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Segment Information (Notes)
3 Months Ended
Mar. 31, 2021
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. Within our operating segments, we offer merchandise for lease from certain basic product categories: furniture, including mattresses, tires, consumer electronics, appliances, tools, handbags, computers, and accessories. Smartphones are also offered in our Rent-A-Center Business stores and franchise locations.
Segment information for the three and nine months ended March 31, 2021 and 2020 is as follows: 
Three Months Ended March 31,
(in thousands)20212020
Revenues
Rent-A-Center Business
$524,866 $454,965 
Acima457,449 216,127 
Mexico14,498 13,546 
Franchising39,969 17,301 
Total revenues$1,036,782 $701,939 
Three Months Ended March 31,
(in thousands)20212020
Gross profit
Rent-A-Center Business$359,169 $317,558 
Acima134,250 88,315 
Mexico10,212 9,528 
Franchising6,892 4,777 
Total gross profit$510,523 $420,178 

Three Months Ended March 31,
(in thousands)20212020
Operating profit
Rent-A-Center Business$121,277 $67,943 
Acima24,814 18,222 
Mexico1,954 967 
Franchising4,985 2,519 
Total segments153,030 89,651 
Corporate(82,984)(40,776)
Total operating profit$70,046 $48,875 

Three Months Ended March 31,
(in thousands)20212020
Depreciation and amortization
Rent-A-Center Business$4,577 $4,957 
Acima(1)
474 527 
Mexico120 93 
Franchising16 
Total segments5,187 5,580 
Corporate(2)
8,206 9,333 
Total depreciation and amortization
$13,393 $14,913 
(1)Excludes amortization of approximately $14.0 million recorded to Other charges in the Condensed Consolidated Statement of Operations, related to intangible assets acquired upon closing of the Acima Holdings acquisition
(2)Excludes depreciation of approximately $1.3 million recorded to Other charges in the Condensed Consolidated Statement of Operations, related to software acquired upon closing of the Acima Holdings acquisition

Three Months Ended March 31,
(in thousands)20212020
Capital expenditures
Rent-A-Center Business$6,257 $980 
Acima154 84 
Mexico76 37 
Total segments6,487 1,101 
Corporate4,901 8,050 
Total capital expenditures$11,388 $9,151 
(in thousands)March 31, 2021December 31, 2020
On rent rental merchandise, net
Rent-A-Center Business$446,180 $444,945 
Acima651,764 299,660 
Mexico17,969 18,281 
Total on rent rental merchandise, net$1,115,913 $762,886 

(in thousands)March 31, 2021December 31, 2020
Held for rent rental merchandise, net
Rent-A-Center Business$127,120 $136,219 
Acima1,622 2,228 
Mexico6,502 7,819 
Total held for rent rental merchandise, net$135,244 $146,266 

(in thousands)March 31, 2021December 31, 2020
Assets by segment
Rent-A-Center Business$978,190 $999,252 
Acima1,566,395 389,650 
Mexico36,076 42,278 
Franchising16,114 14,729 
Total segments2,596,775 1,445,909 
Corporate410,183 305,071 
Total assets$3,006,958 $1,750,980