XML 18 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities    
Net income (loss) $ (1,741) $ 6,479
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 356 413
Gain on sale of property and equipment (22) (13)
Provision for credit losses 28,887 23,966
Amortization of dealer discounts (8,670) (9,830)
Amortization of commission for products (1,226) (1,342)
Deferred income taxes 2,049 (626)
Share-based compensation 240 474
Change in fair value of interest rate swap agreements 17 (184)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 156 345
Accounts payable and accrued expenses (938) 1,552
Income taxes receivable 99 1,198
Deferred revenues (656) 86
Net cash provided by operating activities 18,551 22,518
Cash flows from investing activities    
Purchase and origination of finance receivables (74,760) (118,276)
Principal payments received 91,616 95,562
Increase in assets held for resale (522) (828)
Purchase of property and equipment (143) (728)
Proceeds from sale of property and equipment 23 38
Net cash provided by (used in) investing activities 16,214 (24,232)
Cash flows from financing activities    
(Decrease) Increase on line of credit (35,000) 3,340
Change in drafts payable 335 188
Payment of loan origination fees (211)  
Proceeds from exercise of stock options 338 1
Net cash (used in) provided by financing activities (34,538) 3,529
Net increase in cash 227 1,815
Cash, beginning of period 2,855 1,849
Cash, end of period $ 3,082 3,664
Supplemental Disclosure of noncash investing and financing activities:    
Tax deficiency from share awards   $ (9)