XML 23 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
OPERATING ACTIVITIES:    
Net Earnings $ 107,470 $ 55,188
Depreciation of Lease Merchandise 306,567 278,678
Other Depreciation and Amortization 26,350 26,174
Additions to Lease Merchandise (570,032) (472,752)
Book Value of Lease Merchandise Sold or Disposed 230,405 201,400
Change in Deferred Income Taxes (18,229) 31,163
Bad Debt Expense 13,384 11,660
Loss on Sale of Property, Plant, and Equipment 289 289
Gain on Asset Dispositions   (997)
Change in Income Tax Receivable 2,615 77,425
Change in Accounts Payable and Accrued Expenses (9,025) (35,835)
Change in Accrued Litigation Expense (41,720) 41,500
Change in Accounts Receivable 4,565 (4,210)
Excess Tax Benefits from Stock-Based Compensation (1,521) (693)
Change in Other Assets (9,327) (6,669)
Change in Customer Deposits and Advance Payments 1,801 (4,910)
Stock-Based Compensation 2,231 2,435
Other Changes, Net 909 1,285
Cash Provided by Operating Activities 46,732 201,131
INVESTING ACTIVITIES:    
Purchases of Investments (71,464) (33,079)
Additions to Property, Plant and Equipment (27,786) (36,938)
Acquisitions of Businesses and Contracts (23,130) (1,730)
Proceeds from Maturities and Calls of Investment Securities 12,000  
Proceeds from Dispositions of Businesses and Contracts   6,365
Proceeds from Sales of Property, Plant, and Equipment 1,991 5,621
Cash Used in Investing Activities (108,389) (59,761)
FINANCING ACTIVITIES:    
Proceeds from Credit Facilities 2,546 2,501
Repayments on Credit Facilities (2,630) (3,160)
Dividends Paid (2,273) (2,099)
Acquisition of Treasury Stock (9,536) (38,507)
Excess Tax Benefits from Stock-Based Compensation 1,521 693
Issuance of Stock Under Stock Option Plans 5,384 3,559
Cash Used in Financing Activities (4,988) (37,013)
(Decrease) Increase in Cash and Cash Equivalents (66,645) 104,357
Cash and Cash Equivalents at Beginning of Period 176,257 72,022
Cash and Cash Equivalents at End of Period $ 109,612 $ 176,379