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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,746 $ 3,372
Trade accounts receivable, net of allowance for doubtful accounts of $823 and $338, respectively 39,186 14,668
Inventory, net of allowance for obsolescence of $2,836 and $0, respectively 21,639 23,414
Federal income tax receivable 11,538 11,538
Prepaid expenses and other 1,162 1,155
Total current assets 76,271 54,147
Long-term inventory, net of allowance for obsolescence of $1,168 and $120, respectively 701 1,557
Rental equipment, net of accumulated depreciation of $191,745 and $177,729, respectively 373,649 246,450
Property and equipment, net of accumulated depreciation of $17,649 and $16,981, respectively 20,550 22,176
Intangibles, net of accumulated amortization of $2,384 and $2,259, respectively 775 900
Other assets 6,783 3,016
Total assets 478,729 328,246
Current Liabilities:    
Accounts payable 17,628 6,481
Accrued liabilities 15,085 23,918
Total current liabilities 32,713 30,399
Credit facility 164,000 25,000
Deferred income tax liability 41,636 39,798
Other long-term liabilities 4,486 2,973
Total liabilities 242,835 98,170
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; 13,688 and 13,519 shares issued, respectively 137 135
Additional paid-in capital 116,480 115,411
Retained earnings 134,281 129,534
Treasury shares, at cost, 1,310 shares (15,004) (15,004)
Total stockholders' equity 235,894 230,076
Total liabilities and stockholders' equity $ 478,729 $ 328,246