XML 52 R45.htm IDEA: XBRL DOCUMENT v3.3.0.814
Restatement of Condensed Consolidated Financial Statements - Condensed Consolidated Statement of Operations (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Revenues:    
Merchandise sales $ 109,639 $ 105,587
Jewelry scrapping sales 18,534 27,703
Pawn service charges 64,927 64,133
Consumer loan fees and interest 58,847 55,204
Other revenues 871 1,129
Total revenues 252,818 253,756
Merchandise cost of goods sold 72,478 64,141
Jewelry scrapping cost of goods sold 14,675 20,020
Consumer loan bad debt 22,050 18,188
Net revenues 143,615 151,407
Operating expenses:    
Operations 103,694 105,361
Administrative 8,352 15,724
Depreciation 7,573 7,340
Amortization 1,457 1,365
Loss (gain) on sale or disposal of assets 259 (6,290)
Restructuring Charges 22  
Total operating expenses 121,335 123,500
Operating income 22,280 27,907
Interest expense 12,034 5,051
Interest income (532) (197)
Equity in net income of unconsolidated affiliates (2,194) (1,271)
Other expense (income) 759 (168)
Income from continuing operations before income taxes 12,213 24,492
Income tax expense 3,578 4,823
Income from continuing operations, net of tax 8,635 19,669
Income (loss) from discontinued operations, net of tax 1,043 (2,735)
Net income 9,678 16,934
Net loss from continuing operations attributable to redeemable noncontrolling interest (1,934) (1,796)
Net income attributable to EZCORP, Inc. $ 11,612 $ 18,730
Basic earnings (loss) per share attributable to EZCORP, Inc.:    
Continuing operations (in dollars per share) $ 0.20 $ 0.40
Discontinued operations (in dollars per share) 0.02 (0.05)
Basic earnings per share (in dollars per share) 0.22 0.35
Diluted earnings (loss) per share attributable to EZCORP, Inc.:    
Continuing operations (in dollars per share) 0.20 0.39
Discontinued operations (in dollars per share) 0.02 (0.05)
Diluted earnings per share (in dollars per share) $ 0.22 $ 0.34
Weighted-average shares outstanding:    
Basic (in shares) 53,650 54,332
Diluted (in shares) 53,698 54,362
Net income from continuing operations attributable to EZCORP, Inc. $ 10,569 $ 21,465
Income (loss) from discontinued operations attributable to EZCORP, Inc. 1,043 $ (2,735)
As Previously Reported [Member]    
Revenues:    
Merchandise sales 109,639  
Jewelry scrapping sales 18,534  
Pawn service charges 64,927  
Consumer loan fees and interest 52,232  
Other revenues 7,312  
Total revenues 252,644  
Merchandise cost of goods sold 72,388  
Jewelry scrapping cost of goods sold 14,675  
Consumer loan bad debt 15,251  
Net revenues 150,330  
Operating expenses:    
Operations 103,656  
Administrative 10,174  
Depreciation 7,573  
Amortization 1,457  
Loss (gain) on sale or disposal of assets 259  
Total operating expenses 123,119  
Operating income 27,211  
Interest expense 8,958  
Interest income (525)  
Equity in net income of unconsolidated affiliates (2,194)  
Other expense (income) 537  
Income from continuing operations before income taxes 20,435  
Income tax expense 6,365  
Income from continuing operations, net of tax 14,070  
Income (loss) from discontinued operations, net of tax 1,043  
Net income 15,113  
Net loss from continuing operations attributable to redeemable noncontrolling interest (147)  
Net income attributable to EZCORP, Inc. $ 15,260  
Basic earnings (loss) per share attributable to EZCORP, Inc.:    
Continuing operations (in dollars per share) $ 0.26  
Discontinued operations (in dollars per share) 0.02  
Basic earnings per share (in dollars per share) 0.28  
Diluted earnings (loss) per share attributable to EZCORP, Inc.:    
Continuing operations (in dollars per share) 0.26  
Discontinued operations (in dollars per share) 0.02  
Diluted earnings per share (in dollars per share) $ 0.28  
Weighted-average shares outstanding:    
Net income from continuing operations attributable to EZCORP, Inc. $ 14,217  
Income (loss) from discontinued operations attributable to EZCORP, Inc. 1,043  
Restatement Adjustments [Member]    
Revenues:    
Merchandise sales 0  
Jewelry scrapping sales 0  
Pawn service charges 0  
Consumer loan fees and interest 6,615  
Other revenues (6,441)  
Total revenues 174  
Merchandise cost of goods sold 90  
Jewelry scrapping cost of goods sold 0  
Consumer loan bad debt 6,799  
Net revenues (6,715)  
Operating expenses:    
Operations 38  
Administrative (1,822)  
Depreciation 0  
Amortization 0  
Loss (gain) on sale or disposal of assets 0  
Total operating expenses (1,784)  
Operating income (4,931)  
Interest expense 3,076  
Interest income (7)  
Equity in net income of unconsolidated affiliates 0  
Other expense (income) 222  
Income from continuing operations before income taxes (8,222)  
Income tax expense (2,787)  
Income from continuing operations, net of tax (5,435)  
Income (loss) from discontinued operations, net of tax 0  
Net income (5,435)  
Net loss from continuing operations attributable to redeemable noncontrolling interest (1,787)  
Net income attributable to EZCORP, Inc. $ (3,648)  
Basic earnings (loss) per share attributable to EZCORP, Inc.:    
Continuing operations (in dollars per share) $ (0.06)  
Discontinued operations (in dollars per share) 0.00  
Basic earnings per share (in dollars per share) (0.06)  
Diluted earnings (loss) per share attributable to EZCORP, Inc.:    
Continuing operations (in dollars per share) (0.06)  
Discontinued operations (in dollars per share) 0.00  
Diluted earnings per share (in dollars per share) $ (0.06)  
Weighted-average shares outstanding:    
Net income from continuing operations attributable to EZCORP, Inc. $ (3,648)  
Income (loss) from discontinued operations attributable to EZCORP, Inc. $ 0