Company: FCFS
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000840489-25-000098
Chunk: 73

Company: FirstCash Holdings, Inc.
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 73
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 share calculated in accordance with GAAP to adjusted net income and adjusted diluted earnings per share, which are shown net of tax (in thousands, except per share amounts):

Three Months Ended June 30,Six Months Ended June 30, 20252024202520242025202420252024In ThousandsIn ThousandsPer SharePer ShareIn ThousandsIn ThousandsPer SharePer ShareNet income and diluted earnings per share, as reported$59,805 $49,073 $1.34 $1.08 $143,396 $110,441 $3.21 $2.44 Adjustments, net of tax:Merger and acquisition expenses2,134 1,047 0.05 0.03 2,488 1,504 0.06 0.03 Amortization of acquired AFF intangible assets9,258 9,572 0.21 0.21 18,516 19,145 0.41 0.42 CFPB litigation settlement9,390 — 0.21 — 9,390 — 0.21 — Other (income) expenses, net(967)2,206 (0.02)0.05 (1,391)997 (0.03)0.02 Adjusted net income and diluted earnings per share$79,620 $61,898 $1.79 $1.37 $172,399 $132,087 $3.86 $2.91 

51

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 EndedSix Months EndedMonths EndedJune 30,June 30,