v3.24.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
OPERATING ACTIVITIES:    
Net Earnings $ 55,740 $ 85,251
Adjustments to Reconcile Net Earnings to Cash Provided by Operating Activities:    
Depreciation of Lease Merchandise 816,370 820,313
Other Depreciation and Amortization 14,515 15,895
Provisions for Accounts Receivable and Loan Losses 174,822 161,237
Stock-Based Compensation 13,737 12,260
Deferred Income Taxes (16,973) (21,190)
Impairment of Assets 6,018 0
Non-Cash Lease Expense (1,603) (1,482)
Other Changes, Net (155) (2,506)
Changes in Operating Assets and Liabilities:    
Additions to Lease Merchandise (836,084) (803,250)
Book Value of Lease Merchandise Sold or Disposed 89,549 82,096
Accounts Receivable (145,312) (132,460)
Prepaid Expenses and Other Assets 377 (857)
Income Tax Receivable and Payable 26,206 (44)
Accounts Payable and Accrued Expenses (5,113) (5,442)
Customer Deposits and Advance Payments (967) (4,441)
Cash Provided by Operating Activities 191,127 205,380
INVESTING ACTIVITIES:    
Investments in Loans Receivable (172,513) (90,746)
Proceeds from Loans Receivable 158,644 84,491
Outflows on Purchases of Property and Equipment (3,999) (4,388)
Other Proceeds 46 13
Cash Used in Investing Activities (17,822) (10,630)
FINANCING ACTIVITIES:    
Dividends Paid (10,346) 0
Acquisition of Treasury Stock (61,177) (71,836)
Issuance of Stock Under Stock Option and Employee Purchase Plans 799 606
Cash Paid for Shares Withheld for Employee Taxes (7,863) (2,533)
Debt Issuance Costs 0 (29)
Cash Used in Financing Activities (78,587) (73,792)
Increase in Cash and Cash Equivalents 94,718 120,958
Cash and Cash Equivalents at Beginning of Period 155,416 131,880
Cash and Cash Equivalents at End of Period 250,134 252,838
Net Cash Paid During the Period:    
Interest 18,461 18,531
Income Taxes $ 12,728 $ 53,624