Stock Repurchase Plan

6 Months Ended

Jun. 30, 2014

Stock Repurchase Plan [Abstract]

Stock Repurchase Plan

Stock Repurchase Plan.

Under our current common stock repurchase program, our Board of Directors has authorized the purchase, from time to time, in the open market and privately negotiated transactions, of up to an aggregate of $1.25 billion of Rent-A-Center common stock. We have repurchased a total of 36,994,653 shares of Rent-A-Center common stock for an aggregate purchase price of $994.8 million as of June 30, 2014, and December 31, 2013, respectively, under our common stock repurchase program. No shares were repurchased during the first or second quarters of 2014.