Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2012

Segment Reporting [Abstract]

Summarized financial information for the Company's reportable segments

(dollar amounts in thousands)	Mobile Modular			TRS-RenTelco			Adler Tanks			Enviroplex 1			Consolidated
Six Months Ended June 30,
2012
Rental Revenues	$	39,413		$	48,267		$	32,229		$	—		$	119,909
Rental Related Services Revenues		12,200			1,684			7,809			—			21,693
Sales and Other Revenues		4,522			11,151			696			4,723			21,092
Total Revenues		56,135			61,102			40,734			4,723			162,694
Depreciation of Rental Equipment		6,959			18,610			5,504			—			31,073
Gross Profit		24,505			28,842			26,004			1,264			80,615
Selling and Administrative Expenses		16,779			13,105			10,409			2,231			42,524
Income (Loss) from Operations		7,726			15,737			15,595			(967	)		38,091
Interest Expense (Income) Allocation		2,294			1,198			1,134			(71	)		4,555
Income (Loss) before Provision for Income Taxes		5,432			14,539			14,461			(896	)		33,536
Rental Equipment Acquisitions		11,702			29,379			34,041			—			75,122
Accounts Receivable, net (period end)		34,762			23,120			20,169			8,351			86,402
Rental Equipment, at cost (period end)		547,248			270,747			235,022			—			1,053,017
Rental Equipment, net book value (period end)		385,901			112,922			212,095			—			710,918
Utilization (period end) 2		65.6	%		65.7	%		67.5	%
Average Utilization 2		66.2	%		65.9	%		73.3	%
2011
Rental Revenues	$	39,566		$	45,611		$	25,967		$	—		$	111,144
Rental Related Services Revenues		11,321			1,402			5,156			—			17,879
Sales and Other Revenues		8,241			13,162			170			1,950			23,523
Total Revenues		59,128			60,175			31,293			1,950			152,546
Depreciation of Rental Equipment		6,849			18,836			3,752			—			29,437
Gross Profit		26,429			27,044			21,177			604			75,254
Selling and Administrative Expenses		15,599			12,649			7,317			1,681			37,246
Income (Loss) from Operations		10,830			14,395			13,860			(1,077	)		38,008
Interest Expense (Income) Allocation		1,854			972			717			(107	)		3,436
Income (Loss) before Provision for Income Taxes		8,976			13,423			13,143			(970	)		34,572
Rental Equipment Acquisitions		18,910			31,927			26,745			—			77,582
Accounts Receivable, net (period end)		36,591			21,711			16,882			3,646			78,830
Rental Equipment, at cost (period end)		529,056			260,563			159,756			—			949,375
Rental Equipment, net book value (period end)		378,689			106,970			146,859			—			632,518
Utilization (period end) 2		67.7	%		65.4	%		86.4	%
Average Utilization 2		67.2	%		65.3	%		85.4	%

1. Gross Enviroplex sales revenues were $4,723 and $1,952 for the six months ended June 30, 2012 and 2011, respectively. There were no inter-segment sales to Mobile Modular in these periods, which require elimination in consolidation.

2. Utilization is calculated each month by dividing the cost of rental equipment on rent by the total cost of rental equipment excluding accessory equipment and for Mobile Modular and Adler Tanks excluding new equipment inventory. The Average Utilization for the period is calculated using the average costs of rental equipment.