World Acceptance (WRLD) 10-Q 6 Feb 15 2015 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Dec. 31, 2014	Feb. 04, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	WORLD ACCEPTANCE CORP
Entity Central Index Key	108385
Current Fiscal Year End Date	-28
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		9,531,472
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Dec-14

CONSOLIDATED_BALANCE_SHEETS_Un

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Dec. 31, 2014	Mar. 31, 2014
ASSETS
Cash and cash equivalents	$16,777,536	$19,569,683
Gross loans receivable	1,262,617,971	1,112,307,335
Less:
Unearned interest and fees	344,992,646	298,387,520
Allowance for loan losses	-85,018,499	-63,254,940
Loans receivable, net	832,606,826	750,664,875
Property and equipment, net	26,058,829	24,826,238
Deferred income taxes	41,382,087	33,514,189
Other assets, net	11,972,598	11,707,639
Goodwill	6,121,458	5,967,127
Intangible assets, net	3,429,929	3,777,810
Total assets	938,349,263	850,027,561
Liabilities:
Senior notes payable	591,950,000	505,500,000
Income taxes payable	6,002,018	9,521,285
Accounts payable and accrued expenses	27,327,059	27,650,955
Total liabilities	625,279,077	542,672,240
Commitments and contingencies
Shareholders' equity:
Preferred stock, no par value	0	0
Common stock, no par value	0	0
Additional paid-in capital	133,711,408	118,365,503
Retained earnings	192,008,222	193,095,944
Accumulated other comprehensive loss	-12,649,444	-4,106,126
Total shareholders' equity	313,070,186	307,355,321
Total liabilities and shareholders' equity	$938,349,263	$850,027,561

CONSOLIDATED_BALANCE_SHEETS_Un1

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Shareholders' equity:
Preferred stock, par value (in dollars per share)	$0	$0
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$0	$0
Common stock, shares authorized (in shares)	95,000,000	95,000,000
Common stock, shares issued (in shares)	9,514,767	10,262,384
Common stock, shares outstanding (in shares)	9,514,767	10,262,384

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Interest and fee income	$137,407,283	$142,213,442	$408,300,500	$403,201,740
Insurance commissions and other income	16,240,103	18,280,069	48,213,500	52,520,477
Total revenues	153,647,386	160,493,511	456,514,000	455,722,217
Expenses:
Provision for loan losses	38,292,746	41,115,932	105,346,744	108,006,774
General and administrative expenses:
Personnel	50,197,847	49,393,327	155,380,176	151,837,113
Occupancy and equipment	10,403,848	9,702,506	30,840,643	28,773,715
Advertising	7,747,085	7,316,674	14,337,598	13,089,315
Amortization of intangible assets	176,240	244,940	566,415	822,107
Other	12,056,991	10,640,905	33,215,263	30,001,379
Total general and administrative expenses	80,582,011	77,298,352	234,340,095	224,523,629
Interest expense	6,037,638	5,545,956	17,628,488	15,503,201
Total expenses	124,912,395	123,960,240	357,315,327	348,033,604
Income before income taxes	28,734,991	36,533,271	99,198,673	107,688,613
Income taxes	10,244,992	13,579,366	36,879,998	40,057,738
Net income	$18,489,999	$22,953,905	$62,318,675	$67,630,875
Net income per common share:
Basic (in dollars per share)	$2.04	$2.14	$6.76	$6.10
Diluted (in dollars per share)	$2.01	$2.10	$6.64	$5.98
Weighted average common shares outstanding:
Basic (in shares)	9,043,190	10,710,327	9,225,205	11,079,819
Diluted (in shares)	9,208,808	10,949,679	9,391,033	11,316,233

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net income	$18,489,999	$22,953,905	$62,318,675	$67,630,875
Foreign currency translation adjustments	-6,303,807	320,225	-8,543,318	-3,704,498
Comprehensive income	$12,186,192	$23,274,130	$53,775,357	$63,926,377

CONSOLIDATED_STATEMENTS_OF_SHA

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) (USD $)	Total	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss), net [Member]
Balances at Mar. 31, 2013	$366,396,259	$89,789,789	$277,024,787	($418,317)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options, including tax benefits	13,662,510	13,662,510
Common stock repurchases	-190,536,775		-190,536,775
Issuance of restricted common stock under stock option plan	5,234,480	5,234,480
Stock option expense	9,678,724	9,678,724
Other comprehensive income	-3,687,809			-3,687,809
Net income	106,607,932		106,607,932
Balances at Mar. 31, 2014	307,355,321	118,365,503	193,095,944	-4,106,126
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options, including tax benefits	3,141,956	3,141,956
Common stock repurchases	-63,406,397		-63,406,397
Issuance of restricted common stock under stock option plan	5,665,715	5,665,715
Stock option expense	6,538,234	6,538,234
Other comprehensive income	-8,543,318			-8,543,318
Net income	62,318,675		62,318,675
Balances at Dec. 31, 2014	$313,070,186	$133,711,408	$192,008,222	($12,649,444)

CONSOLIDATED_STATEMENTS_OF_SHA1

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) (USD $)	9 Months Ended	12 Months Ended
	Dec. 31, 2014	Mar. 31, 2014
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)	72,400	265,365
Proceeds from exercise of stock options, tax benefits	$601,875	$2,867,621
Common stock repurchases (in shares)	800,291	2,091,699

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Statement of Cash Flows [Abstract]
Interest Paid	$16,978,337	$14,405,275
Cash flow from operating activities:
Net income	62,318,675	67,630,875
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangible assets	566,415	822,107
Amortization of loan costs and discounts	304,303	295,655
Provision for loan losses	105,346,744	108,006,774
Depreciation	4,893,122	4,708,254
Deferred income tax benefit	-8,674,410	-10,037,348
Compensation related to stock option and restricted stock plans	12,203,949	11,596,771
Change in accounts:
Other assets, net	-316,358	-692,803
Income taxes payable	-3,469,399	-7,357,996
Accounts payable and accrued expenses	-49,435	27,438
Net cash provided by operating activities	173,123,606	174,999,727
Cash flows from investing activities:
Increase in loans receivable, net	-192,461,044	-230,060,722
Net assets acquired from office acquisitions, primarily loans	-1,352,037	-774,549
Purchases of property and equipment	-6,602,376	-5,432,662
Increase in intangible assets from acquisitions	-372,865	-281,437
Net cash used in investing activities	-200,788,322	-236,549,370
Cash flow from financing activities:
Borrowings from senior note payable	258,521,600	346,140,000
Payments on senior note payable	-172,071,600	-163,140,000
Proceeds from exercise of stock options	2,540,081	6,706,128
Payments of Loan Costs	337,500	0
Repurchase of common stock	-63,406,397	-121,995,651
Excess tax benefits from exercise of stock options	601,875	1,940,209
Net cash provided by financing activities	25,848,059	69,650,686
Increase in cash and cash equivalents	-2,792,147	7,762,389
Effects of foreign currency fluctuations on cash	-975,490	-338,654
Cash and cash equivalents at beginning of period	19,569,683	11,625,365
Cash and cash equivalents at end of period	16,777,536	19,387,754
Income Taxes Paid, Net	$49,123,565	$55,512,654

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION
	The consolidated financial statements of the Company at December 31, 2014, and for the three and nine months ended were prepared in accordance with the instructions for Form 10-Q and are unaudited; however, in the opinion of management, all adjustments (consisting only of items of a normal recurring nature) necessary for a fair presentation of the financial position at December 31, 2014, and the results of operations and cash flows for the periods ended December 31, 2014 and 2013, have been included.  The results for the interim periods are not necessarily indicative of the results that may be expected for the full year or any other interim period.
	The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amount of revenue and expenses during the reporting period.  Actual results could differ from those estimates.
	The consolidated financial statements do not include all disclosures required by U.S. GAAP and should be read in conjunction with the Company’s audited consolidated financial statements and related notes for the fiscal year ended March 31, 2014, included in the Company’s 2014 Annual Report to Shareholders.

SUMMARY_OF_SIGNIFICANT_POLICIE

SUMMARY OF SIGNIFICANT POLICIES	9 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT POLICIES	SUMMARY OF SIGNIFICANT POLICIES
	Accounting Standards to be Adopted
	Revenue from Contracts with Customers
	In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) No. 2014-09 which supersedes the revenue recognition requirements Topic 605 (Revenue Recognition), and most industry-specific guidance. ASU No. 2014-09 is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU No. 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The guidance allows for either a "full retrospective" adoption or a "modified retrospective" adoption; however early adoption is not permitted. We are currently evaluating the impact the adoption of this guidance will have on our consolidated financial statements.
	Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern
	In August 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) 2014-15, which requires management to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures in certain circumstances. ASU 2014-15 is effective for annual and interim periods beginning after December 15, 2016 with early adoption permitted. We do not believe the adoption of this guidance will have a material impact on our consolidated financial statements.
	We reviewed all other newly issued accounting pronouncements and concluded that they are either not applicable to our business or are not expected to have a material effect on the consolidated financial statements as a result of future adoption.

FAIR_VALUE

FAIR VALUE	9 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE
	Fair Value Disclosures
	The Company may carry certain financial instruments and derivative assets and liabilities at fair value on a recurring basis. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Company determines the fair values of its financial instruments based on the fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
	Financial assets and liabilities measured at fair value are grouped in three levels. The levels prioritize the inputs used to measure the fair value of the assets or liabilities.  These levels are:
	•	Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities.
	•	Level 2 – Inputs other than quoted prices that are observable for assets and liabilities, either directly or indirectly. These inputs include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in market that are less active.
	•	Level 3 – Unobservable inputs for assets or liabilities reflecting the reporting entity’s own assumptions.
	The Company’s financial instruments for the periods reported consist of the following: cash and cash equivalents, loans receivable, and senior notes payable. Fair value approximates carrying value for all of these instruments. Loans receivable are originated at prevailing market rates and have an average life of approximately eight months. Given the short-term nature of these loans, they are continually repriced at current market rates. The Company’s revolving credit facility has a variable rate based on a margin over LIBOR and reprices with any changes in LIBOR.
	The carrying amount and estimated fair values of the Company’s financial instruments summarized by level are as follows:
		December 31, 2014				March 31, 2014
		Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
	ASSETS
	Level 1 inputs
	Cash and cash equivalents	$	16,777,536	$	16,777,536	$	19,569,683	$	19,569,683
	Level 3 inputs
	Loans receivable, net	832,606,826		832,606,826		750,664,875		750,664,875
	LIABILITIES
	Level 3 inputs
	Senior notes payable	591,950,000		591,950,000		505,500,000		505,500,000
	There were no significant assets or liabilities measured at fair value on a non-recurring basis as of December 31, 2014 or March 31, 2014.

ALLOWANCE_FOR_LOAN_LOSSES

ALLOWANCE FOR LOAN LOSSES	9 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
ALLOWANCE FOR LOAN LOSSES	ALLOWANCE FOR LOAN LOSSES
	The following is a summary of the changes in the allowance for loan losses for the periods indicated:
		Three months ended December 31,					Nine months ended December 31,
		2014			2013		2014			2013
	Balance at beginning of period	$	81,817,578		67,608,005		$	63,254,940		59,980,842
	Provision for loan losses	38,292,746			41,115,932		105,346,744			108,006,774
	Loan losses	(37,978,106		)	(37,278,133	)	(93,210,529		)	(102,654,004	)
	Recoveries	3,589,412			3,117,923		10,616,382			9,565,901
	Translation adjustment	(703,131		)	38,518		(989,038		)	(297,268	)
	Balance at end of period	$	85,018,499		74,602,245		$	85,018,499		74,602,245
	The following is a summary of loans individually and collectively evaluated for impairment for the period indicated:
	December 31, 2014	Loans individually			Loans collectively		Total
		evaluated for			evaluated for
		impairment			impairment
		(impaired loans)
	Bankruptcy, gross loans	$	6,269,715		—		6,269,715
	91 days or more delinquent, excluding bankruptcy	55,570,991			—		55,570,991
	Loans less than 91 days delinquent and not in bankruptcy	—			1,200,777,265		1,200,777,265
	Gross loan balance	61,840,706			1,200,777,265		1,262,617,971
	Unearned interest and fees	(16,463,051		)	(328,529,595	)	(344,992,646	)
	Net loans	45,377,655			872,247,670		917,625,325
	Allowance for loan losses	(45,377,655		)	(39,640,844	)	(85,018,499	)
	Loans, net of allowance for loan losses	$	—		832,606,826		832,606,826
	March 31, 2014	Loans individually			Loans collectively		Total
		evaluated for			evaluated for
		impairment			impairment
		(impaired loans)
	Bankruptcy, gross loans	$	5,878,825		—		5,878,825
	91 days or more delinquent, excluding bankruptcy	28,186,637			—		28,186,637
	Loans less than 91 days delinquent and not in bankruptcy	—			1,078,241,873		1,078,241,873
	Gross loan balance	34,065,462			1,078,241,873		1,112,307,335
	Unearned interest and fees	(7,269,147		)	(291,118,373	)	(298,387,520	)
	Net loans	26,796,315			787,123,500		813,919,815
	Allowance for loan losses	(26,796,315		)	(36,458,625	)	(63,254,940	)
	Loans, net of allowance for loan losses	$	—		750,664,875		750,664,875
	December 31, 2013	Loans individually			Loans collectively		Total
		evaluated for			evaluated for
		impairment			impairment
		(impaired loans)
	Bankruptcy, gross loans	$	5,751,373		—		5,751,373
	91 days or more delinquent, excluding bankruptcy	33,175,053			—		33,175,053
	Loans less than 91 days delinquent and not in bankruptcy	—			1,225,131,885		1,225,131,885
	Gross loan balance	38,926,426			1,225,131,885		1,264,058,311
	Unearned interest and fees	(9,029,631		)	(338,303,927	)	(347,333,558	)
	Net loans	29,896,795			886,827,958		916,724,753
	Allowance for loan losses	(29,896,795		)	(44,705,450	)	(74,602,245	)
	Loans, net of allowance for loan losses	$	—		842,122,508		842,122,508
	The following is an assessment of the credit quality for the period indicated:
		December 31,			March 31,		December 31,
		2014			2014		2013
	Credit risk
	Consumer loans- non-bankrupt accounts	$	1,256,348,256		1,106,428,510		1,258,306,938
	Consumer loans- bankrupt accounts	6,269,715			5,878,825		5,751,373
	Total gross loans	$	1,262,617,971		1,112,307,335		1,264,058,311
	Consumer credit exposure
	Credit risk profile based on payment activity, performing	$	1,177,925,160		1,053,037,073		1,200,269,825
	Contractual non-performing, 61 or more days delinquent	84,692,811			59,270,262		63,788,486
	Total gross loans	$	1,262,617,971		1,112,307,335		1,264,058,311
	Delinquent refinance	$	27,027,353		22,907,734		25,549,569
	Credit risk profile based on customer type
	New borrower	$	189,297,996		151,025,603		187,601,560
	Former borrower	131,854,445			102,514,264		119,609,101
	Refinance	914,438,177			835,859,734		931,298,081
	Delinquent refinance	27,027,353			22,907,734		25,549,569
Total gross loans	$	1,262,617,971		1,112,307,335		1,264,058,311
The following is a summary of the past due receivables as of:
	December 31,			March 31,		December 31,
	2014			2014		2013
Contractual basis:
30-60 days past due	$	44,649,718		37,713,414		45,956,945
61-90 days past due	28,227,745			30,607,515		30,224,306
91 days or more past due	56,465,066			28,662,747		33,564,180
Total	$	129,342,529		96,983,676		109,745,431
Percentage of period-end gross loans receivable	10.2		%	8.7	%	8.7	%

AVERAGE_SHARE_INFORMATION

AVERAGE SHARE INFORMATION	9 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
AVERAGE SHARE INFORMATION	AVERAGE SHARE INFORMATION
	The following is a summary of the basic and diluted average common shares outstanding:
		Three months ended December 31,				Nine months ended December 31,
		2014		2013		2014		2013
	Basic:
	Weighted average common shares outstanding (denominator)	9,043,190		10,710,327		9,225,205		11,079,819
	Diluted:
	Weighted average common shares outstanding	9,043,190		10,710,327		9,225,205		11,079,819
	Dilutive potential common shares stock options	165,618		239,352		165,828		236,414
	Weighted average diluted shares outstanding (denominator)	9,208,808		10,949,679		9,391,033		11,316,233
	Options to purchase 558,620 and 119,538 shares of common stock at various prices were outstanding during the three months ended December 31, 2014 and 2013 respectively, but were not included in the computation of diluted EPS because the option exercise price was antidilutive.
	Options to purchase 595,724 and 376,177 shares of common stock at various prices were outstanding during the nine months ended December 31, 2014 and 2013 respectively, but were not included in the computation of diluted EPS because the option exercise price was antidilutive.
	In connection with the preparation of the consolidated financial statements for the three and six month periods ended September 30, 2014, errors in the computation and disclosure of earnings per share were identified. These errors resulted from the inclusion of restricted stock as outstanding in the basic weighted average common shares outstanding, as well as the inclusion of performance based restricted stock that had not met the necessary performance conditions as of the end of the reporting period as dilutive in the calculation of weighted average diluted shares outstanding.
	The Company evaluated the materiality of these errors in accordance with SEC Staff Accounting Bulletin No. 99, Materiality, SEC Staff Accounting Bulletin No. 108, Considering the Effects of Prior Year Misstatements When Quantifying Misstatements in Current Year Financial Statements, and Accounting Standards Codification 250, Accounting for Changes and Error Corrections, and concluded that these errors, individually and in the aggregate, were immaterial to all prior periods impacted. While the adjustments were immaterial, the Company has elected to revise its previously reported basic and diluted earnings per share as shown in the following table:
			Three months ended December 31, 2013				Nine months ended December 31, 2013			Year Ended March 31, 2014
			As Reported		As Revised		As Reported		As Revised	As Reported	As Revised
	Net income (numerator)		22,953,905		22,953,905		67,630,875		67,630,875	106,607,932	106,607,932
	Basic:
	Weighted average common shares outstanding (denominator)		11,203,826		10,710,327		11,610,318		11,079,819	11,391,706	10,876,557
	Diluted:
	Weighted average common shares outstanding		11,203,826		10,710,327		11,610,318		11,079,819	11,391,706	10,876,557
	Dilutive potential restricted stock and stock options		388,812		239,352		359,748		236,414	349,599	229,153
	Weighted average common shares outstanding (denominator)		11,592,638		10,949,679		11,970,066		11,316,233	11,741,305	11,105,710
	Net income per common share:
	Basic		2.05		2.14		5.83		6.1	9.36	9.8
	Diluted		1.98		2.1		5.65		5.98	9.08	9.6
	The corrections have no impact on the Company’s consolidated balance sheets, net income, consolidated statement of comprehensive income, consolidated statements of shareholders equity, or consolidated statements of cash flows.

STOCKBASED_COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION
	Stock Option Plans
	The Company has a 2002 Stock Option Plan, a 2005 Stock Option Plan, a 2008 Stock Option Plan, and a 2011 Stock Option Plan for the benefit of certain directors, officers, and key employees.  Under these plans, a total of 4,100,000 shares of authorized common stock have been reserved for issuance pursuant to grants approved by the Compensation and Stock Option Committee of the Board of Directors.  Stock options granted under these plans have a maximum duration of 10 years, may be subject to certain vesting requirements, which are generally five years for officers, directors, and key employees, and are priced at the market value of the Company's common stock on the date of grant of the option.  At December 31, 2014, there were a total of 195,808 shares available for grant under the plans.
	Stock-based compensation is recognized as provided under FASB ASC Topic 718-10 and FASB ASC Topic 505-50.  FASB ASC Topic 718-10 requires all share-based payments to employees, including grants of employee stock options, to be recognized as compensation expense over the requisite service period (generally the vesting period) in the consolidated financial statements based on their grant date fair values. The impact of forfeitures that may occur prior to vesting is also estimated and considered in the amount recognized. The Company has applied the Black-Scholes valuation model in determining the grant date fair value of the stock option awards.  Compensation expense is recognized only for those options expected to vest, with forfeitures estimated based on historical experience and future expectations.
	The weighted-average fair value at the grant date for options issued during the three and nine months ended December 31, 2014 were $34.38 and $34.53. The weighted-average fair value at the grant date for options issued during the three and nine months ended December 31, 2013 was $44.41. This fair value was estimated at grant date using the weighted-average assumptions listed below.
		Three months ended December 31,				Nine months ended December 31,
		2014		2013		2014		2013
	Dividend Yield	—%		—%		—%		—%
	Expected Volatility	44.53%		54.62%		44.67%		54.62%
	Average risk-free rate	1.77%		1.52%		1.77%		1.52%
	Expected Life	6.1 years		5.5 years		6.1 years		5.5 years
	The expected stock price volatility is based on the historical volatility of the Company's stock for a period approximating the expected life. The expected life represents the period of time that options are expected to be outstanding after the grant date. The risk-free rate reflects the interest rate at grant date on zero coupon U.S. governmental bonds having a remaining life similar to the expected option term.
	Option activity for the nine months ended December 31, 2014 was as follows:
		Shares			Weighted Average Exercise				Weighted Average		Aggregate Intrinsic Value
					Price				Remaining
									Contractual Term
	Options outstanding, beginning of period	1,096,000			$	63.81
	Granted during period	192,525			76.56
	Exercised during period	(72,400	)		35.08
	Forfeited during period	(36,290	)		69.06
	Expired during period	(750	)		67.31
	Options outstanding, end of period	1,179,085			$	67.5			7.48		$	16,062,563
	Options exercisable, end of period	429,797			$	55.53			5.88		$	10,651,453
	The aggregate intrinsic value reflected in the table above represents the total pre-tax intrinsic value (the difference between the closing stock price on December 31, 2014 and the exercise price, multiplied by the number of in-the-money options) that would have been received by option holders had all option holders exercised their options  as of  December 31, 2014.  This amount will change as the stock’s market price changes.  The total intrinsic value of options exercised during the periods ended December 31, 2014 and 2013 was as follows:
		December 31,				December 31,
		2014				2013
	Three months ended	$	2,534,147			$	6,821,396
	Nine months ended	$	2,973,627			$	8,972,609
	As of December 31, 2014, total unrecognized stock-based compensation expense related to non-vested stock options amounted to approximately $19.7 million, which is expected to be recognized over a weighted-average period of approximately 3.6 years.
	Restricted Stock
	During Fiscal 2014 and 2013 the Company granted 8,590 and 70,800 Group A performance based restricted stock awards to certain officers. As of December 31, 2014, 60,390 remain unforfeited. Group A awards will vest on April 30, 2015 based on the Company's achievement of the following performance goals as of March 31, 2015:
	EPS Target		Restricted Shares Eligible for Vesting (Percentage of Award)
	$10.29		100%
	$9.76		67%
	$9.26		33%
	Below $9.26		0%
	During Fiscal 2014 and 2013 the Company granted 56,660 and 443,700 Group B performance based restricted stock awards to certain officers. As of December 31, 2014, 373,360 remain unforfeited. Group B awards will vest as follows, if the Company achieves the following performance goals during any successive trailing four quarters during the measurement period ending on March 31, 2017:
	Trailing 4 quarter EPS Target		Restricted Shares Eligible for Vesting (Percentage of Award)
	$13.00		25%
	$14.50		25%
	$16.00		25%
	$18.00		25%
	On November 7, 2011, the Company granted 15,077 shares of restricted stock (which are equity classified), with a grant date fair value of $67.70 per share, to certain executive officers.  One-third of the restricted stock vested immediately, one-third vested on November 7, 2012, and 3,249 , net of forfeits, vested on November 7, 2013, respectively.  On that same date, the Company granted an additional 24,200 shares of restricted stock (which are equity classified), with a grant date fair value of $67.70 per share, to certain officers.  One-third of the restricted stock vested on November 7, 2012, and one-third of the restricted stock vested on November 7, 2013 and one-third of the restricted stock vested on November 7, 2014, respectively.  On that same date, the Company granted an additional 11,139 shares of restricted stock (which are equity classified), with a grant date fair value of $67.70 per share, to certain executive officers.  The remaining unforfeited 5,223 shares vested on April 30, 2014 based on the Company’s compounded annual EPS growth according to the following schedule:
	Vesting Percentage		Compounded Annual EPS Growth
	100%		15% or higher
	67%		12% - 14.99%
	33%		10% - 11.99%
	0%		Below 10%
	Compensation expense related to restricted stock is based on the number of shares expected to vest and the fair market value of the common stock on the grant date.  The Company recognized approximately $2.0 million and $0.3 million of compensation expense for the three months ended December 31, 2014 and December 31, 2013, respectively, and recognized approximately $6.0 million and $4.4 million of compensation expense for the nine months ended December 31, 2014 and December 31, 2013, respectively, which is included as a component of general and administrative expenses in the Company’s Consolidated Statements of Operations.
	As of December 31, 2014, there was approximately $11.9 million of unrecognized compensation cost related to unvested performance based restricted stock awards, which is expected to be recognized over the next 1.8 years based on current estimates. In addition there was approximately $6.7 million of unrecognized compensation cost related to unvested performance based restricted stock awards, which are not expected to vest based on current estimates. If these estimates change, the $6.7 million will be expensed, accordingly, in future periods.
	A summary of the status of the Company’s restricted stock as of December 31, 2014, and changes during the nine months ended December 31, 2014, are presented below:
		Shares			Weighted Average Fair Value at Grant Date
	Outstanding at March 31, 2014	461,959			$	76.49
	Granted during the period	—			—
	Vested during the period	(12,615	)		67.7
	Forfeited during the period	(15,594	)		73.84
	Outstanding at December 31, 2014	433,750			$	76.84
	Total share-based compensation included as a component of net income during the periods ended December 31, 2014 and 2013 was as follows:
		Three months ended December 31,							Nine months ended December 31,
		2014				2013			2014				2013
	Share-based compensation related to equity classified awards:
	Share-based compensation related to stock options	$	2,645,017			2,884,602			$	6,538,234			8,024,370
	Share-based compensation related to restricted stock units	2,018,775				257,758			5,969,533				4,364,474
	Total share-based compensation related to equity classified awards	$	4,663,792			3,142,360			$	12,507,767			12,388,844

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS
	The Company evaluates each acquisition to determine if the acquired enterprise meets the definition of a business.  Those acquired enterprises that meet the definition of a business are accounted for as a business combination under FASB ASC Topic 805-10 and all other acquisitions are accounted for as asset purchases.  All acquisitions have been from independent third parties.
	The following table sets forth the acquisition activity of the Company for the nine months ended December 31, 2014 and 2013:
		2014		2013
	Number of business combinations	2		1
	Number of asset purchases	2		6
	Total acquisitions	4		7
	Purchase Price	$	1,724,901	1,055,986
	Tangible assets:
	Net loans	1,348,037		773,049
	Furniture, fixtures & equipment	4,000		1,500
		1,352,037		774,549
	Excess of purchase prices over carrying value of net tangible assets	$	372,864	281,437
	Customer lists	198,533		175,598
	Non-compete agreements	20,000		35,000
	Goodwill	154,331		70,839
	Total intangible assets	$	372,864	281,437
	When the acquisition results in a new office, the Company records the transaction as a business combination, since the office acquired will continue to generate loans. The Company typically retains the existing employees and the office location.  The purchase price is allocated to the estimated fair value of the tangible assets acquired and to the estimated fair value of the identified intangible assets acquired (generally non-compete agreements and customer lists).  The remainder is allocated to goodwill.  During the nine months ended December 31, 2014, two acquisitions were recorded as business combinations.
	When the acquisition is of a portfolio of loans only, the Company records the transaction as an asset purchase. In an asset purchase, no goodwill is recorded.  The purchase price is allocated to the estimated fair value of the tangible and intangible assets acquired.  There were two acquisitions recorded as asset acquisitions during the nine months ended December 31, 2014.
	The Company’s acquisitions include tangible assets (generally loans and furniture and equipment) and intangible assets (generally non-compete agreements, customer lists, and goodwill), both of which are recorded at their fair values, which are estimated pursuant to the processes described below.
	Acquired loans are valued at the net loan balance.  Given the short-term nature of these loans, generally eight months, and that these loans are priced at current rates, management believes the net loan balances approximate their fair value.
	Furniture and equipment are valued at the specific purchase price as agreed to by both parties at the time of acquisition, which management believes approximates their fair values.
	Non-compete agreements are valued at the stated amount paid to the other party for these agreements, which the Company believes approximates the fair value. The fair value of the customer lists is based on a valuation model that utilizes the Company’s historical data to estimate the value of any acquired customer lists.  In a business combination the remaining excess of the purchase price over the fair value of the tangible assets, customer list, and non-compete agreements is allocated to goodwill.  The offices the Company acquires are small privately owned offices, which do not have sufficient historical data to determine attrition.  The Company believes that the customers acquired have the same characteristics and perform similarly to its customers.  Therefore, the Company utilized the attrition patterns of its customers when developing the method.  This method is re-evaluated periodically.
	Customer lists are allocated at an office level and are evaluated for impairment at an office level when a triggering event occurs, in accordance with FASB ASC Topic 360-10-5.  If a triggering event occurs, the impairment loss to the customer list is generally the remaining unamortized customer list balance.  In most acquisitions, the original fair value of the customer list allocated to an office is less than $100,000, and management believes that in the event a triggering event were to occur, the impairment loss to an unamortized customer list would be immaterial.
	The results of all acquisitions have been included in the Company’s consolidated financial statements since the respective acquisition dates.  The pro forma impact of these purchases as though they had been acquired at the beginning of the periods presented would not have a material effect on the consolidated results of operations as reported.

DEBT

DEBT	9 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
DEBT	DEBT
	The Company's notes payable consist of a $680.0 million senior notes payable revolving credit facility with borrowings of $592.0 million outstanding on the borrowing facility and a $380,000 standby letter of credit related to workers compensation is outstanding at December 31, 2014. To the extent that the letter of credit is drawn upon, the disbursement will be funded by the credit facility. There are no amounts due related to the letter of credit as of December 31, 2014 and it expires on December 31, 2015. Subject to a borrowing base formula, the Company may borrow at the rate of LIBOR plus 3.0% with a minimum of 4.0%.  At December 31, 2014 and March 31, 2014, the Company’s effective interest rate, including the commitment fee, was 4.3% and 4.4%, respectively, and the unused amount available under the revolver at December 31, 2014 was $71.3 million. The Company also had $16.4 million that may become available under the revolving credit facility if it grows the net eligible finance receivables. The revolving credit facility has a commitment fee of 0.40% per annum on the unused portion of the commitment.  Under its terms, the revolving credit facility will reduce from $680.0 million to $630.0 million at June 15, 2015 and borrowings under the remaining $630.0 million revolving credit facility will mature on June 15, 2016.
	Substantially all of the Company’s assets are pledged as collateral for borrowings under the revolving credit agreement.

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES
	The Company is required to assess whether the earnings of our two Mexican foreign subsidiaries, Servicios World Acceptance Corporation de México, S. de R.L. de C.V. (“SWAC”) and WAC de México, S.A. de C.V., SOFOM ENR (“WAC de Mexico”), will be permanently reinvested in the respective foreign jurisdiction or if previously untaxed foreign earnings of the Company will no longer be permanently reinvested and thus become taxable in the United States.  If these earnings were ever repatriated to the United States, the Company would be required to accrue and pay taxes on the cumulative undistributed earnings.  As of December 31, 2014, the Company has determined that approximately $1.7 million of cumulative undistributed net earnings of SWAC and approximately $18.6 million of cumulative undistributed net earnings of WAC de México, as well as the future net earnings and losses of both foreign subsidiaries, will be permanently reinvested.
	As of December 31, 2014 and March 31, 2014, the Company had $7.6 million and $6.4 million, respectively, of total gross unrecognized tax benefits including interest.  Approximately $5.8 million and $4.6 million, respectively, represent the amount of net unrecognized tax benefits that are permanent in nature and, if recognized, would affect the annual effective tax rate. At December 31, 2014, approximately $4.4 million of gross unrecognized tax benefits are expected to be resolved during the next twelve months through the expiration of the statute of limitations and settlement with taxing authorities. The Company’s continuing practice is to recognize interest and penalties related to income tax matters in income tax expense.  As of December 31, 2014, the Company had $822,000 accrued for gross interest, of which $356,000 was a current period-end expense for the nine months ended December 31, 2014.
	The Company is subject to U.S. and Mexican income taxes as well as income taxation by various other state and local jurisdictions.  With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2011, although carry forward attributes that were generated prior to 2011 may still be adjusted upon examination by the taxing authorities if they either have been or will be used in a future period.

LITIGATION

LITIGATION	9 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
LITIGATION	See Part 1, Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations-Regulatory Matters-CFPB Investigation,” for information regarding the Company’s previously disclosed receipt of a Civil Investigative Demand (“CID”) from the Consumer Financial Protection Bureau (“CFPB”) on March 12, 2014 and the Company’s response thereto.
	As previously disclosed, on April 22, 2014, a shareholder filed a putative class action complaint, Edna Selan Epstein v. World Acceptance Corporation et al., in the United States District Court for the District of South Carolina (case number 6:14-cv-01606), against the Company and certain of its current and former officers on behalf of all persons who purchased or otherwise acquired the Company’s common stock between April 25, 2013 and March 12, 2014. The complaint alleges that the Company made false and misleading statements in various SEC reports and other public statements in violation of federal securities laws preceding the Company’s disclosure in a Form 8-K filed March 13, 2014 that it had received above-referenced CID from the CFPB. The complaint seeks class certification, unspecified monetary damages, costs and attorneys’ fees. The Company believes the complaint is without merit and intends to vigorously defend itself in the matter. On June 25, 2014, the Company filed a motion to dismiss the complaint. On August 12, 2014, lead plaintiff Operating Engineers Construction Industry and Miscellaneous Pension Fund filed an amended complaint. The amended complaint contains similar allegations to the original complaint, but expands the class period and includes additional allegations that the Company’s loan growth and volume figures were inflated because of a weakness in the Company’s internal controls relating to its accounting treatment of certain small-dollar loan re-financings. The Company filed a motion to dismiss the amended complaint on September 16, 2014. On October 21, 2014, the Plaintiff filed a response in opposition to the Company’s motion to dismiss the amended complaint. The Company filed a reply brief in support of its motion to dismiss on November 17, 2014 and is awaiting a decisions from the Court on its motion to dismiss.
	In addition, from time to time the Company is involved in routine litigation matters relating to claims arising out of its operations in the normal course of business, including matters in which damages in various amounts are claimed.
	Estimating an amount or range of possible losses resulting from litigation, government actions and other legal proceedings is inherently difficult and requires an extensive degree of judgment, particularly where the matters involve indeterminate claims for monetary damages, may involve fines, penalties or damages that are discretionary in amount, involve a large number of claimants or significant discretion by regulatory authorities, represent a change in regulatory policy or interpretation, present novel legal theories, are in the early stages of the proceedings, are subject to appeal or could result in a change in business practices. In addition, because most legal proceedings are resolved over extended periods of time, potential losses are subject to change due to, among other things, new developments, changes in legal strategy, the outcome of intermediate procedural and substantive rulings and other parties’ settlement posture and their evaluation of the strength or weakness of their case against us. For these reasons, we are currently unable to predict the ultimate timing or outcome of, or reasonably estimate the possible losses or a range of possible losses resulting from, the matters described above. Based on information currently available, the Company does not believe that any reasonably possible losses arising from currently pending legal matters will be material to the Company’s results of operations or financial condition. However, in light of the inherent uncertainties involved in such matters, an adverse outcome in one or more of these matters could materially and adversely affect the Company’s financial condition, results of operations or cash flows in any particular reporting period.

FAIR_VALUE_Tables

FAIR VALUE (Tables)	9 Months Ended
	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	The carrying amount and estimated fair values of the Company’s financial instruments summarized by level are as follows:
		December 31, 2014				March 31, 2014
		Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
	ASSETS
	Level 1 inputs
	Cash and cash equivalents	$	16,777,536	$	16,777,536	$	19,569,683	$	19,569,683
	Level 3 inputs
	Loans receivable, net	832,606,826		832,606,826		750,664,875		750,664,875
	LIABILITIES
	Level 3 inputs
	Senior notes payable	591,950,000		591,950,000		505,500,000		505,500,000

ALLOWANCE_FOR_LOAN_LOSSES_Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	9 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Summary of changes in the allowance for loan losses	The following is a summary of the changes in the allowance for loan losses for the periods indicated:
		Three months ended December 31,					Nine months ended December 31,
		2014			2013		2014			2013
	Balance at beginning of period	$	81,817,578		67,608,005		$	63,254,940		59,980,842
	Provision for loan losses	38,292,746			41,115,932		105,346,744			108,006,774
	Loan losses	(37,978,106		)	(37,278,133	)	(93,210,529		)	(102,654,004	)
	Recoveries	3,589,412			3,117,923		10,616,382			9,565,901
	Translation adjustment	(703,131		)	38,518		(989,038		)	(297,268	)
	Balance at end of period	$	85,018,499		74,602,245		$	85,018,499		74,602,245
Summary of loans individually and collectively evaluated for impairment	The following is a summary of loans individually and collectively evaluated for impairment for the period indicated:
	December 31, 2014	Loans individually			Loans collectively		Total
		evaluated for			evaluated for
		impairment			impairment
		(impaired loans)
	Bankruptcy, gross loans	$	6,269,715		—		6,269,715
	91 days or more delinquent, excluding bankruptcy	55,570,991			—		55,570,991
	Loans less than 91 days delinquent and not in bankruptcy	—			1,200,777,265		1,200,777,265
	Gross loan balance	61,840,706			1,200,777,265		1,262,617,971
	Unearned interest and fees	(16,463,051		)	(328,529,595	)	(344,992,646	)
	Net loans	45,377,655			872,247,670		917,625,325
	Allowance for loan losses	(45,377,655		)	(39,640,844	)	(85,018,499	)
	Loans, net of allowance for loan losses	$	—		832,606,826		832,606,826
	March 31, 2014	Loans individually			Loans collectively		Total
		evaluated for			evaluated for
		impairment			impairment
		(impaired loans)
	Bankruptcy, gross loans	$	5,878,825		—		5,878,825
	91 days or more delinquent, excluding bankruptcy	28,186,637			—		28,186,637
	Loans less than 91 days delinquent and not in bankruptcy	—			1,078,241,873		1,078,241,873
	Gross loan balance	34,065,462			1,078,241,873		1,112,307,335
	Unearned interest and fees	(7,269,147		)	(291,118,373	)	(298,387,520	)
	Net loans	26,796,315			787,123,500		813,919,815
	Allowance for loan losses	(26,796,315		)	(36,458,625	)	(63,254,940	)
	Loans, net of allowance for loan losses	$	—		750,664,875		750,664,875
	December 31, 2013	Loans individually			Loans collectively		Total
		evaluated for			evaluated for
		impairment			impairment
		(impaired loans)
	Bankruptcy, gross loans	$	5,751,373		—		5,751,373
	91 days or more delinquent, excluding bankruptcy	33,175,053			—		33,175,053
	Loans less than 91 days delinquent and not in bankruptcy	—			1,225,131,885		1,225,131,885
	Gross loan balance	38,926,426			1,225,131,885		1,264,058,311
	Unearned interest and fees	(9,029,631		)	(338,303,927	)	(347,333,558	)
	Net loans	29,896,795			886,827,958		916,724,753
	Allowance for loan losses	(29,896,795		)	(44,705,450	)	(74,602,245	)
	Loans, net of allowance for loan losses	$	—		842,122,508		842,122,508
Assessment of the credit quality	The following is an assessment of the credit quality for the period indicated:
		December 31,			March 31,		December 31,
		2014			2014		2013
	Credit risk
	Consumer loans- non-bankrupt accounts	$	1,256,348,256		1,106,428,510		1,258,306,938
	Consumer loans- bankrupt accounts	6,269,715			5,878,825		5,751,373
	Total gross loans	$	1,262,617,971		1,112,307,335		1,264,058,311
	Consumer credit exposure
	Credit risk profile based on payment activity, performing	$	1,177,925,160		1,053,037,073		1,200,269,825
	Contractual non-performing, 61 or more days delinquent	84,692,811			59,270,262		63,788,486
	Total gross loans	$	1,262,617,971		1,112,307,335		1,264,058,311
	Delinquent refinance	$	27,027,353		22,907,734		25,549,569
	Credit risk profile based on customer type
	New borrower	$	189,297,996		151,025,603		187,601,560
	Former borrower	131,854,445			102,514,264		119,609,101
	Refinance	914,438,177			835,859,734		931,298,081
	Delinquent refinance	27,027,353			22,907,734		25,549,569
	Total gross loans	$	1,262,617,971		1,112,307,335		1,264,058,311
Summary of the past due receivables	The following is a summary of the past due receivables as of:
		December 31,			March 31,		December 31,
		2014			2014		2013
	Contractual basis:
	30-60 days past due	$	44,649,718		37,713,414		45,956,945
	61-90 days past due	28,227,745			30,607,515		30,224,306
	91 days or more past due	56,465,066			28,662,747		33,564,180
	Total	$	129,342,529		96,983,676		109,745,431
	Percentage of period-end gross loans receivable	10.2		%	8.7	%	8.7	%

AVERAGE_SHARE_INFORMATION_Tabl

AVERAGE SHARE INFORMATION (Tables)	9 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Summary of basic and diluted average common shares outstanding	The following is a summary of the basic and diluted average common shares outstanding:
		Three months ended December 31,				Nine months ended December 31,
		2014		2013		2014		2013
	Basic:
	Weighted average common shares outstanding (denominator)	9,043,190		10,710,327		9,225,205		11,079,819
	Diluted:
	Weighted average common shares outstanding	9,043,190		10,710,327		9,225,205		11,079,819
	Dilutive potential common shares stock options	165,618		239,352		165,828		236,414
	Weighted average diluted shares outstanding (denominator)	9,208,808		10,949,679		9,391,033		11,316,233
Schedule of Error Corrections and Prior Period Adjustments	In connection with the preparation of the consolidated financial statements for the three and six month periods ended September 30, 2014, errors in the computation and disclosure of earnings per share were identified. These errors resulted from the inclusion of restricted stock as outstanding in the basic weighted average common shares outstanding, as well as the inclusion of performance based restricted stock that had not met the necessary performance conditions as of the end of the reporting period as dilutive in the calculation of weighted average diluted shares outstanding.
	The Company evaluated the materiality of these errors in accordance with SEC Staff Accounting Bulletin No. 99, Materiality, SEC Staff Accounting Bulletin No. 108, Considering the Effects of Prior Year Misstatements When Quantifying Misstatements in Current Year Financial Statements, and Accounting Standards Codification 250, Accounting for Changes and Error Corrections, and concluded that these errors, individually and in the aggregate, were immaterial to all prior periods impacted. While the adjustments were immaterial, the Company has elected to revise its previously reported basic and diluted earnings per share as shown in the following table:
			Three months ended December 31, 2013				Nine months ended December 31, 2013			Year Ended March 31, 2014
			As Reported		As Revised		As Reported		As Revised	As Reported	As Revised
	Net income (numerator)		22,953,905		22,953,905		67,630,875		67,630,875	106,607,932	106,607,932
	Basic:
	Weighted average common shares outstanding (denominator)		11,203,826		10,710,327		11,610,318		11,079,819	11,391,706	10,876,557
	Diluted:
	Weighted average common shares outstanding		11,203,826		10,710,327		11,610,318		11,079,819	11,391,706	10,876,557
	Dilutive potential restricted stock and stock options		388,812		239,352		359,748		236,414	349,599	229,153
	Weighted average common shares outstanding (denominator)		11,592,638		10,949,679		11,970,066		11,316,233	11,741,305	11,105,710
	Net income per common share:
	Basic		2.05		2.14		5.83		6.1	9.36	9.8
	Diluted		1.98		2.1		5.65		5.98	9.08	9.6

STOCKBASED_COMPENSATION_Tables

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Tabular disclosure of performance shares vesting based on EPS targets [Table Text Block]	Group B awards will vest as follows, if the Company achieves the following performance goals during any successive trailing four quarters during the measurement period ending on March 31, 2017:
	Trailing 4 quarter EPS Target		Restricted Shares Eligible for Vesting (Percentage of Award)
	$13.00		25%
	$14.50		25%
	$16.00		25%
	$18.00		25%
	Group A awards will vest on April 30, 2015 based on the Company's achievement of the following performance goals as of March 31, 2015:
	EPS Target		Restricted Shares Eligible for Vesting (Percentage of Award)
	$10.29		100%
	$9.76		67%
	$9.26		33%
	Below $9.26		0%
Summary schedule of stock option activity	ption activity for the nine months ended December 31, 2014 was as follows:
		Shares		Weighted Average Exercise			Weighted Average		Aggregate Intrinsic Value
				Price			Remaining
							Contractual Term
	Options outstanding, beginning of period	1,096,000		$	63.81
	Granted during period	192,525		76.56
	Exercised during period	(72,400	)	35.08
	Forfeited during period	(36,290	)	69.06
	Expired during period	(750	)	67.31
	Options outstanding, end of period	1,179,085		$	67.5		7.48		$	16,062,563
	Options exercisable, end of period	429,797		$	55.53		5.88		$	10,651,453
Intrinsic value of options exercised	The total intrinsic value of options exercised during the periods ended December 31, 2014 and 2013 was as follows:
		December 31,			December 31,
		2014			2013
	Three months ended	$	2,534,147		$	6,821,396
	Nine months ended	$	2,973,627		$	8,972,609
Shares vesting based on the compounded annual EPS growth
	Vesting Percentage		Compounded Annual EPS Growth
	100%		15% or higher
	67%		12% - 14.99%
	33%		10% - 11.99%
	0%		Below 10%
Summary of the status and changes restricted stock	A summary of the status of the Company’s restricted stock as of December 31, 2014, and changes during the nine months ended December 31, 2014, are presented below:
		Shares		Weighted Average Fair Value at Grant Date
	Outstanding at March 31, 2014	461,959		$	76.49
	Granted during the period	—		—
	Vested during the period	(12,615	)	67.7
	Forfeited during the period	(15,594	)	73.84
	Outstanding at December 31, 2014	433,750		$	76.84
Share-based compensation included as a component of net income	Total share-based compensation included as a component of net income during the periods ended December 31, 2014 and 2013 was as follows:
		Three months ended December 31,					Nine months ended December 31,
		2014			2013		2014				2013
	Share-based compensation related to equity classified awards:
	Share-based compensation related to stock options	$	2,645,017		2,884,602		$	6,538,234			8,024,370
	Share-based compensation related to restricted stock units	2,018,775			257,758		5,969,533				4,364,474
	Total share-based compensation related to equity classified awards	$	4,663,792		3,142,360		$	12,507,767			12,388,844

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	9 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Acquisition activity	ACQUISITIONS
	The Company evaluates each acquisition to determine if the acquired enterprise meets the definition of a business.  Those acquired enterprises that meet the definition of a business are accounted for as a business combination under FASB ASC Topic 805-10 and all other acquisitions are accounted for as asset purchases.  All acquisitions have been from independent third parties.
	The following table sets forth the acquisition activity of the Company for the nine months ended December 31, 2014 and 2013:
		2014		2013
	Number of business combinations	2		1
	Number of asset purchases	2		6
	Total acquisitions	4		7
	Purchase Price	$	1,724,901	1,055,986
	Tangible assets:
	Net loans	1,348,037		773,049
	Furniture, fixtures & equipment	4,000		1,500
		1,352,037		774,549
	Excess of purchase prices over carrying value of net tangible assets	$	372,864	281,437
	Customer lists	198,533		175,598
	Non-compete agreements	20,000		35,000
	Goodwill	154,331		70,839
	Total intangible assets	$	372,864	281,437
	When the acquisition results in a new office, the Company records the transaction as a business combination, since the office acquired will continue to generate loans. The Company typically retains the existing employees and the office location.  The purchase price is allocated to the estimated fair value of the tangible assets acquired and to the estimated fair value of the identified intangible assets acquired (generally non-compete agreements and customer lists).  The remainder is allocated to goodwill.  During the nine months ended December 31, 2014, two acquisitions were recorded as business combinations.
	When the acquisition is of a portfolio of loans only, the Company records the transaction as an asset purchase. In an asset purchase, no goodwill is recorded.  The purchase price is allocated to the estimated fair value of the tangible and intangible assets acquired.  There were two acquisitions recorded as asset acquisitions during the nine months ended December 31, 2014.
	The Company’s acquisitions include tangible assets (generally loans and furniture and equipment) and intangible assets (generally non-compete agreements, customer lists, and goodwill), both of which are recorded at their fair values, which are estimated pursuant to the processes described below.
	Acquired loans are valued at the net loan balance.  Given the short-term nature of these loans, generally eight months, and that these loans are priced at current rates, management believes the net loan balances approximate their fair value.
	Furniture and equipment are valued at the specific purchase price as agreed to by both parties at the time of acquisition, which management believes approximates their fair values.
	Non-compete agreements are valued at the stated amount paid to the other party for these agreements, which the Company believes approximates the fair value. The fair value of the customer lists is based on a valuation model that utilizes the Company’s historical data to estimate the value of any acquired customer lists.  In a business combination the remaining excess of the purchase price over the fair value of the tangible assets, customer list, and non-compete agreements is allocated to goodwill.  The offices the Company acquires are small privately owned offices, which do not have sufficient historical data to determine attrition.  The Company believes that the customers acquired have the same characteristics and perform similarly to its customers.  Therefore, the Company utilized the attrition patterns of its customers when developing the method.  This method is re-evaluated periodically.
	Customer lists are allocated at an office level and are evaluated for impairment at an office level when a triggering event occurs, in accordance with FASB ASC Topic 360-10-5.  If a triggering event occurs, the impairment loss to the customer list is generally the remaining unamortized customer list balance.  In most acquisitions, the original fair value of the customer list allocated to an office is less than $100,000, and management believes that in the event a triggering event were to occur, the impairment loss to an unamortized customer list would be immaterial.
	The results of all acquisitions have been included in the Company’s consolidated financial statements since the respective acquisition dates.  The pro forma impact of these purchases as though they had been acquired at the beginning of the periods presented would not have a material effect on the consolidated results of operations as reported.
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following table sets forth the acquisition activity of the Company for the nine months ended December 31, 2014 and 2013:
		2014		2013
	Number of business combinations	2		1
	Number of asset purchases	2		6
	Total acquisitions	4		7
	Purchase Price	$	1,724,901	1,055,986
	Tangible assets:
	Net loans	1,348,037		773,049
	Furniture, fixtures & equipment	4,000		1,500
		1,352,037		774,549
	Excess of purchase prices over carrying value of net tangible assets	$	372,864	281,437
	Customer lists	198,533		175,598
	Non-compete agreements	20,000		35,000
	Goodwill	154,331		70,839
	Total intangible assets	$	372,864	281,437

FAIR_VALUE_Details

FAIR VALUE (Details) (USD $)	9 Months Ended
	Dec. 31, 2014	Mar. 31, 2014
Fair Value Disclosures [Abstract]
Loans and Leases Receivable, Average Loan Period	8 months
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes payable	$591,950,000	$505,500,000
Reported Value Measurement [Member] | Senior notes payable [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes payable	591,950,000	505,500,000
Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	16,777,536	19,569,683
Receivables, Fair Value Disclosure	832,606,826	750,664,875
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	16,777,536	19,569,683
Receivables, Fair Value Disclosure	$832,606,826	$750,664,875

ALLOWANCE_FOR_LOAN_LOSSES_Deta

ALLOWANCE FOR LOAN LOSSES (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
Allowance for Loan Losses [Roll Forward]
Balance at beginning of period	$81,817,578	$67,608,005	$63,254,940	$59,980,842
Provision for loan losses	38,292,746	41,115,932	105,346,744	108,006,774
Loan losses	-37,978,106	-37,278,133	-93,210,529	-102,654,004
Recoveries	3,589,412	3,117,923	10,616,382	9,565,901
Translation adjustment	-703,131	38,518	-989,038	-297,268
Balance at end of period	85,018,499	74,602,245	85,018,499	74,602,245
Summary of loans individually and collectively evaluated for impairment [Abstract]
Bankruptcy, gross loans	6,269,715	5,751,373	6,269,715	5,751,373	5,878,825
91 days or more delinquent, excluding bankruptcy	55,570,991	33,175,053	55,570,991	33,175,053	28,186,637
Loans less than 91 days delinquent and not in bankruptcy	1,200,777,265	1,225,131,885	1,200,777,265	1,225,131,885	1,078,241,873
Gross loan balance	1,262,617,971	1,264,058,311	1,262,617,971	1,264,058,311	1,112,307,335
Unearned interest and fees		-347,333,558		-347,333,558	-298,387,520
Net loans	917,625,325	916,724,753	917,625,325	916,724,753	813,919,815
Allowance for loan losses	-85,018,499	-74,602,245	-85,018,499	-74,602,245
Loans receivable, net	832,606,826	842,122,508	832,606,826	842,122,508	750,664,875
Loans individually evaluated for impairment (impaired loans) [Member]
Allowance for Loan Losses [Roll Forward]
Balance at beginning of period					26,796,315
Balance at end of period	45,377,655	29,896,795	45,377,655	29,896,795	26,796,315
Summary of loans individually and collectively evaluated for impairment [Abstract]
Bankruptcy, gross loans	6,269,715	5,751,373	6,269,715	5,751,373	5,878,825
91 days or more delinquent, excluding bankruptcy	55,570,991	33,175,053	55,570,991	33,175,053	28,186,637
Loans less than 91 days delinquent and not in bankruptcy	0	0	0	0	0
Gross loan balance	61,840,706	38,926,426	61,840,706	38,926,426	34,065,462
Unearned interest and fees	-16,463,051	-9,029,631	-16,463,051	-9,029,631	-7,269,147
Net loans	45,377,655	29,896,795	45,377,655	29,896,795	26,796,315
Allowance for loan losses	-45,377,655	-29,896,795	-45,377,655	-29,896,795	-26,796,315
Loans receivable, net	0	0	0	0	0
Loans collectively evaluated for impairment [Member]
Allowance for Loan Losses [Roll Forward]
Balance at beginning of period					36,458,625
Balance at end of period	39,640,844	44,705,450	39,640,844	44,705,450	36,458,625
Summary of loans individually and collectively evaluated for impairment [Abstract]
Bankruptcy, gross loans	0	0	0	0	0
91 days or more delinquent, excluding bankruptcy	0	0	0	0	0
Loans less than 91 days delinquent and not in bankruptcy	1,200,777,265	1,225,131,885	1,200,777,265	1,225,131,885	1,078,241,873
Gross loan balance	1,200,777,265	1,225,131,885	1,200,777,265	1,225,131,885	1,078,241,873
Unearned interest and fees	-328,529,595	-338,303,927	-328,529,595	-338,303,927	-291,118,373
Net loans	872,247,670	886,827,958	872,247,670	886,827,958	787,123,500
Allowance for loan losses	-39,640,844	-44,705,450	-39,640,844	-44,705,450	-36,458,625
Loans receivable, net	$832,606,826	$842,122,508	$832,606,826	$842,122,508	$750,664,875

ALLOWANCE_FOR_LOAN_LOSSES_Asse

ALLOWANCE FOR LOAN LOSSES (Assessment of Credit Quality) (Details) (USD $)	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment [Line Items]
Gross loan balance	$1,262,617,971	$1,112,307,335	$1,264,058,311
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	84,692,811	59,270,262	63,788,486
New borrower [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loan balance	189,297,996	151,025,603	187,601,560
Former borrower [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loan balance	131,854,445	102,514,264	119,609,101
Refinance [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loan balance	914,438,177	835,859,734	931,298,081
Delinquent refinance [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loan balance	27,027,353	22,907,734	25,549,569
Consumer loans- non-bankrupt accounts [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loan balance	1,256,348,256	1,106,428,510	1,258,306,938
Consumer loans- bankrupt accounts [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loan balance	$6,269,715	$5,878,825	$5,751,373

ALLOWANCE_FOR_LOAN_LOSSES_Summ

ALLOWANCE FOR LOAN LOSSES (Summary of Past Due Receivables) (Details) (USD $)	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount, Consumer	$1,262,617,971	$1,112,307,335	$1,264,058,311
Contractual basis [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-60 days past due	44,649,718	37,713,414	45,956,945
61-90 days past due	28,227,745	30,607,515	30,224,306
91 days or more past due	56,465,066	28,662,747	33,564,180
Financing Receivable, Recorded Investment, Past Due	129,342,529	96,983,676	109,745,431
Percentage of period end gross loans receivable	10.20%	8.70%
Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount, Consumer	$1,177,925,160	$1,053,037,073	$1,200,269,825

AVERAGE_SHARE_INFORMATION_Deta

AVERAGE SHARE INFORMATION (Details) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
Basic:
Weighted average common shares outstanding (in shares)	9,043,190	10,710,327	9,225,205	11,079,819
Diluted:
Weighted average common shares outstanding (in shares)	9,043,190	10,710,327	9,225,205	11,079,819
Dilutive potential common shares stock options (in shares)	165,618	239,352	165,828	236,414
Weighted average diluted shares outstanding (in shares)	9,208,808	10,949,679	9,391,033	11,316,233
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	558,620	119,538	595,724	376,177
Net Income (Loss) Attributable to Parent	$18,489,999	$22,953,905	$62,318,675	$67,630,875	$106,607,932
Earnings Per Share, Basic	$2.04	$2.14	$6.76	$6.10
Earnings Per Share, Diluted	$2.01	$2.10	$6.64	$5.98
Scenario, Previously Reported
Basic:
Weighted average common shares outstanding (in shares)		11,203,826		11,610,318	11,391,706
Diluted:
Weighted average common shares outstanding (in shares)		11,203,826		11,610,318	11,391,706
Dilutive potential common shares stock options (in shares)		388,812		359,748	349,599
Weighted average diluted shares outstanding (in shares)		11,592,638		11,970,066	11,741,305
Earnings Per Share, Basic		$0		$0	$0
Earnings Per Share, Diluted		$0		$0	$0
Scenario, Actual
Basic:
Weighted average common shares outstanding (in shares)		10,710,327		11,079,819	10,876,557
Diluted:
Weighted average common shares outstanding (in shares)		10,710,327		11,079,819	10,876,557
Dilutive potential common shares stock options (in shares)		239,352		236,414	229,153
Weighted average diluted shares outstanding (in shares)		10,949,679		11,316,233	11,105,710
Earnings Per Share, Basic		$0		$0	$0
Earnings Per Share, Diluted		$0		$0	$0

STOCKBASED_COMPENSATION_Detail

STOCK-BASED COMPENSATION (Details) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended	1 Months Ended		0 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Nov. 30, 2011	Nov. 30, 2010	Nov. 07, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0.00%	0.00%	0.00%	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	44.53%	54.62%	44.67%	54.62%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	1.77%	1.52%	1.77%	1.52%
Stock Option Plans [Abstract]
Weighted-average fair value at the grant date	$34.38	$36.04	$34.53	$44.41
Options Activity [Roll Forward]
Exercised (in shares)			-72,400		-265,365
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Compensation related to stock option and restricted stock plans			$12,203,949	$11,596,771
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	6 years 1 month 14 days	5 years 6 months	6 years 1 month 14 days	5 years 6 months
Group B Performance Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross			56,660	443,700
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures			373,360
Stock Options Plans [Member]
Stock Option Plans [Abstract]
Shares of authorized common stock reserved for issuance (in shares)	4,100,000		4,100,000
Number of shares available for grant (in shares)	195,808		195,808
Options Activity [Roll Forward]
Options outstanding, beginning of year (in shares)			1,096,000
Granted (in shares)			192,525
Exercised (in shares)			-72,400
Forfeited (in shares)			-36,290
Expired (in shares)			-750
Options outstanding, end of period (in shares)	1,179,085		1,179,085
Options exercisable, end of period (in shares)	429,797		429,797
Weighted Average Exercise Price [Roll Forward]
Options outstanding, beginning of year (in dollars per share)			$63.81
Granted (in dollars per share)			$76.56
Exercised (in dollars per share)			$35.08
Forfeited (in dollars per share)			$69.06
Expired (in dollars per share)			$67.31
Options outstanding, end of period (in dollars per share)	$67.50		$67.50
Options exercisable, end of period (in dollars per share)	$55.53		$55.53
Stock Option Activity Additional Disclosures [Abstract]
Weighted-average remaining contractual term, Options outstanding, end of period			7 years 5 months 23 days
Weighted-average remaining contractual terms, Options exercisable, end of period			5 years 10 months 17 days
Aggregate intrinsic value, Options outstanding, end of period	16,062,563		16,062,563
Aggregate intrinsic value, Options exercisable, end of period	10,651,453		10,651,453
Intrinsic value of options exercised	2,534,147	6,821,396	2,973,627	8,972,609
Compensation Cost Not yet Recognized [Abstract]
Total unrecognized stock-based compensation expense related to non-vested stock options	19,700,000		19,700,000
Weighted average period for recognition			3 years 6 months 20 days
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Weighted average period for recognition			3 years 6 months 20 days
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Compensation related to stock option and restricted stock plans	2,645,017	2,884,602	6,538,234	8,024,370
Group A Performance Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross			8,590	70,800
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures			60,390
Restricted Stock [Member]
Compensation Cost Not yet Recognized [Abstract]
Weighted average period for recognition			1 year 9 months 7 days
Restricted Stock [Abstract]
Awards granted (in shares)			0
Grant date fair value (in dollars per share)			$0
Ratio of restricted stock vesting immediately (in hundredths)						33.33%	33.33%
Ratio of restricted stock vesting after year one (in hundredths)						33.33%	33.33%
Ratio of restricted stock vesting after year two (in hundredths)						33.33%	33.33%
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Share-based Awards Other than Options	11,900,000		11,900,000
Weighted average period for recognition			1 year 9 months 7 days
Summary of the status and changes in restricted stock [Roll Forward]
Outstanding at March 31, 2012 (in shares)			461,959
Vested during the period, net of cancellations (in shares)			-12,615
Outstanding at June 30, 2012 (in shares)	433,750		433,750
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Outstanding at March 31, 2012 (in dollars per share)			$76.49
Grant date fair value (in dollars per share)			$0
Vested during the period, net of cancellations (in dollars per share)			$67.70
Cancelled during the period (in dollars per share)			$73.84
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited			-15,594
Outstanding at June 30, 2012 (in dollars per share)	$76.84		$76.84
Compensation related to stock option and restricted stock plans	2,018,775	257,758	5,969,533	4,364,474
Restricted Stock [Member] | 15% or higher [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			100.00%
Restricted Stock [Member] | 12% - 14.99% [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			67.00%
Restricted Stock [Member] | 10% - 11.99% [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			33.00%
Restricted Stock [Member] | Below 10% [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			0.00%
Restricted Stock [Member] | Vesting Percentage 100% [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Compounded Annual EPS Growth, Minimum (in hundredths)			15.00%	15.00%
Restricted Stock [Member] | Vesting Percentage 67% [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Compounded Annual EPS Growth, Minimum (in hundredths)			12.00%	12.00%
Compounded Annual EPS Growth, Maximum (in hundredths)			14.99%	14.99%
Restricted Stock [Member] | Vesting Percentage 33% [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Compounded Annual EPS Growth, Minimum (in hundredths)			10.00%	10.00%
Compounded Annual EPS Growth, Maximum (in hundredths)			11.99%	11.99%
Restricted Stock [Member] | Vesting Percentage 0% [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Compounded Annual EPS Growth, Maximum (in hundredths)			10.00%	10.00%
Restricted Stock [Member] | Service Based Award [Member] | Officers [Member]
Summary of the status and changes in restricted stock [Roll Forward]
Awards granted (in shares)								24,200
Restricted Stock [Member] | Service Based Award [Member] | Executive Officers [Member]
Restricted Stock [Abstract]
Grant date fair value (in dollars per share)								67.7
Summary of the status and changes in restricted stock [Roll Forward]
Awards granted (in shares)								15,077
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Grant date fair value (in dollars per share)								67.7
Restricted Stock [Member] | Performance Based Awards [Member] | Executive Officers [Member]
Summary of the status and changes in restricted stock [Roll Forward]
Awards granted (in shares)								11,139
Vested during the period, net of cancellations (in shares)				-3,249	-5,223
Restricted Stock [Member] | EPS Target [Member] | $10.29 EPS [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			100.00%
EPS Target			10.29
Restricted Stock [Member] | EPS Target [Member] | $9.76 EPS [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			67.00%
EPS Target			9.76
Restricted Stock [Member] | EPS Target [Member] | $9.26 EPS [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			33.00%
EPS Target			9.26
Restricted Stock [Member] | EPS Target [Member] | Below $9.26 EPS [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			0.00%
Restricted Stock [Member] | Trailing Four Quarter EPS Target [Member] | $13.00 [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			25.00%
EPS Target			13
Restricted Stock [Member] | Trailing Four Quarter EPS Target [Member] | $14.50 [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			25.00%
EPS Target			14.5
Restricted Stock [Member] | Trailing Four Quarter EPS Target [Member] | $16.00 [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			25.00%
EPS Target			16
Restricted Stock [Member] | Trailing Four Quarter EPS Target [Member] | $18.00 [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Vesting Percentage (in hundredths)			25.00%
EPS Target			18
Equity Securities [Member]
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Compensation related to stock option and restricted stock plans	4,663,792	3,142,360	12,507,767	12,388,844
Performance Shares [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Unrecognized compensation cost related to unvested restricted stock awards granted	6,700,000		6,700,000
Maximum [Member] | Stock Options Plans [Member]
Stock Option Plans [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			10 years
Vesting period			5 years
Maximum [Member] | Restricted Stock [Member] | EPS Target [Member] | Below $9.26 EPS [Member]
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
EPS Target			$9.26

ACQUISITIONS_Details

ACQUISITIONS (Details) (USD $)	9 Months Ended
	Dec. 31, 2014	Mar. 31, 2014
	acquisition	business_combination
	asset_purchase	asset_purchase
	business_combination	acquisition
Business Acquisition [Line Items]
Number of offices purchased	2	1
Merged into existing offices	2	6
Total acquisitions	4	7
Loans and Leases Receivable, Average Loan Period	8 months
Original fair value of customer list for an office acquisition, description	less than $100,000
Series of Business Acquisitions [Member]
Business Acquisition [Line Items]
Purchase Price	1,724,901	1,055,986
Business Combination, Acquired Receivables, Fair Value	1,348,037	773,049
Furniture, fixtures & equipment	4,000	1,500
Total tangible assets	1,352,037	774,549
Intangible Assets, Net (Including Goodwill)	372,864	281,437
Finite-Lived Customer Lists, Gross	198,533	175,598
Finite-Lived Noncompete Agreements, Gross	20,000	35,000
Goodwill, Fair Value Disclosure	154,331	70,839

DEBT_Details

DEBT (Details) (USD $)	9 Months Ended
	Dec. 31, 2014	Mar. 31, 2014
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$630,000,000
Letters of Credit Outstanding, Amount	380,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	680,000,000
Amount outstanding	592,000,000
Reference rate	LIBOR
Basis spread on variable rate (in hundredths)	3.00%
Debt instrument interest rate, minimum (in hundredths)	4.00%
Debt instrument effective interest rate (in hundredths)	4.30%	4.40%
Unused amount available	71,300,000
Line Of Credit Facility Additional Remaining Borrowing Capacity	$16,400,000
Commitment fee percentage (in hundredths)	0.40%
Expiration date	15-Jun-16

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	9 Months Ended
	Dec. 31, 2014	Mar. 31, 2014
	foreign_subsidiary
Income Tax Contingency [Line Items]
Number of foreign subsidiaries required to be assessed	2
Total gross unrecognized tax benefits including interest	$7,600,000	$6,400,000
Unrecognized tax benefits that are permanent in nature and, if recognized, would affect the annual effective tax rate	5,800,000	4,600,000
Gross unrecognized tax benefits expected to be resolved during the next 12 months through settlements with taxing authorities or the expiration of the statute of limitations	4,400,000
Accrued gross interest	822,000
Current period gross interest expense	356,000
Servicios World Acceptance Corporation de Mexico, S. de R.L. de C.V. [Member]
Income Tax Contingency [Line Items]
Cumulative undistributed net earnings permanently reinvested in Mexican foreign subsidiaries	1,700,000
WAC de Mexico, S.A. de C.V., SOFOM ENR [Member]
Income Tax Contingency [Line Items]
Cumulative undistributed net earnings permanently reinvested in Mexican foreign subsidiaries	$18,600,000