| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Gain on buy-out of equity-method investee members | |||||||||
- | - | - | - | - | - | - | - | 619 | 0 |
Net gain on sale of subsidiary operations | |||||||||
- | - | - | - | - | - | - | 57,341 | 106,481 | 0 |
Other Noncash Income (Expense) | |||||||||
- | - | - | - | - | - | -159 | -1,931 | 261 | - |
Operating activities | |||||||||
Net income | |||||||||
26,210 | 7,612 | -40,872 | -6,341 | 1,706 | 7,327 | -17,665 | 24,132 | 135,064 | -94,945 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
Depreciation of rental merchandise | |||||||||
- | - | - | 5,273 | 38,565 | 63,148 | 16,146 | 0 | - | - |
Depreciation, amortization and accretion, net | |||||||||
7,693 | 987 | 1,021 | 2,204 | 2,000 | 4,927 | - | - | - | - |
Losses upon impairment of loans, interest and fees receivable recorded at fair value | |||||||||
897 | 549 | -9,460 | - | - | - | - | - | - | - |
Provision for losses on loans, interest and fees receivable | |||||||||
248,383 | 100,338 | 77,612 | - | - | - | - | - | - | - |
Depreciation, amortization and accretion, net | |||||||||
- | - | - | - | - | - | 1,553 | 2,574 | 6,187 | 13,557 |
Impairment of goodwill | |||||||||
- | - | - | - | - | - | - | - | - | 19,730 |
Losses upon charge off of loans and fees receivable recorded at fair value | |||||||||
- | - | - | 6,110 | 7,440 | 14,183 | 27,843 | 90,128 | 139,480 | 464,809 |
Provision for losses on loans and fees receivable | |||||||||
- | - | - | 53,721 | 26,608 | 30,828 | - | - | - | - |
Provision for losses on loans and fees receivable | |||||||||
- | - | - | - | - | - | 29,678 | 19,343 | 20,576 | 72,036 |
Interest expense from accretion of discount on notes | |||||||||
818 | 890 | 548 | 515 | 481 | 637 | 600 | 2,428 | 6,442 | 8,939 |
Income from accretion of merchant fees and discount associated with receivables purchases | |||||||||
116,252 | 75,517 | 59,119 | 41,953 | 40,777 | 33,774 | - | - | - | - |
Unrealized losses (gains) on loans, interest and fees receivable and underlying notes payable held at fair value | |||||||||
2,982 | 4,195 | 5,771 | 5,360 | 7,527 | 7,042 | 26,178 | 59,352 | 90,978 | 263,211 |
Amortization of deferred loan costs | |||||||||
-3,518 | -2,128 | -867 | - | - | - | - | - | - | - |
Deferred taxes | |||||||||
- | - | - | - | - | - | - | - | 374 | -1,785 |
Losses (income) from equity-method investments | |||||||||
1,001 | 581 | 1,158 | 2,150 | 2,780 | 6,983 | 8,437 | 9,288 | 32,657 | -9,584 |
Gain on repurchase of convertible senior notes | |||||||||
5,127 | - | - | - | - | - | - | - | - | - |
Income from accretion of discount associated with receivables purchases | |||||||||
- | - | - | - | - | - | 29,907 | 29,963 | - | - |
Deferred stock-based compensation costs | |||||||||
1,712 | 1,323 | 1,528 | - | - | - | - | - | 2,460 | 8,739 |
Lease liability payments | |||||||||
10,080 | - | - | - | - | - | - | - | - | - |
Unrealized loss on securities | |||||||||
- | - | - | - | - | - | - | - | - | 40 |
Gains (Losses) on Extinguishment of Debt | |||||||||
- | - | - | 1,151 | 0 | 12,068 | 0 | - | - | 28,787 |
Changes in assets and liabilities: | |||||||||
Increase in uncollected fees on earning assets | |||||||||
-1,765 | 8,754 | -10,396 | 4,687 | 2,962 | -3,132 | 2,466 | -19,398 | 12,617 | 13,648 |
Decrease in JRAS auto loans receivable | |||||||||
- | - | - | - | - | - | - | - | -12,805 | -36,818 |
Decrease in deferred costs | |||||||||
- | - | - | - | - | - | - | - | - | -863 |
(Decrease) increase in income tax liability | |||||||||
5,533 | -8,880 | -6,637 | -6,452 | 719 | -34,705 | -5,277 | 737 | -3,903 | 100,790 |
Decrease (increase) in deposits | |||||||||
-20 | -126 | -253 | -320 | -764 | -319 | -14,489 | 13,429 | - | - |
Decrease (increase) in prepaid expenses | |||||||||
- | - | - | - | - | - | 43 | -9,695 | -9,001 | -14,248 |
(Decrease) increase in accounts payable and accrued expenses | |||||||||
-52,720 | -5,411 | 22,336 | 41,436 | 12,752 | -4,907 | 9,480 | -3,501 | -4,660 | -14,869 |
Additions to rental merchandise | |||||||||
- | - | - | 634 | 29,053 | 48,473 | 44,996 | 0 | - | - |
Other | |||||||||
8,424 | -32,241 | 18,014 | 1,836 | 7,072 | -2,717 | -8,165 | -5,492 | -3,560 | -2,683 |
Net cash provided by operating activities | |||||||||
99,963 | 42,856 | -26,470 | 39,015 | 864 | -20,734 | -26,856 | 2,984 | 83,773 | 335,511 |
Investing activities | |||||||||
(Increase) decrease in restricted cash | |||||||||
- | - | - | -3,869 | -2,167 | 3,892 | 5,948 | -9,611 | -13,752 | 16,305 |
Proceeds from equity-method investee | |||||||||
1,520 | 2,349 | 3,639 | 5,548 | 8,490 | 12,009 | - | - | - | - |
Payments to Acquire Equity Method Investments | |||||||||
- | - | - | - | - | - | 3,750 | 1,354 | 34,336 | 0 |
Proceeds from equity-method investees | |||||||||
- | - | - | - | - | - | 15,746 | 23,808 | 23,383 | 6,424 |
Investments in earning assets | |||||||||
1,098,764 | 607,981 | 466,740 | 381,212 | 271,061 | 218,656 | 196,903 | 197,330 | 611,231 | 1,068,078 |
Proceeds from earning assets | |||||||||
663,805 | 472,497 | 383,179 | 296,304 | 275,825 | 243,807 | 244,057 | 298,009 | 852,419 | 1,255,240 |
Investments in subsidiaries | |||||||||
- | - | - | - | - | - | - | 3,514 | 2,013 | 0 |
Proceeds from sale of subsidiary | |||||||||
- | - | - | - | - | - | - | 102,191 | - | - |
Net cash associated with newly acquired consolidated subsidiaries | |||||||||
- | - | - | - | - | - | - | - | 1,025 | - |
Cash from consolidated subsidiary | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Proceeds from sale of subsidiary operations | |||||||||
- | - | - | - | - | - | - | - | 192,054 | 0 |
Purchases and development of property, net of disposals | |||||||||
250 | 1,383 | 395 | 349 | 884 | 4,068 | 3,487 | 2,186 | 1,541 | 3,860 |
Net cash used in investing activities | |||||||||
-433,689 | -134,518 | -80,317 | -75,840 | 14,537 | 29,200 | 49,715 | 229,235 | 433,512 | 173,421 |
Financing activities | |||||||||
Noncontrolling interests contributions | |||||||||
50,500 | - | - | - | - | - | - | - | - | - |
Issuance costs for nonontrolling interests | |||||||||
1,500 | - | - | - | - | - | - | - | - | - |
Proceeds from issuance of preferred units | |||||||||
40,000 | - | - | - | - | - | - | - | - | - |
Noncontrolling interests contributions, net | |||||||||
- | - | 7 | 4 | - | - | 26 | 0 | - | - |
Payments of Distributions to Affiliates | |||||||||
- | - | - | - | 2 | 143 | - | - | - | - |
Proceeds from exercise of stock options | |||||||||
1,215 | 50 | - | - | 8 | - | - | - | - | - |
Noncontrolling interests contributions, net | |||||||||
- | - | - | - | - | - | - | - | -663 | 1,105 |
Purchase of outstanding stock subject to tender offer | |||||||||
- | - | - | - | - | - | - | 82,500 | 105,000 | 85,264 |
Purchase and retirement of outstanding stock | |||||||||
2,517 | 723 | 389 | 949 | 259 | 257 | 1,396 | 196 | 3,388 | 689 |
Purchases of noncontrolling interests | |||||||||
- | - | - | - | - | - | - | - | 4,067 | 8,005 |
Proceeds from borrowings | |||||||||
873,340 | 632,043 | 324,997 | 242,388 | 164,897 | 115,545 | 48,981 | 21,280 | 33,462 | 9,676 |
Repayment of borrowings | |||||||||
592,318 | 469,623 | 239,976 | 177,984 | 168,208 | 133,545 | 88,326 | 247,983 | 380,288 | 522,294 |
Net cash provided by financing activities | |||||||||
368,720 | 161,747 | 84,639 | 63,459 | -3,572 | -18,400 | -40,715 | -309,399 | -458,618 | -607,681 |
Effect of exchange rate changes on cash | |||||||||
-354 | 1,011 | 165 | -1,615 | -721 | -1,014 | 814 | 182 | 896 | -920 |
Net increase in cash and cash equivalents | |||||||||
34,640 | 71,096 | -21,983 | - | - | - | - | - | - | - |
Net increase in cash and cash equivalents | |||||||||
- | - | - | 25,019 | 11,108 | -10,948 | -17,042 | -76,998 | 59,563 | -99,669 |
Supplemental cash flow information | |||||||||
Cash paid for interest | |||||||||
46,302 | 33,467 | 25,478 | - | - | - | - | - | - | - |
Net cash income tax payments | |||||||||
20 | 4,750 | 258 | - | - | - | - | - | - | - |
Effect of adoption of accounting pronouncements on restricted cash | |||||||||
- | - | - | - | - | - | - | - | - | 14,082 |
Unrestricted cash included in assets held for sale | |||||||||
- | - | - | - | - | - | - | - | - | 16,419 |
Cash paid for interest | |||||||||
- | - | - | 19,481 | 17,922 | 24,421 | 23,208 | 28,959 | 38,083 | 50,444 |
Net cash income tax (refunds) payments | |||||||||
- | - | - | 437 | 1,117 | 73 | 163 | 49 | 6,479 | 93,760 |
Issuance of stock options and restricted stock | |||||||||
- | - | - | 2,310 | 532 | 931 | 1,512 | 559 | 303 | 1,127 |
Notes payable associated with capital leases | |||||||||
- | - | - | - | - | - | 155 | 182 | 0 | 447 |