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Earnings per Share
9 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings per Share
NOTE 4: EARNINGS PER SHARE
The two-class method is utilized for the computation of earnings per share. The two-class method requires a portion of net income to be allocated to participating securities, which are unvested awards of share-based payments with non-forfeitable rights to receive dividends or dividend equivalents, if declared. Income allocated to these participating securities is excluded from net earnings allocated to common shares. There were no participating securities outstanding during the three and nine-month periods ended June 30, 2015 and 2014.
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 restricted stock awards and warrants.
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 June 30,
 
Nine Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
 
(in thousands, except per share amounts)
Net (loss) income from continuing operations attributable to EZCORP (A)
$
(9,577
)
 
$
6,006

 
$
5,099

 
$
34,247

Loss from discontinued operations, net of tax (B)
(270
)
 
(2,076
)
 
(1,991
)
 
(5,445
)
Net (loss) income attributable to EZCORP (C)
$
(9,847
)
 
$
3,930

 
$
3,108

 
$
28,802

 
 
 
 
 
 
 
 
Weighted-average outstanding shares of common stock (D)
54,820

 
54,308

 
54,216

 
54,338

Dilutive effect of restricted stock
46

 
87

 
64

 
191

Weighted-average common stock and common stock equivalents (E)
54,866


54,395


54,280


54,529

 
 
 
 
 
 
 
 
Basic (loss) earnings per share attributable to EZCORP:
 
 
 
 
 
 
 
Continuing operations (A / D)
$
(0.17
)
 
$
0.11

 
$
0.09

 
$
0.63

Discontinued operations (B / D)

 
(0.04
)
 
(0.04
)
 
(0.10
)
Basic (loss) earnings per share (C / D)
$
(0.17
)
 
$
0.07

 
$
0.05

 
$
0.53

 
 
 
 
 
 
 
 
Diluted (loss) earnings per share attributable to EZCORP:
 
 
 
 
 
 
 
Continuing operations (A / E)
$
(0.17
)
 
$
0.11

 
$
0.09

 
$
0.63

Discontinued operations (B / E)

 
(0.04
)
 
(0.04
)
 
(0.10
)
Diluted (loss) earnings per share (C / E)
$
(0.17
)
 
$
0.07

 
$
0.05

 
$
0.53

 
 
 
 
 
 
 
 
Potential common shares excluded from the calculation of diluted (loss) earnings per share:
 
 
 
 
 
 
 
Restricted stock
233

 
214

 

 
213

Warrants
14,317

 
14,317

 
14,317

 
14,317

Total potential common shares excluded
14,550

 
14,531

 
14,317

 
14,530