XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.23.3

Note 3 - Segment Reporting (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
Three Months Ended September 30, 2023 |  | CaaS |  |  | Auto Finance |  |  | Total |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Consumer loans, including past due fees |  | $ | 214,596 |  |  | $ | 10,086 |  |  | $ | 224,682 |
Fees and related income on earning assets |  |  | 59,831 |  |  |  | 22 |  |  |  | 59,853 |
Other revenue |  |  | 10,180 |  |  |  | 198 |  |  |  | 10,378 |
Other non-operating revenue |  |  | (69 | ) |  |  | 63 |  |  |  | (6 | )
Total revenue |  |  | 284,538 |  |  |  | 10,369 |  |  |  | 294,907 |
Interest expense |  |  | (27,394 | ) |  |  | (880 | ) |  |  | (28,274 | )
Provision for losses on loans, interest and fees receivable recorded at amortized cost |  |  | — |  |  |  | (538 | ) |  |  | (538 | )
Changes in fair value of loans, interest and fees receivable recorded at fair value |  |  | (177,854 | ) |  |  | — |  |  |  | (177,854 | )
Net margin |  | $ | 79,290 |  |  | $ | 8,951 |  |  | $ | 88,241 |
Income before income taxes |  | $ | 28,455 |  |  | $ | 3,303 |  |  | $ | 31,758 |
Income tax expense |  | $ | (5,944 | ) |  | $ | (841 | ) |  | $ | (6,785 | )
Nine Months Ended September 30, 2023 |  | CaaS |  |  | Auto Finance |  |  | Total |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Consumer loans, including past due fees |  | $ | 625,393 |  |  | $ | 29,032 |  |  | $ | 654,425 |
Fees and related income on earning assets |  |  | 167,022 |  |  |  | 62 |  |  |  | 167,084 |
Other revenue |  |  | 24,522 |  |  |  | 615 |  |  |  | 25,137 |
Other non-operating revenue |  |  | 34 |  |  |  | 106 |  |  |  | 140 |
Total revenue |  |  | 816,971 |  |  |  | 29,815 |  |  |  | 846,786 |
Interest expense |  |  | (74,217 | ) |  |  | (2,506 | ) |  |  | (76,723 | )
Provision for losses on loans, interest and fees receivable recorded at amortized cost |  |  | — |  |  |  | (1,551 | ) |  |  | (1,551 | )
Changes in fair value of loans, interest and fees receivable recorded at fair value |  |  | (505,505 | ) |  |  | — |  |  |  | (505,505 | )
Net margin |  | $ | 237,249 |  |  | $ | 25,758 |  |  | $ | 263,007 |
Income before income taxes |  | $ | 89,191 |  |  | $ | 8,662 |  |  | $ | 97,853 |
Income tax expense |  | $ | (19,857 | ) |  | $ | (2,315 | ) |  | $ | (22,172 | )
Total assets |  | $ | 2,493,946 |  |  | $ | 102,955 |  |  | $ | 2,596,901 |
Three Months Ended September 30, 2022 |  | CaaS |  |  | Auto Finance |  |  | Total |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Consumer loans, including past due fees |  | $ | 208,881 |  |  | $ | 9,135 |  |  | $ | 218,016 |
Fees and related income on earning assets |  |  | 48,493 |  |  |  | 25 |  |  |  | 48,518 |
Other revenue |  |  | 11,103 |  |  |  | 237 |  |  |  | 11,340 |
Other non-operating revenue |  |  | 58 |  |  |  | 22 |  |  |  | 80 |
Total revenue |  |  | 268,535 |  |  |  | 9,419 |  |  |  | 277,954 |
Interest expense |  |  | (20,898 | ) |  |  | (616 | ) |  |  | (21,514 | )
Provision for losses on loans, interest and fees receivable recorded at amortized cost |  |  | — |  |  |  | (381 | ) |  |  | (381 | )
Changes in fair value of loans, interest and fees receivable recorded at fair value |  |  | (163,624 | ) |  |  | — |  |  |  | (163,624 | )
Net margin |  | $ | 84,013 |  |  | $ | 8,422 |  |  | $ | 92,435 |
Income before income taxes |  | $ | 36,163 |  |  | $ | 3,153 |  |  | $ | 39,316 |
Income tax expense |  | $ | (6,055 | ) |  | $ | (891 | ) |  | $ | (6,946 | )
Nine Months Ended September 30, 2022 |  | CaaS |  |  | Auto Finance |  |  | Total |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Consumer loans, including past due fees |  | $ | 548,174 |  |  | $ | 26,195 |  |  | $ | 574,369 |
Fees and related income on earning assets |  |  | 168,992 |  |  |  | 63 |  |  |  | 169,055 |
Other revenue |  |  | 33,270 |  |  |  | 746 |  |  |  | 34,016 |
Other non-operating revenue |  |  | 321 |  |  |  | 59 |  |  |  | 380 |
Total revenue |  |  | 750,757 |  |  |  | 27,063 |  |  |  | 777,820 |
Interest expense |  |  | (56,613 | ) |  |  | (1,236 | ) |  |  | (57,849 | )
Provision for losses on loans, interest and fees receivable recorded at amortized cost |  |  | — |  |  |  | (710 | ) |  |  | (710 | )
Changes in fair value of loans, interest and fees receivable recorded at fair value |  |  | (414,863 | ) |  |  | — |  |  |  | (414,863 | )
Net margin |  | $ | 279,281 |  |  | $ | 25,117 |  |  | $ | 304,398 |
Income (loss) before income taxes |  | $ | 119,740 |  |  | $ | (250 | ) |  | $ | 119,490 |
Income tax (expense) benefit |  | $ | (8,637 | ) |  | $ | 69 |  |  | $ | (8,568 | )
Total assets |  | $ | 2,158,183 |  |  | $ | 94,148 |  |  | $ | 2,252,331 |

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 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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