Property and equipment consist of:
 March 31, 2026March 31, 2025
Land$44,443 $100,443 
Building and leasehold improvements21,621,938 20,869,323 
Furniture and equipment60,352,125 59,465,807 
 82,018,506 80,435,573 
Less accumulated depreciation and amortization(64,587,892)(60,669,785)
Total$17,430,614 $19,765,788 
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Historical Timeline

Fiscal YearFiled
2026Jun 4, 2026Showing above
2025May 22, 2025
2024May 23, 2024
2023Jun 1, 2023
2022May 27, 2022
2021Jun 2, 2021
2020May 29, 2020
2019May 24, 2019
2018Jun 13, 2018
2017Jun 29, 2017
2016Jun 1, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.