Cash America 2013 Annual Report Download - page 172

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
147
19. Supplemental Disclosures of Cash Flow Information
The following table sets forth certain cash and non-cash activities for the years ended December 31, 2013,
2012 and 2011 (dollars in thousands):
Year Ended December 31,
2013 2012 2011
Cash paid during the year for:
Interest $ 28,223 $ 22,520 $ 23,974
Income taxes 37,949 92,131 43,513
N
on-cash investing and financing activities:
Pawn loans forfeited and transferred to merchandise held for disposition $ 329,653 $ 350,122 $ 334,869
Pawn loans renewed 269,559 279,553 207,661
Consumer loans renewed 510,471 629,516 571,651
Liabilities assumed in acquisitions 3,132 1,207 333
Capitalized interest on software development - - 558
Shares received for payment of receivables - 383 -
Release of minority shareholders from contingent liability - 2,758 -
20. Operating Segment Information
The Company has two reportable operating segments: retail services and e-commerce. The retail services segment
includes all of the operations of the Company’s Retail Services Division, which is composed of both domestic and foreign
storefront locations that offer some or all of the following services: pawn loans, consumer loans, the purchase and sale of
merchandise, check cashing and other ancillary products and services such as money orders, wire transfers, prepaid debit
cards, tax filing services and auto insurance. Most of these ancillary products and services offered in the retail services
segment are provided through third-party vendors. The e-commerce segment includes the operations of the Company’s E-
Commerce Division, which is composed of the Company’s domestic and foreign online lending channels through which the
Company offers consumer loans. The e-commerce segment also includes administrative expenses that are specific to this
segment’s operations and are supplemental to the Company’s administrative functions classified as corporate operations. In
the e-commerce segment, certain administration expenses are allocated between the domestic and foreign components based
on the amount of loans written and renewed.
The Company reports corporate operations separately from its retail services and e-commerce segment information.
Corporate operations primarily include corporate expenses, such as legal, occupancy, executive oversight, insurance and
risk management, public and government relations, internal audit, treasury, payroll, compliance and licensing, finance,
accounting, tax and information systems (except for online lending systems, which are included in the e-commerce
segment). Corporate income includes miscellaneous income not directly attributable to the Company’s segments. Corporate
assets primarily include: corporate property and equipment, assets related to nonqualified deferred compensation plans,
marketable securities, foreign exchange forward contracts and prepaid insurance.