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Acquisitions (Tables)

9 Months Ended

Sep. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Preliminary Allocations of Purchase Price

The following table details the preliminary purchase price allocation as of December 31, 2021, the measurement period adjustments made during the nine months ended September 30, 2022 and the preliminary purchase price allocation as of September 30, 2022, subject to future measurement period adjustments (in thousands):

			December 31,						2022						September 30,
			2021						Adjustments						2022
Accounts receivable			$	11,660					$	—					$	11,660
Finance receivables			225,261						—						225,261
Leased merchandise			139,649						—						139,649
Prepaid expenses and other current assets			4,474						(211)						4,263
Property and equipment			11,670						—						11,670
Operating lease right of use asset			491						—						491
Goodwill			503,106						(16,920)						486,186
Intangible assets			305,100						—						305,100
Accounts payable and accrued liabilities			(28,357)						(1,083)						(29,440)
Customer deposits and prepayments			(11,014)						—						(11,014)
Lease liability, current			(10)						—						(10)
Deferred tax liabilities (1)			(42,608)						18,214						(24,394)
Lease liability, non-current			(481)						—						(481)
Purchase price			$	1,118,941					$	—					$	1,118,941

(1)Measurement period adjustment is primarily a result of the seller finalizing the ending tax basis in the assets and liabilities acquired, which carried over to the Company.

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- References

No definition available.

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472

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