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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue        
Total Revenue $ 69,260 $ 62,442 $ 219,484 $ 186,789
Cost of Revenue        
Cost of rental revenue 34,162 23,484 106,833 73,159
Depreciation of rental equipment 19,467 17,694 59,275 51,369
Total cost of revenue 53,629 41,178 166,108 124,528
Gross Profit 15,631 21,264 53,376 62,261
Operating Expenses        
Selling, general and administrative expenses 8,633 9,824 31,269 24,708
Licensing and titling expenses 686 690 2,243 1,926
Amortization and non-rental depreciation 792 745 2,308 2,264
Transaction expenses 110 3,325 1,073 7,394
Asset impairment 0 657 0 657
Other operating expenses 451 434 2,209 1,213
Total Operating Expenses 10,672 15,675 39,102 38,162
Operating Income 4,959 5,589 14,274 24,099
Other Expense        
Loss on extinguishment of debt 0 4,005 0 4,005
Interest expense, net 15,853 16,533 47,816 46,376
Other (income) expense, net (559) 2,567 6,245 2,545
Total other expense 15,294 23,105 54,061 52,926
Loss Before Income Taxes (10,335) (17,516) (39,787) (28,827)
Income Tax Expense (Benefit) (25,508) 494 (25,841) 1,330
Net Income (Loss) $ 15,173 $ (18,010) $ (13,946) $ (30,157)
Basic Earnings        
Basic Earnings (Loss) Per Share (USD per share) $ 0.31 $ (0.45) $ (0.28) $ (1.09)
Weighted-Average-Common Shares Outstanding (in shares) 49,033,903 39,909,481 49,033,903 27,743,586
Diluted Earnings        
Diluted Earnings (Loss) Per Share (USD per share) $ 0.31 $ (0.45) $ (0.28) $ (1.09)
Weighted-Average-Common Shares Outstanding (in shares) 49,307,811 39,909,481 49,033,903 27,743,586
Revenue        
Revenue        
Total Revenue $ 46,125 $ 50,103 $ 144,103 $ 143,871
Cost of Revenue        
Cost of rental revenue 13,096 13,545 41,193 37,445
Rental Equipment        
Revenue        
Total Revenue 5,510 3,436 19,585 15,167
Cost of Revenue        
Cost of rental revenue 5,190 2,847 16,454 12,653
New Equipment        
Revenue        
Total Revenue 6,048 1,246 19,043 8,076
Cost of Revenue        
Cost of rental revenue 5,410 1,116 16,841 6,618
Parts sales and services        
Revenue        
Total Revenue 11,577 7,657 36,753 19,675
Cost of Revenue        
Cost of rental revenue 10,255 5,600 30,839 14,921
Major repair disposals        
Cost of Revenue        
Cost of rental revenue $ 211 $ 376 $ 1,506 $ 1,522