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Segment Information Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2018
Segment Information [Abstract] |
Segment Information [Table Text Block] | Segment information as of and for the years ended December 31, 2018, 2017 and 2016 is as follows:
| Year Ended December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Revenues |  |  |  |  |
Core U.S. | $ | 1,855,712 |  |  | $ | 1,835,422 |  |  | $ | 2,069,725 |
Acceptance Now | 722,562 |  |  | 797,987 |  |  | 817,814 |
Mexico | 49,613 |  |  | 47,005 |  |  | 50,927 |
Franchising | 32,578 |  |  | 22,126 |  |  | 24,786 |
Total revenues | $ | 2,660,465 |  |  | $ | 2,702,540 |  |  | $ | 2,963,252 |
| Year Ended December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Gross profit |  |  |  |  |
Core U.S. | $ | 1,299,809 |  |  | $ | 1,276,212 |  |  | $ | 1,467,679 |
Acceptance Now | 339,616 |  |  | 400,002 |  |  | 422,381 |
Mexico | 34,364 |  |  | 32,592 |  |  | 35,549 |
Franchising | 14,379 |  |  | 9,736 |  |  | 9,440 |
Total gross profit | $ | 1,688,168 |  |  | $ | 1,718,542 |  |  | $ | 1,935,049 |
Beginning in 2018, we implemented an intercompany book value adjustment charge for all rental merchandise transfers from Acceptance Now locations to Core U.S. stores. For the twelve months ended December 31, 2018, book value adjustments on intercompany rental merchandise transfers were $12.0 million, resulting in a corresponding increase in gross profit for the Core U.S. and decrease in gross profit for Acceptance Now.
| Year Ended December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Operating profit (loss) |  |  |  |  |
Core U.S. | $ | 147,787 |  |  | $ | 86,196 |  |  | $ | (1,020 | )
Acceptance Now | 93,951 |  |  | 48,618 |  |  | 105,925 |
Mexico | 2,605 |  |  | (260 | ) |  | (2,449 | )
Franchising | 4,385 |  |  | 5,081 |  |  | 5,650 |
Total segments | 248,728 |  |  | 139,635 |  |  | 108,106 |
Corporate | (192,591 | ) |  | (202,694 | ) |  | (174,702 | )
Total operating profit (loss) | $ | 56,137 |  |  | $ | (63,059 | ) |  | $ | (66,596 | )
Beginning in 2018, we implemented an intercompany book value adjustment charge for all rental merchandise transfers from Acceptance Now locations to Core U.S. stores. For the twelve months ended December 31, 2018, book value adjustments for inventory charge-offs related to intercompany rental merchandise transfers were $2.2 million, resulting in a corresponding increase in operating profit for the Core U.S. and decrease in operating profit for Acceptance Now.
| Year Ended December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Depreciation, amortization and write-down of intangibles |  |  |  |  |
Core U.S.(1) | $ | 25,566 |  |  | $ | 31,070 |  |  | $ | 39,734 |
Acceptance Now(2) | 1,677 |  |  | 2,498 |  |  | 3,309 |
Mexico | 1,006 |  |  | 1,973 |  |  | 3,179 |
Franchising | 172 |  |  | 177 |  |  | 177 |
Total segments | 28,421 |  |  | 35,718 |  |  | 46,399 |
Corporate | 40,525 |  |  | 38,921 |  |  | 34,057 |
Total depreciation, amortization and write-down of intangibles | $ | 68,946 |  |  | $ | 74,639 |  |  | $ | 80,456 |
(1) We recorded a goodwill impairment charge of $151.3 million in the Core U.S. segment during the fourth quarter of 2016, not included in the table above. (2) 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 Consolidated Statement of Operations.
| Year Ended December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Capital expenditures |  |  |  |  |
Core U.S. | $ | 17,173 |  |  | $ | 26,506 |  |  | $ | 20,802 |
Acceptance Now | 203 |  |  | 2,723 |  |  | 2,330 |
Mexico | 295 |  |  | 124 |  |  | 283 |
Total segments | 17,671 |  |  | 29,353 |  |  | 23,415 |
Corporate | 10,291 |  |  | 36,107 |  |  | 37,728 |
Total capital expenditures | $ | 27,962 |  |  | $ | 65,460 |  |  | $ | 61,143 |
| December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
On rent rental merchandise, net |  |  |  |  |
Core U.S. | $ | 424,829 |  |  | $ | 408,993 |  |  | $ | 426,845 |
Acceptance Now | 242,978 |  |  | 278,443 |  |  | 354,486 |
Mexico | 16,001 |  |  | 14,367 |  |  | 13,787 |
Total on rent rental merchandise, net | $ | 683,808 |  |  | $ | 701,803 |  |  | $ | 795,118 |
| December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Held for rent rental merchandise, net |  |  |  |  |
Core U.S. | $ | 117,294 |  |  | $ | 156,039 |  |  | $ | 192,718 |
Acceptance Now | 1,207 |  |  | 4,940 |  |  | 7,489 |
Mexico | 5,161 |  |  | 6,209 |  |  | 6,629 |
Total held for rent rental merchandise, net | $ | 123,662 |  |  | $ | 167,188 |  |  | $ | 206,836 |
| December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Assets by segment |  |  |  |  |
Core U.S. | $ | 714,914 |  |  | $ | 776,296 |  |  | $ | 860,717 |
Acceptance Now | 312,151 |  |  | 350,970 |  |  | 432,383 |
Mexico | 29,321 |  |  | 33,529 |  |  | 31,415 |
Franchising | 4,287 |  |  | 3,802 |  |  | 2,197 |
Total segments | 1,060,673 |  |  | 1,164,597 |  |  | 1,326,712 |
Corporate | 336,244 |  |  | 256,184 |  |  | 276,029 |
Total assets | $ | 1,396,917 |  |  | $ | 1,420,781 |  |  | $ | 1,602,741 |
| December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Assets by country |  |  |  |  |
United States | $ | 1,366,405 |  |  | $ | 1,383,004 |  |  | $ | 1,567,933 |
Mexico | 29,321 |  |  | 33,529 |  |  | 31,415 |
Canada | 1,191 |  |  | 4,248 |  |  | 3,393 |
Total assets | $ | 1,396,917 |  |  | $ | 1,420,781 |  |  | $ | 1,602,741 |
| Year Ended December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Rentals and fees by inventory category |  |  |  |  |
Furniture and accessories | $ | 962,241 |  |  | $ | 921,159 |  |  | $ | 927,537 |
Consumer electronics | 410,184 |  |  | 459,942 |  |  | 553,976 |
Appliances | 344,548 |  |  | 351,893 |  |  | 391,539 |
Computers | 120,756 |  |  | 124,158 |  |  | 148,889 |
Smartphones | 62,592 |  |  | 57,927 |  |  | 93,449 |
Other products and services | 344,539 |  |  | 352,662 |  |  | 384,663 |
Total rentals and fees | $ | 2,244,860 |  |  | $ | 2,267,741 |  |  | $ | 2,500,053 |
| Year Ended December 31,
(In thousands) | 2018 |  | 2017 |  | 2016
Revenue by country |  |  |  |  |
United States | $ | 2,610,432 |  |  | $ | 2,654,819 |  |  | $ | 2,911,613 |
Mexico | 49,612 |  |  | 47,005 |  |  | 50,927 |
Canada | 421 |  |  | 716 |  |  | 712 |
Total revenues | $ | 2,660,465 |  |  | $ | 2,702,540 |  |  | $ | 2,963,252 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: 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=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: 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 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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