2021 Q4 Form 10-K Financial Statement

#000093303622000046 Filed on February 28, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $1.171B $4.583B $716.5M
YoY Change 63.49% 62.87% 7.28%
Cost Of Revenue $603.2M $2.348B $289.1M
YoY Change 108.64% 105.64% 12.62%
Gross Profit $568.3M $2.235B $427.4M
YoY Change 32.95% 33.66% 3.96%
Gross Profit Margin 48.51% 48.76% 59.65%
Selling, General & Admin $439.6M $1.610B $330.6M
YoY Change 32.98% 19.9% -4.84%
% of Gross Profit 77.36% 72.04% 77.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.27M $67.09M $13.60M
YoY Change 247.57% 20.67% -12.26%
% of Gross Profit 8.32% 3.0% 3.18%
Operating Expenses $491.4M $1.954B $372.4M
YoY Change 31.95% 36.22% 8.89%
Operating Profit $76.88M $280.5M $54.64M
YoY Change 40.7% 18.2% -19.45%
Interest Expense -$18.63M $70.87M -$3.200M
YoY Change 482.31% 362.47% -31.91%
% of Operating Profit -24.24% 25.26% -5.86%
Other Income/Expense, Net $0.00 -$15.58M $0.00
YoY Change
Pretax Income $18.19M $176.0M $51.50M
YoY Change -64.67% -17.3% -18.51%
Income Tax $8.382M $59.36M -$4.800M
% Of Pretax Income 46.07% 33.72% -9.32%
Net Earnings $9.812M $134.9M $56.30M
YoY Change -82.57% -35.16% 39.04%
Net Earnings / Revenue 0.84% 2.94% 7.86%
Basic Earnings Per Share $2.37 $1.04
Diluted Earnings Per Share $151.0K $2.02 $1.00
COMMON SHARES
Basic Shares Outstanding 66.14M shares 57.05M shares 54.17M shares
Diluted Shares Outstanding 66.84M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $108.3M $108.3M $159.4M
YoY Change -32.04% -32.04% 126.1%
Cash & Equivalents $108.3M $108.3M $159.4M
Short-Term Investments
Other Short-Term Assets $63.47M $63.47M $50.00M
YoY Change 26.94% 26.94% 8.7%
Inventory $1.306B $1.306B $909.2M
Prepaid Expenses
Receivables $126.4M $126.4M $90.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.604B $1.604B $1.209B
YoY Change 32.73% 32.73% 16.63%
LONG-TERM ASSETS
Property, Plant & Equipment $308.1M $599.4M $141.6M
YoY Change 117.52% 41.01% -14.74%
Goodwill $289.8M $70.22M
YoY Change 312.65% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $68.39M $68.39M $33.80M
YoY Change 102.34% 102.34% 126.85%
Total Long-Term Assets $1.389B $1.389B $542.4M
YoY Change 156.12% 156.11% -0.75%
TOTAL ASSETS
Total Short-Term Assets $1.604B $1.604B $1.209B
Total Long-Term Assets $1.389B $1.389B $542.4M
Total Assets $2.993B $2.993B $1.751B
YoY Change 70.95% 70.95% 10.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $135.7M $135.7M $186.1M
YoY Change -27.1% -27.1% 10.71%
Accrued Expenses $659.2M $549.7M $605.9M
YoY Change 8.8% 6.04% 8.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $794.9M $713.2M $792.0M
YoY Change 0.37% -1.15% 8.66%
LONG-TERM LIABILITIES
Long-Term Debt $1.571B $1.571B $190.5M
YoY Change 724.78% 724.78% -17.5%
Other Long-Term Liabilities $81.73M
YoY Change 15.92%
Total Long-Term Liabilities $1.571B $1.653B $190.5M
YoY Change 724.78% 533.3% -17.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $794.9M $713.2M $792.0M
Total Long-Term Liabilities $1.571B $1.653B $190.5M
Total Liabilities $2.480B $2.480B $1.159B
YoY Change 114.0% 114.0% 3.12%
SHAREHOLDERS EQUITY
Retained Earnings $1.144B $1.091B
YoY Change 4.82% 15.1%
Common Stock $1.148B $888.0M
YoY Change 29.23% 1.98%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.766B $1.376B
YoY Change 28.35% 1.97%
Treasury Stock Shares 65.79M shares 57.89M shares
Shareholders Equity $513.3M $513.3M $592.1M
YoY Change
Total Liabilities & Shareholders Equity $2.993B $2.993B $1.751B
YoY Change 70.95% 70.95% 10.63%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $9.812M $134.9M $56.30M
YoY Change -82.57% -35.16% 39.04%
Depreciation, Depletion And Amortization $47.27M $67.09M $13.60M
YoY Change 247.57% 20.67% -12.26%
Cash From Operating Activities $66.09M $392.3M -$59.70M
YoY Change -210.71% 65.88% 370.08%
INVESTING ACTIVITIES
Capital Expenditures -$16.57M $62.45M -$11.90M
YoY Change 39.28% 80.78% 29.35%
Acquisitions $1.274B
YoY Change 181832.57%
Other Investing Activities $15.00K -$1.274B $14.20M
YoY Change -99.89% -9262.04% -73.06%
Cash From Investing Activities -$16.56M -$1.336B $2.300M
YoY Change -819.96% 6382.16% -94.72%
FINANCING ACTIVITIES
Cash Dividend Paid $71.51M
YoY Change 13.29%
Common Stock Issuance & Retirement, Net $390.1M
YoY Change 1368.13%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -99.90M $892.8M -11.80M
YoY Change 746.63% -804.8% -65.8%
NET CHANGE
Cash From Operating Activities 66.09M $392.3M -59.70M
Cash From Investing Activities -16.56M -$1.336B 2.300M
Cash From Financing Activities -99.90M $892.8M -11.80M
Net Change In Cash -50.37M -$51.12M -69.20M
YoY Change -27.22% -157.46% 1822.22%
FREE CASH FLOW
Cash From Operating Activities $66.09M $392.3M -$59.70M
Capital Expenditures -$16.57M $62.45M -$11.90M
Free Cash Flow $82.67M $329.8M -$47.80M
YoY Change -272.95% 63.33% 1265.71%

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362708000 USD
CY2020Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
320583000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
296535000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
285354000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
113943000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
176410000 USD
CY2021Q4 rcii Secured Debt Net
SecuredDebtNet
1135207000 USD
CY2020Q4 rcii Secured Debt Net
SecuredDebtNet
190490000 USD
CY2021Q4 rcii Senior Notes Net
SeniorNotesNet
435992000 USD
CY2020Q4 rcii Senior Notes Net
SeniorNotesNet
0 USD
CY2021Q4 us-gaap Liabilities
Liabilities
2480051000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
1158900000 USD
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
124398373 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
112180517 shares
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
1065000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
1105000 USD
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1146509000 USD
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
886902000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1143647000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1091010000 USD
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
58227367 shares
CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
57891859 shares
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1765574000 USD
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1375541000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-12371000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-11396000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
513276000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
592080000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2993327000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1750980000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
286517000 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
CY2020 us-gaap Net Income Loss
NetIncomeLoss
208115000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-726000 USD
CY2020 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
26586000 USD
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
10280000 USD
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-5270000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
12284000 USD
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
64211000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
592080000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
134940000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-975000 USD
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
390112000 USD
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12054000 USD
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-20903000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
147554000 USD
CY2021 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
82303000 USD
CY2021 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
120941000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
513276000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
134940000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
208115000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
173546000 USD
CY2021 rcii Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
1216735000 USD
CY2020 rcii Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
633695000 USD
CY2019 rcii Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
619353000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
14397000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
14635000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15077000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
147554000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
12284000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
6958000 USD
CY2021 us-gaap Depreciation
Depreciation
67091000 USD
CY2020 us-gaap Depreciation
Depreciation
55597000 USD
CY2019 us-gaap Depreciation
Depreciation
60592000 USD
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-353000 USD
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-18215000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
23537000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
102742000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1070000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
723000 USD
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6008000 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1577000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2987000 USD
CY2021 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
9926000 USD
CY2020 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
0 USD
CY2019 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
2168000 USD
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
48315000 USD
CY2020 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-6605000 USD
CY2019 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
55257000 USD
CY2021 rcii Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
1273734000 USD
CY2020 rcii Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
736444000 USD
CY2019 rcii Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
651487000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
25516000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
20674000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
28855000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12766000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3963000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3185000 USD
CY2021 rcii Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
-2712000 USD
CY2020 rcii Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
1543000 USD
CY2019 rcii Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
-4366000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-66419000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
17943000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
54282000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
19960000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
42600000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-79199000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
392298000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
236502000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
215416000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
62450000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
34545000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21157000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4000 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
14477000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
69717000 USD
CY2021 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2020 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
158000 USD
CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1113000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1273528000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
700000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
28915000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1335974000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20610000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
20758000 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
390112000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
26572000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1292000 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12054000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10280000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6799000 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
20903000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5270000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1733000 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
47622000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
8454000 USD
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1780000000 USD
CY2020 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
198000000 USD
CY2019 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
305400000 USD
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
369063000 USD
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
240000000 USD
CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
608640000 USD
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
71505000 USD
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
63119000 USD
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
13707000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
892849000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-126681000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-321627000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-289000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-256000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
556000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-51116000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
88955000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-84897000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
159449000 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
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
108333000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
159449000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
70494000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
51071000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
14222000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
32114000 USD
CY2021 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
1571000 USD
CY2020 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
32318000 USD
CY2019 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
2074000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
19340000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
51569000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
24332000 USD
CY2021Q4 rcii Numberofcompanyownedstoresnationwideandin Canadaand Puerto Rico
NumberofcompanyownedstoresnationwideandinCanadaandPuertoRico
1846 store
CY2021Q4 rcii Numberofretailinstallmentsalesstores
Numberofretailinstallmentsalesstores
45 store
CY2021Q4 rcii Numberofstoresin Mexico
NumberofstoresinMexico
123 store
CY2021Q4 rcii Numberof Franchisedstores
NumberofFranchisedstores
466 store
CY2021Q4 rcii Numberofstateswith Franchisedstores
NumberofstateswithFranchisedstores
32
CY2021 rcii Minimum Periodin Heldfor Rentstatusneededfordepreciationofmerchandise
MinimumPeriodinHeldforRentstatusneededfordepreciationofmerchandise
P180D
CY2021 rcii Maximum Periodusedfordepreciationof Merchandise Heldfor Rent
MaximumPeriodusedfordepreciationofMerchandiseHeldforRent
P18M
CY2021 rcii Maximum Periodusedfordepreciationofsmartphones Heldfor Rent
MaximumPeriodusedfordepreciationofsmartphonesHeldforRent
P18M
CY2021 rcii Minimum Periodin Heldfor Rentstatusneededfordepreciationofsmartphones
MinimumPeriodinHeldforRentstatusneededfordepreciationofsmartphones
P90D
CY2021 rcii Maximumperiodofpastduerequiredtochargeoffremainingbookvalueofrentalmerchandisefor Rent A Centerand Mexicosegments
MaximumperiodofpastduerequiredtochargeoffremainingbookvalueofrentalmerchandiseforRentACenterandMexicosegments
P90D
CY2021 rcii Maximumperiodofpastduerequiredtochargeoffremainingbookvalueofrentalmerchandisefor Preferred Leasesegment
MaximumperiodofpastduerequiredtochargeoffremainingbookvalueofrentalmerchandiseforPreferredLeasesegment
P150D
CY2021 rcii Reserves For Merchandise Losses
ReservesForMerchandiseLosses
98200000 USD
CY2020 rcii Reserves For Merchandise Losses
ReservesForMerchandiseLosses
58100000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
73900000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
50900000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
58800000 USD
CY2021 rcii Vendor Allowances
VendorAllowances
21600000 USD
CY2021 rcii Minimum Periodof Past Due Requiredto Charge Offinstallment Notes
MinimumPeriodofPastDueRequiredtoChargeOffinstallmentNotes
P120D
CY2021 rcii Maximumperiodincurrentstatusallowedto Franchiseesforpaymentofreceivables
MaximumperiodincurrentstatusallowedtoFranchiseesforpaymentofreceivables
P30D
CY2021 rcii Minimumperiodofpastduerequiredtowriteoffreceivablesfrom Franchisees
MinimumperiodofpastduerequiredtowriteoffreceivablesfromFranchisees
P90D
CY2021 rcii Amortizationperiodforacquiredcustomerrelationships
Amortizationperiodforacquiredcustomerrelationships
P21M
CY2021 rcii Amortizationperiodforvendorrelationshipsminimum
Amortizationperiodforvendorrelationshipsminimum
P7Y
CY2021 rcii Amortizationperiodforvendorrelationshipsmaximum
Amortizationperiodforvendorrelationshipsmaximum
P10Y
CY2020 rcii Vendor Allowances
VendorAllowances
24800000 USD
CY2019 rcii Vendor Allowances
VendorAllowances
21200000 USD
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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>
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. However, uncertainties, including future unknown impacts of the COVID-19 pandemic, may affect certain estimates and assumptions inherent in the financial reporting process, which may impact reported amounts of assets and liabilities in future periods and cause actual results to differ from those estimates.</span></div>
CY2020 rcii Other Store Revenue
OtherStoreRevenue
3845000 USD
CY2019Q3 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Consideration Transferred
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred
900000 USD
CY2019Q3 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y
CY2021 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
CY2021 rcii Rentals And Fees
RentalsAndFees
3522453000 USD
CY2021 rcii Merchandise Sales
MerchandiseSales
829222000 USD
CY2021 rcii Installment Sales
InstallmentSales
73585000 USD
CY2021 rcii Other Store Revenue
OtherStoreRevenue
4148000 USD
CY2021 rcii Storerevenues
Storerevenues
4429408000 USD
CY2021 rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
126856000 USD
CY2021 rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
27187000 USD
CY2021 us-gaap Revenues
Revenues
4583451000 USD
CY2020 rcii Rentals And Fees
RentalsAndFees
2263091000 USD
CY2020 rcii Merchandise Sales
MerchandiseSales
378717000 USD
CY2020 rcii Installment Sales
InstallmentSales
68500000 USD
CY2020 rcii Storerevenues
Storerevenues
2714153000 USD
CY2020 rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
80023000 USD
CY2020 rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
20015000 USD
CY2020 us-gaap Revenues
Revenues
2814191000 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
CY2021Q4 rcii Rental Purchase Agreement Deferred Revenue
RentalPurchaseAgreementDeferredRevenue
51700000 USD
CY2020Q4 rcii Rental Purchase Agreement Deferred Revenue
RentalPurchaseAgreementDeferredRevenue
45800000 USD
CY2021Q4 rcii Other Deferred Revenue
OtherDeferredRevenue
2600000 USD
CY2020Q4 rcii Other Deferred Revenue
OtherDeferredRevenue
3100000 USD
CY2021Q4 rcii Franchise Fee Deferred Revenue
FranchiseFeeDeferredRevenue
4100000 USD
CY2020Q4 rcii Franchise Fee Deferred Revenue
FranchiseFeeDeferredRevenue
4700000 USD
CY2021 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
12200000 USD
CY2020 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
11500000 USD
CY2019 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
10800000 USD
CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
134857000 USD
CY2020Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
98050000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8479000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8047000 USD
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
126378000 USD
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
90003000 USD
CY2021Q4 rcii Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
132984000 USD
CY2020Q4 rcii Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
146266000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
646715000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
557453000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8047000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5601000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4883000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
14397000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15077000 USD
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
13965000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
12190000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
14359000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8479000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8047000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5601000 USD
CY2020Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
7269000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
865551000 USD
CY2021Q4 rcii Capitalized Software Costin Constructionin Progress
CapitalizedSoftwareCostinConstructioninProgress
21600000 USD
CY2021Q4 rcii Rental Merchandiseon Rent Cost
RentalMerchandiseonRentCost
1894247000 USD
CY2020Q4 rcii Rental Merchandiseon Rent Cost
RentalMerchandiseonRentCost
1169333000 USD
CY2021Q4 rcii Rental Merchandiseon Rent Accumulated Depreciation
RentalMerchandiseonRentAccumulatedDepreciation
721223000 USD
CY2020Q4 rcii Rental Merchandiseon Rent Accumulated Depreciation
RentalMerchandiseonRentAccumulatedDepreciation
406447000 USD
CY2021Q4 rcii Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
1173024000 USD
CY2020Q4 rcii Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
762886000 USD
CY2021Q4 rcii Rental Merchandise Heldfor Rent Cost
RentalMerchandiseHeldforRentCost
155832000 USD
CY2020Q4 rcii Rental Merchandise Heldfor Rent Cost
RentalMerchandiseHeldforRentCost
165879000 USD
CY2021Q4 rcii Rental Merchandise Heldfor Rent Accumulated Depreciation
RentalMerchandiseHeldforRentAccumulatedDepreciation
22848000 USD
CY2020Q4 rcii Rental Merchandise Heldfor Rent Accumulated Depreciation
RentalMerchandiseHeldforRentAccumulatedDepreciation
19613000 USD
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
468011000 USD
CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
279141000 USD
CY2021Q4 rcii Buildingand Leasehold Improvements
BuildingandLeaseholdImprovements
199280000 USD
CY2020Q4 rcii Buildingand Leasehold Improvements
BuildingandLeaseholdImprovements
196179000 USD
CY2021Q4 rcii Furnitureand Equipment
FurnitureandEquipment
172418000 USD
CY2020Q4 rcii Furnitureand Equipment
FurnitureandEquipment
163623000 USD
CY2021Q4 rcii Transportation Equipment
TransportationEquipment
549000 USD
CY2020Q4 rcii Transportation Equipment
TransportationEquipment
503000 USD
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
25293000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
505074000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
308098000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
141641000 USD
CY2020Q4 rcii Capitalized Software Costin Constructionin Progress
CapitalizedSoftwareCostinConstructioninProgress
4800000 USD
CY2021 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
12300000 USD
CY2020 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
9500000 USD
CY2019 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
6000000 USD
CY2021 us-gaap Sublease Income
SubleaseIncome
11806000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
9727000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
7683000 USD
CY2021 us-gaap Lease Cost
LeaseCost
117713000 USD
CY2020 us-gaap Lease Cost
LeaseCost
131695000 USD
CY2019 us-gaap Lease Cost
LeaseCost
149853000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
33700000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
34600000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
107588000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
113243000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
120826000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
17266000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
22339000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
27402000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
100779000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
104771000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
78250000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.060
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.068
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.077
CY2021 rcii Weightedaverageremainingleaseterm
Weightedaverageremainingleaseterm
P4Y
CY2020 rcii Weightedaverageremainingleaseterm
Weightedaverageremainingleaseterm
P4Y
CY2019 rcii Weightedaverageremainingleaseterm
Weightedaverageremainingleaseterm
P4Y
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
106505000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
83248000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
64693000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
47248000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
23077000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
17266000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
342037000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
45502000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
296535000 USD
CY2021Q4 rcii Operating Lease Number Of Units
OperatingLeaseNumberOfUnits
500 store
CY2021 rcii Covid Rent Abatement
COVIDRentAbatement
2300000 USD
CY2021 rcii Covid Rent Deferral
COVIDRentDeferral
2100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
616518000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
70217000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
70217000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
241774000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-22241000 USD
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0 USD
CY2021Q4 us-gaap Goodwill
Goodwill
289750000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
70217000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
191360000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
96487000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
88618000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
102742000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1070000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
723000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
65850000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
57938000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
46350000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
44604000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
44604000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
165812000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
425158000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1041000 USD
CY2021Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
89621000 USD
CY2020Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
94744000 USD
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
71376000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
61066000 USD
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
49708000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
48038000 USD
CY2021Q4 rcii Accrued Compensationexcludes Payroll Taxes
AccruedCompensationexcludesPayrollTaxes
46750000 USD
CY2020Q4 rcii Accrued Compensationexcludes Payroll Taxes
AccruedCompensationexcludesPayrollTaxes
48027000 USD
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
27801000 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
17003000 USD
CY2021Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
22500000 USD
CY2020Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
5440000 USD
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
11993000 USD
CY2021Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
10349000 USD
CY2020Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
9437000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
32610000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
35787000 USD
CY2021Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
362708000 USD
CY2020Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
320583000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
176042000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
212859000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
212406000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
18262000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
9920000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
11377000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
194304000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
222779000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
223783000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.116
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.074
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.028
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.043
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.020
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
-0.003
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.003
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.024
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.008
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.027
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.028
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.003
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.003
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
-0.007
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.002
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.002
CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.011
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.027
CY2021 rcii Benefit Of Cares Act
BenefitOfCARESAct
0
CY2020 rcii Benefit Of Cares Act
BenefitOfCARESAct
-0.075
CY2019 rcii Benefit Of Cares Act
BenefitOfCARESAct
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.071
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.093
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.012
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.008
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.008
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.306
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.066
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.224
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
56716000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-7398000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
14354000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-6996000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
15106000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4735000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
528000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3690000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1608000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
796000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
11398000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
20697000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-5672000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
12576000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
37309000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1205000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2956000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
16439000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-7545000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-15653000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2161000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
47966000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6033000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
55909000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
59364000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14664000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50237000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
35834000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
32834000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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48659000 USD
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CY2021 us-gaap Loss Contingency Disclosures
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Contingencies From time to time, we, along with our subsidiaries, are party to various legal proceedings and governmental inquiries 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 <div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">basis. We do not currently expect these losses to have a material impact on our consolidated financial statements if and when such losses are incurred. Nevertheless, we cannot predict the impact of future developments affecting our claims and lawsuits, and any resolution of a claim or lawsuit or reserve within a particular fiscal period may materially and adversely impact our results of operations for that period. In addition, claims and lawsuits against us may seek injunctive or other relief that requires changes to our business practices or operations and it is possible that any required changes may materially and adversely impact our business, financial condition, results of operations or reputation.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Unclaimed Property.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> We are subject to unclaimed property audits by states in the ordinary course of business. The property subject to review in the audit process includes 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 and believe we are in compliance with applicable escheat laws.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Acima Consumer Financial Protection Bureau investigation. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Prior to the execution of the definitive agreement to acquire Acima Holdings, Acima Holdings received a Civil Investigative Demand dated October 1, 2020 (the “CID”) from the Consumer Financial Protection Bureau (the “CFPB”) requesting certain information, documents and data relating to Acima Holding’s products, services and practices for the period from January 1, 2015 to the date on which responses to the CID are provided in full. The purpose of the CID is to determine whether Acima Holdings extends credit, offers leases, or otherwise offers or provides a consumer financial product or service and whether Acima Holdings complies with certain consumer financial protection laws. We are fully cooperating with the CFPB investigation and are continuing to produce records in response to requests of the CFPB. The CFPB has not made any allegations in the investigation, and we are currently unable to predict the eventual scope, ultimate timing or outcome of the CFPB investigation.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On the terms and subject to the conditions set forth in the definitive agreement to acquire Acima Holdings, the former owners of Acima Holdings have agreed to indemnify Rent-A-Center for certain losses arising after the consummation of the transaction with respect to the CID and certain pre-closing taxes. The indemnification obligations of the former owners of Acima Holdings are limited to an indemnity holdback in the aggregate amount of $50 million, which was escrowed at the closing of the transaction, and will be Rent-A-Center’s sole recourse against the former owners of Acima Holdings with respect to all of the indemnifiable claims under the definitive transaction agreement. Other than with respect to any pending or unresolved claims for indemnification submitted by Rent-A-Center prior to such time, and subject to other limited exceptions, the escrowed amount will be released to the former owners of Acima Holdings as follows: (i) in respect of the CID, on the earlier of February 17, 2024 and the date on which a final determination is entered providing for a resolution of the matters regarding the CID and (ii) in respect of certain pre-closing taxes, on August 18, 2022, the first business day following the date that is 18 months after the closing date of the transaction.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">There can be no assurance that the CID will be finally resolved prior to the release to the former owners of Acima Holdings of the escrowed funds reserved therefor, or that such escrowed amount will be sufficient to address all covered losses or that the CFPB’s ongoing investigation or future exercise of its enforcement, regulatory, discretionary or other powers will not result in findings or alleged violations of consumer financial protection laws that could lead to enforcement actions, proceedings or litigation, whether by the CFPB, other state or federal agencies, or other parties, and the imposition of damages, fines, penalties, restitution, other monetary liabilities, sanctions, settlements or changes to Acima Holdings’ business practices or operations that could materially and adversely affect our business, financial condition, results of operations or reputation.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">California Attorney General.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> The California Attorney General (the “CAG”) issued an investigative subpoena in 2018 seeking information with respect to certain of our Acceptance Now business practices (now part of the Acima segment). Since receiving such demand, we have cooperated with the CAG in connection with its investigation and made several productions of requested documents. In March 2020, the CAG put forth proposed settlement terms to address alleged violations of California law. The CAG’s allegations include those with respect to certain consumer fees, charges and communications in connection with our lease-to-own transactions. The CAG’s proposed settlement terms include civil penalties, disgorgement of certain revenues, additional training requirements, and changes to certain business practices. In November 2021, the parties reached an agreement in principle regarding the potential resolution of this matter. Final settlement remains subject to the negotiation and execution of applicable documentation. We are currently unable to predict the ultimate timing of entering binding settlement documentation, and it remains possible that the parties will be unable to agree on the settlement documentation.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Massachusetts Attorney General.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> The Massachusetts Attorney General (the “MAG”) issued a civil investigative demand in 2018 seeking information with respect to certain of our business practices, including regarding account management and certain other business practices in connection with our lease-to-own transactions. Since receiving such demand, we have cooperated with the MAG in connection with its investigation. In June 2021, the MAG provided us with proposed settlement terms including a monetary payment, injunctive provisions regarding certain business practices and compliance requirements. We are continuing to cooperate with the MAG and to discuss resolution of the inquiry with the MAG. We are currently unable to predict the ultimate timing or outcome of the MAG investigation.</span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">State Attorneys General Investigation.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> On November 1, 2021, Acima received a letter from the Nebraska Attorney General’s office stating that the Attorney General of Nebraska, along with a coalition of thirty-eight state Attorneys General, initiated a multistate investigation into the business acts and practices of Acima and that a civil investigative demand(s) and/or subpoena(s) pursuant to respective state consumer protection laws will be forthcoming. Since receiving the letter, we have held multiple discussions with officials at the lead attorneys general offices and, based on those discussions, it is our understanding that the investigation is looking at business practices within the virtual lease-to-own industry and includes or will include multiple companies. Acima is cooperating with the investigation process. As of the date of filing this Form 10-K, we have not yet received a civil investigative demand or subpoena and no specific allegations have been made against Acima pursuant to the investigation. We are currently unable to predict the eventual scope, timing or outcome of this matter.</span>
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
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50.33
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5500000 USD
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DefinedContributionPlanCostRecognized
6600000 USD
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0.50
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0.50
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160000 USD
CY2019 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
150000 USD
CY2021 us-gaap Deferred Compensation Arrangement With Individual Cash Awards Granted Percentage
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0.50
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0.06
CY2021 rcii Discretionary Contributionunder Deferred Compensation Plan
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0.50
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0.069
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0.082
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2669852000 USD
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280539000 USD
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237336000 USD
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253859000 USD
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54830000 USD
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56658000 USD
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62450000 USD
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21157000 USD
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762886000 USD
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697270000 USD
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132984000 USD
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RentalMerchandiseHeldForRentNet
146266000 USD
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138418000 USD
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2993327000 USD
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1750980000 USD
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1582798000 USD
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2224402000 USD
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4583451000 USD
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2263091000 USD
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2814191000 USD
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Revenues
2669852000 USD
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NetIncomeLoss
134940000 USD
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NetIncomeLoss
208115000 USD
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173546000 USD
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57053000 shares
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1567000 shares
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1630000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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54187000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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54325000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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9786000 shares
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66839000 shares
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WeightedAverageNumberOfDilutedSharesOutstanding
55754000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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55955000 shares
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2.37
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EarningsPerShareBasic
3.84
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EarningsPerShareBasic
3.19
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EarningsPerShareDiluted
2.02
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EarningsPerShareDiluted
3.73
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EarningsPerShareDiluted
3.10
CY2021 dei Auditor Name
AuditorName
Ernst & Young, LLP
CY2021 dei Auditor Location
AuditorLocation
Dallas, TX
CY2021 dei Auditor Firm
AuditorFirmId
42

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