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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 3,372 $ 22,942
Trade accounts receivable, net of allowance for doubtful accounts of $338 and $1,129, respectively 14,668 10,389
Inventory 23,414 19,329
Federal income tax receivable 11,538 11,538
Prepaid income taxes 10 51
Prepaid expenses and other 1,145 854
Total current assets 54,147 65,103
Long-Term Inventory, net of allowance for obsolescence of $120 and $64, respectively 1,557 1,582
Rental equipment, net of accumulated depreciation of $177,729 and $172,563, respectively 246,450 206,985
Property and equipment, net of accumulated depreciation of $16,981 and $15,784, respectively 22,176 20,828
Right of use assets - operating leases, net of accumulated amortization $721 and $555, respectively 349 285
Intangibles, net of accumulated amortization of $2,259 and $2,134, respectively 900 1,025
Other assets 2,667 2,698
Total assets 328,246 298,506
Current Liabilities:    
Accounts payable 6,481 4,795
Accrued liabilities 23,726 14,103
Current operating leases 155 68
Deferred income 37 1,312
Total current liabilities 30,399 20,278
Credit facility 25,000 0
Deferred income tax liability 39,798 39,288
Long-term operating leases 194 217
Other long-term liabilities 2,779 2,813
Total liabilities 98,170 62,596
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; 13,519 and 13,394 shares issued, respectively 135 134
Additional paid-in capital 115,411 114,017
Retained earnings 129,534 130,103
Treasury shares, at cost, 1,310 shares and 775, respectively (15,004) (8,344)
Total stockholders' equity 230,076 235,910
Total liabilities and stockholders' equity $ 328,246 $ 298,506