Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Taxes [Abstract]

Loss Before Income Tax, Domestic and Foreign [Table Text Block]

For financial statement purposes, earnings before income taxes by source was comprised of the following:

	Year Ended December 31,
(In thousands)	2022		2021		2020
Domestic	$	43,977	$	176,042	$	212,859
Foreign	17,494		18,262		9,920
Earnings before income taxes	$	61,471	$	194,304	$	222,779

Reconciliation of Income Tax Expense [Table Text Block]

A reconciliation of the federal statutory rate of 21% to the effective rate follows:

	Year Ended December 31,
	2022		2021		2020
Tax at statutory rate	21.0	%	21.0	%	21.0	%
Stock compensation	53.4	%	11.6	%	—	%
State income taxes	13.4	%	7.4	%	2.8	%
Effect of foreign operations	6.6	%	2.0	%	(0.3)	%
Effect of current and prior year credits	(13.2)	%	(2.4)	%	(0.8)	%
Change in unrecognized tax benefits	0.1	%	(2.8)	%	0.3	%
Other permanent differences	0.9	%	0.3	%	(0.7)	%
Prior year return to provision adjustments	1.7	%	(0.2)	%	1.1	%
Benefit of CARES Act	—	%	—	%	(7.5)	%
Valuation allowance	(3.0)	%	(7.1)	%	(9.3)	%
Other, net	(1.0)	%	0.8	%	—	%
Effective income tax rate	79.9	%	30.6	%	6.6	%

Components of Income Tax Expense [Table Text Block]

The components of income tax expense (benefit) are as follows:

	Year Ended December 31,
(In thousands)	2022		2021		2020
Current expense (benefit)
Federal	$	62,878	$	(7,398)	$	14,354
State	21,473		15,106		4,735
Foreign	4,570		3,690		1,608
Total current	88,921		11,398		20,697
Deferred (benefit) expense
Federal	(25,923)		56,716		12,576
State	(13,321)		(1,205)		(2,956)
Foreign	(563)		(7,545)		(15,653)
Total deferred	(39,807)		47,966		(6,033)
Total income tax expense	$	49,114	$	59,364	$	14,664

Deferred Tax Assets [Table Text Block]

Deferred tax assets (liabilities) consist of the following:

	December 31,
(In thousands)	2022		2021
Deferred tax assets
Net operating loss carryforwards	$	27,059	$	35,834
Accrued liabilities	55,527		48,659
Intangible assets	155,238		165,135
Lease obligations	81,412		73,819
Other assets including credits	8,804		12,157
Foreign tax credit carryforwards	2,991		7,696
Total deferred tax assets	331,031		343,300
Valuation allowance	(3,158)		(7,688)
Deferred tax assets, net	327,873		335,612
Deferred tax liabilities
Rental merchandise	(236,381)		(288,504)
Property assets	(16,415)		(20,094)
Lease assets	(79,725)		(72,458)
Other liabilities	(452)		(108)
Total deferred tax liabilities	(332,973)		(381,164)
Net deferred taxes	$	(5,100)	$	(45,552)

Unrecognized Tax Benefits [Table Text Block]

A reconciliation of the beginning and ending amount of unrecognized tax benefits follows:

	Year Ended December 31,
(In thousands)	2022		2021		2020
Beginning unrecognized tax benefit balance	$	6,536	$	22,184	$	24,208
Additions (reductions) based on tax positions related to current year	(474)		461		1,204
Additions for tax positions of prior years	21		4,119		45
Reductions for tax positions of prior years	(983)		(3,006)		(2,086)
Settlements	—		(17,222)		(1,187)
Ending unrecognized tax benefit balance	$	5,100	$	6,536	$	22,184