XML 57 R39.htm IDEA: XBRL DOCUMENT
v3.21.2

EARNINGS PER COMMON SHARE (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2021
Earnings Per Share [Abstract] |
Reconciliation of Net Income and Common Stock Share Amounts Used in Computation of Basic and Diluted EPS | A reconciliation of net income and common stock share amounts used in the computation of basic and diluted earnings per share is presented below.
| Fiscal Year Ended September 30,
(Dollars in Thousands, Except Per Share Data) | 2021 |  | 2020 |  | 2019
Basic income per common share: |  |  |  |  |
Net income attributable to Meta Financial Group, Inc. | $ | 141,708 |  |  | $ | 104,720 |  |  | $ | 97,004 |
Dividends and undistributed earnings allocated to participating securities | (2,698) |  |  | (2,414) |  |  | (2,378) |
Basic net earnings available to common stockholders | 139,010 |  |  | 102,306 |  |  | 94,626 |
Undistributed earnings allocated to nonvested restricted stockholders | 2,575 |  |  | 2,249 |  |  | 2,187 |
Reallocation of undistributed earnings to nonvested restricted stockholders | (2,573) |  |  | (2,249) |  |  | (2,185) |
Diluted net earnings available to common stockholders | $ | 139,012 |  |  | $ | 102,306 |  |  | $ | 94,628 |
Total weighted-average basic common shares outstanding | 31,729,596 |  |  | 34,829,971 |  |  | 37,927,734 |
Effect of dilutive securities(1) |  |  |  |  |
Stock options | — |  |  | — |  |  | 40,718 |
Performance share units | 21,926 |  |  | — |  |  | — |
Total effect of dilutive securities | 21,926 |  |  | — |  |  | 40,718 |
Total weighted-average diluted common shares outstanding | 31,751,522 |  |  | 34,829,971 |  |  | 37,968,452 |
Net earnings per common share: |  |  |  |  |
Basic earnings per common share | $ | 4.38 |  |  | $ | 2.94 |  |  | $ | 2.49 |
Diluted earnings per common share(2) | $ | 4.38 |  |  | $ | 2.94 |  |  | $ | 2.49 |
(1) Represents the effect of the assumed exercise of stock options and vesting of performance share units and restricted stock, as applicable, utilizing the treasury stock method. (2) Excluded from the computation of diluted earnings per share for the fiscal years ended September 30, 2021, 2020, and 2019, respectively, were 615,811, 821,738, and 953,185 weighted average shares of nonvested restricted stock because their inclusion would be anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration