Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Certain reclassifications have been made to prior quarters to conform to the current period presentation.

(In Thousands, Except Per Share Data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Year Ended December 31, 2014
Revenues	$	585,423	$	672,510	$	707,564	$	759,742
Gross Profit *	292,393		319,405		322,686		331,837
Earnings Before Income Taxes	60,710		13,562		13,199		34,233
Net Earnings	38,339		8,505		9,295		22,094
Earnings Per Share	.53		.12		.13		.30
Earnings Per Share Assuming Dilution	.53		.12		.13		.30
Year Ended December 31, 2013
Revenues	$	593,010	$	550,545	$	537,224	$	553,852
Gross Profit *	302,439		282,276		265,056		263,080
Earnings Before Income Taxes	81,042		40,387		29,420		34,111
Net Earnings	51,000		25,854		21,138		22,674
Earnings Per Share	.67		.34		.28		.30
Earnings Per Share Assuming Dilution	.67		.34		.28		.30

* Gross profit is the sum of lease revenues and fees, retail sales, and non-retail sales less retail cost of sales, non-retail cost of sales, depreciation of lease merchandise and write-offs of lease merchandise.

The comparability of the Company's quarterly financial results during 2014 and 2013 was impacted by certain events, as described below on a pre-tax basis:

• The first quarter of 2014 included an $872,000 charge for financial advisory and legal costs related to addressing strategic matters, including proxy contests, and $803,000 in transaction costs related to the Progressive acquisition.

• The second quarter of 2014 included an additional $12.4 million charge for the financial advisory and legal costs related to now-resolved strategic matters, an additional $5.5 million in transaction costs in connection with the Progressive acquisition and $2.3 million in leasehold improvement impairment charges related to the closure of 44 Company-operated stores announced July 15, 2014.

• The third quarter of 2014 included an additional $385,000 charge for financial advisory and legal costs related to now-resolved strategic matters, an additional $6.9 million in restructuring charges related to the store closures noted above, $9.1 million due to the retirements of both the Company's Chief Executive Officer and Chief Operating Officer, an additional $371,000 in transaction costs related to the acquisition of Progressive and regulatory income of $1.2 million that reduced previously recognized regulatory expense upon the resolution of the regulatory investigation by the California Attorney General into the Company's leasing, marketing and privacy practices.

• The second quarter of 2013 included a $15.0 million charge related to an accrual for loss contingencies for the then-pending regulatory investigation by the California Attorney General and a $4.9 million charge related to retirement expenses and a change in vacation policies.

• The third quarter of 2013 included an additional $13.4 million charge related to the then-pending regulatory investigation.