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Allowance for Credit Losses (Tables)
 12 Months Ended
Mar. 31, 2017
Loans And Leases Receivable Disclosure [Abstract]  
Allowance for Credit Losses on Finance Receivables and Investments in Operating Leases

The following table provides information related to our allowance for credit losses on finance receivables and investments in operating leases:

 

 

 

 

 

 

Years Ended March 31,

 

 

 

2017

 

 

2016

 

 

2015

 

Allowance for credit losses at beginning of period

 

$

535

 

 

$

485

 

 

$

454

 

Provision for credit losses

 

 

582

 

 

 

441

 

 

 

308

 

Transferred to held-for-sale1

 

 

-

 

 

 

(7

)

 

 

-

 

Charge-offs, net of recoveries

 

 

(495

)

 

 

(384

)

 

 

(277

)

Allowance for credit losses at end of period

 

$

622

 

 

$

535

 

 

$

485

 

1 Amount relates to the commercial finance business which was sold on October 1, 2015.
Allowance for Credit Losses and Finance Receivables by Portfolio Segment

The following tables provide information related to our allowance for credit losses and finance receivables by portfolio segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended March 31, 2017

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2016

 

$

289

 

 

$

132

 

 

$

421

 

Charge-offs

 

 

(399

)

 

 

-

 

 

 

(399

)

Recoveries

 

 

50

 

 

 

-

 

 

 

50

 

Provisions

 

 

404

 

 

 

(9

)

 

 

395

 

Ending balance, March 31, 2017

 

$

344

 

 

$

123

 

 

$

467

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

33

 

 

$

33

 

Ending balance: Collectively evaluated for impairment

 

$

344

 

 

$

90

 

 

$

434

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, March 31, 2017

 

$

51,409

 

 

$

17,899

 

 

$

69,308

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

457

 

 

$

457

 

Ending balance: Collectively evaluated for impairment

 

$

51,409

 

 

$

17,442

 

 

$

68,851

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended March 31, 2016

 

 

 

Retail Loan

 

 

Commercial

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2015

 

$

299

 

 

$

2

 

 

$

108

 

 

$

409

 

Charge-offs

 

 

(328

)

 

 

(1

)

 

 

-

 

 

 

(329

)

Recoveries

 

 

49

 

 

 

-

 

 

 

-

 

 

 

49

 

Provisions

 

 

269

 

 

 

1

 

 

 

28

 

 

 

298

 

Transferred to held-for-sale

 

 

-

 

 

 

(2

)

 

 

(4

)

 

 

(6

)

Ending balance, March 31, 2016

 

$

289

 

 

$

-

 

 

$

132

 

 

$

421

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

-

 

 

$

54

 

 

$

54

 

Ending balance: Collectively evaluated for impairment

 

$

289

 

 

$

-

 

 

$

78

 

 

$

367

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, March 31, 2016

 

$

50,363

 

 

$

-

 

 

$

15,899

 

 

$

66,262

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

-

 

 

$

540

 

 

$

540

 

Ending balance: Collectively evaluated for impairment

 

$

50,363

 

 

$

-

 

 

$

15,359

 

 

$

65,722

 

 
Past Due Finance Receivables and Investments in Operating Leases

The following table shows aggregate balances of finance receivables and investments in operating leases 60 or more days past due:

 

 

March 31,

 

 

March 31,

 

 

 

2017

 

 

2016

 

Aggregate balances 60 or more days past due

 

 

 

 

 

 

 

 

Finance receivables

 

$

192

 

 

$

189

 

Investments in operating leases

 

 

95

 

 

 

80

 

Total

 

$

287

 

 

$

269

 

 
Past Due Finance Receivables by Class

The following tables summarize the aging of finance receivables by class:

 

 

 

March 31, 2017

 

 

 

30 - 59 Days

Past Due

 

 

60 - 89 Days

Past Due

 

 

90 Days or

Greater

Past Due

 

 

Total Past

Due

 

 

Current

 

 

Total Finance

Receivables

 

 

90 Days or

Greater Past

Due and

Accruing

 

Retail loan

 

$

586

 

 

$

129

 

 

$

63

 

 

$

778

 

 

$

50,631

 

 

$

51,409

 

 

$

41

 

Wholesale

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

10,951

 

 

 

10,951

 

 

 

-

 

Real estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,713

 

 

 

4,713

 

 

 

-

 

Working capital

 

 

3

 

 

 

-

 

 

 

-

 

 

 

3

 

 

 

2,232

 

 

 

2,235

 

 

 

-

 

Total

 

$

589

 

 

$

129

 

 

$

63

 

 

$

781

 

 

$

68,527

 

 

$

69,308

 

 

$

41

 

 

 

 

March 31, 2016

 

 

 

30 - 59 Days

Past Due

 

 

60 - 89 Days

Past Due

 

 

90 Days or

Greater

Past Due

 

 

Total Past

Due

 

 

Current

 

 

Total Finance

Receivables

 

 

90 Days or

Greater Past

Due and

Accruing

 

Retail loan

 

$

584

 

 

$

129

 

 

$

60

 

 

$

773

 

 

$

49,590

 

 

$

50,363

 

 

$

35

 

Wholesale

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

9,262

 

 

 

9,262

 

 

 

-

 

Real estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,704

 

 

 

4,704

 

 

 

-

 

Working capital

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,933

 

 

 

1,933

 

 

 

-

 

Total

 

$

584

 

 

$

129

 

 

$

60

 

 

$

773

 

 

$

65,489

 

 

$

66,262

 

 

$

35