Company: FCFS
Filing Date: 2025-04-28
Form Type: 10-Q
Source: 0000840489-25-000061
Chunk: 20

Company: FirstCash Holdings, Inc.
Filing Date: 2025-04-28
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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Thereafter30,681 Total$387,538 Less amount of lease payments representing interest(62,004)Total present value of lease payments$325,534 The following table details supplemental cash flow information related to operating leases for the three months ended March 31, 2025 and 2024 (in thousands):Three Months EndedMarch 31,20252024Cash paid for amounts included in the measurement of operating lease liabilities$32,165 $33,439 Leased assets obtained in exchange for new operating lease liabilities$30,641 $19,924 

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Note 4 - Fair Value of Financial Instruments 

The fair value of financial instruments is determined by reference to various market data and other valuation techniques, as appropriate. Financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular 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 March 31, 2025, March 31, 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 three months ended March 31, 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 March 31, 2025, March 31, 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 ValueMarch 31,March 31,Fair Value Measurements Using20252025Level 1Level 2Level 3Financial