World Acceptance (WRLD) 10-Q 8 Aug 24 2024 Q1 Quarterly report Financial data

COVER

COVER - shares	3 Months Ended
	Jun. 30, 2024	Aug. 05, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
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		5,854,598
Entity Central Index Key	0000108385
Current Fiscal Year End Date	--03-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2024	Mar. 31, 2024
ASSETS
Cash and cash equivalents	$ 11,119,138	$ 11,839,460
Gross loans receivable	1,274,819,257	1,277,149,256
Less:
Unearned interest, insurance and fees	(330,334,164)	(326,746,136)
Allowance for credit losses	(109,643,363)	(102,962,811)
Loans receivable, net	834,841,730	847,440,309
Income taxes receivable	3,950,606	3,091,229
Operating lease right‐of‐use assets, net	80,865,970	79,501,238
Property and equipment, net	22,199,110	22,897,197
Deferred income taxes, net	32,425,138	30,942,844
Other assets, net	45,599,564	42,198,242
Goodwill	7,370,791	7,370,791
Intangible assets, net	10,063,983	11,069,733
Total assets	1,048,436,030	1,056,351,043
Liabilities:
Senior notes payable	241,727,745	223,419,132
Senior unsecured notes payable, net	251,013,681	272,609,632
Operating lease liability	83,136,404	81,920,865
Accounts payable and accrued expenses	49,947,032	53,974,198
Total liabilities	625,824,862	631,923,827
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 5,847,398 and 5,938,665 shares at June 30, 2024 and March 31, 2024, respectively	0	0
Additional paid-in capital	285,924,247	286,432,952
Retained earnings	136,686,921	137,994,264
Total shareholders' equity	422,611,168	424,427,216
Total liabilities and shareholders' equity	$ 1,048,436,030	$ 1,056,351,043

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2024	Mar. 31, 2024
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)	5,847,398	5,938,665
Common stock, shares outstanding (in shares)	5,847,398	5,938,665

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Revenues:
Interest and fee income	$ 111,161,086	$ 116,618,914
Insurance and other income, net	18,366,180	22,704,877
Total revenues	129,527,266	139,323,791
Expenses:
Provision for credit losses	45,419,007	46,602,012
General and administrative expenses:
Personnel	36,976,186	41,792,087
Occupancy and equipment	12,163,775	12,619,740
Advertising	1,656,279	2,749,544
Amortization of intangible assets	1,005,750	1,069,316
Other	9,610,334	9,894,517
Total general and administrative expenses	61,412,324	68,125,204
Interest expense	9,768,771	12,242,249
Total expenses	116,600,102	126,969,465
Income before income taxes	12,927,164	12,354,326
Income tax expense	2,979,737	2,815,578
Net income	$ 9,947,427	$ 9,538,748
Net income per common share:
Basic (in dollars per share)	$ 1.82	$ 1.65
Diluted (in dollars per share)	$ 1.79	$ 1.62
Weighted average common shares outstanding:
Basic (in shares)	5,480,205	5,772,733
Diluted (in shares)	5,567,818	5,891,299

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)	Total	Common Stock	Additional Paid-in Capital	Retained Earnings
Beginning balance (in shares) at Mar. 31, 2023		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)		7,540
Proceeds from exercise of stock options	709,294		709,294
Stock-based compensation (reversal) related to restricted stock, net of cancellations (in shares)		1,875
Stock-based compensation (reversal) related to restricted stock, net of cancellations	1,099,351		1,099,351
Stock-based compensation related to stock options	313,347		313,347
Net income (loss)	9,538,748			9,538,748
Ending balance (in shares) at Jun. 30, 2023		6,240,497
Ending balances at Jun. 30, 2023	$ 396,887,477		290,193,831	106,693,646
Beginning balance (in shares) at Mar. 31, 2024	5,938,665	5,938,665
Beginning balances at Mar. 31, 2024	$ 424,427,216		286,432,952	137,994,264
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)		7,011
Proceeds from exercise of stock options	686,382		686,382
Common stock repurchases (in shares)		(79,324)
Common stock repurchases	(11,254,770)			(11,254,770)
Stock-based compensation (reversal) related to restricted stock, net of cancellations (in shares)		(18,954)
Stock-based compensation (reversal) related to restricted stock, net of cancellations	(1,338,807)		(1,338,807)
Stock-based compensation related to stock options	143,720		143,720
Net income (loss)	$ 9,947,427			9,947,427
Ending balance (in shares) at Jun. 30, 2024	5,847,398	5,847,398
Ending balances at Jun. 30, 2024	$ 422,611,168		$ 285,924,247	$ 136,686,921

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - USD ($)	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Statement of Stockholders' Equity [Abstract]
Issuance of restricted common stock under stock option plan	$ 131,242	$ 0

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flow from operating activities:
Net income	$ 9,947,427	$ 9,538,748
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangible assets	1,005,750	1,069,316
Accrued unearned interest	(1,225,006)	(879,946)
Amortization of deferred loan cost	3,351,475	3,198,092
Gain on extinguishment of senior unsecured notes payable	(841,902)	(435,885)
Amortization of debt issuance costs	347,904	484,571
Provision for credit losses	45,419,007	46,602,012
Depreciation	1,643,118	1,574,515
Gain on sale of property and equipment	(22,972)	(11,753)
Deferred income tax expense (benefit)	(1,482,294)	(1,549,589)
Stock-based compensation (reversal) related to equity classified awards	(1,063,845)	1,412,698
Change in accounts:
Other assets, net	(3,675,104)	2,114,620
Income taxes receivable	(859,377)	1,279,411
Accounts payable and accrued expenses	(4,133,254)	(4,670,611)
Net cash provided by operating activities	48,410,927	59,726,199
Cash flows from investing activities:
Increase in loans receivable, net	(34,946,897)	(49,788,091)
Purchases of property and equipment	(1,083,641)	(1,658,199)
Proceeds from the sale of property and equipment	161,582	165,453
Net cash used in investing activities	(35,868,956)	(51,280,837)
Cash flow from financing activities:
Borrowings from senior notes payable	94,138,260	65,529,224
Payments on senior notes payable	(75,829,647)	(73,664,017)
Payments for extinguished senior unsecured notes payable	(20,962,500)	(1,535,000)
Payments for debt extinguishment costs	(12,500)	(5,000)
Debt issuance costs associated with senior notes payable	(2,364)	0
Proceeds from exercise of stock options	686,382	709,294
Payments for taxes related to net share settlement of equity awards	(131,242)	0
Repurchase of common stock	(11,148,682)	0
Net cash used in financing activities	(13,262,293)	(8,965,499)
Net change in cash and cash equivalents	(720,322)	(520,137)
Cash and cash equivalents at beginning of period	11,839,460	16,508,935
Cash and cash equivalents at end of period	11,119,138	15,988,798
Supplemental Disclosures:
Interest paid during the period	15,255,371	17,301,329
Income taxes paid during the period	954,509	2,466,889
Non-cash excise tax on stock repurchases	$ 106,088	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The consolidated financial statements of the Company at June 30, 2024 and 2023 and for the three 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 June 30, 2024, and the results of operations and cash flows for the periods ended June 30, 2024 and 2023, 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	3 Months Ended
	Jun. 30, 2024
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 $5.5 million and $5.0 million as of June 30, 2024 and March 31, 2024, respectively. From time to time, the Company will sell charged off loans receivable, which are accounted for as a sale in accordance with ASC 860, Transfers and Servicing . See Note 4 to the Consolidated Financial Statements for further information. Allowance for credit losses Refer to Note 4 to the Consolidated Financial Statements for information regarding the Company's CECL allowance model and a description of the policies and methodology utilized. Reclassification From time to time, prior period amounts will be reclassified to conform to the current presentation. Such reclassifications have no impact on previously reported net income or shareholders' equity. 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	3 Months Ended
	Jun. 30, 2024
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, the senior notes payable, and the senior unsecured notes payable. Loans receivable are originated at prevailing market rates and have an average life of up to 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. June 30, 2024 March 31, 2024 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Cash and cash equivalents 1 $ 11,119,138 $ 11,119,138 $ 11,839,460 $ 11,839,460 Loans receivable, net 3 834,841,730 834,841,730 847,440,309 847,440,309 LIABILITIES Senior unsecured notes payable 2 251,013,681 239,251,180 272,609,632 254,208,482 Senior notes payable 3 241,727,745 241,727,745 223,419,132 223,419,132 There were no significant assets or liabilities measured at fair value on a non-recurring basis as of June 30, 2024 or March 31, 2024.

LOANS RECEIVABLE AND ALLOWANCE

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES	3 Months Ended
	Jun. 30, 2024
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 June 30, 2024 March 31, 2024 0 to 5 months $ 67,870,166 $ 73,699,568 6 to 17 months 74,677,636 69,616,739 18 to 35 months 140,903,386 140,340,728 36 to 59 months 164,922,673 181,399,293 60+ months 821,331,631 799,703,920 TALs 5,113,765 12,389,008 Total gross loans $ 1,274,819,257 $ 1,277,149,256 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. 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. All loans, except for TALs, 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. The weighted average Rehab Rate at June 30, 2024 and March 31, 2024 was 5.0% and 4.9%, respectively. A loan is charged off within the allowance for credit losses in the month following when an account reaches 120 days past due on a recency basis, subject to certain exceptions. Specifically, the Company’s customer accounts in a confirmed bankruptcy are charged off in the month after they reach 60 days past due on a recency basis. The accounts of deceased or incarcerated customers are also charged off in the month after they reach 60 days past due on a recency basis, with the exception of deceased customers with credit life insurance. Subsequent recoveries of amounts charged off, if any, are credited to the allowance. 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 June 30, 2024: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,090,434,963 $ 62,146,428 $ 6,122,255 $ 138,949 $ 7,803 $ 11,419 $ 1,158,861,817 30 - 60 days past due 37,896,134 5,117,469 825,854 41,768 7,045 1,029 43,889,299 61 - 90 days past due 23,424,741 3,585,432 381,438 10,974 — — 27,402,585 91 or more days past due 32,505,250 6,353,303 657,114 26,165 6,139 3,820 39,551,791 Total $ 1,184,261,088 $ 77,202,632 $ 7,986,661 $ 217,856 $ 20,987 $ 16,268 $ 1,269,705,492 Term Loans By Origination TALs Up to Between Between Between Between More than Total Current $ 577,952 $ 1,500 $ — $ — $ — $ — $ 579,452 30 - 60 days past due 411,505 — — — — — 411,505 61 - 90 days past due 585,227 — — — — — 585,227 91 or more days past due 3,537,326 255 — — — — 3,537,581 Total $ 5,112,010 $ 1,755 $ — $ — $ — $ — $ 5,113,765 Total gross loans $ 1,274,819,257 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, 2024: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,094,896,350 $ 61,853,967 $ 4,807,924 $ 109,050 $ 25,850 $ 1,371 $ 1,161,694,512 30 - 60 days past due 34,034,537 4,600,615 610,649 10,856 14,076 5,429 39,276,162 61 - 90 days past due 21,874,701 2,154,561 200,117 17,493 204 — 24,247,076 91 or more days past due 34,560,868 4,600,040 364,386 6,151 5,617 5,436 39,542,498 Total $ 1,185,366,456 $ 73,209,183 $ 5,983,076 $ 143,550 $ 45,747 $ 12,236 $ 1,264,760,248 Term Loans By Origination TALs Up to Between Between Between Between More than Total Current $ 7,441,660 $ 860 $ — $ — $ — $ — $ 7,442,520 30 - 60 days past due 4,942,757 788 — — — — 4,943,545 61 - 90 days past due — 1,650 — — — — 1,650 91 or more days past due — 1,293 — — — — 1,293 Total $ 12,384,417 $ 4,591 $ — $ — $ — $ — $ 12,389,008 Total gross loans $ 1,277,149,256 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 June 30, 2024: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,077,923,932 $ 55,336,446 $ 4,790,145 $ 77,468 $ — $ 5,408 $ 1,138,133,399 30 - 60 days past due 40,161,675 4,322,214 409,589 7,360 516 — 44,901,354 61 - 90 days past due 26,639,089 3,965,283 338,414 4,964 708 — 30,948,458 91 or more days past due 39,536,390 13,578,690 2,448,514 128,064 19,763 10,860 55,722,281 Total $ 1,184,261,086 $ 77,202,633 $ 7,986,662 $ 217,856 $ 20,987 $ 16,268 $ 1,269,705,492 Term Loans By Origination TALs Up to Between Between Between Between More than Total Current $ 471,939 $ — $ — $ — $ — $ — $ 471,939 30 - 60 days past due 410,053 — — — — — 410,053 61 - 90 days past due 629,413 — — — — — 629,413 91 or more days past due 3,600,605 1,755 — — — — 3,602,360 Total $ 5,112,010 $ 1,755 $ — $ — $ — $ — $ 5,113,765 Total gross loans $ 1,274,819,257 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, 2024: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,079,720,968 $ 54,770,231 $ 3,681,104 $ 39,921 $ 10,484 $ 1,371 $ 1,138,224,079 30 - 60 days past due 37,475,784 3,388,380 288,576 1,064 — — 41,153,804 61 - 90 days past due 26,191,269 2,903,253 208,172 3,430 204 — 29,306,328 91 or more days past due 41,978,436 12,147,320 1,805,223 99,134 35,059 10,865 56,076,037 Total $ 1,185,366,457 $ 73,209,184 $ 5,983,075 $ 143,549 $ 45,747 $ 12,236 $ 1,264,760,248 Term Loans By Origination TALs Up to Between Between Between Between More than Total Current $ 7,441,661 $ — $ — $ — $ — $ — $ 7,441,661 30 - 60 days past due 4,942,757 — — — — — 4,942,757 61 - 90 days past due — — — — — — — 91 or more days past due — 4,590 — — — — 4,590 Total $ 12,384,418 $ 4,590 $ — $ — $ — $ — $ 12,389,008 Total gross loans $ 1,277,149,256 The following table provides a breakdown of the Company’s gross charge-offs by year of origination for the three months ended June 30, 2024: Three months ended June 30, Gross Charge-offs by Origination Origination Year Loans TALs Total 2020 and prior $ 20,281 $ — $ 20,281 2021 11,268 — 11,268 2022 322,944 — 322,944 2023 4,275,700 — 4,275,700 2024 39,206,136 53,125 39,259,261 2025 — — — Total $ 43,836,329 $ 53,125 $ 43,889,454 The following table provides a breakdown of the Company’s gross charge-offs by year of origination for the three months ended June 30, 2023: Three months ended June 30, Gross Charge-offs by Origination Origination Year Loans TALs Total 2019 and prior $ 6,706 $ — $ 6,706 2020 24,375 — 24,375 2021 153,427 — 153,427 2022 5,416,692 4,388 5,421,080 2023 45,113,128 3,238 45,116,366 2024 1,088 — 1,088 Total $ 50,715,416 $ 7,626 $ 50,723,042 The allowance for credit losses is applied to amortized cost, which is defined as the amount at which a financing receivable is originated, and net of deferred fees and costs, collection of cash, and charge-offs. Amortized cost also includes interest earned but not collected. Credit risk is inherent in the business of extending loans to borrowers and is continuously monitored by management and reflected within the allowance for credit losses for loans. The allowance for credit losses is an estimate of expected losses inherent within the Company’s gross loans receivable portfolio. In estimating the allowance for credit losses, loans with similar risk characteristics are aggregated into pools and collectively assessed. The Company’s loan products have generally the same terms therefore the Company looks to borrower characteristics as a way to disaggregate loans into pools sharing similar risks. In determining the allowance for credit losses, the Company examined four borrower risk metrics as noted below. 1. Borrower type 2. Active months 3. Prior loan performance 4. Customer Tenure To determine how well each metric predicts default risk the Company used loss rate data over an observation period of twelve months at the loan level. The information value was then calculated for each metric. From this analysis management determined the metric that had the strongest predictor of default risk was Customer Tenure. The Customer Tenure buckets used in the allowance for credit loss calculation are: 1. 0 to 5 months 2. 6 to 17 months 3. 18 to 35 months 4. 36 to 59 months 5. 60+ months Management will continue to monitor this credit metric on a quarterly basis. Management estimates an allowance for each Customer Tenure bucket by performing a historical migration analysis of loans in that bucket for the twelve most recent historical twelve-month migration periods. 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, percent of loan balances that are paying and percentage of gross loans that are acquired loans. 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 increase in the allowance for credit losses from March 31, 2024 to June 30, 2024 was primarily due to a seasonally driven increase in expected loss rates. Due to the short term nature of the loan portfolio, forecasted changes in macroeconomic variables such as unemployment levels, general inflation and commodity prices, typically do not have a significant impact on loans outstanding at the end of a particular reporting period, unless those changes are particularly severe and sudden in nature. 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 a change is determined necessary, then the Company has elected to immediately revert back to historical experience past the forecast period. As of June 30, 2024 and March 31, 2024, there were no conditions or other factors considered significant enough to warrant a forecast adjustment. The following table presents a roll forward of the allowance for credit losses for the three months ended June 30, 2024 and 2023: Three months ended June 30, 2024 2023 Beginning balance $ 102,962,811 $ 125,552,733 Provision for credit losses 45,419,007 46,602,012 Charge-offs (43,889,454) (50,723,042) Recoveries 1 5,150,999 7,911,285 Net charge-offs (38,738,455) (42,811,757) Ending Balance $ 109,643,363 $ 129,342,988 The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at June 30, 2024: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 52,065,068 $ 4,832,188 $ 3,931,350 $ 7,041,560 $ 15,805,098 $ 67,870,166 6 to 17 months 64,749,046 3,815,767 2,490,382 3,622,441 9,928,590 74,677,636 18 to 35 months 125,777,090 6,039,975 3,769,672 5,316,649 15,126,296 140,903,386 36 to 59 months 147,849,164 6,781,282 4,284,121 6,008,106 17,073,509 164,922,673 60+ months 768,421,449 22,420,087 12,927,060 17,563,035 52,910,182 821,331,631 TALs 579,452 411,505 585,227 3,537,581 4,534,313 5,113,765 Total gross loans 1,159,441,269 44,300,804 27,987,812 43,089,372 115,377,988 1,274,819,257 Unearned interest, insurance and fees (304,015,610) (8,472,795) (7,303,512) (10,542,247) (26,318,554) (330,334,164) Total net loans $ 855,425,659 $ 35,828,009 $ 20,684,300 $ 32,547,125 $ 89,059,434 $ 944,485,093 Percentage of period-end gross loans receivable 3.5% 2.2% 3.4% 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, 2024: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 56,802,704 $ 4,720,149 $ 4,496,518 $ 7,680,197 $ 16,896,864 $ 73,699,568 6 to 17 months 60,634,735 3,155,423 2,075,608 3,750,973 8,982,004 69,616,739 18 to 35 months 126,843,010 5,057,256 3,224,662 5,215,800 13,497,718 140,340,728 36 to 59 months 165,694,013 6,159,335 3,519,743 6,026,202 15,705,280 181,399,293 60+ months 751,720,050 20,183,999 10,930,545 16,869,326 47,983,870 799,703,920 TALs 7,442,520 4,943,545 1,650 1,293 4,946,488 12,389,008 Total gross loans 1,169,137,032 44,219,707 24,248,726 39,543,791 108,012,224 1,277,149,256 Unearned interest, insurance and fees (301,616,958) (7,677,494) (6,674,554) (10,777,130) (25,129,178) (326,746,136) Total net loans $ 867,520,074 $ 36,542,213 $ 17,574,172 $ 28,766,661 $ 82,883,046 $ 950,403,120 Percentage of period-end gross loans receivable 3.5 % 1.9 % 3.1 % 8.5 % The following table is an aging analysis on a contractual basis at amortized cost of the Company’s gross loans receivable at June 30, 2024: Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 51,122,298 $ 4,732,439 $ 4,009,253 $ 8,006,176 $ 16,747,868 $ 67,870,166 6 to 17 months 63,479,851 3,661,347 2,576,331 4,960,107 11,197,785 74,677,636 18 to 35 months 123,326,453 5,922,236 4,213,315 7,441,382 17,576,933 140,903,386 36 to 59 months 144,424,256 6,833,482 4,884,425 8,780,510 20,498,417 164,922,673 60+ months 755,780,541 23,751,850 15,265,134 26,534,106 65,551,090 821,331,631 TALs 471,939 410,053 629,413 3,602,360 4,641,826 5,113,765 Total gross loans 1,138,605,338 45,311,407 31,577,871 59,324,641 136,213,919 1,274,819,257 Unearned interest, insurance and fees (299,657,876) (8,160,681) (8,204,664) (14,310,943) (30,676,288) (330,334,164) Total net loans $ 838,947,462 $ 37,150,726 $ 23,373,207 $ 45,013,698 $ 105,537,631 $ 944,485,093 Percentage of period-end gross loans receivable 3.6% 2.5% 4.7% 10.8 % The following table is an aging analysis on a contractual basis at amortized cost of the Company’s gross loans receivable at March 31, 2024: Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 55,572,691 $ 4,645,860 $ 4,784,273 $ 8,696,744 $ 18,126,877 $ 73,699,568 6 to 17 months 58,920,283 2,990,455 2,364,202 5,341,799 10,696,456 69,616,739 18 to 35 months 123,878,546 5,246,778 3,813,284 7,402,120 16,462,182 140,340,728 36 to 59 months 161,614,270 6,388,791 4,435,367 8,960,865 19,785,023 181,399,293 60+ months 738,238,289 21,881,920 13,909,202 25,674,509 61,465,631 799,703,920 TALs 7,441,661 4,942,757 — 4,590 4,947,347 12,389,008 Total gross loans 1,145,665,740 46,096,561 29,306,328 56,080,627 131,483,516 1,277,149,256 Unearned interest, insurance and fees (296,584,056) (7,544,366) (7,936,622) (14,681,092) (30,162,080) (326,746,136) Total net loans $ 849,081,684 $ 38,552,195 $ 21,369,706 $ 41,399,535 $ 101,321,436 $ 950,403,120 Percentage of period-end gross loans receivable 3.6 % 2.3 % 4.4 % 10.3 % 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 income 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 months ended June 30, 2024 and 2023: Three months ended June 30, 2024 2023 Customer Tenure 0 to 5 months $ (1,147,060) $ (1,147,128) 6 to 17 months (767,769) (717,671) 18 to 35 months (870,532) (1,007,900) 36 to 59 months (591,258) (963,733) 60+ months (2,687,769) (2,462,048) Total $ (6,064,388) $ (6,298,480) 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 months ended June 30, 2024 and 2023: Nonaccrual Loans Receivable Customer Tenure As of June 30, 2024 As of March 31, 2024 Interest Income Recognized for the three months ended June 30, 2024 Interest Income Recognized for the three months ended June 30, 2023 0 to 5 months $ 12,338,965 $ 13,971,062 $ 198,802 $ 326,773 6 to 17 months 7,968,045 8,507,503 235,464 476,870 18 to 35 months 12,524,214 12,569,729 361,284 464,668 36 to 59 months 14,837,127 15,250,596 471,665 609,507 60+ months 45,787,207 45,091,589 1,462,925 1,737,871 Unearned interest, insurance and fees (24,313,956) (24,643,778) — — Total $ 69,141,602 $ 70,746,701 $ 2,730,140 $ 3,615,689 As of June 30, 2024 and March 31, 2024, 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	3 Months Ended
	Jun. 30, 2024
Leases [Abstract]
LEASES	LEASES Accounting Policies and Matters Requiring Management's Judgment The Company uses its senior notes payable's effective annual interest rate to determine the discount rate when evaluating leases under Topic 842. Specifically, Management applies its senior notes payable's effective annual interest rate at the end of the prior fiscal year to leases entered into in the following year. For example, the senior notes payable's annual effective interest rate of 9.9% at March 31, 2024 was used as the discount rate when determining the lease type and the present value of lease payments for leases entered into in fiscal 2025. Based on its historical practice, the Company believes it is reasonably certain to exercise a given option associated with a given office space lease. Therefore, the Company classifies all lease options for office space as “reasonably certain” unless it has specific knowledge to the contrary for a given lease. The Company does not believe it is reasonably certain to exercise any options associated with its office equipment leases. Periodic Disclosures The Company's operating leases consist of real estate leases for office space as well as office equipment. Both the branch real estate and office equipment lease terms generally range from three years to five years, and generally contain options to extend which mirror the original terms of the lease. As of June 30, 2024 and 2023, the Company had no finance leases. The following table reports information about the Company's lease cost for the three months ended June 30, 2024 and 2023: Three months ended June 30, 2024 2023 Lease Cost Operating lease cost $ 6,179,179 $ 6,141,171 Variable lease cost $ 1,088,833 $ 1,030,675 Total lease cost $ 7,268,012 $ 7,171,846 The following table reports other information about the Company's leases for the three months ended June 30, 2024 and 2023: Three months ended June 30, 2024 2023 Other Lease Information Operating cash flows for amounts included in the measurement of lease liabilities — operating leases $ 6,288,260 $ 6,324,218 Right-of-use assets obtained in exchange for new operating lease liabilities $ 5,876,619 $ 3,046,251 Weighted average remaining lease term — operating leases 6.7 years 7.1 years Weighted-average discount rate — operating leases 6.4 % 6.1 % The aggregate annual lease obligations as of June 30, 2024 are as follows: Operating Leases Remainder of 2025 $ 17,584,266 2026 20,369,096 2027 16,013,979 2028 12,940,749 2029 9,224,712 Thereafter 26,848,053 Total undiscounted lease liability $ 102,980,855 Imputed interest 19,844,451 Total discounted lease liability $ 83,136,404 The Company had no leases with related parties as of June 30, 2024 or March 31, 2024.

AVERAGE SHARE INFORMATION

AVERAGE SHARE INFORMATION	3 Months Ended
	Jun. 30, 2024
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 June 30, 2024 2023 Basic: Weighted average common shares outstanding (denominator) 5,480,205 5,772,733 Diluted: Weighted average common shares outstanding 5,480,205 5,772,733 Dilutive potential common shares 87,613 118,566 Weighted average diluted shares outstanding (denominator) 5,567,818 5,891,299

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Jun. 30, 2024
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. Stock-based compensation related to stock option awards is based on the number of shares expected to vest and the estimated fair value of the awards on the grant date using the Black-Scholes valuation model. Under the Black-Scholes valuation method, the assumptions used to determine the fair value are expected volatility, expected life, average risk-free rate, and dividend yield, if any. 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. 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 non-employee directors of the Company. 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 EPS performance targets established by the Compensation Committee that are based on EPS (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 three to 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 EPS target over four consecutive calendar quarters occurring between September 30, 2018 and March 31, 2025 as 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% During the second quarter of fiscal 2024, it was determined that the Performance Option performance target was no longer probable of being achieved and that the Performance Options would likely be forfeited as of the last day of the performance period in accordance with their terms. As a result and in accordance with ASC 718, the Company reversed $4.9 million in previously recognized stock-based compensation related to these Performance Options during the second quarter of fiscal 2024. Stock Options During the first three months of fiscal 2025 and 2024, the Company did not grant any stock options. Option activity for the three months ended June 30, 2024 was as follows: Shares Weighted Average Exercise Weighted Average Aggregate Intrinsic Value Options outstanding, beginning of period 267,947 $ 105.77 Exercised during period (7,011) 97.90 Forfeited during period (6,699) 102.13 Expired during period (1,431) 207.51 Options outstanding, end of period 252,806 2 $ 105.51 4.8 years $ 5,573,455 Options exercisable, end of period 112,037 $ 107.69 4.7 years $ 2,466,448 The aggregate intrinsic value reflected in the table above represents the total pre-tax intrinsic value (the difference between the closing stock price on June 30, 2024 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 June 30, 2024. This amount will change as the market price of the common stock changes. The total intrinsic value and tax benefit of options exercised during the three months ended June 30, 2024 and 2023 was as follows: June 30, June 30, Intrinsic value of options exercised $ 256,797 $ 215,135 Tax benefit of options exercised 62,915 52,708 The total fair value of stock options vested during the three months ended June 30, 2024 was $133,582. As of June 30, 2024, total unrecognized stock-based compensation expense related to non-vested stock options amounted to approximately $0.3 million, which is expected to be recognized over a weighted-average period of approximately 1.1 years. Restricted Stock During the first three months of fiscal 2025, the Company did not grant shares of restricted stock. During fiscal 2024, the Company granted 3,993 shares of restricted stock (which are equity classified) to certain vice presidents with a grant date weighted average fair value of $120.12 per share. The total fair value of restricted stock vested during the three months ended June 30, 2024 was $412,710. As of June 30, 2024, there was approximately $0.7 million of unrecognized compensation cost related to unvested restricted stock awards, which is expected to be recognized over the next 0.4 years based on current estimates. A summary of the status of the Company’s restricted stock as of June 30, 2024, and changes during the three months ended June 30, 2024, are presented below: Shares Weighted Average Fair Value at Grant Date Outstanding at March 31, 2024 388,577 $ 101.18 Vested during the period (3,000) 100.79 Forfeited during the period (18,000) 100.79 Outstanding at June 30, 2024 367,577 $ 101.20 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 month periods ended June 30, 2024 and 2023 was as follows: Three months ended June 30, 2024 2023 Stock-based compensation related to equity classified awards: Stock-based compensation related to stock options $ 143,720 $ 313,347 Stock-based compensation (reversal) related to restricted stock 3 (1,207,565) 1,099,351 Total stock-based compensation (reversal) related to equity classified awards $ (1,063,845) $ 1,412,698

ACQUISITIONS

ACQUISITIONS	3 Months Ended
	Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [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 business combinations while all other acquisitions are accounted for as asset purchases. There were no business combinations or asset purchases during the three months ended June 30, 2024 and 2023. 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 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 three months ended June 30, 2024 and 2023. 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. The results of all acquisitions are 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.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	3 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 9 – INTANGIBLE ASSETS The following table provides the gross carrying amount and related accumulated amortization of definite-lived intangible assets: June 30, 2024 March 31, 2024 Gross Carrying Accumulated Net Intangible Asset Gross Carrying Accumulated Net Intangible Asset Customer lists $ 55,730,620 $ (45,737,737) $ 9,992,883 $ 55,730,620 $ (44,796,996) $ 10,933,624 Non-compete agreements 10,528,143 (10,457,043) 71,100 10,528,143 (10,392,034) 136,109 Total $ 66,258,763 $ (56,194,780) $ 10,063,983 $ 66,258,763 $ (55,189,030) $ 11,069,733 The estimated amortization expense for intangible assets for future fiscal years ended March 31 is as follows: $2.8 million for the remainder of 2025; $3.2 million for 2026; $2.7 million for 2027; $0.9 million for 2028; $0.4 million for 2029; and an aggregate of $0.1 million for the years thereafter.

DEBT

DEBT	3 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
DEBT	DEBT Senior Notes Payable; Revolving Credit Facility At June 30, 2024, 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 June 30, 2024, $241.7 million was outstanding under the Company's credit facility, not including $725.8 thousand in outstanding standby letters of credit, which include (i) $300.0 thousand related to worker's compensation expiring on December 31, 2024 and (ii) $425.8 thousand related to the Company's investment in captive insurance expiring on April 12, 2025. Both letters of credit automatically extend for one year on their expiration dates. 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 June 30, 2024. 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 $0.5 million for both the three months ended June 30, 2024 and 2023. For the three months ended June 30, 2024 and fiscal year ended March 31, 2024, the Company’s effective interest rate, including the commitment fee and amortization of debt issuance costs, was 10.1% annualized and 9.9%, respectively. At June 30, 2024, the unused amount available under the revolving credit facility was $337.5 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 November 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 "Securities Act"). 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 first quarter of fiscal 2025, the Company repurchased and extinguished $21.8 million of its Notes, net of $0.2 million unamortized debt issuance costs related to the extinguished debt, on the open market for a reacquisition price of $21.0 million. During fiscal 2024, the Company repurchased and extinguished $15.7 million of its Notes, net of $0.2 million unamortized debt issuance costs related to the extinguished debt, on the open market for a reacquisition price of $14.1 million. For the three months ended June 30, 2024 and 2023, the Company recognized an $0.8 million and $0.4 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 2.25 to 1.0 for the fiscal quarter ended December 31, 2023 and each fiscal quarter thereafter; (iii) a maximum collateral performance indicator of 26.0% as of the end of each calendar month; and (iv) a minimum fixed charges coverage ratio of 2.0 to 1.0 for the fiscal quarters ending December 31, 2023 through December 31, 2024, and 2.25 to 1.0 for each fiscal quarter thereafter, where the ratio for the most recent four consecutive fiscal quarters (other than for the fiscal quarter ended September 30, 2023) must be at least 2.0 to 1.0 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 June 30, 2024 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 June 30, 2024 are as follows: Amount Remainder of 2025 $ — 2026 — 2027 494,727,745 2028 — 2029 — Thereafter — Total future debt payments $ 494,727,745

INCOME TAXES

INCOME TAXES	3 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES As of June 30, 2024 and March 31, 2024, the Company had $1.1 million of total gross unrecognized tax benefits including interest. Approximately $0.9 million represents the amount of net unrecognized tax benefits that are permanent in nature and, if recognized, would affect the annual effective tax rate. At June 30, 2024, 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 $330.8 thousand accrued for gross interest as of June 30, 2024, and accrued $13.8 thousand during the three months ended June 30, 2024. Investment in HTC was $32.7 million and $24.8 million as of June 30, 2024 and March 31, 2024, 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 $4.1 million and $1.3 million during the three months ended June 30, 2024 and 2023, respectively, in income tax expense. The Company recognized tax benefits from these investments of $4.5 million and $1.5 million during the three months ended June 30, 2024 and 2023, 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 2020, although carryforward attributes that were generated prior to 2020 may still be adjusted upon examination by the taxing authorities if they either have been or will be used in a future period. The Company’s effective income tax rate increased to 23.1% for the three months ended June 30, 2024 compared to 22.8% for the prior year quarter. The effective tax rate remained substantially unchanged from the prior year quarter with a slight increase due to return to provision adjustments recorded as discrete items in the prior year quarter.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES From time to time the Company is involved in litigation matters relating to claims arising out of its operations in the normal course of business. Estimating an amount or range of possible losses resulting from litigation, government actions and other legal proceedings is inherently difficult and requires an extensive degree of judgment, particularly where the matters involve indeterminate claims for monetary damages, may involve fines, penalties or damages that are discretionary in amount, involve a large number of claimants or significant discretion by regulatory authorities, represent a change in regulatory policy or interpretation, present novel legal theories, are in the early stages of the proceedings, are subject to appeal or could result in a change in business practices. In addition, because most legal proceedings are resolved over extended periods of time, potential losses are subject to change due to, among other things, new developments, changes in legal strategy, the outcome of intermediate procedural and substantive rulings and other parties’ settlement posture and their evaluation of the strength or weakness of their case against us. For these reasons, we are currently unable to predict the ultimate timing or outcome of, or reasonably estimate the possible losses or a range of possible losses resulting from, any currently pending claims. Based on information currently available, the Company does not believe that any reasonably possible losses arising from currently pending legal matters will be material to the Company’s results of operations or financial conditions. However, in light of the inherent uncertainties involved in such matters, an adverse outcome in one or more of these matters could materially and adversely affect the Company’s financial condition, results of operations or cash flows in any particular reporting period.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Jun. 30, 2024
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
	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net income	$ 9,947,427	$ 9,538,748

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
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)	3 Months Ended
	Jun. 30, 2024
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 $5.5 million and $5.0 million as of June 30, 2024 and March 31, 2024, respectively. From time to time, the Company will sell charged off loans receivable, which are accounted for as a sale in accordance with ASC 860, Transfers and Servicing . See Note 4 to the Consolidated Financial Statements for further information.
Allowance for credit losses	Allowance for credit losses Refer to Note 4 to the Consolidated Financial Statements for information regarding the Company's CECL allowance model and a description of the policies and methodology utilized.
Reclassification	Reclassification
Recently Adopted Accounting Standards and Recently Issued Accounting Standards Not Yet Adopted	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)	3 Months Ended
	Jun. 30, 2024
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. June 30, 2024 March 31, 2024 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Cash and cash equivalents 1 $ 11,119,138 $ 11,119,138 $ 11,839,460 $ 11,839,460 Loans receivable, net 3 834,841,730 834,841,730 847,440,309 847,440,309 LIABILITIES Senior unsecured notes payable 2 251,013,681 239,251,180 272,609,632 254,208,482 Senior notes payable 3 241,727,745 241,727,745 223,419,132 223,419,132

LOANS RECEIVABLE AND ALLOWANC_2

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Tables)	3 Months Ended
	Jun. 30, 2024
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 June 30, 2024 March 31, 2024 0 to 5 months $ 67,870,166 $ 73,699,568 6 to 17 months 74,677,636 69,616,739 18 to 35 months 140,903,386 140,340,728 36 to 59 months 164,922,673 181,399,293 60+ months 821,331,631 799,703,920 TALs 5,113,765 12,389,008 Total gross loans $ 1,274,819,257 $ 1,277,149,256 The following table presents unpaid accrued interest reversed against interest income by Customer Tenure for the three months ended June 30, 2024 and 2023: Three months ended June 30, 2024 2023 Customer Tenure 0 to 5 months $ (1,147,060) $ (1,147,128) 6 to 17 months (767,769) (717,671) 18 to 35 months (870,532) (1,007,900) 36 to 59 months (591,258) (963,733) 60+ months (2,687,769) (2,462,048) Total $ (6,064,388) $ (6,298,480)
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 June 30, 2024: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,090,434,963 $ 62,146,428 $ 6,122,255 $ 138,949 $ 7,803 $ 11,419 $ 1,158,861,817 30 - 60 days past due 37,896,134 5,117,469 825,854 41,768 7,045 1,029 43,889,299 61 - 90 days past due 23,424,741 3,585,432 381,438 10,974 — — 27,402,585 91 or more days past due 32,505,250 6,353,303 657,114 26,165 6,139 3,820 39,551,791 Total $ 1,184,261,088 $ 77,202,632 $ 7,986,661 $ 217,856 $ 20,987 $ 16,268 $ 1,269,705,492 Term Loans By Origination TALs Up to Between Between Between Between More than Total Current $ 577,952 $ 1,500 $ — $ — $ — $ — $ 579,452 30 - 60 days past due 411,505 — — — — — 411,505 61 - 90 days past due 585,227 — — — — — 585,227 91 or more days past due 3,537,326 255 — — — — 3,537,581 Total $ 5,112,010 $ 1,755 $ — $ — $ — $ — $ 5,113,765 Total gross loans $ 1,274,819,257 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, 2024: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,094,896,350 $ 61,853,967 $ 4,807,924 $ 109,050 $ 25,850 $ 1,371 $ 1,161,694,512 30 - 60 days past due 34,034,537 4,600,615 610,649 10,856 14,076 5,429 39,276,162 61 - 90 days past due 21,874,701 2,154,561 200,117 17,493 204 — 24,247,076 91 or more days past due 34,560,868 4,600,040 364,386 6,151 5,617 5,436 39,542,498 Total $ 1,185,366,456 $ 73,209,183 $ 5,983,076 $ 143,550 $ 45,747 $ 12,236 $ 1,264,760,248 Term Loans By Origination TALs Up to Between Between Between Between More than Total Current $ 7,441,660 $ 860 $ — $ — $ — $ — $ 7,442,520 30 - 60 days past due 4,942,757 788 — — — — 4,943,545 61 - 90 days past due — 1,650 — — — — 1,650 91 or more days past due — 1,293 — — — — 1,293 Total $ 12,384,417 $ 4,591 $ — $ — $ — $ — $ 12,389,008 Total gross loans $ 1,277,149,256 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 June 30, 2024: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,077,923,932 $ 55,336,446 $ 4,790,145 $ 77,468 $ — $ 5,408 $ 1,138,133,399 30 - 60 days past due 40,161,675 4,322,214 409,589 7,360 516 — 44,901,354 61 - 90 days past due 26,639,089 3,965,283 338,414 4,964 708 — 30,948,458 91 or more days past due 39,536,390 13,578,690 2,448,514 128,064 19,763 10,860 55,722,281 Total $ 1,184,261,086 $ 77,202,633 $ 7,986,662 $ 217,856 $ 20,987 $ 16,268 $ 1,269,705,492 Term Loans By Origination TALs Up to Between Between Between Between More than Total Current $ 471,939 $ — $ — $ — $ — $ — $ 471,939 30 - 60 days past due 410,053 — — — — — 410,053 61 - 90 days past due 629,413 — — — — — 629,413 91 or more days past due 3,600,605 1,755 — — — — 3,602,360 Total $ 5,112,010 $ 1,755 $ — $ — $ — $ — $ 5,113,765 Total gross loans $ 1,274,819,257 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, 2024: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 1,079,720,968 $ 54,770,231 $ 3,681,104 $ 39,921 $ 10,484 $ 1,371 $ 1,138,224,079 30 - 60 days past due 37,475,784 3,388,380 288,576 1,064 — — 41,153,804 61 - 90 days past due 26,191,269 2,903,253 208,172 3,430 204 — 29,306,328 91 or more days past due 41,978,436 12,147,320 1,805,223 99,134 35,059 10,865 56,076,037 Total $ 1,185,366,457 $ 73,209,184 $ 5,983,075 $ 143,549 $ 45,747 $ 12,236 $ 1,264,760,248 Term Loans By Origination TALs Up to Between Between Between Between More than Total Current $ 7,441,661 $ — $ — $ — $ — $ — $ 7,441,661 30 - 60 days past due 4,942,757 — — — — — 4,942,757 61 - 90 days past due — — — — — — — 91 or more days past due — 4,590 — — — — 4,590 Total $ 12,384,418 $ 4,590 $ — $ — $ — $ — $ 12,389,008 Total gross loans $ 1,277,149,256 The following table provides a breakdown of the Company’s gross charge-offs by year of origination for the three months ended June 30, 2024: Three months ended June 30, Gross Charge-offs by Origination Origination Year Loans TALs Total 2020 and prior $ 20,281 $ — $ 20,281 2021 11,268 — 11,268 2022 322,944 — 322,944 2023 4,275,700 — 4,275,700 2024 39,206,136 53,125 39,259,261 2025 — — — Total $ 43,836,329 $ 53,125 $ 43,889,454 The following table provides a breakdown of the Company’s gross charge-offs by year of origination for the three months ended June 30, 2023: Three months ended June 30, Gross Charge-offs by Origination Origination Year Loans TALs Total 2019 and prior $ 6,706 $ — $ 6,706 2020 24,375 — 24,375 2021 153,427 — 153,427 2022 5,416,692 4,388 5,421,080 2023 45,113,128 3,238 45,116,366 2024 1,088 — 1,088 Total $ 50,715,416 $ 7,626 $ 50,723,042
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 months ended June 30, 2024 and 2023: Three months ended June 30, 2024 2023 Beginning balance $ 102,962,811 $ 125,552,733 Provision for credit losses 45,419,007 46,602,012 Charge-offs (43,889,454) (50,723,042) Recoveries 1 5,150,999 7,911,285 Net charge-offs (38,738,455) (42,811,757) Ending Balance $ 109,643,363 $ 129,342,988
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 June 30, 2024: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 52,065,068 $ 4,832,188 $ 3,931,350 $ 7,041,560 $ 15,805,098 $ 67,870,166 6 to 17 months 64,749,046 3,815,767 2,490,382 3,622,441 9,928,590 74,677,636 18 to 35 months 125,777,090 6,039,975 3,769,672 5,316,649 15,126,296 140,903,386 36 to 59 months 147,849,164 6,781,282 4,284,121 6,008,106 17,073,509 164,922,673 60+ months 768,421,449 22,420,087 12,927,060 17,563,035 52,910,182 821,331,631 TALs 579,452 411,505 585,227 3,537,581 4,534,313 5,113,765 Total gross loans 1,159,441,269 44,300,804 27,987,812 43,089,372 115,377,988 1,274,819,257 Unearned interest, insurance and fees (304,015,610) (8,472,795) (7,303,512) (10,542,247) (26,318,554) (330,334,164) Total net loans $ 855,425,659 $ 35,828,009 $ 20,684,300 $ 32,547,125 $ 89,059,434 $ 944,485,093 Percentage of period-end gross loans receivable 3.5% 2.2% 3.4% 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, 2024: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 56,802,704 $ 4,720,149 $ 4,496,518 $ 7,680,197 $ 16,896,864 $ 73,699,568 6 to 17 months 60,634,735 3,155,423 2,075,608 3,750,973 8,982,004 69,616,739 18 to 35 months 126,843,010 5,057,256 3,224,662 5,215,800 13,497,718 140,340,728 36 to 59 months 165,694,013 6,159,335 3,519,743 6,026,202 15,705,280 181,399,293 60+ months 751,720,050 20,183,999 10,930,545 16,869,326 47,983,870 799,703,920 TALs 7,442,520 4,943,545 1,650 1,293 4,946,488 12,389,008 Total gross loans 1,169,137,032 44,219,707 24,248,726 39,543,791 108,012,224 1,277,149,256 Unearned interest, insurance and fees (301,616,958) (7,677,494) (6,674,554) (10,777,130) (25,129,178) (326,746,136) Total net loans $ 867,520,074 $ 36,542,213 $ 17,574,172 $ 28,766,661 $ 82,883,046 $ 950,403,120 Percentage of period-end gross loans receivable 3.5 % 1.9 % 3.1 % 8.5 % The following table is an aging analysis on a contractual basis at amortized cost of the Company’s gross loans receivable at June 30, 2024: Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 51,122,298 $ 4,732,439 $ 4,009,253 $ 8,006,176 $ 16,747,868 $ 67,870,166 6 to 17 months 63,479,851 3,661,347 2,576,331 4,960,107 11,197,785 74,677,636 18 to 35 months 123,326,453 5,922,236 4,213,315 7,441,382 17,576,933 140,903,386 36 to 59 months 144,424,256 6,833,482 4,884,425 8,780,510 20,498,417 164,922,673 60+ months 755,780,541 23,751,850 15,265,134 26,534,106 65,551,090 821,331,631 TALs 471,939 410,053 629,413 3,602,360 4,641,826 5,113,765 Total gross loans 1,138,605,338 45,311,407 31,577,871 59,324,641 136,213,919 1,274,819,257 Unearned interest, insurance and fees (299,657,876) (8,160,681) (8,204,664) (14,310,943) (30,676,288) (330,334,164) Total net loans $ 838,947,462 $ 37,150,726 $ 23,373,207 $ 45,013,698 $ 105,537,631 $ 944,485,093 Percentage of period-end gross loans receivable 3.6% 2.5% 4.7% 10.8 % The following table is an aging analysis on a contractual basis at amortized cost of the Company’s gross loans receivable at March 31, 2024: Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 55,572,691 $ 4,645,860 $ 4,784,273 $ 8,696,744 $ 18,126,877 $ 73,699,568 6 to 17 months 58,920,283 2,990,455 2,364,202 5,341,799 10,696,456 69,616,739 18 to 35 months 123,878,546 5,246,778 3,813,284 7,402,120 16,462,182 140,340,728 36 to 59 months 161,614,270 6,388,791 4,435,367 8,960,865 19,785,023 181,399,293 60+ months 738,238,289 21,881,920 13,909,202 25,674,509 61,465,631 799,703,920 TALs 7,441,661 4,942,757 — 4,590 4,947,347 12,389,008 Total gross loans 1,145,665,740 46,096,561 29,306,328 56,080,627 131,483,516 1,277,149,256 Unearned interest, insurance and fees (296,584,056) (7,544,366) (7,936,622) (14,681,092) (30,162,080) (326,746,136) Total net loans $ 849,081,684 $ 38,552,195 $ 21,369,706 $ 41,399,535 $ 101,321,436 $ 950,403,120 Percentage of period-end gross loans receivable 3.6 % 2.3 % 4.4 % 10.3 %
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 months ended June 30, 2024 and 2023: Nonaccrual Loans Receivable Customer Tenure As of June 30, 2024 As of March 31, 2024 Interest Income Recognized for the three months ended June 30, 2024 Interest Income Recognized for the three months ended June 30, 2023 0 to 5 months $ 12,338,965 $ 13,971,062 $ 198,802 $ 326,773 6 to 17 months 7,968,045 8,507,503 235,464 476,870 18 to 35 months 12,524,214 12,569,729 361,284 464,668 36 to 59 months 14,837,127 15,250,596 471,665 609,507 60+ months 45,787,207 45,091,589 1,462,925 1,737,871 Unearned interest, insurance and fees (24,313,956) (24,643,778) — — Total $ 69,141,602 $ 70,746,701 $ 2,730,140 $ 3,615,689

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Schedule of Lease Cost	The following table reports information about the Company's lease cost for the three months ended June 30, 2024 and 2023: Three months ended June 30, 2024 2023 Lease Cost Operating lease cost $ 6,179,179 $ 6,141,171 Variable lease cost $ 1,088,833 $ 1,030,675 Total lease cost $ 7,268,012 $ 7,171,846 The following table reports other information about the Company's leases for the three months ended June 30, 2024 and 2023: Three months ended June 30, 2024 2023 Other Lease Information Operating cash flows for amounts included in the measurement of lease liabilities — operating leases $ 6,288,260 $ 6,324,218 Right-of-use assets obtained in exchange for new operating lease liabilities $ 5,876,619 $ 3,046,251 Weighted average remaining lease term — operating leases 6.7 years 7.1 years Weighted-average discount rate — operating leases 6.4 % 6.1 %
Schedule of Operating Lease Maturity	The aggregate annual lease obligations as of June 30, 2024 are as follows: Operating Leases Remainder of 2025 $ 17,584,266 2026 20,369,096 2027 16,013,979 2028 12,940,749 2029 9,224,712 Thereafter 26,848,053 Total undiscounted lease liability $ 102,980,855 Imputed interest 19,844,451 Total discounted lease liability $ 83,136,404
Schedule of Finance Lease Maturity	The aggregate annual lease obligations as of June 30, 2024 are as follows: Operating Leases Remainder of 2025 $ 17,584,266 2026 20,369,096 2027 16,013,979 2028 12,940,749 2029 9,224,712 Thereafter 26,848,053 Total undiscounted lease liability $ 102,980,855 Imputed interest 19,844,451 Total discounted lease liability $ 83,136,404

AVERAGE SHARE INFORMATION (Tabl

AVERAGE SHARE INFORMATION (Tables)	3 Months Ended
	Jun. 30, 2024
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 June 30, 2024 2023 Basic: Weighted average common shares outstanding (denominator) 5,480,205 5,772,733 Diluted: Weighted average common shares outstanding 5,480,205 5,772,733 Dilutive potential common shares 87,613 118,566 Weighted average diluted shares outstanding (denominator) 5,567,818 5,891,299

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Jun. 30, 2024
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 Stock Option Activity	Option activity for the three months ended June 30, 2024 was as follows: Shares Weighted Average Exercise Weighted Average Aggregate Intrinsic Value Options outstanding, beginning of period 267,947 $ 105.77 Exercised during period (7,011) 97.90 Forfeited during period (6,699) 102.13 Expired during period (1,431) 207.51 Options outstanding, end of period 252,806 2 $ 105.51 4.8 years $ 5,573,455 Options exercisable, end of period 112,037 $ 107.69 4.7 years $ 2,466,448
Schedule of Intrinsic Value of Options Exercised	The total intrinsic value and tax benefit of options exercised during the three months ended June 30, 2024 and 2023 was as follows: June 30, June 30, Intrinsic value of options exercised $ 256,797 $ 215,135 Tax benefit of options exercised 62,915 52,708
Summary of the Status and Changes Restricted Stock	A summary of the status of the Company’s restricted stock as of June 30, 2024, and changes during the three months ended June 30, 2024, are presented below: Shares Weighted Average Fair Value at Grant Date Outstanding at March 31, 2024 388,577 $ 101.18 Vested during the period (3,000) 100.79 Forfeited during the period (18,000) 100.79 Outstanding at June 30, 2024 367,577 $ 101.20
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 month periods ended June 30, 2024 and 2023 was as follows: Three months ended June 30, 2024 2023 Stock-based compensation related to equity classified awards: Stock-based compensation related to stock options $ 143,720 $ 313,347 Stock-based compensation (reversal) related to restricted stock 3 (1,207,565) 1,099,351 Total stock-based compensation (reversal) related to equity classified awards $ (1,063,845) $ 1,412,698

Intangible Assets, Goodwill and

Intangible Assets, Goodwill and Other (Tables)	3 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The following table provides the gross carrying amount and related accumulated amortization of definite-lived intangible assets: June 30, 2024 March 31, 2024 Gross Carrying Accumulated Net Intangible Asset Gross Carrying Accumulated Net Intangible Asset Customer lists $ 55,730,620 $ (45,737,737) $ 9,992,883 $ 55,730,620 $ (44,796,996) $ 10,933,624 Non-compete agreements 10,528,143 (10,457,043) 71,100 10,528,143 (10,392,034) 136,109 Total $ 66,258,763 $ (56,194,780) $ 10,063,983 $ 66,258,763 $ (55,189,030) $ 11,069,733

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Schedule of Aggregate Annual Maturities of the Notes Payable	The aggregate annual maturities of the Company's debt arrangements as of June 30, 2024 are as follows: Amount Remainder of 2025 $ — 2026 — 2027 494,727,745 2028 — 2029 — Thereafter — Total future debt payments $ 494,727,745

SUMMARY OF SIGNIFICANT POLICI_3

SUMMARY OF SIGNIFICANT POLICIES (Details) - USD ($) $ in Millions	Jun. 30, 2024	Mar. 31, 2024
Accounting Policies [Abstract]
Unamortized deferred origination fees and costs	$ 5.5	$ 5

FAIR VALUE (Details)

FAIR VALUE (Details) - USD ($)	Jun. 30, 2024	Mar. 31, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior unsecured notes payable, net	$ 251,013,681	$ 272,609,632
Senior notes payable	241,727,745	223,419,132
Fair Value, Inputs, Level 1 | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	11,119,138	11,839,460
Fair Value, Inputs, Level 1 | Estimated Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	11,119,138	11,839,460
Fair Value, Inputs, Level 3 | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable, net	834,841,730	847,440,309
Fair Value, Inputs, Level 3 | Carrying Value | Senior notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes payable	241,727,745	223,419,132
Fair Value, Inputs, Level 3 | Estimated Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable, net	834,841,730	847,440,309
Fair Value, Inputs, Level 3 | Estimated Fair Value | Senior notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes payable	241,727,745	223,419,132
Fair Value, Inputs, Level 2 | Carrying Value | Senior notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior unsecured notes payable, net	251,013,681	272,609,632
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	$ 239,251,180	$ 254,208,482

LOANS RECEIVABLE AND ALLOWANC_3

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Gross Loans Receivable By Customer Tenure) (Details) - USD ($)	Jun. 30, 2024	Mar. 31, 2024
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 1,274,819,257	$ 1,277,149,256
TALs
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	5,113,765	12,389,008
0 to 5 months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	67,870,166	73,699,568
6 to 17 months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	74,677,636	69,616,739
18 to 35 months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	140,903,386	140,340,728
36 to 59 months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	164,922,673	181,399,293
60+ months | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 821,331,631	$ 799,703,920

LOANS RECEIVABLE AND ALLOWANC_4

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2024
Receivables [Abstract]
Weighted average rehab rate	5%		4.90%
Charge offs	$ 2.6	$ 4.4

LOANS RECEIVABLE AND ALLOWANC_5

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Payment Performance On A Recency Basis) (Details) - USD ($)	Jun. 30, 2024	Mar. 31, 2024
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 1,274,819,257	$ 1,277,149,256
Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,184,261,088	1,185,366,456
Financing receivable, between 1 and 2 years ago	77,202,632	73,209,183
Financing receivable, between 2 and 3 years ago	7,986,661	5,983,076
Financing receivable, between 3 and 4 years ago	217,856	143,550
Financing receivable, between 4 and 5 years ago	20,987	45,747
Financing receivable, more than 5 years ago	16,268	12,236
Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,269,705,492	1,264,760,248
Loans | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	37,896,134	34,034,537
Financing receivable, between 1 and 2 years ago	5,117,469	4,600,615
Financing receivable, between 2 and 3 years ago	825,854	610,649
Financing receivable, between 3 and 4 years ago	41,768	10,856
Financing receivable, between 4 and 5 years ago	7,045	14,076
Financing receivable, more than 5 years ago	1,029	5,429
Gross loans receivable	43,889,299	39,276,162
Loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	23,424,741	21,874,701
Financing receivable, between 1 and 2 years ago	3,585,432	2,154,561
Financing receivable, between 2 and 3 years ago	381,438	200,117
Financing receivable, between 3 and 4 years ago	10,974	17,493
Financing receivable, between 4 and 5 years ago	0	204
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	27,402,585	24,247,076
Loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	32,505,250	34,560,868
Financing receivable, between 1 and 2 years ago	6,353,303	4,600,040
Financing receivable, between 2 and 3 years ago	657,114	364,386
Financing receivable, between 3 and 4 years ago	26,165	6,151
Financing receivable, between 4 and 5 years ago	6,139	5,617
Financing receivable, more than 5 years ago	3,820	5,436
Gross loans receivable	39,551,791	39,542,498
TALs
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	5,112,010	12,384,417
Financing receivable, between 1 and 2 years ago	1,755	4,591
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	5,113,765	12,389,008
TALs | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	411,505	4,942,757
Financing receivable, between 1 and 2 years ago	0	788
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	411,505	4,943,545
TALs | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	585,227	0
Financing receivable, between 1 and 2 years ago	0	1,650
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	585,227	1,650
TALs | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	3,537,326	0
Financing receivable, between 1 and 2 years ago	255	1,293
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	3,537,581	1,293
Performing Financing Receivable | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,090,434,963	1,094,896,350
Financing receivable, between 1 and 2 years ago	62,146,428	61,853,967
Financing receivable, between 2 and 3 years ago	6,122,255	4,807,924
Financing receivable, between 3 and 4 years ago	138,949	109,050
Financing receivable, between 4 and 5 years ago	7,803	25,850
Financing receivable, more than 5 years ago	11,419	1,371
Performing Financing Receivable | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,158,861,817	1,161,694,512
Performing Financing Receivable | TALs
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	577,952	7,441,660
Financing receivable, between 1 and 2 years ago	1,500	860
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	$ 579,452	$ 7,442,520

LOANS RECEIVABLE AND ALLOWANC_6

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Payment Performance On A Contractual Basis) (Details) - USD ($)	Jun. 30, 2024	Mar. 31, 2024
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	$ 1,274,819,257	$ 1,277,149,256
Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,184,261,088	1,185,366,456
Financing receivable, between 1 and 2 years ago	77,202,632	73,209,183
Financing receivable, between 2 and 3 years ago	7,986,661	5,983,076
Financing receivable, between 3 and 4 years ago	217,856	143,550
Financing receivable, between 4 and 5 years ago	20,987	45,747
Financing receivable, more than 5 years ago	16,268	12,236
Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,269,705,492	1,264,760,248
Loans | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	37,896,134	34,034,537
Financing receivable, between 1 and 2 years ago	5,117,469	4,600,615
Financing receivable, between 2 and 3 years ago	825,854	610,649
Financing receivable, between 3 and 4 years ago	41,768	10,856
Financing receivable, between 4 and 5 years ago	7,045	14,076
Financing receivable, more than 5 years ago	1,029	5,429
Gross loans receivable	43,889,299	39,276,162
Loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	23,424,741	21,874,701
Financing receivable, between 1 and 2 years ago	3,585,432	2,154,561
Financing receivable, between 2 and 3 years ago	381,438	200,117
Financing receivable, between 3 and 4 years ago	10,974	17,493
Financing receivable, between 4 and 5 years ago	0	204
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	27,402,585	24,247,076
Loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	32,505,250	34,560,868
Financing receivable, between 1 and 2 years ago	6,353,303	4,600,040
Financing receivable, between 2 and 3 years ago	657,114	364,386
Financing receivable, between 3 and 4 years ago	26,165	6,151
Financing receivable, between 4 and 5 years ago	6,139	5,617
Financing receivable, more than 5 years ago	3,820	5,436
Gross loans receivable	39,551,791	39,542,498
TALs
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	5,112,010	12,384,417
Financing receivable, between 1 and 2 years ago	1,755	4,591
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	5,113,765	12,389,008
TALs | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	411,505	4,942,757
Financing receivable, between 1 and 2 years ago	0	788
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	411,505	4,943,545
TALs | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	585,227	0
Financing receivable, between 1 and 2 years ago	0	1,650
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	585,227	1,650
TALs | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	3,537,326	0
Financing receivable, between 1 and 2 years ago	255	1,293
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	3,537,581	1,293
Performing Financing Receivable | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,090,434,963	1,094,896,350
Financing receivable, between 1 and 2 years ago	62,146,428	61,853,967
Financing receivable, between 2 and 3 years ago	6,122,255	4,807,924
Financing receivable, between 3 and 4 years ago	138,949	109,050
Financing receivable, between 4 and 5 years ago	7,803	25,850
Financing receivable, more than 5 years ago	11,419	1,371
Performing Financing Receivable | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,158,861,817	1,161,694,512
Performing Financing Receivable | TALs
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	577,952	7,441,660
Financing receivable, between 1 and 2 years ago	1,500	860
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	579,452	7,442,520
Contractual basis
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,274,819,257	1,277,149,256
Contractual basis | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	45,311,407	46,096,561
Contractual basis | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	31,577,871	29,306,328
Contractual basis | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	59,324,641	56,080,627
Contractual basis | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,184,261,086	1,185,366,457
Financing receivable, between 1 and 2 years ago	77,202,633	73,209,184
Financing receivable, between 2 and 3 years ago	7,986,662	5,983,075
Financing receivable, between 3 and 4 years ago	217,856	143,549
Financing receivable, between 4 and 5 years ago	20,987	45,747
Financing receivable, more than 5 years ago	16,268	12,236
Contractual basis | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,269,705,492	1,264,760,248
Contractual basis | Loans | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	40,161,675	37,475,784
Financing receivable, between 1 and 2 years ago	4,322,214	3,388,380
Financing receivable, between 2 and 3 years ago	409,589	288,576
Financing receivable, between 3 and 4 years ago	7,360	1,064
Financing receivable, between 4 and 5 years ago	516	0
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	44,901,354	41,153,804
Contractual basis | Loans | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	26,639,089	26,191,269
Financing receivable, between 1 and 2 years ago	3,965,283	2,903,253
Financing receivable, between 2 and 3 years ago	338,414	208,172
Financing receivable, between 3 and 4 years ago	4,964	3,430
Financing receivable, between 4 and 5 years ago	708	204
Financing receivable, more than 5 years ago	0	0
Gross loans receivable	30,948,458	29,306,328
Contractual basis | Loans | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	39,536,390	41,978,436
Financing receivable, between 1 and 2 years ago	13,578,690	12,147,320
Financing receivable, between 2 and 3 years ago	2,448,514	1,805,223
Financing receivable, between 3 and 4 years ago	128,064	99,134
Financing receivable, between 4 and 5 years ago	19,763	35,059
Financing receivable, more than 5 years ago	10,860	10,865
Gross loans receivable	55,722,281	56,076,037
Contractual basis | TALs
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	5,112,010	12,384,418
Financing receivable, between 1 and 2 years ago	1,755	4,590
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	5,113,765	12,389,008
Contractual basis | TALs | 30 - 60 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	410,053	4,942,757
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	410,053	4,942,757
Contractual basis | TALs | 61 - 90 days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	629,413	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	629,413	0
Contractual basis | TALs | 91 or more days past due
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	3,600,605	0
Financing receivable, between 1 and 2 years ago	1,755	4,590
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	3,602,360	4,590
Contractual basis | Performing Financing Receivable | Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	1,077,923,932	1,079,720,968
Financing receivable, between 1 and 2 years ago	55,336,446	54,770,231
Financing receivable, between 2 and 3 years ago	4,790,145	3,681,104
Financing receivable, between 3 and 4 years ago	77,468	39,921
Financing receivable, between 4 and 5 years ago	0	10,484
Financing receivable, more than 5 years ago	5,408	1,371
Contractual basis | Performing Financing Receivable | Loans | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Gross loans receivable	1,138,133,399	1,138,224,079
Contractual basis | Performing Financing Receivable | TALs
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, up to 1 year ago	471,939	7,441,661
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	$ 471,939	$ 7,441,661

LOANS RECEIVABLE AND ALLOWANC_7

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Company’s Gross Charge-Offs By Year of Origination) (Details) - USD ($)	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, gross charge-offs, prior	$ 20,281	$ 6,706
Financing receivable, gross charge-offs, four years before	11,268	24,375
Financing receivable, gross charge-offs, three years before	322,944	153,427
Financing receivable, gross charge-offs, two years before	4,275,700	5,421,080
Financing receivable, gross charge-offs, one year before	39,259,261	45,116,366
Financing receivable, gross charge-offs, current	0	1,088
Total	43,889,454	50,723,042
Loans
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, gross charge-offs, prior	20,281	6,706
Financing receivable, gross charge-offs, four years before	11,268	24,375
Financing receivable, gross charge-offs, three years before	322,944	153,427
Financing receivable, gross charge-offs, two years before	4,275,700	5,416,692
Financing receivable, gross charge-offs, one year before	39,206,136	45,113,128
Financing receivable, gross charge-offs, current	0	1,088
Total	43,836,329	50,715,416
TALs
Financing Receivable, Recorded Investment [Line Items]
Financing receivable, gross charge-offs, prior	0	0
Financing receivable, gross charge-offs, four years before	0	0
Financing receivable, gross charge-offs, three years before	0	0
Financing receivable, gross charge-offs, two years before	0	4,388
Financing receivable, gross charge-offs, one year before	53,125	3,238
Financing receivable, gross charge-offs, current	0	0
Total	$ 53,125	$ 7,626

LOANS RECEIVABLE AND ALLOWANC_8

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
	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 102,962,811	$ 125,552,733
Provision for credit losses	45,419,007	46,602,012
Charge-offs	(43,889,454)	(50,723,042)
Recoveries	5,150,999	7,911,285
Net charge-offs	(38,738,455)	(42,811,757)
Ending Balance	$ 109,643,363	$ 129,342,988

LOANS RECEIVABLE AND ALLOWANC_9

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Summary of Past Due Receivables) (Details) - USD ($)	Jun. 30, 2024	Mar. 31, 2024
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 1,274,819,257	$ 1,277,149,256
Unearned interest, insurance and fees	(5,500,000)	(5,000,000)
TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,113,765	12,389,008
30 - 60 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	67,870,166	73,699,568
30 - 60 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	74,677,636	69,616,739
30 - 60 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	140,903,386	140,340,728
30 - 60 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	164,922,673	181,399,293
30 - 60 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	821,331,631	799,703,920
Recency Basis
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	1,274,819,257	1,277,149,256
Unearned interest, insurance and fees	(330,334,164)	(326,746,136)
Total net loans	$ 944,485,093	$ 950,403,120
Financing receivable, percent past due	9.10%	8.50%
Recency Basis | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 5,113,765	$ 12,389,008
Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	67,870,166	73,699,568
Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	74,677,636	69,616,739
Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	140,903,386	140,340,728
Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	164,922,673	181,399,293
Recency Basis | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	821,331,631	799,703,920
Recency Basis | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	1,159,441,269	1,169,137,032
Unearned interest, insurance and fees	(304,015,610)	(301,616,958)
Total net loans	855,425,659	867,520,074
Recency Basis | Current | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	579,452	7,442,520
Recency Basis | Current | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	52,065,068	56,802,704
Recency Basis | Current | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	64,749,046	60,634,735
Recency Basis | Current | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	125,777,090	126,843,010
Recency Basis | Current | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	147,849,164	165,694,013
Recency Basis | Current | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	768,421,449	751,720,050
Recency Basis | 30 - 60 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	44,300,804	44,219,707
Unearned interest, insurance and fees	(8,472,795)	(7,677,494)
Total net loans	$ 35,828,009	$ 36,542,213
Financing receivable, percent past due	3.50%	3.50%
Recency Basis | 30 - 60 days past due | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 411,505	$ 4,943,545
Recency Basis | 30 - 60 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,832,188	4,720,149
Recency Basis | 30 - 60 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	3,815,767	3,155,423
Recency Basis | 30 - 60 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	6,039,975	5,057,256
Recency Basis | 30 - 60 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	6,781,282	6,159,335
Recency Basis | 30 - 60 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	22,420,087	20,183,999
Recency Basis | 61 - 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	27,987,812	24,248,726
Unearned interest, insurance and fees	(7,303,512)	(6,674,554)
Total net loans	$ 20,684,300	$ 17,574,172
Financing receivable, percent past due	2.20%	1.90%
Recency Basis | 61 - 90 days past due | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 585,227	$ 1,650
Recency Basis | 61 - 90 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	3,931,350	4,496,518
Recency Basis | 61 - 90 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	2,490,382	2,075,608
Recency Basis | 61 - 90 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	3,769,672	3,224,662
Recency Basis | 61 - 90 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,284,121	3,519,743
Recency Basis | 61 - 90 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	12,927,060	10,930,545
Recency Basis | 91 or more days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	43,089,372	39,543,791
Unearned interest, insurance and fees	(10,542,247)	(10,777,130)
Total net loans	$ 32,547,125	$ 28,766,661
Financing receivable, percent past due	3.40%	3.10%
Recency Basis | 91 or more days past due | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 3,537,581	$ 1,293
Recency Basis | 91 or more days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	7,041,560	7,680,197
Recency Basis | 91 or more days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	3,622,441	3,750,973
Recency Basis | 91 or more days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,316,649	5,215,800
Recency Basis | 91 or more days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	6,008,106	6,026,202
Recency Basis | 91 or more days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	17,563,035	16,869,326
Recency Basis | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	115,377,988	108,012,224
Unearned interest, insurance and fees	(26,318,554)	(25,129,178)
Total net loans	89,059,434	82,883,046
Recency Basis | Total Past Due | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,534,313	4,946,488
Recency Basis | Total Past Due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	15,805,098	16,896,864
Recency Basis | Total Past Due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	9,928,590	8,982,004
Recency Basis | Total Past Due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	15,126,296	13,497,718
Recency Basis | Total Past Due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	17,073,509	15,705,280
Recency Basis | Total Past Due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	52,910,182	47,983,870
Contractual basis
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	1,274,819,257	1,277,149,256
Unearned interest, insurance and fees	(330,334,164)	(326,746,136)
Total net loans	$ 944,485,093	$ 950,403,120
Financing receivable, percent past due	10.80%	10.30%
Contractual basis | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 5,113,765	$ 12,389,008
Contractual basis | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	67,870,166	73,699,568
Contractual basis | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	74,677,636	69,616,739
Contractual basis | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	140,903,386	140,340,728
Contractual basis | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	164,922,673	181,399,293
Contractual basis | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	821,331,631	799,703,920
Contractual basis | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	1,138,605,338	1,145,665,740
Unearned interest, insurance and fees	(299,657,876)	(296,584,056)
Total net loans	838,947,462	849,081,684
Contractual basis | Current | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	471,939	7,441,661
Contractual basis | Current | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	51,122,298	55,572,691
Contractual basis | Current | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	63,479,851	58,920,283
Contractual basis | Current | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	123,326,453	123,878,546
Contractual basis | Current | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	144,424,256	161,614,270
Contractual basis | Current | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	755,780,541	738,238,289
Contractual basis | 30 - 60 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	45,311,407	46,096,561
Unearned interest, insurance and fees	(8,160,681)	(7,544,366)
Total net loans	$ 37,150,726	$ 38,552,195
Financing receivable, percent past due	3.60%	3.60%
Contractual basis | 30 - 60 days past due | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 410,053	$ 4,942,757
Contractual basis | 30 - 60 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,732,439	4,645,860
Contractual basis | 30 - 60 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	3,661,347	2,990,455
Contractual basis | 30 - 60 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	5,922,236	5,246,778
Contractual basis | 30 - 60 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	6,833,482	6,388,791
Contractual basis | 30 - 60 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	23,751,850	21,881,920
Contractual basis | 61 - 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	31,577,871	29,306,328
Unearned interest, insurance and fees	(8,204,664)	(7,936,622)
Total net loans	$ 23,373,207	$ 21,369,706
Financing receivable, percent past due	2.50%	2.30%
Contractual basis | 61 - 90 days past due | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 629,413	$ 0
Contractual basis | 61 - 90 days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,009,253	4,784,273
Contractual basis | 61 - 90 days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	2,576,331	2,364,202
Contractual basis | 61 - 90 days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,213,315	3,813,284
Contractual basis | 61 - 90 days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,884,425	4,435,367
Contractual basis | 61 - 90 days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	15,265,134	13,909,202
Contractual basis | 91 or more days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	59,324,641	56,080,627
Unearned interest, insurance and fees	(14,310,943)	(14,681,092)
Total net loans	$ 45,013,698	$ 41,399,535
Financing receivable, percent past due	4.70%	4.40%
Contractual basis | 91 or more days past due | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 3,602,360	$ 4,590
Contractual basis | 91 or more days past due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	8,006,176	8,696,744
Contractual basis | 91 or more days past due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,960,107	5,341,799
Contractual basis | 91 or more days past due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	7,441,382	7,402,120
Contractual basis | 91 or more days past due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	8,780,510	8,960,865
Contractual basis | 91 or more days past due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	26,534,106	25,674,509
Contractual basis | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	136,213,919	131,483,516
Unearned interest, insurance and fees	(30,676,288)	(30,162,080)
Total net loans	105,537,631	101,321,436
Contractual basis | Total Past Due | TALs
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	4,641,826	4,947,347
Contractual basis | Total Past Due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	16,747,868	18,126,877
Contractual basis | Total Past Due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	11,197,785	10,696,456
Contractual basis | Total Past Due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	17,576,933	16,462,182
Contractual basis | Total Past Due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	20,498,417	19,785,023
Contractual basis | Total Past Due | 60+ months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Gross loans receivable	$ 65,551,090	$ 61,465,631

LOANS RECEIVABLE AND ALLOWAN_10

LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Nonaccrual) (Details) - USD ($)	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2024
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	$ (6,064,388)	$ (6,298,480)
Financing receivable, nonaccrual	69,141,602		$ 70,746,701
Interest Income Recognized	2,730,140	3,615,689
Nonaccrual status
Financing Receivable, Nonaccrual [Line Items]
Unearned interest, insurance and fees	(24,313,956)		(24,643,778)
0 to 5 months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(1,147,060)	(1,147,128)
Financing receivable, nonaccrual	12,338,965		13,971,062
Interest Income Recognized	198,802	326,773
6 to 17 months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(767,769)	(717,671)
Financing receivable, nonaccrual	7,968,045		8,507,503
Interest Income Recognized	235,464	476,870
18 to 35 months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(870,532)	(1,007,900)
Financing receivable, nonaccrual	12,524,214		12,569,729
Interest Income Recognized	361,284	464,668
36 to 59 months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(591,258)	(963,733)
Financing receivable, nonaccrual	14,837,127		15,250,596
Interest Income Recognized	471,665	609,507
60+ months
Financing Receivable, Nonaccrual [Line Items]
Uncollected accrued interest reversed	(2,687,769)	(2,462,048)
Financing receivable, nonaccrual	45,787,207		$ 45,091,589
Interest Income Recognized	$ 1,462,925	$ 1,737,871

LEASES (Narrative) (Details)

LEASES (Narrative) (Details)	Jun. 30, 2024	Mar. 31, 2024
Lessee, Lease, Description [Line Items]
Effective interest rate		9.90%
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
	Jun. 30, 2024	Jun. 30, 2023
Leases [Abstract]
Operating lease cost	$ 6,179,179	$ 6,141,171
Variable lease cost	1,088,833	1,030,675
Total lease cost	7,268,012	7,171,846
Operating cash flows for amounts included in the measurement of lease liabilities — operating leases	6,288,260	6,324,218
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 5,876,619	$ 3,046,251
Weighted average remaining lease term — operating leases	6 years 8 months 12 days	7 years 1 month 6 days
Weighted-average discount rate — operating leases	6.40%	6.10%

LEASES (Aggregate Annual Lease

LEASES (Aggregate Annual Lease Obligations) (Details) - USD ($)	Jun. 30, 2024	Mar. 31, 2024
Operating Leases
Remainder of 2025	$ 17,584,266
2026	20,369,096
2027	16,013,979
2028	12,940,749
2029	9,224,712
Thereafter	26,848,053
Total undiscounted lease liability	102,980,855
Imputed interest	19,844,451
Total discounted lease liability	$ 83,136,404	$ 81,920,865

AVERAGE SHARE INFORMATION (Deta

AVERAGE SHARE INFORMATION (Details) - shares	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Basic:
Weighted average common shares outstanding (in shares)	5,480,205	5,772,733
Diluted:
Weighted average common shares outstanding (in shares)	5,480,205	5,772,733
Dilutive potential common shares (in shares)	87,613	118,566
Weighted average diluted shares outstanding (in shares)	5,567,818	5,891,299
Anti-dilutive shares (in shares)	259,355	309,371

STOCK-BASED COMPENSATION (Narra

STOCK-BASED COMPENSATION (Narrative) (Details)	3 Months Ended			9 Months Ended
	Jun. 30, 2024 USD ($) installment shares	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2023 $ / shares shares	Mar. 31, 2024 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (in shares) | shares	268,670
Vesting percentage	100%
Stock-based compensation (reversal) related to equity classified awards	$ (1,063,845)		$ 1,412,698
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
Options outstanding (in shares) | shares	252,806				267,947
Total unrecognized stock-based compensation expense related to non-vested stock options	$ 300,000
Weighted average period for recognition	1 year 1 month 6 days
Stock-based compensation (reversal) related to equity classified awards	$ 143,720		313,347
Employee Stock Option | Scenario 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares) | shares	37,844
Employee Stock Option | Scenario 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares) | shares	102,925
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
Awards granted (in shares) | shares	0			3,993
Grant date fair value (in dollars per share) | $ / shares				$ 120.12
Unvested restricted stock awards	$ 700,000
Stock based compensation expense (reversal)	600,000
Stock-based compensation (reversal) related to equity classified awards	(1,207,565)		$ 1,099,351
Forfeiture credit	$ 1,800,000
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	4 months 24 days
Stock based compensation expense (reversal)		$ (4,900,000)

STOCK-BASED COMPENSATION (Share

STOCK-BASED COMPENSATION (Share and Options Performance Targets) (Details)	3 Months Ended
	Jun. 30, 2024 $ / 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 (Stock

STOCK-BASED COMPENSATION (Stock Option Activity and Intrinsic Value) (Details) - Stock Options Plans - USD ($)	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Options Activity [Roll Forward]
Options outstanding, beginning of year (in shares)	267,947
Exercised (in shares)	(7,011)
Forfeited (in shares)	(6,699)
Expired (in shares)	(1,431)
Options outstanding, end of period (in shares)	252,806
Options exercisable, end of period (in shares)	112,037
Weighted Average Exercise Price
Options outstanding, beginning of year (in dollars per share)	$ 105.77
Exercised (in dollars per share)	97.90
Forfeited (in dollars per share)	102.13
Expired (in dollars per share)	207.51
Options outstanding, end of period (in dollars per share)	105.51
Options exercisable, end of period (in dollars per share)	$ 107.69
Stock Option Activity Additional Disclosures [Abstract]
Weighted-average remaining contractual term, options outstanding, end of period	4 years 9 months 18 days
Weighted-average remaining contractual terms, options exercisable, end of period	4 years 8 months 12 days
Aggregate intrinsic value, options outstanding, end of period	$ 5,573,455
Aggregate intrinsic value, options exercisable, end of period	2,466,448
Intrinsic value of options exercised	256,797	$ 215,135
Tax benefit of options exercised	$ 62,915	$ 52,708

STOCK-BASED COMPENSATION (Compa

STOCK-BASED COMPENSATION (Company Restricted Stock and Total Stock-Based Compensation) (Details) - USD ($)	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Weighted Average Fair Value at Grant Date
Stock-based compensation (reversal) related to equity classified awards	$ (1,063,845)	$ 1,412,698
Restricted Stock
Shares
Outstanding at beginning of year (in shares)	388,577
Vested during the period (in shares)	(3,000)
Forfeited during the period (in shares)	(18,000)
Outstanding at end of period (in shares)	367,577
Weighted Average Fair Value at Grant Date
Outstanding at beginning period (in dollars per share)	$ 101.18
Vested during the period (in dollars per share)	100.79
Forfeited during the period (in dollars per share)	100.79
Outstanding at ending period (in dollars per share)	$ 101.20
Stock-based compensation (reversal) related to equity classified awards	$ (1,207,565)	1,099,351
Stock Options Plans
Weighted Average Fair Value at Grant Date
Stock-based compensation (reversal) related to equity classified awards	143,720	313,347
Equity Securities
Weighted Average Fair Value at Grant Date
Stock-based compensation (reversal) related to equity classified awards	$ (1,063,845)	$ 1,412,698

INTANGIBLE ASSETS - Schedule of

INTANGIBLE ASSETS - Schedule of Assets (Details) - USD ($)	Jun. 30, 2024	Mar. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 66,258,763	$ 66,258,763
Accumulated Amortization	(56,194,780)	(55,189,030)
Net Intangible Asset	10,063,983	11,069,733
Customer lists
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	55,730,620	55,730,620
Accumulated Amortization	(45,737,737)	(44,796,996)
Net Intangible Asset	9,992,883	10,933,624
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	10,528,143	10,528,143
Accumulated Amortization	(10,457,043)	(10,392,034)
Net Intangible Asset	$ 71,100	$ 136,109

INTANGIBLE ASSETS - Maturity Sc

INTANGIBLE ASSETS - Maturity Schedule (Details) $ in Millions	Jun. 30, 2024 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2025	$ 2.8
2026	3.2
2027	2.7
2028	0.9
2029	0.4
Thereafter	$ 0.1

DEBT (Narrative) (Details)

DEBT (Narrative) (Details) - USD ($)		3 Months Ended		12 Months Ended
	Sep. 27, 2021	Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2024
Line of Credit Facility [Line Items]
Letters of credit outstanding, amount		$ 725,800
Gain on extinguishment of senior unsecured notes payable		841,902	$ 435,885
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		21,800,000		$ 15,700,000
Debt issuance costs		200,000		200,000
Reacquisition price		21,000,000		$ 14,100,000
Gain on extinguishment of senior unsecured notes payable		800,000	$ 400,000
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%
Letter Of Credit, Worker's Compensation
Line of Credit Facility [Line Items]
Letters of credit outstanding, amount		300,000
Letters of Credit, Investment In Captive Insurance
Line of Credit Facility [Line Items]
Letters of credit outstanding, amount		425,800
Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity		580,000,000
Accordion feature		730,000,000
Amount outstanding		$ 241,700,000
Basis spread on variable rate (in hundredths)		0.10%
Interest rate, percentage		3.50%
Commitment fee percentage		0.50%
Unused borrowing capacity, fee		$ 500,000
Interest rate, effective percentage		10.10%		9.90%
Unused amount available		$ 337,500,000
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		2.25
Debt covenant, maximum collateral performance indicator percentage		26%
Fixed conversion ratio		2
Revolving Credit Facility | Scenario 2
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%

DEBT (Debt Maturities) (Details

DEBT (Debt Maturities) (Details)	Jun. 30, 2024 USD ($)
Debt Disclosure [Abstract]
Remainder of 2025	$ 0
2026	0
2027	494,727,745
2028	0
2029	0
Thereafter	0
Total future debt payments	$ 494,727,745

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2024
Income Tax Contingency [Line Items]
Total gross unrecognized tax benefits including interest	$ 1,100,000		$ 1,100,000
Unrecognized tax benefits	900,000		900,000
Gross unrecognized tax benefits, limitations and settlement with taxing authorities	400,000
Accrued gross interest	330,800
Gross interest expense	$ 13,800
Effective income tax rate reconciliation, percent	23.10%	22.80%
Historic Tax Credit Investment
Income Tax Contingency [Line Items]
Equity method investment	$ 32,700,000		$ 24,800,000
Historic tax credit investments amortization	4,100,000	$ 1,300,000
Tax benefits from these investments	$ 4,500,000	$ 1,500,000