Segments (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Summary of Financial Information by Segment

The Company’s segment results are presented in the tables below:

	Three Months Ended June 30,
	2022
(in $000s)	ERS		TES		APS		Total
Revenue:
Rental	$	108,109	$	—	$	3,946	$	112,055
Equipment sales	37,200		181,306		—		218,506
Parts and services	—		—		31,545		31,545
Total revenue	145,309		181,306		35,491		362,106
Cost of revenue:
Rentals/parts and services	27,851		—		23,578		51,429
Equipment sales	30,418		154,177		—		184,595
Depreciation of rental equipment	42,384		—		940		43,324
Total cost of revenue	100,653		154,177		24,518		279,348
Gross profit	$	44,656	$	27,129	$	10,973	$	82,758

	Three Months Ended June 30,
	2021
(in $000s)	ERS		TES		APS		Total
Revenue:
Rental	$	95,081	$	—	$	3,458	$	98,539
Equipment sales	32,555		215,120		—		247,675
Parts and services	—		—		28,897		28,897
Total revenue	127,636		215,120		32,355		375,111
Cost of revenue:
Rentals/parts and services	27,524		—		28,379		55,903
Equipment sales	34,529		194,810		—		229,339
Depreciation of rental equipment	42,192		—		987		43,179
Total cost of revenue	104,245		194,810		29,366		328,421
Gross profit	$	23,391	$	20,310	$	2,989	$	46,690

	Six Months Ended June 30,
	2022
(in $000s)	ERS		TES		APS		Total
Revenue:
Rental	$	213,670	$	—	$	7,530	$	221,200
Equipment sales	96,553		349,139		—		445,692
Parts and services	—		—		61,690		61,690
Total revenue	310,223		349,139		69,220		728,582
Cost of revenue:
Rentals/parts and services	52,642		—		48,528		101,170
Equipment sales	73,648		298,225		—		371,873
Depreciation of rental equipment	86,350		—		1,938		88,288
Total cost of revenue	212,640		298,225		50,466		561,331
Gross profit	$	97,583	$	50,914	$	18,754	$	167,251

	Six Months Ended June 30,
	2021
(in $000s)	ERS		TES		APS		Total
Revenue:
Rental	$	139,811	$	—	$	7,017	$	146,828
Equipment sales	43,040		222,622		—		265,662
Parts and services	—		—		40,920		40,920
Total revenue	182,851		222,622		47,937		453,410
Cost of revenue:
Rentals/parts and services	43,061		—		39,413		82,474
Equipment sales	41,269		201,735		—		243,004
Depreciation of rental equipment	59,077		—		1,946		61,023
Total cost of revenue	143,407		201,735		41,359		386,501
Gross profit	$	39,444	$	20,887	$	6,578	$	66,909

Reconciliation of Segment Gross Profit to Consolidated Loss Before Income Taxes

The following table presents a reconciliation of consolidated gross profit to consolidated loss before income taxes:

	Three Months Ended June 30,				Six Months Ended June 30,
(in $000s)	2022		2021		2022		2021
Gross Profit	$	82,758	$	46,690	$	167,251	$	66,909
Selling, general and administrative expenses	48,779		51,264		102,434		63,314
Amortization	6,871		13,332		20,206		14,086
Non-rental depreciation	2,317		951		5,364		972
Transaction expenses and other	6,046		24,575		10,694		35,023
Loss on extinguishment of debt	—		61,695		—		61,695
Interest expense, net	20,281		19,723		39,437		34,629
Financing and other expense (income)	(15,078)		(2,058)		(24,158)		3,799
Income (Loss) Before Income Taxes	$	13,542	$	(122,792)	$	13,274	$	(146,609)

Summary of Total Assets by Country

The following table presents total assets by country:

(in $000s)	June 30, 2022		December 31, 2021
Assets:
United States	$	2,713,447	$	2,653,058
Canada	100,968		30,708
	$	2,814,415	$	2,683,766