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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities:    
Net income $ 28,517 $ 28,952
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 61,528 63,303
Provision for doubtful accounts 1,366 1,179
Share-based compensation 2,327 2,863
Gain on sale of used rental equipment (10,798) (9,066)
Foreign currency exchange loss (gain) (59) 454
Change in:    
Accounts receivable (10,107) (7,445)
Income taxes receivable 11,000  
Prepaid expenses and other assets 1,374 12,905
Accounts payable and accrued liabilities 4,082 (1,055)
Deferred income 5,191 11,033
Deferred income taxes 11,810 (2,519)
Net cash provided by operating activities 106,231 100,604
Cash Flows from Investing Activities:    
Purchase of rental equipment (64,349) (104,884)
Purchase of property, plant and equipment (10,028) (8,045)
Proceeds from sale of used rental equipment 24,037 19,681
Net cash used in investing activities (50,340) (93,248)
Cash Flows from Financing Activities:    
Net borrowing (repayments) under bank lines of credit (16,034) 79,635
Principal payment on Series A senior notes (20,000) (20,000)
Amortization of debt issuance cost 39 39
Proceeds from the exercise of stock options 37 1,458
Excess tax benefit (shortfall) from exercise of stock awards (993) 349
Taxes paid related to net share settlement of stock awards (589) (729)
Repurchase of common stock   (48,785)
Payment of dividends (18,349) (19,728)
Net cash used in financing activities (55,889) (7,761)
Effect of foreign currency exchange rate changes on cash (13) (5)
Net decrease in cash (11) (410)
Cash balance, beginning of period 1,103 1,167
Cash balance, end of period 1,092 757
Supplemental Disclosure of Cash Flow Information:    
Interest paid, during the period 9,042 7,224
Net income taxes paid, during the period 7,751 2,240
Dividends accrued during the period, not yet paid 6,144 6,159
Rental equipment acquisitions, not yet paid $ 3,688 $ 5,707