XML 80 R62.htm IDEA: XBRL DOCUMENT v3.6.0.2
Corrections and Revisions to Prior Period Financial Statements - Statement of Operations (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
Revenues:                      
Merchandise sales                 $ 409,107 $ 402,118 $ 388,022
Jewelry scrapping sales                 50,113 57,973 96,241
Pawn service charges                 261,800 247,204 248,378
Consumer loan fees and interest                   0 0
Other revenues                 9,485 12,705 13,129
Total revenues $ 184,585 $ 170,150 $ 188,213 $ 187,557 $ 170,291 $ 164,619 $ 188,735 $ 196,355 730,505 720,000 745,770
Merchandise cost of goods sold                 258,271 267,789 248,637
Jewelry scrapping cost of goods sold                 42,039 46,066 72,830
Consumer loan bad debt                   0 0
Other cost of revenues                 1,965 3,125 2,446
Net revenues 106,861 100,394 108,365 112,610 99,547 93,808 101,238 108,427 428,230 403,020 421,857
Operating expenses:                      
Operations                 301,387 294,939 293,737
Administrative                 68,101 72,986 79,944
Depreciation and amortization                 26,542 30,959 29,259
Loss on sale or disposal of assets                 1,106 2,659 (5,841)
Restructuring                 1,921 17,080 6,664
Total operating expenses                 399,057 418,623 403,763
Operating income (loss)                 29,173 (15,603) 18,094
Interest expense                 16,477 16,385 7,911
Interest income                 (81) (278) (299)
Loss (income) from investments in unconsolidated affiliates                 255 5,473 (5,948)
Impairment of investments                 10,957 26,837 7,940
Other expense                 1,202 2,187 601
Income (loss) from continuing operations before income taxes                 363 (66,207) 7,889
Income tax expense (benefit)                 9,361 (14,025) 4,451
(Loss) income from continuing operations, net of tax (17,502) 2,778 2,307 3,419 (57,107) (783) (2,675) 8,383 (8,998) (52,182) 3,438
Loss from discontinued operations, net of tax 19,636 (9,133) (78,250) (11,685) (36,998) (9,454) 3,112 1,295 (79,432) (42,045) (77,474)
Net loss 2,134 (6,355) (75,943) (8,266) (94,105) (10,237) 437 9,678 (88,430) (94,227) (74,036)
Net loss attributable to noncontrolling interest                 (7,686) (5,035) (6,319)
Net loss attributable to EZCORP, Inc. $ 3,231 $ (5,689) $ (70,812) $ (7,474) $ (92,300) $ (9,847) $ 1,343 $ 11,612 $ (80,744) $ (89,192) $ (67,717)
Earnings Per Share [Abstract]                      
Basic (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share) $ (0.31) $ 0.05 $ 0.05 $ 0.06 $ (1.04) $ (0.01) $ (0.04) $ 0.17 $ (0.15) $ (0.94) $ 0.08
Basic loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   (0.70) (1.33)
Basic loss per share (usd per share) 0.06 (0.11) (1.29) (0.13) (1.68) (0.17) 0.03 0.22 (1.49) (1.64) (1.25)
Diluted (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share) (0.31) 0.05 0.05 0.06 (1.04) (0.01) (0.04) 0.17 (0.15) (0.94) 0.08
Diluted loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   (0.70) (1.33)
Diluted loss per share (usd per share) $ 0.06 $ (0.11) $ (1.29) $ (0.13) $ (1.68) $ (0.17) $ 0.03 $ 0.22 $ (1.49) $ (1.64) $ (1.25)
Weighted average shares outstanding:                      
Basic (shares)                 54,427 54,369 54,148
Diluted (shares)                 54,427 54,369 54,292
Net (loss) income from continuing operations attributable to EZCORP, Inc.                 $ (7,973) $ (51,298) $ 4,476
Loss from discontinued operations attributable to EZCORP, Inc.                 $ (72,771) (37,894) (72,193)
As Previously Reported                      
Revenues:                      
Merchandise sales                   402,118 388,022
Jewelry scrapping sales                   57,973 96,241
Pawn service charges                   247,204 248,378
Consumer loan fees and interest                   78,066 63,702
Other revenues                   3,008 3,949
Total revenues                   788,369 800,292
Merchandise cost of goods sold                   267,789 248,637
Jewelry scrapping cost of goods sold                   46,066 72,830
Consumer loan bad debt                   29,571 22,051
Other cost of revenues                   0 0
Net revenues                   444,943 456,774
Operating expenses:                      
Operations                   327,603 325,921
Administrative                   72,986 79,944
Depreciation and amortization                   33,543 31,762
Loss on sale or disposal of assets                   2,659 (5,841)
Restructuring                   17,080 6,664
Total operating expenses                   453,871 438,450
Operating income (loss)                   (8,928) 18,324
Interest expense                   42,202 28,389
Interest income                   (1,608) (1,298)
Loss (income) from investments in unconsolidated affiliates                   5,473 (5,948)
Impairment of investments                   29,237 7,940
Other expense                   6,611 480
Income (loss) from continuing operations before income taxes                   (90,843) (11,239)
Income tax expense (benefit)                   (26,695) (7,246)
(Loss) income from continuing operations, net of tax                   (64,148) (3,993)
Loss from discontinued operations, net of tax                   (27,316) (68,093)
Net loss                   (91,464) (72,086)
Net loss attributable to noncontrolling interest                   (5,015) (7,387)
Net loss attributable to EZCORP, Inc.                   $ (86,449) $ (64,699)
Earnings Per Share [Abstract]                      
Basic (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share)                   $ (1.09) $ 0.05
Basic loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   (0.50) (1.25)
Basic loss per share (usd per share)                   (1.59) (1.20)
Diluted (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share)                   (1.09) 0.06
Diluted loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   (0.50) (1.25)
Diluted loss per share (usd per share)                   $ (1.59) $ (1.19)
Weighted average shares outstanding:                      
Basic (shares)                   54,369 54,148
Diluted (shares)                   54,369 54,292
Net (loss) income from continuing operations attributable to EZCORP, Inc.                   $ (59,133) $ 3,394
Loss from discontinued operations attributable to EZCORP, Inc.                   (27,316) (68,093)
Corrections of Errors | Adjustments                      
Revenues:                      
Merchandise sales                   0 0
Jewelry scrapping sales                   0 0
Pawn service charges                   0 0
Consumer loan fees and interest                   0 0
Other revenues                   0 0
Total revenues                   0 0
Merchandise cost of goods sold                   0 0
Jewelry scrapping cost of goods sold                   0 0
Consumer loan bad debt                   0 0
Other cost of revenues                   0 0
Net revenues                   0 0
Operating expenses:                      
Operations                   0 0
Administrative                   0 0
Depreciation and amortization                   0 0
Loss on sale or disposal of assets                   0 0
Restructuring                   0 0
Total operating expenses                   0 0
Operating income (loss)                   0 0
Interest expense                   0 0
Interest income                   0 0
Loss (income) from investments in unconsolidated affiliates                   0 0
Impairment of investments                   (2,400) 0
Other expense                   0 0
Income (loss) from continuing operations before income taxes                   2,400 0
Income tax expense (benefit)                   5,163 3,956
(Loss) income from continuing operations, net of tax                   (2,763) (3,956)
Loss from discontinued operations, net of tax                   0 2,006
Net loss                   (2,763) (1,950)
Net loss attributable to noncontrolling interest                   (20) 1,068
Net loss attributable to EZCORP, Inc.                   $ (2,743) $ (3,018)
Earnings Per Share [Abstract]                      
Basic (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share)                   $ (0.05) $ (0.08)
Basic loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   0.00 0.03
Basic loss per share (usd per share)                   (0.05) (0.05)
Diluted (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share)                   (0.05) (0.09)
Diluted loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   0.00 0.03
Diluted loss per share (usd per share)                   $ (0.05) $ (0.06)
Weighted average shares outstanding:                      
Basic (shares)                   0 0
Diluted (shares)                   0 0
Net (loss) income from continuing operations attributable to EZCORP, Inc.                   $ (2,743) $ (5,024)
Loss from discontinued operations attributable to EZCORP, Inc.                   0 2,006
Discontinued Operations | Adjustments                      
Revenues:                      
Merchandise sales                   0 0
Jewelry scrapping sales                   0 0
Pawn service charges                   0 0
Consumer loan fees and interest                   (68,114) (53,377)
Other revenues                   (255) (1,145)
Total revenues                   (68,369) (54,522)
Merchandise cost of goods sold                   0 0
Jewelry scrapping cost of goods sold                   0 0
Consumer loan bad debt                   (26,446) (19,605)
Other cost of revenues                   0 0
Net revenues                   (41,923) (34,917)
Operating expenses:                      
Operations                   (32,664) (32,184)
Administrative                   0 0
Depreciation and amortization                   (2,584) (2,503)
Loss on sale or disposal of assets                   0 0
Restructuring                   0 0
Total operating expenses                   (35,248) (34,687)
Operating income (loss)                   (6,675) (230)
Interest expense                   (25,817) (20,478)
Interest income                   1,330 999
Loss (income) from investments in unconsolidated affiliates                   0 0
Impairment of investments                   0 0
Other expense                   (4,424) 121
Income (loss) from continuing operations before income taxes                   22,236 19,128
Income tax expense (benefit)                   7,507 7,741
(Loss) income from continuing operations, net of tax                   14,729 11,387
Loss from discontinued operations, net of tax                   (14,729) (11,387)
Net loss                   0 0
Net loss attributable to noncontrolling interest                   0 0
Net loss attributable to EZCORP, Inc.                   $ 0 $ 0
Earnings Per Share [Abstract]                      
Basic (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share)                   $ 0.20 $ 0.11
Basic loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   (0.20) (0.11)
Basic loss per share (usd per share)                   0.00 0.00
Diluted (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share)                   0.20 0.11
Diluted loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   (0.20) (0.11)
Diluted loss per share (usd per share)                   $ 0.00 $ 0.00
Weighted average shares outstanding:                      
Basic (shares)                   0 0
Diluted (shares)                   0 0
Net (loss) income from continuing operations attributable to EZCORP, Inc.                   $ 10,578 $ 6,106
Loss from discontinued operations attributable to EZCORP, Inc.                   (10,578) (6,106)
Other | Adjustments                      
Revenues:                      
Merchandise sales                   0 0
Jewelry scrapping sales                   0 0
Pawn service charges                   0 0
Consumer loan fees and interest                   (9,952) (10,325)
Other revenues                   9,952 10,325
Total revenues                   0 0
Merchandise cost of goods sold                   0 0
Jewelry scrapping cost of goods sold                   0 0
Consumer loan bad debt                   (3,125) (2,446)
Other cost of revenues                   3,125 2,446
Net revenues                   0 0
Operating expenses:                      
Operations                   0 0
Administrative                   0 0
Depreciation and amortization                   0 0
Loss on sale or disposal of assets                   0 0
Restructuring                   0 0
Total operating expenses                   0 0
Operating income (loss)                   0 0
Interest expense                   0 0
Interest income                   0 0
Loss (income) from investments in unconsolidated affiliates                   0 0
Impairment of investments                   0 0
Other expense                   0 0
Income (loss) from continuing operations before income taxes                   0 0
Income tax expense (benefit)                   0 0
(Loss) income from continuing operations, net of tax                   0 0
Loss from discontinued operations, net of tax                   0 0
Net loss                   0 0
Net loss attributable to noncontrolling interest                   0 0
Net loss attributable to EZCORP, Inc.                   $ 0 $ 0
Earnings Per Share [Abstract]                      
Basic (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share)                   $ 0.00 $ 0.00
Basic loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   0.00 0.00
Basic loss per share (usd per share)                   0.00 0.00
Diluted (loss) income per share attributable to EZCORP, Inc. — continuing operations (usd per share)                   0.00 0.00
Diluted loss per share attributable to EZCORP, Inc. — discontinuing operations (usd per share)                   0.00 0.00
Diluted loss per share (usd per share)                   $ 0.00 $ 0.00
Weighted average shares outstanding:                      
Basic (shares)                   0 0
Diluted (shares)                   0 0
Net (loss) income from continuing operations attributable to EZCORP, Inc.                   $ 0 $ 0
Loss from discontinued operations attributable to EZCORP, Inc.                   $ 0 $ 0