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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 27,559 $ 11,592
Trade accounts receivable, net of allowance for doubtful accounts of $1,119 and $918, respectively 10,384 9,106
Inventory 17,125 21,080
Federal income tax receivable 11,083 0
Prepaid income taxes 127 40
Prepaid expenses and other 596 597
Total current assets 66,874 42,415
Long-term inventory, net of allowance for obsolescence of $37 and $24, respectively 1,230 1,068
Rental equipment, net of accumulated depreciation of $179,160 and $162,348, respectively 210,876 217,742
Property and equipment, net of accumulated depreciation of $13,327 and $12,847, respectively 21,824 21,869
Right of use assets - operating leases, net of accumulated amortization of $306 and $158, respectively 509 604
Intangibles, net of accumulated amortization of $1,977 and $1,883, respectively 1,182 1,276
Other assets 1,818 1,603
Total assets 304,313 286,577
Current Liabilities:    
Accounts payable 2,045 1,975
Accrued liabilities 4,391 2,287
Line of credit 417 417
Current operating leases 203 189
Deferred income 583 640
Total current liabilities 7,639 5,508
Deferred income tax liability 41,579 31,243
Long-term operating leases 306 415
Other long-term liabilities 1,931 1,718
Total liabilities 51,455 38,884
Commitments and contingencies (Notes 6, 9, and 14)
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; 13,290 and 13,178 shares issued, respectively 133 132
Additional paid-in capital 112,052 110,573
Retained earnings 141,163 137,478
Treasury Shares, at cost, 38 shares (490) (490)
Total stockholders' equity 252,858 247,693
Total liabilities and stockholders' equity $ 304,313 $ 286,577