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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities      
Net earnings $ (866,628) $ 96,422 $ 128,757
Adjustments to reconcile net earnings to net cash provided by operating activities      
Depreciation of rental merchandise 718,100 685,115 652,161
Bad debt expense 15,260 15,509 14,589
Stock-based compensation expense 9,541 6,559 6,456
Depreciation of property assets 76,429 78,747 76,451
Loss on sale or disposal of property assets 11,897 10,363 1,499
Goodwill impairment charge 1,170,000 0 1,068
Amortization of intangibles 3,333 2,955 2,491
Amortization of financing fees 3,126 3,218 3,191
Deferred income taxes (231,710) 26,796 24,020
Tax benefits related to stock option exercises (86) (331) (406)
Changes in operating assets and liabilities, net of effects of acquisitions      
Rental merchandise (622,149) (796,672) (767,680)
Receivables (19,088) (21,823) (19,248)
Prepaid expenses and other assets 31,636 (130,690) (9,798)
Accounts payable - trade (45,523) 21,440 19,373
Accrued liabilities (23,650) 21,505 1,418
Net cash provided by operating activities 230,488 19,113 134,342
Cash flows from investing activities      
Purchase of property assets (80,870) (83,785) (108,367)
Proceeds from sale of property assets 15,964 14,474 19,973
Acquisitions of businesses (25,170) (27,354) (41,236)
Net cash used in investing activities (90,076) (96,665) (129,630)
Cash flows from financing activities      
Purchase of treasury stock 0 0 (217,421)
Exercise of stock options 1,485 4,647 11,932
Tax benefit related to stock option exercises (86) (331) (406)
Proceeds from debt 531,180 772,860 908,145
Repayments of debt (605,620) (646,323) (679,370)
Dividends paid (51,011) (48,663) (46,809)
Net cash used in financing activities (123,880) 82,852 (23,117)
Effect of exchange rate changes on cash (2,295) (1,448) (408)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 14,237 3,852 (18,813)
Cash and cash equivalents at beginning of year 46,126 42,274 61,087
Cash and cash equivalents at end of year 60,363 46,126 42,274
Cash paid during the year for:      
Interest 49,386 48,064 36,897
Income taxes (excludes $116,337, $3,372 and $2,426 of income taxes refunded in 2015, 2014 and 2013, respectively) $ 128,083 $ 146,250 $ 52,255