Company: FCFS
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000840489-25-000120
Chunk: 22

Company: FirstCash Holdings, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 22
---
2025-01, “Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date” (“ASU 2025-01”), which clarifies the effective date of ASU 2024-03. ASU 2024-03 is effective for fiscal years beginning after December 15, 2026 and interim periods beginning after December 15, 2027, with early adoption permitted. ASU 2024-03 may be applied either prospectively or retrospectively for all prior periods presented. The Company is currently evaluating the impact of adopting this guidance on the Company's current financial position, results of operations or financial statement disclosures.

Note 2 - Earnings Per Share 

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):Three Months EndedNine Months EndedSeptember 30,September 30, 2025202420252024Numerator:    Net income$82,807 $64,827 $226,203 $175,268 Denominator:    Weighted-average common shares for calculating basic earnings per share44,211 44,752 44,406 45,039 Effect of dilutive securities:    Restricted stock unit awards261 218 197 175 Weighted-average common shares for calculating diluted earnings per share44,472 44,970 44,603 45,214 Earnings per share:    Basic$1.87 $1.45 $5.09 $3.89 Diluted$1.86 $1.44 $5.07 $3.88 

Note 3 - Acquisitions 

Consistent with the Company’s strategy to continue its expansion of pawn stores in strategic markets, during the nine months ended September 30, 2025, the Company completed acquisitions as described below:

H&T Acquisition

On August 14, 2025, the Company completed the acquisition of H&T, the leading pawn operator in the United Kingdom with 286 store locations. Under the terms of the H&T Acquisition, H&T shareholders received 650 pence per share in cash. The total equity value for the H&T Acquisition, including cash consideration for the shares, was £289.1 million ($392.4 million USD using the August 13, 2025 closing GBP/USD exchange rate of 1.36).