| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | ||||||||||
Net income | ||||||||||
656 | 574 | 470 | 332 | 299 | 266 | 253 | 219 | 188 | 170 | 146 |
Adjustments to reconcile cash provided by operating activities: | ||||||||||
Provision for credit losses | ||||||||||
76 | 56 | 129 | 90 | 41 | 12 | 21 | 24 | 29 | 10 | -12 |
Depreciation | ||||||||||
7 | 5 | 6 | 6 | 5 | 5 | 5 | 5 | 4 | 4 | 5 |
Amortization | ||||||||||
15 | 14 | 10 | 9 | 8 | 7 | 7 | 7 | 5 | 6 | 4 |
Loss on retirement of property and equipment | ||||||||||
- | - | - | - | -0 | -0 | -0 | 0 | - | -0 | -0 |
Stock-based compensation | ||||||||||
7 | 10 | 15 | 7 | 12 | 15 | 8 | 12 | 1 | 4 | 6 |
Loss on impairment of software | ||||||||||
- | - | - | - | - | - | - | - | - | 1 | 0 |
Provision for deferred income taxes | ||||||||||
-85 | -49 | 85 | -24 | -35 | 56 | 8 | 25 | 15 | 13 | 17 |
Loss on extinguishment of debt | ||||||||||
-1 | 0 | 0 | - | - | -21 | 0 | 0 | - | - | - |
Other Operating Activities, Cash Flow Statement | ||||||||||
-0 | -0 | 0 | 0 | - | - | - | - | - | - | - |
Change in operating assets and liabilities: | ||||||||||
Increase in accounts payable and accrued liabilities | ||||||||||
17 | 41 | 10 | 11 | 13 | 0 | 8 | 10 | 20 | -0 | -4 |
Increase in income taxes receivable | ||||||||||
58 | 5 | -0 | -7 | 8 | 0 | 0 | 0 | -11 | 8 | 3 |
Increase (decrease) in income taxes payable | ||||||||||
-2 | -37 | 16 | 23 | -2 | -17 | 13 | 4 | 1 | - | -0 |
Increase in other assets | ||||||||||
-6 | 4 | 6 | 5 | 1 | 3 | 1 | -1 | 2 | 1 | -0 |
Net cash provided by operating activities | ||||||||||
812 | 703 | 566 | 507 | 404 | 365 | 325 | 308 | 275 | 200 | 160 |
Cash Flows From Investing Activities: | ||||||||||
Increase (Decrease) in Restricted Cash | ||||||||||
- | - | - | 0 | 9 | 46 | 18 | -12 | 38 | -15 | 2 |
Purchases of restricted securities available for sale | ||||||||||
40 | 43 | 34 | 39 | 34 | 65 | 105 | 57 | 0 | 1 | 1 |
Proceeds from sale of restricted securities available for sale | ||||||||||
29 | 19 | 27 | 35 | 34 | 15 | 11 | 2 | 0 | 2 | 0 |
Maturities of restricted securities available for sale | ||||||||||
11 | 11 | 5 | 5 | 4 | 49 | 86 | 9 | 0 | 1 | 1 |
Principal collected on Loans receivable | ||||||||||
2,971 | 2,576 | 2,189 | 1,955 | 1,739 | 1,540 | 1,334 | 1,162 | 996 | 785 | 661 |
Advances to Dealers | ||||||||||
2,424 | 2,414 | 1,968 | 1,881 | 1,795 | 1,471 | 1,356 | 1,253 | 1,152 | 786 | -516 |
Purchases of Consumer Loans | ||||||||||
1,347 | 1,181 | 904 | 754 | 371 | 204 | 124 | 108 | 122 | 100 | 103 |
Accelerated payments of Dealer Holdback | ||||||||||
58 | 52 | 47 | 53 | 52 | 41 | 40 | 43 | -47 | -32 | -17 |
Payments of Dealer Holdback | ||||||||||
138 | 128 | 131 | 142 | 150 | 135 | 114 | 115 | 85 | 44 | 44 |
Net (increase) decrease in other loans | ||||||||||
- | - | - | - | - | - | - | 0 | 0 | 0 | -0 |
Purchases of property and equipment | ||||||||||
26 | 25 | 8 | 5 | 4 | 4 | 5 | 8 | 6 | 3 | 2 |
Net cash used in investing activities | ||||||||||
-1,024 | -1,238 | -871 | -878 | -639 | -363 | -333 | -400 | -454 | -163 | -24 |
Cash Flows From Financing Activities: | ||||||||||
Borrowings under revolving secured line of credit | ||||||||||
3,846 | 2,249 | 3,527 | 1,615 | 1,657 | 2,796 | 2,816 | 2,507 | 2,384 | 1,097 | 630 |
Repayments under revolving secured line of credit | ||||||||||
4,018 | 2,091 | 3,513 | 1,673 | 1,718 | 2,779 | 2,757 | 2,507 | 2,477 | 1,058 | 594 |
Proceeds from secured financing | ||||||||||
2,396 | 2,696 | 2,364 | 2,169 | 1,247 | 1,754 | 1,004 | 1,742 | 1,164 | 327 | 397 |
Repayments of secured financing | ||||||||||
2,149 | 2,116 | 1,907 | 1,575 | 1,101 | 1,357 | 922 | 1,488 | 865 | 432 | 566 |
Proceeds from issuance of senior notes | ||||||||||
800 | 0 | 0 | - | 248 | 300 | 0 | 0 | 106 | 243 | 0 |
Repayments of senior notes | ||||||||||
148 | 0 | 0 | - | - | 350 | 0 | 0 | - | - | - |
Proceeds from mortgage note | ||||||||||
0 | 12 | 0 | 0 | - | - | - | - | - | - | - |
Principal payments under mortgage note | ||||||||||
- | - | - | - | - | - | - | 0 | 0 | 0 | 1 |
Payments of debt issuance costs and debt issuance costs | ||||||||||
25 | 13 | 14 | 9 | 11 | 30 | 5 | 6 | 8 | 15 | 7 |
Repurchase of common stock | ||||||||||
300 | 129 | 123 | 121 | 86 | 343 | 135 | 152 | 130 | 202 | 0 |
Proceeds from stock options exercised | ||||||||||
- | - | - | - | - | 0 | 0 | 0 | 2 | 2 | 1 |
Tax benefits from stock-based compensation plans | ||||||||||
- | - | - | 27 | 0 | 13 | 1 | 2 | 3 | 0 | 4 |
Other financing activities | ||||||||||
-0 | -7 | -2 | 4 | 0 | -3 | -0 | - | - | - | - |
Net cash provided by financing activities | ||||||||||
400 | 599 | 330 | 436 | 235 | 0 | 3 | 96 | 179 | -35 | -136 |
Net increase in cash and cash equivalents and restricted cash and cash equivalents | ||||||||||
188 | 65 | 24 | 65 | -0 | 2 | -4 | 4 | 0 | 1 | -0 |
Effect of exchange rate changes on cash | ||||||||||
- | - | - | - | - | - | - | - | - | - | -0 |
Supplemental Cash Flow Information [Abstract] | ||||||||||
Cash paid during the period for interest | ||||||||||
175 | 141 | 108 | 88 | 61 | 55 | 57 | 56 | 51 | 42 | 27 |
Cash paid during the period for income taxes | ||||||||||
172 | 168 | 175 | 111 | 146 | 99 | 119 | 92 | 76 | 81 | 67 |