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Earnings per Share
9 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Earnings per Share
NOTE 3: EARNINGS PER SHARE
The following table reconciles the number of common shares used to compute basic and diluted earnings per share attributable to EZCORP Inc., shareholders:
Three Months Ended
June 30,
Nine Months Ended
June 30,
(in thousands, except per share amounts)2023202220232022
Basic earnings per common share:
Net income - basic $18,222 $12,215 $28,210 $42,823 
Weighted shares outstanding - basic55,367 56,65655,776 56,465 
Basic earnings per common share $0.33 $0.22 $0.51 $0.76 
Diluted earnings per common share:
Net income - basic$18,222 $12,215 $28,210 $42,823 
Add: Convertible Notes interest expense, net of tax*2,644 1,868 1,885 5,598 
Net income - diluted $20,866 $14,083 $30,095 $48,421 
Weighted shares outstanding - basic55,367 56,656 55,776 56,465 
Equity-based compensation awards - effect of dilution**1,041 624 1,058 660 
Convertible Notes - effect of dilution30,417 25,224 22,725 25,224 
Weighted shares outstanding - diluted86,825 82,504 79,559 82,349 
Diluted earnings per common share$0.24 $0.17 $0.38 $0.59 
Potential common shares excluded from the calculation of diluted earnings per common share above:
Convertible Notes***— — 6,323 — 
Restricted stock****1,705 1,825 1,728 2,066 
Total1,705 1,825 8,051 2,066 
*    The nine months ended June 30, 2023 includes $5.4 million gain on the partial extinguishment of debt, associated with the 2025 Convertible Notes, which was recorded to “Interest expense” in the Company’s condensed consolidated statement of operations. See Note 7: Debt for additional information.
**    Includes time-based share-based awards and performance based awards for which targets for fiscal year tranches have been achieved and vesting is subject only to achievement of service conditions.
***    See Note 7: Debt for conversion rate of the 2024 Convertible Notes, 2025 Convertible Notes, and 2029 Convertible Notes.
****    Includes antidilutive share-based awards as well as performance-based share-based awards that are contingently issuable, but for which the condition for issuance has not been met as of the end of the reporting period.