Earnings per Share

6 Months Ended

Mar. 31, 2013

NOTE 3: 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 March 31,				Six Months Ended March 31,
	2013		2012		2013		2012
	(in thousands, except per share amounts)
Net income attributable to EZCORP (A)	$	33,981	$	37,261	$	64,698	$	76,613
Weighted average outstanding shares of common stock (B)	54,172		50,794		53,099		50,573
Dilutive effect of stock options and restricted stock	80		275		73		314
Weighted average common stock and common stock equivalents (C)	54,252		51,069		53,172		50,887
Basic earnings per share (A/B)	$	0.63	$	0.73	$	1.22	$	1.51
Diluted earnings per share (A/C)	$	0.63	$	0.73	$	1.22	$	1.51
Potential common shares excluded from the calculation of diluted earnings per share	—		—		7		—

- Definition

The entire disclosure for earnings per share.

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