EZCORP (EZPW) 10-Q 3 Feb 20 2020 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Dec. 31, 2019	Jan. 29, 2020
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2019
Document Transition Report	false
Entity File Number	0-19424
Entity Registrant Name	EZCORP, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	74-2540145
Entity Address, Address Line One	2500 Bee Cave Road
Entity Address, Address Line Two	Bldg One
Entity Address, Address Line Three	Suite 200
Entity Address, City or Town	Rollingwood
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	78746
City Area Code	512
Local Phone Number	314-3400
Title of 12(b) Security	Class A Non-voting Common Stock, par value $.01 per share
Trading Symbol	EZPW
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Entity Central Index Key	0000876523
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Common Stock Class A Non-voting
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (shares)		52,651,188
Common Stock Class B Voting
Document Information [Line Items]
No Trading Symbol Flag
Entity Common Stock, Shares Outstanding (shares)		2,970,171

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 143,141	$ 157,567	$ 297,031
Pawn loans	195,586	199,058	193,984
Pawn service charges receivable, net	32,250	31,802	31,558
Inventory, net	187,369	179,355	175,422
Notes receivable, net	7,450	7,182	26,711
Prepaid expenses and other current assets	36,142	30,796	31,483
Total current assets	601,938	605,760	756,189
Investments in unconsolidated affiliates	29,272	34,516	35,511
Property and equipment, net	65,246	67,357	69,770
Lease right-of-use asset	225,950
Goodwill	301,282	300,527	296,638
Intangible assets, net	68,995	68,044	55,956
Notes receivable, net	1,124	1,117	4,599
Deferred tax asset, net	2,123	1,998	10,104
Other assets	5,012	4,383	4,442
Total assets	1,300,942	1,083,702	1,233,209
Current liabilities:
Current maturities of long-term debt, net	215	214	190,238
Accounts payable, accrued expenses and other current liabilities	51,621	77,957	57,380
Customer layaway deposits	12,548	12,915	11,747
Lease liability	48,052
Total current liabilities	112,436	91,086	259,365
Long-term debt, net	241,209	238,380	229,928
Deferred tax liability, net	2,119	1,985	9,617
Lease liability	186,352
Other long-term liabilities	7,226	7,302	6,150
Total liabilities	549,342	338,753	505,060
Commitments and contingencies (Note 9)
Stockholders’ equity:
Additional paid-in capital	407,440	407,628	400,081
Retained earnings	389,928	389,163	383,256
Accumulated other comprehensive loss	(46,327)	(52,398)	(48,739)
EZCORP, Inc. stockholders’ equity	751,600	744,949	735,152
Noncontrolling interest	0	0	(7,003)
Total equity	751,600	744,949	728,149
Total liabilities and equity	1,300,942	1,083,702	1,233,209
Common Stock Class A Non-voting
Stockholders’ equity:
Common stock	529	526	524
Common Stock Class B Voting
Stockholders’ equity:
Common stock	$ 30	$ 30	$ 30

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Common Stock Class A Non-voting
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01000
Common stock, shares authorized (shares)	100,000,000	100,000,000	100,000,000
Common stock, shares issued (shares)	52,886,122	52,565,064	52,475,070
Common stock, shares outstanding (shares)	52,886,122	52,565,064	52,475,070
Common Stock Class B Voting
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01000
Common stock, shares authorized (shares)	3,000,000	3,000,000	3,000,000
Common stock, shares issued (shares)	2,970,171	2,970,171	2,970,171
Common stock, shares outstanding (shares)	2,970,171	2,970,171	2,970,171

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Revenues:
Total revenues	$ 222,435	$ 215,695
Net revenues	130,069	130,049
Operating expenses:
Operations	90,625	90,853
Administrative	17,489	13,165
Depreciation and amortization	7,733	6,848
Loss on sale or disposal of assets and other	744	4,442
Total operating expenses	116,591	115,308
Operating income	13,478	14,741
Interest expense	5,329	8,791
Interest income	(843)	(3,339)
Equity in net loss of unconsolidated affiliates	5,897	1,119
Impairment of investment in unconsolidated affiliates	0	13,274
Other expense (income)	71	(386)
Income (loss) from continuing operations before income taxes	3,024	(4,718)
Income tax expense (benefit)	1,759	(1,058)
Income (loss) from continuing operations, net of tax	1,265	(3,660)
Loss from discontinued operations, net of tax	(27)	(183)
Net income (loss)	1,238	(3,843)
Net loss attributable to noncontrolling interest	0	(477)
Net income (loss) attributable to EZCORP, Inc.	$ 1,238	$ (3,366)
Basic earnings (loss) per share attributable to EZCORP, Inc. — continuing operations (in dollars per share)	$ 0.02	$ (0.06)
Diluted earnings (loss) per share attributable to EZCORP, Inc. — continuing operations (in dollars per share)	$ 0.02	$ (0.06)
Weighted-average basic shares outstanding	55,666	55,032
Weighted-average diluted shares outstanding	55,687	55,032
Merchandise
Revenues:
Total revenues	$ 126,728	$ 121,024
Cost of revenues	84,076	77,112
Jewelry scrapping
Revenues:
Total revenues	9,528	9,281
Cost of revenues	7,754	8,050
Pawn service charges
Revenues:
Total revenues	84,725	83,519
Other
Revenues:
Total revenues	1,454	1,871
Cost of revenues	$ 536	$ 484

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 1,238	$ (3,843)
Other comprehensive gain (loss):
Foreign currency translation gain (loss), net of income tax expense for our investment in unconsolidated affiliate of $122 and $87 for the three months ended December 31, 2019 and 2018.	6,071	(6,383)
Comprehensive income (loss)	7,309	(10,226)
Comprehensive loss attributable to noncontrolling interest	0	(477)
Comprehensive income (loss) attributable to EZCORP, Inc.	$ 7,309	$ (9,749)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustment, tax	$ 122	$ 87

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interest
Beginning balance (shares) at Sep. 30, 2018		54,585
Beginning Balance at Sep. 30, 2018	$ 739,408	$ 546	$ 397,927	$ 386,622	$ (42,356)	$ (3,331)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock compensation	2,247		2,247
Release of restricted stock (shares)		860
Release of restricted stock	8	$ 8
Taxes paid related to net share settlement of equity awards	(3,288)		(3,288)
Transfer of subsidiary shares to noncontrolling interest			3,195			(3,195)
Foreign currency translation gain (loss)	(6,383)				(6,383)
Net income (loss)	(3,843)			(3,366)		(477)
Ending balance (shares) at Dec. 31, 2018		55,445
Ending Balance at Dec. 31, 2018	728,149	$ 554	400,081	383,256	(48,739)	$ (7,003)
Beginning balance (shares) at Sep. 30, 2019		55,535
Beginning Balance at Sep. 30, 2019	744,949	$ 556	407,628	389,163	(52,398)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock compensation	1,695		1,695
Release of restricted stock (shares)		463
Release of restricted stock	5	$ 5
Taxes paid related to net share settlement of equity awards	(1,395)		(1,395)
Foreign currency translation gain (loss)	6,071				6,071
Purchase and retirement of treasury stock (in shares)		(142)
Purchase and retirement of treasury stock	(963)	$ (2)	(488)	(473)
Net income (loss)	1,238			1,238
Ending balance (shares) at Dec. 31, 2019		55,856
Ending Balance at Dec. 31, 2019	$ 751,600	$ 559	$ 407,440	$ 389,928	$ (46,327)

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Operating activities:
Net income (loss)	$ 1,238	$ (3,843)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:
Depreciation and amortization	7,733	6,848
Amortization of debt discount and deferred financing costs	3,229	5,585
Amortization of lease right-of-use asset	11,474
Accretion of notes receivable discount and deferred compensation fee	(275)	(1,376)
Deferred income taxes	10	352
Impairment of investment in unconsolidated affiliates	0	13,274
Other adjustments	1,298	5,052
Stock compensation expense	1,695	2,238
Loss from investments in unconsolidated affiliates	5,897	1,119
Changes in operating assets and liabilities, net of business acquisitions:
Service charges and fees receivable	(355)	(726)
Inventory	(1,592)	685
Prepaid expenses, other current assets and other assets	(9,649)	(1,564)
Accounts payable, accrued expenses and other liabilities	(29,966)	(836)
Customer layaway deposits	(467)	18
Income taxes	(1,188)	(3,445)
Net cash (used in) provided by operating activities	(10,918)	23,381
Investing activities:
Loans made	(187,362)	(186,588)
Loans repaid	109,623	106,643
Recovery of pawn loan principal through sale of forfeited collateral	76,515	70,594
Additions to property and equipment, net	(5,574)	(5,880)
Acquisitions, net of cash acquired	0	(332)
Principal collections on notes receivable	0	7,284
Net cash used in investing activities	(6,798)	(8,279)
Financing activities:
Taxes paid related to net share settlement of equity awards	(1,395)	(3,288)
Payout of deferred consideration	(175)	0
Proceeds from borrowings, net of issuance costs	(109)	743
Payments on borrowings	(292)	(67)
Repurchase of common stock	(963)	0
Net cash used in financing activities	(2,934)	(2,612)
Effect of exchange rate changes on cash and cash equivalents and restricted cash	1,349	(782)
Net (decrease) increase in cash, cash equivalents and restricted cash	(19,301)	11,708
Cash, cash equivalents and restricted cash at beginning of period	162,442	285,578
Cash, cash equivalents and restricted cash at end of period	143,141	297,286
Non-cash investing and financing activities:
Pawn loans forfeited and transferred to inventory	$ 82,878	$ 80,301

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	3 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1: ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of Business When used in this report, the terms “we,” “us,” “our,” “EZCORP” and the “Company” mean EZCORP, Inc. and its consolidated subsidiaries, collectively. We are a leading provider of pawn loans in the United States and Latin America. Pawn loans are non-recourse loans collateralized by tangible property. We also sell merchandise, primarily collateral forfeited from pawn lending operations and used merchandise purchased from customers, and operate a small number of financial services stores in Canada. Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. Our management has included all adjustments it considers necessary for a fair presentation which are of a normal, recurring nature. All intercompany accounts and transactions have been eliminated in consolidation. The accompanying financial statements should be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the year ended September 30, 2019 . The balance sheet as of September 30, 2019 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements. Our business is subject to seasonal variations, and operating results for the three months ended December 31, 2019 and 2018 (the "current quarter" and "prior-year quarter," respectively) are not necessarily indicative of the results of operations for the full fiscal year. There have been no changes in significant accounting policies as described in our Annual Report on Form 10-K for the year ended September 30, 2019 , other than those described below and in Note 10 . Use of Estimates and Assumptions The preparation of these financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities. On an ongoing basis, we evaluate our estimates and judgments, including those related to revenue recognition, inventories, loan loss allowances, long-lived and intangible assets, share-based compensation, income taxes, contingencies and litigation. We base our estimates on historical experience, observable trends and various other assumptions that we believe are reasonable under the circumstances. We use this information to make judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ materially from these estimates under different assumptions or conditions. Recently Adopted Accounting Policies In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). This Accounting Standards Update ("ASU") requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. The provisions of this ASU are effective as of the beginning of our fiscal 2020 on October 1, 2019. We adopted this ASU using the optional prospective transition method provided under ASU 2018-11, Leases, (Topic 842): Targeted Improvement as of October 1, 2019. We additionally elected the package of practical expedients under Accounting Standards Codification (“ASC”) 842-10-65-1(f) as well as the practical expedient not to separate lease and non-lease components for all real estate leases under ASC 842-10-15-37. Further, we have elected an accounting policy not to record right-of-use assets and lease liabilities for all leases which have a duration of less than 12-months. See Note 4 for additional discussion. Recently Issued Accounting Pronouncements • In June 2016, the FASB issued ASU 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU, along with subsequently issued related ASUs, requires financial assets (or groups of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected, among other provisions. Early adoption is permitted for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A reporting entity should generally apply the amendment on a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the amendment is effective. We have not identified any impacts to our financial statements that we believe will be material as a result of the adoption of the ASU, although we continue to evaluate the impact of adoption. We believe we are following an appropriate timeline to allow for proper recognition, presentation and disclosure upon adoption of this ASU which is effective for the first quarter of our fiscal 2021. Please refer to Note 1 of Notes to Consolidated Financial Statements included in "Part II, Item 8 — Financial Statements and Supplementary Data" of our Annual Report on Form 10-K for the year ended September 30, 2019 for discussion of our significant accounting policies and other accounting pronouncements issued but not yet adopted.

Acquisitions

Acquisitions	3 Months Ended
	Dec. 31, 2019
Business Combinations [Abstract]
ACQUISITIONS	NOTE 2: ACQUISITIONS In June 2019, we acquired assets related to seven pawn stores operating under the name "Metro Pawn" in Nevada, entering the Reno market and expanding our presence in the Las Vegas metropolitan area, for an aggregate purchase price of $7.0 million in cash, of which $3.9 million was recorded as goodwill. In December 2018, we acquired assets related to five pawn stores in Mexico for an aggregate purchase price of $0.3 million in cash, of which $0.1 million was recorded as goodwill. We expect substantially all goodwill attributable to the fiscal 2019 acquisitions to be deductible for tax purposes. We have concluded that these acquisitions were immaterial to our overall consolidated financial results and, therefore, have omitted information that would otherwise be required.

Earnings per Share

Earnings per Share	3 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 3: EARNINGS PER SHARE Components of basic and diluted earnings per share and excluded antidilutive potential common shares are as follows: Three Months Ended December 31, 2019 2018 (in thousands, except per share amounts) Net income (loss) from continuing operations attributable to EZCORP (A) $ 1,265 $ (3,183 ) Loss from discontinued operations, net of tax (B) (27 ) (183 ) Net income (loss) attributable to EZCORP (C) $ 1,238 $ (3,366 ) Weighted-average outstanding shares of common stock (D) 55,666 55,032 Dilutive effect of restricted stock* 21 — Weighted-average common stock and common stock equivalents (E) 55,687 55,032 Basic earnings (loss) per share attributable to EZCORP: Continuing operations (A / D) $ 0.02 $ (0.06 ) Discontinued operations (B / D) — — Basic earnings (loss) per share (C / D) $ 0.02 $ (0.06 ) Diluted earnings (loss) per share attributable to EZCORP: Continuing operations (A / E) $ 0.02 $ (0.06 ) Discontinued operations (B / E) — — Diluted earnings (loss) per share (C / E) $ 0.02 $ (0.06 ) Potential common shares excluded from the calculation of diluted earnings per share above*: Restricted stock** 2,216 2,626 * See Note 7 for discussion of the terms and conditions of the potential impact of the 2019 Convertible Notes Warrants, 2024 Convertible Notes and 2025 Convertible Notes. As required by ASC 260-10-45-19, amount excludes all potential common shares for periods when there is a loss from continuing operations. ** Includes antidilutive share-based awards as well as performance-based and market conditioned share-based awards that are contingently issuable, but for which the condition for issuance has not been met as of the end of the reporting period.

Leases

Leases	3 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Leases	NOTE 4: LEASES As described in Note 1, we adopted ASU 2016-02, Leases (Topic 842) as of October 1, 2019. We lease our pawn locations and corporate offices under operating leases and determine if an arrangement is or contains a lease at inception. After an initial lease term of generally three to ten years, our real property lease agreements typically allow renewals in three to five -year increments. We generally account for the initial lease term of our pawn locations as up to ten years , including renewal options. Our corporate office is leased through March 2029 with annually escalating rent and includes two five -year extension options at the end of the initial lease term. Our pawn location lease agreements generally include rent escalations throughout the initial lease term, with certain future rental payments contingent on increases in a consumer price index, included in variable lease expense. Many leases include both lease and non-lease components, which we have elected not to account for separately. Lease components generally include rent, taxes and insurance, while non-lease components generally include common area or other maintenance. The weighted-average remaining lease term for operating leases as of December 31, 2019 was 6.02 years . As our leases generally do not include an implicit rate, we compute our incremental borrowing rate based on information available at the lease commencement date applying the portfolio approach to groups of leases with similar characteristics. We used incremental borrowing rates that match the duration of the remaining lease terms of our operating leases on a fully collateralized basis upon adoption as of October 1, 2019 to initially measure our lease liability. The weighted average incremental borrowing rate used to measure our lease liability as of December 31, 2019 was 8.44% . The details of our right-of-use asset and lease liability recognized upon adoption of ASC 842 computed based on the consumer price index and foreign currency exchange rate as applicable then in effect and excluding executory costs on October 1, 2019 are as follows (in thousands): Right-of-use asset $ 246,028 Straight-line rent accrual (8,479 ) $ 237,549 Lease liability, current $ 45,272 Lease liability, non-current 200,756 $ 246,028 Lease expense is recognized on a straight-line basis over the lease term with variable lease expense recognized in the period in which the costs are incurred. The components of lease expense included in "Operations" and "Administrative" expense, based on the underlying lease use, in our condensed consolidated statements of operations for the three months ended December 31, 2019 are as follows (in thousands): Operating lease expense $ 16,526 Variable lease expense 2,807 $ 19,333 Maturity of our lease liabilities as of December 31, 2019 is as follows (in thousands): Nine months ending September 30, 2020 $ 47,822 Fiscal 2021 58,922 Fiscal 2022 49,943 Fiscal 2023 40,548 Fiscal 2024 31,309 Thereafter 73,695 $ 302,239 Less: Portion representing interest (67,835 ) $ 234,404 Prior to our adoption of ASC 842, future minimum undiscounted rentals due under non-cancelable leases as of September 30, 2019 for each subsequent fiscal year were as follows (in thousands): 2020 $ 69,291 2021 60,588 2022 46,720 2023 32,062 2024 19,969 Thereafter 39,256 $ 267,886 We present the changes in our lease right-of-use asset and lease liabilities gross in our condensed consolidated statements of cash flows. The supplemental cash flow information relating to our operating leases for the three months ended December 31, 2019 is as follows (in thousands): Lease right-of-use assets obtained in exchange for operating lease liabilities subsequent to adoption of ASC 842 $ 748

Strategic Investments

Strategic Investments	3 Months Ended
	Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]
STRATEGIC INVESTMENTS	NOTE 5: STRATEGIC INVESTMENTS As of December 31, 2019 , we owned 214,183,714 shares, or approximately 34.75% , of Cash Converters International Limited ("Cash Converters International"). The following tables present summary financial information for Cash Converters International’s most recently reported results after translation to U.S. dollars: June 30, 2019 2018 (in thousands) Current assets $ 173,826 $ 229,105 Non-current assets 152,483 148,195 Total assets $ 326,309 $ 377,300 Current liabilities $ 77,434 $ 122,924 Non-current liabilities 26,163 15,449 Shareholders’ equity 222,712 238,927 Total liabilities and shareholders’ equity $ 326,309 $ 377,300 Fiscal Year Ended June 30, 2019 2018 (in thousands) Gross revenues $ 201,365 $ 201,800 Gross profit 111,932 128,366 Net (loss) profit (1,210 ) 17,443 On October 21, 2019, Cash Converters International agreed to settle a class action lawsuit previously filed on behalf of borrowers residing in Queensland, Australia who took out personal loans from Cash Converters International between July 30, 2009 and June 30, 2013. Cash Converters International agreed to pay AUD $42.5 million , subject to court approval. We recorded a charge, net of tax, of $7.1 million for our proportionate share of the settlement in the current quarter related to this event, in addition to our regularly included share of earnings from Cash Converters International. Cash Converters International has indicated that it expects to pay the settlement amount with cash on hand and cash flow from operations.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 6: FAIR VALUE MEASUREMENTS Our assets and liabilities discussed below are classified in one of the following three categories based on the inputs used to develop their fair values: Level 1 — Quoted market prices in active markets for identical assets or liabilities; Level 2 — Other observable market-based inputs or unobservable inputs that are corroborated by market data; and Level 3 — Unobservable inputs that are not corroborated by market data. We have elected not to measure at fair value any eligible items for which fair value measurement is optional. There were no transfers in or out of Level 1, Level 2 or Level 3 for financial assets or liabilities measured at fair value on a recurring basis during the periods presented. The tables below present our financial assets and liabilities that were not measured at fair value on a recurring basis: Carrying Value Estimated Fair Value December 31, 2019 December 31, 2019 Fair Value Measurement Using Level 1 Level 2 Level 3 (in thousands) Financial assets: Notes receivable from Grupo Finmart, net $ 7,450 $ 7,729 $ — $ — $ 7,729 2.89% promissory note receivable due April 2024 1,124 1,124 — — 1,124 Investments in unconsolidated affiliates 29,272 42,460 34,555 — 7,905 Financial liabilities: 2024 Convertible Notes $ 112,740 $ 136,634 $ — $ 136,634 $ — 2025 Convertible Notes 127,902 136,965 — 136,965 — 8.5% unsecured debt due 2024 1,042 1,042 — — 1,042 CASHMAX secured borrowing facility (260 ) 404 — — 404 Carrying Value Estimated Fair Value December 31, 2018 December 31, 2018 Fair Value Measurement Using Level 1 Level 2 Level 3 (in thousands) Financial assets: Notes receivable from Grupo Finmart, net $ 31,310 $ 33,710 $ — $ — $ 33,710 Investments in unconsolidated affiliates 35,511 35,511 35,511 — — Financial liabilities: 2019 Convertible Notes $ 190,076 $ 190,613 $ — $ 190,613 $ — 2024 Convertible Notes 107,182 145,202 — 145,202 — 2025 Convertible Notes 121,316 134,447 — 134,447 — 8.5% unsecured debt due 2024 1,237 1,237 — — 1,237 CASHMAX secured borrowing facility 334 1,160 — — 1,160 Carrying Value Estimated Fair Value September 30, 2019 September 30, 2019 Fair Value Measurement Using Level 1 Level 2 Level 3 (in thousands) Financial assets: Notes receivable from Grupo Finmart, net $ 7,182 $ 7,582 $ — $ — $ 7,582 2.89% promissory note receivable due April 2024 1,117 1,117 — — 1,117 Investments in unconsolidated affiliates 34,516 28,308 20,252 — 8,056 Financial liabilities: 2024 Convertible Notes $ 111,311 $ 139,969 $ — $ 139,969 $ — 2025 Convertible Notes 126,210 138,345 — 138,345 — 8.5% unsecured debt due 2024 1,092 1,092 — — 1,092 CASHMAX secured borrowing facility (19 ) 634 — — 634 We estimate that the carrying value of our cash and cash equivalents, pawn loans, pawn service charges receivable, current consumer loans, fees and interest receivable and other debt approximate fair value. We consider our cash and cash equivalents to be measured using Level 1 inputs and our pawn loans, pawn service charges receivable, consumer loans, fees and interest receivable and other debt to be measured using Level 3 inputs. Significant increases or decreases in the underlying assumptions used to value pawn loans, pawn service charges receivable, consumer loans, fees and interest receivable and other debt could significantly increase or decrease these fair value estimates. We measured the fair value of the remaining deferred compensation fee due in fiscal 2020 from the sale of Prestaciones Finmart, S.A.P.I. de C.V., SOFOM, E.N.R. ("Grupo Finmart") to Alpha Holding, S.A. de C.V. (“AlphaCredit”) in September 2016 as of December 31, 2019 under a discounted cash flow approach considering the estimated credit ratings for Grupo Finmart and AlphaCredit, with discount rates of primarily 7% . Certain of the significant inputs used for the valuation were not observable in the market. Significant increases or decreases in the underlying assumptions used to value the notes receivable could significantly increase or decrease these fair value estimates. We remain obligated to indemnify AlphaCredit for any tax obligations arising from the Grupo Finmart business that are attributable to periods prior to the completion of the sale in September 2016, referred to as “pre-closing taxes.” Those obligations continue until the expiration of the statute of limitations applicable to the pre-closing periods. In August 2019, AlphaCredit notified us of a potential indemnity claim for certain pre-closing taxes, but the nature, extent and validity of such claim has yet to be determined. We review the financial statements of Grupo Finmart and AlphaCredit including the calculation of synthetic credit spreads as described above in making our determination that the Parent Loan Notes are collectible on an ongoing basis. The equity method of accounting is followed for our 13% ownership in a previously consolidated variable interest entity ("RDC") over which we no longer have the power to direct the activities that most significantly affect its economic performance. We believe that its fair value approximates carrying value although such fair value is highly variable and includes significant unobservable inputs. We measured the fair value of the 2024 and 2025 Convertible Notes using quoted price inputs. The notes are not actively traded, and thus the price inputs represent a Level 2 measurement. As the quoted price inputs are highly variable from day to day, the fair value estimates disclosed above could significantly increase or decrease.

Debt

Debt	3 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
DEBT	NOTE 7: DEBT The following tables present our debt instruments outstanding, contractual maturities and interest expense: December 31, 2019 December 31, 2018 September 30, 2019 Gross Amount Debt Discount and Issuance Costs Carrying Amount Gross Amount Debt Discount and Issuance Costs Carrying Amount Gross Amount Debt Discount and Issuance Costs Carrying Amount (in thousands) 2019 Convertible Notes $ — $ — $ — $ 195,000 $ (4,924 ) $ 190,076 $ — $ — $ — 2019 Convertible Notes Embedded Derivative — — — 21 — 21 — — — 2024 Convertible Notes 143,750 (31,010 ) 112,740 143,750 (36,568 ) 107,182 143,750 (32,439 ) 111,311 2025 Convertible Notes 172,500 (44,598 ) 127,902 172,500 (51,184 ) 121,316 172,500 (46,290 ) 126,210 8.5% unsecured debt due 2024* 1,042 — 1,042 1,237 — 1,237 1,092 — 1,092 CASHMAX secured borrowing facility* 404 (664 ) (260 ) 1,160 (826 ) 334 634 (653 ) (19 ) Total $ 317,696 $ (76,272 ) $ 241,424 $ 513,668 $ (93,502 ) $ 420,166 $ 317,976 $ (79,382 ) $ 238,594 Less current portion 215 — 215 195,162 (4,924 ) 190,238 214 — 214 Total long-term debt $ 317,481 $ (76,272 ) $ 241,209 $ 318,506 $ (88,578 ) $ 229,928 $ 317,762 $ (79,382 ) $ 238,380 * Amount translated from Guatemalan quetzals and Canadian dollars as of applicable period end. Certain disclosures omitted due to materiality considerations. Schedule of Contractual Maturities Total Less Than 1 Year 1 - 3 Years 3 - 5 Years More Than 5 Years (in thousands) 2024 Convertible Notes* 143,750 — — 143,750 — 2025 Convertible Notes* 172,500 — — 172,500 — 8.5% unsecured debt due 2024 1,042 215 431 396 — CASHMAX secured borrowing facility 404 — 404 — — $ 317,696 $ 215 $ 835 $ 316,646 $ — * Excludes the potential impact of embedded derivatives. Three Months Ended December 31, 2019 2018 (in thousands) 2019 Convertible Notes: Contractual interest expense $ — $ 1,076 Amortization of debt discount and deferred financing costs — 2,643 Total interest expense $ — $ 3,719 2024 Convertible Notes: Contractual interest expense $ 1,033 $ 1,033 Amortization of debt discount and deferred financing costs 1,429 1,325 Total interest expense $ 2,462 $ 2,358 2025 Convertible Notes: Contractual interest expense $ 1,024 $ 1,024 Amortization of debt discount and deferred financing costs 1,691 1,573 Total interest expense $ 2,715 $ 2,597 2.375% Convertible Senior Notes Due 2025 In May 2018, we issued $172.5 million aggregate principal amount of 2.375% Convertible Senior Notes Due 2025 (the “2025 Convertible Notes”). The 2025 Convertible Notes were issued pursuant to an indenture dated May 14, 2018 (the "2018 Indenture") by and between us and Wells Fargo Bank, National Association, as the original trustee. The 2025 Convertible Notes were issued in a private offering under Rule 144A under the Securities Act of 1933. The 2025 Convertible Notes pay interest semi-annually in arrears at a rate of 2.375% per annum on May 1 and November 1 of each year, commencing November 1, 2018, and mature on May 1, 2025 (the "2025 Maturity Date"), unless converted, redeemed or repurchased in accordance with their terms prior to such date. The carrying amount of the 2025 Convertible Notes as a separate equity-classified instrument (the “2025 Convertible Notes Embedded Derivative”) included in “Additional paid-in capital” in our condensed consolidated balance sheets of December 31, 2019 was $39.0 million . The effective interest rate for the three months ended December 31, 2019 was approximately 9% . As of December 31, 2019 , the remaining unamortized debt discount and issuance costs will be amortized through the 2025 Maturity Date assuming no early conversion. The 2025 Convertible Notes are convertible into cash or shares of Class A Non-voting Common Stock ("Class A Common Stock"), or any combination thereof, at our option subject to satisfaction of certain conditions and during the periods described in the 2018 Indenture, based on an initial conversion rate of 62.8931 shares of Class A Common Stock per $1,000 principal amount of 2025 Convertible Notes (equivalent to an initial conversion price of $15.90 per share of our Class A Common Stock). We account for the Class A Common Stock issuable upon conversion under the treasury stock method. To the extent our average share price is over $15.90 per share for any fiscal quarter or year-to-date period, we are required to recognize incremental dilution of our earnings per share. If, among other triggers described in the 2018 Indenture, the market price of our Class A Common Stock meets the threshold based on at least 20 of the final 30 trading days of the quarter for the 2025 Convertible Notes to become convertible at the option of the holders during the subsequent quarter, we may be required to classify the 2025 Convertible Notes as current on our condensed consolidated balance sheets for each quarter in which such triggers are met. The stock trading price condition and other triggers are measured on a quarter-by-quarter basis and were not met as of December 31, 2019 . As of December 31, 2019 , the if-converted value of the 2025 Convertible Notes did not exceed the principal amount. 2.875% Convertible Senior Notes Due 2024 In July 2017, we issued $143.75 million aggregate principal amount of 2.875% Convertible Senior Notes Due 2024 (the “2024 Convertible Notes”). The 2024 Convertible Notes were issued pursuant to an indenture dated July 5, 2017 (the "2017 Indenture") by and between us and Wells Fargo Bank, National Association, as the original trustee. The 2024 Convertible Notes were issued in a private offering under Rule 144A under the Securities Act of 1933. The 2024 Convertible Notes pay interest semi-annually in arrears at a rate of 2.875% per annum on January 1 and July 1 of each year, commencing January 1, 2018, and mature on July 1, 2024 (the "2024 Maturity Date"), unless converted, redeemed or repurchased in accordance with their terms prior to such date. The carrying amount of the 2024 Convertible Notes as a separate equity-classified instrument (the “2024 Convertible Notes Embedded Derivative”) included in “Additional paid-in capital” in our condensed consolidated balance sheets of December 31, 2019 was $25.3 million . The effective interest rate for the three months ended December 31, 2019 was approximately 9% . As of December 31, 2019 , the remaining unamortized debt discount and issuance costs will be amortized through the 2024 Maturity Date assuming no early conversion. The 2024 Convertible Notes are convertible into cash or shares of Class A Common Stock, or any combination thereof, at our option subject to satisfaction of certain conditions and during the periods described in the 2017 Indenture, based on an initial conversion rate of 100 shares of Class A Common Stock per $1,000 principal amount of 2024 Convertible Notes (equivalent to an initial conversion price of $10.00 per share of our Class A Common Stock). We account for the Class A Common Stock issuable upon conversion under the treasury stock method. To the extent our average share price is over $10.00 per share for any fiscal quarter, we are required to recognize incremental dilution of our earnings per share. If, among other triggers described in the 2017 Indenture, the market price of our Class A Common Stock meets the threshold based on at least 20 of the final 30 trading days of the quarter for the 2024 Convertible Notes to become convertible at the option of the holders during the subsequent quarter, we may be required to classify the 2024 Convertible Notes as current on our condensed consolidated balance sheets for each quarter in which such triggers are met. The stock trading price condition and other triggers are measured on a quarter-by-quarter basis and were not met as of December 31, 2019 . As of December 31, 2019 , the if-converted value of the 2024 Convertible Notes did not exceed the principal amount. 2.125% Cash Convertible Senior Notes Due 2019 In June 2014, we issued $200 million aggregate principal amount of 2.125% Cash Convertible Senior Notes Due 2019 (the "2019 Convertible Notes"), with an additional $30 million principal amount of 2019 Convertible Notes issued in July 2014. In July 2017, we used $34.4 million of net proceeds from the 2024 Convertible Notes offering to repurchase and retire $35.0 million aggregate principal amount of 2019 Convertible Notes. The 2019 Convertible Notes paid interest semi-annually in arrears at a rate of 2.125% per annum on June 15 and December 15 of each year. The 2019 Convertible Notes matured on June 15, 2019 (the "2019 Maturity Date") , and the remaining $195.0 million aggregate principal amount outstanding plus accrued interest was repaid using cash on hand. 2019 Convertible Notes Warrants In connection with the issuance of the 2019 Convertible Notes, we also sold net-share-settled warrants (the “2019 Convertible Notes Warrants”). The 2019 Convertible Notes Warrants allow for the purchase of up to approximately 14.3 million shares of our Class A Common Stock at a strike price of $20.83 per share. We account for the Class A Common Stock issuable upon exercise under the treasury stock method. As a result of the 2019 Convertible Notes Warrants, we will experience dilution to our diluted earnings per share if our average closing stock price exceeds $20.83 for any fiscal quarter before expiration of the warrants. The unexpired 2019 Convertible Notes Warrants expire on various dates from January 2020 through April 2020 and, if exercised, must be settled in net shares of our Class A Common Stock. Therefore, upon expiration of the 2019 Convertible Notes Warrants, we would issue shares of Class A Common Stock to the purchasers of the 2019 Convertible Notes Warrants that represent the value by which the price of the Class A Common Stock exceeds the strike price stipulated within the particular warrant agreement, if any. As of December 31, 2019 , there were a maximum of 5.0 million shares of Class A Common Stock issuable under the 2019 Convertible Notes Warrants outstanding. CASHMAX Secured Borrowing Facility In November 2018, we entered into a receivables securitization facility with a third-party lender (the "lender") to provide funding for installment loan originations in our Canadian CASHMAX business. Under the facility, a variable interest entity (the "trust") has the right, subject to various conditions, to borrow up to CAD $25 million from the lender (the "third-party loan") and use the proceeds to purchase interests in installment loan receivables generated by CASHMAX. The trust uses collections on the transferred receivables to pay various amounts in accordance with an agreed priority arrangement, including expenses, its obligations under the third-party loan and, to the extent available, amounts owned to CASHMAX with respect to the purchase price of the transferred receivables and CASHMAX's retained interest in the receivables. CASHMAX has no obligation with respect to the third-party loan or the transferred receivables except to (a) service the underlying installment loans on behalf of the trust and (b) pay amounts owing under or repurchase the underlying installment loans in the event of a breach by CASHMAX or in certain other limited circumstances. The facility is nonrecourse to EZCORP, allowed borrowing through November 2019, and fully matures in November 2021. Our obligation under the facility as of December 31, 2019 was $0.4 million .

Common Stock and Stock Compensa

Common Stock and Stock Compensation	3 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
COMMON STOCK AND STOCK COMPENSATION	NOTE 8: COMMON STOCK AND STOCK COMPENSATION Common Stock Repurchase Program In December 2019, our Board of Directors authorized the repurchase of up to $60.0 million of our Class A Common Stock over three years . During the current quarter, we repurchased and retired 142,409 shares of our Class A Common Stock for $963,000 , which amount was allocated between "Additional paid-in capital" and "Retained earnings" in our condensed consolidated balance sheets. Stock Compensation As of September 30, 2019, the EZCORP, Inc. 2010 Long-Term Incentive Plan, which has been approved by our Board of Directors, permitted grants of options, restricted stock awards and stock appreciation rights covering up to 5,485,649 shares of our Class A Common Stock. In the current quarter, we granted a total of 222,912 restricted stock awards to our nine non-employee directors. These awards vest on September 30, 2020 and are subject only to service conditions. The number of long-term incentive award shares and units granted are generally determined based on our share price as of the beginning of the fiscal year, which was $6.46 for fiscal 2020 awards.

Contingencies

Contingencies	3 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	NOTE 9: CONTINGENCIES Currently and from time to time, we are involved in various claims, suits, investigations and legal proceedings, including the lawsuit described below. While we are unable to determine the ultimate outcome of any current litigation or regulatory actions (except as noted below), we believe their resolution will not have a material adverse effect on our financial condition, results of operations or liquidity. Federal Securities Litigation — In July 2015 and August 2015, two substantially identical lawsuits were filed in the United States District Court for the Western District of Texas. Those lawsuits were subsequently consolidated into a single action under the caption In re EZCORP, Inc. Securities Litigation (Master File No. 1:15-cv-00608-SS). The original complaint related to the Company’s announcement on July 17, 2015 that it will restate its financial statements for fiscal 2014 and the first quarter of fiscal 2015, and alleged generally that the Company issued materially false or misleading statements concerning the Company, its finances, business operations and prospects and that the Company misrepresented the financial performance of the Grupo Finmart business. In January 2016, the plaintiffs filed an Amended Class Action Complaint (the "Amended Complaint"), which asserted that the Company and Mark E. Kuchenrither, our former Chief Financial Officer, violated Section 10(b) of the Securities Exchange Act and Rule 10b-5, issued materially false or misleading statements concerning the Company and its internal controls, specifically regarding the financial performance of Grupo Finmart. The plaintiffs also allege that Mr. Kuchenrither, as a controlling person of the Company, violated Section 20(a) of the Securities Exchange Act. In October 2016, the Court granted the defendants’ motion to dismiss and dismissed the Amended Complaint without prejudice. In November 2016, the plaintiffs filed a Second Amended Consolidated Class Action Complaint (“Second Amended Complaint”), raising the same claims previously dismissed by the Court, but reducing the class period (November 7, 2013 to October 20, 2015 instead of November 6, 2012 to October 20, 2015). In May 2017, the Court granted the defendants’ motion to dismiss with regard to claims related to accounting errors relating to Grupo Finmart’s bad debt reserve calculations for “nonperforming” loans, but denied the motion to dismiss with regard to claims relating to accounting errors related to certain sales of loan portfolios to third parties. Following discovery on the surviving claims, the plaintiff filed a Motion for Leave to File a Third Amended Complaint, seeking to revive the "nonperforming" loan claims that the Court previously dismissed, and on July 26, 2018, the Court granted the plaintiff's motion for leave to amend, thus accepting the Third Amended Consolidated Class Action Complaint. The Court issued an order certifying the class and approving the class representative and class counsel in February 2019, and we appealed that order to the U.S. Fifth Circuit Court of Appeals, which appeal was granted in March 2019. On May 30, 2019, the parties agreed to a mediated settlement of all remaining claims, and on June 18, 2019 entered into a Stipulation and Agreement of Settlement reflecting the terms of the agreed settlement, which called for the payment of $4.9 million by the defendants. Following a settlement fairness hearing on December 6, 2019, the Court entered a judgment approving the agreed settlement and dismissing the claims asserted against the defendants. The settlement amount (which was covered by applicable directors' and officers' liability insurance) has been disbursed as provided in the approved settlement.

Segment Information

Segment Information	3 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 10: SEGMENT INFORMATION During the first quarter of fiscal 2020, we revised the financial information our chief operating decision maker (currently our chief executive officer) reviews for operational decision-making purposes and for allocation of capital to include the separate financial results of our Lana business. Our historical segment results have been recast to conform to current presentation. We currently report our segments as follows: U.S. Pawn — all pawn activities in the United States; Latin America Pawn — all pawn activities in Mexico and other parts of Latin America; Lana — our differentiated customer-centric engagement platform; and Other International — primarily our equity interest in the net income of Cash Converters International and consumer finance activities in Canada. There are no inter-segment revenues presented below, and the amounts below were determined in accordance with the same accounting principles used in our condensed consolidated financial statements. While we expect the operations of the Lana segment to have a positive impact on our pawn loan redemption rates and therefore our pawn service charges and yield, the pawn service charges will all be reported in our pawn segments rather than allocated to the Lana segment. Only discrete revenues related to the Lana segment will be reported in the Lana segment results. Three Months Ended December 31, 2019 U.S. Pawn Latin America Pawn Lana Other Total Segments Corporate Items Consolidated (in thousands) Revenues: Merchandise sales $ 95,354 $ 31,374 $ — $ — $ 126,728 $ — $ 126,728 Jewelry scrapping sales 6,117 3,411 — — 9,528 — 9,528 Pawn service charges 64,090 20,635 — — 84,725 — 84,725 Other revenues 36 25 1 1,392 1,454 — 1,454 Total revenues 165,597 55,445 1 1,392 222,435 — 222,435 Merchandise cost of goods sold 61,364 22,712 — — 84,076 — 84,076 Jewelry scrapping cost of goods sold 4,755 2,999 — — 7,754 — 7,754 Other cost of revenues — — — 536 536 — 536 Net revenues 99,478 29,734 1 856 130,069 — 130,069 Segment and corporate expenses (income): Operations 68,059 19,983 1,350 1,233 90,625 — 90,625 Administrative — — — — — 17,489 17,489 Depreciation and amortization 2,865 1,889 12 34 4,800 2,933 7,733 Loss on sale or disposal of assets and other — 28 — — 28 716 744 Interest expense — 28 (36 ) 170 162 5,167 5,329 Interest income — (388 ) — — (388 ) (455 ) (843 ) Equity in net loss of unconsolidated affiliates — — — 5,897 5,897 — 5,897 Other expense (income) — 67 — (1 ) 66 5 71 Segment contribution (loss) $ 28,554 $ 8,127 $ (1,325 ) $ (6,477 ) $ 28,879 Income from continuing operations before income taxes $ 28,879 $ (25,855 ) $ 3,024 Three Months Ended December 31, 2018 U.S. Pawn Latin America Pawn Lana Other Total Segments Corporate Items Consolidated (in thousands) Revenues: Merchandise sales $ 95,103 $ 25,921 $ — $ — $ 121,024 $ — $ 121,024 Jewelry scrapping sales 6,552 2,729 — — 9,281 — 9,281 Pawn service charges 64,225 19,294 — — 83,519 — 83,519 Other revenues 48 42 — 1,781 1,871 — 1,871 Total revenues 165,928 47,986 — 1,781 215,695 — 215,695 Merchandise cost of goods sold 59,148 17,964 — — 77,112 — 77,112 Jewelry scrapping cost of goods sold 5,510 2,540 — — 8,050 — 8,050 Other cost of revenues — — — 484 484 — 484 Net revenues 101,270 27,482 — 1,297 130,049 — 130,049 Segment and corporate expenses (income): Operations 67,937 18,196 2,090 2,630 90,853 — 90,853 Administrative — — — — — 13,165 13,165 Depreciation and amortization 3,035 1,422 — 41 4,498 2,350 6,848 Loss on sale or disposal of assets and other 2,853 1,589 — — 4,442 — 4,442 Interest expense — 29 — 72 101 8,690 8,791 Interest income — (419 ) — — (419 ) (2,920 ) (3,339 ) Equity in net loss of unconsolidated affiliates — — — 1,119 1,119 — 1,119 Impairment of investments in unconsolidated affiliates — — — 13,274 13,274 — 13,274 Other (income) expense — (126 ) — 22 (104 ) (282 ) (386 ) Segment contribution (loss) $ 27,445 $ 6,791 $ (2,090 ) $ (15,861 ) $ 16,285 Loss from continuing operations before income taxes $ 16,285 $ (21,003 ) $ (4,718 )

Supplemental Consolidated Finan

Supplemental Consolidated Financial Information	3 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION	NOTE 11: SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION Supplemental Consolidated Financial Information The following table provides supplemental information on net amounts included in our condensed consolidated balance sheets: December 31, 2019 December 31, 2018 September 30, 2019 (in thousands) Cash and cash equivalents $ 143,141 $ 297,031 $ 157,567 Restricted cash — 255 4,875 Cash and cash equivalents and restricted cash $ 143,141 $ 297,286 $ 162,442 Gross pawn service charges receivable $ 40,887 $ 40,016 $ 41,838 Allowance for uncollectible pawn service charges receivable (8,637 ) (8,458 ) (10,036 ) Pawn service charges receivable, net $ 32,250 $ 31,558 $ 31,802 Gross inventory $ 197,519 $ 185,706 $ 189,092 Inventory reserves (10,150 ) (10,284 ) (9,737 ) Inventory, net $ 187,369 $ 175,422 $ 179,355 Prepaid expenses and other $ 12,463 $ 11,720 $ 4,784 Accounts receivable and other 12,257 14,126 10,889 Income taxes receivable 11,422 5,361 10,248 Restricted cash — 255 4,875 2019 Convertible Notes Hedges — 21 — Prepaid expenses and other current assets $ 36,142 $ 31,483 $ 30,796 Property and equipment, gross $ 270,335 $ 253,336 $ 265,922 Accumulated depreciation (205,089 ) (183,566 ) (198,565 ) Property and equipment, net $ 65,246 $ 69,770 $ 67,357 Accounts payable $ 12,534 $ 15,141 $ 25,946 Accrued expenses and other 39,087 42,239 52,011 Accounts payable, accrued expenses and other current liabilities $ 51,621 $ 57,380 $ 77,957

Organization and Summary of S_2

Organization and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. Our management has included all adjustments it considers necessary for a fair presentation which are of a normal, recurring nature. All intercompany accounts and transactions have been eliminated in consolidation. The accompanying financial statements should be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the year ended September 30, 2019 . The balance sheet as of September 30, 2019 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements. Our business is subject to seasonal variations, and operating results for the three months ended December 31, 2019 and 2018 (the "current quarter" and "prior-year quarter," respectively) are not necessarily indicative of the results of operations for the full fiscal year. There have been no changes in significant accounting policies as described in our Annual Report on Form 10-K for the year ended September 30, 2019 , other than those described below and in Note 10 .
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of these financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities. On an ongoing basis, we evaluate our estimates and judgments, including those related to revenue recognition, inventories, loan loss allowances, long-lived and intangible assets, share-based compensation, income taxes, contingencies and litigation. We base our estimates on historical experience, observable trends and various other assumptions that we believe are reasonable under the circumstances. We use this information to make judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ materially from these estimates under different assumptions or conditions.
Recently Adopted Accounting Policies and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Policies In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). This Accounting Standards Update ("ASU") requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. The provisions of this ASU are effective as of the beginning of our fiscal 2020 on October 1, 2019. We adopted this ASU using the optional prospective transition method provided under ASU 2018-11, Leases, (Topic 842): Targeted Improvement as of October 1, 2019. We additionally elected the package of practical expedients under Accounting Standards Codification (“ASC”) 842-10-65-1(f) as well as the practical expedient not to separate lease and non-lease components for all real estate leases under ASC 842-10-15-37. Further, we have elected an accounting policy not to record right-of-use assets and lease liabilities for all leases which have a duration of less than 12-months. See Note 4 for additional discussion. Recently Issued Accounting Pronouncements • In June 2016, the FASB issued ASU 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU, along with subsequently issued related ASUs, requires financial assets (or groups of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected, among other provisions. Early adoption is permitted for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A reporting entity should generally apply the amendment on a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the amendment is effective. We have not identified any impacts to our financial statements that we believe will be material as a result of the adoption of the ASU, although we continue to evaluate the impact of adoption. We believe we are following an appropriate timeline to allow for proper recognition, presentation and disclosure upon adoption of this ASU which is effective for the first quarter of our fiscal 2021. Please refer to Note 1 of Notes to Consolidated Financial Statements included in "Part II, Item 8 — Financial Statements and Supplementary Data" of our Annual Report on Form 10-K for the year ended September 30, 2019 for discussion of our significant accounting policies and other accounting pronouncements issued but not yet adopted.

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Net components of basic and diluted earnings per share	Components of basic and diluted earnings per share and excluded antidilutive potential common shares are as follows: Three Months Ended December 31, 2019 2018 (in thousands, except per share amounts) Net income (loss) from continuing operations attributable to EZCORP (A) $ 1,265 $ (3,183 ) Loss from discontinued operations, net of tax (B) (27 ) (183 ) Net income (loss) attributable to EZCORP (C) $ 1,238 $ (3,366 ) Weighted-average outstanding shares of common stock (D) 55,666 55,032 Dilutive effect of restricted stock* 21 — Weighted-average common stock and common stock equivalents (E) 55,687 55,032 Basic earnings (loss) per share attributable to EZCORP: Continuing operations (A / D) $ 0.02 $ (0.06 ) Discontinued operations (B / D) — — Basic earnings (loss) per share (C / D) $ 0.02 $ (0.06 ) Diluted earnings (loss) per share attributable to EZCORP: Continuing operations (A / E) $ 0.02 $ (0.06 ) Discontinued operations (B / E) — — Diluted earnings (loss) per share (C / E) $ 0.02 $ (0.06 ) Potential common shares excluded from the calculation of diluted earnings per share above*: Restricted stock** 2,216 2,626 * See Note 7 for discussion of the terms and conditions of the potential impact of the 2019 Convertible Notes Warrants, 2024 Convertible Notes and 2025 Convertible Notes. As required by ASC 260-10-45-19, amount excludes all potential common shares for periods when there is a loss from continuing operations. ** Includes antidilutive share-based awards as well as performance-based and market conditioned share-based awards that are contingently issuable, but for which the condition for issuance has not been met as of the end of the reporting period.

Leases (Tables)

Leases (Tables)	3 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Schedule of lessee assets and liabilities	The details of our right-of-use asset and lease liability recognized upon adoption of ASC 842 computed based on the consumer price index and foreign currency exchange rate as applicable then in effect and excluding executory costs on October 1, 2019 are as follows (in thousands): Right-of-use asset $ 246,028 Straight-line rent accrual (8,479 ) $ 237,549 Lease liability, current $ 45,272 Lease liability, non-current 200,756 $ 246,028
Schedule of lease cost	The supplemental cash flow information relating to our operating leases for the three months ended December 31, 2019 is as follows (in thousands): Lease right-of-use assets obtained in exchange for operating lease liabilities subsequent to adoption of ASC 842 $ 748 Lease expense is recognized on a straight-line basis over the lease term with variable lease expense recognized in the period in which the costs are incurred. The components of lease expense included in "Operations" and "Administrative" expense, based on the underlying lease use, in our condensed consolidated statements of operations for the three months ended December 31, 2019 are as follows (in thousands): Operating lease expense $ 16,526 Variable lease expense 2,807 $ 19,333
Schedule of operating lease maturity	Maturity of our lease liabilities as of December 31, 2019 is as follows (in thousands): Nine months ending September 30, 2020 $ 47,822 Fiscal 2021 58,922 Fiscal 2022 49,943 Fiscal 2023 40,548 Fiscal 2024 31,309 Thereafter 73,695 $ 302,239 Less: Portion representing interest (67,835 ) $ 234,404
Schedule of future minimum rental payments for operating leases	Prior to our adoption of ASC 842, future minimum undiscounted rentals due under non-cancelable leases as of September 30, 2019 for each subsequent fiscal year were as follows (in thousands): 2020 $ 69,291 2021 60,588 2022 46,720 2023 32,062 2024 19,969 Thereafter 39,256 $ 267,886

Strategic Investments (Tables)

Strategic Investments (Tables)	3 Months Ended
	Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]
Schedule of equity method investments	The following tables present summary financial information for Cash Converters International’s most recently reported results after translation to U.S. dollars: June 30, 2019 2018 (in thousands) Current assets $ 173,826 $ 229,105 Non-current assets 152,483 148,195 Total assets $ 326,309 $ 377,300 Current liabilities $ 77,434 $ 122,924 Non-current liabilities 26,163 15,449 Shareholders’ equity 222,712 238,927 Total liabilities and shareholders’ equity $ 326,309 $ 377,300 Fiscal Year Ended June 30, 2019 2018 (in thousands) Gross revenues $ 201,365 $ 201,800 Gross profit 111,932 128,366 Net (loss) profit (1,210 ) 17,443

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of financial assets, temporary equity, and liabilities not measured at fair value in the consolidated balance sheet	The tables below present our financial assets and liabilities that were not measured at fair value on a recurring basis: Carrying Value Estimated Fair Value December 31, 2019 December 31, 2019 Fair Value Measurement Using Level 1 Level 2 Level 3 (in thousands) Financial assets: Notes receivable from Grupo Finmart, net $ 7,450 $ 7,729 $ — $ — $ 7,729 2.89% promissory note receivable due April 2024 1,124 1,124 — — 1,124 Investments in unconsolidated affiliates 29,272 42,460 34,555 — 7,905 Financial liabilities: 2024 Convertible Notes $ 112,740 $ 136,634 $ — $ 136,634 $ — 2025 Convertible Notes 127,902 136,965 — 136,965 — 8.5% unsecured debt due 2024 1,042 1,042 — — 1,042 CASHMAX secured borrowing facility (260 ) 404 — — 404 Carrying Value Estimated Fair Value December 31, 2018 December 31, 2018 Fair Value Measurement Using Level 1 Level 2 Level 3 (in thousands) Financial assets: Notes receivable from Grupo Finmart, net $ 31,310 $ 33,710 $ — $ — $ 33,710 Investments in unconsolidated affiliates 35,511 35,511 35,511 — — Financial liabilities: 2019 Convertible Notes $ 190,076 $ 190,613 $ — $ 190,613 $ — 2024 Convertible Notes 107,182 145,202 — 145,202 — 2025 Convertible Notes 121,316 134,447 — 134,447 — 8.5% unsecured debt due 2024 1,237 1,237 — — 1,237 CASHMAX secured borrowing facility 334 1,160 — — 1,160 Carrying Value Estimated Fair Value September 30, 2019 September 30, 2019 Fair Value Measurement Using Level 1 Level 2 Level 3 (in thousands) Financial assets: Notes receivable from Grupo Finmart, net $ 7,182 $ 7,582 $ — $ — $ 7,582 2.89% promissory note receivable due April 2024 1,117 1,117 — — 1,117 Investments in unconsolidated affiliates 34,516 28,308 20,252 — 8,056 Financial liabilities: 2024 Convertible Notes $ 111,311 $ 139,969 $ — $ 139,969 $ — 2025 Convertible Notes 126,210 138,345 — 138,345 — 8.5% unsecured debt due 2024 1,092 1,092 — — 1,092 CASHMAX secured borrowing facility (19 ) 634 — — 634

Debt (Tables)

Debt (Tables)	3 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Schedule of long term debt instruments	The following tables present our debt instruments outstanding, contractual maturities and interest expense: December 31, 2019 December 31, 2018 September 30, 2019 Gross Amount Debt Discount and Issuance Costs Carrying Amount Gross Amount Debt Discount and Issuance Costs Carrying Amount Gross Amount Debt Discount and Issuance Costs Carrying Amount (in thousands) 2019 Convertible Notes $ — $ — $ — $ 195,000 $ (4,924 ) $ 190,076 $ — $ — $ — 2019 Convertible Notes Embedded Derivative — — — 21 — 21 — — — 2024 Convertible Notes 143,750 (31,010 ) 112,740 143,750 (36,568 ) 107,182 143,750 (32,439 ) 111,311 2025 Convertible Notes 172,500 (44,598 ) 127,902 172,500 (51,184 ) 121,316 172,500 (46,290 ) 126,210 8.5% unsecured debt due 2024* 1,042 — 1,042 1,237 — 1,237 1,092 — 1,092 CASHMAX secured borrowing facility* 404 (664 ) (260 ) 1,160 (826 ) 334 634 (653 ) (19 ) Total $ 317,696 $ (76,272 ) $ 241,424 $ 513,668 $ (93,502 ) $ 420,166 $ 317,976 $ (79,382 ) $ 238,594 Less current portion 215 — 215 195,162 (4,924 ) 190,238 214 — 214 Total long-term debt $ 317,481 $ (76,272 ) $ 241,209 $ 318,506 $ (88,578 ) $ 229,928 $ 317,762 $ (79,382 ) $ 238,380 * Amount translated from Guatemalan quetzals and Canadian dollars as of applicable period end. Certain disclosures omitted due to materiality considerations.
Schedule of principal payments	Schedule of Contractual Maturities Total Less Than 1 Year 1 - 3 Years 3 - 5 Years More Than 5 Years (in thousands) 2024 Convertible Notes* 143,750 — — 143,750 — 2025 Convertible Notes* 172,500 — — 172,500 — 8.5% unsecured debt due 2024 1,042 215 431 396 — CASHMAX secured borrowing facility 404 — 404 — — $ 317,696 $ 215 $ 835 $ 316,646 $ — * Excludes the potential impact of embedded derivatives.
Schedule of interest expense	Three Months Ended December 31, 2019 2018 (in thousands) 2019 Convertible Notes: Contractual interest expense $ — $ 1,076 Amortization of debt discount and deferred financing costs — 2,643 Total interest expense $ — $ 3,719 2024 Convertible Notes: Contractual interest expense $ 1,033 $ 1,033 Amortization of debt discount and deferred financing costs 1,429 1,325 Total interest expense $ 2,462 $ 2,358 2025 Convertible Notes: Contractual interest expense $ 1,024 $ 1,024 Amortization of debt discount and deferred financing costs 1,691 1,573 Total interest expense $ 2,715 $ 2,597

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Schedule of operating segment information	Three Months Ended December 31, 2019 U.S. Pawn Latin America Pawn Lana Other Total Segments Corporate Items Consolidated (in thousands) Revenues: Merchandise sales $ 95,354 $ 31,374 $ — $ — $ 126,728 $ — $ 126,728 Jewelry scrapping sales 6,117 3,411 — — 9,528 — 9,528 Pawn service charges 64,090 20,635 — — 84,725 — 84,725 Other revenues 36 25 1 1,392 1,454 — 1,454 Total revenues 165,597 55,445 1 1,392 222,435 — 222,435 Merchandise cost of goods sold 61,364 22,712 — — 84,076 — 84,076 Jewelry scrapping cost of goods sold 4,755 2,999 — — 7,754 — 7,754 Other cost of revenues — — — 536 536 — 536 Net revenues 99,478 29,734 1 856 130,069 — 130,069 Segment and corporate expenses (income): Operations 68,059 19,983 1,350 1,233 90,625 — 90,625 Administrative — — — — — 17,489 17,489 Depreciation and amortization 2,865 1,889 12 34 4,800 2,933 7,733 Loss on sale or disposal of assets and other — 28 — — 28 716 744 Interest expense — 28 (36 ) 170 162 5,167 5,329 Interest income — (388 ) — — (388 ) (455 ) (843 ) Equity in net loss of unconsolidated affiliates — — — 5,897 5,897 — 5,897 Other expense (income) — 67 — (1 ) 66 5 71 Segment contribution (loss) $ 28,554 $ 8,127 $ (1,325 ) $ (6,477 ) $ 28,879 Income from continuing operations before income taxes $ 28,879 $ (25,855 ) $ 3,024 Three Months Ended December 31, 2018 U.S. Pawn Latin America Pawn Lana Other Total Segments Corporate Items Consolidated (in thousands) Revenues: Merchandise sales $ 95,103 $ 25,921 $ — $ — $ 121,024 $ — $ 121,024 Jewelry scrapping sales 6,552 2,729 — — 9,281 — 9,281 Pawn service charges 64,225 19,294 — — 83,519 — 83,519 Other revenues 48 42 — 1,781 1,871 — 1,871 Total revenues 165,928 47,986 — 1,781 215,695 — 215,695 Merchandise cost of goods sold 59,148 17,964 — — 77,112 — 77,112 Jewelry scrapping cost of goods sold 5,510 2,540 — — 8,050 — 8,050 Other cost of revenues — — — 484 484 — 484 Net revenues 101,270 27,482 — 1,297 130,049 — 130,049 Segment and corporate expenses (income): Operations 67,937 18,196 2,090 2,630 90,853 — 90,853 Administrative — — — — — 13,165 13,165 Depreciation and amortization 3,035 1,422 — 41 4,498 2,350 6,848 Loss on sale or disposal of assets and other 2,853 1,589 — — 4,442 — 4,442 Interest expense — 29 — 72 101 8,690 8,791 Interest income — (419 ) — — (419 ) (2,920 ) (3,339 ) Equity in net loss of unconsolidated affiliates — — — 1,119 1,119 — 1,119 Impairment of investments in unconsolidated affiliates — — — 13,274 13,274 — 13,274 Other (income) expense — (126 ) — 22 (104 ) (282 ) (386 ) Segment contribution (loss) $ 27,445 $ 6,791 $ (2,090 ) $ (15,861 ) $ 16,285 Loss from continuing operations before income taxes $ 16,285 $ (21,003 ) $ (4,718 )

Supplemental Consolidated Fin_2

Supplemental Consolidated Financial Information (Tables)	3 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of information on accounts receivable, net, inventories, net, property and equipment, net	The following table provides supplemental information on net amounts included in our condensed consolidated balance sheets: December 31, 2019 December 31, 2018 September 30, 2019 (in thousands) Cash and cash equivalents $ 143,141 $ 297,031 $ 157,567 Restricted cash — 255 4,875 Cash and cash equivalents and restricted cash $ 143,141 $ 297,286 $ 162,442 Gross pawn service charges receivable $ 40,887 $ 40,016 $ 41,838 Allowance for uncollectible pawn service charges receivable (8,637 ) (8,458 ) (10,036 ) Pawn service charges receivable, net $ 32,250 $ 31,558 $ 31,802 Gross inventory $ 197,519 $ 185,706 $ 189,092 Inventory reserves (10,150 ) (10,284 ) (9,737 ) Inventory, net $ 187,369 $ 175,422 $ 179,355 Prepaid expenses and other $ 12,463 $ 11,720 $ 4,784 Accounts receivable and other 12,257 14,126 10,889 Income taxes receivable 11,422 5,361 10,248 Restricted cash — 255 4,875 2019 Convertible Notes Hedges — 21 — Prepaid expenses and other current assets $ 36,142 $ 31,483 $ 30,796 Property and equipment, gross $ 270,335 $ 253,336 $ 265,922 Accumulated depreciation (205,089 ) (183,566 ) (198,565 ) Property and equipment, net $ 65,246 $ 69,770 $ 67,357 Accounts payable $ 12,534 $ 15,141 $ 25,946 Accrued expenses and other 39,087 42,239 52,011 Accounts payable, accrued expenses and other current liabilities $ 51,621 $ 57,380 $ 77,957

Acquisitions (Details)

Acquisitions (Details) $ in Thousands	1 Months Ended
	Jun. 30, 2019USD ($)store	Dec. 31, 2018USD ($)store	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)
Business Acquisition [Line Items]
Goodwill		$ 296,638	$ 301,282	$ 300,527
Metro Pawn
Business Acquisition [Line Items]
Number of stores acquired | store	7
Payments to acquire businesses	$ 7,000
Goodwill	$ 3,900
Pawn Stores, Mexico in 2019
Business Acquisition [Line Items]
Number of stores acquired | store		5
Payments to acquire businesses		$ 300
Goodwill		$ 100

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Earnings Per Share [Abstract]
Net income (loss) from continuing operations attributable to EZCORP	$ 1,265	$ (3,183)
Loss from discontinued operations, net of tax	(27)	(183)
Net income (loss) attributable to EZCORP, Inc.	$ 1,238	$ (3,366)
Weighted-average outstanding shares of common stock	55,666	55,032
Dilutive effect of restricted stock (shares)	21	0
Weighted average common stock and common stock equivalents (shares)	55,687	55,032
Basic earnings (loss) per share attributable to EZCORP:
Continuing operations (in dollars per share)	$ 0.02	$ (0.06)
Discontinued operations (in dollars per share)	0	0
Basic earnings (loss) per share (in dollars per share)	0.02	(0.06)
Diluted earnings (loss) per share attributable to EZCORP:
Continuing operations (in dollars per share)	0.02	(0.06)
Discontinued operations (in dollars per share)	0	0
Diluted earnings (loss) per share (in dollars per share)	$ 0.02	$ (0.06)
Potential common shares excluded from the calculation of diluted earnings per share above, restricted stock	2,216	2,626

Leases - Additional Informatio

Leases - Additional Information (Details) - extension_option	1 Months Ended
	Dec. 31, 2014	Dec. 31, 2019
Lessee, Lease, Description [Line Items]
Weighted average remaining lease term for operating leases		6 years 7 days
Weighted average incremental borrowing rate used to measure lease liabilities		8.44%
Minimum
Lessee, Lease, Description [Line Items]
Initial term of lease		3 years
Renewable term of lease		3 years
Maximum
Lessee, Lease, Description [Line Items]
Initial term of lease		10 years
Renewable term of lease		5 years
Corporate Office Lease
Lessee, Lease, Description [Line Items]
Number of extensions	2
Renewable term of lease	5 years

Leases - Lessee Assets and Lia

Leases - Lessee Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Oct. 01, 2019
Leases [Abstract]
Right-of-use asset	$ 225,950	$ 246,028
Straight-line rent accrual		(8,479)
Right-of-use asset, net		237,549
Lease liability, current	48,052	45,272
Lease liability, non-current	186,352	200,756
Lease liability, total	$ 234,404	$ 246,028

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) $ in Thousands	3 Months Ended
	Dec. 31, 2019USD ($)
Leases [Abstract]
Operating lease expense	$ 16,526
Variable lease expense	2,807
Total lease expense	$ 19,333

Leases - Operating Lease Matur

Leases - Operating Lease Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Oct. 01, 2019
Leases [Abstract]
Nine months ending September 30, 2020	$ 47,822
Fiscal 2021	58,922
Fiscal 2022	49,943
Fiscal 2023	40,548
Fiscal 2024	31,309
Thereafter	73,695
Total undiscounted lease payments	302,239
Less: Portion representing interest	(67,835)
Lease liability, total	$ 234,404	$ 246,028

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Rental Payments (Details) $ in Thousands	Sep. 30, 2019USD ($)
Leases [Abstract]
2020	$ 69,291
2021	60,588
2022	46,720
2023	32,062
2024	19,969
Thereafter	39,256
Total future minimum rental payments	$ 267,886

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) $ in Thousands	3 Months Ended
	Dec. 31, 2019USD ($)
Leases [Abstract]
Lease right-of-use assets obtained in exchange for operating lease liabilities subsequent to adoption of ASC 842	$ 748

Strategic Investments - Additio

Strategic Investments - Additional Disclosures (Details) - Cash Converters International Limited $ in Millions, $ in Millions	Oct. 21, 2019AUD ($)	Dec. 31, 2019USD ($)shares
Schedule of Equity Method Investments [Line Items]
Number of common shares owned | shares		214,183,714
Percentage of common shares owned		34.75%
Settlement awarded to other party	$ 42.5
Loss in period for settlement		$ 7.1

Strategic Investments - Summari

Strategic Investments - Summarized Financial Information (Details) - Cash Converters International Limited - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Summary of financial information for Cash Converters International Limited
Current assets	$ 173,826	$ 229,105
Non-current assets	152,483	148,195
Total assets	326,309	377,300
Current liabilities	77,434	122,924
Non-current liabilities	26,163	15,449
Shareholders’ equity	222,712	238,927
Total liabilities and shareholders’ equity	326,309	377,300
Gross revenues	201,365	201,800
Gross profit	111,932	128,366
Net (loss) profit	$ (1,210)	$ 17,443

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details)	3 Months Ended
	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Ownership percentage	0.13
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Grupo Finmart | Notes Receivable | Discount Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement input of note receivable	0.07

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Notes receivable from Grupo Finmart, net | Carrying Value
Financial assets:
Financial assets	$ 7,450	$ 7,182	$ 31,310
Notes receivable from Grupo Finmart, net | Estimated Fair Value
Financial assets:
Financial assets	7,729	7,582	33,710
Notes receivable from Grupo Finmart, net | Estimated Fair Value | Level 1
Financial assets:
Financial assets	0	0	0
Notes receivable from Grupo Finmart, net | Estimated Fair Value | Level 2
Financial assets:
Financial assets	0	0	0
Notes receivable from Grupo Finmart, net | Estimated Fair Value | Level 3
Financial assets:
Financial assets	$ 7,729	7,582	33,710
2.89% promissory note receivable due April 2024
Financial liabilities:
Interest on note receivable	2.89%
2.89% promissory note receivable due April 2024 | Carrying Value
Financial assets:
Financial assets	$ 1,124	1,117
2.89% promissory note receivable due April 2024 | Estimated Fair Value
Financial assets:
Financial assets	1,124	1,117
2.89% promissory note receivable due April 2024 | Estimated Fair Value | Level 1
Financial assets:
Financial assets	0	0
2.89% promissory note receivable due April 2024 | Estimated Fair Value | Level 2
Financial assets:
Financial assets	0	0
2.89% promissory note receivable due April 2024 | Estimated Fair Value | Level 3
Financial assets:
Financial assets	1,124	1,117
Investments in unconsolidated affiliates | Carrying Value
Financial assets:
Financial assets	29,272	34,516	35,511
Investments in unconsolidated affiliates | Estimated Fair Value
Financial assets:
Financial assets	42,460	28,308	35,511
Investments in unconsolidated affiliates | Estimated Fair Value | Level 1
Financial assets:
Financial assets	34,555	20,252	35,511
Investments in unconsolidated affiliates | Estimated Fair Value | Level 2
Financial assets:
Financial assets	0	0	0
Investments in unconsolidated affiliates | Estimated Fair Value | Level 3
Financial assets:
Financial assets	7,905	8,056	0
2019 Convertible Notes | Carrying Value
Financial liabilities:
Financial liabilities			190,076
2019 Convertible Notes | Estimated Fair Value
Financial liabilities:
Financial liabilities			190,613
2019 Convertible Notes | Estimated Fair Value | Level 1
Financial liabilities:
Financial liabilities			0
2019 Convertible Notes | Estimated Fair Value | Level 2
Financial liabilities:
Financial liabilities			190,613
2019 Convertible Notes | Estimated Fair Value | Level 3
Financial liabilities:
Financial liabilities			0
2024 Convertible Notes | Carrying Value
Financial liabilities:
Financial liabilities	112,740	111,311	107,182
2024 Convertible Notes | Estimated Fair Value
Financial liabilities:
Financial liabilities	136,634	139,969	145,202
2024 Convertible Notes | Estimated Fair Value | Level 1
Financial liabilities:
Financial liabilities	0	0	0
2024 Convertible Notes | Estimated Fair Value | Level 2
Financial liabilities:
Financial liabilities	136,634	139,969	145,202
2024 Convertible Notes | Estimated Fair Value | Level 3
Financial liabilities:
Financial liabilities	0	0	0
2025 Convertible Notes | Carrying Value
Financial liabilities:
Financial liabilities	127,902	126,210	121,316
2025 Convertible Notes | Estimated Fair Value
Financial liabilities:
Financial liabilities	136,965	138,345	134,447
2025 Convertible Notes | Estimated Fair Value | Level 1
Financial liabilities:
Financial liabilities	0	0	0
2025 Convertible Notes | Estimated Fair Value | Level 2
Financial liabilities:
Financial liabilities	136,965	138,345	134,447
2025 Convertible Notes | Estimated Fair Value | Level 3
Financial liabilities:
Financial liabilities	$ 0	0	0
8.5% unsecured debt due 2024
Financial liabilities:
Stated interest rate	8.50%
8.5% unsecured debt due 2024 | Carrying Value
Financial liabilities:
Financial liabilities	$ 1,042	1,092	1,237
8.5% unsecured debt due 2024 | Estimated Fair Value
Financial liabilities:
Financial liabilities	1,042	1,092	1,237
8.5% unsecured debt due 2024 | Estimated Fair Value | Level 1
Financial liabilities:
Financial liabilities	0	0	0
8.5% unsecured debt due 2024 | Estimated Fair Value | Level 2
Financial liabilities:
Financial liabilities	0	0	0
8.5% unsecured debt due 2024 | Estimated Fair Value | Level 3
Financial liabilities:
Financial liabilities	1,042	1,092	1,237
CASHMAX secured borrowing facility | Carrying Value
Financial liabilities:
Financial liabilities	(260)	(19)	334
CASHMAX secured borrowing facility | Estimated Fair Value
Financial liabilities:
Financial liabilities	404	634	1,160
CASHMAX secured borrowing facility | Estimated Fair Value | Level 1
Financial liabilities:
Financial liabilities	0	0	0
CASHMAX secured borrowing facility | Estimated Fair Value | Level 2
Financial liabilities:
Financial liabilities	0	0	0
CASHMAX secured borrowing facility | Estimated Fair Value | Level 3
Financial liabilities:
Financial liabilities	$ 404	$ 634	$ 1,160

Debt - Outstanding Obligations

Debt - Outstanding Obligations (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018	May 14, 2018	Jul. 31, 2017	Jun. 30, 2014
Gross Amount
Total	$ 317,696	$ 317,976	$ 513,668
Less current portion	215	214	195,162
Total long-term debt	317,481	317,762	318,506
Debt Discount and Issuance Costs
Total	(76,272)	(79,382)	(93,502)
Less current portion	0	0	(4,924)
Total long-term debt	(76,272)	(79,382)	(88,578)
Carrying Amount
Total	241,424	238,594	420,166
Less current portion	215	214	190,238
Total long-term debt	241,209	238,380	229,928
2019 Convertible Notes
Carrying Amount
Stated interest rate						2.125%
2024 Convertible Notes
Carrying Amount
Stated interest rate					2.875%
Senior Notes | 2019 Convertible Notes
Gross Amount
Total	0	0	195,000
Debt Discount and Issuance Costs
Total	0	0	(4,924)
Carrying Amount
Total	0	0	190,076
Senior Notes | 2019 Convertible Notes Embedded Derivative
Gross Amount
Total	0	0	21
Debt Discount and Issuance Costs
Total	0	0	0
Carrying Amount
Total	0	0	21
Senior Notes | 2024 Convertible Notes
Gross Amount
Total	143,750	143,750	143,750
Debt Discount and Issuance Costs
Total	(31,010)	(32,439)	(36,568)
Carrying Amount
Total	112,740	111,311	107,182
Senior Notes | 2025 Convertible Notes
Gross Amount
Total	172,500	172,500	172,500
Debt Discount and Issuance Costs
Total	(44,598)	(46,290)	(51,184)
Carrying Amount
Total	127,902	126,210	121,316
Stated interest rate				2.375%
Unsecured Debt | 8.5% unsecured debt due 2024
Gross Amount
Total	1,042	1,092	1,237
Debt Discount and Issuance Costs
Total	0	0	0
Carrying Amount
Total	$ 1,042	1,092	1,237
Stated interest rate	8.50%
Receivables Securitization Facility | CASHMAX secured borrowing facility
Gross Amount
Total	$ 404	634	1,160
Debt Discount and Issuance Costs
Total	(664)	(653)	(826)
Carrying Amount
Total	$ (260)	$ (19)	$ 334

Debt - Principal Payments (Deta

Debt - Principal Payments (Details) - USD ($)	Dec. 31, 2019	May 14, 2018	Jul. 31, 2017
Debt Instrument [Line Items]
Total	$ 317,696,000
Less Than 1 Year	215,000
1 - 3 Years	835,000
3 - 5 Years	316,646,000
More Than 5 Years	0
2024 Convertible Notes
Debt Instrument [Line Items]
Total			$ 143,750,000
Stated interest rate			2.875%
Senior Notes | 2024 Convertible Notes
Debt Instrument [Line Items]
Total	143,750,000
Less Than 1 Year	0
1 - 3 Years	0
3 - 5 Years	143,750,000
More Than 5 Years	0
Senior Notes | 2025 Convertible Notes
Debt Instrument [Line Items]
Total	172,500,000	$ 172,500,000
Less Than 1 Year	0
1 - 3 Years	0
3 - 5 Years	172,500,000
More Than 5 Years	0
Stated interest rate		2.375%
Unsecured Debt | 8.5% unsecured debt due 2024
Debt Instrument [Line Items]
Total	1,042,000
Less Than 1 Year	215,000
1 - 3 Years	431,000
3 - 5 Years	396,000
More Than 5 Years	$ 0
Stated interest rate	8.50%
Receivables Securitization Facility | CASHMAX secured borrowing facility
Debt Instrument [Line Items]
Total	$ 404,000
Less Than 1 Year	0
1 - 3 Years	404,000
3 - 5 Years	0
More Than 5 Years	$ 0

Debt - Interest Expense (Detail

Debt - Interest Expense (Details) - Senior Notes - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
2019 Convertible Notes
Debt Instrument [Line Items]
Contractual interest expense	$ 0	$ 1,076
Amortization of debt discount and deferred financing costs	0	2,643
Total interest expense	0	3,719
2024 Convertible Notes
Debt Instrument [Line Items]
Contractual interest expense	1,033	1,033
Amortization of debt discount and deferred financing costs	1,429	1,325
Total interest expense	2,462	2,358
2025 Convertible Notes
Debt Instrument [Line Items]
Contractual interest expense	1,024	1,024
Amortization of debt discount and deferred financing costs	1,691	1,573
Total interest expense	$ 2,715	$ 2,597

Debt - Additional Information (

Debt - Additional Information (Details) $ / shares in Units, shares in Millions	May 14, 2018USD ($)day$ / shares	Jul. 31, 2017USD ($)$ / shares	Jul. 31, 2014USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2019USD ($)$ / sharesshares	Sep. 30, 2019USD ($)$ / sharesshares	Jun. 15, 2019USD ($)	Dec. 31, 2018USD ($)	Nov. 30, 2018CAD ($)
Debt Instrument [Line Items]
Principal amount					$ 317,696,000
Share price (in dollars per share) | $ / shares					$ 6.46
Carrying amount					$ 241,424,000	$ 238,594,000		$ 420,166,000
Amount outstanding					317,696,000	317,976,000		513,668,000
2025 Convertible Notes
Debt Instrument [Line Items]
If-converted value in excess of principal amount					$ 0
2024 Convertible Notes
Debt Instrument [Line Items]
Stated interest rate		2.875%
Principal amount		$ 143,750,000
Effective interest rate					9.00%
If-converted value in excess of principal amount					$ 0
Convertible senior notes issued and settled		34,400,000
2019 Convertible Notes
Debt Instrument [Line Items]
Stated interest rate				2.125%
Effective interest rate					8.00%
Convertible senior notes issued and settled			$ 30,000,000	$ 200,000,000
Convertible senior notes repurchased and retired		$ 35,000,000
Remaining aggregate principal amount repurchased							$ 195,000,000
Common Stock Class A Non-voting | 2024 Convertible Notes
Debt Instrument [Line Items]
Conversion rate per $1,000 principal amount		100
Conversion price, per share (in dollars per share) | $ / shares		$ 10
Additional Paid-in Capital | 2024 Convertible Notes
Debt Instrument [Line Items]
Carrying amount					$ 25,300,000
Senior Notes | 2025 Convertible Notes
Debt Instrument [Line Items]
Stated interest rate	2.375%
Principal amount	$ 172,500,000				172,500,000
Semi-annual stated rate	2.375%
Equity component of debt					$ 39,000,000
Effective interest rate					9.00%
Conversion rate per $1,000 principal amount	62.8931
Conversion price, per share (in dollars per share) | $ / shares	$ 15.90
Share price (in dollars per share) | $ / shares	$ 15.90
Carrying amount					$ 127,902,000	126,210,000		121,316,000
Amount outstanding					172,500,000	172,500,000		172,500,000
Senior Notes | 2024 Convertible Notes
Debt Instrument [Line Items]
Principal amount					143,750,000
Carrying amount					112,740,000	111,311,000		107,182,000
Amount outstanding					143,750,000	143,750,000		143,750,000
Senior Notes | 2019 Convertible Notes
Debt Instrument [Line Items]
Carrying amount					0	0		190,076,000
Amount outstanding					0	0		195,000,000
Receivables Securitization Facility | CASHMAX secured borrowing facility
Debt Instrument [Line Items]
Principal amount					404,000
Carrying amount					(260,000)	(19,000)		334,000
Amount outstanding					$ 404,000	$ 634,000		$ 1,160,000
Debt Conversion, Condition One | Senior Notes | 2025 Convertible Notes
Debt Instrument [Line Items]
Trading days threshold | day	20
Consecutive trading day threshold | day	30
Net-share-settled Warrants | Common Stock Class A Non-voting
Debt Instrument [Line Items]
Number of securities called (shares) | shares						14.3
Strike price for warrants (in dollars per share) | $ / shares						$ 20.83
Class of Warrant or Right, Outstanding | shares					5
Variable Interest Entity, Primary Beneficiary | Receivables Securitization Facility | CASHMAX secured borrowing facility
Debt Instrument [Line Items]
Maximum borrowing amount									$ 25,000,000

Common Stock and Stock Compen_2

Common Stock and Stock Compensation (Details)	1 Months Ended	3 Months Ended
	Dec. 31, 2019USD ($)$ / shares	Dec. 31, 2019USD ($)director$ / sharesshares	May 01, 2010shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, period	3 years
Common stock repurchased and retired | $		$ 963,000
Share price (in dollars per share) | $ / shares	$ 6.46	$ 6.46
Common Stock Class A Non-voting
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, amount authorized | $	$ 60,000,000	$ 60,000,000
Common stock repurchased and retired (in shares) | shares		142,409
Common stock repurchased and retired | $		$ 963,000
Long-Term Incentive Plan 2010 | Common Stock Class A Non-voting
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized | shares			5,485,649
Non-employee Directors | Long-Term Incentive Plan 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of directors | director		9
Non-employee Directors | Long-Term Incentive Plan 2010 | Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted in period (in shares) | shares		222,912

Contingencies (Details)

Contingencies (Details) - In re EZCORP, Inc. Securities Litigation $ in Millions	2 Months Ended
	Aug. 31, 2015lawsuit	May 30, 2019USD ($)
Loss Contingencies [Line Items]
Number of lawsuits consolidated | lawsuit	2
Pending Court Approval
Loss Contingencies [Line Items]
Proposed settlement | $		$ 4.9

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Revenues:
Total revenues	$ 222,435	$ 215,695
Net revenues	130,069	130,049
Segment and corporate expenses (income):
Operations	90,625	90,853
Administrative	17,489	13,165
Depreciation and amortization	7,733	6,848
Loss on sale or disposal of assets and other	744	4,442
Interest expense	5,329	8,791
Interest income	(843)	(3,339)
Equity in net loss of unconsolidated affiliates	5,897	1,119
Impairment of investment in unconsolidated affiliates	0	13,274
Other expense (income)	71	(386)
Income (loss) from continuing operations before income taxes	3,024	(4,718)
Segments
Revenues:
Total revenues	222,435	215,695
Net revenues	130,069	130,049
Segment and corporate expenses (income):
Operations	90,625	90,853
Administrative	0	0
Depreciation and amortization	4,800	4,498
Loss on sale or disposal of assets and other	28	4,442
Interest expense	162	101
Interest income	(388)	(419)
Equity in net loss of unconsolidated affiliates	5,897	1,119
Impairment of investment in unconsolidated affiliates		13,274
Other expense (income)	66	(104)
Income (loss) from continuing operations before income taxes	28,879	16,285
Segments | U.S. Pawn
Revenues:
Total revenues	165,597	165,928
Net revenues	99,478	101,270
Segment and corporate expenses (income):
Operations	68,059	67,937
Administrative	0	0
Depreciation and amortization	2,865	3,035
Loss on sale or disposal of assets and other	0	2,853
Interest expense	0	0
Interest income	0	0
Equity in net loss of unconsolidated affiliates	0	0
Impairment of investment in unconsolidated affiliates		0
Other expense (income)	0	0
Income (loss) from continuing operations before income taxes	28,554	27,445
Segments | Latin America Pawn
Revenues:
Total revenues	55,445	47,986
Net revenues	29,734	27,482
Segment and corporate expenses (income):
Operations	19,983	18,196
Administrative	0	0
Depreciation and amortization	1,889	1,422
Loss on sale or disposal of assets and other	28	1,589
Interest expense	28	29
Interest income	(388)	(419)
Equity in net loss of unconsolidated affiliates	0	0
Impairment of investment in unconsolidated affiliates		0
Other expense (income)	67	(126)
Income (loss) from continuing operations before income taxes	8,127	6,791
Segments | Lana
Revenues:
Total revenues	1	0
Net revenues	1	0
Segment and corporate expenses (income):
Operations	1,350	2,090
Administrative	0	0
Depreciation and amortization	12	0
Loss on sale or disposal of assets and other	0	0
Interest expense	(36)	0
Interest income	0	0
Equity in net loss of unconsolidated affiliates	0	0
Impairment of investment in unconsolidated affiliates		0
Other expense (income)	0	0
Income (loss) from continuing operations before income taxes	(1,325)	(2,090)
Segments | Other International
Revenues:
Total revenues	1,392	1,781
Net revenues	856	1,297
Segment and corporate expenses (income):
Operations	1,233	2,630
Administrative	0	0
Depreciation and amortization	34	41
Loss on sale or disposal of assets and other	0	0
Interest expense	170	72
Interest income	0	0
Equity in net loss of unconsolidated affiliates	5,897	1,119
Impairment of investment in unconsolidated affiliates		13,274
Other expense (income)	(1)	22
Income (loss) from continuing operations before income taxes	(6,477)	(15,861)
Corporate Items
Revenues:
Total revenues	0	0
Net revenues	0	0
Segment and corporate expenses (income):
Operations	0	0
Administrative	17,489	13,165
Depreciation and amortization	2,933	2,350
Loss on sale or disposal of assets and other	716	0
Interest expense	5,167	8,690
Interest income	(455)	(2,920)
Equity in net loss of unconsolidated affiliates	0	0
Impairment of investment in unconsolidated affiliates		0
Other expense (income)	5	(282)
Income (loss) from continuing operations before income taxes	(25,855)	(21,003)
Merchandise
Revenues:
Total revenues	126,728	121,024
Cost of revenues	84,076	77,112
Merchandise | Segments
Revenues:
Total revenues	126,728	121,024
Cost of revenues	84,076	77,112
Merchandise | Segments | U.S. Pawn
Revenues:
Total revenues	95,354	95,103
Cost of revenues	61,364	59,148
Merchandise | Segments | Latin America Pawn
Revenues:
Total revenues	31,374	25,921
Cost of revenues	22,712	17,964
Merchandise | Segments | Lana
Revenues:
Total revenues	0	0
Cost of revenues	0	0
Merchandise | Segments | Other International
Revenues:
Total revenues	0	0
Cost of revenues	0	0
Merchandise | Corporate Items
Revenues:
Total revenues	0	0
Cost of revenues	0	0
Jewelry scrapping
Revenues:
Total revenues	9,528	9,281
Cost of revenues	7,754	8,050
Jewelry scrapping | Segments
Revenues:
Total revenues	9,528	9,281
Cost of revenues	7,754	8,050
Jewelry scrapping | Segments | U.S. Pawn
Revenues:
Total revenues	6,117	6,552
Cost of revenues	4,755	5,510
Jewelry scrapping | Segments | Latin America Pawn
Revenues:
Total revenues	3,411	2,729
Cost of revenues	2,999	2,540
Jewelry scrapping | Segments | Lana
Revenues:
Total revenues	0	0
Cost of revenues	0	0
Jewelry scrapping | Segments | Other International
Revenues:
Total revenues	0	0
Cost of revenues	0	0
Jewelry scrapping | Corporate Items
Revenues:
Total revenues	0	0
Cost of revenues	0	0
Pawn service charges
Revenues:
Total revenues	84,725	83,519
Pawn service charges | Segments
Revenues:
Total revenues	84,725	83,519
Pawn service charges | Segments | U.S. Pawn
Revenues:
Total revenues	64,090	64,225
Pawn service charges | Segments | Latin America Pawn
Revenues:
Total revenues	20,635	19,294
Pawn service charges | Segments | Lana
Revenues:
Total revenues	0	0
Pawn service charges | Segments | Other International
Revenues:
Total revenues	0	0
Pawn service charges | Corporate Items
Revenues:
Total revenues	0	0
Other
Revenues:
Total revenues	1,454	1,871
Cost of revenues	536	484
Other | Segments
Revenues:
Total revenues	1,454	1,871
Cost of revenues	536	484
Other | Segments | U.S. Pawn
Revenues:
Total revenues	36	48
Cost of revenues	0	0
Other | Segments | Latin America Pawn
Revenues:
Total revenues	25	42
Cost of revenues	0	0
Other | Segments | Lana
Revenues:
Total revenues	1	0
Cost of revenues	0	0
Other | Segments | Other International
Revenues:
Total revenues	1,392	1,781
Cost of revenues	536	484
Other | Corporate Items
Revenues:
Total revenues	0	0
Cost of revenues	$ 0	$ 0

Supplemental Consolidated Fin_3

Supplemental Consolidated Financial Information (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 143,141	$ 157,567	$ 297,031
Restricted cash	0	4,875	255
Cash and cash equivalents and restricted cash	143,141	162,442	297,286	$ 285,578
Gross pawn service charges receivable	40,887	41,838	40,016
Allowance for uncollectible pawn service charges receivable	(8,637)	(10,036)	(8,458)
Pawn service charges receivable, net	32,250	31,802	31,558
Gross inventory	197,519	189,092	185,706
Inventory reserves	(10,150)	(9,737)	(10,284)
Inventory, net	187,369	179,355	175,422
Prepaid expenses and other	12,463	4,784	11,720
Accounts receivable and other	12,257	10,889	14,126
Income taxes receivable	11,422	10,248	5,361
2019 Convertible Notes Hedges	0	0	21
Prepaid expenses and other current assets	36,142	30,796	31,483
Property and equipment, gross	270,335	265,922	253,336
Accumulated depreciation	(205,089)	(198,565)	(183,566)
Total	65,246	67,357	69,770
Accounts payable	12,534	25,946	15,141
Accrued expenses and other	39,087	52,011	42,239
Accounts payable, accrued expenses and other current liabilities	$ 51,621	$ 77,957	$ 57,380