RESTRUCTURING EXPENSES

During 2022, the Company initiated restructuring activities intended to reduce expenses, consolidate certain segment corporate headquarters, and align the cost structure of the business with the Company's near-term revenue outlook. The Company has incurred aggregate expenses of $44.2 million since the inception of the restructuring activities in 2022. These costs were primarily comprised of early contract termination costs related to certain independent sales agreements and a third party service and marketing agreement, employee severance within Progressive Leasing, and operating lease right-of-use ("ROU") asset impairment charges related to the relocation of the Vive corporate headquarters to the Company's corporate office building and a reduction of management and information technology space. The Company has incurred additional restructuring expenses in October 2025 related to the Vive asset sale and decision to discontinue the operations of the Vive business, which is discussed further in footnote 8. The Company will continue to monitor the impacts of changes in macroeconomic conditions on its businesses and may take additional steps to further adjust the Company's cost structure based on unfavorable changes in these conditions, which may result in further restructuring charges in future periods.

The Company had no new restructuring activities during the three and nine months ended September 30, 2025. The following tables summarize restructuring charges recorded within operating expenses in the condensed consolidated statements of earnings for the three and nine months ended September 30, 2024:


	Three Months Ended September 30, 2024
(In Thousands)		Progressive Leasing		Vive		Other		Total
Severance		$	—	$	—	$	—	$	—



Other Restructuring Activities		6		—		—		6
Total Restructuring Expenses		$	6	$	—	$	—	$	6


	Nine Months Ended September 30, 2024
(In Thousands)		Progressive Leasing		Vive		Other		Total
Severance		$	4,336	$	—	$	628	$	4,964
Right-of-Use Asset Impairment1		4,515		—		—		4,515
Property and Equipment Impairment		1,503		—		—		1,503
Early Contract Termination Costs		7,750		—		2,000		9,750
Other Restructuring Activities		174		—		—		174
Total Restructuring Expenses		$	18,278	$	—	$	2,628	$	20,906

1 To determine the amount of impairment for vacated office space, the fair value of the right-of-use asset is calculated based on the present value of the estimated net cash flows related to the right-of-use asset.

The following table summarizes the accrual and payment activity related to the restructuring program for the nine months ended September 30, 2025 and 2024:


(In Thousands)	Severance		Early Contract Termination Costs		Other Restructuring Activities		Total
Balance at December 31, 2024	$	2,325	$	1,600	$	—	$	3,925

Cash Payments	(864)		—		—		(864)
Balance at September 30, 2025	$	1,461	$	1,600	$	—	$	3,061


(In Thousands)	Severance		Early Contract Termination Costs		Other Restructuring Activities		Total
Balance at December 31, 2023	$	2,675	$	2,500	$	—	$	5,175
Charges	4,964		9,750		174		14,888
Cash Payments	(6,564)		(10,650)		(174)		(17,388)
Balance at September 30, 2024	$	1,075	$	1,600	$	—	$	2,675