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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 253,074 $ 253,021
Accounts receivable—trade, net 594,175 644,616
Accounts receivable—other, net 62,280 46,884
Inventories 99,021 139,690
Financing receivables—net, current 148,758 102,600
Deferred costs 67,945 59,449
Other current assets 51,445 27,269
Total current assets 1,276,698 1,273,529
Financing receivables and operating leases—net 87,636 79,435
Deferred tax asset 6,087 5,620
Property, equipment, and other assets—net 104,778 89,289
Goodwill 202,794 161,503
Other intangible assets—net 87,783 44,093
TOTAL ASSETS 1,765,776 1,653,469
Current liabilities:    
Accounts payable 313,046 315,676
Accounts payable—floor plan 115,744 105,104
Salaries and commissions payable 52,727 43,696
Deferred revenue 154,273 134,596
Non-recourse notes payable—current 24,173 23,288
Other current liabilities 36,848 34,630
Total current liabilities 696,811 656,990
Non-recourse notes payable—long-term 9,622 12,901
Other liabilities 97,003 81,799
TOTAL LIABILITIES 803,436 751,690
COMMITMENTS AND CONTINGENCIES (Note 10)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding 0 0
Common stock, $0.01 per share par value; 50,000 shares authorized; 26,703 outstanding at December 31, 2024, and 26,952 outstanding at March 31, 2024 276 274
Additional paid-in capital 192,087 180,058
Treasury stock, at cost, 880 shares at December 31, 2024, and 447 shares at March 31, 2024 (57,639) (23,811)
Retained earnings 825,760 742,978
Accumulated other comprehensive income—foreign currency translation adjustment 1,856 2,280
Total Stockholders’ Equity 962,340 901,779
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,765,776 $ 1,653,469