XML 62 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Share
3 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
NOTE 4: EARNINGS PER SHARE
We compute basic earnings per share on the basis of the weighted average number of shares of common stock outstanding during the period. We compute diluted earnings per share on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and restricted stock awards.

Potential common shares are required to be excluded from the computation of diluted earnings per share if the assumed proceeds upon exercise or vest, as defined by FASB ASC 718-10-25, are greater than the cost to re-acquire the same number of shares at the average market price, and therefore the effect would be anti-dilutive.
Components of basic and diluted earnings per share and excluded anti-dilutive potential common shares are as follows: 
 
Three Months Ended December 31,
 
2013
 
2012
 
(in thousands, except per share amounts)
Net income from continuing operations attributable to EZCORP, Inc. (A)
$
21,087

 
$
32,423

Loss from discontinued operations, net of tax (B)
1,482

 
(1,706
)
Net (loss) income attributable to EZCORP (C)
$
22,569

 
$
30,717

 
 
 
 
Weighted average outstanding shares of common stock (D)
54,332

 
52,049

Dilutive effect of stock options and restricted stock
30

 
63

Weighted average common stock and common stock equivalents (E)
54,362

 
52,112

 
 
 
 
Basic (loss) earnings per share attributable to EZCORP, Inc.:
 
 
 
Continuing operations attributable to EZCORP, Inc. (A / D)
$
0.39

 
$
0.62

Discontinued operations (B / D)
0.03

 
(0.03
)
Basic (loss) earnings per share (C / D)
$
0.42

 
$
0.59

 
 
 
 
Diluted earnings per share attributable to EZCORP, Inc.:
 
 
 
Continuing operations attributable to EZCORP, Inc. (A / E)
$
0.39

 
$
0.62

Discontinued operations (B / E)
0.03

 
(0.03
)
Diluted (loss) earnings per share (C / E)
$
0.42

 
$
0.59

 
 
 
 
Potential common shares excluded from the calculation of diluted earnings per share
257

 
39