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Subsequent Events | 6 Months Ended
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Jun. 30, 2018
Subsequent Events [Abstract] |
Subsequent Events | SUBSEQUENT EVENTS Franchisee Acquisitions During July 2018, the Company acquired 90 Aaron’s-branded franchised stores operated by three franchisees for an aggregated price of approximately $127 million. The acquisitions are expected to benefit the Company’s omnichannel platform through added scale, strengthening its presence in certain geographic markets, and enhanced operational control to execute our business transformation initiatives. The acquisitions will be accounted for as business combinations, and the results of operations of the acquired businesses will be included in the Company’s results of operations from their respective acquisition dates during July 2018. The Company has not yet completed its initial accounting to fair value the acquired assets and liabilities assumed for these acquisitions.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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