|
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| ASSETS |
|
|
| Cash and cash equivalents |
$ 3,048 |
$ 3,739 |
| Receivables, net of allowance for doubtful accounts of $3,307 and $2,442 at March 31, 2015 and December 31, 2014, respectively |
79,004 |
81,031 |
| Inventories |
16,518 |
16,736 |
| Rental fleet, net |
1,019,663 |
1,087,056 |
| Property, plant and equipment, net |
116,735 |
113,175 |
| Deposits and prepaid expenses |
7,501 |
8,586 |
| Deferred financing costs, net and other assets |
8,173 |
8,858 |
| Intangibles, net |
76,965 |
78,385 |
| Goodwill |
703,337 |
705,608 |
| Total assets |
2,030,944 |
2,103,174 |
| Liabilities: |
|
|
| Accounts payable |
30,465 |
22,933 |
| Accrued liabilities |
64,590 |
63,727 |
| Lines of credit |
701,381 |
705,518 |
| Obligations under capital leases |
26,270 |
24,918 |
| Senior Notes |
200,000 |
200,000 |
| Deferred income taxes |
213,365 |
231,547 |
| Total liabilities |
1,236,071 |
1,248,643 |
| Commitments and contingencies |
|
|
| Stockholders' equity: |
|
|
| Preferred stock $.01 par value, 20,000 shares authorized, none issued |
|
|
| Common stock $.01 par value, 95,000 shares authorized, 49,087 issued and 45,835 outstanding at March 31, 2015 and 49,015 issued and 46,157 outstanding at December 31, 2014 |
491 |
490 |
| Additional paid-in capital |
572,364 |
569,083 |
| Retained earnings |
344,625 |
380,504 |
| Accumulated other comprehensive loss |
(41,647) |
(29,870) |
| Treasury stock, at cost, 3,252 and 2,858 shares at March 31, 2015 and December 31, 2014, respectively |
(80,960) |
(65,676) |
| Total stockholders' equity |
794,873 |
854,531 |
| Total liabilities and stockholders' equity |
$ 2,030,944 |
$ 2,103,174 |