XML 12 R1.htm IDEA: XBRL DOCUMENT v3.24.2
Cover Page - USD ($)
$ in Millions
 12 Months Ended
Mar. 31, 2024
Jun. 28, 2024
Sep. 30, 2023
Document Information [Line Items]      
Entity Registrant Name NICHOLAS FINANCIAL, INC.    
Entity Central Index Key 0001000045    
Entity Current Reporting Status Yes    
Entity Voluntary Filers No    
Current Fiscal Year End Date --03-31    
Entity Filer Category Non-accelerated Filer    
Entity Well-known Seasoned Issuer No    
Document Type 10-K/A    
Document Annual Report true    
Document Transition Report false    
Document Period End Date Mar. 31, 2024    
Amendment Flag true    
Document Fiscal Year Focus 2024    
Document Fiscal Period Focus FY    
Entity Small Business true    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag false    
Entity Shell Company false    
Document Financial Statement Error Correction [Flag] false    
Entity Interactive Data Current Yes    
Entity File Number 0-26680    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 59-2506879    
Entity Address, Address Line One 26133 US Hwy 19 North, Suite 300    
Entity Address, City or Town Clearwater    
Entity Address, State or Province FL    
Entity Address, Postal Zip Code 33763    
City Area Code 727    
Local Phone Number 726-0763    
Title of 12(b) Security Common Stock, $0.01 par value per share    
Trading Symbol NICK    
Security Exchange Name NASDAQ    
Documents Incorporated by Reference [Text Block] None.    
Entity Public Float     $ 34.8
Entity Common Stock, Shares Outstanding   12,700,000  
Amendment Description The purpose of this Amendment No. 1 on Form 10-K/A (this “Amendment”) is to amend and restate Part III, Items 10 through 14, of the previously filed Annual Report on Form 10-K of Nicholas Financial, Inc. (the “Company”) for the fiscal year ended March 31, 2024, filed with the Securities and Exchange Commission (the “SEC”) on July 1, 2024 (the “Original Form 10-K”), to include information previously omitted in reliance on General Instruction G to Form 10-K, which provides that registrants may incorporate by reference certain information from a definitive proxy statement prepared in connection with the election of directors. The Company has determined to include such Part III information by amendment of the Original Form 10-K rather than incorporation by reference to the proxy statement. Accordingly, Part III of the Original Form 10-K is hereby amended and restated as set forth below. In addition, as required by Rule 12b-15 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), new certifications by the Company’s principal executive officer and principal financial officer are filed herewith as exhibits to this Amendment, under Item 15 hereof. Except as described above, no other portion of the Original Form 10-K is being amended and this Amendment does not reflect any events occurring after the filing of the Original Form 10-K. Among other things, forward-looking statements made in the Original Form 10-K have not been revised to reflect events that occurred or facts that became known to us after the filing of the Original Form 10-K, and such forward-looking statements should be read in their historical context. Accordingly, this Amendment should be read together with the Original Form 10-K and the Company’s other filings made with the SEC.