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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
ASSETS:    
Cash and cash equivalents $ 383.5 $ 16.0
Restricted cash and cash equivalents 477.4 380.2
Restricted securities available for sale [1] 69.3 66.1
Loans receivable 9,966.5 [2],[3] 10,124.8
Allowance for credit losses (3,198.4) (3,336.9)
Loans receivable, net 6,768.1 6,787.9
Property and equipment, net 57.7 59.4
Income taxes receivable 17.9 147.0
Other assets 27.5 32.4
Total Assets 7,801.4 7,489.0
Liabilities:    
Accounts payable and accrued liabilities 226.3 186.7
Revolving secured line of credit 0.0 95.9
Secured financing 3,978.5 3,711.6
Senior notes 791.5 790.6
Mortgage note [4] 10.1 10.5
Deferred income taxes, net 401.8 391.0
Income taxes payable 0.2 0.2
Total Liabilities 5,408.4 5,186.5
Commitments and Contingencies - See Note 15
Shareholders' Equity:    
Preferred stock, $.01 par value, 1,000,000 shares authorized, none issued 0.0 0.0
Common stock, $.01 par value, 80,000,000 shares authorized, 16,003,249 and 17,092,432 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 0.2 0.2
Paid-in capital 150.8 161.9
Retained earnings 2,241.1 2,138.8
Accumulated other comprehensive income 0.9 1.6
Total Shareholders' Equity 2,393.0 2,302.5
Total Liabilities and Shareholders' Equity $ 7,801.4 $ 7,489.0
Preferred stock, par value (in usd per share) $ 0.01  
Preferred stock, shares authorized 1,000,000  
Preferred stock, shares issued 0  
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Common stock, shares authorized 80,000,000 80,000,000
Common stock, shares issued 16,003,249 17,092,432
Balance, shares 16,003,249 17,092,432
[1] Measured at fair value on a recurring basis.
[2] As Consumer Loans are aggregated by Dealer for purposes of recognizing revenue and measuring credit losses, the Dealer Loan amount was estimated by allocating the balance of each Dealer Loan to the underlying Consumer Loans based on the forecasted future collections of each Consumer Loan.
[3] As certain Consumer Loans are aggregated by Dealer or month of purchase for purposes of recognizing revenue and measuring credit losses, the Purchased Loan amount was estimated by allocating the balance of certain Purchased Loans to the underlying Consumer Loans based on the forecasted future collections of each Consumer Loan.
[4] Measured at amortized cost with fair value disclosed.