XML 28 R11.htm IDEA: XBRL DOCUMENT v3.5.0.2
FINANCE RECEIVABLES
12 Months Ended
Jun. 30, 2016
Receivables [Abstract]  
FINANCE RECEIVABLES

5. FINANCE RECEIVABLES

 

Finance receivables consist of the following:

 

  June 30,  June 30, 
($ in thousands) 2016  2015 
       
Total finance receivables $7,306  $4,639 
Less current portion  3,588   941 
Non-current portion of finance receivables $3,718  $3,698 

 

Credit quality indicators consist of the following:

 

Credit Quality Indicators

 

Credit risk profile based on payment activity: June 30,  June 30, 
  2016  2015 
($ in thousands)        
Performing $7,174  $4,619 
Nonperforming  132   20 
Total $7,306  $4,639 

 

 

Age Analysis of Past Due Finance Receivables

As of June 30, 2016

 

  31 – 60  61 – 90  Greater than        Total 
($ in thousands) Days Past
Due
  Days Past
Due
  90 Days Past
Due
  Total Past
Due
  Current  Finance
Receivables
 
                         
QuickStart Leases $98  $31  $3  $132  $7,174  $7,306 

 

Age Analysis of Past Due Finance Receivables

As of June 30, 2015

 

  31 – 60  61 – 90  Greater than        Total 
($ in thousands) Days Past
Due
  Days Past
Due
  90 Days Past 
Due
  Total Past 
Due
  Current  Finance 
Receivables
 
                         
QuickStart Leases $-  $16  $5  $21  $4,618  $4,639 

 

Finance receivables due for each of the fiscal years following June 30, 2016 are as follows:

 

($ in thousands)   
    
2017 $3,588 
2018  1,246 
2019  1,246 
2020  944 
2021 and beyond  282 
  $7,306