XML 31 R19.htm IDEA: XBRL DOCUMENT
v3.23.2

Stock Repurchases | 12 Months Ended
--- | ---
Dec. 31, 2022
Equity [Abstract] |
Stock Repurchases [Text Block] | STOCK REPURCHASES The following table summarizes our stock repurchases for the three and six months ended June 30, 2023 and 2022:
(Dollars in millions) |  | For the Three Months Ended June 30,
|  | 2023 |  | 2022
Stock Repurchases |  | Number of Shares Repurchased |  | Cost |  | Number of Shares Repurchased |  | Cost
Open Market (1) |  | 15,802 |  |  | $ | 7.6 |  |  | 403,953 |  |  | $ | 229.7 |
Other (2) |  | 424 |  |  | 0.2 |  |  | — |  |  | — |
Total |  | 16,226 |  |  | $ | 7.8 |  |  | 403,953 |  |  | $ | 229.7 |
(Dollars in millions) |  | For the Six Months Ended June 30,
|  | 2023 |  | 2022
Stock Repurchases |  | Number of Shares Repurchased |  | Cost |  | Number of Shares Repurchased |  | Cost
Open Market (1) |  | 15,802 |  |  | $ | 7.6 |  |  | 1,205,943 |  |  | $ | 651.7 |
Other (2) |  | 33,459 |  |  | 15.1 |  |  | 1,745 |  |  | 1.0 |
Total |  | 49,261 |  |  | $ | 22.7 |  |  | 1,207,688 |  |  | $ | 652.7 |
(1) Represents repurchases under authorizations by the board of directors for the repurchase of shares by us from time to time in the open market through privately negotiated transactions, through block trades, pursuant to trading plans adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 or otherwise. On September 28, 2021, the board of directors authorized the repurchase of up to two million shares of our common stock in addition to the board’s prior authorizations. As of June 30, 2023, we had authorization to repurchase 142,267 shares of our common stock. (2) Represents shares of common stock released to us by team members as payment of tax withholdings upon the vesting of 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: | dtr-types1: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