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Earnings per Share (Tables)
 9 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Net Components of Basic and Diluted (Loss) 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)2024202320242023
Basic earnings per common share:
Net income - basic $17,950 $18,222 $67,899 $28,210 
Weighted shares outstanding - basic54,898 55,36755,022 55,776 
Basic earnings per common share $0.33 $0.33 $1.23 $0.51 
Diluted earnings per common share:
Net income - basic$17,950 $18,222 $67,899 $28,210 
Add: Convertible Notes interest expense, net of tax*2,427 2,644 7,501 1,885 
Net income - diluted $20,377 $20,866 $75,400 $30,095 
Weighted shares outstanding - basic54,898 55,367 55,022 55,776 
Equity-based compensation awards - effect of dilution**1,056 1,041 1,129 1,058 
Convertible Notes - effect of dilution***27,054 30,417 28,158 22,725 
Weighted shares outstanding - diluted83,008 86,825 84,309 79,559 
Diluted earnings per common share$0.25 $0.24 $0.89 $0.38 
Potential common shares excluded from the calculation of diluted earnings per common share above:
Convertible Notes***— — — 6,323 
Restricted stock****1,917 1,705 1,913 1,728 
Total1,917 1,705 1,913 8,051 
    
*    Effective January 1, 2024, we are required to combination settle the 2024 Convertible Notes. As such, no interest expense is included in the diluted earnings per share computation for the three months ended June 30, 2024 and only the first quarter of 2024 interest expense is included for the nine months ended June 30, 2024. 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.
***    As we are required to combination settle the 2024 Convertible Notes effective January 1, 2024, the 3.4 million principal shares are not included for the three months ended June 30, 2024 and only the weighted average shares of 1.2 million are included for the nine months ended June 30, 2024. Additionally, 75,854 and 25,192 potential common shares related to the accreted value of the 2024 Convertible Notes are included for the three and nine months ended June 30, 2024, respectively, as the average market rate was above the initial conversion price of $10.00 per share for the period ended June 30, 2024. See Note 7: Debt for conversion price, initial conversion rate and additional information on 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.