Segment Information

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information

We operate in two principal operating business segments: DriveTime and GO Financial. We organize our business based on the nature of the services and products offered. Transactions between segments are eliminated in consolidation.

Revenue and operating income (loss) for each segment are provided below for the three and six months ended June 30, 2013 and June 30, 2012, while assets and liabilities are presented as of June 30, 2013 and December 31, 2012.

	Six Months Ended						Six Months Ended
	June 30, 2013						June 30, 2012
	DriveTime		GO		Total		DriveTime		GO			Total
Revenue:	(In thousands)
Sales of Used Vehicles	$	587,007	$	—	$	587,007	$	523,259	$	—		$	523,259
Interest Income	157,315		19		157,334		146,158		—			146,158
Dealer Finance and Other Income	—		7,702		7,702		—		623			623
Total Revenue:	$	744,322	$	7,721	$	752,043	$	669,417	$	623		$	670,040
Expenses:
Interest Expense	36,068		1,583		37,651		36,265		—			36,265
Depreciation Expense	11,028		276		11,304		9,794		176			9,970
Other Costs and Operating Expenses	658,173		5,409		663,582		558,518		2,507			561,025
Total Costs and Expenses:	$	705,269	$	7,268	$	712,537	$	604,577	$	2,683		$	607,260
Income (Loss) Before Income Taxes:	$	39,053	$	453	$	39,506	$	64,840	$	(2,060	)	$	62,780

	Three Months Ended							Three Months Ended
	June 30, 2013							June 30, 2012
	Drivetime		GO			Total		Drivetime		GO			Total
Revenue:	(In thousands)
Sales of Used Vehicles	$	277,539	$	—		$	277,539	$	226,124	$	—		$	226,124
Interest Income	82,344		16			82,360		75,630		—			75,630
Dealer Finance and Other Income	—		4,902			4,902		—		448			448
Total Revenue:	$	359,883	$	4,918		$	364,801	$	301,754	$	448		$	302,202
Expenses:
Interest Expense	17,922		1,583			19,505		18,262		—			18,262
Depreciation Expenses	5,751		145			5,896		4,918		101			5,019
Other Costs and Operating Expenses	315,320		3,505			318,825		248,052		1,276			249,328
Total Costs and Expenses:	$	338,993	$	5,233		$	344,226	$	271,232	$	1,377		$	272,609
Income (Loss) Before Income Taxes:	$	20,890	$	(315	)	$	20,575	$	30,522	$	(929	)	$	29,593

	June 30, 2013							December 31, 2012
	DriveTime		GO			Total		DriveTime		GO		Total
	(In thousands)
Assets:	$	2,097,576	$	95,119		$	2,192,695	$	1,946,714	$	42,403	$	1,989,117
Liabilities:	$	1,610,912	$	82,547		$	1,693,459	$	1,520,866	$	698	$	1,521,564
Equity:	$	486,664	$	12,572	(1)	$	499,236	$	425,848	$	41,705	$	467,553

^{(1)     In 2013, GO's parent, DTAC, recategorized approximately $80.0 million of GO's equity to an intercompany interest bearing note to DTAC.}