Skip to main content

Credit Acceptance - Fundamentalanalyse - Jahresbericht / Bilanz / Geschäftsbericht

Credit Acceptance (ISIN: US2253101016, WKN: 884343) Kursdatum: 21.07.2017 Kurs: 250,030 USD
Beschreibung Daten
Symbol CACC
Marktkapitalisierung 5.103.137.280,00 USD
Land Vereinigte Staaten von Amerika
Indizes NASDAQ Comp.
Sektor Finanzdienstleister
Rohdaten nach US GAAP in Millionen USD
Aktiensplits
Internet
Letztes Bilanz Update 10.02.2017

Fundamentaldaten

Fundamental Verhältnisse errechnet am: 21.07.2017
KFCV KCV DIV Rendite GKR EKQ KGV KUV KBV
10,17 10,06 0,00% 7,89 27,83 15,33 5,27 4,35

Firmenbeschreibung

QUARTERLY FINANCIAL DATA (unaudited)The following quarterly financial data for the years ended December 31, 2016 and 2015 has been prepared in accordance with GAAP:(In millions, except per share data) 2016  Quarters EndedIncome Statement Data March 31June 30September 30December 31Revenue $227.9 $238.5 $246.6 $256.2Income before provision for income taxes 118.4 134.7 136.5 141.6Net income 74.4 84.9 85.9 87.6Net income per share (1):        Basic $3.64 $4.17 $4.22 $4.35Diluted $3.63 $4.17 $4.21 $4.33         (In millions, except per share data) 2015  Quarters EndedIncome Statement Data March 31 June 30 September 30 December 31Revenue $194.2 $203.1 $210.2 $217.8Income before provision for income taxes 113.3 117.4 117.9 125.9Net income 71.5 74.2 74.0 80.0Net income per share (1):        Basic $3.42 $3.54 $3.53 $3.86Diluted $3.41 $3.54 $3.53 $3.84(1)Basic and diluted net income per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted net income per share.

Firmenstrategie

Principles of ConsolidationThe consolidated financial statements include our accounts and our wholly-owned subsidiaries.  All significant intercompany transactions have been eliminated. Our primary subsidiaries as of December 31, 2016 are:  Buyer’s Vehicle Protection Plan, Inc. (“BVPP”), Vehicle Remarketing Services, Inc. (“VRS”), VSC Re Company (“VSC Re”), CAC Warehouse Funding Corp. II, CAC Warehouse Funding LLC IV, CAC Warehouse Funding LLC V, CAC Warehouse Funding LLC VI, Credit Acceptance Funding LLC 2014-1, Credit Acceptance Funding LLC 2014-2, Credit Acceptance Funding LLC 2015-1, Credit Acceptance Funding LLC 2015-2, Credit Acceptance Funding LLC 2016-1, Credit Acceptance Funding LLC 2016-2 and Credit Acceptance Funding LLC 2016-3.

RevenueRecognitionPolicyTextBlock

SegmentReportingDisclosureTextBlock

BUSINESS SEGMENT AND OTHER INFORMATION


Business Segment Overview


We identify operating segments as components of our business for which separate financial information is regularly evaluated by the chief operating decision-maker (“CODM”) in making decisions regarding resource allocation and assessing performance.  We periodically review and redefine our segment reporting as internal management reporting practices evolve and the components of our business change.  Currently, the CODM reviews consolidated financial statements and metrics to allocate resources and assess performance.  Thus, we have determined that we operate in one reportable operating segment.  The consolidated financial statements reflect the financial results of our one reportable operating segment.


Geographic Information


For the three years ended December 31, 2016, 2015 and 2014, all of our revenues were derived from the United States.  As of December 31, 2016 and 2015, all of our long-lived assets were located in the United States.


Products and Services Information


Our primary product consists of offering automobile dealers financing programs that enable them to sell vehicles to consumers, regardless of their credit history, through our nationwide network of Dealers.  We also provide Dealers the ability to offer or purchase ancillary products on vehicles financed by us.


Major Customer Information


We did not have any Dealers that provided 10% or more of our revenue during 2016, 2015, or 2014.  Additionally, no single Dealer’s Loans receivable balance accounted for more than 10% of total Loans receivable as of December 31, 2016 or 2015.

EarningsPerSharePolicyTextBlock

NET INCOME PER SHARE


Basic net income per share has been computed by dividing net income by the basic number of weighted average shares outstanding.  Diluted net income per share has been computed by dividing net income by the diluted number of weighted average shares outstanding using the treasury stock method.  The share effect is as follows:

 
For the Years Ended December 31,
 
2016
 
2015
 
2014
Weighted average shares outstanding:
 
 
 
 
 
Common shares
20,065,423

 
20,364,435

 
21,739,300

Vested restricted stock units
266,346

 
527,260

 
517,804

Basic number of weighted average shares outstanding
20,331,769

 
20,891,695

 
22,257,104

Dilutive effect of stock options

 

 
3,293

Dilutive effect of restricted stock and restricted stock units
78,347

 
89,058

 
71,004

Dilutive number of weighted average shares outstanding
20,410,116

 
20,980,753

 
22,331,401



For the years ended December 31, 2016, 2015 and 2014, there were no stock options, restricted stock or restricted stock units that would have been anti-dilutive.