Cash America 2012 Annual Report Download - page 148
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CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
123
8. Prepaid Expenses and Other Assets
Prepaid expenses and other assets as of December 31, 2012 and 2011, were as follows (dollars in thousands):
As of December 31,
2012 2011
N
onqualified savings plan assets$ 11,347 $ 8,264
Marketable equity securities 6,042 4,412
CSO fees receivable 6,758 5,822
Prepaid advertising 1,532 1,628
Prepaid insurance 1,329 1,045
Prepaid hardware and software maintenance 2,487 2,273
Other prepaid expenses 3,878 6,271
Other assets 2,232 1,586
Total $ 35,605 $ 31,301
9. Property and Equipment
Major classifications of property and equipment as of December 31, 2012 and 2011, were as follows (dollars
in thousands):
As of December 31,
2012 2011
Accumulated Accumulated
Cost Depreciation Net Cost Depreciation Net
Land $5,335 $ - $ 5,335 $5,335 $ - $ 5,335
Buildings and leasehold improvements 230,665 (124,690) 105,975 210,337 (111,946) 98,391
Furniture, fixtures and equipment 155,118 (100,139) 54,979 135,487 (88,422) 47,065
Computer software 168,728 (73,246) 95,482 151,142 (55,504) 95,638
Total $ 559,846 $ (298,075) $ 261,771 $ 502,301 $ (255,872) $ 246,429
The Company recognized depreciation expense of $65.9 million, $47.9 million and $39.1 million during 2012,
2011 and 2010, respectively.
10. Goodwill and Other Intangible Assets
Goodwill is tested for impairment at least annually. See Note 2. The Mexico Reorganization was considered a
triggering event for purposes of goodwill and other intangible assets impairment testing of the retail services segment.
See Note 4 for further discussion of the results of impairment testing associated with the Mexico Reorganization.