XML 29 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note C - Finance Receivables, Net (Tables)
3 Months Ended
Jul. 31, 2017
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
(In thousands)   July 31, 2017   April 30, 2017
         
Gross contract amount   $
565,630
    $
545,916
 
Less unearned finance charges    
(81,911
)    
(79,062
)
Principal balance    
483,719
     
466,854
 
Less allowance for credit losses    
(113,733
)    
(109,693
)
                 
Finance receivables, net   $
369,986
    $
357,161
 
Change In Finance Receivables Net [Table Text Block]
    Three Months Ended
July 31,
(In thousands)   2017   2016
         
Balance at beginning of period   $
357,161
    $
334,793
 
Finance receivable originations    
118,953
     
120,848
 
Finance receivable collections    
(58,934
)    
(58,036
)
Provision for credit losses    
(34,160
)    
(33,381
)
Losses on claims for payment protection plan    
(3,938
)    
(3,107
)
Inventory acquired in repossession and payment protection plan claims    
(9,096
)    
(8,569
)
                 
Balance at end of period   $
369,986
    $
352,548
 
Allowance for Credit Losses on Financing Receivables [Table Text Block]
    Three Months Ended
July 31,
(In thousands)   2017   2016
     
Balance at beginning of period   $
109,693
    $
102,485
 
Provision for credit losses    
34,160
     
33,381
 
Charge-offs, net of recovered collateral    
(30,120
)    
(27,844
)
                 
Balance at end of period   $
113,733
    $
108,022
 
Past Due Financing Receivables [Table Text Block]
(Dollars in thousands)   July 31, 2017   April 30, 2017   July 31, 2016
                         
    Principal
Balance
  Percent of 
Portfolio
  Principal
Balance
  Percent of 
Portfolio
  Principal
Balance
  Percent of 
Portfolio
Current   $
390,879
     
80.81
%   $
397,341
     
85.12
%   $
381,685
     
82.88
%
 3 - 29 days past due    
70,406
     
14.55
%    
52,869
     
11.32
%    
58,740
     
12.75
%
30 - 60 days past due    
17,328
     
3.58
%    
11,658
     
2.50
%    
14,749
     
3.20
%
61 - 90 days past due    
3,078
     
0.64
%    
3,516
     
0.75
%    
3,728
     
0.81
%
> 90 days past due    
2,028
     
0.42
%    
1,470
     
0.31
%    
1,668
     
0.36
%
Total   $
483,719
     
100.00
%   $
466,854
     
100.00
%   $
460,570
     
100.00
%
Financing Receivable Credit Quality Indicators [Table Text Block]
    Three Months Ended
July 31,
    2017   2016
         
Principal collected as a percent of average finance receivables    
12.4
%    
13.0
%
Average down-payment percentage    
6.2
%    
6.0
%
Average originating contract term
(in months
)
   
29.8
     
29.3
 
Financing Receivable Contract Terms [Table Text Block]
    July 31, 2017   July 31, 2016
Portfolio weighted average contract term, including modifications
(in months
)
   
32.6
     
31.7