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Note C - Finance Receivables, Net (Tables) | 3 Months Ended
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Jul. 31, 2021
Notes Tables |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] |
(In thousands) |  | July 31, 2021 |  |  | April 30, 2021 |
Gross contract amount |  | $ | 1,087,648 |  |  | $ | 980,757 |
Less unearned finance charges |  |  | (197,181 | ) |  |  | (171,220 | )
Principal balance |  |  | 890,467 |  |  |  | 809,537 |
Less allowance for credit losses |  |  | (201,874 | ) |  |  | (184,418 | )
Finance receivables, net |  | $ | 688,593 |  |  | $ | 625,119 |
Change In Finance Receivables Net [Table Text Block] |
|  | Three Months Ended July 31, |
(In thousands) |  | 2021 |  |  | 2020 |
Balance at beginning of period |  | $ | 625,119 |  |  | $ | 466,141 |
Finance receivable originations |  |  | 234,893 |  |  |  | 148,879 |
Finance receivable collections |  |  | (97,342 | ) |  |  | (82,134 | )
Provision for credit losses |  |  | (54,108 | ) |  |  | (36,084 | )
Losses on claims for accident protection plan |  |  | (4,518 | ) |  |  | (3,939 | )
Inventory acquired in repossession and accident protection plan claims |  |  | (15,451 | ) |  |  | (10,335 | )
Balance at end of period |  | $ | 688,593 |  |  | $ | 482,528 |
Financing Receivable, Allowance for Credit Loss [Table Text Block] |
|  | Three Months Ended July 31, |
(In thousands) |  | 2021 |  |  | 2020 |
Balance at beginning of period |  | $ | 184,418 |  |  | $ | 155,041 |
Provision for credit losses |  |  | 54,108 |  |  |  | 36,084 |
Charge-offs, net of recovered collateral |  |  | (36,652 | ) |  |  | (30,318 | )
Balance at end of period |  | $ | 201,874 |  |  | $ | 160,807 |
Financing Receivable, Past Due [Table Text Block] |
(Dollars in thousands) |  | July 31, 2021 |  |  | April 30, 2021 |  |  | July 31, 2020 |
|  | Principal |  |  | Percent of |  |  | Principal |  |  | Percent of |  |  | Principal |  |  | Percent of |
|  | Balance |  |  | Portfolio |  |  | Balance |  |  | Portfolio |  |  | Balance |  |  | Portfolio |
Current |  | $ | 767,375 |  |  |  | 86.18 | % |  | $ | 717,520 |  |  |  | 88.64 | % |  | $ | 559,168 |  |  |  | 86.92 | %
3 - 29 days past due |  |  | 93,712 |  |  |  | 10.53 | % |  |  | 71,269 |  |  |  | 8.80 | % |  |  | 67,361 |  |  |  | 10.47 | %
30 - 60 days past due |  |  | 19,328 |  |  |  | 2.17 | % |  |  | 13,058 |  |  |  | 1.61 | % |  |  | 11,526 |  |  |  | 1.79 | %
61 - 90 days past due |  |  | 6,096 |  |  |  | 0.68 | % |  |  | 5,551 |  |  |  | 0.69 | % |  |  | 3,028 |  |  |  | 0.47 | %
> 90 days past due |  |  | 3,956 |  |  |  | 0.44 | % |  |  | 2,139 |  |  |  | 0.26 | % |  |  | 2,252 |  |  |  | 0.35 | %
Total |  | $ | 890,467 |  |  |  | 100.00 | % |  | $ | 809,537 |  |  |  | 100.00 | % |  | $ | 643,335 |  |  |  | 100.00 | %
Financing Receivable Credit Quality Indicators [Table Text Block] |
|  | Three Months Ended July 31, |
|  | 2021 |  |  | 2020 |
Principal collected as a percent of average finance receivables |  |  | 11.5 | % |  |  | 13.0 | %
Average down-payment percentage |  |  | 6.9 | % |  |  | 7.6 | %
Average originating contract term (in months) |  |  | 38.8 |  |  |  | 32.4 |
|  | July 31, 2021 |  |  | July 31, 2020 |
Portfolio weighted average contract term, including modifications (in months) |  |  | 38.7 |  |  |  | 33.9 |
Schedule of Financing Receivable by Fiscal Year of Origination [Table Text Block] |
(Dollars in thousands) |  |  | Fiscal Year of Origination |  |  | Prior to |  |  |  |  |  |  |  |  |
Customer Rating |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | 2019 |  |  | 2018 |  |  | 2018 |  |  | Total |  |  | % |
1-2 |  |  | $ | 13,031 |  |  | $ | 27,001 |  |  | $ | 8,695 |  |  | $ | 697 |  |  | $ | 35 |  |  | $ | - |  |  | $ | 49,459 |  |  |  | 5.6 | %
3-4 |  |  | $ | 79,135 |  |  | $ | 176,149 |  |  | $ | 48,573 |  |  | $ | 4,551 |  |  | $ | 201 |  |  | $ | 23 |  |  | $ | 308,632 |  |  |  | 34.7 | %
5-6 |  |  | $ | 137,320 |  |  | $ | 299,843 |  |  | $ | 83,001 |  |  | $ | 11,155 |  |  | $ | 977 |  |  | $ | 80 |  |  | $ | 532,376 |  |  |  | 59.7 | %
Total |  |  | $ | 229,486 |  |  | $ | 502,993 |  |  | $ | 140,269 |  |  | $ | 16,403 |  |  | $ | 1,213 |  |  | $ | 103 |  |  | $ | 890,467 |  |  |  | 100.0 | %

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