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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 640.4 $ 490.9 $ 1,207.7 $ 944.7
Expenses:        
Direct operating 270.7 203.0 516.9 386.0
Depreciation of rental equipment 130.2 101.1 249.5 201.5
Cost of sales of rental equipment 14.1 24.7 32.6 63.1
Cost of sales of new equipment, parts and supplies 5.4 4.9 10.7 9.1
Selling, general and administrative 97.0 74.0 186.4 139.5
Interest expense, net 25.2 21.0 47.7 42.4
Other (income) expense, net 0.3 0.4 (0.7) 0.2
Total expenses 542.9 429.1 1,043.1 841.8
Income before income taxes 97.5 61.8 164.6 102.9
Income tax provision (25.3) (14.7) (33.9) (22.9)
Net income $ 72.2 $ 47.1 $ 130.7 $ 80.0
Weighted average shares outstanding:        
Basic (in shares) 29.8 29.6 29.8 29.5
Diluted (in shares) 30.3 30.4 30.4 30.3
Earnings per share:        
Basic (in USD per share) $ 2.42 $ 1.59 $ 4.39 $ 2.71
Diluted (in USD per share) $ 2.38 $ 1.55 $ 4.30 $ 2.64
Equipment rental        
Revenues:        
Total revenues $ 605.4 $ 448.0 $ 1,132.2 $ 848.4
Sales of rental equipment        
Revenues:        
Total revenues 19.3 30.3 47.0 74.5
Sales of new equipment, parts and supplies        
Revenues:        
Total revenues 9.4 7.8 17.1 13.9
Service and other revenue        
Revenues:        
Total revenues $ 6.3 $ 4.8 $ 11.4 $ 7.9