Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Information [Abstract]

Segment Information

Segment information for the three and six months ended June 30, 2019 and 2018 is as follows: 

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Revenues
Core U.S.	$	451,096	$	455,720	$	925,153	$	937,761
Acceptance Now	176,389		179,011		372,911		375,997
Mexico	13,551		12,307		26,896		24,338
Franchising	14,889		8,692		27,659		15,677
Total revenues	$	655,925	$	655,730	$	1,352,619	$	1,353,773

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Gross profit
Core U.S.	$	313,871	$	325,219	$	638,511	$	661,460
Acceptance Now	80,380		86,050		166,708		174,855
Mexico	9,411		8,549		18,680		16,871
Franchising	4,409		4,068		9,038		7,678
Total gross profit	$	408,071	$	423,886	$	832,937	$	860,864

	Three Months Ended June 30,					Six Months Ended June 30,
(in thousands)	2019		2018			2019			2018
Operating profit
Core U.S.	$	64,925	$	43,527		$	118,236		$	71,914
Acceptance Now	22,734		29,157			44,247			44,587
Mexico	1,474		887			2,693			1,384
Franchising	1,803		1,909			3,581			3,165
Total segments	90,936		75,480			168,757			121,050
Corporate	38,893		(48,329		)	(21,579		)	(104,169		)
Total operating profit	$	129,829	$	27,151		$	147,178		$	16,881

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Depreciation and amortization
Core U.S.	$	5,110	$	6,440	$	10,582	$	13,266
Acceptance Now	313		432		661		867
Mexico	95		273		235		617
Franchising	9		44		39		88
Total segments	5,527		7,189		11,517		14,838
Corporate	9,594		10,239		19,377		20,490
Total depreciation and amortization	$	15,121	$	17,428	$	30,894	$	35,328

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Capital expenditures
Core U.S.	$	907	$	4,325	$	1,465	$	9,215
Acceptance Now	54		35		101		80
Mexico	27		35		30		38
Total segments	988		4,395		1,596		9,333
Corporate	1,592		2,651		3,492		6,362
Total capital expenditures	$	2,580	$	7,046	$	5,088	$	15,695

(in thousands)	June 30, 2019		December 31, 2018
On rent rental merchandise, net
Core U.S.	$	392,904	$	424,829
Acceptance Now	216,988		242,978
Mexico	15,973		16,001
Total on rent rental merchandise, net	$	625,865	$	683,808

(in thousands)	June 30, 2019		December 31, 2018
Held for rent rental merchandise, net
Core U.S.	$	107,778	$	117,294
Acceptance Now	982		1,207
Mexico	4,493		5,161
Total held for rent rental merchandise, net	$	113,253	$	123,662

(in thousands)	June 30, 2019		December 31, 2018
Assets by segment
Core U.S.	$	922,482	$	714,914
Acceptance Now	281,835		312,151
Mexico	36,605		29,321
Franchising	7,159		4,287
Total segments	1,248,081		1,060,673
Corporate	496,132		336,244
Total assets	$	1,744,213	$	1,396,917