PRG: the cashflow

MyFinsight

For the year ending 2025-12-31, PRG had $213,119K increase in cash & cash equivalents over the period. $324,920K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-12-31
Net earnings	146,788
Depreciation of lease merchandise	1,590,240
Other depreciation and amortization	24,456
Provisions for accounts receivable and loan losses	408,090
Stock-based compensation	28,807
Deferred income taxes	-51,072
Gain on sale of receivables	43,683
Impairment of assets	3,248
Income tax benefit from reversal of uncertain tax position	0
Non-cash lease expense	-2,939
Other changes, net	2,054
Additions to lease merchandise	1,696,573
Book value of lease merchandise sold or disposed	177,567
Accounts receivable	324,030
Prepaid expenses and other assets	-8,980
Income tax receivable and payable	39,697
Accounts payable and accrued expenses	8,194
Customer deposits and advance payments	-3,504
Cash provided by operating activities	334,962
Investments in loans receivable	920,318
Proceeds from loans receivable	784,569
Proceeds from sale of loans receivable	152,436
Outflows on purchases of property and equipment	10,042
Proceeds from sale of property and equipment	0
Other proceeds	0
Cash provided by (used in) investing activities	6,645
Borrowings (payments) on revolving facility	-50,000
Acquisition of treasury stock	51,775
Dividends paid	20,767
Issuance of stock under stock option and employee purchase plans	1,630
Cash paid for shares withheld for employee taxes	7,492
Debt issuance costs	84
Cash used in financing activities	-128,488
Increase (decrease) in cash and cash equivalents	213,119
Cash and cash equivalents at beginning of period	95,655
Cash and cash equivalents at end of period	308,774

Unit: Thousand (K) dollars