v3.26.1
Revision of Previously Issued Consolidated Financial Statements (Tables)
 12 Months Ended
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 assets1,007,627,647 860,594 1,008,488,241 
Deferred revenue (contract liability)— 3,349,571 3,349,571 
Total liabilities568,147,183 3,349,571 571,496,754 
Retained earnings173,053,986 (2,488,977)170,565,009 
Total shareholders' equity439,480,464 (2,488,977)436,991,487 
Total liabilities and shareholders' equity1,007,627,647 860,594 1,008,488,241 

Effect on Consolidated Statements of Operations
For the years ended March 31,
20252024
As Reported
Decrease
As RevisedAs 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 revenues564,841,465 (670,429)564,171,036 573,213,402 (402,954)572,810,448 
Income before income taxes111,985,377 (670,429)111,314,948 99,407,736 (402,954)99,004,782 
Income tax expense22,243,979 (171,753)22,072,226 22,062,509 (104,071)21,958,438 
Net income89,741,398 (498,676)89,242,722 77,345,227 (298,883)77,046,344 
Net income per common share16.54 (0.09)16.45 13.45 (0.05)13.40 
Net income per diluted share16.30 (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,
20252024
As ReportedDecreaseAs RevisedAs 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 31424,427,216 (1,990,301)422,436,915 385,226,737 (1,691,418)383,535,319 
Net income89,741,398 (498,676)89,242,722 77,345,227 (298,883)77,046,344 
Ending retained earnings at March 31173,053,986 (2,488,977)170,565,009 137,994,264 (1,990,301)136,003,963 
Ending shareholders' equity439,480,464 (2,488,977)436,991,487 424,427,216 (1,990,301)422,436,915 

Retained Earnings Adjustment Summary
Pre-TaxTax EffectAfter-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,
 20252024
As Reported
Increase (Decrease)
As RevisedAs 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