v3.20.2
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net (loss) income $ (7,252) $ 10,817
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,535 9,056
Loss (gain) on disposal of property and equipment 43 (1,945)
Provision for loan losses 32,199 23,072
Benefit for deferred income taxes (5,386) (10,041)
Changes in operating assets and liabilities:    
Notes receivable 12,137 (24,905)
Prepaid expenses and other assets 15,783 (11,528)
Inventory (3,333) (8,071)
Accounts payable, accrued liabilities and other, and deferred income (44,729) 25,157
Net cash provided by operating activities 8,997 11,612
Investing activities:    
Purchases of property and equipment (4,542) (14,516)
Proceeds from sale of property and equipment 165 1,820
Net cash used in investing activities (4,377) (12,696)
Financing activities:    
Proceeds from borrowings collateralized by notes receivable 42,418 45,095
Payments on borrowings collateralized by notes receivable (66,115) (66,769)
Proceeds from borrowings collateralized by line-of-credit facilities and notes payable 80,000 20,386
Payments under line-of-credit facilities and notes payable (44,324) (17,407)
Payments of debt issuance costs (581) (132)
Repurchase and retirement of common stock (11,741)  
Dividends paid (9,667) (25,312)
Net cash used in financing activities (10,010) (44,139)
Net decrease in cash and cash equivalents and restricted cash (5,390) (45,223)
Cash, cash equivalents and restricted cash at beginning of period 239,646 273,134
Cash, cash equivalents and restricted cash at end of period 234,256 227,911
Supplemental schedule of operating cash flow information:    
Interest paid, net of amounts capitalized 16,423 16,871
Income taxes paid $ 241 $ 14,357

Source