XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.21.2

Other Charges (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Restructuring and Related Activities [Abstract] |
Other Charges | Activity with respect to Other charges for the nine months ended September 30, 2021 is summarized in the below table:
(in thousands) | Accrued Charges at December 31, 2020 |  | Charges & Adjustments |  | Payments & Adjustments |  | Accrued Charges at September 30, 2021
Cash charges: |  |  |  |  |  |  |
Acima Holdings transaction costs | $ | 5,005 |  |  | $ | 17,336 |  |  | $ | (22,341) |  |  | $ | — |
Acima Holdings integration costs | — |  |  | 7,890 |  |  | (5,749) |  |  | 2,141 |
Other cash charges(1) | 344 |  |  | 323 |  |  | (667) |  |  | — |
Total cash charges | $ | 5,349 |  |  | 25,549 |  |  | $ | (28,757) |  |  | $ | 2,141 |
Non-cash charges: |  |  |  |  |  |  |
Depreciation and amortization of acquired assets(2) |  |  | 81,725 |  |  |  |  |
Acima Holdings restricted stock agreements(3) |  |  | 93,121 |  |  |  |  |
Asset impairments |  |  | 789 |  |  |  |  |
Other(4) |  |  | 10,911 |  |  |  |  |
Total other charges |  |  | $ | 212,095 |  |  |  |  |
(1) Represents employee severance, and shutdown and holding expenses related to store closures. (2) Represents amortization of the total fair value of acquired intangible assets and incremental depreciation related to the fair value increase over net book value of acquired software assets in connection with the acquisition of Acima Holdings as described in Note 2. (3) Represents stock compensation expense recognized for nine months ended September 30, 2021, related to common stock issued to Acima Holdings employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions, as described in Note 2 and Note 12. (4) Includes $10.7 million in legal settlement reserves and $0.2 million in state sales tax assessment reserves. Amounts accrued for potential settlements do not represent our maximum loss exposure. The amount of any loss ultimately incurred in relation to matters for which an accrual has been established may be significantly different than the amounts accrued for such matters due to the inherent uncertainty in litigation, regulatory and similar adversarial proceedings.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration