World Acceptance (WRLD) 10-Q 7 Feb 24 2024 Q3 Quarterly report Financial data

COVER

COVER - shares	9 Months Ended
	Dec. 31, 2023	Feb. 01, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2023
Document Transition Report	false
Entity File Number	000-19599
Entity Registrant Name	WORLD ACCEPTANCE CORP
Entity Incorporation, State or Country Code	SC
Entity Tax Identification Number	57-0425114
Entity Address, Address Line One	104 S Main Street
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 Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		6,080,276
Entity Central Index Key	0000108385
Current Fiscal Year End Date	--03-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Mar. 31, 2023
ASSETS
Cash and cash equivalents	$ 12,775,524	$ 16,508,935
Gross loans receivable	1,400,621,989	1,390,015,568
Less:
Unearned interest, insurance and fees	(372,310,672)	(376,674,349)
Allowance for credit losses	(121,082,068)	(125,552,733)
Loans receivable, net	907,229,249	887,788,486
Income taxes receivable	1,716,789	0
Operating lease right‐of‐use assets, net	80,049,367	81,289,240
Property and equipment, net	23,195,803	23,926,080
Deferred income taxes, net	37,047,569	41,722,361
Other assets, net	38,046,804	43,422,669
Goodwill	7,370,791	7,370,791
Intangible assets, net	12,106,773	15,289,579
Total assets	1,119,538,669	1,117,318,141
Liabilities:
Senior notes payable	305,089,480	307,910,824
Senior unsecured notes payable, net	279,915,756	287,352,892
Income taxes payable	0	2,532,766
Operating lease liability	82,471,106	83,735,002
Accounts payable and accrued expenses	45,043,161	50,559,920
Total liabilities	712,519,503	732,091,404
Commitments and contingencies
Shareholders' equity:
Preferred stock, no par value Authorized 5,000,000, no shares issued or outstanding	0	0
Common stock, no par value Authorized 95,000,000 shares; issued and outstanding 6,073,299 and 6,231,082 shares at December 31, 2023 and March 31, 2023, respectively	0	0
Additional paid-in capital	284,870,280	288,071,839
Retained earnings	122,148,886	97,154,898
Total shareholders' equity	407,019,166	385,226,737
Total liabilities and shareholders' equity	$ 1,119,538,669	$ 1,117,318,141

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2023	Mar. 31, 2023
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)	6,073,299	6,231,082
Common stock, shares outstanding (in shares)	6,073,299	6,231,082

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Interest and fee income	$ 118,665,105	$ 126,201,028	$ 352,237,133	$ 386,867,966
Insurance and other income, net	19,084,282	20,331,122	61,711,366	68,840,650
Total revenues	137,749,387	146,532,150	413,948,499	455,708,616
Expenses:
Provision for credit losses	40,631,994	59,608,655	127,697,072	214,051,068
General and administrative expenses:
Personnel	39,890,187	40,700,713	120,119,638	131,173,726
Occupancy and equipment	12,090,198	12,932,456	37,138,444	39,658,067
Advertising	3,721,155	1,323,671	8,712,406	4,541,863
Amortization of intangible assets	1,050,926	1,114,540	3,182,805	3,352,694
Other	9,156,841	8,880,014	27,828,730	27,569,744
Total general and administrative expenses	65,909,307	64,951,394	196,982,023	206,296,094
Interest expense	11,689,924	14,070,458	36,475,411	38,277,223
Total expenses	118,231,225	138,630,507	361,154,506	458,624,385
Income (loss) before income taxes	19,518,162	7,901,643	52,793,993	(2,915,769)
Income tax expense	2,853,344	2,097,057	10,508,008	483,696
Net income (loss)	$ 16,664,818	$ 5,804,586	$ 42,285,985	$ (3,399,465)
Net income (loss) per common share:
Basic (in dollars per share)	$ 2.89	$ 1.01	$ 7.32	$ (0.59)
Diluted (in dollars per share)	$ 2.84	$ 0.99	$ 7.17	$ (0.59)
Weighted average common shares outstanding:
Basic (in shares)	5,772,503	5,761,954	5,775,108	5,743,094
Diluted (in shares)	5,860,117	5,857,490	5,896,716	5,743,094

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment
Beginning balance (in shares) at Mar. 31, 2022			6,348,314
Beginning balances at Mar. 31, 2022	$ 373,024,428	$ (1,880,346)		$ 280,907,085	$ 92,117,343	$ (1,880,346)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)			5,596
Proceeds from exercise of stock options	486,372			486,372
Common stock repurchases (in shares)			(73,643)
Common stock repurchases	(14,314,088)				(14,314,088)
Stock-based compensation (reversal) related to restricted stock, net of cancellations (in shares)			(51,658)
Stock-based compensation (reversal) related to restricted stock, net of cancellations	2,969,433			2,969,433
Stock-based compensation related to stock options	1,869,879			1,869,879
Net income (loss)	(3,399,465)				(3,399,465)
Ending balance (in shares) at Dec. 31, 2022			6,228,609
Ending balances at Dec. 31, 2022	358,756,213			286,232,769	72,523,444
Beginning balance (in shares) at Sep. 30, 2022			6,281,721
Beginning balances at Sep. 30, 2022	355,666,126			288,947,268	66,718,858
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)			1,296
Proceeds from exercise of stock options	82,825			82,825
Stock-based compensation (reversal) related to restricted stock, net of cancellations (in shares)			(54,408)
Stock-based compensation (reversal) related to restricted stock, net of cancellations	(3,222,444)			(3,222,444)
Stock-based compensation related to stock options	425,120			425,120
Net income (loss)	5,804,586				5,804,586
Ending balance (in shares) at Dec. 31, 2022			6,228,609
Ending balances at Dec. 31, 2022	$ 358,756,213			286,232,769	72,523,444
Beginning balance (in shares) at Mar. 31, 2023	6,231,082		6,231,082
Beginning balances at Mar. 31, 2023	$ 385,226,737			288,071,839	97,154,898
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)			22,847
Proceeds from exercise of stock options	2,018,412			2,018,412
Common stock repurchases (in shares)			(148,765)
Common stock repurchases	(17,291,997)				(17,291,997)
Stock-based compensation (reversal) related to restricted stock, net of cancellations (in shares)			(31,865)
Stock-based compensation (reversal) related to restricted stock, net of cancellations	(1,348,623)			(1,348,623)
Stock-based compensation related to stock options	(3,871,348)			(3,871,348)
Net income (loss)	$ 42,285,985				42,285,985
Ending balance (in shares) at Dec. 31, 2023	6,073,299		6,073,299
Ending balances at Dec. 31, 2023	$ 407,019,166			284,870,280	122,148,886
Beginning balance (in shares) at Sep. 30, 2023			6,246,818
Beginning balances at Sep. 30, 2023	410,022,795			287,246,730	122,776,065
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)			11,104
Proceeds from exercise of stock options	948,441			948,441
Common stock repurchases (in shares)			(148,765)
Common stock repurchases	(17,291,997)				(17,291,997)
Stock-based compensation (reversal) related to restricted stock, net of cancellations (in shares)			(35,858)
Stock-based compensation (reversal) related to restricted stock, net of cancellations	(3,514,473)			(3,514,473)
Stock-based compensation related to stock options	189,582			189,582
Net income (loss)	$ 16,664,818				16,664,818
Ending balance (in shares) at Dec. 31, 2023	6,073,299		6,073,299
Ending balances at Dec. 31, 2023	$ 407,019,166			$ 284,870,280	$ 122,148,886

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]
Accounting Standards Update [Extensible List]					Accounting Standards Update 2023-02 [Member]
Issuance of restricted common stock under stock option plan	$ 2,823,774	$ 2,543,001	$ 2,823,774	$ 2,543,001

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash flow from operating activities:
Net income (loss)	$ 42,285,985	$ (3,399,465)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Amortization of intangible assets	3,182,805	3,352,694
Accrued unearned interest	(4,225,244)	(2,253,757)
Amortization of deferred loan cost	10,285,733	12,187,196
Gain on extinguishment of senior unsecured notes payable	(1,162,581)	0
Amortization of debt issuance costs	1,338,352	1,170,040
Provision for credit losses	127,697,072	214,051,068
Depreciation	4,937,169	4,648,277
Amortization of finance leases	0	204,552
Gain on asset acquisitions, net of income tax	0	(3,708,344)
Loss (gain) on sale of property and equipment	(95,621)	21,261
Deferred income tax expense (benefit)	4,674,792	(3,665,493)
Stock-based compensation (reversal) related to equity classified awards	(2,396,197)	7,382,313
Change in accounts:
Other assets, net	5,213,994	(6,579,852)
Income taxes payable	(4,249,555)	(8,295,947)
Accounts payable and accrued expenses	(5,516,759)	(9,241,015)
Net cash provided by operating activities	181,969,945	205,873,528
Cash flows from investing activities:
Increase in loans receivable, net	(153,198,324)	(189,511,989)
Cash paid for acquisitions, primarily loans	0	(22,314,902)
Purchases of property and equipment	(4,419,445)	(4,517,809)
Proceeds from the sale of property and equipment	308,174	349,792
Net cash used in investing activities	(157,309,595)	(215,994,908)
Cash flow from financing activities:
Borrowings from senior notes payable	215,066,622	251,431,701
Payments on senior notes payable	(217,887,966)	(221,914,242)
Payments for extinguished senior unsecured notes payable	(6,978,717)	0
Debt issuance costs associated with senior unsecured notes payable	0	(104,656)
Payments for debt extinguishment costs	(20,625)	0
Debt issuance costs associated with senior notes payable	(475,716)	(1,115,136)
Proceeds from exercise of stock options	2,018,412	486,372
Payments for taxes related to net share settlement of equity awards	(2,823,774)	(2,543,001)
Repayment of finance lease	0	(80,067)
Repurchase of common stock	(17,291,997)	(14,314,088)
Net cash provided by (used in) financing activities	(28,393,761)	11,846,883
Net change in cash and cash equivalents	(3,733,411)	1,725,503
Cash and cash equivalents at beginning of period	16,508,935	19,236,322
Cash and cash equivalents at end of period	12,775,524	20,961,825
Supplemental Disclosures:
Interest paid during the period	41,233,947	42,834,034
Income taxes paid during the period	7,726,889	10,772,869
Finance lease right-of-use assets, net transferred to property and equipment, net	$ 0	$ 402,960

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The consolidated financial statements of the Company at December 31, 2023 and 2022 and for the three and nine months then ended were prepared in accordance with the instructions for Form 10-Q and are unaudited; however, in the opinion of management, all adjustments (consisting only of items of a normal, recurring nature) necessary for a fair presentation of the financial position at December 31, 2023, and the results of operations and cash flows for the periods ended December 31, 2023 and 2022, have been included. The results for the interim periods are not necessarily indicative of the results that may be expected for the full year or any other interim period. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amount of revenue and expenses during the reporting period. Actual results could differ from those estimates.

SUMMARY OF SIGNIFICANT POLICIES

SUMMARY OF SIGNIFICANT POLICIES	9 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT POLICIES	SUMMARY OF SIGNIFICANT POLICIES Nature of Operations The Company is a small-loan consumer finance 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. The Company offers income tax return preparation services to its loan customers and other individuals. Seasonality The Company's loan volume and corresponding loans receivable follow seasonal trends. The Company's highest loan demand generally occurs 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. Loan volume and average balances remain relatively level during the remainder of the year. Consequently, the Company experiences significant seasonal fluctuations in its operating results and cash needs. Operating results for 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. Loans receivable, net Loans receivable 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. 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. Net unamortized deferred origination costs were $5.6 million and $4.9 million as of December 31, 2023 and March 31, 2023, respectively. From time to time, the Company may sell charged off loans receivable, which are accounted for as a sale in accordance with ASC 860, Transfers and Servicing . Allowance for credit losses Refer to Note 4, “Loans Receivable and Allowance for Credit Losses,” for information regarding the Company's CECL allowance model and a description of the methodology it utilizes. Reclassification Certain prior period amounts have been reclassified to conform to the current presentation. Such reclassifications had no impact on previously reported net income (loss) or shareholders' equity, with the exception of the following. As a result of adopting ASU 2023-02, Investments- Equity Method and Joint Venture (Topic 323) , in March 2023 with an effective date of April 1, 2022, previously reported net income for the three months ended December 31, 2022, net loss for the nine months ended December 31, 2022 and shareholders' equity as of December 31, 2022 were immaterially impacted to conform to the modified retrospective application of this newly adopted ASU. Recently Adopted Accounting Standards 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 eliminated 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 . The adoption of ASU 2022-02 on April 1, 2023 expanded our gross charge-off disclosures, but had no other impact on the Company’s Consolidated Financial Statements. Recently Issued Accounting Standards Not Yet Adopted Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures , which improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments are effective for fiscal years beginning after December 15, 2023, and for interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied retrospectively to all prior periods presented in the financial statements. Management is currently evaluating this ASU to determine its impact on the Company's Consolidated Financial Statements and related disclosures. Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which modifies the rules on income tax disclosures to require entities to expand annual disclosures to 1) include specific categories in the rate reconciliation and additional information for reconciling items that meet a quantitative threshold and 2) disclose the amount of income taxes paid (net of refunds received) disaggregated by federal, state and foreign taxes. ASU 2023-09 also requires entities to disclose income (or loss) from continuing operations before income tax expense (or benefit) disaggregated between domestic and foreign, and income tax expense (or benefit) from continuing operations disaggregated by federal, state and foreign, among other changes. The amendments are effective for annual periods beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance. ASU 2023-09 should be applied on a prospective basis, but retrospective application is permitted. Management is currently evaluating this ASU to determine its impact on the Company's Consolidated Financial Statements and related disclosures. 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 and related disclosures as a result of future adoption.

FAIR VALUE

FAIR VALUE	9 Months Ended
	Dec. 31, 2023
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 measured 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 measures 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 consist of cash and cash equivalents, loans receivable, net, senior notes payable, and senior unsecured notes payable. Loans receivable are originated at prevailing market rates and have an average life of approximately less than twelve months. Given the short-term nature of these loans, they are continually repriced at current market rates. The Company’s senior notes payable, consisting of a senior revolving credit facility has a variable rate based on a margin over SOFR and reprices with any changes in SOFR. The fair value of the senior unsecured notes payable is estimated based on quoted prices in markets that are not active. The Company also considers its creditworthiness in its estimation 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. December 31, 2023 March 31, 2023 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Cash and cash equivalents 1 $ 12,775,524 $ 12,775,524 $ 16,508,935 $ 16,508,935 Loans receivable, net 3 907,229,249 907,229,249 887,788,486 887,788,486 LIABILITIES Senior unsecured notes payable 2 282,610,000 257,517,058 290,860,000 218,127,548 Senior notes payable 3 305,089,480 305,089,480 307,910,824 307,910,824 There were no significant assets or liabilities measured at fair value on a non-recurring basis as of December 31, 2023 or March 31, 2023.

LOANS RECEIVABLE AND ALLOWANCE

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES	LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES The following is a summary of gross loans receivable by Customer Tenure as of: Customer Tenure December 31, 2023 March 31, 2023 0 to 5 months $ 88,474,205 $ 81,803,668 6 to 17 months 83,641,505 133,650,188 18 to 35 months 154,272,047 135,396,187 36 to 59 months 212,663,970 244,414,255 60+ months 861,562,368 792,189,216 Tax advance loans 7,894 2,562,054 Total gross loans $ 1,400,621,989 $ 1,390,015,568 Current payment performance is used to assess the capability of the borrower to repay contractual obligations of the loan agreements as scheduled, which 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 table provides a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at December 31, 2023: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,199,541,510 $ 67,910,482 $ 4,917,687 $ 119,767 $ 36,259 $ 8,904 $ 1,272,534,609 30 - 60 days past due 39,988,200 5,754,817 604,508 28,282 15,556 3,633 46,394,996 61 - 90 days past due 25,958,915 3,677,614 285,870 14,542 18,404 1,843 29,957,188 91 or more days past due 43,659,995 7,522,539 512,369 21,530 5,091 5,778 51,727,302 Total $ 1,309,148,620 $ 84,865,452 $ 6,320,434 $ 184,121 $ 75,310 $ 20,158 $ 1,400,614,095 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 2,294 $ — $ — $ — $ — $ — $ 2,294 30 - 60 days past due 2,508 — — — — — 2,508 61 - 90 days past due 3,092 — — — — — 3,092 91 or more days past due — — — — — — — Total $ 7,894 $ — $ — $ — $ — $ — $ 7,894 Total gross loans $ 1,400,621,989 The following table provides a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at March 31, 2023: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,200,504,088 $ 62,076,656 $ 1,998,218 $ 148,662 $ 23,046 $ 6,863 $ 1,264,757,533 30 - 60 days past due 40,791,746 4,689,867 160,956 42,700 8,504 2,988 45,696,761 61 - 90 days past due 26,319,250 2,572,733 92,088 40,281 884 — 29,025,236 91 or more days past due 41,832,821 5,944,645 160,361 29,494 4,430 2,233 47,973,984 Total $ 1,309,447,905 $ 75,283,901 $ 2,411,623 $ 261,137 $ 36,864 $ 12,084 $ 1,387,453,514 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 1,932,607 $ 3,524 $ — $ — $ — $ — $ 1,936,131 30 - 60 days past due 609,844 736 — — — — 610,580 61 - 90 days past due — 4,845 — — — — 4,845 91 or more days past due 409 10,089 — — — — 10,498 Total $ 2,542,860 $ 19,194 $ — $ — $ — $ — $ 2,562,054 Total gross loans $ 1,390,015,568 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 December 31, 2023: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,188,126,383 $ 60,651,793 $ 3,944,841 $ 52,853 $ 12,484 $ 652 $ 1,252,789,006 30 - 60 days past due 40,230,196 3,897,049 250,587 941 1,006 — 44,379,779 61 - 90 days past due 28,592,002 3,484,278 236,372 1,646 — 296 32,314,594 91 or more days past due 52,200,038 16,832,332 1,888,635 128,681 61,820 19,210 71,130,716 Total $ 1,309,148,619 $ 84,865,452 $ 6,320,435 $ 184,121 $ 75,310 $ 20,158 $ 1,400,614,095 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ — $ — $ — $ — $ — $ — $ — 30 - 60 days past due 439 — — — — — 439 61 - 90 days past due 1,714 — — — — — 1,714 91 or more days past due 5,741 — — — — — 5,741 Total $ 7,894 $ — $ — $ — $ — $ — $ 7,894 Total gross loans $ 1,400,621,989 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, 2023: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,174,237,761 $ 53,652,011 $ 1,554,144 $ 64,233 $ 5,142 $ 1,491 $ 1,229,514,782 30 - 60 days past due 47,346,331 3,661,493 77,857 6,714 — — 51,092,395 61 - 90 days past due 33,012,804 3,030,052 44,129 7,643 — — 36,094,628 91 or more days past due 54,851,010 14,940,345 735,493 182,547 31,721 10,593 70,751,709 Total $ 1,309,447,906 $ 75,283,901 $ 2,411,623 $ 261,137 $ 36,863 $ 12,084 $ 1,387,453,514 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 1,932,607 $ — $ — $ — $ — $ — $ 1,932,607 30 - 60 days past due 609,844 — — — — — 609,844 61 - 90 days past due — — — — — — — 91 or more days past due 409 19,194 — — — — 19,603 Total $ 2,542,860 $ 19,194 $ — $ — $ — $ — $ 2,562,054 Total gross loans $ 1,390,015,568 The following table provides a breakdown of the Company’s gross charge-offs by year of origination for the three and nine months ended December 31, 2023: Three months ended December 31, Nine months ended December 31, Gross Charge-offs by Origination Gross Charge-offs by Origination Origination by Calendar Year Loans Tax advance loans Total Loans Tax advance loans Total 2018 and prior $ 1,958 $ — $ 1,958 $ 9,686 $ — $ 9,686 2019 2,448 — 2,448 19,986 — 19,986 2020 32,909 — 32,909 177,372 — 177,372 2021 943,234 — 943,234 5,589,791 — 5,589,791 2022 15,175,088 188 15,175,276 95,994,906 5,436 96,000,342 2023 38,460,870 118,287 38,579,157 54,171,402 1,260,035 55,431,437 Total $ 54,616,507 $ 118,475 $ 54,734,982 $ 155,963,143 $ 1,265,471 $ 157,228,614 The following table provides a breakdown of the Company’s gross charge-offs by year of origination for the three and nine months ended December 31, 2022: Three months ended December 31, Nine months ended December 31, Gross Charge-offs by Origination Gross Charge-offs by Origination Origination by Calendar Year Loans Tax advance loans Total Loans Tax advance loans Total 2017 and prior $ 656 $ — $ 656 $ 10,102 $ — $ 10,102 2018 19,203 — 19,203 39,797 — 39,797 2019 158,346 — 158,346 334,091 — 334,091 2020 441,199 — 441,199 2,591,494 — 2,591,494 2021 19,276,965 263 19,277,228 125,968,883 19,885 125,988,768 2022 66,102,716 383,534 66,486,250 97,354,602 2,413,550 99,768,152 Total $ 85,999,085 $ 383,797 $ 86,382,882 $ 226,298,969 $ 2,433,435 $ 228,732,404 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 looked 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 uses 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. 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. Loans are charged-off at the earlier of 120 days past due on a recency basis or when deemed uncollectible. Management considers whether current credit conditions might suggest a change is needed to the allowance for credit losses by monitoring trends in first pay success for new borrowers, 60-89 day delinquencies on a recency basis, FICO scores, percent of loan balances that are paying and percentage of gross loans that are acquired loans. From time to time, the Company will make changes, as deemed appropriate, to our new borrower underwriting guidance. As a result, management also considers whether a change in our new borrower underwriting might suggest a change is needed to the allowance for credit losses. If a change is determined necessary, then the Company has elected to immediately revert back to historical experience past the forecast 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 six-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 management determines that historical migration rates should be adjusted to reflect expected credit losses, a qualitative adjustment is made to reflect management's judgment regarding observable changes in recent or expected economic trends and conditions, portfolio composition, or other significant events or conditions that affect the current estimate. The following table presents a roll forward of the allowance for credit losses for the three and nine months ended December 31, 2023 and 2022: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Beginning balance $ 128,892,192 $ 155,892,100 $ 125,552,733 $ 134,242,862 Provision for credit losses 40,631,994 59,608,655 127,697,072 214,051,068 Charge-offs (54,734,982) (86,382,882) (157,228,614) (228,732,404) Recoveries 1 6,292,864 15,421,670 25,060,877 24,978,017 Net charge-offs (48,442,118) (70,961,212) (132,167,737) (203,754,387) Ending Balance $ 121,082,068 $ 144,539,543 $ 121,082,068 $ 144,539,543 The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at December 31, 2023: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 70,723,005 $ 5,258,173 $ 4,431,184 $ 8,061,843 $ 17,751,200 $ 88,474,205 6 to 17 months 70,403,444 4,322,410 2,974,763 5,940,888 13,238,061 83,641,505 18 to 35 months 136,529,566 6,306,026 4,251,454 7,185,001 17,742,481 154,272,047 36 to 59 months 191,171,843 7,712,458 5,057,386 8,722,283 21,492,127 212,663,970 60+ months 803,706,751 22,795,929 13,242,401 21,817,287 57,855,617 861,562,368 Tax advance loans 2,294 2,508 3,092 — 5,600 7,894 Total gross loans 1,272,536,903 46,397,504 29,960,280 51,727,302 128,085,086 1,400,621,989 Unearned interest, insurance and fees (340,464,381) (9,305,045) (8,165,777) (14,375,469) (31,846,291) (372,310,672) Total net loans $ 932,072,522 $ 37,092,459 $ 21,794,503 $ 37,351,833 $ 96,238,795 $ 1,028,311,317 Percentage of period-end gross loans receivable 3.3% 2.1% 3.7% 9.1% The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at March 31, 2023: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 64,615,314 $ 5,451,276 $ 4,407,751 $ 7,329,327 $ 17,188,354 $ 81,803,668 6 to 17 months 113,946,833 6,527,355 4,655,441 8,520,559 19,703,355 133,650,188 18 to 35 months 120,125,821 5,336,994 3,727,331 6,206,041 15,270,366 135,396,187 36 to 59 months 223,734,062 8,070,011 4,839,000 7,771,182 20,680,193 244,414,255 60+ months 742,335,503 20,311,125 11,395,713 18,146,875 49,853,713 792,189,216 Tax advance loans 1,936,131 610,580 4,845 10,498 625,923 2,562,054 Total gross loans 1,266,693,664 46,307,341 29,030,081 47,984,482 123,321,904 1,390,015,568 Unearned interest, insurance and fees (343,255,876) (12,548,627) (7,866,737) (13,003,109) (33,418,473) (376,674,349) Total net loans $ 923,437,788 $ 33,758,714 $ 21,163,344 $ 34,981,373 $ 89,903,431 $ 1,013,341,219 Percentage of period-end gross loans receivable 3.3 % 2.1 % 3.5 % 8.9 % The following table is an aging analysis on a contractual basis at amortized cost of the Company’s gross loans receivable at December 31, 2023: Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 69,745,014 $ 5,057,373 $ 4,433,801 $ 9,238,017 $ 18,729,191 $ 88,474,205 6 to 17 months 68,600,697 3,932,710 3,077,743 8,030,355 15,040,808 83,641,505 18 to 35 months 134,132,918 5,933,072 4,509,138 9,696,919 20,139,129 154,272,047 36 to 59 months 187,676,345 7,282,389 5,443,963 12,261,273 24,987,625 212,663,970 60+ months 792,634,032 22,174,235 14,849,949 31,904,152 68,928,336 861,562,368 Tax advance loans — 439 1,714 5,741 7,894 7,894 Total gross loans 1,252,789,006 44,380,218 32,316,308 71,136,457 147,832,983 1,400,621,989 Unearned interest, insurance and fees (336,138,470) (8,303,761) (8,796,156) (19,072,285) (36,172,202) (372,310,672) Total net loans $ 916,650,536 $ 36,076,457 $ 23,520,152 $ 52,064,172 $ 111,660,781 $ 1,028,311,317 Percentage of period-end gross loans receivable 3.2% 2.3% 5.1% 10.6 % The following table is an aging analysis on a contractual basis at amortized cost of the Company’s gross loans receivable at March 31, 2023: Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 61,850,142 $ 5,320,659 $ 4,864,498 $ 9,768,369 $ 19,953,526 $ 81,803,668 6 to 17 months 109,694,389 6,892,610 5,613,468 11,449,721 23,955,799 133,650,188 18 to 35 months 115,711,782 5,721,694 4,499,010 9,463,701 19,684,405 135,396,187 36 to 59 months 217,821,239 8,991,995 6,078,488 11,522,533 26,593,016 244,414,255 60+ months 724,437,230 24,165,437 15,039,164 28,547,385 67,751,986 792,189,216 Tax advance loans 1,932,607 609,844 — 19,603 629,447 2,562,054 Total gross loans 1,231,447,389 51,702,239 36,094,628 70,771,312 158,568,179 1,390,015,568 Unearned interest, insurance and fees (333,704,639) (14,010,568) (9,781,128) (19,178,014) (42,969,710) (376,674,349) Total net loans $ 897,742,750 $ 37,691,671 $ 26,313,500 $ 51,593,298 $ 115,598,469 $ 1,013,341,219 Percentage of period-end gross loans receivable 3.7 % 2.6 % 5.1 % 11.4 % 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. The following table presents unpaid accrued interest reversed against interest income by Customer Tenure for the three and nine months ended December 31, 2023 and December 31, 2022: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Customer Tenure 0 to 5 months $ (1,358,755) $ (1,813,804) $ (3,904,031) $ (8,117,103) 6 to 17 months (777,293) (1,627,586) (2,651,226) (4,605,102) 18 to 35 months (946,820) (1,285,309) (2,609,760) (3,862,834) 36 to 59 months (1,065,935) (1,365,428) (3,211,393) (3,543,651) 60+ months (2,822,515) (3,352,265) (7,972,048) (9,724,169) Total $ (6,971,318) $ (9,444,392) $ (20,348,458) $ (29,852,859) The following table presents the amortized cost basis of loans on nonaccrual status as of the beginning of the reporting period and the end of the reporting period, as well as interest income recognized on nonaccrual loans for the three and nine months ended December 31, 2023 and 2022: Nonaccrual Loans Receivable Customer Tenure As of December 31, 2023 As of March 31, 2023 Interest Income Recognized for the three months ended December 31, 2023 Interest Income Recognized for the three months ended December 31, 2022 Interest Income Recognized for the nine months ended December 31, 2023 Interest Income Recognized for the nine months ended December 31, 2022 0 to 5 months $ 14,079,793 $ 15,781,494 $ 197,470 $ 480,947 $ 769,418 $ 1,522,535 6 to 17 months 11,853,469 18,288,714 319,474 450,877 1,168,253 1,216,091 18 to 35 months 15,380,814 15,551,806 396,720 544,689 1,249,102 1,741,780 36 to 59 months 19,379,244 19,745,397 547,608 555,085 1,728,965 1,606,466 60+ months 51,666,613 49,285,814 1,497,757 1,711,201 4,785,842 4,975,538 Tax advance loans 50,950 19,603 — — — — Unearned interest, insurance and fees (29,880,847) (32,158,640) — — — — Total $ 82,530,036 $ 86,514,188 $ 2,959,029 $ 3,742,799 $ 9,701,580 $ 11,062,410 As of December 31, 2023 and March 31, 2023, there were no loans receivable 61 days or more past due, not on nonaccrual status, and no loans receivable on nonaccrual status with no related allowance for credit losses.

LEASES

LEASES	9 Months Ended
	Dec. 31, 2023
Leases [Abstract]
LEASES	LEASES Accounting Policies and Matters Requiring Management's Judgment The Company uses its effective annual interest rate, adjusted for certain assumptions, as the discount rate when evaluating leases under Topic 842. Management applies the adjusted effective annual interest rate to leases entered for the entirety of the subsequent year. 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 generally 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. During the second quarter of fiscal 2023, the lease terms associated with the Company's finance leases expired and the Company exercised its purchase option to acquire the IT equipment. Because it was reasonably certain that the Company would obtain the assets at the end of their lease terms, the right-of-use assets have amortized over the useful life of the asset, rather than over the lease term. As of December 31, 2023, the Company had no finance leases. The following table reports information about the Company's lease cost for the three and nine months ended December 31, 2023 and 2022: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Lease Cost Finance lease cost $ — $ — $ — $ 205,975 Amortization of right-of-use assets — — — 204,552 Interest on lease liabilities — — — 1,423 Operating lease cost $ 6,163,762 $ 6,746,965 $ 19,000,163 $ 21,013,997 Variable lease cost $ 888,119 $ 920,991 $ 2,808,845 $ 2,772,620 Total lease cost $ 7,051,881 $ 7,667,956 $ 21,809,008 $ 23,992,592 The following table reports other information about the Company's leases for the three and nine months ended December 31, 2023 and 2022: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Other Lease Information Cash paid for amounts included in the measurement of lease liabilities $ 6,265,527 $ 6,550,184 $ 18,965,468 $ 19,998,398 Operating cash flows from finance leases — — — 1,423 Operating cash flows from operating leases 6,265,527 6,550,184 18,965,468 19,916,908 Financing cash flows from finance leases — — — 80,067 Right-of-use assets obtained in exchange for new operating lease liabilities $ 4,568,169 $ 3,447,091 $ 13,560,648 $ 13,912,470 Weighted-average remaining lease term — finance leases — — — — Weighted average remaining lease term — operating leases 6.9 years 7.1 years 6.9 years 7.1 years Weighted-average discount rate — finance leases — % — % — % — % Weighted-average discount rate — operating leases 6.3 % 6.1 % 6.3 % 6.1 % The aggregate annual lease obligations as of December 31, 2023 are as follows: Operating Leases Remainder of 2024 $ 6,054,892 2025 21,532,117 2026 18,010,788 2027 13,832,252 2028 11,124,461 Thereafter 31,854,653 Total undiscounted lease liability $ 102,409,163 Imputed interest 19,938,057 Total discounted lease liability $ 82,471,106 The Company had no leases with related parties at December 31, 2023 or March 31, 2023.

AVERAGE SHARE INFORMATION

AVERAGE SHARE INFORMATION	9 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
AVERAGE SHARE INFORMATION	AVERAGE SHARE INFORMATION The following is a summary of the basic and diluted average common shares outstanding: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Basic: Weighted average common shares outstanding (denominator) 5,772,503 5,761,954 5,775,108 5,743,094 Diluted: Weighted average common shares outstanding 5,772,503 5,761,954 5,775,108 5,743,094 Dilutive potential common shares 2 87,614 95,536 121,608 — Weighted average diluted shares outstanding (denominator) 5,860,117 5,857,490 5,896,716 5,743,094 Options to purchase 291,826 and 332,275 shares of common stock at various prices were outstanding during the three months ended December 31, 2023 and 2022, respectively, but were not included in diluted shares outstanding because the option exercise price exceeded the market value of the shares.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION Stock Incentive Plans The Company maintains the 2008 Plan, the 2011 Plan and the 2017 Plan for the benefit of certain non-employee 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 term of 10 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. Stock-based compensation 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 has applied the Black-Scholes valuation model in determining the grant date fair value of stock option awards. Compensation expense is recognized only for those awards 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 long-term incentive program that seeks to motivate and reward certain employees and to align management’s interest with shareholders’ interest 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, in fiscal 2019, the Compensation Committee approved certain grants of Service Options, Performance Options, Restricted Stock and Performance Shares under the 2011 Plan and the 2017 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 will 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, 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 typically 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 typically vest in three 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 have a 10-year term. The Performance Options will 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 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 three months ended December 31, 2023 and 2022 was $68.52 and $44.23, respectively. The weighted-average fair value at the grant date for options issued during the nine months ended December 31, 2023 and 2022 was $69.00 and $53.51, respectively. Fair value was estimated at grant date using the weighted-average assumptions listed below: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Dividend yield —% —% —% —% Expected volatility 62.54% 57.46% 62.55% 57.09% Average risk-free rate 4.70% 3.91% 4.69% 3.59% Expected life 4.6 years 5.8 years 4.6 years 5.8 years The expected stock price volatility is based on the historical volatility of the Company's common stock for a period approximating the expected life. The expected life represents the period of time that options are expected to be outstanding after the grant date. The risk-free rate reflects the interest rate at grant date on zero coupon U.S. governmental bonds having a remaining life similar to the expected option term. Option activity for the nine months ended December 31, 2023 was as follows: Shares Weighted Average Exercise Weighted Average Aggregate Intrinsic Value Options outstanding, beginning of period 314,742 $ 104.41 Granted during period 2,598 124.67 Exercised during period (22,847) 88.34 Forfeited during period (11,027) 122.25 Expired during period (2,682) 162.17 Options outstanding, end of period 280,784 3 $ 104.66 5.2 years $ 8,250,477 Options exercisable, end of period 128,057 $ 105.11 5.1 years $ 3,919,056 The aggregate intrinsic value reflected in the table above represents the total pre-tax intrinsic value (the difference between the closing stock price on December 31, 2023 and the exercise price, multiplied by the number of in-the-money options that are currently exercisable) that would have been received by option holders had all option holders exercised their options as of December 31, 2023. This amount will change as the market price of the common stock changes. The total intrinsic value of options exercised during the periods ended December 31, 2023 and 2022 was as follows: December 31, December 31, Three months ended $ 369,543 $ 51,106 Nine months ended $ 810,853 $ 481,572 As of December 31, 2023, total unrecognized stock-based compensation expense related to non-vested stock options amounted to approximately $0.6 million, which is expected to be recognized over a weighted-average period of approximately 1.3 years. Restricted Stock During the first nine months of fiscal 2024, the Company granted 3,993 shares of restricted stock (which are equity classified) to certain vice presidents and senior vice presidents with a grant date weighted average fair value of $120.12 per share. During fiscal 2023, the Company granted 3,250 shares of restricted stock (which are equity classified) to certain vice presidents with a grant date weighted average fair value of $129.85 per share. As of December 31, 2023, there was approximately $1.9 million of unrecognized compensation cost related to unvested restricted stock awards, which is expected to be recognized over the next 0.9 years based on current estimates. A summary of the status of the Company’s restricted stock as of December 31, 2023, and changes during the nine months ended December 31, 2023, are presented below: Shares Weighted Average Fair Value at Grant Date Outstanding at March 31, 2023 460,614 $ 101.82 Granted during the period 3,993 120.12 Vested during the period (62,983) 103.85 Forfeited during the period (13,047) 116.56 Outstanding at December 31, 2023 388,577 $ 101.18 Total Stock-Based Compensation Total stock-based compensation included as a component of personnel expenses in the Company's Consolidated Statements of Operations during the three and nine month periods ended December 31, 2023 and 2022 was as follows: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Stock-based compensation related to equity classified awards: Stock-based compensation (reversal) related to stock options 4 $ 189,582 $ 425,120 $ (3,871,348) $ 1,869,879 Stock-based compensation (reversal) related to restricted stock, net of adjustments and exclusive of cancellations 5 (690,699) (679,443) 1,475,151 5,512,434 Total stock-based compensation (reversal) related to equity classified awards $ (501,117) $ (254,323) $ (2,396,197) $ 7,382,313

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Dec. 31, 2023
Business Combination and Asset Acquisition [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 asset purchases. The following table sets forth the Company's acquisition activity for the nine months ended December 31, 2023 and 2022: Nine months ended December 31, 2023 2022 Acquisitions: Number of loan portfolios acquired through asset purchases — 43 Total acquisitions — 43 Purchase price $ — $ 22,314,902 Tangible assets: Loans receivable, net — 27,105,078 Purchase price amount below carrying value of net tangible assets 6 $ — $ (4,790,176) 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 market 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 market 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 less than twelve 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 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 PCDs during the nine months ended December 31, 2023 and 2022. 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 their fair values. 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 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. The estimated 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.

DEBT

DEBT	9 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
DEBT	DEBT Senior Notes Payable; Revolving Credit Facility On November 9, 2023, the Company amended its revolving credit agreement ("Eleventh Amendment") to (i) permit the Company to repurchase up to $20 million of Company securities in its fiscal quarter ending December 31, 2023 and (ii) not require the minimum fixed charges coverage ratio to be at least 2.0 to 1.0 for the fiscal quarter ending September 30, 2023 in order to make such repurchases. At December 31, 2023, the Company's senior notes payable consisted of a $580.0 million senior revolving credit facility, which has an accordion feature permitting the maximum aggregate commitments to increase to $730.0 million provided that certain conditions are met. At December 31, 2023, $305.1 million was outstanding under the Company's credit facility, not including a $524.0 thousand outstanding standby letter of credit related to workers compensation under a $1.5 million sub-facility. To the extent that the letter of credit is drawn upon, the disbursement will be funded by the credit facility. There are no amounts due related to the letter of credit as of December 31, 2023. The letter of credit expires on December 31, 2024 and automatically extends for one year on the expiration date. Subject to a borrowing base formula, the Company may borrow at the rate of one month SOFR plus 0.10% and 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 and $0.9 million for the nine months ended December 31, 2023 and 2022, respectively. For the nine months ended December 31, 2023 and fiscal year ended March 31, 2023, the Company’s effective interest rate, including the commitment fee and amortization of debt issuance costs, was 9.8% annualized and 7.0%, respectively. At December 31, 2023, the unused amount available under the revolving credit facility was $274.4 million and borrowings under the revolving credit facility mature on June 7, 2026. 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 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. 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. During the fourth quarter of fiscal 2023, the Company repurchased and extinguished $9.1 million of its Notes, net of $0.1 million unamortized debt issuance costs related to the extinguished debt, on the open market for a reacquisition price of $7.2 million. During the first nine months of fiscal 2024, the Company repurchased and extinguished $8.25 million of its Notes, net of $88.1 thousand unamortized debt issuance costs related to the extinguished debt, on the open market for a reacquisition price of $7.0 million. For the three and nine months ended December 31, 2023, the Company recognized a $0.6 million and $1.2 million gain on extinguishment, respectively. In accordance with ASC 470, the Company recognized the gain on extinguishment as a component of interest expense in the Company's Consolidated Statements of Operations. Debt Covenants The agreement governing the Company’s revolving credit facility contains affirmative and negative covenants, including covenants that generally 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 (decreasing to 2.25 to 1.0 for the fiscal quarters ending March 31, 2023 and June 30, 2023, 2.0 to 1.0 for the fiscal quarter ending September 30, 2023, and 2.25 to 1.0 for the fiscal quarter ending December 31, 2023); (iii) a maximum collateral performance indicator of 26% as of the end of each calendar month (increasing to 28% for the calendar months ending October 31, 2022 through June 30, 2023); and (iv) a minimum fixed charges coverage ratio of 1.25 to 1.0 for the fiscal quarter ended December 31, 2022, 1.15 to 1.0 for the fiscal quarters ending March 31, 2023 and June 30, 2023, 1.50 to 1.0 for the fiscal quarter ending September 30, 2023, 2.0 to 1.0 for the fiscal quarter ending December 31, 2023, and 2.25 to 1.0 for each fiscal quarter thereafter, where the ratio for the most recent four consecutive fiscal quarters must be at least 2.0 to 1.0, other than for the fiscal quarter ending September 30, 2023, in order for the Company to declare dividends or purchase any class or series of its capital stock or other equity. 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 December 31, 2023 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 loans receivable 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 The aggregate annual maturities of the Company's debt arrangements as of December 31, 2023 are as follows: Amount Remainder of 2024 $ — 2025 — 2026 — 2027 587,699,480 2028 — Total future debt payments $ 587,699,480

INCOME TAXES

INCOME TAXES	9 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES As of December 31, 2023 and March 31, 2023, the Company had $1.0 million and $1.1 million, respectively, of total gross unrecognized tax benefits including interest. Approximately $0.8 million and $0.9 million, respectively, represent the amount of net unrecognized tax benefits that are permanent in nature and, if recognized, would affect the annual effective tax rate. At December 31, 2023, approximately $0.4 million of gross unrecognized tax benefits are expected to be resolved during the next twelve months through the expiration of the statute of limitations and settlement with taxing authorities. The Company’s continuing practice is to recognize interest and penalties related to income tax matters in income tax expense. The Company had approximately $296.8 thousand accrued for gross interest as of December 31, 2023, and accrued $3.9 thousand during the nine months ended December 31, 2023. Investment in HTC was $19.4 million and $23.0 million as of December 31, 2023 and March 31, 2023, respectively, which is included as a component of Other assets, net in the Consolidated Balance Sheets. The Company recognized net amortization from these investments of $1.2 million and $0.4 million during the three months ended December 31, 2023 and 2022, respectively, and $3.2 million and $1.7 million during the nine months ended December 31, 2023 and 2022, respectively, in income tax expense. The Company recognized tax benefits from these investments of $1.2 million and $0.5 million during the three months ended December 31, 2023 and 2022, respectively, and $3.6 million and $1.5 million during the nine months ended December 31, 2023 and 2022, respectively, in income tax expense and in Income taxes payable in the Consolidated Statements of Cash Flows. The Company did not recognize any non-tax related activity or have any significant modifications in the investments during the current period. The Company is subject to U.S. income taxes, as well as taxes in 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 2019, although carryforward attributes that were generated prior to 2019 may still be adjusted upon examination by the taxing authorities if they either have been or will be used in a future period.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES General 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. However, in light of the inherent uncertainties involved, 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.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Management is not aware of any significant events occurring subsequent to the balance sheet date that would have a material effect on the financial statements thereby requiring adjustment or disclosure.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net income (loss)	$ 16,664,818	$ 5,804,586	$ 42,285,985	$ (3,399,465)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT POLICI_2

SUMMARY OF SIGNIFICANT POLICIES (Policies)	9 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations The Company is a small-loan consumer finance 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. The Company offers income tax return preparation services to its loan customers and other individuals.
Seasonality	Seasonality The Company's loan volume and corresponding loans receivable follow seasonal trends. The Company's highest loan demand generally occurs 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. Loan volume and average balances remain relatively level during the remainder of the year. Consequently, the Company experiences significant seasonal fluctuations in its operating results and cash needs. Operating results for 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.
Loans receivable, net	Loans receivable, net Loans receivable 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. 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. Net unamortized deferred origination costs were $5.6 million and $4.9 million as of December 31, 2023 and March 31, 2023, respectively. From time to time, the Company may sell charged off loans receivable, which are accounted for as a sale in accordance with ASC 860, Transfers and Servicing .
Allowance for credit losses	Allowance for credit losses Refer to Note 4, “Loans Receivable and Allowance for Credit Losses,” for information regarding the Company's CECL allowance model and a description of the methodology it utilizes.
Reclassification	Reclassification Certain prior period amounts have been reclassified to conform to the current presentation. Such reclassifications had no impact on previously reported net income (loss) or shareholders' equity, with the exception of the following. As a result of adopting ASU 2023-02, Investments- Equity Method and Joint Venture (Topic 323)
Recently Adopted Accounting Standards and Recently Issued Accounting Standards Not Yet Adopted	Recently Adopted Accounting Standards 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 eliminated 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 . The adoption of ASU 2022-02 on April 1, 2023 expanded our gross charge-off disclosures, but had no other impact on the Company’s Consolidated Financial Statements. Recently Issued Accounting Standards Not Yet Adopted Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures , which improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments are effective for fiscal years beginning after December 15, 2023, and for interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied retrospectively to all prior periods presented in the financial statements. Management is currently evaluating this ASU to determine its impact on the Company's Consolidated Financial Statements and related disclosures. Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which modifies the rules on income tax disclosures to require entities to expand annual disclosures to 1) include specific categories in the rate reconciliation and additional information for reconciling items that meet a quantitative threshold and 2) disclose the amount of income taxes paid (net of refunds received) disaggregated by federal, state and foreign taxes. ASU 2023-09 also requires entities to disclose income (or loss) from continuing operations before income tax expense (or benefit) disaggregated between domestic and foreign, and income tax expense (or benefit) from continuing operations disaggregated by federal, state and foreign, among other changes. The amendments are effective for annual periods beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance. ASU 2023-09 should be applied on a prospective basis, but retrospective application is permitted. Management is currently evaluating this ASU to determine its impact on the Company's Consolidated Financial Statements and related disclosures. 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 and related disclosures as a result of future adoption.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Values of Financial Assets and Liabilities	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. December 31, 2023 March 31, 2023 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Cash and cash equivalents 1 $ 12,775,524 $ 12,775,524 $ 16,508,935 $ 16,508,935 Loans receivable, net 3 907,229,249 907,229,249 887,788,486 887,788,486 LIABILITIES Senior unsecured notes payable 2 282,610,000 257,517,058 290,860,000 218,127,548 Senior notes payable 3 305,089,480 305,089,480 307,910,824 307,910,824

LOANS RECEIVABLE AND ALLOWANC_2

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Schedule of Gross Loans Receivable by Customer Tenure	The following is a summary of gross loans receivable by Customer Tenure as of: Customer Tenure December 31, 2023 March 31, 2023 0 to 5 months $ 88,474,205 $ 81,803,668 6 to 17 months 83,641,505 133,650,188 18 to 35 months 154,272,047 135,396,187 36 to 59 months 212,663,970 244,414,255 60+ months 861,562,368 792,189,216 Tax advance loans 7,894 2,562,054 Total gross loans $ 1,400,621,989 $ 1,390,015,568 The following table presents unpaid accrued interest reversed against interest income by Customer Tenure for the three and nine months ended December 31, 2023 and December 31, 2022: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Customer Tenure 0 to 5 months $ (1,358,755) $ (1,813,804) $ (3,904,031) $ (8,117,103) 6 to 17 months (777,293) (1,627,586) (2,651,226) (4,605,102) 18 to 35 months (946,820) (1,285,309) (2,609,760) (3,862,834) 36 to 59 months (1,065,935) (1,365,428) (3,211,393) (3,543,651) 60+ months (2,822,515) (3,352,265) (7,972,048) (9,724,169) Total $ (6,971,318) $ (9,444,392) $ (20,348,458) $ (29,852,859)
Schedule of Payment Performance on a Recency Basis	The following table provides a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at December 31, 2023: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,199,541,510 $ 67,910,482 $ 4,917,687 $ 119,767 $ 36,259 $ 8,904 $ 1,272,534,609 30 - 60 days past due 39,988,200 5,754,817 604,508 28,282 15,556 3,633 46,394,996 61 - 90 days past due 25,958,915 3,677,614 285,870 14,542 18,404 1,843 29,957,188 91 or more days past due 43,659,995 7,522,539 512,369 21,530 5,091 5,778 51,727,302 Total $ 1,309,148,620 $ 84,865,452 $ 6,320,434 $ 184,121 $ 75,310 $ 20,158 $ 1,400,614,095 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 2,294 $ — $ — $ — $ — $ — $ 2,294 30 - 60 days past due 2,508 — — — — — 2,508 61 - 90 days past due 3,092 — — — — — 3,092 91 or more days past due — — — — — — — Total $ 7,894 $ — $ — $ — $ — $ — $ 7,894 Total gross loans $ 1,400,621,989 The following table provides a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at March 31, 2023: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,200,504,088 $ 62,076,656 $ 1,998,218 $ 148,662 $ 23,046 $ 6,863 $ 1,264,757,533 30 - 60 days past due 40,791,746 4,689,867 160,956 42,700 8,504 2,988 45,696,761 61 - 90 days past due 26,319,250 2,572,733 92,088 40,281 884 — 29,025,236 91 or more days past due 41,832,821 5,944,645 160,361 29,494 4,430 2,233 47,973,984 Total $ 1,309,447,905 $ 75,283,901 $ 2,411,623 $ 261,137 $ 36,864 $ 12,084 $ 1,387,453,514 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 1,932,607 $ 3,524 $ — $ — $ — $ — $ 1,936,131 30 - 60 days past due 609,844 736 — — — — 610,580 61 - 90 days past due — 4,845 — — — — 4,845 91 or more days past due 409 10,089 — — — — 10,498 Total $ 2,542,860 $ 19,194 $ — $ — $ — $ — $ 2,562,054 Total gross loans $ 1,390,015,568 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 December 31, 2023: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,188,126,383 $ 60,651,793 $ 3,944,841 $ 52,853 $ 12,484 $ 652 $ 1,252,789,006 30 - 60 days past due 40,230,196 3,897,049 250,587 941 1,006 — 44,379,779 61 - 90 days past due 28,592,002 3,484,278 236,372 1,646 — 296 32,314,594 91 or more days past due 52,200,038 16,832,332 1,888,635 128,681 61,820 19,210 71,130,716 Total $ 1,309,148,619 $ 84,865,452 $ 6,320,435 $ 184,121 $ 75,310 $ 20,158 $ 1,400,614,095 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ — $ — $ — $ — $ — $ — $ — 30 - 60 days past due 439 — — — — — 439 61 - 90 days past due 1,714 — — — — — 1,714 91 or more days past due 5,741 — — — — — 5,741 Total $ 7,894 $ — $ — $ — $ — $ — $ 7,894 Total gross loans $ 1,400,621,989 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, 2023: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,174,237,761 $ 53,652,011 $ 1,554,144 $ 64,233 $ 5,142 $ 1,491 $ 1,229,514,782 30 - 60 days past due 47,346,331 3,661,493 77,857 6,714 — — 51,092,395 61 - 90 days past due 33,012,804 3,030,052 44,129 7,643 — — 36,094,628 91 or more days past due 54,851,010 14,940,345 735,493 182,547 31,721 10,593 70,751,709 Total $ 1,309,447,906 $ 75,283,901 $ 2,411,623 $ 261,137 $ 36,863 $ 12,084 $ 1,387,453,514 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 1,932,607 $ — $ — $ — $ — $ — $ 1,932,607 30 - 60 days past due 609,844 — — — — — 609,844 61 - 90 days past due — — — — — — — 91 or more days past due 409 19,194 — — — — 19,603 Total $ 2,542,860 $ 19,194 $ — $ — $ — $ — $ 2,562,054 Total gross loans $ 1,390,015,568 The following table provides a breakdown of the Company’s gross charge-offs by year of origination for the three and nine months ended December 31, 2023: Three months ended December 31, Nine months ended December 31, Gross Charge-offs by Origination Gross Charge-offs by Origination Origination by Calendar Year Loans Tax advance loans Total Loans Tax advance loans Total 2018 and prior $ 1,958 $ — $ 1,958 $ 9,686 $ — $ 9,686 2019 2,448 — 2,448 19,986 — 19,986 2020 32,909 — 32,909 177,372 — 177,372 2021 943,234 — 943,234 5,589,791 — 5,589,791 2022 15,175,088 188 15,175,276 95,994,906 5,436 96,000,342 2023 38,460,870 118,287 38,579,157 54,171,402 1,260,035 55,431,437 Total $ 54,616,507 $ 118,475 $ 54,734,982 $ 155,963,143 $ 1,265,471 $ 157,228,614 The following table provides a breakdown of the Company’s gross charge-offs by year of origination for the three and nine months ended December 31, 2022: Three months ended December 31, Nine months ended December 31, Gross Charge-offs by Origination Gross Charge-offs by Origination Origination by Calendar Year Loans Tax advance loans Total Loans Tax advance loans Total 2017 and prior $ 656 $ — $ 656 $ 10,102 $ — $ 10,102 2018 19,203 — 19,203 39,797 — 39,797 2019 158,346 — 158,346 334,091 — 334,091 2020 441,199 — 441,199 2,591,494 — 2,591,494 2021 19,276,965 263 19,277,228 125,968,883 19,885 125,988,768 2022 66,102,716 383,534 66,486,250 97,354,602 2,413,550 99,768,152 Total $ 85,999,085 $ 383,797 $ 86,382,882 $ 226,298,969 $ 2,433,435 $ 228,732,404
Summary of Changes in the Allowance for Loan Losses	The following table presents a roll forward of the allowance for credit losses for the three and nine months ended December 31, 2023 and 2022: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Beginning balance $ 128,892,192 $ 155,892,100 $ 125,552,733 $ 134,242,862 Provision for credit losses 40,631,994 59,608,655 127,697,072 214,051,068 Charge-offs (54,734,982) (86,382,882) (157,228,614) (228,732,404) Recoveries 1 6,292,864 15,421,670 25,060,877 24,978,017 Net charge-offs (48,442,118) (70,961,212) (132,167,737) (203,754,387) Ending Balance $ 121,082,068 $ 144,539,543 $ 121,082,068 $ 144,539,543
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 December 31, 2023: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 70,723,005 $ 5,258,173 $ 4,431,184 $ 8,061,843 $ 17,751,200 $ 88,474,205 6 to 17 months 70,403,444 4,322,410 2,974,763 5,940,888 13,238,061 83,641,505 18 to 35 months 136,529,566 6,306,026 4,251,454 7,185,001 17,742,481 154,272,047 36 to 59 months 191,171,843 7,712,458 5,057,386 8,722,283 21,492,127 212,663,970 60+ months 803,706,751 22,795,929 13,242,401 21,817,287 57,855,617 861,562,368 Tax advance loans 2,294 2,508 3,092 — 5,600 7,894 Total gross loans 1,272,536,903 46,397,504 29,960,280 51,727,302 128,085,086 1,400,621,989 Unearned interest, insurance and fees (340,464,381) (9,305,045) (8,165,777) (14,375,469) (31,846,291) (372,310,672) Total net loans $ 932,072,522 $ 37,092,459 $ 21,794,503 $ 37,351,833 $ 96,238,795 $ 1,028,311,317 Percentage of period-end gross loans receivable 3.3% 2.1% 3.7% 9.1% The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at March 31, 2023: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 64,615,314 $ 5,451,276 $ 4,407,751 $ 7,329,327 $ 17,188,354 $ 81,803,668 6 to 17 months 113,946,833 6,527,355 4,655,441 8,520,559 19,703,355 133,650,188 18 to 35 months 120,125,821 5,336,994 3,727,331 6,206,041 15,270,366 135,396,187 36 to 59 months 223,734,062 8,070,011 4,839,000 7,771,182 20,680,193 244,414,255 60+ months 742,335,503 20,311,125 11,395,713 18,146,875 49,853,713 792,189,216 Tax advance loans 1,936,131 610,580 4,845 10,498 625,923 2,562,054 Total gross loans 1,266,693,664 46,307,341 29,030,081 47,984,482 123,321,904 1,390,015,568 Unearned interest, insurance and fees (343,255,876) (12,548,627) (7,866,737) (13,003,109) (33,418,473) (376,674,349) Total net loans $ 923,437,788 $ 33,758,714 $ 21,163,344 $ 34,981,373 $ 89,903,431 $ 1,013,341,219 Percentage of period-end gross loans receivable 3.3 % 2.1 % 3.5 % 8.9 % The following table is an aging analysis on a contractual basis at amortized cost of the Company’s gross loans receivable at December 31, 2023: Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 69,745,014 $ 5,057,373 $ 4,433,801 $ 9,238,017 $ 18,729,191 $ 88,474,205 6 to 17 months 68,600,697 3,932,710 3,077,743 8,030,355 15,040,808 83,641,505 18 to 35 months 134,132,918 5,933,072 4,509,138 9,696,919 20,139,129 154,272,047 36 to 59 months 187,676,345 7,282,389 5,443,963 12,261,273 24,987,625 212,663,970 60+ months 792,634,032 22,174,235 14,849,949 31,904,152 68,928,336 861,562,368 Tax advance loans — 439 1,714 5,741 7,894 7,894 Total gross loans 1,252,789,006 44,380,218 32,316,308 71,136,457 147,832,983 1,400,621,989 Unearned interest, insurance and fees (336,138,470) (8,303,761) (8,796,156) (19,072,285) (36,172,202) (372,310,672) Total net loans $ 916,650,536 $ 36,076,457 $ 23,520,152 $ 52,064,172 $ 111,660,781 $ 1,028,311,317 Percentage of period-end gross loans receivable 3.2% 2.3% 5.1% 10.6 % The following table is an aging analysis on a contractual basis at amortized cost of the Company’s gross loans receivable at March 31, 2023: Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 61,850,142 $ 5,320,659 $ 4,864,498 $ 9,768,369 $ 19,953,526 $ 81,803,668 6 to 17 months 109,694,389 6,892,610 5,613,468 11,449,721 23,955,799 133,650,188 18 to 35 months 115,711,782 5,721,694 4,499,010 9,463,701 19,684,405 135,396,187 36 to 59 months 217,821,239 8,991,995 6,078,488 11,522,533 26,593,016 244,414,255 60+ months 724,437,230 24,165,437 15,039,164 28,547,385 67,751,986 792,189,216 Tax advance loans 1,932,607 609,844 — 19,603 629,447 2,562,054 Total gross loans 1,231,447,389 51,702,239 36,094,628 70,771,312 158,568,179 1,390,015,568 Unearned interest, insurance and fees (333,704,639) (14,010,568) (9,781,128) (19,178,014) (42,969,710) (376,674,349) Total net loans $ 897,742,750 $ 37,691,671 $ 26,313,500 $ 51,593,298 $ 115,598,469 $ 1,013,341,219 Percentage of period-end gross loans receivable 3.7 % 2.6 % 5.1 % 11.4 %
Schedule of Amortized Cost Basis of Loans on Nonaccrual	The following table presents the amortized cost basis of loans on nonaccrual status as of the beginning of the reporting period and the end of the reporting period, as well as interest income recognized on nonaccrual loans for the three and nine months ended December 31, 2023 and 2022: Nonaccrual Loans Receivable Customer Tenure As of December 31, 2023 As of March 31, 2023 Interest Income Recognized for the three months ended December 31, 2023 Interest Income Recognized for the three months ended December 31, 2022 Interest Income Recognized for the nine months ended December 31, 2023 Interest Income Recognized for the nine months ended December 31, 2022 0 to 5 months $ 14,079,793 $ 15,781,494 $ 197,470 $ 480,947 $ 769,418 $ 1,522,535 6 to 17 months 11,853,469 18,288,714 319,474 450,877 1,168,253 1,216,091 18 to 35 months 15,380,814 15,551,806 396,720 544,689 1,249,102 1,741,780 36 to 59 months 19,379,244 19,745,397 547,608 555,085 1,728,965 1,606,466 60+ months 51,666,613 49,285,814 1,497,757 1,711,201 4,785,842 4,975,538 Tax advance loans 50,950 19,603 — — — — Unearned interest, insurance and fees (29,880,847) (32,158,640) — — — — Total $ 82,530,036 $ 86,514,188 $ 2,959,029 $ 3,742,799 $ 9,701,580 $ 11,062,410

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Schedule of Lease Cost	The following table reports information about the Company's lease cost for the three and nine months ended December 31, 2023 and 2022: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Lease Cost Finance lease cost $ — $ — $ — $ 205,975 Amortization of right-of-use assets — — — 204,552 Interest on lease liabilities — — — 1,423 Operating lease cost $ 6,163,762 $ 6,746,965 $ 19,000,163 $ 21,013,997 Variable lease cost $ 888,119 $ 920,991 $ 2,808,845 $ 2,772,620 Total lease cost $ 7,051,881 $ 7,667,956 $ 21,809,008 $ 23,992,592 The following table reports other information about the Company's leases for the three and nine months ended December 31, 2023 and 2022: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Other Lease Information Cash paid for amounts included in the measurement of lease liabilities $ 6,265,527 $ 6,550,184 $ 18,965,468 $ 19,998,398 Operating cash flows from finance leases — — — 1,423 Operating cash flows from operating leases 6,265,527 6,550,184 18,965,468 19,916,908 Financing cash flows from finance leases — — — 80,067 Right-of-use assets obtained in exchange for new operating lease liabilities $ 4,568,169 $ 3,447,091 $ 13,560,648 $ 13,912,470 Weighted-average remaining lease term — finance leases — — — — Weighted average remaining lease term — operating leases 6.9 years 7.1 years 6.9 years 7.1 years Weighted-average discount rate — finance leases — % — % — % — % Weighted-average discount rate — operating leases 6.3 % 6.1 % 6.3 % 6.1 %
Schedule of Operating Lease Maturity	The aggregate annual lease obligations as of December 31, 2023 are as follows: Operating Leases Remainder of 2024 $ 6,054,892 2025 21,532,117 2026 18,010,788 2027 13,832,252 2028 11,124,461 Thereafter 31,854,653 Total undiscounted lease liability $ 102,409,163 Imputed interest 19,938,057 Total discounted lease liability $ 82,471,106
Schedule of Finance Lease Maturity	The aggregate annual lease obligations as of December 31, 2023 are as follows: Operating Leases Remainder of 2024 $ 6,054,892 2025 21,532,117 2026 18,010,788 2027 13,832,252 2028 11,124,461 Thereafter 31,854,653 Total undiscounted lease liability $ 102,409,163 Imputed interest 19,938,057 Total discounted lease liability $ 82,471,106

AVERAGE SHARE INFORMATION (Tabl

AVERAGE SHARE INFORMATION (Tables)	9 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Summary of Basic and Diluted Average Common Shares Outstanding	The following is a summary of the basic and diluted average common shares outstanding: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Basic: Weighted average common shares outstanding (denominator) 5,772,503 5,761,954 5,775,108 5,743,094 Diluted: Weighted average common shares outstanding 5,772,503 5,761,954 5,775,108 5,743,094 Dilutive potential common shares 2 87,614 95,536 121,608 — Weighted average diluted shares outstanding (denominator) 5,860,117 5,857,490 5,896,716 5,743,094

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Performance Shares Vesting Based on EPS Targets	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 Fair Value was Estimated at Grant Date Using the Weighted-Average	Fair value was estimated at grant date using the weighted-average assumptions listed below: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Dividend yield —% —% —% —% Expected volatility 62.54% 57.46% 62.55% 57.09% Average risk-free rate 4.70% 3.91% 4.69% 3.59% Expected life 4.6 years 5.8 years 4.6 years 5.8 years
Schedule of Stock Option Activity	Option activity for the nine months ended December 31, 2023 was as follows: Shares Weighted Average Exercise Weighted Average Aggregate Intrinsic Value Options outstanding, beginning of period 314,742 $ 104.41 Granted during period 2,598 124.67 Exercised during period (22,847) 88.34 Forfeited during period (11,027) 122.25 Expired during period (2,682) 162.17 Options outstanding, end of period 280,784 3 $ 104.66 5.2 years $ 8,250,477 Options exercisable, end of period 128,057 $ 105.11 5.1 years $ 3,919,056
Schedule of Intrinsic Value of Options Exercised	The total intrinsic value of options exercised during the periods ended December 31, 2023 and 2022 was as follows: December 31, December 31, Three months ended $ 369,543 $ 51,106 Nine months ended $ 810,853 $ 481,572
Summary of the Status and Changes Restricted Stock	A summary of the status of the Company’s restricted stock as of December 31, 2023, and changes during the nine months ended December 31, 2023, are presented below: Shares Weighted Average Fair Value at Grant Date Outstanding at March 31, 2023 460,614 $ 101.82 Granted during the period 3,993 120.12 Vested during the period (62,983) 103.85 Forfeited during the period (13,047) 116.56 Outstanding at December 31, 2023 388,577 $ 101.18
Schedule of Share-Based Compensation Included as a Component of Net Income (Loss)	Total stock-based compensation included as a component of personnel expenses in the Company's Consolidated Statements of Operations during the three and nine month periods ended December 31, 2023 and 2022 was as follows: Three months ended December 31, Nine months ended December 31, 2023 2022 2023 2022 Stock-based compensation related to equity classified awards: Stock-based compensation (reversal) related to stock options 4 $ 189,582 $ 425,120 $ (3,871,348) $ 1,869,879 Stock-based compensation (reversal) related to restricted stock, net of adjustments and exclusive of cancellations 5 (690,699) (679,443) 1,475,151 5,512,434 Total stock-based compensation (reversal) related to equity classified awards $ (501,117) $ (254,323) $ (2,396,197) $ 7,382,313

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Business Acquisitions, by Acquisition	The following table sets forth the Company's acquisition activity for the nine months ended December 31, 2023 and 2022: Nine months ended December 31, 2023 2022 Acquisitions: Number of loan portfolios acquired through asset purchases — 43 Total acquisitions — 43 Purchase price $ — $ 22,314,902 Tangible assets: Loans receivable, net — 27,105,078 Purchase price amount below carrying value of net tangible assets 6 $ — $ (4,790,176)

DEBT (Tables)

DEBT (Tables)	9 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Schedule of Aggregate Annual Maturities of the Notes Payable	The aggregate annual maturities of the Company's debt arrangements as of December 31, 2023 are as follows: Amount Remainder of 2024 $ — 2025 — 2026 — 2027 587,699,480 2028 — Total future debt payments $ 587,699,480

SUMMARY OF SIGNIFICANT POLICI_3

SUMMARY OF SIGNIFICANT POLICIES (Details) - USD ($) $ in Millions	Dec. 31, 2023	Mar. 31, 2023
Accounting Policies [Abstract]
Unamortized deferred origination fees and costs	$ 5.6	$ 4.9

FAIR VALUE (Details)

FAIR VALUE (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior unsecured notes payable, net	$ 279,915,756	$ 287,352,892
Senior notes payable	305,089,480	307,910,824
Fair Value, Inputs, Level 1 | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	12,775,524	16,508,935
Fair Value, Inputs, Level 1 | Estimated Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	12,775,524	16,508,935
Fair Value, Inputs, Level 3 | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable, net	907,229,249	887,788,486
Fair Value, Inputs, Level 3 | Carrying Value | Senior notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes payable	305,089,480	307,910,824
Fair Value, Inputs, Level 3 | Estimated Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable, net	907,229,249	887,788,486
Fair Value, Inputs, Level 3 | Estimated Fair Value | Senior notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes payable	305,089,480	307,910,824
Fair Value, Inputs, Level 2 | Carrying Value | Senior notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior unsecured notes payable, net	282,610,000	290,860,000
Fair Value, Inputs, Level 2 | Estimated Fair Value | Senior notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior unsecured notes payable, net	$ 257,517,058	$ 218,127,548

LOANS RECEIVABLE AND ALLOWANC_3

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Gross Loans Receivable By Customer Tenure) (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 1,400,621,989	$ 1,390,015,568
Tax advance loans
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	7,894	2,562,054
0 to 5 months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	88,474,205	81,803,668
6 to 17 months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	83,641,505	133,650,188
18 to 35 months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	154,272,047	135,396,187
36 to 59 months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	212,663,970	244,414,255
60+ months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 861,562,368	$ 792,189,216

LOANS RECEIVABLE AND ALLOWANC_4

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Payment Performance On A Recency Basis) (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 1,400,621,989	$ 1,390,015,568
Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,309,148,620	1,309,447,905
Financing receivable, between 1 and 2 years ago	84,865,452	75,283,901
Financing receivable, between 2 and 3 years ago	6,320,434	2,411,623
Financing receivable, between 3 and 4 years ago	184,121	261,137
Financing receivable, between 4 and 5 years ago	75,310	36,864
Financing receivable, more than 5 years ago	20,158	12,084
Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,400,614,095	1,387,453,514
Loans | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	39,988,200	40,791,746
Financing receivable, between 1 and 2 years ago	5,754,817	4,689,867
Financing receivable, between 2 and 3 years ago	604,508	160,956
Financing receivable, between 3 and 4 years ago	28,282	42,700
Financing receivable, between 4 and 5 years ago	15,556	8,504
Financing receivable, more than 5 years ago	3,633	2,988
Gross loans receivable	46,394,996	45,696,761
Loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	25,958,915	26,319,250
Financing receivable, between 1 and 2 years ago	3,677,614	2,572,733
Financing receivable, between 2 and 3 years ago	285,870	92,088
Financing receivable, between 3 and 4 years ago	14,542	40,281
Financing receivable, between 4 and 5 years ago	18,404	884
Financing receivable, more than 5 years ago	1,843	0
Gross loans receivable	29,957,188	29,025,236
Loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	43,659,995	41,832,821
Financing receivable, between 1 and 2 years ago	7,522,539	5,944,645
Financing receivable, between 2 and 3 years ago	512,369	160,361
Financing receivable, between 3 and 4 years ago	21,530	29,494
Financing receivable, between 4 and 5 years ago	5,091	4,430
Financing receivable, more than 5 years ago	5,778	2,233
Gross loans receivable	51,727,302	47,973,984
Tax advance loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	7,894	2,542,860
Financing receivable, between 1 and 2 years ago	0	19,194
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	7,894	2,562,054
Tax advance loans | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	2,508	609,844
Financing receivable, between 1 and 2 years ago	0	736
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	2,508	610,580
Tax advance loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	3,092	0
Financing receivable, between 1 and 2 years ago	0	4,845
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	3,092	4,845
Tax advance loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	0	409
Financing receivable, between 1 and 2 years ago	0	10,089
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	10,498
Performing Financing Receivable | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,199,541,510	1,200,504,088
Financing receivable, between 1 and 2 years ago	67,910,482	62,076,656
Financing receivable, between 2 and 3 years ago	4,917,687	1,998,218
Financing receivable, between 3 and 4 years ago	119,767	148,662
Financing receivable, between 4 and 5 years ago	36,259	23,046
Financing receivable, more than 5 years ago	8,904	6,863
Performing Financing Receivable | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,272,534,609	1,264,757,533
Performing Financing Receivable | Tax advance loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	2,294	1,932,607
Financing receivable, between 1 and 2 years ago	0	3,524
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	$ 2,294	$ 1,936,131

LOANS RECEIVABLE AND ALLOWANC_5

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Payment Performance On A Contractual Basis) (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 1,400,621,989	$ 1,390,015,568
Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,309,148,620	1,309,447,905
Financing receivable, between 1 and 2 years ago	84,865,452	75,283,901
Financing receivable, between 2 and 3 years ago	6,320,434	2,411,623
Financing receivable, between 3 and 4 years ago	184,121	261,137
Financing receivable, between 4 and 5 years ago	75,310	36,864
Financing receivable, more than 5 years ago	20,158	12,084
Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,400,614,095	1,387,453,514
Loans | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	39,988,200	40,791,746
Financing receivable, between 1 and 2 years ago	5,754,817	4,689,867
Financing receivable, between 2 and 3 years ago	604,508	160,956
Financing receivable, between 3 and 4 years ago	28,282	42,700
Financing receivable, between 4 and 5 years ago	15,556	8,504
Financing receivable, more than 5 years ago	3,633	2,988
Gross loans receivable	46,394,996	45,696,761
Loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	25,958,915	26,319,250
Financing receivable, between 1 and 2 years ago	3,677,614	2,572,733
Financing receivable, between 2 and 3 years ago	285,870	92,088
Financing receivable, between 3 and 4 years ago	14,542	40,281
Financing receivable, between 4 and 5 years ago	18,404	884
Financing receivable, more than 5 years ago	1,843	0
Gross loans receivable	29,957,188	29,025,236
Loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	43,659,995	41,832,821
Financing receivable, between 1 and 2 years ago	7,522,539	5,944,645
Financing receivable, between 2 and 3 years ago	512,369	160,361
Financing receivable, between 3 and 4 years ago	21,530	29,494
Financing receivable, between 4 and 5 years ago	5,091	4,430
Financing receivable, more than 5 years ago	5,778	2,233
Gross loans receivable	51,727,302	47,973,984
Tax advance loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	7,894	2,542,860
Financing receivable, between 1 and 2 years ago	0	19,194
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	7,894	2,562,054
Tax advance loans | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	2,508	609,844
Financing receivable, between 1 and 2 years ago	0	736
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	2,508	610,580
Tax advance loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	3,092	0
Financing receivable, between 1 and 2 years ago	0	4,845
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	3,092	4,845
Tax advance loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	0	409
Financing receivable, between 1 and 2 years ago	0	10,089
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	10,498
Performing Financing Receivable | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,199,541,510	1,200,504,088
Financing receivable, between 1 and 2 years ago	67,910,482	62,076,656
Financing receivable, between 2 and 3 years ago	4,917,687	1,998,218
Financing receivable, between 3 and 4 years ago	119,767	148,662
Financing receivable, between 4 and 5 years ago	36,259	23,046
Financing receivable, more than 5 years ago	8,904	6,863
Performing Financing Receivable | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,272,534,609	1,264,757,533
Performing Financing Receivable | Tax advance loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	2,294	1,932,607
Financing receivable, between 1 and 2 years ago	0	3,524
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	2,294	1,936,131
Contractual basis
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,400,621,989	1,390,015,568
Contractual basis | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	44,380,218	51,702,239
Contractual basis | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	32,316,308	36,094,628
Contractual basis | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	71,136,457	70,771,312
Contractual basis | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,309,148,619	1,309,447,906
Financing receivable, between 1 and 2 years ago	84,865,452	75,283,901
Financing receivable, between 2 and 3 years ago	6,320,435	2,411,623
Financing receivable, between 3 and 4 years ago	184,121	261,137
Financing receivable, between 4 and 5 years ago	75,310	36,863
Financing receivable, more than 5 years ago	20,158	12,084
Contractual basis | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,400,614,095	1,387,453,514
Contractual basis | Loans | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	40,230,196	47,346,331
Financing receivable, between 1 and 2 years ago	3,897,049	3,661,493
Financing receivable, between 2 and 3 years ago	250,587	77,857
Financing receivable, between 3 and 4 years ago	941	6,714
Financing receivable, between 4 and 5 years ago	1,006	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	44,379,779	51,092,395
Contractual basis | Loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	28,592,002	33,012,804
Financing receivable, between 1 and 2 years ago	3,484,278	3,030,052
Financing receivable, between 2 and 3 years ago	236,372	44,129
Financing receivable, between 3 and 4 years ago	1,646	7,643
Financing receivable, between 4 and 5 years ago	0	0
Financing receivable, more than 5 years ago	296	0
Gross loans receivable	32,314,594	36,094,628
Contractual basis | Loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	52,200,038	54,851,010
Financing receivable, between 1 and 2 years ago	16,832,332	14,940,345
Financing receivable, between 2 and 3 years ago	1,888,635	735,493
Financing receivable, between 3 and 4 years ago	128,681	182,547
Financing receivable, between 4 and 5 years ago	61,820	31,721
Financing receivable, more than 5 years ago	19,210	10,593
Gross loans receivable	71,130,716	70,751,709
Contractual basis | Tax advance loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	7,894	2,542,860
Financing receivable, between 1 and 2 years ago	0	19,194
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	7,894	2,562,054
Contractual basis | Tax advance loans | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	439	609,844
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	439	609,844
Contractual basis | Tax advance loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,714	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	1,714	0
Contractual basis | Tax advance loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	5,741	409
Financing receivable, between 1 and 2 years ago	0	19,194
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	5,741	19,603
Contractual basis | Performing Financing Receivable | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,188,126,383	1,174,237,761
Financing receivable, between 1 and 2 years ago	60,651,793	53,652,011
Financing receivable, between 2 and 3 years ago	3,944,841	1,554,144
Financing receivable, between 3 and 4 years ago	52,853	64,233
Financing receivable, between 4 and 5 years ago	12,484	5,142
Financing receivable, more than 5 years ago	652	1,491
Contractual basis | Performing Financing Receivable | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,252,789,006	1,229,514,782
Contractual basis | Performing Financing Receivable | Tax advance loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	0	1,932,607
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	$ 1,932,607

LOANS RECEIVABLE AND ALLOWANC_6

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Company’s Gross Charge-Offs By Year of Origination) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, gross charge-offs, prior	$ 1,958	$ 656	$ 9,686	$ 10,102
Financing receivable, gross charge-offs, four years before	2,448	19,203	19,986	39,797
Financing receivable, gross charge-offs, three years before	32,909	158,346	177,372	334,091
Financing receivable, gross charge-offs, two years before	943,234	441,199	5,589,791	2,591,494
Financing receivable, gross charge-offs, one year before	15,175,276	19,277,228	96,000,342	125,988,768
Financing receivable, gross charge-offs, current	38,579,157	66,486,250	55,431,437	99,768,152
Total	54,734,982	86,382,882	157,228,614	228,732,404
Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, gross charge-offs, prior	1,958	656	9,686	10,102
Financing receivable, gross charge-offs, four years before	2,448	19,203	19,986	39,797
Financing receivable, gross charge-offs, three years before	32,909	158,346	177,372	334,091
Financing receivable, gross charge-offs, two years before	943,234	441,199	5,589,791	2,591,494
Financing receivable, gross charge-offs, one year before	15,175,088	19,276,965	95,994,906	125,968,883
Financing receivable, gross charge-offs, current	38,460,870	66,102,716	54,171,402	97,354,602
Total	54,616,507	85,999,085	155,963,143	226,298,969
Tax advance loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, gross charge-offs, prior	0	0	0	0
Financing receivable, gross charge-offs, four years before	0	0	0	0
Financing receivable, gross charge-offs, three years before	0	0	0	0
Financing receivable, gross charge-offs, two years before	0	0	0	0
Financing receivable, gross charge-offs, one year before	188	263	5,436	19,885
Financing receivable, gross charge-offs, current	118,287	383,534	1,260,035	2,413,550
Total	$ 118,475	$ 383,797	$ 1,265,471	$ 2,433,435

LOANS RECEIVABLE AND ALLOWANC_7

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Roll Forward of the Allowance for Credit Losses on Our Gross Loans Receivable) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 128,892,192	$ 155,892,100	$ 125,552,733	$ 134,242,862
Provision for credit losses	40,631,994	59,608,655	127,697,072	214,051,068
Charge-offs	(54,734,982)	(86,382,882)	(157,228,614)	(228,732,404)
Recoveries	6,292,864	15,421,670	25,060,877	24,978,017
Net charge-offs	(48,442,118)	(70,961,212)	(132,167,737)	(203,754,387)
Ending Balance	$ 121,082,068	$ 144,539,543	$ 121,082,068	$ 144,539,543

LOANS RECEIVABLE AND ALLOWANC_8

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Summary of Past Due Receivables) (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 1,400,621,989	$ 1,390,015,568
Unearned interest, insurance and fees	(5,600,000)	(4,900,000)
Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	7,894	2,562,054
30 - 60 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	88,474,205	81,803,668
30 - 60 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	83,641,505	133,650,188
30 - 60 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	154,272,047	135,396,187
30 - 60 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	212,663,970	244,414,255
30 - 60 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	861,562,368	792,189,216
Recency Basis
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	1,400,621,989	1,390,015,568
Unearned interest, insurance and fees	(372,310,672)	(376,674,349)
Total net loans	$ 1,028,311,317	$ 1,013,341,219
Financing receivable, percent past due	9.10%	8.90%
Recency Basis | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 7,894	$ 2,562,054
Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	88,474,205	81,803,668
Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	83,641,505	133,650,188
Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	154,272,047	135,396,187
Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	212,663,970	244,414,255
Recency Basis | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	861,562,368	792,189,216
Recency Basis | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	1,272,536,903	1,266,693,664
Unearned interest, insurance and fees	(340,464,381)	(343,255,876)
Total net loans	932,072,522	923,437,788
Recency Basis | Current | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	2,294	1,936,131
Recency Basis | Current | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	70,723,005	64,615,314
Recency Basis | Current | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	70,403,444	113,946,833
Recency Basis | Current | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	136,529,566	120,125,821
Recency Basis | Current | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	191,171,843	223,734,062
Recency Basis | Current | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	803,706,751	742,335,503
Recency Basis | 30 - 60 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	46,397,504	46,307,341
Unearned interest, insurance and fees	(9,305,045)	(12,548,627)
Total net loans	$ 37,092,459	$ 33,758,714
Financing receivable, percent past due	3.30%	3.30%
Recency Basis | 30 - 60 days past due | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 2,508	$ 610,580
Recency Basis | 30 - 60 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,258,173	5,451,276
Recency Basis | 30 - 60 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,322,410	6,527,355
Recency Basis | 30 - 60 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	6,306,026	5,336,994
Recency Basis | 30 - 60 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	7,712,458	8,070,011
Recency Basis | 30 - 60 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	22,795,929	20,311,125
Recency Basis | 61 - 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	29,960,280	29,030,081
Unearned interest, insurance and fees	(8,165,777)	(7,866,737)
Total net loans	$ 21,794,503	$ 21,163,344
Financing receivable, percent past due	2.10%	2.10%
Recency Basis | 61 - 90 days past due | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 3,092	$ 4,845
Recency Basis | 61 - 90 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,431,184	4,407,751
Recency Basis | 61 - 90 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	2,974,763	4,655,441
Recency Basis | 61 - 90 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,251,454	3,727,331
Recency Basis | 61 - 90 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,057,386	4,839,000
Recency Basis | 61 - 90 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	13,242,401	11,395,713
Recency Basis | 91 or more days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	51,727,302	47,984,482
Unearned interest, insurance and fees	(14,375,469)	(13,003,109)
Total net loans	$ 37,351,833	$ 34,981,373
Financing receivable, percent past due	3.70%	3.50%
Recency Basis | 91 or more days past due | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 0	$ 10,498
Recency Basis | 91 or more days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	8,061,843	7,329,327
Recency Basis | 91 or more days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,940,888	8,520,559
Recency Basis | 91 or more days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	7,185,001	6,206,041
Recency Basis | 91 or more days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	8,722,283	7,771,182
Recency Basis | 91 or more days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	21,817,287	18,146,875
Recency Basis | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	128,085,086	123,321,904
Unearned interest, insurance and fees	(31,846,291)	(33,418,473)
Total net loans	96,238,795	89,903,431
Recency Basis | Total Past Due | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,600	625,923
Recency Basis | Total Past Due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	17,751,200	17,188,354
Recency Basis | Total Past Due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	13,238,061	19,703,355
Recency Basis | Total Past Due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	17,742,481	15,270,366
Recency Basis | Total Past Due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	21,492,127	20,680,193
Recency Basis | Total Past Due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	57,855,617	49,853,713
Contractual basis
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	1,400,621,989	1,390,015,568
Unearned interest, insurance and fees	(372,310,672)	(376,674,349)
Total net loans	$ 1,028,311,317	$ 1,013,341,219
Financing receivable, percent past due	10.60%	11.40%
Contractual basis | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 7,894	$ 2,562,054
Contractual basis | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	88,474,205	81,803,668
Contractual basis | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	83,641,505	133,650,188
Contractual basis | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	154,272,047	135,396,187
Contractual basis | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	212,663,970	244,414,255
Contractual basis | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	861,562,368	792,189,216
Contractual basis | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	1,252,789,006	1,231,447,389
Unearned interest, insurance and fees	(336,138,470)	(333,704,639)
Total net loans	916,650,536	897,742,750
Contractual basis | Current | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	0	1,932,607
Contractual basis | Current | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	69,745,014	61,850,142
Contractual basis | Current | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	68,600,697	109,694,389
Contractual basis | Current | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	134,132,918	115,711,782
Contractual basis | Current | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	187,676,345	217,821,239
Contractual basis | Current | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	792,634,032	724,437,230
Contractual basis | 30 - 60 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	44,380,218	51,702,239
Unearned interest, insurance and fees	(8,303,761)	(14,010,568)
Total net loans	$ 36,076,457	$ 37,691,671
Financing receivable, percent past due	3.20%	3.70%
Contractual basis | 30 - 60 days past due | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 439	$ 609,844
Contractual basis | 30 - 60 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,057,373	5,320,659
Contractual basis | 30 - 60 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	3,932,710	6,892,610
Contractual basis | 30 - 60 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,933,072	5,721,694
Contractual basis | 30 - 60 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	7,282,389	8,991,995
Contractual basis | 30 - 60 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	22,174,235	24,165,437
Contractual basis | 61 - 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	32,316,308	36,094,628
Unearned interest, insurance and fees	(8,796,156)	(9,781,128)
Total net loans	$ 23,520,152	$ 26,313,500
Financing receivable, percent past due	2.30%	2.60%
Contractual basis | 61 - 90 days past due | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 1,714	$ 0
Contractual basis | 61 - 90 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,433,801	4,864,498
Contractual basis | 61 - 90 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	3,077,743	5,613,468
Contractual basis | 61 - 90 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,509,138	4,499,010
Contractual basis | 61 - 90 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,443,963	6,078,488
Contractual basis | 61 - 90 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	14,849,949	15,039,164
Contractual basis | 91 or more days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	71,136,457	70,771,312
Unearned interest, insurance and fees	(19,072,285)	(19,178,014)
Total net loans	$ 52,064,172	$ 51,593,298
Financing receivable, percent past due	5.10%	5.10%
Contractual basis | 91 or more days past due | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 5,741	$ 19,603
Contractual basis | 91 or more days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	9,238,017	9,768,369
Contractual basis | 91 or more days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	8,030,355	11,449,721
Contractual basis | 91 or more days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	9,696,919	9,463,701
Contractual basis | 91 or more days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	12,261,273	11,522,533
Contractual basis | 91 or more days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	31,904,152	28,547,385
Contractual basis | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	147,832,983	158,568,179
Unearned interest, insurance and fees	(36,172,202)	(42,969,710)
Total net loans	111,660,781	115,598,469
Contractual basis | Total Past Due | Tax advance loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	7,894	629,447
Contractual basis | Total Past Due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	18,729,191	19,953,526
Contractual basis | Total Past Due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	15,040,808	23,955,799
Contractual basis | Total Past Due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	20,139,129	19,684,405
Contractual basis | Total Past Due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	24,987,625	26,593,016
Contractual basis | Total Past Due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 68,928,336	$ 67,751,986

LOANS RECEIVABLE AND ALLOWANC_9

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Receivables [Abstract]
Charge offs	$ 3.7	$ 11.4	$ 16.2	$ 11.4
Proceeds from prior write offs, prior periods	0.8	8.4	5.7	8.4
Proceeds from prior write offs, current period	$ 2.9	$ 3	$ 10.5	$ 3

LOANS RECEIVABLE AND ALLOWAN_10

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Nonaccrual) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2023
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	$ (6,971,318)	$ (9,444,392)	$ (20,348,458)	$ (29,852,859)
Financing receivable, nonaccrual	82,530,036		82,530,036		$ 86,514,188
Interest Income Recognized	2,959,029	3,742,799	9,701,580	11,062,410
Nonaccrual status
Financing Receivable, Nonaccrual [Line Items]
Unearned interest, insurance and fees	(29,880,847)		(29,880,847)		(32,158,640)
Tax advance loans
Financing Receivable, Nonaccrual [Line Items]
Financing receivable, nonaccrual	50,950		50,950		19,603
Interest Income Recognized	0	0	0	0
0 to 5 months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(1,358,755)	(1,813,804)	(3,904,031)	(8,117,103)
Financing receivable, nonaccrual	14,079,793		14,079,793		15,781,494
Interest Income Recognized	197,470	480,947	769,418	1,522,535
6 to 17 months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(777,293)	(1,627,586)	(2,651,226)	(4,605,102)
Financing receivable, nonaccrual	11,853,469		11,853,469		18,288,714
Interest Income Recognized	319,474	450,877	1,168,253	1,216,091
18 to 35 months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(946,820)	(1,285,309)	(2,609,760)	(3,862,834)
Financing receivable, nonaccrual	15,380,814		15,380,814		15,551,806
Interest Income Recognized	396,720	544,689	1,249,102	1,741,780
36 to 59 months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(1,065,935)	(1,365,428)	(3,211,393)	(3,543,651)
Financing receivable, nonaccrual	19,379,244		19,379,244		19,745,397
Interest Income Recognized	547,608	555,085	1,728,965	1,606,466
60+ months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(2,822,515)	(3,352,265)	(7,972,048)	(9,724,169)
Financing receivable, nonaccrual	51,666,613		51,666,613		$ 49,285,814
Interest Income Recognized	$ 1,497,757	$ 1,711,201	$ 4,785,842	$ 4,975,538

LEASES (Narrative) (Details)

LEASES (Narrative) (Details)	Dec. 31, 2023
Minimum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract	3 years
Maximum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract	5 years

LEASES (Lease Cost) (Details)

LEASES (Lease Cost) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Finance lease cost	$ 0	$ 0	$ 0	$ 205,975
Amortization of right-of-use assets	0	0	0	204,552
Interest on lease liabilities	0	0	0	1,423
Operating lease cost	6,163,762	6,746,965	19,000,163	21,013,997
Variable lease cost	888,119	920,991	2,808,845	2,772,620
Total lease cost	7,051,881	7,667,956	21,809,008	23,992,592
Cash paid for amounts included in the measurement of lease liabilities	6,265,527	6,550,184	18,965,468	19,998,398
Operating cash flows from finance leases	0	0	0	1,423
Operating cash flows from operating leases	6,265,527	6,550,184	18,965,468	19,916,908
Financing cash flows from finance leases	0	0	0	80,067
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 4,568,169	$ 3,447,091	$ 13,560,648	$ 13,912,470
Weighted average remaining lease term — operating leases	6 years 10 months 24 days	7 years 1 month 6 days	6 years 10 months 24 days	7 years 1 month 6 days
Weighted-average discount rate — finance leases	0%	0%	0%	0%
Weighted-average discount rate — operating leases	6.30%	6.10%	6.30%	6.10%

LEASES (Aggregate Annual Lease

LEASES (Aggregate Annual Lease Obligations) (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Operating Leases
Remainder of 2024	$ 6,054,892
2025	21,532,117
2026	18,010,788
2027	13,832,252
2028	11,124,461
Thereafter	31,854,653
Total undiscounted lease liability	102,409,163
Imputed interest	19,938,057
Total discounted lease liability	$ 82,471,106	$ 83,735,002

AVERAGE SHARE INFORMATION (Deta

AVERAGE SHARE INFORMATION (Details) - shares	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Basic:
Weighted average common shares outstanding (in shares)	5,772,503	5,761,954	5,775,108	5,743,094
Diluted:
Weighted average common shares outstanding (in shares)	5,772,503	5,761,954	5,775,108	5,743,094
Dilutive potential common shares (in shares)	87,614	95,536	121,608	0
Weighted average diluted shares outstanding (in shares)	5,860,117	5,857,490	5,896,716	5,743,094
Anti-dilutive shares (in shares)	291,826	332,275	299,904	338,154

STOCK-BASED COMPENSATION (Narra

STOCK-BASED COMPENSATION (Narrative) (Details)	3 Months Ended				9 Months Ended
	Dec. 31, 2023 USD ($) installment $ / shares shares	Sep. 30, 2023 USD ($)	Jun. 30, 2023 $ / shares shares	Dec. 31, 2022 USD ($) $ / shares	Dec. 31, 2023 USD ($) installment $ / shares shares	Dec. 31, 2022 USD ($) $ / shares	Mar. 31, 2023 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (in shares) | shares	165,196				165,196
Vesting percentage					100%
Weighted-average fair value at the grant date (in dollars per share) | $ / shares	$ 68.52			$ 44.23	$ 69	$ 53.51
Stock-based compensation (reversal) related to equity classified awards					$ (2,396,197)	$ 7,382,313
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of authorized common stock reserved for issuance (in shares) | shares	3,350,000				3,350,000
Options outstanding (in shares) | shares	280,784				280,784		314,742
Total unrecognized stock-based compensation expense related to non-vested stock options	$ 600,000				$ 600,000
Weighted average period for recognition					1 year 3 months 18 days
Stock-based compensation (reversal) related to equity classified awards	$ 189,582			$ 425,120	$ (3,871,348)	1,869,879
Employee Stock Option | Scenario 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares) | shares	43,862				43,862
Employee Stock Option | Scenario 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares) | shares	108,865				108,865
Employee Stock Option | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period					3 years
Employee Stock Option | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option, expiration period					10 years
Vesting period					6 years
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of installments | installment	6				6
Awards granted (in shares) | shares			3,250		3,993
Grant date fair value (in dollars per share) | $ / shares			$ 129.85		$ 120.12
Unvested restricted stock awards	$ 1,900,000				$ 1,900,000
Stock based compensation expense (reversal)	(700,000)			(2,100,000)
Forfeiture credit	1,400,000			2,800,000
Stock-based compensation (reversal) related to equity classified awards	$ (690,699)			$ (679,443)	$ 1,475,151	$ 5,512,434
Service Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period					10 years
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period					10 years
Weighted average period for recognition					10 months 24 days
Stock based compensation expense (reversal)		$ 4,900,000

STOCK-BASED COMPENSATION (Share

STOCK-BASED COMPENSATION (Share and Options Performance Targets) (Details)	9 Months Ended
	Dec. 31, 2023 $ / shares
Target 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EPS target (in dollars per share)	$ 16.35
Vesting percentage	40%
Target 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EPS target (in dollars per share)	$ 20.45
Vesting percentage	60%
Target 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EPS target (in dollars per share)	$ 25.30
Vesting percentage	100%

STOCK-BASED COMPENSATION (Grant

STOCK-BASED COMPENSATION (Grants Date Using The Weighted-Average Assumptions) (Details)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Dividend yield	0%	0%	0%	0%
Expected volatility	62.54%	57.46%	62.55%	57.09%
Average risk-free rate	4.70%	3.91%	4.69%	3.59%
Expected life	4 years 7 months 6 days	5 years 9 months 18 days	4 years 7 months 6 days	5 years 9 months 18 days

STOCK-BASED COMPENSATION (Stock

STOCK-BASED COMPENSATION (Stock Option Activity and Intrinsic Value) (Details) - Stock Options Plans - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Options Activity [Roll Forward]
Options outstanding, beginning of year (in shares)			314,742
Granted (in shares)			2,598
Exercised (in shares)			(22,847)
Forfeited (in shares)			(11,027)
Expired (in shares)			(2,682)
Options outstanding, end of period (in shares)	280,784		280,784
Options exercisable, end of period (in shares)	128,057		128,057
Weighted Average Exercise Price
Options outstanding, beginning of year (in dollars per share)			$ 104.41
Granted (in dollars per share)			124.67
Exercised (in dollars per share)			88.34
Forfeited (in dollars per share)			122.25
Expired (in dollars per share)			162.17
Options outstanding, end of period (in dollars per share)	$ 104.66		104.66
Options exercisable, end of period (in dollars per share)	$ 105.11		$ 105.11
Stock Option Activity Additional Disclosures [Abstract]
Weighted-average remaining contractual term, options outstanding, end of period			5 years 2 months 12 days
Weighted-average remaining contractual terms, options exercisable, end of period			5 years 1 month 6 days
Aggregate intrinsic value, options outstanding, end of period	$ 8,250,477		$ 8,250,477
Aggregate intrinsic value, options exercisable, end of period	3,919,056		3,919,056
Intrinsic value of options exercised	$ 369,543	$ 51,106	$ 810,853	$ 481,572

STOCK-BASED COMPENSATION (Compa

STOCK-BASED COMPENSATION (Company Restricted Stock and Total Stock-Based Compensation) (Details) - USD ($)	3 Months Ended			9 Months Ended
	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Weighted Average Fair Value at Grant Date
Stock-based compensation (reversal) related to equity classified awards				$ (2,396,197)	$ 7,382,313
Restricted Stock
Shares
Outstanding at beginning of year (in shares)		460,614		460,614
Granted during the period (in shares)		3,250		3,993
Vested during the period (in shares)				(62,983)
Forfeited during the period (in shares)				(13,047)
Outstanding at end of period (in shares)	388,577			388,577
Weighted Average Fair Value at Grant Date
Outstanding at beginning period (in dollars per share)		$ 101.82		$ 101.82
Granted during the period (in shares)		$ 129.85		120.12
Vested during the period (in dollars per share)				103.85
Forfeited during the period (in dollars per share)				116.56
Outstanding at ending period (in dollars per share)	$ 101.18			$ 101.18
Stock-based compensation (reversal) related to equity classified awards	$ (690,699)		$ (679,443)	$ 1,475,151	5,512,434
Stock Options Plans
Weighted Average Fair Value at Grant Date
Stock-based compensation (reversal) related to equity classified awards	189,582		425,120	(3,871,348)	1,869,879
Equity Securities
Weighted Average Fair Value at Grant Date
Stock-based compensation (reversal) related to equity classified awards	$ (501,117)		$ (254,323)	$ (2,396,197)	$ 7,382,313

ACQUISITIONS (Details)

ACQUISITIONS (Details)	Dec. 31, 2023 USD ($) acquisition	Dec. 31, 2022 USD ($) acquisition
Business Acquisition [Line Items]
Number of loan portfolios acquired through asset purchases | acquisition	0	43
Total acquisitions | acquisition	0	43
Loans receivable, net	$ 0	$ 27,105,078
Purchase price amount below carrying value of net tangible assets	0	(4,790,176)
Series of Individually Immaterial Business Acquisitions
Business Acquisition [Line Items]
Purchase price	$ 0	$ 22,314,902

ACQUISITIONS (Narrative) (Detai

ACQUISITIONS (Narrative) (Details) - USD ($)	6 Months Ended	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Gain on acquisition, net of income tax		$ 0	$ 3,708,344
Income tax related to asset acquisition	$ 1,100,000
Insurance And Other Income, Net
Business Acquisition [Line Items]
Gain on acquisition, net of income tax	$ 4,800,000

DEBT (Narrative) (Details)

DEBT (Narrative) (Details)		3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 27, 2021 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Mar. 31, 2023 USD ($)	Nov. 09, 2023 USD ($)
Line of Credit Facility [Line Items]
Letters of credit outstanding, amount		$ 524,000	$ 524,000
Gain on extinguishment of senior unsecured notes payable			1,162,581	$ 0
Senior Notes Due 2026 | Senior notes
Line of Credit Facility [Line Items]
Interest rate, percentage	7%
Aggregate principal amount	$ 300,000,000
Redemption price, percentage of equity offerings	40%
Repurchased and extinguished amount of debt			8,250,000		$ 9,100,000
Debt issuance costs		88,100	88,100		100,000
Reacquisition price		7,000,000	7,000,000		$ 7,200,000
Gain on extinguishment of senior unsecured notes payable		600,000	1,200,000
Senior Notes Due 2026 | Senior notes | Period One
Line of Credit Facility [Line Items]
Redemption price percent	100%
Senior Notes Due 2026 | Senior notes | Period Two
Line of Credit Facility [Line Items]
Redemption price percent	107%
Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity		580,000,000	580,000,000
Accordion feature		730,000,000	730,000,000
Amount outstanding		$ 305,100,000	$ 305,100,000
Extension period			1 year
Interest rate, percentage		3.50%	3.50%
Commitment fee percentage			0.50%
Unused borrowing capacity, fee			$ 1,300,000	$ 900,000
Interest rate, effective percentage		9.80%	9.80%		7%
Unused amount available		$ 274,400,000	$ 274,400,000
Debt covenants minimum net worth			$ 325,000,000
Fixed conversion ratio			2
Expiration period			60 days
Revolving Credit Facility | Scenario 1
Line of Credit Facility [Line Items]
Debt covenant, maximum ratio of total debt			2.5
Debt covenant, maximum collateral performance indicator percentage			26%
Fixed conversion ratio			1.25
Revolving Credit Facility | Scenario 2
Line of Credit Facility [Line Items]
Debt covenant, maximum ratio of total debt			2.25
Debt covenant, maximum collateral performance indicator percentage			28%
Fixed conversion ratio			1.15
Revolving Credit Facility | Scenario 3
Line of Credit Facility [Line Items]
Debt covenant, maximum ratio of total debt			2
Fixed conversion ratio			1.50
Revolving Credit Facility | Scenario4
Line of Credit Facility [Line Items]
Debt covenant, maximum ratio of total debt			2.25
Fixed conversion ratio			2
Revolving Credit Facility | Scenario 5
Line of Credit Facility [Line Items]
Fixed conversion ratio			2.25
Revolving Credit Facility | Minimum
Line of Credit Facility [Line Items]
Interest rate, percentage		4.50%	4.50%
Revolving Credit Facility | SOFR
Line of Credit Facility [Line Items]
Basis spread on variable rate (in hundredths)			0.10%
Revolving Credit Facility | Eleventh Amendment
Line of Credit Facility [Line Items]
Maximum borrowing capacity						$ 20,000,000
Net income available for fixed charges to fixed charges						2
Revolving Credit Facility | Sub-Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 1,500,000	$ 1,500,000

DEBT (Debt Maturities) (Details

DEBT (Debt Maturities) (Details)	Dec. 31, 2023 USD ($)
Debt Disclosure [Abstract]
Remainder of 2024	$ 0
2025	0
2026	0
2027	587,699,480
2028	0
Total future debt payments	$ 587,699,480

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2023
Income Tax Contingency [Line Items]
Total gross unrecognized tax benefits including interest	$ 1,000,000		$ 1,000,000		$ 1,100,000
Unrecognized tax benefits	800,000		800,000		900,000
Gross unrecognized tax benefits, limitations and settlement with taxing authorities	400,000		400,000
Accrued gross interest	296,800		296,800
Gross interest expense			3,900
Historic Tax Credit Investment
Income Tax Contingency [Line Items]
Equity method investment	19,400,000		19,400,000		$ 23,000,000
Historic tax credit investments amortization	1,200,000	$ 400,000	3,200,000	$ 1,700,000
Tax benefits from these investments	$ 1,200,000	$ 500,000	$ 3,600,000	$ 1,500,000