Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
Sep. 30, 2024	Sep. 30, 2023
Cash Flows From Operating Activities:
Net income	$ 96.0	$ 192.5
Adjustments to reconcile cash provided by operating activities:
Provision for credit losses	691.3	572.5
Depreciation	5.5	6.6
Amortization	15.4	13.3
Provision for deferred income taxes	33.4	35.1
Stock-based compensation	32.2	29.0
Loss on sale of building	23.7	0.0
Other	0.5	0.5
Change in operating assets and liabilities:
Increase in accounts payable and accrued liabilities	26.7	14.6
Increase in income taxes receivable	(22.1)	(5.5)
Increase (decrease) in income taxes payable	(80.8)	7.0
Decrease in other assets	9.9	27.0
Net cash provided by operating activities	831.7	892.6
Cash Flows From Investing Activities:
Payments to Acquire Debt Securities, Available-for-sale	51.7	34.7
Proceeds from sale of restricted securities available for sale	25.8	12.3
Maturities of restricted securities available for sale	7.4	8.1
Principal collected on Loans receivable	2,409.6	2,330.8
Advances to Dealers	(2,858.3)	(2,202.9)
Purchases of Consumer Loans	(833.8)	(970.6)
Accelerated payments of Dealer Holdback	(46.9)	(35.3)
Payments of Dealer Holdback	(188.1)	(177.3)
Purchases of property and equipment	(1.1)	(2.3)
Proceeds from Sale of Buildings	3.2	0.0
Net cash used in investing activities	(1,533.9)	(1,071.9)
Cash Flows From Financing Activities:
Borrowings under revolving secured lines of credit	5,988.3	5,529.1
Repayments under revolving secured lines of credit	(6,066.5)	(5,457.9)
Proceeds from secured financing	2,865.4	2,004.0
Repayments of secured financing	(1,594.7)	(1,722.9)
Payments of debt issuance costs	(19.1)	(16.0)
Repurchase of common stock	(251.9)	(149.0)
Proceeds from Issuance of Common Stock	14.6	4.4
Other	11.5	8.1
Net cash provided by financing activities	947.6	199.8
Net increase in cash and cash equivalents and restricted cash and cash equivalents	245.4	20.5
Cash and cash equivalents and restricted cash and cash equivalents beginning of period	470.9	417.7
Cash and cash equivalents and restricted cash and cash equivalents end of period	716.3	438.2
Supplemental Disclosure of Cash Flow Information:
Cash paid during the period for interest	280.0	172.7
Cash paid during the period for income taxes, net of refunds	$ 102.0	$ 19.7

The cash outflow for payments made to dealers under our Portfolio Program at the time a pool of 100 or more consumer loans is closed by dealers with a single open pool or at the time 100 consumer loans have been collectively assigned by dealers with multiple open pools.

No definition available.