v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 84 $ 0
Trade accounts receivable, net of provision for credit losses 22,025 18,497
Inventory, net of allowance for obsolescence 29,110 20,647
Income taxes receivable and prepayments 445 14,056
Prepaid expenses and other 3,000 1,696
Assets held for sale 10,986 2,227
Total current assets 65,650 57,123
Long-term inventory, net of allowance for obsolescence 0 0
Rental equipment, net of accumulated depreciation 613,771 498,525
Property, Plant, and Equipment, after Accumulated Depreciation, Depletion, and Amortization 22,047 20,519
Goodwill 824 0
Intangible assets, net of accumulated amortization 1,139 0
Other assets 14,912 10,619
Total assets 718,343 586,786
Current Liabilities:    
Accounts payable 16,653 14,048
Accrued liabilities 15,980 10,462
Total current liabilities 32,633 24,510
Long-term debt 328,000 230,000
Deferred income taxes 56,777 52,530
Other long-term liabilities 6,447 5,030
Total liabilities 423,857 312,070
Commitments and contingencies (Note 12)
Stockholders’ Equity:    
Preferred stock, 5,000 shares authorized, no shares issued or outstanding 0 0
Common stock, 30,000 shares authorized, par value $0.01; 14,207 and 13,883 shares issued, respectively 142 138
Additional paid-in capital 133,289 120,811
Retained earnings 176,059 168,771
Treasury shares, at cost, 1,310 shares for each of the dates presented, respectively (15,004) (15,004)
Total stockholders’ equity 294,486 274,716
Total liabilities and stockholders’ equity $ 718,343 $ 586,786