INCOME TAX |
6 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAX | 15. INCOME TAX: The effective tax rates for the three months ended September 30, 2026, and September 30, 2025, were 29.2% and negative 9.8%, respectively. The effective tax rates for the six months ended September 30, 2026 and September 30, 2025 were 27.1% and 2.0%, respectively. The increases in the effective tax rates were primarily due to changes in valuation allowance. In the fourth quarter of fiscal 2026, a federal and state valuation allowance release was recorded based on all available evidence, including sustained profitability in recent years, improved expectations of future taxable income, and the absence of significant negative evidence.
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