v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash $ 295 $ 807
Accounts receivable, net of allowance for credit losses of $2,866 at December 31, 2025 and 2024 231,865 219,342
Rental equipment, at cost:    
Relocatable modular buildings 1,485,794 1,414,367
Portable storage containers 245,141 240,846
Electronic test equipment 337,100 343,982
Rental equipment, gross 2,068,035 1,999,195
Less: accumulated depreciation (647,137) (611,536)
Rental equipment, net 1,420,898 1,387,659
Property, plant and equipment, net 233,492 197,439
Inventories 8,027 14,304
Prepaid expenses and other assets 83,351 80,477
Intangible assets, net 46,605 54,332
Goodwill 332,584 323,224
Total assets 2,357,117 2,277,584
Liabilities:    
Notes payable 514,924 590,208
Accounts payable 66,233 60,082
Accrued liabilities 114,764 113,961
Deferred income 110,593 109,836
Deferred income taxes, net 313,580 280,129
Total liabilities 1,120,094 1,154,216
Commitments and contingencies (Note 12)
Shareholders’ equity:    
Common stock, no par value - Authorized 40,000 shares Issued and outstanding - 24,612 shares as of December 31, 2025 and 24,551 shares as of December 31, 2024 121,785 116,253
Retained earnings 1,115,238 1,007,115
Total shareholders’ equity 1,237,023 1,123,368
Total liabilities and shareholders’ equity $ 2,357,117 $ 2,277,584

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