Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Revenues: | ||||
| Total revenues | $ 612,151 | $ 589,083 | $ 1,160,779 | $ 1,148,634 |
| Costs: | ||||
| Depreciation of rental equipment | 72,240 | 88,444 | 141,002 | 162,396 |
| Gross profit | 306,264 | 296,070 | 591,939 | 596,436 |
| Other operating expenses: | ||||
| Selling, general and administrative | 160,258 | 145,013 | 314,266 | 301,784 |
| Other depreciation and amortization | 23,019 | 24,188 | 46,688 | 47,328 |
| Restructuring costs | 5,448 | 10 | 16,698 | 385 |
| Other expense (income), net | 45 | (41) | 130 | 605 |
| Operating income | 117,494 | 126,900 | 214,157 | 246,334 |
| Interest expense, net | 53,479 | 58,977 | 107,086 | 117,446 |
| Income before income tax | 64,015 | 67,923 | 107,071 | 128,888 |
| Income tax expense | 17,042 | 19,984 | 31,975 | 37,894 |
| Net income | $ 46,973 | $ 47,939 | $ 75,096 | $ 90,994 |
| Earnings per share | ||||
| Basic (in USD per share) | $ 0.26 | $ 0.26 | $ 0.41 | $ 0.50 |
| Diluted (in USD per share) | $ 0.26 | $ 0.26 | $ 0.41 | $ 0.49 |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 181,012,131 | 182,468,243 | 181,005,445 | 183,071,055 |
| Diluted (in shares) | 181,808,591 | 183,439,165 | 181,641,748 | 184,367,127 |
| Leasing | ||||
| Revenues: | ||||
| Leasing | $ 449,684 | $ 442,916 | $ 875,206 | $ 877,306 |
| Total revenues | 449,684 | 442,916 | 875,206 | 877,306 |
| Costs: | ||||
| Leasing | 108,113 | 95,338 | 204,140 | 183,408 |
| Delivery and installation | ||||
| Revenues: | ||||
| Revenues | 135,844 | 108,452 | 235,366 | 197,113 |
| Costs: | ||||
| Cost of sales | 110,320 | 88,154 | 193,563 | 161,950 |
| New units | ||||
| Revenues: | ||||
| Revenues | 14,587 | 21,620 | 23,581 | 44,057 |
| Total revenues | 14,587 | 21,620 | 23,581 | 44,057 |
| Costs: | ||||
| Cost of sales | 9,049 | 13,552 | 15,267 | 28,750 |
| Rental units | ||||
| Revenues: | ||||
| Revenues | 12,036 | 16,095 | 26,626 | 30,158 |
| Total revenues | 12,036 | 16,095 | 26,626 | 30,158 |
| Costs: | ||||
| Cost of sales | $ 6,165 | $ 7,525 | $ 14,868 | $ 15,694 |
| X | ||||||||||
- Definition Cost of product sold and service rendered, excluding depreciation, depletion, and amortization. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of expense for allocation of cost of tangible asset over its useful life directly used in production of good and rendering of service. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense incurred and directly related to generating revenue by lessor from operating lease of rented property and equipment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of current and deferred federal, state, and local tax expense (benefit) attributable to income (loss) from continuing operations. Includes, but is not limited to, current and deferred national, regional, territorial, and provincial tax expense (benefit) for non-US (United States of America) jurisdiction. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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