SEGMENT AND GEOGRAPHIC INFORMATION Segment Information The Company organizes its operations into two reportable segments as follows:  U.S. operations - Includes all pawn and unsecured consumer loan operations in the U.S.  Latin America operations - Includes all pawn operations in Latin America, which includes operations in Mexico, Guatemala, El Salvador and Colombia. Corporate expenses, which include administrative expenses, corporate depreciation and amortization, interest expense, interest income, merger and other acquisition expenses and loss (gain) on foreign exchange, are incurred or earned in both the U.S. and Latin America, but presented on a consolidated basis and are not allocated between the U.S. operations segment and Latin America operations segment. The following tables present reportable segment information for the years ended December 31, 2019 , 2018 and 2017 as well as separately identified segment assets (in thousands): Year Ended December 31, 2019 U.S. Operations Latin America Operations Corporate Consolidated Revenue: Retail merchandise sales $ 722,127 $ 453,434 $  $ 1,175,561 Pawn loan fees 379,395 185,429  564,824 Wholesale scrap jewelry sales 71,813 32,063  103,876 Consumer loan and credit services fees (1) 20,178   20,178 Total revenue 1,193,513 670,926  1,864,439 Cost of revenue: Cost of retail merchandise sold 447,911 297,950  745,861 Cost of wholesale scrap jewelry sold 65,941 30,131  96,072 Consumer loan and credit services loss provision (1) 4,159   4,159 Total cost of revenue 518,011 328,081  846,092 Net revenue 675,502 342,845  1,018,347 Expenses and other income: Store operating expenses 412,508 183,031  595,539 Administrative expenses   122,334 122,334 Depreciation and amortization 20,860 14,626 6,418 41,904 Interest expense   34,035 34,035 Interest income   (1,055 ) (1,055 ) Merger and other acquisition expenses   1,766 1,766 Loss on foreign exchange   (787 ) (787 ) Total expenses and other income 433,368 197,657 162,711 793,736 Income (loss) before income taxes $ 242,134 $ 145,188 $ (162,711 ) $ 224,611 As of December 31, 2019 U.S. Operations Latin America Operations Corporate Consolidated Pawn loans $ 268,793 $ 100,734 $  $ 369,527 Consumer loans, net (1) 751   751 Inventories 181,320 83,936  265,256 Goodwill 771,311 177,332  948,643 Total assets 1,767,504 574,059 97,877 2,439,440 (1) The Company ceased offering unsecured consumer lending and credit services products in all of its Ohio locations on April 26, 2019 and closed 52 Ohio locations during the second quarter of 2019. Year Ended December 31, 2018 U.S. Operations Latin America Operations Corporate Consolidated Revenue: Retail merchandise sales $ 709,594 $ 382,020 $  $ 1,091,614 Pawn loan fees 373,406 151,740  525,146 Wholesale scrap jewelry sales 85,718 22,103  107,821 Consumer loan and credit services fees (1) 55,417 860  56,277 Total revenue 1,224,135 556,723  1,780,858 Cost of revenue: Cost of retail merchandise sold 450,516 246,150  696,666 Cost of wholesale scrap jewelry sold 78,308 21,656  99,964 Consumer loan and credit services loss provision (1) 17,223 238  17,461 Total cost of revenue 546,047 268,044  814,091 Net revenue 678,088 288,679  966,767 Expenses and other income: Store operating expenses 414,097 149,224  563,321 Administrative expenses   120,042 120,042 Depreciation and amortization 21,021 11,333 10,607 42,961 Interest expense   29,173 29,173 Interest income   (2,444 ) (2,444 ) Merger and other acquisition expenses   7,643 7,643 Loss on foreign exchange   762 762 Total expenses and other income 435,118 160,557 165,783 761,458 Income (loss) before income taxes $ 242,970 $ 128,122 $ (165,783 ) $ 205,309 As of December 31, 2018 U.S. Operations Latin America Operations Corporate Consolidated Pawn loans $ 271,584 $ 91,357 $  $ 362,941 Consumer loans, net (1) 15,902   15,902 Inventories 199,978 75,152  275,130 Goodwill 759,538 157,881  917,419 Total assets 1,534,542 407,282 166,150 2,107,974 (1) Effective June 30, 2018, the Company no longer offers an unsecured consumer loan product in Latin America. Year Ended December 31, 2017 U.S. Operations Latin America Operations Corporate Consolidated Revenue: Retail merchandise sales $ 717,490 $ 333,609 $  $ 1,051,099 Pawn loan fees 380,596 130,309  510,905 Wholesale scrap jewelry sales 119,197 21,645  140,842 Consumer loan and credit services fees 75,209 1,767  76,976 Total revenue 1,292,492 487,330  1,779,822 Cost of revenue: Cost of retail merchandise sold 468,527 211,176  679,703 Cost of wholesale scrap jewelry sold 112,467 20,327  132,794 Consumer loan and credit services loss provision 19,431 388  19,819 Total cost of revenue 600,425 231,891  832,316 Net revenue 692,067 255,439  947,506 Expenses and other income: Store operating expenses (1) 423,214 128,977  552,191 Administrative expenses   122,473 122,473 Depreciation and amortization 24,073 10,311 20,849 55,233 Interest expense   24,035 24,035 Interest income   (1,597 ) (1,597 ) Merger and other acquisition expenses   9,062 9,062 Gain on foreign exchange (1)   (317 ) (317 ) Loss on extinguishment of debt   14,114 14,114 Total expenses and other income 447,287 139,288 188,619 775,194 Income (loss) before income taxes $ 244,780 $ 116,151 $ (188,619 ) $ 172,312 (1) The gain on foreign exchange for the Latin America operations segment of $0.3 million for 2017 was reclassified on the consolidated statements of income in order to conform with the presentation for the year ended December 31, 2019. The gain on foreign exchange was reclassified from store operating expenses and reported separately on the consolidated statements of income. As of December 31, 2017 U.S. Operations Latin America Operations Corporate Consolidated Pawn loans $ 276,570 $ 68,178 $  $ 344,748 Consumer loans, net 23,179 343  23,522 Inventories 216,739 60,032  276,771 Goodwill 743,997 87,148  831,145 Total assets 1,527,012 282,605 253,167 2,062,784 Geographic Information The following table shows revenue and long-lived assets (all non-current assets except operating lease right of use asset, goodwill, intangibles, net and deferred tax assets) by geographic area (in thousands): Year Ended December 31, 2019 2018 2017 Revenue: U.S. $ 1,193,513 $ 1,224,135 $ 1,292,492 Mexico 641,505 531,744 464,161 Other Latin America 29,421 24,979 23,169 $ 1,864,439 $ 1,780,858 $ 1,779,822 Long-lived assets: U.S. $ 254,395 $ 226,358 $ 227,659 Mexico 80,385 65,260 53,175 Other Latin America 12,893 9,265 3,552 $ 347,673 $ 300,883 $ 284,386