XML 22 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 589,083 $ 604,590 $ 1,148,634 $ 1,191,771
Costs:        
Depreciation of rental equipment 88,444 75,611 162,396 150,519
Gross profit 296,070 327,118 596,436 644,006
Other operating expenses:        
Selling, general and administrative 145,023 180,793 302,169 349,107
Other depreciation and amortization 24,188 18,135 47,328 36,055
Impairment loss on intangible asset 0 132,540 0 132,540
Currency (gains) losses, net (79) (42) 144 35
Other expense, net 38 924 461 1,555
Operating income (loss) 126,900 (5,232) 246,334 124,714
Interest expense, net 58,977 55,548 117,446 112,136
Income (loss) before income tax 67,923 (60,780) 128,888 12,578
Income tax expense (benefit) 19,984 (13,929) 37,894 3,189
Net income (loss) $ 47,939 $ (46,851) $ 90,994 $ 9,389
Earnings (loss) per share:        
Basic (in USD per share) $ 0.26 $ (0.25) $ 0.50 $ 0.05
Diluted (in USD per share) $ 0.26 $ (0.25) $ 0.49 $ 0.05
Weighted average shares:        
Basic (in shares) 182,468,243 189,680,091 183,071,055 189,908,812
Diluted (in shares) 183,439,165 189,680,091 184,367,127 192,409,616
Leasing        
Revenues:        
Leasing $ 442,916 $ 458,592 $ 877,306 $ 919,193
Total revenues 442,916 458,592 877,306 919,193
Costs:        
Leasing 95,338 98,248 183,408 200,642
Delivery and installation        
Revenues:        
Revenues 108,452 108,147 197,113 208,509
Costs:        
Cost of sales 88,154 81,170 161,950 159,012
New units        
Revenues:        
Revenues 21,620 21,378 44,057 34,877
Total revenues 21,620 21,378 44,057 34,877
Costs:        
Cost of sales 13,552 13,358 28,750 21,631
Rental units        
Revenues:        
Revenues 16,095 16,473 30,158 29,192
Total revenues 16,095 16,473 30,158 29,192
Costs:        
Cost of sales $ 7,525 $ 9,085 $ 15,694 $ 15,961