XML 18 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES:    
Net Earnings $ 53,300 $ 49,687
Adjustments to Reconcile Net Earnings to Cash Provided by Operating Activities:    
Depreciation of Lease Merchandise 361,998 348,302
Other Depreciation and Amortization 20,640 20,743
Accounts Receivable Provision 36,135 34,514
Provision for Credit Losses on Loans Receivable 3,743 1,798
Stock-Based Compensation 5,274 5,529
Deferred Income Taxes (8,042) 1,616
Other Changes, Net (1,624) (6,816)
Changes in Operating Assets and Liabilities, Net of Effects of Acquisitions and Dispositions:    
Additions to Lease Merchandise (449,930) (447,382)
Book Value of Lease Merchandise Sold or Disposed 101,817 114,453
Accounts Receivable (34,030) (6,400)
Prepaid Expenses and Other Assets (2,799) 41,990
Income Tax Receivable 3,212 149,140
Accounts Payable and Accrued Expenses 12,465 (99,195)
Accrued Regulatory Expense 0 (4,737)
Customer Deposits and Advance Payments 2,020 (7,591)
Cash Provided by Operating Activities 104,179 195,651
INVESTING ACTIVITIES:    
Investments in Loans Receivable (18,157) (18,706)
Proceeds from Loans Receivable 16,416 18,635
Outflows on Purchases of Property, Plant and Equipment (12,512) (14,088)
Proceeds from Property, Plant and Equipment 4,080 15,082
Acquisitions of Businesses and Contracts (580) 0
Proceeds from Dispositions of Businesses and Contracts 71 (32)
Cash (Used in) Provided by Investing Activities (10,682) 891
FINANCING ACTIVITIES:    
Proceeds from Debt 2,750 84,133
Repayments on Debt (16,162) (173,169)
Dividends Paid (1,957) (1,816)
Acquisition of Treasury Stock (34,302) 0
Issuance of Stock Under Stock Option Plans 1,469 99
Other (5,385) (1,826)
Cash Used in Financing Activities (53,587) (92,579)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 19 0
Increase in Cash and Cash Equivalents 39,929 103,963
Cash and Cash Equivalents at Beginning of Period 308,561 14,942
Cash and Cash Equivalents at End of Period $ 348,490 $ 118,905