World acceptance corp (WRLD)
Balance Sheet / Quarterly
Dec'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
ASSETS
Cash and cash equivalents

12,038

10,224

9,759

9,335

11,131

5,595

10,262

12,473

24,971

18,780

14,542

15,200

15,985

16,255

10,123

12,377

20,942

12,557

17,210

38,338

16,777

14,631

16,044

19,569

19,387

14,489

11,399

11,625

17,174

12,704

12,875

10,768

14,265

13,060

9,801

8,030

Loans and Leases Receivable, Gross

1,372,768

1,274,146

1,222,696

1,127,957

1,258,907

1,126,792

1,062,673

1,004,233

1,229,304

1,147,641

1,110,371

1,059,804

1,165,009

1,095,577

1,087,502

1,066,964

1,219,209

1,162,836

1,150,668

1,110,145

1,262,617

1,194,039

1,164,367

1,112,307

1,264,058

1,163,237

1,125,261

1,067,051

1,183,705

1,087,901

1,027,165

972,722

1,066,077

964,955

939,077

875,045

Restricted cash (See Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77,000

-

-

Less:
Financing Receivable Individually Evaluated for Impairment Unearned Interest and Fees

366,034

334,326

320,728

290,813

338,132

297,698

280,886

-

341,926

321,439

312,785

-

327,308

305,079

302,092

-

337,504

318,477

314,169

-

-

-

-

298,387

-

-

-

-

-

-

-

-

-

-

-

-

Unearned interest, insurance and fees

366,034

334,326

320,728

290,813

338,132

297,698

280,886

258,991

341,926

321,439

312,785

291,908

327,308

305,079

302,092

290,659

-

-

-

297,402

344,992

321,794

315,506

-

347,333

320,980

306,768

284,956

324,730

297,406

277,417

257,637

287,848

258,484

252,818

228,974

Allowance for loan losses

113,069

101,469

87,353

81,519

91,305

79,310

68,029

66,088

96,473

86,730

76,526

72,194

81,803

76,421

71,993

69,565

84,488

80,317

71,959

70,437

85,018

81,817

67,885

63,254

74,602

67,608

61,630

59,980

66,804

61,328

55,670

54,507

61,118

54,164

50,419

48,354

Loans receivable, net

893,664

838,351

814,614

755,624

829,469

749,783

713,757

679,153

790,904

739,470

721,060

695,700

755,897

714,076

713,417

706,739

797,216

764,041

764,538

742,304

832,606

790,427

780,976

750,664

842,122

774,649

756,861

722,114

792,170

729,166

694,077

660,577

717,110

652,306

635,838

597,716

Operating Lease, Right-of-Use Asset

122,841

119,403

117,266

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

28,215

27,075

25,766

25,424

24,436

23,816

23,254

22,785

24,972

24,357

24,400

24,184

23,762

23,898

24,465

25,296

23,313

23,348

25,704

25,906

26,058

25,810

25,637

24,826

24,448

23,957

23,664

23,935

24,104

24,319

23,816

23,485

22,820

23,198

23,680

23,366

Deferred income taxes

30,544

31,898

25,903

23,830

23,781

22,892

19,807

20,175

36,326

46,864

40,272

39,025

43,612

41,890

39,339

38,130

41,036

38,517

37,481

37,345

41,382

36,902

34,495

33,514

39,109

36,242

30,340

29,415

28,247

25,598

18,631

18,473

20,631

17,958

14,741

14,480

Other assets, net

23,640

16,151

16,493

18,398

16,974

20,970

12,467

13,244

15,089

13,580

13,471

13,797

13,024

12,513

14,155

14,636

15,307

15,823

17,428

12,749

11,972

12,693

12,106

11,707

11,962

11,149

10,804

11,712

11,929

10,348

10,655

10,527

10,366

9,309

8,872

10,804

Goodwill

7,240

7,262

7,239

7,034

7,034

7,034

7,034

7,034

7,034

7,034

8,432

6,067

6,067

6,067

6,121

6,121

6,121

6,121

6,121

6,121

6,121

5,967

5,967

5,967

5,967

5,967

5,967

5,896

5,896

5,896

5,690

5,690

5,634

5,634

5,634

5,634

Intangible assets, net

24,825

27,448

23,649

15,340

14,684

8,856

6,380

6,644

6,791

6,981

4,584

6,614

2,588

2,696

2,806

2,916

3,038

3,169

3,223

3,363

3,429

3,543

3,638

3,777

4,013

4,253

4,495

4,624

4,661

4,927

5,132

5,479

5,723

5,884

6,257

6,364

Disposal Group, Including Discontinued Operation, Assets, Noncurrent

-

-

-

-

0

0

19,012

79,475

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

1,143,011

1,077,816

1,040,692

854,988

927,513

838,949

811,977

840,987

906,091

857,069

826,763

800,588

860,937

817,398

810,429

806,218

906,976

863,580

871,709

866,130

938,349

889,975

878,866

850,027

947,010

870,709

843,533

809,324

884,184

812,961

770,880

735,003

796,553

804,352

704,826

666,396

LIABILITIES & SHAREHOLDERS' EQUITY
Liabilities:
Senior notes payable

583,731

518,831

326,390

251,940

308,040

230,190

239,840

244,900

376,850

320,750

300,550

295,136

397,936

360,586

360,360

374,685

511,935

489,585

488,950

501,150

591,950

559,700

548,100

505,500

583,250

486,850

448,950

400,250

492,700

386,600

353,600

229,250

278,915

232,600

141,150

82,250

Convertible senior subordinated notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

77,000

77,000

75,180

Discount on convertible subordinated notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

906

-

Net of discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

77,000

76,093

-

Junior subordinated note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

50,000

50,000

50,000

30,000

30,000

Income taxes payable

52

1,521

12,717

11,550

10,800

13,565

17,846

14,097

5,403

12,084

15,008

12,519

10,983

10,114

18,413

8,258

4,412

1,335

18,588

18,204

6,002

7,691

20,013

9,521

6,545

6,024

14,959

13,941

5,190

6,626

12,832

11,528

5,442

11,615

17,832

13,097

Operating Lease, Liability

123,667

120,130

117,871

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

43,403

42,389

34,053

39,381

34,604

30,203

30,600

33,503

34,897

34,082

32,743

31,869

30,026

28,881

26,879

31,373

27,758

25,820

27,914

31,208

27,327

28,977

26,457

27,650

28,645

25,109

25,452

28,737

26,786

22,345

22,587

25,349

22,684

20,493

19,709

23,293

Disposal Group, Including Discontinued Operation, Liabilities, Current

-

-

-

-

0

0

6,418

7,378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

750,854

682,872

491,032

302,871

353,444

273,958

294,705

299,879

417,150

366,916

348,301

339,525

438,947

399,582

405,652

414,317

544,106

516,740

535,453

550,563

625,279

596,369

594,571

542,672

618,440

517,983

489,362

442,928

524,676

415,571

389,020

316,128

357,042

391,709

284,786

223,821

Commitments and contingencies

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

Shareholders' equity:
Preferred stock, no par value

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, no par value

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

221,172

218,135

208,876

198,125

187,258

180,680

178,791

175,887

157,872

155,823

153,113

144,241

143,337

140,180

139,384

138,835

140,058

137,703

140,744

141,864

133,711

126,434

122,060

118,365

110,032

100,525

95,207

89,789

81,748

73,895

69,980

65,630

61,625

52,081

51,031

47,352

Retained earnings

170,984

176,808

340,783

353,990

386,809

384,310

369,772

391,275

362,132

360,452

350,653

344,605

312,754

308,110

292,618

276,000

246,175

231,423

212,237

188,605

192,008

173,518

165,748

193,095

222,660

256,643

262,401

277,024

281,150

326,355

316,863

355,980

384,170

365,509

368,432

395,086

Accumulated other comprehensive loss

-

-

-

-

0

0

-31,290

-26,055

-31,065

-26,124

-25,304

-27,782

-34,101

-30,474

-27,226

-22,934

-23,363

-22,288

-16,726

-14,902

-12,649

-6,345

-3,514

-4,106

-4,122

-4,443

-3,438

-418

-3,391

-2,861

-4,984

-2,736

-6,285

-4,947

576

136

Total shareholders' equity

392,157

394,944

549,660

552,116

574,068

564,990

517,272

541,107

488,940

490,152

478,462

461,063

421,990

417,816

404,776

391,901

362,870

346,839

336,255

315,567

313,070

293,606

284,295

307,355

328,570

352,725

354,170

366,396

359,507

397,389

381,860

418,875

439,510

412,643

420,040

442,575

Total liabilities and shareholders' equity

1,143,011

1,077,816

1,040,692

854,988

927,513

838,949

811,977

840,987

906,091

857,069

826,763

800,588

860,937

817,398

810,429

806,218

906,976

863,580

871,709

866,130

938,349

889,975

878,866

850,027

947,010

870,709

843,533

809,324

884,184

812,961

770,880

735,003

796,553

804,352

704,826

666,396