Other Charges (Tables)

9 Months Ended

Sep. 30, 2022

Restructuring and Related Activities [Abstract]

Other Charges

Activity with respect to Other charges for the nine months ended September 30, 2022 is summarized in the below table:

(in thousands)	Accrued Charges at December 31, 2021		Charges & Adjustments		Payments & Adjustments		Accrued Charges at September 30, 2022
Cash charges:
Acima Holdings transaction costs	$	—	$	187	$	(187)	$	—
Labor reduction costs(1)	1,593		5,160		(3,757)		2,996
Other cash charges	—		293		(293)		—
Total cash charges	$	1,593	5,640		$	(4,237)	$	2,996
Non-cash charges:
Acima Holdings restricted stock agreements(2)			111,489
Depreciation and amortization of acquired assets(3)			62,558
Asset impairments(4)			6,768
Other			(1,020)
Total other charges			$	185,435

(1) Represents charges incurred for employee severance.

(2) Represents stock compensation expense related to common stock issued to Acima Holdings employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions, as described in Note 2 and Note 12.

(3) 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 2.

(4) Primarily represents impairment of software assets.