UPBOUND GROUP INC
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 27, 2024
UPBD$24.68+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
| December 31, | ||
|---|---|---|
| (in thousands, except share and par value data) | 2023 | 2022 |
| ASSETS | ||
| Cash and cash equivalents | $93,705 | $144,141 |
| Receivables, net of allowance for doubtful accounts of $14,254 and $13,214 in 2023 and 2022, respectively | 111,005 | 111,865 |
| Prepaid expenses and other assets | 50,259 | 46,070 |
| Rental merchandise, net | ||
| On rent | 1,109,896 | 989,869 |
| Held for rent | 124,167 | 134,959 |
| Merchandise held for installment sale | 6,398 | 6,988 |
| Property assets, net of accumulated depreciation of $611,120 and $576,675 in 2023 and 2022, respectively | 273,118 | 295,371 |
| Operating lease right-of-use assets | 289,702 | 302,311 |
| Deferred tax asset | 72,032 | 82,886 |
| Goodwill | 289,750 | 289,750 |
| Other intangible assets, net | 301,398 | 359,409 |
| Total assets | $2,721,430 | $2,763,619 |
| LIABILITIES | ||
| Accounts payable — trade | $177,249 | $155,449 |
| Accrued liabilities | 322,905 | 320,624 |
| Operating lease liabilities | 293,435 | 305,556 |
| Deferred tax liability | 60,842 | 87,986 |
| Senior debt, net | 866,707 | 930,902 |
| Senior notes, net | 439,920 | 437,956 |
| Total liabilities | 2,161,058 | 2,238,473 |
| STOCKHOLDERS’ EQUITY | ||
| Common stock, $0.01 par value; 250,000,000 shares authorized; 125,415,059 and 125,028,169 shares issued in 2023 and 2022, respectively | 1,100 | 1,080 |
| Additional paid-in capital | 1,459,709 | 1,298,094 |
| Retained earnings | 994,892 | 1,077,189 |
| Treasury stock at cost, 71,060,928 and 69,354,651 shares in 2023 and 2022, respectively | (1,890,966) | (1,840,591) |
| Accumulated other comprehensive loss | (4,363) | (10,626) |
| Total stockholders' equity | 560,372 | 525,146 |
| Total liabilities and stockholders' equity | $2,721,430 | $2,763,619 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.