XML 79 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Sep. 30, 2011
Current assets:                        
Cash and cash equivalents $ 55,325 $ 49,434 $ 32,328 $ 32,689 $ 29,100 $ 27,511 $ 36,215 $ 43,213 $ 39,824 $ 41,181 $ 35,668 $ 23,969
Restricted cash 63,495 49,129 27,244 8,371 9,176 20,325 5,448 1,825 7,263      
Pawn loans 162,444 157,491 128,683 153,421 156,637 154,095 138,380 162,150 157,648      
Consumer loans, net 63,995 64,787 57,447 62,653 56,880 54,276 49,145 51,473 45,036      
Pawn service charges receivable, net 31,044 29,307 24,733 30,842 30,362 28,590 25,388 31,077        
Consumer loan fees and interest receivable, net 12,647 15,032 15,870 17,415 19,049 22,182 19,280 20,006        
Inventory, net 138,175 130,839 128,094 142,159 145,200 122,503 116,517 120,271 109,214      
Deferred tax asset 17,572 15,302 15,302 15,302 15,302 17,188 17,188 17,188        
Prepaid income taxes 57,069 43,677 35,134 21,204 24,113 20,845 9,165 4,172        
Prepaid expenses and other assets 33,097 75,161 38,364 42,895 34,214 41,377 42,421 50,394        
Total current assets 634,863 630,159 503,199 526,951 520,033 508,892 459,147 501,769        
Investments in unconsolidated affiliates 91,781 90,730 88,685 97,424 97,085 145,345 145,870 142,870        
Property and equipment, net 105,900 109,458 111,419 114,539 116,281 110,312 118,979 114,082        
Restricted cash, non-current 5,070 4,578 3,309 4,189 3,509 3,432 3,180 4,758 6,872      
Goodwill 346,577 436,765 435,048 434,835 433,300 430,940 438,016 434,671 374,663      
Intangible assets, net 66,086 78,745 68,873 66,749 65,391 60,687 60,387 59,562        
Non-current consumer loans, net 85,004 84,630 83,325 78,686 65,488 57,913 55,376 53,084        
Deferred tax asset 12,142 9,331 9,642 7,543 8,237              
Other assets, net 63,121 76,137 29,644 28,935 23,644 28,520 20,553 19,092        
Total assets 1,410,544 [1],[2] 1,520,533 1,333,144 1,359,851 1,332,968 [1],[2] 1,346,041 1,301,508 1,329,888 1,209,075      
Current liabilities:                        
Current maturities of long-term debt 36,111 41,125 20,889 23,516 30,436 33,525 34,912 27,562        
Current capital lease obligations 418 520 533 533 533 533 533 533        
Accounts payable and other accrued expenses 94,993 89,217 70,643 77,880 80,857 72,988 63,073 69,971        
Other current liabilities 8,595 8,716 12,121 11,988 23,219 22,640 36,096 24,396        
Customer layaway deposits 8,097 8,206 8,986 5,782 8,628 7,912 8,191 6,254        
Total current liabilities 148,214 147,784 113,172 119,699 143,673 137,598 142,805 128,716        
Long-term debt, less current maturities 392,054 387,217 224,379 246,852 215,939 198,374 137,376 207,978        
Long-term capital lease obligations 0   106 253 391 521 648 771        
Deferred gains and other long-term liabilities 15,172 21,235 21,810 28,524 29,785 26,765 23,645 35,043        
Total liabilities $ 555,440 [3],[4] 556,236 359,467 395,328 $ 389,788 [3],[4] 372,206 314,578 383,323        
Commitments and contingencies                    
Temporary equity:                        
Redeemable noncontrolling interest $ 22,800 25,662 43,717 45,825 $ 47,297 49,765 46,673 45,156 50,998      
Stockholders’ equity:                        
Additional paid-in capital 332,264 339,869 327,066 321,354 320,537 317,049 314,899 312,946        
Retained earnings 509,586 610,050 606,120 599,978 581,248 609,291 616,241 586,013        
Accumulated other comprehensive loss (10,082) 68 (3,769) (3,177) (6,445) (2,812) 8,579 1,912        
EZCORP, Inc. stockholders’ equity 832,304 938,635 929,960 918,698 895,883 924,070 940,257 901,409 $ 827,791 $ 783,381 $ 755,905 $ 664,248
Total liabilities and stockholders’ equity 1,410,544 1,520,533 1,333,144 1,359,851 1,332,968 1,346,041 1,301,508 1,329,888        
Common Stock Class A Non-voting [Member]                        
Stockholders’ equity:                        
Common stock 506 519 513 513 513 512 508 508        
Common Stock Class B Voting [Member]                        
Stockholders’ equity:                        
Common stock $ 30 $ 30 $ 30 $ 30 $ 30 $ 30 $ 30 $ 30        
[1] Our consolidated assets as of September 30, 2014 and 2013 include the following assets of Grupo Finmart’s securitization trust that can only be used to settle its liabilities: September 30, 2014 September 30, 2013 (in thousands)Restricted cash$23,592 $—Consumer loans, net41,588 33,900Consumer loan fees and interest receivable, net5,489 7,300Restricted cash, non-current133 3,509Other assets, net2,847 2,100Total assets$73,649 $46,809
[2] Our consolidated assets as of September 30, 2014 include the following assets of our consolidated variable interest entities: September 30, 2014 September 30, 2013 As Restated (See Note 2) (in thousands)Restricted cash$1,921 $—Consumer loans, net16,465 —Consumer loan fees and interest receivable, net3,058 —Non-current consumer loans, net35,780 —Total assets$57,224 $—
[3] Our consolidated liabilities as of September 30, 2014 and 2013 include the following liabilities for which the creditors of Grupo Finmart’s securitization trust do not have recourse to the general credit of EZCORP, Inc.: September 30, 2014 September 30, 2013 (in thousands)Long-term debt, less current maturities$54,045 $31,951
[4] Our consolidated liabilities as of September 30, 2014 include the following liabilities of our consolidated variable interest entities: September 30, 2014 September 30, 2013 As Restated (See Note 2) (in thousands)Accounts payable and other accrued expenses$2,105 $—Current maturities of long-term debt25,438 —Long-term debt, less current maturities35,624 —Total liabilities$63,167 $—