2. Finance Receivables (Tables)

9 Months Ended

Sep. 30, 2017

Finance Receivables

Financial Receivables

	September 30,		December 31,
	2017		2016
Finance receivables	(In thousands)
Automobile finance receivables, net of unearned interest	$	2,312,363	$	2,266,619
Unearned acquisition fees and originations costs		5,364		1,324
Finance receivables	$	2,317,727	$	2,267,943

Delinquency status of finance receivables

	September 30,		December 31,
	2017		2016
	(In thousands)
Deliquency Status
Current	$	2,103,509	$	2,053,759
31 - 60 days		130,457		116,073
61 - 90 days		51,912		52,404
91 + days		26,485		44,383
	$	2,312,363	$	2,266,619

Allowance for credit losses

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
		2017			2016			2017			2016
		(In thousands)						(In thousands)
Balance at beginning of period	$	107,315		$	90,168		$	95,578		$	75,603
Provision for credit losses on finance receivables		47,336			46,262			143,053			134,881
Charge-offs		(53,628	)		(46,839	)		(152,401	)		(134,674	)
Recoveries		7,596			7,252			22,389			21,033
Balance at end of period	$	108,619		$	96,843		$	108,619		$	96,843

Allowance for losses on repossessed inventory

	September 30,			December 31,
	2017			2016
	(In thousands)
Gross balance of repossessions in inventory	$	32,032		$	40,069
Allowance for losses on repossessed inventory		(22,848	)		(28,924	)
Net repossessed inventory included in other assets	$	9,184		$	11,145