Company: FCFS
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000840489-25-000098
Chunk: 23

Company: FirstCash Holdings, Inc.
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. The three fair value levels are (from highest to lowest):Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data. Recurring Fair Value MeasurementsThe Company did not have any financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2025, June 30, 2024 and December 31, 2024. Fair Value Measurements on a Non-Recurring BasisThe Company measures non-financial assets and liabilities, such as property and equipment and intangible assets, at fair value on a non-recurring basis, or when events or circumstances indicate that the carrying amount of the assets may be impaired. There were no such events or conditions identified during the six months ended June 30, 2025. Financial Assets and Liabilities Not Measured at Fair Value, But for Which Fair Value is DisclosedThe Company’s financial assets and liabilities as of June 30, 2025, June 30, 2024 and December 31, 2024 that are not measured at fair value in the consolidated balance sheets are as follows (in thousands):Carrying ValueEstimated Fair ValueJune 30,June 30,Fair Value Measurements Using20252025Level 1Level 2Level 3Financial assets:Cash and cash equivalents$101,467 $101,467 $101,467 $— $— Accounts receivable, net76,062 76,062 — — 76,062 Pawn loans550,718 550,718 — — 550,718 Finance receivables, net (1)154,518 313,281 — — 313,281 $882,765 $1,041,528 $101,467 $— $940,061 Financial liabilities:Revolving unsecured credit facilities$152,000 $152,000 $— $152,000 $— Senior unsecured notes (outstanding principal)1,550,000 1,548,000 — 1,548,000 — $1,702,000 $1