NOTE 9: TEMPORARY EQUITY

The following table provides a summary of the activity in our temporary equity balances during the nine-month periods ended June 30, 2015 and 2014:



	Common Stock, Subject to Possible Redemption		Redeemable Noncontrolling Interest			Total Temporary Equity

	(in thousands)
Balances as of September 30, 2014	$	—	$	22,800		$	22,800
Issuance of common stock, subject to possible redemption	11,696		—			11,696
Sale of additional shares to parent	—		541			541
Net loss attributable to redeemable noncontrolling interest	—		(3,230		)	(3,230		)
Foreign currency translation adjustment attributable to redeemable noncontrolling interest	—		(3,853		)	(3,853		)
Effective portion of cash flow hedge	—		103			103
Balances as of June 30, 2015	$	11,696	$	16,361		$	28,057

Balance as of September 30, 2013	$	—	$	47,297		$	47,297
Sale of additional shares to parent	—		(16,562		)	(16,562		)
Net income attributable to redeemable noncontrolling interest	—		(5,686		)	(5,686		)
Foreign currency translation adjustment attributable to redeemable noncontrolling interest	—		755			755
Effective portion of cash flow hedge	—		(142		)	(142		)
Balance as of June 30, 2014	$	—	$	25,662		$	25,662

In February 2015, we issued 1,168,456 shares of our Class A Non-voting Common Stock, valued at $10.01 per share, in connection with the acquisition of 12 pawn stores. These shares are subject to possible redemption and accounted for as temporary equity. See Note 1 and Note 3 for additional information regarding the acquisition and the shares issued in connection with the acquisition.

On April 1, 2015, we completed the acquisition of the remaining 41% outstanding equity interest in TUYO for $2.8 million in cash and a $0.3 million note payable over the next five years. Prior to this acquisition we owned a 59% interest in TUYO, included their results in our consolidated financial statements and included redeemable noncontrolling interest (related to the minority ownership) in temporary equity. Following our acquisition of the remaining outstanding equity interest in TUYO, we account for TUYO as a wholly-owned subsidiary.

See Note 18 for discussion of the acquisition of an additional interest in Grupo Finmart subsequent to June 30, 2015.