Earnings per Share (Tables)

3 Months Ended

Dec. 31, 2024

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 December 31,
(in thousands, except per share amounts)		2024		2023

Basic earnings per common share:
Net income - basic		$	31,016	$	28,470
Weighted shares outstanding - basic		54,827		55,076
Basic earnings per common share		$	0.57	$	0.52

Diluted earnings per common share:
Net income - basic		$	31,016	$	28,470
Add: Convertible Notes* interest expense, net of tax		2,439		2,659



Net income - diluted		$	33,455	$	31,129
Weighted shares outstanding - basic		54,827		55,076
Equity-based compensation awards - effect of dilution**		1,541		1,318
Convertible Notes* - effect of dilution		26,979		30,418



Weighted shares outstanding - diluted		83,347		86,812
Diluted earnings per common share		$	0.40	$	0.36

Potential common shares excluded from the calculation of diluted earnings per common share above:





Restricted stock***		1,437		1,581

* The Company’s debt (collectively, the “Convertible Notes”) includes the 2.375% Convertible Senior Notes Due 2025 (the “2025 Convertible Notes”), the 3.750% Convertible Senior Notes Due 2029 (the “2029 Convertible Notes”) and the three months ended December 31, 2023 also includes the 2.875% Convertible Senior Notes Due 2024 (the “2024 Convertible Notes”). See Note 7: Debt for conversion price, initial conversion rate and 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.

*** 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.