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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flow from operating activities:    
Net income $ 75,703 $ 71,806
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Non-cash portion of credit loss provision 2,262 4,291
Share-based compensation expense 4,630 2,750
Depreciation and amortization expense 20,384 22,235
Amortization of debt issuance costs 949 963
Amortization of favorable/(unfavorable) lease intangibles, net 0 (356)
Deferred income taxes, net 5,594 2,801
Changes in operating assets and liabilities, net of business combinations:    
Fees and service charges receivable (537) 553
Inventories 4,461 8,931
Prepaid expenses and other assets 508 (1,824)
Accounts payable, accrued liabilities and other liabilities (7,879) (10,327)
Income taxes (102) 18,144
Net cash flow provided by operating activities 105,973 119,967
Cash flow from investing activities:    
Loan receivables, net of cash repayments 19,574 30,913
Purchases of furniture, fixtures, equipment and improvements (22,904) (14,468)
Purchases of store real property (31,894) (8,720)
Acquisitions of pawn stores, net of cash acquired (38,241) (36,171)
Net cash flow used in investing activities (73,465) (28,446)
Cash flow from financing activities:    
Borrowings from revolving unsecured credit facility 144,000 220,000
Repayments of revolving unsecured credit facility (99,000) (105,500)
Purchases of treasury stock (61,554) (217,288)
Proceeds from exercise of share-based compensation awards 400 400
Dividends paid (21,668) (20,166)
Net cash flow used in financing activities (37,822) (122,554)
Effect of exchange rates on cash 533 (263)
Change in cash and cash equivalents (4,781) (31,296)
Cash and cash equivalents at beginning of the period 71,793 114,423
Cash and cash equivalents at end of the period $ 67,012 $ 83,127