Quarterly Information (Unaudited)

12 Months Ended

Mar. 31, 2024

Quarterly Financial Information Disclosure [Abstract]

The following sets forth selected quarterly operating data:


	Fiscal 2024								Fiscal 2023
	First		Second		Third		Fourth		First		Second		Third		Fourth
	(Dollars in thousands, except for earnings per share data)
Total revenues	$	139,324	$	136,875	$	137,749	$	159,265	$	157,918	$	151,258	$	146,533	$	160,837
Provision for credit losses	46,602		40,463		40,632		29,276		85,822		68,620		59,609		45,412
General and administrative expenses	68,125		62,948		65,909		71,619		71,650		69,694		64,951		73,178
Interest expense	12,242		12,543		11,690		11,757		11,174		13,032		14,070		12,185
Income tax expense (benefit)	2,816		4,839		2,853		11,555		(2,162)		549		2,097		5,430
Net income (loss)	$	9,539	$	16,082	$	16,665	$	35,058	$	(8,566)	$	(637)	$	5,806	$	24,632

Net income (loss) per common share:
Basic	$	1.65	$	2.78	$	2.89	$	6.19	$	(1.49)	$	(0.11)	$	1.01	4.27
Diluted	$	1.62	$	2.71	$	2.84	$	6.09	$	(1.49)	$	(0.11)	$	0.99	4.20

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.