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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 22,436 $ 16,912
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 2,857 2,314
Depreciation and amortization 4,084 4,572
Amortization of debt discount and issuance costs 5,857 5,678
Changes in expected recoveries 12,816 0
Deferred income taxes (12,755) (9,994)
Net unrealized foreign currency transactions 24,873 (6,632)
Fair value in earnings for equity securities (7,566) (2,139)
Net allowance charges 0 6,095
Other (135) 0
Changes in operating assets and liabilities:    
Other assets (1,242) 550
Other receivables, net (545) (1,289)
Accounts payable 221 (548)
Income taxes payable, net 3,835 (13,040)
Accrued expenses (8,990) 1,553
Other liabilities 994 10,888
Right of use asset/lease liability 66 0
Other, net 0 37
Net cash provided by operating activities 46,806 14,957
Cash flows from investing activities:    
Purchases of property and equipment (7,639) (4,493)
Acquisition of finance receivables (271,845) (264,632)
Recoveries applied to negative allowance 236,656 0
Collections applied to principal on finance receivables 0 222,335
Proceeds from/(purchase of) investments 36 (82,616)
Proceeds from sales and maturities of investments 612 42,940
Business acquisition, net of cash acquired 0 (57,610)
Proceeds from sale of subsidiaries, net 0 31,177
Net cash used in investing activities (42,180) (112,899)
Cash flows from financing activities:    
Proceeds from lines of credit 315,118 537,891
Principal payments on lines of credit (227,459) (132,486)
Principal payments on notes payable and long-term debt (2,500) (305,665)
Payments of origination cost and fees (8,203) 0
Tax withholdings related to share-based payments (3,156) (1,437)
Distributions paid to noncontrolling interest 0 (6,877)
Net (decrease)/increase in interest-bearing deposits (1,658) 16,126
Other financing activities 0 (2,088)
Net cash provided by financing activities 72,142 105,464
Effect of exchange rate on cash (16,575) (4,115)
Net increase in cash and cash equivalents 60,193 3,407
Cash and cash equivalents, beginning of period 123,807 98,695
Cash and cash equivalents, end of period 184,000 102,102
Supplemental disclosure of cash flow information:    
Cash paid for interest 30,502 25,479
Cash paid for income taxes 12,100 27,293
Cash, cash equivalents and restricted cash reconciliation:    
Total cash, cash equivalents and restricted cash $ 184,000 $ 102,102