XML 24 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUES:      
Revenues $ 2,484,595 $ 2,163,179 $ 2,036,299
Interest and Fee Income, Loans and Leases 41,190 35,046 37,318
COSTS AND EXPENSES:      
Depreciation of Lease Merchandise 1,690,922 1,445,027 1,219,034
Provision for Lease Merchandise Write-offs 131,332 153,516 123,347
Operating Expenses 373,460 357,762 537,119
Legal and Regulatory (Income) Expense, Net of Insurance Recoveries (835) 179,261 0
Separation Related Charges 17,953 0 0
Costs and Expenses 2,212,832 2,135,566 1,879,500
OPERATING PROFIT 271,763 27,613 156,799
Interest Expense (187) 0 0
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAX EXPENSE 271,576 27,613 156,799
INCOME TAX EXPENSE 37,949 52,228 31,496
NET EARNINGS (LOSS) FROM CONTINUING OPERATIONS 233,627 (24,615) 125,303
Earnings from Discontinued Operations, Net of Tax (295,092) 56,087 70,907
Net (Loss) Earnings $ (61,465) $ 31,472 $ 196,210
BASIC EARNINGS (LOSS) PER SHARE:      
Continuing Operations (in dollars per share) $ 3.47 $ (0.37) $ 1.81
Discontinued Operations (in dollars per share) (4.39) 0.83 1.03
Earnings Per Share (in dollars per share) (0.91) 0.47 2.84
DILUTED EARNINGS (LOSS) PER SHARE:      
Continuing Operations (in dollars per share) 3.43 (0.37) 1.77
Discontinued Operations (in dollars per share) (4.34) 0.83 1.01
Earnings Per Share Assuming Dilution (in dollars per share) $ (0.90) $ 0.47 $ 2.78
WEIGHTED AVERAGE SHARES OUTSTANDING:      
Basic ( in shares) 67,261 67,322 69,128
Assuming Dilution (in shares) 68,022 67,322 70,597
Lease Revenues and Fees      
REVENUES:      
Revenues $ 2,443,405 $ 2,128,133 $ 1,998,981