XML 52 R4.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Rental income $ 33,734 $ 22,723
Total revenue from contracts with customers 3,173 3,897
Total revenue 36,907 26,620
Operating costs and expenses:    
Cost of rentals, exclusive of depreciation stated separately below 13,114 11,645
Cost of sales, exclusive of depreciation stated separately below 2,180 3,237
Cost of aftermarket services, exclusive of depreciation stated separately below 500 609
Selling, general and administrative expenses 4,702 4,562
Depreciation and amortization 7,087 6,165
Retirement of rental equipment 5 0
Total operating costs and expenses 27,588 26,218
Operating income 9,319 402
Other income (expense):    
Interest expense (2,935) 0
Other income, net 193 118
Total other income (expense), net (2,742) 118
Income before provision for income taxes 6,577 520
Income tax (expense) benefit (1,479) (150)
Net income $ 5,098 $ 370
Earnings per share:    
Basic (in dollars per share) $ 0.41 $ 0.03
Diluted (in dollars per share) $ 0.41 $ 0.03
Weighted average shares outstanding:    
Basic (in shares) 12,380 12,213
Diluted (in shares) 12,465 12,354
Sales    
Revenue:    
Total revenue from contracts with customers $ 2,503 $ 2,992
Aftermarket services    
Revenue:    
Total revenue from contracts with customers $ 670 $ 905