FINANCE RECEIVABLES

9 Months Ended

Mar. 31, 2018

5. FINANCE RECEIVABLES

Finance receivables consist of the following:


	March 31,		June 30,
($ in thousands)	2018		2017
Finance receivables, current	$	3,904	$	11,010
Finance receivables, non-current		9,679		8,607
Total finance receivables	$	13,583	$	19,617

The Company routinely evaluates outstanding finance receivables for impairment based on past due balances or accounts otherwise determined to be at a higher risk of loss. A finance receivable is classified as nonperforming if it is considered probable the Company will be unable to collect all contractual interest and principal payments as scheduled. In addition, all leases and all customer accounts over ninety days past due are considered nonperforming and on nonaccrual status.

At March 31, 2018 and June 30, 2017, credit quality indicators consisted of the following:


	March 31,		June 30,
($ in thousands)	2018		2017
Performing	$	13,508	$	19,515
Nonperforming		75		102
Total	$	13,583	$	19,617

Age Analysis of Past Due Finance Receivables

As of March 31, 2018


			30 and Under		31 – 60		61 – 90		Greater than		Total
			Days Past		Days Past		Days Past		90 Days Past		Finance
($ in thousands)	Current		Due		Due		Due		Due		Receivables
QuickStart Leases	$	13,010	$	275	$	200	$	23	$	75	$	13,583

Age Analysis of Past Due Finance Receivables

As of June 30, 2017


			30 and Under		31 – 60		61 – 90		Greater than		Total
			Days Past		Days Past		Days Past		90 Days Past		Finance
($ in thousands)	Current		Due		Due		Due		Due		Receivables
QuickStart Leases	$	19,515	$	29	$	3	$	35	$	35	$	19,617