Segments (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Company’s Segment Results

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

	Three Months Ended September 30,
	2022
(in $000s)	ERS		TES		APS		Total
Revenue:
Rental	$	112,009	$	—	$	3,001	$	115,010
Equipment sales	37,121		173,782		—		210,903
Parts and services	—		—		31,867		31,867
Total revenue	149,130		173,782		34,868		357,780
Cost of revenue:
Rentals/parts and services	27,221		—		26,187		53,408
Equipment sales	27,015		146,573		—		173,588
Depreciation of rental equipment	41,776		—		836		42,612
Total cost of revenue	96,012		146,573		27,023		269,608
Gross profit	$	53,118	$	27,209	$	7,845	$	88,172

	Three Months Ended September 30,
	2021
(in $000s)	ERS		TES		APS		Total
Revenue:
Rental	$	105,124	$	—	$	3,984	$	109,108
Equipment sales	27,101		190,062		—		217,163
Parts and services	—		—		31,034		31,034
Total revenue	132,225		190,062		35,018		357,305
Cost of revenue:
Rentals/parts and services	24,622		—		25,287		49,909
Equipment sales	19,546		172,445		—		191,991
Depreciation of rental equipment	49,125		—		1,028		50,153
Total cost of revenue	93,293		172,445		26,315		292,053
Gross profit	$	38,932	$	17,617	$	8,703	$	65,252

	Nine Months Ended September 30,
	2022
(in $000s)	ERS		TES		APS		Total
Revenue:
Rental	$	325,679	$	—	$	10,531	$	336,210
Equipment sales	133,674		522,921		—		656,595
Parts and services	—		—		93,557		93,557
Total revenue	459,353		522,921		104,088		1,086,362
Cost of revenue:
Rentals/parts and services	79,863		—		74,715		154,578
Equipment sales	100,663		444,798		—		545,461
Depreciation of rental equipment	128,126		—		2,774		130,900
Total cost of revenue	308,652		444,798		77,489		830,939
Gross profit	$	150,701	$	78,123	$	26,599	$	255,423

	Nine Months Ended September 30,
	2021
(in $000s)	ERS		TES		APS		Total
Revenue:
Rental	$	244,935	$	—	$	11,001	$	255,936
Equipment sales	70,141		412,684		—		482,825
Parts and services	—		—		71,954		71,954
Total revenue	315,076		412,684		82,955		810,715
Cost of revenue:
Rentals/parts and services	67,683		—		64,700		132,383
Equipment sales	60,815		374,180		—		434,995
Depreciation of rental equipment	108,202		—		2,974		111,176
Total cost of revenue	236,700		374,180		67,674		678,554
Gross profit	$	78,376	$	38,504	$	15,281	$	132,161

Schedule of 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 September 30,				Nine Months Ended September 30,
(in $000s)	2022		2021		2022		2021
Gross Profit	$	88,172	$	65,252	$	255,423	$	132,161
Selling, general and administrative expenses	49,835		48,625		152,269		111,939
Amortization	6,794		13,334		27,000		27,420
Non-rental depreciation	1,938		873		7,302		1,845
Transaction expenses and other	6,498		7,742		17,192		42,765
Loss on extinguishment of debt	—		—		—		61,695
Interest expense, net	22,887		19,045		62,324		53,674
Financing and other expense (income)	(1,747)		(3,656)		(25,905)		143
Income (Loss) Before Income Taxes	$	1,967	$	(20,711)	$	15,241	$	(167,320)

Schedule of Total Assets by Country

The following table presents total assets by country:

(in $000s)	September 30, 2022		December 31, 2021
Assets:
United States	$	2,753,347	$	2,653,058
Canada	100,287		30,708
	$	2,853,634	$	2,683,766