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Actionable news in CRMT: America's Car-Mart, Inc.,

America's: Consolidated Results Of Operations

The following excerpt is from the company's SEC filing.

(Operating Statement Dollars in Thousands)

% Change

As a % of Sales

Three Months Ended

2015

vs.

2014

Operating Data:

Retail units sold

10,881

12,084

(10.0)%

Average number of stores in operation

144

136

5.5

Average retail units sold per store per month

25.3

29.6

(14.5)

Average retail sales price

$ 10,247

$ 9,490

8.0

Same store revenue growth

(3.4)%

5.4%

Net charge-offs as a percent of average finance receivables

7.8%

7.0%

Collections as a percent of average finance receivables

13.7%

14.1%

Average percentage of finance receivables-current (excl. 1-2 day)

82.5%

80.5%

Average down-payment percentage

6.4%

6.7%

Period End Data:

Stores open

145

6.6%

Accounts over 30 days past due

3.5%

4.4%

Finance receivables, gross

$ 427,663

$ 411,500

3.9%

Operating Statement:

Revenues:

Sales

$ 117,670

$ 119,435

(1.5)%

100.0%

Interest income

15,334

14,399

6.5

13.0

12.1

Total

133,004

133,834

(0.6)

113.0

112.1

Costs and expenses:

Cost of sales

71,596

68,156

5.0

60.8

57.1

Selling, general and administrative

22,239

20,655

7.7

18.9

17.3

Provision for credit losses

38,094

31,371

21.4

32.4

26.3

Interest...


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