XML 42 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Interest and fee income on finance receivables $ 21,723,072 $ 20,948,924 $ 43,055,586 $ 41,424,659
Expenses:        
Marketing 459,389 363,515 862,256 759,589
Salaries and employee benefits 5,120,649 4,831,559 10,341,829 9,683,009
Professional Fees 192,940 482,983 810,788 951,386
Administrative 2,473,775 2,255,856 4,849,899 4,388,399
Provision for credit losses 5,154,235 3,973,104 9,386,050 6,614,895
Dividend tax   69,538   142,557
Depreciation 93,541 76,819 184,124 152,154
Interest expense 1,485,193 1,442,898 2,933,778 2,847,804
Change in fair value of interest rate swap agreements (251,408) 249,616 (39,121) (583,643)
Total operating expenses 14,728,314 13,745,888 29,329,603 24,956,150
Operating income before income taxes 6,994,758 7,203,036 13,725,983 16,468,509
Income tax expense 2,665,057 2,886,484 4,487,094 6,451,464
Net income $ 4,329,701 $ 4,316,552 $ 9,238,889 $ 10,017,045
Earnings per share:        
Basic (in dollars per share) $ 0.36 $ 0.36 $ 0.76 $ 0.83
Diluted (in dollars per share) $ 0.35 $ 0.35 $ 0.75 $ 0.82
Dividends declared per share (in dollars per share)   $ 0.12   $ 0.24