XML 60 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Share
 6 Months Ended
Mar. 31, 2014
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 March 31,
 
Six Months Ended March 31,
 
2014
 
2013
 
2014
 
2013
 
(in thousands, except per share amounts)
Net income from continuing operations attributable to EZCORP, Inc., net of tax (A)
$
8,032

 
$
35,591

 
$
29,119

 
$
68,014

(Loss) Income from discontinued operations, net of tax (B)
(40
)
 
(1,610
)
 
1,442

 
(3,316
)
Net income attributable to EZCORP (C)
7,992

 
33,981

 
$
30,561

 
$
64,698

 
 
 
 
 
 
 
 
Weighted average outstanding shares of common stock (D)
54,374

 
54,172

 
54,353

 
53,099

Dilutive effect of stock options and restricted stock
212

 
80

 
230

 
73

Weighted average common stock and common stock equivalents (E)
54,586

 
54,252

 
54,583

 
53,172

 
 
 
 
 
 
 
 
Basic earnings (loss) per share attributable to EZCORP, Inc.:
 
 
 
 
 
 
 
Continuing operations attributable to EZCORP, Inc. (A / D)
$
0.15

 
$
0.66

 
$
0.53

 
$
1.28

Discontinued operations (B / D)
—

 
(0.03
)
 
0.03

 
(0.06
)
Basic earnings per share (C / D)
$
0.15

 
$
0.63

 
$
0.56

 
$
1.22

 
 
 
 
 
 
 
 
Diluted earnings (loss) per share attributable to EZCORP, Inc.:
 
 
 
 
 
 
 
Continuing operations attributable to EZCORP, Inc. (A / E)
$
0.15

 
$
0.66

 
$
0.53

 
$
1.28

Discontinued operations (B / E)
—

 
(0.03
)
 
0.03

 
(0.06
)
Diluted earnings per share (C / E)
$
0.15

 
$
0.63

 
$
0.56

 
$
1.22

 
 
 
 
 
 
 
 
Potential common shares excluded from the calculation of diluted earnings per share
544

 
—

 
236

 
7