v3.26.3
SEGMENTS - Schedule of Revenue, Significant Segment Expenses, Other Segment Items, and Profit and Loss Information (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Total revenues $ 725,779 $ 577,706 $ 2,188,168 $ 1,834,637
Significant Segment Expenses        
Depreciation of lease merchandise 376,821 378,499 1,150,142 1,224,049
Cost of product sales 75,826 0 214,034 0
Provision for lease merchandise write-offs 45,977 41,037 136,127 131,688
Selling, general and administrative 125,491 89,584 385,234 269,292
Provision for credit losses 30,526 9,991 85,360 23,535
Total 654,641 519,111 1,970,897 1,648,564
Other segment items:        
Depreciation and amortization 10,314 6,004 35,522 17,829
Restructuring and other expenses (798)   7,868  
Gain on sale of lease receivables (2,881)   (14,039)  
Gain on change in fair value of receivables (1,478)   (9,000)  
Interest expense 16,252 12,399 54,201 36,443
Interest income (2,581) (4,508) (7,961) (11,313)
Total 18,828 13,895 66,591 42,959
Earnings from continuing operations before income tax expense 52,310 44,700 150,680 143,114
Legal expenses     4,800  
Lease revenues and fees        
Revenues:        
Total revenues 552,266 556,583 1,698,960 1,777,814
Product and service revenues        
Revenues:        
Total revenues 128,941 0 363,854 0
Other revenue        
Revenues:        
Total revenues 44,572 21,123 125,354 56,823
Operating Segments | Progressive Leasing        
Revenues:        
Total revenues 552,730 556,583 1,700,148 1,777,814
Significant Segment Expenses        
Depreciation of lease merchandise 376,821 378,499 1,150,142 1,224,049
Cost of product sales 0   0  
Provision for lease merchandise write-offs 45,977 41,037 136,127 131,688
Selling, general and administrative 83,763 79,272 247,852 240,344
Provision for credit losses 0 0 0 0
Total 506,561 498,808 1,534,121 1,596,081
Other segment items:        
Depreciation and amortization 1,600 5,116 9,109 15,316
Restructuring and other expenses (1,628)   3,648  
Gain on sale of lease receivables (2,881)   (14,039)  
Gain on change in fair value of receivables 0   0  
Interest expense 10,241 10,106 35,387 30,180
Interest income (1,987) (4,185) (6,292) (10,672)
Total 5,345 11,037 27,813 34,824
Earnings from continuing operations before income tax expense 40,824 46,738 138,214 146,909
Operating Segments | Purchasing Power        
Revenues:        
Total revenues 131,796 0 369,315 0
Significant Segment Expenses        
Depreciation of lease merchandise 0 0 0 0
Cost of product sales 75,826   214,034  
Provision for lease merchandise write-offs 0 0 0 0
Selling, general and administrative 25,366 0 83,133 0
Provision for credit losses 16,011 0 43,920 0
Total 117,203 0 341,087 0
Other segment items:        
Depreciation and amortization 8,087 0 24,210 0
Restructuring and other expenses 830   4,217  
Gain on sale of lease receivables 0   0  
Gain on change in fair value of receivables (1,478)   (9,000)  
Interest expense 4,432 0 14,260 0
Interest income (241) 0 (631) 0
Total 11,630 0 33,056 0
Earnings from continuing operations before income tax expense 2,963 0 (4,828) 0
Operating Segments | Four        
Revenues:        
Total revenues 37,239 17,414 107,291 47,919
Significant Segment Expenses        
Depreciation of lease merchandise 0 0 0 0
Cost of product sales 0   0  
Provision for lease merchandise write-offs 0 0 0 0
Selling, general and administrative 14,023 7,275 39,619 19,641
Provision for credit losses 12,042 7,609 35,327 18,017
Total 26,065 14,884 74,946 37,658
Other segment items:        
Depreciation and amortization 4 243 513 883
Restructuring and other expenses 0   0  
Gain on sale of lease receivables 0   0  
Gain on change in fair value of receivables 0   0  
Interest expense 1,310 1,123 3,768 3,411
Interest income (123) (110) (368) (220)
Total 1,191 1,256 3,913 4,074
Earnings from continuing operations before income tax expense 9,983 1,274 28,432 6,187
Operating Segments | Lease revenues and fees | Progressive Leasing        
Revenues:        
Total revenues 552,266 556,583 1,698,960 1,777,814
Operating Segments | Lease revenues and fees | Purchasing Power        
Revenues:        
Total revenues 0 0 0 0
Operating Segments | Lease revenues and fees | Four        
Revenues:        
Total revenues 0 0 0 0
Operating Segments | Product and service revenues | Progressive Leasing        
Revenues:        
Total revenues 0   0  
Operating Segments | Product and service revenues | Purchasing Power        
Revenues:        
Total revenues 128,941   363,854  
Operating Segments | Product and service revenues | Four        
Revenues:        
Total revenues 0   0  
Operating Segments | Other revenue | Progressive Leasing        
Revenues:        
Total revenues 464 0 1,188 0
Operating Segments | Other revenue | Purchasing Power        
Revenues:        
Total revenues 2,855 0 5,461 0
Operating Segments | Other revenue | Four        
Revenues:        
Total revenues 37,239 17,414 107,291 47,919
Other        
Revenues:        
Total revenues 4,014 3,709 11,414 8,904
Significant Segment Expenses        
Depreciation of lease merchandise 0 0 0 0
Cost of product sales 0   0  
Provision for lease merchandise write-offs 0 0 0 0
Selling, general and administrative 2,339 3,037 14,630 9,307
Provision for credit losses 2,473 2,382 6,113 5,518
Total 4,812 5,419 20,743 14,825
Other segment items:        
Depreciation and amortization 623 645 1,690 1,630
Restructuring and other expenses 0   3  
Gain on sale of lease receivables 0   0  
Gain on change in fair value of receivables 0   0  
Interest expense 269 1,170 786 2,852
Interest income (230) (213) (670) (421)
Total 662 1,602 1,809 4,061
Earnings from continuing operations before income tax expense (1,460) (3,312) (11,138) (9,982)
Other | Lease revenues and fees        
Revenues:        
Total revenues 0 0 0 0
Other | Product and service revenues        
Revenues:        
Total revenues 0   0  
Other | Other revenue        
Revenues:        
Total revenues 4,014 3,709 11,414 8,904
Intersegment Eliminations        
Other segment items:        
Interest expense 2,100 2,600 6,400 6,900
Interest income $ (2,100) $ (2,600) $ (6,400) $ (6,900)