Rent a center inc de (RCII)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash flows from operating activities
Net earnings

215,515

173,546

134,719

116,360

35,658

8,492

41,652

16,135

-6,511

6,653

-174,554

-155,774

-136,935

-105,195

-958,685

-968,958

-955,757

-953,520

71,903

101,920

96,454

96,422

84,455

85,695

109,890

128,757

159,159

171,904

174,210

180,018

184,155

175,469

171,175

163,464

147,196

156,469

164,411

171,642

0

0

0

Adjustments to reconcile net earnings to net cash provided by operating activities
Depreciation of rental merchandise

624,687

619,353

610,299

617,075

617,620

616,640

610,391

609,067

612,030

618,390

627,676

634,003

643,507

657,090

675,394

693,642

712,506

718,100

718,540

711,722

695,294

685,115

672,927

668,062

660,667

652,161

643,769

632,571

624,483

620,917

613,730

600,058

581,965

556,945

536,294

521,372

512,140

506,854

0

0

0

Bad debt expense

15,884

15,077

15,829

14,742

14,115

14,610

15,023

15,153

15,717

15,702

15,253

15,044

15,237

15,449

15,657

15,238

15,182

15,260

15,532

16,126

15,557

15,509

15,591

15,017

15,356

14,589

20,235

17,783

15,525

12,953

14,318

14,542

14,031

14,227

6,536

8,131

13,571

16,168

0

0

0

Stock-based compensation expense

9,258

6,958

6,061

5,661

4,799

5,961

6,198

5,817

6,456

3,896

3,968

5,474

6,159

9,209

10,032

9,369

9,730

9,541

8,130

8,083

7,250

6,559

6,309

6,157

5,799

6,456

7,217

7,328

7,521

8,366

7,724

6,747

6,140

4,471

4,418

4,394

4,163

4,123

0

0

0

Depreciation of property assets

59,496

60,592

62,048

64,067

66,226

68,275

70,307

71,997

73,218

73,685

74,473

75,209

76,460

77,361

77,618

77,615

76,690

76,429

76,778

76,130

78,457

78,747

78,621

79,506

77,117

76,451

75,271

74,262

73,840

73,361

72,020

69,715

67,530

65,214

64,196

63,718

63,367

63,410

0

0

0

Loss on sale or disposal of property assets

24,320

23,537

-5,137

-6,437

-6,816

-7,388

-18,306

-17,051

-16,953

-15,795

-167

-1,943

-4,087

-3,718

-5,794

-11,389

-12,051

-11,897

-12,295

-11,041

-9,108

-10,363

-7,204

-2,634

-1,619

-1,499

-667

-1,777

-1,712

-465

2,187

1,848

2,025

2,237

8,717

12,117

12,713

13,599

0

0

0

Amortization of intangibles

963

723

412

446

593

671

737

779

838

4,908

5,082

5,391

5,885

2,176

2,489

2,747

2,965

3,333

3,357

3,309

3,094

2,955

2,797

2,542

2,523

2,491

2,523

3,400

4,048

4,668

5,305

4,968

4,762

4,285

3,156

2,297

1,348

701

0

0

0

Amortization of financing fees

2,422

2,987

3,986

4,743

5,116

5,486

5,465

5,454

5,254

4,667

3,148

2,573

2,194

2,217

3,132

3,134

3,135

3,126

2,956

3,039

3,118

3,218

3,454

3,435

3,370

3,191

3,029

2,868

2,765

2,765

2,766

2,709

2,530

2,344

2,155

2,037

2,038

2,047

0

0

0

Amortization of right-of-use operating lease assets

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

57,049

55,257

19,066

16,138

6,170

6,816

-47,744

-64,275

-74,242

-86,063

-52,113

-32,325

-36,281

-32,994

-56,206

-94,042

-118,148

-144,818

-11,307

7,156

15,675

26,796

-61,707

-44,699

-2,299

24,020

24,786

16,808

2,450

3,429

23,297

38,696

62,252

78,105

142,977

166,959

126,495

95,837

0

0

0

Excess tax benefit related to stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

175

241

342

331

401

-852

-710

406

1,733

3,670

3,667

4,348

3,360

15,585

15,091

7,036

5,904

-7,010

-9,118

-2,974

0

0

0

Impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,320

26,259

26,259

26,259

18,939

0

0

0

Changes in operating assets and liabilities
Rental merchandise

634,260

651,487

581,802

593,908

590,244

569,717

522,865

492,811

485,974

487,130

529,133

535,548

516,088

523,697

527,892

530,900

578,195

622,149

685,421

797,736

816,631

796,672

774,107

702,147

716,296

767,680

758,977

771,984

724,253

683,803

-662,601

-83,846

-364,943

-667,860

229,393

-618,859

-577,715

-567,733

0

0

0

Receivables

24,527

28,855

20,576

11,726

13,052

14,431

17,927

20,451

13,935

15,741

18,347

15,023

13,917

15,914

11,605

15,746

21,169

19,088

10,088

19,999

19,247

21,823

29,608

20,709

21,848

19,248

24,769

20,867

16,536

13,390

-2,614

-19,794

-18,370

-9,218

1,652

12,863

-1,199

-6,620

0

0

0

Prepaid expenses and other assets

2,468

-3,185

-25,848

-17,507

-27,634

-13,105

12,885

-2,665

15,451

9,622

-3,288

-7,066

-10,309

-104,379

-7,536

421

-1,345

-31,636

-1,906

-3,895

3,044

130,690

11,933

16,054

16,830

9,798

-1,890

-3,785

-9,783

-1,772

207,378

-1,281

-12,641

99,114

-228,327

-25,034

-11,218

-123,649

0

0

0

Operating lease right-of-use assets and lease liabilities

-6,562

-4,366

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable - trade

-12,049

54,282

6,979

3,260

28,054

23,486

9,857

-20,601

8,222

-17,886

-9,372

19,886

-10,699

11,883

-15,371

-23,592

-52,608

-45,523

-30,716

-2,800

22,120

21,440

17,911

-2,865

-10,247

19,373

-16,838

30,026

20,182

-3,999

46,203

28,026

25,053

-20,987

5,123

3,655

16,780

25,467

0

0

0

Operating lease liabilities

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

-109,373

-79,199

-24,226

2,876

7,306

40,248

-17,564

-4,420

-8,818

-18,657

11,835

-18,395

-14,510

-2,929

-41,302

-4,519

-48,054

-23,144

31,455

17,741

20,228

21,505

12,115

9,334

30,339

1,418

-4,171

6,243

769

14,724

6,888

-9,411

15,129

-19,942

10,815

-37,974

-54,617

-4,422

0

0

0

Net cash provided by operating activities

187,041

215,416

271,779

270,017

218,803

227,505

158,944

141,555

135,693

110,533

114,627

162,780

186,728

354,073

356,589

344,937

229,618

230,994

205,145

139,386

127,091

19,113

24,696

87,828

140,938

134,342

132,058

172,234

192,832

217,898

278,666

276,515

277,210

286,626

290,545

299,427

292,518

216,489

0

0

0

Cash flows from investing activities
Purchase of property assets

27,800

21,157

17,481

17,355

21,821

27,962

34,423

40,996

52,061

65,460

67,832

73,119

68,751

61,143

66,584

66,184

81,065

80,870

83,177

85,204

74,922

83,785

96,339

104,996

111,838

108,367

103,111

98,954

94,662

102,453

113,834

121,814

132,994

132,710

127,613

122,433

104,038

93,007

0

0

0

Proceeds from sale of property assets

61,429

69,717

25,765

24,317

24,329

25,317

17,161

18,518

13,626

4,638

4,707

3,256

4,633

5,262

8,305

15,038

16,420

15,964

20,627

15,215

15,115

14,474

24,365

21,803

19,972

19,973

1,706

6,165

4,952

4,984

4,947

168

169

208

273

287

248

203

0

0

0

Acquisitions of businesses

-

-

-

-

-

2,048

2,333

3,071

2,965

2,525

2,253

224

457

3,098

9,193

14,188

17,152

25,170

33,920

32,125

32,644

27,354

39,904

44,268

44,526

41,236

21,838

19,132

15,127

13,258

27,405

26,125

26,432

26,747

75,857

74,165

74,535

74,378

0

0

0

Net cash (used in) provided by investing activities

5,827

20,758

-19,442

6,515

900

-4,693

-19,595

-25,549

-41,400

-63,347

-65,378

-70,087

-64,575

-58,979

-67,472

-65,334

-81,797

-90,076

-96,470

-102,114

-92,451

-96,665

-111,878

-127,461

-136,392

-129,630

-123,243

-111,921

-104,837

-110,727

-136,292

-147,771

-159,257

-159,249

-203,197

-196,311

-178,325

-167,182

0

0

0

Cash flows from financing activities
Share repurchases

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

217,421

249,158

262,736

79,279

61,860

0

0

0

-

-

170,765

113,049

84,520

0

0

0

Exercise of stock options

5,101

6,799

6,150

4,741

3,918

1,401

1,064

1,070

645

270

0

0

0

-

-

-

-

1,485

3,624

4,180

4,537

4,647

3,638

7,423

8,862

11,932

13,557

13,364

13,563

14,121

20,179

16,832

17,281

34,910

35,343

35,689

39,171

19,040

0

0

0

Shares withheld for payment of employee tax withholdings

4,671

1,733

1,767

1,779

2,442

317

283

278

243

225

273

429

377

338

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit related to stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

175

241

342

331

401

-852

-710

406

1,733

3,670

3,667

4,348

3,360

2,673

2,615

7,036

7,168

7,010

9,118

2,974

0

0

0

Debt issuance costs

8,297

8,454

10,552

2,255

2,255

2,098

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

51

134

157

285

440

563

795

979

0

0

0

Proceeds from debt

498,000

305,400

285,400

5,610

5,610

27,060

157,815

286,905

288,110

347,635

217,515

88,215

131,210

52,245

192,255

235,060

380,340

531,180

594,515

708,190

754,530

772,860

845,590

860,740

989,500

908,145

916,020

799,575

555,650

606,570

645,865

1,107,750

1,013,665

982,825

0

0

0

-

-

-

0

Repayments of debt

678,740

608,640

568,141

46,748

67,310

166,358

263,010

350,456

346,662

400,151

304,695

176,465

224,459

286,065

371,505

455,575

522,851

605,620

655,286

695,235

730,780

646,323

705,030

791,278

755,785

679,370

674,745

593,555

566,105

659,745

740,905

1,101,539

1,020,509

943,264

903,049

442,439

442,212

402,274

0

0

0

Dividends paid

0

-

-

-

0

-

-

-

-

12,811

17,074

17,059

17,049

25,554

34,051

42,552

51,042

51,011

50,435

49,849

49,258

48,663

47,724

46,762

46,769

46,809

44,925

43,242

40,587

37,866

37,911

38,248

32,554

26,891

21,340

15,425

11,607

7,804

0

0

0

Net cash provided by financing activities

-246,029

-321,627

-288,910

-40,431

-62,479

-140,312

-104,414

-72,289

-71,951

-70,540

-109,515

-105,568

-110,675

-259,712

-214,004

-263,351

-193,189

-124,386

-107,407

-32,473

-20,629

82,852

96,873

29,269

-4,904

-23,117

-37,518

-82,927

-113,109

-134,459

-139,585

-100,683

-155,299

-109,838

-89,832

-104,913

-54,874

-81,333

0

0

0

Effect of exchange rate changes on cash

-1,664

556

-753

205

-873

-77

-135

-715

923

926

6,169

-1,464

288

-349

-4,880

1,407

-1,385

-2,295

-3,154

-2,356

-1,908

-1,448

-590

-59

-884

-408

-240

-26

402

310

2,986

-961

-688

-201

-2,266

1,734

1,183

950

0

0

0

Net increase in cash and cash equivalents

-54,825

-84,897

-37,326

236,306

156,351

82,423

34,800

43,002

23,265

-22,428

-54,097

-14,339

11,766

35,033

70,233

17,659

-46,753

14,237

-1,886

2,443

12,103

3,852

9,101

-10,423

-1,242

-18,813

-28,943

-22,640

-24,712

-26,978

5,775

27,100

-38,034

17,338

-4,750

-63

60,502

-31,076

0

0

0