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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Estimated Useful Lives and Residual Values of Company's Rental Equipment

The estimated useful lives and residual values of the Company’s rental equipment used for financial reporting purposes are as follows:

 

Relocatable modular buildings

 

18 years, 50% residual value

Relocatable modular accessories

 

3 to 18 years, no residual value

Blast resistant modules

 

20 years, no residual value

Portable storage containers

    

25 years, 62.5% residual value

Electronic test equipment and accessories

 

1 to 8 years, no residual value

Liquid and solid containment tanks and boxes and accessories

 

3 to 20 years, no residual value

Property, Plant and Equipment

Property, plant and equipment consist of the following:

 

(dollar amounts in thousands)

 

Estimated

useful life

 

 

December 31,

 

 

 

in years

 

 

2018

 

 

2017

 

Land

 

Indefinite

 

 

$

50,689

 

 

$

50,689

 

Land improvements

 

20 – 50

 

 

 

50,064

 

 

 

43,337

 

Buildings

 

 

30

 

 

 

29,359

 

 

 

26,862

 

Furniture, office and computer equipment

 

3 – 10

 

 

 

33,081

 

 

 

32,118

 

Vehicles and machinery

 

5 – 25

 

 

 

38,199

 

 

 

34,597

 

 

 

 

 

 

 

 

201,392

 

 

 

187,603

 

Less accumulated depreciation

 

 

 

 

 

 

(77,118

)

 

 

(70,034

)

 

 

 

 

 

 

 

124,274

 

 

 

117,569

 

Construction in progress

 

 

 

 

 

 

2,625

 

 

 

1,601

 

 

 

 

 

 

 

$

126,899

 

 

$

119,170

 

Weighted-Average Common Stock Used to Calculate Basic and Diluted Earnings per Share The table below presents the weighted-average common stock used to calculate basic and diluted earnings per share:

 

(in thousands)

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

Weighted-average common stock for calculating basic

   earnings per share

 

 

24,141

 

 

 

23,999

 

 

 

23,900

 

Effect of potentially dilutive securities from equity-based

   compensation

 

 

399

 

 

 

270

 

 

 

76

 

Weighted-average common stock for calculating diluted

   earnings per share

 

 

24,540

 

 

 

24,269

 

 

 

23,976

 

Securities Not Included in Computation of Diluted Earnings Per Share

The following securities were not included in the computation of diluted earnings per share as their effect would have been anti-dilutive:

 

(in thousands)

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

Options to purchase common stock

 

 

 

 

 

7

 

 

 

661

 

Summary of Allowance for Doubtful Accounts Activity The allowance for doubtful accounts activity was as follows:

 

(in thousands)

 

2018

 

 

2017

 

Beginning balance, January 1

 

$

1,920

 

 

$

2,087

 

Provision for doubtful accounts

 

 

581

 

 

 

1,480

 

Write-offs, net of recoveries

 

 

(618

)

 

 

(1,647

)

Ending balance, December 31

 

$

1,883

 

 

$

1,920