PROPERTY AND EQUIPMENT

3 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT:

Property and equipment is summarized as follows (dollars in thousands):

	June 30, 2024		March 31, 2024
Leasehold improvements	$	14,336	$	14,147
Data processing equipment	5,889		5,915
Office furniture and other equipment	5,188		5,332
	25,413		25,394
Less accumulated depreciation and amortization	(17,717)		(17,213)
Property and equipment, net of accumulated depreciation and amortization	$	7,696	$	8,181

Depreciation expense on property and equipment was $0.7 million and $0.8 million for the three months ended June 30, 2024 and 2023, respectively.