XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Income Statements - USD ($)
shares in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Rental income $ 14,655,000 $ 19,712,000 $ 31,063,000 $ 40,315,000
Sales, net 2,300,000 4,292,000 7,210,000 8,204,000
Service and maintenance income 239,000 226,000 497,000 452,000
Total revenue 17,194,000 24,230,000 38,770,000 48,971,000
Operating costs and expenses:        
Cost of rentals, exclusive of depreciation stated separately below 5,411,000 7,008,000 11,105,000 14,735,000
Cost of sales, exclusive of depreciation stated separately below 2,236,000 3,153,000 6,168,000 5,966,000
Cost of service and maintenance 85,000 43,000 196,000 81,000
Loss on retirement of rental equipment 0 4,373,000 0 4,373,000
Selling, general and administrative expense 2,152,000 2,876,000 4,721,000 5,464,000
Depreciation and amortization 5,437,000 5,858,000 10,940,000 11,646,000
Total operating costs and expenses 15,321,000 23,311,000 33,130,000 42,265,000
Operating income 1,873,000 919,000 5,640,000 6,706,000
Other income (expense):        
Interest expense (2,000) (3,000) (4,000) (6,000)
Other income (expense) (7,000) 5,000 12,000 47,000
Total other income (expense), net (9,000) 2,000 8,000 41,000
Income before provision for income taxes 1,864,000 921,000 5,648,000 6,747,000
Provision for income taxes 605,000 307,000 1,848,000 2,439,000
Net income $ 1,259,000 $ 614,000 $ 3,800,000 $ 4,308,000
Earnings per share:        
Basic (in USD per share) $ 0.10 $ 0.05 $ 0.30 $ 0.34
Diluted (in USD per share) $ 0.10 $ 0.05 $ 0.29 $ 0.34
Weighted average shares outstanding:        
Basic (in shares) 12,709 12,579 12,678 12,542
Diluted (in shares) 12,936 12,830 12,887 12,774