Company: IMXI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051013
Chunk: 68

Company: International Money Express, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 68
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d)— (570)Other charges and expenses (e)1,583 931 Amortization of intangibles (f)3,214 2,894 Income tax benefit related to adjustments (g)(6,828)(3,773)Adjusted Net Income$37,764 $52,599 Adjusted Earnings per ShareBasic$1.26 $1.60 Diluted$1.25 $1.58 Weighted-average common shares outstandingBasic30,012,584 32,911,742 Diluted30,183,399 33,335,363 

(a)Represents share-based compensation relating to equity awards granted primarily to employees and independent directors of the Company.

(b)Represents primarily severance, write-off of assets and, legal and professional fees related to the execution of restructuring plans.

(c)Represents primarily financial advisory, professional and legal fees related to evaluation of strategic alternatives, including the pending Merger with Western Union and business acquisition transactions.

(d)Represents a gain contingency related to a legal settlement.

(e)Represents primarily loss on disposal of fixed assets.

(f)Represents the amortization of certain intangible assets that resulted from business and asset acquisition transactions.

(g)Represents the current and deferred tax impact of the taxable adjustments to Net Income using the Company’s blended federal and state tax rate for each period. Relevant tax-deductible adjustments include all adjustments to Net Income.

Adjusted Earnings per Share - Basic and Diluted (previously defined and used as described above) are as follows:

Adjusted Earnings per Share - Basic for the nine months ended September 30, 2025 was $1.26, representing a decrease of $0.34, or 21.3%, compared to $1.60 for the nine months ended September 30, 2024. The decrease in Adjusted Earnings per Share - Basic was 

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primarily due to the decrease in Net Income, partially offset by the effect of a lower weighted average common shares total for the period due to stock repurchases as well as the higher net effect of the adjusting items detailed in the table above.

Adjusted Earnings per Share - Diluted for the nine months ended September 30, 2025 was $1.25, representing a decrease of $0.33, or 20.9%, compared to $1.58 for the nine months ended September 30, 2024. The decrease in Adjusted