Note C - Finance Receivables, Net (Tables)

3 Months Ended

Jul. 31, 2024

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(In thousands)	July 31, 2024			April 30, 2024
Gross contract amount	$	1,883,106		$	1,844,392
Less unearned finance charges		(417,847	)		(409,004	)
Principal balance		1,465,259			1,435,388
Less: estimated insurance receivables for APP claims		(2,468	)		(3,026	)
Less: allowance for APP claims		(2,757	)		(3,171	)
Less allowance for credit losses		(334,424	)		(331,260	)
Finance receivables, net		1,125,610			1,097,931
Loan origination costs		661			660
Finance receivables, net, including loan origination costs	$	1,126,271		$	1,098,591

Change In Finance Receivables Net [Table Text Block]

	Three Months Ended July 31,
(In thousands)	2024			2023
Balance at beginning of period	$	1,097,931		$	1,062,760
Finance receivable originations		271,756			297,732
Finance receivable collections		(112,358	)		(109,291	)
Provision for credit losses		(95,423	)		(96,323	)
Losses on claims for accident protection plan		(9,321	)		(7,769	)
Inventory acquired in repossession and accident protection plan claims		(26,975	)		(32,590	)
Balance at end of period	$	1,125,610		$	1,114,519

Financing Receivable, Allowance for Credit Loss [Table Text Block]

	Three Months Ended July 31,
(In thousands)	2024			2023
Balance at beginning of period	$	331,260		$	299,608
Provision for credit losses		95,423			96,323
Charge-offs		(121,605	)		(112,745	)
Recovered collateral		29,346			31,256
Balance at end of period	$	334,424		$	314,442

Financing Receivable, Past Due [Table Text Block]

(Dollars in thousands)	July 31, 2024					April 30, 2024					July 31, 2023
	Principal		Percent of			Principal		Percent of			Principal		Percent of
	Balance		Portfolio			Balance		Portfolio			Balance		Portfolio
Current	$	1,155,006		78.82	%	$	1,125,945		78.44	%	$	1,151,275		79.91	%
3 - 29 days past due		259,145		17.69	%		264,491		18.43	%		226,600		15.73	%
30 - 60 days past due		38,035		2.60	%		34,042		2.37	%		48,650		3.38	%
61 - 90 days past due		7,463		0.51	%		6,438		0.45	%		9,294		0.64	%
> 90 days past due		5,610		0.38	%		4,472		0.31	%		4,888		0.34	%
Total	$	1,465,259		100.00	%	$	1,435,388		100.00	%	$	1,440,707		100.00	%

Financing Receivable Credit Quality Indicators [Table Text Block]

	Three Months Ended July 31,
	2024			2023
Average total collected per active customer per month	$	562		$	535
Principal collected as a percent of average finance receivables		7.8	%		7.8	%
Average down-payment percentage		5.2	%		5.0	%
Average originating contract term (in months)		44.3			44.7

	As of
	July 31, 2024		July 31, 2023
Portfolio weighted average contract term, including modifications (in months)		48.1		46.9

Schedule of Financing Receivable by Fiscal Year of Origination [Table Text Block]

	As of July 31, 2024
(Dollars in thousands)	Fiscal Year of Origination										Prior to
Customer Rating	2025		2024		2023		2022		2021		2021		Total		%
1-2	$	18,758	$	34,722	$	10,548	$	2,645	$	245	$	90	$	67,008		4.6	%
3-4	$	94,738	$	251,217	$	94,939	$	26,565	$	2,899	$	396	$	470,754		32.1	%
5-6	$	148,448	$	424,197	$	246,371	$	93,171	$	14,071	$	1,239	$	927,497		63.3	%
Total	$	261,944	$	710,136	$	351,858	$	122,381	$	17,215	$	1,725	$	1,465,259		100.0	%
Charge-offs	$	2,619	$	70,413	$	36,752	$	10,578	$	1,048	$	195	$	121,605

	As of July 31, 2023
(Dollars in thousands)	Fiscal Year of Origination										Prior to
Customer Rating	2024		2023		2022		2021		2020		2020		Total		%
1-2	$	14,450	$	30,477	$	9,911	$	1,821	$	227	$	28	$	56,914		4.0	%
3-4	$	105,595	$	241,759	$	84,065	$	17,510	$	1,044	$	311	$	450,284		31.2	%
5-6	$	176,815	$	486,594	$	215,403	$	50,180	$	3,665	$	852	$	933,509		64.8	%
Total	$	296,860	$	758,830	$	309,379	$	69,511	$	4,936	$	1,191	$	1,440,707		100.0	%
Charge-offs	$	3,239	$	75,308	$	28,036	$	5,577	$	441	$	144	$	112,745