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Other Charges and (Gains) (Tables)
 12 Months Ended
Dec. 31, 2021
Other Charges - Operating Expenses [Abstract]  
Other Charges (Gains) [Table Text Block]
Activity with respect to Other charges for the years ended December 31, 2020 and 2021 is summarized in the below table:
(In thousands)Accrued Charges at December 31, 2019Charges & AdjustmentsPayments & Adjustments Accrued Charges at December 31, 2020Charges & AdjustmentsPayments & Adjustments Accrued Charges at December 31, 2021
Cash:
Acima Holdings transaction costs$— $6,400 $(1,395)$5,005 $17,680 $(22,685)$— 
Acima Holdings integration costs— — — — 6,572 (6,572)— 
Labor reduction costs738 1,334 (1,728)344 3,751 (2,502)1,593 
Lease obligation costs(1)
— (645)645 — — — — 
Contract termination costs— — — — — — — 
Other cash charges(2)
— 1,889 (1,889)— 658 (658)— 
Total cash charges$738 8,978 $(4,367)$5,349 28,661 $(32,417)$1,593 
Non-cash:
Acima Holdings restricted stock agreements(3)
— 127,060 
Depreciation and amortization of acquired assets(4)
— 114,959 
Asset impairments(5)
2,749 1,572 
Rental merchandise losses(6)
860 — 
Other(7)
23,968 17,661 
Total other charges$36,555 $289,913 
(1) Includes lease abatement credits in 2020 related to renegotiated lease agreements in response to COVID-19.
(2) Represents shutdown and holding expenses related to store closures.
(3) Represents stock compensation expense recognized in 2021, related to common stock issued to Acima Holdings employees under restricted stock agreements as part of the acquisition consideration subject to vesting restrictions, as described in Note B and Note O.
(4) Represents amortization of the total fair value of acquired intangible assets and incremental depreciation related to the fair value increase over net book value of acquired software assets in connection with the acquisition of Acima Holdings as described in Note B.
(5) Asset impairments primarily includes store damage related to Hurricane Ida in 2021. Asset impairments in 2020 primarily include 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, store damage related to looting, as well as a write-down of capitalized software.
(6) Reflects merchandise losses due to looting.
(7) Includes $17.5 million in legal settlement reserves and $0.2 million in state sales tax assessment reserves for 2021. Amounts accrued for potential settlements do not represent our maximum loss exposure. The amount of any loss ultimately incurred in relation to matters for which an accrual has been established may be significantly different than the amounts accrued for such matters due to the inherent uncertainty in litigation, regulatory and similar adversarial proceedings. For 2020, primarily includes a $16.6 million loss on the sale of our stores in California, $7.9 million for legal settlement reserves, $1.2 million for state tax audit assessment reserves, $1.4 million in expenses related to COVID-19, partially offset by $2.8 million in proceeds received from the sale of a class action claim and $0.3 million in insurance proceeds related to Hurricane Maria in 2017 for the year ended December 31, 2020.