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Segments (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Company’s Segment Results

The Company’s segment results are presented in the tables below:

			Three Months Ended March 31,
			2024
(in $000s)			ERS						TES						APS						Total
Revenue:
Rental			$	103,288					$	—					$	2,883					$	106,171
Equipment sales			32,740						239,862						—						272,602
Parts and services			—						—						32,534						32,534
Total revenue			136,028						239,862						35,417						411,307
Cost of revenue:
Rentals/parts and services			29,800						—						26,254						56,054
Equipment sales			24,098						196,702						—						220,800
Depreciation of rental equipment			42,697						—						1,047						43,744
Total cost of revenue			96,595						196,702						27,301						320,598
Gross profit			$	39,433					$	43,160					$	8,116					$	90,709

			Three Months Ended March 31,
			2023
(in $000s)			ERS						TES						APS						Total
Revenue:
Rental			$	113,784					$	—					$	4,504					$	118,288
Equipment sales			92,136						209,154						—						301,290
Parts and services			—						—						32,585						32,585
Total revenue			205,920						209,154						37,089						452,163
Cost of revenue:
Rentals/parts and services			29,060						—						26,987						56,047
Equipment sales			71,081						175,044						—						246,125
Depreciation of rental equipment			39,512						—						818						40,330
Total cost of revenue			139,653						175,044						27,805						342,502
Gross profit			$	66,267					$	34,110					$	9,284					$	109,661

Schedule of Reconciliation of Consolidated Gross Profit to Consolidated Income (Loss) Before Income Taxes

The following table presents a reconciliation of consolidated gross profit to consolidated income (loss) before income taxes:

			Three Months Ended March 31,
(in $000s)			2024						2023
Gross profit			$	90,709					$	109,661
Selling, general and administrative expenses			57,995						56,991
Amortization			6,578						6,672
Non-rental depreciation			2,920						2,650
Transaction expenses and other			4,846						3,460
Interest expense, net			37,915						29,176
Financing and other expense (income)			(3,262)						(3,951)
Income (loss) before income taxes			$	(16,283)					$	14,663

Schedule of Total Assets by Country

The following table presents total assets by country:

(in $000s)			March 31, 2024						December 31, 2023
Assets:
United States			$	3,332,762					$	3,243,619
Canada			117,753						124,178
Total Assets			$	3,450,515					$	3,367,797

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

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-Name Accounting Standards Codification
-Section 50
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-Subparagraph b
-SubTopic 10
-Topic 280
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Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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