Operating Segment Information (Tables)

9 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Operating segment information

The following tables present operating segment information for the three and nine-month periods ending June 30, 2013 and 2012:

	Three Months Ended June 30, 2013
	U.S. & Canada			Latin America		Other International			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	71,464		$	15,112	$	—		$	86,576
Jewelry scrapping sales	26,288			—		—			26,288
Pawn service charges	52,505			7,892		—			60,397
Consumer loan fees	40,279			12,864		6,091			59,234
Other revenues	1,058			1,034		579			2,671
Total revenues	191,594			36,902		6,670			235,166
Merchandise cost of goods sold	41,795			9,255		—			51,050
Jewelry scrapping cost of goods sold	20,285			92		—			20,377
Consumer loan bad debt	9,994			685		1,839			12,518
Net revenues	119,520			26,870		4,831			151,221
Segment expenses:
Operations	84,194			16,513		3,523			104,230
Depreciation and amortization	4,905			1,854		118			6,877
Loss on sale or disposal of assets	174			4		—			178
Interest (income) expense, net	(25		)	2,790		—			2,765
Equity in net income of unconsolidated affiliates	—			—		(4,328		)	(4,328		)
Other expense	—			57		—			57
Segment contribution	$	30,272		$	5,652	$	5,518		$	41,442
Corporate expenses:
Administrative									12,644
Depreciation and amortization									2,091
Interest expense, net									872
Other expense									39
Income from continuing operations before income taxes									25,796
Income tax expense									9,139
Income from continuing operations, net of tax									16,657
Loss from discontinued operations, net of tax									(21,497		)
Net loss									(4,840		)
Net income from continuing operations attributable to redeemable noncontrolling interest									1,041
Net loss attributable to EZCORP, Inc.									$	(5,881	)

	Three Months Ended June 30, 2012
	U.S. & Canada		Latin America			Other International			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	65,221	$	10,065		$	—		$	75,286
Jewelry scrapping sales	37,298		3,232			—			40,530
Pawn service charges	49,969		5,687			—			55,656
Consumer loan fees	37,492		10,381			3,880			51,753
Other revenues	643		547			158			1,348
Total revenues	190,623		29,912			4,038			224,573
Merchandise cost of goods sold	38,174		5,668			—			43,842
Jewelry scrapping cost of goods sold	24,337		2,779			—			27,116
Consumer loan bad debt	8,806		632			1,251			10,689
Net revenues	119,306		20,833			2,787			142,926
Segment expenses:
Operations	70,666		11,722			2,812			85,200
Depreciation and amortization	3,608		1,942			94			5,644
Loss (gain) on sale or disposal of assets	93		(3		)	223			313
Interest expense (income), net	16		22			(1		)	37
Equity in net income of unconsolidated affiliates	—		—			(4,197		)	(4,197		)
Other expense (income)	497		(14		)	(441		)	42
Segment contribution	$	44,426	$	7,164		$	4,297		$	55,887
Corporate expenses:
Administrative									9,857
Depreciation and amortization									1,375
Interest expense, net									860
Other expense									118
Income from continuing operations before income taxes									43,677
Income tax expense									12,718
Income from continuing operations, net of tax									30,959
Loss from discontinued operations, net of tax									(1,248		)
Net income									29,711
Net income from continuing operations attributable to redeemable noncontrolling interest									1,188
Net income attributable to EZCORP, Inc.									$	28,523

	Nine Months Ended June 30, 2013
	U.S. & Canada			Latin America			Other International			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	237,577		$	43,685		$	—		$	281,262
Jewelry scrapping sales	108,777			4,802			—			113,579
Pawn service charges	165,202			22,610			—			187,812
Consumer loan fees	126,873			36,583			19,663			183,119
Other revenues	5,469			2,880			1,820			10,169
Total revenues	643,898			110,560			21,483			775,941
Merchandise cost of goods sold	138,936			25,775			—			164,711
Jewelry scrapping cost of goods sold	76,922			4,071			—			80,993
Consumer loan bad debt	27,363			(1,024		)	8,157			34,496
Net revenues	400,677			81,738			13,326			495,741
Segment expenses:
Operations	251,593			46,483			11,270			309,346
Depreciation and amortization	13,395			5,067			337			18,799
Loss on sale or disposal of assets	202			18			—			220
Interest expense (income), net	7			8,205			(1		)	8,211
Equity in net income of unconsolidated affiliates	—			—			(13,491		)	(13,491		)
Other income	(5		)	(238		)	(69		)	(312		)
Segment contribution	$	135,485		$	22,203		$	15,280		$	172,968
Corporate expenses:
Administrative										34,918
Depreciation and amortization										5,830
Interest expense, net										2,816
Other expense										312
Income from continuing operations before taxes										129,092
Income tax expense										42,084
Income from continuing operations, net of tax										87,008
Loss from discontinued operations, net of tax										(24,813		)
Net income										62,195
Net income from continuing operations attributable to redeemable noncontrolling interest										3,378
Net income attributable to EZCORP, Inc.										$	58,817

	Nine Months Ended June 30, 2012
	U.S. & Canada			Latin America			Other International			Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	226,507		$	29,764		$	—		$	256,271
Jewelry scrapping sales	139,252			7,814			—			147,066
Pawn service charges	154,823			16,057			—			170,880
Consumer loan fees	121,744			17,764			4,086			143,594
Other revenues	2,430			763			158			3,351
Total revenues	644,756			72,162			4,244			721,162
Merchandise cost of goods sold	131,682			15,939			—			147,621
Jewelry scrapping cost of goods sold	86,848			5,959			—			92,807
Consumer loan bad debt	24,663			1,140			1,466			27,269
Net revenues	401,563			49,124			2,778			453,465
Segment expenses:
Operations	216,653			27,781			3,580			248,014
Depreciation and amortization	9,862			4,907			130			14,899
(Gain) loss on sale or disposal of assets	(113		)	(2		)	223			108
Interest expense (income), net	20			1,755			(1		)	1,774
Equity in net income of unconsolidated affiliates	—			—			(12,935		)	(12,935		)
Other expense (income)	346			2			(505		)	(157		)
Segment contribution	$	174,795		$	14,681		$	12,286		$	201,762
Corporate expenses:
Administrative										33,509
Depreciation and amortization										4,066
Interest expense, net										1,920
Income from continuing operations before taxes										162,267
Income tax expense										52,664
Income from continuing operations, net of tax										109,603
Loss from discontinued operations, net of tax										(3,167		)
Net income										106,436
Net income from continuing operations attributable to redeemable noncontrolling interest										1,300
Net income attributable to EZCORP, Inc.										$	105,136

Separately identified segment assets

The following table presents separately identified segment assets:

	U.S. & Canada		Latin America		Other International		Consolidated
	(in thousands)
Assets at June 30, 2013
Cash and cash equivalents	$	11,245	$	29,494	$	2,434	$	43,173
Restricted cash	—		3,132		—		3,132
Pawn loans	137,237		16,858		—		154,095
Consumer loans, net	22,155		98,224		4,969		125,348
Service charges and fees receivable, net	33,974		28,535		1,691		64,200
Inventory, net	102,411		20,092		—		122,503
Property and equipment, net	64,356		27,669		1,507		93,532
Restricted cash, non-current	—		2,182		—		2,182
Goodwill	277,308		111,237		37,603		426,148
Intangibles, net	28,027		20,067		2,704		50,798
Total separately identified recorded segment assets	$	676,713	$	357,490	$	50,908	$	1,085,111
Consumer loans outstanding from unaffiliated lenders	$	25,302	$	—	$	—	$	25,302
Assets at June 30, 2012
Cash and cash equivalents	$	18,789	$	15,963	$	1,638	$	36,390
Restricted cash	—		1,051		—		1,051
Pawn loans	134,038		13,439		—		147,477
Consumer loans, net	17,247		64,158		1,838		83,243
Service charges and fees receivable, net	30,555		20,721		545		51,821
Inventory, net	82,631		11,790		—		94,421
Property and equipment, net	56,951		20,164		1,446		78,561
Goodwill	221,646		106,043		38,597		366,286
Intangibles, net	17,555		15,041		2,872		35,468
Total separately identified recorded segment assets	$	579,412	$	268,370	$	46,936	$	894,718
Consumer loans outstanding from unaffiliated lenders	$	21,689	$	—	$	—	$	21,689
Assets at September 30, 2012
Cash and cash equivalents	$	14,820	$	16,365	$	1,789	$	32,974
Restricted cash	—		1,145		—		1,145
Pawn loans	140,885		16,763		—		157,648
Consumer loans, net	18,960		73,422		3,767		96,149
Service charges and fees receivable, net	34,066		24,637		1,114		59,817
Inventory, net	94,449		14,765		—		109,214
Property and equipment, net	60,476		23,005		1,503		84,984
Restricted cash, non-current	—		4,337		—		4,337
Goodwill	224,306		110,401		39,956		374,663
Intangibles, net	17,498		21,867		2,946		42,311
Total separately identified recorded segment assets	$	605,460	$	306,707	$	51,075	$	963,242
Consumer loans outstanding from unaffiliated lenders	$	23,636	$	—	$	—	$	23,636

Reconciliation of segment assets to consolidated assets

The following table reconciles separately identified recorded segment assets, as shown above, to our consolidated total assets:

	June 30,				September 30,
	2013		2012		2012
	(in thousands)
Total separately identified recorded segment assets	$	1,085,111	$	894,718	$	963,242
Corporate assets	269,090		241,057		254,765
Total assets	$	1,354,201	$	1,135,775	$	1,218,007

Schedule of revenue by geographical location

The following tables provide geographic information required by ASC 280-10-50-41:

	Three Months Ended June 30,				Nine Months Ended June 30,
	2013		2012		2013		2012
	(in thousands)
Revenues:
U.S.	$	188,524	$	187,746	$	634,900	$	636,780
Mexico	36,902		29,912		110,560		72,162
Canada	3,070		2,877		8,998		7,976
U.K	6,670		4,038		21,483		4,244
Total	235,166		224,573		775,941		721,162

Schedule of long-lived assets by geographical location

	June 30,				September 30,
	2013		2012		2012
	(in thousands)
Long-lived assets:
U.S.	$	394,875	$	309,223	$	317,887
Mexico	159,546		141,423		155,488
Canada	4,758		10,133		10,199
U.K.	41,772		42,873		44,363
Other	42		42		42
Total	$	600,993	$	503,694	$	527,979