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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

Pay Versus Performance Table

 

The table below sets forth additional compensation information for our NEOs, calculated in accordance with SEC regulations, for fiscal years 2024, 2023 and 2022:

 

Year

  

Summary
Compensation
Table Total for
PEO

(a)

    

Compensation
Actually Paid
to PEO

(b)

    

Average
Summary
Compensation
Table total for
Non-PEO
NEOs

(c)

    

Average
Compensation
Actually Paid
to Non-PEO
NEOs

(d)

    

Atlanticus

Total
Shareholder
Return

(e)

    

Net
Income
($thousands)

(f)

  

2024

   $ 1,812,375     $ 2,904,947     $ 1,871,831     $ 2,236,120     $ 78.21     $ 110,106  

2023

   $ 2,049,906     $ 2,594,009     $ 1,868,381     $ 2,045,970     $ 54.22     $ 101,954  

2022

   $ 2,189,624     $ 398,008     $ 2,144,495     $ 2,018,996     $ 36.74     $ 134,612  

 

Column (a). Reflects compensation amounts reported in the Summary Compensation Table. For 2024, 2023 and 2022, the PEO was Jeffrey A. Howard.

 

Column (b). Reflects the respective amounts set forth in column (a) of the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules and computed in accordance with the methodology used for financial reporting purposes. The dollar amounts reflected in column (b) of the table above do not reflect the actual amount of compensation earned, realized, or received by the PEO during the applicable year, with a significant portion of the value subject to forfeiture in the event that the underlying vesting conditions with respect to the equity awards are not achieved.

    
PEO Total Compensation Amount $ 1,812,375 $ 2,049,906 $ 2,189,624
PEO Actually Paid Compensation Amount $ 2,904,947 2,594,009 398,008
Adjustment To PEO Compensation, Footnote

Year

  

Summary
Compensation
Table Total for
PEO

    

Less: Summary
Compensation
Table Total
Equity (Stock
Awards +
Option
Awards)

    

Plus: Fair Value
as of Fiscal
Year-End
of Stock and
Option Awards
Granted in
Covered Year

    

Plus: Change

in
Fair Value of
Outstanding
Unvested

Stock
and Option
Awards

From
Prior Years

    

Plus: Change in
Fair Value of
Stock and
Option Awards
from Prior
Years that
Vested in the
Covered Year ($)

    

Less: Fair Value
at Prior Fiscal
Year-End
of Stock and
Option Awards
Forfeited
during the
Covered Year ($)

    

Compensation
Actually Paid
to PEO

  

2024

   $ 1,812,375     $ 477,025     $ 865,315     $ 435,330     $ 268,952       —     $ 2,904,947  

2023

   $ 2,049,906     $ 715,006     $ 1,102,443     $ 157,783     $ (1,117 )     —     $ 2,594,009  

2022

   $ 2,189,624     $ 860,049     $ 494,368     $ (14,280 )   $ (1,411,655 )     —     $ 398,008  

 

Column (c). Reflects compensation amounts reported in the Summary Compensation Table. David G. Hanna and William R. McCamey are the non-PEO NEOs included in the average amounts shown.

 

Column (d). Reflects the respective amounts set forth in column (c) of the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules and computed in accordance with the methodology used for financial reporting purposes. The dollar amounts reflected in column (d) of the table above do not reflect the actual amount of compensation earned, realized, or received by the non-PEO NEOs during the applicable year, with a significant portion of the value subject to forfeiture in the event that the underlying vesting conditions with respect to the equity awards are not achieved.

    
Non-PEO NEO Average Total Compensation Amount $ 1,871,831 1,868,381 2,144,495
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,236,120 2,045,970 2,018,996
Adjustment to Non-PEO NEO Compensation Footnote

Year

  

Summary
Compensation
Table Total for
Non-PEO
NEOs

    

Less: Summary
Compensation
Table Total
Equity (Stock
Awards +
Option
Awards)

    

Plus: Fair Value
as of Fiscal Year-End
of Stock and
Option Awards
Granted in
Covered Year

    

Plus: Change
in Fair Value

of
Outstanding
Unvested
Stock and
Option

Awards

From
Prior Years

    

Plus: Change in
Fair Value of
Stock and
Option Awards
from Prior
Years that
Vested in the
Covered Year ($)

    

Less: Fair Value
at Prior Fiscal Year-End
of Stock and
Option Awards
Forfeited

during the
Covered Year ($)

    

Compensation
Actually Paid
to Non-PEO
NEOs

  

2024

   $ 1,871,831     $ 166,512     $ 302,049     $ 143,741     $ 85,011       —     $ 2,236,120  

2023

   $ 1,868,381     $ 250,010     $ 385,482     $ 42,411     $ (294 )     —     $ 2,045,970  

2022

   $ 2,144,495     $ 230,020     $ 132,219     $ (14,280 )   $ (13,418 )     —     $ 2,018,996  

 

Column (e). For the relevant fiscal year, represents the cumulative total shareholder return (“TSR”) of Atlanticus through December 31 of the applicable fiscal year, assuming $100 was invested on December 31, 2021.

 

Column (f). Reflects Net Income in Atlanticus’ Consolidated Statements of Income included in the Company’s Annual Reports on Form 10-K for each of the years ended December 31, 2024, 2023 and 2022.

 

24
 

 

    
Compensation Actually Paid vs. Total Shareholder Return

Relationship Between Compensation Actually Paid and Certain Financial Performance Measures

 

The following graphs illustrate the relationship between compensation actually paid to our PEO and other NEOs in 2024, 2023 and 2022 and certain financial performance measures.         

 

Relationship Between Compensation Actually Paid and TSR

 

The following graph illustrates the relationship between compensation actually paid to our PEO and other NEOs, the cumulative total shareholder return (“TSR”) on $100 investing in Atlanticus’ Common Stock at the close of the market on December 31, 2021, with dividends reinvested on the date paid through December 31, 2024.

 

image1.jpg
    
Compensation Actually Paid vs. Net Income

Relationship Between Compensation Actually Paid and Net Income

 

The following graph illustrates the relationship between compensation actually paid to our PEO and other NEOs and Atlanticus’ Net Income in 2024, 2023 and 2022.

 

image2.jpg
    
Total Shareholder Return Amount $ 78.21 54.22 36.74
Net Income (Loss) 110,106,000 101,954,000 134,612,000
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 477,025 715,006 860,049
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 865,315 1,102,443 494,368
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 435,330 157,783 (14,280)
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 268,952 (1,117) (1,411,655)
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 166,512 250,010 230,020
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 302,049 385,482 132,219
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 143,741 42,411 (14,280)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 85,011 (294) (13,418)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 0 $ 0 $ 0