XML 29 R16.htm IDEA: XBRL DOCUMENT v3.22.2.2
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2022
Disaggregation Of Revenue [Abstract]  
Summary of Disaggregates the Company's Revenue by Lease and Non Lease

The following table disaggregates the Company’s revenues by lease (within the scope of ASC 842) and non-lease revenues (within the scope of ASC 606) and the underlying service provided for the three and nine months ended September 30, 2022 and 2021:

(in thousands)

 

Mobile
Modular

 

 

TRS-
RenTelco

 

 

Adler
Tanks

 

 

Enviroplex

 

 

Consolidated

 

Three Months Ended September 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leasing

 

$

86,428

 

 

$

32,265

 

 

$

17,825

 

 

$

 

 

$

136,518

 

Non-lease:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental related services

 

 

10,427

 

 

 

684

 

 

 

7,069

 

 

 

 

 

 

18,180

 

Sales

 

 

28,922

 

 

 

5,291

 

 

 

976

 

 

 

9,978

 

 

 

45,167

 

Other

 

 

61

 

 

 

287

 

 

 

323

 

 

 

 

 

 

671

 

Total non-lease

 

 

39,410

 

 

 

6,262

 

 

 

8,368

 

 

 

9,978

 

 

 

64,018

 

Total revenues

 

$

125,838

 

 

$

38,527

 

 

$

26,193

 

 

$

9,978

 

 

$

200,536

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leasing

 

$

73,375

 

 

$

29,692

 

 

$

15,011

 

 

$

 

 

$

118,078

 

Non-lease:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental related services

 

 

10,628

 

 

 

591

 

 

 

6,239

 

 

 

 

 

 

17,458

 

Sales

 

 

26,362

 

 

 

4,502

 

 

 

960

 

 

 

5,541

 

 

 

37,365

 

Other

 

 

29

 

 

 

289

 

 

 

73

 

 

 

 

 

 

391

 

Total non-lease

 

 

37,019

 

 

 

5,382

 

 

 

7,272

 

 

 

5,541

 

 

 

55,214

 

Total revenues

 

$

110,394

 

 

$

35,074

 

 

$

22,283

 

 

$

5,541

 

 

$

173,292

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leasing

 

$

240,693

 

 

$

92,585

 

 

$

48,548

 

 

$

 

 

$

381,826

 

Non-lease:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental related services

 

 

22,960

 

 

 

1,919

 

 

 

18,890

 

 

 

 

 

 

43,769

 

Sales

 

 

64,113

 

 

 

14,031

 

 

 

2,234

 

 

 

15,545

 

 

 

95,923

 

Other

 

 

94

 

 

 

824

 

 

 

504

 

 

 

 

 

 

1,422

 

Total non-lease

 

 

87,167

 

 

 

16,774

 

 

 

21,628

 

 

 

15,545

 

 

 

141,114

 

Total revenues

 

$

327,860

 

 

$

109,359

 

 

$

70,176

 

 

$

15,545

 

 

$

522,940

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leasing

 

$

196,362

 

 

$

86,223

 

 

$

40,958

 

 

$

 

 

$

323,543

 

Non-lease:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental related services

 

 

18,418

 

 

 

1,821

 

 

 

16,713

 

 

 

 

 

 

36,952

 

Sales

 

 

48,766

 

 

 

13,485

 

 

 

2,161

 

 

 

14,897

 

 

 

79,309

 

Other

 

 

68

 

 

 

931

 

 

 

119

 

 

 

 

 

 

1,118

 

Total non-lease

 

 

67,252

 

 

 

16,237

 

 

 

18,993

 

 

 

14,897

 

 

 

117,379

 

Total revenues

 

$

263,614

 

 

$

102,460

 

 

$

59,951

 

 

$

14,897

 

 

$

440,922