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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 12, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities        
Net loss $ 1,636      
Adjustments to reconcile net loss to net cash provided by operating activities:        
Provision for loan losses 3,113      
Loss on disposal of assets 1      
Depreciation 1,178      
Amortization of note discount and deferred debt issuance costs 4      
Amortization of intangibles 23      
Changes in assets and liabilities:        
Card related pre-funding and receivables 190      
Other assets (416)      
Deferred revenue (129)      
Accrued interest 1,065      
Money orders payable 4,528      
Lease termination payable (53)      
Accounts payable and accrued expenses 3,714      
Net cash provided by (used in) operating activities 14,854      
Cash flows from investing activities        
Net receivables originated (5,849)      
Purchase of leasehold improvements and equipment (244)      
Net cash used in investing activities (6,093)      
Cash flows from financing activities        
Proceeds from subsidiary note 700      
Debt issuance costs (18)      
Net cash provided by financing activities 682      
Net increase in cash and cash equivalents and restricted cash 9,443      
Cash and cash equivalents and restricted cash:        
Beginning 47,940      
Ending 57,383 $ 47,940    
Cash and cash equivalents 53,208      
Restricted Cash 4,175      
Supplemental Disclosures of Cash Flow Information Cash payments for:        
Interest 1,392      
Supplemental Schedule of Noncash Investing and Financing Activities        
Fair value of finance receivables acquired   81,628    
Fair value of other tangible assets acquired, principally leasehold improvements and equipment   62,777    
Fair value of other intangible assets acquired, principally tradename   3,163    
Predecessor        
Cash flows from operating activities        
Net loss   (51,295) $ (180,895) $ (1,545)
Adjustments to reconcile net loss to net cash provided by operating activities:        
Provision for loan losses   97,098 136,201 115,962
Goodwill impairment     113,753 28,949
Loss on disposal of assets   1,505 5,192 1,901
(Gain) loss on debt extinguishment   10,832   (65,117)
Loss on sale of subsidiary       4,106
Depreciation   11,382 13,895 14,439
Amortization of note discount and deferred debt issuance costs   8,026 3,893 2,697
Amortization of intangibles   630 496 664
Deferred income taxes     (9,675) 14,840
Stock-based compensation   31 51 1,293
Changes in assets and liabilities:        
Short-term investments     500 615
Card related pre-funding and receivables   (27) 483 129
Other assets   124 4,000 (4,307)
Deferred revenue   (2,406) (2,753) 9,654
Accrued interest   12,526 418 (1,857)
Money orders payable   (3,149) (1,040) (3,024)
Lease termination payable   (378) (248) (256)
Accounts payable and accrued expenses   (9,333) 1,690 2,633
Net cash provided by (used in) operating activities   75,566 85,961 121,776
Cash flows from investing activities        
Net receivables originated   (84,679) (136,338) (82,525)
Net acquired assets, net of cash     (626) (1,794)
Purchase of leasehold improvements and equipment   (5,733) (8,861) (9,080)
Net cash used in investing activities   (90,412) (145,825) (93,399)
Cash flows from financing activities        
Repurchase of senior secured notes       (38,809)
Proceeds from subsidiary note   9,300 20,000 14,265
Payments on subsidiary note   (120) (7,414) (1,047)
Proceeds from secured notes payable   42,000    
Payments on capital lease obligations   (371) (1,076) (1,376)
Net advances (payments) on lines of credit   (47,000) 14,150 5,650
Debt issuance costs   (12,235) (3,932) (113)
Net cash provided by financing activities   (8,426) 21,728 (21,430)
Net increase in cash and cash equivalents and restricted cash   (23,272) (38,136) 6,947
Cash and cash equivalents and restricted cash:        
Beginning $ 47,940 71,212 109,348 102,401
Ending   47,940 71,212 109,348
Cash and cash equivalents     66,627 106,333
Restricted Cash     4,585 3,015
Supplemental Disclosures of Cash Flow Information Cash payments for:        
Interest   $ 29,516 42,721 40,369
Income taxes paid, net     $ 178 813
Supplemental Schedule of Noncash Investing and Financing Activities        
Purchase price       11,002
Fair value of finance receivables acquired       9,065
Fair value of other tangible assets acquired, principally leasehold improvements and equipment       563
Fair value of other intangible assets acquired, principally tradename       323
Cost in excess of net assets acquired       1,051
Total       11,002
Less recognized amounts of identifiable assets and liabilities divested        
Fair value of finance receivables       (6,834)
Fair value of leasehold improvements and equipment       (787)
Fair value of identifiable goodwill       (5,982)
Fair value of other liabilities       64
Loss on transaction       $ 2,537