PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Mar. 31, 2026

The estimated depreciable lives of the principal property and equipment classifications are as follows:


Principal Property and Equipment Classification			Estimated Useful Life
Furniture, fixtures, and equipment			3 - 10 years
Leasehold improvements			Lease term or 10 years
Buildings			30 years
Aircraft, engines, and related rotable parts			4 - 5 years

Property and equipment consisted of the following (in thousands):


	Year Ended March 31,
	2026		2025
Furniture, fixtures and equipment	$	10,983	$	7,282
Leasehold improvements	9,011		8,393
Land and buildings	27,348		13,850
Aircraft, engines, and related rotable parts	133,253		—
	180,595		29,525
Accumulated depreciation	(18,571)		(9,240)
Property and equipment, net	$	162,024	$	20,285