Regional management corp. (RM)
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
Cash flows from operating activities:
Net income (loss)

30,299

44,732

39,819

34,696

34,809

35,345

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

26,489

-

24,931

24,962

24,458

23,365

19,379

14,269

13,275

14,802

19,806

25,650

27,640

28,794

26,431

26,178

26,394

24,752

24,930

23,127

21,227

21,040

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses

125,790

99,611

97,270

96,395

90,884

87,056

82,822

79,334

77,720

77,339

77,302

73,560

68,357

63,014

55,036

52,711

51,427

47,348

51,850

60,307

61,824

69,057

64,744

53,280

48,066

39,192

36,401

32,706

30,209

27,765

0

0

0

-

-

-

-

Provision for credit losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Depreciation and amortization

11,094

10,856

10,368

10,059

9,412

8,803

8,421

8,197

7,778

7,357

6,833

6,342

6,516

6,444

6,090

5,443

4,568

3,920

3,765

3,658

3,764

3,882

3,890

3,831

3,730

3,459

3,165

3,008

2,651

2,598

2,347

2,047

1,809

1,437

0

0

0

Loss on disposal of property and equipment

-102

-94

-46

-15

-27

-24

-164

-203

-241

-245

-149

-103

-20

-3

15

4

24

-343

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of discounts on purchased receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

31

40

58

85

94

162

462

434

0

0

0

-

-

-

-

-

-

-

-

Share-based compensation

5,569

5,147

4,722

4,950

5,051

5,262

4,356

4,074

4,046

3,660

4,406

4,395

4,532

4,158

3,049

2,268

2,180

3,638

5,082

5,062

4,017

2,312

1,859

1,686

1,593

1,571

774

735

699

542

339

233

123

191

0

0

0

Fair value adjustment on interest rate caps

-78

-249

-711

-712

-651

-330

155

124

92

-64

-42

-9

-81

-170

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Deferred income taxes, net

-7,106

-1,366

-3,408

-4,270

-2,740

-4,214

7,084

5,608

4,724

4,994

-5,600

-2,269

1,681

1,902

687

2,741

-1,091

-122

2,650

-3,152

-3,174

-4,523

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

8,692

8,527

7,188

4,361

0

0

0

Changes in operating assets and liabilities:
Decrease in other assets

-1,168

-2,456

-1,044

-8,104

-5,515

-7,306

2,197

10,751

7,617

11,294

-1,056

-1,876

126

1,739

1,698

3,919

1,940

-1,788

2,313

651

357

2,585

-3,394

-2,568

-432

-2,977

1,507

3,301

-3,210

1,295

1,267

-229

4,082

3,464

0

0

0

Increase (decrease) in accounts payable and accrued expenses

11,928

3,283

5,834

2,141

1,578

6,373

1,046

4,035

628

3,105

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48

397

3,160

2,681

1,620

3,741

1,538

2,966

3,269

548

3,819

324

585

-1,100

-2,844

-1,048

-1,740

293

-2,165

-169

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

108,726

-

88,372

85,080

83,300

83,391

82,770

83,723

81,212

85,847

87,179

80,982

80,896

72,601

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by operating activities

178,922

165,062

156,406

152,802

145,187

146,285

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57,094

56,329

43,984

41,493

0

0

0

Cash flows from investing activities:
Net repayments (originations) of finance receivables

261,742

268,281

245,780

213,840

189,528

192,446

188,142

193,355

180,921

169,366

147,710

148,784

151,230

148,548

148,256

125,887

133,583

132,632

115,589

113,134

83,218

59,962

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of intangible assets

1,644

1,603

1,238

1,256

856

1,446

2,252

4,474

6,120

6,355

6,926

5,760

5,516

5,302

4,724

4,056

2,754

1,946

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net repayment of finance receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

-

0

0

0

Purchases of property and equipment

5,499

5,804

6,213

6,103

5,823

5,352

3,655

4,204

4,064

4,765

5,959

6,284

6,191

6,433

6,113

4,811

4,877

3,366

1,709

2,002

2,645

3,319

4,178

3,578

4,170

4,163

3,864

3,714

2,571

1,996

0

0

0

-

-

-

-

Payment for business combination, net of cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,388

0

0

0

-

-

-

-

Proceeds from disposal of property and equipment

-

-

-

-

-

-

-

-

-

558

561

570

1,223

721

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-159,193

-

-163,380

-140,381

-150,075

-146,549

-120,677

-117,094

-87,352

-64,743

-83,673

-103,462

-112,500

-142,688

0

0

0

-

-

-

-

-

-

-

-

Purchase of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by (used in) investing activities

-268,826

-275,629

-253,172

-221,150

-196,207

-199,244

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-139,151

-111,248

-103,338

-79,222

0

0

0

Cash flows from financing activities:
Excess tax benefits from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Net payments on senior revolving credit facility

11,773

22,744

10,970

-37,591

-115,766

-123,977

-108,318

-63,413

-14,667

-799

25,616

60,001

98,099

114,567

56,005

27,076

20,155

-3,138

40,069

34,942

2,220

-21,334

-8,413

22,291

37,278

70,371

89,428

89,548

63,430

86,370

68,435

40,264

58,260

42,708

0

0

0

Payments on amortizing loan

-

-21,642

-18,091

-20,642

-25,738

-31,738

5,090

6,470

10,414

14,551

-24,782

-28,132

-31,746

-34,067

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net advances on revolving warehouse credit facility

23,992

16,507

9,013

21,182

-60,682

-35,940

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net payments on securitizations

-

130,102

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for debt issuance costs

4,689

4,891

4,333

3,891

7,457

7,235

4,685

5,191

4,410

4,547

4,340

3,679

1,008

1,060

2,508

2,688

2,483

2,237

842

178

165

165

37

30

1,048

1,065

0

0

0

-

-

-

-

-

-

-

-

Taxes paid related to net share settlement of equity awards

1,370

939

837

819

995

692

705

849

659

1,809

1,937

2,035

2,042

487

346

318

530

721

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

493

311

134

167

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

119

427

427

427

873

0

0

0

-

-

0

0

-

-

-

-

Repurchases of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

25,046

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net payments of other notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

693

-466

0

0

0

Net cash used in financing activities

117,973

116,853

112,625

81,690

69,957

81,083

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83,617

54,259

57,399

41,722

0

0

0

Excess tax benefits from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Decrease in cash overdraft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

-33

-334

-1,398

-364

0

0

0

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

47,128

-

74,045

53,335

72,151

66,800

38,998

34,602

1,935

-21,213

-7,604

23,111

37,012

70,910

0

0

0

-

-

-

-

-

-

-

-

Net change in cash and restricted cash

28,069

6,286

15,859

13,342

18,937

28,124

10,804

14,847

9,917

9,274

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental cash flow information:
Interest paid

35,988

35,478

35,909

32,937

32,134

30,127

27,601

26,047

22,045

20,460

18,807

17,750

18,409

17,590

17,485

16,753

16,068

15,385

14,757

14,479

14,233

14,367

14,427

14,442

14,115

13,468

0

0

0

-

-

-

-

-

-

-

-

Net change in cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-963

-1,966

5,376

3,642

1,091

1,231

-4,205

-109

-4,098

631

5,408

823

3,569

617

-1,572

-1,551

1,560

-660

-1,955

3,993

0

0

0

Paid to third parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,281

9,580

8,968

8,426

7,698

0

0

0

Paid to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,085

2,420

3,426

4,435

4,604

0

0

0

Income taxes paid

-

-

-

-

-

3,600

3,392

11,119

15,681

15,681

14,757

14,061

10,939

12,585

15,197

15,304

13,775

12,449

13,723

12,977

14,953

15,237

14,655

17,573

16,336

16,205

0

0

0

-

-

-

-

-

-

-

-

Cash payments for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,426

5,211

8,152

7,548

0

0

0