2012 Q2 Form 10-Q Financial Statement

#000119312512318655 Filed on July 27, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $749.7M $698.3M
YoY Change 7.37% 3.98%
Cost Of Revenue $222.7M $191.9M
YoY Change 16.06% 10.35%
Gross Profit $527.0M $506.4M
YoY Change 4.07% 1.74%
Gross Profit Margin 70.29% 72.52%
Selling, General & Admin $446.5M $427.1M
YoY Change 4.54% 3.34%
% of Gross Profit 84.73% 84.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.34M $153.2M
YoY Change -88.03% 7.28%
% of Gross Profit 3.48% 30.26%
Operating Expenses $447.9M $433.2M
YoY Change 3.4% -26.42%
Operating Profit $79.03M $73.15M
YoY Change 8.03% -11.69%
Interest Expense $8.343M $9.613M
YoY Change -13.21% 58.87%
% of Operating Profit 10.56% 13.14%
Other Income/Expense, Net
YoY Change
Pretax Income $70.81M $63.78M
YoY Change 11.02% -17.11%
Income Tax $26.62M $23.89M
% Of Pretax Income 37.6% 37.46%
Net Earnings $44.18M $39.89M
YoY Change 10.77% -16.6%
Net Earnings / Revenue 5.89% 5.71%
Basic Earnings Per Share $0.75 $0.64
Diluted Earnings Per Share $0.74 $0.63
COMMON SHARES
Basic Shares Outstanding 59.16M shares 62.45M shares
Diluted Shares Outstanding 59.58M shares 63.15M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $101.1M $74.00M
YoY Change 36.62% -0.13%
Cash & Equivalents $101.1M $74.03M
Short-Term Investments
Other Short-Term Assets $70.20M $66.90M
YoY Change 4.93% 47.68%
Inventory
Prepaid Expenses
Receivables $45.40M $44.60M
Other Receivables $0.00 $0.00
Total Short-Term Assets $216.7M $185.5M
YoY Change 16.82% 0.27%
LONG-TERM ASSETS
Property, Plant & Equipment $299.3M $250.6M
YoY Change 19.45% 23.2%
Goodwill $1.339B $1.324B
YoY Change 1.19% 4.42%
Intangibles
YoY Change
Long-Term Investments $189.2M $194.2M
YoY Change -2.57% -2.22%
Other Assets
YoY Change
Total Long-Term Assets $2.573B $2.458B
YoY Change 4.66% 10.44%
TOTAL ASSETS
Total Short-Term Assets $216.7M $185.5M
Total Long-Term Assets $2.573B $2.458B
Total Assets $2.789B $2.644B
YoY Change 5.51% 9.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $92.30M $64.30M
YoY Change 43.55% 12.41%
Accrued Expenses $294.8M $285.0M
YoY Change 3.44% 0.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $387.1M $349.3M
YoY Change 10.82% 2.61%
LONG-TERM LIABILITIES
Long-Term Debt $667.8M $661.5M
YoY Change 0.95% 6.28%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $667.8M $661.5M
YoY Change 0.95% 6.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $387.1M $349.3M
Total Long-Term Liabilities $667.8M $661.5M
Total Liabilities $1.356B $1.273B
YoY Change 6.55% 20.33%
SHAREHOLDERS EQUITY
Retained Earnings $1.746B $1.617B
YoY Change 7.98% 9.54%
Common Stock $772.8M $746.6M
YoY Change 3.51% 6.57%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.085B $997.0M
YoY Change 8.83% 20.67%
Treasury Stock Shares 49.19M shares 45.78M shares
Shareholders Equity $1.433B $1.371B
YoY Change
Total Liabilities & Shareholders Equity $2.789B $2.644B
YoY Change 5.51% 9.66%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $44.18M $39.89M
YoY Change 10.77% -16.6%
Depreciation, Depletion And Amortization $18.34M $153.2M
YoY Change -88.03% 7.28%
Cash From Operating Activities $22.60M $23.40M
YoY Change -3.42% 42.68%
INVESTING ACTIVITIES
Capital Expenditures -$20.90M -$32.10M
YoY Change -34.89% 134.31%
Acquisitions
YoY Change
Other Investing Activities -$100.0K -$500.0K
YoY Change -80.0% -44.44%
Cash From Investing Activities -$21.00M -$32.50M
YoY Change -35.38% 122.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.200M -61.70M
YoY Change -88.33% 422.88%
NET CHANGE
Cash From Operating Activities 22.60M 23.40M
Cash From Investing Activities -21.00M -32.50M
Cash From Financing Activities -7.200M -61.70M
Net Change In Cash -5.600M -70.80M
YoY Change -92.09% 608.0%
FREE CASH FLOW
Cash From Operating Activities $22.60M $23.40M
Capital Expenditures -$20.90M -$32.10M
Free Cash Flow $43.50M $55.50M
YoY Change -21.62% 84.39%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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48320000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
92000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
394000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-48622000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
16543000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6888000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
2093000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
24000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
266800000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
339720000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
18978000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-99484000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
33000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
13066000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
70727000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
74031000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
175000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-108639000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
793000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
92695000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
181445000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
3304000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
7621000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
24966000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
141875000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
6456000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-60100000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
59216000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1016000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
132000 USD
rcii Increase Decrease In Rental Merchandise
IncreaseDecreaseInRentalMerchandise
-304941000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8685000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-12420000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
102672000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-61735000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
171250000 USD
us-gaap Depreciation
Depreciation
31831000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1990000 USD
rcii Depreciation Of Rental Merchandise
DepreciationOfRentalMerchandise
268369000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
42648000 USD
us-gaap Future Amortization Expense After Year Five
FutureAmortizationExpenseAfterYearFive
4130000 USD
us-gaap Finite Lived Intangible Assets Future Amortization Expense
FiniteLivedIntangibleAssetsFutureAmortizationExpense
9148000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
632000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-6456000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
64000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2523000 USD
CY2012Q2 rcii Number Of Company Owned Stores
NumberOfCompanyOwnedStores
2973
CY2012Q2 rcii Number Of Retail Installment Sales Stores
NumberOfRetailInstallmentSalesStores
40
CY2012Q2 rcii Number Of Kiosk Locations
NumberOfKioskLocations
811
CY2012Q2 rcii Number Of Stores In Canada
NumberOfStoresInCanada
32
CY2012Q2 rcii Number Of Stores In Mexico
NumberOfStoresInMexico
67
CY2012Q2 rcii Number Of Franchised Stores
NumberOfFranchisedStores
219
CY2012Q2 rcii Number Of States With Franchised Stores
NumberOfStatesWithFranchisedStores
33
CY2012Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
84380000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
75232000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
84290000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
72560000 USD
us-gaap Future Amortization Expense Year One
FutureAmortizationExpenseYearOne
1884000 USD
us-gaap Future Amortization Expense Year Two
FutureAmortizationExpenseYearTwo
1425000 USD
us-gaap Future Amortization Expense Year Three
FutureAmortizationExpenseYearThree
573000 USD
us-gaap Future Amortization Expense Year Four
FutureAmortizationExpenseYearFour
568000 USD
us-gaap Future Amortization Expense Year Five
FutureAmortizationExpenseYearFive
568000 USD
CY2010Q4 us-gaap Goodwill
Goodwill
1320467000 USD
CY2012Q2 rcii Consolidated Funded Debt Outstanding
ConsolidatedFundedDebtOutstanding
573900000 USD
CY2012Q2 rcii Consolidated Ebitda
ConsolidatedEBITDA
394900000 USD
CY2012Q2 rcii Consolidated Funded Debt Definition
ConsolidatedFundedDebtDefinition
25000000 USD
CY2012Q2 rcii Adjusted Consolidated Ebitda
AdjustedConsolidatedEBITDA
538100000 USD
CY2012Q2 rcii Consolidated Fixed Charges
ConsolidatedFixedCharges
331400000 USD
CY2012Q2 rcii Our Voting Stock Third Party Ownership Percentage
OurVotingStockThirdPartyOwnershipPercentage
0.350
CY2012Q2 rcii Event Of Default Allowed Period For Judgment
EventOfDefaultAllowedPeriodForJudgment
30
CY2012Q2 rcii Required Maximum Consolidated Leverage Ratio
RequiredMaximumConsolidatedLeverageRatio
3.25
us-gaap Goodwill Allocation Adjustment
GoodwillAllocationAdjustment
245000 USD
us-gaap Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
Interest periods range from seven days (for borrowings under the revolving credit facility only) to one, two, three or six months, at our election.
us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2016-07-14
CY2012Q2 rcii Senior Credit Facility Maximum Amount
SeniorCreditFacilityMaximumAmount
750000000 USD
CY2012Q2 rcii Term Loan Maximum Borrowing Capacity
TermLoanMaximumBorrowingCapacity
250000000 USD
CY2012Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
500000000 USD
CY2012Q2 rcii Term Loan Amount Outstanding
TermLoanAmountOutstanding
225000000 USD
CY2011Q4 rcii Term Loan Amount Outstanding
TermLoanAmountOutstanding
237500000 USD
CY2011Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
185000000 USD
CY2012Q2 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
125000000 USD
CY2012Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
116200000 USD
CY2012Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
258800000 USD
CY2012Q2 rcii Prime Rate Percentage Minimum
PrimeRatePercentageMinimum
0.005
CY2012Q2 rcii Prime Rate Percentage Maximum
PrimeRatePercentageMaximum
0.015
CY2012Q2 rcii Eurodollar Rate Percentage Minimum
EurodollarRatePercentageMinimum
0.015
CY2012Q2 rcii Eurodollar Rate Percentage Maximum
EurodollarRatePercentageMaximum
0.025
CY2012Q2 rcii Margin On Eurodollar Rate
MarginOnEurodollarRate
0.0175
CY2012Q2 rcii Margin On Prime Rate
MarginOnPrimeRate
0.0075
CY2012Q2 rcii Commitment Fee Percentage Minimum
CommitmentFeePercentageMinimum
0.003
us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.005
CY2012Q2 rcii Covenant Limitation Incur Additional Debt In Excess
CovenantLimitationIncurAdditionalDebtInExcess
250000000 USD
CY2012Q2 rcii Maximum Pro Forma Senior Leverage Ratio
MaximumProFormaSeniorLeverageRatio
2.50
CY2012Q2 rcii Actual Maximum Consolidated Leverage Ratio
ActualMaximumConsolidatedLeverageRatio
1.45
CY2012Q2 rcii Required Minimum Fixed Charge Coverage Ratio
RequiredMinimumFixedChargeCoverageRatio
1.35
CY2012Q2 rcii Actual Minimum Fixed Charge Coverage Ratio
ActualMinimumFixedChargeCoverageRatio
1.62
CY2012Q2 rcii Event Of Default Judgment
EventOfDefaultJudgment
50000000 USD
CY2012Q2 rcii Maximum Fund Drawn On Individual Occasion
MaximumFundDrawnOnIndividualOccasion
100000000 USD
CY2012Q2 rcii Maximum Amount Outstanding
MaximumAmountOutstanding
221000000 USD
CY2012Q2 rcii Pro Forma Consolidated Leverage Ratio
ProFormaConsolidatedLeverageRatio
2.75
rcii Stock Repurchased And Retired Since Inception Of Program Value
StockRepurchasedAndRetiredSinceInceptionOfProgramValue
732000000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
16500000 USD
CY2012Q2 rcii Proceeds To Repay Term Debt
ProceedsToRepayTermDebt
200000000 USD
rcii Event Of Default Failure Of Other Debt Payment In Excess
EventOfDefaultFailureOfOtherDebtPaymentInExcess
50000000 USD
rcii Event Of Default Not Discharged Judgment In Excess
EventOfDefaultNotDischargedJudgmentInExcess
50000000 USD
CY2012Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.06625
rcii Redeemable At Premium
RedeemableAtPremium
1.0331
rcii Percentage Of Original Aggregate Principle
PercentageOfOriginalAggregatePrinciple
1.01
rcii Our Ownership Percentage Of Subsidiary Guarantor
OurOwnershipPercentageOfSubsidiaryGuarantor
1.00
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1158078 shares
CY2012Q2 rcii Number Of Issues In Disagreement With Case Law Applied By Internal Revenue Service
NumberOfIssuesInDisagreementWithCaseLawAppliedByInternalRevenueService
1
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
246000 USD
CY2012Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
318800000 USD
CY2012Q2 rcii Amount Of Difference Between Fair Value And Carrying Value
AmountOfDifferenceBetweenFairValueAndCarryingValue
18800000 USD
CY2011Q4 rcii Amount Of Difference Between Fair Value And Carrying Value
AmountOfDifferenceBetweenFairValueAndCarryingValue
2300000 USD
CY2011Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
302300000 USD
us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
800000000 USD
rcii Stock Repurchased And Retired Since Inception Of Program Shares
StockRepurchasedAndRetiredSinceInceptionOfProgramShares
29811484 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
488731 shares
CY2011 rcii Stock Repurchased And Retired Since Inception Of Program Shares
StockRepurchasedAndRetiredSinceInceptionOfProgramShares
29322753 shares
CY2011 rcii Stock Repurchased And Retired Since Inception Of Program Value
StockRepurchasedAndRetiredSinceInceptionOfProgramValue
715500000 USD
CY2012Q2 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
749698000 USD
CY2012Q2 rcii Segment Gross Profit
SegmentGrossProfit
526973000 USD
CY2012Q2 rcii Segment Operating Profit
SegmentOperatingProfit
79027000 USD
CY2012Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1481000 USD
CY2012Q2 us-gaap Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
20892000 USD
CY2011Q2 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
698253000 USD
CY2011Q2 rcii Segment Gross Profit
SegmentGrossProfit
506355000 USD
CY2011Q2 rcii Segment Operating Profit
SegmentOperatingProfit
73152000 USD
CY2011Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1132000 USD
CY2011Q2 us-gaap Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
32072000 USD
CY2011Q2 us-gaap Number Of Stores
NumberOfStores
3843
CY2012Q2 us-gaap Number Of Stores
NumberOfStores
4102
rcii Royalty Fee Percentage Minimum
RoyaltyFeePercentageMinimum
0.0200
rcii Royalty Fee Percentage Maximum
RoyaltyFeePercentageMaximum
0.0400
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
1584952000 USD
rcii Segment Gross Profit
SegmentGrossProfit
1087390000 USD
rcii Segment Operating Profit
SegmentOperatingProfit
171061000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
2816000 USD
us-gaap Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
48320000 USD
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
1440431000 USD
us-gaap Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
59216000 USD
rcii Segment Gross Profit
SegmentGrossProfit
1029503000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
1990000 USD
rcii Segment Operating Profit
SegmentOperatingProfit
153571000 USD
CY2012Q2 rcii Segment Assets
SegmentAssets
2789383000 USD
CY2011Q4 rcii Segment Assets
SegmentAssets
2801378000 USD
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59160000 shares
CY2012Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
418000 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59578000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
484995 shares
CY2012Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1159842 shares
CY2011Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
489870 shares
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63148000 shares
CY2011Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
698000 shares
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62450000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59206000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
551000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59757000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63720000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62902000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
818000 shares
dei Entity Registrant Name
EntityRegistrantName
RENT A CENTER INC DE
dei Entity Central Index Key
EntityCentralIndexKey
0000933036
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
59037976 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2

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