2020 Q1 Form 10-Q Financial Statement
#000093303620000028 Filed on May 11, 2020
Income Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
Revenue | $701.9M | $696.7M |
YoY Change | 0.75% | -0.19% |
Cost Of Revenue | $281.8M | $271.8M |
YoY Change | 3.65% | 4.12% |
Gross Profit | $420.2M | $424.9M |
YoY Change | -1.1% | -2.77% |
Gross Profit Margin | 59.86% | 60.98% |
Selling, General & Admin | $355.5M | $358.4M |
YoY Change | -0.81% | -12.99% |
% of Gross Profit | 84.61% | 84.36% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $14.60M | $15.69M |
YoY Change | -6.98% | -11.55% |
% of Gross Profit | 3.47% | 3.69% |
Operating Expenses | $371.3M | $407.5M |
YoY Change | -8.89% | -8.88% |
Operating Profit | $48.88M | $17.35M |
YoY Change | 181.72% | -268.93% |
Interest Expense | $4.447M | $9.389M |
YoY Change | -52.64% | -17.35% |
% of Operating Profit | 9.1% | 54.12% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $44.57M | $8.834M |
YoY Change | 404.55% | -141.24% |
Income Tax | -$4.720M | $1.511M |
% Of Pretax Income | -10.59% | 17.1% |
Net Earnings | $49.29M | $49.29M |
YoY Change | 0.0% | -348.41% |
Net Earnings / Revenue | 7.02% | 7.08% |
Basic Earnings Per Share | $0.90 | $0.14 |
Diluted Earnings Per Share | $0.88 | $0.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 54.77M shares | 53.93M shares |
Diluted Shares Outstanding | 56.15M shares | 55.50M shares |
Balance Sheet
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $182.9M | $237.7M |
YoY Change | -23.05% | 192.01% |
Cash & Equivalents | $182.9M | $237.7M |
Short-Term Investments | ||
Other Short-Term Assets | $40.10M | $39.90M |
YoY Change | 0.5% | -40.89% |
Inventory | $781.5M | $767.9M |
Prepaid Expenses | ||
Receivables | $73.10M | $63.80M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.078B | $1.109B |
YoY Change | -2.86% | 8.1% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $160.1M | $211.9M |
YoY Change | -24.45% | -21.5% |
Goodwill | $70.22M | $56.82M |
YoY Change | 23.59% | 0.05% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $14.90M | $25.60M |
YoY Change | -41.8% | -11.72% |
Total Long-Term Assets | $529.5M | $572.1M |
YoY Change | -7.46% | 58.82% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.078B | $1.109B |
Total Long-Term Assets | $529.5M | $572.1M |
Total Assets | $1.607B | $1.681B |
YoY Change | -4.42% | 21.28% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $106.9M | $118.9M |
YoY Change | -10.09% | 30.8% |
Accrued Expenses | $506.9M | $611.1M |
YoY Change | -17.05% | 85.35% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $613.8M | $730.0M |
YoY Change | -15.92% | 73.56% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $353.8M | $540.4M |
YoY Change | -34.53% | -9.4% |
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $353.8M | $540.4M |
YoY Change | -34.53% | -9.4% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $613.8M | $730.0M |
Total Long-Term Liabilities | $353.8M | $540.4M |
Total Liabilities | $1.131B | $1.387B |
YoY Change | -18.46% | 20.66% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $996.4M | $811.3M |
YoY Change | 22.82% | 1.74% |
Common Stock | $869.7M | $841.4M |
YoY Change | 3.36% | 0.84% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $1.375B | $1.348B |
YoY Change | 2.06% | 0.0% |
Treasury Stock Shares | 57.89M shares | 56.37M shares |
Shareholders Equity | $476.0M | $294.3M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.607B | $1.681B |
YoY Change | -4.42% | 21.28% |
Cashflow Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $49.29M | $49.29M |
YoY Change | 0.0% | -348.41% |
Depreciation, Depletion And Amortization | $14.60M | $15.69M |
YoY Change | -6.98% | -11.55% |
Cash From Operating Activities | $47.40M | $75.78M |
YoY Change | -37.45% | -10.3% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $9.151M | $2.508M |
YoY Change | 264.87% | -71.0% |
Acquisitions | $0.00 | $0.00 |
YoY Change | -100.0% | |
Other Investing Activities | $200.0K | $8.500M |
YoY Change | -97.65% | -5.56% |
Cash From Investing Activities | -$8.964M | $5.967M |
YoY Change | -250.23% | 1495.45% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $15.91M | $0.00 |
YoY Change | ||
Common Stock Issuance & Retirement, Net | $26.51M | $0.00 |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $76.00M | $405.0K |
YoY Change | 18666.17% | -100.52% |
NET CHANGE | ||
Cash From Operating Activities | $47.40M | $75.78M |
Cash From Investing Activities | -$8.964M | $5.967M |
Cash From Financing Activities | $76.00M | $405.0K |
Net Change In Cash | $112.4M | $82.35M |
YoY Change | 36.52% | 1009.43% |
FREE CASH FLOW | ||
Cash From Operating Activities | $47.40M | $75.78M |
Capital Expenditures | $9.151M | $2.508M |
Free Cash Flow | $38.25M | $73.27M |
YoY Change | -47.8% | -3.38% |
Facts In Submission
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CY2019Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
869617000 | USD |
CY2020Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
996398000 | USD |
CY2019Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
947875000 | USD |
CY2020Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
57889659 | shares |
CY2019Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
56428482 | shares |
CY2020Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1375480000 | USD |
CY2019Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1348969000 | USD |
CY2020Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-14576000 | USD |
CY2019Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-10670000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
476023000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
458963000 | USD |
CY2020Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1607059000 | USD |
CY2019Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1582798000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
458963000 | USD |
CY2019Q4 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
|
-769000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
49292000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
49292000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-3906000 | USD |
CY2020Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
26525000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1195000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
0 | USD |
CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
-5270000 | USD |
CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
3043000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
476023000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
286517000 | USD |
CY2018Q4 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
|
-1976000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7323000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
521000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2892000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
0 | USD |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
-1734000 | USD |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
709000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
294252000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
49292000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7323000 | USD |
CY2020Q1 | rcii |
Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
|
160445000 | USD |
CY2019Q1 | rcii |
Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
|
155111000 | USD |
CY2020Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3749000 | USD |
CY2019Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2942000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3043000 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
709000 | USD |
CY2020Q1 | us-gaap |
Depreciation
Depreciation
|
14597000 | USD |
CY2019Q1 | us-gaap |
Depreciation
Depreciation
|
15693000 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-558000 | USD |
CY2019Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-1341000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
319000 | USD |
CY2019Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
79000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
408000 | USD |
CY2019Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
973000 | USD |
CY2020Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-121000 | USD |
CY2019Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-1913000 | USD |
CY2020Q1 | rcii |
Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
|
106739000 | USD |
CY2019Q1 | rcii |
Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
|
123966000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-7270000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2942000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-5935000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-11588000 | USD |
CY2020Q1 | rcii |
Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
|
-3704000 | USD |
CY2019Q1 | rcii |
Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
|
-1508000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-61265000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
5066000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-33795000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3621000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
47400000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
75775000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9151000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2508000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
187000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
8475000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-8964000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
5967000 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
26511000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1194000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2892000 | USD |
CY2020Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5268000 | USD |
CY2019Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2330000 | USD |
CY2020Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2019Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
157000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
198000000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
5400000 | USD |
CY2020Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
75500000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
5400000 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
15912000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
76003000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
405000 | USD |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-2014000 | USD |
CY2019Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
206000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
112425000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
82353000 | 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 |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
182919000 | USD |
CY2019Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
237744000 | USD |
CY2020Q1 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
|
800000 | 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 |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
28000000.0 | 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 | |
CY2020Q1 | rcii |
Rentals And Fees
RentalsAndFees
|
568000000 | USD |
CY2020Q1 | rcii |
Merchandise Sales
MerchandiseSales
|
101380000 | USD |
CY2020Q1 | rcii |
Installment Sales
InstallmentSales
|
14747000 | USD |
CY2020Q1 | rcii |
Other Store Revenue
OtherStoreRevenue
|
722000 | USD |
CY2020Q1 | rcii |
Storerevenues
Storerevenues
|
684849000 | USD |
CY2020Q1 | rcii |
Franchise Merchandise Sales
FranchiseMerchandiseSales
|
12437000 | USD |
CY2020Q1 | rcii |
Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
|
4653000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
701939000 | USD |
CY2019Q1 | rcii |
Rentals And Fees
RentalsAndFees
|
563354000 | USD |
CY2020Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
73103000 | USD |
CY2019Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
84123000 | USD |
CY2019Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
5601000 | USD |
CY2020Q1 | rcii |
Provisionfordoubtfulaccountsbaddebtexpense
Provisionfordoubtfulaccountsbaddebtexpense
|
3749000 | USD |
CY2020Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
2441000 | USD |
CY2020Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
|
157000 | USD |
CY2020Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
7066000 | USD |
CY2019Q1 | rcii |
Merchandise Sales
MerchandiseSales
|
104470000 | USD |
CY2019Q1 | rcii |
Installment Sales
InstallmentSales
|
15436000 | USD |
CY2019Q1 | rcii |
Other Store Revenue
OtherStoreRevenue
|
664000 | USD |
CY2019Q1 | rcii |
Storerevenues
Storerevenues
|
683924000 | USD |
CY2019Q1 | rcii |
Franchise Merchandise Sales
FranchiseMerchandiseSales
|
8456000 | USD |
CY2019Q1 | rcii |
Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
|
4314000 | USD |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
696694000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Interest Received
ProceedsFromInterestReceived
|
2800000 | USD |
CY2020Q1 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
80169000 | USD |
CY2019Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
89724000 | USD |
CY2020Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
7066000 | USD |
CY2019Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
5601000 | USD |
CY2020Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
2317000 | USD |
CY2019Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
1676000 | USD |
CY2020Q1 | us-gaap |
Lease Cost
LeaseCost
|
35891000 | USD |
CY2019Q1 | us-gaap |
Lease Cost
LeaseCost
|
37018000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
29881000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
30077000 | USD |
CY2020Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
6736000 | USD |
CY2019Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
6941000 | USD |
CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
20619000 | USD |
CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
3927000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.075 | |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.077 | |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y | |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
87829000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
91163000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
62095000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
35677000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
19927000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
23539000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
320230000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
42478000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
277752000 | USD |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.106 | |
CY2019Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.171 | |
CY2019Q3 | rcii |
Originalissuediscount
Originalissuediscount
|
2000000.0 | USD |
CY2019Q3 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
6300000 | USD |
CY2020Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
88800000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
118000000.0 | USD |
CY2020Q1 | rcii |
Actual Fixed Charge Coverage Ratio
ActualFixedChargeCoverageRatio
|
1.50 | |
CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
1500000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
2000000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
2000000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
2000000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
165000000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
189500000 | USD |
CY2020Q1 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
362000000 | USD |
CY2019Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
738000 | USD |
CY2020Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
987000 | USD |
CY2020Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
902000 | USD |
CY2020Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
823000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
886000 | USD |
CY2020Q1 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
1703000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
701939000 | USD |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
696694000 | USD |
CY2020Q1 | us-gaap |
Gross Profit
GrossProfit
|
420178000 | USD |
CY2019Q1 | us-gaap |
Gross Profit
GrossProfit
|
424866000 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
48875000 | USD |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
17349000 | USD |
CY2020Q1 | rcii |
Depreciation Amortizationand Writedownof Intangibles
DepreciationAmortizationandWritedownofIntangibles
|
14913000 | USD |
CY2019Q1 | rcii |
Depreciation Amortizationand Writedownof Intangibles
DepreciationAmortizationandWritedownofIntangibles
|
15773000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
9151000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
2508000 | USD |
CY2020Q1 | rcii |
Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
|
660604000 | USD |
CY2019Q4 | rcii |
Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
|
697270000 | USD |
CY2020Q1 | rcii |
Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
|
120930000 | USD |
CY2019Q4 | rcii |
Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
|
138418000 | USD |
CY2020Q1 | us-gaap |
Assets
Assets
|
1607059000 | USD |
CY2019Q4 | us-gaap |
Assets
Assets
|
1582798000 | USD |
CY2020Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
75000000 | USD |
CY2020Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1461177 | shares |
CY2020Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
26500000 | USD |
CY2020Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
16500000 | USD |
CY2019Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
0 | shares |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3000000.0 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
700000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
303000 | shares |
CY2020Q1 | rcii |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Performance Based Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPerformanceBasedGrantsInPeriod
|
268000 | shares |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
181000 | shares |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.4562 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.5162 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0114 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0172 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
7.32 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
25.74 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
49292000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7323000 | USD |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54774000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
53930000 | shares |
CY2020Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1378000 | shares |
CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1566000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56152000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55496000 | shares |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.90 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.88 | |
CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.13 |