v3.20.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities:    
Net income $ 937 $ 16,869
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 4,792 4,486
(Gain) Loss on disposal of property and equipment (44) 10
Provision for loan losses 30,353 11,153
(Benefit) Provision for deferred income taxes (176) 2,281
Changes in operating assets and liabilities:    
Notes receivable (11,778) (7,698)
Prepaid expenses and other assets (8,452) (9,048)
Inventory (356) (8,237)
Accounts payable, accrued liabilities and other, and deferred income (29,102) 1,126
Net cash (used in) provided by operating activities (13,826) 10,942
Investing activities:    
Purchases of property and equipment (2,966) (7,507)
Proceeds from sale of property and equipment 147  
Net cash used in investing activities (2,819) (7,507)
Financing activities:    
Proceeds from borrowings collateralized by notes receivable 32,568 13,487
Payments on borrowings collateralized by notes receivable (36,059) (34,968)
Proceeds from borrowings collateralized by line-of-credit facilities and notes payable 80,000  
Payments under line-of-credit facilities and notes payable (2,411) (8,168)
Payments of debt issuance costs (76) (105)
Repurchase and retirement of common stock (11,741)  
Dividends paid (9,667) (12,655)
Net cash provided by (used in) financing activities 52,614 (42,409)
Net increase (decrease) in cash and cash equivalents and restricted cash 35,969 (38,974)
Cash, cash equivalents and restricted cash at beginning of period 239,646 273,134
Cash, cash equivalents and restricted cash at end of period 275,615 234,160
Supplemental schedule of operating cash flow information:    
Interest paid, net of amounts capitalized 8,317 8,271
Income taxes paid $ 199 $ 812

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