Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Segment information for the three months ended March 31, 2017 and 2016 is as follows:



	Three Months Ended March 31,
(in thousands)	2017		2016
Revenues
Core U.S.	$	490,899	$	584,365
Acceptance Now	234,546		230,396
Mexico	11,100		13,749
Franchising	5,441		7,142
Total revenues	$	741,986	$	835,652



	Three Months Ended March 31,
(in thousands)	2017		2016
Gross profit
Core U.S.	$	337,954	$	411,889
Acceptance Now	114,429		111,142
Mexico	7,821		9,327
Franchising	2,459		2,586
Total gross profit	$	462,663	$	534,944



	Three Months Ended March 31,
(in thousands)	2017			2016
Operating profit
Core U.S.	$	24,402		$	62,236
Acceptance Now	20,619			29,369
Mexico	161			(2,610		)
Franchising	1,441			1,413
Total segments	46,623			90,408
Corporate	(45,471		)	(41,978		)
Total operating profit	$	1,152		$	48,430



	Three Months Ended March 31,
(in thousands)	2017		2016
Depreciation, amortization and impairment of intangibles
Core U.S.	$	8,108	$	10,892
Acceptance Now	786		837
Mexico	527		939
Franchising	44		45
Total segments	9,465		12,713
Corporate	9,076		7,111
Total depreciation, amortization and impairment of intangibles	$	18,541	$	19,824

We recorded an impairment of intangibles of $3.9 million in the Acceptance Now segment during the first quarter of 2017 that is not included in the table above. The impairment charge was recorded to Other Charges in the Condensed Consolidated Statement of Operations.



	Three Months Ended March 31,
(in thousands)	2017		2016
Capital expenditures
Core U.S.	$	6,108	$	3,771
Acceptance Now	483		292
Mexico	23		147
Total segments	6,614		4,210
Corporate	15,434		10,230
Total capital expenditures	$	22,048	$	14,440

Segment information - Selected balance sheet data:



(in thousands)	March 31, 2017		December 31, 2016
On rent rental merchandise, net
Core U.S.	$	388,871	$	426,845
Acceptance Now	351,672		354,486
Mexico	14,281		13,787
Total on rent rental merchandise, net	$	754,824	$	795,118



(in thousands)	March 31, 2017		December 31, 2016
Held for rent rental merchandise, net
Core U.S.	$	174,453	$	192,718
Acceptance Now	9,447		7,489
Mexico	6,729		6,629
Total held for rent rental merchandise, net	$	190,629	$	206,836



(in thousands)	March 31, 2017		December 31, 2016
Assets by segment
Core U.S.	$	785,800	$	872,551
Acceptance Now	427,541		432,383
Mexico	32,641		31,415
Franchising	2,237		2,197
Total segments	1,248,219		1,338,546
Corporate	246,755		264,195
Total assets	$	1,494,974	$	1,602,741