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Segment Information (Notes)
 6 Months Ended
Jun. 30, 2020
Segment Information [Abstract]  
Segment Information Segment Information
The operating segments reported below are the segments for which separate financial information is available and for which segment results are evaluated by the chief operating decision makers. Our operating segments are organized based on factors including, but not limited to, type of business transactions, geographic location and store ownership. All operating segments offer merchandise from certain basic product categories: furniture, consumer electronics, appliances, computers, and accessories. Smartphones are also offered in our Rent-A-Center Business stores and franchise locations. In addition, in the Rent-A-Center Business segment, we have recently expanded into other product categories including, tires, tools, handbags, jewelry and other accessories.
Segment information for the three months ended June 30, 2020 and 2019 is as follows: 
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2020201920202019
Revenues
Rent-A-Center Business
$459,192  $451,096  $914,157  $925,153  
Preferred Lease191,243  176,389  407,370  372,911  
Mexico10,611  13,551  24,157  26,896  
Franchising22,700  14,889  40,001  27,659  
Total revenues$683,746  $655,925  $1,385,685  $1,352,619  

Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2020201920202019
Gross profit
Rent-A-Center Business$316,047  $313,871  $633,605  $638,511  
Preferred Lease71,391  80,380  159,706  166,708  
Mexico7,432  9,411  16,960  18,680  
Franchising4,662  4,409  9,439  9,038  
Total gross profit$399,532  $408,071  $819,710  $832,937  
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2020201920202019
Operating profit
Rent-A-Center Business$85,132  $64,925  $153,075  $118,236  
Preferred Lease6,233  22,734  24,455  44,247  
Mexico1,052  1,474  2,019  2,693  
Franchising3,029  1,803  5,548  3,581  
Total segments95,446  90,936  185,097  168,757  
Corporate(41,811) 38,893  (82,587) (21,579) 
Total operating profit$53,635  $129,829  $102,510  $147,178  

Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2020201920202019
Depreciation and amortization
Rent-A-Center Business$4,876  $5,110  $9,833  $10,582  
Preferred Lease474  313  1,001  661  
Mexico95  95  188  235  
Franchising10  9  13  39  
Total segments5,455  5,527  11,035  11,517  
Corporate8,893  9,594  18,226  19,377  
Total depreciation and amortization
$14,348  $15,121  $29,261  $30,894  

Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2020201920202019
Capital expenditures
Rent-A-Center Business$3,504  $907  $4,484  $1,465  
Preferred Lease2  54  86  101  
Mexico52  27  89  30  
Total segments3,558  988  4,659  1,596  
Corporate2,041  1,592  10,091  3,492  
Total capital expenditures$5,599  $2,580  $14,750  $5,088  

(in thousands)June 30, 2020December 31, 2019
On rent rental merchandise, net
Rent-A-Center Business$399,647  $411,482  
Preferred Lease232,373  268,845  
Mexico13,502  16,943  
Total on rent rental merchandise, net$645,522  $697,270  

(in thousands)June 30, 2020December 31, 2019
Held for rent rental merchandise, net
Rent-A-Center Business$85,680  $131,086  
Preferred Lease1,508  1,254  
Mexico4,459  6,078  
Total held for rent rental merchandise, net$91,647  $138,418  
(in thousands)June 30, 2020December 31, 2019
Assets by segment
Rent-A-Center Business$866,198  $953,151  
Preferred Lease321,883  357,859  
Mexico29,056  33,707  
Franchising14,344  11,095  
Total segments1,231,481  1,355,812  
Corporate345,147  226,986  
Total assets$1,576,628  $1,582,798