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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 8,793 $ 14,360
Accounts receivable, net 156,305 193,106
Financing receivables, net 41,914 38,271
Inventory 888,755 596,724
Prepaid expenses and other 21,036 25,784
Total current assets 1,116,803 868,245
Property and equipment, net 136,567 121,956
Rental equipment, net 924,315 883,674
Goodwill 703,812 703,827
Intangible assets, net 284,146 304,132
Operating lease assets 36,920 29,434
Other assets 25,107 26,944
Total Assets 3,227,670 2,938,212
Current Liabilities    
Accounts payable 130,466 87,255
Accrued expenses 72,550 68,784
Deferred revenue and customer deposits 22,641 34,671
Floor plan payables - trade 194,929 136,634
Floor plan payables - non-trade 396,891 293,536
Operating lease liabilities - current 6,198 5,262
Current maturities of long-term debt 1,286 6,940
Current portion of finance lease obligations 0 1,796
Total current liabilities 824,961 634,878
Long-term debt, net 1,426,062 1,354,766
Finance leases 0 3,206
Operating lease liabilities - noncurrent 31,559 24,818
Deferred income taxes 31,091 29,086
Derivative, warrants and other liabilities 606 3,015
Total long-term liabilities 1,489,318 1,414,891
Stockholders' Equity    
Common stock — $0.0001 par value, 500,000,000 shares authorized, 249,538,314 and 248,311,104 shares issued and outstanding, at September 30, 2023 and December 31, 2022, respectively 25 25
Treasury stock, at cost — 5,630,643 and 2,241,069 shares at September 30, 2023 and December 31, 2022, respectively (37,256) (15,537)
Additional paid-in capital 1,533,823 1,521,487
Accumulated other comprehensive loss (9,206) (8,947)
Accumulated deficit (573,995) (608,585)
Total stockholders' equity 913,391 888,443
Total Liabilities and Stockholders' Equity $ 3,227,670 $ 2,938,212