SEGMENT REPORTING (Tables)

12 Months Ended

Mar. 31, 2015

SEGMENT REPORTING [Abstract]

Segment Reporting Information, by Reportable Segment

Our financing segment consists of the financing of IT equipment, software and related services to commercial, state and local governments, and government contractors. Our reportable segment information was as follows (in thousands):

	Year Ended March 31,
	2015						2014						2013
	Technology		Financing		Total		Technology		Financing		Total		Technology		Financing		Total
Sales of product and services	$	1,100,884	$	-	$	1,100,884	$	1,013,374	$	-	$	1,013,374	$	936,228	$	-	$	936,228
Financing revenue		-		34,728		34,728		-		35,896		35,896		-		38,384		38,384
Fee and other income		7,565		105		7,670		8,037		229		8,266		6,949		1,551		8,500
Net sales		1,108,449		34,833		1,143,282		1,021,411		36,125		1,057,536		943,177		39,935		983,112
Cost of sales, product and services		887,673		-		887,673		827,875		-		827,875		767,447		-		767,447
Direct lease costs		-		11,062		11,062		-		12,748		12,748		-		10,892		10,892
Cost of sales		887,673		11,062		898,735		827,875		12,748		840,623		767,447		10,892		778,339
Professional and other fees		5,340		1,168		6,508		7,557		1,484		9,041		9,638		3,460		13,098
Salaries and benefits		128,945		9,141		138,086		113,481		9,670		123,151		100,447		10,516		110,963
General and administrative expenses		25,437		1,427		26,864		21,103		1,572		22,675		19,028		1,071		20,099
Interest and financing costs		96		2,283		2,379		84		1,864		1,948		89		1,779		1,868
Operating expenses		159,818		14,019		173,837		142,225		14,590		156,815		129,202		16,826		146,028
Operating income		60,958		9,752		70,710		51,311		8,787		60,098		46,528		12,217		58,745
Other income		-		7,603		7,603		-		-		-		-		-		-
Earnings before provision for income taxes	$	60,958	$	17,355	$	78,313	$	51,311	$	8,787	$	60,098	$	46,528	$	12,217	$	58,745
Depreciation and amortization	$	4,450	$	11,125	$	15,575	$	2,838	$	11,917	$	14,755	$	2,369	$	9,799	$	12,168
Purchases of property, equipment and operating lease equipment	$	3,610	$	8,306	$	11,916	$	4,238	$	5,714	$	9,952	$	1,401	$	14,183	$	15,584
Total assets	$	368,971	$	202,575	$	571,546	$	335,879	$	217,966	$	553,845	$	255,257	$	184,638	$	439,895

Geographical Information

The geographic information for the years ended March 31, 2015, 2014 and 2013 was as follows (in thousands):

	Year Ended March 31,
	2015		2014		2013
Net sales:
U.S.	$	1,124,371	$	1,042,446	$	964,996
Non U.S.		18,911		15,090		18,116
Total	$	1,143,282	$	1,057,536	$	983,112

	As of March 31,
	2015		2014
Long-lived tangible assets:
U.S.	$	22,550	$	24,596
Non U.S.		1,608		948
Total	$	24,158	$	25,544