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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows From Operating Activities:    
Net income $ 328.8 $ 271.1
Adjustments to reconcile cash provided by operating activities:    
Provision for credit losses 29.9 25.2
Depreciation 3.4 2.6
Amortization 7.3 6.3
Provision for deferred income taxes 30.0 38.9
Stock-based compensation 3.7 5.1
Change in operating assets and liabilities:    
Increase in accounts payable and accrued liabilities 10.9 22.7
Increase in income taxes receivable (13.9) (23.4)
Decrease in income taxes payable (2.3) (39.7)
Decrease in other assets 2.8 1.2
Net cash provided by operating activities 400.6 310.0
Cash Flows From Investing Activities:    
Purchases of restricted securities available for sale (24.8) (28.4)
Proceeds from sale of restricted securities available for sale 17.1 13.0
Maturities of restricted securities available for sale 6.2 6.4
Principal collected on Loans receivable 1,508.6 1,301.7
Advances to Dealers (1,327.8) (1,313.5)
Purchases of Consumer Loans (732.8) (642.7)
Accelerated payments of Dealer Holdback (28.0) (29.4)
Payments of Dealer Holdback (70.6) (66.1)
Purchases of property and equipment (16.3) (5.2)
Net cash used in investing activities (668.4) (764.2)
Cash Flows From Financing Activities:    
Borrowings under revolving secured line of credit 2,120.6 1,433.2
Repayments under revolving secured line of credit (2,254.1) (1,447.1)
Proceeds from secured financing 1,051.4 1,900.0
Repayments of secured financing (913.5) (1,288.8)
Proceeds from issuance of senior notes 400.0 0.0
Payments of debt issuance costs (10.7) (9.3)
Repurchase of common stock (109.2) (2.0)
Other 2.5 (1.9)
Net cash provided by financing activities 287.0 584.1
Net increase in cash and cash equivalents and restricted cash and cash equivalents 19.2 129.9
Cash and cash equivalents and restricted cash and cash equivalents beginning of period 329.3 263.8
Cash and cash equivalents and restricted cash and cash equivalents end of period 348.5 393.7
Supplemental Disclosure of Cash Flow Information:    
Cash paid during the period for interest 79.1 65.8
Cash paid during the period for income taxes $ 76.4 $ 105.7