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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 83,264 $ 39,112
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 5,920 4,934
Depreciation and amortization 8,193 9,295
Amortization of debt discount and issuance costs 11,846 11,403
Changes in expected recoveries (6,985) 0
Deferred income taxes (21,361) (25,287)
Net unrealized foreign currency transactions 33,320 (7,437)
Fair value in earnings for equity securities 1,412 (1,448)
Net allowance charges 0 7,291
Other (256) 0
Changes in operating assets and liabilities:    
Other assets 256 1,863
Other receivables, net (4,733) 2,978
Accounts payable 507 (2,956)
Income taxes payable, net 22,527 (8,766)
Accrued expenses (13,336) (1,979)
Other liabilities 1,821 1,799
Right of use asset/lease liability 105 0
Other, net 0 146
Net cash provided by operating activities 122,500 30,948
Cash flows from investing activities:    
Net, purchases of property and equipment (10,597) (5,646)
Purchases of finance receivables (436,097) (549,377)
Recoveries applied to negative allowance 501,583 0
Collections applied to principal on finance receivables 0 443,390
Purchase of investments (8,317) (82,648)
Proceeds from sales and maturities of investments 41,505 43,011
Business acquisition, net of cash acquired 0 (57,610)
Proceeds from sale of subsidiaries, net 0 31,177
Net cash provided by/(used in) investing activities 88,077 (177,703)
Cash flows from financing activities:    
Proceeds from lines of credit 395,152 769,021
Principal payments on lines of credit (568,912) (324,103)
Principal payments on notes payable and long-term debt (5,000) (308,165)
Payments of origination cost and fees (9,781) 0
Tax withholdings related to share-based payments (3,176) (1,443)
Distributions paid to noncontrolling interest (14,908) (6,877)
Purchase of noncontrolling interest 0 (1,166)
Net increase in interest-bearing deposits 13,675 28,429
Other financing activities 0 1,141
Net cash (used in)/provided by financing activities (192,950) 156,837
Effect of exchange rate on cash (16,503) (3,281)
Net increase in cash and cash equivalents 1,124 6,801
Cash and cash equivalents, beginning of period 123,807 98,695
Cash and cash equivalents, end of period 124,931 105,496
Supplemental disclosure of cash flow information:    
Cash paid for interest 60,618 54,973
Cash paid for income taxes 16,796 42,172
Cash, cash equivalents and restricted cash reconciliation:    
Total cash, cash equivalents and restricted cash $ 124,931 $ 105,496