XML 57 R46.htm IDEA: XBRL DOCUMENT v3.25.1
SEGMENTS - Schedule of Revenue, Significant Segment Expenses, Other Segment Items, and Profit and Loss Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total Revenues $ 684,088 $ 641,870
Significant Segment Expenses    
Depreciation of Lease Merchandise 460,443 431,571
Provision for Lease Merchandise Write-offs 48,018 43,141
Selling, General and Administrative 98,816 90,260
Provision for Loan Losses 14,362 11,049
Total 621,639 576,021
Other Segment Items:    
Depreciation and Amortization 6,122 8,018
Restructuring Expenses 6 18,014
Interest Expense 11,891 9,676
Interest Income (2,801) (1,426)
Total 15,218 34,282
EARNINGS BEFORE INCOME TAX EXPENSE 47,231 31,567
Lease Revenues and Fees    
Revenues:    
Total Revenues 651,557 620,550
Interest and Fees on Loans Receivable    
Revenues:    
Total Revenues 32,531 21,320
Other Segment Items:    
Subscription fee and interchange revenue 6,200 1,400
Operating Segments | Progressive Leasing    
Revenues:    
Total Revenues 651,557 620,550
Significant Segment Expenses    
Depreciation of Lease Merchandise 460,443 431,571
Provision for Lease Merchandise Write-offs 48,018 43,141
Selling, General and Administrative 82,174 76,573
Provision for Loan Losses 0 0
Total 590,635 551,285
Other Segment Items:    
Depreciation and Amortization 5,128 7,231
Restructuring Expenses 6 18,014
Interest Expense 9,964 9,676
Interest Income (2,801) (1,109)
Total 12,297 33,812
EARNINGS BEFORE INCOME TAX EXPENSE 48,625 35,453
Operating Segments | Vive    
Revenues:    
Total Revenues 15,660 16,051
Significant Segment Expenses    
Depreciation of Lease Merchandise 0 0
Provision for Lease Merchandise Write-offs 0 0
Selling, General and Administrative 7,299 6,769
Provision for Loan Losses 8,861 8,198
Total 16,160 14,967
Other Segment Items:    
Depreciation and Amortization 147 166
Restructuring Expenses 0 0
Interest Expense 186 0
Interest Income 0 0
Total 333 166
EARNINGS BEFORE INCOME TAX EXPENSE (833) 918
Operating Segments | Lease Revenues and Fees | Progressive Leasing    
Revenues:    
Total Revenues 651,557 620,550
Operating Segments | Lease Revenues and Fees | Vive    
Revenues:    
Total Revenues 0 0
Operating Segments | Interest and Fees on Loans Receivable | Progressive Leasing    
Revenues:    
Total Revenues 0 0
Operating Segments | Interest and Fees on Loans Receivable | Vive    
Revenues:    
Total Revenues 15,660 16,051
Other    
Revenues:    
Total Revenues 16,871 5,269
Significant Segment Expenses    
Depreciation of Lease Merchandise 0 0
Provision for Lease Merchandise Write-offs 0 0
Selling, General and Administrative 9,343 6,918
Provision for Loan Losses 5,501 2,851
Total 14,844 9,769
Other Segment Items:    
Depreciation and Amortization 847 621
Restructuring Expenses 0 0
Interest Expense 1,741 0
Interest Income 0 (317)
Total 2,588 304
EARNINGS BEFORE INCOME TAX EXPENSE (561) (4,804)
Other | Lease Revenues and Fees    
Revenues:    
Total Revenues 0 0
Other | Interest and Fees on Loans Receivable    
Revenues:    
Total Revenues 16,871 5,269
Intersegment Eliminations    
Other Segment Items:    
Interest Expense 2,000 300
Interest Income $ (2,000) $ (300)