EZCORP INC Earnings Per Share Disclosure
| Fiscal Year Ended September 30, | ||||||||||||||||||||
| (in thousands, except per share amounts) | 2025 | 2024 | 2023 | |||||||||||||||||
| Basic earnings per common share: | ||||||||||||||||||||
| Net Income - Basic | $ | 109,613 | $ | 83,095 | $ | 38,463 | ||||||||||||||
| Weighted shares outstanding - Basic | 57,466 | 54,935 | 55,586 | |||||||||||||||||
| Basic earnings per common share | $ | 1.91 | $ | 1.51 | $ | 0.69 | ||||||||||||||
| Diluted earnings per common share: | ||||||||||||||||||||
| Net Income - Basic | $ | 109,613 | $ | 83,095 | $ | 38,463 | ||||||||||||||
| Add: Convertible Notes interest expense, net of tax* | 8,792 | 9,947 | 4,327 | |||||||||||||||||
| Net Income - Diluted | $ | 118,405 | $ | 93,042 | $ | 42,790 | ||||||||||||||
| Weighted shares outstanding - basic | 57,466 | 54,935 | 55,586 | |||||||||||||||||
| Equity-based compensation awards - effect of dilution** | 1,681 | 1,651 | 1,482 | |||||||||||||||||
Convertible Notes - effect of dilution*** | 24,236 | 27,862 | 23,797 | |||||||||||||||||
| Weighted Shares Outstanding - Diluted | 83,383 | 84,448 | 80,865 | |||||||||||||||||
| Diluted earnings per common share | $ | 1.42 | $ | 1.10 | $ | 0.53 | ||||||||||||||
| Potential common shares excluded from the calculation of diluted earnings per share above: | ||||||||||||||||||||
Convertible Notes*** | — | — | 5,596 | |||||||||||||||||
| Restricted stock**** | 1,428 | 782 | 801 | |||||||||||||||||
| Total | 1,428 | 782 | 6,397 | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Nov 13, 2025 | Showing above |
| 2024 | Nov 13, 2024 | |
| 2023 | Nov 15, 2023 | |
| 2020 | Dec 14, 2020 | |
| 2019 | Dec 5, 2019 | |
| 2018 | Nov 14, 2018 | |
| 2017 | Nov 15, 2017 | |
| 2016 | Dec 14, 2016 | |
| 2015 | Dec 24, 2015 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.