XML 45 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenues $ 2,364,767 $ 2,142,623 $ 1,672,980
Costs:      
Depreciation of rental equipment 265,733 256,719 218,790
Gross profit 1,333,870 1,135,482 844,703
Expenses:      
Selling, general and administrative 596,090 567,407 480,407
Other depreciation and amortization 72,921 62,380 61,777
Currency losses, net 6,754 886 427
Other (income) expense, net (15,354) (6,673) 1,715
Operating income 673,459 511,482 300,377
Interest expense 205,040 146,278 116,358
Fair value loss on common stock warrant liabilities 0 0 26,597
Loss on extinguishment of debt 0 0 5,999
Income from continuing operations before income tax 468,419 365,204 151,423
Income tax expense from continuing operations 126,575 88,863 36,528
Income from continuing operations 341,844 276,341 114,895
Discontinued operations:      
Income from discontinued operations before income tax 4,003 63,468 58,267
Gain on sale of discontinued operations 176,078 35,456 0
Income tax expense from discontinued operations 45,468 35,725 13,018
Income from discontinued operations 134,613 63,199 45,249
Net income $ 476,457 $ 339,540 $ 160,144
Earnings per share from continuing operations attributable to WillScot Mobile Mini common shareholders:      
Basic (in USD per share) $ 1.72 $ 1.27 $ 0.51
Diluted (in USD per share) 1.69 1.25 0.49
Earnings per share from discontinued operations attributable to WillScot Mobile Mini common shareholders:      
Basic (in USD per share) 0.68 0.30 0.20
Diluted (in USD per share) 0.67 0.28 0.20
Earnings per share attributable to WillScot Mobile Mini common shareholders:      
Basic (in USD per share) 2.40 1.57 0.71
Diluted (in USD per share) $ 2.36 $ 1.53 $ 0.69
Weighted average shares:      
Basic (in shares) 198,554,885 216,808,577 226,518,931
Diluted (in shares) 201,849,836 221,399,162 232,793,902
Total Leasing And Product And Service Revenues/Costs      
Revenues:      
Total revenues $ 2,364,767 $ 2,142,623 $ 1,672,980
Leasing Revenue      
Revenues:      
Leasing 1,833,935 1,621,690 1,252,490
Costs:      
Leasing 398,467 376,868 282,576
Delivery and installation      
Revenues:      
Revenues 437,179 429,152 321,129
Total revenues 437,179 429,152 321,129
Costs:      
Cost of sales 317,117 322,636 267,533
New units      
Revenues:      
Revenues 48,129 40,338 46,993
Total revenues 48,129 40,338 46,993
Costs:      
Cost of sales 26,439 24,011 31,348
Rental units      
Revenues:      
Revenues 45,524 51,443 52,368
Total revenues 45,524 51,443 52,368
Costs:      
Cost of sales $ 23,141 $ 26,907 $ 28,030