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Consolidated Statements of Cash Flows
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Cash Flows from Operating Activities:      
Net income $ 153,920,000 $ 38,251,000 $ 40,470,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 78,416,000 81,179,000 84,280,000
Impairment of rental assets 1,639,000 0 0
Provision for doubtful accounts 1,480,000 1,892,000 2,149,000
Share-based compensation 3,198,000 3,091,000 3,399,000
Gain on sale of used rental equipment (17,733,000) (13,739,000) (11,902,000)
Foreign currency exchanges (gain) loss (334,000) 121,000 488,000
Amortization of debt issuance costs 50,000 51,000 52,000
Change in:      
Accounts receivable (10,475,000) (3,752,000) 3,628,000
Income taxes receivable   11,000,000 (11,000,000)
Prepaid expenses and other assets 3,124,000 3,219,000 12,910,000
Accounts payable and accrued liabilities 4,015,000 10,426,000 (1,812,000)
Deferred income 1,720,000 1,211,000 7,149,000
Deferred income taxes (96,631,000) 7,745,000 14,449,000
Net cash provided by operating activities 122,389,000 140,695,000 144,260,000
Cash Flows from Investing Activities:      
Purchases of rental equipment (94,579,000) (79,038,000) (131,037,000)
Purchases of property, plant and equipment (14,617,000) (10,548,000) (9,321,000)
Proceeds from sales of used rental equipment 38,344,000 29,406,000 26,214,000
Net cash used in investing activities (70,852,000) (60,180,000) (114,144,000)
Cash Flows from Financing Activities:      
Net borrowings (repayments) under bank lines of credit (2,902,000) (35,066,000) 18,963,000
Principal payments on Series A senior notes (20,000,000) (20,000,000) (20,000,000)
Borrowings under Series C senior notes     60,000,000
Proceeds from the exercise of stock options   37,000 2,149,000
Taxes paid related to net share settlement of stock awards (2,072,000) (1,287,000) (1,560,000)
Repurchase of common stock     (63,953,000)
Payment of dividends (24,876,000) (24,448,000) (25,779,000)
Net cash used in financing activities (49,850,000) (80,764,000) (30,180,000)
Effect of foreign currency exchange rate changes on cash (38,000) (2,000)  
Net increase (decrease) in cash 1,649,000 (251,000) (64,000)
Cash balance, beginning of period 852,000 1,103,000 1,167,000
Cash balance, end of period 2,501,000 852,000 1,103,000
Supplemental Disclosure of Cash Flow Information:      
Interest paid, during the period 11,825,000 12,436,000 10,041,000
Net income taxes paid, during the period 29,504,000 15,555,000 2,498,000
Dividends accrued during the period, not yet paid 6,260,000 6,147,000 6,019,000
Rental equipment acquisitions, not yet paid $ 6,405,000 $ 2,876,000 $ 7,280,000