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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 24,424 $ 28,925
Trade accounts receivable, net of allowance for doubtful accounts of $1,150 and $1,161, respectively 11,594 11,884
Inventory 21,392 19,926
Federal income tax receivable 11,538 11,538
Prepaid income taxes 33 66
Prepaid expenses and other 668 379
Total current assets 69,649 72,718
Long-term inventory, net of allowance for obsolescence of $37 and $221, respectively 1,250 1,065
Rental equipment, net of accumulated depreciation of $192,827 and $175,802, respectively 208,396 207,585
Property and equipment, net of accumulated depreciation of $15,293 and $13,916, respectively 21,120 21,749
Right of use assets - operating leases, net of accumulated amortization of $519 and $356, respectively 321 483
Intangibles, net of accumulated amortization of $2,102 and $2,008, respectively 1,057 1,151
Other assets 2,513 2,050
Total assets 304,306 306,801
Current Liabilities:    
Accounts payable 1,120 2,373
Accrued liabilities 13,621 6,770
Line of credit 0 417
Current operating leases 94 198
Deferred income 693 1,103
Total current liabilities 15,528 10,861
Deferred income tax liability 41,448 41,890
Long-term operating leases 227 285
Other long-term liabilities 2,578 2,221
Total liabilities 59,781 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 113,596 112,615
Retained earnings 135,717 139,286
Treasury Shares, at cost, 471 and 38 shares, respectively (4,922) (490)
Total stockholders' equity 244,525 251,544
Total liabilities and stockholders' equity $ 304,306 $ 306,801