Segment Information (Tables)

9 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information for our reportable operating segments is summarized as follows:

	Three Months Ended December 31, 2018
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	2,968	$	-	$	-		$	2,968
Depreciation on operating leases		1,717		-		-			1,717
Interest expense		705		-		(6	)		699
Net financing revenues		546		-		6			552
Insurance earned premiums and contract revenues		-		226		-			226
Investment and other income, net		43		31		(6	)		68
Net financing and other revenues		589		257		-			846
Expenses:
Provision for credit losses		110		-		-			110
Operating and administrative expenses		259		88		-			347
Insurance losses and loss adjustment expenses		-		106		-			106
Total expenses		369		194		-			563
Income before income taxes		220		63		-			283
Provision for income taxes		54		15		-			69
Net income	$	166	$	48	$	-		$	214
	Nine Months Ended December 31, 2018
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	8,694	$	-	$	-		$	8,694
Depreciation on operating leases		5,145		-		-			5,145
Interest expense		2,099		-		(16	)		2,083
Net financing revenues		1,450		-		16			1,466
Insurance earned premiums and contract revenues		-		676		-			676
Investment and other income, net		142		38		(16	)		164
Net financing and other revenues		1,592		714		-			2,306
Expenses:
Provision for credit losses		266		-		-			266
Operating and administrative expenses		762		257		-			1,019
Insurance losses and loss adjustment expenses		-		343		-			343
Total expenses		1,028		600		-			1,628
Income before income taxes		564		114		-			678
Provision for income taxes		150		28		-			178
Net income	$	414	$	86	$	-		$	500
Total assets at December 31, 2018	$	115,319	$	4,880	$	(1,077	)	$	119,122

Note 14 – Segment Information (Continued)

	Three Months Ended December 31, 2017
	Finance			Insurance			Intercompany
	operations			operations			eliminations			Total
Total financing revenues	$	2,706		$	-		$	-		$	2,706
Depreciation on operating leases		1,778			-			-			1,778
Interest expense		431			-			(3	)		428
Net financing revenues		497			-			3			500
Insurance earned premiums and contract revenues		-			220			-			220
Investment and other income, net		37			32			(3	)		66
Net financing and other revenues		534			252			-			786
Expenses:
Provision for credit losses		108			-			-			108
Operating and administrative expenses		239			84			-			323
Insurance losses and loss adjustment expenses		-			100			-			100
Total expenses		347			184			-			531
Income before income taxes		187			68			-			255
Benefit for income taxes		(2,780	)		(41	)		-			(2,821	)
Net income	$	2,967		$	109		$	-		$	3,076
	Nine Months Ended December 31, 2017
	Finance			Insurance			Intercompany
	operations			operations			eliminations			Total
Total financing revenues	$	7,951		$	-		$	-		$	7,951
Depreciation on operating leases		5,178			-			-			5,178
Interest expense		1,337			-			(9	)		1,328
Net financing revenues		1,436			-			9			1,445
Insurance earned premiums and contract revenues		-			657			-			657
Investment and other income, net		105			114			(9	)		210
Net financing and other revenues		1,541			771			-			2,312
Expenses:
Provision for credit losses		320			-			-			320
Operating and administrative expenses		731			242			-			973
Insurance losses and loss adjustment expenses		-			316			-			316
Total expenses		1,051			558			-			1,609
Income before income taxes		490			213			-			703
(Benefit) provision for income taxes		(2,668	)		13			-			(2,655	)
Net income	$	3,158		$	200		$	-		$	3,358
Total assets at December 31, 2017	$	117,147		$	4,703		$	(1,116	)	$	120,734