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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregated Revenues

The following tables summarize the Company’s disaggregated revenues as presented in the Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2024 and 2023 by revenue type and the applicable accounting standard.

 

Three Months Ended September 30, 2024

 

 

Three Months Ended September 30, 2023

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New and used equipment sales

$

 

 

$

219.8

 

 

$

219.8

 

 

$

 

 

$

253.6

 

 

$

253.6

 

Parts sales

 

 

 

 

75.6

 

 

 

75.6

 

 

 

 

 

 

69.5

 

 

 

69.5

 

Service revenues

 

 

 

 

64.6

 

 

 

64.6

 

 

 

 

 

 

60.6

 

 

 

60.6

 

Rental revenues

 

53.7

 

 

 

 

 

 

53.7

 

 

 

54.0

 

 

 

 

 

 

54.0

 

Rental equipment sales

 

 

 

 

35.1

 

 

 

35.1

 

 

 

 

 

 

28.5

 

 

 

28.5

 

Total revenues

$

53.7

 

 

$

395.1

 

 

$

448.8

 

 

$

54.0

 

 

$

412.2

 

 

$

466.2

 

 

 

Nine Months Ended September 30, 2024

 

 

Nine Months Ended September 30, 2023

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New and used equipment sales

$

 

 

$

699.9

 

 

$

699.9

 

 

$

 

 

$

727.8

 

 

$

727.8

 

Parts sales

 

 

 

 

226.5

 

 

 

226.5

 

 

 

 

 

 

209.2

 

 

 

209.2

 

Service revenues

 

 

 

 

194.8

 

 

 

194.8

 

 

 

 

 

 

180.5

 

 

 

180.5

 

Rental revenues

 

155.9

 

 

 

 

 

 

155.9

 

 

 

147.1

 

 

 

 

 

 

147.1

 

Rental equipment sales

 

 

 

 

101.4

 

 

 

101.4

 

 

 

 

 

 

90.7

 

 

 

90.7

 

Total revenues

$

155.9

 

 

$

1,222.6

 

 

$

1,378.5

 

 

$

147.1

 

 

$

1,208.2

 

 

$

1,355.3