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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income $ 33,772 $ 34,864 $ 8,227
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Gain attributable to fair value of future servicing rights, net of guaranty obligation (92,594) (54,301) (43,052)
Gain attributable to fair value of premiums and origination fees (14,062) (3,231) 257
Gain on sale of MSR, less prepayment MSR   316  
Provision for risk-sharing obligations 3,140 4,724 7,469
Amortization and depreciation 53,925 22,514 16,959
Originations of loans held for sale (5,590,067) (3,271,731) (2,534,883)
Sales of loans to third parties 4,768,155 3,311,383 2,335,548
Stock compensation 5,176 2,422 49
Tax benefit from vesting of equity awards (244) (143)  
Amortization of deferred loan fees and costs (45)    
Cash allowance received from landlord 1,951    
Cash paid to settle risk-sharing obligations (4,633) (680) (2,148)
Deferred tax expense 16,286 9,523 30,226
Cash received from sale of assets acquired 6,828    
Changes in:      
Restricted cash and pledged securities (4,831) (7,262) 298
Servicing fees and other receivables (14,550) (5,179) 1,463
Intangible and other assets (13,596) (433) (73)
Accounts payable and other accruals 7,128 10,820 6,984
Performance deposits from borrowers (922) 4,455 1,385
Net cash provided by (used in) operating activities (839,183) 58,061 (171,291)
Cash flows from investing activities:      
Capital expenditures (4,599) (3,758) (586)
Acquisition of CW Capital LLC, net of cash acquired and other assets (208,109)    
Net increase in loans held for investment (9,423)    
Net cash used in investing activities (222,131) (3,758) (586)
Cash flows from financing activities:      
Borrowings (repayments) of warehouse notes payable, net 866,113 (29,993) 151,807
Borrowings (repayments) of notes payable, net 57,056 (3,752) (5,340)
Debt issuance costs (1,221)    
Distributions to former members   (1,750) (10,078)
Cash distributed to Column Guaranteed, LLC     (159)
Proceeds from issuance of common stock 151,073 2,054 58,369
Repurchase of common stock (741) (473)  
Tax benefit from vesting of restricted shares 244 143  
Other, net     173
Net cash provided by (used in) financing activities 1,072,524 (33,771) 194,772
Net increase in cash and cash equivalents 11,210 20,532 22,895
Cash and cash equivalents at beginning of year 53,817 33,285 10,390
Cash and cash equivalents at end of year 65,027 53,817 33,285
Supplemental Disclosure of Cash Flow Information:      
Cash paid to third parties for interest 11,922 4,662 5,164
Cash paid for taxes 14,329 12,045  
Distributions declared, not paid     $ 1,750