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CONSOLIDATED STATEMENTS OF CASH FLOWS
12 Months Ended
Mar. 31, 2020
USD ($)
Mar. 31, 2019
USD ($)
Mar. 31, 2018
USD ($)
Cash flow from operating activities:      
Net income $ 28,157,478 $ 37,235,134 $ 53,690,018
Adjustments to reconcile net income to net cash provided by operating activities:      
Loss on sale of discontinued operations 0 38,377,623 0
Loss on assets held for sale 251,263 0 0
Amortization of intangible assets 5,010,626 1,527,656 990,399
Amortization of loan costs and discounts 517,499 592,549 865,727
Provision for loan losses 181,730,182 148,426,578 117,620,140
Depreciation 7,147,966 6,608,348 7,339,657
Loss (gain) on sale of property and equipment (339,259) 93,199 210,117
Deferred income tax benefit 572,914 (3,655,751) 8,785,432
Compensation related to stock option and restricted stock plans 28,952,161 17,635,309 5,434,619
Change in accounts:      
Other assets, net (8,602,646) 5,507,068 858,817
Income taxes payable (6,584,895) (2,547,222) 2,015,553
Accounts payable and accrued expenses 19,917,429 5,877,916 8,574,634
Net cash provided by operating activities 257,409,236 244,664,271 218,026,468
Cash flows from investing activities:      
Increase in loans receivable, net (183,482,267) (190,976,279) (143,373,549)
Net assets acquired from office acquisitions, primarily loans (47,100,694) (33,922,279) (15,586,411)
Increase in intangible assets from acquisitions (14,455,278) (10,223,508) (1,987,762)
Purchases of property and equipment, net (11,277,780) (9,805,084) (9,171,468)
Proceeds from Sale of Property, Plant, and Equipment 284,869 466,806 310,542
Proceeds from Divestiture of Businesses 0 37,494,505 0
Net cash used in investing activities (256,031,150) (206,965,839) (169,808,648)
Cash flow from financing activities:      
Borrowings from lines of credit 540,691,400 364,290,000 294,963,800
Payments on lines of credit (341,531,400) (357,250,000) (345,200,000)
Payments of Loan Costs 991,400 240,000 420,000
Proceeds from exercise of stock options 4,612,926 5,997,948 25,323,531
Payments Related to Tax Withholding for Share-based Compensation (4,476,159) (1,394,835) (1,517,357)
Repurchase of common stock (197,399,964) (74,519,863) (4,614,331)
Net cash used in financing activities 905,403 (63,116,750) (31,464,357)
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations 11,618,922 9,335,433 32,086,304
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations 11,618,922 9,335,433 12,473,833
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents 0 0 19,612,471
(Decrease) increase in cash and cash equivalents 2,283,489 (22,750,871) 16,885,894
Effects of foreign currency fluctuations on cash 0 2,667,447 132,431
Cash and cash equivalents at beginning of period 9,335,433 12,473,833 11,581,936
Cash and cash equivalents at end of period 11,618,922 9,335,433 12,473,833
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 23,942,122 16,835,789 17,696,711
Income Taxes Paid $ 15,711,692 23,259,590 38,741,119
Parent Company [Member]      
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses   $ 148,426,578 $ 130,979,129