Company: FCFS
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000840489-25-000120
Chunk: 174

Company: FirstCash Holdings, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 174
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,807 $64,827 $1.86 $1.44 $226,203 $175,268 $5.07 $3.88 Adjustments, net of tax:Merger and acquisition expenses8,513 171 0.19 0.01 11,001 1,675 0.25 0.04 Amortization of acquired intangible assets10,613 9,572 0.24 0.21 29,129 28,717 0.65 0.63 CFPB litigation settlement— — — — 9,390 — 0.21 — Other (income) expenses, net(1,300)609 (0.03)0.01 (2,691)1,606 (0.06)0.03 Adjusted net income and diluted earnings per share$100,633 $75,179 $2.26 $1.67 $273,032 $207,266 $6.12 $4.58 

44

Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) and Adjusted EBITDA

The Company defines EBITDA as net income before income taxes, depreciation and amortization, interest expense and interest income and adjusted EBITDA as EBITDA adjusted for certain items, as listed below, that management considers to be non-operating in nature and not representative of its actual operating performance. The Company believes EBITDA and adjusted EBITDA are commonly used by investors to assess a company’s financial performance, and adjusted EBITDA is used as a starting point in the calculation of the consolidated total debt ratio as defined in the Company’s senior unsecured notes. The following table provides a reconciliation of net income to EBITDA and adjusted EBITDA (in thousands):  

Trailing Twelve Three Months EndedNine Months EndedMonths EndedSeptember 30,September 30,September 30,202520242025202420252024Net income$82,807 $64,827 $226,203 $175,268 $309,750 $244,857 Income taxes29,672 20,353 78,572 57,975 104,558 79,874 Depreciation and amortization (1)29,034 25,933 80,400 78