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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flow from operating activities:    
Net income $ 32,918 $ 42,655
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Non-cash portion of credit loss provision (729) 1,335
Share-based compensation expense 2,851 2,315
Depreciation and amortization expense 10,674 9,874
Amortization of debt issuance costs 387 473
Write-offs and impairments of certain lease intangibles and other assets 5,530 0
Deferred income taxes, net 4,239 2,855
Changes in operating assets and liabilities, net of business combinations:    
Fees and service charges receivable 3,673 2,093
Inventories 6,951 5,874
Prepaid expenses and other assets 355 776
Accounts payable, accrued liabilities and other liabilities 9,755 (3,560)
Income taxes 781 7,007
Net cash flow provided by operating activities 77,385 71,697
Cash flow from investing activities:    
Loan receivables, net of cash repayments 52,279 42,216
Purchases of furniture, fixtures, equipment and improvements (10,581) (9,658)
Purchases of store real property (9,617) (22,145)
Acquisitions of pawn stores, net of cash acquired (5,477) (24,520)
Net cash flow provided by (used in) investing activities 26,604 (14,107)
Cash flow from financing activities:    
Borrowings from unsecured credit facilities 106,925 43,000
Repayments of unsecured credit facilities (88,000) (83,000)
Debt issuance costs paid (130) 0
Purchases of treasury stock (80,331) (29,599)
Dividends paid (11,268) (10,891)
Net cash flow used in financing activities (72,804) (80,490)
Effect of exchange rates on cash (2,248) 770
Change in cash and cash equivalents 28,937 (22,130)
Cash and cash equivalents at beginning of the period 46,527 71,793
Cash and cash equivalents at end of the period $ 75,464 $ 49,663