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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net income $ 32,882 $ 40,813
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 11,404 9,375
Amortization of intangible assets 5,774 5,325
Provision for uncollectible overdrawn accounts 16,766 15,192
Employee stock-based compensation 5,645 5,213
Stock-based retailer incentive compensation 0 1,906
Amortization of premium on available-for-sale investment securities 269 235
Change in fair value of contingent consideration 0 (7,616)
Amortization of deferred financing costs 384 384
Impairment of capitalized software 105 0
Deferred income tax expense 0 (21)
Changes in operating assets and liabilities:    
Accounts receivable, net (2,428) (2,313)
Prepaid expenses and other assets (4,187) (31)
Deferred expenses 5,113 5,800
Accounts payable and other accrued liabilities (12,448) (9,410)
Amounts due to card issuing banks for overdrawn accounts 402 1,169
Deferred revenue (7,458) (5,618)
Income tax receivable 18,591 24,091
Other, net 145 2
Net cash provided by operating activities 70,959 84,496
Investing activities    
Purchases of available-for-sale investment securities (38,492) (34,631)
Proceeds from maturities of available-for-sale securities 25,945 21,972
Proceeds from sales of available-for-sale securities 21 12,733
Increase in restricted cash (581) (1,429)
Payments for acquisition of property and equipment (12,182) (14,144)
Decrease (increase) in loans 5 (265)
Acquisition, net of cash acquired 0 (65,209)
Net cash used in investing activities (25,284) (80,973)
Financing activities    
Repayments of borrowings from note payable (5,625) (5,625)
Borrowings on revolving line of credit 15,000 30,001
Repayments on revolving line of credit (15,000) (30,001)
Proceeds from exercise of options 2,884 269
Excess tax benefits from exercise of options 338 24
Taxes paid related to net share settlement of equity awards (1,174) (152)
Net (decrease) increase in deposits (15,211) 78,872
Net (decrease) increase in obligations to customers (50,062) 77,344
Contingent consideration payments (189) (169)
Repurchase of Class A common stock (9,013) 0
Net cash (used in) provided by financing activities (78,052) 150,563
Net (decrease) increase in unrestricted cash, cash equivalents, and federal funds sold (32,377) 154,086
Unrestricted cash, cash equivalents, and federal funds sold, beginning of year 772,129 724,638
Unrestricted cash, cash equivalents, and federal funds sold, end of year 739,752 878,724
Cash paid for interest 4,397 1,112
Cash paid for income taxes $ 140 $ 779