XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 29,438 $ 16,390
Trade accounts receivable, net of allowance for doubtful accounts of $362 and $296 as of March 31, 2012 and December 31, 2011, respectively 3,104 5,679
Inventory, net of allowance for obsolescence of $603 and $486 as of March 31, 2011 and December 31, 2011, respectively 26,586 26,965
Prepaid income taxes 109 109
Prepaid expenses and other 534 360
Total current assets 59,771 49,503
Rental equipment, net of accumulated depreciation of $59,761 and $56,623 as of March 31, 2012 and December 31, 2011, respectively 140,604 142,473
Property and equipment, net of accumulated depreciation of $8,124 and $7,786 as of March 31, 2012 and December 31, 2011, respectively 7,739 7,839
Goodwill, net of accumulated amortization of $325, both periods 10,039 10,039
Intangibles, net of accumulated amortization of $1,967and $1,936 as of March 31, 2012 and December 31, 2011, respectively 2,251 2,282
Other assets 28 28
Total assets 220,432 212,164
Current Liabilities:    
Line of credit 0 0
Accounts payable 2,619 3,730
Accrued liabilities 3,421 3,644
Current income tax liability 75 75
Deferred income 8,490 4,863
Total current liabilities 14,605 12,312
Line of Credit, noncurrent portion 1,017 1,017
Deferred income tax payable 38,919 36,769
Other long-term liabilities 517 524
Total liabilities 55,058 50,622
Stockholders’ Equity:    
Preferred stock, 5,000 shares authorized, no shares issued or outstanding 0 0
Common stock, 30,000 shares authorized, par value $0.01; 12,207and 12,179 shares issued and outstanding as of March 31, 2012 and December 31, 2011, respectively 122 122
Additional paid-in capital 87,548 87,225
Retained earnings 77,704 74,195
Total stockholders' equity 165,374 161,542
Liabilities and Stockholders' Equity $ 220,432 $ 212,164