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Note C - Finance Receivables, Net (Tables)

9 Months Ended

Jan. 31, 2024

Notes Tables

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

(In thousands)		January 31, 2024				April 30, 2023
Gross contract amount		$	1,821,447			$	1,752,149
Less: unearned finance charges			(392,539	)			(378,777	)
Principal balance			1,428,908				1,373,372
Less: estimated insurance receivables for APP claims			(4,303	)			(5,694	)
Less: allowance for APP claims			(4,507	)			(5,310	)
Less: allowance for credit losses			(334,987	)			(299,608	)
Finance receivables, net			1,085,111				1,062,760
Loan origination costs			661				700
Finance receivables, net, including loan origination costs			1,085,772				1,063,460

Change In Finance Receivables Net [Table Text Block]

		Nine Months Ended January 31,
(In thousands)		2024				2023
Balance at beginning of period		$	1,062,760			$	855,424
Finance receivable originations			794,477				841,445
Finance receivable collections			(324,703	)			(308,671	)
Provision for credit losses			(321,300	)			(250,719	)
Losses on claims for accident protection plan			(24,480	)			(17,717	)
Inventory acquired in repossession and accident protection plan claims			(101,643	)			(107,882	)
Balance at end of period		$	1,085,111			$	1,011,880

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

		Nine Months Ended January 31,
(In thousands)		2024				2023
Balance at beginning of period		$	299,608			$	237,823
Provision for credit losses			321,300				250,719
Charge-offs			(386,349	)			(296,154	)
Recovered collateral			100,428				90,387
Balance at end of period		$	334,987			$	282,775

Financing Receivable, Past Due [Table Text Block]

(Dollars in thousands)		January 31, 2024								April 30, 2023								January 31, 2023
		Principal				Percent of				Principal				Percent of				Principal				Percent of
		Balance				Portfolio				Balance				Portfolio				Balance				Portfolio
Current		$	1,119,120				78.32	%		$	1,166,860				84.96	%		$	1,011,877				77.48	%
3 - 29 days past due			262,200				18.35	%			156,943				11.43	%			245,939				18.83	%
30 - 60 days past due			34,266				2.40	%			37,214				2.71	%			36,447				2.79	%
61 - 90 days past due			7,258				0.51	%			8,407				0.61	%			7,700				0.59	%
> 90 days past due			6,064				0.42	%			3,948				0.29	%			3,993				0.31	%
Total		$	1,428,908				100.00	%		$	1,373,372				100.00	%		$	1,305,956				100.00	%

Financing Receivable Credit Quality Indicators [Table Text Block]

		Nine Months Ended January 31,
		2024				2023
Average total collected per active customer per month		$	536			$	516
Principal collected as a percent of average finance receivables			22.7	%			25.4	%
Average down-payment percentage			5.0	%			5.4	%
Average originating contract term (in months)			44.0				42.5

		As of
		January 31, 2024				January 31, 2023
Portfolio weighted average contract term, including modifications (in months)			47.6				45.4

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

(Dollars in thousands)			Fiscal Year of Origination																				Prior to
Customer Rating			2024				2023				2022				2021				2020				2020				Total				%
1-2			$	32,854			$	18,416			$	5,298			$	661			$	124			$	13			$	57,366				4.0	%
3-4			$	236,351			$	153,436			$	50,070			$	7,414			$	450			$	178			$	447,899				31.4	%
5-6			$	394,600			$	352,267			$	147,133			$	27,316			$	1,797			$	530			$	923,643				64.6	%
Total			$	663,805			$	524,119			$	202,501			$	35,391			$	2,371			$	721			$	1,428,908				100.0	%
Gross charge-offs			$	87,675			$	211,642			$	72,511			$	13,111			$	957			$	453			$	386,349

(Dollars in thousands)			Fiscal Year of Origination																				Prior to
Customer Rating			2023				2022				2021				2020				2019				2019				Total				%
1-2			$	31,580			$	17,295			$	4,212			$	545			$	35			$	12			$	53,679				4.1	%
3-4			$	232,273			$	135,531			$	36,562			$	2,974			$	332			$	192			$	407,864				31.2	%
5-6			$	437,566			$	307,513			$	89,582			$	8,389			$	910			$	453			$	844,413				64.7	%
Total			$	701,419			$	460,339			$	130,356			$	11,908			$	1,277			$	657			$	1,305,956				100.0	%

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