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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net income $ 49,442 $ 23,713
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,995 10,436
Other non-cash interest expense, net 6,629 11,597
Stock-based compensation expense 1,826 2,276
Deferred income taxes 19,682 5,071
Allowance reversals on receivable portfolios, net (1,367) (9,811)
Other, net 4,081 1,342
Changes in operating assets and liabilities    
Deferred court costs and other assets 18,725 (5,811)
Prepaid income tax and income taxes payable (30,247) (2,245)
Accounts payable, accrued liabilities and other liabilities (67,775) (35,539)
Net cash provided by operating activities 10,991 1,029
Investing activities:    
Purchases of receivable portfolios, net of put-backs (258,635) (280,909)
Collections applied to investment in receivable portfolios, net 201,328 206,402
Purchases of property and equipment (10,227) (11,220)
Other, net (1,980) 1,239
Net cash used in investing activities (69,514) (84,488)
Financing activities:    
Proceeds from credit facilities 196,263 177,449
Repayment of credit facilities (119,854) (87,356)
Taxes paid related to net share settlement of equity awards (1,950) (2,571)
Other, net (2,912) (2,884)
Net cash provided by financing activities 71,547 84,638
Net increase in cash and cash equivalents 13,024 1,179
Effect of exchange rate changes on cash and cash equivalents (3,346) 3,820
Cash and cash equivalents, beginning of period 157,418 212,139
Cash and cash equivalents, end of period $ 167,096 $ 217,138