Item 5. Market for Registrant’s Common Equity
ITEM 5 — MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
Our Class A Non-Voting Common Stock (“Class A Common Stock”) is traded on the NASDAQ Stock Market under the symbol “EZPW.” As of November 30, 2020, there were approximately 270 stockholders of record of our Class A Common Stock. There is no trading market for our Class B Voting Common Stock (“Class B Common Stock”), which was held by one stockholder as of November 30, 2020 . As of September 30, 2020, the closing sales price of our Class A Common Stock, as reported by the NASDAQ Stock Market, was $5.03 per share.
Stock Performance Graph
The following Stock Performance Graph and related information shall not be deemed to be “filed” with the Securities and Exchange Commission, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.
The following table compares cumulative total stockholder returns for our Class A Common Stock for the last five fiscal years, with the cumulative total return on the NASDAQ Composite Index (ticker symbol: IXIC) and the NASDAQ Other Financial Index (ticker symbol: IXFN) over the same period. The graph shows the value, at the end of each of the last five fiscal years, of $100 invested in our Class A Common Stock or the indices on September 30, 2015. The graph depicts the change in the value of our Class A Common Stock relative to the indices at the end of each fiscal year and not for any interim period. Historical stock price performance is not necessarily indicative of future stock price performance.
Company Index 2016 2017 2018 2019 2020
EZCORP, INC. $100.00 $85.90 $96.75 $58.41 $45.48
NASDAQ Composite Index $100.00 $122.29 $151.47 $150.59 $210.23
NASDAQ Other Finance Index $100.00 $125.64 $136.74 $152.19 $159.32
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ITEM 6 — SELECTED FINANCIAL DATA
The following selected financial information summarizes our consolidated financial data, which has been derived from the consolidated financial statements for each of the five years in the period ended September 30, 2020. The selected consolidated financial data should be read in conjunction with our annual consolidated financial statements and accompanying notes and Management’s Discussion and Analysis of Financial Condition and Results of Operations included in “Part 1, Item 7” below.
Operating Data
Fiscal Year Ended September 30,
2020 2019 2018 (a) 2017 2016
(in thousands, except per share and store figures)
Total revenues $ 822,811 $ 847,229 $ 812,156 $ 747,951 $ 730,319
Net revenues 449,235 494,448 481,551 435,507 428,044
Impairment of goodwill, intangible and other assets 54,666 — — — —
Other Charges 20,388 — — — —
Impairment of investments — 19,725 11,712 — 10,957
(Loss) income from continuing operations, net of tax (68,463) 1,768 37,150 31,585 (9,322)
Basic (loss) earnings per share attributable to EZCORP, Inc. — continuing operations $ (1.24) $ 0.05 $ 0.70 $ 0.61 $ (0.15)
Diluted (loss) earnings per share attributable to EZCORP, Inc. — continuing operations $ (1.24) $ 0.05 $ 0.66 $ 0.61 $ (0.15)
Weighted average shares outstanding:
Basic 55,313 55,341 54,456 54,260 54,427
Diluted 55,313 55,984 57,896 54,368 54,427
Stores attributable to continuing operations at end of period 1,005 1,014 988 786 786
(a) In fiscal 2018, we acquired 112 GuatePrenda-MaxiEfectivo (“GPMX”) pawn stores as further described in Note 3 of Notes to Consolidated Financial Statements included in “Part II, Item 8 — Financial Statements and Supplementary Data.”
As of September 30,
2020 2019 (c) 2018 2017 2016
(in thousands)
Pawn loans $ 131,323 $ 199,058 $ 198,463 $ 169,242 $ 167,329
Inventory, net 95,891 179,355 166,997 154,411 140,224
Working capital (a) (b) 460,783 514,674 489,422 503,918 382,908
Total assets (a) 1,197,023 1,083,702 1,241,780 1,021,144 980,182
Long-term debt, less current maturities (a) 251,016 238,380 226,702 284,807 283,611
EZCORP, Inc. stockholders’ equity $ 649,127 $ 744,949 $ 742,739 $ 658,803 $ 591,921
(a) Amounts exclude assets and liabilities held for sale in conjunction with the disposal of Prestaciones Finmart, S.A.P.I. de C.V., SOFOM, E.N.R. ("Grupo Finmart") in September 2016.
(b) In fiscal 2019, we repaid $195.0 million in aggregate principal amount of our 2.125% Cash Convertible Senior Notes Due 2019 using cash on hand.
(c) Working capital and total asset amounts are inclusive of $0.9 million in gross installment loan balances which were securitized under the CASHMAX securitization facility as further described in Note 9 of Notes to Consolidated Financial Statements included in “Part II, Item 8 — Financial Statements and Supplementary Data.”
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