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Note 3 - Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Three Months Ended June 30, 2023		CaaS				Auto Finance				Total
Revenue:
Consumer loans, including past due fees		$	210,268			$	9,774			$	220,042
Fees and related income on earning assets			62,852				22				62,874
Other revenue			7,627				208				7,835
Other non-operating revenue			89				(2	)			87
Total revenue			280,836				10,002				290,838
Interest expense			(23,363	)			(852	)			(24,215	)
Provision for losses on loans, interest and fees receivable recorded at amortized cost			—				(309	)			(309	)
Changes in fair value of loans, interest and fees receivable recorded at fair value			(177,829	)			—				(177,829	)
Net margin		$	79,644			$	8,841			$	88,485
Income before income taxes		$	28,883			$	3,130			$	32,013
Income tax expense		$	(6,346	)		$	(853	)		$	(7,199	)

Six Months Ended June 30, 2023		CaaS				Auto Finance				Total
Revenue:
Consumer loans, including past due fees		$	410,797			$	18,946			$	429,743
Fees and related income on earning assets			107,191				40				107,231
Other revenue			14,342				417				14,759
Other non-operating revenue			103				43				146
Total revenue			532,433				19,446				551,879
Interest expense			(46,823	)			(1,626	)			(48,449	)
Provision for losses on loans, interest and fees receivable recorded at amortized cost			—				(1,013	)			(1,013	)
Changes in fair value of loans, interest and fees receivable recorded at fair value			(327,651	)			—				(327,651	)
Net margin		$	157,959			$	16,807			$	174,766
Income before income taxes		$	60,736			$	5,359			$	66,095
Income tax expense		$	(13,913	)		$	(1,474	)		$	(15,387	)
Total assets		$	2,355,177			$	99,525			$	2,454,702

Three Months Ended June 30, 2022		CaaS				Auto Finance				Total
Revenue:
Consumer loans, including past due fees		$	182,828			$	8,719			$	191,547
Fees and related income on earning assets			65,819				20				65,839
Other revenue			12,169				241				12,410
Other non-operating revenue			228				11				239
Total revenue			261,044				8,991				270,035
Interest expense			(18,552	)			(373	)			(18,925	)
Provision for losses on loans, interest and fees receivable recorded at amortized cost			—				(182	)			(182	)
Changes in fair value of loans, interest and fees receivable recorded at fair value			(146,559	)			—				(146,559	)
Net margin		$	95,933			$	8,436			$	104,369
Income before income taxes		$	39,979			$	2,561			$	42,540
Income tax expense		$	(8,100	)		$	(643	)		$	(8,743	)

Six Months Ended June 30, 2022		CaaS				Auto Finance				Total
Revenue:
Consumer loans, including past due fees		$	339,293			$	17,060			$	356,353
Fees and related income on earning assets			120,499				38				120,537
Other revenue			22,167				509				22,676
Other non-operating revenue			263				37				300
Total revenue			482,222				17,644				499,866
Interest expense			(35,715	)			(620	)			(36,335	)
Provision for losses on loans, interest and fees receivable recorded at amortized cost			—				(329	)			(329	)
Changes in fair value of loans, interest and fees receivable recorded at fair value			(251,239	)			—				(251,239	)
Net margin		$	195,268			$	16,695			$	211,963
Income before income taxes		$	83,577			$	(3,403	)		$	80,174
Income tax (expense) benefit		$	(2,582	)		$	960			$	(1,622	)
Total assets		$	2,025,867			$	90,587			$	2,116,454

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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