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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flow from operating activities:    
Net income $ 28,210,920 $ 28,908,269
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on assets held for sale 38,633 0
Amortization of intangible assets 2,460,329 2,668,246
Amortization of investment in historic tax credits 1,955,692 868,192
Amortization of debt issuance costs 301,996 315,015
Provision for credit losses 72,309,337 51,751,027
Depreciation 3,355,606 3,477,512
Loss on sale of property and equipment 337,181 34,058
Deferred income tax expense (benefit) (9,255,272) 1,218,798
Compensation related to stock option and restricted stock plans, net of taxes and adjustments 8,449,138 9,610,243
Change in accounts:    
Other assets, net (5,887,792) 1,984,942
Income taxes payable (3,317,691) (242,285)
Accounts payable and accrued expenses 11,632,237 (20,387,516)
Net cash provided by operating activities 110,590,314 80,206,501
Cash flows from investing activities:    
Increase in loans receivable, net (239,168,631)  
Increase in loans receivable, net   19,745,335
Net assets acquired from acquisitions, primarily loans (9,631,112) (5,786,847)
Increase in intangible assets from acquisitions (1,228,872) (1,150,091)
Purchases of property and equipment (3,382,481) (4,760,009)
Proceeds from sale of assets held for sale 1,104,895 0
Proceeds from sale of property and equipment 153,100 2,947,225
Net cash provided by (used in) investing activities (252,153,101) 10,995,613
Cash flow from financing activities:    
Borrowings from senior notes payable 239,248,253 144,676,750
Payments on senior notes payable (368,550,000) (170,876,750)
Issuance of senior unsecured notes payable 300,000,000 0
Debt issuance costs associated with senior unsecured notes payable (5,113,826) 0
Debt issuance costs associated with senior notes payable 0 (376,750)
Proceeds from exercise of stock options 8,682,578 1,006,825
Payments for taxes related to net share settlement of equity awards (150,213) (284,079)
Repayment of finance lease (301,721) (292,201)
Repurchase of common stock (31,112,523) (62,686,925)
Net cash provided by (used in) financing activities 142,702,548 (88,833,130)
Net change in cash and cash equivalents 1,139,761 2,368,984
Cash and cash equivalents at beginning of period 15,746,454 11,618,922
Cash and cash equivalents at end of period 16,886,215 13,987,906
Supplemental Disclosures:    
Interest paid during the period 11,251,918 11,283,327
Income taxes paid during the period $ 19,204,025 $ 8,731,860