v3.26.1
PROPERTY AND EQUIPMENT
 12 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment consisted of the following (in thousands):
Year Ended March 31,
20262025
Furniture, fixtures and equipment$10,983 $7,282 
Leasehold improvements9,011 8,393 
Land and buildings27,348 13,850 
Aircraft, engines, and related rotable parts133,253 — 
180,595 29,525 
Accumulated depreciation(18,571)(9,240)
Property and equipment, net$162,024 $20,285 

During the fiscal years ended March 31, 2026 and 2025, depreciation on property and equipment amounted to $10.2 million and $1.7 million, respectively.