XML 34 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Reporting - Summarized Financial Information for Company's Reportable Segments (Detail) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Segment Reporting Information [Line Items]          
Rental revenues $ 69,953 $ 66,747 $ 137,931 $ 133,279  
Rental related services revenues 18,796 19,315 36,731 36,906  
Sales and other revenues     29,757 26,619  
Total revenues 109,582 103,105 204,419 196,804  
Depreciation of rental equipment 17,242 18,231 34,621 36,771  
Gross profit 49,211 43,756 92,881 84,411  
Selling and administrative expenses 27,365 25,683 55,213 52,080  
Income (loss) from operations 21,846 18,073 37,668 32,331  
Interest (expense) income allocation     (5,738) (6,546)  
Income (loss) before provision for income taxes 18,908 15,006 32,167 25,859  
Rental equipment acquisitions     49,599 42,371  
Accounts receivable, net (period end) 96,539 95,860 96,539 95,860 $ 96,877
Rental equipment, at cost (period end) 1,342,222 1,322,294 1,342,222 1,322,294 1,324,057
Rental equipment, net book value (period end) 863,207 868,422 863,207 868,422 $ 856,371
Mobile Modular [Member]          
Segment Reporting Information [Line Items]          
Rental revenues     68,684 62,792  
Rental related services revenues     23,554 23,337  
Sales and other revenues     12,703 8,634  
Total revenues     104,941 94,763  
Depreciation of rental equipment     10,666 10,347  
Gross profit     47,578 41,287  
Selling and administrative expenses     27,617 24,798  
Income (loss) from operations     19,961 16,489  
Interest (expense) income allocation     (3,289) (3,602)  
Income (loss) before provision for income taxes     16,672 12,887  
Rental equipment acquisitions     21,531 26,448  
Accounts receivable, net (period end) 57,268 52,362 57,268 52,362  
Rental equipment, at cost (period end) 782,503 761,125 782,503 761,125  
Rental equipment, net book value (period end) 551,101 544,132 $ 551,101 $ 544,132  
Utilization (period end) [1]     75.70% 75.70%  
Average utilization [1]     76.70% 76.00%  
TRS-RenTelco [Member]          
Segment Reporting Information [Line Items]          
Rental revenues     $ 39,551 $ 41,197  
Rental related services revenues     1,312 1,501  
Sales and other revenues     10,990 13,194  
Total revenues     51,853 55,892  
Depreciation of rental equipment     16,071 18,386  
Gross profit     23,847 22,558  
Selling and administrative expenses     11,019 11,343  
Income (loss) from operations     12,828 11,215  
Interest (expense) income allocation     (1,126) (1,340)  
Income (loss) before provision for income taxes     11,939 9,949  
Rental equipment acquisitions     25,510 15,373  
Accounts receivable, net (period end) 18,443 23,098 18,443 23,098  
Rental equipment, at cost (period end) 249,935 251,080 249,935 251,080  
Rental equipment, net book value (period end) 96,547 94,320 $ 96,547 $ 94,320  
Utilization (period end) [1]     61.60% 59.70%  
Average utilization [1]     62.30% 59.50%  
Adler Tanks [Member]          
Segment Reporting Information [Line Items]          
Rental revenues     $ 29,696 $ 29,290  
Rental related services revenues     11,865 12,068  
Sales and other revenues     1,153 644  
Total revenues     42,714 42,002  
Depreciation of rental equipment     7,884 8,038  
Gross profit     19,832 19,077  
Selling and administrative expenses     14,528 14,155  
Income (loss) from operations     5,304 4,922  
Interest (expense) income allocation     (1,515) (1,719)  
Income (loss) before provision for income taxes     3,789 3,203  
Rental equipment acquisitions     2,558 550  
Accounts receivable, net (period end) 15,918 15,757 15,918 15,757  
Rental equipment, at cost (period end) 309,784 310,089 309,784 310,089  
Rental equipment, net book value (period end) 215,559 229,970 $ 215,559 $ 229,970  
Utilization (period end) [1]     55.40% 46.80%  
Average utilization [1]     53.40% 49.70%  
Enviroplex [Member]          
Segment Reporting Information [Line Items]          
Sales and other revenues [2]     $ 4,911 $ 4,147  
Total revenues [2]     4,911 4,147  
Gross profit [2]     1,624 1,489  
Selling and administrative expenses [2]     2,049 1,784  
Income (loss) from operations [2]     (425) (295)  
Interest (expense) income allocation [2]     192 115  
Income (loss) before provision for income taxes [2]     (233) (180)  
Accounts receivable, net (period end) [2] $ 4,910 $ 4,643 $ 4,910 $ 4,643  
[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 $4,911 and $4,147 for the six months ended June 30, 2017 and 2016, respectively, with no inter-segment sales to Mobile Modular requiring elimination in consolidation.