2. Finance Receivables (Tables)

6 Months Ended

Jun. 30, 2017

Finance Receivables

Financial Receivables

	June 30,		December 31,
	2017		2016
Finance receivables	(In thousands)
Automobile finance receivables, net of unearned interest	$	2,310,103	$	2,266,619
Unearned acquisition fees and originations costs		4,419		1,324
Finance receivables	$	2,314,522	$	2,267,943

Delinquency status of finance receivables

	June 30,		December 31,
	2017		2016
	(In thousands)
Delinquency Status
Current	$	2,115,708	$	2,053,759
31 - 60 days		121,354		116,073
61 - 90 days		49,094		52,404
91 + days		23,947		44,383
	$	2,310,103	$	2,266,619

Allowance for credit losses

	Three Months Ended						Six Months Ended
	June 30,						June 30,
		2017			2016			2017			2016
		(In thousands)						(In thousands)
Balance at beginning of period	$	99,255		$	79,867		$	95,578		$	75,603
Provision for credit losses on finance receivables		48,550			44,423			95,717			88,619
Charge-offs		(48,474	)		(41,901	)		(98,773	)		(87,834	)
Recoveries		7,984			7,779			14,793			13,780
Balance at end of period	$	107,315		$	90,168		$	107,315		$	90,168

Allowance for losses on repossessed inventory

	June 30,			December 31,
	2017			2016
	(In thousands)
Gross balance of repossessions in inventory	$	31,382		$	40,069
Allowance for losses on repossessed inventory		(23,076	)		(28,924	)
Net repossessed inventory included in other assets	$	8,306		$	11,145