XML 66 R9.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash Flows from Operating Activities      
Net Income $ 111,671us-gaap_ProfitLoss $ 78,038us-gaap_ProfitLoss $ 58,872us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 18,732us-gaap_DepreciationAndAmortization 17,143us-gaap_DepreciationAndAmortization 13,272us-gaap_DepreciationAndAmortization
Amortization of deferred loan costs and debt discount 1,949us-gaap_AmortizationOfFinancingCostsAndDiscounts    
Cost of Revenue 266,787us-gaap_CostOfRevenue 315,052us-gaap_CostOfRevenue 288,474us-gaap_CostOfRevenue
Non-cash affiliate interest expense 7,629enva_NoncashAffiliateInterestExpense 19,788enva_NoncashAffiliateInterestExpense 20,996enva_NoncashAffiliateInterestExpense
Stock-based compensation 664us-gaap_ShareBasedCompensation 250us-gaap_ShareBasedCompensation 146us-gaap_ShareBasedCompensation
Deferred income taxes, net 12,145us-gaap_DeferredIncomeTaxesAndTaxCredits 5,238us-gaap_DeferredIncomeTaxesAndTaxCredits (2,425)us-gaap_DeferredIncomeTaxesAndTaxCredits
Other (199)us-gaap_OtherNoncashIncomeExpense 261us-gaap_OtherNoncashIncomeExpense 5us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities:      
Finance and service charges on consumer loans 3,695enva_IncreaseDecreaseFinanceServiceChargeConsumerLoans (5,697)enva_IncreaseDecreaseFinanceServiceChargeConsumerLoans (6,900)enva_IncreaseDecreaseFinanceServiceChargeConsumerLoans
Prepaid expenses and other assets (7,607)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 1,842us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (200)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued expenses 7,705us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 6,378us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 3,257us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Current income taxes payable 6,764us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 5us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 11us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Net cash provided by operating activities 429,935us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 438,298us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 375,508us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash Flows from Investing Activities      
Consumer loans originated or acquired (1,298,008)enva_ConsumersLoansOriginatedOrAcquired (1,344,851)enva_ConsumersLoansOriginatedOrAcquired (1,140,215)enva_ConsumersLoansOriginatedOrAcquired
Consumer loans repaid 1,006,762enva_ConsumerLoansRepaid 955,984enva_ConsumerLoansRepaid 793,748enva_ConsumerLoansRepaid
Purchases of property and equipment (13,284)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (14,872)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (17,872)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Restricted cash deposit (7,868)us-gaap_IncreaseInRestrictedCash    
Investment in non-marketable securities (703)us-gaap_PaymentsToAcquireOtherInvestments   (1,000)us-gaap_PaymentsToAcquireOtherInvestments
Other investing activities 4us-gaap_PaymentsForProceedsFromOtherInvestingActivities   (178)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (313,097)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (403,739)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (365,517)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash Flows from Financing Activities      
Issuance of long-term debt 493,810us-gaap_ProceedsFromIssuanceOfLongTermDebt    
Dividend paid to Cash America (122,384)us-gaap_PaymentsOfDividends    
Debt issuance costs paid (16,330)us-gaap_PaymentsOfFinancingCosts    
Net equity transactions with Cash America (2,373)us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet (5,023)us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet (4,938)us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
Payments on affiliate line of credit (431,762)us-gaap_RepaymentsOfLinesOfCredit (23,544)us-gaap_RepaymentsOfLinesOfCredit (4,070)us-gaap_RepaymentsOfLinesOfCredit
Net cash used in financing activities (79,039)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (28,567)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (9,008)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of exchange rates on cash (10,173)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 3,940us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 2,154us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase in cash and cash equivalents 27,626us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 9,932us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 3,137us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 47,480us-gaap_CashAndCashEquivalentsAtCarryingValue 37,548us-gaap_CashAndCashEquivalentsAtCarryingValue 34,411us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 75,106us-gaap_CashAndCashEquivalentsAtCarryingValue $ 47,480us-gaap_CashAndCashEquivalentsAtCarryingValue $ 37,548us-gaap_CashAndCashEquivalentsAtCarryingValue