XML 30 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities    
Net income $ 16,185,618 $ 12,033,002
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 216,217 199,023
Gain on sale of property and equipment (9,925) (3,648)
Provision for credit losses 711,783 4,508,706
Deferred income taxes (145,787) (1,085,160)
Share-based compensation 404,569 471,997
Change in fair value of interest rate swaps 0 (477,949)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 114,925 280,152
Accounts payable and accrued expenses (1,360,592) (61,024)
Income taxes receivable/payable (719,561) (303,982)
Deferred revenues (33,661) (30,709)
Net cash provided by operating activities 15,363,586 15,530,409
Cash flows from investing activities    
Purchase and origination of finance contracts (95,949,601) (96,083,311)
Principal payments received 87,916,478 71,704,908
Increase in assets held for resale (683,026) (192,280)
Purchase of property and equipment (270,661) (226,064)
Proceeds from sale of property and equipment 55,150 15,755
Net cash used in investing activities (8,931,660) (24,780,992)
Cash flows from financing activities    
Net (repayment) proceeds from line of credit (2,000,000) 10,741,903
(Decrease) increase in drafts payable (432,213) 242,418
Payment of cash dividends (2,394,137) 0
Proceeds from exercise of stock options 631,063 20,283
Excess tax benefits from exercise of stock options and issuance of other share awards 465,907 63,796
Net cash (used) provided by financing activities (3,729,380) 11,068,400
Net increase in cash 2,702,546 1,817,817
Cash, beginning of period 2,017,540 1,533,894
Cash, end of period $ 4,720,086 $ 3,351,711