Quarterly financial information for each of the two years ended December 31, 2014 is summarized below:


(in thousands, except per share amounts)	2014
	First		Second		Third		Fourth		Year
Operations Data
Rental revenues	$	62,430	$	65,809	$	69,642	$	71,694	$	269,575
Total revenues		87,560		95,745		113,025		111,792		408,122
Gross profit		38,638		42,079		49,298		52,204		182,219
Income from operations		15,227		18,239		25,098		26,796		85,360
Income before provision for income taxes		12,936		16,794		22,609		24,222		76,561
Net income		7,871		10,205		13,746		13,887		45,709
Earnings per share:
Basic	$	0.31	$	0.39	$	0.53	$	0.54	$	1.77
Diluted	$	0.30	$	0.39	$	0.53	$	0.53	$	1.75
Dividends declared per share	$	0.245	$	0.245	$	0.245	$	0.245	$	0.98
Shares used in per share calculations:
Basic		25,789		25,912		25,953		25,999		25,914
Diluted		26,230		26,220		26,152		26,206		26,175
Balance Sheet Data
Rental equipment, net	$	775,875	$	795,532	$	817,898	$	825,750	$	825,750
Total assets		1,021,613		1,051,764		1,089,130		1,116,407		1,116,407
Notes payable		288,081		307,000		322,280		322,478		322,478
Shareholders’ equity		401,563		406,439		414,519		424,531		424,531

	2013
	First		Second		Third		Fourth		Year
Operations Data
Rental revenues	$	60,601	$	63,043	$	65,941	$	66,181	$	255,766
Total revenues		88,742		87,156		108,839		94,772		379,509
Gross profit		39,027		40,169		45,189		44,630		169,015
Income from operations		17,389		18,377		22,806		21,678		80,250
Income before provision for income taxes		15,157		16,197		20,679		19,341		71,374
Net income		9,215		9,848		12,573		11,761		43,397
Earnings per share:
Basic	$	0.37	$	0.39	$	0.49	$	0.46	$	1.71
Diluted	$	0.36	$	0.38	$	0.48	$	0.45	$	1.67
Dividends declared per share	$	0.24	$	0.24	$	0.24	$	0.24	$	0.96
Shares used in per share calculations:
Basic		25,003		25,354		25,649		25,717		25,433
Diluted		25,435		25,818		26,095		26,211		25,926
Balance Sheet Data
Rental equipment, net	$	726,100	$	737,636	$	753,810	$	767,010	$	767,010
Total assets		967,131		985,262		1,009,435		1,027,611		1,027,611
Notes payable		281,251		278,875		280,902		290,003		290,003
Shareholders’ equity		372,864		387,779		395,694		401,030		401,030