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PROPERTY AND EQUIPMENT:
 9 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT: PROPERTY AND EQUIPMENT:
Property and equipment is summarized as follows (dollars in thousands):
December 31, 2021March 31, 2021
Leasehold improvements$27,375 $26,024 
Data processing equipment9,866 9,053 
Office furniture and other equipment9,425 9,207 
46,666 44,284 
Less accumulated depreciation and amortization36,080 32,327 
Property and equipment, net of accumulated depreciation and amortization$10,586 $11,957 

Depreciation expense on property and equipment was $4.2 million and $7.0 million for the nine months ended December 31, 2021 and 2020, respectively.