v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 475.5 $ 481.2 $ 886.0 $ 904.2
Cost of revenues:        
Total cost of revenues 351.3 358.9 652.5 666.9
Gross profit 124.2 122.3 233.5 237.3
Selling, general and administrative expenses 105.6 102.3 213.8 209.0
Non-rental depreciation and amortization 6.6 7.6 13.4 15.1
Total operating expenses 112.2 109.9 227.2 224.1
Income from operations 12.0 12.4 6.3 13.2
Other (expense) income:        
Interest expense, floor plan payable – new equipment (1.6) (2.9) (3.6) (6.1)
Interest expense – other (17.9) (19.4) (35.4) (38.1)
Other income 0.3 0.8 2.0 1.7
(Loss) gain on divestitures (0.7) 4.3 (0.5) 4.3
Total other expense, net (19.9) (17.2) (37.5) (38.2)
Loss before taxes (7.9) (4.8) (31.2) (25.0)
Income tax (benefit) expense (0.4) 1.3 (4.2) 2.0
Net loss (7.5) (6.1) (27.0) (27.0)
Preferred stock dividends (0.7) (0.7) (1.5) (1.5)
Net loss available to common stockholders $ (8.2) $ (6.8) $ (28.5) $ (28.5)
Basic loss per share $ (0.25) $ (0.21) $ (0.87) $ (0.87)
Diluted loss per share $ (0.25) $ (0.21) $ (0.87) $ (0.87)
Basic weighted average common shares outstanding 32,785,288 33,002,869 32,701,873 32,903,008
Diluted weighted average common shares outstanding 32,785,288 33,002,869 32,701,873 32,903,008
New and Used Equipment Sales        
Revenues:        
Total revenues $ 262.1 $ 265.6 $ 469.0 $ 487.3
Cost of revenues:        
Total cost of revenues 221.9 228.5 397.6 416.6
Parts Sales        
Revenues:        
Total revenues 75.6 75.6 146.8 147.6
Cost of revenues:        
Total cost of revenues 50.6 50.7 98.2 98.3
Service Revenues        
Revenues:        
Total revenues 63.8 64.9 127.4 131.0
Cost of revenues:        
Total cost of revenues 24.6 26.1 49.9 52.5
Rental Revenues        
Revenues:        
Total revenues 44.9 46.3 83.5 88.6
Cost of revenues:        
Total cost of revenues 4.0 5.2 8.0 10.2
Rental Equipment Sales        
Revenues:        
Total revenues 29.1 28.8 59.3 49.7
Cost of revenues:        
Total cost of revenues 23.0 21.4 48.1 37.4
Rental Depreciation        
Cost of revenues:        
Total cost of revenues $ 27.2 $ 27.0 $ 50.7 $ 51.9