Company: FCFS
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000840489-25-000098
Chunk: 16

Company: FirstCash Holdings, Inc.
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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) Six Months EndedJune 30, 20252024Cash flow from operating activities:  Net income$143,396 $110,441 Adjustments to reconcile net income to net cash flow provided by operating activities:  Depreciation of leased merchandise167,091 230,441 Provision for lease losses60,105 90,663 Provision for loan losses78,121 61,534 Share-based compensation expense9,050 8,203 Depreciation and amortization expense51,366 52,574 Amortization of debt issuance costs1,971 1,763 Net amortization of premiums, discounts and unearned origination fees on finance receivables(29,161)(15,471)Impairments and dispositions of certain other assets— 1,461 Deferred income taxes, net(3,282)(6,668)Changes in operating assets and liabilities, net of business combinations:  Accounts receivable, net(1,410)(965)Inventories purchased directly from customers, wholesalers or manufacturers(4,125)(777)Leased merchandise, net(199,448)(292,848)Prepaid expenses and other assets(7,201)(1,654)Accounts payable, accrued liabilities and other liabilities(21,963)(16,185)Income taxes(1,016)6,207 Net cash flow provided by operating activities243,494 228,719 Cash flow from investing activities:  Pawn loans, net (1)(30,592)(20,887)Finance receivables, net(55,977)(37,563)Purchases of furniture, fixtures, equipment and improvements(25,866)(42,664)Purchases of store real property(28,126)(21,100)Acquisitions of pawn stores, net of cash acquired(33,649)(65,650)Net cash flow used in investing activities(174,210)(187,864)Cash flow from financing activities:  Borrowings from unsecured credit facilities172,000 300,000 Repayments of unsecured credit facilities(218,000)(718,000)Issuance of senior unsecured notes— 500,000 Debt issuance costs paid— (9,094)Purchases of treasury stock(60,459)(85,000)Payment of withholding taxes on net share settlements of restricted stock unit awards(5,764)(7,