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Consolidated Statements of Cash Flows
$ in Thousands
 9 Months Ended
Sep. 30, 2021
USD ($)
Sep. 30, 2020
USD ($)
Cash flows from operating activities:    
Net income $ 67,909 $ 12,383
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 58,007 99,110
Depreciation and amortization 8,466 9,428
Loss on disposal of property and equipment 8 155
Share-based compensation 5,265 3,867
Fair value adjustment on interest rate caps (491) 181
Deferred income taxes, net 1,586 (8,164)
Changes in operating assets and liabilities:    
Increase in lease assets (1,775) (1,417)
Increase in other assets (1,492) (7,447)
Increase (decrease) in accounts payable and accrued expenses (3,541) 15,534
Increase in lease liabilities 2,083 1,513
Net cash provided by operating activities 136,025 125,143
Cash flows from investing activities:    
Net originations of finance receivables (226,285) (2,128)
Purchase of intangible assets (2,247) (865)
Purchase of property and equipment (1,960) (3,564)
Proceeds from disposal of property and equipment   2
Net cash used in investing activities (230,492) (6,555)
Cash flows from financing activities:    
Net payments on senior revolving credit facility (155,128) (122,318)
Net advances (payments) on revolving warehouse credit facilities 46,263 (15,629)
Net advances on securitizations 318,759 29,868
Payments for debt issuance costs (6,738) (3,139)
Taxes paid related to net share settlement of equity awards (5,333) (1,286)
Short-swing profit disgorgement 81  
Cash dividends (7,160)  
Repurchase of common stock (56,008)  
Net cash provided by (used in) financing activities 134,736 (112,504)
Net change in cash and restricted cash 40,269 6,084
Cash and restricted cash at beginning of period 71,876 56,427
Cash and restricted cash at end of period 112,145 62,511
Supplemental cash flow and non-cash information:    
Interest paid 21,165 24,869
Income taxes paid 23,083 4,632
Operating leases paid 6,387 6,167
Non-cash lease assets and liabilities acquired 7,328 $ 7,002
Non-cash dividends payable $ 267