Cash America 2011 Annual Report Download - page 133

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CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
102
Year Ended December 31, 2009
Short-term
Loans
Installment
Loans MLOC Total
Allowance for losses for Company-owned consumer loans:
Balance at beginning of period $ 20,870 $ 78 $ 547 $ 21,495
Consumer loan loss provision 122,774 2,514 4,719 130,007
Charge-offs (138,219) (2,169) (3,907) (144,295)
Recoveries 19,769 97 277 20,143
Balance at end of period $ 25,194 $ 520 $ 1,636 $ 27,350
Liability for third-party lender-owned consumer loans:
Balance at beginning of period $ 2,135 $ - $ - $ 2,135
Increase in liability 809 - - 809
Balance at end of period $ 2,944 $ - $ - $ 2,944
6. Prepaid Expenses and Other Assets
Prepaid expenses and other assets at December 31, 2011 and 2010, were as follows (dollars in thousands):
As of December 31,
2011 2010
Collateral held for disposition(a) $ 10,610 $ 5,551
Nonqualified saving plan assets 8,264 7,073
Marketable equity securities 4,412 3,652
CSO fees receivable 5,822 7,234
Prepaid advertising 1,628 1,640
Prepaid insurance 1,045 895
Prepaid hardware and software maintenance 2,273 764
Other prepaid expenses 6,271 2,577
Other assets 1,586 3,104
Total $ 41,911 $ 32,490
(a) Collateral held for disposition represents forfeited collateral on unredeemed pawn loans in the Company’s foreign pawn operations. See
Note 2.