OPERATING ACTIVITIES: | |
Net earnings | 337.72M |
Adjustments to reconcile net earnings to net cash provided by operating activities: | |
Depreciation and amortization | 83.01M |
Share-based compensation expense | 60.56M |
Provision for loan losses | 62.35M |
Loss on disposition of assets | 302K |
Deferred income tax provision | 6.73M |
Net decrease (increase) in: | |
Accounts receivable, net | 37.59M |
Retained interest in securitized receivables | |
Inventory | 13.23M |
Other current assets | |
Auto loan receivables, net | |
Other assets | 732K |
Net increase (decrease) in: | |
Accounts payable, accrued expenses and other current liabilities and accrued income taxes | 46.11M |
Other liabilities | -50.25M |
NET CASH PROVIDED BY OPERATING ACTIVITIES | |
INVESTING ACTIVITIES: | |
Capital expenditures | -214.59M |
(Increase) decrease in restricted cash from collections on auto loan receivables | |
Increase in restricted cash in reserve accounts | -7.11M |
Release of restricted cash from reserve accounts | 2.43M |
Sales of money market securities, net | -3.44M |
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES | |
FINANCING ACTIVITIES: | |
Increase (decrease) in short-term debt, net | -67K |
Issuances of long-term debt | |
Payments on long-term debt | |
Issuances of non-recourse notes payable | |
Payments on non-recourse notes payable | |
Equity issuances, net | 33.03M |
Excess tax benefits from share-based payment arrangements | 6.83M |
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES | |
Increase (decrease) in cash and cash equivalents | 278.64M |
Cash and cash equivalents at beginning of year | 37.39M |
CASH AND CASH EQUIVALENTS AT END OF PERIOD | 316.03M |