XML 85 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
 12 Months Ended
Apr. 30, 2015
Apr. 30, 2014
Apr. 30, 2013
Net income $ 29,490,000us-gaap_ProfitLoss $ 21,129,000us-gaap_ProfitLoss $ 32,165,000us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Provision for credit losses 120,289,000us-gaap_ProvisionForLoanLossesExpensed 119,247,000us-gaap_ProvisionForLoanLossesExpensed 96,035,000us-gaap_ProvisionForLoanLossesExpensed
Losses on claims for payment protection plan 10,588,000crmt_PaymentProtectionPlanLosses 9,586,000crmt_PaymentProtectionPlanLosses 7,544,000crmt_PaymentProtectionPlanLosses
Depreciation and amortization 3,830,000us-gaap_DepreciationDepletionAndAmortization 3,285,000us-gaap_DepreciationDepletionAndAmortization 2,826,000us-gaap_DepreciationDepletionAndAmortization
Amortization of debt issuance costs 188,000us-gaap_AmortizationOfFinancingCostsAndDiscounts 209,000us-gaap_AmortizationOfFinancingCostsAndDiscounts 209,000us-gaap_AmortizationOfFinancingCostsAndDiscounts
Loss on disposal of property and equipment 17,000us-gaap_GainLossOnSaleOfPropertyPlantEquipment 76,000us-gaap_GainLossOnSaleOfPropertyPlantEquipment 58,000us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Stock-based compensation 780,000us-gaap_ShareBasedCompensation 1,391,000us-gaap_ShareBasedCompensation 1,852,000us-gaap_ShareBasedCompensation
Deferred income taxes 3,934,000us-gaap_DeferredIncomeTaxExpenseBenefit (2,923,000)us-gaap_DeferredIncomeTaxExpenseBenefit 1,446,000us-gaap_DeferredIncomeTaxExpenseBenefit
Change in operating assets and liabilities:      
Finance receivable originations (445,405,000)crmt_OriginationsOfFinancingReceivables (404,918,000)crmt_OriginationsOfFinancingReceivables (387,895,000)crmt_OriginationsOfFinancingReceivables
Finance receivable collections 238,845,000us-gaap_ProceedsFromCollectionOfFinanceReceivables 223,538,000us-gaap_ProceedsFromCollectionOfFinanceReceivables 207,713,000us-gaap_ProceedsFromCollectionOfFinanceReceivables
Accrued interest on finance receivables (172,000)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet (46,000)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet (356,000)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet
Inventory 40,686,000us-gaap_IncreaseDecreaseInInventories 50,009,000us-gaap_IncreaseDecreaseInInventories 34,072,000us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other assets (887,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (1,298,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (1,071,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued liabilities 3,862,000us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (1,675,000)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 2,419,000us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Income taxes, net 200,000us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 3,313,000us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (756,000)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Excess tax benefit from stock based compensation (1,627,000)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (141,000)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (190,000)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Net cash provided by (used in) operating activities 12,387,000us-gaap_NetCashProvidedByUsedInOperatingActivities 21,875,000us-gaap_NetCashProvidedByUsedInOperatingActivities (1,336,000)us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing Activities:      
Purchases of property and equipment (4,009,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (7,095,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (5,726,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of property and equipment 112,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 2,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 208,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Net cash used in investing activities (3,897,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (7,093,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (5,518,000)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing Activities:      
Exercise of stock options and warrants 4,143,000us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 720,000us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 790,000us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Excess tax benefits from stock based compensation 1,627,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 141,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 190,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Issuance of common stock 146,000us-gaap_ProceedsFromIssuanceOfCommonStock 151,000us-gaap_ProceedsFromIssuanceOfCommonStock 143,000us-gaap_ProceedsFromIssuanceOfCommonStock
Purchase of common stock (20,020,000)us-gaap_PaymentsForRepurchaseOfCommonStock (12,754,000)us-gaap_PaymentsForRepurchaseOfCommonStock (17,305,000)us-gaap_PaymentsForRepurchaseOfCommonStock
Dividend payments (40,000)us-gaap_PaymentsOfDividends (40,000)us-gaap_PaymentsOfDividends (40,000)us-gaap_PaymentsOfDividends
Debt issuance costs (256,000)us-gaap_PaymentsOfDebtIssuanceCosts (207,000)us-gaap_PaymentsOfDebtIssuanceCosts (56,000)us-gaap_PaymentsOfDebtIssuanceCosts
Change in cash overdrafts 502,000us-gaap_ProceedsFromRepaymentsOfBankOverdrafts (452,000)us-gaap_ProceedsFromRepaymentsOfBankOverdrafts 1,409,000us-gaap_ProceedsFromRepaymentsOfBankOverdrafts
Proceeds from revolving credit facilities 377,225,000us-gaap_ProceedsFromLinesOfCredit 329,424,000us-gaap_ProceedsFromLinesOfCredit 330,238,000us-gaap_ProceedsFromLinesOfCredit
Payments on revolving credit facilities (371,316,000)us-gaap_RepaymentsOfLinesOfCredit (331,748,000)us-gaap_RepaymentsOfLinesOfCredit (308,519,000)us-gaap_RepaymentsOfLinesOfCredit
Net cash (used in) provided by financing activities (7,989,000)us-gaap_NetCashProvidedByUsedInFinancingActivities (14,765,000)us-gaap_NetCashProvidedByUsedInFinancingActivities 6,850,000us-gaap_NetCashProvidedByUsedInFinancingActivities
Increase (decrease) in cash and cash equivalents 501,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 17,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (4,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 289,000us-gaap_CashAndCashEquivalentsAtCarryingValue 272,000us-gaap_CashAndCashEquivalentsAtCarryingValue 276,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 790,000us-gaap_CashAndCashEquivalentsAtCarryingValue 289,000us-gaap_CashAndCashEquivalentsAtCarryingValue 272,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Payment Protection Plan [Member]      
Change in operating assets and liabilities:      
Increase (Decrease) in Deferred Revenue 2,419,000us-gaap_IncreaseDecreaseInDeferredRevenue
/ us-gaap_ProductOrServiceAxis
= crmt_PaymentProtectionPlanMember		 323,000us-gaap_IncreaseDecreaseInDeferredRevenue
/ us-gaap_ProductOrServiceAxis
= crmt_PaymentProtectionPlanMember		 2,165,000us-gaap_IncreaseDecreaseInDeferredRevenue
/ us-gaap_ProductOrServiceAxis
= crmt_PaymentProtectionPlanMember
Service Contract [Member]      
Change in operating assets and liabilities:      
Increase (Decrease) in Deferred Revenue $ 5,350,000us-gaap_IncreaseDecreaseInDeferredRevenue
/ us-gaap_ProductOrServiceAxis
= crmt_ServiceContractMember		 $ 770,000us-gaap_IncreaseDecreaseInDeferredRevenue
/ us-gaap_ProductOrServiceAxis
= crmt_ServiceContractMember		 $ 428,000us-gaap_IncreaseDecreaseInDeferredRevenue
/ us-gaap_ProductOrServiceAxis
= crmt_ServiceContractMember