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CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
85
items. All prior periods in the tables below have been revised to reflect this change. These revisions have
not changed the consolidated performance of the Company for any period.
Information concerning the operating segments is set forth below (in thousands):
Pawn Cash Check
Year Ended December 31, 2007: Lending Advance(2) Cashing Consolidated
Revenue
Finance and service charges ........................... $ 160,960 $ ʊ $ ʊ $ 160,960
Proceeds from disposition of merchandise ..... 396,821 ʊ ʊ 396,821
Cash advance fees........................................... 42,018 313,178 ʊ 355,196
Check cashing fees, royalties and other.......... 3,268 9,530 3,619 16,417
Total revenue...................................................... 603,067 322,708 3,619 929,394
Cost of revenue – disposed merchandise............ 246,792 ʊ ʊ 246,792
Net revenue ........................................................ 356,275 322,708 3,619 682,602
Expenses
Operations....................................................... 193,950 109,260 1,270 304,480
Cash advance loss provision........................... 14,985 140,253 ʊ 155,238
Administration ................................................ 31,564 24,727 959 57,250
Depreciation and amortization........................ 20,750 10,988 387 32,125
Total expenses.................................................... 261,249 285,228 2,616 549,093
Income from operations...................................... $ 95,026 $ 37,480 $ 1,003 $ 133,509
Expenditures for property and equipment(1) ....... $ 52,559 $ 17,389 $ 149 $ 70,097
As of December 31, 2007:
Total assets ......................................................... $ 593,514 $ 304,170 $ 6,960 $ 904,644
Goodwill............................................................. $ 143,556 $ 157,355 $ 5,310 $ 306,221
Year Ended December 31, 2006:
Revenue
Finance and service charges ........................... $ 149,472 $ — $ — $ 149,472
Proceeds from disposition of merchandise ..... 334,036 — — 334,036
Cash advance fees........................................... 43,676 151,429 — 195,105
Check cashing fees, royalties and other.......... 2,816 9,160 3,925 15,901
Total revenue...................................................... 530,000 160,589 3,925 694,514
Cost of revenue – disposed merchandise............ 204,929 — — 204,929
Net revenue ........................................................ 325,071 160,589 3,925 489,585
Expenses
Operations....................................................... 179,965 66,438 1,304 247,707
Cash advance loss provision........................... 15,377 44,186 — 59,563
Administration ................................................ 27,998 21,494 1,492 50,984
Depreciation and amortization........................ 18,579 8,357 376 27,312
Total expenses.................................................... 241,919 140,475 3,172 385,566
Income from operations...................................... $ 83,152 $ 20,114 $ 753 $ 104,019
Expenditures for property and equipment(1) ....... $ 37,645 $ 8,274 $ 436 $ 46,355
As of December 31, 2006:
Total assets ......................................................... $ 545,593 $ 223,131 $ 7,520 $ 776,244
Goodwill............................................................. $ 141,700 $ 91,489 $ 5,310 $ 238,499