XML 41 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Reporting - Summarized Financial Information for Company's Reportable Segments (Detail) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Segment Reporting Information [Line Items]          
Rental revenues $ 66,747 $ 67,305 $ 133,279 $ 132,807  
Rental related services revenues 19,315 17,227 36,906 32,594  
Sales and other revenues     26,619 20,813  
Total revenues 103,105 96,026 196,804 186,214  
Depreciation of rental equipment 18,231 19,016 36,771 37,698  
Gross profit 43,756 40,918 84,411 80,005  
Selling and administrative expenses 25,683 24,453 52,080 49,665  
Income (loss) from operations 18,073 16,465 32,331 30,340  
Interest (expense) income allocation     (6,546) (4,738)  
Income (loss) before provision for income taxes 15,006 14,033 25,859 25,349  
Rental equipment acquisitions     42,371 74,687  
Accounts receivable, net (period end) 95,860 93,974 95,860 93,974 $ 95,263
Rental equipment, at cost (period end) 1,322,294 1,277,244 1,322,294 1,277,244 1,310,083
Rental equipment, net book value (period end) 868,422 856,489 868,422 856,489 $ 869,601
Mobile Modular [Member]          
Segment Reporting Information [Line Items]          
Rental revenues     62,792 54,088  
Rental related services revenues     23,337 19,591  
Sales and other revenues     8,634 7,325  
Total revenues     94,763 81,004  
Depreciation of rental equipment     10,347 9,280  
Gross profit     41,287 32,266  
Selling and administrative expenses     24,798 22,642  
Income (loss) from operations     16,489 9,624  
Interest (expense) income allocation     (3,602) (2,481)  
Income (loss) before provision for income taxes     12,887 7,143  
Rental equipment acquisitions     26,448 38,691  
Accounts receivable, net (period end) 52,362 46,913 52,362 46,913  
Rental equipment, at cost (period end) 761,125 699,781 761,125 699,781  
Rental equipment, net book value (period end) 544,132 501,071 $ 544,132 $ 501,071  
Utilization (period end) [1]     75.70% 74.30%  
Average utilization [1]     76.00% 74.30%  
TRS-RenTelco [Member]          
Segment Reporting Information [Line Items]          
Rental revenues     $ 41,197 $ 44,000  
Rental related services revenues     1,501 1,450  
Sales and other revenues     13,194 10,545  
Total revenues     55,892 55,995  
Depreciation of rental equipment     18,386 20,477  
Gross profit     22,558 22,751  
Selling and administrative expenses     11,343 11,611  
Income (loss) from operations     11,215 11,140  
Interest (expense) income allocation     (1,340) (1,053)  
Income (loss) before provision for income taxes     9,949 9,834  
Rental equipment acquisitions     15,373 30,077  
Accounts receivable, net (period end) 23,098 23,547 23,098 23,547  
Rental equipment, at cost (period end) 251,080 269,668 251,080 269,668  
Rental equipment, net book value (period end) 94,320 112,275 $ 94,320 $ 112,275  
Utilization (period end) [1]     59.70% 60.30%  
Average utilization [1]     59.50% 59.80%  
Adler Tanks [Member]          
Segment Reporting Information [Line Items]          
Rental revenues     $ 29,290 $ 34,719  
Rental related services revenues     12,068 11,553  
Sales and other revenues     644 742  
Total revenues     42,002 47,014  
Depreciation of rental equipment     8,038 7,941  
Gross profit     19,077 24,380  
Selling and administrative expenses     14,155 13,819  
Income (loss) from operations     4,922 10,561  
Interest (expense) income allocation     (1,719) (1,297)  
Income (loss) before provision for income taxes     3,203 9,264  
Rental equipment acquisitions     550 5,919  
Accounts receivable, net (period end) 15,757 20,310 15,757 20,310  
Rental equipment, at cost (period end) 310,089 307,795 310,089 307,795  
Rental equipment, net book value (period end) 229,970 243,143 $ 229,970 $ 243,143  
Utilization (period end) [1]     46.80% 61.70%  
Average utilization [1]     49.70% 60.90%  
Enviroplex [Member]          
Segment Reporting Information [Line Items]          
Sales and other revenues [2]     $ 4,147 $ 2,201  
Total revenues [2]     4,147 2,201  
Gross profit [2]     1,489 608  
Selling and administrative expenses [2]     1,784 1,593  
Income (loss) from operations [2]     (295) (985)  
Interest (expense) income allocation [2]     115 93  
Income (loss) before provision for income taxes [2]     (180) (892)  
Accounts receivable, net (period end) [2] $ 4,643 $ 3,204 $ 4,643 $ 3,204  
[1] Utilization is calculated each month by dividing the cost of rental equipment on rent by the total cost of rental equipment excluding accessory equipment and for Mobile Modular and Adler Tanks excluding new equipment inventory. The Average Utilization for the period is calculated using the average costs of rental equipment.
[2] Gross Enviroplex sales revenues were $4,147 and $2,208 for the six months ended June 30, 2016 and 2015, respectively, which include inter-segment sales to Mobile Modular of $0 and $7, respectively, which have been eliminated in consolidation.