XML 80 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share
9 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
We compute basic earnings per share on the basis of the weighted average number of shares of common stock outstanding during the period. We compute diluted earnings per share on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and restricted stock awards.

Potential common shares are required to be excluded from the computation of diluted earnings per share if the assumed proceeds upon exercise or vest, as defined by FASB ASC 718-10-25, are greater than the cost to re-acquire the same number of shares at the average market price, and therefore the effect would be anti-dilutive.
Components of basic and diluted earnings per share and excluded anti-dilutive potential common shares are as follows:
 
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
2012
 
2011
 
2012
 
2011
 
(In thousands, except per share amounts)
Net income attributable to EZCORP, Inc. (A)
$
28,523

 
$
26,527

 
$
105,136

 
$
85,794

Weighted average outstanding shares of common stock (B)
51,162

 
49,926

 
50,769

 
49,849

Dilutive effect of stock options and restricted stock
178

 
459

 
273

 
443

Weighted average common stock and common stock equivalents (C)
51,340

 
50,385

 
51,042

 
50,292

Basic earnings per share (A/B)
$
0.56

 
$
0.53

 
$
2.07

 
$
1.72

Diluted earnings per share (A/C)
$
0.56

 
$
0.53

 
$
2.06

 
$
1.71

Potential common shares excluded from the calculation of diluted earnings per share
117

 

 
36

 
6