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Asset-Backed Financing (Tables)
 9 Months Ended
Sep. 30, 2018
Transfers and Servicing [Abstract]  
Assets and Liabilities Related to the On-Balance Sheet Financing
The following tables show the assets and liabilities related to the on-balance sheet asset-backed financings included in the financial statements (in thousands):
 
September 30, 2018
 
Finance receivables
 
Allowance for credit losses
 
Restricted cash
 
Other assets
 
Total assets
 
Asset-backed debt
On-balance sheet assets and liabilities
 
 
 
 
 
 
 
 
 
 
 
Consolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securitizations
$
190,461

 
$
(5,634
)
 
$
18,508

 
$
437

 
$
203,772

 
$
128,474

Asset-backed U.S. commercial paper conduit facilities
282,986

 
(8,393
)
 
15,218

 
971

 
290,782

 
265,044

Unconsolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed Canadian commercial paper conduit facility
173,395

 
(3,115
)
 
9,293

 
324

 
179,897

 
149,418

Total on-balance sheet assets and liabilities
$
646,842

 
$
(17,142
)
 
$
43,019

 
$
1,732

 
$
674,451

 
$
542,936

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
Finance receivables
 
Allowance for credit losses
 
Restricted cash
 
Other assets
 
Total assets
 
Asset-backed debt
On-balance sheet assets and liabilities
 
 
 
 
 
 
 
 
 
 
 
Consolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securitizations
$
439,301

 
$
(13,686
)
 
$
34,919

 
$
1,260

 
$
461,794

 
$
352,624

Asset-backed U.S. commercial paper conduit facilities
300,530

 
(9,392
)
 
13,787

 
888

 
305,813

 
279,457

Unconsolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed Canadian commercial paper conduit facility
203,691

 
(3,746
)
 
9,983

 
470

 
210,398

 
174,779

Total on-balance sheet assets and liabilities
$
943,522

 
$
(26,824
)
 
$
58,689

 
$
2,618

 
$
978,005

 
$
806,860

 
 
 
 
 
 
 
 
 
 
 
 
 
September 24, 2017
 
Finance receivables
 
Allowance for credit losses
 
Restricted cash
 
Other assets
 
Total assets
 
Asset-backed debt
On-balance sheet assets and liabilities
 
 
 
 
 
 
 
 
 
 
 
Consolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securitizations
$
511,643

 
$
(15,798
)
 
$
40,385

 
$
1,513

 
$
537,743

 
$
429,833

Asset-backed U.S. commercial paper conduit facilities
298,197

 
(9,233
)
 
14,922

 
927

 
304,813

 
280,308

Unconsolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed Canadian commercial paper conduit facility
139,413

 
(2,560
)
 
8,073

 
350

 
145,276

 
122,130

Total on-balance sheet assets and liabilities
$
949,253

 
$
(27,591
)
 
$
63,380

 
$
2,790

 
$
987,832

 
$
832,271
Transfers of US Retail Motorcycle Finance Receivable
The following table includes quarterly transfers of U.S. retail motorcycle finance receivables to the U.S. Conduit and the respective proceeds (in thousands):
 
2018
 
2017
 
Transfers
 
Proceeds
 
Transfers
 
Proceeds
First quarter
$
32,900

 
$
29,300

 
$
333,400

 
$
300,000

Second quarter
59,100

 
53,300

 
28,200

 
24,000

Third quarter
—

 
—

 
34,100

 
29,600

 
$
92,000

 
$
82,600

 
$
395,700

 
$
353,600
Transfers of Canadian Retail Motorcycle Finance Receivable
The following table includes quarterly transfers of Canadian retail motorcycle finance receivables to the Canadian Conduit and the respective proceeds (in thousands):
 
2018
 
2017
 
Transfers
 
Proceeds
 
Transfers
 
Proceeds
First quarter
$
7,600

 
$
6,200

 
$
6,300

 
$
5,500

Second quarter
38,900

 
32,200

 
14,200

 
12,400

Third quarter
—

 
—

 
—

 
—

 
$
46,500

 
$
38,400

 
$
20,500

 
$
17,900
Schedule of Servicing Activities
The unpaid principal balance of retail motorcycle finance receivables serviced by the Company was as follows (in thousands):
 
September 30,
2018
 
December 31,
2017
 
September 24,
2017
On-balance sheet retail motorcycle finance receivables
$
6,360,907

 
$
5,993,185

 
$
6,185,144

Off-balance sheet retail motorcycle finance receivables
93,147

 
146,425

 
165,169

Total serviced retail motorcycle finance receivables
$
6,454,054

 
$
6,139,610

 
$
6,350,313

The unpaid principal balance of retail motorcycle finance receivables serviced by the Company 30 days or more delinquent was as follows (in thousands):
 
Amount 30 days or more past due:
 
September 30,
2018
 
December 31,
2017
 
September 24,
2017
On-balance sheet retail motorcycle finance receivables
$
204,574

 
$
227,127

 
$
203,450

Off-balance sheet retail motorcycle finance receivables
1,767

 
2,106

 
1,720

Total serviced retail motorcycle finance receivables
$
206,341

 
$
229,233

 
$
205,170

Credit losses, net of recoveries for the retail motorcycle finance receivables serviced by the Company were as follows (in thousands):
 
Three months ended
 
Nine months ended
 
September 30,
2018
 
September 24,
2017
 
September 30,
2018
 
September 24,
2017
On-balance sheet retail motorcycle finance receivables
$
24,005

 
$
27,199

 
$
71,478

 
$
76,820

Off-balance sheet retail motorcycle finance receivables
230

 
299

 
729

 
865

Total serviced retail motorcycle finance receivables
$
24,235

 
$
27,498

 
$
72,207

 
$
77,685