Benefit Plans (Tables)
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12 Months Ended |
Mar. 31, 2026 |
| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Performance Shares, Activity |
The Performance Share performance targets were set forth below.
| | | | | | Trailing 4-Quarter EPS Targets for September 30, 2018 through March 31, 2025 | Restricted Stock Eligible for Vesting (Percentage of Award) | | $16.35 | 40% | | $20.45 | 60% |
The 2025 Performance Shares performance target is set forth below.
| | | | | | Trailing 4-Quarter EPS Targets for July 1, 2025 through March 31, 2027 | Restricted Stock Eligible for Vesting (Percentage of Award) | | $18.40 | 100% |
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| Schedule of Weighted-Average Assumptions |
This fair value was estimated at grant date using the weighted-average assumptions listed below. | | | | | | | | | | | | | | | | | | | | 2026 | | 2025 | | 2024 | | Dividend yield | — | % | | — | % | | — | % | | Expected volatility | 55.37 | % | | 59.50 | % | | 62.55 | % | | Average risk-free interest rate | 3.60 | % | | 4.38 | % | | 4.69 | % | | Expected life | 4.4 years | | 4.5 years | | 4.6 years |
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| Schedule of Stock Option Activity |
Option activity for the year ended March 31, 2026 was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Shares | | Weighted Average Exercise Price | | Weighted Average Remaining Contractual Term | | Aggregate Intrinsic Value | | Options outstanding, beginning of year | 169,154 | | | $ | 111.55 | | | | | | | Granted | 416 | | | 179.28 | | | | | | | Exercised | (26,609) | | | 102.89 | | | | | | | Forfeited | (7,218) | | | 111.78 | | | | | | | Expired | (934) | | | 189.45 | | | | | | | Options outstanding, end of period | 134,809 | 4 | | $ | 112.92 | | | 4.68 | | $ | 3,637,710 | | | Options exercisable, end of period | 112,772 | | | $ | 112.63 | | | 3.90 | | $ | 3,155,485 | |
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| Schedule of Intrinsic Value of Options Exercised |
The total intrinsic value and tax benefit of options exercised during the years ended March 31, 2026, 2025, and 2024 were as follows: | | | | | | | | | | | | | | | | | | | 2026 | | 2025 | | 2024 | | Intrinsic value of options exercised | $1,551,760 | | $961,758 | | $1,556,871 | | Tax benefit of options exercised | $380,181 | | $235,631 | | $381,433 |
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| Schedule of the Status and Changes Restricted Stock |
A summary of the status of the Company’s restricted stock as of March 31, 2026 and changes during the year ended March 31, 2026, are presented below: | | | | | | | | | | | | | | Shares | | Weighted Average Fair Value at Grant Date | | | | | | Outstanding at March 31, 2025 | 159,683 | | | $ | 105.52 | | | Granted during the period | 183,500 | | | 156.72 | | | Vested during the period | (166,652) | | | 107.99 | | | Forfeited during the period | (4,031) | | | 145.99 | | | Outstanding at March 31, 2026 | 172,500 | | | $ | 156.65 | |
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| Schedule of Share-based Compensation Included as a Component of Net Income |
Total stock-based compensation included as a component of personnel expenses in the Company's Consolidated Statements of Operations during the years ended March 31, 2026, 2025, and 2024 was as follows: | | | | | | | | | | | | | | | | | | | | 2026 | | 2025 | | 2024 | | Stock-based compensation related to equity classified units: | | | | | | | Stock-based compensation (reversal) related to stock options | $ | 1,017,145 | | | $ | 607,275 | | | $ | (3,754,209) | | | Stock-based compensation (reversal) related to restricted stock | 18,325,357 | | | (20,296,243) | | | 2,071,122 | | | Total stock-based compensation related to equity classified awards | $ | 19,342,502 | | | $ | (19,688,968) | | | $ | (1,683,087) | |
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