Fair Value Measurements (Tables)

6 Months Ended

Sep. 30, 2012

Fair Value Measurements [Abstract]

Summary of the Fair Value and Carrying Value of Financial Instruments

	September 30, 2012						March 31, 2012
	Book			Estimated			Book		Estimated
	Value			Fair Value			Value		Fair Value
Cash and cash equivalents (1)	$	46,790		$	46,790		$	41,094	$	41,094
Restricted cash (1)		7,835			7,835			6,784		6,784
Investments (2)		15,743			15,743			14,202		14,202
Consumer loans receivable (3)		116,313			121,843			119,299		122,620
Interest rate lock commitment derivatives (4)		78			78			11		11
Forward loan sale commitment derivatives (4)		(20	)		(20	)		7		7
Inventory finance receivable (5)		27,312			27,312			24,681		24,681
Construction lending line (5)		1,041			1,041			4,550		4,550
Securitized financings (6)		86,722			86,523			91,475		94,765

⁽¹⁾  The fair value approximates book value due to the instruments’ short-term maturity.

⁽²⁾  The fair value is based on quoted market prices.

⁽³⁾  Includes consumer loans receivable held for investment, held for sale and construction advances. The fair value of the loans held for investment is based on the discounted value of the remaining principal and interest cash flows. The fair value of the loans held for sale are estimated based on September 30, 2012 GSE mortgage backed bond prices.

⁽⁴⁾  The fair values are based on changes in GSE mortgage backed bond prices and pull through rates.

⁽⁵⁾  The fair value approximates book value based on current market rates and the revolving nature of the instruments.

⁽⁶⁾  The fair value is estimated using recent transactions of asset-backed securities.

Summary of Assets Measured at Fair Value on a Recurring Basis

	As of September 30, 2012
	Total			Level 1		Level 2		Level 3
Securities issued by the U.S Treasury and Government (1)	$	1,367		$	—	$	1,367	$	—
Mortgage-backed securities (1)		5,185			—		5,185		—
Securities issued by states and political subdivisions (1)		1,460			—		1,460		—
Corporate debt securities (1)		3,640			—		3,640		—
Marketable equity securities (1)		4,091			4,091		—		—
Interest rate lock commitment derivatives (2)		78			—		—		78
Forward loan sale commitment derivatives (2)		(20	)		—		—		(20	)

⁽¹⁾  Unrealized gains or losses on investments are recorded in accumulated other comprehensive income (loss) at each measurement date.

⁽²⁾  Gains or losses on derivatives are recognized in current period earnings through cost of sales.

Summary of Assets and Liabilities Measured at Fair Value for Disclosure

	As of September 30, 2012
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	46,790	$	46,790	$	—	$	—
Restricted cash		7,835		7,835		—		—
Loans held for investment		110,960		—		—		110,960
Loans held for sale		5,502		—		5,502		—
Loans held—construction advances		5,381		—		—		5,381
Inventory finance receivable		27,312		—		—		27,312
Construction lending facility		1,041		—		1,041		—
Securitized financings		86,523		—		86,523		—