Upbound (UPBD) 10-Q 25 Jul 14 2014 Q2 Quarterly report Financial data

Document_and_Company_Informati

Document and Company Information	6 Months Ended
	Jun. 30, 2014	Jul. 21, 2014
Document And Entity Information	'	'
Entity Registrant Name	'RENT A CENTER INC DE	'
Entity Central Index Key	'0000933036	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Trading Symbol	'RCII	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'Yes	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	52,852,603

Consolidated_Statements_of_Ear

Consolidated Statements of Earnings (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Store	'	'	'	'
Rentals and fees	$684,134	$668,947	$1,378,302	$1,342,551
Merchandise sales	59,610	59,790	167,671	173,363
Installment sales	18,054	17,537	36,410	34,664
Other	3,734	5,001	7,992	9,761
Store revenues	765,532	751,275	1,590,375	1,560,339
Franchise	'	'	'	'
Merchandise sales	5,963	7,843	13,287	16,676
Royalty income and fees	1,722	1,393	3,301	2,777
Revenues	773,217	760,511	1,606,963	1,579,792
Store	'	'	'	'
Cost of rentals and fees	177,512	168,928	355,382	336,847
Cost of merchandise sold	47,113	47,260	126,730	133,559
Cost of installment sales	6,358	6,189	12,740	12,158
Cost of store revenues	230,983	222,377	494,852	482,564
Franchise	'	'	'	'
Franchise cost of merchandise sold	5,737	7,514	12,737	15,930
Cost of revenues	236,720	229,891	507,589	498,494
Gross profit	536,497	530,620	1,099,374	1,081,298
Operating expenses	'	'	'	'
Salaries and other expenses	443,799	413,865	901,429	846,056
General and administrative expenses	46,117	38,360	90,854	77,173
Amortization and write-down of intangibles	2,045	1,165	2,792	2,055
Restructuring charge	4,377	0	4,377	0
Total operating expenses	496,338	453,390	999,452	925,284
Operating profit	40,159	77,230	99,922	156,014
Finance charges from refinancing	0	0	1,946	0
Interest expense	11,796	9,856	23,197	17,857
Interest income	-245	-183	-481	-476
Earnings before income taxes	28,608	67,557	75,260	138,633
Income tax expense	11,075	25,681	28,870	50,624
NET EARNINGS	$17,533	$41,876	$46,390	$88,009
Basic earnings per common share	$0.33	$0.76	$0.88	$1.56
Diluted earnings per common share	$0.33	$0.76	$0.87	$1.55
Cash dividends declared per common share	$0.23	$0.21	$0.46	$0.42

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]	'	'	'	'
Net earnings	$17,533	$41,876	$46,390	$88,009
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	268	-2,994	171	-1,371
Total other comprehensive income (loss)	268	-2,994	171	-1,371
COMPREHENSIVE INCOME	$17,801	$38,882	$46,561	$86,638

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
ASSETS	'	'
Cash and cash equivalents	$68,068	$42,274
Receivables, net of allowance for doubtful accounts of $3,170 in 2014 and $3,700 in 2013	59,520	58,686
Prepaid expenses and other assets	75,063	78,471
Rental merchandise, net	'	'
On rent	855,821	914,618
Held for rent	247,375	210,450
Merchandise held for installment sale	3,717	4,038
Property assets, net of accumulated depreciation of $448,912 in 2014 and $433,935 in 2013	335,451	336,498
Goodwill	1,364,838	1,364,549
Other intangible assets, net	7,907	8,969
Total Assets	3,017,760	3,018,553
LIABILITIES	'	'
Accounts payable - trade	119,502	120,166
Accrued liabilities	312,256	315,235
Deferred income taxes	272,122	323,326
Senior debt	393,238	366,275
Senior notes	550,000	550,000
Total Liabilities	1,647,118	1,675,002
COMMITMENTS AND CONTINGENCIES	'	'
STOCKHOLDERS' EQUITY	'	'
Common stock, $.01 par value; 250,000,000 shares authorized; 109,214,255 and 109,108,218 shares issued in 2014 and 2013, respectively	1,092	1,091
Additional paid-in capital	807,022	802,124
Retained earnings	1,910,023	1,888,002
Treasury stock at cost, 56,369,752 shares in 2014 and 2013	-1,347,677	-1,347,677
Accumulated other comprehensive income	182	11
Total Stockholders' Equity	1,370,642	1,343,551
Total Liabilities and Stockholders' Equity	$3,017,760	$3,018,553

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Allowance for doubtful accounts	$3,170	$3,700
Accumulated depreciation, property assets	$448,912	$433,935
Common stock - par value	$0.01	$0.01
Common stock - shares authorized	250,000,000	250,000,000
Common stock - shares issued	109,214,255	109,108,218
Treasury stock - shares at cost	56,369,752	56,369,752

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities	'	'
Net earnings	$46,390	$88,009
Adjustments to reconcile net earnings to net cash provided by operating activities	'	'
Depreciation of rental merchandise	339,773	323,136
Bad debt expense	6,205	5,777
Stock-based compensation expense	3,462	3,761
Depreciation of property assets	40,288	37,233
Loss on sale or disposal of property assets	2,772	1,637
Amortization of intangibles	1,456	1,405
Amortization of financing fees	1,729	1,485
Finance charges from refinancing	1,946	0
Deferred income taxes	-51,204	16,618
Excess tax benefit related to stock awards	-157	-1,415
Changes in operating assets and liabilities, net of effects of acquisitions	'	'
Rental merchandise	-313,324	-367,254
Receivables	-7,039	-5,586
Prepaid expenses and other assets	270	-264
Accounts payable - trade	-663	21,303
Accrued liabilities	-2,943	-10,370
Net cash provided by operating activities	68,961	115,475
Cash flows from investing activities	'	'
Purchase of property assets	-41,450	-44,821
Proceeds from sale of property assets	3,103	1,273
Acquisitions of businesses	-9,300	-6,268
Net cash used in investing activities	-47,647	-49,816
Cash flows from financing activities	'	'
Purchase of treasury stock	0	-217,419
Exercise of stock options	1,622	6,131
Excess tax benefit related to stock awards	157	1,415
Proceeds from debt	412,400	459,805
Repayments of debt	-385,438	-273,530
Dividends paid	-24,307	-24,354
Net cash used in financing activities	4,434	-47,952
Effect of exchange rate changes on cash	46	-303
NET INCREASE IN CASH AND CASH EQUIVALENTS	25,794	17,404
Cash and cash equivalents at beginning of period	42,274	61,087
Cash and cash equivalents at end of period	$68,068	$78,491

Consolidated_Statements_of_Cas1

Consolidated Statements of Cash Flows Consolidated Statements of Cash Flows (Parenthetical) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014
Other Significant Noncash Transactions [Line Items]	'
Borrowing in Revolving Debt	$100
Repayment of Revolving Debt	140
Borrowing in Term Loans	225
Repayment of Term Loans	187.5
Net Cash Payment in Debt Refinancing	$2.50

Significant_Accounting_Policie

Significant Accounting Policies and Nature of Operations	6 Months Ended
	Jun. 30, 2014
Significant Accounting Policies and Nature of Operations [Abstract]	'
Significant Accounting Policies and Nature of Operations	'
	Significant Accounting Policies and Nature of Operations.
	The interim consolidated financial statements of Rent-A-Center, Inc. included herein have been prepared by us pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to the SEC’s rules and regulations, although we believe the disclosures are adequate to make the information presented not misleading. We suggest these financial statements be read in conjunction with the financial statements and notes included in our Annual Report on Form 10-K for the year ended December 31, 2013. In our opinion, the accompanying unaudited interim financial statements contain all adjustments, consisting only of those of a normal recurring nature, necessary to present fairly our results of operations and cash flows for the periods presented. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year.
	Principles of Consolidation and Nature of Operations. These financial statements include the accounts of Rent-A-Center, Inc. and its direct and indirect subsidiaries. All intercompany accounts and transactions have been eliminated. Unless the context indicates otherwise, references to “Rent-A-Center” refer only to Rent-A-Center, Inc., the parent, and references to “we,” “us” and “our” refer to the consolidated business operations of Rent-A-Center and any or all of its direct and indirect subsidiaries. We report four operating segments: Core U.S., Acceptance Now, Mexico (formerly reported as International, see Note 9 to the consolidated financial statements) and Franchising.
	Our Core U.S. segment consists of company-owned rent-to-own stores in the United States, Canada and Puerto Rico that lease household durable goods to customers on a rent-to-own basis. Our stores in Canada operate under the name “Rent-A-Centre.” We also offer merchandise on an installment sales basis in certain of our stores under the names “Get It Now” and “Home Choice.”
	Our Acceptance Now segment generally offers the rent-to-own transaction to consumers who do not qualify for financing from the traditional retailer of household durable goods through kiosks located within such retailers’ locations.
	Our Mexico segment consists of our company-owned rent-to-own stores in Mexico that lease household durable goods to customers on a rent-to-own basis.
	Rent-A-Center Franchising International, Inc., an indirect wholly owned subsidiary of Rent-A-Center, is a franchisor of rent-to-own stores. Our Franchising segment’s primary source of revenue is the sale of rental merchandise to its franchisees, who in turn offer the merchandise to the general public for rent or purchase under a rent-to-own transaction. The balance of our Franchising segment’s revenue is generated primarily from royalties based on franchisees’ monthly gross revenues.
	Rental Merchandise. Rental merchandise is carried at cost, net of accumulated depreciation. Depreciation for merchandise is generally provided using the income forecasting method, which is intended to match as closely as practicable the recognition of depreciation expense with the consumption of the rental merchandise, and assumes no salvage value. The consumption of rental merchandise occurs during periods of rental and directly coincides with the receipt of rental revenue over the rental purchase agreement period. Under the income forecasting method, merchandise held for rent is not depreciated and merchandise on rent is depreciated in the proportion of rents received to total rents provided in the rental contract, which is an activity-based method similar to the units of production method. We depreciate merchandise that is held for rent for at least 180 consecutive days using the straight-line method over a period generally not to exceed 18 months.
	Rental merchandise which is damaged and inoperable is expensed when such impairment occurs. If a customer does not return the merchandise or make payment, the remaining book value of the rental merchandise associated with delinquent accounts is generally charged off on or before the 90th day following the time the account became past due in the Core U.S. and Mexico segments, and on or before the 150th day in the Acceptance Now segment. We maintain a reserve for these expected expenses. In addition, any minor repairs made to rental merchandise are expensed at the time of the repair.
	Correction of Immaterial Errors
	During the fourth quarter of 2013, we identified errors in accounting for our estimates for rental merchandise reserves and for the allowance for doubtful accounts, resulting in an immaterial overstatement of on rent merchandise and understatements of held for rent merchandise and receivables which affected periods beginning prior to 2011 through December 31, 2013. In accordance with Staff Accounting Bulletin (SAB) No. 99, Materiality, and SAB No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements, management evaluated the materiality of the errors from qualitative and quantitative perspectives, and concluded the errors were immaterial to the prior periods. The errors resulted in an understatement of salaries and other expenses of $0.2 million and $0.7 million for the three- and six-month periods ended June 30, 2013, respectively. The understatement of salaries and other expenses discussed above, adjusted for the related income tax impact, resulted in an overstatement of net earnings of $0.1 million and $0.4 million for the three- and six-month periods ended June 30, 2013, respectively. Due to the immaterial nature of the error correction, we revised our historical financial statements based on the amounts discussed above for 2013 herein.
	Use of Estimates. In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, we are required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent losses and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. In applying accounting principles, we must often make individual estimates and assumptions regarding expected outcomes or uncertainties. Our estimates, judgments and assumptions are continually evaluated based on available information and experience. Because of the use of estimates inherent in the financial reporting process, actual results could differ from those estimates.
	New Accounting Pronouncements. In July 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2013-11, Presentation of Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, an amendment to FASB Accounting Standards Codification Topic 740, Income Taxes. This update clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. In situations where a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the jurisdiction does not require, and the entity does not intend to use the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. This ASU is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. We adopted this standard prospectively effective January 1, 2014, and it did not have a material impact on our consolidated statement of earnings, financial condition, statement of cash flows or earnings per share.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which clarifies existing accounting literature relating to how and when a company recognizes revenue. Under ASU 2014-09, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods and services. ASU 2014-09 will be effective for Rent-A-Center beginning January 1, 2017, and early adoption is not permitted. The ASU allows adoption with either retrospective application to each prior period presented, or retrospective application with the cumulative effect recognized as of the date of initial application. We are currently in the process of determining what impact, if any, the adoption of this ASU will have on our financial position, results of operations and cash flows, and we are evaluating the transition alternatives.
	From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board ("FASB") or other standards setting bodies that we adopt as of the specified effective date. Unless otherwise discussed, we believe the impact of any other recently issued standards that are not yet effective are either not applicable to us at this time or will not have a material impact on our consolidated financial statements upon adoption.

Intangible_Assets_and_Acquisit

Intangible Assets and Acquisitions	6 Months Ended
	Jun. 30, 2014
Intangible Assets and Acquisitions [Abstract]	'
Intangible Assets and Acquisitions	'
	Intangible Assets and Acquisitions.
	Amortizable intangible assets consist of the following (in thousands):
				30-Jun-14						31-Dec-13
		Avg.		Gross				Accumulated		Gross		Accumulated
		Life		Carrying				Amortization		Carrying		Amortization
		(years)		Amount						Amount
	Non-compete agreements	3		$	6,337			$	6,145	$	6,337	$	6,102
	Customer relationships	2		75,195				73,030		74,799		71,899
	Vendor relationships	11		7,538				1,988		7,538		1,704
	Total			$	89,070			$	81,163	$	88,674	$	79,705
	The weighted average amortization period was approximately 21 months for intangible assets added during the six-month period ended June 30, 2014. Estimated remaining amortization expense, assuming current intangible balances and no new acquisitions, for each of the years ending December 31, is as follows (in thousands):
		Estimated
		Amortization Expense
	2014	$	1,370
	2015	1,722
	2016	685
	2017	568
	2018	445
	Thereafter	3,117
	Total	$	7,907
	At June 30, 2014, the amount of goodwill allocated to the Core U.S. and Acceptance Now segments was approximately $1,310.4 million and $54.4 million, respectively. At December 31, 2013, the amount of goodwill allocated to the Core U.S. and Acceptance Now segments was approximately $1,310.1 million and $54.4 million, respectively.
	A summary of the changes in recorded goodwill follows (in thousands):
		Six Months Ended				Year Ended
		30-Jun-14				31-Dec-13
	Balance as of January 1,	$	1,364,549			$	1,344,665
	Additions from acquisitions	2,154				28,282
	Goodwill impairments and write-offs related to stores sold or closed	(1,335		)		(9,038		)
	Post purchase price allocation adjustments	(530		)		640
	Balance as of the end of the period	$	1,364,838			$	1,364,549
	Additions to goodwill due to acquisitions in the first six months of 2014 were tax deductible.

Senior_Debt

Senior Debt	6 Months Ended
	Jun. 30, 2014
Senior Debt [Abstract]	'
Senior Credit Facilities	'
	Senior Debt.
	On March 19, 2014, we entered into a Credit Agreement (the "Credit Agreement") among the Company, the several lenders from time to time parties to the Credit Agreement, Bank of America, N.A., BBVA Compass Bank, Wells Fargo Bank, National Association and SunTrust Bank, as syndication agents, and JPMorgan Chase Bank, N.A., as administrative agent. The Credit Agreement represents a refinancing of our senior secured debt outstanding under our prior credit agreement, the Fourth Amended and Restated Credit Agreement, dated as of May 28, 2003, as amended and restated as of July 14, 2011, and as amended by the First Amendment dated as of April 13, 2012, among the Company, the several banks and other financial institutions or entities from time to time parties thereto, and JPMorgan Chase Bank, N.A., as administrative agent (as amended, the "Prior Credit Agreement"). The Credit Agreement provides for a new $900 million senior credit facility consisting of $225 million in term loans (the "Term Loans") and a $675 million revolving credit facility (the "Revolving Facility"). The Term Loans are scheduled to mature on March 19, 2021, and the Revolving Facility has a scheduled maturity of March 19, 2019.
	Also on March 19, 2014, we borrowed $225 million in Term Loans and $100 million under the Revolving Facility and utilized the proceeds to repay our prior senior secured debt outstanding under the Prior Credit Agreement. The Term Loans will be repayable in consecutive quarterly installments commencing on June 30, 2014, with each installment to be paid in an aggregate principal amount equal to 0.25% of the aggregate principal amount of the Term Loans, with a final installment equal to the remaining principal balance of the Term Loans due on March 19, 2021.
	The amounts outstanding under the Term Loans and Revolving Facility at June 30, 2014, were $224.4 million and $160.0 million, respectively. Under the Prior Credit Agreement, the amounts outstanding under the term loan and revolving credit facility at December 31, 2013, were $187.5 million and $160.5 million, respectively.
	The full amount of the Revolving Facility may be used for the issuance of letters of credit, of which $104.7 million had been so utilized as of June 30, 2014, and at which date $410.3 million was available.
	Borrowings under the Revolving Facility bear interest at varying rates equal to either the Eurodollar rate plus 1.50% to 2.75%, or the ABR rate plus 0.50% to 1.75%, at our election. The margins on the Eurodollar rate and on the ABR rate for borrowings under the Revolving Facility, which were 2.25% and 1.25%, respectively, at June 30, 2014, may fluctuate based upon an increase or decrease in our consolidated total leverage ratio as defined by a pricing grid included in the Credit Agreement. The margins on the Eurodollar rate and on the ABR rate for Term Loans are 3.00% and 2.00%, respectively, but may also fluctuate in the event the all-in pricing for any subsequent incremental Term Loan exceeds the all-in pricing for prior Term Loans by more than 0.50% per annum. A commitment fee equal to 0.30% to 0.50% of the unused portion of the Revolving Facility is payable quarterly, and fluctuates dependent upon an increase or decrease in our consolidated total leverage ratio. The commitment fee at June 30, 2014, is equal to 0.45% of the unused portion of the Revolving Facility.
	Our borrowings under the Credit Agreement are, subject to certain exceptions, secured by a security interest in substantially all of our tangible and intangible assets, including intellectual property, and are also secured by a pledge of the capital stock of our U.S. subsidiaries.
	The Credit Agreement also permits us to increase the amount of the Term Loans and/or the Revolving Facility from time to time on up to three occasions, in an aggregate amount of no more than $250 million, provided that we are not in default at the time and have obtained the consent of the administrative agent and the lenders providing such increase.
	Subject to a number of exceptions, the Credit Agreement contains, without limitation, covenants that generally limits our ability and the ability of our subsidiaries to:
	•	incur additional debt;
	•	repurchase capital stock, 6.625% notes and 4.75% notes and/or pay cash dividends (subject to a restricted payments basket under which approximately $78.5 million is available);
	•	incur liens or other encumbrances;
	•	merge, consolidate or sell substantially all property or business;
	•	sell, lease or otherwise transfer assets (other than in the ordinary course of business);
	•	make investments or acquisitions (unless they meet financial tests and other requirements); or
	•	enter into an unrelated line of business.
	The Credit Agreement requires us to comply with several financial covenants, including: (i) a consolidated total leverage ratio of no greater than 4.50:1 from the quarter ended March 31, 2014, to the quarter ended September 30, 2015, 4.25:1 from the quarter ended December 31, 2015, to the quarter ended September 30, 2016, and 4.00:1 thereafter; (ii) a consolidated senior secured leverage ratio of no greater than 2.75:1; and (iii) a consolidated fixed charge coverage ratio of no less than 1.50:1 from the quarter ended March 31, 2014, to December 31, 2015, and 1.75:1 thereafter. The table below shows the required and actual ratios under the Credit Agreement calculated as of June 30, 2014:
		Required Ratio		Actual Ratio
	Consolidated total leverage ratio	No greater than	4.50:1	3.17:1
	Consolidated senior secured leverage ratio	No greater than	2.75:1	1.20:1
	Consolidated fixed charge coverage ratio	No less than	1.50:1	1.83:1
	These financial covenants, as well as the related components of their computation, are defined in the Credit Agreement, which is included as an exhibit to our Current Report on Form 8-K dated as of March 19, 2014. In accordance with the Credit Agreement, the consolidated total leverage ratio was calculated by dividing the consolidated funded debt outstanding at June 30, 2014 ($900.2 million) by consolidated EBITDA for the 12-month period ending June 30, 2014 ($283.7 million). For purposes of the covenant calculations, (i) “consolidated funded debt” is defined as outstanding indebtedness less cash in excess of $25.0 million, and (ii) “consolidated EBITDA” is generally defined as consolidated net income (a) plus the sum of income taxes, interest expense, depreciation and amortization expense, extraordinary non-cash expenses or losses, and other non-cash charges, and (b) minus the sum of interest income, extraordinary income or gains, other non-cash income, and cash payments with respect to extraordinary non-cash expenses or losses recorded in prior fiscal quarters. Consolidated EBITDA is a non-GAAP financial measure that is presented not as a measure of operating results, but rather as a measure used to determine covenant compliance under our senior credit facilities.
	The consolidated senior secured leverage ratio was calculated pursuant to the Credit Agreement by dividing the consolidated senior secured debt outstanding at June 30, 2014 ($341.4 million) by consolidated EBITDA for the 12-month period ending June 30, 2014 ($283.7 million). For purposes of the covenant calculation, “consolidated senior secured debt” is generally defined as the aggregate principal amount of consolidated funded debt that is then secured by liens on property or assets of the Company or its subsidiaries.
	The consolidated fixed charge coverage ratio was calculated pursuant to the Credit Agreement by dividing consolidated EBITDA for the 12-month period ending June 30, 2014, and to the extent reducing consolidated net earnings for such period, consolidated lease expense ($528.6 million), by consolidated fixed charges for the 12-month period ending June 30, 2014 ($289.1 million). For purposes of the covenant calculation, “consolidated fixed charges” is defined as the sum of consolidated interest expense and consolidated lease expense.
	Events of default under the Credit Agreement include customary events, such as a cross-acceleration provision in the event that we default on other debt. In addition, an event of default under the Credit Agreement would occur if a change of control occurs. This is defined to include situations where a third party becomes the beneficial owner of 35% or more of our voting stock or certain changes in the composition of Rent-A-Center’s Board of Directors occur. An event of default would also occur if one or more judgments were entered against us of $50.0 million or more and such judgments were not satisfied or bonded pending appeal within 30 days after entry.
	We utilize our revolving credit facility for the issuance of letters of credit, as well as to manage normal fluctuations in operational cash flow caused by the timing of cash receipts. In that regard, we may from time to time draw funds under the revolving credit facility for general corporate purposes. Amounts are drawn as needed due to the timing of cash flows and are generally paid down as cash is generated by our operating activities.
	In addition to the senior credit facilities discussed above, we maintain a $20.0 million unsecured, revolving line of credit with INTRUST Bank, N.A. to facilitate cash management. The outstanding balance of this line of credit was $8.8 million and $18.3 million at June 30, 2014, and December 31, 2013, respectively.

Subsidiary_Guarantors_Senior_N

Subsidiary Guarantors - Senior Notes	6 Months Ended
	Jun. 30, 2014
Subsidiary Guarantors Senior Notes [Abstract]	'
Subsidiary Guarantors Senior Notes	'
	Subsidiary Guarantors – Senior Notes.
	Senior Notes Due 2020. On November 2, 2010, we issued $300.0 million in senior unsecured notes due November 2020, bearing interest at 6.625%, pursuant to an indenture dated November 2, 2010, among Rent-A-Center, Inc., its subsidiary guarantors and The Bank of New York Mellon Trust Company, as trustee. A portion of the proceeds of this offering were used to repay approximately $200.0 million of outstanding term debt under our Prior Credit Agreement. The remaining net proceeds were used to repurchase shares of our common stock.
	Senior Notes Due 2021. On May 2, 2013, we issued $250.0 million in senior unsecured notes due May 2021, bearing interest at 4.75%, pursuant to an indenture dated May 2, 2013, among Rent-A-Center, Inc., its subsidiary guarantors and The Bank of New York Mellon Trust Company, as trustee. A portion of the proceeds of this offering were used to repurchase shares of our common stock under a $200.0 million accelerated stock buyback program. The remaining net proceeds were used to repay outstanding revolving debt under our Prior Credit Agreement.
	The indentures governing the 6.625% notes and the 4.75% notes are substantially similar. Each indenture contains covenants that limit our ability to:
	•	incur additional debt;
	•	sell assets or our subsidiaries;
	•	grant liens to third parties;
	•	pay cash dividends or repurchase stock (subject to a restricted payment basket under which approximately $78.5 million is available); and
	•	engage in a merger or sell substantially all of our assets.
	Events of default under each indenture include customary events, such as a cross-acceleration provision in the event that we default in the payment of other debt due at maturity or upon acceleration for default in an amount exceeding $50.0 million, as well as in the event a judgment is entered against us in excess of $50.0 million that is not discharged, bonded or insured.
	The 6.625% notes may be redeemed on or after November 15, 2015, at our option, in whole or in part, at a premium declining from 103.313%. The 6.625% notes may be redeemed on or after November 15, 2018, at our option, in whole or in part, at par. The 6.625% notes also require that upon the occurrence of a change of control (as defined in the 2010 indenture), the holders of the notes have the right to require us to repurchase the notes at a price equal to 101% of the original aggregate principal amount, together with accrued and unpaid interest, if any, to the date of repurchase.
	The 4.75% notes may be redeemed on or after May 1, 2016, at our option, in whole or in part, at a premium declining from 103.563%. The 4.75% notes may be redeemed on or after May 1, 2019, at our option, in whole or in part, at par. The 4.75% notes also require that upon the occurrence of a change of control (as defined in the 2013 indenture), the holders of the notes have the right to require us to repurchase the notes at a price equal to 101% of the original aggregate principal amount, together with accrued and unpaid interest, if any, to the date of repurchase.
	Any mandatory repurchase of the 6.625% notes and/or the 4.75% notes would trigger an event of default under our Credit Agreement. We are not required to maintain any financial ratios under either of the indentures.
	Rent-A-Center and its subsidiary guarantors have fully, jointly and severally, and unconditionally guaranteed the obligations of Rent-A-Center with respect to the 6.625% notes and the 4.75% notes. Rent-A-Center has no independent assets or operations, and each subsidiary guarantor is 100% owned directly or indirectly by Rent-A-Center. The only direct or indirect subsidiaries of Rent-A-Center that are not guarantors are minor subsidiaries. There are no restrictions on the ability of any of the subsidiary guarantors to transfer funds to Rent-A-Center in the form of loans, advances or dividends, except as provided by applicable law.

Income_Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes.
	We are subject to federal, state, local and foreign income taxes. Along with our U.S. subsidiaries, we file a U.S. federal consolidated income tax return. We are under examination in various states. However, we are no longer subject to any new U.S. federal, state, foreign and local income tax examinations by tax authorities for years before 2010. The appeals process with the Internal Revenue Service (IRS) Office of Appeals for the years 2001 through 2007 has been completed. We reached agreement on all issues except one issue with respect to the 2003 tax year, an issue which occurs in 2004 through 2007 taxable years as well. This matter was heard by the United States Tax Court (Tax Court) at trial during November 2011. A favorable decision was issued by the Tax Court on January 14, 2014. The time for filing a notice of appeal expired on July 23, 2014, and no appeal was filed by the IRS so the Tax Court decision is final. The IRS has completed its exam of our 2010 U.S. federal income tax return and no adjustments were proposed. We do not anticipate that adjustments, if any, resulting from any outstanding examinations will result in a material change to our consolidated statement of earnings, financial condition, statement of cash flows or earnings per share.
	We provide for uncertain tax positions and related interest and adjust our unrecognized tax benefits and accrued interest in the normal course of our business. At June 30, 2014, our unrecognized tax benefits were increased by approximately $0.1 million from December 31, 2013.
	We intend to reinvest substantially all of the unremitted earnings of our non-U.S. subsidiaries and postpone their remittance indefinitely. Accordingly, no provision for U.S. income taxes for these non-U.S. subsidiaries was recorded in the accompanying consolidated statements of earnings.

Fair_Value

Fair Value	6 Months Ended
	Jun. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value	'
	Fair Value.
	We use a three-tier fair value hierarchy, which classifies the inputs used in measuring fair values, in determining the fair value of our non-financial assets and non-financial liabilities, which consist primarily of goodwill. These tiers include: Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. There were no changes in the methods and assumptions used in measuring fair value during the period.
	At June 30, 2014, our financial instruments include cash and cash equivalents, receivables, payables, senior debt and senior notes. The carrying amount of cash and cash equivalents, receivables and payables approximates fair value at June 30, 2014, and December 31, 2013, because of the short maturities of these instruments. Our senior debt is variable rate debt that re-prices frequently and entails no significant change in credit risk and, as a result, fair value approximates carrying value. The fair value of our senior notes is based on Level 1 inputs. At June 30, 2014, the fair value of our 6.625% senior notes was $313.5 million, which was approximately $13.5 million above their carrying value of $300.0 million. At December 31, 2013, the fair value of our 6.625% senior notes was $316.7 million, which was approximately $16.7 million above their carrying value of $300.0 million. At June 30, 2014, the fair value of our 4.75% senior notes was $237.7 million, which was approximately $12.3 million below their carrying value of $250.0 million.

Stock_Repurchase_Plan

Stock Repurchase Plan	6 Months Ended
	Jun. 30, 2014
Stock Repurchase Plan [Abstract]	'
Stock Repurchase Plan	'
	Stock Repurchase Plan.
	Under our current common stock repurchase program, our Board of Directors has authorized the purchase, from time to time, in the open market and privately negotiated transactions, of up to an aggregate of $1.25 billion of Rent-A-Center common stock. We have repurchased a total of 36,994,653 shares of Rent-A-Center common stock for an aggregate purchase price of $994.8 million as of June 30, 2014, and December 31, 2013, respectively, under our common stock repurchase program. No shares were repurchased during the first or second quarters of 2014.

Restructuring_Charges

Restructuring Charges	6 Months Ended
	Jun. 30, 2014
Restructuring Charge [Abstract]	'
Restructuring charge	'
	Store Consolidation Plan.
	During the second quarter of 2014, we closed 150 Core U.S. stores and merged those accounts into existing Core U.S. stores as part of a multi-year program to improve profitability in the Core U.S. segment. The decision to close these stores was based on management's analysis and evaluation of the markets in which we operate, including our market share, operating results, competitive positioning and growth potential for the affected stores. The store closures resulted in a pre-tax restructuring charge of $4.4 million during the second quarter of 2014. This charge included approximately $3.2 million of accelerated depreciation expense for fixed assets, leasehold improvements and write-off of merchandise inventory, $0.9 million in early lease termination costs and $0.3 million of other operating costs to decommission the stores. We have not recorded a liability for future lease obligations on these properties as the fair value of the liability at the cease-use date was reduced to zero by estimated sublease rentals that could be obtained for the properties. Accordingly, future lease obligations of approximately $4.4 million that remain as of June 30, 2014, will either be expensed monthly or recognized in full upon negotiation of early termination. Approximately $1.8 million of these remaining lease obligations are scheduled to be paid in the second half of 2014, and substantially all the remainder are scheduled to be paid out through 2016.

Segment_Information

Segment Information	6 Months Ended
	Jun. 30, 2014
Segment Information [Abstract]	'
Segment Information	'
	Segment Information.
	The operating segments reported below are the segments for which separate financial information is available and for which segment results are evaluated by the chief operating decision makers. Our operating segments are organized based on factors including, but not limited to, type of business transactions, geographic location and store ownership. All operating segments offer merchandise from four basic product categories: consumer electronics, appliances, computers, furniture and accessories. On January 1, 2014, the Company realigned its reporting structure to include its 18 Canadian stores in the Core U.S. segment, which were previously reported in the International segment. These stores now report into the Core U.S. segment, and the chief operating decision makers no longer analyze their operating results as a part of the International segment. The accompanying prior-year disclosures have been revised to reflect this change, and we now refer to the segment formerly reported as "International" as "Mexico" since only that country's results are reported therein. Reportable segments and their respective operations are defined as follows.
	Our Core U.S. segment primarily operates rent-to-own stores in the United States, Canada and Puerto Rico whose customers enter into weekly, semi-monthly or monthly rental purchase agreements, which renew automatically upon receipt of each payment. We retain the title to the merchandise during the term of the rental purchase agreement and ownership passes to the customer if the customer has continuously renewed the rental purchase agreement through the end of the term or exercises a specified early purchase option. This segment also includes the 45 stores operating in two states that utilize a retail model which generates installment credit sales through a retail sale transaction. Segment assets include cash, receivables, rental merchandise, property assets, goodwill and other intangible assets.
	Our Acceptance Now segment operates kiosks within various traditional retailers’ locations where we generally offer the rent-to-own transaction to consumers who do not qualify for financing from the traditional retailer. The transaction offered is generally similar to that of the Core U.S. segment; however, the customers in this segment enter into monthly rather than weekly agreements. Segment assets include cash, rental merchandise, property assets, goodwill and other intangible assets.
	Our Mexico segment consists of our company-owned rent-to-own stores in Mexico, and the nature of this segment’s operations and assets are the same as our Core U.S. segment.
	The stores in our Franchising segment use Rent-A-Center’s, ColorTyme’s or RimTyme’s trade names, service marks, trademarks and logos, and operate under distinctive operating procedures and standards. Franchising’s primary source of revenue is the sale of rental merchandise to its franchisees who, in turn, offer the merchandise to the general public for rent or purchase under a rent-to-own program. As franchisor, Franchising receives royalties of 2.0% to 6.0% of the franchisees’ monthly gross revenue and initial fees for new locations. Segment assets include cash, receivables and property assets.
	We incur costs at our corporate headquarters that benefit our Core U.S., Acceptance Now and Mexico operating segments. Accordingly, we allocate such costs among these segments based on segment revenue to determine segment operating profit. Likewise, certain corporate assets used to support these operating segments, including the land and building in which the corporate headquarters are located and related property assets, cash and prepaid expenses are also allocated to these operating segments based on segment revenue. Because our Franchising segment has maintained a separate, independent corporate office, no additional corporate costs or assets have been allocated to that segment. Our Franchising segment uses trade names owned by entities that are reported in the Core U.S. segment, and pays a royalty for the use of these trade names. These royalties have been eliminated in consolidation.
	Segment information for the three and six months ended June 30, 2014 and 2013 is as follows (in thousands):
		Three Months Ended June 30, 2014
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Revenue	$	592,040	$	155,797	$	17,695		$	7,685	$	773,217
	Gross profit	431,920		89,876		12,753			1,948		536,497
	Operating profit (loss)	28,161		18,399		(6,818		)	417		40,159
	Depreciation of property assets	17,884		1,426		1,788			51		21,149
	Amortization and write-down of intangibles	1,903		142		—			—		2,045
	Capital expenditures	13,685		3,073		1,584			—		18,342
		Three Months Ended June 30, 2013
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Revenue	$	622,469	$	117,493	$	11,313		$	9,236	$	760,511
	Gross profit	451,920		68,770		8,208			1,722		530,620
	Operating profit (loss)	65,656		17,394		(6,362		)	542		77,230
	Depreciation of property assets	16,203		1,162		1,375			20		18,760
	Amortization and write-down of intangibles	1,023		142		—			—		1,165
	Capital expenditures	20,191		2,262		2,731			—		25,184
		Six Months Ended June 30, 2014
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Revenue	$	1,226,803	$	330,004	$	33,568		$	16,588	$	1,606,963
	Gross profit	888,509		182,783		24,231			3,851		1,099,374
	Operating profit (loss)	72,018		39,976		(13,095		)	1,023		99,922
	Depreciation of property assets	33,921		2,850		3,431			86		40,288
	Amortization and write-down of intangibles	2,508		284		—			—		2,792
	Capital expenditures	31,721		5,857		3,872			—		41,450
		Six Months Ended June 30, 2013
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Revenue	$	1,294,877	$	244,656	$	20,806		$	19,453	$	1,579,792
	Gross profit	926,992		135,877		14,906			3,523		1,081,298
	Operating profit (loss)	132,734		33,044		(11,009		)	1,245		156,014
	Depreciation of property assets	32,377		2,251		2,565			40		37,233
	Amortization and write-down of intangibles	1,770		285		—			—		2,055
	Capital expenditures	35,243		4,202		5,376			—		44,821
	Segment information – selected balance sheet data (in thousands):
		30-Jun-14
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Rental merchandise, net
	On rent	$	538,222	$	296,133	$	21,466		$	—	$	855,821
	Held for rent	227,118		8,139		12,118			—		247,375
	Total assets	2,545,380		396,158		74,361			1,861		3,017,760
		December 31, 2013
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Rental merchandise, net
	On rent	$	612,517	$	284,421	$	17,680		$	—	$	914,618
	Held for rent	195,654		3,837		10,959			—		210,450
	Total assets	2,569,057		375,920		71,888			1,688		3,018,553

StockBased_Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2014
Stock-Based Compensation [Abstract]	'
Stock-Based Compensation	'
	Stock-Based Compensation.
	We recognized $2.0 million and $1.7 million in pre-tax compensation expense related to stock options and restricted stock units during the three-month periods ended June 30, 2014 and 2013, respectively, and $3.5 million and $3.8 million during the six-month periods ended June 30, 2014 and 2013, respectively. During the six months ended June 30, 2014, we granted approximately 731,000 stock options, 216,000 performance-based restricted stock units and 143,000 time-vesting restricted stock units. The stock options granted were valued using a Black-Scholes pricing model with the following assumptions: an expected volatility of 25.29% to 41.41%, a risk-free interest rate of 0.51% to 2.37%, an expected dividend yield of 2.8% to 3.7% and an expected life of 2.33 to 8.33 years. The weighted-average exercise price of the options granted during the six months ended June 30, 2014, was $28.03 and the weighted-average grant-date fair value was $6.52. The restricted stock units are valued using the last trade before the day of the grant, adjusted for any provisions affecting fair value, such as the lack of dividends or dividend equivalents during the vesting period. The weighted-average grant date fair value of the restricted stock units granted during the six months ended June 30, 2014, was $23.03.

Litigation

Litigation	6 Months Ended
	Jun. 30, 2014
Litigation [Abstract]	'
Litigation	'
	Litigation.
	From time to time, we, along with our subsidiaries, are party to various legal proceedings arising in the ordinary course of business. We reserve for litigation loss contingencies that are both probable and reasonably estimable. We regularly monitor developments related to these legal proceedings, and review the adequacy of our legal reserves on a quarterly basis. We do not expect these losses to have a material impact on our consolidated financial statements if and when such losses are incurred.

Earnings_Per_Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Earnings Per Common Share.
	Basic and diluted earnings per common share were calculated as follows (in thousands, except per share data):
		Three Months Ended June 30, 2014
		Net Earnings		Weighted	Per Share
				Average Shares
	Basic earnings per common share	$	17,533	52,824	$	0.33
	Effect of dilutive stock awards	—		250
	Diluted earnings per common share	$	17,533	53,074	$	0.33
		Three Months Ended June 30, 2013
		Net Earnings		Weighted	Per Share
				Average Shares
	Basic earnings per common share	$	41,876	54,885	$	0.76
	Effect of dilutive stock awards	—		368
	Diluted earnings per common share	$	41,876	55,253	$	0.76
		Six Months Ended June 30, 2014
		Net Earnings		Weighted	Per Share
				Average Shares
	Basic earnings per common share	$	46,390	52,809	$	0.88
	Effect of dilutive stock awards	—		238
	Diluted earnings per common share	$	46,390	53,047	$	0.87
		Six Months Ended June 30, 2013
		Net Earnings		Weighted	Per Share
				Average Shares
	Basic earnings per common share	$	88,009	56,416	$	1.56
	Effect of dilutive stock awards	—		378
	Diluted earnings per common share	$	88,009	56,794	$	1.55
	For the three-month periods ended June 30, 2014 and 2013, the number of anti-dilutive stock awards that were outstanding but not included in the computation of diluted earnings per common share were 2,398,269 and 1,119,530, respectively.
	For the six-month periods ended June 30, 2014 and 2013, the number of anti-dilutive stock awards that were outstanding but not included in the computation of diluted earnings per common share were 2,418,436 and 1,268,665, respectively.

Significant_Accounting_Policie1

Significant Accounting Policies and Nature of Operations (Policies)	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Principles of Consolidation	'
	These financial statements include the accounts of Rent-A-Center, Inc. and its direct and indirect subsidiaries. All intercompany accounts and transactions have been eliminated.
Rental Merchandise	'
	Rental merchandise is carried at cost, net of accumulated depreciation. Depreciation for merchandise is generally provided using the income forecasting method, which is intended to match as closely as practicable the recognition of depreciation expense with the consumption of the rental merchandise, and assumes no salvage value. The consumption of rental merchandise occurs during periods of rental and directly coincides with the receipt of rental revenue over the rental purchase agreement period. Under the income forecasting method, merchandise held for rent is not depreciated and merchandise on rent is depreciated in the proportion of rents received to total rents provided in the rental contract, which is an activity-based method similar to the units of production method. We depreciate merchandise that is held for rent for at least 180 consecutive days using the straight-line method over a period generally not to exceed 18 months.
	Rental merchandise which is damaged and inoperable is expensed when such impairment occurs. If a customer does not return the merchandise or make payment, the remaining book value of the rental merchandise associated with delinquent accounts is generally charged off on or before the 90th day following the time the account became past due in the Core U.S. and Mexico segments, and on or before the 150th day in the Acceptance Now segment. We maintain a reserve for these expected expenses. In addition, any minor repairs made to rental merchandise are expensed at the time of the repair.
Correction of Immaterial Errors	'
	During the fourth quarter of 2013, we identified errors in accounting for our estimates for rental merchandise reserves and for the allowance for doubtful accounts, resulting in an immaterial overstatement of on rent merchandise and understatements of held for rent merchandise and receivables which affected periods beginning prior to 2011 through December 31, 2013. In accordance with Staff Accounting Bulletin (SAB) No. 99, Materiality, and SAB No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements, management evaluated the materiality of the errors from qualitative and quantitative perspectives, and concluded the errors were immaterial to the prior periods. The errors resulted in an understatement of salaries and other expenses of $0.2 million and $0.7 million for the three- and six-month periods ended June 30, 2013, respectively. The understatement of salaries and other expenses discussed above, adjusted for the related income tax impact, resulted in an overstatement of net earnings of $0.1 million and $0.4 million for the three- and six-month periods ended June 30, 2013, respectively. Due to the immaterial nature of the error correction, we revised our historical financial statements based on the amounts discussed above for 2013 herein.
Use of Estimates	'
	In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, we are required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent losses and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. In applying accounting principles, we must often make individual estimates and assumptions regarding expected outcomes or uncertainties. Our estimates, judgments and assumptions are continually evaluated based on available information and experience. Because of the use of estimates inherent in the financial reporting process, actual results could differ from those estimates.
New Accounting Pronouncements	'
	In July 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2013-11, Presentation of Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, an amendment to FASB Accounting Standards Codification Topic 740, Income Taxes. This update clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. In situations where a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the jurisdiction does not require, and the entity does not intend to use the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. This ASU is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. We adopted this standard prospectively effective January 1, 2014, and it did not have a material impact on our consolidated statement of earnings, financial condition, statement of cash flows or earnings per share.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which clarifies existing accounting literature relating to how and when a company recognizes revenue. Under ASU 2014-09, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods and services. ASU 2014-09 will be effective for Rent-A-Center beginning January 1, 2017, and early adoption is not permitted. The ASU allows adoption with either retrospective application to each prior period presented, or retrospective application with the cumulative effect recognized as of the date of initial application. We are currently in the process of determining what impact, if any, the adoption of this ASU will have on our financial position, results of operations and cash flows, and we are evaluating the transition alternatives.
	From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board ("FASB") or other standards setting bodies that we adopt as of the specified effective date. Unless otherwise discussed, we believe the impact of any other recently issued standards that are not yet effective are either not applicable to us at this time or will not have a material impact on our consolidated financial statements upon adoption.

Intangible_Assets_and_Acquisit1

Intangible Assets and Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2014
Intangible Assets and Acquisitions [Abstract]	'
Amortizable Intangible Assets	'
	Amortizable intangible assets consist of the following (in thousands):
				30-Jun-14						31-Dec-13
		Avg.		Gross				Accumulated		Gross		Accumulated
		Life		Carrying				Amortization		Carrying		Amortization
		(years)		Amount						Amount
	Non-compete agreements	3		$	6,337			$	6,145	$	6,337	$	6,102
	Customer relationships	2		75,195				73,030		74,799		71,899
	Vendor relationships	11		7,538				1,988		7,538		1,704
	Total			$	89,070			$	81,163	$	88,674	$	79,705
Estimated Amortization Expense	'
	Estimated remaining amortization expense, assuming current intangible balances and no new acquisitions, for each of the years ending December 31, is as follows (in thousands):
		Estimated
		Amortization Expense
	2014	$	1,370
	2015	1,722
	2016	685
	2017	568
	2018	445
	Thereafter	3,117
	Total	$	7,907
Changes in Recorded Goodwill	'
	A summary of the changes in recorded goodwill follows (in thousands):
		Six Months Ended				Year Ended
		30-Jun-14				31-Dec-13
	Balance as of January 1,	$	1,364,549			$	1,344,665
	Additions from acquisitions	2,154				28,282
	Goodwill impairments and write-offs related to stores sold or closed	(1,335		)		(9,038		)
	Post purchase price allocation adjustments	(530		)		640
	Balance as of the end of the period	$	1,364,838			$	1,364,549

Senior_Debt_Tables

Senior Debt (Tables)	6 Months Ended
	Jun. 30, 2014
Senior Debt [Abstract]	'
Financial Covenants Ratios	'
	The Credit Agreement requires us to comply with several financial covenants, including: (i) a consolidated total leverage ratio of no greater than 4.50:1 from the quarter ended March 31, 2014, to the quarter ended September 30, 2015, 4.25:1 from the quarter ended December 31, 2015, to the quarter ended September 30, 2016, and 4.00:1 thereafter; (ii) a consolidated senior secured leverage ratio of no greater than 2.75:1; and (iii) a consolidated fixed charge coverage ratio of no less than 1.50:1 from the quarter ended March 31, 2014, to December 31, 2015, and 1.75:1 thereafter. The table below shows the required and actual ratios under the Credit Agreement calculated as of June 30, 2014:
		Required Ratio		Actual Ratio
	Consolidated total leverage ratio	No greater than	4.50:1	3.17:1
	Consolidated senior secured leverage ratio	No greater than	2.75:1	1.20:1
	Consolidated fixed charge coverage ratio	No less than	1.50:1	1.83:1

Segment_Information_Tables

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2014
Segment Information [Abstract]	'
Segment Information	'
	Segment information for the three and six months ended June 30, 2014 and 2013 is as follows (in thousands):
		Three Months Ended June 30, 2014
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Revenue	$	592,040	$	155,797	$	17,695		$	7,685	$	773,217
	Gross profit	431,920		89,876		12,753			1,948		536,497
	Operating profit (loss)	28,161		18,399		(6,818		)	417		40,159
	Depreciation of property assets	17,884		1,426		1,788			51		21,149
	Amortization and write-down of intangibles	1,903		142		—			—		2,045
	Capital expenditures	13,685		3,073		1,584			—		18,342
		Three Months Ended June 30, 2013
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Revenue	$	622,469	$	117,493	$	11,313		$	9,236	$	760,511
	Gross profit	451,920		68,770		8,208			1,722		530,620
	Operating profit (loss)	65,656		17,394		(6,362		)	542		77,230
	Depreciation of property assets	16,203		1,162		1,375			20		18,760
	Amortization and write-down of intangibles	1,023		142		—			—		1,165
	Capital expenditures	20,191		2,262		2,731			—		25,184
		Six Months Ended June 30, 2014
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Revenue	$	1,226,803	$	330,004	$	33,568		$	16,588	$	1,606,963
	Gross profit	888,509		182,783		24,231			3,851		1,099,374
	Operating profit (loss)	72,018		39,976		(13,095		)	1,023		99,922
	Depreciation of property assets	33,921		2,850		3,431			86		40,288
	Amortization and write-down of intangibles	2,508		284		—			—		2,792
	Capital expenditures	31,721		5,857		3,872			—		41,450
		Six Months Ended June 30, 2013
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Revenue	$	1,294,877	$	244,656	$	20,806		$	19,453	$	1,579,792
	Gross profit	926,992		135,877		14,906			3,523		1,081,298
	Operating profit (loss)	132,734		33,044		(11,009		)	1,245		156,014
	Depreciation of property assets	32,377		2,251		2,565			40		37,233
	Amortization and write-down of intangibles	1,770		285		—			—		2,055
	Capital expenditures	35,243		4,202		5,376			—		44,821
	Segment information – selected balance sheet data (in thousands):
		30-Jun-14
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Rental merchandise, net
	On rent	$	538,222	$	296,133	$	21,466		$	—	$	855,821
	Held for rent	227,118		8,139		12,118			—		247,375
	Total assets	2,545,380		396,158		74,361			1,861		3,017,760
		December 31, 2013
		Core U.S.		Acceptance Now		Mexico			Franchising		Total
	Rental merchandise, net
	On rent	$	612,517	$	284,421	$	17,680		$	—	$	914,618
	Held for rent	195,654		3,837		10,959			—		210,450
	Total assets	2,569,057		375,920		71,888			1,688		3,018,553

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Basic and diluted earnings per common share were calculated as follows (in thousands, except per share data):
		Three Months Ended June 30, 2014
		Net Earnings		Weighted	Per Share
				Average Shares
	Basic earnings per common share	$	17,533	52,824	$	0.33
	Effect of dilutive stock awards	—		250
	Diluted earnings per common share	$	17,533	53,074	$	0.33
		Three Months Ended June 30, 2013
		Net Earnings		Weighted	Per Share
				Average Shares
	Basic earnings per common share	$	41,876	54,885	$	0.76
	Effect of dilutive stock awards	—		368
	Diluted earnings per common share	$	41,876	55,253	$	0.76
		Six Months Ended June 30, 2014
		Net Earnings		Weighted	Per Share
				Average Shares
	Basic earnings per common share	$	46,390	52,809	$	0.88
	Effect of dilutive stock awards	—		238
	Diluted earnings per common share	$	46,390	53,047	$	0.87
		Six Months Ended June 30, 2013
		Net Earnings		Weighted	Per Share
				Average Shares
	Basic earnings per common share	$	88,009	56,416	$	1.56
	Effect of dilutive stock awards	—		378
	Diluted earnings per common share	$	88,009	56,794	$	1.55

Significant_Accounting_Policie2

Significant Accounting Policies and Nature of Operations (Details) (USD $)	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Rental Merchandise Policy (Details) [Abstract]	'	'	'
Minimum Period in Held for Rent Status Needed for Depreciation of Merchandise	'	'180 days	'
Maximum Period Used for Depreciation of Merchandise Held for Rent	'	'18 months	'
Maximum period of past due required to charge off remaining book value of rental merchandise	'	'90 days	'
Maximum period of past due required to charge off remaining book value of rental merchandise for Acceptance Now segment	'	'150 days	'
Correction of Immaterial Errors (Details) [Abstract]	'	'	'
Understatement of salaries and other expenses	$0.20	'	$0.70
Overstatement of net earnings	$0.10	'	$0.40

Intangible_Assets_and_Acquisit2

Intangible Assets and Acquisitions (Details) (USD $)	6 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Intangible Assets [Line Items]	'	'
Gross carrying amount- amortizable intangible assets	$89,070	$88,674
Accumulated amortization - amortizable intangible assets	81,163	79,705
Goodwill	1,364,838	1,364,549
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	'21 months	'
Estimated Amortization Expense (Table Details) [Abstract]	'	'
2014	1,370	'
2015	1,722	'
2016	685	'
2017	568	'
2018	445	'
Thereafter	3,117	'
Total	7,907	8,969
Changes in Recorded Goodwill (Details) [Abstract]	'	'
Goodwill, beginning balance	1,364,549	1,344,665
Additions from acquisitions	2,154	28,282
Store dispositions and impairment charges	-1,335	-9,038
Post purchase price allocation adjustments	-530	640
Goodwill, ending balance	1,364,838	1,364,549
Core U.S. [Member]	'	'
Intangible Assets [Line Items]	'	'
Goodwill	1,310,400	1,310,100
Changes in Recorded Goodwill (Details) [Abstract]	'	'
Goodwill, ending balance	1,310,400	1,310,100
Acceptance Now [Member]	'	'
Intangible Assets [Line Items]	'	'
Goodwill	54,400	54,400
Changes in Recorded Goodwill (Details) [Abstract]	'	'
Goodwill, ending balance	54,400	54,400
Customer Relationships [Member]	'	'
Intangible Assets [Line Items]	'	'
Average life (years) - amortizable intangible assets	'2 years	'
Gross carrying amount- amortizable intangible assets	75,195	74,799
Accumulated amortization - amortizable intangible assets	73,030	71,899
Vendor Relationships [Member]	'	'
Intangible Assets [Line Items]	'	'
Average life (years) - amortizable intangible assets	'11 years	'
Gross carrying amount- amortizable intangible assets	7,538	7,538
Accumulated amortization - amortizable intangible assets	1,988	1,704
Noncompete Agreements [Member]	'	'
Intangible Assets [Line Items]	'	'
Average life (years) - amortizable intangible assets	'3 years	'
Gross carrying amount- amortizable intangible assets	6,337	6,337
Accumulated amortization - amortizable intangible assets	$6,145	$6,102

Senior_Debt_Details

Senior Debt (Details) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Senior Debt (Details) [Abstract]	'	'	'
Event of default-3rd party ownership % of our voting stock	35.00%	35.00%	'
Event of default-not satisfied or bonded judgment in excess of	$50,000,000	$50,000,000	'
Maximum period allowed for pending judgment to satisfy or bond (in days)	30	30	'
Debt Instrument [Line Items]	'	'	'
Senior credit facilities, maximum amount	900,000,000	900,000,000	'
Senior credit facilities, additional amount allowed	250,000,000	250,000,000	'
Term loan, maximum facility	225,000,000	225,000,000	'
Term loan, amount outstanding	224,400,000	224,400,000	187,500,000
Term loans, periodic payment, principal	562,500	'	'
Line of credit, maximum facility	675,000,000	675,000,000	'
Line of credit, amount outstanding	160,000,000	160,000,000	160,500,000
Letters of credit outstanding, amount	104,700,000	104,700,000	'
Letters of credit, amount available	410,300,000	410,300,000	'
Unsecured line of credit, maximum facility	20,000,000	20,000,000	'
Unsecured line of credit, amount outstanding	8,800,000	8,800,000	18,300,000
Interest Rate [Abstract]	'	'	'
Interest rate terms	'Borrowings under the Revolving Facility bear interest at varying rates equal to either the Eurodollar rate plus 1.50% to 2.75%, or the ABR rate plus 0.50% to 1.75%, at our election.	'	'
Commitment fee percentage, minimum	0.30%	'	'
Commitment fee percentage, maximum	0.50%	'	'
Commitment fee percentage, actual	0.45%	'	'
Financial Covenants Ratios (Table Details) [Abstract]	'	'	'
Required consolidated total leverage ratio, maximum	4.5	4.5	'
Actual consolidated total leverage ratio	3.17	3.17	'
Required consolidated senior secured leverage ratio, maximum	2.75	2.75	'
Actual consolidated senior secured leverage ratio	1.2	1.2	'
Required consolidated fixed charge coverage ratio, minimum	1.5	1.5	'
Actual consolidated fixed charge coverage ratio	1.83	1.83	'
Covenants [Abstract]	'	'	'
Outstanding indebtedness less cash in excess of	25,000,000	25,000,000	'
Consolidated funded debt outstanding	900,200,000	900,200,000	'
Consolidated EBITDA	'	283,700,000	'
Consolidated senior secured debt outstanding	341,400,000	341,400,000	'
Adjusted consolidated EBITDA	'	528,600,000	'
Consolidated fixed charges	'	$289,100,000	'
Eurodollar [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Description of variable rate basis	'Eurodollar rate	'	'
Alternate Base Rate [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Description of variable rate basis	'ABR rate	'	'
Revolving Facility [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Maturity date	19-Mar-19	'	'
Margin on Eurodollar rate, actual	2.25%	2.25%	'
Margin on ABR rate, actual	1.25%	1.25%	'
Revolving Facility [Member] | Eurodollar [Member] | Maximum [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Basis margin on variable rate	2.75%	'	'
Revolving Facility [Member] | Eurodollar [Member] | Minimum [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Basis margin on variable rate	1.50%	'	'
Revolving Facility [Member] | Alternate Base Rate [Member] | Maximum [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Basis margin on variable rate	1.75%	'	'
Revolving Facility [Member] | Alternate Base Rate [Member] | Minimum [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Basis margin on variable rate	0.50%	'	'
Term Loan [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Maturity date	19-Mar-21	'	'
Margin on Eurodollar rate, actual	3.00%	3.00%	'
Margin on ABR rate, actual	2.00%	2.00%	'

Subsidiary_Guarantors_Senior_N1

Subsidiary Guarantors - Senior Notes (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Senior Notes [Line Items]	'	'
Carrying value of senior notes	$550,000,000	$550,000,000
Event of default for senior notes - failure of other debt payment at maturity in excess of this amount	50,000,000	'
Our ownership percentage of subsidiary guarantors of senior notes	100.00%	'
Event of default for senior notes - not discharged, bonded or insured judgment in excess of this amount	50,000,000	'
Senior Notes Due 2020 [Member]	'	'
Senior Notes [Line Items]	'	'
Interest rate of senior notes	6.63%	'
Portion of proceeds from senior notes used to repay outstanding term debt	200,000,000	'
Percentage of original aggregate principle amount of senior notes included in repurchase price at change of control	101.00%	'
Senior Notes Due 2020 [Member] | Senior Notes, Redemption, Period One [Member]	'	'
Senior Notes [Line Items]	'	'
Senior notes, redemption price, percentage	103.31%	'
Senior Notes Due 2020 [Member] | Senior Notes, Redemption, Period Four [Member]	'	'
Senior Notes [Line Items]	'	'
Senior notes, redemption price, percentage	100.00%	'
Senior Notes Due 2021 [Member]	'	'
Senior Notes [Line Items]	'	'
Interest rate of senior notes	4.75%	'
Portion of proceeds from senior notes used to repurchase shares of common stock	$200,000,000	'
Percentage of original aggregate principle amount of senior notes included in repurchase price at change of control	101.00%	'
Senior Notes Due 2021 [Member] | Senior Notes, Redemption, Period One [Member]	'	'
Senior Notes [Line Items]	'	'
Senior notes, redemption price, percentage	103.56%	'
Senior Notes Due 2021 [Member] | Senior Notes, Redemption, Period Four [Member]	'	'
Senior Notes [Line Items]	'	'
Senior notes, redemption price, percentage	100.00%	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014
Income Tax Examination [Line Items]	'
Number of Issues in Disagreement with Case Law Applied by Internal Revenue Service	1
Amount of increase in unrecognized tax benefits since year end	$0.10

Fair_Value_Details

Fair Value (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Carrying value of senior notes	$550,000,000	$550,000,000
Senior Notes Due 2020 [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Fair value of senior notes	313,500,000	316,700,000
Carrying value of senior notes	300,000,000	300,000,000
Amount of difference between fair value and carrying value	13,500,000	16,700,000
Senior Notes Due 2021 [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Fair value of senior notes	237,700,000	234,700,000
Carrying value of senior notes	250,000,000	250,000,000
Amount of difference between fair value and carrying value	($12,300,000)	($15,300,000)

Stock_Repurchase_Plan_Details

Stock Repurchase Plan (Details) (USD $)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Stock Repurchase Plan (Details) [Abstract]	'	'	'
Authorized aggregate amount	'	$1,250,000,000	'
Total number of shares repurchased since inception of our stock repurchase program (shares)	'	36,994,653	36,994,653
Aggregate purchase price of shares repurchased since inception of our stock repurchase program	'	994,800,000	994,800,000
Number of shares repurchased (shares)	0	0	'
Purchase price of shares repurchased	$0	$0	'

Restructuring_Charge_Details

Restructuring Charge (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Restructuring Charge [Abstract]	'	'	'	'
Restructuring charge	$4,377	$0	$4,377	$0
Restructuring and related cost, accelerated depreciation and asset write-off	3,167	'	'	'
Restructuring and related cost, early lease termination	885	'	'	'
Restructuring and related cost, store decommissioning	325	'	'	'
Restructuring and related cost, future lease obligation	$4,358	'	$4,358	'

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Segment Information (Details) [Abstract]	'	'	'	'	'
Number of retail installment sales stores	45	'	45	'	'
Franchising's royalty fee percentage, minimum	'	'	2.00%	'	'
Franchising's royalty fee percentage, maximum	'	'	6.00%	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	$773,217	$760,511	$1,606,963	$1,579,792	'
Gross profit	536,497	530,620	1,099,374	1,081,298	'
Operating profit	40,159	77,230	99,922	156,014	'
Depreciation of property assets	21,149	18,760	40,288	37,233	'
Amortization and write-down of intangibles	2,045	1,165	2,792	2,055	'
Capital expenditures	18,342	25,184	41,450	44,821	'
Rental merchandise on rent, net	855,821	'	855,821	'	914,618
Rental merchandise held for rent, net	247,375	'	247,375	'	210,450
Assets	3,017,760	'	3,017,760	'	3,018,553
Core U.S. [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	592,040	622,469	1,226,803	1,294,877	'
Gross profit	431,920	451,920	888,509	926,992	'
Operating profit	28,161	65,656	72,018	132,734	'
Depreciation of property assets	17,884	16,203	33,921	32,377	'
Amortization and write-down of intangibles	1,903	1,023	2,508	1,770	'
Capital expenditures	13,685	20,191	31,721	35,243	'
Rental merchandise on rent, net	538,222	'	538,222	'	612,517
Rental merchandise held for rent, net	227,118	'	227,118	'	195,654
Assets	2,545,380	'	2,545,380	'	2,569,057
Acceptance Now [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	155,797	117,493	330,004	244,656	'
Gross profit	89,876	68,770	182,783	135,877	'
Operating profit	18,399	17,394	39,976	33,044	'
Depreciation of property assets	1,426	1,162	2,850	2,251	'
Amortization and write-down of intangibles	142	142	284	285	'
Capital expenditures	3,073	2,262	5,857	4,202	'
Rental merchandise on rent, net	296,133	'	296,133	'	284,421
Rental merchandise held for rent, net	8,139	'	8,139	'	3,837
Assets	396,158	'	396,158	'	375,920
Mexico [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	17,695	11,313	33,568	20,806	'
Gross profit	12,753	8,208	24,231	14,906	'
Operating profit	-6,818	-6,362	-13,095	-11,009	'
Depreciation of property assets	1,788	1,375	3,431	2,565	'
Amortization and write-down of intangibles	0	0	0	0	'
Capital expenditures	1,584	2,731	3,872	5,376	'
Rental merchandise on rent, net	21,466	'	21,466	'	17,680
Rental merchandise held for rent, net	12,118	'	12,118	'	10,959
Assets	74,361	'	74,361	'	71,888
Franchising [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	7,685	9,236	16,588	19,453	'
Gross profit	1,948	1,722	3,851	3,523	'
Operating profit	417	542	1,023	1,245	'
Depreciation of property assets	51	20	86	40	'
Amortization and write-down of intangibles	0	0	0	0	'
Capital expenditures	0	0	0	0	'
Rental merchandise on rent, net	0	'	0	'	0
Rental merchandise held for rent, net	0	'	0	'	0
Assets	$1,861	'	$1,861	'	$1,688

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Stock-Based Compensation [Abstract]	'	'	'	'
Share-based Compensation	$1,990	$1,632	$3,462	$3,761
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	'	'	731,000	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Performance Based, Grants in Period	'	'	216,000	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	'	'	143,000	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used	'	'	'Black-Scholes	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum	'	'	25.29%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum	'	'	41.41%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum	'	'	0.51%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum	'	'	2.37%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate, Minimum	'	'	2.80%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate, Maximum	'	'	3.70%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term, Minimum	'	'	'2 years 120 days	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term, Maximum	'	'	'8 years 120 days	'
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	'	'	$28.03	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	'	'	$6.52	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	'	'	$23.03	'

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share [Abstract]	'	'	'	'
Net earnings	$17,533	$41,876	$46,390	$88,009
Basic weighted average shares	52,824,000	54,885,000	52,809,000	56,416,000
Effect of dilutive stock options	250,000	368,000	238,000	378,000
Diluted weighted average shares	53,074,000	55,253,000	53,047,000	56,794,000
Basic earnings per common share	$0.33	$0.76	$0.88	$1.56
Diluted earnings per common share	$0.33	$0.76	$0.87	$1.55
Earnings Per Share (Details) [Abstract]	'	'	'	'
Number of anti-dilutive stock awards	2,398,269	1,119,530	2,418,436	1,268,665