(3) Finance Receivables (Tables)

12 Months Ended

Dec. 31, 2021

Finance Receivables

Schedule of finance receivables

	December 31,
	2021		2020
Finance receivables	(In thousands)
Automobile finance receivables, net of unearned interest	$	232,390	$	491,307
Unearned acquisition fees, discounts and deferred origination costs, net		–		826
Finance receivables	$	232,390	$	492,133

Schedule of amortized cost basis of finance receivables

	December 31,
	2021		2020
	(In thousands)
Delinquency Status
Current	$	186,625	$	406,693
31 - 60 days		30,980		56,572
61 - 90 days		12,070		22,660
91 + days		2,715		5,382
	$	232,390	$	491,307

Schedule of amortized cost basis of finance receivables

	December 31,		December 31,
	2021		2020
	(In thousands)
Annual Vintage Pool
2012 and prior	$	131	$	608
2013		1,091		4,483
2014		6,881		23,115
2015		29,695		78,457
2016		76,728		163,677
2017		117,864		220,967
	$	232,390	$	491,307

Schedule of allowance for finance credit losses

	December 31,
	2021			2020			2019
	(In thousands)
Balance at beginning of year	$	80,790		$	11,640		$	67,376
Impact of adopting ASC 326		n/a			127,000			n/a
Provision for credit losses on finance receivables		(14,590	)		14,113			85,773
Charge-offs		(30,940	)		(90,824	)		(184,449	)
Recoveries		20,946			18,861			42,940
Balance at end of year	$	56,206		$	80,790		$	11,640

Schedule of allowance for losses on repossessed inventory

	December 31,
	2021			2020
	(In thousands)
Gross balance of repossessions in inventory	$	4,341		$	15,589
Allowance for losses on repossessed inventory		(1,871	)		(11,790	)
Net repossessed inventory included in other assets	$	2,470		$	3,799