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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows From Operating Activities:    
Net income $ 164.4 $ 120.1
Adjustments to reconcile cash provided by operating activities:    
Provision for credit losses 14.5 23.4
Depreciation 1.5 1.3
Amortization 3.6 2.9
Provision for deferred income taxes 19.5 19.1
Stock-based compensation 2.2 3.1
Other (0.1) 0.0
Change in operating assets and liabilities:    
Increase (decrease) in accounts payable and accrued liabilities (2.6) 19.1
Decrease (increase) in income taxes receivable 0.4 (0.3)
Increase in income taxes payable 18.9 15.7
Decrease in other assets 7.4 3.0
Net cash provided by operating activities 229.7 207.4
Cash Flows From Investing Activities:    
Purchases of restricted securities available for sale (15.4) (13.7)
Proceeds from sale of restricted securities available for sale 9.4 6.7
Maturities of restricted securities available for sale 3.4 1.4
Principal collected on Loans receivable 757.4 643.9
Advances to Dealers (719.0) (709.2)
Purchases of Consumer Loans (386.4) (342.4)
Accelerated payments of Dealer Holdback (12.3) (12.6)
Payments of Dealer Holdback (34.6) (33.2)
Purchases of property and equipment (4.7) (1.2)
Net cash used in investing activities (402.2) (460.3)
Cash Flows From Financing Activities:    
Borrowings under revolving secured line of credit 1,066.9 465.4
Repayments under revolving secured line of credit (1,238.8) (456.3)
Proceeds from secured financing 814.0 1,000.0
Repayments of secured financing (625.9) (632.2)
Proceeds from issuance of senior notes 400.0 0.0
Payments of debt issuance costs (8.9) (3.9)
Repurchase of common stock (109.2) (2.0)
Other 4.3 (1.9)
Net cash provided by financing activities 302.4 369.1
Net increase in cash and cash equivalents and restricted cash and cash equivalents 129.9 116.2
Cash and cash equivalents and restricted cash and cash equivalents beginning of period 329.3 263.8
Cash and cash equivalents and restricted cash and cash equivalents end of period 459.2 380.0
Supplemental Disclosure of Cash Flow Information:    
Cash paid during the period for interest 48.8 40.3
Cash paid during the period for income taxes $ 1.8 $ 1.6