XML 27 R18.htm IDEA: XBRL DOCUMENT v3.22.2
Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Summary of Revenues by Type and by Applicable Accounting Standard

In the table below, revenues as presented in our condensed consolidated statements of income for the three and six months ended June 30, 2022 and 2021 are summarized by type and by the applicable accounting standard.

 

 

 

Three Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owned equipment rentals

 

$

193,704

 

 

$

77

 

 

$

193,781

 

 

$

147,894

 

 

$

111

 

 

$

148,005

 

Re-rent revenue

 

 

7,462

 

 

 

 

 

 

7,462

 

 

 

9,206

 

 

 

 

 

 

9,206

 

Ancillary and other rental revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delivery and pick-up

 

 

 

 

 

13,899

 

 

 

13,899

 

 

 

 

 

 

9,749

 

 

 

9,749

 

Other

 

 

12,435

 

 

 

 

 

 

12,435

 

 

 

8,651

 

 

 

 

 

 

8,651

 

Total ancillary rental revenues

 

 

12,435

 

 

 

13,899

 

 

 

26,334

 

 

 

8,651

 

 

 

9,749

 

 

 

18,400

 

Total equipment rental revenues

 

 

213,601

 

 

 

13,976

 

 

 

227,577

 

 

 

165,751

 

 

 

9,860

 

 

 

175,611

 

Used equipment sales

 

 

 

 

 

18,833

 

 

 

18,833

 

 

 

 

 

 

35,821

 

 

 

35,821

 

New equipment sales

 

 

 

 

 

21,486

 

 

 

21,486

 

 

 

 

 

 

27,633

 

 

 

27,633

 

Parts sales

 

 

 

 

 

16,172

 

 

 

16,172

 

 

 

 

 

 

16,880

 

 

 

16,880

 

Service revenues

 

 

 

 

 

8,889

 

 

 

8,889

 

 

 

 

 

 

8,059

 

 

 

8,059

 

Other

 

 

 

 

 

1,714

 

 

 

1,714

 

 

 

 

 

 

1,673

 

 

 

1,673

 

Total revenues

 

$

213,601

 

 

$

81,070

 

 

$

294,671

 

 

$

165,751

 

 

$

99,926

 

 

$

265,677

 

 

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owned equipment rentals

 

$

364,433

 

 

$

186

 

 

$

364,619

 

 

$

277,359

 

 

$

163

 

 

$

277,522

 

Re-rent revenue

 

 

13,806

 

 

 

 

 

 

13,806

 

 

 

16,835

 

 

 

 

 

 

16,835

 

Ancillary and other rental revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delivery and pick-up

 

 

 

 

 

24,999

 

 

 

24,999

 

 

 

 

 

 

17,935

 

 

 

17,935

 

Other

 

 

23,378

 

 

 

 

 

 

23,378

 

 

 

16,538

 

 

 

 

 

 

16,538

 

Total ancillary rental revenues

 

 

23,378

 

 

 

24,999

 

 

 

48,377

 

 

 

16,538

 

 

 

17,935

 

 

 

34,473

 

Total equipment rental revenues

 

 

401,617

 

 

 

25,185

 

 

 

426,802

 

 

 

310,732

 

 

 

18,098

 

 

 

328,830

 

Used equipment sales

 

 

 

 

 

40,359

 

 

 

40,359

 

 

 

 

 

 

74,675

 

 

 

74,675

 

New equipment sales

 

 

 

 

 

47,522

 

 

 

47,522

 

 

 

 

 

 

50,806

 

 

 

50,806

 

Parts sales

 

 

 

 

 

32,231

 

 

 

32,231

 

 

 

 

 

 

32,436

 

 

 

32,436

 

Service revenues

 

 

 

 

 

17,023

 

 

 

17,023

 

 

 

 

 

 

16,070

 

 

 

16,070

 

Other

 

 

 

 

 

3,184

 

 

 

3,184

 

 

 

 

 

 

3,292

 

 

 

3,292

 

Total revenues

 

$

401,617

 

 

$

165,504

 

 

$

567,121

 

 

$

310,732

 

 

$

195,377

 

 

$

506,109