Nicholas Financial Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported revenue of $17.889 million compared to $17.140 million a year ago. Operating income before income taxes was $7.425 million compared to $8.693 million a year ago. Net income was $4.566 million or $0.37 per diluted share compared to $5.363 million or $0.45 per diluted share a year ago. Results were affected by an increase in the net charge-off rate and an after-tax charge of $747,000 or $0.06 per share, which is related to a 5% withholding tax associated with the one-time special cash dividend of $2.00 per share paid in December 2012.

For the nine months, the company reported revenue of $52.940 million compared to $50.985 million a year ago. Operating income before income taxes was $24.567 million compared to $26.341 million a year ago. Net income was $15.101 million or $1.24 per diluted share compared to $16.186 million or $1.35 per diluted share a year ago.