XML 72 R27.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Allowance for Credit Losses (Tables)
9 Months Ended
Dec. 31, 2019
Loans And Leases Receivable Disclosure [Abstract]  
Allowance for Credit Losses on Finance Receivables and Investments in Operating Leases

The following table provides information related to our allowance for credit losses on finance receivables and investments in operating leases:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Allowance for credit losses at beginning of period

 

$

586

 

 

$

585

 

 

$

602

 

 

$

597

 

Charge-offs

 

 

(140

)

 

 

(121

)

 

 

(348

)

 

 

(339

)

Recoveries

 

 

21

 

 

 

22

 

 

 

77

 

 

 

72

 

Provision for credit losses

 

 

128

 

 

 

110

 

 

 

264

 

 

 

266

 

Allowance for credit losses at end of period

 

$

595

 

 

$

596

 

 

$

595

 

 

$

596

 

Allowance for Credit Losses and Finance Receivables by Portfolio Segment

The following tables provide information related to our allowance for credit losses for finance receivables and finance receivables by portfolio segment:

 

 

 

Three Months Ended December 31, 2019

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Allowance for Credit Losses for Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, October 1, 2019

 

$

317

 

 

$

188

 

 

$

505

 

Charge-offs

 

 

(117

)

 

 

-

 

 

 

(117

)

Recoveries

 

 

12

 

 

 

-

 

 

 

12

 

Provision for credit losses

 

 

116

 

 

 

7

 

 

 

123

 

Ending balance, December 31, 2019

 

$

328

 

 

$

195

 

 

$

523

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2019

 

Allowance for Credit Losses for Finance Receivables:

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2019

 

$

304

 

 

$

195

 

 

$

499

 

Charge-offs

 

 

(269

)

 

 

-

 

 

 

(269

)

Recoveries

 

 

39

 

 

 

-

 

 

 

39

 

Provision for credit losses

 

 

254

 

 

 

-

 

 

 

254

 

Ending balance, December 31, 2019

 

$

328

 

 

$

195

 

 

$

523

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

105

 

 

$

105

 

Ending balance: Collectively evaluated for impairment

 

$

328

 

 

$

90

 

 

$

418

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, December 31, 2019

 

$

57,324

 

 

$

17,000

 

 

$

74,324

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

617

 

 

$

617

 

Ending balance: Collectively evaluated for impairment

 

$

57,324

 

 

$

16,383

 

 

$

73,707

 

 

 

 

Three Months Ended December 31, 2018

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Allowance for Credit Losses for Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, October 1, 2018

 

$

307

 

 

$

140

 

 

$

447

 

Charge-offs

 

 

(87

)

 

 

-

 

 

 

(87

)

Recoveries

 

 

12

 

 

 

-

 

 

 

12

 

Provision for credit losses

 

 

69

 

 

 

34

 

 

 

103

 

Ending balance, December 31, 2018

 

$

301

 

 

$

174

 

 

$

475

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2018

 

Allowance for Credit Losses for Finance Receivables:

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2018

 

$

312

 

 

$

151

 

 

$

463

 

Charge-offs

 

 

(238

)

 

 

-

 

 

 

(238

)

Recoveries

 

 

38

 

 

 

-

 

 

 

38

 

Provision for credit losses

 

 

189

 

 

 

23

 

 

 

212

 

Ending balance, December 31, 2018

 

$

301

 

 

$

174

 

 

$

475

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

88

 

 

$

88

 

Ending balance: Collectively evaluated for impairment

 

$

301

 

 

$

86

 

 

$

387

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, December 31, 2018

 

$

53,992

 

 

$

16,744

 

 

$

70,736

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

596

 

 

$

596

 

Ending balance: Collectively evaluated for impairment

 

$

53,992

 

 

$

16,148

 

 

$

70,140