XML 29 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note C - Finance Receivables, Net (Tables)
 9 Months Ended
Jan. 31, 2018
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
(In thousands)   January 31, 2018   April 30, 2017
         
Gross contract amount   $
575,536
     $
545,916
  
Less unearned finance charges    
(77,884
 )    
(79,062
 )
Principal balance    
497,652
      
466,854
  
Less allowance for credit losses    
(117,268
 )    
(109,693
 )
                 
Finance receivables, net   $
380,384
     $
357,161
  
Change In Finance Receivables Net [Table Text Block]
    Nine Months Ended
January 31,
(In thousands)   2018   2017
Balance at beginning of period   $
357,161
     $
334,793
  
Finance receivable originations    
356,489
      
356,776
  
Finance receivable collections    
(180,137
 )    
(175,696
 )
Provision for credit losses    
(110,778
 )    
(110,467
 )
Losses on claims for payment protection plan    
(12,039
 )    
(11,260
 )
Inventory acquired in repossession and payment protection plan claims    
(30,312
 )    
(30,610
 )
                 
Balance at end of period   $
380,384
     $
363,536
  
Allowance for Credit Losses on Financing Receivables [Table Text Block]
    Nine Months Ended
January 31,
(In thousands)   2018   2017
Balance at beginning of period   $
109,693
     $
102,485
  
Provision for credit losses    
110,778
      
110,467
  
Charge-offs, net of recovered collateral    
(103,203
 )    
(101,134
 )
                 
Balance at end of period   $
117,268
     $
111,818
  
Past Due Financing Receivables [Table Text Block]
(Dollars in thousands)   January 31, 2018   April 30, 2017   January 31, 2017
                         
    Principal
Balance		   Percent of
Portfolio		   Principal
Balance		   Percent of
Portfolio		   Principal
Balance		   Percent of
Portfolio
Current   $
394,614
      
79.30
 %   $
397,341
      
85.12
 %   $
371,078
      
78.06
 %
 3 - 29 days past due    
82,679
      
16.61
 %    
52,869
      
11.32
 %    
81,887
      
17.23
 %
30 - 60 days past due    
14,918
      
3.00
 %    
11,658
      
2.50
 %    
15,957
      
3.36
 %
61 - 90 days past due    
3,792
      
0.76
 %    
3,516
      
0.75
 %    
4,395
      
0.92
 %
> 90 days past due    
1,649
      
0.33
 %    
1,470
      
0.31
 %    
2,037
      
0.43
 %
Total   $
497,652
      
100.00
 %   $
466,854
      
100.00
 %   $
475,354
      
100.00
 %
Financing Receivable Credit Quality Indicators [Table Text Block]
    Nine Months Ended
January 31,
    2018   2017
Principal collected as a percent of average finance receivables    
37.2
 %    
37.9
 %
Average down-payment percentage    
5.8
 %    
5.3
 %
Average originating contract term
(in months
)
    
29.6
      
29.3
  
Financing Receivable Contract Terms [Table Text Block]
    January 31, 2018   January 31, 2017
Portfolio weighted average contract term, including modifications
(in months
)
    
32.4
      
31.9