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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flow from operating activities:    
Net income $ 42,655 $ 41,635
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Non-cash portion of credit loss provision 1,335 1,874
Share-based compensation expense 2,315 1,375
Depreciation and amortization expense 9,874 11,283
Amortization of debt issuance costs 473 480
Amortization of favorable/(unfavorable) lease intangibles, net 0 (466)
Deferred income taxes, net 2,855 1,609
Changes in operating assets and liabilities, net of business combinations:    
Fees and service charges receivable 2,093 3,844
Inventories 5,874 7,715
Prepaid expenses and other assets 776 (3,174)
Accounts payable, accrued liabilities and other liabilities (3,560) (2,478)
Income taxes 7,007 27,619
Net cash flow provided by operating activities 71,697 91,316
Cash flow from investing activities:    
Loan receivables, net of cash repayments 42,216 56,220
Purchases of furniture, fixtures, equipment and improvements (9,658) (5,388)
Purchases of store real property (22,145) (3,449)
Acquisitions of pawn stores, net of cash acquired (24,520) (13,364)
Net cash flow provided by (used in) investing activities (14,107) 34,019
Cash flow from financing activities:    
Borrowings from revolving unsecured credit facility 43,000 61,000
Repayments of revolving unsecured credit facility (83,000) (85,000)
Purchases of treasury stock (29,599) (100,019)
Dividends paid (10,891) (10,245)
Net cash flow used in financing activities (80,490) (134,264)
Effect of exchange rates on cash 770 4,914
Change in cash and cash equivalents (22,130) (4,015)
Cash and cash equivalents at beginning of the period 71,793 114,423
Cash and cash equivalents at end of the period $ 49,663 $ 110,408