XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Assets    
Cash $ 18,401 $ 22,022
Restricted cash 5,072 10,955
Finance receivables, net 168,128 170,318
Repossessed assets 805 685
Operating lease right-of-use assets 3,430 3,392
Prepaid expenses and other assets 1,246 1,271
Income taxes receivable 418 653
Property and equipment, net 1,189 859
Deferred income taxes 1,919 2,283
Total assets 200,608 212,438
Liabilities and shareholders’ equity    
Credit facility, net of debt issuance costs 72,871 86,154
Note payable 3,244 3,244
Net long-term debt 76,115 89,398
Operating lease liabilities 3,410 3,367
Accounts payable and accrued expenses 4,751 4,451
Total liabilities 84,276 97,216
Shareholders’ equity    
Preferred stock, no par: 5,000 shares authorized; none issued
Common stock, no par: 50,000 shares authorized; 12,655 and 12,653 shares issued, respectively; and 7,650 and 7,708 shares outstanding, respectively 35,110 35,064
Treasury stock: 5,005 and 4,945 common shares, at cost, respectively (73,008) (72,343)
Retained earnings 154,230 152,501
Total shareholders’ equity 116,332 115,222
Total liabilities and shareholders’ equity 200,608 212,438
Variable Interest Entity    
Assets    
Restricted cash 5,072 10,955
Finance receivables, net 149,713 150,706
Repossessed assets 715 631
Total assets 155,500 162,292
Liabilities and shareholders’ equity    
Credit facility, net of debt issuance costs 72,871 86,154
Accounts payable and accrued expenses 336 405
Total liabilities $ 73,207 $ 86,559