XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Stock Repurchases | 6 Months Ended
--- | ---
Jun. 30, 2016
Equity [Abstract] |
Stock Repurchases | STOCK REPURCHASES Our board of directors approved a stock repurchase program which authorizes us to repurchase common shares in the open market or in privately negotiated transactions at price levels we deem attractive. On November 23, 2015, the board of directors authorized the repurchase of up to one million shares of our common stock in addition to the board’s prior authorizations. As of June 30, 2016, we had authorization to repurchase 815,150 shares of our common stock. We did not have any stock repurchases for the three months ended June 30, 2016 and 2015. The following table summarizes our stock repurchases for the six months ended June 30, 2016 and 2015:
(Dollars in millions) |  | For the Six Months Ended June 30,
|  | 2016 |  | 2015
Stock Repurchases |  | Number of Shares Repurchased |  | Cost |  | Number of Shares Repurchased |  | Cost
Open Market |  | 45,300 |  |  | $ | 7.6 |  |  | — |  |  | $ | — |
Other (1) |  | 170,668 |  |  | 33.2 |  |  | 6,065 |  |  | 1.1 |
Total |  | 215,968 |  |  | $ | 40.8 |  |  | 6,065 |  |  | $ | 1.1 |
(1) | Represents shares of common stock released to us by team members as payment of tax withholdings due to us upon the vesting of restricted stock and restricted stock units and the conversion of restricted stock units to common stock.

X
- Definition The entire disclosure for an entity's stock repurchases, including the description of the share repurchase program authorized by an entity's board of directors, the number of shares repurchased, the cost of the shares repurchased, the remaining maximum dollar value of shares available for repurchase under the program, and other information necessary to a fair presentation. + References No definition available. + Details
Name: | cacc_StockRepurchasesTextBlock
Namespace Prefix: | cacc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration