XML 29 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1

2. Finance Receivables (Tables)

3 Months Ended

Mar. 31, 2018

Finance Receivables

Schedule of financial receivables

The following table presents the components of Finance Receivables, net of unearned interest:

		March 31,				December 31,
		2018				2017
		(In thousands)
Finance receivables
Automobile finance receivables, net of unearned interest		$	2,086,227			$	2,298,608
Unearned acquisition fees and originations costs			5,648				6,376
Finance receivables		$	2,091,875			$	2,304,984

Schedule of delinquency status of finance receivables

The following table summarizes the delinquency status of finance receivables as of March 31, 2018 and December 31, 2017:

		March 31,				December 31,
		2018				2017
		(In thousands)
Delinquency Status
Current		$	1,919,642			$	2,069,617
31 - 60 days			104,314				138,395
61 - 90 days			43,330				63,081
91 + days.			18,941				27,515
		$	2,086,227			$	2,298,608

Schedule of allowance for credit losses

The following table presents a summary of the activity for the allowance for finance credit losses for the three-month periods ended March 31, 2018 and 2017:

		Three Months Ended
		March 31,
		2018				2017
		(In thousands)
Balance at beginning of period		$	109,187			$	95,578
Provision for credit losses on finance receivables.			40,507				47,167
Charge-offs			(56,102	)			(50,299	)
Recoveries			7,252				6,809
Balance at end of period		$	100,844			$	99,255

Schedule of allowance for losses on repossessed inventory

The following table presents a summary of such repossessed inventory together with the allowance for losses in repossessed inventory that is not included in the allowance for finance credit losses:

		March 31,				December 31,
		2018				2017
		(In thousands)
Gross balance of repossessions in inventory		$	37,190			$	33,679
Allowance for losses on repossessed inventory			(25,771	)			(24,024	)
Net repossessed inventory included in other assets		$	11,419			$	9,655

X

- Definition

Allowance for losses on repossessed inventory [Table Text Block]

+ References

No definition available.

+ Details

Name:	cpss_AllowanceForLossesOnRepossessedInventoryTableTextBlock
Namespace Prefix:	cpss_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	cpss_FinanceReceivablesAbstract
Namespace Prefix:	cpss_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the annual minimum payments due from financing receivables, such as, but not limited to accounts, notes, loans, and other financing receivables.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesMinimumPaymentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration