Company: FCFS
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000840489-25-000098
Chunk: 19

Company: FirstCash Holdings, Inc.
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 as disclosures about selling expenses. In January 2025, the FASB issued ASU 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 

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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 EndedSix Months EndedJune 30,June 30, 2025202420252024Numerator:    Net income$59,805 $49,073 $143,396 $110,441 Denominator:    Weighted-average common shares for calculating basic earnings per share44,365 45,122 44,506 45,183 Effect of dilutive securities:    Restricted stock unit awards187 167 164 155 Weighted-average common shares for calculating diluted earnings per share44,552 45,289 44,670 45,338 Earnings per share:    Basic$1.35 $1.09 $3.22 $2.44 Diluted$1.34 $1.08 $3.21 $2.44 

Note 3 - Acquisitions 

Pending H&T Acquisition

On May 14, 2025, the Company agreed on final terms of the acquisition of H&T, the leading pawn operator in the United Kingdom with 285 store locations. The Company will acquire the entire issued and to be issued share capital of H&T by means of a court-sanctioned scheme of arrangement under Part 26 of the United Kingdom Companies Act 2006, as amended (“H&T Acquisition”). Under the terms of the H&T Acquisition, H&T shareholders will be entitled to receive 650 pence per share in cash. The total equity value for the H&T Acquisition,