Cash America 2015 Annual Report Download - page 105

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6. Prepaid Expenses and Other Assets
PrepaidexpensesandotherassetsasofDecember31,2015and2014wereasfollows(dollarsin
thousands):
AsofDecember31,
2015 2014
Nonqualified plan-related assets $ 10,576 $ 12,838
Due from third-party lender 4,780 1,267
Prepaid insurance 1,392 1,621
Prepaid hardware and software maintenance 2,028 2,475
Other prepaid expenses and receivables 3,866 3,176
Total $ 22,642 $ 21,377
7. Property and Equipment
MajorclassificationsofpropertyandequipmentasofDecember31,2015and2014wereasfollows(dollars
in thousands):
AsofDecember31,
2015 2014
Cost
Accumulated
Depreciation Net Cost Accumulated
Depreciation Net
Land $ 6,291 $ — $ 6,291 $ 5,335 $ — $ 5,335
Buildings and leasehold
improvements 240,295 (160,865)79,430 237,247 (146,698)90,549
Furniture, fixtures and
equipment 156,196 (126,065)30,131 155,150 (114,577)40,573
Computer software 144,397 (88,651) 55,746 139,277 (74,680) 64,597
Total $ 547,179 $ (375,581) $ 171,598 $ 537,009 $ (335,955) $ 201,054
The Company recognized depreciation expense of $49.8 million, $54.4 million and $50.6 million during
2015, 2014 and 2013, respectively.
8. Goodwill and Other Intangible Assets
Goodwill and indefinite lived intangible assets are tested for impairment at least annually. See Note 1 for
further discussion of the Company’s goodwill testing in 2015.
CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
101