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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2022
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregated Revenues

The following table summarizes the Company’s disaggregated revenues as presented in the Consolidated Statements of Operations for the three months ended March 31, 2022 and March 31, 2021, respectively, by revenue type, and by the applicable accounting standard.

 

 

 

Three Months Ended
March 31, 2022

 

 

Three Months Ended
March 31, 2021

 

 

 

ASC 842

 

 

ASC 606

 

 

Total

 

 

ASC 842

 

 

ASC 606

 

 

Total

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New and used equipment sales

 

$

 

 

$

151.6

 

 

$

151.6

 

 

$

 

 

$

123.8

 

 

$

123.8

 

Parts sales

 

 

 

 

 

53.4

 

 

 

53.4

 

 

 

 

 

 

41.4

 

 

 

41.4

 

Service revenue

 

 

 

 

 

48.2

 

 

 

48.2

 

 

 

 

 

 

38.7

 

 

 

38.7

 

Rental revenue

 

 

37.7

 

 

 

 

 

 

37.7

 

 

 

33.1

 

 

 

 

 

 

33.1

 

Rental equipment sales

 

 

 

 

 

40.8

 

 

 

40.8

 

 

 

 

 

 

31.8

 

 

 

31.8

 

Net revenue

 

$

37.7

 

 

$

294.0

 

 

$

331.7

 

 

$

33.1

 

 

$

235.7

 

 

$

268.8