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Other Charges | 6 Months Ended
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Jun. 30, 2018
Restructuring Costs and Asset Impairment Charges [Abstract] |
Other Charges | Other Charges 2018 Cost Savings Initiatives. During the first six months of 2018, we began execution of multiple cost savings initiatives, including reductions in overhead and supply chain, resulting in pre-tax charges of $6.8 million in contract termination fees, $6.2 million in severance and other payroll-related costs, $1.9 million in legal and advisory fees, $1.0 million in other miscellaneous shutdown costs, $0.9 million in lease obligation costs, $0.4 million related to the write-down of capitalized software, and $0.1 million in disposal of fixed assets. Store Consolidation Plan. During the first six months of 2018, we closed 109 Core U.S. stores and 8 locations in Mexico, resulting in pre-tax charges of $8.7 million, consisting of $7.0 million in lease obligation costs, $1.0 million in disposal of fixed assets, $0.5 million in other miscellaneous shutdown costs, and $0.2 million in severance and other payroll-related cost. Discontinuation of IT Software Projects. During the first six months of 2018 we discontinued certain IT software projects and as a result incurred pre-tax charges of $1.9 million, related to the write-down of capitalized assets. Acceptance Now Store Closures. During the first six months of 2017, we closed 319 Acceptance Now manned locations and 9 Acceptance Now direct locations, resulting in pre-tax charges of $13.0 million consisting primarily of rental merchandise losses, disposal of fixed assets, and other miscellaneous labor and shutdown costs. In addition, as a result of the plan to close certain Acceptance Now locations, we recorded a pre-tax impairment charge of $3.9 million to our intangible assets, related to a vendor relationship. Corporate Cost Rationalization. During the first quarter of 2017, we executed a head count reduction that impacted approximately 6% of our field support center workforce. This resulted in pre-tax charges for severance and other payroll-related costs of approximately $2.5 million for the six months ended June 30, 2017. Activity with respect to other charges for the six months ended June 30, 2018 is summarized in the below table:
(in thousands) | Accrued Charges at December 31, 2017 |  | Charges & Adjustments |  | Payments |  | Accrued Charges at June 30, 2018
Cash charges: |  |  |  |  |  |  |
Labor reduction costs | $ | 1,674 |  |  | $ | 6,378 |  |  | $ | (4,701 | ) |  | $ | 3,351 |
Lease obligation costs | 2,105 |  |  | 8,247 |  |  | (3,381 | ) |  | 6,971 |
Contract termination costs | — |  |  | 6,750 |  |  | — |  |  | 6,750 |
Other miscellaneous | — |  |  | 1,493 |  |  | (1,493 | ) |  | — |
Total cash charges | $ | 3,779 |  |  | 22,868 |  |  | $ | (9,575 | ) |  | $ | 17,072 |
Non-cash charges: |  |  |  |  |  |  |
Rental merchandise recoveries |  |  | (295 | ) |  |  |  |
Asset impairments |  |  | 3,367 |  |  |  |  |
Other(1) |  |  | 8,004 |  |  |  |  |
Total other charges |  |  | $ | 33,944 |  |  |  |  |
(1) Other primarily includes incremental legal and advisory fees related to our strategic review and the Vintage Merger Agreement, partially offset by insurance claims recoveries related to 2017 hurricanes.

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- Definition The entire disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References No definition available. + Details
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