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Segments (Tables)

3 Months Ended

Mar. 31, 2025

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,
			2025
(in $000s)			ERS						TES						APS						Total
Revenue:
Rental			$	112,965					$	—					$	3,296					$	116,261
Equipment sales			41,383						232,480						—						273,863
Parts and services			—						—						32,108						32,108
Total revenue			154,348						232,480						35,404						422,232
Cost of revenue:
Rentals/parts and services			30,388						—						27,740						58,128
Equipment sales			31,007						197,470						—						228,477
Depreciation of rental equipment			49,324						—						767						50,091
Total cost of revenue			110,719						197,470						28,507						336,696
Gross profit			$	43,629					$	35,010					$	6,897					$	85,536
			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

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)			2025						2024
Gross profit			$	85,536					$	90,709
Selling, general and administrative expenses			59,451						57,995
Amortization			6,680						6,578
Non-rental depreciation			3,340						2,920
Transaction expenses and other			3,660						4,846
Interest expense, net			38,913						37,915
Financing and other expense (income)			(1,016)						(3,262)
Income (loss) before income taxes			$	(25,492)					$	(16,283)

Schedule of Total Assets by Country

The following table presents total assets by country:

(in $000s)			March 31, 2025						December 31, 2024
Assets:
United States			$	3,436,633					$	3,385,786
Canada			106,275						116,181
Total Assets			$	3,542,908					$	3,501,967

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.

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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

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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.

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