rm-10q_20220630.htm
false
2022
Q2
0001519401
--12-31
P1Y10M24D
P3Y
P5D
2022
2022-09-30
2024-09-30
P1Y
P3Y
P1Y
P2Y
2021-12-31
2023-08-31
2026-02-28
2021-12-31
2024-02-29
2026-02-28
P6Y
P6Y4M24D
P5Y7M6D
0001519401
2022-01-01
2022-06-30
xbrli:shares
0001519401
2022-08-03
iso4217:USD
0001519401
2022-06-30
0001519401
2021-12-31
iso4217:USD
xbrli:shares
0001519401
us-gaap:VariableInterestEntityPrimaryBeneficiaryMember
2022-06-30
0001519401
us-gaap:VariableInterestEntityPrimaryBeneficiaryMember
2021-12-31
0001519401
2022-04-01
2022-06-30
0001519401
2021-04-01
2021-06-30
0001519401
2021-01-01
2021-06-30
0001519401
us-gaap:CommonStockMember
2022-03-31
0001519401
us-gaap:AdditionalPaidInCapitalMember
2022-03-31
0001519401
us-gaap:RetainedEarningsMember
2022-03-31
0001519401
us-gaap:TreasuryStockMember
2022-03-31
0001519401
2022-03-31
0001519401
us-gaap:RetainedEarningsMember
2022-04-01
2022-06-30
0001519401
us-gaap:CommonStockMember
2022-04-01
2022-06-30
0001519401
us-gaap:AdditionalPaidInCapitalMember
2022-04-01
2022-06-30
0001519401
us-gaap:TreasuryStockMember
2022-04-01
2022-06-30
0001519401
us-gaap:CommonStockMember
2022-06-30
0001519401
us-gaap:AdditionalPaidInCapitalMember
2022-06-30
0001519401
us-gaap:RetainedEarningsMember
2022-06-30
0001519401
us-gaap:TreasuryStockMember
2022-06-30
0001519401
us-gaap:CommonStockMember
2021-03-31
0001519401
us-gaap:AdditionalPaidInCapitalMember
2021-03-31
0001519401
us-gaap:RetainedEarningsMember
2021-03-31
0001519401
us-gaap:TreasuryStockMember
2021-03-31
0001519401
2021-03-31
0001519401
us-gaap:RetainedEarningsMember
2021-04-01
2021-06-30
0001519401
us-gaap:CommonStockMember
2021-04-01
2021-06-30
0001519401
us-gaap:AdditionalPaidInCapitalMember
2021-04-01
2021-06-30
0001519401
us-gaap:TreasuryStockMember
2021-04-01
2021-06-30
0001519401
us-gaap:CommonStockMember
2021-06-30
0001519401
us-gaap:AdditionalPaidInCapitalMember
2021-06-30
0001519401
us-gaap:RetainedEarningsMember
2021-06-30
0001519401
us-gaap:TreasuryStockMember
2021-06-30
0001519401
2021-06-30
0001519401
us-gaap:CommonStockMember
2021-12-31
0001519401
us-gaap:AdditionalPaidInCapitalMember
2021-12-31
0001519401
us-gaap:RetainedEarningsMember
2021-12-31
0001519401
us-gaap:TreasuryStockMember
2021-12-31
0001519401
us-gaap:RetainedEarningsMember
2022-01-01
2022-06-30
0001519401
us-gaap:CommonStockMember
2022-01-01
2022-06-30
0001519401
us-gaap:AdditionalPaidInCapitalMember
2022-01-01
2022-06-30
0001519401
us-gaap:TreasuryStockMember
2022-01-01
2022-06-30
0001519401
us-gaap:CommonStockMember
2020-12-31
0001519401
us-gaap:AdditionalPaidInCapitalMember
2020-12-31
0001519401
us-gaap:RetainedEarningsMember
2020-12-31
0001519401
us-gaap:TreasuryStockMember
2020-12-31
0001519401
2020-12-31
0001519401
us-gaap:RetainedEarningsMember
2021-01-01
2021-06-30
0001519401
us-gaap:CommonStockMember
2021-01-01
2021-06-30
0001519401
us-gaap:AdditionalPaidInCapitalMember
2021-01-01
2021-06-30
0001519401
us-gaap:TreasuryStockMember
2021-01-01
2021-06-30
rm:Location
rm:State
0001519401
srt:RevisionOfPriorPeriodErrorCorrectionAdjustmentMember
2021-01-01
2021-06-30
0001519401
rm:SmallLoansMember
2022-06-30
0001519401
rm:SmallLoansMember
2021-12-31
0001519401
rm:LargeLoansMember
2022-06-30
0001519401
rm:LargeLoansMember
2021-12-31
0001519401
rm:RetailLoansMember
2022-06-30
0001519401
rm:RetailLoansMember
2021-12-31
rm:Rating
0001519401
rm:SmallLoansMember
rm:Grade1Member
2022-06-30
0001519401
rm:SmallLoansMember
rm:Grade2Member
2022-06-30
0001519401
rm:SmallLoansMember
rm:Grade3Member
2022-06-30
0001519401
rm:SmallLoansMember
rm:Grade4Member
2022-06-30
0001519401
rm:SmallLoansMember
rm:Grade5Member
2022-06-30
0001519401
rm:SmallLoansMember
rm:Grade6Member
2022-06-30
0001519401
rm:LargeLoansMember
rm:Grade1Member
2022-06-30
0001519401
rm:LargeLoansMember
rm:Grade2Member
2022-06-30
0001519401
rm:LargeLoansMember
rm:Grade3Member
2022-06-30
0001519401
rm:LargeLoansMember
rm:Grade4Member
2022-06-30
0001519401
rm:LargeLoansMember
rm:Grade5Member
2022-06-30
0001519401
rm:LargeLoansMember
rm:Grade6Member
2022-06-30
0001519401
rm:RetailLoansMember
rm:Grade2Member
2022-06-30
0001519401
rm:RetailLoansMember
rm:Grade3Member
2022-06-30
0001519401
rm:RetailLoansMember
rm:Grade4Member
2022-06-30
0001519401
rm:RetailLoansMember
rm:Grade5Member
2022-06-30
0001519401
rm:RetailLoansMember
rm:Grade6Member
2022-06-30
0001519401
rm:Grade1Member
2022-06-30
0001519401
rm:Grade2Member
2022-06-30
0001519401
rm:Grade3Member
2022-06-30
0001519401
rm:Grade4Member
2022-06-30
0001519401
rm:Grade5Member
2022-06-30
0001519401
rm:Grade6Member
2022-06-30
0001519401
rm:RetailLoansMember
rm:Grade1Member
2022-06-30
0001519401
rm:SmallLoansMember
rm:Grade1Member
2021-12-31
0001519401
rm:SmallLoansMember
rm:Grade2Member
2021-12-31
0001519401
rm:SmallLoansMember
rm:Grade3Member
2021-12-31
0001519401
rm:SmallLoansMember
rm:Grade4Member
2021-12-31
0001519401
rm:SmallLoansMember
rm:Grade5Member
2021-12-31
0001519401
rm:SmallLoansMember
rm:Grade6Member
2021-12-31
0001519401
rm:LargeLoansMember
rm:Grade1Member
2021-12-31
0001519401
rm:LargeLoansMember
rm:Grade2Member
2021-12-31
0001519401
rm:LargeLoansMember
rm:Grade3Member
2021-12-31
0001519401
rm:LargeLoansMember
rm:Grade4Member
2021-12-31
0001519401
rm:LargeLoansMember
rm:Grade5Member
2021-12-31
0001519401
rm:LargeLoansMember
rm:Grade6Member
2021-12-31
0001519401
rm:RetailLoansMember
rm:Grade1Member
2021-12-31
0001519401
rm:RetailLoansMember
rm:Grade2Member
2021-12-31
0001519401
rm:RetailLoansMember
rm:Grade3Member
2021-12-31
0001519401
rm:RetailLoansMember
rm:Grade4Member
2021-12-31
0001519401
rm:RetailLoansMember
rm:Grade5Member
2021-12-31
0001519401
rm:RetailLoansMember
rm:Grade6Member
2021-12-31
0001519401
rm:Grade1Member
2021-12-31
0001519401
rm:Grade2Member
2021-12-31
0001519401
rm:Grade3Member
2021-12-31
0001519401
rm:Grade4Member
2021-12-31
0001519401
rm:Grade5Member
2021-12-31
0001519401
rm:Grade6Member
2021-12-31
0001519401
rm:FinancingReceivablesCurrentMember
rm:SmallLoansMember
2022-06-30
0001519401
rm:FinancingReceivablesCurrentMember
rm:LargeLoansMember
2022-06-30
0001519401
rm:FinancingReceivablesCurrentMember
rm:RetailLoansMember
2022-06-30
0001519401
rm:FinancingReceivablesCurrentMember
2022-06-30
0001519401
us-gaap:FinancingReceivables1To29DaysPastDueMember
rm:SmallLoansMember
2022-06-30
0001519401
us-gaap:FinancingReceivables1To29DaysPastDueMember
rm:LargeLoansMember
2022-06-30
0001519401
us-gaap:FinancingReceivables1To29DaysPastDueMember
rm:RetailLoansMember
2022-06-30
0001519401
us-gaap:FinancingReceivables1To29DaysPastDueMember
2022-06-30
0001519401
us-gaap:FinancingReceivables30To59DaysPastDueMember
rm:SmallLoansMember
2022-06-30
0001519401
us-gaap:FinancingReceivables30To59DaysPastDueMember
rm:LargeLoansMember
2022-06-30
0001519401
us-gaap:FinancingReceivables30To59DaysPastDueMember
rm:RetailLoansMember
2022-06-30
0001519401
us-gaap:FinancingReceivables30To59DaysPastDueMember
2022-06-30
0001519401
us-gaap:FinancingReceivables60To89DaysPastDueMember
rm:SmallLoansMember
2022-06-30
0001519401
us-gaap:FinancingReceivables60To89DaysPastDueMember
rm:LargeLoansMember
2022-06-30
0001519401
us-gaap:FinancingReceivables60To89DaysPastDueMember
rm:RetailLoansMember
2022-06-30
0001519401
us-gaap:FinancingReceivables60To89DaysPastDueMember
2022-06-30
0001519401
rm:FinancingReceivables90To119DaysPastDueMember
rm:SmallLoansMember
2022-06-30
0001519401
rm:FinancingReceivables90To119DaysPastDueMember
rm:LargeLoansMember
2022-06-30
0001519401
rm:FinancingReceivables90To119DaysPastDueMember
rm:RetailLoansMember
2022-06-30
0001519401
rm:FinancingReceivables90To119DaysPastDueMember
2022-06-30
0001519401
rm:FinancingReceivables120To149DaysPastDueMember
rm:SmallLoansMember
2022-06-30
0001519401
rm:FinancingReceivables120To149DaysPastDueMember
rm:LargeLoansMember
2022-06-30
0001519401
rm:FinancingReceivables120To149DaysPastDueMember
rm:RetailLoansMember
2022-06-30
0001519401
rm:FinancingReceivables120To149DaysPastDueMember
2022-06-30
0001519401
rm:FinancingReceivables150To179DaysPastDueMember
rm:SmallLoansMember
2022-06-30
0001519401
rm:FinancingReceivables150To179DaysPastDueMember
rm:LargeLoansMember
2022-06-30
0001519401
rm:FinancingReceivables150To179DaysPastDueMember
rm:RetailLoansMember
2022-06-30
0001519401
rm:FinancingReceivables150To179DaysPastDueMember
2022-06-30
0001519401
rm:FinancingReceivablesTotalDelinquencyAccountsMember
rm:SmallLoansMember
2022-06-30
0001519401
rm:FinancingReceivablesTotalDelinquencyAccountsMember
rm:LargeLoansMember
2022-06-30
0001519401
rm:FinancingReceivablesTotalDelinquencyAccountsMember
rm:RetailLoansMember
2022-06-30
0001519401
rm:FinancingReceivablesTotalDelinquencyAccountsMember
2022-06-30
xbrli:pure
0001519401
rm:FinancingReceivablesCurrentMember
rm:SmallLoansMember
2021-12-31
0001519401
rm:FinancingReceivablesCurrentMember
rm:LargeLoansMember
2021-12-31
0001519401
rm:FinancingReceivablesCurrentMember
rm:RetailLoansMember
2021-12-31
0001519401
rm:FinancingReceivablesCurrentMember
2021-12-31
0001519401
us-gaap:FinancingReceivables1To29DaysPastDueMember
rm:SmallLoansMember
2021-12-31
0001519401
us-gaap:FinancingReceivables1To29DaysPastDueMember
rm:LargeLoansMember
2021-12-31
0001519401
us-gaap:FinancingReceivables1To29DaysPastDueMember
rm:RetailLoansMember
2021-12-31
0001519401
us-gaap:FinancingReceivables1To29DaysPastDueMember
2021-12-31
0001519401
us-gaap:FinancingReceivables30To59DaysPastDueMember
rm:SmallLoansMember
2021-12-31
0001519401
us-gaap:FinancingReceivables30To59DaysPastDueMember
rm:LargeLoansMember
2021-12-31
0001519401
us-gaap:FinancingReceivables30To59DaysPastDueMember
rm:RetailLoansMember
2021-12-31
0001519401
us-gaap:FinancingReceivables30To59DaysPastDueMember
2021-12-31
0001519401
us-gaap:FinancingReceivables60To89DaysPastDueMember
rm:SmallLoansMember
2021-12-31
0001519401
us-gaap:FinancingReceivables60To89DaysPastDueMember
rm:LargeLoansMember
2021-12-31
0001519401
us-gaap:FinancingReceivables60To89DaysPastDueMember
rm:RetailLoansMember
2021-12-31
0001519401
us-gaap:FinancingReceivables60To89DaysPastDueMember
2021-12-31
0001519401
rm:FinancingReceivables90To119DaysPastDueMember
rm:SmallLoansMember
2021-12-31
0001519401
rm:FinancingReceivables90To119DaysPastDueMember
rm:LargeLoansMember
2021-12-31
0001519401
rm:FinancingReceivables90To119DaysPastDueMember
rm:RetailLoansMember
2021-12-31
0001519401
rm:FinancingReceivables90To119DaysPastDueMember
2021-12-31
0001519401
rm:FinancingReceivables120To149DaysPastDueMember
rm:SmallLoansMember
2021-12-31
0001519401
rm:FinancingReceivables120To149DaysPastDueMember
rm:LargeLoansMember
2021-12-31
0001519401
rm:FinancingReceivables120To149DaysPastDueMember
rm:RetailLoansMember
2021-12-31
0001519401
rm:FinancingReceivables120To149DaysPastDueMember
2021-12-31
0001519401
rm:FinancingReceivables150To179DaysPastDueMember
rm:SmallLoansMember
2021-12-31
0001519401
rm:FinancingReceivables150To179DaysPastDueMember
rm:LargeLoansMember
2021-12-31
0001519401
rm:FinancingReceivables150To179DaysPastDueMember
rm:RetailLoansMember
2021-12-31
0001519401
rm:FinancingReceivables150To179DaysPastDueMember
2021-12-31
0001519401
rm:FinancingReceivablesTotalDelinquencyAccountsMember
rm:SmallLoansMember
2021-12-31
0001519401
rm:FinancingReceivablesTotalDelinquencyAccountsMember
rm:LargeLoansMember
2021-12-31
0001519401
rm:FinancingReceivablesTotalDelinquencyAccountsMember
rm:RetailLoansMember
2021-12-31
0001519401
rm:FinancingReceivablesTotalDelinquencyAccountsMember
2021-12-31
0001519401
rm:SmallLoansMember
2022-03-31
0001519401
rm:LargeLoansMember
2022-03-31
0001519401
rm:RetailLoansMember
2022-03-31
0001519401
rm:SmallLoansMember
2022-04-01
2022-06-30
0001519401
rm:LargeLoansMember
2022-04-01
2022-06-30
0001519401
rm:RetailLoansMember
2022-04-01
2022-06-30
0001519401
rm:SmallLoansMember
2021-03-31
0001519401
rm:LargeLoansMember
2021-03-31
0001519401
rm:RetailLoansMember
2021-03-31
0001519401
rm:SmallLoansMember
2021-04-01
2021-06-30
0001519401
rm:LargeLoansMember
2021-04-01
2021-06-30
0001519401
rm:RetailLoansMember
2021-04-01
2021-06-30
0001519401
rm:SmallLoansMember
2021-06-30
0001519401
rm:LargeLoansMember
2021-06-30
0001519401
rm:RetailLoansMember
2021-06-30
0001519401
rm:SmallLoansMember
2022-01-01
2022-06-30
0001519401
rm:LargeLoansMember
2022-01-01
2022-06-30
0001519401
rm:RetailLoansMember
2022-01-01
2022-06-30
0001519401
rm:SmallLoansMember
2020-12-31
0001519401
rm:LargeLoansMember
2020-12-31
0001519401
rm:RetailLoansMember
2020-12-31
0001519401
rm:SmallLoansMember
2021-01-01
2021-06-30
0001519401
rm:LargeLoansMember
2021-01-01
2021-06-30
0001519401
rm:RetailLoansMember
2021-01-01
2021-06-30
0001519401
rm:PortfolioGrowthReserveBuildMember
2022-04-01
2022-06-30
0001519401
rm:PortfolioGrowthReserveBuildMember
2022-01-01
2022-06-30
0001519401
rm:ChangeInEconomicForecastMember
2021-04-01
2021-06-30
0001519401
rm:ChangeInEconomicForecastMember
2021-01-01
2021-06-30
0001519401
rm:TroubledDebtRestructuringsMember
rm:SmallLoansMember
2022-06-30
0001519401
rm:TroubledDebtRestructuringsMember
rm:LargeLoansMember
2022-06-30
0001519401
rm:TroubledDebtRestructuringsMember
rm:RetailLoansMember
2022-06-30
0001519401
rm:TroubledDebtRestructuringsMember
2022-06-30
0001519401
rm:TroubledDebtRestructuringsMember
rm:SmallLoansMember
2021-06-30
0001519401
rm:TroubledDebtRestructuringsMember
rm:LargeLoansMember
2021-06-30
0001519401
rm:TroubledDebtRestructuringsMember
rm:RetailLoansMember
2021-06-30
0001519401
rm:TroubledDebtRestructuringsMember
2021-06-30
rm:Loan
0001519401
us-gaap:LondonInterbankOfferedRateLIBORMember
2022-06-30
0001519401
us-gaap:LondonInterbankOfferedRateLIBORMember
2021-12-31
0001519401
rm:InterestRateCapContractsMember
2022-04-01
2022-04-30
0001519401
rm:InterestRateCapContractsMember
2022-04-30
0001519401
rm:InterestRateCapContractsMember
2022-06-30
0001519401
rm:InterestRateCapContractsMember
2022-06-01
2022-06-30
0001519401
rm:InterestRateCapOneMember
2022-01-01
2022-06-30
0001519401
rm:InterestRateCapTwoMember
2022-01-01
2022-06-30
0001519401
rm:InterestRateCapOneMember
2022-06-30
0001519401
rm:InterestRateCapTwoMember
2022-06-30
0001519401
rm:SeniorRevolvingCreditFacilityMember
2022-06-30
0001519401
rm:RMRIIRevolvingWarehouseCreditFacilityMember
2022-06-30
0001519401
rm:RMRIVRevolvingWarehouseCreditFacilityMember
2022-06-30
0001519401
rm:RMRVRevolvingWarehouseCreditFacilityMember
2022-06-30
0001519401
rm:RMITTwoThousandTwentyDashOneSecuritizationMember
2022-06-30
0001519401
rm:RMITTwoThousandTwentyOneDashOneSecuritizationMember
2022-06-30
0001519401
rm:RMITTwoThousandTwentyOneDashTwoSecuritizationMember
2022-06-30
0001519401
rm:RMITTwoThousandTwentyOneDashThreeSecuritizationMember
2022-06-30
0001519401
rm:RMITTwoThousandTwentyTwoDashOneSecuritizationMember
2022-06-30
0001519401
rm:SeniorRevolvingCreditFacilityMember
2021-12-31
0001519401
rm:RMRIIRevolvingWarehouseCreditFacilityMember
2021-12-31
0001519401
rm:RMRIVRevolvingWarehouseCreditFacilityMember
2021-12-31
0001519401
rm:RMRVRevolvingWarehouseCreditFacilityMember
2021-12-31
0001519401
rm:RMITTwoThousandNineDashOneSecuritizationMember
2021-12-31
0001519401
rm:RMITTwoThousandTwentyDashOneSecuritizationMember
2021-12-31
0001519401
rm:RMITTwoThousandTwentyOneDashOneSecuritizationMember
2021-12-31
0001519401
rm:RMITTwoThousandTwentyOneDashTwoSecuritizationMember
2021-12-31
0001519401
rm:RMITTwoThousandTwentyOneDashThreeSecuritizationMember
2021-12-31
0001519401
us-gaap:RevolvingCreditFacilityMember
rm:SeniorRevolvingCreditFacilityPriorToDecemberSeventeenTwoThousandTwentyOneMember
2021-12-31
0001519401
us-gaap:RevolvingCreditFacilityMember
rm:SeniorRevolvingCreditFacilityMember
2021-12-31
0001519401
us-gaap:RevolvingCreditFacilityMember
rm:SeniorRevolvingCreditFacilityPriorToDecemberSeventeenTwoThousandTwentyOneMember
2021-01-01
2021-12-31
0001519401
us-gaap:RevolvingCreditFacilityMember
rm:SeniorRevolvingCreditFacilityMember
2021-01-01
2021-12-31
0001519401
us-gaap:RevolvingCreditFacilityMember
rm:SeniorRevolvingCreditFacilityMember
2022-06-30
0001519401
rm:SeniorRevolvingCreditFacilityMember
rm:UnrestrictedCashMember
2022-06-30
0001519401
rm:SeniorRevolvingCreditFacilityMember
us-gaap:LondonInterbankOfferedRateLIBORMember
srt:MinimumMember
2022-06-30
0001519401
rm:SeniorRevolvingCreditFacilityMember
us-gaap:LondonInterbankOfferedRateLIBORMember
2022-01-01
2022-06-30
0001519401
us-gaap:RevolvingCreditFacilityMember
rm:SeniorRevolvingCreditFacilityMember
2022-01-01
2022-06-30
0001519401
rm:ContractualPriorityPaymentsMember
2022-06-30
0001519401
rm:ContractualPriorityPaymentsMember
2021-12-31
0001519401
rm:RMRIIRevolvingWarehouseCreditFacility1Member
2022-01-01
2022-06-30
0001519401
rm:RMRIIRevolvingWarehouseCreditFacility1Member
2021-03-31
0001519401
rm:RMRIIRevolvingWarehouseCreditFacility1Member
2022-06-30
0001519401
rm:RMRIIRevolvingWarehouseCreditFacility1Member
us-gaap:LondonInterbankOfferedRateLIBORMember
rm:DebtInstrumentVariableRateBaseConditionTwoMember
2021-03-01
2021-03-31
0001519401
rm:RMRIIRevolvingWarehouseCreditFacility1Member
us-gaap:LondonInterbankOfferedRateLIBORMember
rm:DebtInstrumentVariableRateBaseConditionTwoMember
2022-01-01
2022-06-30
0001519401
rm:RMRIIRevolvingWarehouseCreditFacility1Member
srt:MinimumMember
2022-01-01
2022-06-30
0001519401
rm:RMRIIRevolvingWarehouseCreditFacility1Member
srt:MaximumMember
2022-01-01
2022-06-30
0001519401
rm:RMRIVRevolvingWarehouseCreditFacilityMember
2022-01-01
2022-06-30
0001519401
rm:RMRIVRevolvingWarehouseCreditFacilityMember
us-gaap:LondonInterbankOfferedRateLIBORMember
rm:DebtInstrumentVariableRateBaseConditionTwoMember
2022-01-01
2022-06-30
0001519401
rm:RMRIVRevolvingWarehouseCreditFacilityMember
srt:MinimumMember
2022-01-01
2022-06-30
0001519401
rm:RMRIVRevolvingWarehouseCreditFacilityMember
srt:MaximumMember
2022-01-01
2022-06-30
0001519401
rm:RMRVRevolvingWarehouseCreditFacilityMember
2022-01-01
2022-06-30
0001519401
rm:RMRVRevolvingWarehouseCreditFacilityMember
us-gaap:LondonInterbankOfferedRateLIBORMember
rm:DebtInstrumentVariableRateBaseConditionTwoMember
2022-01-01
2022-06-30
0001519401
rm:RMRVRevolvingWarehouseCreditFacilityMember
srt:MinimumMember
2022-01-01
2022-06-30
0001519401
rm:RMRVRevolvingWarehouseCreditFacilityMember
srt:MaximumMember
2022-01-01
2022-06-30
0001519401
rm:RMITTwoThousandTwentyDashOneSecuritizationMember
2020-09-01
2020-09-30
0001519401
rm:RMITTwoThousandTwentyDashOneSecuritizationMember
2022-01-01
2022-06-30
0001519401
rm:RMITTwoThousandTwentyOneDashOneSecuritizationMember
2021-02-01
2021-02-28
0001519401
rm:RMITTwoThousandTwentyOneDashTwoSecuritizationMember
2021-07-01
2021-07-31
0001519401
rm:RMITTwoThousandTwentyOneDashOneSecuritizationMember
2022-01-01
2022-06-30
0001519401
rm:RMITTwoThousandTwentyOneDashTwoSecuritizationMember
2022-01-01
2022-06-30
0001519401
rm:RMITTwoThousandTwentyOneDashThreeSecuritizationMember
2021-10-01
2021-10-31
0001519401
rm:RMITTwoThousandTwentyTwoDashOneSecuritizationMember
2022-01-01
2022-06-30
0001519401
rm:RMITTwoThousandTwentyOneDashThreeSecuritizationMember
2022-01-01
2022-06-30
0001519401
2020-10-31
0001519401
2020-10-01
2021-05-31
0001519401
2021-05-31
0001519401
2021-05-01
2022-01-31
0001519401
2021-08-01
2021-08-31
0001519401
2021-08-31
0001519401
2022-02-28
0001519401
2022-02-01
2022-02-28
0001519401
2022-02-01
2022-05-31
0001519401
us-gaap:CarryingReportedAmountFairValueDisclosureMember
us-gaap:FairValueInputsLevel1Member
2022-06-30
0001519401
us-gaap:EstimateOfFairValueFairValueDisclosureMember
us-gaap:FairValueInputsLevel1Member
2022-06-30
0001519401
us-gaap:CarryingReportedAmountFairValueDisclosureMember
us-gaap:FairValueInputsLevel1Member
2021-12-31
0001519401
us-gaap:EstimateOfFairValueFairValueDisclosureMember
us-gaap:FairValueInputsLevel1Member
2021-12-31
0001519401
us-gaap:CarryingReportedAmountFairValueDisclosureMember
us-gaap:FairValueInputsLevel2Member
2022-06-30
0001519401
us-gaap:EstimateOfFairValueFairValueDisclosureMember
us-gaap:FairValueInputsLevel2Member
2022-06-30
0001519401
us-gaap:CarryingReportedAmountFairValueDisclosureMember
us-gaap:FairValueInputsLevel2Member
2021-12-31
0001519401
us-gaap:EstimateOfFairValueFairValueDisclosureMember
us-gaap:FairValueInputsLevel2Member
2021-12-31
0001519401
us-gaap:CarryingReportedAmountFairValueDisclosureMember
us-gaap:FairValueInputsLevel3Member
2022-06-30
0001519401
us-gaap:EstimateOfFairValueFairValueDisclosureMember
us-gaap:FairValueInputsLevel3Member
2022-06-30
0001519401
us-gaap:CarryingReportedAmountFairValueDisclosureMember
us-gaap:FairValueInputsLevel3Member
2021-12-31
0001519401
us-gaap:EstimateOfFairValueFairValueDisclosureMember
us-gaap:FairValueInputsLevel3Member
2021-12-31
0001519401
us-gaap:StockCompensationPlanMember
2022-04-01
2022-06-30
0001519401
us-gaap:StockCompensationPlanMember
2021-04-01
2021-06-30
0001519401
us-gaap:StockCompensationPlanMember
2022-01-01
2022-06-30
0001519401
us-gaap:StockCompensationPlanMember
2021-01-01
2021-06-30
0001519401
us-gaap:StockCompensationPlanMember
rm:TwoThousandFifteenLongTermIncentivePlanMember
2022-06-30
0001519401
us-gaap:StockCompensationPlanMember
rm:TwoThousandFifteenLongTermIncentivePlanMember
2021-01-01
2021-12-31
0001519401
us-gaap:StockCompensationPlanMember
rm:TwoThousandFifteenLongTermIncentivePlanMember
2015-04-22
0001519401
rm:TwoThousandFifteenLongTermIncentivePlanMember
2022-06-30
0001519401
us-gaap:StockCompensationPlanMember
rm:TwoThousandFifteenLongTermIncentivePlanMember
2022-01-01
2022-06-30
0001519401
us-gaap:StockCompensationPlanMember
2022-04-01
2022-06-30
0001519401
us-gaap:StockCompensationPlanMember
2021-04-01
2021-06-30
0001519401
us-gaap:StockCompensationPlanMember
2022-01-01
2022-06-30
0001519401
us-gaap:StockCompensationPlanMember
2021-01-01
2021-06-30
0001519401
us-gaap:StockCompensationPlanMember
2022-06-30
0001519401
srt:MinimumMember
rm:LongTermIncentivePlanMember
2021-01-01
2021-12-31
0001519401
srt:MaximumMember
rm:LongTermIncentivePlanMember
2021-01-01
2021-12-31
0001519401
srt:MinimumMember
rm:LongTermIncentivePlanMember
2022-01-01
2022-06-30
0001519401
srt:MaximumMember
rm:LongTermIncentivePlanMember
2022-01-01
2022-06-30
0001519401
rm:LongTermIncentivePlanMember
2021-01-01
2021-12-31
0001519401
rm:LongTermIncentivePlanMember
2022-01-01
2022-06-30
0001519401
srt:MinimumMember
us-gaap:RestrictedStockMember
rm:KeyTeamMemberIncentivePlanMember
2022-01-01
2022-06-30
0001519401
srt:MaximumMember
us-gaap:RestrictedStockMember
rm:KeyTeamMemberIncentivePlanMember
2022-01-01
2022-06-30
0001519401
us-gaap:RestrictedStockMember
rm:KeyTeamMemberIncentivePlanMember
2022-01-01
2022-06-30
0001519401
srt:DirectorMember
2022-01-01
2022-06-30
0001519401
rm:GradedAndCliffVestingMember
srt:MaximumMember
2022-01-01
2022-06-30
0001519401
rm:BlackScholesOptionPricingModelMember
2022-01-01
2022-06-30
0001519401
rm:BlackScholesOptionPricingModelMember
2021-01-01
2021-06-30
0001519401
us-gaap:PerformanceSharesMember
rm:MonteCarloValuationModelMember
2022-01-01
2022-06-30
0001519401
us-gaap:PerformanceSharesMember
rm:MonteCarloValuationModelMember
2021-01-01
2021-06-30
0001519401
us-gaap:PerformanceSharesMember
2022-01-01
2022-06-30
0001519401
us-gaap:PerformanceSharesMember
2022-06-30
0001519401
us-gaap:PerformanceSharesMember
2022-04-01
2022-06-30
0001519401
us-gaap:PerformanceSharesMember
2021-04-01
2021-06-30
0001519401
us-gaap:PerformanceSharesMember
2021-01-01
2021-06-30
0001519401
us-gaap:RestrictedStockUnitsRSUMember
2021-12-31
0001519401
us-gaap:RestrictedStockUnitsRSUMember
2022-01-01
2022-06-30
0001519401
us-gaap:RestrictedStockUnitsRSUMember
2022-06-30
0001519401
us-gaap:RestrictedStockUnitsRSUMember
2021-01-01
2021-06-30
0001519401
us-gaap:RestrictedStockUnitsRSUMember
2022-04-01
2022-06-30
0001519401
us-gaap:RestrictedStockMember
2021-12-31
0001519401
us-gaap:RestrictedStockMember
2022-01-01
2022-06-30
0001519401
us-gaap:RestrictedStockMember
2022-06-30
0001519401
us-gaap:RestrictedStockMember
2022-04-01
2022-06-30
0001519401
us-gaap:RestrictedStockMember
2021-04-01
2021-06-30
0001519401
us-gaap:RestrictedStockMember
2021-01-01
2021-06-30
0001519401
us-gaap:SubsequentEventMember
2022-08-03
2022-08-03
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
|
|
☒ |
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the quarterly period ended June 30, 2022
OR
|
|
☐ |
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period ended
Commission File Number: 001-35477
Regional Management Corp.
(Exact name of registrant as specified in its charter)
|
|
Delaware |
57-0847115 |
(State or other jurisdiction of
incorporation or organization) |
(I.R.S. Employer
Identification No.) |
|
|
979 Batesville Road, Suite B
Greer, South Carolina |
29651 |
(Address of principal executive offices) |
(Zip Code) |
(864) 448-7000
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
|
|
Trading Symbol
|
|
Name of Each Exchange on Which Registered
|
Common Stock, $0.10 par value |
|
RM |
|
New York Stock Exchange |
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
|
|
|
|
Large accelerated filer |
☐ |
Accelerated filer |
☒ |
|
|
|
|
Non-accelerated filer |
☐ |
Smaller reporting company |
☐ |
|
|
|
|
|
|
Emerging growth company |
☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
As of August 3, 2022, the registrant had outstanding 9,582,094 shares of Common Stock, $0.10 par value.
2
ITEM 1. |
FINANCIAL STATEMENTS. |
Regional Management Corp. and Subsidiaries
Consolidated Balance Sheets
(in thousands, except par value amounts)
|
|
June 30, 2022 |
|
|
|
|
|
|
|
(Unaudited) |
|
|
December 31, 2021 |
|
Assets |
|
|
|
|
|
|
|
|
Cash |
|
$ |
7,928 |
|
|
$ |
10,507 |
|
Net finance receivables |
|
|
1,525,659 |
|
|
|
1,426,257 |
|
Unearned insurance premiums |
|
|
(48,986 |
) |
|
|
(47,837 |
) |
Allowance for credit losses |
|
|
(167,500 |
) |
|
|
(159,300 |
) |
Net finance receivables, less unearned insurance premiums and
allowance for credit losses |
|
|
1,309,173 |
|
|
|
1,219,120 |
|
Restricted cash |
|
|
144,802 |
|
|
|
138,682 |
|
Lease assets |
|
|
28,555 |
|
|
|
28,721 |
|
Deferred tax assets, net |
|
|
19,798 |
|
|
|
18,420 |
|
Property and equipment |
|
|
12,808 |
|
|
|
12,938 |
|
Intangible assets |
|
|
10,312 |
|
|
|
9,517 |
|
Other assets |
|
|
14,568 |
|
|
|
21,757 |
|
Total assets |
|
$ |
1,547,944 |
|
|
$ |
1,459,662 |
|
Liabilities and Stockholders’ Equity |
|
|
|
|
|
|
|
|
Liabilities: |
|
|
|
|
|
|
|
|
Debt |
|
$ |
1,194,570 |
|
|
$ |
1,107,953 |
|
Unamortized debt issuance costs |
|
|
(10,819 |
) |
|
|
(11,010 |
) |
Net debt |
|
|
1,183,751 |
|
|
|
1,096,943 |
|
Accounts payable and accrued expenses |
|
|
34,492 |
|
|
|
49,283 |
|
Lease liabilities |
|
|
31,117 |
|
|
|
30,700 |
|
Total liabilities |
|
|
1,249,360 |
|
|
|
1,176,926 |
|
Commitments and contingencies (Note 11) |
|
|
|
|
|
|
|
|
Stockholders’ equity: |
|
|
|
|
|
|
|
|
Preferred stock ($0.10 par value, 100,000 shares authorized, none issued or outstanding) |
|
|
— |
|
|
|
— |
|
Common stock ($0.10 par value, 1,000,000 shares authorized, 14,390 shares issued and 9,584 shares outstanding at June 30, 2022 and 14,157 shares issued and 9,788 shares outstanding at December 31, 2021) |
|
|
1,439 |
|
|
|
1,416 |
|
Additional paid-in capital |
|
|
108,345 |
|
|
|
104,745 |
|
Retained earnings |
|
|
338,943 |
|
|
|
306,105 |
|
Treasury stock (4,807 shares at June 30, 2022 and 4,370 shares at December 31, 2021) |
|
|
(150,143 |
) |
|
|
(129,530 |
) |
Total stockholders’ equity |
|
|
298,584 |
|
|
|
282,736 |
|
Total liabilities and stockholders’ equity |
|
$ |
1,547,944 |
|
|
$ |
1,459,662 |
|
The following table presents the assets and liabilities of our consolidated variable interest entities:
Assets |
|
|
|
|
|
|
|
|
Cash |
|
$ |
362 |
|
|
$ |
364 |
|
Net finance receivables |
|
|
1,118,925 |
|
|
|
1,004,954 |
|
Allowance for credit losses |
|
|
(120,462 |
) |
|
|
(109,898 |
) |
Restricted cash |
|
|
123,714 |
|
|
|
118,818 |
|
Other assets |
|
|
86 |
|
|
|
4 |
|
Total assets |
|
$ |
1,122,625 |
|
|
$ |
1,014,242 |
|
Liabilities |
|
|
|
|
|
|
|
|
Net debt |
|
$ |
1,106,594 |
|
|
$ |
986,223 |
|
Accounts payable and accrued expenses |
|
|
103 |
|
|
|
71 |
|
Total liabilities |
|
$ |
1,106,697 |
|
|
$ |
986,294 |
|
See accompanying notes to consolidated financial statements.
3
Regional Management Corp. and Subsidiaries
Consolidated Statements of Income
(Unaudited)
(in thousands, except per share amounts)
|
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
Revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest and fee income |
|
$ |
109,771 |
|
|
$ |
88,793 |
|
|
$ |
217,402 |
|
|
$ |
176,072 |
|
Insurance income, net |
|
|
10,220 |
|
|
|
8,656 |
|
|
|
20,764 |
|
|
|
16,641 |
|
Other income |
|
|
2,880 |
|
|
|
2,227 |
|
|
|
5,553 |
|
|
|
4,694 |
|
Total revenue |
|
|
122,871 |
|
|
|
99,676 |
|
|
|
243,719 |
|
|
|
197,407 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Provision for credit losses |
|
|
45,400 |
|
|
|
20,549 |
|
|
|
76,258 |
|
|
|
31,911 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Personnel |
|
|
33,941 |
|
|
|
28,370 |
|
|
|
69,595 |
|
|
|
57,221 |
|
Occupancy |
|
|
6,156 |
|
|
|
5,568 |
|
|
|
11,964 |
|
|
|
11,588 |
|
Marketing |
|
|
4,108 |
|
|
|
4,776 |
|
|
|
7,199 |
|
|
|
7,486 |
|
Other |
|
|
9,916 |
|
|
|
7,675 |
|
|
|
20,463 |
|
|
|
15,937 |
|
Total general and administrative expenses |
|
|
54,121 |
|
|
|
46,389 |
|
|
|
109,221 |
|
|
|
92,232 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
|
7,564 |
|
|
|
7,801 |
|
|
|
7,505 |
|
|
|
14,936 |
|
Income before income taxes |
|
|
15,786 |
|
|
|
24,937 |
|
|
|
50,735 |
|
|
|
58,328 |
|
Income taxes |
|
|
3,804 |
|
|
|
4,771 |
|
|
|
11,970 |
|
|
|
12,640 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
$ |
11,982 |
|
|
$ |
20,166 |
|
|
$ |
38,765 |
|
|
$ |
45,688 |
|
Net income per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
1.29 |
|
|
$ |
1.98 |
|
|
$ |
4.13 |
|
|
$ |
4.41 |
|
Diluted |
|
$ |
1.24 |
|
|
$ |
1.87 |
|
|
$ |
3.94 |
|
|
$ |
4.18 |
|
Weighted-average common shares outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
|
9,261 |
|
|
|
10,200 |
|
|
|
9,396 |
|
|
|
10,371 |
|
Diluted |
|
|
9,669 |
|
|
|
10,797 |
|
|
|
9,845 |
|
|
|
10,931 |
|
See accompanying notes to consolidated financial statements.
4
Regional Management Corp. and Subsidiaries
Consolidated Statements of Stockholders’ Equity
(Unaudited)
(in thousands)
|
|
Three Months Ended June 30, 2022 |
|
|
|
Common Stock |
|
|
Additional Paid-In |
|
|
Retained |
|
|
Treasury |
|
|
|
|
|
|
|
Shares |
|
|
Amount |
|
|
Capital |
|
|
Earnings |
|
|
Stock |
|
|
Total |
|
Balance, March 31, 2022 |
|
|
14,360 |
|
|
$ |
1,436 |
|
|
$ |
105,989 |
|
|
$ |
329,878 |
|
|
$ |
(138,561 |
) |
|
$ |
298,742 |
|
Cash dividends |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(2,917 |
) |
|
|
— |
|
|
|
(2,917 |
) |
Issuance of restricted stock awards |
|
|
40 |
|
|
|
4 |
|
|
|
(4 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Exercise of stock options |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Repurchase of common stock |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(11,582 |
) |
|
|
(11,582 |
) |
Shares withheld related to net share settlement |
|
|
(10 |
) |
|
|
(1 |
) |
|
|
(387 |
) |
|
|
— |
|
|
|
— |
|
|
|
(388 |
) |
Share-based compensation |
|
|
— |
|
|
|
— |
|
|
|
2,747 |
|
|
|
— |
|
|
|
— |
|
|
|
2,747 |
|
Net income |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
11,982 |
|
|
|
— |
|
|
|
11,982 |
|
Balance, June 30, 2022 |
|
|
14,390 |
|
|
$ |
1,439 |
|
|
$ |
108,345 |
|
|
$ |
338,943 |
|
|
$ |
(150,143 |
) |
|
$ |
298,584 |
|
|
|
Three Months Ended June 30, 2021 |
|
|
|
Common Stock |
|
|
Additional Paid-In |
|
|
Retained |
|
|
Treasury |
|
|
|
|
|
|
|
Shares |
|
|
Amount |
|
|
Capital |
|
|
Earnings |
|
|
Stock |
|
|
Total |
|
Balance, March 31, 2021 |
|
|
14,063 |
|
|
$ |
1,406 |
|
|
$ |
105,493 |
|
|
$ |
250,659 |
|
|
$ |
(73,922 |
) |
|
$ |
283,636 |
|
Cash dividends |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(2,653 |
) |
|
|
— |
|
|
|
(2,653 |
) |
Issuance of restricted stock awards |
|
|
18 |
|
|
|
1 |
|
|
|
(1 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Exercise of stock options |
|
|
213 |
|
|
|
21 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
21 |
|
Repurchase of common stock |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(22,190 |
) |
|
|
(22,190 |
) |
Shares withheld related to net share settlement |
|
|
(153 |
) |
|
|
(14 |
) |
|
|
(1,849 |
) |
|
|
— |
|
|
|
— |
|
|
|
(1,863 |
) |
Share-based compensation |
|
|
— |
|
|
|
— |
|
|
|
1,866 |
|
|
|
— |
|
|
|
— |
|
|
|
1,866 |
|
Net income |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
20,166 |
|
|
|
— |
|
|
|
20,166 |
|
Balance, June 30, 2021 |
|
|
14,141 |
|
|
$ |
1,414 |
|
|
$ |
105,509 |
|
|
$ |
268,172 |
|
|
$ |
(96,112 |
) |
|
$ |
278,983 |
|
5
|
|
Six Months Ended June 30, 2022 |
|
|
|
Common Stock |
|
|
Additional Paid-In |
|
|
Retained |
|
|
Treasury |
|
|
|
|
|
|
|
Shares |
|
|
Amount |
|
|
Capital |
|
|
Earnings |
|
|
Stock |
|
|
Total |
|
Balance, December 31, 2021 |
|
|
14,157 |
|
|
$ |
1,416 |
|
|
$ |
104,745 |
|
|
$ |
306,105 |
|
|
$ |
(129,530 |
) |
|
$ |
282,736 |
|
Cash dividends |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(5,927 |
) |
|
|
— |
|
|
|
(5,927 |
) |
Issuance of restricted stock awards |
|
|
218 |
|
|
|
22 |
|
|
|
(22 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Exercise of stock options |
|
|
61 |
|
|
|
6 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
6 |
|
Repurchase of common stock |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(20,613 |
) |
|
|
(20,613 |
) |
Shares withheld related to net share settlement |
|
|
(46 |
) |
|
|
(5 |
) |
|
|
(1,231 |
) |
|
|
— |
|
|
|
— |
|
|
|
(1,236 |
) |
Share-based compensation |
|
|
— |
|
|
|
— |
|
|
|
4,853 |
|
|
|
— |
|
|
|
— |
|
|
|
4,853 |
|
Net income |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
38,765 |
|
|
|
— |
|
|
|
38,765 |
|
Balance, June 30, 2022 |
|
|
14,390 |
|
|
$ |
1,439 |
|
|
$ |
108,345 |
|
|
$ |
338,943 |
|
|
$ |
(150,143 |
) |
|
$ |
298,584 |
|
|
|
Six Months Ended June 30, 2021 |
|
|
|
Common Stock |
|
|
Additional Paid-In |
|
|
Retained |
|
|
Treasury |
|
|
|
|
|
|
|
Shares |
|
|
Amount |
|
|
Capital |
|
|
Earnings |
|
|
Stock |
|
|
Total |
|
Balance, December 31, 2020 |
|
|
13,851 |
|
|
$ |
1,385 |
|
|
$ |
105,483 |
|
|
$ |
227,343 |
|
|
$ |
(62,088 |
) |
|
$ |
272,123 |
|
Cash Dividends |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(4,859 |
) |
|
|
|