Other Charges (Tables)

9 Months Ended

Sep. 30, 2023

Restructuring and Related Activities [Abstract]

Other Charges

Activity with respect to Other charges for the nine months ended September 30, 2023 is summarized in the below table:

(in thousands)	Accrued Charges at December 31, 2022		Charges & Adjustments		Payments & Adjustments		Accrued Charges at September 30, 2023
Cash charges:
Labor reduction costs(1)	$	2,202	$	—	$	(2,202)	$	—
Total cash charges	$	2,202	—		$	(2,202)	$	—
Non-cash charges:
Acima Holdings restricted stock agreements(2)			128,128
Depreciation and amortization of acquired assets(3)			54,701
Accelerated software depreciation			4,609
Other(4)			(3,025)
Total other charges			$	184,413

(1) Represents charges incurred and payments related to 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 11.

(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 in 2021.

(4) Primarily represents interest income on tax refunds for prior years received in 2023