10-K Filing

ENCORE CAPITAL GROUP INC CIK: 1084961 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001084961-24-000008`
Period End Date	20231231
Filing Date	20240221
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	ecpg-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 88 Cash Flow Statement 114 Stockholders Equity 29 Comprehensive Income 39

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Convertible preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Convertible preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$158.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.55M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.32M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	23.32M	shares	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.09B	USD	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.47B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	23.55M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$103.96M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$113.90M	USD	Point-in-time
Other assets	`OtherAssets`	$293.26M	USD	Point-in-time
Other assets	`OtherAssets`	$341.07M	USD	Point-in-time
Goodwill	`Goodwill`	$906.96M	USD	Point-in-time
Goodwill	`Goodwill`	$897.79M	USD	Point-in-time
Goodwill	`Goodwill`	$821.21M	USD	Point-in-time
Goodwill	`Goodwill`	$606.48M	USD	Point-in-time
Total assets	`Assets`	$4.51B	USD	Point-in-time
Total assets	`Assets`	$4.63B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$198.22M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$189.93M	USD	Point-in-time
Borrowings	`DebtAndCapitalLeaseObligations`	$2.90B	USD	Point-in-time
Borrowings	`DebtAndCapitalLeaseObligations`	$3.32B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$185.99M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$231.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.33B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.69B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`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, 23,545 shares and 23,323 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$235.00K	USD	Point-in-time
Common stock, $0.01 par value, 75,000 shares authorized, 23,545 shares and 23,323 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$233.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$11.05M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.28B	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.05B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-123.92M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-98.82M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$936.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.51B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.63B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$1.20B	USD	Annual
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$1.29B	USD	Annual
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$1.20B	USD	Annual
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-82.53M	USD	Annual
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$93.14M	USD	Annual
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$199.14M	USD	Annual
Total debt purchasing revenue	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesDebtPurchasingRevenue`	$1.49B	USD	Annual
Total debt purchasing revenue	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesDebtPurchasingRevenue`	$1.30B	USD	Annual
Total debt purchasing revenue	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesDebtPurchasingRevenue`	$1.12B	USD	Annual
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$120.78M	USD	Annual
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$94.92M	USD	Annual
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$83.14M	USD	Annual
Other revenues	`OtherIncome`	$17.64M	USD	Annual
Other revenues	`OtherIncome`	$7.92M	USD	Annual
Other revenues	`OtherIncome`	$6.86M	USD	Annual
Total revenues	`Revenues`	$1.22B	USD	Annual
Total revenues	`Revenues`	$1.40B	USD	Annual
Total revenues	`Revenues`	$1.61B	USD	Annual
Salaries and employee benefits	`LaborAndRelatedExpense`	$385.18M	USD	Annual
Salaries and employee benefits	`LaborAndRelatedExpense`	$375.13M	USD	Annual
Salaries and employee benefits	`LaborAndRelatedExpense`	$391.53M	USD	Annual
Cost of legal collections	`CostOfLegalCollections`	$217.94M	USD	Annual
Cost of legal collections	`CostOfLegalCollections`	$224.25M	USD	Annual
Cost of legal collections	`CostOfLegalCollections`	$254.28M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$137.69M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$145.80M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$144.86M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$106.94M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$111.23M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$111.18M	USD	Annual
Collection agency commissions	`CollectionAgencyCommissions`	$35.57M	USD	Annual
Collection agency commissions	`CollectionAgencyCommissions`	$47.06M	USD	Annual
Collection agency commissions	`CollectionAgencyCommissions`	$35.66M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$46.42M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$50.08M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$41.74M	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	$238.20M	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$18.73M	USD	Annual
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$4.08M	USD	Annual
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$18.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$936.17M	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.21B	USD	Annual
Total operating expenses	`OperatingExpenses`	$981.23M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$462.17M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$633.27M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$16.54M	USD	Annual
Interest expense	`InterestExpense`	$201.88M	USD	Annual
Interest expense	`InterestExpense`	$169.65M	USD	Annual
Interest expense	`InterestExpense`	$153.31M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.30M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.12M	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$5.08M	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-17.78M	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-196.73M	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-151.19M	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-196.80M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$310.99M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$436.54M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-180.26M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$26.23M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$85.34M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$116.42M	USD	Annual
Net (loss) income	`ProfitLoss`	$194.56M	USD	Annual
Net (loss) income	`ProfitLoss`	$-206.49M	USD	Annual
Net (loss) income	`ProfitLoss`	$351.20M	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$419.00K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net (loss) income attributable to Encore Capital Group, Inc. stockholders	`NetIncomeLoss`	$194.56M	USD	Annual
Net (loss) income attributable to Encore Capital Group, Inc. stockholders	`NetIncomeLoss`	$-206.49M	USD	Annual
Net (loss) income attributable to Encore Capital Group, Inc. stockholders	`NetIncomeLoss`	$350.78M	USD	Annual
Basic (USD per share)	`EarningsPerShareBasic`	$8.06	USD	Annual
Basic (USD per share)	`EarningsPerShareBasic`	$-8.72	USD	Annual
Basic (USD per share)	`EarningsPerShareBasic`	$11.64	USD	Annual
Diluted (USD per share)	`EarningsPerShareDiluted`	$11.26	USD	Annual
Diluted (USD per share)	`EarningsPerShareDiluted`	$7.46	USD	Annual
Diluted (USD per share)	`EarningsPerShareDiluted`	$-8.72	USD	Annual
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.14M	shares	Annual
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	30.13M	shares	Annual
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.67M	shares	Annual
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.09M	shares	Annual
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.15M	shares	Annual
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.67M	shares	Annual

Cash Flow Statement 114 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$194.56M	USD	Annual
Net (loss) income	`ProfitLoss`	$-206.49M	USD	Annual
Net (loss) income	`ProfitLoss`	$351.20M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$46.42M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.74M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$50.08M	USD	Annual
Other non-cash interest expense, net	`OtherNoncashIncomeExpense`	$-15.88M	USD	Annual
Other non-cash interest expense, net	`OtherNoncashIncomeExpense`	$-17.79M	USD	Annual
Other non-cash interest expense, net	`OtherNoncashIncomeExpense`	$-17.16M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$18.33M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$15.40M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$13.85M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$35.37M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-55.92M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$46.41M	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	$238.20M	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$18.73M	USD	Annual
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$4.08M	USD	Annual
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$18.70M	USD	1 Quarter
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-82.53M	USD	Annual
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$93.14M	USD	Annual
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$199.14M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-2.26M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$26.43M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$18.80M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-38.94M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.72M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-15.89M	USD	Annual
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-35.95M	USD	Annual
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-31.00M	USD	Annual
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-10.44M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$210.68M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$152.99M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$303.05M	USD	Annual
Purchases of receivable portfolios, net of put-backs	`PaymentsToAcquireFinanceReceivables`	$790.57M	USD	Annual
Purchases of receivable portfolios, net of put-backs	`PaymentsToAcquireFinanceReceivables`	$657.28M	USD	Annual
Purchases of receivable portfolios, net of put-backs	`PaymentsToAcquireFinanceReceivables`	$1.06B	USD	Annual
Collections applied to investment in receivable portfolios, net	`ProceedsFromCollectionOfFinanceReceivables`	$709.18M	USD	Annual
Collections applied to investment in receivable portfolios, net	`ProceedsFromCollectionOfFinanceReceivables`	$1.02B	USD	Annual
Collections applied to investment in receivable portfolios, net	`ProceedsFromCollectionOfFinanceReceivables`	$658.13M	USD	Annual
Purchases of real estate owned	`PurchasesOfAssetHeldForSale`	$26.90M	USD	Annual
Purchases of real estate owned	`PurchasesOfAssetHeldForSale`	$17.09M	USD	Annual
Purchases of real estate owned	`PurchasesOfAssetHeldForSale`	$39.34M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.37M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.22M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.81M	USD	Annual
Proceeds from sale of real estate owned	`ProceedsFromSaleOfAssetsHeldForSale`	$52.64M	USD	Annual
Proceeds from sale of real estate owned	`ProceedsFromSaleOfAssetsHeldForSale`	$31.16M	USD	Annual
Proceeds from sale of real estate owned	`ProceedsFromSaleOfAssetsHeldForSale`	$27.72M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$3.15M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$793.00K	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$339.90M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-401.94M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-130.24M	USD	Annual
Payment of loan and debt refinancing costs	`PaymentsOfFinancingCosts`	$1.66M	USD	Annual
Payment of loan and debt refinancing costs	`PaymentsOfFinancingCosts`	$11.96M	USD	Annual
Payment of loan and debt refinancing costs	`PaymentsOfFinancingCosts`	$13.71M	USD	Annual
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$779.51M	USD	Annual
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$821.93M	USD	Annual
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$1.20B	USD	Annual
Repayment of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$989.63M	USD	Annual
Repayment of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$515.70M	USD	Annual
Repayment of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$896.42M	USD	Annual
Proceeds from senior secured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$104.19M	USD	Annual
Proceeds from senior secured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	Annual
Proceeds from senior secured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$353.75M	USD	Annual
Repayment of senior secured notes	`RepaymentsOfSeniorDebt`	$359.18M	USD	Annual
Repayment of senior secured notes	`RepaymentsOfSeniorDebt`	$39.08M	USD	Annual
Repayment of senior secured notes	`RepaymentsOfSeniorDebt`	$39.08M	USD	Annual
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$230.00M	USD	Annual
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$221.15M	USD	Annual
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$212.48M	USD	Annual
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$161.00M	USD	Annual
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$390.61M	USD	Annual
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$87.01M	USD	Annual
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.21M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-22.36M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-7.04M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$268.30M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-107.44M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-655.69M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-27.00M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-12.74M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$19.35M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.90M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.20M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-18.73M	USD	Annual
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.18M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.91M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.65M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.36M	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`	$143.91M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.65M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.36M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$131.39M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$132.40M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$163.81M	USD	Annual
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$68.52M	USD	Annual
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$42.04M	USD	Annual
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$71.28M	USD	Annual
Investment in receivable portfolios transferred to real estate owned	`TransferToOtherRealEstate`	$768.00K	USD	Annual
Investment in receivable portfolios transferred to real estate owned	`TransferToOtherRealEstate`	$7.96M	USD	Annual
Investment in receivable portfolios transferred to real estate owned	`TransferToOtherRealEstate`	$1.90M	USD	Annual
Property and equipment acquired through finance leases	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$2.66M	USD	Annual
Property and equipment acquired through finance leases	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$3.27M	USD	Annual
Property and equipment acquired through finance leases	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$234.00K	USD	Annual

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$936.54M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$194.56M	USD	Annual
Net (loss) income	`ProfitLoss`	$-206.49M	USD	Annual
Net (loss) income	`ProfitLoss`	$351.20M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-4.64M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-25.10M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-45.27M	USD	Annual
Purchase of noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$5.56M	USD	Annual
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$-5.54M	USD	Annual
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$-5.11M	USD	Annual
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$-11.38M	USD	Annual
Repurchase and retirement of common stock	`StockRepurchasedDuringPeriodValue`	$87.01M	USD	Annual
Repurchase and retirement of common stock	`StockRepurchasedDuringPeriodValue`	$390.61M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.40M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.85M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.33M	USD	Annual
Removal of other comprehensive loss in connection with divestiture	`AdjustmentsToAdditionalPaidInCapitalOther`	$19.90M	USD	Annual
Settlement of convertible senior notes	`SettlementOfConvertibleSeniorNotes`	$71.15M	USD	Annual
Purchase of capped call options, net of tax effect	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfConvertibleNoteCappedCallOption`	$13.87M	USD	Annual
Unwind of the existing capped call options	`AdjustmentsToAdditionalPaidInCapitalUnwindOfCappedCallOptions`	$30.91M	USD	Annual
Settlement of convertible senior notes	`SettlementOfConvertibleNotes`	$37.29M	USD	Annual
Other	`StockholdersEquityOther`	$794.00K	USD	Annual
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$936.54M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time

Comprehensive Income 39 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$194.56M	USD	Annual
Net (loss) income	`ProfitLoss`	$-206.49M	USD	Annual
Net (loss) income	`ProfitLoss`	$351.20M	USD	Annual
Unrealized (loss) gain on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-44.48M	USD	Annual
Unrealized (loss) gain on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$36.38M	USD	Annual
Unrealized (loss) gain on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$12.84M	USD	Annual
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$2.17M	USD	Annual
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$407.00K	USD	Annual
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-4.89M	USD	Annual
Unrealized (loss) gain on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$35.98M	USD	Annual
Unrealized (loss) gain on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$10.67M	USD	Annual
Unrealized (loss) gain on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-39.59M	USD	Annual
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-15.31M	USD	Annual
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-78.23M	USD	Annual
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$15.38M	USD	Annual
Income tax effect	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$893.00K	USD	Annual
Income tax effect	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$3.01M	USD	Annual
Income tax effect	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	Annual
Removal of other comprehensive loss in connection with divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax`	-	USD	Annual
Removal of other comprehensive loss in connection with divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax`	$19.90M	USD	Annual
Removal of other comprehensive loss in connection with divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodDivestitureNetOfTax`	-	USD	Annual
Unrealized gain (loss) on foreign currency translation, net of divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$14.48M	USD	Annual
Unrealized gain (loss) on foreign currency translation, net of divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$-81.25M	USD	Annual
Unrealized gain (loss) on foreign currency translation, net of divestiture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$4.59M	USD	Annual
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.27M	USD	Annual
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-45.27M	USD	Annual
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-25.10M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-231.60M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$366.47M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$149.30M	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$419.00K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$419.00K	USD	Annual
Comprehensive (loss) income attributable to Encore Capital Group, Inc. stockholders	`ComprehensiveIncomeNetOfTax`	$149.30M	USD	Annual
Comprehensive (loss) income attributable to Encore Capital Group, Inc. stockholders	`ComprehensiveIncomeNetOfTax`	$366.05M	USD	Annual
Comprehensive (loss) income attributable to Encore Capital Group, Inc. stockholders	`ComprehensiveIncomeNetOfTax`	$-231.60M	USD	Annual

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