Quarterly financial information for each of the two years ended December 31, 2018 is summarized below:

(in thousands, except per share amounts)	2018
	First		Second		Third		Fourth		Year
Operations Data
Rental revenues	$	74,261	$	77,267	$	82,155	$	85,091	$	318,774
Total revenues		105,085		116,983		143,147		133,115		498,330
Gross profit		50,170		53,928		64,050		65,103		233,251
Income from operations		22,042		24,449		35,824		35,166		117,481
Income before provision for income taxes		19,018		21,106		32,553		32,018		104,695
Net income		14,466		15,912		24,779		24,249		79,406
Earnings per share:
Basic	$	0.60	$	0.66	$	1.03	$	1.00	$	3.29
Diluted	$	0.59	$	0.65	$	1.01	$	0.99	$	3.24
Dividends declared per share	$	0.34	$	0.34	$	0.34	$	0.34	$	1.36
Shares used in per share calculations:
Basic		24,067		24,145		24,172		24,179		24,141
Diluted		24,478		24,584		24,563		24,514		24,540
Balance Sheet Data
Rental equipment, net	$	865,338	$	876,522	$	888,607	$	901,015	$	901,015
Total assets		1,148,858		1,180,209		1,201,799		1,217,316		1,217,316
Notes payable		300,595		314,860		309,006		298,564		298,564
Shareholders’ equity		530,284		537,195		554,547		571,535		571,535

	2017
	First		Second		Third		Fourth		Year
Operations Data
Rental revenues	$	67,978	$	69,953	$	73,781	$	77,705	$	289,417
Total revenues		94,837		109,582		135,388		122,227		462,034
Gross profit		43,670		49,211		58,775		54,689		206,345
Income from operations		15,822		21,846		30,286		26,786		94,740
Income before provision (benefit) for income taxes		13,259		18,908		27,336		23,949		83,452
Net income		7,973		11,461		16,762		117,724		153,920
Earnings per share:
Basic	$	0.33	$	0.48	$	0.70	$	4.90	$	6.41
Diluted	$	0.33	$	0.48	$	0.69	$	4.82	$	6.34
Dividends declared per share	$	0.26	$	0.26	$	0.26	$	0.26	$	1.04
Shares used in per share calculations:
Basic		23,950		23,985		24,015		24,044		23,999
Diluted		24,232		24,092		24,228		24,410		24,269
Balance Sheet Data
Rental equipment, net	$	856,981	$	863,207	$	865,724	$	862,320	$	862,320
Total assets		1,130,734		1,150,123		1,156,415		1,147,854		1,147,854
Notes payable		323,483		330,287		323,117		303,414		303,414
Shareholders’ equity		396,625		402,365		412,782		524,184		524,184