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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net income before noncontrolling interests $ 59,793 $ 74,135
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Gains attributable to the fair value of future servicing rights, net of guaranty obligation (97,673) (107,446)
Change in the fair value of premiums and origination fees (1,857) 6,634
Amortization and depreciation 169,495 170,737
Provision (benefit) for credit losses 6,310 (11,088)
Originations of loans held for sale (6,807,180) (8,402,185)
Proceeds from transfers of loans held for sale 6,365,406 8,023,294
Other operating activities, net (95,752) (86,493)
Net cash provided by (used in) operating activities (401,458) (332,412)
Cash flows from investing activities    
Capital expenditures (9,025) (13,880)
Purchases of equity-method investments (14,503) (15,062)
Purchases of pledged available-for-sale ("AFS") securities (20,900)  
Proceeds from prepayment and sale of pledged AFS securities 7,153 9,274
Originations of loans held for investment (25,619) (366)
Principal collected on loans held for investment 17,659 161,167
Other investing activities, net 8,092 5,436
Net cash provided by (used in) investing activities (37,143) 146,569
Cash flows from financing activities    
Borrowings (repayments) of warehouse notes payable, net 452,497 387,109
Repayments of interim warehouse notes payable (13,884) (119,835)
Repayments of notes payable (6,013) (120,046)
Borrowings of notes payable   196,000
Repurchase of common stock (12,012) (18,928)
Purchase of noncontrolling interests (5,000)  
Cash dividends paid (66,284) (63,540)
Payment of contingent consideration (34,317) (26,090)
Other financing activities, net (1,149) (6,463)
Net cash provided by (used in) financing activities 313,838 228,207
Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents (NOTE 2) (124,763) 42,364
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 391,403 258,283
Total of cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 266,640 300,647
Supplemental Disclosure of Cash Flow Information:    
Cash paid to third parties for interest 73,123 86,663
Cash paid for income taxes $ 29,076 $ 26,656