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Segment Information Segment Information (Tables)
12 Months Ended
Dec. 31, 2018
Segment Information [Abstract]  
Segment Information [Table Text Block]
Segment information as of and for the years ended December 31, 2018, 2017 and 2016 is as follows:

Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Revenues





Core U.S.
$
1,855,712

 
$
1,835,422


$
2,069,725

Acceptance Now
722,562

 
797,987


817,814

Mexico
49,613

 
47,005


50,927

Franchising
32,578

 
22,126


24,786

Total revenues
$
2,660,465


$
2,702,540


$
2,963,252

 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Gross profit
 
 
 
 
 
Core U.S.
$
1,299,809

 
$
1,276,212

 
$
1,467,679

Acceptance Now
339,616

 
400,002

 
422,381

Mexico
34,364

 
32,592

 
35,549

Franchising
14,379

 
9,736

 
9,440

Total gross profit
$
1,688,168

 
$
1,718,542

 
$
1,935,049

Beginning in 2018, we implemented an intercompany book value adjustment charge for all rental merchandise transfers from Acceptance Now locations to Core U.S. stores. For the twelve months ended December 31, 2018, book value adjustments on intercompany rental merchandise transfers were $12.0 million, resulting in a corresponding increase in gross profit for the Core U.S. and decrease in gross profit for Acceptance Now.
 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Operating profit (loss)
 
 
 
 
 
Core U.S.
$
147,787

 
$
86,196

 
$
(1,020
)
Acceptance Now
93,951

 
48,618

 
105,925

Mexico
2,605

 
(260
)
 
(2,449
)
Franchising
4,385

 
5,081

 
5,650

Total segments
248,728

 
139,635

 
108,106

Corporate
(192,591
)
 
(202,694
)
 
(174,702
)
Total operating profit (loss)
$
56,137

 
$
(63,059
)
 
$
(66,596
)
Beginning in 2018, we implemented an intercompany book value adjustment charge for all rental merchandise transfers from Acceptance Now locations to Core U.S. stores. For the twelve months ended December 31, 2018, book value adjustments for inventory charge-offs related to intercompany rental merchandise transfers were $2.2 million, resulting in a corresponding increase in operating profit for the Core U.S. and decrease in operating profit for Acceptance Now.
 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Depreciation, amortization and write-down of intangibles
 
 
 
 
 
Core U.S.(1)
$
25,566

 
$
31,070

 
$
39,734

Acceptance Now(2)
1,677

 
2,498

 
3,309

Mexico
1,006

 
1,973

 
3,179

Franchising
172

 
177

 
177

Total segments
28,421

 
35,718

 
46,399

Corporate
40,525

 
38,921

 
34,057

Total depreciation, amortization and write-down of intangibles
$
68,946

 
$
74,639

 
$
80,456

(1) We recorded a goodwill impairment charge of $151.3 million in the Core U.S. segment during the fourth quarter of 2016, not included in the table above.
(2) 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 Consolidated Statement of Operations.
 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Capital expenditures
 
 
 
 
 
Core U.S.
$
17,173

 
$
26,506

 
$
20,802

Acceptance Now
203

 
2,723

 
2,330

Mexico
295

 
124

 
283

Total segments
17,671

 
29,353

 
23,415

Corporate
10,291

 
36,107

 
37,728

Total capital expenditures
$
27,962

 
$
65,460

 
$
61,143

 
December 31,
(In thousands)
2018
 
2017
 
2016
On rent rental merchandise, net
 
 
 
 
 
Core U.S.
$
424,829

 
$
408,993

 
$
426,845

Acceptance Now
242,978

 
278,443

 
354,486

Mexico
16,001

 
14,367

 
13,787

Total on rent rental merchandise, net
$
683,808

 
$
701,803

 
$
795,118

 
December 31,
(In thousands)
2018
 
2017
 
2016
Held for rent rental merchandise, net
 
 
 
 
 
Core U.S.
$
117,294

 
$
156,039

 
$
192,718

Acceptance Now
1,207

 
4,940

 
7,489

Mexico
5,161

 
6,209

 
6,629

Total held for rent rental merchandise, net
$
123,662

 
$
167,188

 
$
206,836

 
December 31,
(In thousands)
2018
 
2017
 
2016
Assets by segment
 
 
 
 
 
Core U.S.
$
714,914

 
$
776,296

 
$
860,717

Acceptance Now
312,151

 
350,970

 
432,383

Mexico
29,321

 
33,529

 
31,415

Franchising
4,287

 
3,802

 
2,197

Total segments
1,060,673

 
1,164,597

 
1,326,712

Corporate
336,244

 
256,184

 
276,029

Total assets
$
1,396,917

 
$
1,420,781

 
$
1,602,741

 
December 31,
(In thousands)
2018
 
2017
 
2016
Assets by country
 
 
 
 
 
United States
$
1,366,405

 
$
1,383,004

 
$
1,567,933

Mexico
29,321

 
33,529

 
31,415

Canada
1,191

 
4,248

 
3,393

Total assets
$
1,396,917

 
$
1,420,781

 
$
1,602,741


 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Rentals and fees by inventory category
 
 
 
 
 
Furniture and accessories
$
962,241

 
$
921,159

 
$
927,537

Consumer electronics
410,184

 
459,942

 
553,976

Appliances
344,548

 
351,893

 
391,539

Computers
120,756

 
124,158

 
148,889

Smartphones
62,592

 
57,927

 
93,449

Other products and services
344,539

 
352,662

 
384,663

Total rentals and fees
$
2,244,860

 
$
2,267,741

 
$
2,500,053


 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Revenue by country
 
 
 
 
 
United States
$
2,610,432

 
$
2,654,819

 
$
2,911,613

Mexico
49,612

 
47,005

 
50,927

Canada
421

 
716

 
712

Total revenues
$
2,660,465

 
$
2,702,540

 
$
2,963,252