Cash America 2010 Annual Report Download - page 131

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CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
102
Retail Services
(
a
)
E
-
Commerce
(b)
Domestic Foreign Total Domestic Foreign Total Consolidated
Year Ended December 31, 2010
Revenue
Pawn loan fees and service charges $ 221,335 $ 31,979 $ 253,314 $ - $ - $ - $ 253,314
Proceeds from disposition of merchandise 534,878 - 534,878 - - - 534,878
Consumer loan fees 113,973 - 113,973 275,036 101,943 376,979 490,952
Other 12,554 303 12,857 1,259 79 1,338 14,195
Total revenue 882,740 32,282 915,022 276,295 102,022 378,317 1,293,339
Cost of revenue – disposed merchandise 338,756 - 338,756 - - - 338,756
N
et revenue 543,984 32,282 576,266 276,295 102,022 378,317 954,583
Expenses
Operations 301,399 17,195 318,594 68,541 32,481 101,022 419,616
Consumer loan loss provision 17,437 - 17,437 116,246 48,711 164,957 182,394
Administration 44,008 8,100 52,108 37,077 12,333 49,410 101,518
Depreciation and amortization 29,839 5,525 35,364 8,283 276 8,559 43,923
Total expenses 392,683 30,820 423,503 230,147 93,801 323,948 747,451
Income from operations $ 151,301 $ 1,462 $ 152,763 $ 46,148 $ 8,221 $ 54,369 $ 207,132
Interest Expense $ (1,343) $ (5,497) $ (6,840) $ (13,701) $ (1,804) $ (15,505) $ (22,345)
Equity in loss of unconsolidated subsidiary $ (136) $ - $ (136) $ - $ - $ - $ (136)
Provision (benefit) for income taxes $ 55,878 $ (847) $ 55,031 $ 9,003 $ 5,235 $ 14,238 $ 69,269
Expenditures for property and equipment $ 40,751 $ 6,259 $ 47,010 $ 9,710 $ 2,977 $ 12,687 $ 59,697
As of December 31, 2010
Total assets $ 929,696 $ 123,044 $1,052,740 $ 312,642 $ 61,804 $ 374,446 $ 1,427,186
Goodwill $ 333,042 $ 210,282 $ 543,324