{"filing":{"accession_number":"0000108385-26-000011","cik":"0000108385","ticker":"WRLD","company_name":"WORLD ACCEPTANCE CORP","form":"8-K","filing_date":"2026-05-26","report_date":null,"primary_document":"wrld-20260522.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/108385/000010838526000011/wrld-20260522.htm"},"events":[{"id":8915,"run_id":7826,"accession_number":"0000108385-26-000011","anchor_item_number":"1.01","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"World Acceptance Corporation obtained a lender consent to temporarily modify its Fixed Charge Coverage Ratio covenant downward from 2.25x to 2.20x, 2.10x, and 2.15x for three consecutive quarters. This modification signals the Company was unable to maintain the original covenant level and required lender forbearance—a classic indicator of financial stress and covenant pressure. The temporary nature and subsequent reversion to 2.25x further suggest the Company anticipated near-term difficulty meeting its original obligation.","company_name":"WORLD ACCEPTANCE CORP","ticker":"WRLD","filing_date":"2026-05-26","form":"8-K","submitted_at":null,"items":[{"id":1367,"accession_number":"0000108385-26-000011","item_number":"1.01","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"World Acceptance Corporation obtained a lender consent to temporarily modify its Fixed Charge Coverage Ratio covenant downward from 2.25x to 2.20x, 2.10x, and 2.15x for three consecutive quarters. This modification signals the Company was unable to maintain the original covenant level and required lender forbearance—a classic indicator of financial stress and covenant pressure. The temporary nature and subsequent reversion to 2.25x further suggest the Company anticipated near-term difficulty meeting its original obligation.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-27T02:04:56.707690+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":1367,"accession_number":"0000108385-26-000011","item_number":"1.01","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"World Acceptance Corporation obtained a lender consent to temporarily modify its Fixed Charge Coverage Ratio covenant downward from 2.25x to 2.20x, 2.10x, and 2.15x for three consecutive quarters. This modification signals the Company was unable to maintain the original covenant level and required lender forbearance—a classic indicator of financial stress and covenant pressure. The temporary nature and subsequent reversion to 2.25x further suggest the Company anticipated near-term difficulty meeting its original obligation.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-27T02:04:56.707690+00:00","company_name":"WORLD ACCEPTANCE CORP","ticker":"WRLD","filing_date":"2026-05-26"}]}