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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flow from operating activities:    
Net income $ 92,568 $ 114,113
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation of leased merchandise 204,126 176,311
Provision for lease losses 101,938 77,855
Provision for loan losses 57,475 51,497
Share-based compensation expense 6,750 5,950
Depreciation and amortization expense 54,161 51,524
Amortization of debt issuance costs 1,375 1,473
Net amortization of premiums, discounts and unearned origination fees on finance receivables (7,411) 27,451
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 0 (62,989)
Impairments and dispositions of certain other assets 124 318
Deferred income taxes, net (10,571) 12,702
Changes in operating assets and liabilities, net of business combinations:    
Accounts receivable, net (3,551) (224)
Inventories purchased directly from customers, wholesalers or manufacturers 11,476 1,804
Leased merchandise, net (295,907) (229,146)
Prepaid expenses and other assets (4,696) (1,672)
Accounts payable, accrued liabilities and other liabilities (2,936) (4,846)
Income taxes 748 4,646
Net cash flow provided by operating activities 205,669 226,767
Cash flow from investing activities:    
Pawn loans, net [1] 188 (32,265)
Finance receivables, net (57,125) (23,546)
Purchases of furniture, fixtures, equipment and improvements (28,348) (19,686)
Purchases of store real property (34,542) (58,559)
Acquisitions of pawn stores, net of cash acquired (5,472) (2,343)
Net cash flow used in investing activities (125,299) (136,399)
Cash flow from financing activities:    
Borrowings from unsecured credit facilities 180,000 126,000
Repayments of unsecured credit facilities (143,000) (111,000)
Debt issuance costs paid 0 (475)
Purchases of treasury stock (101,843) (87,727)
Payment of withholding taxes on net share settlements of restricted stock unit awards (2,463) 0
Dividends paid (30,592) (28,781)
Net cash flow used in financing activities (97,898) (101,983)
Effect of exchange rates on cash 4,796 1,983
Change in cash and cash equivalents (12,732) (9,632)
Cash and cash equivalents at beginning of the period 117,330 120,046
Cash and cash equivalents at end of the period $ 104,598 $ 110,414
[1] Includes the funding of new pawn loans net of cash repayments and recovery of principal through the sale of inventories acquired from forfeiture of pawn collateral.