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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS:    
Cash and cash equivalents $ 7.7 $ 23.3
Restricted cash and cash equivalents 410.0 410.9
Debt Securities, Available-for-sale, Restricted [1] 72.3 62.1
Loans receivable (including $1.4 from affiliates as of December 31, 2016) [2],[3] 9,165.5 9,349.8
Allowance for credit losses (2,867.8) (3,013.5)
Loans receivable, net 6,297.7 6,336.3
Property and equipment, net 51.4 57.3
Income taxes receivable 8.7 109.2
Other assets 56.9 51.8
Total Assets 6,904.7 7,050.9
Liabilities:    
Accounts payable and accrued liabilities 260.8 175.0
Revolving secured line of credit 30.9 2.6
Secured financing 3,756.4 3,811.5
Senior notes 794.5 792.5
Other Borrowings [4] 8.9 9.7
Deferred income taxes, net 426.7 435.2
Income taxes payable 2.5 0.2
Total Liabilities 5,280.7 5,226.7
Shareholders' Equity:    
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued 0.0 0.0
Common stock, $0.01 par value, 80,000,000 shares authorized, 17,092,432 and 18,352,779 shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively 0.1 0.1
Paid-in capital 245.7 197.2
Retained earnings 1,381.1 1,626.7
Accumulated other comprehensive loss (2.9) 0.2
Total Shareholders' Equity 1,624.0 1,824.2
Total Liabilities and Shareholders' Equity $ 6,904.7 $ 7,050.9
Preferred stock, par value $ 0.01  
Preferred stock, shares authorized 1,000,000  
Preferred stock, shares issued 0  
Common stock, par value $ 0.01  
Common stock, shares authorized 80,000,000  
Common stock, shares issued 12,756,885 14,145,888
Common stock, shares outstanding 12,756,885 14,145,888
[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.