Acquired Card Receivables (Tables)

6 Months Ended

Dec. 31, 2024

Acquired Card Receivables [Abstract]

Summary of Acquired Card Receivables by Class

Below is a summary of the acquired card receivables by class (i.e., past due status) as of the dates presented (in thousands):

	December 31, 2024		June 30, 2024
Current and less than 30 days past due	$	590,403	$	706,026
30 ~ 59 days past due	4,822		4,277
60 ~ 89 days past due	3,862		3,393
90 ~ 119 days past due	3,326		4,093
Over 119 days past due	16		310
Total	$	602,429	$	718,099

Summary of Change in Allowance for Credit Losses

Below is a summary of the changes in allowance for expected credit losses (in thousands):

	Three Months Ended December 31,				Six Months Ended December 31,
	2024		2023		2024		2023
Balance, beginning	$	24,868	$	18,513	$	20,883	$	15,498
Provision for expected credit losses	10,060		14,354		25,231		26,329
Charge-off amounts	(15,985)		(12,118)		(29,013)		(21,908)
Recoveries collected	1,825		760		3,667		1,590
Balance, ending	$	20,768	$	21,509	$	20,768	$	21,509