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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net (loss) income $ (4,949) $ 3,332
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation and amortization 241 172
Amortization of debt issuance costs 36 215
Non-cash lease expense 25 (98)
Loss on sale of property and equipment (66) (2)
Realized gains on equity securities (66)  
Provision for credit losses 12,550 2,125
Amortization of dealer discounts (3,185) (3,237)
Amortization of insurance and fees commissions (1,397) (1,344)
Accretion of purchase price discount (88) (116)
Deferred income taxes (1,637) 561
Cancellations of restricted stock awards (175)  
Share-based compensation 55 88
Changes in operating assets and liabilities:    
Accrued interest receivable (39) (120)
Prepaid expenses and other assets (43) 78
Accounts payable and accrued expenses (2,259) (593)
Income taxes receivable 27 413
Net cash (used in) provided by operating activities (970) 1,474
Cash flows from investing activities    
Purchase and origination of finance receivables (56,178) (51,962)
Principal payments received on finance receivable and proceeds from repossessed assets sales 54,693 59,237
Purchase of equity investments (7,237)  
Proceeds from sale of equity investments 7,303  
Proceeds from sale of property and equipment 140  
Purchases of property and equipment 0 (553)
Net cash (used in) provided by investing activities (1,279) 6,722
Cash flows from financing activities    
Repayments on credit facility (13,000) (16,770)
Proceeds from the credit facility 17,500  
Repayment of PPP Loan (3,244)  
Repurchases of treasury stock (2,279) (1,552)
Net cash (used in) financing activities (1,023) (18,322)
Net (decrease) increase in cash and restricted cash (3,272) (10,126)
Cash and restricted cash at the beginning of period 4,775 32,977
Cash and restricted cash at the end of period 1,503 22,851
Supplemental disclosures, including noncash activities:    
Interest paid 1,375 2,160
Income taxes 24 161
Transfer of finance receivable to repossessed assets 4,320 2,948
Leased assets obtained in exchange for new operating lease liabilities $ 163 $ 1,693