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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities    
Net income $ 59,420,000 $ 60,604,000
Adjustments to reconcile net income to net cash provided by/(used in) operating activities    
Depreciation and amortization 2,037,000 1,875,000
Provision for bad debt expense 1,225,000 508,000
Share-based compensation expense 2,851,000 1,574,000
Equity-based payments to non-employees 8,000 198,000
Non-cash rent expense (193,000) (181,000)
Amortization of debt related costs 840,000 75,000
Fair value change in assets and liabilities 201,000 0
Original issuance discount on term loan payment (10,000) 0
Deferred tax expense 1,594,000 0
Changes in assets and liabilities:    
(Increase)/decrease in loan receivables held for sale 29,896,000 (40,982,000)
(Increase)/decrease in accounts receivable (3,070,000) (2,531,000)
(Increase)/decrease in related party receivables 182,000 106,000
(Increase)/decrease in other assets 3,619,000 (1,659,000)
Increase/(decrease) in accounts payable (1,217,000) 9,211,000
Increase/(decrease) in finance charge reversal liability 12,899,000 8,255,000
Increase/(decrease) in related party liabilities (1,044,000) (607,000)
Increase/(decrease) in other liabilities 366,000 3,710,000
Net cash provided by/(used in) operating activities 109,604,000 40,156,000
Cash flows from investing activities    
Purchases of property, equipment and software (2,707,000) (1,985,000)
Net cash used in investing activities (2,707,000) (1,985,000)
Cash flows from financing activities    
Proceeds from IPO, net of underwriters discount and commissions 954,845,000 0
Purchases of GreenSky Holdings, LLC units (901,833,000) 0
Purchases of Class A common stock (53,012,000) 0
Issuances of Class B common stock 129,000 0
Redemptions of GreenSky Holdings, LLC units prior to Reorganization Transactions (496,000) 0
Proceeds from term loan 399,000,000 0
Repayments of term loan (350,115,000) 0
Member distributions (127,640,000) (55,283,000)
Equity option exercises prior to Reorganization Transactions 339,000 15,000
Payment of IPO related expenses (2,749,000) 0
Payment of equity transaction expenses, prior to Reorganization Transactions 32,000 0
Payment of debt issuance costs 0 (361,000)
Net cash provided by/(used in) financing activities (81,564,000) (55,629,000)
Net increase/(decrease) in cash and restricted cash 25,333,000 (17,458,000)
Cash and restricted cash at beginning of period 353,838,000 228,114,000
Cash and restricted cash at end of period 379,171,000 210,656,000
Supplemental non-cash investing and financing activities    
Equity transaction costs accrued but not paid 1,106,000 0
Distributions accrued but not paid $ 11,493,000 $ 0