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v3.26.1

Revision of Previously Issued Consolidated Financial Statements (Tables) | 12 Months Ended
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Mar. 31, 2026
Accounting Changes and Error Corrections [Abstract] |
Schedule of Error Corrections and Prior Period Adjustments | The effect of the revision on the Company's previously issued consolidated financial statements for each financial statement line item affected is presented in the tables below: Effect on Consolidated Balance Sheets
| As of March 31, 2025 |  |
| As Reported |  | Increase (Decrease) |  | As Revised |  |  |  |  |  |
Deferred income taxes, net | $ | 33,291,074 |  |  | $ | 860,594 |  |  | $ | 34,151,668 |  |  |  |  |  |  |
Total assets | 1,007,627,647 |  |  | 860,594 |  |  | 1,008,488,241 |  |  |  |  |  |  |
Deferred revenue (contract liability) | — |  |  | 3,349,571 |  |  | 3,349,571 |  |  |  |  |  |  |
Total liabilities | 568,147,183 |  |  | 3,349,571 |  |  | 571,496,754 |  |  |  |  |  |  |
Retained earnings | 173,053,986 |  |  | (2,488,977) |  |  | 170,565,009 |  |  |  |  |  |  |
Total shareholders' equity | 439,480,464 |  |  | (2,488,977) |  |  | 436,991,487 |  |  |  |  |  |  |
Total liabilities and shareholders' equity | 1,007,627,647 |  |  | 860,594 |  |  | 1,008,488,241 |  |  |  |  |  |  |
Effect on Consolidated Statements of Operations
| For the years ended March 31,
| 2025 |  | 2024
| As Reported |  | Decrease |  | As Revised |  | As Reported |  | Decrease |  | As Revised
Insurance and other income, net1 | $ | 99,750,948 |  |  | $ | (670,429) |  |  | $ | 99,080,519 |  |  | $ | 104,685,541 |  |  | $ | (402,954) |  |  | $ | 104,282,587 |
Total revenues | 564,841,465 |  |  | (670,429) |  |  | 564,171,036 |  |  | 573,213,402 |  |  | (402,954) |  |  | 572,810,448 |
Income before income taxes | 111,985,377 |  |  | (670,429) |  |  | 111,314,948 |  |  | 99,407,736 |  |  | (402,954) |  |  | 99,004,782 |
Income tax expense | 22,243,979 |  |  | (171,753) |  |  | 22,072,226 |  |  | 22,062,509 |  |  | (104,071) |  |  | 21,958,438 |
Net income | 89,741,398 |  |  | (498,676) |  |  | 89,242,722 |  |  | 77,345,227 |  |  | (298,883) |  |  | 77,046,344 |
Net income per common share | 16.54 |  |  | (0.09) |  |  | 16.45 |  |  | 13.45 |  |  | (0.05) |  |  | 13.40 |
Net income per diluted share | 16.30 |  |  | (0.09) |  |  | 16.21 |  |  | 13.19 |  |  | (0.05) |  |  | 13.14 |
Effect on Consolidated Statements of Shareholders Equity
| As of and for the years ended March 31,
| 2025 |  | 2024
| As Reported |  | Decrease |  | As Revised |  | As Reported |  | Decrease |  | As Revised
Opening retained earnings at March 31 | $ | 137,994,264 |  |  | $ | (1,990,301) |  |  | $ | 136,003,963 |  |  | $ | 97,154,898 |  |  | $ | (1,691,418) |  |  | $ | 95,463,480 |
Opening shareholders' equity at March 31 | 424,427,216 |  |  | (1,990,301) |  |  | 422,436,915 |  |  | 385,226,737 |  |  | (1,691,418) |  |  | 383,535,319 |
Net income | 89,741,398 |  |  | (498,676) |  |  | 89,242,722 |  |  | 77,345,227 |  |  | (298,883) |  |  | 77,046,344 |
Ending retained earnings at March 31 | 173,053,986 |  |  | (2,488,977) |  |  | 170,565,009 |  |  | 137,994,264 |  |  | (1,990,301) |  |  | 136,003,963 |
Ending shareholders' equity | 439,480,464 |  |  | (2,488,977) |  |  | 436,991,487 |  |  | 424,427,216 |  |  | (1,990,301) |  |  | 422,436,915 |
Retained Earnings Adjustment Summary
| Pre-Tax |  | Tax Effect |  | After-Tax
Errors through fiscal 2023 - adjustment to opening retained earnings as of April 1, 2023 | $ | (2,276,188) |  |  | $ | 584,770 |  |  | $ | (1,691,418) |
Fiscal 2024 | (402,954) |  |  | 104,071 |  |  | (298,883) |
Fiscal 2025 | (670,429) |  |  | 171,753 |  |  | (498,676) |
Fiscal 2026 | (575,958) |  |  | 147,299 |  |  | (428,659) |
Total | $ | (3,925,529) |  |  | $ | 1,007,893 |  |  | $ | (2,917,636) |
Effect on Consolidated Statements of Cash Flows
| For the years ended March 31,
| 2025 |  | 2024
| As Reported |  | Increase (Decrease) |  | As Revised |  | As Reported |  | Increase (Decrease) |  | As Revised
Cash flow from operating activities: |  |  |  |  |  |  |  |  |  |
Net income | $ | 89,741,398 |  |  | $ | (498,676) |  |  | $ | 89,242,722 |  |  | $ | 77,345,227 |  |  | $ | (298,883) |  |  | $ | 77,046,344 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |
Change in accounts: |  |  |  |  |  |  |  |  |  |  |
Deferred income tax expense (benefit) | (2,348,230) |  |  | $ | (171,753) |  |  | (2,519,983) |  |  | 10,737,604 |  |  | (104,071) |  |  | 10,633,533 |
Deferred revenue (contract liability) | — |  |  | $ | 670,429 |  |  | 670,429 |  |  | — |  |  | 402,954 |  |  | 402,954 |
Net cash provided by operating activities | 254,163,602 |  |  | $ | — |  | — |  | 254,163,602 |  |  | 265,783,366 |  |  | — |  |  | 265,783,366 |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-7 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-8 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-9 + Details
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