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Segment Information | 3 Months Ended
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Mar. 31, 2017
Segment Information [Abstract] |
Segment Information | Segment Information The operating segments reported below are the segments for which separate financial information is available and for which segment results are evaluated by the chief operating decision makers. Our operating segments are organized based on factors including, but not limited to, type of business transactions, geographic location and store ownership. All operating segments offer merchandise from four basic product categories: consumer electronics, appliances, computers, furniture and accessories. Our Core U.S. and Franchising segments also offer smartphones. Segment information for the three months ended March 31, 2017 and 2016 is as follows:
| Three Months Ended March 31,
(in thousands) | 2017 |  | 2016
Revenues |  |  |
Core U.S. | $ | 490,899 |  |  | $ | 584,365 |
Acceptance Now | 234,546 |  |  | 230,396 |
Mexico | 11,100 |  |  | 13,749 |
Franchising | 5,441 |  |  | 7,142 |
Total revenues | $ | 741,986 |  |  | $ | 835,652 |
| Three Months Ended March 31,
(in thousands) | 2017 |  | 2016
Gross profit |  |  |
Core U.S. | $ | 337,954 |  |  | $ | 411,889 |
Acceptance Now | 114,429 |  |  | 111,142 |
Mexico | 7,821 |  |  | 9,327 |
Franchising | 2,459 |  |  | 2,586 |
Total gross profit | $ | 462,663 |  |  | $ | 534,944 |
| Three Months Ended March 31,
(in thousands) | 2017 |  | 2016
Operating profit |  |  |
Core U.S. | $ | 24,402 |  |  | $ | 62,236 |
Acceptance Now | 20,619 |  |  | 29,369 |
Mexico | 161 |  |  | (2,610 | )
Franchising | 1,441 |  |  | 1,413 |
Total segments | 46,623 |  |  | 90,408 |
Corporate | (45,471 | ) |  | (41,978 | )
Total operating profit | $ | 1,152 |  |  | $ | 48,430 |
| Three Months Ended March 31,
(in thousands) | 2017 |  | 2016
Depreciation, amortization and impairment of intangibles |  |  |
Core U.S. | $ | 8,108 |  |  | $ | 10,892 |
Acceptance Now | 786 |  |  | 837 |
Mexico | 527 |  |  | 939 |
Franchising | 44 |  |  | 45 |
Total segments | 9,465 |  |  | 12,713 |
Corporate | 9,076 |  |  | 7,111 |
Total depreciation, amortization and impairment of intangibles | $ | 18,541 |  |  | $ | 19,824 |
We recorded an impairment of intangibles of $3.9 million in the Acceptance Now segment during the first quarter of 2017 that is not included in the table above. The impairment charge was recorded to Other Charges in the Condensed Consolidated Statement of Operations.
| Three Months Ended March 31,
(in thousands) | 2017 |  | 2016
Capital expenditures |  |  |
Core U.S. | $ | 6,108 |  |  | $ | 3,771 |
Acceptance Now | 483 |  |  | 292 |
Mexico | 23 |  |  | 147 |
Total segments | 6,614 |  |  | 4,210 |
Corporate | 15,434 |  |  | 10,230 |
Total capital expenditures | $ | 22,048 |  |  | $ | 14,440 |
Segment information - Selected balance sheet data:
(in thousands) | March 31, 2017 |  | December 31, 2016
On rent rental merchandise, net |  |  |
Core U.S. | $ | 388,871 |  |  | $ | 426,845 |
Acceptance Now | 351,672 |  |  | 354,486 |
Mexico | 14,281 |  |  | 13,787 |
Total on rent rental merchandise, net | $ | 754,824 |  |  | $ | 795,118 |
(in thousands) | March 31, 2017 |  | December 31, 2016
Held for rent rental merchandise, net |  |  |
Core U.S. | $ | 174,453 |  |  | $ | 192,718 |
Acceptance Now | 9,447 |  |  | 7,489 |
Mexico | 6,729 |  |  | 6,629 |
Total held for rent rental merchandise, net | $ | 190,629 |  |  | $ | 206,836 |
(in thousands) | March 31, 2017 |  | December 31, 2016
Assets by segment |  |  |
Core U.S. | $ | 785,800 |  |  | $ | 872,551 |
Acceptance Now | 427,541 |  |  | 432,383 |
Mexico | 32,641 |  |  | 31,415 |
Franchising | 2,237 |  |  | 2,197 |
Total segments | 1,248,219 |  |  | 1,338,546 |
Corporate | 246,755 |  |  | 264,195 |
Total assets | $ | 1,494,974 |  |  | $ | 1,602,741 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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