10-Q Filing

ENCORE CAPITAL GROUP INC CIK: 1084961 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001084961-21-000099`
Period End Date	20210630
Filing Date	20210804
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	ecpg-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 104 Cash Flow Statement 75 Stockholders Equity 36 Comprehensive Income 52

Balance Sheet 68 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$189.18M	USD	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	31.34M	shares	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	30.41M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$198.52M	USD	Point-in-time
Common stock outstanding (shares)	`CommonStockSharesOutstanding`	31.34M	shares	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.17B	USD	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.33B	USD	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.23B	USD	Point-in-time
Common stock outstanding (shares)	`CommonStockSharesOutstanding`	30.41M	shares	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.29B	USD	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.20B	USD	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.15B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$127.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$120.09M	USD	Point-in-time
Other assets	`OtherAssets`	$349.16M	USD	Point-in-time
Other assets	`OtherAssets`	$292.08M	USD	Point-in-time
Goodwill	`Goodwill`	$839.30M	USD	Point-in-time
Goodwill	`Goodwill`	$906.96M	USD	Point-in-time
Goodwill	`Goodwill`	$915.07M	USD	Point-in-time
Goodwill	`Goodwill`	$912.17M	USD	Point-in-time
Goodwill	`Goodwill`	$838.02M	USD	Point-in-time
Goodwill	`Goodwill`	$884.18M	USD	Point-in-time
Total assets	`Assets`	$4.68B	USD	Point-in-time
Total assets	`Assets`	$4.86B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$190.71M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$215.92M	USD	Point-in-time
Borrowings	`DebtAndCapitalLeaseObligations`	$3.00B	USD	Point-in-time
Borrowings	`DebtAndCapitalLeaseObligations`	$3.28B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$135.40M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$146.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.33B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.64B	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, 30,413 and 31,345 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$313.00K	USD	Point-in-time
Common stock, $0.01 par value, 75,000 shares authorized, 30,413 and 31,345 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$304.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$230.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$143.83M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.27B	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.06B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-59.04M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-68.81M	USD	Point-in-time
Total Encore Capital Group, Inc. stockholders equity	`StockholdersEquity`	$1.22B	USD	Point-in-time
Total Encore Capital Group, Inc. stockholders equity	`StockholdersEquity`	$1.35B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.47M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$905.81M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.68B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.86B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$335.29M	USD	1 Quarter
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$328.15M	USD	1 Quarter
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$666.17M	USD	2 Qtrs
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$692.65M	USD	2 Qtrs
Changes in expected current and future recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-66.01M	USD	1 Quarter
Changes in expected current and future recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-66.18M	USD	1 Quarter
Changes in expected current and future recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-110.72M	USD	2 Qtrs
Changes in expected current and future recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$32.65M	USD	2 Qtrs
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$52.63M	USD	2 Qtrs
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$64.58M	USD	2 Qtrs
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.95M	USD	1 Quarter
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$32.06M	USD	1 Quarter
Other revenues	`OtherIncome`	$2.49M	USD	2 Qtrs
Other revenues	`OtherIncome`	$1.34M	USD	1 Quarter
Other revenues	`OtherIncome`	$3.11M	USD	2 Qtrs
Other revenues	`OtherIncome`	$789.00K	USD	1 Quarter
Total revenues	`Revenues`	$844.57M	USD	2 Qtrs
Total revenues	`Revenues`	$715.11M	USD	2 Qtrs
Total revenues	`Revenues`	$427.74M	USD	1 Quarter
Total revenues	`Revenues`	$426.03M	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$90.87M	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$194.23M	USD	2 Qtrs
Salaries and employee benefits	`LaborAndRelatedExpense`	$97.77M	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$183.97M	USD	2 Qtrs
Cost of legal collections	`CostOfLegalCollections`	$37.36M	USD	1 Quarter
Cost of legal collections	`CostOfLegalCollections`	$134.04M	USD	2 Qtrs
Cost of legal collections	`CostOfLegalCollections`	$103.64M	USD	2 Qtrs
Cost of legal collections	`CostOfLegalCollections`	$66.90M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$28.62M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$34.82M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$66.97M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$60.49M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$28.27M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$55.44M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$56.67M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$28.23M	USD	1 Quarter
Collection agency commissions	`CollectionAgencyCommissions`	$13.68M	USD	1 Quarter
Collection agency commissions	`CollectionAgencyCommissions`	$26.50M	USD	2 Qtrs
Collection agency commissions	`CollectionAgencyCommissions`	$10.68M	USD	1 Quarter
Collection agency commissions	`CollectionAgencyCommissions`	$23.86M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.54M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$20.83M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$23.56M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$12.05M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$501.97M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$448.22M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$206.34M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$253.45M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$219.69M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$174.29M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$342.60M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$266.89M	USD	2 Qtrs
Interest expense	`InterestExpense`	$90.69M	USD	2 Qtrs
Interest expense	`InterestExpense`	$104.99M	USD	2 Qtrs
Interest expense	`InterestExpense`	$50.33M	USD	1 Quarter
Interest expense	`InterestExpense`	$44.16M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.30M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.30M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$511.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-3.01M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.57M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$566.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-106.56M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-52.89M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-99.47M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-53.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$121.39M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$160.33M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$166.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$243.13M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.13M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$35.57M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$51.58M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$24.61M	USD	1 Quarter
Net income	`ProfitLoss`	$191.55M	USD	2 Qtrs
Net income	`ProfitLoss`	$120.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$130.78M	USD	1 Quarter
Net income	`ProfitLoss`	$96.79M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$419.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$284.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$327.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$452.00K	USD	1 Quarter
Net income attributable to Encore Capital Group, Inc. stockholders	`NetIncomeLoss`	$119.88M	USD	2 Qtrs
Net income attributable to Encore Capital Group, Inc. stockholders	`NetIncomeLoss`	$96.50M	USD	1 Quarter
Net income attributable to Encore Capital Group, Inc. stockholders	`NetIncomeLoss`	$191.13M	USD	2 Qtrs
Net income attributable to Encore Capital Group, Inc. stockholders	`NetIncomeLoss`	$130.33M	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$3.82	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$3.12	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$6.13	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$4.15	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$4.13	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$3.07	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$3.79	USD	2 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$6.04	USD	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.41M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.36M	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	30.91M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.19M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.62M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.41M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.63M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.56M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$191.55M	USD	2 Qtrs
Net income	`ProfitLoss`	$120.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$130.78M	USD	1 Quarter
Net income	`ProfitLoss`	$96.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.56M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.83M	USD	2 Qtrs
Loss on extinguishment of debt	`FinancingInterestExpense`	-	USD	2 Qtrs
Loss on extinguishment of debt	`FinancingInterestExpense`	$9.30M	USD	2 Qtrs
Other non-cash interest expense, net	`OtherNoncashIncomeExpense`	$-12.13M	USD	2 Qtrs
Other non-cash interest expense, net	`OtherNoncashIncomeExpense`	$-9.40M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.30M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.06M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.10M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-17.10M	USD	2 Qtrs
Changes in expected current and future recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-66.01M	USD	1 Quarter
Changes in expected current and future recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-66.18M	USD	1 Quarter
Changes in expected current and future recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-110.72M	USD	2 Qtrs
Changes in expected current and future recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$32.65M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$12.01M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$4.92M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-11.47M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-11.92M	USD	2 Qtrs
Prepaid income tax and income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$31.37M	USD	2 Qtrs
Prepaid income tax and income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$41.75M	USD	2 Qtrs
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-32.95M	USD	2 Qtrs
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-26.89M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$209.72M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$148.97M	USD	2 Qtrs
Purchases of receivable portfolios, net of put-backs	`PaymentsToAcquireFinanceReceivables`	$306.55M	USD	2 Qtrs
Purchases of receivable portfolios, net of put-backs	`PaymentsToAcquireFinanceReceivables`	$350.66M	USD	2 Qtrs
Collections applied to investment in receivable portfolios, net	`ProceedsFromCollectionOfFinanceReceivables`	$342.84M	USD	2 Qtrs
Collections applied to investment in receivable portfolios, net	`ProceedsFromCollectionOfFinanceReceivables`	$552.72M	USD	2 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.35M	USD	2 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.03M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.83M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.88M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.01M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$240.70M	USD	2 Qtrs
Payments of Financing Costs	`PaymentsOfFinancingCosts`	$10.62M	USD	2 Qtrs
Payments of Financing Costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$358.06M	USD	2 Qtrs
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$279.07M	USD	2 Qtrs
Repayment of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$511.20M	USD	2 Qtrs
Repayment of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$315.62M	USD	2 Qtrs
Proceeds from senior secured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$353.75M	USD	2 Qtrs
Proceeds from senior secured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Repayment of senior secured notes	`RepaymentsOfSeniorDebt`	$32.50M	USD	2 Qtrs
Repayment of senior secured notes	`RepaymentsOfSeniorDebt`	$339.58M	USD	2 Qtrs
Repayments of Other Debt	`RepaymentsOfOtherDebt`	$14.88M	USD	2 Qtrs
Repayments of Other Debt	`RepaymentsOfOtherDebt`	-	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$161.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$47.42M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$27.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.63M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.63M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-87.57M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-369.65M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$20.02M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$111.13M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.67M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.68M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.18M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$293.80M	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`	$198.52M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.18M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$293.80M	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`	$198.52M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$69.15M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$88.36M	USD	2 Qtrs
Cash paid for taxes, net of refunds	`IncomeTaxesPaidNet`	$16.29M	USD	2 Qtrs
Cash paid for taxes, net of refunds	`IncomeTaxesPaidNet`	$24.27M	USD	2 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$905.81M	USD	Point-in-time
Net Income	`ProfitLoss`	$191.55M	USD	2 Qtrs
Net Income	`ProfitLoss`	$120.20M	USD	2 Qtrs
Net Income	`ProfitLoss`	$130.78M	USD	1 Quarter
Net Income	`ProfitLoss`	$96.79M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$9.77M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-66.06M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-1.47M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$5.50M	USD	1 Quarter
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	`MinorityInterestDecreaseFromRedemptions`	$5.56M	USD	1 Quarter
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	`MinorityInterestDecreaseFromRedemptions`	$5.56M	USD	2 Qtrs
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$-5.22M	USD	2 Qtrs
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$-4.86M	USD	2 Qtrs
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$-150.00K	USD	1 Quarter
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$215.00K	USD	1 Quarter
Stock Repurchased During Period (in shares)	`StockRepurchasedDuringPeriodShares`	604,995.00	shares	1 Quarter
Stock Repurchased During Period (in shares)	`StockRepurchasedDuringPeriodShares`	1.12M	shares	2 Qtrs
Stock Repurchased During Period, Value	`StockRepurchasedDuringPeriodValue`	$47.42M	USD	2 Qtrs
Stock Repurchased During Period, Value	`StockRepurchasedDuringPeriodValue`	$27.03M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.06M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.78M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.30M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.65M	USD	1 Quarter
Stockholders' Equity, Other	`StockholdersEquityOther`	$2.63M	USD	2 Qtrs
Stockholders' Equity, Other	`StockholdersEquityOther`	$2.63M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$905.81M	USD	Point-in-time

Comprehensive Income 52 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$191.55M	USD	2 Qtrs
Net Income	`ProfitLoss`	$120.20M	USD	2 Qtrs
Net Income	`ProfitLoss`	$130.78M	USD	1 Quarter
Net Income	`ProfitLoss`	$96.79M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$2.06M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$948.00K	USD	1 Quarter
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-4.10M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$3.82M	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-1.11M	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$880.00K	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$384.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$502.00K	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$564.00K	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$1.55M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-2.99M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$2.94M	USD	2 Qtrs
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.95M	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$6.84M	USD	2 Qtrs
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.03M	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-63.07M	USD	2 Qtrs
Removal of other comprehensive loss in connection with divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax`	$2.63M	USD	2 Qtrs
Removal of other comprehensive loss in connection with divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax`	$2.63M	USD	1 Quarter
Removal of other comprehensive loss in connection with divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax`	-	USD	2 Qtrs
Removal of other comprehensive loss in connection with divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax`	-	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation, net of divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$6.84M	USD	2 Qtrs
Unrealized gain (loss) on foreign currency translation, net of divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$3.95M	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation, net of divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$-60.44M	USD	2 Qtrs
Unrealized gain (loss) on foreign currency translation, net of divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$600.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$1.16M	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$5.50M	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$9.77M	USD	2 Qtrs
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-63.43M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$201.32M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$102.29M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$131.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$56.78M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$419.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$284.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$327.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$452.00K	USD	1 Quarter
Unrealized loss on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Unrealized loss on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Unrealized loss on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Unrealized loss on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-4.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interest:	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$283.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest:	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$323.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interest:	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$419.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interest:	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$451.00K	USD	1 Quarter
Comprehensive income attributable to Encore Capital Group, Inc. stockholders	`ComprehensiveIncomeNetOfTax`	$200.91M	USD	2 Qtrs
Comprehensive income attributable to Encore Capital Group, Inc. stockholders	`ComprehensiveIncomeNetOfTax`	$131.50M	USD	1 Quarter
Comprehensive income attributable to Encore Capital Group, Inc. stockholders	`ComprehensiveIncomeNetOfTax`	$102.00M	USD	1 Quarter
Comprehensive income attributable to Encore Capital Group, Inc. stockholders	`ComprehensiveIncomeNetOfTax`	$56.45M	USD	2 Qtrs

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