XML 60 R42.htm IDEA: XBRL DOCUMENT v3.6.0.2

Income Taxes (Tables)

12 Months Ended

Sep. 30, 2016

Income Tax Disclosure [Abstract]

Components of income tax provision

The following table presents the significant components of the income tax provision from continuing operations:

	Fiscal Year Ended September 30,
	2016				2015				2014
	(in thousands)
Current:
Federal	$	11,120			$	(42,001	)		$	13,076
State and foreign	3,193				2,000				(11,132		)
	14,313				(40,001		)		1,944
Deferred:
Federal	(3,766		)		16,580				(278		)
State and foreign	(1,186		)		9,396				2,785
	(4,952		)		25,976				2,507
Total income tax expense (benefit)	$	9,361			$	(14,025	)		$	4,451

Reconciliation of income taxes calculated at the statutory rate and the provision for income taxes

The following table presents a reconciliation of income taxes calculated at the statutory rate and the provision for income taxes attributable to continuing operations:

	Fiscal Year Ended September 30,
	2016				2015				2014
	(in thousands)
Income tax expense (benefit) at the federal statutory rate	$	128			$	(23,172	)		$	2,761
State taxes, net of federal benefit	2,476				(701		)		(909		)
Captive insurance company	—				(393		)		(410		)
Non-deductible items	1,718				449				457
Foreign tax credit	2,788				(2,413		)		(2,174		)
Foreign rate differential	277				880				—
Change in valuation allowance	1,511				4,846				481
Uncertain tax positions	—				1,781				3,016
Tax basis balance sheet adjustment	—				2,516				941
Other	463				2,182				288
Total income tax expense (benefit)	$	9,361			$	(14,025	)		$	4,451
Effective tax rate	2,579		%		21		%		56		%

Significant components of deferred tax assets and liabilities

The following table shows significant components of our deferred tax assets and liabilities:

	September 30,
	2016				2015
	(in thousands)
Deferred tax assets:
Cash Converters International	$	15,314			$	8,645
Tax over book inventory	5,113				4,521
Accrued liabilities	11,276				14,428
Pawn service charges receivable	11,521				12,588
Note receivable discount	2,427				—
Stock compensation	2,065				2,711
Foreign tax credit	2,706				4,249
Capital loss carryforward	8,017				8,017
State and foreign net operating loss carryforwards	12,891				10,715
Other	694				2,143
Total deferred tax assets before valuation allowance	72,024				68,017
Valuation allowance	(21,078		)		(19,567		)
Net deferred tax assets	50,946				48,450
Deferred tax liabilities:
Tax over book amortization	14,060				12,690
Tax over book depreciation	445				417
Prepaid expenses	1,138				1,167
Total deferred tax liabilities	15,643				14,274
Net deferred tax asset	$	35,303			$	34,176

Schedule of unrecognized tax benefits

The following table presents a rollforward of unrecognized tax benefits:

	Fiscal Year Ended September 30,
	2016				2015				2014
	(in thousands)
Beginning balance	$	6,058			$	4,402			$	1,432
Tax positions taken during the current period	—				1,656				2,970
Ending balance	$	6,058			$	6,058			$	4,402

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 55
-Paragraph 217
-URI http://asc.fasb.org/extlink&oid=75116239&loc=d3e36027-109320

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI http://asc.fasb.org/extlink&oid=65882285&loc=SL6600010-109319

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration