SEGMENT REPORTING

3 Months Ended

Jun. 30, 2012

SEGMENT REPORTING [Abstract]

SEGMENT REPORTING

15.  SEGMENT REPORTING

We manage our business segments on the basis of the products and services offered. Our reportable segments consist of our Technology Sales Business Segment and our Financing Business Segment. The technology sales business segment sells information technology equipment and software and related services primarily to corporate customers on a nationwide basis. The Technology Sales Business Segment also provides Internet-based business-to-business supply chain management solutions for information technology and other operating resources. The Financing Business Segment offers lease-financing solutions to corporations and governmental entities nationwide. We evaluate segment performance on the basis of total revenue, segment earnings and earnings before provision for income taxes.

Both segments utilize our proprietary software and services within the organization. Sales and services and related costs of our software are included in the technology sales business segment. Our reportable segment information is as follows (in thousands):

	Three months ended June 30, 2012						Three months ended June 30, 2011
	Technology Sales Business Segment		Financing Business Segment		Total		Technology Sales Business Segment		Financing Business Segment		Total
Sales of product and services	$	234,282	$	-	$	234,282	$	169,321	$	-	$	169,321
Financing revenues		-		7,900		7,900		-		7,434		7,434
Fee and other income		2,002		540		2,542		1,909		235		2,144
Total revenues		236,284		8,440		244,724		171,230		7,669		178,899
Cost of sales		194,391		-		194,391		140,674		-		140,674
Direct lease costs		-		2,408		2,408		-		2,096		2,096
Professional and other fees		2,503		610		3,113		2,075		350		2,425
Salaries and benefits		24,082		2,272		26,354		20,663		2,343		23,006
General and administrative expenses		4,438		52		4,490		3,767		266		4,033
Interest and financing costs		31		374		405		20		362		382
Total costs and expenses		225,445		5,716		231,161		167,199		5,417		172,616
Earnings before provision for income taxes	$	10,839	$	2,724	$	13,563	$	4,031	$	2,252	$	6,283
Assets	$	258,505	$	188,325	$	446,830	$	203,819	$	190,975	$	394,794