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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flow from operating activities:    
Net income (loss) $ (4,409,883) $ 35,537,652
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Loss on assets held for sale 0 38,633
Amortization of intangible assets 3,352,694 3,736,113
Amortization of historic tax credits 4,570,599 2,950,970
Accrued unearned interest (2,253,757) (15,537,322)
Amortization of deferred loan cost 12,187,196 11,892,564
Amortization of debt issuance costs 1,170,040 698,667
Provision for credit losses 214,051,068 128,767,870
Depreciation 4,648,277 4,721,570
Amortization of finance leases 204,552 305,718
Gain on asset acquisition, net of income tax (3,708,344) 0
Loss on sale of property and equipment 21,261 368,589
Deferred income tax benefit (3,665,493) (9,815,411)
Compensation related to stock option and restricted stock plans, net of taxes and adjustments 7,382,313 12,757,811
Change in accounts:    
Other assets, net (8,261,768) (9,058,328)
Income taxes payable/ receivable (10,174,212) (9,984,485)
Accounts payable and accrued expenses (9,241,015) 10,026,683
Net cash provided by operating activities 205,873,528 167,407,294
Cash flows from investing activities:    
Increase in loans receivable, net (189,511,989) (421,230,379)
Cash paid for acquisitions, primarily loans (22,314,902) (10,857,067)
Purchases of property and equipment (4,517,809) (4,480,906)
Proceeds from sale of assets held for sale 0 1,104,895
Proceeds from sale of property and equipment 349,792 186,145
Net cash used in investing activities (215,994,908) (435,277,312)
Cash flow from financing activities:    
Borrowings from senior notes payable 251,431,701 407,216,540
Payments on senior notes payable (221,914,242) (387,050,000)
Issuance of senior unsecured notes payable 0 300,000,000
Debt issuance costs associated with senior unsecured notes payable (104,656) (5,119,649)
Debt issuance costs associated with senior notes payable (1,115,136) 0
Proceeds from exercise of stock options 486,372 11,715,720
Payments for taxes related to net share settlement of equity awards (2,543,001) (5,072,230)
Repayment of finance lease (80,067) (439,048)
Repurchase of common stock (14,314,088) (50,460,130)
Net cash provided by financing activities 11,846,883 270,791,203
Net change in cash and cash equivalents 1,725,503 2,921,185
Cash and cash equivalents at beginning of period 19,236,322 15,746,454
Cash and cash equivalents at end of period 20,961,825 18,667,639
Supplemental Disclosures:    
Interest paid during the period 42,834,034 16,020,205
Income taxes paid during the period 10,772,869 26,884,025
Finance lease right-of-use assets, net transferred to property and equipment, net $ 402,960 $ 0