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10-Q Filing

ENCORE CAPITAL GROUP INC CIK: 1084961 Q3 2020
Filing Information
Form Type 10-Q
Accession Number 0001084961-20-000130
Period End Date 20200930
Filing Date 20201102
Fiscal Year 2020
Fiscal Period Q3
XBRL Instance ecpg-20200930_htm.xml
Balance Sheet 69 line items
Line Item Tag Value Unit Period
Convertible preferred stock, par value (USD per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Convertible preferred stock, par value (USD per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Convertible preferred stock authorized (shares) PreferredStockSharesAuthorized 5.00M shares Point-in-time
Convertible preferred stock authorized (shares) PreferredStockSharesAuthorized 5.00M shares Point-in-time
Convertible preferred stock issued (shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Convertible preferred stock issued (shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Convertible preferred stock outstanding (shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Convertible preferred stock outstanding (shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (USD per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (USD per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock authorized (shares) CommonStockSharesAuthorized 75.00M shares Point-in-time
Common stock authorized (shares) CommonStockSharesAuthorized 75.00M shares Point-in-time
Common stock issued (shares) CommonStockSharesIssued 31.34M shares Point-in-time
Common stock issued (shares) CommonStockSharesIssued 31.10M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $169.98M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $192.34M USD Point-in-time
Common stock outstanding (shares) CommonStockSharesOutstanding 31.10M shares Point-in-time
Investment in receivable portfolios, net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $3.22B USD Point-in-time
Investment in receivable portfolios, net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $3.27B USD Point-in-time
Investment in receivable portfolios, net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $3.28B USD Point-in-time
Investment in receivable portfolios, net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $3.14B USD Point-in-time
Common stock outstanding (shares) CommonStockSharesOutstanding 31.34M shares Point-in-time
Investment in receivable portfolios, net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $3.19B USD Point-in-time
Deferred court costs, net OtherDeferredCostsNet $100.17M USD Point-in-time
Deferred court costs, net OtherDeferredCostsNet - USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $120.05M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $120.12M USD Point-in-time
Other assets OtherAssets $329.22M USD Point-in-time
Other assets OtherAssets $309.30M USD Point-in-time
Goodwill Goodwill $838.02M USD Point-in-time
Goodwill Goodwill $865.53M USD Point-in-time
Goodwill Goodwill $868.13M USD Point-in-time
Goodwill Goodwill $866.66M USD Point-in-time
Goodwill Goodwill $884.18M USD Point-in-time
Goodwill Goodwill $831.55M USD Point-in-time
Total assets Assets $4.73B USD Point-in-time
Total assets Assets $4.91B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $223.91M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $221.84M USD Point-in-time
Borrowings DebtAndCapitalLeaseObligations $3.25B USD Point-in-time
Borrowings DebtAndCapitalLeaseObligations $3.51B USD Point-in-time
Other liabilities OtherLiabilities $147.44M USD Point-in-time
Other liabilities OtherLiabilities $130.86M USD Point-in-time
Total liabilities Liabilities $3.88B USD Point-in-time
Total liabilities Liabilities $3.60B USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Convertible preferred stock, $0.01 par value, 5,000 shares authorized, no shares issued and outstanding PreferredStockValue - USD Point-in-time
Convertible preferred stock, $0.01 par value, 5,000 shares authorized, no shares issued and outstanding PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value, 75,000 shares authorized, 31,345 and 31,097 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively CommonStockValue $313.00K USD Point-in-time
Common stock, $0.01 par value, 75,000 shares authorized, 31,345 and 31,097 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively CommonStockValue $311.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $222.59M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $227.11M USD Point-in-time
Accumulated earnings RetainedEarningsAccumulatedDeficit $888.06M USD Point-in-time
Accumulated earnings RetainedEarningsAccumulatedDeficit $1.02B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-121.10M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-88.77M USD Point-in-time
Total Encore Capital Group, Inc. stockholders equity StockholdersEquity $1.02B USD Point-in-time
Total Encore Capital Group, Inc. stockholders equity StockholdersEquity $1.12B USD Point-in-time
Noncontrolling interest MinorityInterest $2.58M USD Point-in-time
Noncontrolling interest MinorityInterest $3.21M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $902.96M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.13B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $924.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.04B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $819.69M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.03B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.73B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.91B USD Point-in-time
Income Statement 116 line items
Line Item Tag Value Unit Period
Revenue from receivable portfolios CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion $316.22M USD 1 Quarter
Revenue from receivable portfolios CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion $342.49M USD 1 Quarter
Revenue from receivable portfolios CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion $1.04B USD 3 Qtrs
Revenue from receivable portfolios CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion $311.16M USD 1 Quarter
Revenue from receivable portfolios CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion $939.87M USD 3 Qtrs
Revenue from receivable portfolios CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion $312.50M USD 1 Quarter
Changes in expected current and future recoveries CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries - USD 1 Quarter
Changes in expected current and future recoveries CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries - USD 3 Qtrs
Changes in expected current and future recoveries CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries $2.20M USD 3 Qtrs
Changes in expected current and future recoveries CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries $-30.45M USD 1 Quarter
Servicing revenue RevenueFromContractWithCustomerExcludingAssessedTax $29.79M USD 1 Quarter
Servicing revenue RevenueFromContractWithCustomerExcludingAssessedTax $82.42M USD 3 Qtrs
Servicing revenue RevenueFromContractWithCustomerExcludingAssessedTax $97.40M USD 3 Qtrs
Servicing revenue RevenueFromContractWithCustomerExcludingAssessedTax $31.06M USD 1 Quarter
Other revenues OtherIncome $673.00K USD 3 Qtrs
Other revenues OtherIncome $144.00K USD 1 Quarter
Other revenues OtherIncome $949.00K USD 1 Quarter
Other revenues OtherIncome $3.44M USD 3 Qtrs
Total revenues Revenues $1.12B USD 3 Qtrs
Total revenues Revenues $347.42M USD 1 Quarter
Total revenues Revenues $403.68M USD 1 Quarter
Total revenues Revenues $1.04B USD 3 Qtrs
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet - USD 3 Qtrs
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet $11.95M USD 3 Qtrs
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet $8.52M USD 1 Quarter
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet $1.37M USD 1 Quarter
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet - USD 1 Quarter
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet $2.06M USD 1 Quarter
Total revenues, adjusted by net allowances RevenuesAdjustedbyNetAllowances $355.94M USD 1 Quarter
Total revenues, adjusted by net allowances RevenuesAdjustedbyNetAllowances $1.12B USD 3 Qtrs
Total revenues, adjusted by net allowances RevenuesAdjustedbyNetAllowances $1.05B USD 3 Qtrs
Total revenues, adjusted by net allowances RevenuesAdjustedbyNetAllowances $403.68M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $95.98M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $284.70M USD 3 Qtrs
Salaries and employee benefits LaborAndRelatedExpense $279.94M USD 3 Qtrs
Salaries and employee benefits LaborAndRelatedExpense $96.64M USD 1 Quarter
Cost of legal collections CostOfLegalCollections $60.38M USD 1 Quarter
Cost of legal collections CostOfLegalCollections $164.02M USD 3 Qtrs
Cost of legal collections CostOfLegalCollections $149.45M USD 3 Qtrs
Cost of legal collections CostOfLegalCollections $48.97M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $53.46M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $110.33M USD 3 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $38.17M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $113.95M USD 3 Qtrs
Other operating expenses OtherCostAndExpenseOperating $83.53M USD 3 Qtrs
Other operating expenses OtherCostAndExpenseOperating $25.75M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $84.91M USD 3 Qtrs
Other operating expenses OtherCostAndExpenseOperating $28.09M USD 1 Quarter
Collection agency commissions CollectionAgencyCommissions $46.91M USD 3 Qtrs
Collection agency commissions CollectionAgencyCommissions $36.56M USD 3 Qtrs
Collection agency commissions CollectionAgencyCommissions $12.70M USD 1 Quarter
Collection agency commissions CollectionAgencyCommissions $17.34M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $10.61M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $31.44M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $29.74M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $10.00M USD 1 Quarter
Goodwill impairment GoodwillImpairmentLoss $10.72M USD 3 Qtrs
Goodwill impairment GoodwillImpairmentLoss - USD 1 Quarter
Goodwill impairment GoodwillImpairmentLoss $10.72M USD 1 Quarter
Goodwill impairment GoodwillImpairmentLoss - USD 3 Qtrs
Total operating expenses OperatingExpenses $261.22M USD 1 Quarter
Total operating expenses OperatingExpenses $716.75M USD 3 Qtrs
Total operating expenses OperatingExpenses $247.59M USD 1 Quarter
Total operating expenses OperatingExpenses $709.44M USD 3 Qtrs
Income from operations OperatingIncomeLoss $333.13M USD 3 Qtrs
Income from operations OperatingIncomeLoss $409.35M USD 3 Qtrs
Income from operations OperatingIncomeLoss $108.34M USD 1 Quarter
Income from operations OperatingIncomeLoss $142.46M USD 1 Quarter
Interest expense InterestExpense $54.37M USD 1 Quarter
Interest expense InterestExpense $67.96M USD 1 Quarter
Interest expense InterestExpense $173.25M USD 3 Qtrs
Interest expense InterestExpense $172.95M USD 3 Qtrs
Other income (expense) OtherNonoperatingIncomeExpense $-11.55M USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $-15.77M USD 3 Qtrs
Other income (expense) OtherNonoperatingIncomeExpense $361.00K USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $-1.21M USD 3 Qtrs
Total other expense NonoperatingIncomeExpense $-65.91M USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-174.16M USD 3 Qtrs
Total other expense NonoperatingIncomeExpense $-67.60M USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-189.01M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $235.19M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $42.43M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $74.85M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $144.12M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $19.75M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $18.45M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $59.88M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $3.02M USD 1 Quarter
Net income ProfitLoss $125.68M USD 3 Qtrs
Net income ProfitLoss $39.41M USD 1 Quarter
Net income ProfitLoss $55.11M USD 1 Quarter
Net income ProfitLoss $175.31M USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $893.00K USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $457.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $544.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $784.00K USD 3 Qtrs
Net income attributable to Encore Capital Group, Inc. stockholders NetIncomeLoss $54.65M USD 1 Quarter
Net income attributable to Encore Capital Group, Inc. stockholders NetIncomeLoss $174.53M USD 3 Qtrs
Net income attributable to Encore Capital Group, Inc. stockholders NetIncomeLoss $38.87M USD 1 Quarter
Net income attributable to Encore Capital Group, Inc. stockholders NetIncomeLoss $124.78M USD 3 Qtrs
Basic (USD per share) EarningsPerShareBasic $1.74 USD 1 Quarter
Basic (USD per share) EarningsPerShareBasic $1.24 USD 1 Quarter
Basic (USD per share) EarningsPerShareBasic $5.56 USD 3 Qtrs
Basic (USD per share) EarningsPerShareBasic $3.99 USD 3 Qtrs
Diluted (USD per share) EarningsPerShareDiluted $1.72 USD 1 Quarter
Diluted (USD per share) EarningsPerShareDiluted $1.23 USD 1 Quarter
Diluted (USD per share) EarningsPerShareDiluted $3.97 USD 3 Qtrs
Diluted (USD per share) EarningsPerShareDiluted $5.51 USD 3 Qtrs
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 31.34M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 31.48M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 31.24M shares 3 Qtrs
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 31.40M shares 3 Qtrs
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 31.83M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 31.67M shares 3 Qtrs
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 31.46M shares 3 Qtrs
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 31.66M shares 1 Quarter
Cash Flow Statement 82 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $125.68M USD 3 Qtrs
Net income ProfitLoss $39.41M USD 1 Quarter
Net income ProfitLoss $55.11M USD 1 Quarter
Net income ProfitLoss $175.31M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $29.74M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $31.44M USD 3 Qtrs
Expense related to financing FinancingInterestExpense $19.79M USD 3 Qtrs
Expense related to financing FinancingInterestExpense $3.50M USD 3 Qtrs
Other non-cash interest expense, net OtherNoncashIncomeExpense $-24.05M USD 3 Qtrs
Other non-cash interest expense, net OtherNoncashIncomeExpense $-22.73M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $9.41M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $13.19M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-15.07M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $5.01M USD 3 Qtrs
Goodwill impairment GoodwillImpairmentLoss $10.72M USD 3 Qtrs
Goodwill impairment GoodwillImpairmentLoss - USD 1 Quarter
Goodwill impairment GoodwillImpairmentLoss $10.72M USD 1 Quarter
Goodwill impairment GoodwillImpairmentLoss - USD 3 Qtrs
Changes in expected current and future recoveries CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries - USD 1 Quarter
Changes in expected current and future recoveries CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries - USD 3 Qtrs
Changes in expected current and future recoveries CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries $2.20M USD 3 Qtrs
Changes in expected current and future recoveries CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries $-30.45M USD 1 Quarter
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet - USD 3 Qtrs
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet $11.95M USD 3 Qtrs
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet $8.52M USD 1 Quarter
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet $1.37M USD 1 Quarter
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet - USD 1 Quarter
Allowance reversals on receivable portfolios, net ReversalProvisionForAllowancesOnReceivablePortfoliosNet $2.06M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $20.22M USD 3 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $24.47M USD 3 Qtrs
Deferred court costs and other assets IncreaseDecreaseInOtherOperatingAssets $-14.27M USD 3 Qtrs
Deferred court costs and other assets IncreaseDecreaseInOtherOperatingAssets $-45.41M USD 3 Qtrs
Prepaid income tax and income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-11.23M USD 3 Qtrs
Prepaid income tax and income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-21.24M USD 3 Qtrs
Accounts payable, accrued liabilities and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-27.11M USD 3 Qtrs
Accounts payable, accrued liabilities and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-43.60M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $196.95M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $249.98M USD 3 Qtrs
Purchases of receivable portfolios, net of put-backs PaymentsToAcquireFinanceReceivables $517.96M USD 3 Qtrs
Purchases of receivable portfolios, net of put-backs PaymentsToAcquireFinanceReceivables $757.10M USD 3 Qtrs
Collections applied to investment in receivable portfolios, net ProceedsFromCollectionOfFinanceReceivables $588.26M USD 3 Qtrs
Collections applied to investment in receivable portfolios, net ProceedsFromCollectionOfFinanceReceivables $540.10M USD 3 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $30.71M USD 3 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $22.66M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $-8.09M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $-1.60M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $7.58M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-197.96M USD 3 Qtrs
Payment of loan and debt refinancing costs PaymentsOfFinancingCosts $8.78M USD 3 Qtrs
Payment of loan and debt refinancing costs PaymentsOfFinancingCosts $48.68M USD 3 Qtrs
Proceeds from credit facilities ProceedsFromLongTermLinesOfCredit $481.11M USD 3 Qtrs
Proceeds from credit facilities ProceedsFromLongTermLinesOfCredit $1.70B USD 3 Qtrs
Repayment of credit facilities RepaymentsOfLongTermLinesOfCredit $2.05B USD 3 Qtrs
Repayment of credit facilities RepaymentsOfLongTermLinesOfCredit $440.99M USD 3 Qtrs
Proceeds from senior secured notes ProceedsFromIssuanceOfSeniorLongTermDebt $410.82M USD 3 Qtrs
Proceeds from senior secured notes ProceedsFromIssuanceOfSeniorLongTermDebt $460.51M USD 3 Qtrs
Repayment of senior secured notes RepaymentsOfSeniorDebt $460.45M USD 3 Qtrs
Repayment of senior secured notes RepaymentsOfSeniorDebt $152.43M USD 3 Qtrs
Proceeds from issuance of convertible and exchangeable senior notes ProceedsFromConvertibleDebt - USD 3 Qtrs
Proceeds from issuance of convertible and exchangeable senior notes ProceedsFromConvertibleDebt $100.00M USD 3 Qtrs
Repayment of convertible senior notes RepaymentsOfConvertibleDebt $89.36M USD 3 Qtrs
Repayment of convertible senior notes RepaymentsOfConvertibleDebt $84.60M USD 3 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-15.48M USD 3 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-32.40M USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-267.89M USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $31.31M USD 3 Qtrs
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-10.33M USD 3 Qtrs
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $30.30M USD 3 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-12.02M USD 3 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.04M USD 3 Qtrs
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $186.68M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $157.42M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $192.34M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $169.98M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $186.68M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $157.42M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $192.34M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $169.98M USD Point-in-time
Cash paid for interest InterestPaidNet $131.87M USD 3 Qtrs
Cash paid for interest InterestPaidNet $148.06M USD 3 Qtrs
Cash paid for taxes, net of refunds IncomeTaxesPaidNet $31.42M USD 3 Qtrs
Cash paid for taxes, net of refunds IncomeTaxesPaidNet $87.15M USD 3 Qtrs
Stockholders Equity 37 line items
Line Item Tag Value Unit Period
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $902.96M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.13B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $924.00M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.04B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $819.69M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.03B USD Point-in-time
Net income ProfitLoss $125.68M USD 3 Qtrs
Net income ProfitLoss $39.41M USD 1 Quarter
Net income ProfitLoss $55.11M USD 1 Quarter
Net income ProfitLoss $175.31M USD 3 Qtrs
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax $-34.95M USD 3 Qtrs
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax $-32.49M USD 1 Quarter
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax $-38.50M USD 3 Qtrs
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax $31.11M USD 1 Quarter
Purchase of noncontrolling interest MinorityInterestDecreaseFromRedemptions $3.62M USD 3 Qtrs
Purchase of noncontrolling interest MinorityInterestDecreaseFromRedemptions $3.62M USD 1 Quarter
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings $-3.69M USD 3 Qtrs
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings $-2.27M USD 1 Quarter
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings $-1.60M USD 1 Quarter
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings $-6.47M USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.41M USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $13.19M USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.88M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $4.00M USD 1 Quarter
Issuance of exchangeable notes AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt $6.78M USD 1 Quarter
Exchangeable notes hedge transactions AdjustmentsToAdditionalPaidInCapitalExchangeableNotesHedgeTransactions $1.79M USD 1 Quarter
Exchangeable notes hedge transactions AdjustmentsToAdditionalPaidInCapitalExchangeableNotesHedgeTransactions $1.79M USD 3 Qtrs
Issuance of exchangeable notes StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments $6.78M USD 3 Qtrs
Other StockholdersEquityOther $-3.81M USD 1 Quarter
Other StockholdersEquityOther $-2.85M USD 3 Qtrs
Other StockholdersEquityOther $-2.63M USD 3 Qtrs
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $902.96M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.13B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $924.00M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.04B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $819.69M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.03B USD Point-in-time
Comprehensive Income 52 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $125.68M USD 3 Qtrs
Net income ProfitLoss $39.41M USD 1 Quarter
Net income ProfitLoss $55.11M USD 1 Quarter
Net income ProfitLoss $175.31M USD 3 Qtrs
Unrealized gain (loss) on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $118.00K USD 1 Quarter
Unrealized gain (loss) on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-799.00K USD 1 Quarter
Unrealized gain (loss) on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-6.56M USD 3 Qtrs
Unrealized gain (loss) on derivative instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-3.98M USD 3 Qtrs
Income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-7.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-169.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-1.12M USD 3 Qtrs
Income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-1.19M USD 3 Qtrs
Unrealized gain (loss) on derivative instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-630.00K USD 1 Quarter
Unrealized gain (loss) on derivative instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $125.00K USD 1 Quarter
Unrealized gain (loss) on derivative instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-5.37M USD 3 Qtrs
Unrealized gain (loss) on derivative instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.87M USD 3 Qtrs
Unrealized gain (loss) on foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-33.13M USD 3 Qtrs
Unrealized gain (loss) on foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-32.09M USD 3 Qtrs
Unrealized gain (loss) on foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $30.98M USD 1 Quarter
Unrealized gain (loss) on foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-31.86M USD 1 Quarter
Removal of other comprehensive loss in connection with divestiture OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax $2.63M USD 3 Qtrs
Removal of other comprehensive loss in connection with divestiture OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax - USD 1 Quarter
Removal of other comprehensive loss in connection with divestiture OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax $3.81M USD 3 Qtrs
Removal of other comprehensive loss in connection with divestiture OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax $3.81M USD 1 Quarter
Unrealized gain (loss) on foreign currency translation, net of divestiture OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax $-29.32M USD 3 Qtrs
Unrealized gain (loss) on foreign currency translation, net of divestiture OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax $-28.05M USD 1 Quarter
Unrealized gain (loss) on foreign currency translation, net of divestiture OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax $30.98M USD 1 Quarter
Unrealized gain (loss) on foreign currency translation, net of divestiture OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax $-29.46M USD 3 Qtrs
Other comprehensive income (loss), net of tax: OtherComprehensiveIncomeLossNetOfTax $-32.32M USD 3 Qtrs
Other comprehensive income (loss), net of tax: OtherComprehensiveIncomeLossNetOfTax $31.11M USD 1 Quarter
Other comprehensive income (loss), net of tax: OtherComprehensiveIncomeLossNetOfTax $-34.69M USD 3 Qtrs
Other comprehensive income (loss), net of tax: OtherComprehensiveIncomeLossNetOfTax $-28.68M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $90.99M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $86.21M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $10.73M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $142.99M USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $893.00K USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $457.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $544.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $784.00K USD 3 Qtrs
Unrealized gain on foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $51.00K USD 1 Quarter
Unrealized gain on foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $485.00K USD 3 Qtrs
Unrealized gain on foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $11.00K USD 3 Qtrs
Unrealized gain on foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $15.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interest: ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $595.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interest: ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $472.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interest: ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $795.00K USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest: ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.38M USD 3 Qtrs
Comprehensive income attributable to Encore Capital Group, Inc. stockholders ComprehensiveIncomeNetOfTax $10.14M USD 1 Quarter
Comprehensive income attributable to Encore Capital Group, Inc. stockholders ComprehensiveIncomeNetOfTax $142.20M USD 3 Qtrs
Comprehensive income attributable to Encore Capital Group, Inc. stockholders ComprehensiveIncomeNetOfTax $89.61M USD 3 Qtrs
Comprehensive income attributable to Encore Capital Group, Inc. stockholders ComprehensiveIncomeNetOfTax $85.74M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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