v3.25.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash $ 7,256 $ 807
Accounts receivable, net of allowance for credit losses of $2,866 at September 30, 2025 and at December 31, 2024 241,346 219,342
Rental equipment, at cost:    
Relocatable modular buildings 1,456,049 1,414,367
Portable storage containers 243,386 240,846
Electronic test equipment 338,397 343,982
Rental equipment, gross 2,037,832 1,999,195
Less: accumulated depreciation (637,863) (611,536)
Rental equipment, net 1,399,969 1,387,659
Property, plant and equipment, net 224,881 197,439
Inventories 13,422 14,304
Prepaid expenses and other assets 82,362 80,477
Intangible assets, net 49,262 54,332
Goodwill 332,373 323,224
Total assets 2,350,871 2,277,584
Liabilities:    
Notes payable 551,800 590,208
Accounts payable 55,131 60,082
Accrued liabilities 113,920 113,961
Deferred income 130,767 109,836
Deferred income taxes, net 303,047 280,129
Total liabilities 1,154,665 1,154,216
Shareholders’ equity:    
Common stock, no par value - Authorized 40,000 shares Issued and outstanding - 24,612 shares as of September 30, 2025 and 24,551 shares as of December 31, 2024 118,648 116,253
Retained earnings 1,077,558 1,007,115
Total shareholders’ equity 1,196,206 1,123,368
Total liabilities and shareholders’ equity $ 2,350,871 $ 2,277,584

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