2. Finance Receivables (Tables)

3 Months Ended

Mar. 31, 2020

Finance Receivables

Schedule of finance receivables

	March 31,		December 31,
	2020		2019
Finance receivables	(In thousands)
Automobile finance receivables, net of unearned interest	$	772,851	$	895,566
Unearned acquisition fees and originations costs		1,625		1,964
Finance receivables	$	774,476	$	897,530

Schedule of delinquency status of finance receivables

	March 31,		December 31,
	2020		2019
	(In thousands)
Delinquency Status
Current	$	635,961	$	698,870
31 - 60 days		76,455		107,951
61 - 90 days		40,089		57,395
91 + days		20,346		31,350
	$	772,851	$	895,566

Schedule of amortized cost basis of finance receivables

	March 31,		December 31,
	2020		2019
	(In thousands)
Annual Vintage Pool
2012	$	1,816	$	2,432
2013		11,643		15,489
2014		48,794		61,290
2015		136,679		162,242
2016		253,339		292,360
2017		320,580		361,753
	$	772,851	$	895,566

Schedule of allowance for finance credit losses

	Three Months Ended
	March 31,
	2020			2019
	(In thousands)
Balance at beginning of period	$	11,640		$	67,376
Early adoption of CECL		127,000			n/a
Provision for credit losses on finance receivables		3,613			23,956
Charge-offs		(34,214	)		(54,344	)
Recoveries		6,034			11,208
Balance at end of period	$	114,073		$	48,196

Schedule of allowance for losses on repossessed inventory

	March 31,			December 31,
	2020			2019
	(In thousands)
Gross balance of repossessions in inventory	$	35,127		$	28,933
Allowance for losses on repossessed inventory		(27,965	)		(21,389	)
Net repossessed inventory included in other assets	$	7,162		$	7,544