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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flow from operating activities:    
Net income $ 149,712 $ 173,429
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation of leased merchandise 307,824 262,830
Provision for lease losses 141,674 109,771
Provision for loan losses 90,571 83,453
Share-based compensation expense 10,125 8,825
Depreciation and amortization expense 81,526 77,495
Amortization of debt issuance costs 2,067 2,208
Net amortization of premiums, discounts and unearned origination fees on finance receivables (12,390) 35,257
Gain on revaluation of contingent acquisition consideration 0 (82,789)
Impairments and dispositions of certain other assets 346 482
Deferred income taxes, net (12,000) 46,142
Changes in operating assets and liabilities, net of business combinations:    
Accounts receivable, net (9,998) (2,953)
Inventories purchased directly from customers, wholesalers or manufacturers (939) (11,017)
Leased merchandise, net (439,365) (360,755)
Prepaid expenses and other assets (427) (2,144)
Accounts payable, accrued liabilities and other liabilities (7,594) 7,256
Income taxes 15,905 (21,692)
Net cash flow provided by operating activities 317,037 325,798
Cash flow from investing activities:    
Pawn loans, net [1] (59,426) (74,707)
Finance receivables, net (87,994) (49,634)
Purchases of furniture, fixtures, equipment and improvements (46,723) (29,630)
Purchases of store real property (46,677) (77,689)
Acquisitions of pawn stores, net of cash acquired (168,353) (7,072)
Net cash flow used in investing activities (409,173) (238,732)
Cash flow from financing activities:    
Borrowings from unsecured credit facilities 545,835 196,000
Repayments of unsecured credit facilities (322,967) (117,000)
Debt issuance costs paid (90) (1,745)
Purchases of treasury stock (115,521) (140,391)
Payment of withholding taxes on net share settlements of restricted stock unit awards (2,463) 0
Dividends paid (46,087) (44,439)
Net cash flow provided by (used in) financing activities 58,707 (107,575)
Effect of exchange rates on cash 2,646 1,083
Change in cash and cash equivalents (30,783) (19,426)
Cash and cash equivalents at beginning of the period 117,330 120,046
Cash and cash equivalents at end of the period $ 86,547 $ 100,620
[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.