Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Taxes [Abstract]

Loss Before Income Tax, Domestic and Foreign [Table Text Block]

For financial statement purposes, income (loss) before income taxes by source was comprised of the following:

	Year Ended December 31,
(In thousands)	2018		2017			2016
Domestic	$	11,290	$	(109,615	)	$	(110,347	)
Foreign	2,551		(585		)	(2,927		)
Income (loss) before income taxes	$	13,841	$	(110,200	)	$	(113,274	)

Reconciliation of Income Tax Expense [Table Text Block]

A reconciliation of the federal statutory rate of 21% for 2018 and 35% for 2017 and 2016 to actual follows:

	Year Ended December 31,
	2018		2017		2016
Tax at statutory rate	21.0	%	35.0	%	35.0	%
Tax Cuts and Jobs Act of 2017	—	%	70.3	%	—	%
Goodwill impairment	—	%	—	%	(29.3	)%
State income taxes	17.6	%	(1.8	)%	3.3	%
Effect of foreign operations, net of foreign tax credits	(1.2	)%	3.5	%	(0.2	)%
Effect of current and prior year credits	(31.4	)%	1.7	%	2.9	%
Change in unrecognized tax benefits	10.9	%	—	%	—	%
Other permanent differences	14.9	%	—	%	—	%
Prior year return to provision adjustments	7.3	%	—	%	—	%
Adjustments to deferred taxes	—	%	1.6	%	0.6	%
Valuation allowance	(0.5	)%	(1.6	)%	(6.6	)%
Other, net	—	%	(2.7	)%	1.4	%
Effective income tax rate	38.6	%	106.0	%	7.1	%

Components of Income Tax Expense [Table Text Block]

The components of income tax expense (benefit) are as follows:

	Year Ended December 31,
(In thousands)	2018			2017			2016
Current expense (benefit)
Federal	$	(2,573	)	$	(34,445	)	$	23,752
State	816			1,216			779
Foreign	724			(1,417		)	(582		)
Total current	(1,033		)	(34,646		)	23,949
Deferred expense (benefit)
Federal	4,691			(89,820		)	(27,307		)
State	3,325			9,266			(6,586		)
Foreign	(1,634		)	(1,653		)	1,865
Total deferred	6,382			(82,207		)	(32,028		)
Total income tax expense (benefit)	$	5,349		$	(116,853	)	$	(8,079	)

Deferred Tax Assets [Table Text Block]

Deferred tax assets (liabilities) consist of the following:

	December 31,
(In thousands)	2018			2017
Deferred tax assets
Net operating loss carryforwards	$	56,701		$	38,914
Accrued liabilities	50,558			49,619
Intangible assets	20,346			26,029
Other assets including credits	23,070			11,967
Foreign tax credit carryforwards	6,601			6,601
Total deferred tax assets	157,276			133,130
Valuation allowance	(39,961		)	(40,074		)
Deferred tax assets, net	117,315			93,056
Deferred tax liabilities
Rental merchandise	(177,794		)	(139,425		)
Property assets	(32,571		)	(40,712		)
Other liabilities	(453		)	—
Total deferred tax liabilities	(210,818		)	(180,137		)
Net deferred taxes	$	(93,503	)	$	(87,081	)

Unrecognized Tax Benefits [Table Text Block]

A reconciliation of the beginning and ending amount of unrecognized tax benefits follows:

	Year Ended December 31,
(In thousands)	2018			2017			2016
Beginning unrecognized tax benefit balance	$	37,319		$	33,723		$	27,164
(Reductions) additions based on tax positions related to current year	(206		)	(2,280		)	773
Additions for tax positions of prior years	735			6,688			8,396
Reductions for tax positions of prior years	(488		)	(368		)	(2,246		)
Settlements	(996		)	(444		)	(364		)
Ending unrecognized tax benefit balance	$	36,364		$	37,319		$	33,723