|
Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
|
Dec. 31, 2012
|
Dec. 31, 2011
|
| Assets |
|
|
| Cash and cash equivalents |
$ 17,510 |
$ 8,047 |
| Investment in receivable portfolios, net |
873,119 |
716,454 |
| Deferred court costs, net |
35,407 |
38,506 |
| Property tax payment agreements receivable, net |
135,100 |
|
| Interest receivable |
4,042 |
|
| Property and equipment, net |
23,223 |
17,796 |
| Other assets |
27,006 |
15,233 |
| Goodwill |
55,446 |
15,985 |
| Identifiable intangible assets, net |
487 |
462 |
| Total assets |
1,171,340 |
812,483 |
| Liabilities: |
|
|
| Accounts payable and accrued liabilities |
45,450 |
29,628 |
| Income tax payable |
3,080 |
|
| Deferred tax liabilities, net |
8,236 |
15,709 |
| Debt |
706,036 |
388,950 |
| Other liabilities |
2,722 |
6,661 |
| Total liabilities |
765,524 |
440,948 |
| Commitments and contingencies |
|
|
| Stockholders' equity: |
|
|
| Convertible preferred stock, $.01 par value, 5,000 shares authorized, no shares issued and outstanding |
|
|
| Common stock, $.01 par value, 50,000 shares authorized, 23,191 shares and 24,520 shares issued and outstanding as of December 31, 2012 and December 31, 2011, respectively |
232 |
245 |
| Additional paid-in capital |
88,029 |
123,406 |
| Accumulated earnings |
319,329 |
249,852 |
| Accumulated other comprehensive loss |
(1,774) |
(1,968) |
| Total stockholders' equity |
405,816 |
371,535 |
| Total liabilities and stockholders' equity |
$ 1,171,340 |
$ 812,483 |