Finance Assets and Lessor Operating Leases (Tables)

3 Months Ended

Mar. 31, 2023

Receivables [Abstract]

Schedule of Financing Receivables

Finance receivables consisted of the following:

	March 31, 2023						December 31, 2022
	North America		International		Total		North America		International		Total
Sales-type lease receivables
Gross finance receivables	$	971,663	$	149,227	$	1,120,890	$	967,298	$	158,167	$	1,125,465
Unguaranteed residual values	38,688		8,628		47,316		38,832		8,798		47,630
Unearned income	(242,564)		(47,243)		(289,807)		(239,238)		(48,334)		(287,572)
Allowance for credit losses	(13,458)		(2,873)		(16,331)		(14,131)		(2,893)		(17,024)
Net investment in sales-type lease receivables	754,329		107,739		862,068		752,761		115,738		868,499
Loan receivables
Loan receivables	313,945		17,426		331,371		311,887		16,636		328,523
Allowance for credit losses	(5,423)		(150)		(5,573)		(4,787)		(139)		(4,926)
Net investment in loan receivables	308,522		17,276		325,798		307,100		16,497		323,597
Net investment in finance receivables	$	1,062,851	$	125,015	$	1,187,866	$	1,059,861	$	132,235	$	1,192,096

Schedule of Sales-type Lease Maturity

Maturities of gross finance receivables at March 31, 2023 were as follows:

	Sales-type Lease Receivables						Loan Receivables
	North America		International		Total		North America		International		Total
Remainder 2023	$	279,986	$	52,333	$	332,319	$	229,683	$	17,426	$	247,109
2024	299,265		44,812		344,077		31,141		—		31,141
2025	207,186		28,061		235,247		24,666		—		24,666
2026	126,392		16,005		142,397		15,966		—		15,966
2027	55,014		6,320		61,334		10,122		—		10,122
Thereafter	3,820		1,696		5,516		2,367		—		2,367
Total	$	971,663	$	149,227	$	1,120,890	$	313,945	$	17,426	$	331,371

Schedule of Loan Receivable Maturity

Maturities of gross finance receivables at March 31, 2023 were as follows:

	Sales-type Lease Receivables						Loan Receivables
	North America		International		Total		North America		International		Total
Remainder 2023	$	279,986	$	52,333	$	332,319	$	229,683	$	17,426	$	247,109
2024	299,265		44,812		344,077		31,141		—		31,141
2025	207,186		28,061		235,247		24,666		—		24,666
2026	126,392		16,005		142,397		15,966		—		15,966
2027	55,014		6,320		61,334		10,122		—		10,122
Thereafter	3,820		1,696		5,516		2,367		—		2,367
Total	$	971,663	$	149,227	$	1,120,890	$	313,945	$	17,426	$	331,371

Schedule of Past Due Financing Receivables

The aging of gross finance receivables was as follows:

	March 31, 2023
	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Past due amounts 0 - 90 days	$	963,890	$	146,958	$	310,819	$	17,321	$	1,438,988
Past due amounts > 90 days	7,773		2,269		3,126		105		13,273
Total	$	971,663	$	149,227	$	313,945	$	17,426	$	1,452,261

	December 31, 2022
	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Past due amounts 0 - 90 days	$	959,203	$	155,596	$	308,872	$	16,503	$	1,440,174
Past due amounts > 90 days	8,095		2,571		3,015		133		13,814
Total	$	967,298	$	158,167	$	311,887	$	16,636	$	1,453,988

Schedule of Allowance for Credit Losses and Write-offs on Financing Receivables

Activity in the allowance for credit losses for finance receivables was as follows:

	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Balance at January 1, 2023	$	14,131	$	2,893	$	4,787	$	139	$	21,950
Amounts charged to expense	395		238		1,097		55		1,785
Write-offs	(1,683)		(267)		(1,109)		(46)		(3,105)
Recoveries	614		111		648		—		1,373
Other	1		(102)		—		2		(99)
Balance at March 31, 2023	$	13,458	$	2,873	$	5,423	$	150	$	21,904
	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Balance at January 1, 2022	$	19,546	$	3,246	$	3,259	$	167	$	26,218
Amounts charged to expense	297		47		616		143		1,103
Write-offs	(1,640)		(360)		(1,341)		(117)		(3,458)
Recoveries	744		—		761		—		1,505
Other	13		(143)		2		(9)		(137)
Balance at March 31, 2022	$	18,960	$	2,790	$	3,297	$	184	$	25,231

The table below shows write-offs of gross finance receivables by year of origination.

	March 31, 2023
	Sales Type Lease Receivables										Loan Receivables		Total
	2022		2021		2020		2019		Prior
Write-offs	$	455	$	675	$	412	$	250	$	158	$	1,155	$	3,105

Schedule of Financing Receivable Credit Quality Indicators

The table below shows gross finance receivables by relative risk class and year of origination based on the relative scores of the accounts within each class.

	March 31, 2023
	Sales Type Lease Receivables												Loan Receivables		Total
	2023		2022		2021		2020		2019		Prior
Low	$	77,542	$	266,461	$	193,093	$	127,566	$	81,723	$	32,032	$	243,405	$	1,021,822
Medium	15,687		49,635		36,497		27,075		18,527		8,744		55,282		211,447
High	1,251		5,104		3,358		2,806		1,326		996		6,080		20,921
Not Scored	40,595		58,689		38,828		19,716		10,064		3,575		26,604		198,071
Total	$	135,075	$	379,889	$	271,776	$	177,163	$	111,640	$	45,347	$	331,371	$	1,452,261
	December 31, 2022
	Sales Type Lease Receivables												Loan Receivables		Total
	2022		2021		2020		2019		2018		Prior
Low	$	286,297	$	206,511	$	140,800	$	95,485	$	34,721	$	12,674	$	239,635	$	1,016,123
Medium	53,419		40,669		27,013		19,668		6,751		3,441		56,048		207,009
High	6,492		3,840		3,119		1,942		750		508		6,800		23,451
Not Scored	71,435		53,831		29,957		19,232		5,889		1,021		26,040		207,405
Total	$	417,643	$	304,851	$	200,889	$	136,327	$	48,111	$	17,644	$	328,523	$	1,453,988

Schedule of Sales-type Lease, Lease Income

Lease income from sales-type leases, excluding variable lease payments, was as follows:

	Three Months Ended March 31,
	2023		2022
Profit recognized at commencement	$	31,822	$	35,040
Interest income	38,931		42,283
Total lease income from sales-type leases	$	70,753	$	77,323

Schedule of Lessor, Payments to be Received

Maturities of these operating leases are as follows:

Remainder 2023	$	15,217
2024	17,812
2025	19,591
2026	5,808
2027	2,205
Thereafter	434
Total	$	61,067