Income Taxes (Tables)

12 Months Ended

Sep. 30, 2012

Income Tax Disclosure [Abstract]

Components of income tax provision

The following table shows the significant components of the income tax provision from continuing operations:

	Fiscal Year Ended September 30,
	2012			2011		2010
	(in thousands)
Current
Federal	$	60,343		$	49,744	$	54,456
State and foreign	9,108			3,052		2,553
	69,451			52,796		57,009
Deferred
Federal	3,337			13,408		(2,811		)
State and foreign	(1,536		)	268		(56		)
	1,801			13,676		(2,867		)
	$	71,252		$	66,472	$	54,142

Provision for income taxes attributable to continuing operations

The following table shows a reconciliation of income taxes calculated at the statutory rate and the provision for income taxes attributable to continuing operations:

	Fiscal Year Ended September 30,
	2012			2011			2010
	(in thousands)
Income taxes at the federal statutory rate	$	77,789		$	65,969		$	52,941
Non-deductible expense related to incentive stock options	(633		)	—			1
State income tax, net of federal benefit	349			2,728			2,172
Change in valuation allowance	2,242			1,425			1,273
Federal tax credits	(922		)	(167		)	(134		)
Foreign tax credit	(4,342		)	(4,356		)	(2,849		)
Effect of permanently reinvesting foreign earnings	(3,820		)	—			—
Other	589			873			738
Total provision	$	71,252		$	66,472		$	54,142
Effective tax rate	32.1		%	35.3		%	35.8		%

Significant components of deferred tax assets and liabilities

The following table shows significant components of our deferred tax assets and liabilities as of September 30:

	September 30,
	2012			2011
	(in thousands)
Deferred tax assets:
Book over tax depreciation	$	—		$	1,001
Tax over book inventory	3,904			3,457
Accrued liabilities	14,334			12,220
Pawn service charges receivable	3,937			3,775
Stock compensation	974			—
State and foreign net operating loss carry-forwards	3,845			1,425
Total deferred tax assets	26,994			21,878
Deferred tax liabilities:
Tax over book amortization	10,833			6,605
Foreign income and dividends	3,864			2,932
Tax over book depreciation	1,912			—
Stock compensation	—			194
Prepaid expenses	1,082			928
Total deferred tax liabilities	17,691			10,659
Net deferred tax asset	9,303			11,219
Valuation allowance	(2,242		)	(1,425		)
Net deferred tax asset	$	7,061		$	9,794