UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 21, 2011
EZCORP, Inc.
(Exact name of registrant as specified in its charter)
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| Delaware
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0-19424
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74-2540145 |
| (State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.) |
1901 Capital Parkway, Austin, Texas 78746
(Address of principal executive offices) (zip code)
Registrant’s telephone number, including area code: (512) 314-3400
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
TABLE OF CONTENTS
Item 2.02 — Results of Operations and Financial Condition
On July 21, 2011, EZCORP, Inc. issued a press release announcing its results of operations and
financial condition for the third fiscal quarter and nine month period ended June 30, 2011. A copy
of that press release is attached as Exhibit 99.1.
As used herein, “GAAP” refers to accounting principles generally accepted in the United States.
The press release furnished in Exhibit 99.1 presents the financial results in accordance with
GAAP. In addition, net income, consolidated operating income and earnings per share for the third
fiscal quarter and nine month period ended June 30, 2011 are also presented on a non-GAAP basis, as
well as expected earnings per share for the fiscal 2011. Information sufficient to reconcile the
non-GAAP measure to the GAAP measure is also presented. This non-GAAP financial measure is not
meant to be considered in isolation or as a substitute for the corresponding GAAP measure.
As noted in the press release, the only difference between the presented non-GAAP measures and the
GAAP measures is the exclusion of the affect of a one-time charge related to the retirement of the
Company’s former Chief Executive Officer and related tax benefit. The Company believes that
excluding this one-time charge from the Company’s current period GAAP results as well as expected
GAAP results allows management and investors to better understand the Company’s financial
performance from period to period and in relation to the Company’s operating results. Management
does not believe that the excluded one-time charge is reflective of underlying operating
performance. The presentation of these non-GAAP financial measures facilitates an enhanced
understanding of the Company’s actual and expected performance and enables more meaningful
period-to-period comparisons.
The information set forth under this Item 2.02, including Exhibit 99.1, shall not be deemed “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that section, and shall not be deemed to be incorporated by reference in any filing
made by EZCORP under the Securities Act of 1933 or the Securities Exchange Act of 1934.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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99.1
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Press Release, dated July 21, 2011, announcing EZCORP, Inc.’s results
of operations and financial condition for the third fiscal quarter
and nine month period ended June 30, 2011. |