Atlanticus holdings corp (ATLC)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Gain on buy-out of equity-method investee members

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

619

0

0

0

Other Noncash Income (Expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,931

0

0

0

-

-

-

-

Operating activities
Net income

25,917

26,210

46,783

17,593

17,986

7,612

-33,664

-31,962

-46,318

-40,872

-24,623

-19,220

-10,166

-6,341

-6,325

3,169

4,292

1,706

39,165

32,890

20,316

7,327

-24,050

-27,089

-25,701

-17,665

-19,992

21,817

25,651

24,132

25,593

-5,909

100,805

135,064

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of rental merchandise

-

-

-

-

-

-

-

-

-

-

-

586

1,921

5,273

12,267

21,656

29,691

38,565

43,554

44,025

50,390

63,148

62,573

56,892

41,157

16,146

0

0

0

-

-

-

-

-

-

-

-

Depreciation, amortization and accretion, net

7,886

7,693

6,025

4,298

2,527

987

930

932

940

1,021

1,116

1,216

1,737

2,204

2,360

2,485

2,248

2,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Losses upon impairment of loans, interest and fees receivable recorded at fair value

909

897

-1,132

635

-988

549

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for losses on loans, interest and fees receivable

281,121

248,383

183,612

150,883

118,945

100,338

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, amortization and accretion, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,038

1,540

1,117

1,553

1,441

2,500

2,475

2,574

2,682

2,096

3,823

6,187

0

0

0

Losses upon charge off of loans and fees receivable recorded at fair value

-

-

-

-

-

-

-

-

-

-

-

5,073

5,521

6,110

5,723

7,751

7,383

7,440

8,901

8,514

11,174

14,183

17,009

20,571

24,112

27,843

30,915

33,216

42,979

90,128

103,964

123,193

142,260

139,480

0

0

0

Provision for losses on loans and fees receivable

-

-

-

-

-

-

-

-

-

-

-

64,576

59,643

53,721

41,615

33,021

28,171

26,608

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for losses on loans and fees receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,332

34,271

29,678

23,574

19,231

19,744

19,343

19,428

18,065

12,859

20,576

0

0

0

Interest expense from accretion of discount on notes

728

818

906

923

907

890

617

602

586

548

722

640

566

515

509

504

492

481

508

551

595

637

641

628

613

600

586

572

1,320

2,428

3,617

5,014

5,860

6,442

0

0

0

Income from accretion of merchant fees and discount associated with receivables purchases

130,153

116,252

100,202

87,152

79,359

75,517

72,603

70,075

64,876

59,119

53,252

47,811

44,606

41,953

41,789

41,730

41,012

40,777

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized losses (gains) on loans, interest and fees receivable and underlying notes payable held at fair value

-12,817

2,982

976

2,954

3,756

4,195

6,884

5,617

5,815

5,771

6,933

3,923

3,566

5,360

4,580

9,626

9,721

7,527

5,997

5,113

4,376

7,042

17,850

21,047

27,595

26,178

16,849

11,361

14,858

59,352

65,075

81,910

88,931

90,978

0

0

0

Amortization of deferred loan costs

-4,148

-3,518

-3,268

-2,836

-2,434

-2,128

-1,370

-1,230

-1,131

-867

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Losses (income) from equity-method investments

708

1,001

826

493

799

581

747

960

833

1,158

1,096

1,561

1,482

2,150

2,523

2,325

2,707

2,780

4,013

5,518

5,652

6,983

6,276

6,420

6,536

8,437

6,720

4,996

7,578

9,288

13,812

20,086

20,370

32,657

0

0

0

Income from accretion of discount associated with receivables purchases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,426

31,304

29,907

28,249

60,632

45,664

29,963

0

0

0

-

-

-

-

Deferred stock-based compensation costs

1,668

1,712

1,895

1,306

1,481

1,323

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,460

0

0

0

Lease liability payments

10,128

10,080

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Gains (Losses) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Changes in assets and liabilities:
Increase in uncollected fees on earning assets

11,276

-1,765

-129

4,618

8,117

8,754

8,554

-9,425

-10,577

-10,396

-10,301

4,804

5,746

4,687

4,751

4,445

2,870

2,962

-1,424

-2,617

-3,127

-3,132

-136

2,050

2,759

2,466

1,875

96

-2,683

-19,398

-16,631

-13,449

-7,365

12,617

0

0

0

Decrease in JRAS auto loans receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,805

0

0

0

Decrease in deferred costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

(Decrease) increase in income tax liability

6,691

5,533

6,266

-1,950

-9,165

-8,880

-11,970

-7,275

-6,742

-6,637

-6,015

-10,641

-5,950

-6,452

-2,950

778

1,329

719

-39,081

-37,204

-37,289

-34,705

-3,949

-3,428

-3,648

-5,277

639

591

767

737

-1,648

-2,905

-1,446

-3,903

0

0

0

Decrease (increase) in deposits

-23

-20

-383

-178

-145

-126

183

-21

-33

-253

-224

-233

-315

-320

-457

-443

-406

-764

-1,027

-1,421

-897

-319

-4,298

-13,795

-14,488

-14,489

0

0

0

-

-

-

-

-

-

-

-

Decrease (increase) in prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43

-3,944

-9,608

-9,482

-9,695

-6,224

-1,400

-9,107

-9,001

0

0

0

(Decrease) increase in accounts payable and accrued expenses

-73,035

-52,720

-24,472

-12,470

10,099

-5,411

2,263

974

17,006

22,336

34,727

51,773

38,563

41,436

36,076

23,859

22,499

12,752

12,131

7,110

-2,023

-4,907

-7,087

1,536

9,895

9,480

6,346

-6,213

-8,666

-3,501

-23,764

-931

-5,515

-4,660

0

0

0

Additions to rental merchandise

-

-

-

-

-

-

-

-

-

-

-

-

-

634

3,165

10,238

21,166

29,053

40,516

44,949

38,696

48,473

57,862

67,971

63,206

44,996

0

0

0

-

-

-

-

-

-

-

-

Other

6,556

8,424

1,705

-2,950

-30,707

-32,241

-22,444

-7,120

18,240

18,014

15,384

-356

2,968

1,836

-852

467

229

7,072

6,858

3,091

-423

-2,717

-5,874

-3,886

-1,185

-8,165

-7,608

-5,718

-8,595

-5,492

-5,189

-4,219

-6,220

-3,560

0

0

0

Net cash provided by operating activities

104,925

99,963

114,740

71,932

83,078

42,856

-16,106

-26,229

-39,104

-26,470

2,295

36,700

32,642

39,015

32,739

23,798

18,806

864

-9,288

-16,374

-16,414

-20,734

-25,287

-27,211

-33,691

-26,856

-20,395

-25,312

-14,436

2,984

-6,237

39,716

66,181

83,773

0

0

0

Investing activities
(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,869

-4,161

109

514

-2,167

-1,377

-2,204

-5,720

3,892

3,922

4,028

9,479

5,948

6,028

-1,679

-6,560

-9,611

-11,005

-11,287

-18,520

-13,752

0

0

0

Proceeds from equity-method investee

1,362

1,520

1,653

1,887

2,100

2,349

2,640

2,917

3,265

3,639

4,034

4,508

5,014

5,548

6,157

6,875

7,619

8,490

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to Acquire Equity Method Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,354

1,354

1,354

1,354

34,336

0

0

0

Proceeds from equity-method investees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,867

13,660

15,746

15,837

14,977

17,229

23,808

26,140

28,565

30,505

23,383

0

0

0

Investments in earning assets

1,210,048

1,098,764

938,774

761,867

647,148

607,981

560,975

534,608

493,463

466,740

430,222

401,712

403,216

381,212

354,674

334,666

287,516

271,061

260,755

245,159

231,547

218,656

218,523

210,728

201,441

196,903

169,946

163,080

191,120

197,330

215,684

344,483

424,735

611,231

0

0

0

Proceeds from earning assets

753,749

663,805

589,425

529,752

497,687

472,497

454,063

431,467

405,382

383,179

355,762

337,236

316,561

296,304

290,583

282,889

276,784

275,825

266,274

258,587

253,710

243,807

248,136

244,913

243,032

244,057

249,134

252,543

272,238

298,009

318,777

461,467

572,013

852,419

0

0

0

Investments in subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,514

5,527

5,527

5,527

2,013

0

0

0

Net cash associated with newly acquired consolidated subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,025

0

0

0

Purchases and development of property, net of disposals

301

250

1,386

1,334

1,410

1,383

359

459

394

395

334

251

331

349

293

445

565

884

1,301

1,501

2,448

4,068

5,049

5,308

5,200

3,487

2,317

2,409

1,738

2,186

2,060

1,564

1,722

1,541

0

0

0

Net cash used in investing activities

-455,238

-433,689

-349,082

-231,562

-148,771

-134,518

-104,631

-100,683

-85,210

-80,317

-70,143

-59,963

-80,455

-75,840

-54,066

-45,456

-4,192

14,537

15,526

24,522

37,456

29,200

32,856

39,716

36,822

49,715

86,092

202,151

205,360

229,235

274,931

192,996

377,998

433,512

0

0

0

Financing activities
Proceeds from issuance of preferred units

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred dividends

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests contributions, net

-

-

-

-

-

-

-

-

-

-

-

-

-

4

0

0

0

-

-

-

-

-

-

-

-145

26

0

0

0

-

-

-

-

-

-

-

-

Payments of Distributions to Affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

156

1,215

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests contributions, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-63

-63

-63

-663

0

0

0

Purchase of outstanding stock subject to tender offer

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82,500

0

0

0

-

-

-

-

Purchase and retirement of outstanding stock

3,055

2,517

1,856

941

730

723

820

412

385

389

366

222

596

949

950

881

576

259

383

349

284

257

285

561

979

1,396

0

0

0

-

-

-

-

3,388

0

0

0

Purchases of noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,067

0

0

0

Proceeds from borrowings

844,753

873,340

822,344

738,428

632,166

632,043

418,617

427,092

349,774

324,997

329,464

298,950

280,804

242,388

191,152

160,754

168,110

164,897

181,763

176,025

115,679

115,545

77,190

56,105

59,697

48,981

38,889

27,113

33,197

21,280

42,343

39,130

24,130

33,462

0

0

0

Repayment of borrowings

591,900

592,318

534,740

512,727

468,732

469,623

335,274

324,815

252,724

239,976

239,156

218,752

201,983

177,984

147,079

152,580

164,483

168,208

186,355

169,060

150,419

133,545

106,050

97,891

87,424

88,326

91,909

110,258

214,402

247,983

296,075

352,627

329,051

380,288

0

0

0

Net cash provided by financing activities

387,457

368,720

286,931

225,893

163,819

161,747

82,555

101,865

96,672

84,639

89,949

79,983

78,225

63,459

43,119

7,293

3,055

-3,572

-4,969

6,620

-35,024

-18,400

-29,288

-42,492

-28,851

-40,715

-54,157

-166,485

-264,123

-309,399

-338,039

-315,911

-412,691

-458,618

0

0

0

Effect of exchange rate changes on cash

-476

-354

119

358

1,453

1,011

346

194

-247

165

-169

-429

-1,313

-1,615

-1,308

-1,517

-209

-721

-1,220

-1,361

-1,756

-1,014

72

1,951

1,545

814

369

-679

-798

182

125

-304

-48

896

0

0

0

Net increase in cash and cash equivalents

36,668

34,640

52,708

66,621

99,579

71,096

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

56,291

29,099

25,019

20,484

-15,882

17,460

11,108

49

13,407

-15,738

-10,948

-21,647

-28,036

-24,175

-17,042

11,909

9,675

-73,997

-76,998

-69,220

-83,503

31,440

59,563

0

0

0

Supplemental cash flow information
Cash paid for interest

55,950

46,302

42,481

38,651

28,643

33,467

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash income tax payments

-91

20

303

5,162

5,129

4,750

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrestricted cash included in assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

21,614

20,285

19,481

18,507

18,190

17,907

17,922

19,067

14,760

22,196

24,421

24,191

30,523

23,689

23,208

22,539

23,981

26,220

28,959

43,830

34,499

37,396

38,083

0

0

0

Net cash income tax (refunds) payments

-

-

-

-

-

-

-

-

-

-

-

-53

355

437

1,050

1,085

1,317

1,117

779

744

63

73

80

61

70

163

151

174

125

49

1,148

1,139

11,400

6,479

0

0

0

Issuance of stock options and restricted stock

-

-

-

-

-

-

-

-

-

-

1,364

1,742

1,766

2,310

2,333

1,961

1,847

532

509

281

234

931

1,921

1,921

2,138

1,512

854

854

637

559

0

0

0

-

-

-

-

Notes payable associated with capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

163

166

169

155

116

62

21

182

218

268

305

0

0

0

0