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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 389,375 $ 253,021
Accounts receivable—trade, net 517,114 644,616
Accounts receivable—other, net 53,803 46,884
Inventories 120,440 139,690
Financing receivables—net, current 169,025 102,600
Deferred costs 66,769 59,449
Other current assets 47,264 27,269
Total current assets 1,363,790 1,273,529
Financing receivables and operating leases—net 127,518 79,435
Deferred tax asset 3,658 5,620
Property, equipment, and other assets—net 104,974 89,289
Goodwill 202,858 161,503
Other intangible assets—net 82,007 44,093
TOTAL ASSETS 1,884,805 1,653,469
Current liabilities:    
Accounts payable 451,734 315,676
Accounts payable—floor plan 89,527 105,104
Salaries and commissions payable 45,031 43,696
Deferred revenue 152,780 134,596
Non-recourse notes payable—current 27,456 23,288
Other current liabilities 31,355 34,630
Total current liabilities 797,883 656,990
Non-recourse notes payable—long-term 11,317 12,901
Deferred tax liability—long-term 1,454 0
Other liabilities 96,528 81,799
TOTAL LIABILITIES 907,182 751,690
COMMITMENTS AND CONTINGENCIES (Note 10)
Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding 0 0
Common stock, $0.01 per share par value; 50,000 shares authorized; 26,526 outstanding at March 31, 2025 and 26,952 outstanding at March 31, 2024 276 274
Additional paid-in capital 193,698 180,058
Treasury stock, at cost, 1,056 shares at March 31, 2025 and 447 shares at March 31, 2024 (70,748) (23,811)
Retained earnings 850,956 742,978
Accumulated other comprehensive income—foreign currency translation adjustment 3,441 2,280
Total Stockholders’ Equity 977,623 901,779
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,884,805 $ 1,653,469