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Fair Value Measurements and Disclosures (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of financial instruments not required to be carried at fair value
The carrying amounts in the table are recorded in the Consolidated Balance Sheets at September 30, 2020 and December 31, 2019 (amounts in thousands):
September 30, 2020December 31, 2019
Carrying
Amount
Estimated
Fair Value
Carrying
Amount
Estimated
Fair Value
Financial assets:
Cash and cash equivalents$92,779 $92,779 $119,774 $119,774 
Finance receivables, net3,332,748 3,408,353 3,514,165 3,645,610 
Financial liabilities:
Interest-bearing deposits119,834 119,834 106,246 106,246 
Revolving lines of credit1,440,751 1,440,751 1,789,502 1,789,502 
Term loan472,500 472,500 425,000 425,000 
Senior Notes300,000 313,104 — — 
Convertible Notes322,438 378,720 601,086 648,968 
Schedule of financial instruments required to be carried at fair value
The carrying amounts in the following table are measured at fair value on a recurring basis in the accompanying Consolidated Balance Sheets at September 30, 2020 and December 31, 2019 (amounts in thousands):
Fair Value Measurements as of September 30, 2020
Level 1Level 2Level 3Total
Assets:
Available-for-sale investments
Government bonds$4,890 $— $— $4,890 
Fair value through net income
Exchange traded funds19,132 — — 19,132 
Mutual funds639 — — 639 
Derivative contracts (recorded in other assets)— 2,877 — 2,877 
Liabilities:
Derivative contracts (recorded in other liabilities)— 64,260 — 64,260 
Fair Value Measurements as of December 31, 2019
Level 1Level 2Level 3Total
Assets:
Available-for-sale investments
Government bonds$5,052 $— $— $5,052 
Fair value through net income
Mutual funds33,677 — — 33,677 
Derivative contracts (recorded in other assets)— 875 — 875 
Liabilities:
Derivative contracts (recorded in other liabilities)— 23,663 — 23,663