PROPERTY AND EQUIPMENT (Notes)

9 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT:

PROPERTY AND EQUIPMENT:

Property and equipment is summarized as follows (dollars in thousands):

	December 31, 2018		March 31, 2018
Leasehold improvements	16,920		15,635
Data processing equipment	35,727		39,938
Office furniture and other equipment	6,135		6,780
	58,782		62,353
Less accumulated depreciation and amortization	34,195		30,013
	$	24,587	$	32,340

Depreciation expense on property and equipment was $10.7 million and $8.9 million for the nine months ended December 31, 2018 and 2017, respectively. Depreciation expense for the nine months ended December 31, 2018

included $2.0 million of accelerated depreciation expense resulting from adjusting the remaining lives of certain data processing equipment.