World Acceptance (WRLD) 10-K 26 May 22 2022 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Mar. 31, 2022	May 19, 2022	Sep. 30, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	000-19599
Entity Registrant Name	WORLD ACCEPTANCE CORPORATION
Entity Incorporation, State or Country Code	SC
Entity Tax Identification Number	57-0425114
Entity Address, Address Line One	104 S. Main St.
Entity Address, City or Town	Greenville
Entity Address, State or Province	SC
Entity Address, Postal Zip Code	29601
City Area Code	(864)
Local Phone Number	298-9800
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	WRLD
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 838,650,165
Entity Common Stock, Shares Outstanding		6,278,324
Documents Incorporated by Reference	Portions of the Registrant's definitive Proxy Statement pertaining to the 2022 Annual Meeting of Shareholders ("the Proxy Statement") to be filed pursuant to Regulation 14A are incorporated herein by reference into Part III hereof.
Entity Central Index Key	0000108385
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--03-31
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
	Mar. 31, 2022
Audit Information [Abstract]
Auditor Firm ID	49
Auditor Name	RSM US LLP
Auditor Location	Raleigh, North Carolina

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2022	Mar. 31, 2021
ASSETS
Cash and cash equivalents	$ 19,236,322	$ 15,746,454
Gross loans receivable	1,522,788,860	1,104,746,261
Less:
Unearned interest, insurance and fees	(403,030,844)	(279,364,584)
Allowance for credit losses	(134,242,862)	(91,722,288)
Loans receivable, net	985,515,154	733,659,389
Operating lease right‐of‐use assets, net	85,631,304	90,055,572
Finance lease right‐of‐use assets, net	607,512	1,013,901
Property and equipment, net	24,476,231	25,326,136
Deferred income taxes, net	39,801,457	24,992,742
Other assets, net	35,901,704	31,423,134
Goodwill	7,370,791	7,370,791
Intangible assets, net	19,756,114	23,537,517
Assets held for sale (Note 17)	0	1,143,528
Total assets	1,218,296,589	954,269,164
Liabilities:
Senior notes payable	396,972,746	405,007,500
Senior unsecured notes payable, net	295,393,991	0
Income taxes payable	7,384,169	11,575,861
Operating lease liability	87,399,049	91,132,722
Finance lease liability	80,067	585,353
Accounts payable and accrued expenses	58,042,139	41,040,287
Total liabilities	845,272,161	549,341,723
Commitments and contingencies (Notes 9 and 16)
Shareholders' equity:
Preferred stock, no par value Authorized 5,000,000, no shares issued or outstanding	0	0
#REF!	0	0
Additional paid-in capital	280,907,085	255,590,674
Retained earnings	92,117,343	149,336,767
Total shareholders' equity	373,024,428	404,927,441
Total liabilities and shareholders' equity	$ 1,218,296,589	$ 954,269,164

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2022	Mar. 31, 2021
Statement of Financial Position [Abstract]
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)	6,348,314	6,805,294
Common stock, shares outstanding (in shares)	6,348,314	6,805,294

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Revenues:
Interest and fee income	$ 485,666,579	$ 451,113,502	$ 508,326,771
Insurance and other income, net	96,720,966	74,419,765	81,702,244
Total revenues	582,387,545	525,533,267	590,029,015
Expenses:
Provision for credit losses	186,207,341	86,244,714	181,730,182
General and administrative expenses:
Personnel	183,058,343	184,620,515	203,774,574
Occupancy and equipment	52,084,641	56,160,268	54,237,835
Advertising	18,298,212	17,190,676	24,304,023
Amortization of intangible assets	5,010,275	5,474,240	5,010,626
Other	38,724,626	38,740,591	60,166,202
Total general and administrative expenses	297,176,097	302,186,290	347,493,260
Interest expense	33,424,788	25,698,836	25,896,130
Total expenses	516,808,226	414,129,840	555,119,572
Income before income taxes	65,579,319	111,403,427	34,909,443
Income taxes	11,659,482	23,120,599	6,751,965
Net income	$ 53,919,837	$ 88,282,828	$ 28,157,478
Net income per common share:
Basic (in dollars per share)	$ 8.88	$ 13.59	$ 3.66
Diluted (in dollars per share)	$ 8.47	$ 13.23	$ 3.54
Weighted average common shares outstanding:
Basic (in shares)	6,072,170	6,493,898	7,688,242
Diluted (in shares)	6,364,066	6,672,110	7,952,900

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)	Total	Impact of ASC 326 adoption	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained EarningsImpact of ASC 326 adoption
Beginning balance (shares) at Mar. 31, 2019			9,284,118
Beginning balance at Mar. 31, 2019	$ 552,116,625			$ 198,125,649	$ 353,990,976
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)			69,481
Proceeds from exercise of stock options	4,612,926			4,612,926
Common stock repurchases (in shares)			(1,520,679)
Common stock repurchases	(197,399,964)				(197,399,964)
Restricted common stock expense under stock option plan, net of cancellations (in shares)			(25,086)
Restricted common stock expense under stock option plan, net of cancellations	18,953,119			18,953,119
Stock option expense	5,522,883			5,522,883
Net income	28,157,478				28,157,478
Ending balance (shares) at Mar. 31, 2020			7,807,834
Ending balance at Mar. 31, 2020	411,963,067	$ (21,242,249)		227,214,577	184,748,490	$ (21,242,249)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)			165,237
Proceeds from exercise of stock options	12,268,554			12,268,554
Common stock repurchases (in shares)			(1,129,875)
Common stock repurchases	(102,452,302)				(102,452,302)
Restricted common stock expense under stock option plan, net of cancellations (in shares)			(37,902)
Restricted common stock expense under stock option plan, net of cancellations	12,302,869			12,302,869
Stock option expense	3,804,674			3,804,674
Net income	$ 88,282,828				88,282,828
Ending balance (shares) at Mar. 31, 2021	6,805,294		6,805,294
Ending balance at Mar. 31, 2021	$ 404,927,441			255,590,674	149,336,767
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)			154,699
Proceeds from exercise of stock options	12,805,646			12,805,646
Common stock repurchases (in shares)			(589,533)
Common stock repurchases	(111,139,261)				(111,139,261)
Restricted common stock expense under stock option plan, net of cancellations (in shares)			(22,146)
Restricted common stock expense under stock option plan, net of cancellations	9,036,852			9,036,852
Stock option expense	3,473,913			3,473,913
Net income	$ 53,919,837				53,919,837
Ending balance (shares) at Mar. 31, 2022	6,348,314		6,348,314
Ending balance at Mar. 31, 2022	$ 373,024,428			$ 280,907,085	$ 92,117,343

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Statement of Stockholders' Equity [Abstract]
Accounting Standards Update [Extensible List]			Accounting Standards Update 2016-13
Issuance of restricted common stock under stock option plan	$ 5,072,230	$ 3,173,735	$ 4,476,159

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Cash flow from operating activities:
Net income	$ 53,919,837	$ 88,282,828	$ 28,157,478
Adjustments to reconcile net income to net cash provided by operating activities:
Loss on assets held for sale	38,633	37,579	251,263
Amortization of intangible assets	5,010,275	5,474,240	5,010,626
Amortization of historic tax credits	3,930,753	1,736,384	868,192
Amortization of deferred loan costs	16,911,599	17,101,722	23,057,541
Amortization of debt issuance costs	1,095,325	659,292	517,499
Provision for credit losses	186,207,341	86,244,714	181,730,182
Depreciation	6,253,175	6,537,957	6,800,263
Amortization of finance leases	407,624	407,624	347,703
Loss on sale of property and equipment	419,975	2,812,404	339,259
Deferred income tax expense (benefit)	(14,808,715)	5,651,362	572,914
Compensation related to stock option and restricted stock plans, net of taxes and adjustments	17,582,995	19,281,278	28,952,161
Gain on sale of loans receivable	0	(24,667)	0
Gain on company-owned life insurance	(106,885)	(1,064,897)	0
Change in accounts:
Other assets, net	(8,193,529)	(4,234,933)	(8,959,922)
Income taxes payable and receivable	(4,191,692)	6,610,559	(6,584,895)
Accounts payable and accrued expenses	17,001,850	(18,258,393)	19,917,429
Net cash provided by operating activities	281,478,561	217,255,053	280,977,693
Cash flows from investing activities:
Increase in loans receivable, net	(445,343,593)	(46,445,094)	(206,539,808)
Net assets acquired from business combinations and asset acquisitions, primarily loans	(9,631,112)	(15,210,973)	(47,100,694)
Increase in intangible assets from acquisitions	(1,228,872)	(4,563,279)	(14,455,279)
Purchases of property and equipment	(6,070,414)	(11,683,858)	(11,277,779)
Proceeds from sale of property and equipment	245,935	346,943	284,869
Proceeds from the sale of assets held for sale	1,104,895	2,810,391	0
Proceeds from the sale of loans receivable	0	449,327	0
Proceeds from company-owned life insurance	0	1,997,279	0
Net cash used in investing activities	(460,923,161)	(72,299,264)	(279,088,691)
Cash flow from financing activities:
Borrowings from senior notes payable	515,315,246	310,984,250	540,691,400
Payments on senior notes payable	(523,350,000)	(357,076,750)	(341,531,400)
Issuance of senior unsecured notes payable	300,000,000	0	0
Loan costs associated with senior unsecured notes payable	(5,119,647)	0	0
Debt issuance costs associated with senior notes payable	0	(784,250)	(991,400)
Proceeds from exercise of stock options	12,805,646	12,268,554	4,612,926
Payments for taxes related to net share settlement of equity awards	(5,072,230)	(3,173,735)	(4,476,159)
Repurchase of common stock	(111,139,261)	(102,452,302)	(197,399,964)
Repayment of finance lease	(505,286)	(594,024)	(510,916)
Net cash provided by (used in) financing activities	182,934,468	(140,828,257)	394,487
Net change in cash and cash equivalents	3,489,868	4,127,532	2,283,489
Cash and cash equivalents at beginning of year	15,746,454	11,618,922	9,335,433
Cash and cash equivalents at end of year	19,236,322	15,746,454	11,618,922
Supplemental Disclosures:
Interest paid during the year	21,318,911	24,993,898	23,942,122
Income taxes paid during the year	$ 30,941,852	$ 14,857,555	$ 15,711,692

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies The Company's accounting and reporting policies are in accordance with GAAP and conform to general practices within the finance company industry. The following is a description of the more significant of these policies used in preparing the Consolidated Financial Statements. Nature of Operations The Company is a small-dollar consumer finance (installment loan) company headquartered in Greenville, South Carolina that offers short-term small loans, medium-term larger loans, related credit insurance products and ancillary products and services to individuals who have limited access to other sources of consumer credit. It also offers income tax return preparation services to its customer base and to others. As of March 31, 2022, the Company operated 1,167 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee, Texas, Utah, and Wisconsin. Branches in the aforementioned states operate under one of the following names: World Finance Corporation or World Finance. Principles of Consolidation The Consolidated Financial Statements include the accounts of World Acceptance Corporation and its wholly-owned subsidiaries (the “Company”). Subsidiaries consist of operating entities in various states and WAC Insurance Company, Ltd. (a captive reinsurance company established in fiscal 1994). All significant inter-company balances and transactions have been eliminated in consolidation. Use of Estimates in the Preparation of Consolidated Financial Statements The preparation of financial statements in conformity with 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 financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The most significant item subject to such estimates and assumptions that could materially change in the near term is the allowance for credit losses. Reclassification Certain prior period amounts have been reclassified to conform to the current presentation. Such reclassifications had no impact on previously reported net income or shareholders' equity. Business Segments The Company reports operating segments in accordance with FASB ASC Topic 280. Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assess performance. FASB ASC Topic 280 requires that a public enterprise report a measure of segment profit or loss, certain specific revenue and expense items, segment assets, information about the way that the operating segments were determined and other items. The Company has one reportable segment. The other revenue generating activities of the Company, including the sale of insurance products, income tax preparation, and the automobile club, are done within the existing branch network in conjunction with or as a complement to the lending operations. There is no discrete financial information available for these activities, and they do not meet the criteria under FASB ASC Topic 280 to be considered operating segments. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less from the date of original issuance to be cash equivalents. As of March 31, 2022 and 2021 the Company had $7.8 million and $7.0 million, respectively, in restricted cash associated with its captive insurance subsidiary that reinsures a portion of the credit insurance sold in connection with loans made by the Company. Loans and Interest and Fee Income The Company is licensed to originate consumer loans in the states of Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Utah, and Wisconsin. During fiscal 2022, 2021, and 2020 the Company originated loans generally ranging up to $6,000, with terms of 60 months or fewer. Experience indicates that a majority of the consumer loans are refinanced, and the Company accounts for the majority of the refinancings as new loans. Generally, a customer must make multiple payments in order to qualify for refinancing. Furthermore, the Company's lending policy has predetermined lending amounts so that in most cases a refinancing will result in advancing additional funds. The Company believes that the advancement of additional funds constitutes more than a minor modification to the terms of the existing loan if the present value of the cash flows under the terms of the new loan will be 10% or more of the present value of the remaining cash flows under the terms of the original loan. The following table sets forth information about our loan products for fiscal 2022: Minimum Origination Maximum Origination Minimum Term Maximum Term Small loans $ 500 $ 2,450 7 36 Large loans 2,500 25,000 9 60 Tax advance loans 500 5,000 8 8 Gross loans receivable at March 31, 2022 and 2021 consisted of the following: 2022 2021 Small loans $ 727,852,627 $ 620,959,979 Large loans 789,112,912 475,470,271 Tax advance loans 5,823,321 8,316,011 Total gross loans $ 1,522,788,860 $ 1,104,746,261 Fees received and direct costs incurred for the origination of loans are deferred and amortized to interest income over the contractual lives of the loans using the interest method. Unamortized amounts are recognized in income at the time that loans are refinanced or paid in full except for those refinancings that do not constitute a more than minor modification. Loans are carried at the gross amount outstanding, reduced by unearned interest and insurance income, net of deferred origination fees and direct costs, and an allowance for credit losses. Net unamortized deferred origination fees and costs were $6.9 million and $5.1 million as of March 31, 2022 and 2021, respectively. The Company recognizes interest and fee income using the interest method. Charges for late payments are credited to income when collected. With the exception of tax advance loans, which are interest free, the Company offers its loans at the prevailing statutory rates for terms not to exceed 60 months. Management believes that the carrying value approximates the fair value of its loan portfolio. Nonaccrual Policy The accrual of interest is discontinued when a loan is 61 days or more past the contractual due date. When the interest accrual is discontinued, all unpaid accrued interest is reversed against interest income. While a loan is on nonaccrual status, interest revenue is recognized only when a payment is received. Once a loan moves to nonaccrual status, it remains in nonaccrual status until it is paid out, charged off or refinanced. Allowance for Credit Losses Refer to Note 2, “Allowance for Credit Losses and Credit Quality Information”, for information regarding the Company's adoption of the CECL allowance model on April 1, 2020 and a description of the methodology it utilizes. Impaired Loans The Company defines impaired loans as bankrupt accounts and accounts 91 days or more past due on a recency basis. In accordance with the Company’s charge-off policy, once a loan is deemed uncollectible, 100% of the net investment is charged off, except in the case of a borrower who has filed for bankruptcy. As of March 31, 2022 and 2021, bankrupt accounts that had not been charged off were approximately $5.4 million and $3.2 million, respectively. Bankrupt accounts 91 days or more past due on a recency basis are reserved at 100% of the gross loan balance. The Company also considers any accounts 91 days or more past due on a recency basis to be impaired, and such accounts are reserved at 100% of the gross loan balance, less a rehab rate for defaulted loans that do not charge-off. Property and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation is recorded using the straight-line method over the estimated useful life of the related asset as follows: buildings, 25 to 40 years; furniture and fixtures, 5 to 10 years; equipment, 3 to 7 years; and vehicles, 3 years. Amortization of leasehold improvements is recorded using the straight-line method over the lesser of the estimated useful life of the asset, which is generally five years, or the lease term, which is generally three Leases For any new or modified lease, the Company, at the inception of the contract, determines whether a contract is or contains a lease. The Company records right-of-use ("ROU") assets and lease obligations for its finance and operating leases, which are initially recognized based on the discounted future lease payments over the term of the lease. The Company uses its effective annual interest rate as the discount rate when evaluating leases. Refer to Note 9, "Leases", for further discussion of the discount rate. Lease term is defined as the non-cancelable period of the lease plus any options to extend or terminate the lease when it is reasonably certain that the Company will exercise the option. The Company has elected not to recognize ROU asset and lease obligations for its short-term equipment leases, which are defined as leases with an initial term of 12 months or less. Further, the Company has elected to not separate lease from non-lease components. Variable lease costs include expenses such as common area maintenance, utilities, and repairs and maintenance. Other Assets Other assets include cash surrender value of life insurance policies, prepaid expenses, debt issuance costs related to the senior notes payable, and other deposits. Debt Issuance Costs In accordance with ASC 835, debt issuance costs related to the senior unsecured notes payable are presented as a direct deduction from its carrying value in the Consolidated Balance Sheets. Unamortized debt issuance costs related to the senior unsecured notes payable as of March 31, 2022 were $4.6 million. There were no debt issuance costs related to the senior unsecured notes payable as of March 31, 2021. As the Company intends to pay down the senior notes payable throughout the contractual arrangement, debt issuance costs related to this arrangement are presented as an asset within Other assets in the Consolidated Balance Sheets as discussed above. Unamortized debt issuance costs related to the senior notes payable as of March 31, 2022 and 2021 were $0.7 million and $1.3 million, respectively. Intangible Assets and Goodwill Intangible assets include the cost of acquiring existing customers ("customer lists"), and the fair value assigned to non-compete agreements. Customer lists are amortized on a straight line or accelerated basis over their estimated period of benefit, ranging from 8 to 23 years with a weighted average of approximately 9.4 years. Non-compete agreements are amortized on a straight line basis over the term of the agreement, ranging from 3 to 5.3 years with a weighted average of approximately 4.7 years. Customer lists are allocated at a branch level and are evaluated for impairment at a branch level when a triggering event occurs, in accordance with FASB ASC Topic 360-10-05. 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 a branch 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. 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 branches the Company acquires are small, privately-owned branches, which do not have sufficient historical data to determine customer 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 estimate of attrition for acquired customers. This estimation method is re-evaluated periodically. The Company evaluates goodwill annually for impairment in the fourth quarter of the fiscal year using the market value-based approach. The Company has one reporting unit, and the Company has multiple components, the lowest level of which is individual branches. The Company’s components are aggregated for impairment testing because they have similar economic characteristics. Impairment of Long-Lived Assets The Company assesses impairment of long-lived assets, including property and equipment and intangible assets, whenever changes or events indicate that the carrying amount may not be recoverable. The Company assesses impairment of these assets generally at the branch level based on the operating cash flows of the branch and the Company’s plans for branch closings. The Company will write down such assets to fair value if, based on an analysis, the sum of the expected future undiscounted cash flows is less than the carrying amount of the assets. The Company did not record any impairment charges for the fiscal years ended March 31, 2022, 2021, or 2020. Fair Value of Financial Instruments FASB ASC Topic 825 requires disclosures about the fair value of all financial instruments, regardless of whether the financial instrument is recognized on the balance sheet, for which it is practicable to estimate that value. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. The Company’s financial instruments for the periods reported consist of the following: cash and cash equivalents, loans receivable, senior notes payable, and senior unsecured notes payable.. Loans receivable are originated at prevailing market rates and have an average life of approximately 8 months. Given the short-term nature of these loans, they are continually repriced at current market rates. The Company’s senior notes payable has a variable rate based on a margin over LIBOR and reprices with any changes in LIBOR. The fair value of the senior unsecured notes payable is estimated based on quoted prices in markets that are not active. Insurance Premiums and Commissions Insurance premiums for credit life, accident and health, property and unemployment insurance written in connection with certain loans, net of refunds and applicable advance insurance commissions retained by the Company, are remitted monthly to an insurance company. All commissions are credited to unearned insurance commissions and recognized as income over the life of the related insurance contracts. The Company recognizes insurance income using the Rule of 78s method for credit life (decreasing term), credit accident and health, unemployment insurance and the Pro Rata method for credit life (level term) and credit property. Non-filing Insurance Non-filing insurance premiums are charged on certain loans in lieu of recording and perfecting the Company's security interest in the assets pledged. The premiums and recoveries are remitted to a third party insurance company and are not reflected in the accompanying Consolidated Financial Statements (see Note 8). Claims paid by the third party insurance company result in a reduction to loan losses. Certain losses related to such loans, which are not recoverable through life, accident and health, property, or unemployment insurance claims, are reimbursed through non-filing insurance claims subject to policy limitations. Any remaining losses are charged to the allowance for credit losses. Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment related to additional facts and circumstances occurs. Earnings Per Share Earnings per share (“EPS”) is computed in accordance with FASB ASC Topic 260. Basic EPS includes no dilution and is computed by dividing net income by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution of securities that could share in the earnings of the Company. Potential common stock included in the diluted EPS computation consists of stock options and restricted stock, which are computed using the treasury stock method. See Note 11 for the reconciliation of the numerators and denominators for basic and dilutive EPS calculations. Stock-Based Compensation FASB ASC Topic 718-10 requires companies to recognize in the income statement the grant-date fair value of stock options and other equity-based compensation issued to employees. FASB ASC Topic 718-10 does not change the accounting guidance for share-based payment transactions with parties other than employees provided in FASB ASC Topic 718-10. Under FASB ASC Topic 718-10, the way an award is classified will affect the measurement of compensation cost. Liability-classified awards are remeasured to fair value at each balance-sheet date until the award is settled. Equity-classified awards are measured at grant-date fair value, amortized over the subsequent vesting period, and are not subsequently remeasured. The fair value of non-vested stock awards for the purposes of recognizing stock-based compensation expense is the market price of the stock on the grant date. The fair value of options is estimated on the grant date using the Black-Scholes option pricing model (see Note 12). The Company accounts for forfeitures as they occur. At March 31, 2022, the Company had several share-based employee compensation plans, which are described more fully in Note 12. Share Repurchases On February 24, 2022, the Board of Directors authorized the Company to repurchase up to $30.0 million of the Company’s outstanding common stock, inclusive of the amount that remains available for repurchase under prior repurchase authorizations. As of March 31, 2022, the Company had $15.4 million in aggregate remaining repurchase capacity under its current share repurchase program. The timing and actual number of shares of common stock repurchased will depend on a variety of factors, including the stock price, corporate and regulatory requirements, restrictions under the revolving credit facility and other market and economic conditions. The Company continues to believe stock repurchases are a viable component of the Company’s long-term financial strategy and an excellent use of excess cash when the opportunity arises. However, our revolving credit agreement and the Notes limit share repurchases to $90 million from March 26, 2021 through June 30, 2022 plus up to 50% of consolidated adjusted net income for the period commencing January 1, 2019. As of March 31, 2022 our debt outstanding was $697.0 million and our shareholders' equity was $373.0 million resulting in a debt-to-equity ratio of 1.9:1.0. Concentration of Risk The Company generally serves individuals with limited access to other sources of consumer credit such as banks, credit unions, other consumer finance businesses and credit card lenders. During the year ended March 31, 2022, the Company operated in sixteen states in the United States. For fiscal years ended March 31, 2022, 2021, and 2020, gross loan receivable within the Company's four largest states accounted for approximately 53% of the Company's gross loans receivable balance. The Company maintains amounts in bank accounts which, at times, may exceed federally insured limits. The Company has not experienced losses in such accounts, which are maintained with large domestic banks. Management believes the Company’s exposure to credit risk is minimal for these accounts. Advertising Costs Advertising costs are expensed when incurred. Advertising costs were approximately $18.3 million, $17.2 million, and $24.3 million for fiscal years 2022, 2021, and 2020, respectively. Recently Issued Accounting Standards Not Yet Adopted Troubled Debt Restructurings and Vintage Disclosures In March 2022, the FASB issued ASU 2022-02, Troubled Debt Restructurings and Vintage Disclosures . The amendments in this update eliminate the accounting guidance for troubled debt restructurings by creditors in Subtopic 310-40, Receivables—Troubled Debt Restructurings by Creditors , while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Additionally, for public business entities, the amendments in this update require that an entity disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost . For entities that have adopted the amendments in Update 2016-13, the amendments in this update are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years and should be applied prospectively, with the exception of the transition method related to the recognition and measurement of troubled debt restructurings in which an entity has the option to apply a modified retrospective transition method. Early adoption is permitted. We are currently evaluating the impact the adoption of this update will have 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.

Allowance for Credit Losses and

Allowance for Credit Losses and Credit Quality Information	12 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Allowance for Credit Losses and Credit Quality Information	Allowance for Credit Losses and Credit Quality Information The following is a summary of gross loans receivable by Customer Tenure as of: Customer Tenure March 31, 2022 March 31, 2021 0 to 5 months $ 198,740,475 $ 92,378,097 6 to 17 months 133,665,566 106,742,121 18 to 35 months 204,940,323 169,361,910 36 to 59 months 208,936,027 130,655,627 60+ months 770,683,149 597,292,495 Tax advance loans 5,823,320 8,316,011 Total gross loans $ 1,522,788,860 $ 1,104,746,261 During the first quarter of fiscal 2021, we adopted ASU 2016-13, which replaces the incurred loss methodology for determining our provision for credit losses and allowance for credit losses with an expected loss methodology that is referred to as the CECL model, using the modified retrospective approach. Upon adoption, the total allowance for credit losses increased by $28.6 million, with no impact to the Consolidated Statements of Operations. Based on the Company’s loan products, the purpose and the term, current payment performance is used to assess the capability of the borrower to repay contractual obligations of the loan agreements as scheduled. Current payment performance is monitored by management on a daily basis. On an as needed basis, qualitative information may be taken into consideration if new information arises related to the customer’s ability to repay the loan. The Company’s payment performance buckets are as follows: current, 30-60 days past due, 61-90 days past due, 91 days or more past due. The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at March 31, 2022: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,322,332,136 $ 34,273,199 $ 2,665,078 $ 152,105 $ 21,539 $ 3,972 $ 1,359,448,029 30 - 60 days past due 49,517,859 2,114,463 247,291 28,011 2,664 — 51,910,288 61 - 90 days past due 36,707,960 989,136 130,763 13,031 5,594 — 37,846,484 91 or more days past due 64,238,626 3,239,753 248,596 24,377 5,386 4,001 67,760,739 Total $ 1,472,796,581 $ 40,616,551 $ 3,291,728 $ 217,524 $ 35,183 $ 7,973 $ 1,516,965,540 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 4,737,741 $ 7,033 $ — $ — $ — $ — $ 4,744,774 30 - 60 days past due 1,060,811 1,334 — — — — 1,062,145 61 - 90 days past due — 432 — — — — 432 91 or more days past due 2,922 13,047 — — — — 15,969 Total $ 5,801,474 $ 21,846 $ — $ — $ — $ — $ 5,823,320 Total gross loans $ 1,522,788,860 The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at March 31, 2021: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 970,526,682 $ 45,769,052 $ 2,102,732 $ 154,890 $ 14,444 $ 831 $ 1,018,568,631 30 - 60 days past due 21,862,634 2,011,261 153,417 21,426 3,500 2,069 24,054,307 61 - 90 days past due 18,039,010 1,208,936 88,119 11,800 571 — 19,348,436 91 or more days past due 31,126,328 3,120,210 183,434 14,028 14,708 168 34,458,876 Total $ 1,041,554,654 $ 52,109,459 $ 2,527,702 $ 202,144 $ 33,223 $ 3,068 $ 1,096,430,250 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 7,583,075 $ 9,360 $ — $ — $ — $ — $ 7,592,435 30 - 60 days past due 686,667 1,423 — — — — 688,090 61 - 90 days past due — — 321 — — — 321 91 or more days past due — 34,509 656 — — — 35,165 Total $ 8,269,742 $ 45,292 $ 977 $ — $ — $ — $ 8,316,011 Total gross loans $ 1,104,746,261 The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at March 31, 2022: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,290,448,366 $ 29,913,995 $ 1,994,474 $ 68,836 $ 9,586 $ 699 $ 1,322,435,956 30 - 60 days past due 57,225,953 1,508,794 91,118 5,519 — — 58,831,384 61 - 90 days past due 45,276,797 1,271,187 96,233 986 — — 46,645,203 91 or more days past due 79,845,465 7,922,574 1,109,903 142,183 25,598 7,274 89,052,997 Total $ 1,472,796,581 $ 40,616,550 $ 3,291,728 $ 217,524 $ 35,184 $ 7,973 $ 1,516,965,540 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 4,737,741 $ — $ — $ — $ — $ — $ 4,737,741 30 - 60 days past due 1,060,329 — — — — — 1,060,329 61 - 90 days past due — — — — — — — 91 or more days past due 3,404 21,846 — — — — 25,250 Total $ 5,801,474 $ 21,846 $ — $ — $ — $ — $ 5,823,320 Total gross loans $ 1,522,788,860 The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at March 31, 2021: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 948,353,853 $ 39,661,944 $ 1,522,148 $ 83,073 $ 1,790 $ 831 $ 989,623,639 30 - 60 days past due 29,300,148 1,872,816 72,187 1,322 — — 31,246,473 61 - 90 days past due 23,075,264 1,363,196 75,343 567 — — 24,514,370 91 or more days past due 40,825,388 9,211,503 858,024 117,183 31,433 2,237 51,045,768 Total $ 1,041,554,653 $ 52,109,459 $ 2,527,702 $ 202,145 $ 33,223 $ 3,068 $ 1,096,430,250 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 7,583,075 $ — $ — $ — $ — $ — $ 7,583,075 30 - 60 days past due 686,667 — — — — — 686,667 61 - 90 days past due — — — — — — — 91 or more days past due — 45,292 977 — — — 46,269 Total $ 8,269,742 $ 45,292 $ 977 $ — $ — $ — $ 8,316,011 Total gross loans $ 1,104,746,261 The allowance for credit losses is applied to amortized cost, which is defined as the amount at which a financing receivable is originated, and net of deferred fees and costs, collection of cash, and charge-offs. Amortized cost also includes interest earned but not collected. Credit risk is inherent in the business of extending loans to borrowers and is continuously monitored by management and reflected within the allowance for credit losses for loans. The allowance for credit losses is an estimate of expected losses inherent within the Company’s gross loans receivable portfolio. In estimating the allowance for credit losses, loans with similar risk characteristics are aggregated into pools and collectively assessed. The Company’s loan products have generally the same terms; therefore, the Company looks to borrower characteristics as a way to disaggregate loans into pools sharing similar risks. In determining the allowance for credit losses, the Company examined four borrower risk metrics as noted below. 1. Borrower type 2. Active months 3. Prior loan performance 4. Customer Tenure To determine how well each metric predicts default risk, the Company used loss rate data over an observation period of twelve months at the loan level. The information value was then calculated for each metric. From this analysis, management determined the metric that had the strongest predictor of default risk was Customer Tenure. The Customer Tenure buckets used in the allowance for credit loss calculation are: 1. 0 to 5 months 2. 6 to 17 months 3. 18 to 35 months 4. 36 to 59 months 5. 60+ months Management will continue to monitor this credit metric on a quarterly basis. Management estimates an allowance for each Customer Tenure bucket by performing a historical migration analysis of loans in that bucket for the twelve most recent historical twelve-month migration periods, adjusted for seasonality. All loans that are greater than 90 days past due on a recency basis and not written off as of the reporting date are reserved for at 100% of the outstanding balance, net of a calculated Rehab Rate. Management considers whether current credit conditions might suggest a change is needed to the allowance for credit losses by monitoring trends in 60-day delinquencies, FICO scores and average loan size as compared to metrics in the historical migration period. Due to the short term nature of the loan portfolio, forecasted changes in macroeconomic variables such as unemployment do not have a significant impact on loans outstanding at the end of a particular reporting period. Therefore, management develops a reasonable and supportable forecast of losses by comparing the most recent 6-month loss curves as compared to historical loss curves to see if there are significant changes in borrower behavior that may indicate the historical migration rates should be adjusted. If an adjustment is made as a result of the forecast, then the Company has elected to immediately revert back to historical experience past the forecast period. The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at March 31, 2022: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 145,168,588 $ 13,450,365 $ 14,196,717 $ 25,924,805 $ 53,571,887 $ 198,740,475 6 to 17 months 116,065,794 5,548,699 4,148,743 7,902,330 17,599,772 133,665,566 18 to 35 months 183,697,553 7,220,814 4,903,686 9,118,270 21,242,770 204,940,323 36 to 59 months 193,820,229 5,951,049 3,452,087 5,712,662 15,115,798 208,936,027 60+ months 720,695,865 19,739,361 11,145,251 19,102,672 49,987,284 770,683,149 Tax advance loans 4,744,774 1,062,145 432 15,969 1,078,546 5,823,320 Total gross loans 1,364,192,803 52,972,433 37,846,916 67,776,708 158,596,057 1,522,788,860 Unearned interest, insurance and fees (361,055,818) (14,020,016) (10,016,802) (17,938,208) (41,975,026) (403,030,844) Total net loans $ 1,003,136,985 $ 38,952,417 $ 27,830,114 $ 49,838,500 $ 116,621,031 $ 1,119,758,016 Percentage of period-end gross loans receivable 3.5% 2.5% 4.5% 10.4% The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at March 31, 2021: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 72,702,970 $ 4,799,102 $ 5,680,380 $ 9,195,642 $ 19,675,124 $ 92,378,094 6 to 17 months 94,466,209 3,187,347 2,798,411 6,290,155 12,275,913 106,742,122 18 to 35 months 158,217,605 3,570,696 2,592,402 4,981,208 11,144,306 169,361,911 36 to 59 months 123,542,346 2,432,489 1,753,291 2,927,501 7,113,281 130,655,627 60+ months 569,639,500 10,064,674 6,523,952 11,064,370 27,652,996 597,292,496 Tax advance loans 7,592,435 688,090 321 35,165 723,576 8,316,011 Total gross loans 1,026,161,065 24,742,398 19,348,757 34,494,041 78,585,196 1,104,746,261 Unearned interest, insurance and fees (259,492,219) (6,256,776) (4,892,850) (8,722,739) (19,872,365) (279,364,584) Total net loans $ 766,668,846 $ 18,485,622 $ 14,455,907 $ 25,771,302 $ 58,712,831 $ 825,381,677 Percentage of period-end gross loans receivable 2.2% 1.8% 3.1% 7.1% The following table provides a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at March 31, 2022: Days Past Due - Contractual Basis Loans Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 140,570,461 $ 14,090,712 $ 15,380,836 $ 28,698,466 $ 58,170,014 $ 198,740,475 6 to 17 months 112,465,841 6,032,347 4,922,939 10,244,439 21,199,725 133,665,566 18 to 35 months 177,565,328 8,067,815 6,273,351 13,033,829 27,374,995 204,940,323 36 to 59 months 188,849,569 6,994,891 4,624,136 8,467,431 20,086,458 208,936,027 60+ months 702,984,756 23,645,619 15,443,941 28,608,833 67,698,393 770,683,149 Tax advance loans 4,737,742 1,060,329 — 25,249 1,085,578 5,823,320 Total gross loans $ 1,327,173,697 $ 59,891,713 $ 46,645,203 $ 89,078,247 $ 195,615,163 $ 1,522,788,860 Unearned interest, insurance and fees $ (351,258,109) $ (15,851,316) $ (12,345,412) $ (23,576,007) $ (51,772,735) $ (403,030,844) Total net loans $ 975,915,588 $ 44,040,397 $ 34,299,791 $ 65,502,240 $ 143,842,428 $ 1,119,758,016 Percentage of period-end gross loans receivable 3.9% 3.1% 5.8% 12.8% The following table provides a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at March 31, 2021: Days Past Due - Contractual Basis Loans Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 70,532,439 $ 5,245,878 $ 6,019,264 $ 10,580,514 $ 21,845,656 $ 92,378,095 6 to 17 months 90,679,304 3,936,937 3,267,446 8,858,434 16,062,817 106,742,121 18 to 35 months 153,922,334 4,471,202 3,488,629 7,479,745 15,439,576 169,361,910 36 to 59 months 120,168,698 3,229,253 2,337,625 4,920,052 10,486,930 130,655,628 60+ months 554,320,865 14,363,203 9,401,406 19,207,022 42,971,631 597,292,496 Tax advance loans 7,583,075 686,667 — 46,269 732,936 8,316,011 Total gross loans $ 997,206,715 $ 31,933,140 $ 24,514,370 $ 51,092,036 $ 107,539,546 $ 1,104,746,261 Unearned interest, insurance and fees $ (252,170,339) $ (8,075,147) $ (6,199,113) $ (12,919,985) $ (27,194,245) $ (279,364,584) Total net loans $ 745,036,376 $ 23,857,993 $ 18,315,257 $ 38,172,051 $ 80,345,301 $ 825,381,677 Percentage of period-end gross loans receivable 2.9% 2.2% 4.6% 9.7% The Company elected not to record an allowance for credit losses for accrued interest as outlined in ASC 326-20-30-5A. Loans are placed on nonaccrual status when management determines that the full payment of principal and collection of interest according to contractual terms is no longer likely. The accrual of interest is discontinued when a loan is 61 days or more past the contractual due date. When the interest accrual is discontinued, all unpaid accrued interest is reversed against interest income. While a loan is on nonaccrual status, interest revenue is recognized only when a payment is received. Once a loan moves to nonaccrual status, it remains in nonaccrual status until it is paid out, charged off or refinanced. During the three months ended March 31, 2022, the Company reversed a total of $10.3 million of unpaid accrued interest against interest income. During the twelve months ended March 31, 2022 and March 31, 2021, the Company reversed a total of $30.6 million and $22.4 million, respectively of unpaid accrued interest against interest income. The following tables present the amortized cost basis of loans on nonaccrual status and the amortized cost basis of nonaccrual loans without related expected credit loss as of March 31, 2022 and 2021. It also shows year-to-date interest income recognized on nonaccrual loans for fiscal years ended March 31, 2022 and 2021: Nonaccrual Financial Assets Customer Tenure As of March 31, 2022 Financial Assets 61 Days or More Past Due, Not on Nonaccrual Status Nonaccrual Financial Assets With No Allowance as of March 31, 2022 Interest Income 0 to 5 months $ 45,227,510 $ — $ — $ 1,485,356 6 to 17 months 15,879,250 — — 1,662,082 18 to 35 months 20,745,106 — — 2,292,776 36 to 59 months 14,232,388 — — 1,602,011 60+ months 47,565,819 — — 5,615,521 Tax advance loans 25,249 — — — Unearned interest, insurance and fees (38,026,011) Total $ 105,649,311 $ — $ — $ 12,657,746 Nonaccrual Financial Assets Customer Tenure As of March 31, 2021 Financial Assets 61 Days or More Past Due, Not on Nonaccrual Status Nonaccrual Financial Assets With No Allowance as of March 31, 2021 Interest Income 0 to 5 months $ 17,191,922 $ — $ — $ 1,705,371 6 to 17 months 13,211,641 — — 2,433,144 18 to 35 months 12,088,377 — — 2,195,160 36 to 59 months 8,161,951 — — 1,609,059 60+ months 31,925,232 — — 6,747,722 Tax advance loans 46,269 — — — Unearned interest, insurance and fees (20,894,036) Total $ 61,731,356 $ — $ — $ 14,690,456 The following is a summary of the changes in the allowance for credit losses for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Balance at beginning of period $ 91,722,288 96,487,856 81,519,624 Impact of ASC 326 adoption — 28,628,368 — Provision for credit losses 186,207,341 86,244,714 181,730,182 Charge-offs (164,747,550) (141,270,125) (183,439,199) Recoveries 21,060,785 21,631,475 16,677,249 Balance at end of period $ 134,242,862 91,722,288 96,487,856

Property and Equipment

Property and Equipment	12 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment consist of: March 31, 2022 March 31, 2021 Land $ 100,443 100,443 Building and leasehold improvements 18,477,313 17,882,214 Furniture and equipment 56,273,499 52,889,741 74,851,255 70,872,398 Less accumulated depreciation and amortization (50,375,024) (45,546,262) Total $ 24,476,231 25,326,136 Depreciation expense was approximately $6.3 million, $6.5 million, and $6.8 million for the years ended March 31, 2022, 2021, and 2020, respectively.

Intangible Assets

Intangible Assets	12 Months Ended
	Mar. 31, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets	Intangible AssetsThe following table provides the gross carrying amount and related accumulated amortization of definite-lived intangible assets: March 31, 2022 March 31, 2021 Gross Carrying Accumulated Net Intangible Asset Gross Carrying Accumulated Net Intangible Asset Cost of customer lists $ 55,730,620 (36,907,598) 18,823,022 $ 54,777,749 (32,322,607) 22,455,142 Value assigned to non-compete agreements 10,528,143 (9,595,051) 933,092 10,252,143 (9,169,768) 1,082,375 Total $ 66,258,763 (46,502,649) 19,756,114 $ 65,029,892 (41,492,375) 23,537,517 The estimated amortization expense for intangible assets for future fiscal years ended March 31 is as follows: $4.5 million for 2023; $4.2 million for 2024; $3.8 million for 2025; $3.2 million for 2026; $2.7 million for 2027; and an aggregate of $1.4 million for the years thereafter.

Goodwill

Goodwill	12 Months Ended
	Mar. 31, 2022
Goodwill [Abstract]
Goodwill	Goodwill The following summarizes the changes in the carrying amount of goodwill for the years ended March 31, 2022 and 2021: 2022 2021 Balance at beginning of year: Goodwill $ 7,450,422 7,450,422 Accumulated goodwill impairment losses (79,631) (79,631) Goodwill, net $ 7,370,791 7,370,791 Goodwill acquired during the year $ — — Impairment losses — — Balance at end of year: Goodwill $ 7,450,422 7,450,422 Accumulated goodwill impairment losses (79,631) (79,631) Goodwill, net $ 7,370,791 7,370,791 The Company performed an annual impairment test during the fourth quarters of fiscal 2022 and 2021 and determined none of its recorded goodwill was impaired.

Debt

Debt	12 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Debt	Debt Revolving Credit Facility At March 31, 2022, the Company's senior notes payable consisted of a $685.0 million senior revolving credit facility, which has an accordion feature permitting the maximum aggregate commitments to increase to $785.0 million provided that certain conditions are met. At March 31, 2022, $397.0 million was outstanding under the facility, not including a $300.0 thousand outstanding standby letter of credit related to workers compensation. 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 March 31, 2022. The letter of credit expires on December 31, 2022; however, it automatically extends for one year on the expiration date. Subject to a borrowing base formula, the Company may borrow at the rate of LIBOR plus an applicable margin of 3.5%, with a minimum rate of 4.5%. The revolving credit facility has a commitment fee of 0.50% per annum on the unused portion of the commitment. Commitment fees on the unused portion of the borrowing totaled $1.3 million, $1.3 million, and $1.0 million for the years ended March 31, 2022, 2021, and 2020, respectively. Borrowings under the revolving credit facility mature on June 7, 2024. For the years ended March 31, 2022, 2021, and 2020 the Company’s effective interest rate, including the commitment fee, was 5.0%, 5.8%, and 5.8% respectively, and the unused amount available under the revolver at March 31, 2022 was $287.7 million. Substantially all of the Company's assets are pledged as collateral for borrowings under the revolving credit agreement. Senior Unsecured Notes Payable On September 27, 2021, we issued $300 million in aggregate principal amount of 7.0% senior notes due 2026 (the “Notes”). The Notes were sold in a private placement in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended. The Notes are unconditionally guaranteed, jointly and severally, on a senior unsecured basis by all of the Company’s existing and certain of its future subsidiaries that guarantee the revolving credit facility. Interest on the notes is payable semi-annually in arrears on May 1 and November 1 of each year, commencing May 1, 2022. At any time prior to November 1, 2023, the Company may redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount plus a make-whole premium, as described in the indenture, plus accrued and unpaid interest, if any, to, but not including, the date of redemption. At any time on or after November 1, 2023, the Company may redeem the Notes at redemption prices set forth in the indenture, plus accrued and unpaid interest, if any, to, but not including, the date of redemption. In addition, at any time prior to November 1, 2023, the Company may use the proceeds of certain equity offerings to redeem up to 40.0% of the aggregate principal amount of the Notes issued under the indenture at a redemption price equal to 107.0% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to, but not including, the date of redemption. We used the net proceeds from this offering to repay a portion of the outstanding indebtedness under our revolving credit facility and for general corporate purposes. Debt Covenants The agreement governing the Company’s revolving credit facility contains affirmative and negative covenants, including covenants that restrict the ability of the Company and its subsidiaries to, among other things, incur or guarantee indebtedness, incur liens, pay dividends and repurchase or redeem capital stock, dispose of assets, engage in mergers and consolidations, make acquisitions or other investments, redeem or prepay subordinated debt, amend subordinated debt documents, make changes in the nature of its business, and engage in transactions with affiliates. The agreement allows the Company to incur subordinated debt that matures after the termination date for the revolving credit facility and that contains specified subordination terms, subject to limitations on amount imposed by the financial covenants under the agreement. The agreement's financial covenants include (i) a minimum consolidated net worth of $325.0 million on and after December 31, 2020; (ii) a maximum ratio of total debt to consolidated adjusted net worth of 2.5 to 1.0; (iii) a maximum collateral performance indicator of 24% as of the end of each calendar month; and (iv) a minimum fixed charges coverage ratio as further discussed below. As further discussed in Note 18, on May 3rd, 2022, the Company entered into the Seventh Amendment to its Amended and Restated Revolving Credit Agreement (the “Seventh Amendment”) to, among other things, reduce the required ratio for Net Income Available for Fixed Charges to Fixed Charges from 2.75 to 1.0 to 2.10 to 1.0 for each fiscal quarter from March 31, 2022 to June 30, 2023, with the ratio increasing to 2.75 to 1.0 for each fiscal quarter thereafter. The collateral performance indicator is equal to the sum of (a) a three-month rolling average rate of receivables at least sixty days past due and (b) an eight-month rolling average net charge-off rate. The Company was in compliance with these covenants at March 31, 2022 and does not believe that these covenants will materially limit its business and expansion strategy. The agreement contains events of default including, without limitation, nonpayment of principal, interest or other obligations, violation of covenants, misrepresentation, cross-default to other debt, bankruptcy and other insolvency events, judgments, certain ERISA events, actual or asserted invalidity of loan documentation, invalidity of subordination provisions of subordinated debt, certain changes of control of the Company, and the occurrence of certain regulatory events (including the entry of any stay, order, judgment, ruling or similar event related to the Company’s or any of its subsidiaries’ originating, holding, pledging, collecting or enforcing its eligible finance receivables that is material to the Company or any subsidiary) which remains unvacated, undischarged, unbonded or unstayed by appeal or otherwise for a period of 60 days from the date of its entry and is reasonably likely to cause a material adverse change. The indenture governing the Notes contains certain covenants that, among other things, limit the Company’s ability and the ability of its restricted subsidiaries to (i) incur additional indebtedness or issue certain disqualified stock and preferred stock; (ii) pay dividends or distributions or redeem or purchase capital stock; (iii) prepay subordinated debt or make certain investments; (iv) transfer and sell assets; (v) create or permit to exist liens; (vi) enter into agreements that restrict dividends, loans and other distributions from their subsidiaries; (vii) engage in a merger, consolidation or sell, transfer or otherwise dispose of all or substantially all of their assets; and (viii) engage in transactions with affiliates. However, these covenants are subject to a number of important detailed qualifications and exceptions. Debt Maturities As of March 31, 2022, the aggregate annual maturities of the Company's debt arrangements for each of the five fiscal years subsequent to March 31, 2022 were as follows: 2023 $ — 2024 — 2025 396,972,746 2026 — 2027 300,000,000 Total future debt payments $ 696,972,746

Insurance and Other Income

Insurance and Other Income	12 Months Ended
	Mar. 31, 2022
Insurance Commissions and other income [Abstract]
Insurance and Other Income	Insurance and Other Income Insurance and other income for the years ending March 31, 2022, 2021, and 2020 consist of: 2022 2021 2020 Insurance revenue $ 56,270,249 44,214,454 50,360,730 Tax return preparation revenue 21,698,851 18,098,087 20,936,447 Auto club membership revenue 14,758,783 7,863,145 6,254,748 Other 3,993,083 4,244,079 4,150,319 Insurance and other income $ 96,720,966 74,419,765 81,702,244 The Company has a wholly-owned, captive insurance subsidiary that reinsures a portion of the credit insurance sold in connection with loans made by the Company. Certain coverages currently sold by the Company on behalf of the unaffiliated insurance carrier are ceded by the carrier to the captive insurance subsidiary, providing the Company with an additional source of income derived from the earned reinsurance premiums. Insurance premiums are ceded to the reinsurance subsidiary as written and revenue is recognized over the life of the related insurance contracts. As of March 31, 2022, 2021, and 2020, the amount of net written premiums by the reinsurance subsidiary were $9.8 million, $5.9 million, and $6.6 million, respectively, and the amount of earned premiums were $7.6 million, $6.0 million, and $6.2 million, respectively.

Non-filing Insurance

Non-filing Insurance	12 Months Ended
	Mar. 31, 2022
Non-file Insurance [Abstract]
Non-filing Insurance	Non-filing Insurance The Company maintains non-filing insurance coverage with an unaffiliated insurance company. The following is a summary of the non-filing insurance activity for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Insurance premiums written $ 8,804,046 7,072,647 8,251,927 Recoveries on claims paid $ 982,025 959,620 1,001,288 Claims paid $ 6,336,549 5,223,484 7,570,126

Leases

Leases	12 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Leases	Leases Accounting Policies and Matters Requiring Management's Judgment The Company uses its effective annual interest rate as the discount rate when evaluating leases under Topic 842. Management applies its effective annual interest rate to leases entered for the entirety of the subsequent year. For example, fiscal 2021’s annual effective interest rate of 5.8% will be used in the determination of lease type as well as the discount rate when calculating the present value of lease payments for all leases entered into in fiscal 2022 or until a new annual effective interest rate is available for application. Based on its historical practice, the Company believes it is reasonably certain to exercise a given option associated with a given office space lease. Therefore, the Company classifies all lease options for office space as “reasonably certain” unless it has specific knowledge to the contrary for a given lease. The Company does not believe it is reasonably certain to exercise any options associated with its office equipment leases. Periodic Disclosures The Company's operating leases consist of real estate leases for office space as well as office equipment. Both the branch real estate and office equipment lease terms generally range from three years to five years, and generally contain options to extend which mirror the original terms of the lease. The Company's finance leases consist of IT equipment which have a three The following table reports information about the Company's lease costs for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Lease Cost Finance lease cost $ 427,619 $ 466,168 $ 430,744 Amortization of right-of-use assets 407,624 407,624 347,703 Interest on lease liabilities 19,995 58,544 83,041 Operating lease cost $ 27,529,425 $ 27,977,226 $ 26,244,323 Short-term lease cost — 1,800 4,500 Variable lease cost 3,629,903 3,621,748 3,376,275 Total lease cost $ 31,586,947 $ 32,066,942 $ 30,055,842 The following table reports other information about the Company's leases for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Other Lease Information Cash paid for amounts included in the measurement of lease liabilities $ 27,936,317 $ 28,211,828 $ 26,212,843 Operating cash flows from finance leases 19,994 58,544 83,041 Operating cash flows from operating leases 27,411,037 27,559,260 25,618,886 Financing cash flows from finance leases 505,286 594,024 510,916 Right-of-use assets obtained in exchange for new finance lease liabilities $ — $ — $ 753,736 Right-of-use assets obtained in exchange for new operating lease liabilities $ 15,381,953 $ 12,482,167 $ 36,826,045 Weighted-average remaining lease term — finance leases 0.4 years 0.8 years 1.5 years Weighted average remaining lease term — operating leases 7.3 years 7.3 years 8.4 years Weighted-average discount rate (monthly) — finance leases 6.0 % 6.4 % 6.5 % Weighted-average discount rate — operating leases 6.1 % 6.3 % 6.7 % The aggregate annual lease obligations as of fiscal year March 31, 2022, are as follows: Operating Finance 2023 24,112,009 80,067 2024 20,140,680 — 2025 15,645,906 — 2026 12,034,692 — 2027 7,609,780 — Thereafter 30,106,884 — Total undiscounted lease liability $ 109,649,951 $ 80,067 Imputed interest 22,250,902 — Total discounted lease liability $ 87,399,049 $ 80,067 The Company had no leases with related parties as of fiscal year March 31, 2022 or 2021.

Income Taxes

Income Taxes	12 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was enacted in response to the COVID-19 pandemic. The CARES Act, among other things, expands current benefits of net operating losses and increases the allowable business interest deduction under Section 163(j). The CARES Act did not have a material impact on the Company's income tax position. Income tax expense (benefit) consists of: Current Deferred Total Year ended March 31, 2022 Federal $ 22,262,110 (11,892,354) 10,369,756 State and local 4,206,087 (2,916,361) 1,289,726 $ 26,468,197 (14,808,715) 11,659,482 Year ended March 31, 2021 Federal $ 16,443,592 4,077,609 20,521,201 State and local 1,025,645 1,573,753 2,599,398 $ 17,469,237 5,651,362 23,120,599 Year ended March 31, 2020 Federal $ 3,307,872 (224,604) 3,083,268 State and local 2,871,179 797,518 3,668,697 $ 6,179,051 572,914 6,751,965 The differences between income taxes expected at the U.S. federal statutory income tax rate of 21% and the reported income tax expense for March 31, 2022, 2021 and 2020 are summarized as follows: 2022 2021 2020 Expected income tax $ 13,771,657 23,394,720 7,330,983 Increase (reduction) in income taxes resulting from: State tax (excluding state tax credits), net of federal benefit 1,489,800 2,053,524 3,398,271 Federal tax credits (net) (1,193,021) (1,173,435) (7,616,236) State tax credits (470,916) — (500,000) Uncertain tax positions (555,252) (2,107,263) (167,455) Nondeductible penalties 2,866 8,274 4,562,830 Executive compensation limitation under Section 162(m) 1,918,618 1,203,203 1,305,975 Excess tax benefits related to equity compensation (3,237,682) (996,769) (612,987) Prior year adjustments (51,728) (30,953) (672,358) Other, net (14,860) 769,298 (277,058) $ 11,659,482 23,120,599 6,751,965 The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at March 31, 2022 and 2021 are presented below: 2022 2021 Deferred tax assets: Allowance for credit losses $ 33,481,188 22,908,670 Unearned insurance commissions 15,453,501 10,080,766 Accrued expenses primarily related to employee benefits 12,549,474 13,676,701 Reserve for uncollectible interest 1,261,035 645,113 Lease liability 21,575,596 22,231,591 Intangible assets 254,986 — Foreign tax credit carryforward 3,254,926 3,254,926 Capital loss carryforward 7,966,326 7,928,184 State net operating loss carryforwards 3,849,158 78,358 Gross deferred tax assets 99,646,190 80,804,309 Less valuation allowance (14,723,244) (11,184,384) Net deferred tax assets 84,922,946 69,619,925 Deferred tax liabilities: Fair value adjustment for loans receivable (13,896,840) (12,362,590) Property and equipment (4,875,859) (5,902,421) Intangible assets — (243,574) Deferred net loan origination costs (1,708,369) (1,268,653) Prepaid expenses (1,785,906) (1,412,337) Right-of-use asset (21,273,281) (21,826,178) Other (1,581,234) (1,611,430) Gross deferred tax liabilities (45,121,489) (44,627,183) Deferred income taxes, net $ 39,801,457 24,992,742 At March 31, 2022, the Company had state net operating loss carryforwards of approximately $63.8 million. A deferred tax asset of approximately $3.8 million has been recorded to reflect the benefit of these losses. Of this $3.8 million, $0.3 million is expected to be recognized. Approximately $1,000 of the state net operating loss carryforward will expire in 2025 with the remaining carryforward expiring between 2031 and 2040. The valuation allowance for deferred tax assets increased by $3.5 million for the year ended March 31, 2022 when compared to March 31, 2021. The valuation allowance at March 31, 2022 and 2021 was $14.7 million and $11.2 million, respectively. The valuation allowance against the total deferred tax assets as of March 31, 2022 consisted of $3.5 million from state net operating loss carryforwards in the amount of $55.4 million which expire from 2025 to 2040, a foreign tax credit carryforward of $3.3 million arising in relation to the Section 965 calculation ("Transition Tax") during fiscal 2018 which expires in 2028, $7.7 million related to the $37.0 million capital loss carryforward from the sale of the Mexican operations in fiscal 2019 which expires in 2024 and $0.2 million related to the $0.9 million capital loss on the sale of the former headquarters buildings which expire from 2026 to 2027. The Company does not expect to generate enough foreign source income, state taxable income in the respective jurisdictions or capital gains in future tax years to realize these tax attributes. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. In order to fully realize the deferred tax asset, the Company will need to generate future taxable income of the appropriate character prior to the expiration of the deferred tax assets governed by the tax code. As of March 31, 2022, 2021, and 2020, the Company had $2.2 million, $3.1 million, and $5.8 million of total gross unrecognized tax benefits including interest, respectively. Of these totals, approximately $2.0 million, $2.6 million, and $5.2 million, respectively, represents the amount of net unrecognized tax benefits that are permanent in nature and, if recognized, would affect the annual effective tax rate. A reconciliation of the beginning and ending amount of unrecognized tax benefits at March 31, 2022, 2021, and 2020 are presented below: 2022 2021 2020 Unrecognized tax benefit balance beginning of year $ 1,811,244 4,351,811 4,043,623 Gross increases for tax positions of current year 153,754 36,541 246,725 Gross increases (decreases) for tax positions of prior years — — 786,674 Settlements with tax authorities — (1,968,702) — Lapse of statute of limitations (348,882) (608,406) (725,211) Unrecognized tax benefit balance end of year $ 1,616,116 1,811,244 4,351,811 At March 31, 2022, approximately $1.3 million of gross unrecognized tax benefits are expected to be resolved during the next 12 months through settlements with taxing authorities or the expiration of the statute of limitations. The Company’s continuing practice is to recognize interest and penalties related to income tax matters in income tax expense. As of March 31, 2022, 2021, and 2020, the Company had $0.6 million, $1.2 million, and $1.4 million accrued for gross interest, respectively, of which $0.2 million, $0.3 million, and $(0.1) million represented the current period expense for the periods ended March 31, 2022, 2021, and 2020. The Company is subject to U.S. income tax, as well as various other state and local jurisdictions. With the exception of a few states, 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 2017, although carryforward attributes that were generated prior to 2017 may still be adjusted upon examination by the taxing authorities if they either have been or will be used in a future period.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following is a reconciliation of the numerators and denominators of the basic and diluted EPS calculations: For the year ended March 31, 2022 Income Shares Per Share Basic EPS Net income available to common shareholders $ 53,919,837 6,072,170 $ 8.88 Effect of dilutive securities options and restricted stock — 291,896 Diluted EPS Net income available to common shareholders including dilutive securities $ 53,919,837 6,364,066 $ 8.47 For the year ended March 31, 2021 Income Shares Per Share Amount Basic EPS Net income available to common shareholders $ 88,282,828 6,493,898 $ 13.59 Effect of dilutive securities options and restricted stock — 178,212 Diluted EPS Net income available to common shareholders including dilutive securities $ 88,282,828 6,672,110 $ 13.23 For the year ended March 31, 2020 Income Shares Per Share Amount Basic EPS Net income available to common shareholders $ 28,157,478 7,688,242 $ 3.66 Effect of dilutive securities options and restricted stock — 264,658 Diluted EPS Net income available to common shareholders including dilutive securities $ 28,157,478 7,952,900 $ 3.54 Options to purchase 412,015, 608,087, and 656,347 shares of common stock at various prices were outstanding during the years ended March 31, 2022, 2021, and 2020, respectively, but were not included in the computation of diluted EPS because the option exercise price was antidilutive.

Benefit Plans

Benefit Plans	12 Months Ended
	Mar. 31, 2022
Share-based Payment Arrangement [Abstract]
Benefit Plans	Benefit Plans Retirement Plan The Company provides a defined contribution employee benefit plan (401(k) plan) covering full-time employees, whereby employees can invest up to the maximum designated for that year. The Company matches 50% of each employee's contributions up to the first 6% of the employee's eligible compensation, providing a maximum employer contribution of 3% of compensation. The Company's expense under this plan was $1.8 million, $1.6 million, and $1.6 million, for the years ended March 31, 2022, 2021, and 2020, respectively. Supplemental Executive Retirement Plan The Company has instituted two supplemental executive retirement plans, which are non-qualified executive benefit plans in which the Company agrees to pay certain executives additional benefits in the future, usually at retirement, in return for continued employment by the executives. The SERPs are unfunded plans, and, as such, there are no specific assets set aside by the Company in connection with the establishment of the plans. The executives have no rights under the agreements beyond those of a general creditor of the Company. For the years ended March 31, 2022, 2021, and 2020, contributions of $0.5 million, $0.6 million, and $0.6 million, respectively, were charged to expense related to the SERP. The unfunded liability, which is included as a component of accounts payable and accrued expenses in the Company's Consolidated Balance Sheets was $5.9 million and $6.4 million as of March 31, 2022 and 2021, respectively. For the three years presented, the unfunded liability was estimated using the following assumptions: an annual salary increase of 3.5% for all 3 years; a discount rate of 6.0% for all 3 years; and a retirement age of 65. Executive Deferred Compensation Plan The Company has an Executive Deferral Plan. Eligible executives and directors may elect to defer all or a portion of their incentive compensation to be paid under the Executive Deferral Plan. As of March 31, 2022 and 2021 no executive or director had deferred any compensation under this plan. Stock Incentive Plans The Company has a 2008 Stock Option Plan, a 2011 Stock Option Plan, and a 2017 Stock Incentive Plan for the benefit of certain directors, officers, and key employees. Under these plans, a total of 3,350,000 shares of authorized common stock have been reserved for issuance pursuant to grants approved by the Compensation Committee. Stock options granted under these plans have a maximum duration of ten years, may be subject to certain vesting requirements, which are generally three 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 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. Long-term Incentive Program and Non-Employee Director Awards On October 15, 2018, the Compensation Committee and Board approved and adopted a new long-term incentive program that seeks to motivate and reward certain employees and to align management’s interest with shareholders’ by focusing executives on the achievement of long-term results. The program is comprised of four components: Service Options, Performance Options, Restricted Stock, and Performance Shares. Pursuant to this program, the Compensation Committee approved certain grants of Service Options, Performance Options, Restricted Stock and Performance Shares under the World Acceptance Corporation 2011 Stock Option Plan and the World Acceptance Corporation 2017 Stock Incentive Plan to certain employee directors, vice presidents of operations, vice presidents, senior vice presidents, and executive officers. Separately, the Compensation Committee approved certain grants of Service Options and Restricted Stock to certain of the Company’s non-employee directors. Under the long-term incentive program, up to 100% of the shares of restricted stock subject to the Performance Shares shall vest, if at all, based on the achievement of two trailing earnings per share performance targets established by the Compensation Committee that are based on earnings per share (measured at the end of each calendar quarter, commencing with the calendar quarter ending September 30, 2019) for the previous four calendar quarters. The Performance Shares are eligible to vest over the Performance Share Measurement Period and subject to each respective employee’s continued employment at the Company through the last day of the Performance Share Measurement Period (or as otherwise provided under the terms of the applicable award agreement or applicable employment agreement). The Performance Share performance targets are set forth below. Trailing 4-Quarter EPS Targets for Restricted Stock Eligible for Vesting $16.35 40% $20.45 60% The Restricted Stock awards will vest in six equal annual installments, beginning on the first anniversary of the grant date, subject to each respective employee’s continued employment at the Company through each applicable vesting date or otherwise provided under the terms of the applicable award agreement or applicable employment agreement. The Service Options will vest in six equal annual installments, beginning on the first anniversary of the grant date, subject to each respective employee’s continued employment at the Company through each applicable vesting date or otherwise provided under the terms of the applicable award agreement or applicable employment agreement. The option price is equal to the fair market value of the common stock on the grant date and the Service Options shall have a 10-year term. The Performance Options shall fully vest if the Company attains the trailing earnings per share target over four consecutive calendar quarters occurring between September 30, 2018 and March 31, 2025 described below. Such performance target was established by the Compensation Committee and will be measured at the end of each calendar quarter commencing on September 30, 2019. The Performance Options are eligible to vest over the Option Measurement Period, subject to each respective employee’s continued employment at the Company through the last day of the Option Measurement Period or as otherwise provided under the terms of the applicable award agreement or applicable employment agreement. The option price is equal to the fair market value of the common stock on the grant date and the Performance Options shall have a 10-year term. The Performance Option performance target is set forth below. Trailing 4-Quarter EPS Targets for Options Eligible for Vesting $25.30 100% Stock Options The weighted-average fair value at the grant date for options issued during the years ended March 31, 2022, 2021, and 2020 was $99.14, $58.48, and $57.69 per share, respectively. This fair value was estimated at grant date using the weighted-average assumptions listed below. 2022 2021 2020 Dividend yield 0 % 0 % 0 % Expected volatility 57.82 % 57.53 % 52.28 % Average risk-free interest rate 1.02 % 0.59 % 1.58 % Expected life 6.0 years 6.3 years 6.3 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 year ended March 31, 2022 was as follows: Shares Weighted Weighted Aggregate Options outstanding, beginning of year 500,168 $ 93.89 Granted 22,255 184.76 Exercised (154,699) 82.78 Forfeited (19,158) 99.25 Expired — — Options outstanding, end of period 348,566 1 $ 104.33 6.43 $ 30,551,741 Options exercisable, end of period 101,029 $ 89.77 4.76 $ 10,312,456 The aggregate intrinsic value reflected in the table above represents the total pre-tax intrinsic value (the difference between the closing stock price on March 31, 2022 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 March 31, 2022. This amount will change as the stock's market price changes. The total intrinsic value of options exercised during the years ended March 31, 2022, 2021, and 2020 was as follows: 2022 2021 2020 $17,494,865 $9,996,167 $5,083,094 As of March 31, 2022, total unrecognized stock-based compensation expense related to non-vested stock options amounted to approximately $6.1 million, which is expected to be recognized over a weighted-average period of approximately 2.3 years. Restricted Stock During fiscal 2022, the Company granted 4,062 shares of restricted stock (which are equity classified), to certain vice presidents, senior vice presidents, executive officers, and non-employee directors with a grant date weighted average fair value of $188.38 per share. During fiscal 2021, the Company granted 52,735 shares of restricted stock (which are equity classified) to certain vice presidents, senior vice presidents, executive officers, and non-employee directors with a grant date weighted average fair value of $106.28 per share. During fiscal 2020, the Company granted 11,223 shares of restricted stock (which are equity classified) to certain executive officers, with a grant date weighted average fair value of $90.23 per share. 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 compensation expense of $14.1 million, $15.5 million, and $23.4 million for the years ended March 31, 2022, 2021, and 2020, respectively, which is included as a component of general and administrative expenses in the Company's Consolidated Statements of Operations. As of March 31, 2022, there was approximately $13.9 million of unrecognized compensation cost related to unvested restricted stock awards, which is expected to be recognized over the next 1.7 years based on current estimates. A summary of the status of the Company’s restricted stock as of March 31, 2022 and changes during the year ended March 31, 2022, are presented below: Shares Weighted Average Fair Outstanding at March 31, 2021 614,739 $ 101.99 Granted during the period 4,062 188.38 Vested during the period (66,299) 102.93 Forfeited during the period — — Outstanding at March 31, 2022 552,502 $ 102.51 Total Stock-Based Compensation Total stock-based compensation included as a component of net income during the years ended March 31, 2022, 2021, and 2020 was as follows: 2022 2021 2020 Stock-based compensation related to equity classified units: Stock-based compensation related to stock options $ 3,473,913 3,804,674 5,522,883 Stock-based compensation related to restricted stock 14,109,082 15,476,604 23,429,278 Total stock-based compensation related to equity classified awards $ 17,582,995 19,281,278 28,952,161

Acquisitions

Acquisitions	12 Months Ended
	Mar. 31, 2022
Business Combinations [Abstract]
Acquisitions	Acquisitions The Company evaluates each set of assets and activities it acquires to determine if the set meets the definition of a business according to FASB ASC Topic 805-10-55. Acquisitions meeting the definition of a business are accounted for as a business combination while all other acquisitions are accounted for as an asset purchase. The following table sets forth the acquisition activity of the Company for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Number of branches acquired through business combinations — — 38 Number of asset purchases 50 50 140 Total acquisitions 50 50 178 Purchase price $ 10,859,984 $ 19,774,252 $ 61,555,973 Tangible assets: Loans receivable, net 9,631,112 15,210,973 47,026,694 Property and equipment — — 74,000 9,631,112 15,210,973 47,100,694 Excess of purchase prices over fair value of net tangible assets $ 1,228,872 $ 4,563,279 $ 14,455,279 Customer lists $ 952,872 $ 4,365,779 $ 13,228,951 Non-compete agreements 276,000 197,500 890,000 Goodwill — — 336,328 Acquisitions that are accounted for as business combinations typically result in one or more new branches. In such cases, the Company typically retains the existing employees and the branch location from the acquisition. The purchase price is allocated to the tangible assets and intangible assets acquired based upon their estimated fair values at the acquisition date. The remainder is allocated to goodwill. Acquisitions that are accounted for as asset purchases are typically limited to acquisitions of loan portfolios. The purchase price is allocated to the tangible assets and intangible assets acquired based upon their estimated fair values at the acquisition date. In an asset purchase, no goodwill is recorded. 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. Under CECL, acquired loans are included in the reserve calculations for all other loan types (excluding TALs). Management includes recent acquisition activity compared to historical activity when considering reasonable and supportable forecasts as it relates to assessing the adequacy of the allowance for expected credit losses. The Company did not acquire any loans that would qualify as PCD's during the period. 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. Customer lists are valued with a valuation model that utilizes the Company’s historical data to estimate the value of any acquired customer lists. Customer lists are allocated at a branch level and are evaluated for impairment at a branch level when a triggering event occurs in accordance with FASB ASC Topic 360-10-05. 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 date. The pro forma impact of these branches as though they had been acquired at the beginning of the periods presented would not have a material effect on the results of operations as reported.

Fair Value

Fair Value	12 Months Ended
	Mar. 31, 2022
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 or nonrecurring 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. Fair value measurements 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 markets 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, the senior notes payable, and the senior unsecured notes payable. Loans receivable are originated at prevailing market rates and have an average life of approximately 8 months. Given the short-term nature of these loans, they are continually repriced at current market rates. The Company’s senior notes payable has a variable rate based on a margin over LIBOR and reprices with any changes in LIBOR. The fair value of the senior unsecured notes payable is estimated based on quoted prices in markets that are not active. The Company also considered its creditworthiness in its determination of fair value. The carrying amounts and estimated fair values of financial assets and liabilities disclosed but not carried at fair value and their level within the fair value hierarchy are summarized below. March 31, 2022 March 31, 2021 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Cash and cash equivalents 1 $ 19,236,322 $ 19,236,322 $ 15,746,454 $ 15,746,454 Loans receivable, net 3 985,515,154 985,515,154 733,659,389 733,659,389 LIABILITIES Senior unsecured notes payable 2 300,000,000 264,639,000 — — Senior notes payable 3 396,972,746 396,972,746 405,007,500 405,007,500 The carrying amounts and estimated fair values of amounts the Company measures at fair value on a non-recurring basis, which are limited to the Company's assets held for sale, are summarized below: March 31, 2022 March 31, 2021 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Assets held for sale 2 $ — $ — $ 1,143,528 $ 1,143,528 The Company re-valued its corporate headquarters in Greenville, SC as of March 31, 2020 in conjunction with its reclassification of the related assets as held for sale. The revaluation resulted in an impairment loss of approximately $251,000, which is included as a component of Other Expense in the Company's Consolidated Statements of Operations. The observable inputs the Company used in its revaluation were the agreed-upon prices to sell the assets. There were no other significant assets or liabilities measured at fair value on a non-recurring basis as of March 31, 2022 and 2021.

Quarterly Information (Unaudite

Quarterly Information (Unaudited)	12 Months Ended
	Mar. 31, 2022
Quarterly Financial Information Disclosure [Abstract]
Quarterly Information (Unaudited)	Quarterly Information (Unaudited) The following sets forth selected quarterly operating data: Fiscal 2022 Fiscal 2021 First Second Third Fourth First Second Third Fourth (Dollars in thousands, except for earnings per share data) Total revenues $ 129,659 137,827 148,572 166,329 123,867 124,441 130,946 146,280 Provision for credit losses 30,266 42,044 56,459 57,439 25,661 26,090 28,857 5,636 General and administrative expenses 73,351 74,989 74,229 74,607 71,608 75,293 77,875 77,411 Interest expense 5,501 6,714 10,166 11,044 5,562 5,893 7,305 6,940 Income tax expense 4,770 1,641 391 4,857 5,527 3,767 2,418 11,409 Net income $ 15,771 12,439 7,327 18,382 15,509 13,398 14,491 44,884 Net income per common share: Basic $ 2.56 2.04 1.20 3.10 2.26 2.01 2.32 7.25 Diluted $ 2.44 1.94 1.14 2.97 2.24 1.96 2.25 6.96 The Company's highest loan demand occurs generally from October through December, its third fiscal quarter. Loan demand is generally lowest and loan repayment highest from January to March, its fourth fiscal quarter. Consequently, the Company experiences significant seasonal fluctuations in its operating results and cash needs. Operating results from the Company's third fiscal quarter are generally lower than in other quarters and operating results for its fourth fiscal quarter are generally higher than in other quarters.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Derivative Litigation On September 25, 2020, a shareholder filed a derivative complaint in South Carolina state court, Paul Parshall v. World Acceptance et al., against the Company as the nominal defendant and certain current and former directors and officers as defendants. Pointing to the Company’s resolution with the SEC and DOJ of the Mexico investigation previously disclosed, the complaint alleges violations of South Carolina law, including breaches of fiduciary duties and corporate waste, and that the Company has suffered damages as a result of those alleged breaches. The complaint seeks unspecified monetary damages from the individual defendants, equitable and/or injunctive relief, disgorgement of compensation from the individual defendants, and attorneys’ fees and costs. Because the complaint is derivative in nature, it does not seek monetary damages from the Company. However, the Company may be required to advance, and ultimately be responsible for, the legal fees and costs incurred by the individual defendants. General In addition, from time to time, the Company is involved in litigation matters relating to claims arising out of its operations in the normal course of business. 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, any currently pending claims. Based on information currently available, the Company does not believe that any reasonably probable losses arising from currently pending legal matters will be material to the Company’s results of operations or financial conditions. 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.

Assets Held for Sale

Assets Held for Sale	12 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Assets Held for Sale	Assets Held for Sale In the fourth quarter of fiscal 2020 the Company moved its corporate headquarters from properties it owned outright in Greenville, South Carolina to leased office space in downtown Greenville, South Carolina. Under ASC 360-10, the properties met the criteria for classification as held for sale as of March 31, 2020. During the second quarter of fiscal 2021 the Company completed the sale of two of the three buildings held for sale, resulting in an aggregate loss of $37.0 thousand. The loss on sale of assets held for sale is included as a component of Insurance and other income, net in the Company's Consolidated Statement of Operations. During the second quarter of fiscal 2022 the Company completed the sale of the last held for sale building, and recorded $39.0 thousand loss on sale which is included as a component of Insurance and other income, net in the Consolidated Statements of Operations. The following table reconciles the major classes of assets held for sale to the amounts presented in the Consolidated Balance Sheets: March 31, 2022 March 31, 2021 Assets held for sale: Property and equipment, net $ — $ 1,143,528 Total assets held for sale $ — $ 1,143,528

Subsequent Events

Subsequent Events	12 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Seventh Amendment to Amended and Restated Revolving Credit Facility On May 3rd, 2022, the Company entered into the Seventh Amendment among the Company, the lenders named therein, and Wells Fargo Bank, National Association, as Administrative Agent and Collateral Agent. The Seventh Amendment amends its Amended and Restated Revolving Credit Agreement to, among other things: • Reduce the required ratio for Net Income Available for Fixed Charges to Fixed Charges to 2.10 to 1.0 for the fiscal quarters ending March 31, 2022, June 30, 2022, September 30, 2022, December 31, 2022, March 31, 2023 and June 30, 2023, with the ratio increasing to 2.75 to 1.0 for each fiscal quarter thereafter. • Allow the Company to form up to two SPV Subsidiaries for purposes of an anticipated warehouse facility or securitization. • Transition from a benchmark rate of 1-month LIBOR to a term rate based on SOFR.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Accounting, Policy	Nature of Operations The Company is a small-dollar consumer finance (installment loan) company headquartered in Greenville, South Carolina that offers short-term small loans, medium-term larger loans, related credit insurance products and ancillary products and services to individuals who have limited access to other sources of consumer credit. It also offers income tax return preparation services to its customer base and to others. As of March 31, 2022, the Company operated 1,167 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee, Texas, Utah, and Wisconsin. Branches in the aforementioned states operate under one of the following names: World Finance Corporation or World Finance.
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements include the accounts of World Acceptance Corporation and its wholly-owned subsidiaries (the “Company”). Subsidiaries consist of operating entities in various states and WAC Insurance Company, Ltd. (a captive reinsurance company established in fiscal 1994). All significant inter-company balances and transactions have been eliminated in consolidation.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Consolidated Financial Statements The preparation of financial statements in conformity with 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 financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The most significant item subject to such estimates and assumptions that could materially change in the near term is the allowance for credit losses.
Reclassification, Policy	Reclassification Certain prior period amounts have been reclassified to conform to the current presentation. Such reclassifications had no impact on previously reported net income or shareholders' equity.
Business Segments	Business Segments The Company reports operating segments in accordance with FASB ASC Topic 280. Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assess performance. FASB ASC Topic 280 requires that a public enterprise report a measure of segment profit or loss, certain specific revenue and expense items, segment assets, information about the way that the operating segments were determined and other items. The Company has one reportable segment. The other revenue generating activities of the Company, including the sale of insurance products, income tax preparation, and the automobile club, are done within the existing branch network in conjunction with or as a complement to the lending operations. There is no discrete financial information available for these activities, and they do not meet the criteria under FASB ASC Topic 280 to be considered operating segments.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less from the date of original issuance to be cash equivalents. As of March 31, 2022 and 2021 the Company had $7.8 million and $7.0 million, respectively, in restricted cash associated with its captive insurance subsidiary that reinsures a portion of the credit insurance sold in connection with loans made by the Company.
Loans and Interest Income	Loans and Interest and Fee Income The Company is licensed to originate consumer loans in the states of Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Utah, and Wisconsin. During fiscal 2022, 2021, and 2020 the Company originated loans generally ranging up to $6,000, with terms of 60 months or fewer. Experience indicates that a majority of the consumer loans are refinanced, and the Company accounts for the majority of the refinancings as new loans. Generally, a customer must make multiple payments in order to qualify for refinancing. Furthermore, the Company's lending policy has predetermined lending amounts so that in most cases a refinancing will result in advancing additional funds. The Company believes that the advancement of additional funds constitutes more than a minor modification to the terms of the existing loan if the present value of the cash flows under the terms of the new loan will be 10% or more of the present value of the remaining cash flows under the terms of the original loan. The following table sets forth information about our loan products for fiscal 2022: Minimum Origination Maximum Origination Minimum Term Maximum Term Small loans $ 500 $ 2,450 7 36 Large loans 2,500 25,000 9 60 Tax advance loans 500 5,000 8 8 Gross loans receivable at March 31, 2022 and 2021 consisted of the following: 2022 2021 Small loans $ 727,852,627 $ 620,959,979 Large loans 789,112,912 475,470,271 Tax advance loans 5,823,321 8,316,011 Total gross loans $ 1,522,788,860 $ 1,104,746,261 Fees received and direct costs incurred for the origination of loans are deferred and amortized to interest income over the contractual lives of the loans using the interest method. Unamortized amounts are recognized in income at the time that loans are refinanced or paid in full except for those refinancings that do not constitute a more than minor modification. Loans are carried at the gross amount outstanding, reduced by unearned interest and insurance income, net of deferred origination fees and direct costs, and an allowance for credit losses. Net unamortized deferred origination fees and costs were $6.9 million and $5.1 million as of March 31, 2022 and 2021, respectively. The Company recognizes interest and fee income using the interest method. Charges for late payments are credited to income when collected. With the exception of tax advance loans, which are interest free, the Company offers its loans at the prevailing statutory rates for terms not to exceed 60 months. Management believes that the carrying value approximates the fair value of its loan portfolio.
Nonaccrual Policy	Nonaccrual Policy The accrual of interest is discontinued when a loan is 61 days or more past the contractual due date. When the interest accrual is discontinued, all unpaid accrued interest is reversed against interest income. While a loan is on nonaccrual status, interest revenue is recognized only when a payment is received. Once a loan moves to nonaccrual status, it remains in nonaccrual status until it is paid out, charged off or refinanced.
Allowance for Loan Losses	Allowance for Credit Losses Refer to Note 2, “Allowance for Credit Losses and Credit Quality Information”, for information regarding the Company's adoption of the CECL allowance model on April 1, 2020 and a description of the methodology it utilizes.
Impaired Loans	Impaired LoansThe Company defines impaired loans as bankrupt accounts and accounts 91 days or more past due on a recency basis. In accordance with the Company’s charge-off policy, once a loan is deemed uncollectible, 100% of the net investment is charged off, except in the case of a borrower who has filed for bankruptcy. As of March 31, 2022 and 2021, bankrupt accounts that had not been charged off were approximately $5.4 million and $3.2 million, respectively.  Bankrupt accounts 91 days or more past due on a recency basis are reserved at 100% of the gross loan balance. The Company also considers any accounts 91 days or more past due on a recency basis to be impaired, and such accounts are reserved at 100% of the gross loan balance, less a rehab rate for defaulted loans that do not charge-off.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation is recorded using the straight-line method over the estimated useful life of the related asset as follows: buildings, 25 to 40 years; furniture and fixtures, 5 to 10 years; equipment, 3 to 7 years; and vehicles, 3 years. Amortization of leasehold improvements is recorded using the straight-line method over the lesser of the estimated useful life of the asset, which is generally five years, or the lease term, which is generally three
Leases	Leases For any new or modified lease, the Company, at the inception of the contract, determines whether a contract is or contains a lease. The Company records right-of-use ("ROU") assets and lease obligations for its finance and operating leases, which are initially recognized based on the discounted future lease payments over the term of the lease. The Company uses its effective annual interest rate as the discount rate when evaluating leases. Refer to Note 9, "Leases", for further discussion of the discount rate. Lease term is defined as the non-cancelable period of the lease plus any options to extend or terminate the lease when it is reasonably certain that the Company will exercise the option. The Company has elected not to recognize ROU asset and lease obligations for its short-term equipment leases, which are defined as leases with an initial term of 12 months or less. Further, the Company has elected to not separate lease from non-lease components. Variable lease costs include expenses such as common area maintenance, utilities, and repairs and maintenance.
Other Assets	Other Assets Other assets include cash surrender value of life insurance policies, prepaid expenses, debt issuance costs related to the senior notes payable, and other deposits.
Debt Issuance Costs	Debt Issuance Costs In accordance with ASC 835, debt issuance costs related to the senior unsecured notes payable are presented as a direct deduction from its carrying value in the Consolidated Balance Sheets. Unamortized debt issuance costs related to the senior unsecured notes payable as of March 31, 2022 were $4.6 million. There were no debt issuance costs related to the senior unsecured notes payable as of March 31, 2021. As the Company intends to pay down the senior notes payable throughout the contractual arrangement, debt issuance costs related to this arrangement are presented as an asset within Other assets in the Consolidated Balance Sheets as discussed above. Unamortized debt issuance costs related to the senior notes payable as of March 31, 2022 and 2021 were $0.7 million and $1.3 million, respectively.
Intangible Assets and Goodwill	Intangible Assets and Goodwill Intangible assets include the cost of acquiring existing customers ("customer lists"), and the fair value assigned to non-compete agreements. Customer lists are amortized on a straight line or accelerated basis over their estimated period of benefit, ranging from 8 to 23 years with a weighted average of approximately 9.4 years. Non-compete agreements are amortized on a straight line basis over the term of the agreement, ranging from 3 to 5.3 years with a weighted average of approximately 4.7 years. Customer lists are allocated at a branch level and are evaluated for impairment at a branch level when a triggering event occurs, in accordance with FASB ASC Topic 360-10-05. 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 a branch 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. 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 branches the Company acquires are small, privately-owned branches, which do not have sufficient historical data to determine customer 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 estimate of attrition for acquired customers. This estimation method is re-evaluated periodically.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company assesses impairment of long-lived assets, including property and equipment and intangible assets, whenever changes or events indicate that the carrying amount may not be recoverable. The Company assesses impairment of these assets generally at the branch level based on the operating cash flows of the branch and the Company’s plans for branch closings. The Company will write down such assets to fair value if, based on an analysis, the sum of the expected future undiscounted cash flows is less than the carrying amount of the assets. The Company did not record any impairment charges for the fiscal years ended March 31, 2022, 2021, or 2020.
Fair Value of Financial Instruments	Fair Value of Financial Instruments FASB ASC Topic 825 requires disclosures about the fair value of all financial instruments, regardless of whether the financial instrument is recognized on the balance sheet, for which it is practicable to estimate that value. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. The Company’s financial instruments for the periods reported consist of the following: cash and cash equivalents, loans receivable, senior notes payable, and senior unsecured notes payable.. Loans receivable are originated at prevailing market rates and have an average life of approximately 8 months. Given the short-term nature of these loans, they are continually repriced at current market rates. The Company’s senior notes payable has a variable rate based on a margin over LIBOR and reprices with any changes in LIBOR. The fair value of the senior unsecured notes payable is estimated based on quoted prices in markets that are not active.
Insurance Premiums and Commissions	Insurance Premiums and CommissionsInsurance premiums for credit life, accident and health, property and unemployment insurance written in connection with certain loans, net of refunds and applicable advance insurance commissions retained by the Company, are remitted monthly to an insurance company. All commissions are credited to unearned insurance commissions and recognized as income over the life of the related insurance contracts. The Company recognizes insurance income using the Rule of 78s method for credit life (decreasing term), credit accident and health, unemployment insurance and the Pro Rata method for credit life (level term) and credit property.
Non-filing Insurance	Non-filing Insurance Non-filing insurance premiums are charged on certain loans in lieu of recording and perfecting the Company's security interest in the assets pledged. The premiums and recoveries are remitted to a third party insurance company and are not reflected in the accompanying Consolidated Financial Statements (see Note 8). Claims paid by the third party insurance company result in a reduction to loan losses. Certain losses related to such loans, which are not recoverable through life, accident and health, property, or unemployment insurance claims, are reimbursed through non-filing insurance claims subject to policy limitations. Any remaining losses are charged to the allowance for credit losses.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment related to additional facts and circumstances occurs.
Earnings Per Share	Earnings Per Share Earnings per share (“EPS”) is computed in accordance with FASB ASC Topic 260. Basic EPS includes no dilution and is computed by dividing net income by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution of securities that could share in the earnings of the Company. Potential common stock included in the diluted EPS computation consists of stock options and restricted stock, which are computed using the treasury stock method. See Note 11 for the reconciliation of the numerators and denominators for basic and dilutive EPS calculations.
Stock-Based Compensation	Stock-Based Compensation FASB ASC Topic 718-10 requires companies to recognize in the income statement the grant-date fair value of stock options and other equity-based compensation issued to employees. FASB ASC Topic 718-10 does not change the accounting guidance for share-based payment transactions with parties other than employees provided in FASB ASC Topic 718-10. Under FASB ASC Topic 718-10, the way an award is classified will affect the measurement of compensation cost. Liability-classified awards are remeasured to fair value at each balance-sheet date until the award is settled. Equity-classified awards are measured at grant-date fair value, amortized over the subsequent vesting period, and are not subsequently remeasured. The fair value of non-vested stock awards for the purposes of recognizing stock-based compensation expense is the market price of the stock on the grant date. The fair value of options is estimated on the grant date using the Black-Scholes option pricing model (see Note 12). The Company accounts for forfeitures as they occur. At March 31, 2022, the Company had several share-based employee compensation plans, which are described more fully in Note 12.
Share Repurchases	Share Repurchases On February 24, 2022, the Board of Directors authorized the Company to repurchase up to $30.0 million of the Company’s outstanding common stock, inclusive of the amount that remains available for repurchase under prior repurchase authorizations. As of March 31, 2022, the Company had $15.4 million in aggregate remaining repurchase capacity under its current share repurchase program. The timing and actual number of shares of common stock repurchased will depend on a variety of factors, including the stock price, corporate and regulatory requirements, restrictions under the revolving credit facility and other market and economic conditions. The Company continues to believe stock repurchases are a viable component of the Company’s long-term financial strategy and an excellent use of excess cash when the opportunity arises. However, our revolving credit agreement and the Notes limit share repurchases to $90 million from March 26, 2021 through June 30, 2022 plus up to 50% of consolidated adjusted net income for the period commencing January 1, 2019. As of March 31, 2022 our debt outstanding was $697.0 million and our shareholders' equity was $373.0 million resulting in a debt-to-equity ratio of 1.9:1.0.
Concentration of Risk	Concentration of Risk The Company generally serves individuals with limited access to other sources of consumer credit such as banks, credit unions, other consumer finance businesses and credit card lenders. During the year ended March 31, 2022, the Company operated in sixteen states in the United States. For fiscal years ended March 31, 2022, 2021, and 2020, gross loan receivable within the Company's four largest states accounted for approximately 53% of the Company's gross loans receivable balance.
Advertising Costs	Advertising CostsAdvertising costs are expensed when incurred.
Recently Adopted Accounting Standards	Recently Issued Accounting Standards Not Yet Adopted Troubled Debt Restructurings and Vintage Disclosures In March 2022, the FASB issued ASU 2022-02, Troubled Debt Restructurings and Vintage Disclosures . The amendments in this update eliminate the accounting guidance for troubled debt restructurings by creditors in Subtopic 310-40, Receivables—Troubled Debt Restructurings by Creditors , while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Additionally, for public business entities, the amendments in this update require that an entity disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost . For entities that have adopted the amendments in Update 2016-13, the amendments in this update are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years and should be applied prospectively, with the exception of the transition method related to the recognition and measurement of troubled debt restructurings in which an entity has the option to apply a modified retrospective transition method. Early adoption is permitted. We are currently evaluating the impact the adoption of this update will have 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.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Summary of gross loan	The following table sets forth information about our loan products for fiscal 2022: Minimum Origination Maximum Origination Minimum Term Maximum Term Small loans $ 500 $ 2,450 7 36 Large loans 2,500 25,000 9 60 Tax advance loans 500 5,000 8 8 Gross loans receivable at March 31, 2022 and 2021 consisted of the following: 2022 2021 Small loans $ 727,852,627 $ 620,959,979 Large loans 789,112,912 475,470,271 Tax advance loans 5,823,321 8,316,011 Total gross loans $ 1,522,788,860 $ 1,104,746,261 The following is a summary of gross loans receivable by Customer Tenure as of: Customer Tenure March 31, 2022 March 31, 2021 0 to 5 months $ 198,740,475 $ 92,378,097 6 to 17 months 133,665,566 106,742,121 18 to 35 months 204,940,323 169,361,910 36 to 59 months 208,936,027 130,655,627 60+ months 770,683,149 597,292,495 Tax advance loans 5,823,320 8,316,011 Total gross loans $ 1,522,788,860 $ 1,104,746,261

Allowance for Credit Losses a_2

Allowance for Credit Losses and Credit Quality Information (Tables)	12 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Summary of gross loan	The following table sets forth information about our loan products for fiscal 2022: Minimum Origination Maximum Origination Minimum Term Maximum Term Small loans $ 500 $ 2,450 7 36 Large loans 2,500 25,000 9 60 Tax advance loans 500 5,000 8 8 Gross loans receivable at March 31, 2022 and 2021 consisted of the following: 2022 2021 Small loans $ 727,852,627 $ 620,959,979 Large loans 789,112,912 475,470,271 Tax advance loans 5,823,321 8,316,011 Total gross loans $ 1,522,788,860 $ 1,104,746,261 The following is a summary of gross loans receivable by Customer Tenure as of: Customer Tenure March 31, 2022 March 31, 2021 0 to 5 months $ 198,740,475 $ 92,378,097 6 to 17 months 133,665,566 106,742,121 18 to 35 months 204,940,323 169,361,910 36 to 59 months 208,936,027 130,655,627 60+ months 770,683,149 597,292,495 Tax advance loans 5,823,320 8,316,011 Total gross loans $ 1,522,788,860 $ 1,104,746,261
Assessment of the credit quality	The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at March 31, 2022: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,322,332,136 $ 34,273,199 $ 2,665,078 $ 152,105 $ 21,539 $ 3,972 $ 1,359,448,029 30 - 60 days past due 49,517,859 2,114,463 247,291 28,011 2,664 — 51,910,288 61 - 90 days past due 36,707,960 989,136 130,763 13,031 5,594 — 37,846,484 91 or more days past due 64,238,626 3,239,753 248,596 24,377 5,386 4,001 67,760,739 Total $ 1,472,796,581 $ 40,616,551 $ 3,291,728 $ 217,524 $ 35,183 $ 7,973 $ 1,516,965,540 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 4,737,741 $ 7,033 $ — $ — $ — $ — $ 4,744,774 30 - 60 days past due 1,060,811 1,334 — — — — 1,062,145 61 - 90 days past due — 432 — — — — 432 91 or more days past due 2,922 13,047 — — — — 15,969 Total $ 5,801,474 $ 21,846 $ — $ — $ — $ — $ 5,823,320 Total gross loans $ 1,522,788,860 The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at March 31, 2021: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 970,526,682 $ 45,769,052 $ 2,102,732 $ 154,890 $ 14,444 $ 831 $ 1,018,568,631 30 - 60 days past due 21,862,634 2,011,261 153,417 21,426 3,500 2,069 24,054,307 61 - 90 days past due 18,039,010 1,208,936 88,119 11,800 571 — 19,348,436 91 or more days past due 31,126,328 3,120,210 183,434 14,028 14,708 168 34,458,876 Total $ 1,041,554,654 $ 52,109,459 $ 2,527,702 $ 202,144 $ 33,223 $ 3,068 $ 1,096,430,250 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 7,583,075 $ 9,360 $ — $ — $ — $ — $ 7,592,435 30 - 60 days past due 686,667 1,423 — — — — 688,090 61 - 90 days past due — — 321 — — — 321 91 or more days past due — 34,509 656 — — — 35,165 Total $ 8,269,742 $ 45,292 $ 977 $ — $ — $ — $ 8,316,011 Total gross loans $ 1,104,746,261 The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at March 31, 2022: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,290,448,366 $ 29,913,995 $ 1,994,474 $ 68,836 $ 9,586 $ 699 $ 1,322,435,956 30 - 60 days past due 57,225,953 1,508,794 91,118 5,519 — — 58,831,384 61 - 90 days past due 45,276,797 1,271,187 96,233 986 — — 46,645,203 91 or more days past due 79,845,465 7,922,574 1,109,903 142,183 25,598 7,274 89,052,997 Total $ 1,472,796,581 $ 40,616,550 $ 3,291,728 $ 217,524 $ 35,184 $ 7,973 $ 1,516,965,540 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 4,737,741 $ — $ — $ — $ — $ — $ 4,737,741 30 - 60 days past due 1,060,329 — — — — — 1,060,329 61 - 90 days past due — — — — — — — 91 or more days past due 3,404 21,846 — — — — 25,250 Total $ 5,801,474 $ 21,846 $ — $ — $ — $ — $ 5,823,320 Total gross loans $ 1,522,788,860 The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at March 31, 2021: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 948,353,853 $ 39,661,944 $ 1,522,148 $ 83,073 $ 1,790 $ 831 $ 989,623,639 30 - 60 days past due 29,300,148 1,872,816 72,187 1,322 — — 31,246,473 61 - 90 days past due 23,075,264 1,363,196 75,343 567 — — 24,514,370 91 or more days past due 40,825,388 9,211,503 858,024 117,183 31,433 2,237 51,045,768 Total $ 1,041,554,653 $ 52,109,459 $ 2,527,702 $ 202,145 $ 33,223 $ 3,068 $ 1,096,430,250 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 7,583,075 $ — $ — $ — $ — $ — $ 7,583,075 30 - 60 days past due 686,667 — — — — — 686,667 61 - 90 days past due — — — — — — — 91 or more days past due — 45,292 977 — — — 46,269 Total $ 8,269,742 $ 45,292 $ 977 $ — $ — $ — $ 8,316,011 Total gross loans $ 1,104,746,261
Summary of the past due receivables	The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at March 31, 2022: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 145,168,588 $ 13,450,365 $ 14,196,717 $ 25,924,805 $ 53,571,887 $ 198,740,475 6 to 17 months 116,065,794 5,548,699 4,148,743 7,902,330 17,599,772 133,665,566 18 to 35 months 183,697,553 7,220,814 4,903,686 9,118,270 21,242,770 204,940,323 36 to 59 months 193,820,229 5,951,049 3,452,087 5,712,662 15,115,798 208,936,027 60+ months 720,695,865 19,739,361 11,145,251 19,102,672 49,987,284 770,683,149 Tax advance loans 4,744,774 1,062,145 432 15,969 1,078,546 5,823,320 Total gross loans 1,364,192,803 52,972,433 37,846,916 67,776,708 158,596,057 1,522,788,860 Unearned interest, insurance and fees (361,055,818) (14,020,016) (10,016,802) (17,938,208) (41,975,026) (403,030,844) Total net loans $ 1,003,136,985 $ 38,952,417 $ 27,830,114 $ 49,838,500 $ 116,621,031 $ 1,119,758,016 Percentage of period-end gross loans receivable 3.5% 2.5% 4.5% 10.4% The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at March 31, 2021: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 72,702,970 $ 4,799,102 $ 5,680,380 $ 9,195,642 $ 19,675,124 $ 92,378,094 6 to 17 months 94,466,209 3,187,347 2,798,411 6,290,155 12,275,913 106,742,122 18 to 35 months 158,217,605 3,570,696 2,592,402 4,981,208 11,144,306 169,361,911 36 to 59 months 123,542,346 2,432,489 1,753,291 2,927,501 7,113,281 130,655,627 60+ months 569,639,500 10,064,674 6,523,952 11,064,370 27,652,996 597,292,496 Tax advance loans 7,592,435 688,090 321 35,165 723,576 8,316,011 Total gross loans 1,026,161,065 24,742,398 19,348,757 34,494,041 78,585,196 1,104,746,261 Unearned interest, insurance and fees (259,492,219) (6,256,776) (4,892,850) (8,722,739) (19,872,365) (279,364,584) Total net loans $ 766,668,846 $ 18,485,622 $ 14,455,907 $ 25,771,302 $ 58,712,831 $ 825,381,677 Percentage of period-end gross loans receivable 2.2% 1.8% 3.1% 7.1% The following table provides a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at March 31, 2022: Days Past Due - Contractual Basis Loans Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 140,570,461 $ 14,090,712 $ 15,380,836 $ 28,698,466 $ 58,170,014 $ 198,740,475 6 to 17 months 112,465,841 6,032,347 4,922,939 10,244,439 21,199,725 133,665,566 18 to 35 months 177,565,328 8,067,815 6,273,351 13,033,829 27,374,995 204,940,323 36 to 59 months 188,849,569 6,994,891 4,624,136 8,467,431 20,086,458 208,936,027 60+ months 702,984,756 23,645,619 15,443,941 28,608,833 67,698,393 770,683,149 Tax advance loans 4,737,742 1,060,329 — 25,249 1,085,578 5,823,320 Total gross loans $ 1,327,173,697 $ 59,891,713 $ 46,645,203 $ 89,078,247 $ 195,615,163 $ 1,522,788,860 Unearned interest, insurance and fees $ (351,258,109) $ (15,851,316) $ (12,345,412) $ (23,576,007) $ (51,772,735) $ (403,030,844) Total net loans $ 975,915,588 $ 44,040,397 $ 34,299,791 $ 65,502,240 $ 143,842,428 $ 1,119,758,016 Percentage of period-end gross loans receivable 3.9% 3.1% 5.8% 12.8% The following table provides a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at March 31, 2021: Days Past Due - Contractual Basis Loans Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 70,532,439 $ 5,245,878 $ 6,019,264 $ 10,580,514 $ 21,845,656 $ 92,378,095 6 to 17 months 90,679,304 3,936,937 3,267,446 8,858,434 16,062,817 106,742,121 18 to 35 months 153,922,334 4,471,202 3,488,629 7,479,745 15,439,576 169,361,910 36 to 59 months 120,168,698 3,229,253 2,337,625 4,920,052 10,486,930 130,655,628 60+ months 554,320,865 14,363,203 9,401,406 19,207,022 42,971,631 597,292,496 Tax advance loans 7,583,075 686,667 — 46,269 732,936 8,316,011 Total gross loans $ 997,206,715 $ 31,933,140 $ 24,514,370 $ 51,092,036 $ 107,539,546 $ 1,104,746,261 Unearned interest, insurance and fees $ (252,170,339) $ (8,075,147) $ (6,199,113) $ (12,919,985) $ (27,194,245) $ (279,364,584) Total net loans $ 745,036,376 $ 23,857,993 $ 18,315,257 $ 38,172,051 $ 80,345,301 $ 825,381,677 Percentage of period-end gross loans receivable 2.9% 2.2% 4.6% 9.7%
Financing Receivable, Nonaccrual	It also shows year-to-date interest income recognized on nonaccrual loans for fiscal years ended March 31, 2022 and 2021: Nonaccrual Financial Assets Customer Tenure As of March 31, 2022 Financial Assets 61 Days or More Past Due, Not on Nonaccrual Status Nonaccrual Financial Assets With No Allowance as of March 31, 2022 Interest Income 0 to 5 months $ 45,227,510 $ — $ — $ 1,485,356 6 to 17 months 15,879,250 — — 1,662,082 18 to 35 months 20,745,106 — — 2,292,776 36 to 59 months 14,232,388 — — 1,602,011 60+ months 47,565,819 — — 5,615,521 Tax advance loans 25,249 — — — Unearned interest, insurance and fees (38,026,011) Total $ 105,649,311 $ — $ — $ 12,657,746 Nonaccrual Financial Assets Customer Tenure As of March 31, 2021 Financial Assets 61 Days or More Past Due, Not on Nonaccrual Status Nonaccrual Financial Assets With No Allowance as of March 31, 2021 Interest Income 0 to 5 months $ 17,191,922 $ — $ — $ 1,705,371 6 to 17 months 13,211,641 — — 2,433,144 18 to 35 months 12,088,377 — — 2,195,160 36 to 59 months 8,161,951 — — 1,609,059 60+ months 31,925,232 — — 6,747,722 Tax advance loans 46,269 — — — Unearned interest, insurance and fees (20,894,036) Total $ 61,731,356 $ — $ — $ 14,690,456
Summary of changes in the allowance for loan losses	The following is a summary of the changes in the allowance for credit losses for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Balance at beginning of period $ 91,722,288 96,487,856 81,519,624 Impact of ASC 326 adoption — 28,628,368 — Provision for credit losses 186,207,341 86,244,714 181,730,182 Charge-offs (164,747,550) (141,270,125) (183,439,199) Recoveries 21,060,785 21,631,475 16,677,249 Balance at end of period $ 134,242,862 91,722,288 96,487,856

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consist of: March 31, 2022 March 31, 2021 Land $ 100,443 100,443 Building and leasehold improvements 18,477,313 17,882,214 Furniture and equipment 56,273,499 52,889,741 74,851,255 70,872,398 Less accumulated depreciation and amortization (50,375,024) (45,546,262) Total $ 24,476,231 25,326,136

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Mar. 31, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross carrying amount and related accumulated amortization of definite-lived intangible assets	The following table provides the gross carrying amount and related accumulated amortization of definite-lived intangible assets: March 31, 2022 March 31, 2021 Gross Carrying Accumulated Net Intangible Asset Gross Carrying Accumulated Net Intangible Asset Cost of customer lists $ 55,730,620 (36,907,598) 18,823,022 $ 54,777,749 (32,322,607) 22,455,142 Value assigned to non-compete agreements 10,528,143 (9,595,051) 933,092 10,252,143 (9,169,768) 1,082,375 Total $ 66,258,763 (46,502,649) 19,756,114 $ 65,029,892 (41,492,375) 23,537,517

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Mar. 31, 2022
Goodwill [Abstract]
Changes in the carrying amount of goodwill	The following summarizes the changes in the carrying amount of goodwill for the years ended March 31, 2022 and 2021: 2022 2021 Balance at beginning of year: Goodwill $ 7,450,422 7,450,422 Accumulated goodwill impairment losses (79,631) (79,631) Goodwill, net $ 7,370,791 7,370,791 Goodwill acquired during the year $ — — Impairment losses — — Balance at end of year: Goodwill $ 7,450,422 7,450,422 Accumulated goodwill impairment losses (79,631) (79,631) Goodwill, net $ 7,370,791 7,370,791

Debt (Tables)

Debt (Tables)	12 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Aggregate annual maturities of the notes payable	As of March 31, 2022, the aggregate annual maturities of the Company's debt arrangements for each of the five fiscal years subsequent to March 31, 2022 were as follows: 2023 $ — 2024 — 2025 396,972,746 2026 — 2027 300,000,000 Total future debt payments $ 696,972,746

Insurance and Other Income (Tab

Insurance and Other Income (Tables)	12 Months Ended
	Mar. 31, 2022
Insurance Commissions and other income [Abstract]
Insurance Commissions and Other Income	Insurance and other income for the years ending March 31, 2022, 2021, and 2020 consist of: 2022 2021 2020 Insurance revenue $ 56,270,249 44,214,454 50,360,730 Tax return preparation revenue 21,698,851 18,098,087 20,936,447 Auto club membership revenue 14,758,783 7,863,145 6,254,748 Other 3,993,083 4,244,079 4,150,319 Insurance and other income $ 96,720,966 74,419,765 81,702,244

Non-filing Insurance (Tables)

Non-filing Insurance (Tables)	12 Months Ended
	Mar. 31, 2022
Non-file Insurance [Abstract]
Non-filing Insurance	The Company maintains non-filing insurance coverage with an unaffiliated insurance company. The following is a summary of the non-filing insurance activity for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Insurance premiums written $ 8,804,046 7,072,647 8,251,927 Recoveries on claims paid $ 982,025 959,620 1,001,288 Claims paid $ 6,336,549 5,223,484 7,570,126

Leases (Tables)

Leases (Tables)	12 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Lease costs	The following table reports information about the Company's lease costs for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Lease Cost Finance lease cost $ 427,619 $ 466,168 $ 430,744 Amortization of right-of-use assets 407,624 407,624 347,703 Interest on lease liabilities 19,995 58,544 83,041 Operating lease cost $ 27,529,425 $ 27,977,226 $ 26,244,323 Short-term lease cost — 1,800 4,500 Variable lease cost 3,629,903 3,621,748 3,376,275 Total lease cost $ 31,586,947 $ 32,066,942 $ 30,055,842 The following table reports other information about the Company's leases for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Other Lease Information Cash paid for amounts included in the measurement of lease liabilities $ 27,936,317 $ 28,211,828 $ 26,212,843 Operating cash flows from finance leases 19,994 58,544 83,041 Operating cash flows from operating leases 27,411,037 27,559,260 25,618,886 Financing cash flows from finance leases 505,286 594,024 510,916 Right-of-use assets obtained in exchange for new finance lease liabilities $ — $ — $ 753,736 Right-of-use assets obtained in exchange for new operating lease liabilities $ 15,381,953 $ 12,482,167 $ 36,826,045 Weighted-average remaining lease term — finance leases 0.4 years 0.8 years 1.5 years Weighted average remaining lease term — operating leases 7.3 years 7.3 years 8.4 years Weighted-average discount rate (monthly) — finance leases 6.0 % 6.4 % 6.5 % Weighted-average discount rate — operating leases 6.1 % 6.3 % 6.7 %
Schedule of Operating leases	The aggregate annual lease obligations as of fiscal year March 31, 2022, are as follows: Operating Finance 2023 24,112,009 80,067 2024 20,140,680 — 2025 15,645,906 — 2026 12,034,692 — 2027 7,609,780 — Thereafter 30,106,884 — Total undiscounted lease liability $ 109,649,951 $ 80,067 Imputed interest 22,250,902 — Total discounted lease liability $ 87,399,049 $ 80,067
Schedule of Finance leases	The aggregate annual lease obligations as of fiscal year March 31, 2022, are as follows: Operating Finance 2023 24,112,009 80,067 2024 20,140,680 — 2025 15,645,906 — 2026 12,034,692 — 2027 7,609,780 — Thereafter 30,106,884 — Total undiscounted lease liability $ 109,649,951 $ 80,067 Imputed interest 22,250,902 — Total discounted lease liability $ 87,399,049 $ 80,067

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	Income tax expense (benefit) consists of: Current Deferred Total Year ended March 31, 2022 Federal $ 22,262,110 (11,892,354) 10,369,756 State and local 4,206,087 (2,916,361) 1,289,726 $ 26,468,197 (14,808,715) 11,659,482 Year ended March 31, 2021 Federal $ 16,443,592 4,077,609 20,521,201 State and local 1,025,645 1,573,753 2,599,398 $ 17,469,237 5,651,362 23,120,599 Year ended March 31, 2020 Federal $ 3,307,872 (224,604) 3,083,268 State and local 2,871,179 797,518 3,668,697 $ 6,179,051 572,914 6,751,965
Income tax expense reconciliation to U.S federal income tax rate to pretax income	The differences between income taxes expected at the U.S. federal statutory income tax rate of 21% and the reported income tax expense for March 31, 2022, 2021 and 2020 are summarized as follows: 2022 2021 2020 Expected income tax $ 13,771,657 23,394,720 7,330,983 Increase (reduction) in income taxes resulting from: State tax (excluding state tax credits), net of federal benefit 1,489,800 2,053,524 3,398,271 Federal tax credits (net) (1,193,021) (1,173,435) (7,616,236) State tax credits (470,916) — (500,000) Uncertain tax positions (555,252) (2,107,263) (167,455) Nondeductible penalties 2,866 8,274 4,562,830 Executive compensation limitation under Section 162(m) 1,918,618 1,203,203 1,305,975 Excess tax benefits related to equity compensation (3,237,682) (996,769) (612,987) Prior year adjustments (51,728) (30,953) (672,358) Other, net (14,860) 769,298 (277,058) $ 11,659,482 23,120,599 6,751,965
Tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at March 31, 2022 and 2021 are presented below: 2022 2021 Deferred tax assets: Allowance for credit losses $ 33,481,188 22,908,670 Unearned insurance commissions 15,453,501 10,080,766 Accrued expenses primarily related to employee benefits 12,549,474 13,676,701 Reserve for uncollectible interest 1,261,035 645,113 Lease liability 21,575,596 22,231,591 Intangible assets 254,986 — Foreign tax credit carryforward 3,254,926 3,254,926 Capital loss carryforward 7,966,326 7,928,184 State net operating loss carryforwards 3,849,158 78,358 Gross deferred tax assets 99,646,190 80,804,309 Less valuation allowance (14,723,244) (11,184,384) Net deferred tax assets 84,922,946 69,619,925 Deferred tax liabilities: Fair value adjustment for loans receivable (13,896,840) (12,362,590) Property and equipment (4,875,859) (5,902,421) Intangible assets — (243,574) Deferred net loan origination costs (1,708,369) (1,268,653) Prepaid expenses (1,785,906) (1,412,337) Right-of-use asset (21,273,281) (21,826,178) Other (1,581,234) (1,611,430) Gross deferred tax liabilities (45,121,489) (44,627,183) Deferred income taxes, net $ 39,801,457 24,992,742
Reconciliation of the beginning and ending amount of unrecognized tax benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits at March 31, 2022, 2021, and 2020 are presented below: 2022 2021 2020 Unrecognized tax benefit balance beginning of year $ 1,811,244 4,351,811 4,043,623 Gross increases for tax positions of current year 153,754 36,541 246,725 Gross increases (decreases) for tax positions of prior years — — 786,674 Settlements with tax authorities — (1,968,702) — Lapse of statute of limitations (348,882) (608,406) (725,211) Unrecognized tax benefit balance end of year $ 1,616,116 1,811,244 4,351,811

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Summary of basic and diluted average common shares outstanding	The following is a reconciliation of the numerators and denominators of the basic and diluted EPS calculations: For the year ended March 31, 2022 Income Shares Per Share Basic EPS Net income available to common shareholders $ 53,919,837 6,072,170 $ 8.88 Effect of dilutive securities options and restricted stock — 291,896 Diluted EPS Net income available to common shareholders including dilutive securities $ 53,919,837 6,364,066 $ 8.47 For the year ended March 31, 2021 Income Shares Per Share Amount Basic EPS Net income available to common shareholders $ 88,282,828 6,493,898 $ 13.59 Effect of dilutive securities options and restricted stock — 178,212 Diluted EPS Net income available to common shareholders including dilutive securities $ 88,282,828 6,672,110 $ 13.23 For the year ended March 31, 2020 Income Shares Per Share Amount Basic EPS Net income available to common shareholders $ 28,157,478 7,688,242 $ 3.66 Effect of dilutive securities options and restricted stock — 264,658 Diluted EPS Net income available to common shareholders including dilutive securities $ 28,157,478 7,952,900 $ 3.54

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Mar. 31, 2022
Share-based Payment Arrangement [Abstract]
Schedule of performance shares, activity	The Performance Share performance targets are set forth below. Trailing 4-Quarter EPS Targets for Restricted Stock Eligible for Vesting $16.35 40% $20.45 60% Trailing 4-Quarter EPS Targets for Options Eligible for Vesting $25.30 100%
Schedule of weighted-average assumptions	This fair value was estimated at grant date using the weighted-average assumptions listed below. 2022 2021 2020 Dividend yield 0 % 0 % 0 % Expected volatility 57.82 % 57.53 % 52.28 % Average risk-free interest rate 1.02 % 0.59 % 1.58 % Expected life 6.0 years 6.3 years 6.3 years
Summary schedule of stock option activity	Option activity for the year ended March 31, 2022 was as follows: Shares Weighted Weighted Aggregate Options outstanding, beginning of year 500,168 $ 93.89 Granted 22,255 184.76 Exercised (154,699) 82.78 Forfeited (19,158) 99.25 Expired — — Options outstanding, end of period 348,566 1 $ 104.33 6.43 $ 30,551,741 Options exercisable, end of period 101,029 $ 89.77 4.76 $ 10,312,456
Intrinsic value of options exercised	The total intrinsic value of options exercised during the years ended March 31, 2022, 2021, and 2020 was as follows: 2022 2021 2020 $17,494,865 $9,996,167 $5,083,094
Summary of the status and changes restricted stock	A summary of the status of the Company’s restricted stock as of March 31, 2022 and changes during the year ended March 31, 2022, are presented below: Shares Weighted Average Fair Outstanding at March 31, 2021 614,739 $ 101.99 Granted during the period 4,062 188.38 Vested during the period (66,299) 102.93 Forfeited during the period — — Outstanding at March 31, 2022 552,502 $ 102.51
Share-based compensation included as a component of net income	Total stock-based compensation included as a component of net income during the years ended March 31, 2022, 2021, and 2020 was as follows: 2022 2021 2020 Stock-based compensation related to equity classified units: Stock-based compensation related to stock options $ 3,473,913 3,804,674 5,522,883 Stock-based compensation related to restricted stock 14,109,082 15,476,604 23,429,278 Total stock-based compensation related to equity classified awards $ 17,582,995 19,281,278 28,952,161

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Mar. 31, 2022
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition	The following table sets forth the acquisition activity of the Company for the years ended March 31, 2022, 2021, and 2020: 2022 2021 2020 Number of branches acquired through business combinations — — 38 Number of asset purchases 50 50 140 Total acquisitions 50 50 178 Purchase price $ 10,859,984 $ 19,774,252 $ 61,555,973 Tangible assets: Loans receivable, net 9,631,112 15,210,973 47,026,694 Property and equipment — — 74,000 9,631,112 15,210,973 47,100,694 Excess of purchase prices over fair value of net tangible assets $ 1,228,872 $ 4,563,279 $ 14,455,279 Customer lists $ 952,872 $ 4,365,779 $ 13,228,951 Non-compete agreements 276,000 197,500 890,000 Goodwill — — 336,328

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Book value and estimated fair value of the Company's long-term debt	March 31, 2022 March 31, 2021 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Cash and cash equivalents 1 $ 19,236,322 $ 19,236,322 $ 15,746,454 $ 15,746,454 Loans receivable, net 3 985,515,154 985,515,154 733,659,389 733,659,389 LIABILITIES Senior unsecured notes payable 2 300,000,000 264,639,000 — — Senior notes payable 3 396,972,746 396,972,746 405,007,500 405,007,500
Fair Value Measurements, Nonrecurring	The carrying amounts and estimated fair values of amounts the Company measures at fair value on a non-recurring basis, which are limited to the Company's assets held for sale, are summarized below: March 31, 2022 March 31, 2021 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Assets held for sale 2 $ — $ — $ 1,143,528 $ 1,143,528

Quarterly Information (Unaudi_2

Quarterly Information (Unaudited) (Tables)	12 Months Ended
	Mar. 31, 2022
Quarterly Financial Information Disclosure [Abstract]
Schedule of quarterly financial information	The following sets forth selected quarterly operating data: Fiscal 2022 Fiscal 2021 First Second Third Fourth First Second Third Fourth (Dollars in thousands, except for earnings per share data) Total revenues $ 129,659 137,827 148,572 166,329 123,867 124,441 130,946 146,280 Provision for credit losses 30,266 42,044 56,459 57,439 25,661 26,090 28,857 5,636 General and administrative expenses 73,351 74,989 74,229 74,607 71,608 75,293 77,875 77,411 Interest expense 5,501 6,714 10,166 11,044 5,562 5,893 7,305 6,940 Income tax expense 4,770 1,641 391 4,857 5,527 3,767 2,418 11,409 Net income $ 15,771 12,439 7,327 18,382 15,509 13,398 14,491 44,884 Net income per common share: Basic $ 2.56 2.04 1.20 3.10 2.26 2.01 2.32 7.25 Diluted $ 2.44 1.94 1.14 2.97 2.24 1.96 2.25 6.96

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	12 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Reconciles the major classes of assets held for sale	The following table reconciles the major classes of assets held for sale to the amounts presented in the Consolidated Balance Sheets: March 31, 2022 March 31, 2021 Assets held for sale: Property and equipment, net $ — $ 1,143,528 Total assets held for sale $ — $ 1,143,528

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Details)	12 Months Ended
	Mar. 31, 2022USD ($)segmentsbranch	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)
Business Segments [Abstract]
Number of reportable segments | segments	1
Cash and Cash Equivalents [Abstract]
Restricted cash	$ 7,800,000	$ 7,000,000
Loans and Interest Income [Abstract]
Unamortized deferred origination fees and costs	6,900,000	5,100,000
Gross loans receivable	1,522,788,860	1,104,746,261
Impaired loans [Abstract]
Bankrupt accounts that had not been charged off	5,400,000	3,200,000
Maximum
Loans and Interest Income [Abstract]
Originations	6,000	6,000	$ 6,000
Small loans
Loans and Interest Income [Abstract]
Gross loans receivable	727,852,627	620,959,979
Small loans | Minimum
Loans and Interest Income [Abstract]
Originations	$ 500
Loan term	7 months
Small loans | Maximum
Loans and Interest Income [Abstract]
Originations	$ 2,450
Loan term	36 months
Large loans
Loans and Interest Income [Abstract]
Gross loans receivable	$ 789,112,912	475,470,271
Large loans | Minimum
Loans and Interest Income [Abstract]
Originations	$ 2,500
Loan term	9 months
Large loans | Maximum
Loans and Interest Income [Abstract]
Originations	$ 25,000
Loan term	60 months
Sales finance loans
Loans and Interest Income [Abstract]
Gross loans receivable	$ 5,823,321	$ 8,316,011
Sales finance loans | Minimum
Loans and Interest Income [Abstract]
Originations	$ 500
Loan term	8 months
Sales finance loans | Maximum
Loans and Interest Income [Abstract]
Originations	$ 5,000
Loan term	8 months
United States
Schedule of Subsidiaries Information [Line Items]
Number of offices operated in the United States of America | branch	1,167

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Useful Lives (Details)	12 Months Ended
	Mar. 31, 2022
Minimum
Property, Plant and Equipment [Line Items]
Operating lease, term of contract	3 years
Maximum
Property, Plant and Equipment [Line Items]
Operating lease, term of contract	5 years
Building | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	25 years
Building | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	40 years
Furniture and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	5 years
Furniture and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	10 years
Equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	3 years
Equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	7 years
Vehicles
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	3 years
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Estimated useful life (in years)	5 years

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Intangible Assets (Details)	12 Months Ended
	Mar. 31, 2022USD ($)statesreporting_unit	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)	Feb. 24, 2022USD ($)	Mar. 31, 2019USD ($)
Finite-Lived Intangible Assets [Line Items]
Number of reporting units | reporting_unit	1
Share Repurchases [Abstract]
Amount authorized for repurchase	$ 90,000,000			$ 30,000,000
Amount remaining for repurchase	15,400,000
Amount outstanding	697,000,000
Stockholders' equity	$ 373,024,428	$ 404,927,441	$ 411,963,067		$ 552,116,625
Debt to equity ratio	1.9
Concentration of Risk [Abstract]
Number of states in which entity operates | states	16
Number of states with largest concentration of revenue | states	4
Advertising	$ 18,298,212	17,190,676	$ 24,304,023
Accounts Receivable | Geographic Concentration Risk | 4 Largest States
Concentration of Risk [Abstract]
Concentration risk percentage	53.00%
Revolving Credit Facility
Share Repurchases [Abstract]
Amount outstanding	$ 397,000,000
Customer lists
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life (in years)	9 years 4 months 24 days
Customer lists | Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life (in years)	8 years
Customer lists | Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life (in years)	23 years
Noncompete Agreements
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life (in years)	4 years 8 months 12 days
Noncompete Agreements | Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life (in years)	3 years
Noncompete Agreements | Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life (in years)	5 years 3 months 18 days
Senior notes payable
Finite-Lived Intangible Assets [Line Items]
Unamortized debt issuance costs	$ 700,000	$ 1,300,000
Unsecured Debt
Finite-Lived Intangible Assets [Line Items]
Unamortized debt issuance costs	$ 4,600,000

Allowance for Credit Losses a_3

Allowance for Credit Losses and Credit Quality Information (Gross Loans Receivable By Customer Tenure) (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Mar. 31, 2019
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 1,522,788,860	$ 1,104,746,261
Allowance for credit losses	134,242,862	91,722,288		$ 96,487,856	$ 81,519,624
Accounting Standards Update 2016-13
Financing Receivable, Recorded Investment [Line Items]
Allowance for credit losses			$ 28,600,000
Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	5,823,320	8,316,011
0 to 5 months | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	198,740,475	92,378,097
6 to 17 months | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	133,665,566	106,742,121
18 to 35 months | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	204,940,323	169,361,910
36 to 59 months | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	208,936,027	130,655,627
60+ Months | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 770,683,149	$ 597,292,495

Allowance for Credit Losses a_4

Allowance for Credit Losses and Credit Quality Information (Payment Performance On A Contractual Basis) (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 1,522,788,860	$ 1,104,746,261
Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,472,796,581	1,041,554,654
Financing receivable, between 1 and 2 years ago	40,616,551	52,109,459
Financing receivable, between 2 and 3 years ago	3,291,728	2,527,702
Financing receivable, between 3 and 4 years ago	217,524	202,144
Financing receivable, between 4 and 5 years ago	35,183	33,223
Financing receivable, more than 5 years ago	7,973	3,068
Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,516,965,540	1,096,430,250
Loans | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	49,517,859	21,862,634
Financing receivable, between 1 and 2 years ago	2,114,463	2,011,261
Financing receivable, between 2 and 3 years ago	247,291	153,417
Financing receivable, between 3 and 4 years ago	28,011	21,426
Financing receivable, between 4 and 5 years ago	2,664	3,500
Financing receivable, more than 5 years ago	0	2,069
Gross loans receivable	51,910,288	24,054,307
Loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	36,707,960	18,039,010
Financing receivable, between 1 and 2 years ago	989,136	1,208,936
Financing receivable, between 2 and 3 years ago	130,763	88,119
Financing receivable, between 3 and 4 years ago	13,031	11,800
Financing receivable, between 4 and 5 years ago	5,594	571
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	37,846,484	19,348,436
Loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	64,238,626	31,126,328
Financing receivable, between 1 and 2 years ago	3,239,753	3,120,210
Financing receivable, between 2 and 3 years ago	248,596	183,434
Financing receivable, between 3 and 4 years ago	24,377	14,028
Financing receivable, between 4 and 5 years ago	5,386	14,708
Financing receivable, more than 5 years ago	4,001	168
Gross loans receivable	67,760,739	34,458,876
Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	5,801,474	8,269,742
Financing receivable, between 1 and 2 years ago	21,846	45,292
Financing receivable, between 2 and 3 years ago	0	977
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	5,823,320	8,316,011
Tax Advance Loan | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,060,811	686,667
Financing receivable, between 1 and 2 years ago	1,334	1,423
Financing receivable, between 2 and 3 years ago	0	0
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	1,062,145	688,090
Tax Advance Loan | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	0	0
Financing receivable, between 1 and 2 years ago	432	0
Financing receivable, between 2 and 3 years ago	0	321
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	432	321
Tax Advance Loan | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	2,922	0
Financing receivable, between 1 and 2 years ago	13,047	34,509
Financing receivable, between 2 and 3 years ago	0	656
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	15,969	35,165
Performing Financing Receivables | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,322,332,136	970,526,682
Financing receivable, between 1 and 2 years ago	34,273,199	45,769,052
Financing receivable, between 2 and 3 years ago	2,665,078	2,102,732
Financing receivable, between 3 and 4 years ago	152,105	154,890
Financing receivable, between 4 and 5 years ago	21,539	14,444
Financing receivable, more than 5 years ago	3,972	831
Performing Financing Receivables | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,359,448,029	1,018,568,631
Performing Financing Receivables | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	4,737,741	7,583,075
Financing receivable, between 1 and 2 years ago	7,033	9,360
Financing receivable, between 2 and 3 years ago	0	0
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	4,744,774	7,592,435
Contractual basis
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,522,788,860	1,104,746,261
Contractual basis | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	59,891,713	31,933,140
Contractual basis | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	46,645,203	24,514,370
Contractual basis | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	89,078,247	51,092,036
Contractual basis | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,472,796,581	1,041,554,653
Financing receivable, between 1 and 2 years ago	40,616,550	52,109,459
Financing receivable, between 2 and 3 years ago	3,291,728	2,527,702
Financing receivable, between 3 and 4 years ago	217,524	202,145
Financing receivable, between 4 and 5 years ago	35,184	33,223
Financing receivable, more than 5 years ago	7,973	3,068
Contractual basis | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,516,965,540	1,096,430,250
Contractual basis | Loans | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	57,225,953	29,300,148
Financing receivable, between 1 and 2 years ago	1,508,794	1,872,816
Financing receivable, between 2 and 3 years ago	91,118	72,187
Financing receivable, between 3 and 4 years ago	5,519	1,322
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	58,831,384	31,246,473
Contractual basis | Loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	45,276,797	23,075,264
Financing receivable, between 1 and 2 years ago	1,271,187	1,363,196
Financing receivable, between 2 and 3 years ago	96,233	75,343
Financing receivable, between 3 and 4 years ago	986	567
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	46,645,203	24,514,370
Contractual basis | Loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	79,845,465	40,825,388
Financing receivable, between 1 and 2 years ago	7,922,574	9,211,503
Financing receivable, between 2 and 3 years ago	1,109,903	858,024
Financing receivable, between 3 and 4 years ago	142,183	117,183
Financing receivable, between 4 and 5 years ago	25,598	31,433
Financing receivable, more than 5 years ago	7,274	2,237
Gross loans receivable	89,052,997	51,045,768
Contractual basis | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	5,801,474	8,269,742
Financing receivable, between 1 and 2 years ago	21,846	45,292
Financing receivable, between 2 and 3 years ago	0	977
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	5,823,320	8,316,011
Contractual basis | Tax Advance Loan | Customer Tenure
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,060,329	686,667
Financing receivable, between 1 and 2 years ago	0	0
Financing receivable, between 2 and 3 years ago	0	0
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	1,060,329	686,667
Contractual basis | Tax Advance Loan | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	0	0
Financing receivable, between 1 and 2 years ago	0	0
Financing receivable, between 2 and 3 years ago	0	0
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	0	0
Contractual basis | Tax Advance Loan | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	3,404	0
Financing receivable, between 1 and 2 years ago	21,846	45,292
Financing receivable, between 2 and 3 years ago	0	977
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	25,250	46,269
Contractual basis | Performing Financing Receivables
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,327,173,697	997,206,715
Contractual basis | Performing Financing Receivables | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,290,448,366	948,353,853
Financing receivable, between 1 and 2 years ago	29,913,995	39,661,944
Financing receivable, between 2 and 3 years ago	1,994,474	1,522,148
Financing receivable, between 3 and 4 years ago	68,836	83,073
Financing receivable, between 4 and 5 years ago	9,586	1,790
Financing receivable, more than 5 years ago	699	831
Contractual basis | Performing Financing Receivables | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,322,435,956	989,623,639
Contractual basis | Performing Financing Receivables | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	4,737,741	7,583,075
Financing receivable, between 1 and 2 years ago	0	0
Financing receivable, between 2 and 3 years ago	0	0
Financing receivable, between 3 and 4 years ago	0	0
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	$ 4,737,741	$ 7,583,075

Allowance for Credit Losses a_5

Allowance for Credit Losses and Credit Quality Information (Summary of Past Due Receivables) (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 1,522,788,860	$ 1,104,746,261
Unearned interest, insurance and fees	403,030,844	279,364,584
Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	5,823,320	8,316,011
Customer Tenure | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	198,740,475	92,378,097
Customer Tenure | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	133,665,566	106,742,121
Customer Tenure | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	204,940,323	169,361,910
Customer Tenure | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	208,936,027	130,655,627
Customer Tenure | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	770,683,149	597,292,495
Recency Basis
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	1,522,788,860	1,104,746,261
Unearned interest, insurance and fees	(403,030,844)	(279,364,584)
Total net loans	$ 1,119,758,016	$ 825,381,677
Financing receivable, percent past due	10.40%	7.10%
Recency Basis | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 5,823,320	$ 8,316,011
Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	198,740,475	92,378,094
Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	133,665,566	106,742,122
Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	204,940,323	169,361,911
Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	208,936,027	130,655,627
Recency Basis | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	770,683,149	597,292,496
Recency Basis | Performing Financing Receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	1,364,192,803	1,026,161,065
Unearned interest, insurance and fees	(361,055,818)	(259,492,219)
Total net loans	1,003,136,985	766,668,846
Recency Basis | Performing Financing Receivables | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	4,744,774	7,592,435
Recency Basis | Performing Financing Receivables | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	145,168,588	72,702,970
Recency Basis | Performing Financing Receivables | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	116,065,794	94,466,209
Recency Basis | Performing Financing Receivables | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	183,697,553	158,217,605
Recency Basis | Performing Financing Receivables | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	193,820,229	123,542,346
Recency Basis | Performing Financing Receivables | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	720,695,865	569,639,500
Recency Basis | Customer Tenure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	52,972,433	24,742,398
Unearned interest, insurance and fees	(14,020,016)	(6,256,776)
Total net loans	$ 38,952,417	$ 18,485,622
Financing receivable, percent past due	3.50%	2.20%
Recency Basis | Customer Tenure | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 1,062,145	$ 688,090
Recency Basis | Customer Tenure | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	13,450,365	4,799,102
Recency Basis | Customer Tenure | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	5,548,699	3,187,347
Recency Basis | Customer Tenure | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	7,220,814	3,570,696
Recency Basis | Customer Tenure | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	5,951,049	2,432,489
Recency Basis | Customer Tenure | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	19,739,361	10,064,674
Recency Basis | 61 - 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	37,846,916	19,348,757
Unearned interest, insurance and fees	(10,016,802)	(4,892,850)
Total net loans	$ 27,830,114	$ 14,455,907
Financing receivable, percent past due	2.50%	1.80%
Recency Basis | 61 - 90 days past due | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 432	$ 321
Recency Basis | 61 - 90 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	14,196,717	5,680,380
Recency Basis | 61 - 90 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	4,148,743	2,798,411
Recency Basis | 61 - 90 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	4,903,686	2,592,402
Recency Basis | 61 - 90 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	3,452,087	1,753,291
Recency Basis | 61 - 90 days past due | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	11,145,251	6,523,952
Recency Basis | 91 or more days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	67,776,708	34,494,041
Unearned interest, insurance and fees	(17,938,208)	(8,722,739)
Total net loans	$ 49,838,500	$ 25,771,302
Financing receivable, percent past due	4.50%	3.10%
Recency Basis | 91 or more days past due | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 15,969	$ 35,165
Recency Basis | 91 or more days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	25,924,805	9,195,642
Recency Basis | 91 or more days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	7,902,330	6,290,155
Recency Basis | 91 or more days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	9,118,270	4,981,208
Recency Basis | 91 or more days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	5,712,662	2,927,501
Recency Basis | 91 or more days past due | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	19,102,672	11,064,370
Recency Basis | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	158,596,057	78,585,196
Unearned interest, insurance and fees	(41,975,026)	(19,872,365)
Total net loans	116,621,031	58,712,831
Recency Basis | Total Past Due | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	1,078,546	723,576
Recency Basis | Total Past Due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	53,571,887	19,675,124
Recency Basis | Total Past Due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	17,599,772	12,275,913
Recency Basis | Total Past Due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	21,242,770	11,144,306
Recency Basis | Total Past Due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	15,115,798	7,113,281
Recency Basis | Total Past Due | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	49,987,284	27,652,996
Contractual basis
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	1,522,788,860	1,104,746,261
Unearned interest, insurance and fees	(403,030,844)	(279,364,584)
Total net loans	$ 1,119,758,016	$ 825,381,677
Financing receivable, percent past due	12.80%	9.70%
Contractual basis | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 5,823,320	$ 8,316,011
Contractual basis | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	198,740,475	92,378,095
Contractual basis | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	133,665,566	106,742,121
Contractual basis | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	204,940,323	169,361,910
Contractual basis | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	208,936,027	130,655,628
Contractual basis | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	770,683,149	597,292,496
Contractual basis | Performing Financing Receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	1,327,173,697	997,206,715
Unearned interest, insurance and fees	(351,258,109)	(252,170,339)
Total net loans	975,915,588	745,036,376
Contractual basis | Performing Financing Receivables | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	4,737,742	7,583,075
Contractual basis | Performing Financing Receivables | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	140,570,461	70,532,439
Contractual basis | Performing Financing Receivables | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	112,465,841	90,679,304
Contractual basis | Performing Financing Receivables | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	177,565,328	153,922,334
Contractual basis | Performing Financing Receivables | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	188,849,569	120,168,698
Contractual basis | Performing Financing Receivables | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	702,984,756	554,320,865
Contractual basis | Customer Tenure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	59,891,713	31,933,140
Unearned interest, insurance and fees	(15,851,316)	(8,075,147)
Total net loans	$ 44,040,397	$ 23,857,993
Financing receivable, percent past due	3.90%	2.90%
Contractual basis | Customer Tenure | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 1,060,329	$ 686,667
Contractual basis | Customer Tenure | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	14,090,712	5,245,878
Contractual basis | Customer Tenure | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	6,032,347	3,936,937
Contractual basis | Customer Tenure | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	8,067,815	4,471,202
Contractual basis | Customer Tenure | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	6,994,891	3,229,253
Contractual basis | Customer Tenure | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	23,645,619	14,363,203
Contractual basis | 61 - 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	46,645,203	24,514,370
Unearned interest, insurance and fees	(12,345,412)	(6,199,113)
Total net loans	$ 34,299,791	$ 18,315,257
Financing receivable, percent past due	3.10%	2.20%
Contractual basis | 61 - 90 days past due | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 0	$ 0
Contractual basis | 61 - 90 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	15,380,836	6,019,264
Contractual basis | 61 - 90 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	4,922,939	3,267,446
Contractual basis | 61 - 90 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	6,273,351	3,488,629
Contractual basis | 61 - 90 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	4,624,136	2,337,625
Contractual basis | 61 - 90 days past due | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	15,443,941	9,401,406
Contractual basis | 91 or more days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	89,078,247	51,092,036
Unearned interest, insurance and fees	(23,576,007)	(12,919,985)
Total net loans	$ 65,502,240	$ 38,172,051
Financing receivable, percent past due	5.80%	4.60%
Contractual basis | 91 or more days past due | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 25,249	$ 46,269
Contractual basis | 91 or more days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	28,698,466	10,580,514
Contractual basis | 91 or more days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	10,244,439	8,858,434
Contractual basis | 91 or more days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	13,033,829	7,479,745
Contractual basis | 91 or more days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	8,467,431	4,920,052
Contractual basis | 91 or more days past due | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	28,608,833	19,207,022
Contractual basis | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	195,615,163	107,539,546
Unearned interest, insurance and fees	(51,772,735)	(27,194,245)
Total net loans	143,842,428	80,345,301
Contractual basis | Total Past Due | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	1,085,578	732,936
Contractual basis | Total Past Due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	58,170,014	21,845,656
Contractual basis | Total Past Due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	21,199,725	16,062,817
Contractual basis | Total Past Due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	27,374,995	15,439,576
Contractual basis | Total Past Due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	20,086,458	10,486,930
Contractual basis | Total Past Due | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Finance receivables	$ 67,698,393	$ 42,971,631

Allowance for Credit Losses a_6

Allowance for Credit Losses and Credit Quality Information (Nonaccrual) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	$ 10,300,000	$ 30,600,000	$ 22,400,000
Financing receivable, nonaccrual	105,649,311	105,649,311	61,731,356
Financing receivable, nonaccrual, no allowance	0	0	0
Interest Income Recognized		12,657,746	14,690,456
Nonaccrual status
Financing Receivable, Nonaccrual [Line Items]
Unearned interest, insurance and fees	(38,026,011)	(38,026,011)	(20,894,036)
61 - 90 days past due
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	0	0	0
Tax Advance Loan
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	25,249	25,249	46,269
Financing receivable, nonaccrual, no allowance	0	0	0
Interest Income Recognized		0	0
Tax Advance Loan | 61 - 90 days past due
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	0	0	0
0 to 5 months
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	45,227,510	45,227,510	17,191,922
Financing receivable, nonaccrual, no allowance	0	0	0
Interest Income Recognized		1,485,356	1,705,371
0 to 5 months | 61 - 90 days past due
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	0	0	0
6 to 17 months
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	15,879,250	15,879,250	13,211,641
Financing receivable, nonaccrual, no allowance	0	0	0
Interest Income Recognized		1,662,082	2,433,144
6 to 17 months | 61 - 90 days past due
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	0	0	0
18 to 35 months
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	20,745,106	20,745,106	12,088,377
Financing receivable, nonaccrual, no allowance	0	0	0
Interest Income Recognized		2,292,776	2,195,160
18 to 35 months | 61 - 90 days past due
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	0	0	0
36 to 59 months
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	14,232,388	14,232,388	8,161,951
Financing receivable, nonaccrual, no allowance	0	0	0
Interest Income Recognized		1,602,011	1,609,059
36 to 59 months | 61 - 90 days past due
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	0	0	0
60+ Months
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	47,565,819	47,565,819	31,925,232
Financing receivable, nonaccrual, no allowance	0	0	0
Interest Income Recognized		5,615,521	6,747,722
60+ Months | 61 - 90 days past due
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	$ 0	$ 0	$ 0

Allowance for Credit Losses a_7

Allowance for Credit Losses and Credit Quality Information (Rollforward of Allowance For Loan Losses) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance				$ 91,722,288				$ 96,487,856	$ 91,722,288	$ 96,487,856	$ 81,519,624
Provision for credit losses	$ 57,439,000	$ 56,459,000	$ 42,044,000	$ 30,266,000	$ 5,636,000	$ 28,857,000	$ 26,090,000	25,661,000	186,207,341	86,244,714	181,730,182
Charge-offs									(164,747,550)	(141,270,125)	(183,439,199)
Recoveries									21,060,785	21,631,475	16,677,249
Ending Balance	$ 134,242,862				$ 91,722,288				$ 134,242,862	91,722,288	96,487,856
Impact of ASC 326 adoption
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance								$ 28,628,368		$ 28,628,368
Ending Balance											$ 28,628,368

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 74,851,255	$ 70,872,398
Less accumulated depreciation and amortization	(50,375,024)	(45,546,262)
Total	24,476,231	25,326,136
Depreciation	6,253,175	6,537,957	$ 6,800,263
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	100,443	100,443
Building and leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	18,477,313	17,882,214
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 56,273,499	$ 52,889,741

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 66,258,763	$ 65,029,892
Accumulated Amortization	(46,502,649)	(41,492,375)
Net Intangible Asset	19,756,114	23,537,517
Estimated amortization expense for intangible assets for future years [Abstract]
2023	4,500,000
2024	4,200,000
2025	3,800,000
2026	3,200,000
2027	2,700,000
Thereafter	1,400,000
Cost of acquiring existing customers
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	55,730,620	54,777,749
Accumulated Amortization	(36,907,598)	(32,322,607)
Net Intangible Asset	18,823,022	22,455,142
Noncompete Agreements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	10,528,143	10,252,143
Accumulated Amortization	(9,595,051)	(9,169,768)
Net Intangible Asset	$ 933,092	$ 1,082,375

Goodwill (Details)

Goodwill (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Balance at beginning of year:
Goodwill	$ 7,450,422	$ 7,450,422
Accumulated goodwill impairment losses	(79,631)	(79,631)
Goodwill, net	7,370,791	7,370,791	$ 7,370,791
Goodwill acquired during the year	0	0
Impairment losses	0	0
Balance at end of year:
Goodwill	7,450,422	7,450,422
Accumulated goodwill impairment losses	(79,631)	(79,631)
Goodwill, net	$ 7,370,791	$ 7,370,791	$ 7,370,791

Debt (Details)

Debt (Details) - USD ($)	Sep. 27, 2021	Mar. 31, 2022	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Line of Credit Facility [Line Items]
Accordion feature permitting the maximum aggregate commitments to increase		$ 785,000,000	$ 785,000,000
Amount outstanding		697,000,000	697,000,000
Standby letters of credit		$ 300,000	$ 300,000
Extension period			1 year
Interest rate		4.50%	4.50%
Commitment fee percentage			0.50%
Unused borrowing capacity fee			$ 1,300,000	$ 1,300,000	$ 1,000,000
Effective interest rate		5.00%	5.00%	5.80%	5.80%
Senior notes payable | Senior Notes Due 2026
Line of Credit Facility [Line Items]
Interest rate	7.00%
Aggregate principal amount	$ 300,000,000
Redemption price, percentage of equity offerings	40.00%
Senior notes payable | Senior Notes Due 2026 | Period One
Line of Credit Facility [Line Items]
Redemption price percent	100.00%
Senior notes payable | Senior Notes Due 2026 | Period Two
Line of Credit Facility [Line Items]
Redemption price percent	107.00%
Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 685,000,000	$ 685,000,000
Amount outstanding		397,000,000	$ 397,000,000
Expiration date			Jun. 7, 2024
Unused amount available		287,700,000	$ 287,700,000
Debt covenants minimum net worth		$ 325,000,000
Debt covenant, maximum ratio of total debt			2.5
Debt covenant, maximum collateral performance indicator percentage			24.00%
Expiration period			60 days
Minimum
Line of Credit Facility [Line Items]
Interest rate		3.50%	3.50%

Debt (Debt Maturities) (Details

Debt (Debt Maturities) (Details)	Mar. 31, 2022USD ($)
Aggregate annual maturities of notes payable [Abstract]
2023	$ 0
2024	0
2025	396,972,746
2026	0
2027	300,000,000
Total future debt payments	$ 696,972,746

Insurance and Other Income (Det

Insurance and Other Income (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Components of Other Income [Line Items]
Insurance and other income	$ 96,720,966	$ 74,419,765	$ 81,702,244
Insurance commissions
Components of Other Income [Line Items]
Insurance and other income	56,270,249	44,214,454	50,360,730
Tax return preparation revenue
Components of Other Income [Line Items]
Insurance and other income	21,698,851	18,098,087	20,936,447
Auto club membership revenue
Components of Other Income [Line Items]
Insurance and other income	14,758,783	7,863,145	6,254,748
Other
Components of Other Income [Line Items]
Insurance and other income	$ 3,993,083	$ 4,244,079	$ 4,150,319

Insurance and Other Income (Rei

Insurance and Other Income (Reinsurance Contracts) (Details) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Insurance Commissions and other income [Abstract]
Net written premiums	$ 9.8	$ 5.9	$ 6.6
Earned premiums	7.6	6	$ 6.2
Cash reserves	$ 6.4	$ 4.3

Non-filing Insurance (Details)

Non-filing Insurance (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Non-file Insurance [Abstract]
Insurance premiums written	$ 8,804,046	$ 7,072,647	$ 8,251,927
Recoveries on claims paid	982,025	959,620	1,001,288
Claims paid	$ 6,336,549	$ 5,223,484	$ 7,570,126

Leases (Details)

Leases (Details)	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Operating Leased Assets [Line Items]
Effective interest rate	5.00%	5.80%	5.80%
Finance lease, term of contract	3 years
Minimum
Operating Leased Assets [Line Items]
Operating lease, term of contract	3 years
Maximum
Operating Leased Assets [Line Items]
Operating lease, term of contract	5 years

Leases (Lease Cost) (Details)

Leases (Lease Cost) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Operating Leases [Abstract]
Finance lease cost	$ 427,619	$ 466,168	$ 430,744
Amortization of right-of-use assets	407,624	407,624	347,703
Interest on lease liabilities	19,995	58,544	83,041
Operating lease cost	27,529,425	27,977,226	26,244,323
Short-term lease cost	0	1,800	4,500
Variable lease cost	3,629,903	3,621,748	3,376,275
Total lease cost	31,586,947	32,066,942	30,055,842
Cash paid for amounts included in the measurement of lease liabilities	27,936,317	28,211,828	26,212,843
Operating cash flows from finance leases	19,994	58,544	83,041
Operating cash flows from operating leases	27,411,037	27,559,260	25,618,886
Financing cash flows from finance leases	505,286	594,024	510,916
Right-of-use assets obtained in exchange for new finance lease liabilities	0	0	753,736
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 15,381,953	$ 12,482,167	$ 36,826,045
Weighted-average remaining lease term — finance leases	4 months 24 days	9 months 18 days	1 year 6 months
Weighted average remaining lease term — operating leases	7 years 3 months 18 days	7 years 3 months 18 days	8 years 4 months 24 days
Weighted-average discount rate (monthly) — finance leases	6.00%	6.40%	6.50%
Weighted-average discount rate — operating leases	6.10%	6.30%	6.70%

Leases (Maturities Of Operating

Leases (Maturities Of Operating Lease ) (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Operating
2023	$ 24,112,009
2024	20,140,680
2025	15,645,906
2026	12,034,692
2027	7,609,780
Thereafter	30,106,884
Total undiscounted lease liability	109,649,951
Imputed interest	22,250,902
Total discounted lease liability	87,399,049	$ 91,132,722
Finance
2023	80,067
2024	0
2025	0
2026	0
2027	0
Thereafter	0
Total undiscounted lease liability	80,067
Imputed interest	0
Total discounted lease liability	$ 80,067	$ 585,353

Income Taxes (Income Tax Expens

Income Taxes (Income Tax Expense Benefit) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Current Income Tax Expense (Benefit) [Abstract]
Federal									$ 22,262,110	$ 16,443,592	$ 3,307,872
State and local									4,206,087	1,025,645	2,871,179
Current income tax expense									26,468,197	17,469,237	6,179,051
Deferred Income Tax Expense (Benefit) [Abstract]
Federal									(11,892,354)	4,077,609	(224,604)
State and local									(2,916,361)	1,573,753	797,518
Deferred income tax benefit									(14,808,715)	5,651,362	572,914
Income Tax Expense (Benefit) [Abstract]
Federal									10,369,756	20,521,201	3,083,268
State and local									1,289,726	2,599,398	3,668,697
Income tax expenses (benefit)	$ 4,857,000	$ 391,000	$ 1,641,000	$ 4,770,000	$ 11,409,000	$ 2,418,000	$ 3,767,000	$ 5,527,000	$ 11,659,482	$ 23,120,599	$ 6,751,965

Income Taxes (Income Tax Reconc

Income Taxes (Income Tax Reconciliation) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Income tax expense reconciliation to U.S. federal tax rate [Abstract]
Expected income tax									$ 13,771,657	$ 23,394,720	$ 7,330,983
Increase (reduction) in income taxes resulting from:
State tax (excluding state tax credits), net of federal benefit									1,489,800	2,053,524	3,398,271
Federal tax credits (net)									(1,193,021)	(1,173,435)	(7,616,236)
State tax credits									(470,916)	0	(500,000)
Uncertain tax positions									(555,252)	(2,107,263)	(167,455)
Nondeductible penalties									2,866	8,274	4,562,830
Executive compensation limitation under Section 162(m)									1,918,618	1,203,203	1,305,975
Excess tax benefits related to equity compensation									(3,237,682)	(996,769)	(612,987)
Prior year adjustments									(51,728)	(30,953)	(672,358)
Other, net									(14,860)	769,298	(277,058)
Income tax expenses (benefit)	$ 4,857,000	$ 391,000	$ 1,641,000	$ 4,770,000	$ 11,409,000	$ 2,418,000	$ 3,767,000	$ 5,527,000	$ 11,659,482	$ 23,120,599	$ 6,751,965

Income Taxes (Deferred Tax Asse

Income Taxes (Deferred Tax Assets and Liabilities) (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Deferred tax assets:
Allowance for credit losses	$ 33,481,188	$ 22,908,670
Unearned insurance commissions	15,453,501	10,080,766
Accrued expenses primarily related to employee benefits	12,549,474	13,676,701
Reserve for uncollectible interest	1,261,035	645,113
Lease liability	21,575,596	22,231,591
Intangible assets	254,986	0
Foreign tax credit carryforward	3,254,926	3,254,926
Capital loss carryforward	7,966,326	7,928,184
State net operating loss carryforwards	3,849,158	78,358
Gross deferred tax assets	99,646,190	80,804,309
Less valuation allowance	(14,723,244)	(11,184,384)
Net deferred tax assets	84,922,946	69,619,925
Deferred tax liabilities:
Fair value adjustment for loans receivable	(13,896,840)	(12,362,590)
Property and equipment	(4,875,859)	(5,902,421)
Intangible assets	0	(243,574)
Deferred net loan origination costs	(1,708,369)	(1,268,653)
Prepaid expenses	(1,785,906)	(1,412,337)
Right-of-use asset	(21,273,281)	(21,826,178)
Other	(1,581,234)	(1,611,430)
Gross deferred tax liabilities	(45,121,489)	(44,627,183)
Deferred income taxes, net	$ 39,801,457	$ 24,992,742

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Income Tax Contingency [Line Items]
U.S. federal income tax rate (in hundredths)		21.00%
State net operating loss carryforwards	$ 3,849,158	$ 78,358
Other, net	(14,860)	769,298	$ (277,058)
Increased deferred tax asset valuation allowance	3,500,000		7,700,000
Valuation allowance	14,723,244	11,184,384
Foreign tax credit carryforward	3,254,926	3,254,926
Capital loss carryforward	7,966,326	7,928,184
Other loss carryforward		200,000
Total gross unrecognized tax benefits including interest	2,200,000	3,100,000	5,800,000
Unrecognized tax benefits that are permanent in nature and, if recognized, would affect the annual effective tax rate	2,000,000	2,600,000	5,200,000
Gross unrecognized tax benefit expected to resolved	1,300,000
Accrued gross interest	600,000	1,200,000	1,400,000
Current period gross interest expense	200,000	300,000	$ (100,000)
Domestic Tax Authority
Income Tax Contingency [Line Items]
Operating loss carryforwards	63,800,000
Other, net	300,000
Operating loss subject to expiration	1,000
Colorado | Domestic Tax Authority
Income Tax Contingency [Line Items]
Operating loss subject to expiration	55,400,000
Valuation allowance	$ 3,500,000
Mexico
Income Tax Contingency [Line Items]
Capital loss carryforward		37,000,000
United States
Income Tax Contingency [Line Items]
Capital loss carryforward		$ 900,000

Income Taxes (Unrecognized Tax

Income Taxes (Unrecognized Tax Benefits) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Reconciliation of the beginning and ending amount of unrecognized tax benefits [Roll Forward]
Unrecognized tax benefit balance beginning of year	$ 1,811,244	$ 4,351,811	$ 4,043,623
Gross increases for tax positions of current year	153,754	36,541	246,725
Gross increases (decreases) for tax positions of prior years	0	0	786,674
Settlements with tax authorities	0	(1,968,702)	0
Lapse of statute of limitations	(348,882)	(608,406)	(725,211)
Unrecognized tax benefit balance end of year	$ 1,616,116	$ 1,811,244	$ 4,351,811

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Income (Numerator)
Income from continuing operations	$ 53,919,837	$ 88,282,828	$ 28,157,478
Shares (Denominator)
Income available to common shareholders (in shares)	6,072,170	6,493,898	7,688,242
Effect of dilutive securities options and restricted stock (in shares)	291,896	178,212	264,658
Income available to common shareholders, diluted (in shares)	6,364,066	6,672,110	7,952,900
Per Share Amount
Income from continuing operations available to common shareholders, Basic (in dollar per share)	$ 8.88	$ 13.59	$ 3.66
Income from continuing operations available to common shareholders, dilutive (in dollar per share)	$ 8.47	$ 13.23	$ 3.54
Antidilutive securities (in shares)	412,015	608,087	656,347

Benefit Plans (Details)

Benefit Plans (Details)	Oct. 15, 2018	Mar. 31, 2022USD ($)installmentquartershares	Mar. 31, 2022USD ($)installmentquarter$ / sharesshares	Mar. 31, 2021USD ($)$ / sharesshares	Mar. 31, 2020USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum contribution from employer			50.00%
Employer matching contribution, percent			6.00%
Employer contribution, percent of match			3.00%
Amount of cost recognized			$ 1,800,000	$ 1,600,000	$ 1,600,000
Annual salary increase used for estimating unfunded liability		3.50%
Discount rate used for estimating unfunded liability		6.00%	6.00%
Retirement age used for estimating unfunded liability		65
Stock Option Plans
Number of shares available for grant (in shares) | shares		105,660	105,660
Percentage of shares subject to performance shares			100.00%
Weighted-average fair value at the grant date | $ / shares			$ 99.14	$ 58.48	$ 57.69
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Stock-based compensation			$ 17,582,995	$ 19,281,278	$ 28,952,161
Stock Options Plans
Stock Option Plans
Shares of authorized common stock reserved for issuance (in shares) | shares		3,350,000	3,350,000
Compensation Cost Not yet Recognized
Total unrecognized stock-based compensation expense related to non-vested stock options		$ 6,100,000	$ 6,100,000
Weighted average period for recognition			2 years 3 months 18 days
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Weighted average period for recognition			2 years 3 months 18 days
Stock-based compensation			$ 3,473,913	$ 3,804,674	$ 5,522,883
Outstanding number | shares		348,566	348,566	500,168
Options exercisable, end of period (in shares) | shares		101,029	101,029
Stock Options Plans | Scenario 1
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Outstanding number | shares		126,853	126,853
Stock Options Plans | Scenario 2
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Outstanding number | shares		120,684	120,684
Restricted Stock
Stock Option Plans
Number of installments | installment		6	6
Compensation Cost Not yet Recognized
Weighted average period for recognition			1 year 8 months 12 days
Restricted Stock
Granted during the period (in shares) | shares			4,062	52,735	11,223
Granted during the period (in dollars per share) | $ / shares			$ 188.38	$ 106.28	$ 90.23
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Weighted average period for recognition			1 year 8 months 12 days
Stock-based compensation			$ 14,109,082	$ 15,476,604	$ 23,429,278
Unrecognized compensation cost related to unvested restricted stock		$ 13,900,000	$ 13,900,000
Performance Shares
Stock Option Plans
Vesting period	10 years
Number of consecutive quarters | quarter		4	4
Service Options
Stock Option Plans
Vesting period			10 years
Number of installments | installment		6	6
Minimum | Stock Options Plans
Stock Option Plans
Vesting period			3 years
Maximum | Stock Options Plans
Stock Option Plans
Expiration period			10 years
Vesting period			6 years
Supplemental Employee Retirement Plans, Defined Benefit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pension and other postretirement benefits cost (reversal of cost)			$ 500,000	600,000	$ 600,000
Unfunded liability		$ 5,900,000	$ 5,900,000	$ 6,400,000

Benefit Plans (Stock Grant Fair

Benefit Plans (Stock Grant Fair Value Assumptions) (Details) - $ / shares	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0.00%	0.00%	0.00%
Expected volatility	57.82%	57.53%	52.28%
Average risk-free interest rate	1.02%	0.59%	1.58%
Expected life	6 years	6 years 3 months 18 days	6 years 3 months 18 days
Target 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EPS Targets (in dollars per share)	$ 16.35
Restricted Stock Eligible for Vesting (in hundredths)	40.00%
Target 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EPS Targets (in dollars per share)	$ 20.45
Restricted Stock Eligible for Vesting (in hundredths)	60.00%
Target 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EPS Targets (in dollars per share)	$ 25.30
Restricted Stock Eligible for Vesting (in hundredths)	100.00%

Benefit Plans (Option activity)

Benefit Plans (Option activity) (Details) - Stock Options Plans - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Options Activity [Roll Forward]
Options outstanding, beginning of year (in shares)	500,168
Granted (in shares)	22,255
Exercised (in shares)	(154,699)
Forfeited (in shares)	(19,158)
Expired (in shares)	0
Options outstanding, end of period (in shares)	348,566	500,168
Options exercisable, end of period (in shares)	101,029
Weighted Average Exercise Price [Roll Forward]
Options outstanding, beginning of year (in dollars per share)	$ 93.89
Granted (in dollars per share)	184.76
Exercised (in dollars per share)	82.78
Forfeited (in dollars per share)	99.25
Expired (in dollars per share)	0
Options outstanding, end of period (in dollars per share)	104.33	$ 93.89
Options exercisable, end of period (in dollars per share)	$ 89.77
Stock Option Activity Additional Disclosures
Weighted-average remaining contractual term, Options outstanding, end of period	6 years 5 months 4 days
Weighted-average remaining contractual terms, Options exercisable, end of period	4 years 9 months 3 days
Aggregate intrinsic value, Options outstanding, end of period	$ 30,551,741
Aggregate intrinsic value, Options exercisable, end of period	10,312,456
Intrinsic value of options exercised	$ 17,494,865	$ 9,996,167	$ 5,083,094

Benefit Plans (Restricted stock

Benefit Plans (Restricted stock) (Details) - Restricted Stock - $ / shares	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Summary of the status and changes in restricted stock [Roll Forward]
Outstanding at beginning of period (in shares)	614,739
Granted during the period (in shares)	4,062	52,735	11,223
Vested during the Period (in shares)	(66,299)
Forfeited during the period (in shares)	0
Outstanding at end of period (in shares)	552,502	614,739
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Outstanding at beginning of period (in dollars per share)	$ 101.99
Granted during the period (in dollars per share)	188.38	$ 106.28	$ 90.23
Vested during the period (in dollars per share)	102.93
Forfeited during the period (in dollars per share)	0
Outstanding at end of period (in dollars per share)	$ 102.51	$ 101.99

Benefit Plans (Stock-based comp

Benefit Plans (Stock-based compensation) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 17,582,995	$ 19,281,278	$ 28,952,161
Stock Options Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	3,473,913	3,804,674	5,522,883
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	14,109,082	15,476,604	23,429,278
Equity Classified Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 17,582,995	$ 19,281,278	$ 28,952,161

Acquisitions (Details)

Acquisitions (Details)	12 Months Ended
	Mar. 31, 2022USD ($)office	Mar. 31, 2021USD ($)office	Mar. 31, 2020USD ($)office
Business Acquisition [Line Items]
Number of branches acquired through business combinations | office	0	0	38
Number of asset purchases | office	50	50	140
Total acquisitions | office	50	50	178
Loans receivable, net	$ 9,631,112	$ 15,210,973	$ 47,026,694
Property and equipment	0	0	74,000
Tangible assets	9,631,112	15,210,973	47,100,694
Excess of purchase prices over fair value of net tangible assets	1,228,872	4,563,279	14,455,279
Customer lists	952,872	4,365,779	13,228,951
Non-compete agreements	276,000	197,500	890,000
Goodwill	$ 0	0	336,328
Average loan life	8 months
Series of Business Acquisitions
Business Acquisition [Line Items]
Purchase price	$ 10,859,984	$ 19,774,252	$ 61,555,973

Fair Value (Details)

Fair Value (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Average loan life	8 months
Senior unsecured notes payable, net	$ 295,393,991	$ 0
Senior notes payable	396,972,746	405,007,500
Impairment loss	251,000
Fair Value, Inputs, Level 1 | Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	19,236,322	15,746,454
Fair Value, Inputs, Level 1 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	19,236,322	15,746,454
Fair Value, Inputs, Level 2 | Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale	0	1,143,528
Fair Value, Inputs, Level 2 | Carrying Value | Senior notes payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior unsecured notes payable, net	300,000,000	0
Fair Value, Inputs, Level 2 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale	0	1,143,528
Fair Value, Inputs, Level 2 | Estimated Fair Value | Senior notes payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior unsecured notes payable, net	264,639,000	0
Fair Value, Inputs, Level 3 | Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable, net	985,515,154	733,659,389
Fair Value, Inputs, Level 3 | Carrying Value | Senior notes payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes payable	396,972,746	405,007,500
Fair Value, Inputs, Level 3 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable, net	985,515,154	733,659,389
Fair Value, Inputs, Level 3 | Estimated Fair Value | Senior notes payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes payable	$ 396,972,746	$ 405,007,500

Quarterly Information (Unaudi_3

Quarterly Information (Unaudited) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Selected Quarterly Financial Information [Abstract]
Total revenues	$ 166,329,000	$ 148,572,000	$ 137,827,000	$ 129,659,000	$ 146,280,000	$ 130,946,000	$ 124,441,000	$ 123,867,000	$ 582,387,545	$ 525,533,267	$ 590,029,015
Provision for credit losses	57,439,000	56,459,000	42,044,000	30,266,000	5,636,000	28,857,000	26,090,000	25,661,000	186,207,341	86,244,714	181,730,182
General and administrative expenses	74,607,000	74,229,000	74,989,000	73,351,000	77,411,000	77,875,000	75,293,000	71,608,000	297,176,097	302,186,290	347,493,260
Interest expense	11,044,000	10,166,000	6,714,000	5,501,000	6,940,000	7,305,000	5,893,000	5,562,000	33,424,788	25,698,836	25,896,130
Income tax expense	4,857,000	391,000	1,641,000	4,770,000	11,409,000	2,418,000	3,767,000	5,527,000	11,659,482	23,120,599	6,751,965
Net income	$ 18,382,000	$ 7,327,000	$ 12,439,000	$ 15,771,000	$ 44,884,000	$ 14,491,000	$ 13,398,000	$ 15,509,000	$ 53,919,837	$ 88,282,828	$ 28,157,478
Earnings per share:
Basic (in dollars per share)	$ 3.10	$ 1.20	$ 2.04	$ 2.56	$ 7.25	$ 2.32	$ 2.01	$ 2.26	$ 8.88	$ 13.59	$ 3.66
Diluted (in dollars per share)	$ 2.97	$ 1.14	$ 1.94	$ 2.44	$ 6.96	$ 2.25	$ 1.96	$ 2.24	$ 8.47	$ 13.23	$ 3.54

Assets Held for Sale (Details)

Assets Held for Sale (Details)	3 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)building	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)
Property, Plant and Equipment [Abstract]
Number of buildings sold | building		2
Number of buildings | building		3
Gain (loss) on sale of properties | $	$ 39,000	$ 37,000
Total assets held for sale | $			$ 0	$ 1,143,528

Subsequent Events (Details)

Subsequent Events (Details) - Revolving Credit Facility	May 03, 2022	Mar. 31, 2022
Scenario 1
Subsequent Event [Line Items]
Fixed charge ratio		2.75
Subsequent Event | Scenario 1
Subsequent Event [Line Items]
Fixed charge ratio	2.10
Subsequent Event | Scenario 2
Subsequent Event [Line Items]
Fixed charge ratio	2.75