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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,787 $ 12,194
Accounts receivable, less allowance for doubtful accounts of $989 and $39, respectively 48,483 57,106
Prepaid expenses and other assets 4,649 3,965
Related party receivable 876  
Notes due from affiliates   638
Notes due from officers   1,083
Total current assets 60,795 74,986
Restricted cash 52 257
Specialty rental assets, net 353,695 293,559
Other property, plant and equipment, net 11,541 18,882
Goodwill 41,038 34,180
Other intangible assets, net 117,866 127,383
Deferred tax asset 6,427 12,420
Deferred financing costs revolver, net 4,688 2,865
Notes due from officers   500
Other non-current assets 4,690  
Total assets 600,792 565,032
Current liabilities:    
Accounts payable 7,793 21,597
Accrued liabilities 35,330 23,300
Deferred revenue and customer deposits 16,809 17,805
Current portion of capital lease and other financing obligations (Note 11) 989 2,446
Total current liabilities 60,921 65,148
Long-term debt (Note 11):    
Principal amount 340,000  
Less: unamortized original issue discount (2,876)  
Less: unamortized term loan deferred financing costs (13,866)  
Long-term debt, net 421,985  
Long-term capital lease and other financing obligations (Note 11) 996 14
Note due to affiliates   108,047
Deferred revenue and customer deposits 9,390 19,571
Asset retirement obligations 2,825 2,610
Other non-current liabilities   101
Total liabilities 477,390 216,041
Commitments and contingencies (Note 17)
Stockholders' equity:    
Common stock, $0.0001 par, 380,000,000 authorized, 105,254,929 issued and 100,840,162 outstanding as of December 31, 2019 and 74,786,327 issued and outstanding as of December 31, 2018. 10 7
Common stock held in treasury at cost, 4,414,767 and 0 shares as of December 31, 2019 and December 31, 2018, respectively. (23,559)  
Additional paid-in-capital 111,794 319,968
Accumulated other comprehensive loss (2,558) (2,463)
Accumulated earnings 37,715 31,479
Total stockholders' equity 123,402 348,991
Total liabilities and stockholders' equity 600,792 565,032
Senior Secured Notes 2024    
Long-term debt (Note 11):    
Principal amount 340,000  
Less: unamortized original issue discount (2,876)  
Less: unamortized term loan deferred financing costs (13,866)  
Long-term debt, net 323,258  
New ABL Facility    
Long-term debt (Note 11):    
Less: unamortized term loan deferred financing costs (4,100)  
Long-term debt, net 80,000 20,550
Revolving credit facility (Note 11) $ 80,000 $ 20,550