Company: ATLCL
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025502
Chunk: 184

Company: Atlanticus Holdings Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 184
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$8.0  $34.5  $19.7 

       24

   Our general purpose credit card and private label credit receivables base is spread across individual consumers in the U.S. As of  June 30, 2025, only one state (Texas) had receivables concentration in excess of 10% of our total pool of receivables.
    Litigation
    
   We are involved in various legal proceedings that are incidental to the conduct of our business. There are currently no pending legal proceedings that are expected to be material to us.

   11.Net Income Attributable to Controlling Interests Per Common Share

   We compute net income attributable to controlling interests per common share by dividing net income attributable to controlling interests by the weighted average number of shares of common stock (including participating securities) outstanding during the period, as discussed below. Diluted computations applicable in financial reporting periods in which we report income use the treasury stock method to reflect the potential dilution to the basic income per share of common stock computations that could occur if securities or other contracts to issue common stock were exercised, were converted into common stock or were to result in the issuance of common stock that would share in our results of operations. In performing our net income attributable to controlling interests per share of common stock computations, we apply accounting rules that require us to include all unvested stock awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, in the number of shares outstanding in our basic and diluted calculations. Common stock and certain unvested share-based payment awards earn dividends equally, and we have included all outstanding restricted stock awards in our basic and diluted calculations for current and prior periods.
    
   The following table sets forth the computations of net income attributable to controlling interests per share of common stock (in thousands, except per share data):

       For the Three Months Ended    For the Six Months Ended  
   June 30,    June 30,  
   2025    2024    2025    2024  
 Numerator:                 
 Net income attributable to controlling interests  $30,573  $24,280  $62,093  $50,450 
 Preferred stock and preferred unit dividends and discount accretion   (2,222)  (6,308)  (5,796)  (12,