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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 28,925 $ 11,592
Trade accounts receivable, net of allowance for doubtful accounts of $1,161 and $918, respectively 11,884 9,106
Inventory 19,926 21,080
Federal income tax receivable 11,538 0
Prepaid income taxes 66 40
Prepaid expenses and other 379 597
Total current assets 72,718 42,415
Long-Term Inventory, net of allowance for obsolescence of $221 and $24, respectively 1,065 1,068
Rental equipment, net of accumulated depreciation of $175,802 and $162,348, respectively 207,585 217,742
Property and equipment, net of accumulated depreciation of $13,916 and $12,847, respectively 21,749 21,869
Right of use assets - operating leases, net of accumulated amortization $356 483 604
Intangibles, net of accumulated amortization of $2,008 and $1,883, respectively 1,151 1,276
Other assets 2,050 1,603
Total assets 306,801 286,577
Current Liabilities:    
Accounts payable 2,373 1,975
Accrued liabilities 6,770 2,287
Line of credit 417 417
Current operating leases 198 189
Deferred income 1,103 640
Total current liabilities 10,861 5,508
Deferred income tax liability 41,890 31,243
Long-term operating leases 285 415
Other long-term liabilities 2,221 1,718
Total liabilities 55,257 38,884
Commitments and contingencies
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; 13,296 and 13,178 shares issued, respectively 133 132
Additional paid-in capital 112,615 110,573
Retained earnings 139,286 137,478
Treasury shares, at cost, 38 shares (490) (490)
Total stockholders' equity 251,544 247,693
Total liabilities and stockholders' equity $ 306,801 $ 286,577