XML 42 R28.htm IDEA: XBRL DOCUMENT
v2.4.0.6

RESERVES FOR CREDIT LOSSES (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2013
RESERVES FOR CREDIT LOSSES [Abstract] |
Activity in Reserves for Credit Losses | Activity in our reserves for credit losses for the years ended March 31, 2013, 2012 and 2011 were as follows (in thousands):
|  | Accounts Receivable |  |  | Notes Receivable |  |  | Lease-Related Receivables |  |  | Total |
Balance April 1, 2012 |  | $ | 1,307 |  |  | $ | 2,963 |  |  | $ | 1,336 |  |  | $ | 5,606 |
Provision for bad debts, net of recoveries |  |  | (19 | ) |  |  | 174 |  |  |  | (488 | ) |  |  | (333 | )
Write-offs and other |  |  | (141 | ) |  |  | - |  |  |  | (3 | ) |  |  | (144 | )
Balance March 31, 2013 |  | $ | 1,147 |  |  | $ | 3,137 |  |  | $ | 845 |  |  | $ | 5,129 |
|  | Accounts Receivable |  |  | Notes Receivable |  |  | Lease-Related Receivables |  |  | Total |
Balance April 1, 2011 |  | $ | 944 |  |  | $ | 94 |  |  | $ | 1,733 |  |  | $ | 2,771 |
Provision for bad debts, net of recoveries |  |  | 739 |  |  |  | 2,869 |  |  |  | (395 | ) |  |  | 3,213 |
Write-offs and other |  |  | (376 | ) |  |  | - |  |  |  | (2 | ) |  |  | (378 | )
Balance March 31, 2012 |  | $ | 1,307 |  |  | $ | 2,963 |  |  | $ | 1,336 |  |  | $ | 5,606 |
|  | Accounts Receivable |  |  | Notes Receivable |  |  | Lease-Related Receivables |  |  | Total |
Balance April 1, 2010 |  | $ | 1,580 |  |  | $ | 75 |  |  | $ | 1,930 |  |  | $ | 3,585 |
Provision for bad debts, net of recoveries |  |  | (252 | ) |  |  | 19 |  |  |  | 330 |  |  |  | 97 |
Write-offs and other |  |  | (384 | ) |  |  | - |  |  |  | (527 | ) |  |  | (911 | )
Balance March 31, 2011 |  | $ | 944 |  |  | $ | 94 |  |  | $ | 1,733 |  |  | $ | 2,771 |
Reserve for Credit Losses and Minimum Lease Payments Associated with Notes Receivable and Investment in Direct Financing and Sales-type Lease Balances Disaggregated on the Basis of Impairment Method | Our reserve for credit losses and minimum lease payments associated with our investment in direct financing and sales- type lease balances disaggregated on the basis of our impairment method were as follows (in thousands):
|  | March, 31, 2013 |  |  | March 31, 2012 |
|  | Notes Receivable |  |  | Lease-Related Receivables |  |  | Notes Receivable |  |  | Lease-Related Receivables |
Reserves for credit losses: |  |  |  |  |  |  |  |  |  |  |  |
Ending balance: collectively evaluated for impairment |  | $ | 310 |  |  | $ | 747 |  |  | $ | 298 |  |  | $ | 1,314 |
Ending balance: individually evaluated for impairment |  |  | 2,827 |  |  |  | 98 |  |  |  | 2,665 |  |  |  | 22 |
Ending balance |  | $ | 3,137 |  |  | $ | 845 |  |  | $ | 2,963 |  |  | $ | 1,336 |
Minimum payments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance: collectively evaluated for impairment |  | $ | 31,793 |  |  | $ | 64,246 |  |  | $ | 22,944 |  |  | $ | 99,545 |
Ending balance: individually evaluated for impairment |  |  | 3,237 |  |  |  | 368 |  |  |  | 4,356 |  |  |  | 202 |
Ending balance |  | $ | 35,030 |  |  | $ | 64,614 |  |  | $ | 27,300 |  |  | $ | 99,747 |
Balance Disaggregated Based on Internally Assigned CQR | The age of the recorded minimum lease payments and net credit exposure associated with our investment in direct financing and sales-type leases that are past due disaggregated based on our internally assigned credit quality rating ("CQR") were as follows as of March 31, 2013 and 2012 (in thousands):
|  | 31-60 Days Past Due |  |  | 61-90 Days Past Due |  |  | Greater than 90 Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Unbilled Minimum Lease Payments |  |  | Total Minimum Lease Payments |  |  | Unearned Income |  |  | Non-Recourse Notes Payable |  |  | Net Credit Exposure |
March 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High CQR |  | $ | 454 |  |  | $ | 316 |  |  | $ | 28 |  |  | $ | 798 |  |  | $ | 322 |  |  | $ | 38,278 |  |  | $ | 39,398 |  |  | $ | (2,777 | ) |  | $ | (10,337 | ) |  | $ | 26,284 |
Average CQR |  |  | 51 |  |  |  | 51 |  |  |  | 5 |  |  |  | 107 |  |  |  | 101 |  |  |  | 24,640 |  |  |  | 24,848 |  |  |  | (1,596 | ) |  |  | (7,857 | ) |  |  | 15,395 |
Low CQR |  |  | - |  |  |  | - |  |  |  | 61 |  |  |  | 61 |  |  |  | - |  |  |  | 307 |  |  |  | 368 |  |  |  | (39 | ) |  |  | - |  |  |  | 329 |
Total |  |  | 505 |  |  |  | 367 |  |  |  | 94 |  |  |  | 966 |  |  |  | 423 |  |  |  | 63,225 |  |  |  | 64,614 |  |  |  | (4,412 | ) |  |  | (18,194 | ) |  |  | 42,008 |
March 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High CQR |  | $ | 1,767 |  |  | $ | 5 |  |  | $ | 72 |  |  | $ | 1,844 |  |  | $ | 977 |  |  | $ | 58,214 |  |  | $ | 61,035 |  |  | $ | (4,541 | ) |  | $ | (3,480 | ) |  | $ | 53,014 |
Average CQR |  |  | 85 |  |  |  | 7 |  |  |  | 12 |  |  |  | 104 |  |  |  | 53 |  |  |  | 38,337 |  |  |  | 38,494 |  |  |  | (4,445 | ) |  |  | (15,109 | ) |  |  | 18,940 |
Low CQR |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 218 |  |  |  | 218 |  |  |  | (16 | ) |  |  | - |  |  |  | 202 |
Total |  | $ | 1,852 |  |  | $ | 12 |  |  | $ | 84 |  |  | $ | 1,948 |  |  | $ | 1,030 |  |  | $ | 96,769 |  |  | $ | 99,747 |  |  | $ | (9,002 | ) |  | $ | (18,589 | ) |  | $ | 72,156 |
Age of the Recorded Notes Receivable Balance Disaggregated Based on Internally Assigned CQR | The age of the recorded notes receivable balance disaggregated based on our internally assigned CQR were as follows as March 31, 2013 and 2012 (in thousands):
|  | 31-60 Days Past Due |  |  | 61-90 Days Past Due |  |  | Greater than 90 Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Unbilled Notes Receivable |  |  | Total Notes Payments |  |  | Non-Recourse Notes Payable |  |  | Net Credit Exposure |
March 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High CQR |  | $ | 1,342 |  |  | $ | 127 |  |  | $ | 832 |  |  | $ | 2,301 |  |  | $ | 3,450 |  |  | $ | 22,097 |  |  | $ | 27,848 |  |  | $ | (5,621 | ) |  | $ | 22,227 |
Average CQR |  |  | 1,379 |  |  |  | - |  |  |  | - |  |  |  | 1,379 |  |  |  | - |  |  |  | 2,566 |  |  |  | 3,945 |  |  |  | (1,203 | ) |  |  | 2,742 |
Low CQR |  |  | - |  |  |  | - |  |  |  | 726 |  |  |  | 726 |  |  |  | - |  |  |  | 2,511 |  |  |  | 3,237 |  |  |  | - |  |  |  | 3,237 |
Total |  | $ | 2,721 |  |  | $ | 127 |  |  | $ | 1,558 |  |  | $ | 4,406 |  |  | $ | 3,450 |  |  | $ | 27,174 |  |  | $ | 35,030 |  |  | $ | (6,824 | ) |  | $ | 28,206 |
March 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High CQR |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 2,661 |  |  | $ | 18,140 |  |  | $ | 20,801 |  |  | $ | (292 | ) |  | $ | 20,509 |
Average CQR |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 29 |  |  |  | 2,113 |  |  |  | 2,142 |  |  |  | (203 | ) |  |  | 1,939 |
Low CQR |  |  | - |  |  |  | - |  |  |  | 86 |  |  |  | 86 |  |  |  | 387 |  |  |  | 3,884 |  |  |  | 4,357 |  |  |  | - |  |  |  | 4,357 |
Total |  | $ | - |  |  | $ | - |  |  | $ | 86 |  |  | $ | 86 |  |  | $ | 3,077 |  |  | $ | 24,137 |  |  | $ | 27,300 |  |  | $ | (495 | ) |  | $ | 26,805 |

X
- Definition Tabular disclosure of reserve for credit losses and minimum lease payments associated with notes receivable and investment in direct financing and sales- type lease balances disaggregated on the basis of impairment method. + References No definition available. + Details
Name: | plus_ReserveForCreditLossesAndMinimumLeasePaymentsAssociatedWithNotesReceivableAndInvestmentInDirectFinancingAndSalesTypeLeaseBalancesDisaggregatedOnBasisOfImpairmentMethodTableTextBlock
Namespace Prefix: | plus_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953659-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=7880640&loc=SL6953803-111525 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of credit losses for current financing receivables (such as trade and accounts receivable), including a rollforward of the balance. An alternative caption includes allowance for doubtful accounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
Name: | us-gaap_ScheduleOfCreditLossesForFinancingReceivablesCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of nonaccrual and past due financing receivables (such as loans and trade receivables), including: (a) the recorded investment in loans and trade receivables, if applicable, on nonaccrual status as of each balance sheet date (b) the recorded investment in loans and trade receivables, if applicable, past due 90 days or more and still accruing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5111-111524 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration