XML 19 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flow from operating activities:    
Net income $ 41,635 $ 32,645
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Non-cash portion of credit loss provision 1,874 2,639
Share-based compensation expense 1,375 776
Depreciation and amortization expense 11,283 14,243
Amortization of debt issuance costs 480 467
Amortization of favorable/(unfavorable) lease intangibles, net (466) (237)
Deferred income taxes, net 1,609 12,550
Changes in operating assets and liabilities, net of business combinations:    
Fees and service charges receivable 3,844 3,865
Inventories 7,715 6,796
Prepaid expenses and other assets (3,174) 11,594
Accounts payable, accrued liabilities and other liabilities (2,478) (29,071)
Income taxes 27,619 7,598
Net cash flow provided by operating activities 91,316 63,865
Cash flow from investing activities:    
Loan receivables, net of cash repayments 56,220 67,189
Purchases of property and equipment (8,837) (8,076)
Acquisitions of pawn stores, net of cash acquired (13,364) (854)
Net cash flow provided by investing activities 34,019 58,259
Cash flow from financing activities:    
Borrowings from revolving unsecured credit facility 61,000 15,000
Repayments of revolving unsecured credit facility (85,000) (138,000)
Purchases of treasury stock (100,019) (10,005)
Dividends paid (10,245) (9,172)
Net cash flow used in financing activities (134,264) (142,177)
Effect of exchange rates on cash 4,914 3,246
Change in cash and cash equivalents (4,015) (16,807)
Cash and cash equivalents at beginning of the period 114,423 89,955
Cash and cash equivalents at end of the period $ 110,408 $ 73,148