| Cash Flow | 2026-03-31 |
|---|---|
| Net income | 34,586,024 |
| Amortization of intangible assets | 3,185,166 |
| Accrued unearned interest | 2,290,244 |
| Loss (gain) on extinguishment of senior unsecured notes payable | -3,703,866 |
| Amortization of deferred loan costs | -14,931,642 |
| Amortization of debt issuance costs | 1,565,416 |
| Amortization of discount on loans acquired in an asset purchase | -358,841 |
| Provision for credit losses | 188,602,351 |
| Depreciation | 5,801,853 |
| Gain on asset acquisitions, net of income tax | 0 |
| Gain on sale of property and equipment | 376,948 |
| Deferred income tax expense (benefit) | -7,089,590 |
| Stock-based compensation (reversal) related to equity classified awards | 19,342,502 |
| Gain on company-owned life insurance | 156,823 |
| Other assets, net | -5,515,111 |
| Income taxes payable and receivable | -2,643,313 |
| Deferred revenue (contract liability) | 575,958 |
| Accounts payable and accrued expenses | -5,535,241 |
| Net cash provided by operating activities | 259,358,889 |
| Originations of loans receivable | 1,451,586,874 |
| Repayments of loans receivable | 1,221,793,844 |
| Cash paid for acquisitions, primarily loans | 0 |
| Purchases of property and equipment | 3,882,342 |
| Proceeds from sale of property and equipment | 792,611 |
| Net cash used in investing activities | -232,882,761 |
| Borrowings from revolving credit facility | 769,548,024 |
| Payments on revolving credit facility | 588,064,053 |
| Payments for extinguished senior unsecured notes payable | 188,290,771 |
| Borrowing on warehouse facility | 232,900,000 |
| Payments on warehouse facility | 89,606,645 |
| Payments for debt extinguishment costs | 26,450 |
| Debt issuance costs associated with revolving credit facility | 2,019,306 |
| Debt issuance costs associated with warehouse facility | 2,524,494 |
| Proceeds from exercise of stock options | 2,737,900 |
| Payments for taxes related to net share settlement of equity awards | 9,064,469 |
| Repurchase of common stock | 132,421,630 |
| Net cash used in financing activities | -6,831,894 |
| Net change in cash and restricted cash | 19,644,234 |
| Cash and restricted cash at beginning of year | 9,730,296 |
| Cash and restricted cash at end of year | 29,374,530 |
WORLD ACCEPTANCE CORP (WRLD)
WORLD ACCEPTANCE CORP (WRLD)