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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash $ 2.7 $ 2.3
Accounts receivable, net 232.8 182.7
Inventories, net 399.7 239.2
Prepaid expenses and other current assets 28.1 24.4
Total current assets 663.3 448.6
Property and equipment, net 377.8 344.5
Operating lease right-of-use assets, net 113.6 102.6
OTHER ASSETS    
Goodwill 69.2 41.9
Other intangible assets, net 60.7 43.4
Other assets 6.0 1.6
Total other assets 135.9 86.9
TOTAL ASSETS 1,290.6 982.6
CURRENT LIABILITIES    
Current portion of long-term debt 4.2 2.6
Accounts payable 90.8 73.5
Customer deposits 27.9 16.7
Accrued expenses 55.1 39.3
Current operating lease liabilities 14.8 16.2
Current deferred revenue 14.1 15.2
Other current liabilities 7.5 3.9
Total current liabilities 471.2 322.2
LONG-TERM LIABILITIES    
Lines of credit, net 217.5 98.4
Long-term debt, net of current portion 311.2 310.0
Finance lease obligations, net of current portion 15.4 9.0
Deferred revenue, net of current portion 4.9 4.2
Guaranteed purchase obligations, net of current portion 4.7 5.2
Long-term operating lease liabilities, net of current portion 101.9 88.4
Deferred tax liability 6.4 6.9
Other liabilities 17.6 3.6
TOTAL LIABILITIES 1,150.8 847.9
CONTINGENCIES - NOTE 13
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, 1,200,000 Depositary Shares representing a 1/1000th fractional interest in a share of 10% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share, issued and outstanding at December 31, 2022 and December 31, 2021, respectively
Common stock, $0.0001 par value, 200,000,000 shares authorized; 32,194,243 and 32,363,376 issued and outstanding at December 31,2022 and December 31,2021, respectively
Additional paid-in capital 222.8 217.4
Treasury stock at cost, 862,182 and 390,000 shares of common stock held at December 31, 2022 and December 31, 2021, respectively (5.9) (5.9)
Accumulated deficit (74.2) (76.8)
Accumulated other comprehensive income (loss) (2.9)  
TOTAL STOCKHOLDERS’ EQUITY 139.8 134.7
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 1,290.6 982.6
New Equipment    
CURRENT LIABILITIES    
Floor plan payable 211.5 114.2
Used and Rental Equipment    
CURRENT LIABILITIES    
Floor plan payable $ 45.3 $ 40.6