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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 26,173 $ 28,925
Trade accounts receivable, net of allowance for doubtful accounts of $1,203 and $1,161, respectively 12,229 11,884
Inventory 21,348 19,926
Federal income tax receivable 11,538 11,538
Prepaid income taxes 39 66
Prepaid expenses and other 775 379
Total current assets 72,102 72,718
Long-term inventory, net of allowance for obsolescence of $37 and $221, respectively 1,171 1,065
Rental equipment, net of accumulated depreciation of $187,087 and $175,802, respectively 208,176 207,585
Property and equipment, net of accumulated depreciation of $15,103 and $13,916, respectively 21,180 21,749
Right of use assets - operating leases, net of accumulated amortization of $465 and $356, respectively 375 483
Intangibles, net of accumulated amortization of $2,071 and $2,008, respectively 1,088 1,151
Other assets 2,507 2,050
Total assets 306,599 306,801
Current Liabilities:    
Accounts payable 2,425 2,373
Accrued liabilities 10,998 6,770
Line of credit 0 417
Current operating leases 131 198
Deferred income 693 1,103
Total current liabilities 14,247 10,861
Deferred income tax liability 41,666 41,890
Long-term operating leases 244 285
Other long-term liabilities 2,541 2,221
Total liabilities 58,698 55,257
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; 13,394 and 13,296 shares issued, respectively 134 133
Additional paid-in capital 113,175 112,615
Retained earnings 136,974 139,286
Treasury Shares, at cost, 213 and 38 shares, respectively (2,382) (490)
Total stockholders' equity 247,901 251,544
Total liabilities and stockholders' equity $ 306,599 $ 306,801