Segment Information Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Information [Abstract]

Segment Information [Table Text Block]

Segment information as of and for the years ended December 31, 2019, 2018 and 2017 is as follows:

	Year Ended December 31,
(In thousands)	2019		2018		2017
Revenues
Rent-A-Center Business	$	1,800,486	$	1,855,712	$	1,835,422
Preferred Lease	749,260		722,562		797,987
Mexico	53,960		49,613		47,005
Franchising	66,146		32,578		22,126
Total revenues	$	2,669,852	$	2,660,465	$	2,702,540

	Year Ended December 31,
(In thousands)	2019		2018		2017
Gross profit
Rent-A-Center Business	$	1,255,153	$	1,299,809	$	1,276,212
Preferred Lease	333,798		339,616		400,002
Mexico	37,488		34,364		32,592
Franchising	17,632		14,379		9,736
Total gross profit	$	1,644,071	$	1,688,168	$	1,718,542

	Year Ended December 31,
(In thousands)	2019			2018			2017
Operating profit (loss)
Rent-A-Center Business	$	235,964		$	147,787		$	86,196
Preferred Lease	83,066			93,951			48,618
Mexico	5,357			2,605			(260		)
Franchising	7,205			4,385			5,081
Total segments	331,592			248,728			139,635
Corporate	(77,733		)	(192,591		)	(202,694		)
Total operating profit (loss)	$	253,859		$	56,137		$	(63,059	)

	Year Ended December 31,
(In thousands)	2019		2018		2017
Depreciation and amortization
Rent-A-Center Business	$	20,822	$	25,566	$	31,070
Preferred Lease	1,533		1,677		2,498
Mexico	401		1,006		1,973
Franchising	45		172		177
Total segments	22,801		28,421		35,718
Corporate	38,303		40,525		38,921
Total depreciation and amortization	$	61,104	$	68,946	$	74,639

	Year Ended December 31,
(In thousands)	2019		2018		2017
Capital expenditures
Rent-A-Center Business	$	10,255	$	17,173	$	26,506
Preferred Lease	141		203		2,723
Mexico	172		295		124
Total segments	10,568		17,671		29,353
Corporate	10,589		10,291		36,107
Total capital expenditures	$	21,157	$	27,962	$	65,460

	December 31,
(In thousands)	2019		2018		2017
On rent rental merchandise, net
Rent-A-Center Business	$	411,482	$	424,829	$	408,993
Preferred Lease	268,845		242,978		278,443
Mexico	16,943		16,001		14,367
Total on rent rental merchandise, net	$	697,270	$	683,808	$	701,803

	December 31,
(In thousands)	2019		2018		2017
Held for rent rental merchandise, net
Rent-A-Center Business	$	131,086	$	117,294	$	156,039
Preferred Lease	1,254		1,207		4,940
Mexico	6,078		5,161		6,209
Total held for rent rental merchandise, net	$	138,418	$	123,662	$	167,188

	December 31,
(In thousands)	2019		2018		2017
Assets by segment
Rent-A-Center Business	$	953,151	$	714,914	$	776,296
Preferred Lease	357,859		312,151		350,970
Mexico	33,707		29,321		33,529
Franchising	11,095		4,287		3,802
Total segments	1,355,812		1,060,673		1,164,597
Corporate	226,986		336,244		256,184
Total assets	$	1,582,798	$	1,396,917	$	1,420,781

	December 31,
(In thousands)	2019		2018		2017
Assets by country
United States	$	1,547,895	$	1,366,405	$	1,383,004
Mexico	33,707		29,321		33,529
Canada	1,196		1,191		4,248
Total assets	$	1,582,798	$	1,396,917	$	1,420,781

	Year Ended December 31,
(In thousands)	2019		2018		2017
Rentals and fees by inventory category
Furniture and accessories	$	982,644	$	962,241	$	921,159
Consumer electronics	358,619		410,184		459,942
Appliances	346,668		344,548		351,893
Computers	103,171		120,756		124,158
Smartphones	62,948		62,592		57,927
Other products and services	370,352		344,539		352,662
Total rentals and fees	$	2,224,402	$	2,244,860	$	2,267,741

	Year Ended December 31,
(In thousands)	2019		2018		2017
Revenue by country
United States	$	2,615,892	$	2,610,432	$	2,654,819
Mexico	53,960		49,612		47,005
Canada	—		421		716
Total revenues	$	2,669,852	$	2,660,465	$	2,702,540