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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities:    
Net income $ 30,378 $ 19,434
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 40,288 38,752
Impairment of rental assets 39  
Provision for doubtful accounts 181 597
Share-based compensation 1,828 1,538
Gain on sale of used rental equipment (9,875) (7,914)
Foreign currency exchange (gain) loss 376 (237)
Amortization of debt issuance costs 15 25
Change in:    
Accounts receivable 596 (259)
Prepaid expenses and other assets (14,938) (8,839)
Accounts payable and accrued liabilities (365) 680
Deferred income 4,854 5,034
Deferred income taxes 388 587
Net cash provided by operating activities 53,765 49,398
Cash Flows from Investing Activities:    
Purchases of rental equipment (58,662) (46,118)
Purchases of property, plant and equipment (6,417) (9,623)
Proceeds from sales of used rental equipment 19,212 16,057
Net cash used in investing activities (45,867) (39,684)
Cash Flows from Financing Activities:    
Net borrowings under bank lines of credit 31,431 23,996
Principal payments on Series A senior notes (20,000) (20,000)
Taxes paid related to net share settlement of stock awards (2,792) (319)
Payment of dividends (14,501) (12,390)
Net cash used in financing activities (5,862) (8,713)
Effect of foreign currency exchange rate changes on cash (53) 18
Net increase in cash 1,983 1,019
Cash balance, beginning of period 2,501 852
Cash balance, end of period 4,484 1,871
Supplemental Disclosure of Cash Flow Information:    
Interest paid, during the period 6,123 5,817
Net income taxes paid, during the period 11,675 18,141
Dividends accrued during the period, not yet paid 8,267 6,214
Rental equipment acquisitions, not yet paid $ 7,201 $ 6,359