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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities:    
Net loss $ (103,922) $ (77,309)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 9,862 4,645
Loss on disposal of property and equipment 267 565
Provision for bad debt and finance receivable allowance 1,131 494
Gain on loan sales (22,313) (8,390)
Equity-based compensation expense 4,093 2,102
Amortization and write-off of debt issuance costs 649 1,250
Originations of finance receivables (525,885) (223,843)
Proceeds from sale of finance receivables 513,820 231,942
Changes in assets and liabilities:    
Accounts receivable (9,500) (8,293)
Vehicle inventory (74,817) 11,668
Other current assets (7,397) (1,538)
Other assets 270 (1,148)
Accounts payable and accrued liabilities 33,002 942
Accounts payable to related party 1,391 285
Other liabilities (136) 5,337
Net cash used in operating activities (179,485) (61,291)
Cash Flows from Investing Activities:    
Purchases of property and equipment (73,425) (42,576)
Payments to Acquire Businesses, Gross (6,670) 0
Net cash used in investing activities (80,095) (42,576)
Cash Flows from Financing Activities:    
Proceeds from floor plan facility 837,673 397,082
Payments on floor plan facility (739,378) (395,555)
Proceeds from Verde Credit Facility 0 35,000
Payments on Verde Credit Facility 0 (35,000)
Proceeds from long-term debt 25,670 2,980
Payments on long-term debt (2,852) (641)
Payments of debt issuance costs, including $0 and $1,000 to related parties, respectively (325) (1,000)
Proceeds from exercise of stock options 169 0
Tax withholdings related to restricted stock awards (323) 0
Net cash provided by financing activities 290,005 209,189
Net increase in cash, cash equivalents and restricted cash 30,425 105,322
Cash, cash equivalents and restricted cash at beginning of period 187,123 49,450
Cash, cash equivalents and restricted cash at end of period 217,548 154,772
Common Stock    
Cash Flows from Financing Activities:    
Net proceeds from issuance of Class A common stock 172,287 206,323
Convertible Preferred Stock    
Cash Flows from Financing Activities:    
Dividends paid on Class A Convertible Preferred Stock (2,904) 0
Payments of costs related to issuance of Class A Convertible Preferred Stock $ (12) $ 0