v3.20.4
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities:      
Net income $ 15,617 $ 46,124 $ 100,352
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 19,231 18,992 16,604
Loss (gain) on disposal of property and equipment 1,247 3,909 179
Provision for loan losses 56,941 55,701 51,305
(Benefit) provision for deferred income taxes (5,100) 1,448 2,090
Changes in operating assets and liabilities:      
Notes receivable (17,722) (65,910) (64,002)
Prepaid expenses and other assets 22,186 (2,706) 3,092
Inventory (185) (12,788) (32,022)
Accounts payable, accrued liabilities and other, and deferred income (13,663) 25,788 (764)
Net cash provided by operating activities 78,552 70,558 76,834
Investing activities:      
Purchases of property and equipment (7,704) (24,475) (32,539)
Proceeds from sale of property and equipment 190 4,880  
Proceeds from repayment of related party loan 80,000    
Net cash provided by (used) in investing activities 72,486 (19,595) (32,539)
Financing activities:      
Proceeds from borrowings collateralized by notes receivable 187,172 99,671 254,494
Payments on borrowings collateralized by notes receivable (214,785) (137,468) (216,023)
Proceeds from borrowings collateralized by line-of-credit facilities and notes payable 80,000 99,292 51,736
Payments under line-of-credit facilities and notes payable (87,917) (86,784) (43,066)
Payments of debt issuance costs (3,194) (3,332) (3,010)
Repurchase and retirement of common stock (11,741) (835) (4,000)
Distributions to non-controlling interest (4,900) (7,350) (9,800)
Dividends paid (95,923) (47,645) (44,841)
Net cash used in financing activities (151,288) (84,451) (14,510)
Net decrease in cash and cash equivalents and restricted cash (250) (33,488) 29,785
Cash, cash equivalents and restricted cash at beginning of period 239,646 273,134 243,349
Cash, cash equivalents and restricted cash at end of period 239,396 239,646 273,134
Supplemental schedule of operating cash flow information:      
Interest paid, net of amounts capitalized 29,671 34,945 30,260
Income taxes (received) $ (7,504)    
Income taxes paid   $ 15,567 25,156
Supplemental schedule of non-cash investing and financing activities:      
Acquisition of inventory, property, and equipment for notes payable     $ 24,258

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