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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 605,428 $ 516,140 $ 496,170
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 492,140 313,082 216,119
Deferred income taxes (121,342) (13,391) 42,913
Provision for loan loss 668,200 425,205 345,758
Non-cash stock compensation 91,381 72,462 59,183
Amortization of discount on debt 867 12,709 65,677
Amortization of deferred financing costs 31,460 24,019 25,492
Earn-out obligation   105,944  
Change in other operating assets and liabilities, net of acquisitions:      
Change in deferred revenue (6,266) (27,782) (30,383)
Change in trade receivables 8,307 (156,003) (33,414)
Change in accounts payable and accrued expenses 67,230 125,919 (28,011)
Change in other assets (112,962) (128,660) (148,952)
Change in other liabilities 37,062 89,915 63,914
Change in contingent liability (99,601)    
Originations of credit card and loan receivables held for sale (6,579,851) (5,271,668) (1,674,713)
Sales of credit card and loan receivables held for sale 6,567,105 5,284,880 1,612,631
Other 56,683 (28,612) (8,892)
Net cash provided by operating activities 1,705,841 1,344,159 1,003,492
CASH FLOWS FROM INVESTING ACTIVITIES:      
Change in redemption settlement assets (22,396) (59,701) (54,572)
Change in cash collateral, restricted 15,750 12,658 32,405
Change in restricted cash (2,061) 803 39,378
Change in credit card and loan receivables (2,872,045) (2,260,706) (1,420,931)
Purchase of credit card portfolios (243,151) (953,171) (46,705)
Sale of credit card portfolios 26,900    
Payments for acquired businesses, net of cash (45,430) (1,195,808)  
Capital expenditures (191,683) (158,694) (135,376)
Purchases of other investments (38,787) (125,729) (35,084)
Maturities/sales of other investments 11,800 7,227 2,852
Other (1,445) (4,000) (1,383)
Net cash used in investing activities (3,362,548) (4,737,121) (1,619,416)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under debt agreements 3,087,414 3,431,087 1,985,000
Repayments of borrowings (2,228,303) (1,835,161) (1,300,241)
Proceeds from convertible note hedge counterparties   1,519,833 1,056,307
Settlement of convertible note borrowings   (1,864,803) (1,861,289)
Payment of acquisition-related contingent consideration (205,928)    
Acquisition of non-controlling interest (87,376)    
Issuances of deposits 3,252,198 3,820,867 1,989,576
Repayments of deposits (2,403,429) (1,863,686) (1,401,625)
Non-recourse borrowings of consolidated securitization entities 4,675,000 2,670,000 2,268,285
Repayments/maturities of non-recourse borrowings of consolidated securitization entities (3,373,750) (2,070,000) (1,807,339)
Payment of deferred financing costs (29,512) (55,119) (24,772)
Excess tax benefits from stock-based compensation 20,134 34,159 17,267
Proceeds from issuance of common stock 18,003 17,063 14,090
Purchase of treasury shares (951,550) (286,618) (231,085)
Other   (1,476) (22)
Net cash provided by financing activities 1,772,901 3,516,146 704,152
Effect of exchange rate changes on cash and cash equivalents (25,309) (15,854) (11,758)
Change in cash and cash equivalents 90,885 107,330 76,470
Cash and cash equivalents at beginning of year 1,077,152 969,822 893,352
Cash and cash equivalents at end of year 1,168,037 1,077,152 969,822
SUPPLEMENTAL CASH FLOW INFORMATION:      
Interest paid 311,396 221,237 239,203
Income taxes paid, net $ 304,214 $ 255,985 $ 216,530