XML 36 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Financial information by segment
The following tables set forth financial information by segment.  
 
General
rentals
 
Trench, power and pump
 
Total
Three Months Ended June 30, 2017
 
 
 
 
 
Equipment rentals
$
1,143

 
$
224

 
$
1,367

Sales of rental equipment
122

 
11

 
133

Sales of new equipment
43

 
4

 
47

Contractor supplies sales
18

 
3

 
21

Service and other revenues
26

 
3

 
29

Total revenue
1,352

 
245

 
1,597

Depreciation and amortization expense
285

 
45

 
330

Equipment rentals gross profit
465

 
111

 
576

Three Months Ended June 30, 2016
 
 
 
 
 
Equipment rentals
$
1,015

 
$
189

 
$
1,204

Sales of rental equipment
125

 
9

 
134

Sales of new equipment
31

 
5

 
36

Contractor supplies sales
17

 
5

 
22

Service and other revenues
22

 
3

 
25

Total revenue
1,210

 
211

 
1,421

Depreciation and amortization expense
259

 
47

 
306

Equipment rentals gross profit
417

 
89

 
506

Six Months Ended June 30, 2017
 
 
 
 
 
Equipment rentals
$
2,120

 
$
413

 
$
2,533

Sales of rental equipment
218

 
21

 
239

Sales of new equipment
78

 
8

 
86

Contractor supplies sales
32

 
7

 
39

Service and other revenues
50

 
6

 
56

Total revenue
2,498

 
455

 
2,953

Depreciation and amortization expense
549

 
91

 
640

Equipment rentals gross profit
825

 
195

 
1,020

Capital expenditures
863

 
105

 
968

Six Months Ended June 30, 2016
 
 
 
 
 
Equipment rentals
$
1,970

 
$
351

 
$
2,321

Sales of rental equipment
231

 
18

 
249

Sales of new equipment
57

 
9

 
66

Contractor supplies sales
33

 
8

 
41

Service and other revenues
48

 
6

 
54

Total revenue
2,339

 
392

 
2,731

Depreciation and amortization expense
525

 
91

 
616

Equipment rentals gross profit
774

 
157

 
931

Capital expenditures
692

 
72

 
764

 
June 30,
2017
 
December 31,
2016
Total reportable segment assets
 
 
 
General rentals
$
11,747

 
$
10,496

Trench, power and pump
1,537

 
1,492

Total assets
$
13,284

 
$
11,988

Reconciliation to equipment rentals gross profit
The following is a reconciliation of equipment rentals gross profit to income before provision for income taxes:

Three Months Ended

Six Months Ended
 
June 30,

June 30,
 
2017

2016

2017

2016
Total equipment rentals gross profit
$
576

 
$
506

 
$
1,020

 
$
931

Gross profit from other lines of business
79

 
84

 
149

 
159

Selling, general and administrative expenses
(218
)
 
(177
)
 
(411
)
 
(354
)
Merger related costs
(14
)
 

 
(16
)


Restructuring charge
(19
)
 
(2
)
 
(19
)
 
(4
)
Non-rental depreciation and amortization
(64
)
 
(64
)
 
(126
)
 
(131
)
Interest expense, net
(113
)
 
(132
)
 
(207
)
 
(239
)
Other income, net
2

 
2

 

 
2

Income before provision for income taxes
$
229

 
$
217


$
390


$
364