Cash America 2014 Annual Report Download - page 118

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CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
103
7. Prepaid Expenses and Other Assets
Prepaid expenses and other assets as of December 31, 2014 and 2013 were as follows (dollars in
thousands):
As of December 31,
2014 2013
Nonqualified plan-related assets $
12,838
$
14,016
Prepaid insurance
1,621
1,381
Prepaid hardware and software maintenance
2,475
2,074
Other prepaid expenses
1,818
4,547
Other assets
2,565
2,951
Total $
21,317
$
24,969
8. Property and Equipment
Major classifications of property and equipment as of December 31, 2014 and 2013 were as follows (dollars
in thousands):
As of December 31,
2014 2013
Cost
Accumulated
Depreciation Net Cost
Accumulated
Depreciation Net
Land $
5,335
$
-
$5,335 $5,335 $
-
$5,335
Buildings and leasehold
improvements
237,247
(146,698)
90,549
235,525
(135,823
)
99,702
Furniture, fixtures and
equipment
155,150
(114,577
)
40,573
150,543
(103,224
)
47,319
Computer software
139,277
(74,680
)
64,597
130,097
(60,635
)
69,462
Total $
537,009
$(335,955) $ 201,054 $521,500 $(299,682) $ 221,818
The Company recognized depreciation expense of $54.4 million, $50.6 million and $52.9 million during
2014, 2013 and 2012, respectively.
9. Goodwill and Other Intangible Assets
Goodwill and indefinite lived intangible assets are tested for impairment at least annually. See Note 2 for
further discussion of the Company’s goodwill testing in 2014.