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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities      
Net (loss) income $ (280,484) $ 155,293 $ 169,776
Adjustments to reconcile net income to net cash provided by operating activities:      
Net unrealized loss 48,042 29,792 21,924
Stock-based compensation 63,863 45,811 33,887
Depreciation and amortization 261,926 237,129 199,805
Loss on sale of subsidiary 46,362 0 0
Debt restructuring and debt issuance cost amortization 26,196 9,942 9,674
(Benefit) provision for deferred taxes (29,342) 19,667 31,334
Provision for credit losses 78,443 65,664 66,482
Impairment charges 53,378 0 5,649
Non-cash adjustments related to tax receivable agreement (491) (932) 775
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable and securitized accounts receivable 592,947 (67,645) (201,637)
Prepaid expenses and other current and other long-term assets 6,514 31,337 68,014
Accounts payable (183,708) 139,187 (3,588)
Accrued expenses and restricted cash payable 151,236 31,627 8,654
Income taxes 15,083 (12,266) (2,107)
Other current and other long-term liabilities 7,054 (21,435) (8,413)
Net cash provided by operating activities 857,019 663,171 400,229
Cash flows from investing activities      
Purchases of property, equipment and capitalized software (80,471) (102,860) (87,152)
Cash paid on sale of subsidiary (22,470) 0 0
Distribution (contribution) of equity investment 837 0  
Distribution (contribution) of equity investment     (2,771)
Purchases of investment securities (6,459) (5,567) (1,768)
Maturities of investment securities 181 230 266
Acquisitions, net of cash and restricted cash acquired (220,704) (882,417) (162,750)
Net cash used for investing activities (329,086) (990,614) (254,175)
Cash flows from financing activities      
Repurchase of share-based awards to satisfy tax withholdings (9,519) (10,352) (12,372)
Proceeds from stock option exercises 9,273 4,941 2,430
Net change in deposits (396,065) 176,603 (20,360)
Net activity on other debt (66,915) (43,148) (62,290)
Borrowings on revolving credit facility 300,000 1,267,704 1,570,983
Repayments on revolving credit facility (300,000) (1,265,251) (1,707,478)
Borrowings on term loans 0 688,990 178,000
Repayments on term loans (64,611) (64,329) (35,791)
Proceeds from issuance of convertible notes 299,150 0 0
Proceeds from issuance of common stock 90,000 0 0
Issuance costs (17,048) (3,442) (5,841)
Net change in securitized debt (23,521) (1,943) (10,009)
Net cash (used for) provided by financing activities (179,256) 749,773 (102,728)
Effect of exchange rates on cash, cash equivalents and restricted cash (405) 4,020 (10,680)
Net change in cash, cash equivalents and restricted cash 348,272 426,350 32,646
Cash, cash equivalents and restricted cash at beginning of year [1] 981,381 555,031 522,385
Cash, cash equivalents and restricted cash at end of year [1] 1,329,653 981,381 555,031
Supplemental cash flow information      
Interest paid 163,292 175,993 141,476
Income taxes (refunded) paid (8,444) 50,964 39,225
Supplemental disclosure of non-cash investing and financing activities      
Capital expenditures incurred but not paid 3,179 4,771 8,569
Reconciliation of cash, cash equivalents and restricted cash      
Cash and cash equivalents at beginning of year 810,932 541,498 503,519
Restricted cash at beginning of year 170,449 13,533 18,866
Cash, cash equivalents and restricted cash at beginning of year [1] 981,381 555,031 522,385
Cash and cash equivalents at end of year 852,033 810,932 541,498
Restricted cash at end of year 477,620 170,449 13,533
Cash, cash equivalents and restricted cash at end of year [1] $ 1,329,653 $ 981,381 $ 555,031
[1] The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within our consolidated balance sheets to amounts within our consolidated statements of cash flows for the years ended December 31, 2020, 2019 and 2018:
 December 31,
 202020192018
Cash and cash equivalents at beginning of year$810,932 $541,498 $503,519 
Restricted cash at beginning of year170,449 13,533 18,866 
Cash, cash equivalents and restricted cash at beginning of year$981,381 $555,031 $522,385 
Cash and cash equivalents at end of year$852,033 $810,932 $541,498 
Restricted cash at end of year477,620 170,449 13,533 
Cash, cash equivalents and restricted cash at end of year$1,329,653 $981,381 $555,031