v3.25.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 5,259 $ 3,805
Accounts receivable, net 188,994 215,873
Financing receivables, net 7,834 8,913
Inventory 1,089,245 1,049,304
Prepaid expenses and other 39,583 23,557
Total current assets 1,330,915 1,301,452
Property and equipment, net 129,335 130,923
Rental equipment, net 1,055,115 1,001,651
Goodwill 705,233 704,806
Intangible assets, net 239,148 252,393
Operating lease assets 103,326 94,696
Other assets 13,852 16,046
Total Assets 3,576,924 3,501,967
Current Liabilities    
Accounts payable 128,613 88,487
Accrued expenses 87,839 69,349
Deferred revenue and customer deposits 21,474 26,250
Floor plan payables - trade 408,274 330,498
Floor plan payables - non-trade 381,917 470,830
Operating lease liabilities - current 8,409 7,445
Current maturities of long-term debt 23,114 7,842
Total current liabilities 1,059,640 1,000,701
Long-term debt, net 1,589,883 1,519,882
Operating lease liabilities - noncurrent 97,886 88,674
Deferred income taxes 39,388 31,401
Total long-term liabilities 1,727,157 1,639,957
Stockholders' Equity    
Common stock — $0.0001 par value, 500,000,000 shares authorized; 253,246,030 and 251,908,970 shares issued; and 226,559,586 and 233,794,319 shares outstanding, at June 30, 2025 and December 31, 2024, respectively 25 25
Treasury stock, at cost — 26,686,444 and 18,114,651 shares at June 30, 2025 and December 31, 2024, respectively (122,602) (88,229)
Additional paid-in capital 1,555,309 1,550,785
Accumulated other comprehensive loss (9,906) (14,744)
Accumulated deficit (632,699) (586,528)
Total stockholders' equity 790,127 861,309
Total Liabilities and Stockholders' Equity $ 3,576,924 $ 3,501,967