XML 18 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Rental $ 67,305 $ 65,809 $ 132,807 $ 128,239
Rental related services 17,227 15,146 32,594 28,658
Rental operations 84,532 80,955 165,401 156,897
Sales 10,968 14,170 19,755 25,208
Other 526 620 1,058 1,200
Total revenues 96,026 95,745 186,214 183,305
Direct costs of rental operations:        
Depreciation of rental equipment 19,016 17,924 37,698 35,821
Rental related services 12,901 11,366 24,800 21,673
Other 16,226 15,188 31,437 28,738
Total direct costs of rental operations 48,143 44,478 93,935 86,232
Costs of sales 6,965 9,188 12,274 16,356
Total costs of revenues 55,108 53,666 106,209 102,588
Gross profit 40,918 42,079 80,005 80,717
Selling and administrative expenses 24,453 23,840 49,665 47,251
Income from operations 16,465 18,239 30,340 33,466
Other income (expense):        
Interest expense (2,347) (2,335) (4,738) (4,538)
Gain on sale of property, plant and equipment   812   812
Foreign currency exchange gain (loss) (85) 78 (253) (10)
Income before provision for income taxes 14,033 16,794 25,349 29,730
Provision for income taxes 5,543 6,589 10,013 11,654
Net income $ 8,490 $ 10,205 $ 15,336 $ 18,076
Earnings per share:        
Basic $ 0.33 $ 0.39 $ 0.59 $ 0.70
Diluted $ 0.32 $ 0.39 $ 0.58 $ 0.69
Shares used in per share calculation:        
Basic 26,142 25,912 26,117 25,851
Diluted 26,273 26,220 26,272 26,223
Cash dividends declared per share $ 0.250 $ 0.245 $ 0.500 $ 0.490