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Segmented Information (Tables)

12 Months Ended

Dec. 31, 2022

Segmented Information

Schedule of Revenue and Net income by Segment

​

​	​	​	​	​	​	​	​	​	​
​	​	Year ended December 31, 2022
​	​	A&M			Other			Consolidated
Service revenue:	​	​	​	​	​	​	​	​	​
Commissions	​	$	485,916	​	$	—	​	$	485,916
Fees	​	​	366,079	​	​	198,588	​	​	564,667
Total service revenue	​	​	851,995	​	​	198,588	​	​	1,050,583
Inventory sales revenue	​		683,225	​	​	—	​		683,225
Total revenue	​	$	1,535,220	​	$	198,588	​	$	1,733,808
Costs of services	​		104,902	​		63,225	​		168,127
Cost of inventory sold	​		608,574	​		—	​		608,574
Selling, general and administrative	​		466,251	​		73,682	​		539,933
Segment profit	​	$	355,493	​	$	61,681	​	$	417,174
Acquisition-related costs	​	​	​	​			​		37,261
Depreciation and amortization	​	​	​	​			​		97,155
Foreign exchange gain	​	​	​	​			​		(954)
Total operating expenses	​	​	​	​	​	​	​	$	1,450,096
Gain on disposition of property, plant and equipment	​	​	​	​			​		170,833
Operating income	​	​	​	​			​	$	454,545
Interest expense	​	​	​	​			​		(57,880)
Interest income	​	​	​	​	​	​	​	​	6,971
Change in fair value of derivatives	​	​	​	​	​	​	​	​	1,263
Other income, net	​	​	​	​			​		1,089
Income tax expense	​	​	​	​			​		(86,230)
Net income	​	​	​	​			​	$	319,758

​

​	​	​	​	​	​	​	​	​	​
​	​	Year ended December 31, 2021
​	​	A&M			Other			Consolidated
Service revenue:	​	​	​	​	​	​	​	​	​
Commissions	​	$	469,718	​	$	—	​	$	469,718
Fees	​	​	293,408	​	​	154,633	​	​	448,041
Total service revenue	​	​	763,126	​	​	154,633	​	​	917,759
Inventory sales revenue	​		499,212	​		—	​		499,212
Total revenue	​	$	1,262,338	​	$	154,633	​	$	1,416,971
Costs of services	​		97,423	​		57,835	​		155,258
Cost of inventory sold	​		447,921	​		—	​		447,921
Selling, general and administrative	​		406,360	​		49,843	​		456,203
Segment profit	​	$	310,634	​	$	46,955	​	$	357,589
Acquisition-related costs	​	​	​	​			​		30,197
Depreciation and amortization	​	​	​	​			​		87,889
Foreign exchange loss	​	​	​	​			​		792
Total operating expenses	​	​	​	​	​	​	​	$	1,178,260
Gain on disposition of property, plant and equipment	​	​	​	​			​		1,436
Operating income	​	​	​	​			​	$	240,147
Interest expense	​	​	​	​			​		(36,993)
Interest income	​	​	​	​	​	​	​	​	1,402
Change in fair value of derivatives	​	​	​	​	​	​	​	​	(1,248)
Other income, net	​	​	​	​			​		1,924
Income tax expense	​	​	​	​			​		(53,378)
Net income	​	​	​	​			​	$	151,854

​

​	​	​	​	​	​	​	​	​	​
​	​	Year ended December 31, 2020
​	​	A&M			Other			Consolidated
Service revenue:	​	​	​	​	​	​	​	​	​
Commissions	​	$	452,882	​	$	—	​	$	452,882
Fees	​	​	291,775	​	​	126,939	​	​	418,714
Total service revenue	​	​	744,657	​	​	126,939	​	​	871,596
Inventory sales revenue	​		505,664	​		—	​		505,664
Total revenue	​	$	1,250,321	​	$	126,939	​	$	1,377,260
Costs of services	​		103,232	​		61,296	​		164,528
Cost of inventory sold	​		458,293	​		—	​		458,293
SG&A expenses	​		382,254	​		28,037	​		410,291
Segment profit	​	$	306,542	​	$	37,606	​	$	344,148
Acquisition-related costs	​	​	​	​			​		6,014
D&A expenses	​	​	​	​			​	​	74,921
Foreign exchange loss	​	​	​	​			​	​	1,612
Total operating expenses	​	​	​	​	​	​	​	$	1,115,659
Gain on disposition of property, plant and equipment	​	​	​	​	​	​	​	​	1,559
Operating income	​	​	​	​			​	$	263,160
Interest expense	​	​	​	​			​	​	(35,568)
Interest income	​	​	​	​	​	​	​	​	2,337
Other income, net	​	​	​	​			​		5,959
Income tax expense	​	​	​	​			​		(65,530)
Net income	​	​	​	​			​	$	170,358

​

Schedule of carrying value goodwill

​

​	​	​	​	​	​	​
At December 31,		2022			2021
A&M	​	$	651,539	​	$	653,183
Other	​		​	​	​	​
Mascus	​	​	18,846	​	​	19,984
Rouse	​	​	163,968	​	​	163,968
SmartEquip	​	​	114,463	​	​	110,580
Total Goodwill	​	$	948,816	​	$	947,715

​

Geographic Information of Revenue

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

United

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

States

Canada

Australia

Europe

Other

Consolidated

Total revenue for the year ended:

​

​

​

​

​

​

​

December 31, 2022

​

$

970,848

​

$

375,670

​

$

181,339

​

$

143,232

​

$

62,719

​

$

1,733,808

December 31, 2021

​

748,730

​

281,105

​

​

149,551

​

183,004

​

54,581

​

1,416,971

December 31, 2020

​

754,815

​

​

305,236

​

​

119,490

​

​

158,999

​

​

38,720

​

​

1,377,260

​

Geographic Information of Long-lived Assets

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

United

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

States

Canada

Australia

Europe

Other

Consolidated

Total revenue for the year ended:

​

​

​

​

​

​

​

December 31, 2022

​

$

970,848

​

$

375,670

​

$

181,339

​

$

143,232

​

$

62,719

​

$

1,733,808

December 31, 2021

​

748,730

​

281,105

​

​

149,551

​

183,004

​

54,581

​

1,416,971

December 31, 2020

​

754,815

​

​

305,236

​

​

119,490

​

​

158,999

​

​

38,720

​

​

1,377,260

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

United

​

​

​

​

​

​

​

​

​

​

​

​

States

Canada

Australia

Europe

Other

Consolidated

Property, plant and equipment:

​

​

​

​

​

​

​

December 31, 2022

​

$

241,937

​

$

87,264

​

$

20,035

​

$

86,702

​

$

23,199

​

$

459,137

December 31, 2021

​

232,351

​

​

93,826

​

​

21,478

​

​

75,538

​

​

25,894

​

449,087

X

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