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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING ACTIVITIES    
Net loss $ (1.2) $ (5.7)
Adjustments to reconcile net loss to net cash flows provided by (used in) operating activities:    
Depreciation and amortization 24.2 21.4
Amortization of debt discount and debt issuance costs 0.3 0.5
Imputed interest 0.1 0.1
Gain on sale of rental equipment (6.8) (4.9)
Inventory obsolescence 1.1 0.2
Provision for bad debt 1.2 0.6
Share based compensation 0.3 0.3
Changes in deferred taxes   0.5
Changes in:    
Accounts receivable (7.8) (5.9)
Inventories (82.6) (33.4)
Proceeds from sale of rental equipment 40.8 31.8
Prepaid expenses and other assets 1.7 0.5
Proceeds from floor plans with manufacturers 127.1 84.8
Payments under floor plans with manufacturers (105.4) (86.9)
Accounts payable, accrued expenses, customer deposits, and other current liabilities 0.2 (3.8)
Leases, deferred revenue and other liabilities 0.1 0.5
Net cash (used in) provided by operating activities (6.7) 0.6
INVESTING ACTIVITIES    
Proceeds from the sale of assets 0.1 0.7
Expenditures for rental equipment (15.1) (6.2)
Expenditures for property and equipment (1.8) (1.5)
Expenditures for guaranteed purchase obligations (0.6) (0.9)
Expenditures for acquisitions, net of cash acquired (1.2) (1.9)
Net cash used in investing activities (18.6) (9.8)
FINANCING ACTIVITIES    
Proceeds from lines of credit 86.3 73.5
Payments under lines of credit (70.9) (61.7)
Proceeds from floor plans with unaffiliated source 30.2 24.2
Payments under floor plans with unaffiliated source (19.5) (25.3)
Preferred dividends paid (0.8)  
Payments on long-term debt   (1.9)
Payments on finance lease obligations (0.7) (0.2)
Net cash provided by financing activities 24.6 8.6
NET CHANGE IN CASH (0.7) (0.6)
Cash, Beginning of year 2.3 1.2
Cash, End of period 1.6 0.6
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest $ 1.3 $ 5.3