XML 29 R17.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Inventories | 12 Months Ended
--- | ---
Dec. 31, 2024
Inventory Disclosure [Abstract] |
INVENTORIES | NOTE 5 — INVENTORIES Inventories, net, consisted of the following:
| December 31, |  |  | December 31, |
| 2024 |  |  | 2023 |
New equipment | $ | 374.0 |  |  | $ | 373.6 |
Used equipment |  | 62.0 |  |  |  | 54.6 |
Work in process |  | 7.5 |  |  |  | 8.2 |
Parts |  | 101.8 |  |  |  | 101.9 |
Gross inventory |  | 545.3 |  |  |  | 538.3 |
Inventory reserves |  | (9.4 | ) |  |  | (7.6 | )
Inventories, net | $ | 535.9 |  |  | $ | 530.7 |
Direct labor of $0.6 million and $1.2 million incurred for open service orders were capitalized and included in work in process as of December 31, 2024 and 2023, respectively. The remaining work in process balances as of December 31, 2024 and 2023, primarily represent parts applied to open service orders. Rental depreciation expense for new and used equipment inventory under short-term leases with purchase options was $15.2 million, $12.4 million and $7.6 million for the years ended December 31, 2024, 2023 and 2022, respectively.

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration