Financial Statement Effects of the Merger (Tables)

12 Months Ended

Dec. 31, 2012

Financial Effects of the Merger [Line Items]

Financial Effects of the Merger [Table Text Block]

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed on October 1, 2010 (in thousands):

Assets:	September 30, 2010			Adjustments			October 1, 2010
Cash and cash equivalents	$	537,529					$	537,529
Restricted cash – securitization notes payable	975,942						975,942
Restricted cash – credit facilities	134,468						134,468
Finance receivables	8,675,575			$	(444,832	)	8,230,743
Allowance for loan losses	(528,489		)	528,489
Finance receivables, net	8,147,086			83,657			8,230,743
Property and equipment	36,592			10,282			46,874
Leased vehicles, net	54,730			(1,223		)	53,507
Deferred income taxes	77,999			101,102			179,101
Other assets	143,064			(25,917		)	117,147
Goodwill				1,094,923			1,094,923
Total assets	$	10,107,410		$	1,262,824		$	11,370,234
Liabilities:
Credit facilities	$	617,415		$	3,684		$	621,099
Senior notes	70,620			1,810			72,430
Convertible senior notes	419,693			42,015			461,708
Securitization notes payable	6,273,224			135,404			6,408,628
Other liabilities	275,837			76,615			352,452
Total liabilities	7,656,789			259,528			7,916,317
Shareholder's equity:
Common Stock	1,378			(1,378		)
Additional paid-in capital	321,576			(321,576		)
Accumulated other comprehensive income	17,153			(17,153		)
Retained earnings	2,150,480			(2,150,480		)
	2,490,587			(2,490,587		)
Treasury stock	(39,966		)	39,966
Total shareholder's equity	2,450,621			(2,450,621		)
Total liabilities and shareholder's equity	$	10,107,410		$	(2,191,093	)	$	7,916,317
Purchase price							$	3,453,917