XML 16 R5.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING ACTIVITIES:    
Net Earnings $ 34,718 $ 21,966
Adjustments to Reconcile Net Earnings to Cash Provided by Operating Activities:    
Depreciation of Lease Merchandise 460,443 431,571
Other Depreciation and Amortization 6,122 8,018
Provisions for Accounts Receivable and Loan Losses 98,958 85,405
Stock-Based Compensation 7,902 6,642
Deferred Income Taxes (9,928) (8,656)
Impairment of Assets 0 6,018
Non-Cash Lease Expense (1,025) (615)
Other Changes, Net (15) 115
Changes in Operating Assets and Liabilities:    
Additions to Lease Merchandise (385,254) (400,479)
Book Value of Lease Merchandise Sold or Disposed 49,654 44,916
Accounts Receivable (70,947) (68,520)
Prepaid Expenses and Other Assets 5,533 1,829
Income Tax Receivable and Payable 22,200 21,076
Accounts Payable and Accrued Expenses (3,761) (11,358)
Customer Deposits and Advance Payments (4,671) (2,195)
Cash Provided by Operating Activities 209,929 135,733
INVESTING ACTIVITIES:    
Investments in Loans Receivable (165,883) (76,963)
Proceeds from Loans Receivable 163,753 75,448
Purchases of Property and Equipment (1,962) (2,096)
Proceeds from Sale of Property and Equipment 0 14
Cash Used in Investing Activities (4,092) (3,597)
FINANCING ACTIVITIES:    
Repayments on Revolving Facility (50,000) 0
Dividends Paid (5,265) (5,221)
Acquisition of Treasury Stock (26,119) (24,437)
Issuance of Stock Under Stock Option and Employee Purchase Plans 325 123
Cash Paid for Shares Withheld for Employee Taxes (7,048) (5,191)
Debt Issuance Costs (84) 0
Cash Used in Financing Activities (88,191) (34,726)
Increase in Cash and Cash Equivalents 117,646 97,410
Cash and Cash Equivalents at Beginning of Period 95,655 155,416
Cash and Cash Equivalents at End of Period 213,301 252,826
Net Cash Paid (Received) During the Period:    
Interest 509 224
Income Taxes $ 300 $ (3,836)