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Segments (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Company’s Segment Results

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

			Three Months Ended September 30,
			2025
(in $000s)			ERS						TES						APS						Total
Revenue:
Rental			$	123,945					$	—					$	3,197					$	127,142
Equipment sales			45,160						275,423						—						320,583
Parts and services			—						—						34,333						34,333
Total revenue from external customers			169,105						275,423						37,530						482,058
Cost of revenue:
Rentals/parts and services			30,425						—						27,728						58,153
Equipment sales			34,339						234,038						—						268,377
Depreciation of rental equipment			54,068						—						707						54,775
Total cost of revenue from external customers			118,832						234,038						28,435						381,305
Gross profit			$	50,273					$	41,385					$	9,095					$	100,753

			Three Months Ended September 30,
			2024
(in $000s)			ERS						TES						APS						Total
Revenue:
Rental			$	105,317					$	—					$	3,007					108,324
Equipment sales			45,574						259,902						—						305,476
Parts and services			—						—						33,420						33,420
Total revenue from external customers			150,891						259,902						36,427						447,220
Cost of revenue:
Rentals/parts and services			29,415						—						28,033						57,448
Equipment sales			33,975						218,012						—						251,987
Depreciation of rental equipment			44,964						—						992						45,956
Total cost of revenue from external customers			108,354						218,012						29,025						355,391
Gross profit			$	42,537					$	41,890					$	7,402					$	91,829
			Nine Months Ended September 30,
			2025
(in $000s)			ERS						TES						APS						Total
Revenue:
Rental			$	354,638					$	—					$	9,579					$	364,217
Equipment sales			139,287						811,271						—						950,558
Parts and services			—						—						100,998						100,998
Total revenue from external customers			493,925						811,271						110,577						1,415,773
Cost of revenue:
Rentals/parts and services			91,141						—						83,402						174,543
Equipment sales			105,742						687,784						—						793,526
Depreciation of rental equipment			156,695						—						2,178						158,873
Total cost of revenue from external customers			353,578						687,784						85,580						1,126,942
Gross profit			$	140,347					$	123,487					$	24,997					$	288,831
			Nine Months Ended September 30,
			2024
(in $000s)			ERS						TES						APS						Total
Revenue:
Rental			$	309,304					$	—					$	8,188					$	317,492
Equipment sales			116,026						747,685						—						863,711
Parts and services			—						—						100,337						100,337
Total revenue from external customers			425,330						747,685						108,525						1,281,540
Cost of revenue:
Rentals/parts and services			88,496						—						82,849						171,345
Equipment sales			83,865						620,240						—						704,105
Depreciation of rental equipment			131,242						—						3,043						134,285
Total cost of revenue from external customers			303,603						620,240						85,892						1,009,735
Gross profit			$	121,727					$	127,445					$	22,633					$	271,805

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 September 30,												Nine Months Ended September 30,
(in $000s)			2025						2024						2025						2024
Gross profit			$	100,753					$	91,829					$	288,831					$	271,805
Selling, general and administrative expenses			54,863						54,630						173,479						168,322
Amortization			6,683						6,696						20,274						19,966
Non-rental depreciation			3,332						3,472						9,904						9,752
Transaction expenses and other			3,246						3,994						12,209						14,684
Interest expense, net			40,247						43,875						119,364						124,191
Financing and other expense (income)			(874)						(2,818)						(3,261)						(9,399)
Income (loss) before income taxes			$	(6,744)					$	(18,020)					$	(43,138)					$	(55,711)

Schedule of Total Assets by Country

The following table presents total assets by country:

(in $000s)			September 30, 2025						December 31, 2024
Assets:
United States			$	3,390,830					$	3,385,786
Canada			149,877						116,181
Total Assets			$	3,540,707					$	3,501,967

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- 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.

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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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