XML 20 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES        
Rental $ 69,642 $ 65,941 $ 197,881 $ 189,585
Rental Related Services 17,871 15,858 46,529 39,364
Rental Operations 87,513 81,799 244,410 228,949
Sales 24,998 26,515 50,206 54,186
Other 514 525 1,714 1,602
Total Revenues 113,025 108,839 296,330 284,737
Direct Costs of Rental Operations:        
Depreciation of Rental Equipment 18,298 17,233 54,119 50,461
Rental Related Services 13,506 11,278 35,179 29,591
Other 14,955 16,361 43,693 42,202
Total Direct Costs of Rental Operations 46,759 44,872 132,991 122,254
Costs of Sales 16,968 18,778 33,324 38,098
Total Costs of Revenues 63,727 63,650 166,315 160,352
Gross Profit 49,298 45,189 130,015 124,385
Selling and Administrative Expenses 24,200 22,383 71,451 65,813
Income from Operations 25,098 22,806 58,564 58,572
Other Income (Expense):        
Interest Expense (2,386) (2,148) (6,924) (6,508)
Gain on Sale of Property, Plant and Equipment     812  
Foreign Currency Exchange Gain (Loss) (103) 21 (113) (31)
Income Before Provision for Income Taxes 22,609 20,679 52,339 52,033
Provision for Income Taxes 8,863 8,106 20,517 20,397
Net Income $ 13,746 $ 12,573 $ 31,822 $ 31,636
Earnings Per Share:        
Basic $ 0.53 $ 0.49 $ 1.23 $ 1.25
Diluted $ 0.53 $ 0.48 $ 1.22 $ 1.23
Shares Used in Per Share Calculation:        
Basic 25,953 25,649 25,885 25,338
Diluted 26,152 26,095 26,177 25,787
Cash Dividends Declared Per Share $ 0.245 $ 0.240 $ 0.735 $ 0.720