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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES    
Net loss $ (27.0) $ (23.8)
Adjustments to reconcile net loss to net cash flows used in operating activities    
Depreciation and amortization 67.0 72.0
Amortization of debt discount and debt issuance costs 2.3 1.1
Imputed interest 0.2 0.2
Gain on sale of property and equipment (0.1)  
Gain on sale of rental equipment (12.3) (17.4)
Provision for inventory obsolescence 3.2 0.5
Provision for losses on accounts receivable 2.5 3.5
Gain on divestiture (4.3)  
Loss on debt extinguishment   6.7
Change in fair value of derivative instruments (0.1) (0.2)
Stock-based compensation expense 2.0 2.6
Changes in deferred income taxes (0.9) (6.8)
Changes in assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable (6.8) (6.5)
Inventories (21.1) (109.6)
Proceeds from sale of rental equipment - rent-to-sell 44.8 63.1
Prepaid expenses and other assets (11.6)  
Manufacturers floor plans payable (41.0) 5.2
Accounts payable, accrued expenses, customer deposits, and other current liabilities   (14.5)
Leases, deferred revenue, net of current portion and other liabilities (0.2) (0.3)
Net cash used in operating activities (3.4) (24.2)
INVESTING ACTIVITIES    
Expenditures for rental equipment (23.7) (30.6)
Expenditures for property and equipment (3.9) (7.2)
Proceeds from sale of property and equipment 0.3 1.9
Proceeds from sale of rental equipment - rent-to-rent 4.9 3.2
Acquisitions of businesses, net of cash acquired (2.9)  
Proceeds from divestiture, net 18.0  
Other investing activities (1.1) (1.5)
Net cash used in investing activities (8.4) (34.2)
FINANCING ACTIVITIES    
Expenditures for debt issuance costs   (1.8)
Extinguishment of long-term debt   (319.4)
Proceeds from long-term borrowings 193.5 849.3
Principal payments on long-term debt and finance lease obligations (163.9) (476.2)
Proceeds from non-manufacturer floor plan payable 46.9 79.5
Payments on non-manufacturer floor plan payable (52.8) (82.8)
Preferred stock dividends paid (1.5) (1.5)
Common stock dividends declared and paid (3.9) (3.9)
Repurchases of common stock (6.5) (2.0)
Other financing activities (0.4) (9.1)
Net cash provided by financing activities 11.4 32.1
Effect of exchange rate changes on cash 0.2 (0.2)
NET CHANGE IN CASH (0.2) (26.5)
Cash, Beginning of year 13.4 31.0
Cash, End of period 13.2 4.5
Noncash asset purchases:    
Net transfer of assets from inventory to rental fleet 66.7 83.0
Contingent and non-contingent consideration for business acquisitions   0.5
Supplemental disclosures of cash flow information    
Cash paid for interest 42.2 32.5
Cash paid for income taxes $ 3.6 $ 1.3