Segments (Notes)

3 Months Ended

Jun. 30, 2017

Segment Reporting Information [Line Items]

Segment Reporting Disclosure [Text Block]

NOTE 11 – SEGMENTS

At March 31, 2017 only the U.S. operating segment met one or more of the quantitative thresholds that trigger separately disclosed reporting as outlined in FASB Accounting Standards Codification 280, Segment Reporting. However, management believes separately disclosed information about the Mexico operating segment would be useful to readers of the financial statements. Therefore, the Company has two reportable segments, which are the U.S. and Mexico components.

The following table presents operating results for the Company’s two reportable segments:

	Three months ended June 30,
	2017		2016
Revenues:
U.S.	$	116,638,366	117,065,967
Mexico	12,271,057		10,014,129
Consolidated revenues	128,909,423		127,080,096
Provision for loan losses:
U.S.	$	27,709,627	28,918,494
Mexico	3,130,431		3,095,783
Consolidated provision for loan losses	30,840,058		32,014,277
General and administrative expenses:(1)
U.S.	$	66,208,186	57,106,384
Mexico	6,708,903		5,842,121
Consolidated general and administrative expenses	72,917,089		62,948,505
Interest expense:(2)
U.S.	$	4,246,702	5,586,319
Mexico	—		—
Consolidated interest expense	4,246,702		5,586,319
Income tax expense:
U.S.	$	7,265,396	9,483,112
Mexico	572,492		429,929
Consolidated income tax expense	7,837,888		9,913,041
Net income:
U.S.	$	11,208,455	15,971,658
Mexico	1,859,231		646,296
Consolidated net income	13,067,686		16,617,954

⁽¹⁾  In accordance with transfer pricing agreements between the segments, the Mexico segment reimburses the U.S. segment for personnel-related and other administrative costs incurred by the U.S. segment for the benefit of the Mexico segment. For the three months ended June 30, 2017 and 2016 these charges totaled $0.3 million, and -$0.6 million ($0.5 million in charges net of approximately $1.1 million of expense reversal related to the retirement of the previous Senior Vice President of Mexico), respectively.

⁽²⁾  In accordance with the Company's revolving credit facility, substantially all of the Company’s assets, excluding the Company’s Mexico subsidiaries, are pledged as collateral. Any working capital contributions made by the U.S. segment to the Mexico segment are treated as contributions of capital. Therefore, the Mexico segment incurs no interest expense.

The following table presents long-lived assets (other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets) for the Company’s two reportable segments:

	June 30, 2017		March 31, 2017
Total long-lived assets
U.S.	$	20,948,200	20,724,777
Mexico	3,452,425		3,459,430
Consolidated total long-lived assets	24,400,625		24,184,207

The following table presents total assets for the Company’s two reportable segments:

	June 30, 2017		March 31, 2017
Total assets
U.S.	$	752,065,326	730,985,558
Mexico	74,698,544		69,603,217
Consolidated total assets	826,763,870		800,588,775