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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES:      
Net (Loss) Earnings $ (61,465) $ 31,472 $ 196,210
Adjustments to Reconcile Net (Loss) Earnings to Net Cash Provided by Operating Activities:      
Depreciation of Lease Merchandise 2,163,443 1,972,358 1,727,904
Other Depreciation and Amortization 93,814 105,061 94,150
Accounts Receivable Provision 254,168 322,963 268,088
Provision for Credit Losses on Loans Receivable 34,038 21,667 21,063
Stock-Based Compensation 41,218 26,548 28,182
Deferred Income Taxes (141,407) 49,967 48,359
Impairment of Goodwill 446,893 0 0
Impairment of Assets 23,788 30,344 20,098
Non-Cash Lease Expense 92,277 114,934 0
Other Changes, Net 9,172 (9,886) (2,198)
Changes in Operating Assets and Liabilities, Net of Effects of Acquisitions and Dispositions:      
Additions to Lease Merchandise (2,351,064) (2,484,755) (2,234,646)
Book Value of Lease Merchandise Sold or Disposed 317,763 401,960 398,748
Accounts Receivable (250,159) (331,636) (270,888)
Prepaid Expenses and Other Assets 7,753 (25,860) 5,903
Income Tax Receivable 17,066 10,458 70,875
Operating Lease Right-of-Use Assets and Liabilities (109,356) (124,384) 0
Accounts Payable and Accrued Expenses 39,660 20,183 (20,367)
Accrued Regulatory Expense (175,000) 175,000 0
Customer Deposits and Advance Payments 3,362 10,791 5,017
Cash Provided by Operating Activities 455,964 317,185 356,498
INVESTING ACTIVITIES:      
Investments in Loans Receivable (112,596) (70,313) (64,914)
Proceeds from Loans Receivable 69,358 53,170 57,328
Proceeds from Investments 0 1,212 3,066
Outflows on Purchases of Property, Plant & Equipment (64,345) (92,963) (78,845)
Proceeds from Property, Plant, and Equipment 7,482 14,090 9,191
Outflows on Acquisitions of Businesses and Customer Agreements, Net of Cash Acquired (14,793) (14,285) (189,901)
Proceeds from Dispositions of Businesses and Customer Agreements, Net of Cash Disposed 359 2,813 942
Cash Used in Investing Activities (114,535) (106,276) (263,133)
FINANCING ACTIVITIES:      
Borrowings (Repayments) on Revolving Facility, Net   (16,000)  
Borrowings (Repayments) on Revolving Facility, Net 50,000   16,000
Proceeds from Debt 5,625 0 137,500
Repayments on Debt (347,646) (68,531) (97,583)
Acquisition of Treasury Stock 0 (69,255) (168,735)
Dividends Paid (13,778) (9,437) (6,243)
Issuance of Stock Under Stock Option Plans 12,362 7,749 7,975
Shares Withheld for Tax Payments (11,734) (13,038) (17,347)
Debt Issuance Costs (3,233) (40) (535)
Transfer of Cash to The Aaron's Company (54,150) 0 0
Cash Used in Financing Activities (362,554) (168,552) (128,968)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 15 120 (156)
(Decrease) Increase in Cash and Cash Equivalents (21,110) 42,477 (35,759)
Cash and Cash Equivalents at Beginning of Year 57,755 15,278 51,037
Cash and Cash Equivalents at End of Year 36,645 57,755 15,278
Net Cash Paid (Received) During the Year:      
Interest 10,447 16,460 16,243
Income Taxes $ 29,000 $ (726) $ (63,829)