8-K

UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):
January 24, 2008

CASH AMERICA INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)

Texas	1-9733	75-2018239
(State of incorporation)	(Commission File No.)	(IRS Employer Identification No.)

1600 West 7th Street
Fort Worth, Texas 76102
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code:  (817) 335-1100

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02     Results of Operations and Financial Condition

On January 24, 2008, Cash America International, Inc. (the "Company") announced its consolidated financial results for the fourth quarter ended December 31, 2007. A copy of the Company’s earnings news release is furnished as Exhibit 99.1 to this report on Form 8-K and is incorporated herein by reference.

Item 9.01     Financial Statements and Exhibits

(c)	Exhibits – The following exhibits are furnished pursuant to the disclosures included under Items 2.02 of this report on Form 8-K.
99.1	Earnings news release dated January 24, 2008, issued by Cash America International, Inc.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		CASH AMERICA INTERNATIONAL, INC.
Date:	January 24, 2008	By:	/s/ J. Curtis Linscott
			J. Curtis Linscott
			Executive Vice President, General Counsel & Secretary

EXHIBIT INDEX

Exhibit Number	Description
99.1	Earnings news release dated January 24, 2008, issued by Cash America International, Inc.

EX-99.1

Exhibit 99.1

Cash America Announces Fourth Quarter Earnings Per Share Increases 24% and Declares Dividend

FORT WORTH, Texas--(BUSINESS WIRE)--Cash America International, Inc. (NYSE: CSH) announced today that its fourth quarter 2007 earnings per share rose 24% to 88 cents on $26,287,000 in net income compared to 71 cents per share on net income of $21,699,000 for the fourth quarter of 2006. The successful fourth quarter 2007 period, which ended on December 31, is attributable to a 21% increase in total revenue for the period, which reached $261,129,000, up from $215,714,000 in the same period in 2006. The year-over-year revenue growth continued a trend that has existed throughout 2007, as revenue from the Company’s various loan products increased 23% to $138.3 million and revenue from the sale of merchandise increased 20% to $119.5 million in the fourth quarter of 2007 compared to the fourth quarter of 2006.

Commenting on the results of the quarter, Daniel R. Feehan, President and Chief Executive Officer of Cash America, said, “Our Company emerged from one of the most challenging fourth quarter economic environments in recent history with strong and improving trends in our key business metrics. During the period, we experienced the second consecutive quarter with a sequential decrease in loan losses and the disposition of merchandise in our stores increased year over year while gross profit margins expanded. These factors led to a sequential improvement in our marginal profitability compared to the third quarter and positions us well as we move ahead into fiscal 2008.”

Total revenue for the fiscal year ended December 31, 2007, was $929.4 million, up 34% from $694.5 million in 2006. Cash America finished fiscal year 2007 with a 30% increase in net income to $79,346,000 ($2.61 per share) for the twelve-month period compared to $60,940,000 ($2.00 per share) in fiscal 2006. Included in the 2007 total is an after-tax gain of 13 cents per share from a pre-tax gain of $6.3 million from the Company’s third quarter sale of its notes receivable related to the 2004 sale of its overseas pawn lending business, Svensk Pantbelåning. Included in the 2006 total is an after-tax gain of 5 cents per share from a $2,167,000 pre-tax gain on proceeds from a lease contract that was terminated during the second quarter of that year. Excluding these gains, income from continuing operations was up 26% to $75,290,000 ($2.48 per share) for the full year of 2007 compared to the full year of 2006.

Cash America will conduct a conference call to discuss its fourth quarter earnings Thursday, January 24, 2008 at 3:45 PM CST. A live web cast of the call will be available on the Company’s corporate web site in the Investor Relations section (www.cashamerica.com). To listen to the live call, please go to the web site at least fifteen minutes early to register, download, and install any necessary audio software. A replay will be available on the Company’s web site for 90 days following the conference call.

Additionally, the Company announced that the Board of Directors, at its regularly scheduled quarterly meeting, declared a $0.035 (3.5 cents) per share cash dividend on common stock outstanding. The dividend will be paid at the close of business on February 20, 2008 to shareholders of record on February 6, 2008.

Outlook for the First Quarter of 2008 and the 2008 Fiscal Year

Management believes that the opportunities for sustained growth in revenue and earnings will be largely associated with the customer demand for the credit products provided by the Company, which take the form of pawn loans and short-term cash advances, and the ability to sell merchandise from unredeemed pawn loans. As it enters the first quarter of 2008, management anticipates that demand for the Company’s products will remain strong, but also believes that, as in prior years, tax refunds received by the Company’s customers during the first quarter will have a meaningful impact on the first quarter results. Typically the Company’s customers who receive refunds use those proceeds to pay-off current and past due cash advance obligations, to redeem pawned merchandise and to purchase merchandise at the Company’s locations. Based on its views and on the preceding factors, management expects that the first quarter 2008 net income per share will be between 70 and 75 cents per share compared to 63 cents per share in the first quarter 2007.

Expectations for the remainder of fiscal 2008 will be affected by the magnitude and timing of personal income tax refunds for many of the Company’s customers and the subsequent recovery of earning asset levels in later periods based on customer demand for credit products. At this time, management confirms its previously reported expectation that its fiscal year 2008 earnings per share will be in the range of $2.85 and $3.05, compared to $2.48 per share from continuing operations in fiscal 2007. The fiscal 2007 comparable full year income from continuing operations excludes an after-tax gain of 13 cents per share related to the third quarter pre-tax gain of $6.3 million from the Company’s sale of its notes receivable from its former overseas pawn lending business.

Cash America International, Inc. is a provider of specialty financial services to individuals in the United States with 942 total locations. Cash America is the largest provider of secured non-recourse loans to individuals, commonly referred to as pawn loans, through 499 locations in 23 states under the brand names Cash America Pawn and SuperPawn. The Company also offers short-term cash advances in many of its locations including 304 locations that offer this service under the brand names Cash America Payday Advance and Cashland. Short-term cash advances are also offered over the Internet to customers in 32 states in the United States and the United Kingdom at http://www.cashnetusa.com and http://www.quickquid.co.uk, respectively. In addition, check cashing services are provided through its 139 franchised and Company-owned “Mr. Payroll” check cashing centers.

For additional information regarding the Company and the services it provides, visit the Company’s websites located at:

http://www.cashamerica.com	http://www.cashnetusa.com
http://www.cashlandloans.com	http://www.quickquid.co.uk

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This release contains forward-looking statements about the business, financial condition and prospects of Cash America International, Inc. and its subsidiaries (the “Company”). The actual results of the Company could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties including, without limitation, changes in demand for the Company's services, the continued acceptance of the online distribution channel by the Company’s cash advance customers, the actions of third parties who offer products and services at the Company’s locations, changes in tax and other laws and governmental rules and regulations applicable to the Company’s business, fluctuations in the price of gold, changes in competition, the ability of the Company to open new operating units in accordance with its plans, economic conditions, real estate market fluctuations, interest rate fluctuations, changes in foreign currency exchange rates, changes in the capital markets, changes in tax and other laws and governmental rules and regulations applicable to the Company's businesses, the ability to successfully integrate newly acquired businesses into the Company’s operations and other risks indicated in the Company's filings with the Securities and Exchange Commission. These risks and uncertainties are beyond Company’s control, and the Company cannot predict all of the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward-looking statements. When used in this release, terms such as “believes,” “estimates,” “plans,” “expects,” “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements to reflect events or circumstances occurring after the date of this release.

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
HIGHLIGHTS OF CONSOLIDATED RESULTS OF OPERATIONS
(in thousands, except per share data)
	Three Months Ended				Year Ended
	December 31,				December 31,
	2007		2006		2007		2006
Consolidated Operations:
Total revenue	$	261,129	$	215,714	$	929,394	$	694,514
Net revenue	$	186,739	$	152,694	$	682,602	$	489,585
Total operating expenses	$	141,059	$	115,400	$	549,093	$	385,566
Income from operations	$	45,680	$	37,294	$	133,509	$	104,019
Income before income taxes	$	41,733	$	33,839	$	124,765	$	96,168
Net Income	$	26,287	$	21,699	$	79,346	$	60,940
Earnings per share:
Basic	$	0.90	$	0.73	$	2.68	$	2.05
Diluted	$	0.88	$	0.71	$	2.61	$	2.00
Weighted average shares:
Basic		29,338		29,750		29,643		29,676
Diluted		30,008		30,561		30,349		30,532

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in thousands, except share data)
	December 31,
	2007			2006
	(Unaudited)
Assets
Current assets:
Cash and cash equivalents	$	22,725		$	25,723
Pawn loans		137,319			127,384
Cash advances, net		88,148			79,975
Merchandise held for disposition, net		98,134			87,060
Finance and service charges receivable		26,963			25,377
Other receivables and prepaid expenses		16,292			16,128
Deferred tax assets		20,204			16,324
Total current assets		409,785			377,971
Property and equipment, net		161,676			119,261
Goodwill		306,221			238,499
Intangible assets, net		23,484			27,477
Other assets		3,478			13,036
Total assets	$	904,644		$	776,244
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued expenses	$	87,399		$	91,217
Customer deposits		7,856			7,464
Income taxes currently payable		3,755			2,691
Current portion of long-term debt		8,500			16,786
Total current liabilities		107,510			118,158
Deferred tax liabilities		18,584			12,770
Other liabilities		1,671			1,625
Long-term debt		280,277			202,963
Total liabilities		408,042			335,516
Stockholders’ equity:
Common stock, $.10 par value per share, 80,000,000 shares authorized, 30,235,164 shares issued		3,024			3,024
Additional paid-in capital		163,581			161,683
Retained earnings		363,180			287,962
Accumulated other comprehensive income (loss)		16			20
Notes receivable secured by common stock		−			(18	)
Treasury shares, at cost (1,136,059 shares and 565,840 shares at December 31, 2007 and 2006, respectively)		(33,199	)		(11,943	)
Total stockholders’ equity		496,602			440,728
Total liabilities and stockholders’ equity	$	904,644		$	776,244

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(in thousands, except per share data)
	Three Months Ended						Year Ended
	December 31,						December 31,
	2007			2006			2007			2006
				(Unaudited)
Revenue
Finance and service charges	$	43,949		$	40,425		$	160,960		$	149,472
Proceeds from disposition of merchandise		119,479			99,864			396,821			334,036
Cash advance fees		94,316			71,870			355,196			195,105
Check cashing fees, royalties and other		3,385			3,555			16,417			15,901
Total Revenue		261,129			215,714			929,394			694,514
Cost of Revenue
Disposed merchandise		74,390			63,020			246,792			204,929
Net Revenue		186,739			152,694			682,602			489,585
Expenses
Operations		81,143			69,183			304,480			247,707
Cash advance loss provision		36,550			26,825			155,238			59,563
Administration		14,939			11,882			57,250			50,984
Depreciation and amortization		8,427			7,510			32,125			27,312
Total Expenses		141,059			115,400			549,093			385,566
Income from Operations		45,680			37,294			133,509			104,019
Interest expense		(3,902	)		(3,935	)		(16,021	)		(11,945	)
Interest income		42			429			1,041			1,631
Foreign currency transaction gain		(87	)		51			(24	)		296
Gain from termination of contract		−			−			−			2,167
Gain on sale of foreign notes		−			−			6,260			−
Income before Income Taxes		41,733			33,839			124,765			96,168
Provision for income taxes		15,446			12,140			45,419			35,228
Net Income	$	26,287		$	21,699		$	79,346		$	60,940
Earnings Per Share:
Basic	$	0.90		$	0.73		$	2.68		$	2.05
Diluted	$	0.88		$	0.71		$	2.61		$	2.00
Weighted average common shares outstanding:
Basic		29,338			29,750			29,643			29,676
Diluted		30,008			30,561			30,349			30,532
Dividends declared per common share	$	0.035		$	0.025		$	0.140		$	0.100

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
FINANCIAL AND OPERATING DATA
($ in thousands unless otherwise noted)
	Three Months Ended						Year Ended
	December 31,						December 31,
	2007			2006			2007			2006
PAWN LENDING OPERATIONS:
Pawn loans
Annualized yield on pawn loans		128.3	%		122.7	%		125.5	%		123.6	%
Total amount of pawn loans written and renewed	$	136,741		$	116,876		$	514,799		$	474,046
Average pawn loan balance outstanding	$	135,914		$	130,713		$	128,259		$	120,930
Average pawn loan balance per average location in operation	$	281		$	279		$	267		$	262
Ending pawn loan balance per location in operation	$	283		$	268		$	283		$	268
Average pawn loan amount at end of period (not in thousands)	$	116		$	107		$	116		$	107
Profit margin on disposition of merchandise as a percentage of proceeds from disposition of merchandise		37.7	%		36.9	%		37.8	%		38.7	%
Average annualized merchandise turnover	2.9		x	2.8		x	2.7		x	2.7		x
Average balance of merchandise held for disposition per average location in operation	$	210		$	188		$	189		$	165
Ending balance of merchandise held for disposition per location in operation	$	202		$	183		$	202		$	183
Pawnshop locations in operation –
Beginning of period, owned		483			463			475			456
Acquired	―				12			5			19
Start-ups		2		―				6			2
Combined or closed	―			―				(1	)		(2	)
End of period, owned		485			475			485			475
Franchise locations at end of period		14			12			14			12
Total pawnshop locations at end of period		499			487			499			487
Average number of owned pawnshop locations		484			469			480			462
Cash advances (a)
Pawn locations offering cash advances at end of period		431			423			431			423
Average number of pawn locations offering cash advances		430			419			426			423
Amount of cash advances written at pawn locations:
Funded by the Company	$	16,123		$	17,839		$	65,022		$	66,952
Funded by third-party lenders (b) (d)		47,195			56,059			188,705			207,732
Aggregate amount of cash advances written at pawn locations(b) (f)	$	63,318		$	73,898		$	253,727		$	274,684
Number of cash advances written at pawn locations (not in thousands):
By the Company		53,020			58,922			213,273			213,467
By third-party lenders (b) (d)		100,847			124,998			409,576			480,649
Aggregate number of cash advances written at pawn locations(b) (f)		153,867			183,920			622,849			694,116
Cash advance customer balances due at pawn locations (gross):
Owned by Company (c)	$	8,627		$	8,448		$	8,627		$	8,448
Owned by third-party lenders (b) (d)		9,198			11,202			9,198			11,202
Aggregate cash advance customer balances due at pawn locations (gross) (b) (f)	$	17,825		$	19,650		$	17,825		$	19,650

CASH AMERICA INTERNATIONAL, INC., AND SUBSIDIARIES
FINANCIAL AND OPERATING DATA (Continued)
($ in thousands unless otherwise noted)
	Three Months Ended					Year Ended
	December 31,					December 31,
	2007			2006		2007			2006
CASH ADVANCE OPERATIONS (e):
Storefront operations:
Amount of cash advances written:
Funded by the Company	$	184,120		$	182,439	$	706,839		$	614,008
Funded by third-party lenders (b) (d)		30,599			33,350		115,483			137,345
Aggregate amount of cash advances written (b) (f)	$	214,719		$	215,789	$	822,322		$	751,353
Number of cash advances written (not in thousands):
By the Company		505,761			505,184		1,944,251			1,740,615
By third-party lenders (b) (d)		54,945			62,275		214,372			266,389
Aggregate number of cash advances written (b) (f)		560,706			567,459		2,158,623			2,007,004
Cash advance customer balances due (gross):
Owned by the Company (c)	$	51,389		$	53,201	$	51,389		$	53,201
Owned by third-party lenders (b) (d)		5,530			6,327		5,530			6,327
Aggregate cash advance customer balances due (gross) (b) (f)	$	56,919		$	59,528	$	56,919		$	59,528
Cash advance locations in operation (excluding online lending) –
Beginning of period		301			293		295			286
Start-ups		4			2		14			12
Combined or closed		(1	)	―			(5	)		(3	)
End of period		304			295		304			295
Average number of cash advance locations		303			295		299			290
Internet lending operations:
Amount of cash advances written:
Funded by the Company	$	162,641		$	120,601	$	598,306		$	136,226
Funded by third-party lenders (b) (d)		98,692			15,500		350,572			15,500
Aggregate amount of cash advances written (b) (f)	$	261,333		$	136,101	$	948,878		$	151,726
Number of cash advances written (not in thousands):
By the Company		406,406			316,081		1,523,872			356,561
By third-party lenders (b) (d)		153,507			32,442		594,909			32,442
Aggregate number of cash advances written (b) (f)		559,913			348,523		2,118,781			389,003
Cash advance customer balances due (gross):
Owned by the Company (c)	$	53,808		$	37,839	$	53,808		$	37,839
Owned by third-party lenders (b) (d)		19,852			7,158		19,852			7,158
Aggregate cash advance customer balances due (gross) (b) (f)	$	73,660		$	44,997	$	73,660		$	44,997
Number of states with online lending at end of period		32			29		32			29
Number of countries with online lending at end of period		2			1		2			1

CASH AMERICA INTERNATIONAL, INC., AND SUBSIDIARIES
FINANCIAL AND OPERATING DATA (Continued)
($ in thousands unless otherwise noted)
	Three Months Ended				Year Ended
	December 31,				December 31,
	2007		2006		2007		2006
Combined Storefront and Internet lending operations:
Amount of cash advances written:
Funded by the Company	$	346,761	$	303,040	$	1,305,145	$	750,234
Funded by third-party lenders (b) (d)		129,291		48,850		466,055		152,845
Aggregate amount of cash advances written (b) (f)	$	476,052	$	351,890	$	1,771,200	$	903,079
Number of cash advances written (not in thousands):
By the Company		912,167		821,265		3,468,123		2,097,176
By third-party lenders (b) (d)		208,452		94,717		809,281		298,831
Aggregate number of cash advances written (b) (f)		1,120,619		915,982		4,277,404		2,396,007
Cash advance customer balances due (gross):
Owned by the Company (c)	$	105,197	$	91,040	$	105,197	$	91,040
Owned by third-party lenders (b) (d)		25,382		13,485		25,382		13,485
Aggregate cash advance customer balances due (gross) (b) (f)	$	130,579	$	104,525	$	130,579	$	104,525
CONSOLIDATED CASH ADVANCE PRODUCT SUMMARY (a) (b) (e):
Amount of cash advances written:
Funded by the Company	$	362,884	$	320,879	$	1,370,167	$	817,186
Funded by third-party lenders (b) (d)		176,486		104,909		654,760		360,577
Aggregate amount of cash advances written (b) (f)	$	539,370	$	425,788	$	2,024,927	$	1,177,763
Number of cash advances written (not in thousands):
By the Company		965,187		880,187		3,681,396		2,310,643
By third-party lenders (b) (d)		309,299		219,715		1,218,857		779,480
Aggregate number of cash advances written (b) (f)		1,274,486		1,099,902		4,900,253		3,090,123
Average amount per cash advance written (not in thousands):
Funded by the Company	$	376	$	365	$	372	$	354
Funded by third-party lenders (b) (d)		571		477		537		463
Aggregate average amount per cash advance (b) (f)	$	423	$	387	$	413	$	381
Cash advance customer balances due (gross):
Owned by the Company (c)	$	113,824	$	99,488	$	113,824	$	99,488
Owned by third-party lenders (b) (d)		34,580		24,687		34,580		24,687
Aggregate cash advance customer balances due (gross) (b) (f)	$	148,404	$	124,175	$	148,404	$	124,175
Total locations offering cash advances at end of period (excluding online lending)		735		718		735		718
Average total locations offering cash advances (excluding online lending)		733		714		725		713
Number of states with online lending at end of period		32		29		32		29
Number of countries with online lending at end of period		2		1		2		1

CASH AMERICA INTERNATIONAL, INC., AND SUBSIDIARIES
FINANCIAL AND OPERATING DATA (Continued)
($ in thousands unless otherwise noted)
	Three Months Ended						Year Ended
	December 31,						December 31,
	2007			2006			2007			2006
CHECK CASHING OPERATIONS (Mr. Payroll):
Centers in operation at end of year (not in thousands):
Company-owned locations		5			5			5			5
Franchised locations (b)		134			131			134			131
Combined centers in operations at end of year (b)		139			136			139			136
Revenue from Company-owned locations	$	105		$	127		$	484		$	569
Revenue from franchise royalties and other		697			718			3,135			3,356
Total revenue (c)	$	802		$	845		$	3,619		$	3,925
Face amount of checks cashed:
Company-owned locations	$	8,022		$	9,255		$	33,746		$	38,446
Franchised locations (b)		302,718			300,762			1,260,995			1,269,724
Combined face amount of checks cashed (b)	$	310,740		$	310,017		$	1,294,741		$	1,308,170
Fees collected from customers:
Company-owned locations (c)	$	105		$	126		$	484		$	569
Franchised locations (b)		4,134			4,115			17,678			17,889
Combined fees collected from customers (b)	$	4,239		$	4,241		$	18,162		$	18,458
Fees as a percentage of checks cashed:
Company-owned locations		1.3	%		1.4	%		1.4	%		1.5	%
Franchised locations (b)		1.4			1.4			1.4			1.4
Combined fees as a percentage of checks cashed (b)		1.4	%		1.4	%		1.4	%		1.4	%
Average check cashed (not in thousands):
Company-owned locations	$	380		$	371		$	392		$	393
Franchised locations (b)		419			405			436			421
Combined average check cashed (b)	$	418		$	404		$	435		$	420

(a)	Includes cash advance activities at the Company’s pawn lending locations.
(b)	Non-GAAP presentation. For informational purposes and to provide a greater understanding of the Company’s businesses. Management believes information provided with this level of detail is meaningful and useful in understanding the activities and business metrics of the Company’s operations.
(c)	Amounts recorded in the Company’s consolidated financial statements.
(d)	Cash advances written by third-party lenders that were arranged by the Company on behalf of the third-party lenders.
(e)	Includes cash advance activities at the Company’s cash advance storefront locations and through the Company’s internet distribution channel.
(f)	Includes (i) cash advances written by the Company, and (ii) cash advances written by third-party lenders that were arranged by the Company on behalf of the third-party lenders.

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
CONSOLIDATED CASH ADVANCES OUTSTANDING AND RELATED ALLOWANCE FOR LOSSES
(in thousands)
	December 31,
	2007		2006
Funded by the Company (b)
Active cash advances and fees receivable	$	76,620	$	69,489
Cash advances and fees in collection		24,099		24,499
Total funded by the Company (b)		100,719		93,988
Funded by third-party lenders (a) (c)
Active cash advances and fees receivable		34,580		24,721
Cash advances and fees in collection		13,105		5,466
Total funded by third-party lenders (a) (c)		47,685		30,187
Combined gross portfolio (a) (d)		148,404		124,175
Less: Elimination of cash advances owned by third-party lenders		34,580		24,687
Company-owned cash advances and fees receivable, gross		113,824		99,488
Less: Allowance for losses		25,676		19,513
Cash advances and fees receivable, net	$	88,148	$	79,975

	Three Months Ended						Year Ended
	December 31,						December 31,
	2007			2006			2007			2006
Allowance for company-owned cash advances
Balance at beginning of period	$	30,925		$	11,089		$	19,513		$	6,309
Cash advance loss provision		36,554			26,425			154,565			59,284
Charge-offs		(46,219	)		(20,351	)		(163,352	)		(56,276	)
Recoveries		4,416			2,350			14,950			10,196
Balance at end of period	$	25,676		$	19,513		$	25,676		$	19,513
Accrual for third-party lender-owned cash advances
Balance at beginning of period	$	1,832		$	753		$	1,155		$	874
Increase (decrease) in loss provision		(4	)		400			673			279
Balance at end of period	$	1,828		$	1,153		$	1,828		$	1,153
Combined statistics (d)
Combined cash advance loss provision	$	36,550		$	26,825		$	155,238		$	59,563
Combined cash advance loss provision as a % of combined cash advances written (a)		6.8	%		6.3	%		7.7	%		5.1	%
Charge-offs (net of recoveries) as a % of combined cash advances written (a)		7.8	%		4.2	%		7.3	%		3.9	%
Combined allowance for losses and accrued third-party lender losses as a % of combined gross portfolio (a)		18.5	%		16.6	%		18.5	%		16.6	%

(a)	Non-GAAP presentation. For informational purposes and to provide a greater understanding of the Company’s businesses. Management believes information provided with this level of detail is meaningful and useful in understanding the activities and business metrics of the Company’s operations.
(b)	Cash advances written by the Company in its pawn and cash advance locations and through the Company’s Internet distribution channel.
(c)	Cash advances written by third-party lenders that were arranged by the Company on behalf of the third-party lenders, all at the Company’s pawn and cash advance locations and through the Company’s Internet distribution channel.
(d)	Includes (i) cash advances written by the Company, and (ii) cash advances written by third-party lenders that were arranged by the Company on behalf of the third-party lenders, all at the Company’s pawn and cash advance locations and through the Company’s Internet distribution channel.

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
INCOME FROM OPERATIONS BY OPERATING SEGMENT
THREE MONTHS ENDED DECEMBER 31, 2007 AND 2006
(in thousands)
	Pawn		Cash		Check
	Lending		Advance (1)		Cashing		Consolidated
Three Months Ended December 31, 2007:
Revenue
Finance and service charges	$	43,949	$	―	$	―	$	43,949
Proceeds from disposition of merchandise		119,479		―		―		119,479
Cash advance fees		10,607		83,709		―		94,316
Check cashing fees, royalties and other		830		1,753		802		3,385
Total revenue		174,865		85,462		802		261,129
Cost of revenue – disposed merchandise		74,390		―		―		74,390
Net revenue		100,475		85,462		802		186,739
Expenses
Operations		51,631		29,186		326		81,143
Cash advance loss provision		3,443		33,107		―		36,550
Administration		7,335		7,401		203		14,939
Depreciation and amortization		5,344		2,990		93		8,427
Total expenses		67,753		72,684		622		141,059
Income from operations	$	32,722	$	12,778	$	180	$	45,680
As of December 31, 2007:
Total assets	$	593,514	$	304,170	$	6,960	$	904,644
Goodwill	$	143,556	$	157,355	$	5,310	$	306,221
Three Months Ended December 31, 2006:
Revenue
Finance and service charges	$	40,425	$	—	$	—	$	40,425
Proceeds from disposition of merchandise		99,864		—		—		99,864
Cash advance fees		11,783		60,087		—		71,870
Check cashing fees, royalties and other		770		1,940		845		3,555
Total revenue		152,842		62,027		845		215,714
Cost of revenue – disposed merchandise		63,020		—		—		63,020
Net revenue		89,822		62,027		845		152,694
Expenses
Operations		46,455		22,405		323		69,183
Cash advance loss provision		3,836		22,989		—		26,825
Administration		4,947		6,622		313		11,882
Depreciation and amortization		5,011		2,384		115		7,510
Total expenses		60,249		54,400		751		115,400
Income from operations	$	29,573	$	7,627	$	94	$	37,294
As of December 31, 2006:
Total assets	$	545,593	$	223,131	$	7,520	$	776,244
Goodwill	$	141,700	$	91,489	$	5,310	$	238,499

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
INCOME FROM OPERATIONS BY OPERATING SEGMENT
YEAR ENDED DECEMBER 31, 2007 AND 2006
(in thousands)
	Pawn		Cash		Check
Year Ended December 31, 2007:	Lending		Advance(1)		Cashing		Consolidated
Revenue
Finance and service charges	$	160,960	$	―	$	―	$	160,960
Proceeds from disposition of merchandise		396,821		―		―		396,821
Cash advance fees		42,018		313,178		―		355,196
Check cashing fees, royalties and other		3,268		9,530		3,619		16,417
Total revenue		603,067		322,708		3,619		929,394
Cost of revenue – disposed merchandise		246,792		―		―		246,792
Net revenue		356,275		322,708		3,619		682,602
Expenses
Operations		193,950		109,260		1,270		304,480
Cash advance loss provision		14,985		140,253		―		155,238
Administration		31,564		24,727		959		57,250
Depreciation and amortization		20,750		10,988		387		32,125
Total expenses		261,249		285,228		2,616		549,093
Income from operations	$	95,026	$	37,480	$	1,003	$	133,509
Year Ended December 31, 2006:
Revenue
Finance and service charges	$	149,472	$	—	$	—	$	149,472
Proceeds from disposition of merchandise		334,036		—		—		334,036
Cash advance fees		43,676		151,429		—		195,105
Check cashing fees, royalties and other		2,816		9,160		3,925		15,901
Total revenue		530,000		160,589		3,925		694,514
Cost of revenue – disposed merchandise		204,929		—		—		204,929
Net revenue		325,071		160,589		3,925		489,585
Expenses
Operations		179,965		66,438		1,304		247,707
Cash advance loss provision		15,377		44,186		—		59,563
Administration		27,998		21,494		1,492		50,984
Depreciation and amortization		18,579		8,357		376		27,312
Total expenses		241,919		140,475		3,172		385,566
Income from operations	$	83,152	$	20,114	$	753	$	104,019

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES

INCOME FROM OPERATIONS BY OPERATING SEGMENT

THREE MONTHS ENDED DECEMBER 31, 2007 AND 2006

(in thousands)

⁽¹⁾ The Cash Advance segment is comprised of two distribution channels for the same product, a multi-unit, “storefront” platform of 304 units and an on-line, internet based lending platform. The amounts for the three months and year ended December 31, 2006 include activity from September 15, 2006 through December 31, 2006, as the internet based lending platform was purchased on September 15, 2006. The following table summarizes the results from each channel’s contributions to the Cash Advance segment for the three months and year ended December 31, 2007 and 2006:

			Internet		Total Cash
Three Months Ended December 31, 2007:	Storefront		Lending		Advance
Revenue
Cash advance fees	$	33,214	$	50,495	$	83,709
Check cashing fees, royalties and other		1,753		—		1,753
Total revenue		34,967		50,495		85,462
Expenses
Operations		17,710		11,476		29,186
Cash advance loss provision		8,667		24,440		33,107
Administration		2,862		4,539		7,401
Depreciation and amortization		2,056		934		2,990
Total expenses		31,295		41,389		72,684
Income from operations	$	3,672	$	9,106	$	12,778
As of December 31, 2007:
Total assets	$	123,760	$	180,410	$	304,170
Goodwill	$	44,618	$	112,737	$	157,355
			Internet		Total Cash
Three Months Ended December 31, 2006:	Storefront		Lending		Advance
Revenue
Cash advance fees	$	33,227	$	26,860	$	60,087
Check cashing fees, royalties and other		1,940		—		1,940
Total revenue		35,167		26,860		62,027
Expenses
Operations		15,194		7,211		22,405
Cash advance loss provision		9,409		13,580		22,989
Administration		4,830		1,792		6,622
Depreciation and amortization		1,885		499		2,384
Total expenses		31,318		23,082		54,400
Income from operations	$	3,849	$	3,778	$	7,627
As of December 31, 2006:
Total assets	$	130,361	$	92,770	$	223,131
Goodwill	$	44,618	$	46,871	$	91,489

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
INCOME FROM OPERATIONS BY OPERATING SEGMENT
YEAR ENDED DECEMBER 31, 2007 AND 2006
(in thousands)
			Internet		Total Cash
Year Ended December 31, 2007:	Storefront		Lending		Advance
Revenue
Cash advance fees	$	128,454	$	184,724	$	313,178
Check cashing fees, royalties and other		9,525		5		9,530
Total revenue		137,979		184,729		322,708
Expenses
Operations		68,249		41,011		109,260
Cash advance loss provision		37,383		102,870		140,253
Administration		10,797		13,930		24,727
Depreciation and amortization		7,980		3,008		10,988
Total expenses		124,409		160,819		285,228
Income from operations	$	13,570	$	23,910	$	37,480
			Internet		Total Cash
Year Ended December 31, 2006:	Storefront		Lending		Advance
Revenue
Cash advance fees	$	120,946	$	30,483	$	151,429
Check cashing fees, royalties and other		9,160		—		9,160
Total revenue		130,106		30,483		160,589
Expenses
Operations		58,632		7,806		66,438
Cash advance loss provision		29,369		14,817		44,186
Administration		19,512		1,982		21,494
Depreciation and amortization		7,698		659		8,357
Total expenses		115,211		25,264		140,475
Income from operations	$	14,895	$	5,219	$	20,114

CONTACT:
Cash America International, Inc.
Thomas A. Bessant, Jr., 817-335-1100