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Segments (Notes) | 6 Months Ended
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Sep. 30, 2017
Segment Reporting Information [Line Items] |
Segment Reporting Disclosure [Text Block] | NOTE 11 – SEGMENTS At March 31, 2017 only the U.S. operating segment met one or more of the quantitative thresholds that trigger separately disclosed reporting as outlined in FASB Accounting Standards Codification 280, Segment Reporting. However, management believes separately disclosed information about the Mexico operating segment would be useful to readers of the financial statements. Therefore, the Company has two reportable segments, which are the U.S. and Mexico components. The following table presents operating results for the Company’s two reportable segments:
| Three months ended September 30, |  | Six months ended September 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Revenues: |  |  |  |  |  |  |
U.S. | $ | 118,929,051 |  |  | 118,611,404 |  |  | $ | 235,567,417 |  |  | 235,677,371 |
Mexico | 12,076,480 |  |  | 10,657,572 |  |  | 24,347,537 |  |  | 20,671,701 |
Consolidated revenues | 131,005,531 |  |  | 129,268,976 |  |  | 259,914,954 |  |  | 256,349,072 |
Provision for loan losses: |  |  |  |  |  |  |
U.S. | $ | 32,824,398 |  |  | 34,429,489 |  |  | $ | 60,534,025 |  |  | 63,347,983 |
Mexico | 6,151,574 |  |  | 1,441,255 |  |  | 9,282,005 |  |  | 4,537,038 |
Consolidated provision for loan losses | 38,975,972 |  |  | 35,870,744 |  |  | 69,816,030 |  |  | 67,885,021 |
General and administrative expenses:(1) |  |  |  |  |  |  |
U.S. | $ | 58,937,002 |  |  | 57,825,252 |  |  | $ | 125,145,188 |  |  | 114,931,636 |
Mexico | 11,971,749 |  |  | 5,630,536 |  |  | 18,680,652 |  |  | 11,472,657 |
Consolidated general and administrative expenses | 70,908,751 |  |  | 63,455,788 |  |  | 143,825,840 |  |  | 126,404,293 |
Interest expense:(2) |  |  |  |  |  |  |
U.S. | $ | 4,790,744 |  |  | 5,518,878 |  |  | $ | 9,037,446 |  |  | 11,105,197 |
Mexico | — |  |  | — |  |  | — |  |  | — |
Consolidated interest expense | 4,790,744 |  |  | 5,518,878 |  |  | 9,037,446 |  |  | 11,105,197 |
Income tax expense (benefit): |  |  |  |  |  |  |
U.S. | $ | 7,984,523 |  |  | 7,788,477 |  |  | $ | 15,249,919 |  |  | 17,271,589 |
Mexico | (1,453,804 | ) |  | 1,143,624 |  |  | (881,312 | ) |  | 1,573,553 |
Consolidated income tax expense | 6,530,719 |  |  | 8,932,101 |  |  | 14,368,607 |  |  | 18,845,142 |
Net income (loss): |  |  |  |  |  |  |
U.S. | $ | 14,392,384 |  |  | 13,049,308 |  |  | $ | 25,600,839 |  |  | 29,020,966 |
Mexico | (4,593,039 | ) |  | 2,442,157 |  |  | (2,733,808 | ) |  | 3,088,453 |
Consolidated net income | 9,799,345 |  |  | 15,491,465 |  |  | 22,867,031 |  |  | 32,109,419 |
(1) | In accordance with transfer pricing agreements between the segments, the Mexico segment reimburses the U.S. segment for personnel-related and other administrative costs incurred by the U.S. segment for the benefit of the Mexico segment. For the three months ended September 30, 2017 and 2016 these charges totaled $3.8 million and $0.3 million, respectively. For the six months ended September 30, 2017 and 2016 these charges totaled $4.1 million and -$0.3 million ($0.8 million in charges net of approximately $1.1 million of expense reversal related to the retirement of the previous Senior Vice President of Mexico), respectively.
(2) | In accordance with the Company's revolving credit facility, substantially all of the Company’s assets, excluding the Company’s Mexico subsidiaries, are pledged as collateral. Any working capital contributions made by the U.S. segment to the Mexico segment are treated as contributions of capital. Therefore, the Mexico segment incurs no interest expense.
The following table presents long-lived assets (other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets) for the Company’s two reportable segments:
|  | September 30, 2017 |  | March 31, 2017
Total long-lived assets |  |  |  |
U.S. |  | $ | 21,101,522 |  |  | 20,724,777 |
Mexico |  | 3,256,154 |  |  | 3,459,430 |
Consolidated total long-lived assets |  | 24,357,676 |  |  | 24,184,207 |
The following table presents total assets for the Company’s two reportable segments:
|  | September 30, 2017 |  | March 31, 2017
Total assets |  |  |  |
U.S. |  | $ | 786,140,414 |  |  | 730,985,558 |
Mexico |  | 70,928,716 |  |  | 69,603,217 |
Consolidated total assets |  | 857,069,130 |  |  | 800,588,775 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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