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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
ASSETS:    
Cash and cash equivalents $ 4.1 $ 23.3
Restricted cash and cash equivalents 426.7 410.9
Debt Securities, Available-for-sale, Restricted 66.0 62.1
Loans receivable [1],[2] 9,190.6 9,349.8
Allowance for credit losses (2,866.9) (3,013.5)
Loans receivable, net 6,323.7 6,336.3
Property and equipment, net 53.7 57.3
Income taxes receivable 52.2 109.2
Other assets 52.1 51.8
Total Assets 6,978.5 7,050.9
Liabilities:    
Accounts payable and accrued liabilities 225.6 175.0
Revolving secured line of credit 220.7 2.6
Secured financing 3,768.9 3,811.5
Senior notes 793.4 792.5
Mortgage note [3] 9.2 9.7
Deferred income taxes, net 440.4 435.2
Income taxes payable 0.2 0.2
Total Liabilities 5,458.4 5,226.7
Commitments and Contingencies - See Note 15
Shareholders' Equity:    
Preferred stock, $.01 par value, 1,000,000 shares authorized, none issued 0.0 0.0
Common stock, $.01 par value, 80,000,000 shares authorized, 12,975,455 and 14,145,888 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 0.1 0.1
Paid-in capital 225.8 197.2
Retained earnings 1,296.4 1,626.7
Accumulated other comprehensive income (loss) (2.2) 0.2
Total Shareholders' Equity 1,520.1 1,824.2
Total Liabilities and Shareholders' Equity $ 6,978.5 $ 7,050.9
Preferred stock, par value (in usd per share) $ 0.01  
Preferred stock, shares authorized 1,000,000  
Preferred stock, shares issued 0  
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Common stock, shares authorized 80,000,000 80,000,000
Common stock, shares issued 12,975,455 14,145,888
Balance, shares 12,975,455 14,145,888
[1] As Consumer Loans are aggregated by Dealer for purposes of recognizing revenue and measuring credit losses, the Dealer Loan amount was estimated by allocating the balance of each Dealer Loan to the underlying Consumer Loans based on the forecasted future collections of each Consumer Loan.
[2] As certain Consumer Loans are aggregated by Dealer or month of purchase for purposes of recognizing revenue and measuring credit losses, the Purchased Loan amount was estimated by allocating the balance of certain Purchased Loans to the underlying Consumer Loans based on the forecasted future collections of each Consumer Loan.
[3] Measured at amortized cost with fair value disclosed.