EZCORP (EZPW) 10-Q 5 Feb 25 2025 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Dec. 31, 2024	Jan. 29, 2025
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2024
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
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--09-30
Common Stock Class A Non-voting
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		51,968,414
Common Stock Class B Voting
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,970,171
No Trading Symbol Class B

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 174,506	$ 170,513	$ 218,516
Restricted cash	9,386	9,294	8,470
Pawn loans	274,824	274,084	243,252
Pawn service charges receivable, net	45,198	44,013	40,002
Inventory, net	199,481	191,923	164,927
Prepaid expenses and other current assets	36,562	39,171	44,001
Total current assets	739,957	728,998	719,168
Investments in unconsolidated affiliates	13,555	13,329	10,125
Other investments	51,903	51,900	51,220
Property and equipment, net	63,231	65,973	68,998
Right-of-use assets, net	227,810	226,602	231,103
Goodwill	304,722	306,478	303,799
Intangible assets, net	57,093	58,451	56,977
Deferred tax asset, net	24,990	25,362	25,984
Other assets, net	15,872	16,144	13,819
Total assets	1,499,133	1,493,237	1,481,193
Current liabilities:
Current maturities of long-term debt, net	103,205	103,072	34,307
Accounts payable, accrued expenses and other current liabilities	68,682	85,737	69,386
Customer layaway deposits	24,216	21,570	18,324
Operating lease liabilities, current	57,900	58,998	57,980
Total current liabilities	254,003	269,377	179,997
Long-term debt, net	224,505	224,256	326,223
Deferred tax liability, net	2,186	2,080	372
Operating lease liabilities	182,228	180,616	188,475
Other long-term liabilities	12,317	12,337	11,243
Total liabilities	675,239	688,666	706,310
Commitments and contingencies (Note 9)
Stockholders’ equity:
Additional paid-in capital	345,783	348,366	343,870
Retained earnings	536,427	507,206	457,929
Accumulated other comprehensive loss	(58,866)	(51,547)	(27,469)
Total equity	823,894	804,571	774,883
Total liabilities and equity	1,499,133	1,493,237	1,481,193
Common Stock Class A Non-voting
Stockholders’ equity:
Common stock	520	516	523
Common Stock Class B Voting
Stockholders’ equity:
Common stock	$ 30	$ 30	$ 30

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Common Stock Class A Non-voting
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000	100,000,000
Common stock, shares issued (in shares)	52,050,550	51,582,698	52,272,594
Common stock, shares outstanding (in shares)	52,050,550	51,582,698	52,272,594
Common Stock Class B Voting
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	3,000,000	3,000,000	3,000,000
Common stock, shares issued (in shares)	2,970,171	2,970,171	2,970,171
Common stock, shares outstanding (in shares)	2,970,171	2,970,171	2,970,171

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Revenues:
Total revenues	$ 320,170	$ 299,991
Gross profit	185,404	172,573
Operating expenses:
Store expenses	116,451	110,555
General and administrative	18,669	16,543
Depreciation and amortization	8,335	8,565
Loss (gain) on sale or disposal of assets and other	8	(172)
Total operating expenses	143,463	135,491
Operating income	41,941	37,082
Interest expense	3,147	3,440
Interest income	(2,093)	(2,639)
Equity in net income of unconsolidated affiliates	(1,475)	(1,153)
Other expense (income)	978	(271)
Income before income taxes	41,384	37,705
Income tax expense	10,368	9,235
Net income	$ 31,016	$ 28,470
Basic earnings per share (in dollars per share)	$ 0.57	$ 0.52
Diluted earnings per share (in dollars per share)	$ 0.40	$ 0.36
Weighted-average basic shares outstanding (in shares)	54,827	55,076
Weighted-average diluted shares outstanding (in shares)	83,347	86,812
Merchandise sales
Revenues:
Total revenues	$ 186,343	$ 179,403
Cost of revenues	121,824	115,210
Jewelry scrapping sales
Revenues:
Total revenues	16,732	14,082
Cost of revenues	12,942	12,208
Pawn service charges
Revenues:
Total revenues	117,052	106,449
Other revenues
Revenues:
Total revenues	$ 43	$ 57

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 31,016	$ 28,470
Other comprehensive income:
Foreign currency translation adjustment, net of income tax (expense) benefit for our investment in unconsolidated affiliate of $(106) and $57 for the three months ended December 31, 2024, and 2023, respectively.	(7,319)	4,633
Comprehensive income	$ 23,697	$ 33,103

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustment, tax	$ (106)	$ 57

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Sep. 30, 2023		54,840
Beginning balance at Sep. 30, 2023	$ 745,768	$ 549	$ 346,181	$ 431,140	$ (32,102)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock compensation	2,264		2,264
Release of restricted stock, net of shares withheld for taxes (in shares)		758
Release of restricted stock, net of shares withheld for taxes	8	$ 8
Taxes paid related to net share settlement of equity awards	(3,253)		(3,253)
Foreign currency translation gain (loss)	4,633				4,633
Purchase and retirement of treasury stock (in shares)		(355)
Purchase and retirement of treasury stock	(3,007)	$ (4)	(1,322)	(1,681)
Net income	28,470			28,470
Ending balance (in shares) at Dec. 31, 2023		55,243
Ending balance at Dec. 31, 2023	774,883	$ 553	343,870	457,929	(27,469)
Beginning balance (in shares) at Sep. 30, 2024		54,553
Beginning balance at Sep. 30, 2024	804,571	$ 546	348,366	507,206	(51,547)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock compensation	2,597		2,597
Release of restricted stock, net of shares withheld for taxes (in shares)		718
Release of restricted stock, net of shares withheld for taxes	0	$ 7	(7)
Taxes paid related to net share settlement of equity awards	(3,971)		(3,971)
Foreign currency translation gain (loss)	(7,319)				(7,319)
Purchase and retirement of treasury stock (in shares)		(250)
Purchase and retirement of treasury stock	(3,000)	$ (3)	(1,202)	(1,795)
Net income	31,016			31,016
Ending balance (in shares) at Dec. 31, 2024		55,021
Ending balance at Dec. 31, 2024	$ 823,894	$ 550	$ 345,783	$ 536,427	$ (58,866)

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Operating activities:
Net income	$ 31,016	$ 28,470
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization	8,335	8,565
Amortization of debt discount and deferred financing costs	382	417
Non-cash lease expense	14,421	14,744
Deferred income taxes	478	345
Other adjustments	(617)	(857)
Provision for inventory reserve	59	(156)
Stock compensation expense	2,597	2,264
Equity in net income from investment in unconsolidated affiliates	(1,475)	(1,153)
Changes in operating assets and liabilities, net of business acquisitions:
Pawn service charges receivable	(1,368)	(1,000)
Inventory	(2,384)	2,066
Prepaid expenses, other current assets and other assets	1,375	(5,823)
Accounts payable, accrued expenses and other liabilities	(38,737)	(33,991)
Customer layaway deposits	2,909	(719)
Income taxes	9,000	8,309
Net cash provided by operating activities	25,991	21,481
Investing activities:
Loans made	(247,225)	(216,978)
Loans repaid	135,190	123,021
Recovery of pawn loan principal through sale of forfeited collateral	101,850	98,209
Capital expenditures, net	(5,609)	(7,184)
Investment in other investments	0	(15,000)
Dividends from unconsolidated affiliates	1,902	1,745
Other	(148)	(677)
Net cash used in investing activities	(14,040)	(16,864)
Financing activities:
Taxes paid related to net share settlement of equity awards	(3,971)	(3,253)
Purchase and retirement of treasury stock	(3,000)	(3,007)
Payments of finance leases	(131)	(132)
Net cash used in financing activities	(7,102)	(6,392)
Effect of exchange rate changes on cash and cash equivalents and restricted cash	(764)	(207)
Net increase (decrease) in cash, cash equivalents and restricted cash	4,085	(1,982)
Cash and cash equivalents and restricted cash at beginning of period	179,807	228,968
Cash and cash equivalents and restricted cash at end of period	$ 183,892	$ 226,986

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	3 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Organization and Summary of Significant Accounting Policies	NOTE 1: ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of Business EZCORP, Inc. (collectively with its subsidiaries, the “Company,” “we,” “us,” or “our”) is a provider of pawn loans in the United States (“U.S.”) 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 pre-owned merchandise purchased from customers. Basis of Presentation The accompanying interim unaudited condensed consolidated financial statements (“Condensed Consolidated Financial Statements”) have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. These Condensed Consolidated Financial Statements should be read in conjunction with the audited consolidated financial statements and related notes contained in our Annual Report on Form 10-K for the year ended September 30, In the opinion of management, the accompanying Condensed Consolidated Financial Statements include all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation. Financial results for the three month period ended December 31, 2024, are not necessarily indicative of results that may be expected for the fiscal year ending September 30, 2025 or any other period due, in part, to seasonal variations. There have been no changes that have had a material impact in significant accounting policies as described in our 2024 Annual Report Principles of Consolidation The accompanying Condensed Consolidated Financial Statements include the accounts of EZCORP, Inc. and its wholly-owned subsidiaries. We use the equity method of accounting for entities in which we have a 50% or less investment and exercise significant influence. We account for equity investments for which we do not have significant influence and without readily determinable fair values at cost with adjustments for observable changes in price in orderly transactions for identical or similar investments of the same issuer or impairments. All inter-company accounts and transactions have been eliminated in consolidation. Use of Estimates and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates and assumptions include the determination of inventory reserves, expected credit losses, useful lives of long-lived and intangible assets, valuation of share-based compensation, valuation of equity investments, valuation of deferred tax assets and liabilities, loss contingencies related to litigation and discount rates used for operating leases. We base our estimates on historical experience, observable trends and various other assumptions we believe are reasonable. Actual results may differ materially from these estimates under different assumptions or conditions. Merchandise Sales Revenues Recognition Customer layaway deposits are recorded as liabilities when a customer provides a deposit for merchandise. Upon cancellation, customer layaway deposits are generally refundable, less a cancellation fee, via credit slip. Our customer layaway deposits balance as of December 31, 2024, 2023 and September 30, 2024 was $24.2 million, $18.3 million and $21.6 million, respectively, and are generally recognized as revenues within a one-year period. Investments We account for our investment in Rich Data Corporation (“RDC”) in accordance with Accounting Standards Codification (“ASC”) 321, Investments — Equity Securities, and we have elected to use the measurement alternative to measure this investment at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments of the same issuer, if any. As of December 31, 2024, 2023 and September 30, 2024, the carrying value of our investment in RDC was $6.2 million. Refer to Note 5: Strategic Investments for details on our investment in Founders One, LLC (“Founders”). Recently Issued Accounting Pronouncements In October 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-06, Disclosure Improvements - Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative (“ASU 2023-06”). ASU 2023-06 will impact various disclosure areas, including the statement of cash flows, accounting changes and error corrections, earnings per share, debt, equity, derivatives, and transfers of financial assets. The amendments in this ASU 2023-06 will be effective on the date the related disclosures are removed from Regulation S-X or Regulation S-K by the SEC, and will no longer be effective if the SEC has not removed the applicable disclosure requirement by June 30, 2027. Early adoption is prohibited. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”). ASU 2023-07 requires disclosure of significant segment expenses regularly provided to the chief operating decision maker (“CODM”) included within segment operating profit or loss. Additionally, the ASU requires a description of how the CODM utilizes segment operating profit or loss to assess segment performance. The requirements of ASU 2023-07 are effective for the Company for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted, and retrospective application is required for all periods presented. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”). ASU 2023-09 requires disclosure of specific categories and disaggregation of information in the rate reconciliation table. The ASU also requires disclosure of disaggregated information related to income taxes paid, income or loss from continuing operations before income tax expense or benefit and income tax expense or benefit from continuing operations. The requirements of this ASU 2023-09 are effective for the Company for fiscal years beginning after December 15, 2024. Early adoption is permitted, and the amendments should be applied on a prospective basis. Retrospective application is permitted. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures. In March 2024, the FASB issued ASU 2024-02, Codification Improvements—Amendments to Remove References to the Concepts Statements (“ASU 2024-02”). ASU 2024-02 contains amendments to the Codification that remove references to various FASB Concepts Statements. The requirements of this ASU 2024-02 are effective for the Company for fiscal years beginning after December 15, 2024 and can be applied on a prospective or retrospective basis. This standard is not expected to have a significant impact on our consolidated financial statements and related disclosures. In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses (“ASU 2024-03”). Additionally, in January 2025, the FASB issued ASU 2025-01 to clarify the effective date of ASU 2024-03. ASU 2024-03 requires disclosure in the notes to the financial statements of specified information about certain costs and expenses. The requirements of ASU 2024-03 are effective for the Company for fiscal years beginning after December 15, 2026 and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted and should be applied either prospectively to financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all period periods presented in the financial statements. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures. In November 2024, the FASB issued ASU 2024-04, Debt - Debt with Conversions and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments (“ASU 2024-04”). ASU 2024-04 clarifies the requirements for determining whether certain settlements of convertible debt instruments, including convertible debt instruments with cash conversion features or convertible debt instruments that are not currently convertible, should be accounted for as an induced conversion. The requirements of ASU 2024-04 are effective for the Company for fiscal years beginning after December 15, 2025, and interim periods within those periods. Early adoption is permitted for all entities that have adopted the amendments in ASU 2020-06 and can be applied on a prospective or retrospective basis. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures.

Goodwill

Goodwill	3 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	NOTE 2: GOODWILL The following table summarizes the changes in the carrying amount of goodwill by segment and in total: Three Months Ended December 31, 2024 (in thousands) U.S. Pawn Latin America Pawn Consolidated Balances as of September 30, 2024 $ 264,428 $ 42,050 $ 306,478 Effect of foreign currency translation changes — (1,756) (1,756) Balances as of December 31, 2024 $ 264,428 $ 40,294 $ 304,722 Three Months Ended December 31, 2023 (in thousands) U.S. Pawn Latin America Pawn Consolidated Balances as of September 30, 2023 $ 255,942 $ 46,430 $ 302,372 Acquisitions (a) 416 — 416 Effect of foreign currency translation changes — 1,011 1,011 Balances as of December 31, 2023 $ 256,358 $ 47,441 $ 303,799 (a) Amount represents goodwill recognized in connection with an immaterial acquisition within the U.S. Pawn segment and we have therefore omitted certain disclosures.

Earnings per Share

Earnings per Share	3 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings per Share	NOTE 3: EARNINGS PER SHARE The following table reconciles the number of common shares used to compute basic and diluted earnings per share attributable to EZCORP Inc., shareholders: Three Months Ended December 31, (in thousands, except per share amounts) 2024 2023 Basic earnings per common share: Net income - basic $ 31,016 $ 28,470 Weighted shares outstanding - basic 54,827 55,076 Basic earnings per common share $ 0.57 $ 0.52 Diluted earnings per common share: Net income - basic $ 31,016 $ 28,470 Add: Convertible Notes* interest expense, net of tax 2,439 2,659 Net income - diluted $ 33,455 $ 31,129 Weighted shares outstanding - basic 54,827 55,076 Equity-based compensation awards - effect of dilution** 1,541 1,318 Convertible Notes* - effect of dilution 26,979 30,418 Weighted shares outstanding - diluted 83,347 86,812 Diluted earnings per common share $ 0.40 $ 0.36 Potential common shares excluded from the calculation of diluted earnings per common share above: Restricted stock*** 1,437 1,581 * The Company’s debt (collectively, the “Convertible Notes”) includes the 2.375% Convertible Senior Notes Due 2025 (the “2025 Convertible Notes”), the 3.750% Convertible Senior Notes Due 2029 (the “2029 Convertible Notes”) and the three months ended December 31, 2023 also includes the 2.875% Convertible Senior Notes Due 2024 (the “2024 Convertible Notes”). See Note 7: Debt for conversion price, initial conversion rate and additional information. ** Includes time-based share-based awards and performance-based awards for which targets for fiscal year tranches have been achieved and vesting is subject only to achievement of service conditions. *** Includes antidilutive share-based awards as well as performance-based 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, 2024
Leases [Abstract]
Leases	NOTE 4: LEASES We determine if a contract contains a lease at inception. Our lease portfolio consists primarily of operating leases for pawn store locations and corporate offices with lease terms ranging from three two The table below presents balances of our lease assets and liabilities and their balance sheet locations for both operating and financing leases: (in thousands) Balance Sheet Location December 31, 2024 December 31, 2023 September 30, 2024 Lease assets: Operating lease right-of-use assets Right-of-use assets, net $ 227,810 $ 231,103 $ 226,602 Financing lease assets Other assets, net 1,340 2,124 1,559 Total lease assets $ 229,150 $ 233,227 $ 228,161 Lease liabilities: Current: Operating lease liabilities Operating lease liabilities, current $ 57,900 $ 57,980 $ 58,998 Financing lease liabilities Accounts payable, accrued expenses and other current liabilities 556 572 570 Total current lease liabilities $ 58,456 $ 58,552 $ 59,568 Non-current: Operating lease liabilities Operating lease liabilities $ 182,228 $ 188,475 $ 180,616 Financing lease liabilities Other long-term liabilities 907 1,644 1,110 Total non-current lease liabilities $ 183,135 $ 190,119 $ 181,726 Total lease liabilities $ 241,591 $ 248,671 $ 241,294 The table below provides major components of our lease costs: Three Months Ended December 31, (in thousands) 2024 2023 Operating lease cost: Operating lease cost * $ 19,969 $ 19,066 Variable lease cost 3,293 4,215 Total operating lease cost $ 23,262 $ 23,281 Financing lease cost: Amortization of financing lease assets $ 139 $ 151 Interest on financing lease liabilities 44 65 Total financing lease cost $ 183 $ 216 Total lease cost $ 23,445 $ 23,497 * Includes a reduction for sublease rental income of $0.6 million and $1.1 million for the three months ended December 31, 2024 and 2023, respectively. 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 are included in “Store expenses” and “General and administrative” under operating expenses, based on the underlying lease use. Cash paid for operating leases was $20.0 million and $20.3 million for the three months ended December 31, 2024 and 2023, respectively. Cash paid for principal and interest on finance leases was $0.1 million and less than $0.1 million, respectively, for the three months ended December 31, 2024 and $0.1 million and $0.1 million, respectively, for the three months ended December 31, 2023 . The weighted-average term and discount rates for leases are as follows: Three Months Ended December 31, 2024 2023 Weighted-average remaining lease term (years): Operating leases 5.02 4.86 Financing leases 2.80 3.42 Weighted-average discount rate: Operating leases 8.40 % 8.53 % Financing leases 11.14 % 11.14 % As of December 31, 2024, maturities of lease liabilities under ASC 842 by fiscal year were as follows: (in thousands) Operating Leases Financing Leases Remaining 2025 $ 57,021 $ 490 Fiscal 2026 68,806 702 Fiscal 2027 54,798 453 Fiscal 2028 39,612 43 Fiscal 2029 26,082 2 Thereafter 49,919 — Total lease liabilities $ 296,238 $ 1,690 Less: portion representing imputed interest 56,110 227 Total net lease liabilities $ 240,128 $ 1,463 Less: current portion 57,900 556 Total long-term net lease liabilities $ 182,228 $ 907 We recorded $18.2 million and $9.3 million in non-cash additions to our operating right-of-use assets and lease liabilities for the three months ended December 31, 2024 and 2023, respectively. We recorded no non-cash finance lease additions for the three months ended December 31, 2024 and $0.1 million for the three months ended December 31, 2023.
Leases	NOTE 4: LEASES We determine if a contract contains a lease at inception. Our lease portfolio consists primarily of operating leases for pawn store locations and corporate offices with lease terms ranging from three two The table below presents balances of our lease assets and liabilities and their balance sheet locations for both operating and financing leases: (in thousands) Balance Sheet Location December 31, 2024 December 31, 2023 September 30, 2024 Lease assets: Operating lease right-of-use assets Right-of-use assets, net $ 227,810 $ 231,103 $ 226,602 Financing lease assets Other assets, net 1,340 2,124 1,559 Total lease assets $ 229,150 $ 233,227 $ 228,161 Lease liabilities: Current: Operating lease liabilities Operating lease liabilities, current $ 57,900 $ 57,980 $ 58,998 Financing lease liabilities Accounts payable, accrued expenses and other current liabilities 556 572 570 Total current lease liabilities $ 58,456 $ 58,552 $ 59,568 Non-current: Operating lease liabilities Operating lease liabilities $ 182,228 $ 188,475 $ 180,616 Financing lease liabilities Other long-term liabilities 907 1,644 1,110 Total non-current lease liabilities $ 183,135 $ 190,119 $ 181,726 Total lease liabilities $ 241,591 $ 248,671 $ 241,294 The table below provides major components of our lease costs: Three Months Ended December 31, (in thousands) 2024 2023 Operating lease cost: Operating lease cost * $ 19,969 $ 19,066 Variable lease cost 3,293 4,215 Total operating lease cost $ 23,262 $ 23,281 Financing lease cost: Amortization of financing lease assets $ 139 $ 151 Interest on financing lease liabilities 44 65 Total financing lease cost $ 183 $ 216 Total lease cost $ 23,445 $ 23,497 * Includes a reduction for sublease rental income of $0.6 million and $1.1 million for the three months ended December 31, 2024 and 2023, respectively. 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 are included in “Store expenses” and “General and administrative” under operating expenses, based on the underlying lease use. Cash paid for operating leases was $20.0 million and $20.3 million for the three months ended December 31, 2024 and 2023, respectively. Cash paid for principal and interest on finance leases was $0.1 million and less than $0.1 million, respectively, for the three months ended December 31, 2024 and $0.1 million and $0.1 million, respectively, for the three months ended December 31, 2023 . The weighted-average term and discount rates for leases are as follows: Three Months Ended December 31, 2024 2023 Weighted-average remaining lease term (years): Operating leases 5.02 4.86 Financing leases 2.80 3.42 Weighted-average discount rate: Operating leases 8.40 % 8.53 % Financing leases 11.14 % 11.14 % As of December 31, 2024, maturities of lease liabilities under ASC 842 by fiscal year were as follows: (in thousands) Operating Leases Financing Leases Remaining 2025 $ 57,021 $ 490 Fiscal 2026 68,806 702 Fiscal 2027 54,798 453 Fiscal 2028 39,612 43 Fiscal 2029 26,082 2 Thereafter 49,919 — Total lease liabilities $ 296,238 $ 1,690 Less: portion representing imputed interest 56,110 227 Total net lease liabilities $ 240,128 $ 1,463 Less: current portion 57,900 556 Total long-term net lease liabilities $ 182,228 $ 907 We recorded $18.2 million and $9.3 million in non-cash additions to our operating right-of-use assets and lease liabilities for the three months ended December 31, 2024 and 2023, respectively. We recorded no non-cash finance lease additions for the three months ended December 31, 2024 and $0.1 million for the three months ended December 31, 2023.

Strategic Investments

Strategic Investments	3 Months Ended
	Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]
Strategic Investments	NOTE 5: STRATEGIC INVESTMENTS Cash Converters International Limited As of December 31, 2024, we owned 273,939,157 shares, or approximately 43.7%, of Cash Converters. We acquired our original investment in November 2009 and have increased our ownership through the acquisition of additional shares periodically since that time. We received cash dividends from Cash Converters of $1.9 million and $1.7 million during th e three mon ths ended December 31, 2024 and 2023, respectively. The following tables present summary financial information for Cash Converters’ most recently reported results as applicable after translation to U.S. dollars: June 30, (in thousands) 2024 2023 Current assets $ 185,649 $ 189,563 Non-current assets 133,043 103,595 Total assets $ 318,692 $ 293,158 Current liabilities $ 103,771 $ 97,630 Non-current liabilities 74,010 58,777 Shareholders’ equity 140,911 136,751 Total liabilities and shareholders’ equity $ 318,692 $ 293,158 Full-Year Ended June 30, (in thousands) 2024 2023 Gross revenues $ 251,135 $ 203,608 Gross profit $ 152,879 $ 125,709 Net profit (loss) $ 11,420 $ (65,351) During the three m onths ended December 31, 2024, and 2023 we recorded our share of income of $1.6 million and $1.2 million, respectively, from Cash Converters, included in “Equity in net income of unconsolidated affiliates” in the condensed consolidated statements of operations. See Note 6: Fair Value Measurements for the fair value and carrying value of our investment in Cash Converters. Founders One, LLC In fiscal 2022, we invested $15.0 million in exchange for a non-redeemable voting participating preferred equity interest in Founders One, LLC (“Founders”), a then newly-formed entity with one other member. In fiscal 2023, we contributed an additional $15.0 million associated with our preferred interest and loaned Founders $15.0 million in exchange for a Demand Promissory Note secured by the common interest held by the other member. In fiscal 2024, we contributed an additional $15.0 million associated with our preferred interest, bringing our total preferred equity investment in Founders to $45.0 million. We have an interest in Founders, a variable interest entity, but because the Company is not the primary beneficiary, we do not consolidate Founders. Further, as we are not the appointed manager, we do not have the ability to direct the activities of the investment entity that most significantly impact its economic performance. Consequently, our preferred equity investment in Founders is accounted for utilizing the measurement alternative within ASC 321, Investments — Equity Securities. As of December 31, 2024, our $45.0 million carrying value of the preferred equity investment and $15.0 million Demand Promissory Note are included in “Other investments” and “Prepaid expenses and other current assets” in our condensed consolidated balance sheets, respectively. As of December 31, 2024, our maximum exposure for losses related to our investment in Founders was our $45.0 million preferred equity investment and $15.0 million Demand Promissory Note plus accrued and unpaid interest. See Note 6: Fair Value Measurements for the fair value and carrying value of our loan to Founders.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 6: FAIR VALUE MEASUREMENTS The fair value of a financial instrument is the amount that could be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the quality and reliability of the information used to determine fair values. Categorization within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fair value hierarchy is defined into the following three categories: • 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. • 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. Financial Assets and Liabilities Not Measured at Fair Value The tables below present our estimates of fair value of financial assets and liabilities that were not measured at fair value: Carrying Value Estimated Fair Value December 31, 2024 December 31, 2024 Fair Value Measurement Using (in thousands) Level 1 Level 2 Level 3 Financial assets: Promissory note receivable from Founders $ 16,317 $ 16,317 $ — $ — $ 16,317 Investments in unconsolidated affiliates 13,555 43,328 42,478 — 850 Financial liabilities: 2025 Convertible Notes $ 103,205 $ 102,339 $ — $ 102,339 $ — 2029 Convertible Notes 224,505 289,887 — 289,887 — Carrying Value Estimated Fair Value December 31, 2023 December 31, 2023 Fair Value Measurement Using (in thousands) Level 1 Level 2 Level 3 Financial assets: Promissory note receivable due April 2024 $ 1,259 $ 1,259 $ — $ — $ 1,259 Promissory note receivable from Founders 17,073 17,073 — — 17,073 Investments in unconsolidated affiliates 10,125 39,528 39,528 — — Financial liabilities: 2024 Convertible Notes $ 34,307 $ 34,733 $ — $ 34,733 $ — 2025 Convertible Notes 102,695 94,173 — 94,173 — 2029 Convertible Notes 223,528 236,900 — 236,900 — Carrying Value Estimated Fair Value September 30, 2024 September 30, 2024 Fair Value Measurement Using (in thousands) Level 1 Level 2 Level 3 Financial assets: Promissory note receivable from Founders $ 15,722 $ 15,722 $ — $ — $ 15,722 Investments in unconsolidated affiliates 13,329 42,496 41,646 — 850 Financial liabilities: 2025 Convertible Notes $ 103,072 $ 100,401 $ — $ 100,401 $ — 2029 Convertible Notes 224,256 273,700 — 273,700 — Based primarily on the short-term nature of cash and cash equivalents, pawn loans, pawn service charges receivable and other liabilities, we estimate that their carrying value approximates fair value. We consider our cash and cash equivalents, including money market accounts, to be measured using Level 1 inputs and our pawn loans, pawn service charges receivable and other liabilities to be measured using Level 3 inputs. Significant increases or decreases in the underlying assumptions used to value pawn loans, pawn service charges receivable, fees and interest receivable and other debt could significantly increase or decrease these fair value estimates. In fiscal 2023, we loaned $15.0 million to Founders in exchange for a Demand Promissory Note secured by the common interest in Founders held by the other member. As of December 31, 2024, the interest rate on the note was 15.00% per annum, and all principal and accrued interest is due on demand. Based primarily on the short-term nature of the note, we estimate that its carrying value approximates fair value as of December 31, 2024. In fiscal 2019, we received $1.1 million in previously escrowed seller funds as a result of settling certain indemnification claims with the seller of GPMX. In April 2019, we loaned the $1.1 million back to the seller of GPMX in exchange for a promissory note. The interest rate on the note was 2.89% per annum and was secured by certain marketable securities owned by the seller and held in a U.S. brokerage account. All principal and accrued interest was received in April 2024. We use the equity method of accounting to account for our ownership interest in Cash Converters. The inputs used to generate the fair value of the investment in Cash Converters were considered Level 1 inputs. These inputs consist of (a) the quoted stock price on the Australian Stock Exchange multiplied by (b) the number of shares we owned multiplied by (c) the applicable foreign currency exchange rate as of the end of our reporting period. We included no control premium for owning a large percentage of outstanding shares. We measured the fair value of the 2024, 2025 and 2029 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, 2024
Debt Disclosure [Abstract]
Debt	NOTE 7: DEBT The following table presents the Company's debt instruments outstanding: December 31, 2024 December 31, 2023 September 30, 2024 (in thousands) Gross Amount Debt Issuance Costs Carrying Amount Gross Amount Debt Issuance Costs Carrying Amount Gross Amount Debt Issuance Costs Carrying Amount 2029 Convertible Notes $ 230,000 $ (5,495) $ 224,505 $ 230,000 $ (6,472) $ 223,528 $ 230,000 $ (5,744) $ 224,256 2025 Convertible Notes 103,373 (168) 103,205 103,373 (678) 102,695 103,373 (301) 103,072 2024 Convertible Notes — — — 34,389 (82) 34,307 — — — Total $ 333,373 $ (5,663) $ 327,710 $ 367,762 $ (7,232) $ 360,530 $ 333,373 $ (6,045) $ 327,328 Less current portion 103,373 (168) 103,205 34,389 (82) 34,307 103,373 (301) 103,072 Total long-term debt $ 230,000 $ (5,495) $ 224,505 $ 333,373 $ (7,150) $ 326,223 $ 230,000 $ (5,744) $ 224,256 The following table presents the Company’s contractual maturities related to the debt instruments as of December 31, 2024: Schedule of Contractual Maturities (in thousands) 2029 Convertible Notes 2025 Convertible Notes Total Remaining 2025 $ — $ 103,373 $ 103,373 Fiscal 2026 — — — Fiscal 2027 — — — Fiscal 2028 — — — Fiscal 2029 — — — Thereafter 230,000 — 230,000 Total long-term debt $ 230,000 $ 103,373 $ 333,373 The following table presents the Company’s interest expense related to the Convertible Notes for the three months ended December 31, 2024 and 2023: Three Months Ended December 31, (in thousands) 2024 2023 2029 Convertible Notes: Contractual interest expense $ 2,156 $ 2,156 Amortization of deferred financing costs 249 244 Total interest expense $ 2,405 $ 2,400 2025 Convertible Notes: Contractual interest expense $ 614 $ 614 Amortization of deferred financing costs 133 131 Total interest expense $ 747 $ 745 2024 Convertible Notes: Contractual interest expense $ — $ 247 Amortization of deferred financing costs — 42 Total interest expense $ — $ 289 2029 Convertible Notes In December 2022, we issued $230.0 million aggregate principal amount of the 2029 Convertible Notes, for which $230.0 million remains outstanding as of December 31, 2024. The 2029 Convertible Notes were issued pursuant to an indenture dated December 12, 2022 (the “2022 Indenture”) by and between the Company and Truist Bank, as trustee. The 2029 Convertible Notes were issued in a private offering under Rule 144A under the Securities Act of 1933. The 2029 Convertible Notes pay interest semi-annually in arrears at a rate of 3.750% per annum on June 15 and December 15 of each year, commencing June 15, 2023, and mature on December 15, 2029 (the “2029 Maturity Date”), unless converted, redeemed or repurchased in accordance with the terms prior to such date. At maturity, the holders of the 2029 Convertible Notes will be entitled to receive cash equal to the principal of the 2029 Convertible Notes plus accrued interest. The effective interest rate for the three months ended December 31, 2024 was approximately 4.28%. As of December 31, 2024, the remaining unamortized debt issuance costs will be amortized using the effective interest method through the 2029 Maturity Date assuming no early conversion. The 2029 Convertible Notes are convertible based on an initial conversion rate of 89.0313 shares of Class A Common Stock per $1,000 principal amount (equivalent to an initial conversion price of $11.23 per share). The conversion rate will not be adjusted for any accrued and unpaid interest. The 2029 Convertible Notes contain certain make-whole fundamental change premiums and customary anti-dilution adjustments. Upon conversion, we may settle in cash, shares of Class A Common Stock or any combination thereof, at our election. Prior to June 15, 2029, the 2029 Convertible Notes will be convertible only under the following circumstances: (1) during any fiscal quarter commencing after the fiscal quarter ending on March 31, 2023 (and only during such fiscal quarter), if the last reported sale price of our Class A Common Stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding fiscal quarter is greater than or equal to 130% of the conversion price on each applicable trading day; (2) during the five business day period after any five consecutive trading day period (the “measurement period”) in which the trading price, as defined in the 2022 Indenture, per $1,000 principal amount of notes for each trading day of the measurement period was less than 98% of the product of the last reported sale price of our Class A Common Stock and the conversion rate on such trading day; (3) if we call any or all of the 2029 Convertible Notes for redemption, at any time prior to the close of business on the business day immediately preceding the redemption date; or (4) upon the occurrence of specified corporate events, as defined in the 2022 Indenture. On or after June 15, 2029 until the close of business on the business day immediately preceding the 2029 Maturity Date, holders of 2029 Convertible Notes may, at their option, convert their 2029 Convertible Notes at any time, regardless of the foregoing circumstances. We may not redeem the 2029 Convertible Notes prior to December 21, 2026. At our option, we may redeem for cash all or any portion of the 2029 Convertible Notes on or after December 21, 2026, if the last reported sale price of the Class A Common Stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive), including the trading day immediately preceding the date on which we provide notice of redemption, during any 30 consecutive trading day period ending on, and including, the trading day immediately preceding the date on which we provide notice of redemption. The redemption price will be equal to 100% of the principal amount of the 2029 Convertible Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. As of December 31, 2024, the 2029 Convertible Notes were not convertible as no conditions of conversion had been met. Accordingly, the net balance of the 2029 Convertible Notes was classified as a non-current liability in our condensed consolidated balance sheets as of December 31, 2024. The classification of the 2029 Convertible Notes as current or non-current in the condensed consolidated balance sheets is evaluated at each balance sheet date and may change from time to time depending on whether any of the conversion conditions has been met. If one of the conversion conditions is met in any future fiscal quarter, we will classify our net liability under the 2029 Convertible Notes as a current liability in the condensed consolidated balance sheets as of the end of that fiscal quarter. If none of the conversion conditions have been met in a future fiscal quarter prior to the one-year period immediately preceding the 2029 Maturity Date, we will classify our net liability under the 2029 Convertible Notes as a non-current liability in the condensed consolidated balance sheets as of the end of that fiscal quarter. If the note holders elect to convert their 2029 Convertible Notes prior to maturity, any unamortized debt issuance costs will be recognized as expense at the time of conversion. If the entire outstanding principal amount had been converted on December 31, 2024, we would have recorded an expense associated with the conversion, comprised of $5.5 million of unamortized debt issuance costs. The stock trading price condition and other triggers are measured on a quarter-by-quarter basis and were not met as of December 31, 2024. As of December 31, 2024, the if-converted value of the 2029 Convertible Notes did not exceed the principal amount. 2025 Convertible Notes In May 2018, we issued $172.5 million aggregate principal amount of the 2025 Convertible Notes. The 2025 Convertible Notes were issued pursuant to an indenture dated May 14, 2018 (the “2018 Indenture”) by and between the Company and Wells Fargo Bank, National Association, as the original trustee. Effective October 1, 2019, Truist (formerly BB&T) assumed the duties and responsibilities as trustee under the 2018 Indenture. The 2025 Convertible Notes were issued in a private offering under Rule 144A under the Securities Act of 1933. In December 2022, we repurchased approximately $69.1 million aggregate principal amount of the 2025 Convertible Notes for approximately $62.9 million plus accrued interest. As of December 31, 2024, $103.4 million remains outstanding. 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 the terms prior to such date. The effective interest rate for the three months ended December 31, 2024 was approximately 2.88% for the 2025 Convertible Notes. As of December 31, 2024, the remaining unamortized debt issuance costs will be amortized using the effective interest method through the 2025 Maturity Date assuming no early conversion. The 2025 Convertible Notes are convertible based on an initial conversion rate of 62.8931 shares of Class A Common Stock per $1,000 principal amount (equivalent to an initial conversion price of $15.90 per share). The conversion rate will not be adjusted for any accrued and unpaid interest. The 2025 Convertible Notes contain certain make-whole fundamental change premiums and customary anti-dilution adjustments. Until the close of business on the business day immediately preceding the 2025 Maturity Date, holders of 2025 Convertible Notes may, at their option, convert their 2025 Convertible Notes at any time. Pursuant to the terms of the 2018 Indenture, we have elected to settle any conversions of the 2025 Convertible Notes using shares of Class A Common Stock (physical settlement). On October 28, 2024, we provided notice of that election to the trustee. If the note holders elect to convert their 2025 Convertible Notes prior to maturity, any unamortized debt issuance costs will be recognized as expense at the time of conversion. If the entire outstanding principal amount had been converted on December 31, 2024, we would have recorded an expense associated with the conversion, comprised of $0.2 million of unamortized debt issuance costs. The stock trading price condition and other triggers are measured on a quarter-by-quarter basis and were not met as of December 31, 2024. As of December 31, 2024, the if-converted value of the 2025 Convertible Notes did not exceed the principal amount and none of the note holders had elected to convert their 2025 Convertible Notes. 2024 Convertible Notes In July 2017, we issued $143.75 million aggregate principal amount of the 2024 Convertible Notes. The 2024 Convertible Notes were issued pursuant to an indenture dated July 5, 2017 (the “2017 Indenture”) by and between the Company and Wells Fargo Bank, National Association, as the original trustee. Effective October 1, 2019, Truist (formerly BB&T) assumed the duties and responsibilities as trustee under the 2017 Indenture. The 2024 Convertible Notes were issued in a private offering under Rule 144A under the Securities Act of 1933. In December 2022, we repurchased approximately $109.4 million aggregate principal amount of the 2024 Convertible Notes for approximately $117.5 million plus accrued interest. On July 1, 2024, the $34.4 million aggregate principal amount outstanding plus accrued interest was repaid using cash on hand and 77,328 Class A Common Stock shares, equal to the accreted value, were issued as part of the 2024 Convertible Notes conversion. The 2024 Convertible Notes paid 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 matured on July 1, 2024 (the “2024 Maturity Date”). The 2024 Convertible Notes were convertible based on an initial conversion rate of 100 shares of Class A Common Stock per $1,000 principal amount (equivalent to an initial conversion price of $10.00 per share). Until the close of business on the business day immediately preceding the 2024 Maturity Date, holders of 2024 Convertible Notes could, at their option, convert their 2024 Convertible Notes at any time. Because we did not elect an alternative settlement method prior to January 1, 2024, conversions were settled by combination settlement, which was $1,000 cash (per the $1,000 principal value) plus stock equal to the accreted value as defined in the 2017 Indenture.

Common Stock and Stock Compensa

Common Stock and Stock Compensation	3 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Common Stock and Stock Compensation	NOTE 8: COMMON STOCK AND STOCK COMPENSATION Common Stock Repurchase Program On May 3, 2022, the Company’s Board of Directors (the “Board”) authorized the repurchase of up to $50 million of our Class A Common Stock over three years (the “Common Stock Repurchase Program”). Execution of the program will be responsive to fluctuating market conditions and valuations, liquidity needs and the expected return on investment compared to other opportunities. The amount and timing of purchases will be dependent on a variety of factors, including stock price, trading volume, general market conditions, legal and regulatory requirements, general business conditions, the level of cash flows, and corporate considerations determined by management and the Board, such as liquidity and capital needs and the availability of attractive alternative investment opportunities. The Board of Directors has reserved the right to modify, suspend or terminate the program at any time. As of December 31, 2024, we had repurchased and retired 3,096,011 shares of our Class A Common Stock for $29.0 million under the Common Stock Repurchase Program, of which 250,463 shares were repurchased and retired for $3.0 million during the three months ended December 31, 2024. During the three months ended December 31, 2023, 354,882 shares were repurchased and retired for $3.0 million under the Common Stock Repurchase Program. The repurchase amount is allocated between “Additional paid-in capital” and “Retained earnings” in our condensed consolidated balance sheets. Stock Compensation We maintain a Board-approved incentive plan to retain the services of our valued officers, directors and employees and to incentivize such persons to make contributions to our company and motivate excellent performance (the “Incentive Plan”). Under the Incentive Plan, we grant awards of restricted stock or restricted stock units to employees and non-employee directors. Awards granted to employees are typically subject to performance and service conditions. Awards granted to non-employee directors are time-based awards subject only to service conditions. Awards granted under the Incentive Plan are measured at the grant date fair value with compensation costs associated with the awards recognized over the requisite service period, usually the vesting period, on a straight-line basis. The following table presents a summary of stock compensation activity: Shares Weighted Average Outstanding as of September 30, 2024 2,699,914 $ 7.91 Granted (a) 1,138,292 10.13 Released (b) (1,055,736) 7.39 Outstanding as of December 31, 2024 2,782,470 $ 9.02 (a) Includes performance adjustment of 320,076 shares awarded above their target grants resulting from the achievement of performance targets established at the grant date. (b) 337,421 shares were withheld to satisfy related income tax withholding.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 9: COMMITMENTS AND CONTINGENCIES Currently, and from time to time, we are involved in various claims, disputes, lawsuits, investigations, and legal and regulatory proceedings. We accrue for contingencies if it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. Because these matters are inherently unpredictable and unfavorable developments or resolutions can occur, assessing contingencies requires judgments and is highly subjective about future events, and the amount of resulting loss may differ from these estimates. We do not believe the resolution of any particular matter will have a material adverse effect on our financial condition, results of operations or liquidity.

Segment Information

Segment Information	3 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Segment Information	NOTE 10: SEGMENT INFORMATION Our operations are primarily managed on a geographical basis and are comprised of three reportable segments. The factors for determining our reportable segments include the manner in which our chief operating decision maker evaluates performance for purposes of allocating resources and assessing performance. 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; and • Other Investments — primarily our equity interest in Cash Converters and our investment in and notes receivable from Founders. 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. The following income (loss) before income taxes tables present revenues for each reportable segment, disaggregated revenues within our reportable segments and Corporate, segment profits and segment contribution. Three Months Ended December 31, 2024 (in thousands) U.S. Pawn Latin America Pawn Other Investments Total Segments Corporate Items Consolidated Revenues: Merchandise sales $ 128,800 $ 57,543 $ — $ 186,343 $ — $ 186,343 Jewelry scrapping sales 15,498 1,234 — 16,732 — 16,732 Pawn service charges 87,876 29,176 — 117,052 — 117,052 Other revenues 27 16 — 43 — 43 Total revenues 232,201 87,969 — 320,170 — 320,170 Merchandise cost of goods sold 81,556 40,268 — 121,824 — 121,824 Jewelry scrapping cost of goods sold 11,968 974 — 12,942 — 12,942 Gross profit 138,677 46,727 — 185,404 — 185,404 Segment and corporate expenses (income): Store expenses 83,089 33,362 — 116,451 — 116,451 General and administrative — — — — 18,669 18,669 Depreciation and amortization 2,717 2,046 — 4,763 3,572 8,335 Loss on sale or disposal of assets and other — 8 — 8 — 8 Interest expense — — — — 3,147 3,147 Interest income — (202) (594) (796) (1,297) (2,093) Equity in net (income) loss of unconsolidated affiliates — — (1,623) (1,623) 148 (1,475) Other (income) expense (11) (71) — (82) 1,060 978 Segment contribution $ 52,882 $ 11,584 $ 2,217 $ 66,683 Income (loss) before income taxes $ 66,683 $ (25,299) $ 41,384 Three Months Ended December 31, 2023 (in thousands) U.S. Pawn Latin America Pawn Other Investments Total Segments Corporate Items Consolidated Revenues: Merchandise sales $ 125,513 $ 53,890 $ — $ 179,403 $ — $ 179,403 Jewelry scrapping sales 12,815 1,267 — 14,082 — 14,082 Pawn service charges 79,073 27,376 — 106,449 — 106,449 Other revenues 37 16 4 57 — 57 Total revenues 217,438 82,549 4 299,991 — 299,991 Merchandise cost of goods sold 78,709 36,501 — 115,210 — 115,210 Jewelry scrapping cost of goods sold 11,284 924 — 12,208 — 12,208 Gross profit 127,445 45,124 4 172,573 — 172,573 Segment and corporate expenses (income): Store expenses 77,255 33,300 — 110,555 — 110,555 General and administrative — — — — 16,543 16,543 Depreciation and amortization 2,624 2,339 — 4,963 3,602 8,565 Loss (gain) on sale or disposal of assets and other 26 (196) — (170) (2) (172) Interest expense — — — — 3,440 3,440 Interest income — (420) (573) (993) (1,646) (2,639) Equity in net income of unconsolidated affiliates — — (1,153) (1,153) — (1,153) Other (income) expense — (48) 1 (47) (224) (271) Segment contribution $ 47,540 $ 10,149 $ 1,729 $ 59,418 Income (loss) before income taxes $ 59,418 $ (21,713) $ 37,705 The following table presents separately identified segment assets: (in thousands) U.S. Pawn Latin America Pawn Other Investments Corporate Items Total As of December 31, 2024 Pawn loans $ 220,208 $ 54,616 $ — $ — $ 274,824 Pawn service charges receivable, net 40,908 4,290 — — 45,198 Inventory, net 148,460 51,021 — — 199,481 Total assets 1,029,206 305,337 80,242 84,348 1,499,133 As of December 31, 2023 Pawn loans $ 190,766 $ 52,486 $ — $ — $ 243,252 Pawn service charges receivable, net 35,707 4,295 — — 40,002 Inventory, net 127,008 37,919 — — 164,927 Total assets 1,004,075 323,209 78,419 75,490 1,481,193 As of September 30, 2024 Pawn loans $ 214,306 $ 59,778 $ — $ — $ 274,084 Pawn service charges receivable, net 39,194 4,819 — — 44,013 Inventory, net 138,624 53,299 — — 191,923 Total assets 1,009,226 311,824 79,421 92,766 1,493,237

Supplemental Consolidated Finan

Supplemental Consolidated Financial Information	3 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplemental Consolidated Financial Information	NOTE 11: SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION The following table provides supplemental information on net amounts included in our condensed consolidated balance sheets: (in thousands) December 31, 2024 December 31, 2023 September 30, 2024 Gross pawn service charges receivable $ 57,359 $ 50,919 $ 57,544 Allowance for uncollectible pawn service charges receivable (12,161) (10,917) (13,531) Pawn service charges receivable, net $ 45,198 $ 40,002 $ 44,013 Gross inventory $ 202,529 $ 167,660 $ 194,657 Inventory reserves (3,048) (2,733) (2,734) Inventory, net $ 199,481 $ 164,927 $ 191,923 Prepaid expenses and other $ 4,218 $ 6,868 $ 3,350 Accounts receivable and other 13,945 15,699 16,482 Notes receivable 16,924 18,333 16,332 Income taxes prepaid and receivable 1,475 3,101 3,007 Prepaid expenses and other current assets $ 36,562 $ 44,001 $ 39,171 Property and equipment, gross $ 280,953 $ 352,291 $ 280,714 Accumulated depreciation (217,722) (283,293) (214,741) Property and equipment, net $ 63,231 $ 68,998 $ 65,973 Accounts payable $ 14,822 $ 18,200 $ 20,850 Accrued payroll 9,694 7,682 13,541 Incentive accrual 6,139 6,859 19,883 Other payroll related expenses 5,525 7,849 3,999 Accrued sales and VAT taxes 4,782 6,089 3,954 Accrued income taxes payable 13,600 9,068 5,934 Other current liabilities 14,120 13,639 17,576 Accounts payable, accrued expenses and other current liabilities $ 68,682 $ 69,386 $ 85,737 The following table provides supplemental disclosure of condensed consolidated statements of cash flows information: Three Months Ended December 31, (in thousands) 2024 2023 Supplemental disclosure of cash flow information Cash and cash equivalents at beginning of period $ 170,513 $ 220,595 Restricted cash at beginning of period 9,294 8,373 Total cash and cash equivalents and restricted cash at beginning of period $ 179,807 $ 228,968 Cash and cash equivalents at end of period $ 174,506 $ 218,516 Restricted cash at end of period 9,386 8,470 Total cash and cash equivalents and restricted cash at end of period $ 183,892 $ 226,986 Non-cash investing and financing activities: Pawn loans forfeited and transferred to inventory $ 109,219 $ 96,472 Accrued acquisition consideration — 37

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Pay vs Performance Disclosure
Net profit (loss)	$ 31,016	$ 28,470

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Terminated	false
Keith Robertson [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On December 11, 2024, Keith Robertson, then Chief Information Officer, terminated a prearranged trading plan entered into on May 23, 2024 to sell up to 89,830 shares of the Company’s Class A Non-Voting Common Stock between September 1, 2024 and December 31, 2024, and on December 12, 2024, Mr. Robertson entered into a prearranged trading plan to sell up to 89,830 shares of the Company’s Class A Non-Voting Common Stock between March 14, 2025 and June 30, 2025 pursuant to the terms of the plan. The plan is designed to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act and comply with the Company’s policies regarding stock transactions.
Name	Keith Robertson
Title	Chief Information Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	December 12, 2024
Rule 10b5-1 Arrangement Terminated	true
Termination Date	December 11, 2024
Expiration Date	June 30, 2025
Arrangement Duration	109 days
Aggregate Available	89,830

Organization and Summary of S_2

Organization and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation The accompanying interim unaudited condensed consolidated financial statements (“Condensed Consolidated Financial Statements”) have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. These Condensed Consolidated Financial Statements should be read in conjunction with the audited consolidated financial statements and related notes contained in our Annual Report on Form 10-K for the year ended September 30, In the opinion of management, the accompanying Condensed Consolidated Financial Statements include all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation. Financial results for the three month period ended December 31, 2024, are not necessarily indicative of results that may be expected for the fiscal year ending September 30, 2025 or any other period due, in part, to seasonal variations. There have been no changes that have had a material impact in significant accounting policies as described in our 2024 Annual Report Principles of Consolidation
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates and assumptions include the determination of inventory reserves, expected credit losses, useful lives of long-lived and intangible assets, valuation of share-based compensation, valuation of equity investments, valuation of deferred tax assets and liabilities, loss contingencies related to litigation and discount rates used for operating leases. We base our estimates on historical experience, observable trends and various other assumptions we believe are reasonable. Actual results may differ materially from these estimates under different assumptions or conditions.
Merchandise Sales Revenues Recognition	Merchandise Sales Revenues Recognition
Investments	Investments
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In October 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-06, Disclosure Improvements - Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative (“ASU 2023-06”). ASU 2023-06 will impact various disclosure areas, including the statement of cash flows, accounting changes and error corrections, earnings per share, debt, equity, derivatives, and transfers of financial assets. The amendments in this ASU 2023-06 will be effective on the date the related disclosures are removed from Regulation S-X or Regulation S-K by the SEC, and will no longer be effective if the SEC has not removed the applicable disclosure requirement by June 30, 2027. Early adoption is prohibited. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”). ASU 2023-07 requires disclosure of significant segment expenses regularly provided to the chief operating decision maker (“CODM”) included within segment operating profit or loss. Additionally, the ASU requires a description of how the CODM utilizes segment operating profit or loss to assess segment performance. The requirements of ASU 2023-07 are effective for the Company for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted, and retrospective application is required for all periods presented. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”). ASU 2023-09 requires disclosure of specific categories and disaggregation of information in the rate reconciliation table. The ASU also requires disclosure of disaggregated information related to income taxes paid, income or loss from continuing operations before income tax expense or benefit and income tax expense or benefit from continuing operations. The requirements of this ASU 2023-09 are effective for the Company for fiscal years beginning after December 15, 2024. Early adoption is permitted, and the amendments should be applied on a prospective basis. Retrospective application is permitted. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures. In March 2024, the FASB issued ASU 2024-02, Codification Improvements—Amendments to Remove References to the Concepts Statements (“ASU 2024-02”). ASU 2024-02 contains amendments to the Codification that remove references to various FASB Concepts Statements. The requirements of this ASU 2024-02 are effective for the Company for fiscal years beginning after December 15, 2024 and can be applied on a prospective or retrospective basis. This standard is not expected to have a significant impact on our consolidated financial statements and related disclosures. In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses (“ASU 2024-03”). Additionally, in January 2025, the FASB issued ASU 2025-01 to clarify the effective date of ASU 2024-03. ASU 2024-03 requires disclosure in the notes to the financial statements of specified information about certain costs and expenses. The requirements of ASU 2024-03 are effective for the Company for fiscal years beginning after December 15, 2026 and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted and should be applied either prospectively to financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all period periods presented in the financial statements. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures. In November 2024, the FASB issued ASU 2024-04, Debt - Debt with Conversions and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments (“ASU 2024-04”). ASU 2024-04 clarifies the requirements for determining whether certain settlements of convertible debt instruments, including convertible debt instruments with cash conversion features or convertible debt instruments that are not currently convertible, should be accounted for as an induced conversion. The requirements of ASU 2024-04 are effective for the Company for fiscal years beginning after December 15, 2025, and interim periods within those periods. Early adoption is permitted for all entities that have adopted the amendments in ASU 2020-06 and can be applied on a prospective or retrospective basis. We are currently evaluating the impact of this standard on our consolidated financial statements and related disclosures.

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table summarizes the changes in the carrying amount of goodwill by segment and in total: Three Months Ended December 31, 2024 (in thousands) U.S. Pawn Latin America Pawn Consolidated Balances as of September 30, 2024 $ 264,428 $ 42,050 $ 306,478 Effect of foreign currency translation changes — (1,756) (1,756) Balances as of December 31, 2024 $ 264,428 $ 40,294 $ 304,722 Three Months Ended December 31, 2023 (in thousands) U.S. Pawn Latin America Pawn Consolidated Balances as of September 30, 2023 $ 255,942 $ 46,430 $ 302,372 Acquisitions (a) 416 — 416 Effect of foreign currency translation changes — 1,011 1,011 Balances as of December 31, 2023 $ 256,358 $ 47,441 $ 303,799 (a) Amount represents goodwill recognized in connection with an immaterial acquisition within the U.S. Pawn segment and we have therefore omitted certain disclosures.

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Schedule of Net Components of Basic and Diluted (Loss) Earnings Per Share	The following table reconciles the number of common shares used to compute basic and diluted earnings per share attributable to EZCORP Inc., shareholders: Three Months Ended December 31, (in thousands, except per share amounts) 2024 2023 Basic earnings per common share: Net income - basic $ 31,016 $ 28,470 Weighted shares outstanding - basic 54,827 55,076 Basic earnings per common share $ 0.57 $ 0.52 Diluted earnings per common share: Net income - basic $ 31,016 $ 28,470 Add: Convertible Notes* interest expense, net of tax 2,439 2,659 Net income - diluted $ 33,455 $ 31,129 Weighted shares outstanding - basic 54,827 55,076 Equity-based compensation awards - effect of dilution** 1,541 1,318 Convertible Notes* - effect of dilution 26,979 30,418 Weighted shares outstanding - diluted 83,347 86,812 Diluted earnings per common share $ 0.40 $ 0.36 Potential common shares excluded from the calculation of diluted earnings per common share above: Restricted stock*** 1,437 1,581 * The Company’s debt (collectively, the “Convertible Notes”) includes the 2.375% Convertible Senior Notes Due 2025 (the “2025 Convertible Notes”), the 3.750% Convertible Senior Notes Due 2029 (the “2029 Convertible Notes”) and the three months ended December 31, 2023 also includes the 2.875% Convertible Senior Notes Due 2024 (the “2024 Convertible Notes”). See Note 7: Debt for conversion price, initial conversion rate and additional information. ** Includes time-based share-based awards and performance-based awards for which targets for fiscal year tranches have been achieved and vesting is subject only to achievement of service conditions. *** Includes antidilutive share-based awards as well as performance-based 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, 2024
Leases [Abstract]
Schedule of Lessee Assets and Liabilities	The table below presents balances of our lease assets and liabilities and their balance sheet locations for both operating and financing leases: (in thousands) Balance Sheet Location December 31, 2024 December 31, 2023 September 30, 2024 Lease assets: Operating lease right-of-use assets Right-of-use assets, net $ 227,810 $ 231,103 $ 226,602 Financing lease assets Other assets, net 1,340 2,124 1,559 Total lease assets $ 229,150 $ 233,227 $ 228,161 Lease liabilities: Current: Operating lease liabilities Operating lease liabilities, current $ 57,900 $ 57,980 $ 58,998 Financing lease liabilities Accounts payable, accrued expenses and other current liabilities 556 572 570 Total current lease liabilities $ 58,456 $ 58,552 $ 59,568 Non-current: Operating lease liabilities Operating lease liabilities $ 182,228 $ 188,475 $ 180,616 Financing lease liabilities Other long-term liabilities 907 1,644 1,110 Total non-current lease liabilities $ 183,135 $ 190,119 $ 181,726 Total lease liabilities $ 241,591 $ 248,671 $ 241,294
Schedule of Lease Cost	The table below provides major components of our lease costs: Three Months Ended December 31, (in thousands) 2024 2023 Operating lease cost: Operating lease cost * $ 19,969 $ 19,066 Variable lease cost 3,293 4,215 Total operating lease cost $ 23,262 $ 23,281 Financing lease cost: Amortization of financing lease assets $ 139 $ 151 Interest on financing lease liabilities 44 65 Total financing lease cost $ 183 $ 216 Total lease cost $ 23,445 $ 23,497 * Includes a reduction for sublease rental income of $0.6 million and $1.1 million for the three months ended December 31, 2024 and 2023, respectively. The weighted-average term and discount rates for leases are as follows: Three Months Ended December 31, 2024 2023 Weighted-average remaining lease term (years): Operating leases 5.02 4.86 Financing leases 2.80 3.42 Weighted-average discount rate: Operating leases 8.40 % 8.53 % Financing leases 11.14 % 11.14 %
Schedule of Operating Lease Maturity	As of December 31, 2024, maturities of lease liabilities under ASC 842 by fiscal year were as follows: (in thousands) Operating Leases Financing Leases Remaining 2025 $ 57,021 $ 490 Fiscal 2026 68,806 702 Fiscal 2027 54,798 453 Fiscal 2028 39,612 43 Fiscal 2029 26,082 2 Thereafter 49,919 — Total lease liabilities $ 296,238 $ 1,690 Less: portion representing imputed interest 56,110 227 Total net lease liabilities $ 240,128 $ 1,463 Less: current portion 57,900 556 Total long-term net lease liabilities $ 182,228 $ 907

Strategic Investments (Tables)

Strategic Investments (Tables)	3 Months Ended
	Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Equity Method Investments	The following tables present summary financial information for Cash Converters’ most recently reported results as applicable after translation to U.S. dollars: June 30, (in thousands) 2024 2023 Current assets $ 185,649 $ 189,563 Non-current assets 133,043 103,595 Total assets $ 318,692 $ 293,158 Current liabilities $ 103,771 $ 97,630 Non-current liabilities 74,010 58,777 Shareholders’ equity 140,911 136,751 Total liabilities and shareholders’ equity $ 318,692 $ 293,158 Full-Year Ended June 30, (in thousands) 2024 2023 Gross revenues $ 251,135 $ 203,608 Gross profit $ 152,879 $ 125,709 Net profit (loss) $ 11,420 $ (65,351)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Dec. 31, 2024
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 estimates of fair value of financial assets and liabilities that were not measured at fair value: Carrying Value Estimated Fair Value December 31, 2024 December 31, 2024 Fair Value Measurement Using (in thousands) Level 1 Level 2 Level 3 Financial assets: Promissory note receivable from Founders $ 16,317 $ 16,317 $ — $ — $ 16,317 Investments in unconsolidated affiliates 13,555 43,328 42,478 — 850 Financial liabilities: 2025 Convertible Notes $ 103,205 $ 102,339 $ — $ 102,339 $ — 2029 Convertible Notes 224,505 289,887 — 289,887 — Carrying Value Estimated Fair Value December 31, 2023 December 31, 2023 Fair Value Measurement Using (in thousands) Level 1 Level 2 Level 3 Financial assets: Promissory note receivable due April 2024 $ 1,259 $ 1,259 $ — $ — $ 1,259 Promissory note receivable from Founders 17,073 17,073 — — 17,073 Investments in unconsolidated affiliates 10,125 39,528 39,528 — — Financial liabilities: 2024 Convertible Notes $ 34,307 $ 34,733 $ — $ 34,733 $ — 2025 Convertible Notes 102,695 94,173 — 94,173 — 2029 Convertible Notes 223,528 236,900 — 236,900 — Carrying Value Estimated Fair Value September 30, 2024 September 30, 2024 Fair Value Measurement Using (in thousands) Level 1 Level 2 Level 3 Financial assets: Promissory note receivable from Founders $ 15,722 $ 15,722 $ — $ — $ 15,722 Investments in unconsolidated affiliates 13,329 42,496 41,646 — 850 Financial liabilities: 2025 Convertible Notes $ 103,072 $ 100,401 $ — $ 100,401 $ — 2029 Convertible Notes 224,256 273,700 — 273,700 —

Debt (Tables)

Debt (Tables)	3 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Schedule of Long Term Debt Instruments	The following table presents the Company's debt instruments outstanding: December 31, 2024 December 31, 2023 September 30, 2024 (in thousands) Gross Amount Debt Issuance Costs Carrying Amount Gross Amount Debt Issuance Costs Carrying Amount Gross Amount Debt Issuance Costs Carrying Amount 2029 Convertible Notes $ 230,000 $ (5,495) $ 224,505 $ 230,000 $ (6,472) $ 223,528 $ 230,000 $ (5,744) $ 224,256 2025 Convertible Notes 103,373 (168) 103,205 103,373 (678) 102,695 103,373 (301) 103,072 2024 Convertible Notes — — — 34,389 (82) 34,307 — — — Total $ 333,373 $ (5,663) $ 327,710 $ 367,762 $ (7,232) $ 360,530 $ 333,373 $ (6,045) $ 327,328 Less current portion 103,373 (168) 103,205 34,389 (82) 34,307 103,373 (301) 103,072 Total long-term debt $ 230,000 $ (5,495) $ 224,505 $ 333,373 $ (7,150) $ 326,223 $ 230,000 $ (5,744) $ 224,256
Schedule of Maturities of Long-Term Debt	The following table presents the Company’s contractual maturities related to the debt instruments as of December 31, 2024: Schedule of Contractual Maturities (in thousands) 2029 Convertible Notes 2025 Convertible Notes Total Remaining 2025 $ — $ 103,373 $ 103,373 Fiscal 2026 — — — Fiscal 2027 — — — Fiscal 2028 — — — Fiscal 2029 — — — Thereafter 230,000 — 230,000 Total long-term debt $ 230,000 $ 103,373 $ 333,373
Schedule of Interest Expense	The following table presents the Company’s interest expense related to the Convertible Notes for the three months ended December 31, 2024 and 2023: Three Months Ended December 31, (in thousands) 2024 2023 2029 Convertible Notes: Contractual interest expense $ 2,156 $ 2,156 Amortization of deferred financing costs 249 244 Total interest expense $ 2,405 $ 2,400 2025 Convertible Notes: Contractual interest expense $ 614 $ 614 Amortization of deferred financing costs 133 131 Total interest expense $ 747 $ 745 2024 Convertible Notes: Contractual interest expense $ — $ 247 Amortization of deferred financing costs — 42 Total interest expense $ — $ 289

Common Stock and Stock Compen_2

Common Stock and Stock Compensation (Tables)	3 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Restricted Stock Award Activity	The following table presents a summary of stock compensation activity: Shares Weighted Average Outstanding as of September 30, 2024 2,699,914 $ 7.91 Granted (a) 1,138,292 10.13 Released (b) (1,055,736) 7.39 Outstanding as of December 31, 2024 2,782,470 $ 9.02 (a) Includes performance adjustment of 320,076 shares awarded above their target grants resulting from the achievement of performance targets established at the grant date. (b) 337,421 shares were withheld to satisfy related income tax withholding.

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Schedule of Operating Segment Information	The following income (loss) before income taxes tables present revenues for each reportable segment, disaggregated revenues within our reportable segments and Corporate, segment profits and segment contribution. Three Months Ended December 31, 2024 (in thousands) U.S. Pawn Latin America Pawn Other Investments Total Segments Corporate Items Consolidated Revenues: Merchandise sales $ 128,800 $ 57,543 $ — $ 186,343 $ — $ 186,343 Jewelry scrapping sales 15,498 1,234 — 16,732 — 16,732 Pawn service charges 87,876 29,176 — 117,052 — 117,052 Other revenues 27 16 — 43 — 43 Total revenues 232,201 87,969 — 320,170 — 320,170 Merchandise cost of goods sold 81,556 40,268 — 121,824 — 121,824 Jewelry scrapping cost of goods sold 11,968 974 — 12,942 — 12,942 Gross profit 138,677 46,727 — 185,404 — 185,404 Segment and corporate expenses (income): Store expenses 83,089 33,362 — 116,451 — 116,451 General and administrative — — — — 18,669 18,669 Depreciation and amortization 2,717 2,046 — 4,763 3,572 8,335 Loss on sale or disposal of assets and other — 8 — 8 — 8 Interest expense — — — — 3,147 3,147 Interest income — (202) (594) (796) (1,297) (2,093) Equity in net (income) loss of unconsolidated affiliates — — (1,623) (1,623) 148 (1,475) Other (income) expense (11) (71) — (82) 1,060 978 Segment contribution $ 52,882 $ 11,584 $ 2,217 $ 66,683 Income (loss) before income taxes $ 66,683 $ (25,299) $ 41,384 Three Months Ended December 31, 2023 (in thousands) U.S. Pawn Latin America Pawn Other Investments Total Segments Corporate Items Consolidated Revenues: Merchandise sales $ 125,513 $ 53,890 $ — $ 179,403 $ — $ 179,403 Jewelry scrapping sales 12,815 1,267 — 14,082 — 14,082 Pawn service charges 79,073 27,376 — 106,449 — 106,449 Other revenues 37 16 4 57 — 57 Total revenues 217,438 82,549 4 299,991 — 299,991 Merchandise cost of goods sold 78,709 36,501 — 115,210 — 115,210 Jewelry scrapping cost of goods sold 11,284 924 — 12,208 — 12,208 Gross profit 127,445 45,124 4 172,573 — 172,573 Segment and corporate expenses (income): Store expenses 77,255 33,300 — 110,555 — 110,555 General and administrative — — — — 16,543 16,543 Depreciation and amortization 2,624 2,339 — 4,963 3,602 8,565 Loss (gain) on sale or disposal of assets and other 26 (196) — (170) (2) (172) Interest expense — — — — 3,440 3,440 Interest income — (420) (573) (993) (1,646) (2,639) Equity in net income of unconsolidated affiliates — — (1,153) (1,153) — (1,153) Other (income) expense — (48) 1 (47) (224) (271) Segment contribution $ 47,540 $ 10,149 $ 1,729 $ 59,418 Income (loss) before income taxes $ 59,418 $ (21,713) $ 37,705
Schedule of Reconciliation of Segment Assets to Consolidated	The following table presents separately identified segment assets: (in thousands) U.S. Pawn Latin America Pawn Other Investments Corporate Items Total As of December 31, 2024 Pawn loans $ 220,208 $ 54,616 $ — $ — $ 274,824 Pawn service charges receivable, net 40,908 4,290 — — 45,198 Inventory, net 148,460 51,021 — — 199,481 Total assets 1,029,206 305,337 80,242 84,348 1,499,133 As of December 31, 2023 Pawn loans $ 190,766 $ 52,486 $ — $ — $ 243,252 Pawn service charges receivable, net 35,707 4,295 — — 40,002 Inventory, net 127,008 37,919 — — 164,927 Total assets 1,004,075 323,209 78,419 75,490 1,481,193 As of September 30, 2024 Pawn loans $ 214,306 $ 59,778 $ — $ — $ 274,084 Pawn service charges receivable, net 39,194 4,819 — — 44,013 Inventory, net 138,624 53,299 — — 191,923 Total assets 1,009,226 311,824 79,421 92,766 1,493,237

Supplemental Consolidated Fin_2

Supplemental Consolidated Financial Information (Tables)	3 Months Ended
	Dec. 31, 2024
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: (in thousands) December 31, 2024 December 31, 2023 September 30, 2024 Gross pawn service charges receivable $ 57,359 $ 50,919 $ 57,544 Allowance for uncollectible pawn service charges receivable (12,161) (10,917) (13,531) Pawn service charges receivable, net $ 45,198 $ 40,002 $ 44,013 Gross inventory $ 202,529 $ 167,660 $ 194,657 Inventory reserves (3,048) (2,733) (2,734) Inventory, net $ 199,481 $ 164,927 $ 191,923 Prepaid expenses and other $ 4,218 $ 6,868 $ 3,350 Accounts receivable and other 13,945 15,699 16,482 Notes receivable 16,924 18,333 16,332 Income taxes prepaid and receivable 1,475 3,101 3,007 Prepaid expenses and other current assets $ 36,562 $ 44,001 $ 39,171 Property and equipment, gross $ 280,953 $ 352,291 $ 280,714 Accumulated depreciation (217,722) (283,293) (214,741) Property and equipment, net $ 63,231 $ 68,998 $ 65,973 Accounts payable $ 14,822 $ 18,200 $ 20,850 Accrued payroll 9,694 7,682 13,541 Incentive accrual 6,139 6,859 19,883 Other payroll related expenses 5,525 7,849 3,999 Accrued sales and VAT taxes 4,782 6,089 3,954 Accrued income taxes payable 13,600 9,068 5,934 Other current liabilities 14,120 13,639 17,576 Accounts payable, accrued expenses and other current liabilities $ 68,682 $ 69,386 $ 85,737
Schedule of Supplemental Disclosure of Consolidated Statements of Cash Flows Information	The following table provides supplemental disclosure of condensed consolidated statements of cash flows information: Three Months Ended December 31, (in thousands) 2024 2023 Supplemental disclosure of cash flow information Cash and cash equivalents at beginning of period $ 170,513 $ 220,595 Restricted cash at beginning of period 9,294 8,373 Total cash and cash equivalents and restricted cash at beginning of period $ 179,807 $ 228,968 Cash and cash equivalents at end of period $ 174,506 $ 218,516 Restricted cash at end of period 9,386 8,470 Total cash and cash equivalents and restricted cash at end of period $ 183,892 $ 226,986 Non-cash investing and financing activities: Pawn loans forfeited and transferred to inventory $ 109,219 $ 96,472 Accrued acquisition consideration — 37

Organization and Summary of S_3

Organization and Summary of Significant Accounting Policies - Merchandise Sales Revenue Recognition (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Customer layaway deposits	$ 24,216	$ 21,570	$ 18,324

Organization and Summary of S_4

Organization and Summary of Significant Accounting Policies - Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]
Equity method investments	$ 13,555	$ 13,329	$ 10,125
Rich Data Corporation (RDC)
Schedule of Equity Method Investments [Line Items]
Equity method investments	$ 6,200	$ 6,200	$ 6,200

Goodwill - Schedule of Goodwill

Goodwill - Schedule of Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Goodwill [Roll Forward]
Beginning balance	$ 306,478	$ 302,372
Acquisitions		416
Effect of foreign currency translation changes	(1,756)	1,011
Ending balance	304,722	303,799
U.S. Pawn
Goodwill [Roll Forward]
Beginning balance	264,428	255,942
Acquisitions		416
Effect of foreign currency translation changes	0	0
Ending balance	264,428	256,358
Latin America Pawn
Goodwill [Roll Forward]
Beginning balance	42,050	46,430
Acquisitions		0
Effect of foreign currency translation changes	(1,756)	1,011
Ending balance	$ 40,294	$ 47,441

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Jul. 05, 2017
Basic earnings per common share:
Net income - basic	$ 31,016	$ 28,470
Weighted shares outstanding - basic (in shares)	54,827	55,076
Basic earnings per share (in dollars per share)	$ 0.57	$ 0.52
Diluted earnings per common share:
Net income - basic	$ 31,016	$ 28,470
Add: Convertible Notes interest expense, net of tax	2,439	2,659
Net income - diluted	$ 33,455	$ 31,129
Weighted shares outstanding - basic (in shares)	54,827	55,076
Equity-based compensation awards - effect of dilution (in shares)	1,541	1,318
Convertible Notes - effect of dilution (in shares)	26,979	30,418
Weighted shares outstanding - diluted (in shares)	83,347	86,812
Diluted earnings per share (in dollars per share)	$ 0.40	$ 0.36
2.375% Convertible Senior Notes, Due 2025 | Senior Notes
Diluted earnings per common share:
Stated interest rate	2.375%	2.375%
3.750% Convertible Senior Notes, Due 2029 | Senior Notes
Diluted earnings per common share:
Stated interest rate	3.75%	3.75%
2024 Convertible Notes | Senior Notes
Diluted earnings per common share:
Stated interest rate	2.875%	2.875%	2.875%
Restricted stock
Diluted earnings per common share:
Potential common shares excluded from the calculation of diluted earnings per common share above (in shares)	1,437	1,581

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Lessee, Lease, Description [Line Items]
Operating lease payments	$ 20,000	$ 20,300
Payments of finance leases	131	132
Interest on financing lease liabilities	100	100
Operating lease liability non cash	18,200	9,300
Finance lease liability non cash	$ 0	$ 100
Minimum
Lessee, Lease, Description [Line Items]
Initial term of lease	3 years
Finance, term of lease	2 years
Maximum
Lessee, Lease, Description [Line Items]
Initial term of lease	10 years
Finance, term of lease	5 years

Leases - Lessee Assets and Liab

Leases - Lessee Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Lease assets:
Operating lease right-of-use assets	$ 227,810	$ 226,602	$ 231,103
Financing lease assets	$ 1,340	$ 1,559	$ 2,124
Finance Lease, Other Assets, Statement of Financial Position [Extensible Enumeration]	Other Assets, Noncurrent	Other Assets, Noncurrent	Other Assets, Noncurrent
Total lease assets	$ 229,150	$ 228,161	$ 233,227
Current:
Operating lease liabilities	57,900	58,998	57,980
Financing lease liabilities	$ 556	$ 570	$ 572
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accounts payable, accrued expenses and other current liabilities	Accounts payable, accrued expenses and other current liabilities	Accounts payable, accrued expenses and other current liabilities
Total current lease liabilities	$ 58,456	$ 59,568	$ 58,552
Non-current:
Operating lease liabilities	182,228	180,616	188,475
Financing lease liabilities	$ 907	$ 1,110	$ 1,644
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent
Total non-current lease liabilities	$ 183,135	$ 181,726	$ 190,119
Total lease liabilities	$ 241,591	$ 241,294	$ 248,671

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Operating lease cost:
Operating lease cost	$ 19,969	$ 19,066
Variable lease cost	3,293	4,215
Total operating lease cost	23,262	23,281
Financing lease cost:
Amortization of financing lease assets	139	151
Interest on financing lease liabilities	44	65
Total financing lease cost	183	216
Total lease cost	23,445	23,497
Sublease income	$ 600	$ 1,100
Weighted-average remaining lease term (years):
Operating leases	5 years 7 days	4 years 10 months 9 days
Financing leases	2 years 9 months 18 days	3 years 5 months 1 day
Weighted-average discount rate:
Operating leases	8.40%	8.53%
Financing leases	11.14%	11.14%

Leases - Operating And Financin

Leases - Operating And Financing Lease Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Operating Leases
Remaining 2025	$ 57,021
Fiscal 2026	68,806
Fiscal 2027	54,798
Fiscal 2028	39,612
Fiscal 2029	26,082
Thereafter	49,919
Total lease liabilities	296,238
Less: portion representing imputed interest	56,110
Total net lease liabilities	240,128
Less: current portion	57,900	$ 58,998	$ 57,980
Total long-term net lease liabilities	182,228	180,616	188,475
Financing Leases
Remaining 2025	490
Fiscal 2026	702
Fiscal 2027	453
Fiscal 2028	43
Fiscal 2029	2
Thereafter	0
Total lease liabilities	1,690
Less: portion representing imputed interest	227
Total net lease liabilities	1,463
Less: current portion	556	570	572
Total long-term net lease liabilities	$ 907	$ 1,110	$ 1,644

Strategic Investments - Additio

Strategic Investments - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Schedule of Equity Method Investments [Line Items]
Income from equity method investments	$ 1,475	$ 1,153
Cash Converters International Limited
Schedule of Equity Method Investments [Line Items]
Shares owned (in shares)	273,939,157
Ownership percentage	43.70%
Dividends from unconsolidated affiliates	$ 1,900	1,700
Cash Converted International Limited
Schedule of Equity Method Investments [Line Items]
Income from equity method investments	1,600	$ 1,200
Founders One LLC
Schedule of Equity Method Investments [Line Items]
Payments to acquire equity investment			$ 15,000	$ 15,000	$ 15,000
Notes receivable, net	15,000			$ 15,000
Equity securities, fair value	$ 45,000		$ 45,000

Strategic Investments - Equity

Strategic Investments - Equity Method Investments (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2024
Schedule of Equity Method Investments [Line Items]
Current assets	$ 739,957	$ 719,168			$ 728,998
Total assets	1,499,133	1,481,193			1,493,237
Current liabilities	254,003	179,997			269,377
Total liabilities and equity	1,499,133	1,481,193			$ 1,493,237
Gross profit	185,404	172,573
Net profit (loss)	$ 31,016	$ 28,470
Cash Converters International Limited
Schedule of Equity Method Investments [Line Items]
Current assets			$ 185,649	$ 189,563
Non-current assets			133,043	103,595
Total assets			318,692	293,158
Current liabilities			103,771	97,630
Non-current liabilities			74,010	58,777
Shareholders’ equity			140,911	136,751
Total liabilities and equity			318,692	293,158
Gross revenues			251,135	203,608
Gross profit			152,879	125,709
Net profit (loss)			$ 11,420	$ (65,351)

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Sep. 30, 2019	Apr. 30, 2019
Promissory note receivable from Founders
Financial assets:
Notes receivable, fair value				$ 15,000
Promissory note receivable from Founders | Carrying Value
Financial assets:
Notes receivable, fair value	$ 16,317	$ 15,722	$ 17,073
Promissory note receivable from Founders | Estimated Fair Value
Financial assets:
Notes receivable, fair value	16,317	15,722	17,073
Promissory note receivable from Founders | Estimated Fair Value | Level 1
Financial assets:
Notes receivable, fair value	0	0	0
Promissory note receivable from Founders | Estimated Fair Value | Level 2
Financial assets:
Notes receivable, fair value	0	0	0
Promissory note receivable from Founders | Estimated Fair Value | Level 3
Financial assets:
Notes receivable, fair value	16,317	15,722	17,073
Investments in unconsolidated affiliates | Carrying Value
Financial assets:
Investments in unconsolidated affiliates	13,555	13,329	10,125
Investments in unconsolidated affiliates | Estimated Fair Value
Financial assets:
Investments in unconsolidated affiliates	43,328	42,496	39,528
Investments in unconsolidated affiliates | Estimated Fair Value | Level 1
Financial assets:
Investments in unconsolidated affiliates	42,478	41,646	39,528
Investments in unconsolidated affiliates | Estimated Fair Value | Level 2
Financial assets:
Investments in unconsolidated affiliates	0	0	0
Investments in unconsolidated affiliates | Estimated Fair Value | Level 3
Financial assets:
Investments in unconsolidated affiliates	850	850	0
2024 Convertible Notes | Carrying Value
Financial liabilities:
Debt instruments, fair value			34,307
2024 Convertible Notes | Estimated Fair Value
Financial liabilities:
Debt instruments, fair value			34,733
2024 Convertible Notes | Estimated Fair Value | Level 1
Financial liabilities:
Debt instruments, fair value			0
2024 Convertible Notes | Estimated Fair Value | Level 2
Financial liabilities:
Debt instruments, fair value			34,733
2024 Convertible Notes | Estimated Fair Value | Level 3
Financial liabilities:
Debt instruments, fair value			0
2025 Convertible Notes | Carrying Value
Financial liabilities:
Debt instruments, fair value	103,205	103,072	102,695
2025 Convertible Notes | Estimated Fair Value
Financial liabilities:
Debt instruments, fair value	102,339	100,401	94,173
2025 Convertible Notes | Estimated Fair Value | Level 1
Financial liabilities:
Debt instruments, fair value	0	0	0
2025 Convertible Notes | Estimated Fair Value | Level 2
Financial liabilities:
Debt instruments, fair value	102,339	100,401	94,173
2025 Convertible Notes | Estimated Fair Value | Level 3
Financial liabilities:
Debt instruments, fair value	0	0	0
2029 Convertible Notes | Carrying Value
Financial liabilities:
Debt instruments, fair value	224,505	224,256	223,528
2029 Convertible Notes | Estimated Fair Value
Financial liabilities:
Debt instruments, fair value	289,887	273,700	236,900
2029 Convertible Notes | Estimated Fair Value | Level 1
Financial liabilities:
Debt instruments, fair value	0	0	0
2029 Convertible Notes | Estimated Fair Value | Level 2
Financial liabilities:
Debt instruments, fair value	289,887	273,700	236,900
2029 Convertible Notes | Estimated Fair Value | Level 3
Financial liabilities:
Debt instruments, fair value	$ 0	$ 0	0
Promissory note receivable due April 2024
Financial assets:
Notes receivable, fair value					$ 1,100	$ 1,100
Promissory note receivable due April 2024 | Carrying Value
Financial assets:
Notes receivable, fair value			1,259
Promissory note receivable due April 2024 | Estimated Fair Value
Financial assets:
Notes receivable, fair value			1,259
Promissory note receivable due April 2024 | Estimated Fair Value | Level 1
Financial assets:
Notes receivable, fair value			0
Promissory note receivable due April 2024 | Estimated Fair Value | Level 2
Financial assets:
Notes receivable, fair value			0
Promissory note receivable due April 2024 | Estimated Fair Value | Level 3
Financial assets:
Notes receivable, fair value			$ 1,259

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	Apr. 30, 2019	Dec. 31, 2024	Sep. 30, 2023	Sep. 30, 2019
Promissory note receivable from Founders
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes receivable, fair value			$ 15
Interest on note receivable		15%
Promissory note receivable due April 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes receivable, fair value	$ 1.1			$ 1.1
Interest on note receivable	2.89%

Debt - Schedule of Debt Instrum

Debt - Schedule of Debt Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Gross Amount	$ 333,373	$ 333,373	$ 367,762
Less current portion, Gross Amount	103,373	103,373	34,389
Gross Amount, excluding current maturities	230,000	230,000	333,373
Debt Issuance Costs	(5,663)	(6,045)	(7,232)
Less current portion, Debt Issuance Costs	(168)	(301)	(82)
Debt Issuance Costs, excluding current	(5,495)	(5,744)	(7,150)
Carrying Amount	327,710	327,328	360,530
Less current portion, Carrying Amount	103,205	103,072	34,307
Carrying Amount, excluding current maturities	224,505	224,256	326,223
Senior Notes
Debt Instrument [Line Items]
Gross Amount	333,373
2029 Convertible Notes | Senior Notes
Debt Instrument [Line Items]
Gross Amount	230,000	230,000	230,000
Debt Issuance Costs	(5,495)	(5,744)	(6,472)
Carrying Amount	224,505	224,256	223,528
2025 Convertible Notes | Senior Notes
Debt Instrument [Line Items]
Gross Amount	103,373	103,373	103,373
Debt Issuance Costs	(168)	(301)	(678)
Carrying Amount	103,205	103,072	102,695
2024 Convertible Notes | Senior Notes
Debt Instrument [Line Items]
Gross Amount	0	0	34,389
Debt Issuance Costs	0	0	(82)
Carrying Amount	$ 0	$ 0	$ 34,307

Debt - Principal Payment Schedu

Debt - Principal Payment Schedule (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Gross Amount	$ 333,373	$ 333,373	$ 367,762
Senior Notes
Debt Instrument [Line Items]
Remaining 2025	103,373
Fiscal 2026	0
Fiscal 2027	0
Fiscal 2028	0
Fiscal 2029	0
Thereafter	230,000
Gross Amount	333,373
Senior Notes | 2029 Convertible Notes
Debt Instrument [Line Items]
Remaining 2025	0
Fiscal 2026	0
Fiscal 2027	0
Fiscal 2028	0
Fiscal 2029	0
Thereafter	230,000
Gross Amount	230,000	230,000	230,000
Senior Notes | 2025 Convertible Notes
Debt Instrument [Line Items]
Remaining 2025	103,373
Fiscal 2026	0
Fiscal 2027	0
Fiscal 2028	0
Fiscal 2029	0
Thereafter	0
Gross Amount	$ 103,373	$ 103,373	$ 103,373

Debt - Interest Expense (Detail

Debt - Interest Expense (Details) - Senior Notes - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
2029 Convertible Notes
Debt Instrument [Line Items]
Contractual interest expense	$ 2,156	$ 2,156
Amortization of deferred financing costs	249	244
Total interest expense	2,405	2,400
2025 Convertible Notes
Debt Instrument [Line Items]
Contractual interest expense	614	614
Amortization of deferred financing costs	133	131
Total interest expense	747	745
2024 Convertible Notes
Debt Instrument [Line Items]
Contractual interest expense	0	247
Amortization of deferred financing costs	0	42
Total interest expense	$ 0	$ 289

Debt - Convertible Senior Notes

Debt - Convertible Senior Notes Due 2029 (Details)		1 Months Ended	3 Months Ended
	Dec. 12, 2022 day $ / shares	Dec. 31, 2022 USD ($)	Dec. 31, 2024 USD ($)	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Debt Instrument [Line Items]
Unamortized debt issuance costs | $			$ (5,663,000)	$ (6,045,000)	$ (7,232,000)
2029 Convertible Notes | Common Class A
Debt Instrument [Line Items]
Conversion rate per $1,000 principal amount		0.0890313
2029 Convertible Notes | Senior Notes
Debt Instrument [Line Items]
Principle amount | $		$ 230,000,000	$ 230,000,000
Stated interest rate		3.75%
Effective interest rate			4.28%
Conversion price, per share (in dollars per share) | $ / shares	$ 11.23
Unamortized debt issuance costs | $			$ (5,495,000)	$ (5,744,000)	$ (6,472,000)
2029 Convertible Notes | Senior Notes | Debt Conversion, Condition One
Debt Instrument [Line Items]
Threshold trading days (whether or not consecutive)	20
Threshold consecutive trading days	30
Threshold percentage of stock price trigger	130%
2029 Convertible Notes | Senior Notes | Debt Conversion, Condition One | Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Threshold trading days (whether or not consecutive)	20
Threshold consecutive trading days	30
Threshold percentage of stock price trigger	130%
Repurchase price, percent of principal amount	100%
2029 Convertible Notes | Senior Notes | Debt Conversion, Condition Two
Debt Instrument [Line Items]
Threshold consecutive trading days	5
Threshold percentage of stock price trigger	98%
Business day threshold	5

Debt - Convertible Senior Not_2

Debt - Convertible Senior Notes Due 2025 (Details) $ / shares in Units, $ in Thousands	May 14, 2018 USD ($) $ / shares	Dec. 31, 2024 USD ($)	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Amount outstanding		$ 333,373	$ 333,373	$ 367,762
Unamortized debt issuance costs		(5,663)	(6,045)	(7,232)
Senior Notes
Debt Instrument [Line Items]
Amount outstanding		333,373
2025 Convertible Notes | Senior Notes
Debt Instrument [Line Items]
Principle amount	$ 172,500
Repurchased principal amount					$ 69,100
Repurchase price					$ 62,900
Amount outstanding		$ 103,373	103,373	103,373
Stated interest rate	2.375%
Effective interest rate		2.88%
Conversion rate per $1,000 principal amount	0.0628931
Conversion price, per share (in dollars per share) | $ / shares	$ 15.90
Unamortized debt issuance costs		$ (168)	$ (301)	$ (678)

Debt - Convertible Senior Not_3

Debt - Convertible Senior Notes Due 2024 (Details) - 2024 Convertible Notes	Jul. 01, 2024 USD ($) shares	Jul. 05, 2017 USD ($) $ / shares	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022 USD ($)
Common Class A
Debt Instrument [Line Items]
Debt conversion, further issued (in shares) | shares	77,328
Senior Notes
Debt Instrument [Line Items]
Principle amount		$ 143,750,000
Repurchased principal amount					$ 109,400,000
Repurchase price					$ 117,500,000
Repayment of debt	$ 34,400,000
Stated interest rate		2.875%	2.875%	2.875%
Conversion rate per $1,000 principal amount		0.100
Conversion price, per share (in dollars per share) | $ / shares		$ 10

Common Stock and Stock Compen_3

Common Stock and Stock Compensation - Additional Information (Details) - USD ($) $ in Thousands		3 Months Ended		32 Months Ended
	May 03, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock repurchased and retired		$ 3,000	$ 3,007
Common Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, amount authorized	$ 50,000
Stock repurchase program, period (in years)	3 years
Common stock repurchased and retired (in shares)		250,463	354,882	3,096,011
Common stock repurchased and retired		$ 3,000	$ 3,000	$ 29,000

Common Stock and Stock Compen_4

Common Stock and Stock Compensation - Restricted Stock Award Activity (Details) - Restricted stock	3 Months Ended
	Dec. 31, 2024 $ / shares shares
Shares
Outstanding, beginning balance (in shares)	2,699,914
Granted (in shares)	1,138,292
Released (in shares)	(1,055,736)
Outstanding, ending balance (in shares)	2,782,470
Weighted Average Grant Date Fair Value
Outstanding, beginning balance (in dollars per share) | $ / shares	$ 7.91
Granted (in dollars per share) | $ / shares	10.13
Released (in dollars per share) | $ / shares	7.39
Outstanding, ending balance (in dollars per share) | $ / shares	$ 9.02
Performance adjustment (in shares)	320,076
Number of shares withheld to satisfy related federal income tax withholding (in shares)	337,421

Segment Information - Operating

Segment Information - Operating Segment Information (Details) $ in Thousands	3 Months Ended
	Dec. 31, 2024 USD ($) segment	Dec. 31, 2023 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment	3
Revenues:
Total revenues	$ 320,170	$ 299,991
Gross profit	185,404	172,573
Segment and corporate expenses (income):
Store expenses	116,451	110,555
General and administrative	18,669	16,543
Depreciation and amortization	8,335	8,565
Loss (gain) on sale or disposal of assets and other	8	(172)
Interest expense	3,147	3,440
Interest income	(2,093)	(2,639)
Equity in net (income) loss of unconsolidated affiliates	(1,475)	(1,153)
Other (income) expense	978	(271)
Income before income taxes	41,384	37,705
Operating Segments
Revenues:
Total revenues	320,170	299,991
Gross profit	185,404	172,573
Segment and corporate expenses (income):
Store expenses	116,451	110,555
General and administrative	0	0
Depreciation and amortization	4,763	4,963
Loss (gain) on sale or disposal of assets and other	8	(170)
Interest expense	0	0
Interest income	(796)	(993)
Equity in net (income) loss of unconsolidated affiliates	(1,623)	(1,153)
Other (income) expense	(82)	(47)
Income before income taxes	66,683	59,418
Operating Segments | U.S. Pawn
Revenues:
Total revenues	232,201	217,438
Gross profit	138,677	127,445
Segment and corporate expenses (income):
Store expenses	83,089	77,255
General and administrative	0	0
Depreciation and amortization	2,717	2,624
Loss (gain) on sale or disposal of assets and other	0	26
Interest expense	0	0
Interest income	0	0
Equity in net (income) loss of unconsolidated affiliates	0	0
Other (income) expense	(11)	0
Income before income taxes	52,882	47,540
Operating Segments | Latin America Pawn
Revenues:
Total revenues	87,969	82,549
Gross profit	46,727	45,124
Segment and corporate expenses (income):
Store expenses	33,362	33,300
General and administrative	0	0
Depreciation and amortization	2,046	2,339
Loss (gain) on sale or disposal of assets and other	8	(196)
Interest expense	0	0
Interest income	(202)	(420)
Equity in net (income) loss of unconsolidated affiliates	0	0
Other (income) expense	(71)	(48)
Income before income taxes	11,584	10,149
Operating Segments | Other Investments
Revenues:
Total revenues	0	4
Gross profit	0	4
Segment and corporate expenses (income):
Store expenses	0	0
General and administrative	0	0
Depreciation and amortization	0	0
Loss (gain) on sale or disposal of assets and other	0	0
Interest expense	0	0
Interest income	(594)	(573)
Equity in net (income) loss of unconsolidated affiliates	(1,623)	(1,153)
Other (income) expense	0	1
Income before income taxes	2,217	1,729
Corporate Items
Revenues:
Total revenues	0	0
Gross profit	0	0
Segment and corporate expenses (income):
Store expenses	0	0
General and administrative	18,669	16,543
Depreciation and amortization	3,572	3,602
Loss (gain) on sale or disposal of assets and other	0	(2)
Interest expense	3,147	3,440
Interest income	(1,297)	(1,646)
Equity in net (income) loss of unconsolidated affiliates	148	0
Other (income) expense	1,060	(224)
Income before income taxes	(25,299)	(21,713)
Merchandise sales
Revenues:
Total revenues	186,343	179,403
Cost of goods sold	121,824	115,210
Merchandise sales | Operating Segments
Revenues:
Total revenues	186,343	179,403
Cost of goods sold	121,824	115,210
Merchandise sales | Operating Segments | U.S. Pawn
Revenues:
Total revenues	128,800	125,513
Cost of goods sold	81,556	78,709
Merchandise sales | Operating Segments | Latin America Pawn
Revenues:
Total revenues	57,543	53,890
Cost of goods sold	40,268	36,501
Merchandise sales | Operating Segments | Other Investments
Revenues:
Total revenues	0	0
Cost of goods sold	0	0
Merchandise sales | Corporate Items
Revenues:
Total revenues	0	0
Cost of goods sold	0	0
Jewelry scrapping sales
Revenues:
Total revenues	16,732	14,082
Cost of goods sold	12,942	12,208
Jewelry scrapping sales | Operating Segments
Revenues:
Total revenues	16,732	14,082
Cost of goods sold	12,942	12,208
Jewelry scrapping sales | Operating Segments | U.S. Pawn
Revenues:
Total revenues	15,498	12,815
Cost of goods sold	11,968	11,284
Jewelry scrapping sales | Operating Segments | Latin America Pawn
Revenues:
Total revenues	1,234	1,267
Cost of goods sold	974	924
Jewelry scrapping sales | Operating Segments | Other Investments
Revenues:
Total revenues	0	0
Cost of goods sold	0	0
Jewelry scrapping sales | Corporate Items
Revenues:
Total revenues	0	0
Cost of goods sold	0	0
Pawn service charges
Revenues:
Total revenues	117,052	106,449
Pawn service charges | Operating Segments
Revenues:
Total revenues	117,052	106,449
Pawn service charges | Operating Segments | U.S. Pawn
Revenues:
Total revenues	87,876	79,073
Pawn service charges | Operating Segments | Latin America Pawn
Revenues:
Total revenues	29,176	27,376
Pawn service charges | Operating Segments | Other Investments
Revenues:
Total revenues	0	0
Pawn service charges | Corporate Items
Revenues:
Total revenues	0	0
Other revenues
Revenues:
Total revenues	43	57
Other revenues | Operating Segments
Revenues:
Total revenues	43	57
Other revenues | Operating Segments | U.S. Pawn
Revenues:
Total revenues	27	37
Other revenues | Operating Segments | Latin America Pawn
Revenues:
Total revenues	16	16
Other revenues | Operating Segments | Other Investments
Revenues:
Total revenues	0	4
Other revenues | Corporate Items
Revenues:
Total revenues	$ 0	$ 0

Segment Information - Reconcili

Segment Information - Reconciliation of Segment Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Segment Reporting Information [Line Items]
Pawn loans	$ 274,824	$ 274,084	$ 243,252
Pawn service charges receivable, net	45,198	44,013	40,002
Inventory, net	199,481	191,923	164,927
Total assets	1,499,133	1,493,237	1,481,193
Operating Segments | U.S. Pawn
Segment Reporting Information [Line Items]
Pawn loans	220,208	214,306	190,766
Pawn service charges receivable, net	40,908	39,194	35,707
Inventory, net	148,460	138,624	127,008
Total assets	1,029,206	1,009,226	1,004,075
Operating Segments | Latin America Pawn
Segment Reporting Information [Line Items]
Pawn loans	54,616	59,778	52,486
Pawn service charges receivable, net	4,290	4,819	4,295
Inventory, net	51,021	53,299	37,919
Total assets	305,337	311,824	323,209
Operating Segments | Other Investments
Segment Reporting Information [Line Items]
Pawn loans	0	0	0
Pawn service charges receivable, net	0	0	0
Inventory, net	0	0	0
Total assets	80,242	79,421	78,419
Corporate Items
Segment Reporting Information [Line Items]
Pawn loans	0	0	0
Pawn service charges receivable, net	0	0	0
Inventory, net	0	0	0
Total assets	$ 84,348	$ 92,766	$ 75,490

Supplemental Consolidated Fin_3

Supplemental Consolidated Financial Information - Schedule of Supplemental Consolidated Balance Sheet Information (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross pawn service charges receivable	$ 57,359	$ 57,544	$ 50,919
Allowance for uncollectible pawn service charges receivable	(12,161)	(13,531)	(10,917)
Pawn service charges receivable, net	45,198	44,013	40,002
Gross inventory	202,529	194,657	167,660
Inventory reserves	(3,048)	(2,734)	(2,733)
Inventory, net	199,481	191,923	164,927
Prepaid expenses and other	4,218	3,350	6,868
Income taxes prepaid and receivable	1,475	3,007	3,101
Prepaid expenses and other current assets	36,562	39,171	44,001
Property and equipment, gross	280,953	280,714	352,291
Accumulated depreciation	(217,722)	(214,741)	(283,293)
Property and equipment, net	63,231	65,973	68,998
Accounts payable	14,822	20,850	18,200
Accrued payroll	9,694	13,541	7,682
Incentive accrual	6,139	19,883	6,859
Other payroll related expenses	5,525	3,999	7,849
Accrued sales and VAT taxes	4,782	3,954	6,089
Accrued income taxes payable	13,600	5,934	9,068
Other current liabilities	14,120	17,576	13,639
Accounts payable, accrued expenses and other current liabilities	68,682	85,737	69,386
Accounts receivable and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivable	13,945	16,482	15,699
Notes receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivable	$ 16,924	$ 16,332	$ 18,333

Supplemental Consolidated Fin_4

Supplemental Consolidated Financial Information - Supplemental of Consolidated Statements of Cash Flows Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Supplemental disclosure of cash flow information
Cash and cash equivalents at beginning of period	$ 170,513	$ 220,595
Restricted cash at beginning of period	9,294	8,373
Cash and cash equivalents and restricted cash at beginning of period	179,807	228,968
Cash and cash equivalents at end of period	174,506	218,516
Restricted cash at end of period	9,386	8,470
Cash and cash equivalents and restricted cash at end of period	183,892	226,986
Non-cash investing and financing activities:
Pawn loans forfeited and transferred to inventory	109,219	96,472
Accrued acquisition consideration	$ 0	$ 37