2022 Q3 Form 10-Q Financial Statement

#000093303622000145 Filed on August 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $1.024B $1.071B $1.160B
YoY Change -13.32% -10.28% 11.86%
Cost Of Revenue $518.4M $538.7M $613.6M
YoY Change -15.36% -11.18% 16.6%
Gross Profit $505.5M $532.5M $546.1M
YoY Change -11.12% -9.35% 6.97%
Gross Profit Margin 49.37% 49.71% 47.09%
Selling, General & Admin $394.0M $407.9M $450.4M
YoY Change -1.36% 3.32% 19.75%
% of Gross Profit 77.95% 76.6% 82.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.80M $31.12M $18.25M
YoY Change -72.81% -33.51% 26.2%
% of Gross Profit 2.53% 5.84% 3.34%
Operating Expenses $468.5M $474.5M $535.1M
YoY Change -6.61% -1.35% 21.47%
Operating Profit $37.08M $58.08M $11.04M
YoY Change -44.78% -45.47% -84.23%
Interest Expense $22.96M $19.09M $18.97M
YoY Change 16.3% -6.59% 58.22%
% of Operating Profit 61.93% 32.87% 171.78%
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Pretax Income $14.33M $39.08M -$7.882M
YoY Change -64.69% -54.62% -115.96%
Income Tax $20.11M $19.36M -$3.645M
% Of Pretax Income 140.31% 49.53%
Net Earnings -$5.778M $19.73M -$4.237M
YoY Change -127.17% -67.83% -109.96%
Net Earnings / Revenue -0.56% 1.84% -0.37%
Basic Earnings Per Share -$0.10 $0.37 -$0.08
Diluted Earnings Per Share -$0.10 $0.33 -$0.08
COMMON SHARES
Basic Shares Outstanding 59.20M shares 54.00M shares 53.75M shares
Diluted Shares Outstanding 55.38M shares 59.67M shares 53.75M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $165.6M $112.2M $95.68M
YoY Change 4.28% -22.68% -22.21%
Cash & Equivalents $165.6M $112.2M $95.68M
Short-Term Investments
Other Short-Term Assets $71.28M $59.48M $47.46M
YoY Change 38.45% 26.99% 16.32%
Inventory $1.073B $1.118B $1.145B
Prepaid Expenses
Receivables $113.2M $122.6M $121.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.423B $1.412B $1.409B
YoY Change -11.69% -9.22% -7.9%
LONG-TERM ASSETS
Property, Plant & Equipment $300.1M $298.1M $301.9M
YoY Change -2.97% -2.72% -2.57%
Goodwill $289.8M $289.8M $289.8M
YoY Change -12.78% -15.77% -7.13%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $68.21M $68.34M $68.63M
YoY Change 66.18% 62.94% 82.04%
Total Long-Term Assets $1.346B $1.355B $1.368B
YoY Change -6.71% -8.44% -7.38%
TOTAL ASSETS
Total Short-Term Assets $1.423B $1.412B $1.409B
Total Long-Term Assets $1.346B $1.355B $1.368B
Total Assets $2.769B $2.767B $2.777B
YoY Change -9.34% -8.84% -7.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $139.8M $120.7M $130.7M
YoY Change -6.98% -30.66% -27.34%
Accrued Expenses $618.5M $625.2M $624.9M
YoY Change -6.43% -6.15% -8.26%
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 $758.2M $745.9M $755.6M
YoY Change -6.53% -11.23% -12.25%
LONG-TERM LIABILITIES
Long-Term Debt $1.369B $1.370B $1.401B
YoY Change 6.86% 7.28% 5.12%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.369B $1.370B $1.401B
YoY Change 6.86% 7.28% 5.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $758.2M $745.9M $755.6M
Total Long-Term Liabilities $1.369B $1.370B $1.401B
Total Liabilities $2.220B $2.208B $2.254B
YoY Change 0.95% -0.08% -0.47%
SHAREHOLDERS EQUITY
Retained Earnings $1.094B $1.119B $1.119B
YoY Change -5.27% -3.01% 0.58%
Common Stock $1.262B $1.217B $1.181B
YoY Change 13.98% 15.01% 16.11%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.795B $1.766B $1.766B
YoY Change 28.65% 28.35% 28.35%
Treasury Stock Shares 67.04M shares 65.79M shares 65.79M shares
Shareholders Equity $548.2M $558.8M $523.1M
YoY Change
Total Liabilities & Shareholders Equity $2.769B $2.767B $2.777B
YoY Change -9.34% -8.84% -7.64%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$5.778M $19.73M -$4.237M
YoY Change -127.17% -67.83% -109.96%
Depreciation, Depletion And Amortization $12.80M $31.12M $18.25M
YoY Change -72.81% -33.51% 26.2%
Cash From Operating Activities $125.0M $81.83M $205.3M
YoY Change 65.11% -28.67% 51.18%
INVESTING ACTIVITIES
Capital Expenditures -$18.54M -$14.49M $16.40M
YoY Change -9.45% 3.51% 44.04%
Acquisitions $324.0K
YoY Change -99.97%
Other Investing Activities -$331.0K -$91.00K -$318.0K
YoY Change -11133.33% -98.39% -99.97%
Cash From Investing Activities -$18.87M -$14.58M -$16.72M
YoY Change -7.82% -25.76% -98.69%
FINANCING ACTIVITIES
Cash Dividend Paid $21.11M
YoY Change 23.31%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -52.48M -50.76M -$201.3M
YoY Change 27.56% -30.85% -118.18%
NET CHANGE
Cash From Operating Activities 125.0M 81.83M $205.3M
Cash From Investing Activities -18.87M -14.58M -$16.72M
Cash From Financing Activities -52.48M -50.76M -$201.3M
Net Change In Cash 53.61M 16.49M -$12.65M
YoY Change 281.02% -23.92% -65.28%
FREE CASH FLOW
Cash From Operating Activities $125.0M $81.83M $205.3M
Capital Expenditures -$18.54M -$14.49M $16.40M
Free Cash Flow $143.5M $96.32M $188.9M
YoY Change 49.23% -25.17% 51.83%

Facts In Submission

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CY2021Q4 rcii Senior Notes Net
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1143647000 usd
CY2021Q4 us-gaap Treasury Stock Shares
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CY2022Q2 us-gaap Treasury Stock Shares
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65790667 shares
CY2022Q2 us-gaap Treasury Stock Value
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1765574000 usd
CY2021Q4 us-gaap Treasury Stock Value
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1765574000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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CY2022Q2 us-gaap Stockholders Equity
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558834000 usd
CY2021Q4 us-gaap Stockholders Equity
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CY2022Q2 us-gaap Liabilities And Stockholders Equity
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2767132000 usd
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2993327000 usd
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CY2022Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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41410000 usd
CY2022Q1 us-gaap Dividends Common Stock Cash
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20063000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
523058000 usd
CY2022Q2 us-gaap Net Income Loss
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19725000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
19725000 usd
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
783000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
36438000 usd
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
20104000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
558834000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
592080000 usd
CY2021Q1 us-gaap Net Income Loss
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42552000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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20148000 usd
CY2021Q1 us-gaap Dividends Common Stock Cash
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CY2021Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
120941000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
742187000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
61309000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
896000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1682000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
39566000 usd
CY2021Q2 us-gaap Dividends Common Stock Cash
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20477000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
825164000 usd
us-gaap Net Income Loss
NetIncomeLoss
15488000 usd
us-gaap Net Income Loss
NetIncomeLoss
103861000 usd
rcii Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
637870000 usd
rcii Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
547034000 usd
us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
ShareBasedCompensation
59714000 usd
us-gaap Depreciation
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34854000 usd
us-gaap Depreciation
Depreciation
31782000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-5998000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36881000 usd
us-gaap Amortization Of Intangible Assets
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43712000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3161000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2917000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
0 usd
us-gaap Other Amortization Of Deferred Charges
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4546000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
21320000 usd
rcii Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
449040000 usd
rcii Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
555856000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5711000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6384000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4524000 usd
rcii Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
2449000 usd
rcii Increase Decreaseof Operating Leases Net
IncreaseDecreaseofOperatingLeasesNet
265000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
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us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
15336000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
287121000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
250518000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30895000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
25401000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
417000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1273542000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1260000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10626000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
9436000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
20903000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
46085000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
90000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1490000000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
294375000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
364688000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
39492000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
35054000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1033896000 usd
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
68000 usd
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
152000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3842000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-14377000 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
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
112175000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
145072000 usd
us-gaap Use Of Estimates
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<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: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 condensed consolidated 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, such as the future unknown impacts of the COVID-19 pandemic and other macroeconomic factors, including recent significant increases to the consumer price index, a condensed labor market, wage inflation, and global supply chain issues 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>
CY2022Q2 rcii Rentals And Fees
RentalsAndFees
857298000 usd
CY2022Q2 rcii Merchandise Sales
MerchandiseSales
160769000 usd
CY2022Q2 rcii Installment Sales
InstallmentSales
18548000 usd
CY2022Q2 rcii Other Store Revenue
OtherStoreRevenue
1068000 usd
CY2022Q2 rcii Storerevenues
Storerevenues
1037683000 usd
CY2022Q2 rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
26505000 usd
CY2022Q2 rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
26505000 usd
CY2022Q2 rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
26505000 usd
CY2022Q2 rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
7067000 usd
CY2022Q2 rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
7067000 usd
CY2022Q2 rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
7067000 usd
CY2022Q2 us-gaap Revenues
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1071255000 usd
rcii Rentals And Fees
RentalsAndFees
1740345000 usd
rcii Merchandise Sales
MerchandiseSales
393649000 usd
rcii Installment Sales
InstallmentSales
35637000 usd
rcii Other Store Revenue
OtherStoreRevenue
2358000 usd
rcii Storerevenues
Storerevenues
2171989000 usd
rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
45026000 usd
rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
45026000 usd
rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
45026000 usd
rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
45026000 usd
rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
13961000 usd
rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
13961000 usd
rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
13961000 usd
rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
13961000 usd
us-gaap Revenues
Revenues
2230976000 usd
CY2021Q2 rcii Rentals And Fees
RentalsAndFees
916405000 usd
CY2021Q2 rcii Merchandise Sales
MerchandiseSales
221229000 usd
CY2021Q2 rcii Installment Sales
InstallmentSales
18191000 usd
CY2021Q2 rcii Other Store Revenue
OtherStoreRevenue
1035000 usd
us-gaap Sublease Income
SubleaseIncome
6483000 usd
CY2021Q2 rcii Storerevenues
Storerevenues
1156860000 usd
CY2021Q2 rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
29616000 usd
CY2021Q2 rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
7499000 usd
CY2021Q2 us-gaap Revenues
Revenues
1193975000 usd
rcii Rentals And Fees
RentalsAndFees
1661939000 usd
rcii Merchandise Sales
MerchandiseSales
454022000 usd
rcii Installment Sales
InstallmentSales
35964000 usd
rcii Other Store Revenue
OtherStoreRevenue
1953000 usd
rcii Storerevenues
Storerevenues
2153878000 usd
rcii Franchise Merchandise Sales
FranchiseMerchandiseSales
62671000 usd
rcii Franchise Royalty Income And Fees
FranchiseRoyaltyIncomeAndFees
14208000 usd
us-gaap Revenues
Revenues
2230757000 usd
us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
6100000 usd
us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
6100000 usd
CY2022Q2 us-gaap Sublease Income
SubleaseIncome
1893000 usd
CY2022Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
131820000 usd
CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
134857000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
9226000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8479000 usd
CY2022Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
122594000 usd
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
126378000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8479000 usd
rcii Provisionfordoubtfulaccountsbaddebtexpense
Provisionfordoubtfulaccountsbaddebtexpense
9495000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
8748000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
9226000 usd
CY2021Q2 us-gaap Sublease Income
SubleaseIncome
3134000 usd
us-gaap Sublease Income
SubleaseIncome
4058000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
28790000 usd
CY2021Q2 us-gaap Lease Cost
LeaseCost
31634000 usd
us-gaap Lease Cost
LeaseCost
58242000 usd
us-gaap Lease Cost
LeaseCost
62587000 usd
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
9000000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
17800000 usd
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
8400000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
16900000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
51847000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
53758000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
9179000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
9373000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
57229000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
61824000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.060
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
53278000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
93964000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
76002000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
58590000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
35118000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
26863000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
343815000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
36690000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
307125000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.504
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.495
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.288
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.234
CY2021Q1 rcii Originalissuediscount
Originalissuediscount
4400000 usd
CY2021Q1 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
30200000 usd
CY2021Q3 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1500000 usd
CY2021Q3 rcii Finance Charges From Refinancing
FinanceChargesFromRefinancing
1400000 usd
CY2021Q3 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
5400000 usd
CY2022Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
72200000 usd
us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.00375
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
800000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
4375000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
8750000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
8750000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
8750000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
98750000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
824687000 usd
CY2022Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
954062000 usd
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
1593000 usd
us-gaap Restructuring Charges
RestructuringCharges
4785000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
2410000 usd
CY2022Q2 us-gaap Restructuring Reserve
RestructuringReserve
3968000 usd
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
5181000 usd
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
123816000 usd
CY2022Q2 us-gaap Revenues
Revenues
1071255000 usd
CY2021Q2 us-gaap Revenues
Revenues
1193975000 usd
us-gaap Revenues
Revenues
2230976000 usd
us-gaap Revenues
Revenues
2230757000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
532544000 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
587472000 usd
us-gaap Gross Profit
GrossProfit
1078638000 usd
us-gaap Gross Profit
GrossProfit
1097995000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
58081000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
106519000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
69123000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
176565000 usd
CY2022Q2 rcii Depreciation Amortizationand Writedownof Intangibles
DepreciationAmortizationandWritedownofIntangibles
12880000 usd
CY2021Q2 rcii Depreciation Amortizationand Writedownof Intangibles
DepreciationAmortizationandWritedownofIntangibles
13566000 usd
rcii Depreciation Amortizationand Writedownof Intangibles
DepreciationAmortizationandWritedownofIntangibles
27410000 usd
rcii Depreciation Amortizationand Writedownof Intangibles
DepreciationAmortizationandWritedownofIntangibles
26959000 usd
CY2022Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
14492000 usd
CY2021Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
14013000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
30895000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
25401000 usd
CY2022Q2 rcii Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
977178000 usd
CY2021Q4 rcii Rental Merchandise On Rent Net
RentalMerchandiseOnRentNet
1173024000 usd
CY2022Q2 rcii Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
140770000 usd
CY2021Q4 rcii Rental Merchandise Held For Rent Net
RentalMerchandiseHeldForRentNet
132984000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53875000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57271000 shares
CY2022Q2 us-gaap Assets
Assets
2767132000 usd
CY2021Q4 us-gaap Assets
Assets
2993327000 usd
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5674000 shares
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
rcii Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Performance Based Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPerformanceBasedGrantsInPeriod
687000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
323000 shares
CY2022Q2 us-gaap Escrow Deposit
EscrowDeposit
50000000 usd
us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
15500000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53998000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58295000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
9525000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6021000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
9787000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59672000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67820000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59896000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67058000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.81
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.55

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