XML 49 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restructuring (Tables)
 12 Months Ended
Dec. 31, 2018
Restructuring and Related Activities [Abstract]  
Restructuring Charges Activity
The following table summarizes the balances of the accruals for both programs, which are recorded in accounts payable and accrued expenses in the consolidated balance sheets, and the activity for the years ended December 31, 2018 and 2017:
(In Thousands)
Contractual Lease Obligations
 
Severance
 
Total
Balance at January 1, 2017
$
10,583

 
$
2,079

 
$
12,662

Charges
13,501

 
3,176

 
16,677

Adjustments1
(69
)
 
—

 
(69
)
Restructuring Charges
13,432

 
3,176

 
16,608

Payments
(11,578
)
 
(2,952
)
 
(14,530
)
Balance at December 31, 2017
12,437

 
2,303

 
14,740

Charges
—

 
601

 
601

Adjustments1
2,057

 
—

 
2,057

Restructuring Charges
2,057

 
601

 
2,658

Payments
(6,022
)
 
(2,253
)
 
(8,275
)
Balance at December 31, 2018
$
8,472

 
$
651

 
$
9,123


1Adjustments relate to changes in sublease assumptions and interest accretion.
The following table summarizes restructuring charges by segment for the years ended:
 
December 31, 2018
 
December 31, 2017
 
December 31, 2016
(In Thousands)
Aaron’s Business
 
Aaron’s Business
 
DAMI
 
Total
 
Aaron’s Business
Contractual Lease Obligations
$
2,057

 
$
13,432

 
$
—

 
$
13,432

 
$
11,589

Severance
601

 
2,705

 
471

 
3,176

 
3,883

Other (Reversals) Expenses
(1,176
)
 
1,386

 
—

 
1,386

 
4,746

Gain on Sale of Closed Store Properties
(377
)
 
—

 
—

 
—

 
—

Total Restructuring Expenses
$
1,105

 
$
17,523

 
$
471

 
$
17,994

 
$
20,218