XML 33 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 15,998 $ 11,421
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 35,899 53,106
Depreciation and amortization 2,719 2,895
Loss on disposal of property and equipment 343 15
Accretion of discounts on purchased receivables (20) (74)
Share-based compensation 3,595 825
Fair value adjustment on interest rate caps 419  
Deferred income taxes, net 1,605 (5,568)
Changes in operating assets and liabilities:    
Increase in other assets (111) (222)
Increase in other liabilities 1,198 2,546
Net cash provided by operating activities 61,645 64,944
Cash flows from investing activities:    
Net origination of finance receivables (94,020) (38,393)
Purchase of property and equipment (2,918) (3,483)
Payment for business combination, net of cash   (128)
Increase in restricted cash (1,000)  
Net cash used in investing activities (97,938) (42,004)
Cash flows from financing activities:    
Net advances (payments) on senior revolving credit facility 38,198 (23,427)
Payments for debt issuance costs (700) (23)
Proceeds from exercise of stock options   120
Excess tax benefits from exercise of stock options 426 100
Taxes paid related to net share settlement of equity awards (721)  
Net cash provided by (used in) financing activities 37,203 (23,230)
Net change in cash 910 (290)
Cash at beginning of period 4,012 4,121
Cash at end of period 4,922 3,831
Supplemental cash flow information    
Interest paid 11,119 10,729
Income taxes paid $ 8,010 $ 9,524