v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flow from operating activities:    
Net income $ 201,169 $ 143,396
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation of leased merchandise 152,709 167,091
Provision for lease losses 54,183 60,105
Provision for loan losses 82,774 78,121
Share-based compensation expense 10,750 9,050
Depreciation and amortization expense 63,956 51,366
Amortization of debt issuance costs 2,136 1,971
Loss on extinguishment of debt 4,182 0
Net amortization of premiums, discounts and unearned origination fees on finance receivables (33,966) (29,161)
Deferred income taxes, net (1,320) (3,282)
Changes in operating assets and liabilities, net of business combinations:    
Accounts receivable, net (4,881) (1,410)
Inventories purchased directly from customers, wholesalers or manufacturers 5,354 (4,125)
Leased merchandise (177,178) (199,448)
Prepaid expenses and other assets (1,633) (7,201)
Accounts payable, accrued liabilities and other liabilities (9,800) (21,963)
Income taxes (18,030) (1,016)
Net cash flow provided by operating activities 330,405 243,494
Cash flow from investing activities:    
Pawn loans made (1,329,288) (893,706)
Pawn loans repaid 776,118 531,098
Recovery of pawn loan principal through sale of forfeited collateral 405,124 332,016
Investments in finance receivables 196,310 237,132
Proceeds from finance receivables 181,848 181,155
Purchases of furniture, fixtures, equipment and improvements (37,864) (25,866)
Purchases of store real property (40,246) (28,126)
Acquisitions of pawn stores, net of cash acquired (11,525) (33,649)
Net cash flow used in investing activities (252,143) (174,210)
Cash flow from financing activities:    
Borrowings from credit facilities 308,697 172,000
Repayments of credit facilities (853,148) (218,000)
Payment for Debt Extinguishment or Debt Prepayment Cost (4,182) 0
Repurchase/redemption of senior unsecured notes (60,502) 0
Issuance of senior unsecured notes 750,000 0
Debt issuance costs paid (8,843) 0
Purchases of treasury stock (116,938) (60,459)
Payment of withholding taxes on net share settlements of restricted stock unit awards (11,240) (5,764)
Dividends paid (36,866) (33,802)
Net cash flow used in financing activities (33,022) (146,025)
Effect of exchange rates on cash 1,861 3,113
Change in cash and cash equivalents 47,101 (73,628)
Cash and cash equivalents at beginning of the period 125,197 175,095
Cash and cash equivalents at end of the period $ 172,298 $ 101,467