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Segments (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule of Company’s Segment Results
The Company’s segment results are presented in the tables below:
Three Months Ended March 31,
2023
(in $000s)ERSTESAPSTotal
Revenue:
Rental$113,784 $— $4,504 $118,288 
Equipment sales92,136 209,154 — 301,290 
Parts and services— — 32,585 32,585 
Total revenue205,920 209,154 37,089 452,163 
Cost of revenue:
Rentals/parts and services29,060 — 26,987 56,047 
Equipment sales71,081 175,044 — 246,125 
Depreciation of rental equipment39,512 — 818 40,330 
Total cost of revenue139,653 175,044 27,805 342,502 
Gross profit$66,267 $34,110 $9,284 $109,661 
Three Months Ended March 31,
2022
(in $000s)ERSTESAPSTotal
Revenue:
Rental$105,561 $— $3,584 $109,145 
Equipment sales59,353 167,833 — 227,186 
Parts and services— — 30,145 30,145 
Total revenue164,914 167,833 33,729 366,476 
Cost of revenue:
Rentals/parts and services24,791 — 24,950 49,741 
Equipment sales43,230 144,048 — 187,278 
Depreciation of rental equipment43,966 — 998 44,964 
Total cost of revenue111,987 144,048 25,948 281,983 
Gross profit$52,927 $23,785 $7,781 $84,493 
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 income (loss) before income taxes:
Three Months Ended March 31,
(in $000s)20232022
Gross Profit$109,661 $84,493 
Selling, general and administrative expenses56,991 53,655 
Amortization6,672 13,335 
Non-rental depreciation2,650 3,047 
Transaction expenses and other3,460 4,648 
Interest expense, net29,176 19,156 
Financing and other expense (income)(3,951)(9,080)
Income (Loss) Before Income Taxes$14,663 $(268)
Schedule of Total Assets by Country
The following table presents total assets by country:
(in $000s)March 31, 2023December 31, 2022
Assets:
United States$2,950,122 $2,830,958 
Canada119,261 107,254 
$3,069,383 $2,938,212