v3.26.3
Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
|
| Revenues | ||||
| Rental | $ 139,057 | $ 128,488 | $ 397,598 | $ 374,586 |
| Rental related services | 50,418 | 49,622 | 126,608 | 121,021 |
| Rental operations | 189,475 | 178,110 | 524,206 | 495,607 |
| Total revenues | 274,606 | 256,443 | 694,260 | 687,475 |
| Direct costs of rental operations: | ||||
| Depreciation of rental equipment | 24,534 | 21,868 | 70,477 | 64,799 |
| Rental related services | 36,229 | 35,422 | 89,722 | 85,212 |
| Other | 34,931 | 32,308 | 101,537 | 91,479 |
| Total direct costs of rental operations | 95,694 | 89,598 | 261,736 | 241,490 |
| Costs of sales | 48,038 | 47,588 | 96,853 | 119,578 |
| Total costs of revenues | 143,732 | 137,186 | 358,589 | 361,068 |
| Gross profit | 130,874 | 119,257 | 335,671 | 326,407 |
| Expenses: | ||||
| Selling and administrative expenses | 56,935 | 52,540 | 166,859 | 156,952 |
| Other income, net | 0 | (1,814) | ||
| Income (loss) from operations | 73,939 | 66,717 | 170,626 | 169,455 |
| Interest expense | 7,965 | 8,177 | 21,578 | 24,130 |
| Foreign currency exchange loss (gain) | 6 | 32 | 77 | (54) |
| Income before provision for income taxes | 65,968 | 58,508 | 148,971 | 145,379 |
| Provision for income taxes | 17,165 | 16,211 | 39,463 | 38,900 |
| Net income | $ 48,803 | $ 42,297 | $ 109,508 | $ 106,479 |
| Earnings per share: | ||||
| Basic | $ 2 | $ 1.72 | $ 4.47 | $ 4.33 |
| Diluted | $ 2 | $ 1.72 | $ 4.46 | $ 4.32 |
| Shares used in per share calculation: | ||||
| Basic | 24,413 | 24,612 | 24,502 | 24,598 |
| Diluted | 24,451 | 24,644 | 24,536 | 24,628 |
| Cash dividends declared per share | $ 0.495 | $ 0.485 | $ 1.485 | $ 1.455 |
| Sales [Member] | ||||
| Revenues | ||||
| Revenues | $ 82,898 | $ 76,058 | $ 163,288 | $ 184,759 |
| Other [Member] | ||||
| Revenues | ||||
| Revenues | $ 2,233 | $ 2,275 | $ 6,766 | $ 7,109 |
| X | ||||||||||
- Definition Total costs related to services rendered in conjunction with rental operations by an entity during the reporting period. No definition available.
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- Definition Direct costs of rental operations. No definition available.
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- Definition Operating lease, lease and related services income. No definition available.
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| X | ||||||||||
- Definition Operating leases income statement lease related services revenue. No definition available.
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| X | ||||||||||
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of expense for allocation of cost of tangible asset over its useful life directly used in production of good and rendering of service. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount, before tax, of realized and unrealized gain (loss) from foreign currency transaction. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of operating lease income from lease payments paid and payable to lessor. Excludes variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Other costs incurred during the reporting period related to other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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| X | ||||||||||
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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