(3) Finance Receivables (Tables)

12 Months Ended

Dec. 31, 2020

Finance Receivables

Schedule of finance receivables

	December 31,
	2020		2019
Finance receivables	(In thousands)
Automobile finance receivables, net of unearned interest	$	491,307	$	895,566
Unearned acquisition fees, discounts and deferred origination costs, net		826		1,964
Finance receivables	$	492,133	$	897,530

Schedule of amortized cost basis of finance receivables

	December 31,
	2020		2019
	(In thousands)
Delinquency Status
Current	$	406,693	$	698,870
31 - 60 days		56,572		107,951
61 - 90 days		22,660		57,395
91 + days		5,382		31,350
	$	491,307	$	895,566

Schedule of amortized cost basis of finance receivables

	December 31,		December 31,
	2020		2019
	(In thousands)
Annual Vintage Pool
2012 and prior	$	608	$	2,432
2013		4,483		15,489
2014		23,115		61,290
2015		78,457		162,242
2016		163,677		292,360
2017		220,967		361,753
	$	491,307	$	895,566

Schedule of allowance for finance credit losses

	December 31,
	2020			2019			2018
	(In thousands)
Balance at beginning of year	$	11,640		$	67,376		$	109,187
Impact of adopting ASC 326		127,000			n/a			n/a
Provision for credit losses on finance receivables		14,113			85,773			133,080
Charge-offs		(90,824	)		(184,449	)		(220,523	)
Recoveries		18,861			42,940			45,632
Balance at end of year	$	80,790		$	11,640		$	67,376

Schedule of allowance for losses on repossessed inventory

	December 31,
	2020			2019
	(In thousands)
Gross balance of repossessions in inventory	$	15,589		$	28,933
Allowance for losses on repossessed inventory		(11,790	)		(21,389	)
Net repossessed inventory included in other assets	$	3,799		$	7,544