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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 34,533 $ 89,705
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for losses on finance and other receivables 1,091 1,096
Depreciation 389 500
Amortization of finance receivables acquisition costs 85 3
Amortization of intangibles 692 877
Amortization of debt issuance costs 1,949 1,104
Change in unrealized gains/losses on finance receivables (165,714) (289,987)
Change in unrealized gains/losses on long-term debt 76,940 167,692
Change in unrealized gains/losses on derivatives 1,463 (11,303)
Net proceeds from sale of finance receivables   473
Purchases of finance receivables (100,678) (100,961)
Collection on finance receivables 121,641 112,403
Gain on sale of finance receivables   (20)
Recoveries of finance receivables 60  
Accretion of interest income (47,636) (42,400)
Accretion of interest expense (7,045) (10,463)
Share-based compensation expense 502 629
Change in marketable securities, net (889) (6,077)
Installment obligations expense, net 1,492 6,750
Change in fair value of life settlement contracts   65
Premiums and other costs paid, and proceeds from sale of life settlement contracts   (232)
Deferred income taxes 7,456 266
Increase (decrease) in operating assets:    
Restricted cash and investments (105,430) (79,289)
Other assets 894 (1,703)
Other receivables 617 (1,039)
Increase (decrease) in operating liabilities:    
Accounts payable 3,513 (3,150)
Accrued expenses (7,443) 4,404
Accrued interest 988 5,198
Other liabilities (431) (181)
Net cash used in operating activities (180,961) (155,640)
Cash flows from investing activities:    
Purchase of intangible assets   (125)
Receipts from notes receivable 159 1,222
Collections on notes receivable from affiliate   5,243
Purchase of fixed assets, net of sales proceeds (509) (872)
Net cash provided by (used in) investing activities (350) 5,468
Cash flows from financing activities:    
Distributions of member's capital   (309,612)
Payments of initial public offering expenses (463)  
Issuance of VIE long-term debt 237,793 220,801
Payments for debt issuance costs (292) (15,065)
Payments on lease obligations   (258)
Repayment of long-term debt and derivatives (74,382) (62,642)
Gross proceeds from revolving credit facility 94,789 85,509
Repayments of revolving credit facilities (80,544) (90,783)
Issuance of installment obligations payable   243
Purchase of marketable securities   (243)
Repayments of installment obligations payable (6,764) (5,755)
Proceeds from sale of marketable securities 6,764 5,755
Repayments under term loan   (142,441)
Net proceeds from new term loan   409,425
Net cash provided by financing activities 176,901 94,934
Net decrease in cash (4,410) (55,238)
Cash and cash equivalents at beginning of the period 39,061 103,137
Cash and cash equivalents at the end of the period 34,651 47,899
Supplemental disclosure of cash flow information:    
Cash paid for interest 54,385 46,508
Capital distributions   309,612
Supplemental disclosure of noncash items:    
Non-cash asset distribution of member's capital   $ 16,265