Acquired Card Receivables (Tables)

9 Months Ended

Mar. 31, 2025

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):

	March 31, 2025		June 30, 2024
Current and less than 30 days past due	$	707,950	$	706,026
30 ~ 59 days past due	4,453		4,277
60 ~ 89 days past due	6,512		3,393
90 ~ 119 days past due	6,569		4,093
Over 119 days past due	34		310
Total	$	725,518	$	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 March 31,				Nine Months Ended March 31,
	2025		2024		2025		2024
Balance, beginning	$	20,768	$	21,509	$	20,883	$	15,498
Provision for expected credit losses	9,299		15,104		34,530		41,433
Charge-off amounts	(12,173)		(14,276)		(41,186)		(36,184)
Recoveries collected	2,089		1,516		5,756		3,106
Balance, ending	$	19,983	$	23,853	$	19,983	$	23,853