2. Finance Receivables (Tables)

3 Months Ended

Mar. 31, 2017

Finance Receivables

Financial Receivables

	March 31,		December 31,
	2017		2016
	(In thousands)
Finance receivables
Automobile finance receivables, net of unearned interest	$	2,283,734	$	2,266,619
Unearned acquisition fees and originations costs		2,438		1,324
Finance receivables	$	2,286,172	$	2,267,943

Delinquency status of finance receivables

	March 31,		December 31,
	2017		2016
	(In thousands)
Deliquency Status
Current	$	2,095,202	$	2,053,759
31 - 60 days		109,652		116,073
61 - 90 days		45,377		52,404
91 + days		33,503		44,383
	$	2,283,734	$	2,266,619

Allowance for credit losses

	Three Months Ended
	March 31,
	2017			2016
	(In thousands)
Balance at beginning of period	$	95,578		$	75,603
Provision for credit losses on finance receivables		47,167			44,197
Charge-offs		(50,299	)		(45,933	)
Recoveries		6,809			6,000
Balance at end of period	$	99,255		$	79,867

Allowance for losses on repossessed inventory

	March 31,			December 31,
	2017			2016
	(In thousands)
Gross balance of repossessions in inventory	$	37,650		$	40,069
Allowance for losses on repossessed inventory		(26,865	)		(28,924	)
Net repossessed inventory included in other assets	$	10,785		$	11,145