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10-Q Filing

PRA GROUP INC CIK: 1185348 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001185348-23-000032
Period End Date 20230630
Filing Date 20230808
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance praa-20230630_htm.xml
Balance Sheet 80 line items
Line Item Tag Value Unit Period
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $111.38M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 2.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 2.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $83.38M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $67.97M USD Point-in-time
Investments Investments $76.17M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Investments Investments $79.95M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Finance receivables, net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $3.30B USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Finance receivables, net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $3.42B USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $36.33M USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $31.77M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Deferred tax assets, net DeferredIncomeTaxAssetsNet $56.91M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Deferred tax assets, net DeferredIncomeTaxAssetsNet $56.76M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 38.98M shares Point-in-time
Right-of-use assets OperatingLeaseRightOfUseAsset $51.13M USD Point-in-time
Right-of-use assets OperatingLeaseRightOfUseAsset $54.51M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 39.24M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 38.98M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $51.65M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $45.87M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 39.24M shares Point-in-time
Goodwill Goodwill $437.03M USD Point-in-time
Goodwill Goodwill $414.90M USD Point-in-time
Goodwill Goodwill $435.92M USD Point-in-time
Goodwill Goodwill $480.26M USD Point-in-time
Goodwill Goodwill $483.38M USD Point-in-time
Goodwill Goodwill $420.65M USD Point-in-time
Other assets OtherAssets $86.59M USD Point-in-time
Other assets OtherAssets $103.77M USD Point-in-time
Total assets Assets $4.32B USD Point-in-time
Total assets Assets $4.18B USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $6.34M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $7.33M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrentAndNoncurrent $118.88M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrentAndNoncurrent $111.39M USD Point-in-time
Income taxes payable AccruedIncomeTaxes $18.66M USD Point-in-time
Income taxes payable AccruedIncomeTaxes $25.69M USD Point-in-time
Deferred tax liabilities, net DeferredTaxLiabilitiesNetAfterAdjustments $18.46M USD Point-in-time
Deferred tax liabilities, net DeferredTaxLiabilitiesNetAfterAdjustments $42.92M USD Point-in-time
Interest-bearing deposits InterestBearingDepositLiabilities $112.99M USD Point-in-time
Interest-bearing deposits InterestBearingDepositLiabilities $99.32M USD Point-in-time
Borrowings DebtLongtermAndShorttermCombinedAmount $2.49B USD Point-in-time
Borrowings DebtLongtermAndShorttermCombinedAmount $2.74B USD Point-in-time
Lease liabilities OperatingLeaseLiability $59.38M USD Point-in-time
Lease liabilities OperatingLeaseLiability $55.72M USD Point-in-time
Other liabilities OtherLiabilitiesCurrent $34.35M USD Point-in-time
Other liabilities OtherLiabilitiesCurrent $24.13M USD Point-in-time
Total liabilities Liabilities $3.08B USD Point-in-time
Total liabilities Liabilities $2.89B USD Point-in-time
Preferred stock, $0.01 par value, 2,000 shares authorized, no shares issued and outstanding PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value, 2,000 shares authorized, no shares issued and outstanding PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value; 100,000 shares authorized, 39,242 shares issued and outstanding at June 30, 2023; 100,000 shares authorized, 38,980 shares issued and outstanding at December 31, 2022 CommonStockValueOutstanding $392.00K USD Point-in-time
Common stock, $0.01 par value; 100,000 shares authorized, 39,242 shares issued and outstanding at June 30, 2023; 100,000 shares authorized, 38,980 shares issued and outstanding at December 31, 2022 CommonStockValueOutstanding $390.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $2.54M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $2.17M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.57B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.51B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-348.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-347.93M USD Point-in-time
Total stockholders' equity - PRA Group, Inc. StockholdersEquity $1.17B USD Point-in-time
Total stockholders' equity - PRA Group, Inc. StockholdersEquity $1.23B USD Point-in-time
Noncontrolling interest MinorityInterest $74.15M USD Point-in-time
Noncontrolling interest MinorityInterest $59.09M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.24B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.24B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.35B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.29B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.32B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.18B USD Point-in-time
Income Statement 112 line items
Line Item Tag Value Unit Period
Portfolio income FinancingReceivableAllowanceForCreditLossesRecoveriesReclassifiedToIncome $401.54M USD 2 Qtrs
Portfolio income FinancingReceivableAllowanceForCreditLossesRecoveriesReclassifiedToIncome $372.53M USD 2 Qtrs
Portfolio income FinancingReceivableAllowanceForCreditLossesRecoveriesReclassifiedToIncome $184.29M USD 1 Quarter
Portfolio income FinancingReceivableAllowanceForCreditLossesRecoveriesReclassifiedToIncome $194.01M USD 1 Quarter
Changes in expected recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $56.57M USD 1 Quarter
Changes in expected recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $-15.78M USD 2 Qtrs
Changes in expected recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $86.48M USD 2 Qtrs
Changes in expected recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $21.14M USD 1 Quarter
Total portfolio revenue FinancingReceivableAllowanceForCreditLossPortfolioRevenue $205.43M USD 1 Quarter
Total portfolio revenue FinancingReceivableAllowanceForCreditLossPortfolioRevenue $488.02M USD 2 Qtrs
Total portfolio revenue FinancingReceivableAllowanceForCreditLossPortfolioRevenue $250.58M USD 1 Quarter
Total portfolio revenue FinancingReceivableAllowanceForCreditLossPortfolioRevenue $356.76M USD 2 Qtrs
Other revenue RevenueFromContractWithCustomerAndFeeRevenueExcludingAssessedTax $7.95M USD 2 Qtrs
Other revenue RevenueFromContractWithCustomerAndFeeRevenueExcludingAssessedTax $3.81M USD 1 Quarter
Other revenue RevenueFromContractWithCustomerAndFeeRevenueExcludingAssessedTax $7.69M USD 1 Quarter
Other revenue RevenueFromContractWithCustomerAndFeeRevenueExcludingAssessedTax $10.85M USD 2 Qtrs
Total revenues Revenues $209.24M USD 1 Quarter
Total revenues Revenues $364.71M USD 2 Qtrs
Total revenues Revenues $498.87M USD 2 Qtrs
Total revenues Revenues $258.26M USD 1 Quarter
Compensation and employee services LaborAndRelatedExpense $74.14M USD 1 Quarter
Compensation and employee services LaborAndRelatedExpense $145.23M USD 2 Qtrs
Compensation and employee services LaborAndRelatedExpense $65.79M USD 1 Quarter
Compensation and employee services LaborAndRelatedExpense $148.19M USD 2 Qtrs
Legal collection fees LegalFees $20.43M USD 2 Qtrs
Legal collection fees LegalFees $9.55M USD 1 Quarter
Legal collection fees LegalFees $9.55M USD 1 Quarter
Legal collection fees LegalFees $18.39M USD 2 Qtrs
Legal collection costs LegalCosts $17.75M USD 1 Quarter
Legal collection costs LegalCosts $34.30M USD 2 Qtrs
Legal collection costs LegalCosts $21.52M USD 1 Quarter
Legal collection costs LegalCosts $45.47M USD 2 Qtrs
Agency fees AgencyFees $17.68M USD 1 Quarter
Agency fees AgencyFees $14.83M USD 1 Quarter
Agency fees AgencyFees $35.05M USD 2 Qtrs
Agency fees AgencyFees $32.21M USD 2 Qtrs
Outside fees and services OutsideFeesAndServicesExpenses $46.87M USD 2 Qtrs
Outside fees and services OutsideFeesAndServicesExpenses $43.21M USD 2 Qtrs
Outside fees and services OutsideFeesAndServicesExpenses $18.26M USD 1 Quarter
Outside fees and services OutsideFeesAndServicesExpenses $27.49M USD 1 Quarter
Communication Communication $20.64M USD 2 Qtrs
Communication Communication $9.53M USD 1 Quarter
Communication Communication $10.12M USD 1 Quarter
Communication Communication $22.11M USD 2 Qtrs
Rent and occupancy RentAndOccupancy $9.62M USD 2 Qtrs
Rent and occupancy RentAndOccupancy $8.77M USD 2 Qtrs
Rent and occupancy RentAndOccupancy $4.63M USD 1 Quarter
Rent and occupancy RentAndOccupancy $4.32M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $3.87M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $7.64M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $7.07M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $3.48M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $26.00M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $12.74M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $24.74M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $12.96M USD 1 Quarter
Total operating expenses OperatingExpenses $174.53M USD 1 Quarter
Total operating expenses OperatingExpenses $163.68M USD 1 Quarter
Total operating expenses OperatingExpenses $343.16M USD 2 Qtrs
Total operating expenses OperatingExpenses $352.79M USD 2 Qtrs
Income from operations OperatingIncomeLoss $45.56M USD 1 Quarter
Income from operations OperatingIncomeLoss $83.74M USD 1 Quarter
Income from operations OperatingIncomeLoss $155.70M USD 2 Qtrs
Income from operations OperatingIncomeLoss $11.92M USD 2 Qtrs
Interest expense, net InterestIncomeExpenseNet $-31.56M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-81.31M USD 2 Qtrs
Interest expense, net InterestIncomeExpenseNet $-63.31M USD 2 Qtrs
Interest expense, net InterestIncomeExpenseNet $-43.02M USD 1 Quarter
Other ForeignCurrencyTransactionGainLossBeforeTax $-230.00K USD 1 Quarter
Other ForeignCurrencyTransactionGainLossBeforeTax $-181.00K USD 1 Quarter
Other ForeignCurrencyTransactionGainLossBeforeTax $-671.00K USD 2 Qtrs
Other ForeignCurrencyTransactionGainLossBeforeTax $-880.00K USD 2 Qtrs
Foreign exchange gain, net OtherNonoperatingIncomeExpense $420.00K USD 2 Qtrs
Foreign exchange gain, net OtherNonoperatingIncomeExpense $429.00K USD 1 Quarter
Foreign exchange gain, net OtherNonoperatingIncomeExpense $787.00K USD 2 Qtrs
Foreign exchange gain, net OtherNonoperatingIncomeExpense $1.32M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.74M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $92.51M USD 2 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $53.31M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-69.85M USD 2 Qtrs
Income tax expense/(benefit) IncomeTaxExpenseBenefit $1.58M USD 1 Quarter
Income tax expense/(benefit) IncomeTaxExpenseBenefit $14.18M USD 1 Quarter
Income tax expense/(benefit) IncomeTaxExpenseBenefit $18.76M USD 2 Qtrs
Income tax expense/(benefit) IncomeTaxExpenseBenefit $-17.11M USD 2 Qtrs
Net income/(loss) ProfitLoss $73.75M USD 2 Qtrs
Net income/(loss) ProfitLoss $-52.74M USD 2 Qtrs
Net income/(loss) ProfitLoss $1.16M USD 1 Quarter
Net income/(loss) ProfitLoss $39.14M USD 1 Quarter
Adjustment for net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.69M USD 2 Qtrs
Adjustment for net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.96M USD 1 Quarter
Adjustment for net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-2.70M USD 2 Qtrs
Adjustment for net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.65M USD 1 Quarter
Net income/(loss) attributable to PRA Group, Inc. NetIncomeLoss $36.48M USD 1 Quarter
Net income/(loss) attributable to PRA Group, Inc. NetIncomeLoss $-3.80M USD 1 Quarter
Net income/(loss) attributable to PRA Group, Inc. NetIncomeLoss $76.46M USD 2 Qtrs
Net income/(loss) attributable to PRA Group, Inc. NetIncomeLoss $-62.43M USD 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.92 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.90 USD 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $-0.10 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-1.60 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $1.88 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $-1.60 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.91 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.10 USD 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 39.11M shares 2 Qtrs
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 40.28M shares 2 Qtrs
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 39.78M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 39.19M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 39.11M shares 2 Qtrs
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 39.19M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 40.60M shares 2 Qtrs
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 39.90M shares 1 Quarter
Cash Flow Statement 103 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $73.75M USD 2 Qtrs
Net income ProfitLoss $-52.74M USD 2 Qtrs
Net income ProfitLoss $1.16M USD 1 Quarter
Net income ProfitLoss $39.14M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $6.51M USD 2 Qtrs
Share-based compensation expense ShareBasedCompensation $7.74M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $3.87M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $7.64M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $7.07M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $3.48M USD 1 Quarter
Gain on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 2 Qtrs
Gain on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $343.00K USD 2 Qtrs
Amortization of debt discount and issuance costs AmortizationOfFinancingCostsAndDiscounts $5.10M USD 2 Qtrs
Amortization of debt discount and issuance costs AmortizationOfFinancingCostsAndDiscounts $4.83M USD 2 Qtrs
Changes in expected recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $56.57M USD 1 Quarter
Changes in expected recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $-15.78M USD 2 Qtrs
Changes in expected recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $86.48M USD 2 Qtrs
Changes in expected recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $21.14M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $484.00K USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-24.44M USD 2 Qtrs
Net unrealized foreign currency transactions ForeignCurrencyTransactionGainLossRealized $27.91M USD 2 Qtrs
Net unrealized foreign currency transactions ForeignCurrencyTransactionGainLossRealized $22.60M USD 2 Qtrs
Fair value in earnings for equity securities EquitySecuritiesFvNiRealizedGainLoss $148.00K USD 2 Qtrs
Fair value in earnings for equity securities EquitySecuritiesFvNiRealizedGainLoss $-593.00K USD 2 Qtrs
Other OtherNoncashIncomeExpense $1.30M USD 2 Qtrs
Other OtherNoncashIncomeExpense $614.00K USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $1.31M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $490.00K USD 2 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $-1.02M USD 2 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $1.29M USD 2 Qtrs
Income taxes payable, net IncreaseDecreaseInIncomeTaxes $-13.63M USD 2 Qtrs
Income taxes payable, net IncreaseDecreaseInIncomeTaxes $-5.94M USD 2 Qtrs
Accrued expenses IncreaseDecreaseInOtherAccruedLiabilities $-16.50M USD 2 Qtrs
Accrued expenses IncreaseDecreaseInOtherAccruedLiabilities $6.65M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-5.38M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $738.00K USD 2 Qtrs
Right-of-use asset/lease liability IncreaseDecreaseInOperatingLeaseAssetLiability $387.00K USD 2 Qtrs
Right-of-use asset/lease liability IncreaseDecreaseInOperatingLeaseAssetLiability $-322.00K USD 2 Qtrs
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $-80.84M USD 2 Qtrs
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $-41.76M USD 2 Qtrs
Purchases of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $8.21M USD 2 Qtrs
Purchases of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $1.09M USD 2 Qtrs
Purchases of finance receivables PaymentsToAcquireFinanceReceivables $378.80M USD 2 Qtrs
Purchases of finance receivables PaymentsToAcquireFinanceReceivables $559.55M USD 2 Qtrs
Recoveries applied to negative allowance ProceedsFromRecoveryOfNegativeFinancingReceivableAllowance $535.54M USD 2 Qtrs
Recoveries applied to negative allowance ProceedsFromRecoveryOfNegativeFinancingReceivableAllowance $463.97M USD 2 Qtrs
Purchases of investments PaymentsForProceedsFromMarketableSecurities $2.29M USD 2 Qtrs
Purchases of investments PaymentsForProceedsFromMarketableSecurities $60.06M USD 2 Qtrs
Proceeds from sales and maturities of investments ProceedsFromSaleAndMaturityOfMarketableSecurities $775.00K USD 2 Qtrs
Proceeds from sales and maturities of investments ProceedsFromSaleAndMaturityOfMarketableSecurities $62.76M USD 2 Qtrs
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $147.01M USD 2 Qtrs
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-93.97M USD 2 Qtrs
Proceeds from lines of credit ProceedsFromLongTermLinesOfCredit $1.26B USD 2 Qtrs
Proceeds from lines of credit ProceedsFromLongTermLinesOfCredit $459.43M USD 2 Qtrs
Principal payments on lines of credit RepaymentsOfLongTermLinesOfCredit $274.77M USD 2 Qtrs
Principal payments on lines of credit RepaymentsOfLongTermLinesOfCredit $1.27B USD 2 Qtrs
Retirement of Convertible Senior Notes due 2023 RepaymentsOfConvertibleDebt - USD 2 Qtrs
Retirement of Convertible Senior Notes due 2023 RepaymentsOfConvertibleDebt $345.00M USD 2 Qtrs
Proceeds from issuance of Senior Notes due 2028 ProceedsFromIssuanceOfOtherLongTermDebt - USD 2 Qtrs
Proceeds from issuance of Senior Notes due 2028 ProceedsFromIssuanceOfOtherLongTermDebt $400.00M USD 2 Qtrs
Principal payments on long-term debt RepaymentsOfOtherLongTermDebt $5.00M USD 2 Qtrs
Principal payments on long-term debt RepaymentsOfOtherLongTermDebt $5.00M USD 2 Qtrs
Repurchases of senior notes PaymentsOnSeniorNotes $3.66M USD 2 Qtrs
Repurchases of senior notes PaymentsOnSeniorNotes - USD 2 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock - USD 2 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $86.37M USD 2 Qtrs
Payments of origination cost and fees PaymentsOfFinancingCosts $5.32M USD 2 Qtrs
Payments of origination cost and fees PaymentsOfFinancingCosts $7.73M USD 2 Qtrs
Tax withholdings related to share-based payments PaymentsRelatedToTaxWithholdingForShareBasedCompensation $8.43M USD 2 Qtrs
Tax withholdings related to share-based payments PaymentsRelatedToTaxWithholdingForShareBasedCompensation $6.14M USD 2 Qtrs
Distributions paid to noncontrolling interest PaymentsToMinorityShareholders $3.49M USD 2 Qtrs
Distributions paid to noncontrolling interest PaymentsToMinorityShareholders $1.17M USD 2 Qtrs
Contributions from noncontrolling interest ProceedsFromMinorityShareholders $1.60M USD 2 Qtrs
Contributions from noncontrolling interest ProceedsFromMinorityShareholders - USD 2 Qtrs
Net increase/(decrease) in interest-bearing deposits NetChangeInterestBearingDepositsForeign $4.33M USD 2 Qtrs
Net increase/(decrease) in interest-bearing deposits NetChangeInterestBearingDepositsForeign $-9.87M USD 2 Qtrs
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $208.50M USD 2 Qtrs
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-110.24M USD 2 Qtrs
Effect of exchange rate on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-14.96M USD 2 Qtrs
Effect of exchange rate on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.22M USD 2 Qtrs
Net increase/(decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-19.96M USD 2 Qtrs
Net increase/(decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $39.91M USD 2 Qtrs
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $89.07M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $124.67M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $69.12M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $84.76M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $89.07M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $124.67M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $69.12M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $84.76M USD Point-in-time
Cash paid for interest InterestPaidNet $51.65M USD 2 Qtrs
Cash paid for interest InterestPaidNet $59.49M USD 2 Qtrs
Cash paid for income taxes IncomeTaxesPaid $24.13M USD 2 Qtrs
Cash paid for income taxes IncomeTaxesPaid $20.86M USD 2 Qtrs
Cash and cash equivalents per Consolidated Balance Sheets CashAndCashEquivalentsAtCarryingValue $111.38M USD Point-in-time
Cash and cash equivalents per Consolidated Balance Sheets CashAndCashEquivalentsAtCarryingValue $83.38M USD Point-in-time
Cash and cash equivalents per Consolidated Balance Sheets CashAndCashEquivalentsAtCarryingValue $67.97M USD Point-in-time
Restricted cash included in Other assets per Consolidated Balance Sheets RestrictedCashAndCashEquivalents $13.29M USD Point-in-time
Restricted cash included in Other assets per Consolidated Balance Sheets RestrictedCashAndCashEquivalents $1.14M USD Point-in-time
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $89.07M USD Point-in-time
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $124.67M USD Point-in-time
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $69.12M USD Point-in-time
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $84.76M USD Point-in-time
Stockholders Equity 55 line items
Line Item Tag Value Unit Period
Beginning balance (in shares) CommonStockSharesOutstanding 38.98M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 39.24M shares Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.24B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.24B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.35B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.29B USD Point-in-time
Net income NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest $34.62M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest $1.16M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest $39.14M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest $-53.90M USD 1 Quarter
Currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-115.54M USD 1 Quarter
Currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $7.08M USD 1 Quarter
Currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.55M USD 1 Quarter
Currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $12.27M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $5.84M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-4.83M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $888.00K USD 2 Qtrs
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $18.58M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $5.72M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $24.42M USD 2 Qtrs
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-402.00K USD 2 Qtrs
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-80.00K USD 1 Quarter
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-160.00K USD 1 Quarter
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $128.00K USD 1 Quarter
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $48.00K USD 2 Qtrs
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-242.00K USD 1 Quarter
Repurchase and cancellation of common stock StockRepurchasedAndRetiredDuringPeriodValue $34.94M USD 1 Quarter
Repurchase and cancellation of common stock StockRepurchasedAndRetiredDuringPeriodValue $39.45M USD 1 Quarter
Vesting of restricted stock StockIssuedDuringPeriodValueShareBasedCompensationGross - USD 1 Quarter
Vesting of restricted stock StockIssuedDuringPeriodValueShareBasedCompensationGross - USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.71M USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.80M USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.89M USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.85M USD 1 Quarter
Employee stock relinquished for payment of taxes EmployeeStockRelinquishedForPaymentOfTaxes $8.41M USD 1 Quarter
Employee stock relinquished for payment of taxes EmployeeStockRelinquishedForPaymentOfTaxes $459.00K USD 1 Quarter
Employee stock relinquished for payment of taxes EmployeeStockRelinquishedForPaymentOfTaxes $14.00K USD 1 Quarter
Employee stock relinquished for payment of taxes EmployeeStockRelinquishedForPaymentOfTaxes $5.68M USD 1 Quarter
Ending balance (in shares) CommonStockSharesOutstanding 38.98M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 39.24M shares Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.24B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.24B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.35B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.29B USD Point-in-time
Changes in estimated recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $56.57M USD 1 Quarter
Changes in estimated recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $-15.78M USD 2 Qtrs
Changes in estimated recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $86.48M USD 2 Qtrs
Changes in estimated recoveries FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries $21.14M USD 1 Quarter
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.49M USD 1 Quarter
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.17M USD 1 Quarter
Noncontrolling Interest, Increase From Contributions NoncontrollingInterestIncreaseFromContributions $1.60M USD 1 Quarter
Long-Lived Assets NoncurrentAssets $97.01M USD Point-in-time
Long-Lived Assets NoncurrentAssets $110.06M USD Point-in-time
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $73.75M USD 2 Qtrs
Net income ProfitLoss $-52.74M USD 2 Qtrs
Net income ProfitLoss $1.16M USD 1 Quarter
Net income ProfitLoss $39.14M USD 1 Quarter
Currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $7.08M USD 1 Quarter
Currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-115.54M USD 1 Quarter
Currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $5.53M USD 2 Qtrs
Currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-103.27M USD 2 Qtrs
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $5.84M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-4.83M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $888.00K USD 2 Qtrs
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $18.58M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $5.72M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $24.42M USD 2 Qtrs
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-402.00K USD 2 Qtrs
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-80.00K USD 1 Quarter
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-160.00K USD 1 Quarter
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $128.00K USD 1 Quarter
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $48.00K USD 2 Qtrs
Debt securities available-for-sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-242.00K USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $-79.25M USD 2 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $-109.94M USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $6.47M USD 2 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $12.72M USD 1 Quarter
Total comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-70.81M USD 1 Quarter
Total comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-5.50M USD 2 Qtrs
Total comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-46.27M USD 2 Qtrs
Total comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $13.88M USD 1 Quarter
Less comprehensive income/(loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-3.18M USD 1 Quarter
Less comprehensive income/(loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $16.23M USD 2 Qtrs
Less comprehensive income/(loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $8.96M USD 1 Quarter
Less comprehensive income/(loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.04M USD 2 Qtrs
Comprehensive income/(loss) attributable to PRA Group, Inc. ComprehensiveIncomeNetOfTax $-62.51M USD 2 Qtrs
Comprehensive income/(loss) attributable to PRA Group, Inc. ComprehensiveIncomeNetOfTax $4.93M USD 1 Quarter
Comprehensive income/(loss) attributable to PRA Group, Inc. ComprehensiveIncomeNetOfTax $-67.63M USD 1 Quarter
Comprehensive income/(loss) attributable to PRA Group, Inc. ComprehensiveIncomeNetOfTax $-4.46M USD 2 Qtrs

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

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