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Note 15- First Cash 401(K) Profit Sharing Plan
12 Months Ended
Dec. 31, 2011
Compensation Related Costs, Retirement Benefits  
Pension and Other Postretirement Benefits Disclosure [Text Block]

 

NOTE 15 - FIRST CASH 401(k) PROFIT SHARING PLAN

 

The First Cash 401(k) Profit Sharing Plan (the “Plan”) is provided by the Company for all full-time, U.S.-based, employees who have been employed with the Company for six months or longer. Under the Plan, a participant may contribute up to 100% of earnings, with the Company matching the first 6% at a rate of 40%. The employee and Company contributions are paid to a corporate trustee and invested in various funds. Company contributions made to participants’ accounts become fully vested upon completion of five years of service. The total Company matching contributions to the Plan were $525,000, $494,000 and $474,000 for the years ended December 31, 2011, 2010 and 2009, respectively.