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Note C - Finance Receivables, Net (Tables)

3 Months Ended

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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