{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-21-001253","form_type":"8-K","ticker":"WRLD","cik":"0000108385","company_name":"WORLD ACCEPTANCE CORP","filed_at":"2021-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.418767+00:00","generated_at":"2026-06-28T17:51:35.067745+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"World Acceptance reports Q2 FY2022: loans +25.7% to $1.39B, revenue +10.8% but net income down to $12.4M","bullets":["Gross loans outstanding rose 25.7% YoY to $1.39B; new customer applications up 88% YoY and 19% above pre-pandemic Q2 2020.","Net income $12.4M ($1.94 diluted EPS) vs $13.4M ($1.96) a year ago; provision for credit losses increased 61.1% to $42.0M due to loan growth under CECL.","Net charge-off rate improved to 10.5% annualized from 14.5% a year ago; delinquency (61+ days) rose to 5.0% from 4.5%.","G&A expenses as % of revenue improved to 54.4% from 60.5%; share repurchases of $10M in Q2 and $100.1M remaining authorization.","Debt/equity ratio 1.4:1; return on equity (TTM) 22.4%; return on assets 8.6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-21-001253","json":"https://secwatch.observer/filing/0001157523-21-001253.json","markdown":"https://secwatch.observer/filing/0001157523-21-001253.md","text":"https://secwatch.observer/filing/0001157523-21-001253.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108385/000115752321001253/0001157523-21-001253-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108385/000115752321001253/a52514855.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T17:51:35.067745+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}