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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net income $ 28,844 $ 21,513
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 1,014 838
Provision for loan loss—consumer loans 769 851
Deferred income taxes (76) 1,842
Share based payment expense 630  
Changes in operating assets and liabilities:    
Accounts receivable 826 839
Consumer loans originations (18,961) (19,615)
Consumer loans principal collections 9,729 9,455
Notes receivable MHP originations (60,969) (37,893)
Notes receivable MHP principal collections 26,561 29,459
Inventories 10,275 (2,493)
Prepaid expenses and other current assets (1,876) (1,138)
Other assets (1,712) (382)
Accounts payable 2,340 (3,452)
Accrued liabilities (348) 4,335
Customer deposits (655) (681)
Dealer incentive liability (584) (658)
Net cash provided by (used in) operating activities (4,193) 2,820
Investing activities:    
Purchases of property, plant and equipment (4,206) (6,137)
Issuance of notes receivable (11,875) (1,231)
Notes receivable collections 372 4,146
Purchases of consumer loans (359) (1,443)
Collections from purchased consumer loans 955 212
Net cash used in investing activities (15,113) (4,453)
Financing activities:    
Proceeds from sale of common stock in initial public offering 7,200 48,000
Offering costs for initial public offering (505) (4,504)
Treasury stock purchase (3,060)  
Escrow liability, net 1,579 1,444
Principal payments on affiliate note payable   (1,500)
Principal payments on note payable (3,965) (221)
Proceeds from lines of credit 65,686 63,052
Payments on lines of credit (48,504) (102,467)
Net cash provided by financing activities 18,431 3,804
Net increase (decrease) in cash and cash equivalents (875) 2,171
Cash and cash equivalents at beginning of year 2,599 428
Cash and cash equivalents at end of year 1,724 2,599
Supplemental disclosure of cash flow information:    
Cash paid for interest 722 2,746
Cash paid for taxes 9,306 $ 5,153
Supplemental disclosure of non-cash transactions:    
Asset received in exchange of accounts receivable 422  
Asset received in exchange of note receivable $ 254