NICHOLAS FINANCIAL INC NICK Cash Flow

Nicholas financial inc (NICK)

CashFlow / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
Cash flows from operating activities
Net income
-3,575	-4,789	-4,477	-3,648	1,740	-255	-491	-1,098	-2,811	1,693	3,319	5,409	9,205	10,326	11,612	12,379	13,500	14,543	15,616	16,856	15,867	15,924	15,911	16,703	18,631	19,400	20,233	19,940	0	0	0	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Depreciation
340	351	364	380	403	428	451	469	435	461	482	492	537	515	494	458	423	395	370	366	363	349	333	318	302	294	287	284	284	285	287	287	-198,540	278	272	266	0	0	0
Amortization of intangibles
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of property and equipment
0	0	0	-	-	-	-	66	26	11	15	17	25	37	19	24	0	0	0	-	-	-	-	64	0	0	0	-	-	-	-	26	0	0	0	-	-	-	-
Provision for credit losses
24,148	27,420	31,795	32,836	30,233	31,353	33,124	37,450	42,098	41,905	39,903	37,177	31,478	30,281	28,315	26,278	23,954	22,151	21,128	20,371	19,363	17,750	16,569	14,979	14,340	13,641	12,930	13,391	21,505	18,475	15,391	12,367	-4,492,382	12,561	14,095	15,611	0	0	0
Amortization of dealer discounts
8,639	8,915	10,457	10,641	10,958	11,450	10,692	11,488	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of insurance and fee commissions
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of purchase price discount
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of commission for products
-	-	-	-	-	-	-	1,656	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of dealer discounts
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-14,099	-	-13,533	-13,707	-13,854	-13,852	-13,783	-14,174	-13,800	-13,491	-12,595	-11,508	-11,308	-11,482	0	0	0	-	-	-	-	-	-	-	-
Amortization of commission for products
-	-	-	-	-	-	-	-	-	-	-	-1,754	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-1,159	-1,380	-952	-835	1,018	4,105	3,159	2,216	719	-2,841	-2,467	-1,956	-622	-412	-224	-292	-210	202	471	356	602	607	559	1,710	1,174	1,283	1,808	696	1,291	1,061	164	245	1,083,573	-772	-1,148	-1,440	0	0	0
Share-based compensation
187	153	54	80	18	103	153	217	373	427	613	607	632	622	562	574	547	535	527	514	512	513	528	535	558	498	652	812	806	892	775	551	-470,932	586	564	660	0	0	0
Excess tax (deficiency) benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of interest rate swap agreements
-	-	-	-	-	-	-	-17	21	102	231	222	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of interest rate swap agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-364	-99	143	-357	688	822	761	537	-504	0	0	0	-	-	-	-	-	-	-	-
Change in fair value of interest rate swap agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accrued interest receivable
577	414	459	157	-541	-619	-291	-469	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in repossessed assets
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of interest rate swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Prepaid expenses and other assets
1,174	1,199	-242	110	693	655	-37	-4	-139	-118	-224	-328	-141	0	-18	-192	-448	-236	-165	-66	140	-6	49	129	-11	103	-39	-39	-97	-61	-112	70	280,368	300	510	101	0	0	0
Accounts payable and accrued expenses
381	-364	-2,726	-1,686	-1,711	-1,323	526	-932	-2,397	-71	-1,572	93	1,752	-1,984	-1,549	-2,002	-714	240	517	-1,085	-324	381	915	1,519	1,157	-211	400	793	-329	252	-581	-596	60,731	349	-491	1,068	0	0	0
Income taxes receivable
-446	-33	413	149	1,495	1,074	1,662	786	0	0	0	-	-	-	1,028	480	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unearned insurance and fee commissions
0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes (receivable) and payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,120	435	-601	394	0	0	0	-	-	-	-	-	-	-	0
Income taxes receivable/payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Deferred revenues
-	-	-	-	-	-	-	-	-	-	-203	52	203	205	480	774	897	956	846	815	884	845	979	965	910	740	503	281	33	58	28	-25	30,646	-65	-45	-29	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	27,321	27,534	22,741	22,443	22,408	24,391	25,057	26,111	24,492	23,039	21,960	20,679	21,366	24,761	23,680	24,394	25,645	23,213	24,643	23,186	21,874	0	0	0	-	-	-	-
Net cash provided by operating activities
6,802	7,975	10,622	14,404	18,487	20,660	23,579	25,152	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Cash flows from investing activities
Purchase and origination of finance receivables
95,546	86,150	84,177	85,240	86,966	107,566	114,334	117,217	0	0	0	-	-	156,419	162,373	173,027	176,487	176,704	170,019	164,830	164,814	159,657	160,811	156,997	152,900	148,659	146,098	141,562	139,001	139,644	135,703	134,347	-95,853,312	133,134	134,939	134,049	0	0	0
Principal payments received
133,138	127,962	129,855	129,530	127,923	139,829	139,647	139,105	137,035	128,171	128,408	130,029	133,725	138,058	138,117	139,289	139,864	140,600	141,688	140,018	137,644	137,395	135,127	135,992	135,235	134,045	132,775	131,080	129,713	127,437	125,858	122,157	-71,515,276	114,156	108,268	101,715	0	0	0
Net assets acquired from branch acquisitions, primarily loans
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) in assets held for resale
-	-	-	-	-	-	-	-	-1	247	-81	305	1,044	56	370	401	-109	73	73	51	284	223	258	493	-7	370	299	-169	27	168	73	317	-191,611	127	223	-14	0	0	0
Purchase of property and equipment
196	230	227	228	100	21	28	130	187	292	471	772	763	788	1,166	913	943	878	489	443	569	595	481	465	331	300	285	271	262	251	268	320	-225,399	438	466	393	0	0	0
Proceeds from sale of property and equipment
0	0	0	-	-	-	-	68	38	33	44	53	51	55	63	61	0	0	0	-	-	-	-	83	0	0	0	-	-	-	-	72	0	0	0	-	-	-	-
Payment of cash dividend
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,851	4,312	30,046	30,096	29,844	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by investing activities
16,955	21,203	25,054	44,159	41,486	32,453	25,293	21,826	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Cash flows from financing activities
Repayments on credit facility
158,950	171,700	159,000	165,750	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-	-28,703	-27,918	-19,150	-25,729	-34,991	-37,398	-36,993	-28,809	-25,238	-27,923	-22,991	-26,353	-21,880	-17,940	-15,236	-13,880	-10,568	-9,554	-12,567	-10,134	-12,756	0	0	0	-	-	-	-
Repayments on line of credit
-	-	-	-	-	-	-	-	-36,340	-21,000	-5,000	2,000	1,340	-2,161	6,000	12,000	83,000	79,161	71,600	71,100	3,000	1,000	5,378	2,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the credit facility
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-10,733,177	0	5,977	10,725	0	0	0
Change in drafts payable
-	-	1,689	-	-	-	-1,299	179	-499	764	195	-352	313	-680	-534	977	-330	595	98	-137	-97	-125	200	-242	182	-554	-333	-494	-306	-171	56	276	-242,923	-604	-1,099	-937	0	0	0
Payment of loan originations fees
2,782	2,982	2,396	2,453	0	0	0	-	-	-	-	-	-	-	-	25	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expenses related to prior purchase of treasury shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	16	0	0	0	-	-	-	-	50	10	12	33	85	310	322	371	389	207	253	317	329	465	610	644	612	621	351	351	830	-19,596	705	537	55	0	0	0
Excess tax benefits of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	536	541	566	600	148	184	225	256	155	214	216	181	442	449	515	706	-63,251	382	245	78	0	0	0
Tax deficiency from share awards
-	-	-	-	-	-	-	-	-	-	-	66	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-3,903	-18,037	-6,140	-23,547	-58,803	-53,998	-51,608	-47,207	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	2,388	1,042	-1,465	6,575	11,044	13,376	8,627	1,638	1,499	3,429	1,538	4,305	351	-7,398	-7,692	-11,905	-15,081	-13,711	-11,073	-10,990	-8,333	0	0	0	-	-	-	-
Net (decrease) increase in cash
-	-	29,536	-	-	-	-2,736	-229	-582	-127	3,197	1,006	658	2,126	3,289	-1,539	370	-3,308	-1,059	753	-1,453	507	-1,368	-163	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-1,814,630	1,711	667	483	0	0	0