2018 Q4 Form 10-K Financial Statement

#000093303620000010 Filed on March 02, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $661.8M $644.9M $655.7M
YoY Change 3.57% 0.15% -3.23%
Cost Of Revenue $242.2M $237.2M $231.8M
YoY Change 6.18% 2.46% -5.41%
Gross Profit $419.6M $407.7M $423.9M
YoY Change 2.11% -1.15% -2.0%
Gross Profit Margin 63.4% 63.22% 64.64%
Selling, General & Admin $370.6M $358.4M $362.8M
YoY Change -11.64% -9.36% -10.11%
% of Gross Profit 88.33% 87.9% 85.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.70M $17.00M $17.40M
YoY Change -10.7% -9.57% -6.95%
% of Gross Profit 3.98% 4.17% 4.1%
Operating Expenses $386.8M $382.1M $396.7M
YoY Change -11.71% -9.22% -8.46%
Operating Profit $13.62M $25.63M $27.15M
YoY Change -124.82% -403.52% -3210.08%
Interest Expense -$9.900M $10.50M $10.81M
YoY Change -13.16% -8.36% -4.06%
% of Operating Profit -72.67% 40.95% 39.8%
Other Income/Expense, Net -$500.0K $0.00 $0.00
YoY Change -100.0%
Pretax Income $3.200M $15.48M $16.55M
YoY Change -104.83% -178.5% -218.93%
Income Tax $1.600M $2.563M $2.794M
% Of Pretax Income 50.0% 16.56% 16.89%
Net Earnings $1.664M $12.92M $13.75M
YoY Change -95.22% -202.53% -254.65%
Net Earnings / Revenue 0.25% 2.0% 2.1%
Basic Earnings Per Share $0.03 $0.24 $0.26
Diluted Earnings Per Share $0.03 $0.24 $0.25
COMMON SHARES
Basic Shares Outstanding 53.51M shares 53.51M shares 53.45M shares
Diluted Shares Outstanding 54.91M shares 54.30M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $155.4M $111.0M $116.8M
YoY Change 112.88% 45.67% 58.27%
Cash & Equivalents $155.4M $111.0M $116.8M
Short-Term Investments
Other Short-Term Assets $51.40M $67.10M $53.60M
YoY Change -20.43% 23.35% -4.96%
Inventory $807.5M $776.3M $782.3M
Prepaid Expenses
Receivables $69.60M $65.20M $69.70M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.084B $1.020B $1.022B
YoY Change 0.7% -4.09% -7.13%
LONG-TERM ASSETS
Property, Plant & Equipment $226.3M $243.1M $253.9M
YoY Change -20.0% -20.39% -18.52%
Goodwill $56.85M $56.85M $56.78M
YoY Change 0.41% 0.82% 2.45%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $25.60M $28.40M $28.60M
YoY Change
Total Long-Term Assets $313.0M $332.5M $343.9M
YoY Change -9.11% -9.46% -7.48%
TOTAL ASSETS
Total Short-Term Assets $1.084B $1.020B $1.022B
Total Long-Term Assets $313.0M $332.5M $343.9M
Total Assets $1.397B $1.352B $1.366B
YoY Change -1.68% -5.47% -7.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $113.8M $98.10M $92.40M
YoY Change 25.88% 11.22% -18.23%
Accrued Expenses $337.5M $311.3M $311.5M
YoY Change 13.26% -5.18% -3.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $451.3M $409.4M $403.9M
YoY Change 14.51% -1.96% -7.21%
LONG-TERM LIABILITIES
Long-Term Debt $540.0M $539.7M $577.4M
YoY Change -19.06% -15.18% -9.17%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $540.0M $539.7M $577.4M
YoY Change -19.06% -15.18% -9.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $451.3M $409.4M $403.9M
Total Long-Term Liabilities $540.0M $539.7M $577.4M
Total Liabilities $1.110B $1.068B $1.098B
YoY Change -3.3% -10.45% -10.28%
SHAREHOLDERS EQUITY
Retained Earnings $805.9M $804.3M $791.3M
YoY Change 0.9% 5.28% 1.91%
Common Stock $839.5M $837.7M $836.1M
YoY Change 0.86% 0.85% 0.81%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.348B $1.348B $1.348B
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 56.37M shares 56.37M shares 56.37M shares
Shareholders Equity $286.5M $283.7M $268.3M
YoY Change
Total Liabilities & Shareholders Equity $1.397B $1.352B $1.366B
YoY Change -1.68% -5.47% -7.22%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $1.664M $12.92M $13.75M
YoY Change -95.22% -202.53% -254.65%
Depreciation, Depletion And Amortization $16.70M $17.00M $17.40M
YoY Change -10.7% -9.57% -6.95%
Cash From Operating Activities $43.60M $41.00M $58.40M
YoY Change -275.1% 74.47% 11.03%
INVESTING ACTIVITIES
Capital Expenditures -$5.500M -$6.800M -$7.100M
YoY Change -54.17% -48.87% -60.99%
Acquisitions
YoY Change
Other Investing Activities $8.900M $400.0K $5.000M
YoY Change 2125.0% -60.0% 2400.0%
Cash From Investing Activities $3.400M -$6.400M -$2.100M
YoY Change -129.57% -47.97% -88.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.800M -41.00M -20.10M
YoY Change -105.28% 360.67% 2.03%
NET CHANGE
Cash From Operating Activities 43.60M 41.00M 58.40M
Cash From Investing Activities 3.400M -6.400M -2.100M
Cash From Financing Activities -1.800M -41.00M -20.10M
Net Change In Cash 45.20M -6.400M 36.20M
YoY Change -2065.22% -378.26% 141.33%
FREE CASH FLOW
Cash From Operating Activities $43.60M $41.00M $58.40M
Capital Expenditures -$5.500M -$6.800M -$7.100M
Free Cash Flow $49.10M $47.80M $65.50M
YoY Change -480.62% 29.89% -7.49%

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1347677000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
458963000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-11265000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
286517000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1582798000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1396917000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
264933000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
6653000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
5241000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
270000 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
-3896000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8550000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
272443000 USD
CY2018Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-1311000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
8492000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-274000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1400000 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-194000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
-5961000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
286517000 USD
CY2019Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-1976000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
173546000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
595000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1292000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6799000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-1734000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
-6958000 USD
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
29619000 USD
CY2019 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
19169000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
458963000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
173546000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
8492000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
6653000 USD
CY2019 rcii Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
619353000 USD
CY2018 rcii Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
616640000 USD
CY2017 rcii Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
618390000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15077000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
14610000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15702000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
6958000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
5961000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
3896000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
69717000 USD
CY2019 us-gaap Depreciation
Depreciation
60592000 USD
CY2018 us-gaap Depreciation
Depreciation
68275000 USD
CY2017 us-gaap Depreciation
Depreciation
73685000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
23537000 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-7388000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-15795000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
723000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
671000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4908000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2987000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5486000 USD
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4667000 USD
CY2019 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
2168000 USD
CY2018 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
475000 USD
CY2017 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
1936000 USD
CY2019 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
55257000 USD
CY2018 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
6816000 USD
CY2017 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-86063000 USD
CY2019 rcii Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
651487000 USD
CY2018 rcii Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
569717000 USD
CY2017 rcii Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
487130000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
28855000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14431000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15741000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3185000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-13105000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9622000 USD
CY2019 rcii Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
-4366000 USD
CY2018 rcii Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
0 USD
CY2017 rcii Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
0 USD
CY2019 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
54282000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
23486000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-17886000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-79199000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
40248000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-18657000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
215416000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
227505000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
110533000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21157000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27962000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
65460000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
25317000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4638000 USD
CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1113000 USD
CY2018 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2017 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
28915000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2048000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2525000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
20758000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4693000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-63347000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1292000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6799000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1401000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
270000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1733000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
317000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
225000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
8454000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2098000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5258000 USD
CY2019 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
305400000 USD
CY2018 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
27060000 USD
CY2017 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
347635000 USD
CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
608640000 USD
CY2018 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
166358000 USD
CY2017 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
400151000 USD
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
13707000 USD
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
12811000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-321627000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-140312000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-70540000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
556000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-77000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
926000 USD
CY2019 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-84897000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
82423000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-22428000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
155391000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72968000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
95396000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
70494000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
155391000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72968000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
32114000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
37530000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
41339000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
24332000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
2227000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
1983000 USD
CY2019Q4 rcii Numberofcompanyownedstoresnationwideandin Canadaand Puerto Rico
NumberofcompanyownedstoresnationwideandinCanadaandPuertoRico
1973 store
CY2019Q4 rcii Numberofretailinstallmentsalesstores
Numberofretailinstallmentsalesstores
44 store
CY2019Q4 rcii Numberof Acceptance Now Staffedlocations
NumberofAcceptanceNowStaffedlocations
998 store
CY2019Q4 rcii Numberofstoresin Mexico
NumberofstoresinMexico
123 store
CY2019Q4 rcii Numberof Franchisedstores
NumberofFranchisedstores
372 store
CY2019Q4 rcii Numberofstateswith Franchisedstores
NumberofstateswithFranchisedstores
33
CY2019 rcii Minimum Periodin Heldfor Rentstatusneededfordepreciationofmerchandise
MinimumPeriodinHeldforRentstatusneededfordepreciationofmerchandise
P180D
CY2019 rcii Maximum Periodusedfordepreciationof Merchandise Heldfor Rent
MaximumPeriodusedfordepreciationofMerchandiseHeldforRent
P18M
CY2019 rcii Maximum Periodusedfordepreciationofsmartphones Heldfor Rent
MaximumPeriodusedfordepreciationofsmartphonesHeldforRent
P18M
CY2019 rcii Minimum Periodin Heldfor Rentstatusneededfordepreciationofsmartphones
MinimumPeriodinHeldforRentstatusneededfordepreciationofsmartphones
P90D
CY2019 rcii Maximumperiodofpastduerequiredtochargeoffremainingbookvalueofrentalmerchandisefor Rent A Centerand Mexicosegments
MaximumperiodofpastduerequiredtochargeoffremainingbookvalueofrentalmerchandiseforRentACenterandMexicosegments
P90D
CY2019 rcii Maximumperiodofpastduerequiredtochargeoffremainingbookvalueofrentalmerchandisefor Preferred Leasesegment
MaximumperiodofpastduerequiredtochargeoffremainingbookvalueofrentalmerchandiseforPreferredLeasesegment
P150D
CY2019 rcii Minimum Periodof Past Due Requiredto Charge Offinstallment Notes
MinimumPeriodofPastDueRequiredtoChargeOffinstallmentNotes
P120D
CY2019 rcii Maximumperiodincurrentstatusallowedto Franchiseesforpaymentofreceivables
MaximumperiodincurrentstatusallowedtoFranchiseesforpaymentofreceivables
P30D
CY2019 rcii Minimumperiodofpastduerequiredtowriteoffreceivablesfrom Franchisees
MinimumperiodofpastduerequiredtowriteoffreceivablesfromFranchisees
P90D
CY2019 rcii Amortizationperiodforacquiredcustomerrelationships
Amortizationperiodforacquiredcustomerrelationships
P21M
CY2019 rcii Amortizationperiodforvendorrelationshipsminimum
Amortizationperiodforvendorrelationshipsminimum
P7Y
CY2019 rcii Amortizationperiodforvendorrelationshipsmaximum
Amortizationperiodforvendorrelationshipsmaximum
P15Y
CY2019 us-gaap Advertising Expense
AdvertisingExpense
58800000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
74600000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
86100000 USD
CY2019 rcii Vendor Allowances
VendorAllowances
21200000 USD
CY2018 rcii Vendor Allowances
VendorAllowances
17100000 USD
CY2017 rcii Vendor Allowances
VendorAllowances
14400000 USD
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain reclassifications may be made to the reported amounts for prior periods to conform to the current period presentation. These reclassifications have no impact on net earnings or earnings per share in any period.</span></div>
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In preparing financial statements in conformity with U.S. generally accepted accounting principles, we are required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent losses and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. In applying accounting principles, we must often make individual estimates and assumptions regarding expected outcomes or uncertainties. Our estimates, judgments and assumptions are continually evaluated based on available information and experience. Because of the use of estimates inherent in the financial reporting process, actual results could differ from those estimates.</span></div>
CY2018Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
1300000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
281600000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
285000000.0 USD
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
2000000.0 USD
CY2019 rcii Rentals And Fees
RentalsAndFees
2224402000 USD
CY2019 rcii Merchandise Sales
MerchandiseSales
304630000 USD
CY2019 rcii Installment Sales
InstallmentSales
70434000 USD
CY2019 rcii Other Store Revenue
OtherStoreRevenue
4795000 USD
CY2019 rcii Storerevenues
Storerevenues
2604261000 USD
CY2019 rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
49135000 USD
CY2019 rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
16456000 USD
CY2019 us-gaap Revenues
Revenues
2669852000 USD
CY2018 rcii Rentals And Fees
RentalsAndFees
2244860000 USD
CY2018 rcii Merchandise Sales
MerchandiseSales
304455000 USD
CY2018 rcii Installment Sales
InstallmentSales
69572000 USD
CY2018 rcii Other Store Revenue
OtherStoreRevenue
9000000 USD
CY2018 rcii Storerevenues
Storerevenues
2627887000 USD
CY2018 rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
19087000 USD
CY2018 rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
13491000 USD
CY2018 us-gaap Revenues
Revenues
2660465000 USD
CY2019Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
89724000 USD
CY2018Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
74528000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5601000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4883000 USD
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
84123000 USD
CY2018Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
69645000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4883000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4167000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3593000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15077000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
14610000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15702000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
14359000 USD
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
13894000 USD
CY2017 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
15128000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5601000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4883000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4167000 USD
CY2019Q4 rcii Rental Merchandiseon Rent Cost
RentalMerchandiseonRentCost
1112130000 USD
CY2018Q4 rcii Rental Merchandiseon Rent Cost
RentalMerchandiseonRentCost
1110968000 USD
CY2019Q4 rcii Rental Merchandiseon Rent Accumulated Depreciation
RentalMerchandiseonRentAccumulatedDepreciation
-414860000 USD
CY2018Q4 rcii Rental Merchandiseon Rent Accumulated Depreciation
RentalMerchandiseonRentAccumulatedDepreciation
-427160000 USD
CY2019Q4 rcii Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
697270000 USD
CY2018Q4 rcii Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
683808000 USD
CY2019Q4 rcii Rental Merchandise Heldfor Rent Cost
RentalMerchandiseHeldforRentCost
163636000 USD
CY2018Q4 rcii Rental Merchandise Heldfor Rent Cost
RentalMerchandiseHeldforRentCost
147300000 USD
CY2019Q4 rcii Rental Merchandise Heldfor Rent Accumulated Depreciation
RentalMerchandiseHeldforRentAccumulatedDepreciation
-25218000 USD
CY2018Q4 rcii Rental Merchandise Heldfor Rent Accumulated Depreciation
RentalMerchandiseHeldforRentAccumulatedDepreciation
-23638000 USD
CY2019Q4 rcii Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
138418000 USD
CY2018Q4 rcii Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
123662000 USD
CY2019Q4 rcii Furnitureand Equipment
FurnitureandEquipment
475431000 USD
CY2018Q4 rcii Furnitureand Equipment
FurnitureandEquipment
512056000 USD
CY2019Q4 rcii Buildingand Leasehold Improvements
BuildingandLeaseholdImprovements
207620000 USD
CY2018Q4 rcii Buildingand Leasehold Improvements
BuildingandLeaseholdImprovements
251975000 USD
CY2019Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
0 USD
CY2018Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
6737000 USD
CY2019Q4 rcii Transportation Equipment
TransportationEquipment
567000 USD
CY2018Q4 rcii Transportation Equipment
TransportationEquipment
3765000 USD
CY2019Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
5346000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
3540000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
688964000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
778073000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
522826000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
551750000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
166138000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
226323000 USD
CY2019Q4 rcii Capitalized Software Costin Constructionin Progress
CapitalizedSoftwareCostinConstructioninProgress
3800000 USD
CY2018Q4 rcii Capitalized Software Costin Constructionin Progress
CapitalizedSoftwareCostinConstructioninProgress
1900000 USD
CY2019 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
6000000.0 USD
CY2018 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
9700000 USD
CY2017 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
32100000 USD
CY2019 us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
43200000 USD
CY2019 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
21800000 USD
CY2019 us-gaap Sale Leaseback Transaction Lease Terms
SaleLeasebackTransactionLeaseTerms
The lease includes an initial term of 12 years, with two five year renewal option periods at our discretion
CY2019 us-gaap Sublease Income
SubleaseIncome
7683000 USD
CY2019 us-gaap Lease Cost
LeaseCost
149853000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
120826000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
27402000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
78250000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.077
CY2019 rcii Weightedaverageremainingleaseterm
Weightedaverageremainingleaseterm
P4Y
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
116689000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
86279000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
57271000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
31352000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
16323000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
21473000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
329387000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
44346000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
285041000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
145345000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
116785000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
80362000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
47417000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
16460000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2280000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
408649000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1031000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
906000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
890000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
890000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
890000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
4155000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8762000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
96543000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
87781000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
87547000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
87048000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
723000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
671000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4908000 USD
CY2017 rcii Restructuringand Related Cost Accelerated Depreciationand Asset Writeoff
RestructuringandRelatedCostAcceleratedDepreciationandAssetWriteoff
3900000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
56845000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
56614000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
13700000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
169000 USD
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-328000 USD
CY2018 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
62000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
70217000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
56845000 USD
CY2019 us-gaap Business Acquisition Effective Date Of Acquisition1
BusinessAcquisitionEffectiveDateOfAcquisition1
2019-08-13
CY2019 us-gaap Business Acquisition Name Of Acquired Entity
BusinessAcquisitionNameOfAcquiredEntity
Merchants Preferred
CY2019 us-gaap Business Acquisition Description Of Acquired Entity
BusinessAcquisitionDescriptionOfAcquiredEntity
a nationwide provider of virtual lease-to-own services
CY2019 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
46400000 USD
CY2019 us-gaap Business Combination Cost Of Acquired Entity Equity Interests Issued And Issuable Fair Value Method
BusinessCombinationCostOfAcquiredEntityEquityInterestsIssuedAndIssuableFairValueMethod
701,918 shares of our common stock
CY2019Q3 us-gaap Business Acquisition Share Price
BusinessAcquisitionSharePrice
27.31
CY2019 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Consideration Transferred
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred
900000 USD
CY2019 us-gaap Business Combination Goodwill Recognized Description
BusinessCombinationGoodwillRecognizedDescription
consists of the excess of the net purchase price over the fair value of the net assets acquired
CY2019Q3 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
1400000 USD
CY2018 rcii Numberof Stores Acquired Remaining Open
NumberofStoresAcquiredRemainingOpen
1 store
CY2017 rcii Numberof Stores Acquired Remaining Open
NumberofStoresAcquiredRemainingOpen
0 store
CY2018 rcii Numberof Stores Acquired Mergedwith Existing Stores
NumberofStoresAcquiredMergedwithExistingStores
6 store
CY2017 rcii Numberof Stores Acquired Mergedwith Existing Stores
NumberofStoresAcquiredMergedwithExistingStores
8 store
CY2018 rcii Numberof Transactions
NumberofTransactions
7
CY2017 rcii Numberof Transactions
NumberofTransactions
4
CY2018 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
2048000 USD
CY2017 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
2547000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
169000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1217000 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
1590000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
780000 USD
CY2019 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P54M
CY2019Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
15912000 USD
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2019Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
104557000 USD
CY2018Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
109505000 USD
CY2019Q4 rcii Accrued Compensationexcludes Payroll Taxes
AccruedCompensationexcludesPayrollTaxes
38547000 USD
CY2018Q4 rcii Accrued Compensationexcludes Payroll Taxes
AccruedCompensationexcludesPayrollTaxes
55789000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
52589000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
53348000 USD
CY2019Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
28397000 USD
CY2018Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
27711000 USD
CY2019Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
0 USD
CY2018Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
26797000 USD
CY2019Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
440000 USD
CY2018Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
11000000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
9711000 USD
CY2018Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
8687000 USD
CY2019Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1391000 USD
CY2018Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
5643000 USD
CY2019Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
0 USD
CY2018Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
3503000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
24233000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
35476000 USD
CY2019Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
275777000 USD
CY2018Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
337459000 USD
CY2017Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
76500000 USD
CY2017 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
700000 USD
CY2017 rcii Tax Cutsand Jobs Actof2017 Incomplete Accounting Provisional Income Tax Expense
TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpense
9700000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
212406000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
11290000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-109615000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
11377000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2551000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-585000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
223783000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
13841000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-110200000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.703
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.043
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.176
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.018
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.003
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.012
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.035
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.027
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.314
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.017
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.109
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.002
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.149
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.027
CY2018 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.073
CY2017 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.016
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.012
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.005
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.016
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.008
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.027
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.224
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.386
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.060
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-6996000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-2573000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-34445000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
528000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
816000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1216000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
796000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
724000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-1417000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-5672000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-1033000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-34646000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1653000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
453000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
289061000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
210818000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
149095000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
93503000 USD
CY2019Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
15900000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
37309000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4691000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-89820000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
16439000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3325000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
9266000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2161000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1634000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
55909000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6382000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-82207000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50237000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5349000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-116853000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
34928000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
56701000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
45671000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
50558000 USD
CY2019Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
13088000 USD
CY2018Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
20346000 USD
CY2019Q4 rcii Deferred Tax Assets Lease Obligation
DeferredTaxAssetsLeaseObligation
71104000 USD
CY2018Q4 rcii Deferred Tax Assets Lease Obligation
DeferredTaxAssetsLeaseObligation
0 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
10915000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
23070000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
7815000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
6601000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
183521000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
157276000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
43555000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
39961000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
139966000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
117315000 USD
CY2019Q4 rcii Deferred Tax Liabilities Rental Merchandise
DeferredTaxLiabilitiesRentalMerchandise
193878000 USD
CY2018Q4 rcii Deferred Tax Liabilities Rental Merchandise
DeferredTaxLiabilitiesRentalMerchandise
177794000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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24513000 USD
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
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CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
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206000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
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415000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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735000 USD
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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996000 USD
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444000 USD
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36364000 USD
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37319000 USD
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5000000.0 USD
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18700000 USD
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3100000 USD
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346000 USD
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2600000 USD
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1
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CY2019 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<span style="font-family:inherit;font-size:10pt;font-weight:bold;">Contingencies</span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">From time to time, the Company, along with our subsidiaries, is party to various legal proceedings arising in the ordinary course of business. We reserve for loss contingencies that are both probable and reasonably estimable. We regularly monitor developments related to these legal proceedings, and review the adequacy of our legal reserves on a quarterly basis. We do not expect these losses to have a material impact on our condensed consolidated financial statements if and when such losses are incurred.</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We are subject to unclaimed property audits by states in the ordinary course of business. The property subject to review in the audit process include unclaimed wages, vendor payments and customer refunds. State escheat laws generally require entities to report and remit abandoned and unclaimed property to the state. Failure to timely report and remit the property can result in assessments that could include interest and penalties, in addition to the payment of the escheat liability itself. We routinely remit escheat payments to states in compliance with applicable escheat laws.</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Blair v. Rent-A-Center, Inc. </span><span style="font-family:inherit;font-size:10pt;">This matter was a state-wide class action complaint originally filed on March 13, 2017 in the Federal District Court for the Northern District of California. The complaint alleged various claims, including that our cash sales and total rent to own prices exceeded the pricing permitted under California's Karnette Rental-Purchase Act. Following a court-ordered mediation on March 28, 2019, we reached an agreement in principle to settle this matter for a total of </span><span style="font-family:inherit;font-size:10pt;"><span>$13 million</span></span><span style="font-family:inherit;font-size:10pt;">, including attorneys’ fees. The settlement was approved by the court in October 2019. We have denied any liability in the settlement and agreed to the settlement in order to avoid additional expensive, time-consuming litigation. We recorded the pre-tax charge for this settlement in the first quarter of 2019, and the settlement amount was paid in November 2019.</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Velma Russell v. Acceptance Now.</span><span style="font-family:inherit;font-size:12pt;"> </span><span style="font-family:inherit;font-size:10pt;">This purported class action arising out of calls made by Acceptance Now to customers’ reference (s) was filed on January 29, 2019 in Massachusetts state court. Specifically, plaintiffs sought to certify a class representing any references of customers (within the state of Massachusetts) during the 4 years prior to the filing date that were contacted by Acceptance Now more frequently during a 12 month period than is permitted by Massachusetts state law. The plaintiffs were seeking injunctive relief and statutory damages of </span><span style="font-family:inherit;font-size:10pt;"><span>$25</span></span><span style="font-family:inherit;font-size:10pt;"> per reference which may be tripled to </span><span style="font-family:inherit;font-size:10pt;"><span>$75</span></span><span style="font-family:inherit;font-size:10pt;"> per reference. References are not parties to our consumer arbitration agreement. We operate </span><span style="font-family:inherit;font-size:10pt;"><span>12</span></span><span style="font-family:inherit;font-size:10pt;"> Acceptance Now locations in Massachusetts. Mediation took place in September 2019. We reached an agreement in principle in December 2019 to settle this matter. The settlement amount is immaterial and was recorded in the fourth quarter of 2019.</span></div><span style="font-family:inherit;font-size:10pt;font-style:italic;">Federal Trade Commission civil investigative demand. </span>As previously disclosed, in April 2019 Rent-A-Center, Inc. (the “Company”) received a Civil Investigative Demand (“CID”) from the Federal Trade Commission (“FTC”) seeking information regarding certain transactions involving the purchase and sale of customer lease agreements, and whether such transactions violated the FTC Act. On February 21, 2020, the FTC notified the Company that it had accepted for public comment an Agreement Containing Consent Order ("Agreement"). We expect the Agreement to be finally approved by the FTC following the 30-day public comment period which commenced on February 26, 2020. This Agreement is for settlement purposes only. While not admitting any wrongdoing, the Company chose to settle the CID after many months of legal expenses and cooperating with the FTC investigation, and no fines or penalties were assessed against the Company. The settlement permits us to continue purchasing and selling customer lease agreements so long as such agreements are not contractually interdependent or contingent on a reciprocal transaction, and does not require any material changes to the Company's current business practices.
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13000000 USD
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92500000 USD
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80000000 USD
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43200000 USD
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21800000 USD
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3779000 USD
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25993000 USD
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7654000 USD
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P10Y
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1739000 USD
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10.54
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27.60
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21.70
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P6Y1M13D
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4464000 USD
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P4Y1M24D
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53300 USD
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1798000.0 USD
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146600 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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18700 USD
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8.92
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3.80
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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2.92
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0.0207
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0.0251
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0.0178
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0.0128
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0303
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.5093
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
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0.4958
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
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0.4544
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CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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10.19
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14.38
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0.50
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1
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150000 USD
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50000 USD
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100000 USD
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0.50
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0.06
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0 USD
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9700000 USD
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8700000 USD
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0.50
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6600000 USD
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6300000 USD
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0.50
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0.06
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0.082
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0.062
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1250000000 USD
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37053383 shares
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996100000 USD
CY2019 us-gaap Treasury Stock Shares Acquired
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58730 shares
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0 shares
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44 store
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0.020
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1718542000 USD
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253859000 USD
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56137000 USD
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61104000 USD
CY2018 rcii Depreciation Amortizationand Writedownof Intangibles
DepreciationAmortizationandWritedownofIntangibles
68946000 USD
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74639000 USD
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21157000 USD
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27962000 USD
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WeightedAverageNumberOfDilutedSharesOutstanding
53844000 shares
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
65460000 USD
CY2019Q4 rcii Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
697270000 USD
CY2018Q4 rcii Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
683808000 USD
CY2017Q4 rcii Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
701803000 USD
CY2019Q4 rcii Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
138418000 USD
CY2018Q4 rcii Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
123662000 USD
CY2017Q4 rcii Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
167188000 USD
CY2019Q4 us-gaap Assets
Assets
1582798000 USD
CY2018Q4 us-gaap Assets
Assets
1396917000 USD
CY2017Q4 us-gaap Assets
Assets
1420781000 USD
CY2019Q4 us-gaap Assets
Assets
1582798000 USD
CY2018Q4 us-gaap Assets
Assets
1396917000 USD
CY2017Q4 us-gaap Assets
Assets
1420781000 USD
CY2019 rcii Rentals And Fees
RentalsAndFees
2224402000 USD
CY2018 rcii Rentals And Fees
RentalsAndFees
2244860000 USD
CY2017 rcii Rentals And Fees
RentalsAndFees
2267741000 USD
CY2019 us-gaap Revenues
Revenues
2669852000 USD
CY2018 us-gaap Revenues
Revenues
2660465000 USD
CY2017 us-gaap Revenues
Revenues
2702540000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
173546000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
8492000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
6653000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54325000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53471000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53282000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1630000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1071000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
562000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55955000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54542000 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.19
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.10
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2019Q1 us-gaap Revenues
Revenues
696694000 USD
CY2019Q2 us-gaap Revenues
Revenues
655925000 USD
CY2019Q3 us-gaap Revenues
Revenues
649371000 USD
CY2019Q4 us-gaap Revenues
Revenues
667862000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
424866000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
408071000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
399996000 USD
CY2019Q4 us-gaap Gross Profit
GrossProfit
411138000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
17349000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
129829000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
38847000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
67834000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
7323000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
94455000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
31277000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
40491000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.74
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.70
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2018Q1 us-gaap Revenues
Revenues
698043000 USD
CY2018Q2 us-gaap Revenues
Revenues
655730000 USD
CY2018Q3 us-gaap Revenues
Revenues
644942000 USD
CY2018Q4 us-gaap Revenues
Revenues
661750000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
436978000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
423886000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
407740000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
419564000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-10270000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
27151000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
25632000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
13624000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-19843000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
13753000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
12918000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
1664000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.37
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.37
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03

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