66,261		2,164		—			71,679
Deferred tax assets	—		—		9,707		—			9,707
Investments in subsidiaries	1,906,444		—		—		(1,906,444		)	—
Total assets	$	1,928,287	$	1,769,529	$	354,856	$	(1,907,469	)	$	2,145,203

LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued liabilities	$	21,756	$	72,979	$	14,619	$	—		$	109,354
Customer deposits	—		24,626		8,910		—			33,536
Income taxes payable	—		—		738		—			738
Intercompany payable	—		—		1,025		(1,025		)	—
Total current liabilities	21,756		97,605		25,292		(1,025		)	143,628

Revolving unsecured credit facilities	260,000		—		—		—			260,000
Senior unsecured notes	196,545		—		—		—			196,545
Deferred tax liabilities	—		58,286		2,989		—			61,275
Other liabilities	—		33,769		—		—			33,769
Total liabilities	478,301		189,660		28,281		(1,025		)	695,217

Total stockholders’ equity	1,449,986		1,579,869		326,575		(1,906,444		)	1,449,986
Total liabilities and stockholders’ equity	$	1,928,287	$	1,769,529	$	354,856	$	(1,907,469	)	$	2,145,203



Condensed Consolidating Balance Sheet
December 31, 2015

	Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Eliminations			Consolidated
ASSETS
Cash and cash equivalents	$	5,460	$	3,765	$	77,729	$	—		$	86,954
Fees and service charges receivable	—		7,596		8,810		—			16,406
Pawn loans	—		61,204		56,397		—			117,601
Consumer loans, net	—		624		494		—			1,118
Inventories	—		46,349		47,109		—			93,458
Income taxes receivable	3,567		—		—		—			3,567
Prepaid expenses and other current assets	2,910		—		3,420		—			6,330
Intercompany receivable	7,382		—		—		(7,382		)	—
Total current assets	19,319		119,538		193,959		(7,382		)	325,434

Property and equipment, net	3,568		55,585		53,294		—			112,447
Goodwill	—		196,224		99,385		—			295,609
Intangible assets, net	—		4,418		1,763		—			6,181
Other assets	1,290		475		2,138		—			3,903
Deferred tax assets	—		—		9,321		—			9,321
Investments in subsidiaries	675,574		—		—		(675,574		)	—
Total assets	$	699,751	$	376,240	$	359,860	$	(682,956	)	$	752,895

LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued liabilities	$	14,308	$	1,724	$	11,794	$	—		$	27,826
Customer deposits	—		6,205		8,221		—			14,426
Income taxes payable	—		—		3,923		—			3,923
Intercompany payable	—		—		7,382		(7,382		)	—
Total current liabilities	14,308		7,929		31,320		(7,382		)	46,175

Revolving unsecured credit facilities	58,000		—		—		—			58,000
Senior unsecured notes	195,874		—		—		—			195,874
Deferred tax liabilities	187		18,880		2,397		—			21,464
Total liabilities	268,369		26,809		33,717		(7,382		)	321,513

Total stockholders’ equity	431,382		349,431		326,143		(675,574		)	431,382
Total liabilities and stockholders’ equity	$	699,751	$	376,240	$	359,860	$	(682,956	)	$	752,895



Condensed Consolidating Statement of Comprehensive Income (Loss)
Year Ended December 31, 2016

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Revenue:
Retail merchandise sales	$	—		$	352,147		$	316,984		$	—		$	669,131
Pawn loan fees	—			184,907			127,850			—			312,757
Consumer loan and credit services fees	—			41,591			2,260			—			43,851
Wholesale scrap jewelry sales	—			45,002			17,636			—			62,638
Total revenue	—			623,647			464,730			—			1,088,377

Cost of revenue:
Cost of retail merchandise sold	—			218,488			200,068			—			418,556
Consumer loan and credit services loss provision	—			11,475			518			—			11,993
Cost of wholesale scrap jewelry sold	—			39,264			13,761			—			53,025
Total cost of revenue	—			269,227			214,347			—			483,574

Net revenue	—			354,420			250,383			—			604,803

Expenses and other income:
Store operating expenses	—			200,004			128,010			—			328,014
Administrative expenses ⁽¹⁾	26,838			28,167			41,532			—			96,537
Depreciation and amortization	950			18,855			12,060			—			31,865
Interest expense	20,201			49			70			—			20,320
Interest income	(6		)	(10		)	(735		)	—			(751		)
Merger and other acquisition expenses	21,268			15,402			—			—			36,670
Net gain on sale of common stock of Enova	—			(1,299		)	—			—			(1,299		)
Total expenses and other income	69,251			261,168			180,937			—			511,356

Income (loss) before income taxes	(69,251		)	93,252			69,446			—			93,447

Provision for income taxes	(22,036		)	34,503			20,853			—			33,320

Income (loss) before equity in net income of subsidiaries	(47,215		)	58,749			48,593			—			60,127

Equity in net income of subsidiaries	107,342			—			—			(107,342		)	—

Net income (loss)	$	60,127		$	58,749		$	48,593		$	(107,342	)	$	60,127
Other comprehensive income (loss):
Currency translation adjustment	(41,396		)	—			—			—			(41,396		)
Comprehensive income (loss)	$	18,731		$	58,749		$	48,593		$	(107,342	)	$	18,731


⁽¹⁾	Includes the allocation of certain administrative expenses and the payment of royalties between the Parent Company and certain foreign Non-Guarantor Subsidiaries.



Condensed Consolidating Statement of Comprehensive Income (Loss)
Year Ended December 31, 2015

	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Revenue:
Retail merchandise sales	$	—		$	163,648	$	285,648		$	—		$	449,296
Pawn loan fees	—			84,295		111,153			—			195,448
Consumer loan and credit services fees	—			25,294		2,509			—			27,803
Wholesale scrap jewelry sales	—			17,396		14,659			—			32,055
Total revenue	—			290,633		413,969			—			704,602

Cost of revenue:
Cost of retail merchandise sold	—			95,129		183,502			—			278,631
Consumer loan and credit services loss provision	—			6,748		411			—			7,159
Cost of wholesale scrap jewelry sold	—			15,861		11,767			—			27,628
Total cost of revenue	—			117,738		195,680			—			313,418

Net revenue	—			172,895		218,289			—			391,184

Expenses and other income:
Store operating expenses	—			92,277		115,295			—			207,572
Administrative expenses ⁽¹⁾	23,592			—		28,291			—			51,883
Depreciation and amortization	758			6,800		10,381			—			17,939
Interest expense	16,887			—		—			—			16,887
Interest income	(13		)	—		(1,553		)	—			(1,566		)
Merger and other acquisition expenses	2,875			—		—			—			2,875
Goodwill impairment - U.S. consumer loan operations	—			7,913		—			—			7,913
Total expenses and other income	44,099			106,990		152,414			—			303,503

Income (loss) before income taxes	(44,099		)	65,905		65,875			—			87,681

Provision for income taxes	(16,844		)	24,385		19,430			—			26,971

Income (loss) before equity in net income of subsidiaries	(27,255		)	41,520		46,445			—			60,710

Equity in net income of subsidiaries	87,965			—		—			(87,965		)	—

Net income (loss)	$	60,710		$	41,520	$	46,445		$	(87,965	)	$	60,710
Other comprehensive income (loss):
Currency translation adjustment	(38,132		)	—		—			—			(38,132		)
Comprehensive income (loss)	$	22,578		$	41,520	$	46,445		$	(87,965	)	$	22,578


⁽¹⁾	Includes the allocation of certain administrative expenses and the payment of royalties between the Parent Company and certain foreign Non-Guarantor Subsidiaries.



Condensed Consolidating Statement of Comprehensive Income (Loss)
Year Ended December 31, 2014

	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Revenue:
Retail merchandise sales	$	—		$	155,619	$	272,563		$	—		$	428,182
Pawn loan fees	—			83,321		116,036			—			199,357
Consumer loan and credit services fees	—			33,568		3,181			—			36,749
Wholesale scrap jewelry sales	—			26,365		22,224			—			48,589
Total revenue	—			298,873		414,004			—			712,877

Cost of revenue:
Cost of retail merchandise sold	—			88,590		173,083			—			261,673
Consumer loan and credit services loss provision	—			8,678		609			—			9,287
Cost of wholesale scrap jewelry sold	—			22,675		18,369			—			41,044
Total cost of revenue	—			119,943		192,061			—			312,004

Net revenue	—			178,930		221,943			—			400,873

Expenses and other income:
Store operating expenses	—			89,068		109,918			—			198,986
Administrative expenses ⁽¹⁾	23,097			—		30,491			—			53,588
Depreciation and amortization	997			6,104		10,375			—			17,476
Interest expense	13,527			—		—			—			13,527
Interest income	(24		)	—		(658		)	—			(682		)
Merger and other acquisition expenses	998			—		—			—			998
Total expenses and other income	38,595			95,172		150,126			—			283,893

Income (loss) from continuing operations before income taxes	(38,595		)	83,758		71,817			—			116,980

Provision for income taxes	(17,651		)	30,983		18,210			—			31,542

Income (loss) from continuing operations before equity in net income of subsidiaries	(20,944		)	52,775		53,607			—			85,438

Loss from discontinued operations, net of tax	—			—		(272		)	—			(272		)
Equity in net income of subsidiaries	106,110			—		—			(106,110		)	—

Net income (loss)	$	85,166		$	52,775	$	53,335		$	(106,110	)	$	85,166
Other comprehensive income (loss):
Currency translation adjustment	(28,517		)	—		—			—			(28,517		)
Comprehensive income (loss)	$	56,649		$	52,775	$	53,335		$	(106,110	)	$	56,649


⁽¹⁾	Includes the allocation of certain administrative expenses and the payment of royalties between the Parent Company and certain foreign Non-Guarantor Subsidiaries.



Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2016

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Cash flow from operating activities:
Net cash flow provided by (used in) operating activities	$	153,924		$	82,030		$	48,620		$	(187,720	)	$	96,854
Cash flow from investing activities:
Loan receivables, net of cash repayments	—			1,909			(17,981		)	—			(16,072		)
Purchases of property and equipment	(1,118		)	(20,718		)	(12,027		)	—			(33,863		)
Portion of aggregate merger consideration paid in cash, net of cash acquired	—			(8,250		)	—			—			(8,250		)
Acquisitions of pawn stores, net of cash acquired	—			(2,433		)	(27,433		)	—			(29,866		)
Proceeds from sale of common stock of Enova	—			62,084			—			—			62,084
Investing activity with subsidiaries	(329,422		)	—			—			329,422			—
Net cash flow provided by (used in) investing activities	(330,540		)	32,592			(57,441		)	329,422			(25,967		)
Cash flow from financing activities:
Borrowings from revolving credit facilities	400,000			—			—			—			400,000
Repayments of revolving credit facilities	(198,000		)	—			—			—			(198,000		)
Repayments of debt assumed with merger and other acquisitions	—			(232,000		)	(6,532		)	—			(238,532		)
Debt issuance costs paid	(2,373		)	—			—			—			(2,373		)
Common stock dividends paid	(19,808		)	—			—			—			(19,808		)
Proceeds from intercompany financing related activity	—			329,138			284			(329,422		)	—
Intercompany dividends paid	—			(180,671		)	(7,049		)	187,720			—
Net cash flow provided by (used in) financing activities	179,819			(83,533		)	(13,297		)	(141,702		)	(58,713		)
Effect of exchange rates on cash	—			—			(9,173		)	—			(9,173		)
Change in cash and cash equivalents	3,203			31,089			(31,291		)	—			3,001
Cash and cash equivalents at beginning of the period	5,460			3,765			77,729			—			86,954
Cash and cash equivalents at end of the period	$	8,663		$	34,854		$	46,438		$	—		$	89,955



Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2015

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Cash flow from operating activities:
Net cash flow provided by (used in) operating activities	$	32,753		$	59,675		$	66,713		$	(66,392	)	$	92,749
Cash flow from investing activities:
Loan receivables, net of cash repayments	—			1,803			(5,519		)	—			(3,716		)
Purchases of property and equipment	(329		)	(6,919		)	(13,825		)	—			(21,073		)
Acquisitions of pawn stores, net of cash acquired	—			(29,617		)	(17,270		)	—			(46,887		)
Investing activity with subsidiaries	(43,890		)	—			—			43,890			—
Net cash flow provided by (used in) investing activities	(44,219		)	(34,733		)	(36,614		)	43,890			(71,676		)
Cash flow from financing activities:
Borrowings from revolving credit facilities	120,000			—			—			—			120,000
Repayments of revolving credit facilities	(84,400		)	—			—			—			(84,400		)
Debt issuance costs paid	(407		)	—			—			—			(407		)
Purchases of treasury stock	(39,974		)	—			—			—			(39,974		)
Proceeds from exercise of share-based compensation awards	9,895			—			—			—			9,895
Income tax benefit from exercise of stock options	5,126			—			—			—			5,126
Payment of minimum withholding taxes on net share settlement of stock options exercised	(1,113		)	—			—			—			(1,113		)
Proceeds from intercompany financing related activity	—			36,536			7,354			(43,890		)	—
Intercompany dividends paid	—			(60,859		)	(5,533		)	66,392			—
Net cash flow provided by (used in) financing activities	9,127			(24,323		)	1,821			22,502			9,127
Effect of exchange rates on cash	—			—			(11,238		)	—			(11,238		)
Change in cash and cash equivalents	(2,339		)	619			20,682			—			18,962
Cash and cash equivalents at beginning of the period	7,799			3,146			57,047			—			67,992
Cash and cash equivalents at end of the period	$	5,460		$	3,765		$	77,729		$	—		$	86,954



Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2014

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Eliminations			Consolidated
Cash flow from operating activities:
Net cash flow provided by (used in) operating activities	$	42,632		$	62,403		$	63,510		$	(70,866	)	$	97,679
Cash flow from investing activities:
Loan receivables, net of cash repayments	—			2,785			(5,255		)	—			(2,470		)
Purchases of property and equipment	(839		)	(8,097		)	(15,018		)	—			(23,954		)
Acquisitions of pawn stores, net of cash acquired	—			(16,417		)	(42,525		)	—			(58,942		)
Investing activity with subsidiaries	(49,570		)	—			—			49,570			—
Net cash flow provided by (used in) investing activities	(50,409		)	(21,729		)	(62,798		)	49,570			(85,366		)
Cash flow from financing activities:
Borrowings from revolving credit facilities	50,000			—			—			—			50,000
Repayments of revolving credit facilities	(209,600		)	—			—			—			(209,600		)
Repayments of notes payable	(8,352		)	—			—			—			(8,352		)
Issuance of senior unsecured notes	200,000			—			—			—			200,000
Debt issuance costs paid	(6,610		)	—			—			—			(6,610		)
Purchases of treasury stock	(43,947		)	—			—			—			(43,947		)
Proceeds from exercise of share-based compensation awards	5,270			—			—			—			5,270
Income tax benefit from exercise of stock options	4,141			—			—			—			4,141
Proceeds from intercompany financing related activity	—			24,514			25,056			(49,570		)	—
Intercompany dividends paid	—			(66,623		)	(4,243		)	70,866			—
Net cash flow provided by (used in) financing activities	(9,098		)	(42,109		)	20,813			21,296			(9,098		)
Effect of exchange rates on cash	—			—			(5,866		)	—			(5,866		)
Change in cash and cash equivalents	(16,875		)	(1,435		)	15,659			—			(2,651		)
Cash and cash equivalents at beginning of the period	24,674			4,581			41,388			—			70,643
Cash and cash equivalents at end of the period	$	7,799		$	3,146		$	57,047		$	—		$	67,992

Organization and Nature of the Company (Details)	Dec. 31, 2016 state pawn_store
United States
Organization and Nature of the Company [Line Items]
Number of states in which entity operates \| state	26
Latin America Operations
Organization and Nature of the Company [Line Items]
Number of states in which entity operates \| state	32
Pawn store
Organization and Nature of the Company [Line Items]
Number of stores \| pawn_store	2,012
Consumer Loan Store
Organization and Nature of the Company [Line Items]
Number of stores \| pawn_store	73

Summary of Significant Accounting Policies Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Cash associated with undistributed earnings of foreign subsidiaries	$ 45,809,000
Pawn loans, term	30 days
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt Issuance Costs, Net	$ 3,455,000	$ 4,126,000
Property, Plant and Equipment [Line Items]
Goodwill impairment - U.S. consumer loan operations	0	7,913,000	$ 0
Advertising expense	1,878,000	679,000	$ 1,328,000
Accounting Standards Update 2015-03 [Member] \| Other Noncurrent Assets [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt Issuance Costs, Net	$ (3,455,000)	$ (4,126,000)
Mexico, Pesos
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Foreign Currency Exchange Rate, Translation	1870.00%	1580.00%	1330.00%
United States of America, Dollars
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Foreign Currency Exchange Rate, Translation	100.00%	100.00%	100.00%
Guatemala, Quetzales
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Foreign Currency Exchange Rate, Translation	760.00%	770.00%
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Consumer loans term	7 days
Extensions of credit made by the Independent Lender to credit services customers terms	7 days
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Consumer loans term	365 days
Extensions of credit made by the Independent Lender to credit services customers terms	365 days
Buildings \| Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life (years)	30 years
Buildings \| Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life (years)	40 years
Equipment \| Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life (years)	3 years
Equipment \| Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life (years)	5 years

Summary of Significant Accounting Policies Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Income from continuing operations for calculating basic and diluted earnings per share									$ 60,127	$ 60,710	$ 85,438
Loss from discontinued operations									0	0	(272)
Net income	$ 36,692	$ (1,412)	$ 11,673	$ 13,174	$ 19,410	$ 11,173	$ 13,339	$ 16,788	$ 60,127	$ 60,710	$ 85,166
Weighted-average common shares for calculating basic earnings per share									34,997	28,138	28,671
Stock options and nonvested awards									7	188	399
Weighted-average common shares for calculating diluted earnings per share	48,532	34,631	28,243	28,241	28,097	28,224	28,411	28,620	35,004	28,326	29,070
Income from continuing operations (basic) (in dollars per share)									$ 1.72	$ 2.16	$ 2.98
Loss from discontinued operations (basic) (in dollars per share)									0.00	0.00	(0.01)
Net income per basic share (in dollars per share)									1.72	2.16	2.97
Income from continuing operations (diluted) (in dollars per share)									1.72	2.14	2.94
Loss from discontinued operations (diluted) (in dollars per share)									0.00	0.00	(0.01)
Net income per diluted share (in dollars per share)	$ 0.76	$ (0.04)	$ 0.41	$ 0.47	$ 0.69	$ 0.40	$ 0.47	$ 0.59	$ 1.72	$ 2.14	$ 2.93

Merger and Other Acquisitions Narrative (Details)		12 Months Ended
Merger and Other Acquisitions Narrative (Details)	Jan. 06, 2016 USD ($) store	Dec. 31, 2016 USD ($) store $ / shares shares	Dec. 31, 2015 USD ($) store state shares	Dec. 31, 2014 USD ($)	Sep. 01, 2016 USD ($) shares
Business Acquisition [Line Items]
Number of Shares \| shares		2,000
Common stock, issued \| shares		49,276,000	40,288,000
Net debt assumed		$ 6,630,000	$ 0	$ 0
Acquisitions of pawn stores, net of cash acquired		8,250,000	$ 0	$ 0
Revenue of acquiree since acquisition date		384,123,000
Earnings or loss of acquiree since acquisition date		21,165,000
Transaction costs		$ 36,670,000
Ownership percentage		100.00%
Enova International, Inc.
Business Acquisition [Line Items]
Average price of equity method investment disposed \| $ / shares		$ 10.40
Net gain on sale of Enova		$ 1,299,000
Net proceeds on sale of Enova		62,084,000
First Cash
Business Acquisition [Line Items]
Ownership percentage					58.00%
Cash America Merger
Business Acquisition [Line Items]
Ownership percentage					42.00%
Cash America Merger
Business Acquisition [Line Items]
Number of Shares \| shares					0.84
Common stock, issued \| shares					20,181,000
Goodwill expected to be tax deductible					$ 223,000,000
Latin America Operations
Business Acquisition [Line Items]
Number of stores acquired \| store			32
Purchase price	$ 30,123,000	29,894,000	$ 10,445,000
Post closing adjustments to consideration transferred	229,000
Cash paid		27,357,000
Liabilities incurred		2,537,000
Net debt assumed	$ 6,630,000	$ 6,630,000
Latin America Operations \| Mexico Acquisition
Business Acquisition [Line Items]
Number of stores acquired \| store	166
Latin America Operations \| El Salvador Acquisition
Business Acquisition [Line Items]
Number of stores acquired \| store	13
U.S. Acquisitions
Business Acquisition [Line Items]
Number of stores acquired \| store		3	33
Purchase price			$ 35,592,000
Cash paid		$ 575,000	$ 35,017,000
Liabilities incurred		17,000
Net debt assumed		0
Acquisitions of pawn stores, net of cash acquired		$ 1,951,000
Number of states in which entity operates \| state			6
Number of acquisitions			7
Accounts payable to sellers			$ 575,000
Other U.S. Acquisitions
Business Acquisition [Line Items]
Cash paid			$ 1,425,000

Merger and Other Acquisitions Schedule of Business Acquisitions (Details) - USD ($) $ / shares in Units, $ in Thousands	Sep. 01, 2016	Dec. 31, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Cash America shares outstanding at September 1, 2016 (in thousands)		48,507,000	28,236,000
Exchange ratio		2,000
Common stock, issued		49,276,000	40,288,000
Fair value of Company common stock issued to Cash America shareholders		$ 493	$ 403
Cash America Merger
Business Acquisition [Line Items]
Cash America shares outstanding at September 1, 2016 (in thousands)	24,025,000
Exchange ratio	0.84
Common stock, issued	20,181,000
Company common stock per share price at September 1, 2016	$ 50.32
Fair value of Company common stock issued to Cash America shareholders	$ 1,015,507
Cash in lieu of fractional shares paid by the Company	10
Cash America outstanding stock awards settled in cash	50,760
Aggregate merger consideration	$ 1,066,277

Acquisitions Purchase Price Allocation Table (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Sep. 01, 2016

Jan. 06, 2016

Dec. 31, 2015

Dec. 31, 2014

Revolving unsecured credit facility

$ 831,151

$ 295,609

$ 276,882

(232,000)

$ (6,630)

$ 0

Customer Relationships

Intangible assets amortization period

5 years

Cash America Merger

Cash and cash equivalents

$ 42,520

234,761

26,893

Consumer loans

27,549

224,644

Income taxes receivable

23,095

Investment in common stock of Enova International, Inc.

28,324

^[1]

60,785

118,381

Revolving unsecured credit facility

^[2]

522,064

Intangible assets

^[3]

103,250

Other assets

62,994

Current liabilities

(95,268)

Customer deposits

(21,536)

^[4]

(232,000)

Deferred tax liabilities

(28,002)

Other liabilities

(32,177)

$ 1,066,277

U.S. Acquisitions

$ 385

359

^[5]

1,239

^[6]

(96)

Latin America Acquisition

1,951

10,586

885

3,014

1,795

6,821

^[5]

20,413

Intangible assets

^[6]

405

Other assets

512

Deferred tax assets

2,392

Current liabilities

(10,299)

(6,630)

$ (6,630)

29,894

Business Acquisition

10,971

903

3,373

1,795

6,831

^[5]

21,652

Intangible assets

^[6]

441

Other assets

512

Deferred tax assets

2,392

Current liabilities

(10,395)

(6,630)

Total merger related expenses

$ 31,845

[1]	Represents Cash America’s investment in the common stock of Enova International, Inc. (“Enova”), a publicly traded company focused on providing online consumer lending products. Prior to December 31, 2016, all of the Enova shares acquired were sold in open market transactions at an average price of $10.40 per share, which resulted in a net gain on sale of $1,299 and generated net proceeds of $62,084.
[2]	The goodwill is attributable to the excess of the aggregate merger consideration over the fair value of the net tangible and intangible assets acquired and liabilities assumed and is considered to represent the synergies and economies of scale expected from combining the operations of the Company and Cash America. This goodwill has been assigned to the U.S. operations reporting unit. Approximately $223,000 of the goodwill arising from the Merger is expected to be deductible for U.S. income tax purposes.
[3]	Intangible assets acquired and the respective useful lives assigned consist of the following: Amount Useful life (in years)Trade names $46,300 IndefinitePawn licenses 32,300 IndefiniteCustomer relationships 14,700 FiveExecutive non-compete agreements 8,700 TwoFranchise agreements related to check cashing operation 1,250 Indefinite $103,250 The customer relationships are being amortized using an accelerated amortization method that reflects the future cash flows expected from the returning pawn customers of Cash America. The non-compete agreements are being amortized over a straight-line basis over the life of the non-compete agreements. As the trade names, pawn licenses and franchise agreements have indefinite lives, they are not amortized.
[4]	Represents outstanding borrowings under Cash America’s revolving unsecured credit facility that became due upon completion of the Merger. The Cash America revolving unsecured credit facility was repaid by the Company using proceeds from the 2016 Credit Facility (as described in Note 11) and was terminated upon completion of the Merger.
[5]	Substantially all of the goodwill for the U.S. Acquisitions is expected to be deductible for U.S. income tax purposes. However, the goodwill for the Latin America Acquisition is not expected to be deductible for Mexico and El Salvador income tax purposes.
[6]	Intangible assets primarily consist of customer relationships, which are generally amortized over five years.

Merger and Other Acquisitions Schedule of intangible Assets Acquired (Details) - USD ($) $ in Thousands		12 Months Ended
	Sep. 01, 2016	Dec. 31, 2016	Dec. 31, 2015
Acquired Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets		$ 81,633	$ 1,753
Definite-lived Intangible Assets Acquired		103,250
Paw licenses
Acquired Finite-Lived Intangible Assets [Line Items]
Definite-lived Intangible Assets Acquired		32,300
Customer Relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Definite-lived Intangible Assets Acquired		14,700
Useful life	5 years
Executive non-compete agreements
Acquired Finite-Lived Intangible Assets [Line Items]
Definite-lived Intangible Assets Acquired		$ 8,700
Useful life	2 years

Acquisitions Pro Forma Table (Details) - USD ($)	12 Months Ended
Acquisitions Pro Forma Table (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Transaction		$ 68,817,000
As Reported
Business Acquisition [Line Items]
Total revenue	$ 1,088,377,000	704,602,000
Net income	$ 60,127,000	$ 60,710,000
Net income per basic share	$ 1.72	$ 2.16
Net income per diluted share	$ 1.72	$ 2.14
Pro Forma
Business Acquisition [Line Items]
Total revenue	$ 1,771,835,000	$ 1,792,523,000
Net income	$ 118,333,000	$ 61,479,000
Net income per basic share	$ 2.44	$ 1.27
Net income per diluted share	$ 2.44	$ 1.27

Merger and Other Acquisition Expenses Merger and Other Acquisition Expenses (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Merger related expenses

Transaction

^[1]

$ 18,252

$ 0

Severance and retention

^[2]

15,229

Other

^[3]

2,739

36,220

Other Acquisition Costs [Abstract]

Transaction and integration

450

2,875

998

Total other acquisition expenses

450

2,875

998

Total merger and other acquisition expenses

36,670

$ 2,875

$ 998

3,943

Employee Severance

Other Acquisition Costs [Abstract]

Payments for Restructuring

10,381

Restructuring Reserve

$ 4,848

[1]	For the year ended December 31, 2016, the Company recognized an income tax benefit of $3,943 related to the merger transaction expenses; a significant portion of these expenses were not deductible for income tax purposes.
[2]	For the year ended December 31, 2016, the Company made severance and retention payments of $10,381 and as of December 31, 2016 had $4,848 accrued for future payments. Accrued severance and retention is included in accounts payable and accrued expenses in the accompanying consolidated balance sheets.
[3]	Represents accelerated share-based compensation expense related to restricted stock awards for certain First Cash employees which vested as a result of the Merger.

Capital Stock Narrative (Details) - USD ($)	12 Months Ended
Capital Stock Narrative (Details) - USD ($)	Dec. 31, 2016	Sep. 01, 2016	Dec. 31, 2015	Jan. 31, 2015
Equity, Class of Treasury Stock [Line Items]
Common stock, issued	49,276,000		40,288,000
2015 Share Repurchase Program
Equity, Class of Treasury Stock [Line Items]
Number of shares authorized to be repurchased				2,000,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	1,148,000
2016 Share Repurchase Program
Equity, Class of Treasury Stock [Line Items]
Stock repurchased during period (shares)	228,000
Stock repurchased during period (amount)	$ 10,005,000
Stock Repurchase program, Average Cost Per Share	$ 43.94
Cash America
Equity, Class of Treasury Stock [Line Items]
Common stock, issued		20,181,000

Discontinued Operations Narrative (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2014 USD ($) consumer_loan_store $ / shares	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership percentage		100.00%
Cash & Go JV [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership percentage	50.00%
Number of consumer loan stores closed \| consumer_loan_store	37
After tax (loss) from discontinued operations \| $	$ 272
After tax (loss) from discontinued operations, per share \| $ / shares	$ 0.01

Fair Value of Financial Instruments Fair Value, Assets Measured on Recurring Basis (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Savings plan maximum contribution percentage of annual bonus	100.00%
Savings plan maximum contribution percentage of other compensation	50.00%
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash America nonqualified saving plan-related assets	$ 12,663
Total assets	12,663
Fair Value, Measurements, Recurring \| Fair Value Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash America nonqualified saving plan-related assets	12,663
Total assets	12,663
Fair Value, Measurements, Recurring \| Fair Value Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash America nonqualified saving plan-related assets	0
Total assets	0
Fair Value, Measurements, Recurring \| Fair Value Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash America nonqualified saving plan-related assets	0
Total assets	$ 0

Fair Value of Financial Instruments Fair Value, by Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 89,955	$ 86,954
Pawn loan fees and service charges receivable	41,013	16,406
Total assets	510,678	222,079
Total liabilities	460,000	258,000
Carrying Value \| Revolving unsecured credit facilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	260,000	58,000
Carrying Value \| Senior unsecured notes, outstanding principal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	200,000	200,000
Carrying Value \| Pawn Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	350,506	117,601
Carrying Value \| Consumer loans, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	29,204	1,118
Estimate Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	89,955	86,954
Pawn loan fees and service charges receivable	41,013	16,406
Total assets	510,678	222,079
Total liabilities	468,000	257,000
Estimate Value \| Revolving unsecured credit facilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	260,000	58,000
Estimate Value \| Senior unsecured notes, outstanding principal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	208,000	199,000
Estimate Value \| Pawn Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	350,506	117,601
Estimate Value \| Consumer loans, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	29,204	1,118
Estimate Value \| Fair Value Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	89,955	86,954
Pawn loan fees and service charges receivable	0	0
Total assets	89,955	86,954
Total liabilities	0	0
Estimate Value \| Fair Value Level 1 \| Revolving unsecured credit facilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	0	0
Estimate Value \| Fair Value Level 1 \| Senior unsecured notes, outstanding principal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	0	0
Estimate Value \| Fair Value Level 1 \| Pawn Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	0	0
Estimate Value \| Fair Value Level 1 \| Consumer loans, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	0	0
Estimate Value \| Fair Value Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Pawn loan fees and service charges receivable	0	0
Total assets	0	0
Total liabilities	468,000	257,000
Estimate Value \| Fair Value Level 2 \| Revolving unsecured credit facilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	260,000	58,000
Estimate Value \| Fair Value Level 2 \| Senior unsecured notes, outstanding principal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	208,000	199,000
Estimate Value \| Fair Value Level 2 \| Pawn Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	0	0
Estimate Value \| Fair Value Level 2 \| Consumer loans, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	0	0
Estimate Value \| Fair Value Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Pawn loan fees and service charges receivable	41,013	16,406
Total assets	420,723	135,125
Total liabilities	0	0
Estimate Value \| Fair Value Level 3 \| Revolving unsecured credit facilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	0	0
Estimate Value \| Fair Value Level 3 \| Senior unsecured notes, outstanding principal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	0	0
Estimate Value \| Fair Value Level 3 \| Pawn Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	350,506	117,601
Estimate Value \| Fair Value Level 3 \| Consumer loans, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable	$ 29,204	$ 1,118

Customer Loans and Valuation Accounts (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Total customer loans	$ 381,961	$ 118,785
Less allowance for doubtful accounts	(2,251)	(66)
Consumer Loan, net	379,710	118,719
Pawn Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Total customer loans	350,506	117,601
Less allowance for doubtful accounts	0	0
Consumer Loan, net	350,506	117,601
Consumer Loan
Financing Receivable, Allowance for Credit Losses [Line Items]
Total customer loans	31,455	1,184
Less allowance for doubtful accounts	(2,251)	(66)
Consumer Loan, net	$ 29,204	$ 1,118

Customer Loans and Valuation Accounts Allowance for Credit Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	$ 66
Balance at end of year	2,251	$ 66
Consumer Loan
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	66	81	$ 84
Provision for credit losses	6,049	808	1,207
Charge-offs, net of recoveries from customers	(3,864)	(823)	(1,210)
Balance at end of year	2,251	66	81
CSO loan
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	498	493	580
Provision for credit losses	5,944	6,351	8,080
Charge-offs, net of recoveries from customers	(5,860)	(6,346)	(8,167)
Balance at end of year	$ 582	$ 498	$ 493

Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 369,892	$ 220,267
Less: accumulated depreciation	(133,835)	(107,820)
Property and equipment, net	236,057	112,447
Depreciation, Nonproduction	26,624	16,140	$ 15,947
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	30,364	14,309
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	55,137	19,261
Furniture, fixtures, equipment and leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 284,391	$ 186,697

Accounts Payable and Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Accrued compensation	$ 25,285	$ 7,438
Sales, property, and payroll withholding taxes payable	13,546	6,473
Nonqualified savings plan	12,663	0
Trade accounts payable	11,664	1,823
Merger related severance and retention payable	4,848	0
Deferred CSO fees	7,776	0
Benefits liabilities and withholding payable	4,501	1,079
Accrued interest payable	3,506	3,476
Liability for expected losses on outstanding CSO guarantees	582	498
Other accrued liabilities	24,983	7,039
Accounts payable and accrued liabilities	$ 109,354	$ 27,826

Long-Term Debt (Details) - USD ($)				12 Months Ended
Long-Term Debt (Details) - USD ($)	Oct. 30, 2015	Mar. 09, 2015	Mar. 24, 2014	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Debt Issuance Costs, Net				$ 3,455,000	$ 4,126,000
Amount outstanding				260,000,000
Letters of Credit Outstanding, Amount				$ 13,172,000	8,192,000
2016 Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity					400,000,000
Senior Notes [Member]
Debt Instrument [Line Items]
Restriction on Payments for stock repurchases and dividends			50.00%
Senior Notes [Member] \| 6.75 senior notes due 2021 [Member]
Debt Instrument [Line Items]
Face Amount			$ 200,000,000
Debt Instrument, Interest Rate, Stated Percentage			6.75%
Cash America Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				5.75%
Line of Credit \| 2015 Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 210,000,000
Expiration date	Oct. 30, 2020
Net proceeds				$ 202,000,000
Line of Credit \| 2015 Credit Facility \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate	2.50%
Line of Credit \| 2015 Credit Facility \| Prime Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
Line of Credit \| 2016 Credit Facility
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount				5,956,000
Remaining borrowing capacity				$ 134,044,000
Interest rate at period end				3.25%
Commitment fee percentage				0.50%
Line of Credit \| 2016 Credit Facility \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate				2.50%
Line of Credit \| 2016 Credit Facility \| Prime Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate				1.50%
Line of Credit \| Mexico Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 10,000,000
Expiration date		Dec. 31, 2017
Remaining borrowing capacity				$ 10,000,000
Commitment fee		$ 25,000
Line of Credit \| Mexico Credit Facility \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		2.00%
2015 Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 210,000,000
Minimum \| 2016 Credit Facility \| LIBOR
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				0.00%

Long-Term Debt Schedule of Maturities for Long-term Debt (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Debt Disclosure [Abstract]
2016	$ 0
2017	0
2018	0
2019	0
2020	460,000
Thereafter	0
Total Long-term Debt	$ 460,000

Provision for Income Taxes (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Income from continuing operations before income taxes

Domestic

^[1]

$ 30,804

$ 27,599

$ 50,984

Foreign

^[1]

62,643

60,082

65,996

Income from continuing operations before income taxes

^[1]

93,447

87,681

116,980

Current income taxes:

Federal

1,419

7,933

11,494

Foreign

18,787

18,763

17,823

State and local

1,139

705

1,097

Current provision for income taxes

21,345

27,401

30,414

Deferred provision (benefit) for income taxes:

Federal

11,826

931

2,232

Foreign

(528)

(1,414)

(1,232)

State and local

677

128

Total deferred provision (benefit) for income taxes

11,975

(430)

1,128

Provision for income taxes

$ 33,320

$ 26,971

$ 31,542

[1]	Includes the allocation of certain administrative expenses and the payment of royalties between domestic and foreign subsidiaries.

Income Taxes Narrative (Details) $ in Thousands	12 Months Ended
Income Taxes Narrative (Details) $ in Thousands	Dec. 31, 2016 USD ($) state	Dec. 31, 2014 USD ($)
Entity Location [Line Items]
Income tax (benefit) expense for discontinued operations		$ (147)
Undistributed Earnings of Foreign Subsidiaries	$ 100,996
Hypothetical Tax Liability From Repatriated Foreign Earnings	$ 2,299
Income tax benefit, percent of likelihood of being realized upon settlement	5000.00%
Number of states subject to examination in years prior to 2010 \| state	6
United States
Entity Location [Line Items]
Federal statutory income tax rate	35.00%	35.00%
Mexico
Entity Location [Line Items]
Federal statutory income tax rate	30.00%
Guatemala
Entity Location [Line Items]
Federal statutory income tax rate	25.00%
EL Salvador
Entity Location [Line Items]
Federal statutory income tax rate	30.00%

Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets:
Property and equipment in foreign jurisdictions	$ 5,604	$ 5,652
Accrued fees on forfeited pawn loans	8,221	3,784
Deferred cost of goods sold deduction	1,674	2,101
Cash America nonqualified deferred compensation plan	4,685	0
Accrued compensation and employee benefits	3,626	859
Accrued Merger severance and retention	2,718	0
Other	8,024	2,382
Total deferred tax assets	34,552	14,778
Deferred tax liabilities:
Intangible assets	75,998	22,761
Property and equipment in domestic jurisdictions	7,716	3,093
Other	2,406	1,067
Total deferred tax liabilities	86,120	26,921
Net deferred tax liabilities	(51,568)	(12,143)
Deferred tax assets	9,707	9,321
Deferred tax liabilities	$ (61,275)	$ (21,464)

Income Tax Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Tax at the U.S. federal statutory rate	$ 32,706	$ 30,688	$ 40,943
State income taxes, net of federal tax benefit of $636, $265 and $429, respectively	1,181	493	796
Rate benefit from foreign earnings	(3,642)	(3,531)	(4,576)
Other net non-recurring foreign benefit	0	0	(5,841)
Nondeductible transaction related costs	2,659	0	0
Other taxes and adjustments, net	416	(679)	220
Provision for income taxes	$ 33,320	$ 26,971	$ 31,542
Effective tax rate	35.70%	30.80%	27.00%
Federal Income tax benefit for state income taxes	$ 636	$ 265	$ 429

Commitments and Contingencies Narrative (Details)	12 Months Ended
Commitments and Contingencies Narrative (Details)	Dec. 31, 2016 USD ($) oz	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Guarantor Obligations [Line Items]
Rent expense on operating leases	$ 74,312,000	$ 49,959,000	$ 46,220,000
Acquired lease intangible assets	64,701,000
Acquired lease intangible liabilities	(38,102,000)
Amortization of Leased Asset	232,000
Maximum loss exposure under outstanding letters of credit	$ 13,172,000	$ 8,192,000
Forward Contracts [Member] \| Gold, Ounces
Guarantor Obligations [Line Items]
Investment Contract Weight \| oz	30,700
Variable Interest Entity, Not Primary Beneficiary
Guarantor Obligations [Line Items]
Net loans as a percentage of variable interest entity's total assets, maximum	50.00%
Minimum
Guarantor Obligations [Line Items]
Operating leases term	3 years
Extensions of credit made by the Independent Lender to credit services customers terms	7 days
Extensions of credit made by the Independent Lender to credit services customers amount range	$ 50
Finite-Lived Intangible Assets, Remaining Amortization Period	5 years 3 months 18 days
Maximum
Guarantor Obligations [Line Items]
Operating leases term	5 years
Extensions of credit made by the Independent Lender to credit services customers terms	365 days
Extensions of credit made by the Independent Lender to credit services customers amount range	$ 1,500
Finite-Lived Intangible Assets, Remaining Amortization Period	2 years 7 months 6 days

Operating Leases Future Minimum Payments (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2017	$ 102,541
2018	86,036
2019	68,953
2020	49,112
2021	31,591
Thereafter	41,168
Total	$ 379,401

Commitments and Contingencies Estimated Lease Future Amortization Expenses (Details) - Lease $ in Thousands	Dec. 31, 2016 USD ($)
2017	$ (1,061)
2018	(159)
2019	872
2020	1,895
2021	2,392
Thereafter	22,892
Total future amortization	$ 26,831

Goodwill and Other Intangible Assets Rollforward (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Line Items]
Balance, beginning of year	$ 295,609,000	$ 276,882,000
Merger and other acquisitions	543,716,000	30,693,000
Goodwill impairment - U.S. consumer loan operations	0	(7,913,000)	$ 0
Effect of foreign currency translation	(8,276,000)	(4,976,000)
Other adjustments	102,000	923,000
Balance, end of year	831,151,000	295,609,000	276,882,000
United States
Goodwill [Line Items]
Balance, beginning of year	222,901,000	203,160,000
Merger and other acquisitions	523,303,000	27,654,000
Goodwill impairment - U.S. consumer loan operations		(7,913,000)
Effect of foreign currency translation	0	0
Other adjustments	0	0
Balance, end of year	746,204,000	222,901,000	203,160,000
Latin America Operations
Goodwill [Line Items]
Balance, beginning of year	72,708,000	73,722,000
Merger and other acquisitions	20,413,000	3,039,000
Goodwill impairment - U.S. consumer loan operations		0
Effect of foreign currency translation	(8,276,000)	(4,976,000)
Other adjustments	102,000	923,000
Balance, end of year	$ 84,947,000	$ 72,708,000	$ 73,722,000

Goodwill and Other Intangible Assets Intangible Assets Amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 33,152	$ 9,665
Accumulated Amortization	(10,311)	(5,237)
Net Carrying Amount	22,841	4,428
Amortization expenses of intangible assets	$ 5,241	1,799	$ 1,529
Weighted average amortization period remaining, in years	1 year 4 months 24 days
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 24,452	9,665
Accumulated Amortization	(8,861)	(5,237)
Net Carrying Amount	$ 15,591	4,428
Weighted average amortization period remaining, in years	1 year 8 months 12 days
Executive non-compete agreements
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 8,700	0
Accumulated Amortization	(1,450)	0
Net Carrying Amount	$ 7,250	$ 0
Weighted average amortization period remaining, in years	10 months 24 days

Goodwill and Other Intangible Assets Goodwill Future Amortization (Details) - Goodwill [Member] $ in Thousands	Dec. 31, 2016 USD ($)
2017	$ 10,687
2018	6,522
2019	2,583
2020	2,049
2021	1,000
Total future amortization	$ 22,841

Goodwill and Other Intangible Assets Indefinite-Lived Intangible Assets (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Indefinite-lived Intangible Assets [Line Items]

Indefinite-lived Intangible Assets [Line Items]

$ 81,633

$ 1,753

Trade Names

Indefinite-lived Intangible Assets [Line Items]

46,300

Paw licenses

Franchise agreements related to check-cashing operation

^[1]

34,083

1,753

Indefinite-lived Intangible Assets [Line Items]