(2) Finance Receivables (Tables)

3 Months Ended

Mar. 31, 2021

Finance Receivables

Schedule of finance receivables

	March 31,		December 31,
	2021		2020
Finance receivables	(In thousands)
Automobile finance receivables, net of unearned interest	$	410,623	$	491,307
Unearned acquisition fees and originations costs		486		826
Finance receivables	$	411,109	$	492,133

Schedule of delinquency status of finance receivables

	March 31,		December 31,
	2021		2020
	(In thousands)
Delinquency Status
Current	$	360,369	$	406,693
31 - 60 days		35,533		56,572
61 - 90 days		11,683		22,660
91 + days		3,038		5,382
	$	410,623	$	491,307

Schedule of amortized cost basis of finance receivables

	March 31,		December 31,
	2021		2020
	(In thousands)
Annual Vintage Pool
2012 and prior	$	427	$	608
2013		3,102		4,483
2014		17,169		23,115
2015		62,428		78,457
2016		136,699		163,677
2017		190,798		220,967
	$	410,623	$	491,307

Schedule of allowance for finance credit losses

	Three Months Ended
	March 31,
		2021			2020
		(In thousands)
Balance at beginning of period	$	80,790		$	11,640
Early adoption of CECL		–			127,000
Provision for credit losses on finance receivables		–			3,613
Charge-offs		(12,122	)		(34,214	)
Recoveries		4,829			6,034
Balance at end of period	$	73,497		$	114,073

Schedule of allowance for losses on repossessed inventory

	March 31,			December 31,
	2021			2020
	(In thousands)
Gross balance of repossessions in inventory	$	10,340		$	15,589
Allowance for losses on repossessed inventory		(6,816	)		(11,790	)
Net repossessed inventory included in other assets	$	3,524		$	3,799