XML 43 R31.htm IDEA: XBRL DOCUMENT v3.25.2
EARNINGS PER COMMON SHARE ("EPS") (Tables)
9 Months Ended
Jun. 30, 2025
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.

Three Months Ended June 30,Nine Months Ended June 30,
2025202420252024
(Dollars in thousands, except per share data)(As Restated)(As Restated)
Basic income per common share:
Net income attributable to Pathward Financial, Inc.$42,147 $44,869 $147,069 $149,686 
Dividends and undistributed earnings allocated to participating securities(152)(464)(553)(1,312)
Basic net earnings available to common stockholders41,995 44,405 146,516 148,374 
Undistributed earnings allocated to nonvested restricted stockholders148 451 540 1,278 
Reallocation of undistributed earnings to nonvested restricted stockholders(147)(450)(537)(1,277)
Diluted net earnings available to common stockholders$41,996 $44,406 $146,519 $148,375 
Total weighted-average basic common shares outstanding23,006,454 24,946,085 23,629,565 25,335,621 
Effect of dilutive securities(1)
PSUs133,670 33,733 115,521 29,021 
Total effect of dilutive securities133,670 33,733 115,521 29,021 
Total weighted-average diluted common shares outstanding23,140,124 24,979,818 23,745,086 25,364,642 
Net earnings per common share:
Basic earnings per common share$1.83 $1.78 $6.20 $5.86 
Diluted earnings per common share(2)
$1.81 $1.78 $6.17 $5.85 
(1) Represents the effect of the assumed vesting of PSUs and restricted stock, as applicable, utilizing the treasury stock method.
(2) Excluded from the computation of diluted earnings per share for the three months ended June 30, 2025 and 2024, respectively, were 83,151 and 260,415 weighted average share of nonvested restricted stock because their inclusion would be anti-dilutive. Excluded from the computation of diluted earnings per share for the nine months ended June 30, 2025 and 2024, respectively, were 89,175 and 224,035 weighted average shares of nonvested restricted stock because their inclusion would be anti-dilutive.