XML 56 R36.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Intangible Assets and Acquisitions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Intangible Assets and Acquisitions [Abstract] |
Amortizable Intangible Assets | Amortizable intangible assets consist of the following (in thousands):
|  |  |  | December 31, 2014 |  | December 31, 2013
|  | Avg. Life (years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Non-compete agreements |  | 3 |  | $ | 5,585 |  |  | $ | 5,435 |  |  | $ | 6,337 |  |  | $ | 6,102 |
Customer relationships |  | 2 |  | 76,299 |  |  | 74,182 |  |  | 74,799 |  |  | 71,899 |
Vendor relationships |  | 11 |  | 7,538 |  |  | 2,272 |  |  | 7,538 |  |  | 1,704 |
Total |  |  |  | $ | 89,422 |  |  | $ | 81,889 |  |  | $ | 88,674 |  |  | $ | 79,705 |
Aggregate Amortization Expense | Aggregate amortization expense (in thousands):
Year Ended December 31, 2014 | $ | 2,955 |
Year Ended December 31, 2013 | $ | 3,559 |
Year Ended December 31, 2012 | $ | 4,668 |
Estimated Amortization Expense | Estimated amortization expense, assuming current intangible balances and no new acquisitions, for each of the years ending December 31, is as follows (in thousands):
| Estimated Amortization Expense
2015 | $ | 2,365 |
2016 | 1,038 |
2017 | 568 |
2018 | 445 |
2019 | 445 |
Thereafter | 2,672 |
| $ | 7,533 |
Changes in Recorded Goodwill | A summary of the changes in recorded goodwill follows (in thousands):
|  | Year Ended December 31,
|  | 2014 |  | 2013
Balance as of January 1, |  | $ | 1,364,549 |  |  | $ | 1,344,665 |
Additions from acquisitions |  | 14,562 |  |  | 28,282 |
Goodwill impairments and write-offs related to stores sold or closed |  | (8,458 | ) |  | (9,038 | )
Post purchase price allocation adjustments |  | (194 | ) |  | 640 |
Balance as of the end of the period |  | $ | 1,370,459 |  |  | $ | 1,364,549 |
Acquisitions | The following table provides information concerning the acquisitions made during the years ended December 31, 2014, 2013 and 2012.
|  | Year Ended December 31,
|  | 2014 |  | 2013 |  | 2012
|  | (Dollar amounts in thousands)
Number of stores acquired remaining open |  | 6 |  |  | 47 |  |  | 6 |
Number of stores acquired that were merged with existing stores |  | 13 |  |  | 38 |  |  | 31 |
Number of transactions |  | 26 |  |  | 47 |  |  | 19 |
Total purchase price |  | $ | 26,653 |  |  | $ | 41,236 |  |  | $ | 13,258 |
Amounts allocated to: |  |  |  |  |  |
Goodwill |  | $ | 14,562 |  |  | $ | 28,282 |  |  | $ | 6,874 |
Non-compete agreements |  | — |  |  | 235 |  |  | — |
Customer relationships |  | 1,525 |  |  | 2,959 |  |  | 1,160 |
Rental merchandise |  | 9,731 |  |  | 11,843 |  |  | 4,380 |
Property and other assets |  | 835 |  |  | 910 |  |  | 845 |

X
- Definition No authoritative reference available. + References No definition available. + Details
Name: | rcii_AcquisitionsTableTextBlock
Namespace Prefix: | rcii_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition No authoritative reference available. + References No definition available. + Details
Name: | rcii_AggregateAmortizationExpenseTableTextBlock
Namespace Prefix: | rcii_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | rcii_IntangibleAssetsAndAcquisitionsAbstract
Namespace Prefix: | rcii_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration