Green Dot 2015 Annual Report Download - page 51

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45
As of December 31, 2015, the remaining authorized amount under the current authorization totaled
approximately $108.3 million, after giving effect to our share repurchases during the year. We expect to continue to
repurchase shares of our Class A common stock at a rate of $50 million annually.
Contractual Obligations
Our contractual commitments will have an impact on our future liquidity. The following table summarizes our
contractual obligations, including both on and off-balance sheet transactions that represent material expected or
contractually committed future obligations, at December 31, 2015. We believe that we will be able to fund these
obligations through cash generated from operations and from our existing cash balances.
Payments Due by Period
Total Less than 1
Year 1-3 Years 3-5 Years More than 5
Years
(In thousands)
Long-term debt obligations $ 127,500 $ 22,500 $45,000 $60,000 $ —
Capital lease obligations 769 385 384 — —
Operating lease obligations 43,627 8,352 12,924 11,363 10,988
Purchase obligations(1) 51,644 29,101 21,633 910 —
Total $ 223,540 $ 60,338 $79,941 $72,273 $10,988
___________
(1) Primarily future minimum payments under agreements with vendors and our retail distributors. See Note 19-Commitments and
Contingencies of the Notes to our Consolidated Financial Statements.
Off-Balance Sheet Arrangements
During the years ended December 31, 2015, 2014, and 2013 we did not have any relationships with unconsolidated
organizations or financial partnerships, such as structured finance or special purpose entities that would have been
established for the purpose of facilitating off-balance sheet arrangements or other contractually narrow or limited
purposes.