Rendering

Component: (Network and Table)
Network
2309301 - Disclosure - Financing Receivables (Tables)
(http://www.cpsinet.com/role/FinancingReceivablesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001169445 (http://www.sec.gov/CIK)
Receivables [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Receivables [Abstract]
 
Components of Short Term Payment Plans
These receivables, collectively referred to as short-term payment plans and included in the current portion of financing receivables, were comprised of the following on December 31, 2016 and 2015:
(In thousands)
2016
 
2015
Second Generation Meaningful Use Installment Plans, gross
$
3,080

 
$
9,372

Fixed Periodic Payment Plans, gross
1,988

 
454

Short-term payment plans, gross
5,068

 
9,826

 
 
 
 
Less: allowance for losses
(1,796
)
 
(491
)
Less: unearned income
—

 
—

Short-term payment plans, net
$
3,272

 
$
9,335

  
Components of Lease Receivables
The components of these lease receivables were as follows on December 31:
(In thousands)
2016
 
2015
Sales-type leases, gross
$
8,981

 
$
3,239

Less: allowance for losses
(402
)
 
(163
)
Less: unearned income
(797
)
 
(266
)
Sales-type leases, net
$
7,782

 
$
2,810

  
Future Minimum Lease Payments to be Received
Future minimum lease payments to be received subsequent to December 31, 2016 are as follows:
(In thousands)
 
2017
$
2,836

2018
2,003

2019
1,495

2020
1,342

2021
818

Thereafter
487

Total minimum lease payments to be received
8,981

Less allowance for losses
(402
)
Less unearned income
(797
)
Net lease receivables
$
7,782

  
Rollforward of Allowance for Financing Credit Losses
The following table is a roll-forward of the allowance for financing credit losses for the years ended December 31, 2016 and 2015:
(In thousands)
Beginning
Balance
 
Provision
 
Charge-offs
 
Recoveries
 
Ending
Balance
December 31, 2016
$
654

 
$
1,762

 
$
(218
)
 
$
—

 
$
2,198

December 31, 2015
$
1,001

 
$
236

 
$
(583
)
 
$
—

 
$
654

  
Analysis of Age of Financing Receivables Amounts
The following is an analysis of the age of financing receivables amounts (excluding short-term payment plans) that have been reclassified to trade accounts receivable and were past due as of December 31, 2016 and December 31, 2015:
 
(In thousands)
1 to 90 Days
Past Due
 
91 to 180 Days
Past Due
 
181 + Days
Past Due
 
Total
Past Due
December 31, 2016
$
228

 
$
31

 
$
34

 
$
293

December 31, 2015
$
251

 
$
66

 
$
29

 
$
346

  
Summary of Financing Receivables by Credit Quality Indicator
The table below categorizes customer financing receivable balances (excluding short term payment plans), none of which are considered past due, based on the age of the oldest payment outstanding that has been reclassified to trade accounts receivable:
(In thousands)
December 31, 2016
 
December 31, 2015
Customer balances with amounts reclassified to trade accounts receivable that are:
 
 
 
1 to 90 Days Past Due
$
6,167

 
$
515

91 to 180 Days Past Due
550

 
230

181+ Days Past Due
273

 
—

Total customer balances with past due amounts reclassified to trade accounts receivable
$
6,990

 
$
745

Total customer balances with no past due amounts reclassified to trade accounts receivable
1,194

 
2,228

Total financing receivables with contractual maturities of one year or less
5,068

 
9,826

Less allowance for losses
(2,198
)
 
(654
)
Total financing receivables
$
11,054

 
$
12,145