3. Finance Receivables (Tables)

12 Months Ended

Dec. 31, 2016

Finance Receivables

Schedule of finance receivables

	December 31,
	2016		2015
Finance receivables	(In thousands)
Automobile finance receivables, net of unearned interest	$	2,266,619	$	1,990,913
Unearned acquisition fees, discounts and deferred origination costs, net		1,324		(5,820	)
Finance receivables	$	2,267,943	$	1,985,093

Delinquency status of finance receivables

	December 31,
	2016		2015
	(In thousands)
Delinquency Status
Current	$	2,053,759	$	1,836,267
31 - 60 days		116,073		70,036
61 - 90 days		52,404		41,136
91 + days		44,383		43,474
	$	2,266,619	$	1,990,913

Allowance for credit losses

	December 31,
	2016			2015			2014
				(In thousands)
Balance at beginning of year	$	75,603		$	61,460		$	39,626
Provision for credit losses		178,511			142,618			108,228
Charge-offs		(192,366	)		(156,553	)		(109,914	)
Recoveries		33,830			28,078			23,520
Balance at end of year	$	95,578		$	75,603		$	61,460

Allowance for losses on repossessed inventory

	December 31,
	2016			2015
	(In thousands)
Gross balance of repossessions in inventory	$	40,069		$	39,728
Allowance for losses on repossessed inventory		(28,924	)		(26,954	)
Net repossessed inventory included in other assets	$	11,145		$	12,774