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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
ASSETS:    
Cash and cash equivalents $ 13.2 $ 7.7
Restricted cash and cash equivalents 457.7 410.0
Debt Securities, Available-for-sale, Restricted [1] 93.2 72.3
Loans receivable (including $1.4 from affiliates as of December 31, 2016) [2],[3] 10,020.1 9,165.5
Allowance for credit losses (3,064.8) (2,867.8)
Loans receivable, net 6,955.3 6,297.7
Property and equipment, net 46.5 51.4
Income taxes receivable 4.3 8.7
Other assets 40.0 56.9
Total Assets 7,610.2 6,904.7
Liabilities:    
Accounts payable and accrued liabilities 318.8 260.8
Revolving secured line of credit 79.2 30.9
Secured financing 3,990.9 3,756.4
Senior notes 989.0 794.5
Other Borrowings [4] 8.4 8.9
Deferred income taxes, net 389.2 426.7
Income taxes payable 81.0 2.5
Total Liabilities 5,856.5 5,280.7
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, 12,522,397 and 12,756,885 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 0.1 0.1
Paid-in capital 279.0 245.7
Retained earnings 1,475.6 1,381.1
Accumulated other comprehensive loss (1.0) (2.9)
Total Shareholders' Equity 1,753.7 1,624.0
Total Liabilities and Shareholders' Equity $ 7,610.2 $ 6,904.7
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 12,522,397 12,756,885
Common stock, shares outstanding 12,522,397 12,756,885
[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.