“Variations in interest expense are due to new borrowings and increased costs of capital associated with growth in private label credit and general purpose credit card receivables and CAR operations as evidenced within Note 10, "Notes Payable," to our condensed consolidated financial statements, offset by our debt facilities being repaid commensurate with net liquidations of the underlying credit card, auto finance and installment loan receivables that serve as collateral for the facilities.”
“The increase in cash used in financing activities is primarily due to repayments of borrowings in excess of new borrowings (proceeds from borrowings less repayment of borrowings) of $193.2 million.”
“Also included are ( 1 ) ongoing deferred costs associated with service contracts and ( 2 ) notes receivable and equity investments in consumer technology platforms carried at cost minus impairment, if any, plus or minus changes resulting from observable price changes.”