v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities    
Net income $ 48.9 $ 36.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22.9 22.7
Provision for credit losses 10.3 9.3
Deferred income taxes 2.6 2.4
Amortization of debt issuance costs 2.4 2.2
Stock-based compensation 9.4 1.7
Other non-cash, net 0.4 0.2
Changes in operating assets and liabilities:    
Trade receivables and other assets (140.2) (109.3)
Accounts payable and accrued expenses 202.9 156.5
Net cash provided by operating activities 159.6 122.6
Investing activities    
Net increase in finance receivables held for investment (30.5) (19.8)
Purchases of property, equipment and computer software (13.1) (11.9)
Investments in securities (1.1) (0.6)
Proceeds from the sale of property and equipment 0.0 0.4
Net cash used by investing activities (44.7) (31.9)
Financing activities    
Net increase (decrease) in book overdrafts 3.1 (5.0)
Net borrowings from lines of credit 19.6 1.7
Net decrease in obligations collateralized by finance receivables (63.1) (2.2)
Payments for debt issuance costs/amendments 0.0 (0.1)
Payments on long-term debt (1.4) 0.0
Issuance of common stock under stock plans 3.3 2.1
Tax withholding payments for vested RSUs (9.2) (4.2)
Repurchase and retirement of common stock (25.7) (0.1)
Dividends paid on Series A Preferred Stock (5.3) (11.1)
Net cash used by financing activities (78.7) (18.9)
Effect of exchange rate changes on cash (4.7) 1.0
Net increase in cash, cash equivalents and restricted cash 31.5 72.8
Cash, cash equivalents and restricted cash at beginning of period 185.4 183.7
Cash, cash equivalents and restricted cash at end of period 216.9 256.5
Supplemental disclosures of cash flow information    
Cash paid for interest 33.4 26.1
Cash paid for taxes, net of refunds 23.1 18.1
Supplemental disclosure of non-cash financing activity    
Accrual for repurchase of common stock 0.7 0.0
Discontinued Operations    
Cash paid for taxes, net of refunds $ (0.5) $ (1.5)