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Note C - Finance Receivables, Net (Tables)

9 Months Ended

Jan. 31, 2022

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(In thousands)		January 31, 2022				April 30, 2021
Gross contract amount		$	1,268,390			$	980,757
Less unearned finance charges			(239,187	)			(171,220	)
Principal balance			1,029,203				809,537
Less allowance for credit losses			(231,966	)			(184,418	)
Finance receivables, net		$	797,237			$	625,119

Change In Finance Receivables Net [Table Text Block]

		Nine Months Ended January 31,
(In thousands)		2022				2021
Balance at beginning of period		$	625,119			$	466,141
Finance receivable originations			718,275				524,820
Finance receivable collections			(293,458	)			(254,845	)
Provision for credit losses			(181,796	)			(127,585	)
Losses on claims for accident protection plan			(14,748	)			(13,898	)
Inventory acquired in repossession and accident protection plan claims			(56,155	)			(35,692	)
Balance at end of period		$	797,237			$	558,941

Financing Receivable, Allowance for Credit Loss [Table Text Block]

		Nine Months Ended January 31,
(In thousands)		2022				2021
Balance at beginning of period		$	184,418			$	155,041
Provision for credit losses			181,796				127,585
Charge-offs, net of recovered collateral			(134,248	)			(97,046	)
Balance at end of period		$	231,966			$	185,580

Financing Receivable, Past Due [Table Text Block]

(Dollars in thousands)		January 31, 2022								April 30, 2021								January 31, 2021
		Principal				Percent of				Principal				Percent of				Principal				Percent of
		Balance				Portfolio				Balance				Portfolio				Balance				Portfolio
Current		$	841,635				81.78	%		$	717,520				88.64	%		$	655,445				88.04	%
3 - 29 days past due			146,609				14.24	%			71,269				8.80	%			68,414				9.19	%
30 - 60 days past due			29,062				2.82	%			13,058				1.61	%			14,147				1.90	%
61 - 90 days past due			6,682				0.65	%			5,551				0.69	%			4,163				0.56	%
> 90 days past due			5,215				0.51	%			2,139				0.26	%			2,352				0.32	%
Total		$	1,029,203				100.00	%		$	809,537				100.00	%		$	744,521				100.00	%

Financing Receivable Credit Quality Indicators [Table Text Block]

		Nine Months Ended January 31,
		2022				2021
Average total collected per active customer per month		$	487			$	449
Principal collected as a percent of average finance receivables			31.7	%			38.0	%
Average down-payment percentage			6.1	%			6.4	%
Average originating contract term (in months)			39.6				33.7

		January 31, 2022				January 31, 2021
Portfolio weighted average contract term, including modifications (in months)			41.2				35.7

Schedule of Financing Receivable by Fiscal Year of Origination [Table Text Block]

			As of January 31, 2022
(Dollars in thousands)			Fiscal Year of Origination																				Prior to
Customer Rating			2022				2021				2020				2019				2018				2018				Total				%
1-2			$	31,704			$	16,129			$	3,921			$	170			$	3			$	-			$	51,927				5.0	%
3-4			$	207,084			$	112,330			$	23,042			$	1,205			$	36			$	17			$	343,714				33.4	%
5-6			$	372,508			$	214,120			$	43,186			$	3,498			$	230			$	20			$	633,562				61.6	%
Total			$	611,296			$	342,579			$	70,149			$	4,873			$	269			$	37			$	1,029,203				100.0	%

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