Other Charges (Tables)

6 Months Ended

Jun. 30, 2020

Restructuring and Related Activities [Abstract]

Other Charges [Table Text Block]

Activity with respect to other charges for the six months ended June 30, 2020 is summarized in the below table:

(in thousands)	Accrued Charges at December 31, 2019		Charges & Adjustments		Payments & Adjustments		Accrued Charges at June 30, 2020
Cash charges:
Labor costs	$	738	$	1,484	$	(957)	$	1,265
Lease obligations(1)	—		(414)		414		—
Shutdown and holding costs	—		1,307		(1,307)		—
Total cash charges	$	738	2,377		$	(1,850)	$	1,265
Non-cash charges:
Rental merchandise losses(2)			620
Asset impairments(3)			955
Other(4)			5,672
Total other charges			$	9,624

⁽¹⁾ Includes lease abatement credits related to renegotiated lease agreements in response to COVID-19

⁽²⁾ Looting related to social unrest

⁽³⁾ Asset impairments primarily includes impairments of operating lease right-of-use assets and other property assets related to the closure of Rent-A-Center Business stores and previously closed product service centers, damage related to social unrest, as well as a write-down of capitalized software in the first six months of 2020.

⁽⁴⁾ Other primarily includes legal settlement reserves, state tax audit assessment reserves, expenses related to COVID-19, partially offset by the receipt of insurance proceeds related to Hurricane Maria.