Document

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________________

Form 11-K
___________________________________

[X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2016

OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______________ to _____________

Commission file number: 000-19599

World Acceptance Corporation
Retirement Savings Plan
(Full title of the plan)

World Acceptance Corporation

108 Frederick Street
Greenville, South Carolina 29607
(Name of issuer of the securities held pursuant to the plan and the address of
its principal executive office)

(a)
The following financial statements and reports, which have been prepared pursuant to the requirements of the Employee Retirement Income Security Act of 1974, are filed as part of this Annual Report on Form 11-K:
Report of Independent Registered Public Accounting Firm

Financial Statements:
Statements of Net Assets Available for Benefits, December 31, 2016 and 2015
Statement of Changes in Net Assets Available for Benefits, Year Ended December 31, 2016
Notes to Financial Statements

Supplemental Schedule:
Schedule of Assets (Held at End of Year), December 31, 2016

(b) The following Exhibit is filed as part of this Annual Report on Form 11-K:

Exhibit 23 - Consent of Independent Registered Public Accounting Firm





WORLD ACCEPTANCE CORPORATION
RETIREMENT SAVINGS PLAN
Financial Statements and Schedule
December 31, 2016 and 2015
(With Report of Independent Registered Public Accounting Firm Thereon)
 

2


WORLD ACCEPTANCE CORPORATION
RETIREMENT SAVINGS PLAN
 
 
Table of Contents
 
Page
 
 
Financial Statements:
 
Supplemental Schedule:
 
 
 






REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Retirement Plan Committee
World Acceptance Corporation Retirement Savings Plan


We have audited the accompanying statements of net assets available for benefits of World Acceptance Corporation Retirement Savings Plan (the Plan) as of December 31, 2016 and 2015, and the related statement of changes in net assets available for benefits for the year ended December 31, 2016. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2016 and 2015, and the changes in net assets available for benefits for the year ended December 31, 2016, in conformity with accounting principles generally accepted in the United States of America.

The supplemental information in the accompanying schedule, Schedule of Assets (Held at End of Year) as of December 31, 2016 has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements but includes supplemental information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended. The supplemental information is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information in the accompanying schedule, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated in all material respects in relation to the financial statements as a whole.

/s/ RSM US LLP

Greensboro, North Carolina
June 29, 2017


2



WORLD ACCEPTANCE CORPORATION
RETIREMENT SAVINGS PLAN
Statements of Net Assets Available for Benefits
December 31, 2016 and 2015
 
 
 
2016
 
2015
Assets:
 
 
 
Investments, at fair value
 
 
 
Money market funds
$
67,576

 
$
56,418

Pooled separate accounts
35,952,545

 
33,647,602

Common stock
1,659,002

 
1,053,899

Stable asset fund
12,575,086

 
12,758,718

Total investments
50,254,209

 
47,516,637

 
 
 
 
Receivables
 
 
 
Notes receivable from participants
3,525,914

 
3,077,317

Participants' contributions
1,260

 
214

Employer's contributions
1,583

 
3,069

Total receivables
3,528,757

 
3,080,600

Total assets
53,782,966

 
50,597,237

Liabilities:
 
 
 
Refund payable for excess contributions
119,211

 
45,619

Total liabilities
119,211

 
45,619

Net assets available for benefits
$
53,663,755

 
$
50,551,618

 
 
 
 

See accompanying notes to financial statements.

3



WORLD ACCEPTANCE CORPORATION
RETIREMENT SAVINGS PLAN
Statement of Changes in Net Assets Available for Benefits
Year Ended December 31, 2016
 
2016
Additions:
 
Investment income:
 
Net appreciation in fair value of investments
$
3,851,522

Interest
240,485

Total investment income
4,092,007

 
 
Interest income on notes receivable from participants
106,539

 
 
Contributions:
 
Employer, net of forfeitures
1,362,644

Participant
3,173,051

Rollovers
51,845

Total contributions
4,587,540

Total additions, net
8,786,086

 
 
Deductions from net assets attributed to:
 
Benefits paid to participants
5,613,284

Administrative expenses
60,665

Total deductions
5,673,949

 
 
Net increase in net assets available for benefits
3,112,137

Net assets available for benefits at beginning of year
50,551,618

Net assets available for benefits at end of year
$
53,663,755


See accompanying notes to financial statements.

4



(1) Description of Plan
The following description of the World Acceptance Corporation Retirement Savings Plan ("the Plan") provides only general information. Participants should refer to the plan agreement for a complete description of the Plan's provisions.
(a)General
The Plan, which was formed in February 1993, is a defined-contribution plan and is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). On January 1 and July 1 of each year, employees of World Acceptance Corporation ("the Plan Sponsor" or "Employer") who meet eligibility requirements may elect to become participants in the Plan. Eligibility requirements include a) being at least 21 years of age and b) having completed at least one year of service. Reliance Trust Company ("Reliance") is the Plan’s trustee. However, Reliance is only the custodian of the World Acceptance Corporation Common Stock ("World Common Stock") and money market fund. The Standard Insurance Company ("Standard") is the custodian of all other Plan assets. The Retirement Plan Committee determines the appropriateness of the Plan's investment offerings, monitors investment performance, and reports to the Employer's board of directors.
(b)Plan Amendment
Effective January 1, 2016, the Plan was amended and restated to the newest Volume Submitter 401(k) Profit Sharing Plan sponsored by Standard Retirement Services, Inc. to comply with regulatory requirements of the Pension Protection Act.
(c)Administrative Costs
Certain expenses of maintaining the Plan are paid directly by the Employer and are excluded from these financial statements. Administrative expenses include fees related to the administration of notes receivable charged directly to the participant's account and certain record-keeping fees paid by the Plan. Investment-related expenses are included in net appreciation of fair value of investments.
(d)Contributions
The Plan provides for participant contributions on a pretax compensation reduction basis. Participants who have attained age 50 before the end of the plan year are eligible to make catch-up contributions. Participants may also contribute amounts representing distributions from other qualified defined benefit or contribution plans ("rollovers"). The Plan also allows participants to make contributions on an after-tax basis ("Roth-type"). Participants may elect to contribute to the Plan by deferring up to 100% of annual compensation up to specified maximum amounts. The Employer matches a specified percentage of employee contributions, as determined by the Plan Sponsor. For 2016 the Employer matched 50% of each employee's contributions up to the first 6% of the employee's eligible compensation, providing a maximum Employer contribution of 3% of compensation. The Employer may also contribute a discretionary non-elective Employer contribution as determined annually by the Plan Sponsor.
(e)Participant Accounts
Each participant’s account is credited with the participant’s contribution and the Employer’s matching contribution. Discretionary Employer contributions are allocated to individual participant accounts based on the proportion of each participant’s annual compensation, as defined by the Plan, compared to the total annual compensation of all participants. Investment income and administrative expenses are allocated to the individual participant accounts based on the proportion of each participant’s account balance compared to the total balance within each fund. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account.

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(f)Vesting
Participants are immediately vested in their voluntary contributions plus earnings thereon. Vesting of Employer contributions is based on years of continuous service. A participant is 100% vested after six years of credited service, according to the following schedule:
Years of service
 
Percent of non-forfeitable interest
Less than 2
 
0%
2
 
20%
3
 
40%
4
 
60%
5
 
80%
6 or more
 
100%
Notwithstanding the aforementioned, upon reaching normal retirement age or upon death or disability, participants become 100% vested.
(g)Investment Options
A participant may direct employee contributions in 1% increments in a variety of investment options. Participants may make changes in their investment elections at any time. Participants may change their deferral percentage as of each payroll period.
(h)Notes Receivable from Participants
The Plan allows participants to borrow a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. Loan terms range from 1 to 5 years or up to 10 years for the purchase of a primary residence. The loans are secured by the vested balance in the participant’s account and bear interest that is commensurate with local prevailing rates as determined quarterly by the Plan administrator. For participant loans outstanding as of December 31, 2016, interest rates ranged from 3.25% to 5.00% and mature through 2026. Principal and interest are paid through payroll deduction.
(i)Payment of Benefits
Participants are entitled to receive a distribution of their vested accounts upon the occurrence of retirement, death, total and permanent disability, financial hardship (as defined by the Plan), at age 59.5 while still employed, or termination of employment for any other reason. The method of payment is lump-sum distribution, substantially equal installments or partial withdrawals, provided the minimum withdrawal is $1,000.
(j)Forfeitures
Forfeitures are used to reduce Employer contributions to the Plan. During 2016, forfeitures reduced Employer contributions by $51,921. The balance of unapplied forfeitures was $0 and $3,686 at December 31, 2016 and 2015, respectively.
(2)Summary of Significant Accounting Policies
(a)Basis of Presentation
The financial statements have been prepared on an accrual basis of accounting in accordance with U.S. generally accepted accounting principles.

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(b)Investments
Plan investments are reported at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Retirement Plan Committee determines the Plan's valuation policies utilizing information provided by the custodian and trustee. See Note 7 for discussion of fair value measurement. Purchases and sales are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Net appreciation or depreciation includes the gains and losses on investments bought and sold as well as held during the year.
(c)Participant Loans Receivable
Participant loans are carried at their unpaid principal balance plus accrued but unpaid interest. Interest income is recorded on the accrual basis.
(d)Contributions
Contributions from Plan participants and the matching contributions from the Plan Sponsor are recorded in the year in which the participant contributions are withheld from amounts paid. All participant and Employer contributions are participant-directed.
(e)Refund Payable for Excess Contributions
Amounts payable to participants in excess of amounts allowed by the Internal Revenue Service are recorded as a liability with a corresponding reduction to contributions. Refunds payable to participants at December 31, 2016 and 2015 were $119,211 and $45,619, respectively. These refunds were due to excess contributions, which were refunded to participants in 2017 for the year ended December 31, 2016 and in 2016 for the year ended December 31, 2015.
(f) Payment of Benefits
Benefits are recorded when paid.
(g)Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amount of assets, liabilities, and changes therein and the disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
(h)Investment Risk
The Plan provides for various pooled separate account investment options in stocks, bonds and fixed income securities, as well as direct common stock investments and a deposit administration contract. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the statements of net assets available for benefits.    
(3)Plan Termination
Although it has not expressed any intent to do so, the Employer has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of plan termination, participants will become 100% vested in their accounts.
(4)Tax Status
The Plan has adopted a prototype plan and obtained an opinion letter dated March 31, 2014, which states the form of the plan, identified as a prototype non-standardized profit sharing plan with a cash or deferred arrangement ("CODA"), is acceptable under Section 401 of the Internal Revenue Code (the "Code") for use by employers for the benefit of their employees. The Plan has been amended since adopting the prototype plan; however, the Plan administrator believes the Plan is currently designed and operated in compliance with the applicable requirements of the Code and continues to qualify and to operate as designed.

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United States generally accepted accounting principles require plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan administrator has analyzed the tax positions taken by the Plan and has concluded that as of December 31, 2016 there are no uncertain positions taken, or expected to be taken, that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
(5)Deposit Administration Contract
The Stable Asset Fund II represents a deposit administration contract ("Contract") entered into by the Plan with the Plan’s Recordkeeper, Standard Retirement Services, Inc. Standard maintains the contributions in an unallocated fund, whose assets are invested with other assets in the general account of Standard. The account is credited with earnings on the underlying investments and charged for Plan withdrawals and administrative expenses by Standard. Generally, participants may direct the withdrawal or transfer of all or a portion of their investment at contract value, which is equivalent to fair value. Contract value represents contributions made under the Contract, plus earnings, less withdrawals and administrative expenses. There are no reserves against contract value for the credit risk of the Contract issuer or otherwise. The Employer has determined that the Stable Asset Fund II did not meet the criteria of a fully benefit-responsive investment as of December 31, 2016 and 2015 as defined by Accounting Standard Update 2015-12, Part I.
The contract crediting rate is established at the end of each quarter and is guaranteed for five years. The effective annual crediting rate and yield for the Contract was approximately 1.84% for the year ended December 31, 2016 and 1.77% for the year ended December 31, 2015.
Participant directed transfers can only be made on the first day of each calendar quarter and are limited to 5% of the participant's balance. Standard may defer any withdrawal request for 30 days after receipt of written notice of the withdrawal request and may defer honoring any withdrawal request for any reasonable period if, due to the closing or other disruption of financial markets or exchanges, Standard is unable to prudently liquidate assets necessary to satisfy the request. A delay caused by market disruption is improbable. Standard may terminate the contract with 30 days' advance written notice to the contract owner.
        
(6)Related Party and Party-in-Interest Transactions
Certain Plan assets consist of units of pooled separate accounts and deposit administration contracts managed by Standard. Standard, as the Plan Recordkeeper and Custodian, qualifies as a party-in-interest to transactions involving the aforementioned assets. Investment and administrative fees remitted to Standard by the Plan totaled $142,509 in 2016. Interest income of $240,485 was credited to the Plan in 2016.
Plan assets also include shares of World Common Stock. World Acceptance Corporation, as the Plan Sponsor, qualifies as a party-in-interest to transactions involving the aforementioned assets. The investment in World Common Stock was $1,659,002 and $1,053,899 at December 31, 2016 and 2015, respectively. Investment in World Common Stock is participant directed.
(7)Fair Value
FASB ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:
Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities.
Level 2 – Inputs other than quoted prices that are observable for assets and liabilities, either directly or indirectly. These inputs include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in market that are less active.
Level 3 – Unobservable inputs for assets or liabilities reflecting the reporting entity’s own assumptions.


8



The following tables set forth the fair value of the Plan’s investments by category within the fair value hierarchy, if applicable, as of December 31, 2016 and 2015.
 
December 31, 2016
 
Total
 
Level 1
 
Level 2
 
Level 3
Investments included in fair value hierarchy
 
 
 
 
 
 
 
Money market funds
$
67,576

 
$
67,576

 
$

 
$

Common stock
1,659,002

 
1,659,002

 

 

Total investments included in fair value hierarchy
$
1,726,578

 
$
1,726,578


$


$

 
 
 
 
 
 
 
 
Investments excluded from fair value hierarchy(1)
 
 
 
 
 
 
 
Pooled separate accounts
35,952,545

 


 

 

Stable Asset Fund II
12,575,086

 
 
 
 
 
 
Total investments excluded from fair value hierarchy
48,527,631

 
 
 
 
 
 
Total investments at fair value
$
50,254,209

 


 


 


 
December 31, 2015
 
Total
 
Level 1
 
Level 2
 
Level 3
Investments included in fair value hierarchy
 
 
 
 
 
 
 
Money market funds
$
56,418

 
$
56,418

 
$

 
$

Common stock
1,053,899

 
1,053,899

 

 

Total investments included in fair value hierarchy
$
1,110,317


$
1,110,317


$


$

 
 
 
 
 


 
 
Investments excluded from fair value hierarchy(1)
 
 
 
 

 
 
Pooled separate accounts
33,647,602

 
 
 

 
 
Stable Asset Fund II
12,758,718

 
 
 

 
 
Total investments excluded from fair value hierarchy
46,406,320

 


 


 


Total investments at fair value
$
47,516,637

 
 
 
 
 
 
(1) In accordance with Subtopic 820-10, certain investments that were measured at net asset value per share (or its equivalent) have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the statements of net assets available for benefits.

The following tables set forth additional disclosures of the Plan's investments for which the fair value is measured using the net asset value per share practical expedient as of December 31, 2016 and 2015. The redemption notice period for the Stable Asset Fund II is applicable only in the event the Plan terminates the investment fund. The notice period is not applicable to Plan participants.
 
December 31, 2016
 
Fair Value
 
Unfounded Commitments
 
Redemptions Frequency
 
Redemption Notice Period
Pooled separate accounts
$
35,952,545

 
$

 
Immediate
 
None
Stable Asset Fund II
12,575,086

 

 
Daily
 
30 days
Total
$
48,527,631


$

 
 
 
 

9



 
December 31, 2015
 
Fair Value
 
Unfounded Commitments
 
Redemptions Frequency
 
Redemption Notice Period
Pooled separate accounts
33,647,602

 
$

 
Immediate
 
None
Stable Asset Fund II
12,758,718

 

 
Daily
 
30 days
Total
$
46,406,320

 
$

 
 
 
 

Valuation methodologies for the asset classes listed above are described below. There have been no changes in the methodologies used at December 31, 2016 and 2015. There have been no transfers in or out of Levels 1, 2, or 3 during the years ended December 31, 2016 and 2015.
Money market funds: Valued at cost, which approximates fair value.
Common stock: Valued at the closing price reported on the active market on which the individual securities are traded.
Pooled separate accounts: Valued at the net asset value, which is based principally on unit prices provided by the Recordkeeper. Unit prices are, in turn, based on the quoted market prices of the underlying investments.
Stable Asset Fund II: Valued at net asset value, which is equivalent to contract value. The net asset value is used as a practical expedient to estimate fair value. Participant transactions (purchases and sales) may occur daily.
(8)Reconciliation to Form 5500
The following table reconciles net assets available for benefits between the financial statements and Form 5500 as of December 31, 2016 and 2015:
 
 
2016
 
2015
Net assets available for benefits per the financial statements
 
53,663,755

 
50,551,618

Add: Excess contributions payable included in financial statements but not in Form 5500
 
119,211

 

Net assets available for benefits per Form 5500
 
53,782,966

 
50,551,618


The following table reconciles the net increase in net assets available for benefits per the financial statements to net income per Form 5500 for the year ended December 31, 2016:
 
 
2016
Net increase in net assets available for benefits per the financial statements
 
3,112,137

Add: Excess contributions payable included in financial statements but not in Form 5500
 
119,211

Net income per Form 5500
 
3,231,348


(9)Subsequent Events
The Plan Sponsor has evaluated subsequent events through the date the financial statements were issued. The Plan Sponsor is not aware of any significant events occurring subsequent to the Statement of Net Assets Available for Benefits date that would have a material effect on the financial statements thereby requiring adjustment or disclosure.


10



WORLD ACCEPTANCE CORPORATION
RETIREMENT SAVINGS PLAN
Schedule H, Line 4i - Schedule of Assets (Held at End of Year)
December 31, 2016
 
 
 
 
 
(a)
(b)
(c)
(d)
(e)
Party in-interest
Identity of issuer, borrower, lessor, or similar party
Description of investment including maturity date, rate of interest, collateral, par or maturity value
Cost
Current value
 
Money Market Funds:
 
 
 
 
Fidelity
Fidelity Institutional Money Market
**
$
67,576

 
 
 
 
 
 
Pooled Separate Accounts:
 
 
 
*
Standard Insurance Company
Separate Account A Harbor Bond Instl
**
1,496,976

*
Standard Insurance Company
Separate Account A Vanguard Morgan Growth Adml
**
5,229,042

*
Standard Insurance Company
Separate Account A T. Rowe Price New Horizons
**
595,012

*
Standard Insurance Company
Separate Account A DFA US Targeted Value I
**
2,810,273

*
Standard Insurance Company
Separate Account A MFS Value R5
**
3,166,209

*
Standard Insurance Company
Separate Account A JP Morgan US Equity Instl
**
4,851,575

*
Standard Insurance Company
Separate Account A Wells Fargo Special Mid-Cap Value Instl
**
2,057,160

*
Standard Insurance Company
Separate Account A T. Rowe Price Mid-Cap Growth
**
4,074,629

*
Standard Insurance Company
Separate Account A Vanguard Wellington Admiral
**
845,979

*
Standard Insurance Company
Separate Account A Vanguard 500 Index Adml
**
1,233,990

*
Standard Insurance Company
Separate Account A Vanguard Extd Mkt Idx Adml
**
5,316,200

*
Standard Insurance Company
Separate Account A DFA US Small Cap I
**
420,831

*
Standard Insurance Company
Separate Account A Oppenheimer Global Y
**
247,519

*
Standard Insurance Company
Separate Account A Harbor International Instl
**
3,607,150

 
 
 
 
 
*
Participant Loans
Interest rates from 3.25% to 5.00% and maturity dates through May 15, 2026***
**
3,525,914

 
 
 
 
 
 
Common Stock:
 
 
 
*
World Acceptance Corporation
Common stock, no par value (quoted at fair value)
**
1,659,002

 
 
 
 
 
 
Deposit Administration Contract:
 
 
 
*
Standard Insurance Company
Stable Asset Fund II
**
12,575,086

 
 
 
 
 
 
 
Total
 
$
53,780,123

 
 
 
 
 
*
Indicates party-in-interest to the Plan
**
Cost information has not been included in column (d) because all investments are participant-directed
***
The accompanying financial statements classify participant loans as notes receivable from participants
 
 
 
 
 
See accompanying report of independent registered public accounting firm

11



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the World Acceptance Corporation Retirement Plan Committee has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

 
WORLD ACCEPTANCE CORPORATION RETIREMENT SAVINGS PLAN
 
 
 
 
By:
World Acceptance Corporation
 
 
Retirement Plan Committee
 
Date:
June 29, 2017
 
 
 
 
By:   /s/ Janet Lewis Matricciani
 
Janet Lewis Matricciani
 
Chief Executive Officer
 
Date:
June 29, 2017
 
 
 
 
By: /s/ Lindsay Caulder
 
Lindsay Caulder
 
Vice President, Human Resources
 
Date:
June 29, 2017







12


EXHIBIT INDEX

Exhibit
Number
 
Description
Company Registration No. or Report if Incorporated by Reference
Exhibit No. of Previous Filing if Incorporated by Reference
23
 
Consent of RSM US LLP
*
*

*
Submitted electronically herewith.


13