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Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | The following table summarizes the major classes of line items constituting (loss) earnings of The Aaron's Company, which are included within the (loss) income from discontinued operations, net of income tax, in the consolidated statements of earnings and the operating and investing cash flows of the discontinued operations.
|  | 11 Months Ended November 30, |  | Year Ended December 31,
(In Thousands) |  | 2020 |  | 2019 |  | 2018
Total Revenues |  | $ | 1,591,217 |  |  | $ | 1,784,477 |  |  | $ | 1,792,624 |
Operating (Loss) Profit |  | (381,244) |  |  | 78,261 |  |  | 132,810 |
(Loss) Earnings before Income Taxes from Discontinued Operations 1 |  | (393,415) |  |  | 65,175 |  |  | 95,405 |
Income Tax (Benefit) Expense from Discontinued Operations |  | (98,323) |  |  | 9,088 |  |  | 24,498 |
(Loss) Earnings from Discontinued Operations, Net of Income Tax |  | $ | (295,092) |  |  | $ | 56,087 |  |  | $ | 70,907 |
Cash Flows: |  |  |  |  |  |
Cash Provided by Operating Activities from Discontinued Operations |  | $ | 193,319 |  |  | $ | 172,314 |  |  | $ | 199,539 |
Cash Used in Investing Activities from Discontinued Operations |  | $ | (64,508) |  |  | $ | (76,187) |  |  | $ | (246,002) |
1(Loss) Earnings before Income Taxes from Discontinued Operations during the year ended December 31, 2020 reflects a $446.9 million goodwill impairment loss related to the Aaron's Business segment, $36.5 million of third-party transaction costs related to the separation and distribution transaction, $14.7 million related to a sales and marketing early termination fee, and a $4.1 million loss on debt extinguishment. The following table summarizes the assets and liabilities of discontinued operations at December 31, 2019:
(In Thousands) |  | December 31, 2019
ASSETS: |  |
Cash and Cash Equivalents |  | $ | — |
Accounts Receivable, Net |  | 37,079 |
Lease Merchandise, Net |  | 781,598 |
Property, Plant and Equipment, Net |  | 207,301 |
Operating Lease Right-of-Use Assets |  | 304,932 |
Goodwill |  | 447,780 |
Other Intangibles, Net |  | 14,234 |
Income Tax Receivable |  | 1,083 |
Prepaid Expenses and Other Assets |  | 86,815 |
Total Assets of Discontinued Operations |  | $ | 1,880,822 |
LIABILITIES: |  |
Accounts Payable and Accrued Expenses |  | $ | 214,194 |
Deferred Income Tax Liability |  | 210,103 |
Customer Deposits and Advance Payments |  | 47,692 |
Operating Lease Liabilities |  | 335,482 |
Debt |  | 341,030 |
Total Liabilities of Discontinued Operations |  | $ | 1,148,501 |

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