Cash America 2014 Annual Report Download - page 142

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CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
127
The Company’s unaudited consolidated balance sheets as of March 31, June 30, September 30 and
December 31, 2014 are as follows (dollars in thousands):
March 31,
2014
June 30,
2014
September 30,
2014
December 31,
2014
Assets
Current assets:
Cash and cash equivalents $20,197 $113,130 $
19,291
$
53,042
Restricted cash
8,000
60 60 60
Pawn loans
218,093
263,668
264,612
252,168
Consumer loans, net
40,843
45,994
44,531
44,853
Merchandise held for disposition, net
192,936
198,919
215,263
212,849
Pawn loan fees and service charges receivable
43,814
51,986
54,501
53,648
Income taxes receivable
—
9
—
8,881
Prepaid expenses and other assets
26,967
40,207
34,502
21,317
Deferred tax assets
7,778
8,981
9,562
—
Note receivable from Enova
376,872
—
—
—
Investment in Enova
—
—
—
131,584
Current assets of discontinued operations
372,117
411,347
447,187
—
Total current assets 1,307,617 1,134,301
1,089,509
778,402
Property and equipment, net
219,107
217,407
209,784
201,054
Goodwill
495,130
495,672
488,700
487,569
Intangible assets, net
50,569
49,121
47,472
45,828
Other assets
14,378
13,116
10,560
9,594
Noncurrent assets of discontinued operations
255,698
270,720
267,689
—
Total assets $2,342,499 $2,180,337 $
2,113,714
$1,522,447
Liabilities and Equity
Current liabilities:
Accounts payable and accrued expenses $67,432 $69,055 $
69,410
$
74,331
Customer deposits
17,227
18,295
19,271
17,314
Income taxes currently payable
4,235
—
1,414
—
Current portion of long-term debt
22,606
—
—
—
Current deferred tax liabilities
—
—
—
27,820
Current liabilities of discontinued operations
415,183
62,813
85,295
—
Total current liabilities
526,683
150,163
175,390
119,465
Deferred tax liabilities
63,186
64,398
64,968
72,432
Other liabilities 859 1,161
1,019
878
Noncurrent liabilities of discontinued operations
46,679
542,729
539,782
—
Long-term debt
607,650
300,000
206,022
196,470
Total liabilities $1,245,057 $1,058,451 $
987,181
$
389,245
Equity:
Cash America International, Inc. equity:
Common stock, $0.10 par value per share, 80,000,000
shares authorized, 30,235,164 shares issued and
outstanding
3,024
3,024
3,024
3,024
Additional paid-in capital
116,726
86,184
87,718
86,388
Retained earnings 1,062,737 1,082,725
1,091,629
1,030,387
Accumulated other comprehensive income
5,182
7,998
2,073
71,959
Treasury shares, at cost (2,140,368 shares, 1,382,602
shares, 1,379,345 shares and 1,428,495 shares as of
March 31, 2014, June 30, 2014, September 30, 2014,
and December 31, 2014, respectively)
(90,227)(58,045)
(57,911
)(58,556)
Total equity 1,097,442 1,121,886
1,126,533
1,133,202
Total liabilities and equity $2,342,499 $2,180,337 $
2,113,714
$1,522,447