Other Charges

12 Months Ended

Sep. 30, 2023

Restructuring and Related Activities [Abstract]

Other Charges

NOTE 2: OTHER CHARGES

During the fourth quarter of fiscal 2020, we began to implement strategic initiatives to refocus on our core pawn business and optimize our cost structure in order to improve our bottom line performance and position us for sustainable growth. The initiatives focused on workforce reductions, closure of our CASHMAX operations, store closures, write-offs and other miscellaneous charges.

Accrued charges at September 30, 2023 and 2022 were $2.0 million and $2.2 million, respectively, and are included within Accounts payable, accrued expenses and other current liabilities in our Consolidated Balance Sheets. Accrued charges includes $2.0 million related to other costs at September 30, 2023 and 2022 and $0.2 million related to store closure costs at September 30, 2022. There were no charges recorded for fiscal years ended September 30, 2023 and 2022 and we recorded $0.2 million of charges for the fiscal year ended September 30, 2021 related to the closure of store operations in Peru.