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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Net revenue $ 295.0 $ 220.6 $ 856.5 $ 593.2
Cost of revenues:        
Cost of revenue 213.9 163.9 631.2 443.1
Gross profit 81.1 56.7 225.3 150.1
General and administrative expenses 72.9 58.4 209.4 153.2
Depreciation and amortization expense 2.2 1.8 6.3 4.5
Total general and administrative expenses 75.1 60.2 215.7 157.7
Income (loss) from operations 6.0 (3.5) 9.6 (7.6)
Other income (expense)        
Interest expense, floor plan payable – new equipment (0.4) (0.5) (1.4) (1.8)
Interest expense – other (5.6) (5.6) (16.2) (15.9)
Other income 0.2 8.0 0.3 8.7
Loss on extinguishment of debt     (11.9) (7.6)
Total other (expense) income (5.8) 1.9 (29.2) (16.6)
Income (loss) before taxes 0.2 (1.6) (19.6) (24.2)
Income tax provision (benefit) 0.0 (1.9) 0.5 (3.4)
Net Income (loss) 0.2 0.3 (20.1) (20.8)
Preferred stock dividends (0.7)   (1.8)  
Net (loss) income available to common shareholders $ (0.5) $ 0.3 $ (21.9) $ (20.8)
Basic (loss) income per share $ (0.02) $ 0.01 $ (0.69) $ (0.81)
Diluted (loss) income per share $ (0.02) $ 0.01 $ (0.69) $ (0.81)
Basic weighted average common shares outstanding 32,363,376 29,221,460 31,484,906 25,689,145
Diluted weighted average common shares outstanding 32,363,376 29,310,674 31,484,906 25,689,145
New and Used Equipment Sales        
Revenues:        
Net revenue $ 136.8 $ 97.9 $ 392.6 $ 275.2
Cost of revenues:        
Cost of revenue 114.3 84.4 333.3 240.3
Parts Sales        
Revenues:        
Net revenue 44.8 35.5 130.3 92.3
Cost of revenues:        
Cost of revenue 30.5 24.3 89.8 63.3
Service Revenue        
Revenues:        
Net revenue 41.9 35.5 123.0 94.1
Cost of revenues:        
Cost of revenue 17.3 13.5 48.2 35.9
Rental Revenue        
Revenues:        
Net revenue 41.7 32.2 113.0 83.4
Cost of revenues:        
Cost of revenue 4.6 5.4 15.3 14.8
Rental Equipment Sales        
Revenues:        
Net revenue 29.8 19.5 97.6 48.2
Cost of revenues:        
Cost of revenue 25.0 17.1 81.7 41.7
Rental Depreciation        
Cost of revenues:        
Cost of revenue $ 22.2 $ 19.2 $ 62.9 $ 47.1