Segment Information (Tables)

6 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information for our reportable operating segments is summarized as follows:

	Three months ended September 30, 2020
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	2,935	$	-	$	-		$	2,935
Depreciation on operating leases		1,349		-		-			1,349
Interest expense		495		-		-			495
Net financing revenues		1,091		-		-			1,091
Insurance earned premiums and contract revenues		-		238		-			238
Investment and other income, net		23		67		-			90
Net financing and other revenues		1,114		305		-			1,419
Expenses:
Provision for credit losses		65		-		-			65
Operating and administrative expenses		294		95		-			389
Insurance losses and loss adjustment expenses		-		92		-			92
Total expenses		359		187		-			546
Income before income taxes		755		118		-			873
Provision for income taxes		189		29		-			218
Net income	$	566	$	89	$	-		$	655
	Six months ended September 30, 2020
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	5,847	$	-	$	-		$	5,847
Depreciation on operating leases		3,034		-		-			3,034
Interest expense		1,043		-		-			1,043
Net financing revenues		1,770		-		-			1,770
Insurance earned premiums and contract revenues		-		473		-			473
Investment and other income, net		55		211		-			266
Net financing and other revenues		1,825		684		-			2,509
Expenses:
Provision for credit losses		248		-		-			248
Operating and administrative expenses		550		184		-			734
Insurance losses and loss adjustment expenses		-		167		-			167
Total expenses		798		351		-			1,149
Income before income taxes		1,027		333		-			1,360
Provision for income taxes		251		80		-			331
Net income	$	776	$	253	$	-		$	1,029
Total assets at September 30, 2020	$	125,277	$	5,925	$	(135	)	$	131,067

Note 13 – Segment Information (Continued)

	Three months ended September 30, 2019
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	3,018	$	-	$	-		$	3,018
Depreciation on operating leases		1,583		-		-			1,583
Interest expense		619		-		(6	)		613
Net financing revenues		816		-		6			822
Insurance earned premiums and contract revenues		-		232		-			232
Investment and other income, net		38		65		(6	)		97
Net financing and other revenues		854		297		-			1,151
Expenses:
Provision for credit losses		61		-		-			61
Operating and administrative expenses		268		90		-			358
Insurance losses and loss adjustment expenses		-		115		-			115
Total expenses		329		205		-			534
Income before income taxes		525		92		-			617
Provision for income taxes		136		22		-			158
Net income	$	389	$	70	$	-		$	459
	Six months ended September 30, 2019
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	5,981	$	-	$	-		$	5,981
Depreciation on operating leases		3,208		-		-			3,208
Interest expense		1,322		-		(12	)		1,310
Net financing revenues		1,451		-		12			1,463
Insurance earned premiums and contract revenues		-		461		-			461
Investment and other income, net		75		152		(12	)		215
Net financing and other revenues		1,526		613		-			2,139
Expenses:
Provision for credit losses		136		-		-			136
Operating and administrative expenses		514		181		-			695
Insurance losses and loss adjustment expenses		-		228		-			228
Total expenses		650		409		-			1,059
Income before income taxes		876		204		-			1,080
Provision for income taxes		212		50		-			262
Net income	$	664	$	154	$	-		$	818
Total assets at September 30, 2019	$	115,714	$	5,414	$	(1,190	)	$	119,938