BASIS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Accounting Policies [Abstract] |
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| Schedule of Calculation of Dilutive Share-Based Awards |
The following table shows the calculation of dilutive share-based awards: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | (shares in thousands) | 2026 | | 2025 | | 2026 | | 2025 | Weighted average shares outstanding | 39,627 | | | 39,700 | | | 39,900 | | | 40,220 | | Dilutive effect of share-based awards | 923 | | | 781 | | | 797 | | | 740 | | Weighted average diluted shares outstanding | 40,550 | | | 40,481 | | | 40,697 | | | 40,960 | |
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| Schedule of Allowance for Lease Merchandise Write-Offs |
The following table shows the components of the allowance for lease merchandise write-offs, which is included within lease merchandise, net in the condensed consolidated balance sheets: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | Beginning balance | $ | 52,019 | | | $ | 48,863 | | | $ | 47,000 | | | $ | 51,874 | | Net book value of merchandise written off | (46,851) | | | (43,135) | | | (136,102) | | | (140,947) | | | Recoveries | 1,936 | | | 2,023 | | | 6,056 | | | 6,173 | | Provision for write-offs | 45,977 | | | 41,037 | | | 136,127 | | | 131,688 | | Ending balance | $ | 53,081 | | | $ | 48,788 | | | $ | 53,081 | | | $ | 48,788 | |
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| Schedule of Cash and Cash Equivalents |
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets to the total amount shown in the condensed consolidated statements of cash flows: | | | | | | | | | | | | | September 30, | | (in thousands) | 2026 | | 2025 | | Cash and cash equivalents | $ | 108,917 | | | $ | 292,610 | | | Restricted cash | 9,663 | | | — | | | Total cash, cash equivalents and restricted cash per statement of cash flows | $ | 118,580 | | | $ | 292,610 | |
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| Schedule of Restricted Cash |
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets to the total amount shown in the condensed consolidated statements of cash flows: | | | | | | | | | | | | | September 30, | | (in thousands) | 2026 | | 2025 | | Cash and cash equivalents | $ | 108,917 | | | $ | 292,610 | | | Restricted cash | 9,663 | | | — | | | Total cash, cash equivalents and restricted cash per statement of cash flows | $ | 118,580 | | | $ | 292,610 | |
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| Schedule of Prepaid Expenses and Other Assets |
Prepaid expenses and other assets consist of the following: | | | | | | | | | | | | (in thousands) | September 30, 2026 | | December 31, 2025 | Prepaid expenses | $ | 35,599 | | | $ | 28,885 | | Prepaid lease merchandise | 9,391 | | | 14,233 | | Prepaid software expenses | 14,775 | | | 10,321 | | Unamortized initial direct costs on lease agreement originations | 6,840 | | | 6,838 | | Operating lease right-of-use assets | 17,707 | | | 2,740 | | Inventories | 3,636 | | | — | | | | | | Other assets | 16,864 | | | 10,366 | | Prepaid expenses and other assets | $ | 104,812 | | | $ | 73,383 | |
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| Schedule of Accounts Payable and Accrued Expenses |
Accounts payable and accrued expenses consist of the following: | | | | | | | | | | | | (in thousands) | September 30, 2026 | | December 31, 2025 | Accounts payable | $ | 46,911 | | | $ | 18,504 | | Accrued salaries and benefits | 33,600 | | | 16,201 | | Accrued sales and personal property taxes | 15,724 | | | 9,588 | | Income taxes payable | 1,766 | | | 1,177 | | Uncertain tax positions | 3,422 | | | 2,695 | | Accrued vendor rebates | 10,185 | | | 13,212 | | Other accrued expenses and liabilities | 48,119 | | | 35,094 | | Accounts payable and accrued expenses | $ | 159,727 | | | $ | 96,471 | |
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| Schedule of Indefinite-Lived Intangible Assets |
The following table summarizes information related to indefinite-lived intangible assets at September 30, 2026 and December 31, 2025: | | | | | | | | | | | | (in thousands) | September 30, 2026 | | December 31, 2025 | Trade Name | $ | 53,000 | | | $ | 53,000 | | | Goodwill | | | | Progressive Leasing | $ | 288,801 | | | $ | 288,801 | | Purchasing Power | 110,653 | | | — | | Four | 7,260 | | | 7,260 | | Total goodwill | $ | 406,714 | | | $ | 296,061 | | Indefinite-lived intangible assets | $ | 459,714 | | | $ | 349,061 | |
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| Schedule of Definite-Lived Intangible Assets |
The following table summarizes information related to definite-lived intangible assets at September 30, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2026 | December 31, 2025 | (in thousands) | Gross | | Accumulated amortization | | Net | Gross | | Accumulated amortization | | Net | Client relationships | $ | 258,000 | | | $ | (19,350) | | | $ | 238,650 | | $ | — | | | $ | — | | | $ | — | | Retail partner and broker relationships | 205,587 | | | (183,387) | | | 22,200 | | 181,586 | | | (177,271) | | | 4,315 | | Trademarks and trade names | 29,620 | | | (1,676) | | | 27,944 | | 587 | | | (528) | | | 59 | | Internally developed technology | 92,000 | | | (85,200) | | | 6,800 | | 84,000 | | | (83,600) | | | 400 | | | Total | $ | 585,207 | | | $ | (289,613) | | | $ | 295,594 | | $ | 266,173 | | | $ | (261,399) | | | $ | 4,774 | |
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| Schedule of Changes in Stockholders Equity |
Changes in shareholders' equity for the nine months ended September 30, 2026 and 2025 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Treasury stock | | Common stock | | Additional paid-in capital | | Retained earnings | | Total shareholders' equity | (in thousands) | Shares | | Amount | | Shares | | Amount | | | | Balance, December 31, 2025 | (42,503) | | | $ | (1,252,890) | | | 82,079 | | | $ | 41,039 | | | $ | 363,583 | | | $ | 1,594,685 | | | $ | 746,417 | | Cash dividends, $0.14 per share | — | | | — | | | — | | | — | | | — | | | (5,860) | | | (5,860) | | Stock-based compensation | — | | | — | | | — | | | — | | | 7,651 | | | — | | | 7,651 | | Reissued shares | 488 | | | 12,841 | | | — | | | — | | | (22,748) | | | — | | | (9,907) | | | | | | | | | | | | | | | | Net earnings | — | | | — | | | — | | | — | | | — | | | 36,054 | | | 36,054 | | | Balance, March 31, 2026 | (42,015) | | | $ | (1,240,049) | | | 82,079 | | | $ | 41,039 | | | $ | 348,486 | | | $ | 1,624,879 | | | $ | 774,355 | | Cash dividends, $0.14 per share | — | | | — | | | — | | | — | | | — | | | (5,864) | | | (5,864) | | | Stock-based compensation | — | | | — | | | — | | | — | | | 9,209 | | | — | | | 9,209 | | | Reissued shares | 48 | | | 1,358 | | | — | | | — | | | (562) | | | — | | | 796 | | | Repurchased shares | (280) | | | (10,185) | | | — | | | — | | | — | | | — | | | (10,185) | | | Net earnings | — | | | — | | | — | | | — | | | — | | | 37,029 | | | 37,029 | | | Balance, June 30, 2026 | (42,247) | | | $ | (1,248,876) | | | 82,079 | | | $ | 41,039 | | | $ | 357,133 | | | $ | 1,656,044 | | | $ | 805,340 | | Cash dividends, $0.14 per share | — | | | — | | | — | | | — | | | — | | | (5,772) | | | (5,772) | | | Stock-based compensation | — | | | — | | | — | | | — | | | 8,129 | | | — | | | 8,129 | | | Reissued shares | 50 | | | 1,340 | | | — | | | — | | | (1,426) | | | — | | | (86) | | | Repurchased shares | (885) | | | (36,856) | | | — | | | — | | | — | | | — | | | (36,856) | | | Net earnings | — | | | — | | | — | | | — | | | — | | | 37,242 | | | 37,242 | | Balance, September 30, 2026 | (43,082) | | | $ | (1,284,392) | | | 82,079 | | | $ | 41,039 | | | $ | 363,836 | | | $ | 1,687,514 | | | $ | 807,997 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Treasury stock | | Common stock | | Additional paid-in capital | | Retained earnings | | Total shareholders' equity | (in thousands) | Shares | | Amount | | Shares | | Amount | | | | Balance, December 31, 2024 | (41,263) | | | $ | (1,218,746) | | | 82,079 | | | $ | 41,039 | | | $ | 358,538 | | | $ | 1,469,450 | | | $ | 650,281 | | Cash dividends, $0.13 per share | — | | | — | | | — | | | — | | | — | | | (5,465) | | | (5,465) | | Stock-based compensation | — | | | — | | | — | | | — | | | 7,806 | | | — | | | 7,806 | | Reissued shares | 474 | | | 14,338 | | | — | | | — | | | (21,062) | | | — | | | (6,724) | | Repurchased shares | (936) | | | (26,168) | | | — | | | — | | | — | | | — | | | (26,168) | | Net earnings | — | | | — | | | — | | | — | | | — | | | 34,718 | | | 34,718 | | Balance, March 31, 2025 | (41,725) | | | $ | (1,230,576) | | | 82,079 | | | $ | 41,039 | | | $ | 345,282 | | | $ | 1,498,703 | | | $ | 654,448 | | Cash dividends, $0.13 per share | — | | | — | | | — | | | — | | | — | | | (5,418) | | | (5,418) | | | Stock-based compensation | — | | | — | | | — | | | — | | | 6,646 | | | — | | | 6,646 | | | Reissued shares | 90 | | | 2,629 | | | — | | | — | | | (2,221) | | | — | | | 408 | | | Repurchased shares | (900) | | | (25,894) | | | — | | | — | | | — | | | — | | | (25,894) | | | Net earnings | — | | | — | | | — | | | — | | | — | | | 38,483 | | | 38,483 | | | Balance, June 30, 2025 | (42,535) | | | $ | (1,253,841) | | | 82,079 | | | $ | 41,039 | | | $ | 349,707 | | | $ | 1,531,768 | | | $ | 668,673 | | Cash dividends, $0.13 per share | — | | | — | | | — | | | — | | | — | | | (5,335) | | | (5,335) | | | Stock-based compensation | — | | | — | | | — | | | — | | | 7,107 | | | — | | | 7,107 | | | Reissued shares | 2 | | | 60 | | | — | | | — | | | (69) | | | — | | | (9) | | | | | | | | | | | | | | | | | Net earnings | — | | | — | | | — | | | — | | | — | | | 33,121 | | | 33,121 | | | Balance, September 30, 2025 | (42,533) | | | $ | (1,253,781) | | | 82,079 | | | $ | 41,039 | | | $ | 356,745 | | | $ | 1,559,554 | | | $ | 703,557 | |
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