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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregated Revenues

The following tables summarize the Company’s disaggregated revenues as presented in the Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2025 and 2024 by revenue type and the applicable accounting standard.

 

Three Months Ended June 30, 2025

 

 

Three Months Ended June 30, 2024

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New and used equipment sales

$

 

 

$

265.6

 

 

$

265.6

 

 

$

 

 

$

251.5

 

 

$

251.5

 

Parts sales

 

 

 

 

75.6

 

 

 

75.6

 

 

 

 

 

 

78.0

 

 

 

78.0

 

Service revenues

 

 

 

 

64.9

 

 

 

64.9

 

 

 

 

 

 

66.2

 

 

 

66.2

 

Rental revenues

 

46.3

 

 

 

 

 

 

46.3

 

 

 

53.7

 

 

 

 

 

 

53.7

 

Rental equipment sales

 

 

 

 

28.8

 

 

 

28.8

 

 

 

 

 

 

38.7

 

 

 

38.7

 

Total revenues

$

46.3

 

 

$

434.9

 

 

$

481.2

 

 

$

53.7

 

 

$

434.4

 

 

$

488.1

 

 

 

Six Months Ended June 30, 2025

 

 

Six Months Ended June 30, 2024

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

 

Topic 842

 

 

Topic 606

 

 

Total

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New and used equipment sales

$

 

 

$

487.3

 

 

$

487.3

 

 

$

 

 

$

480.1

 

 

$

480.1

 

Parts sales

 

 

 

 

147.6

 

 

 

147.6

 

 

 

 

 

 

150.9

 

 

 

150.9

 

Service revenues

 

 

 

 

131.0

 

 

 

131.0

 

 

 

 

 

 

130.2

 

 

 

130.2

 

Rental revenues

 

88.6

 

 

 

 

 

 

88.6

 

 

 

102.2

 

 

 

 

 

 

102.2

 

Rental equipment sales

 

 

 

 

49.7

 

 

 

49.7

 

 

 

 

 

 

66.3

 

 

 

66.3

 

Total revenues

$

88.6

 

 

$

815.6

 

 

$

904.2

 

 

$

102.2

 

 

$

827.5

 

 

$

929.7