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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue:        
Rental $ 37,350 $ 27,705 $ 106,010 $ 74,533
Total revenue from contracts with customers 3,336 3,664 10,074 10,413
Total revenue 40,686 31,369 116,084 84,946
Operating costs and expenses:        
Cost of rentals, exclusive of depreciation stated separately below 14,442 13,462 41,784 36,450
Cost of sales, exclusive of depreciation stated separately below 2,028 1,505 6,457 6,618
Cost of aftermarket services, exclusive of depreciation stated separately below 1,324 1,846 2,836 3,424
Selling, general and administrative expenses 5,213 2,845 14,706 12,267
Depreciation and amortization 8,086 6,807 22,878 19,390
Impairments 136 0 136 779
Retirement of rental equipment 0 0 5 0
Total operating costs and expenses 31,229 26,465 88,802 78,928
Operating income 9,457 4,904 27,282 6,018
Other income (expense):        
Interest expense (3,045) (1,600) (8,912) (1,785)
Other income (expense), net (15) (87) 148 254
Total other expense (3,060) (1,687) (8,764) (1,531)
Income before provision for income taxes 6,397 3,217 18,518 4,487
Income tax expense (1,383) (1,046) (4,156) (1,442)
Net income $ 5,014 $ 2,171 $ 14,362 $ 3,045
Earnings per share:        
Basic (in dollars per share) $ 0.40 $ 0.18 $ 1.16 $ 0.25
Diluted (in dollars per share) $ 0.40 $ 0.18 $ 1.15 $ 0.25
Weighted average shares outstanding:        
Basic (in shares) 12,427 12,378 12,404 12,295
Diluted (in shares) 12,526 12,403 12,511 12,372
Sales        
Revenue:        
Total revenue from contracts with customers $ 1,843 $ 1,413 $ 6,616 $ 6,000
Aftermarket services        
Revenue:        
Total revenue from contracts with customers $ 1,493 $ 2,251 $ 3,458 $ 4,413