XML 15 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 171,698 $ 144,141
Receivables, net of allowance for doubtful accounts of $12,937 and $13,214 in 2023 and 2022, respectively 101,772 111,865
Prepaid expenses and other assets 44,833 46,070
Rental merchandise, net    
On rent 943,487 989,869
Held for rent 126,762 134,959
Merchandise held for installment sale 6,105 6,988
Property assets, net of accumulated depreciation of $592,048 and $576,675 in 2023 and 2022, respectively 287,961 295,371
Operating lease right-of-use assets 300,731 302,311
Deferred tax asset 123,111 82,886
Goodwill 289,750 289,750
Other intangible assets, net 344,915 359,409
Total assets 2,741,125 2,763,619
LIABILITIES    
Accounts payable – trade 118,655 155,449
Accrued liabilities 319,675 320,624
Operating lease liabilities 304,063 305,556
Deferred tax liability 0 87,986
Senior debt, net 889,950 930,902
Senior notes, net 438,440 437,956
Total liabilities 2,070,783 2,238,473
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value; 250,000,000 shares authorized; 125,286,720 and 125,028,169 shares issued in March 31, 2023 and December 31, 2022, respectively 1,112 1,080
Additional paid-in capital 1,411,892 1,298,094
Retained earnings 1,105,451 1,077,189
Treasury stock at cost, 69,354,651 shares in March 31, 2023 and December 31, 2022 (1,840,591) (1,840,591)
Accumulated other comprehensive loss (7,522) (10,626)
Total Stockholders' Equity 670,342 525,146
Total Liabilities and Stockholders' Equity $ 2,741,125 $ 2,763,619