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Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2025

Dec. 31, 2024

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table


Fiscal Year	Summary Compensation Table Total for PEO(1)		Compensation Actually Paid to PEO(1)(2)		Average Summary Compensation Table Total for non-PEO NEOs(1)		Average Compensation Actually Paid to non-PEO NEOs(1)(2)		Value of Initial Fixed $100 Investment Based on:				Net Income(4) ($ millions)		Adjusted EBITDA(5) ($ millions)
									Total Shareholder Return		Peer Group Total Shareholder Return(3)
(a)	(b)		(c)		(d)		(e)		(f)		(g)		(h)		(i)

2025	$	7,310,991	$	(6,059,972)	$	2,998,448	$	(374,142)	$	82	$	201	$	(53)	$	971


2024	$	7,194,436	$	(14,062,706)	$	2,181,904	$	(2,070,640)	$	144	$	199	$	28	$	1,063


2023	$	8,391,649	$	4,663,073	$	2,472,306	$	1,619,850	$	192	$	168	$	476	$	1,061


2022	$	8,594,799	$	20,813,067	$	2,444,495	$	4,501,198	$	195	$	132	$	340	$	970


2021	$	17,660,600	$	47,137,307	$	4,713,101	$	8,546,475	$	176	$	146	$	160	$	740

Company Selected Measure Name

Adjusted EBITDA

Named Executive Officers, Footnote

The Company's principal executive officer ("PEO") for 2021-2025 is Mr. Soultz. The non-PEO NEOs reflected in columns (d) and (e) include the following individuals: Mr. Boswell (2021-2025), Mr. Lopez (2021-2025), Mr. Jacobsen (2025), Sally J. Shanks (2021-2025), Graeme Parkes (2022-2024), Ms. Gorcyca (2023-2025), Christopher J. Miner (2020-2022), and Kelly Williams (2020-2021).

Peer Group Issuers, Footnote

The Peer Group for which Total Shareholder Return is provided in column (g) for each listed fiscal year consists of the constituent companies in the S&P MidCap 400 Index listed as our compensation benchmarking peer group in the Compensation Discussion & Analysis for fiscal year 2025.

PEO Total Compensation Amount

$ 7,310,991

$ 7,194,436

$ 8,391,649

$ 8,594,799

$ 17,660,600

PEO Actually Paid Compensation Amount

$ (6,059,972)

(14,062,706)

4,663,073

20,813,067

47,137,307

Adjustment To PEO Compensation, Footnote

The following amounts were deducted from or added to total compensation in the Summary Compensation Table ("SCT") in accordance with the SEC-mandated adjustments to calculate CAP to our PEO and average CAP to our non-PEO NEOs. The fair value of equity awards was determined using methodologies and assumptions developed in a manner substantively consistent with those used to determine the grant date fair value of such awards.

PEO SCT Total to CAP Reconciliation



Fiscal Year	2021		2022		2023		2024		2025


SCT Total	$	17,660,600	$	8,594,799	$	8,391,649	$	7,194,436	$	7,310,991

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year	$	0	$	0	$	0	$	0	$	0

+ Service Cost of Pension in Fiscal Year	$	0	$	0	$	0	$	0	$	0


+ Prior Service Cost of Pension in Fiscal Year	$	0	$	0	$	0	$	0	$	0

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year	$	(14,635,168)	$	(5,103,737)	$	(5,665,871)	$	(5,659,553)	$	(5,293,974)

+ Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year	$	30,020,871	$	8,174,053	$	4,131,113	$	2,440,813	$	0

+ Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years	$	13,368,813	$	10,303,770	$	(3,668,762)	$	(18,670,417)	$	0


+ Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year	$	0	$	0	$	0	$	0	$	1,396,301
+ Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year	$	722,191	$	(1,155,818)	$	1,474,944	$	632,015	$	(9,638,581)
- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year	$	0	$	0	$	0	$	0	$	0

+ Dividends Accrued During Fiscal Year	$	0	$	0	$	0	$	0	$	165,291


Compensation Actually Paid	$	47,137,307	$	20,813,067	$	4,663,073	$	(14,062,706)	$	(6,059,972)

Non-PEO NEO Average Total Compensation Amount

$ 2,998,448

2,181,904

2,472,306

2,444,495

4,713,101

Non-PEO NEO Average Compensation Actually Paid Amount

$ (374,142)

(2,070,640)

1,619,850

4,501,198

8,546,475

Adjustment to Non-PEO NEO Compensation Footnote

Non-PEO NEO Average SCT Total to Average CAP Reconciliation



Fiscal Year	2021		2022	2023		2024		2025


Average SCT Total	$	4,713,101		$	2,444,495	$	2,472,306	$	2,181,904	$	2,998,448

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year	$	0		$	0	$	0	$	0	$	0

+ Service Cost of Pension in Fiscal Year	$	0		$	0	$	0	$	0	$	0


+ Prior Service Cost of Pension in Fiscal Year	$	0		$	0	$	0	$	0	$	0

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year	$	(3,314,083)		$	(1,356,246)	$	(1,491,647)	$	(1,400,172)	$	(1,978,496)

+ Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year	$	5,205,205		$	1,831,987	$	1,066,149	$	516,254	$	637,909

+ Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years	$	1,491,613		$	1,623,529	$	(633,986)	$	(3,313,983)	$	(2,111,281)


+ Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year	$	147,770		$	208,160	$	0	$	9,018	$	0
+ Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year	$	302,869		$	(250,726)	$	207,028	$	184,204	$	38,088
- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year	$	0		$	0	$	0	$	(247,865)	$	0

+ Dividends Accrued During Fiscal Year	$	0		$	0	$	0	$	0	$	41,190


Average Compensation Actually Paid	$	8,546,475		$	4,501,198	$	1,619,850	$	(2,070,640)	$	(374,142)

(i)Certain of Mr. Williams’ equity awards were modified in February 2021 as part of his Separation and Release Agreement, consistent with his employment agreement. The rules prescribed by the SEC do not specify how CAP should reflect the incremental fair value expense recorded in connection with the modification and reported in the “Stock Awards” column. As CAP is meant to track the value of an equity award over the course of its vesting period, we are not adding any additional fair value when calculating the “Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year” as we believe this methodology best reflects the value of the award to Mr. Williams.

Compensation Actually Paid vs. Total Shareholder Return

The chart below illustrates the relationship between the PEO and average Non-PEO CAP amounts and the Company’s and peer group’s TSR during the period 2021-2025.

Initial $100 investment on 12/31/2020

Compensation Actually Paid vs. Net Income

The charts below illustrate the relationship between the PEO and Non-PEO CAP amounts and the Company’s Net Income (Loss) and Adjusted EBITDA during the period 2021-2025.

(1)In 2025, the Company generated $53 million of net loss, which included $301.9 million of restructuring costs related to our Network Optimization Plan, consisting of accelerated depreciation of rental equipment, and $41.0 million of accelerated depreciation expense to implement the Company's real estate exit initiatives prior to the approval of the Network Optimization Plan. Excluding these costs and other relevant expenses, the Company generated $219 million of Adjusted Net Income in 2025, which is a non-GAAP financial measure. Reconciliations to comparable GAAP measures can be found in Appendix B.

Compensation Actually Paid vs. Company Selected Measure

The charts below illustrate the relationship between the PEO and Non-PEO CAP amounts and the Company’s Net Income (Loss) and Adjusted EBITDA during the period 2021-2025.

Total Shareholder Return Vs Peer Group

The chart below illustrates the relationship between the PEO and average Non-PEO CAP amounts and the Company’s and peer group’s TSR during the period 2021-2025.

Initial $100 investment on 12/31/2020

Tabular List, Table


Most Important Financial Measures

•Adjusted EBITDA

•Lease Revenue

•Relative TSR

•Stock Price

Total Shareholder Return Amount

$ 82

144

192

195

176

Peer Group Total Shareholder Return Amount

201

199

168

132

146

Net Income (Loss)

$ (53,000,000)

$ 28,000,000

$ 476,000,000

$ 340,000,000

$ 160,000,000

Company Selected Measure Amount

971,000,000

1,063,000,000

1,061,000,000

970,000,000

740,000,000

PEO Name

Mr. Soultz.

Additional 402(v) Disclosure

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, the following information has been provided about the relationship between compensation actually paid to our NEOs and certain financial performance metrics of the Company using a methodology that has been prescribed by the SEC.

As discussed in the Compensation Discussion and Analysis, the Compensation Committee's pay-for-performance philosophy aligns the Company's executive officers’ compensation with the Company's short-term and long-term objectives as well as emphasizes stockholder value creation. While the Compensation Committee did not use the information provided below to determine compensation for our NEOs for 2025, the results are aligned with this philosophy. In 2025, Adjusted EBITDA and share price declined compared to 2023 and 2024, resulting in a significant loss of value for our executives as illustrated by the negative Compensation Actually Paid ("CAP") figures. CAP has been determined under the SEC-defined methodology, and the figures below do not represent compensation actually realized. However, for equity-

based compensation, in addition to equity that has vested in the applicable year, CAP includes the change in fair value for unvested awards. Importantly, these unvested award values have not actually been earned or realized by the executives.

In 2025, the Company generated $53 million of net loss, which included $301.9 million of restructuring costs related to our Network Optimization Plan, consisting of accelerated depreciation of rental equipment, and $41.0 million of accelerated depreciation expense to implement the Company's real estate exit initiatives prior to the approval of the Network Optimization Plan. Excluding these costs and other relevant expenses, the Company generated $219 million of Adjusted Net Income in 2025, which is a non-GAAP financial measure. Reconciliations to comparable GAAP measures can be found in Appendix B.

Measure:: 1

Pay vs Performance Disclosure

Name

Adjusted EBITDA

Non-GAAP Measure Description

Adjusted EBITDA is a non-GAAP financial measure. Reconciliations to comparable GAAP measures can be found in Appendix B.

Measure:: 2

Pay vs Performance Disclosure

Name

Lease Revenue

Measure:: 3

Pay vs Performance Disclosure