Quarterly Information (Unaudited)

12 Months Ended

Mar. 31, 2023

Quarterly Financial Information Disclosure [Abstract]

The following sets forth selected quarterly operating data:


	Fiscal 2023								Fiscal 2022
	First		Second		Third		Fourth		First		Second		Third		Fourth
	(Dollars in thousands, except for earnings per share data)
Total revenues	$	157,918	$	151,258	$	146,532	$	160,837	$	129,659	$	137,827	$	149,046	$	168,656
Provision for credit losses	85,822		68,620		59,609		45,412		30,266		42,044		56,459		57,439
General and administrative expenses	73,174		71,218		66,475		68,607		73,351		74,989		74,703		76,934
Interest expense	11,174		13,032		14,070		12,185		5,501		6,714		10,166		11,044
Income tax expense (benefit)	(3,449)		(246)		619		8,990		4,770		1,641		391		4,857
Net income (loss)	$	(8,803)	$	(1,366)	$	5,759	$	25,643	$	15,771	$	12,439	$	7,327	$	18,382

Net income (loss) per common share:
Basic	$	(1.53)	$	(0.24)	$	1.00	$	4.44	$	2.56	$	2.04	$	1.20	3.10
Diluted	$	(1.53)	$	(0.24)	$	0.98	$	4.37	$	2.44	$	1.94	$	1.14	2.97

The Company's highest loan demand occurs generally from October through December, its third fiscal quarter. Loan demand is generally lowest and loan repayment highest from January to March, its fourth fiscal quarter. Consequently, the Company experiences significant seasonal fluctuations in its operating results and cash needs. Operating results from the Company's third fiscal quarter are generally lower than in other quarters and operating results for its fourth fiscal quarter are generally higher than in other quarters.