Rendering

Component: (Network and Table)
Network
2309301 - Disclosure - Finance Receivables (Tables)
(http://www.harley-davidson.com/role/FinanceReceivablesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000793952 (http://www.sec.gov/CIK)
Receivables [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Receivables [Abstract]
 
Finance Receivables
Finance receivables, net at December 31 for the past five years were as follows (in thousands): 
 
 
2016
 
2015
 
2014
 
2013
 
2012
Wholesale
 
 
 
 
 
 
 
 
 
 
United States
 
$
961,150

 
$
965,379

 
$
903,380

 
$
800,491

 
$
776,633

Canada
 
65,440

 
58,481

 
48,941

 
44,721

 
39,771

Total wholesale
 
1,026,590

 
1,023,860

 
952,321

 
845,212

 
816,404

Retail
 
 
 
 
 
 
 
 
 
 
United States
 
5,769,410

 
5,803,071

 
5,398,006

 
5,051,245

 
4,850,450

Canada
 
212,801

 
188,400

 
209,918

 
213,799

 
222,665

Total retail
 
5,982,211

 
5,991,471

 
5,607,924

 
5,265,044

 
5,073,115

 
 
7,008,801

 
7,015,331

 
6,560,245

 
6,110,256

 
5,889,519

Allowance for credit losses
 
(173,343
)
 
(147,178
)
 
(127,364
)
 
(110,693
)
 
(107,667
)
Total finance receivables, net
 
$
6,835,458

 
$
6,868,153

 
$
6,432,881

 
$
5,999,563

 
$
5,781,852

  
Contractual Maturities Of Finance Receivables
On December 31, 2016, contractual maturities of finance receivables were as follows (in thousands): 
 
 
United States
 
Canada
 
Total
2017
 
$
2,004,454

 
$
107,658

 
$
2,112,112

2018
 
1,123,428

 
44,731

 
1,168,159

2019
 
1,256,972

 
48,806

 
1,305,778

2020
 
1,217,711

 
53,254

 
1,270,965

2021
 
1,106,241

 
23,792

 
1,130,033

Thereafter
 
21,754

 
—

 
21,754

Total
 
$
6,730,560

 
$
278,241

 
$
7,008,801

  
Changes In The Allowance For Finance Credit Losses On Finance Receivables
Changes in the allowance for credit losses on finance receivables by portfolio for the year ended December 31 were as follows (in thousands): 
 
 
2016
Retail
 
Wholesale
 
Total
Balance, beginning of period
 
$
139,320

 
$
7,858

 
$
147,178

Provision for credit losses
 
137,893

 
(1,276
)
 
136,617

Charge-offs
 
(148,566
)
 
—

 
(148,566
)
Recoveries
 
41,405

 
—

 
41,405

Other (a)
 
(3,291
)
 
—

 
(3,291
)
Balance, end of period
 
$
166,761

 
$
6,582

 
$
173,343


 
 
2015
Retail
 
Wholesale
 
Total
Balance, beginning of period
 
$
122,025

 
$
5,339

 
$
127,364

Provision for credit losses
 
98,826

 
2,519

 
101,345

Charge-offs
 
(123,911
)
 
—

 
(123,911
)
Recoveries
 
42,380

 
—

 
42,380

Balance, end of period
 
$
139,320

 
$
7,858

 
$
147,178


 
 
2014
Retail
 
Wholesale
 
Total
Balance, beginning of period
 
$
106,063

 
$
4,630

 
$
110,693

Provision for credit losses
 
80,237

 
709

 
80,946

Charge-offs
 
(102,831
)
 
—

 
(102,831
)
Recoveries
 
38,556

 
—

 
38,556

Balance, end of period
 
$
122,025

 
$
5,339

 
$
127,364


(a)
Related to the sale of finance receivables during the second quarter of 2016 with a principal balance of $301.8 million
through an off-balance sheet asset-backed securitization transaction (see Note 11 for additional information).

There were no finance receivables individually evaluated for impairment on December 31, 2016 or 2015. The allowance for credit losses and finance receivables by portfolio, collectively evaluated for impairment, at December 31 was as follows (in thousands): 
 
 
2016
 
 
Retail
 
Wholesale
 
Total
Allowance for credit losses, ending balance:
 
 
 
 
 
 
Individually evaluated for impairment
 
$
—

 
$
—

 
$
—

Collectively evaluated for impairment
 
166,761

 
6,582

 
173,343

Total allowance for credit losses
 
$
166,761

 
$
6,582

 
$
173,343

Finance receivables, ending balance:
 
 
 
 
 
 
Individually evaluated for impairment
 
$
—

 
$
—

 
$
—

Collectively evaluated for impairment
 
5,982,211

 
1,026,590

 
7,008,801

Total finance receivables
 
$
5,982,211

 
$
1,026,590

 
$
7,008,801

 
 
2015
 
 
Retail
 
Wholesale
 
Total
Allowance for credit losses, ending balance:
 
 
 
 
 
 
Individually evaluated for impairment
 
$
—

 
$
—

 
$
—

Collectively evaluated for impairment
 
139,320

 
7,858

 
147,178

Total allowance for credit losses
 
$
139,320

 
$
7,858

 
$
147,178

Finance receivables, ending balance:
 
 
 
 
 
 
Individually evaluated for impairment
 
$
—

 
$
—

 
$
—

Collectively evaluated for impairment
 
5,991,471

 
1,023,860

 
7,015,331

Total finance receivables
 
$
5,991,471

 
$
1,023,860

 
$
7,015,331

  
Past Due Financing Receivables
An analysis of the aging of past due finance receivables at December 31 was as follows (in thousands): 
 
 
2016
 
 
Current
 
31-60 Days
Past Due
 
61-90 Days
Past Due
 
Greater than
90 Days
Past Due
 
Total
Past Due
 
Total
Finance
Receivables
Retail
 
$
5,760,818

 
$
131,302

 
$
49,642

 
$
40,449

 
$
221,393

 
$
5,982,211

Wholesale
 
1,024,995

 
1,000

 
319

 
276

 
1,595

 
1,026,590

Total
 
$
6,785,813

 
$
132,302

 
$
49,961

 
$
40,725

 
$
222,988

 
$
7,008,801


 
 
2015
 
 
Current
 
31-60 Days
Past Due
 
61-90 Days
Past Due
 
Greater than
90 Days
Past Due
 
Total
Past Due
 
Total
Finance
Receivables
Retail
 
$
5,796,003

 
$
118,996

 
$
43,680

 
$
32,792

 
$
195,468

 
$
5,991,471

Wholesale
 
1,022,365

 
888

 
530

 
77

 
1,495

 
1,023,860

Total
 
$
6,818,368

 
$
119,884

 
$
44,210

 
$
32,869

 
$
196,963

 
$
7,015,331


The recorded investment of retail and wholesale finance receivables, excluding non-accrual status finance receivables, that were contractually past due 90 days or more at December 31 for the past five years was as follows (in thousands): 
 
 
2016
 
2015
 
2014
 
2013
 
2012
United States
 
$
39,399

 
$
31,677

 
$
27,800

 
$
23,770

 
$
26,500

Canada
 
1,326

 
1,192

 
1,118

 
1,031

 
1,533

Total
 
$
40,725

 
$
32,869

 
$
28,918

 
$
24,801

 
$
28,033

  
Financing Receivable Credit Quality Indicators
The recorded investment of retail finance receivables, by credit quality indicator, at December 31 was as follows (in thousands): 
 
 
2016
 
2015
Prime
 
$
4,768,420

 
$
4,777,448

Sub-prime
 
1,213,791

 
1,214,023

Total
 
$
5,982,211

 
$
5,991,471

The recorded investment of wholesale finance receivables, by internal credit quality indicator, at December 31 was as follows (in thousands): 
 
 
2016
 
2015
Doubtful
 
$
1,333

 
$
5,169

Substandard
 
1,773

 
21,774

Special Mention
 
30,152

 
6,271

Medium Risk
 
14,620

 
11,494

Low Risk
 
978,712

 
979,152

Total
 
$
1,026,590

 
$
1,023,860