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Allowance for Credit Losses (Tables)
 9 Months Ended
Dec. 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:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Allowance for credit losses at beginning of period

 

$

636

 

 

$

526

 

 

$

622

 

 

$

535

 

Provision for credit losses

 

 

108

 

 

 

183

 

 

 

320

 

 

 

396

 

Charge-offs, net of recoveries

 

 

(110

)

 

 

(143

)

 

 

(308

)

 

 

(365

)

Allowance for credit losses at end of period

 

$

634

 

 

$

566

 

 

$

634

 

 

$

566

 

 
Allowance for Credit Losses for Finance Receivables and Finance Receivables by Portfolio Segment

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

 

 

 

Three Months Ended December 31, 2017

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Allowance for Credit Losses for Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, October 1, 2017

 

$

359

 

 

$

123

 

 

$

482

 

Charge-offs

 

 

(92

)

 

 

-

 

 

 

(92

)

Recoveries

 

 

9

 

 

 

-

 

 

 

9

 

Provisions

 

 

81

 

 

 

11

 

 

 

92

 

Ending balance, December 31, 2017

 

$

357

 

 

$

134

 

 

$

491

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2017

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2017

 

$

344

 

 

$

123

 

 

$

467

 

Charge-offs

 

 

(257

)

 

 

-

 

 

 

(257

)

Recoveries

 

 

35

 

 

 

-

 

 

 

35

 

Provisions

 

 

235

 

 

 

11

 

 

 

246

 

Ending balance, December 31, 2017

 

$

357

 

 

$

134

 

 

$

491

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses for Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

52

 

 

$

52

 

Ending balance: Collectively evaluated for impairment

 

$

357

 

 

$

82

 

 

$

439

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, December 31, 2017

 

$

52,892

 

 

$

17,092

 

 

$

69,984

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

458

 

 

$

458

 

Ending balance: Collectively evaluated for impairment

 

$

52,892

 

 

$

16,634

 

 

$

69,526

 

 

 

 

Three Months Ended December 31, 2016

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Allowance for Credit Losses for Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, October 1, 2016

 

$

295

 

 

$

94

 

 

$

389

 

Charge-offs

 

 

(113

)

 

 

-

 

 

 

(113

)

Recoveries

 

 

12

 

 

 

-

 

 

 

12

 

Provisions

 

 

120

 

 

 

13

 

 

 

133

 

Ending balance, December 31, 2016

 

$

314

 

 

$

107

 

 

$

421

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2016

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2016

 

$

289

 

 

$

132

 

 

$

421

 

Charge-offs

 

 

(294

)

 

 

-

 

 

 

(294

)

Recoveries

 

 

38

 

 

 

-

 

 

 

38

 

Provisions

 

 

281

 

 

 

(25

)

 

 

256

 

Ending balance, December 31, 2016

 

$

314

 

 

$

107

 

 

$

421

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses for Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

26

 

 

$

26

 

Ending balance: Collectively evaluated for impairment

 

$

314

 

 

$

81

 

 

$

395

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, December 31, 2016

 

$

51,570

 

 

$

17,219

 

 

$

68,789

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

438

 

 

$

438

 

Ending balance: Collectively evaluated for impairment

 

$

51,570

 

 

$

16,781

 

 

$

68,351

 

 
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:

 

 

 

December 31,

 

 

March 31,

 

 

 

2017

 

 

2017

 

Aggregate balances 60 or more days past due

 

 

 

 

 

 

 

 

Finance receivables

 

$

322

 

 

$

192

 

Investments in operating leases

 

 

149

 

 

 

95

 

Total

 

$

471

 

 

$

287

 

 
Past Due Finance Receivables by Class

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

 

 

 

December 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

 

$

860

 

 

$

228

 

 

$

94

 

 

$

1,182

 

 

$

51,710

 

 

$

52,892

 

 

$

70

 

Wholesale

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

10,114

 

 

 

10,114

 

 

 

-

 

Real estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,672

 

 

 

4,672

 

 

 

-

 

Working capital

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,306

 

 

 

2,306

 

 

 

-

 

Total

 

$

860

 

 

$

228

 

 

$

94

 

 

$

1,182

 

 

$

68,802

 

 

$

69,984

 

 

$

70

 

 

 

 

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