Property and Equipment and Rental Fleet

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT AND RENTAL FLEET

NOTE 6 — PROPERTY AND EQUIPMENT AND RENTAL FLEET

Property and equipment, net, consisted of the following:

	March 31,			December 31,
	2025			2024
Land	$	3.0		$	3.0
Buildings, equipment, and leasehold improvements:
Machinery and equipment		11.2			9.6
Autos and trucks		7.1			7.3
Buildings and leasehold improvements		26.5			25.5
Construction in progress		6.6			7.0
Finance lease right-of-use assets		68.4			63.6
Office equipment		5.7			5.6
Computer equipment		15.2			14.4
Total costs		143.7			136.0
Less accumulated depreciation and amortization:
Buildings, equipment, autos and trucks, leasehold improvements, finance leases and office and computer equipment		(58.9	)		(54.4	)
Property and equipment, net	$	84.8		$	81.6

Total depreciation and amortization on property and equipment was $5.0 million and $4.3 million for the three months ended March 31, 2025 and 2024, respectively.

Rental fleet, net, consisted of the following:

	March 31,			December 31,
	2025			2024
Rental fleet	$	584.1		$	571.2
Less accumulated depreciation rental fleet		(221.4	)		(212.4	)
Rental fleet, net	$	362.7		$	358.8

Total depreciation on rental fleet was $22.1 million and $24.0 million for the three months ended March 31, 2025 and 2024, respectively.