0001564590-22-016431.txt : 20220428 0001564590-22-016431.hdr.sgml : 20220428 20220428160304 ACCESSION NUMBER: 0001564590-22-016431 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20220428 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20220428 DATE AS OF CHANGE: 20220428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MCGRATH RENTCORP CENTRAL INDEX KEY: 0000752714 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 942579843 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 22866395 BUSINESS ADDRESS: STREET 1: 5700 LAS POSITAS RD CITY: LIVERMORE STATE: CA ZIP: 94551 BUSINESS PHONE: 925-606-9200 MAIL ADDRESS: STREET 1: 5700 LAS POSITAS RD CITY: LIVERMORE STATE: CA ZIP: 94551 8-K 1 mgrc-8k_20220428.htm 8-K mgrc-8k_20220428.htm
false 0000752714 0000752714 2022-04-28 2022-04-28

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):

 

April 28, 2022

 

 

McGRATH RENTCORP

(Exact name of registrant as specified in its Charter)

 

California

000-13292

94-2579843

(State or other jurisdiction

(Commission File Number)

(I.R.S. Employer Identification No.)

of incorporation)

 

 

 

5700 Las Positas Road, Livermore, CA  94551-7800

(Address of principal executive offices)

 

(925) 606-9200

(Registrant’s Telephone Number, Including Area Code)

 

Securities registered pursuant to Section 12(b) of the Act

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock

MGRC

NASDAQ Global Select Market

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

     

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Security Exchange  Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 

 

 


 

 

Item 2.02 Results of Operations and Financial Condition.

On April 28, 2022, McGrath RentCorp (the “Company”) announced via press release the Company’s results for its first quarter ended March 31, 2022.  A copy of the Company’s press release is attached hereto as Exhibit 99.1.  This Form 8-K and the attached exhibit are provided under Item 2.02 of Form 8-K and are furnished to, but not filed with, the Securities and Exchange Commission, and shall not be incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.

Item 9.01 Financial Statements and Exhibits.

(d)   Exhibits.

 

Exhibit No.

Description

 

 

99.1

Press Release of McGrath RentCorp, dated April 28, 2022.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

2

 


 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

McGRATH RENTCORP

 

 

 

 

 

Dated:

April 28, 2022

 

By:

/s/  Keith E. Pratt

 

 

 

 

Keith E. Pratt

 

 

 

 

Executive Vice President and Chief Financial Officer

 

3

 

EX-99.1 2 mgrc-ex991_6.htm EX-99.1 mgrc-ex991_6.htm

 

 

 

 

 

Exhibit 99.1

 

 

 

 

 

PRESS RELEASE

 

5700 Las Positas Road

Livermore, California 94551

925-606-9200

 

 

 

 

FOR RELEASE April 28, 2022

 

 

McGrath RentCorp Announces Results for First Quarter 2022

 

LIVERMORE, CA – April 28, 2022 – McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced total revenues for the quarter ended March 31, 2022 of $145.4 million, an increase of 20%, compared to the first quarter of 2021.  The Company reported net income of $18.8 million, or $0.77 per diluted share, for the first quarter of 2022, compared to net income of $17.4 million, or $0.71 per diluted share, for the first quarter of 2021.  

 

FIRST QUARTER 2022 Company HIGHLIGHTS:

 

Rental revenues increased 21% year-over-year to $104.2 million.

 

 

Total revenues increased 20% year-over-year to $145.4 million.

 

 

Adjusted EBITDA1 increased 15% to $56.7 million.    

 

 

Dividend rate increased 5% year-over-year to $0.455 per share for the first quarter of 2022.  On an annualized basis, this dividend represents a 2.1% yield on the April 27, 2022 close price of $84.88 per share.

 

 

Joe Hanna, President and CEO of McGrath RentCorp, made the following comments regarding these results and future expectations:

“We were pleased with our first quarter results.  The improved end market conditions we experienced at the start of the year continued through the first quarter and enabled us to deliver a 21% increase in companywide rental revenues, compared to the prior year.  Modular rental revenues grew 32%, with approximately two thirds of the growth attributable to our Design Space, Kitchens To Go and Titan Storage Container acquisitions.  Excluding the acquisitions, the modular segment rental revenues grew by a healthy 11%.  Rental revenues at TRS-RenTelco and Adler Tanks grew 5% and 17%, respectively.  

 

Our modular business saw broad based strength across our commercial, education and portable storage customer bases.  With stronger demand conditions than a year ago we have been spending robustly to prepare modular equipment for rent, and we have front loaded some of our new equipment capital spending.  All of this indicates our improving confidence in rental opportunities for the year.

 

TRS-RenTelco and Adler Tanks also had a good start to the year.  TRS-RenTelco saw growth in both communications and general purpose rentals during the first quarter, and experienced improving demand over the course of the quarter.  Adler Tanks continued to experience broad-based demand improvement across its regions and vertical markets, compared to a year ago.  

 

I am encouraged by the stronger business momentum we are seeing across the business.  We are focused on effective execution to make the most of these improved market conditions.”

 

Division HIGHLIGHTS:

All comparisons presented below are for the quarter ended March 31, 2022 to the quarter ended March 31, 2021 unless otherwise indicated.

Mobile Modular

For the first quarter of 2022, the Company’s Mobile Modular division reported income from operations of $18.4 million, an increase of $2.8 million, or 18%, with Adjusted EBITDA increasing $6.5 million, or 27%, to $30.4 million.  Rental revenues increased 32% to $61.5 million, depreciation expense increased 35% to $7.8 million and other direct costs increased 57% to $20.2 million, which resulted in an increase in gross profit on rental revenues of 20% to $33.5 million.  The rental revenue increase reflects the 2021 Design Space, Kitchens To Go, and Titan Storage Containers customers that contributed approximately two thirds of the increase.  Rental related services revenues increased 31% to $18.4 million, primarily attributable to higher delivery and pick up activities, and higher site related and other services performed during the lease with associated gross profit increasing 30% to $5.2 million.  Sales revenues increased 36% to $10.4 million, from both higher new and used equipment sales. Gross margin on sales was 39% compared to 35% in 2021,


 

resulting in a 51% increase in gross profit on sales revenues to $4.0 million.  Selling and administrative expenses increased 28% to $24.7 million, primarily due to increased employee salaries and benefit costs totaling $2.8 million reflecting the addition of Design Space and Kitchens To Go employees, $1.4 million higher amortization of intangible assets associated with the Design Space and Kitchens To Go acquisitions and $1.6 million higher allocated corporate expenses.

 

TRS-RenTelco

For the first quarter of 2022, the Company’s TRS-RenTelco division reported income from operations of $8.1 million, a decrease of $0.4 million, or 4%, with Adjusted EBITDA increasing $0.3 million, or 1%, to $20.7 million.  Rental revenues increased 5% to $28.5 million, depreciation expense increased 6% to $12.0 million and other direct costs increased 3% to $4.7 million, which resulted in a 4% increase in gross profit on rental revenues to $11.8 million.  The rental revenue increase was the result of higher average equipment on rent and higher average monthly rental rates compared to the prior year.  Sales revenues decreased 24% to $3.9 million and gross profit on sales revenues decreased 15% to $2.4 million.  Selling and administrative expenses increased 5% to $6.6 million, primarily due to higher marketing and administrative expenses.

Adler Tanks

For the first quarter of 2022, the Company’s Adler Tanks division reported income from operations of $1.9 million, an increase of $1.2 million, with Adjusted EBITDA increasing $1.0 million, or 18%, to $6.7 million.  Rental revenues increased 17% to $14.2 million, depreciation expense was comparable to the prior year and other direct costs increased 29% to $3.0 million, which resulted in an increased gross profit on rental revenues of 25%, to $7.2 million. The rental revenue increase was broad based across regions and vertical markets served.  Rental related services revenues increased 8% to $5.3 million, with gross profit on rental related services decreasing 10%, to $0.9 million.  Selling and administrative expenses increased 4% to $6.5 million primarily due to higher allocated corporate expenses.

financial outlook:

 

Based upon the Company’s year-to-date results and current outlook for the remainder of the year, the Company confirms its financial outlook. For the full-year 2022, the Company expects:

 

 

 

 

Total revenue:

$675 million to $705 million

 

Adjusted EBITDA1, 2:

$260 million to $275 million

 

Gross rental equipment capital expenditures:

$117 million to $127 million

 

 

1.

Adjusted EBITDA is defined as net income before interest expense, provision for income taxes, depreciation, amortization, non-cash impairment costs and share-based compensation.  A reconciliation of actual net income to Adjusted EBITDA and Adjusted EBITDA to net cash provided by operating activities can be found at the end of this release.

2.

Information reconciling forward-looking Adjusted EBITDA to the comparable GAAP financial measures is unavailable to the Company without unreasonable effort because certain items required for such reconciliations are outside of the Company’s control and/or cannot be reasonably predicted, such as the provision for income taxes. Therefore, no reconciliation to the most comparable GAAP measures is provided. The Company provides Adjusted EBITDA guidance because it believes that Adjusted EBITDA, when viewed with the Company’s results under GAAP, provides useful information for the reasons noted in the reconciliation of actual Adjusted EBITDA to the most directly comparable GAAP measures at the end of this release.  

 

About McGrath RentCorp:

Founded in 1979, McGrath RentCorp (Nasdaq: MGRC) is a diversified business-to-business rental company providing modular buildings, electronic test equipment, portable storage and tank containment solutions across the United States and other select North American regions.  The Company’s rental operations consist of four divisions: Mobile Modular rents and sells modular buildings to fulfill customers’ temporary and permanent classroom and office space needs; TRS-RenTelco rents and sells electronic test equipment; Adler Tank Rentals rents and sells containment solutions for hazardous and nonhazardous liquids and solids; and Mobile Modular Portable Storage provides portable storage rental solutions.  For more information on McGrath RentCorp and its operating units, please visit our websites:

 

Corporate – www.mgrc.com

Modular Buildings – www.mobilemodular.com

Electronic Test Equipment – www.trsrentelco.com

Tanks and Boxes – www.adlertankrentals.com

Portable Storage – www.mobilemodularcontainers.com

School Facilities Manufacturing – www.enviroplex.com

 


 

 

You should read this press release in conjunction with the financial statements and notes thereto included in the Company’s latest Forms 10-K, 10-Q and other SEC filings.  You can visit the Company’s web site at www.mgrc.com to access information on McGrath RentCorp, including the latest Forms 10-K, 10-Q and other SEC filings.

 

Conference Call Note:

As previously announced in its press release of March 29, 2022, McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on April 28, 2022 to discuss the first quarter 2022 results.  To participate in the teleconference, dial 1-844-707-0666 (in the U.S.), or 1-703-639-1220 (outside the U.S.), or to listen only, access the simultaneous webcast at the investor relations section of the Company’s website at https://investors.mgrc.com/.  A replay will be available for 7 days following the call by dialing 1-855-859-2056 (in the U.S.), or 1-404-537-3406 (outside the U.S.).  The pass code for the conference call replay is 2173168.  In addition, a live audio webcast and replay of the call may be found in the investor relations section of the Company’s website at https://investors.mgrc.com/events-and-presentations.

 

FORWARD-LOOKING STATEMENTS:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  All statements, other than statements of historical facts, regarding McGrath RentCorp’s expectations, strategies, prospects or targets are forward looking statements.  These forward-looking statements also can be identified by the use of forward-looking terminology such as “anticipates,” “believes,” “continues,” “could,” “estimates,” “expects,” “intends,” “may,” “plan,” “predict,” “project,” or “will,” or the negative of these terms or other comparable terminology.   In particular, Mr. Hanna’s statements about the robust spending indicating the Company’s improved confidence, the Company’s focus on effective execution to make the most of improved market conditions, as well as the statements regarding the full year 2022 in the “Financial Outlook” section, are forward-looking.

These forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties that could cause our actual results to differ materially from those projected including: the duration of the COVID-19 pandemic and its economic impact, the extent and length of the restrictions associated with COVID-19 pandemic, the health of the education and commercial markets in our modular building division; the activity levels in the general purpose and communications test equipment markets at TRS-RenTelco; the ability to obtain the synergies expected from the Design Space and Kitchens To Go acquisitions and the success of integrating such acquisitions; the utilization levels and rental rates of our Adler Tanks liquid and solid containment tank and box rental assets; continued execution of our performance improvement initiatives; our ability to successfully increase prices to offset cost increases; and our ability to effectively manage our rental assets, as well as the factors disclosed under “Risk Factors” in the Company’s Form 10-K and other SEC filings.

Forward-looking statements are made only as of the date hereof.  Except as otherwise required by law, we assume no obligation to update any of the forward-looking statements contained in this press release.


 

MCGRATH RENTCORP

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED)

 

 

 

Three Months Ended March 31,

 

(in thousands, except per share amounts)

 

2022

 

 

2021

 

Revenues

 

 

 

 

 

 

 

 

Rental

 

$

104,241

 

 

$

86,087

 

Rental related services

 

 

24,317

 

 

 

19,669

 

Rental operations

 

 

128,558

 

 

 

105,756

 

Sales

 

 

15,876

 

 

 

14,611

 

Other

 

 

939

 

 

 

828

 

Total revenues

 

 

145,373

 

 

 

121,195

 

Costs and Expenses

 

 

 

 

 

 

 

 

Direct costs of rental operations:

 

 

 

 

 

 

 

 

Depreciation of rental equipment

 

 

23,874

 

 

 

21,255

 

Rental related services

 

 

18,143

 

 

 

14,604

 

Other

 

 

27,823

 

 

 

19,707

 

Total direct costs of rental operations

 

 

69,840

 

 

 

55,566

 

Costs of sales

 

 

9,044

 

 

 

8,548

 

Total costs of revenues

 

 

78,884

 

 

 

64,114

 

Gross profit

 

 

66,489

 

 

 

57,081

 

Selling and administrative expenses

 

 

39,127

 

 

 

33,137

 

Income from operations

 

 

27,362

 

 

 

23,944

 

Other income (expense):

 

 

 

 

 

 

 

 

Interest expense

 

 

(2,820

)

 

 

(1,783

)

Foreign currency exchange gain (loss)

 

 

13

 

 

 

(55

)

Income before provision for income taxes

 

 

24,555

 

 

 

22,106

 

Provision for income taxes

 

 

5,762

 

 

 

4,708

 

Net income

 

$

18,793

 

 

$

17,398

 

Earnings per share:

 

 

 

 

 

 

 

 

Basic

 

$

0.77

 

 

$

0.72

 

Diluted

 

$

0.77

 

 

$

0.71

 

Shares used in per share calculation:

 

 

 

 

 

 

 

 

Basic

 

 

24,285

 

 

 

24,153

 

Diluted

 

 

24,534

 

 

 

24,512

 

Cash dividends declared per share

 

$

0.455

 

 

$

0.435

 

 

 

 

 

 

 

 

 

 



 

 

MCGRATH RENTCORP

CONDENSED CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

 

 

 

March 31,

 

 

December 31,

 

(in thousands)

 

2022

 

 

2021

 

Assets

 

 

 

 

 

 

 

 

Cash

 

$

1,603

 

 

$

1,491

 

Accounts receivable, net of allowance for credit losses of $2,125 in 2022

   and 2021

 

 

151,564

 

 

 

159,499

 

Rental equipment, at cost:

 

 

 

 

 

 

 

 

Relocatable modular buildings

 

 

1,059,030

 

 

 

1,040,094

 

Electronic test equipment

 

 

378,766

 

 

 

361,391

 

Liquid and solid containment tanks and boxes

 

 

308,790

 

 

 

309,908

 

 

 

 

1,746,586

 

 

 

1,711,393

 

Less: accumulated depreciation

 

 

(663,631

)

 

 

(646,169

)

Rental equipment, net

 

 

1,082,955

 

 

 

1,065,224

 

Property, plant and equipment, net

 

 

138,515

 

 

 

135,325

 

Prepaid expenses and other assets

 

 

50,732

 

 

 

54,945

 

Intangible assets, net

 

 

45,566

 

 

 

47,049

 

Goodwill

 

 

132,305

 

 

 

132,393

 

Total assets

 

$

1,603,240

 

 

$

1,595,926

 

Liabilities and Shareholders' Equity

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

Notes payable

 

$

423,974

 

 

$

426,451

 

Accounts payable and accrued liabilities

 

 

138,690

 

 

 

136,313

 

Deferred income

 

 

63,939

 

 

 

58,716

 

Deferred income taxes, net

 

 

238,749

 

 

 

242,425

 

Total liabilities

 

 

865,352

 

 

 

863,905

 

Shareholders’ equity:

 

 

 

 

 

 

 

 

Common stock, no par value - Authorized 40,000 shares

 

 

 

 

 

 

 

 

Issued and outstanding - 24,335 shares as of March 31, 2022 and 24,260 shares as of December 31, 2021

 

 

106,765

 

 

 

108,610

 

Retained earnings

 

 

631,174

 

 

 

623,465

 

Accumulated other comprehensive loss

 

 

(51

)

 

 

(54

)

Total shareholders’ equity

 

 

737,888

 

 

 

732,021

 

Total liabilities and shareholders’ equity

 

$

1,603,240

 

 

$

1,595,926

 

 

 

 

 

 

 

 

 

 



 

 

MCGRATH RENTCORP

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2022

 

 

2021

 

Cash Flows from Operating Activities:

 

 

 

 

 

 

 

 

Net income

 

$

18,793

 

 

$

17,398

 

Adjustments to reconcile net income to net cash provided by

   operating activities:

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

27,584

 

 

 

23,460

 

Deferred income taxes

 

 

(3,676

)

 

 

(3,258

)

Provision for doubtful accounts

 

 

13

 

 

 

99

 

Share-based compensation

 

 

1,760

 

 

 

1,777

 

Gain on sale of used rental equipment

 

 

(5,364

)

 

 

(4,794

)

Foreign currency exchange (gain) loss

 

 

(13

)

 

 

55

 

Amortization of debt issuance costs

 

 

4

 

 

 

3

 

     Change in:

 

 

 

 

 

 

 

 

Accounts receivable

 

 

7,922

 

 

 

1,009

 

Prepaid expenses and other assets

 

 

4,213

 

 

 

(94

)

Accounts payable and accrued liabilities

 

 

(4,716

)

 

 

(2,633

)

Deferred income

 

 

5,223

 

 

 

4,587

 

Net cash provided by operating activities

 

 

51,743

 

 

 

37,609

 

Cash Flows from Investing Activities:

 

 

 

 

 

 

 

 

Purchases of rental equipment

 

 

(39,430

)

 

 

(17,984

)

Purchases of property, plant and equipment

 

 

(5,417

)

 

 

(981

)

Proceeds from sales of used rental equipment

 

 

10,308

 

 

 

10,418

 

Net cash used in investing activities

 

 

(34,539

)

 

 

(8,547

)

Cash Flows from Financing Activities:

 

 

 

 

 

 

 

 

Net repayment under bank lines of credit

 

 

(2,482

)

 

 

(13,931

)

Taxes paid related to net share settlement of stock awards

 

 

(3,605

)

 

 

(3,482

)

Payment of dividends

 

 

(11,006

)

 

 

(10,554

)

Net cash used in financing activities

 

 

(17,093

)

 

 

(27,967

)

Effect of foreign currency exchange rate changes on cash

 

 

1

 

 

 

(4

)

Net increase in cash

 

 

112

 

 

 

1,091

 

Cash balance, beginning of period

 

 

1,491

 

 

 

1,238

 

Cash balance, end of period

 

$

1,603

 

 

$

2,329

 

Supplemental Disclosure of Cash Flow Information:

 

 

 

 

 

 

 

 

Interest paid, during the period

 

$

2,137

 

 

$

1,625

 

Net income taxes paid, during the period

 

$

420

 

 

$

372

 

Dividends accrued during the period, not yet paid

 

$

11,357

 

 

$

9,810

 

Rental equipment acquisitions, not yet paid

 

$

12,869

 

 

$

11,095

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

MCGRATH RENTCORP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BUSINESS SEGMENT DATA (unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(dollar amounts in thousands)

 

Mobile Modular

 

 

TRS-RenTelco

 

 

Adler Tanks

 

 

Enviroplex

 

 

Consolidated

 

Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental

 

$

61,538

 

 

$

28,512

 

 

$

14,191

 

 

$

 

 

$

104,241

 

Rental related services

 

 

18,361

 

 

 

671

 

 

 

5,285

 

 

 

 

 

 

24,317

 

Rental operations

 

 

79,899

 

 

 

29,183

 

 

 

19,476

 

 

 

 

 

 

128,558

 

Sales

 

 

10,375

 

 

 

3,927

 

 

 

657

 

 

 

917

 

 

 

15,876

 

Other

 

 

371

 

 

 

381

 

 

 

187

 

 

 

 

 

 

939

 

Total revenues

 

 

90,645

 

 

 

33,491

 

 

 

20,320

 

 

 

917

 

 

 

145,373

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct costs of rental operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

7,833

 

 

 

12,029

 

 

 

4,012

 

 

 

 

 

 

23,874

 

Rental related services

 

 

13,180

 

 

 

580

 

 

 

4,383

 

 

 

 

 

 

18,143

 

Other

 

 

20,162

 

 

 

4,692

 

 

 

2,969

 

 

 

 

 

 

27,823

 

Total direct costs of rental operations

 

 

41,175

 

 

 

17,301

 

 

 

11,364

 

 

 

 

 

 

69,840

 

Costs of  sales

 

 

6,329

 

 

 

1,500

 

 

 

502

 

 

 

713

 

 

 

9,044

 

Total costs of revenues

 

 

47,504

 

 

 

18,801

 

 

 

11,866

 

 

 

713

 

 

 

78,884

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Profit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental

 

 

33,543

 

 

 

11,791

 

 

 

7,210

 

 

 

 

 

 

52,544

 

Rental related services

 

 

5,181

 

 

 

91

 

 

 

902

 

 

 

 

 

 

6,174

 

Rental operations

 

 

38,724

 

 

 

11,882

 

 

 

8,112

 

 

 

 

 

 

58,718

 

Sales

 

 

4,046

 

 

 

2,427

 

 

 

155

 

 

 

204

 

 

 

6,832

 

Other

 

 

371

 

 

 

381

 

 

 

187

 

 

 

 

 

 

939

 

Total gross profit

 

 

43,141

 

 

 

14,690

 

 

 

8,454

 

 

 

204

 

 

 

66,489

 

Selling and administrative expenses

 

 

24,692

 

 

 

6,590

 

 

 

6,522

 

 

 

1,323

 

 

 

39,127

 

Income (loss) from operations

 

$

18,449

 

 

$

8,100

 

 

$

1,932

 

 

$

(1,119

)

 

$

27,362

 

Interest expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2,820

)

Foreign currency exchange gain

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13

 

Provision for income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(5,762

)

Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

18,793

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA 1

 

$

30,405

 

 

$

20,653

 

 

$

6,707

 

 

$

(1,046

)

 

$

56,719

 

Average rental equipment 2

 

$

1,006,903

 

 

$

366,667

 

 

$

308,533

 

 

 

 

 

 

 

 

 

Average monthly total yield 3

 

 

2.04

%

 

 

2.59

%

 

 

1.53

%

 

 

 

 

 

 

 

 

Average utilization 4

 

 

77.1

%

 

 

64.6

%

 

 

48.3

%

 

 

 

 

 

 

 

 

Average monthly rental rate 5

 

 

2.64

%

 

 

4.01

%

 

 

3.17

%

 

 

 

 

 

 

 

 

 

 

1.      Adjusted EBITDA is defined as net income before interest expense, provision for income taxes, depreciation, amortization, non-cash impairment costs and share-based compensation.

2.

Average rental equipment represents the cost of rental equipment, excluding accessory equipment.  For Mobile Modular and Adler Tanks, Average rental equipment also excludes new equipment inventory.

3.

Average monthly total yield is calculated by dividing the averages of monthly rental revenues by the cost of rental equipment for the period.

4.

Average utilization is calculated by dividing the average month end costs of rental equipment on rent by the average month end total costs of rental equipment.

5.

Average monthly rental rate is calculated by dividing the averages of monthly rental revenues by the cost of rental equipment on rent for the period.

 

 

 

 

 

 

 

 

 

 


 

 

 

 

MCGRATH RENTCORP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BUSINESS SEGMENT DATA (unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(dollar amounts in thousands)

 

Mobile Modular

 

 

TRS-RenTelco

 

 

Adler Tanks

 

 

Enviroplex

 

 

Consolidated

 

Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental

 

$

46,657

 

 

$

27,276

 

 

$

12,154

 

 

$

 

 

$

86,087

 

Rental related services

 

 

14,051

 

 

 

740

 

 

 

4,878

 

 

 

 

 

 

19,669

 

Rental operations

 

 

60,708

 

 

 

28,016

 

 

 

17,032

 

 

 

 

 

 

105,756

 

Sales

 

 

7,620

 

 

 

5,149

 

 

 

608

 

 

 

1,234

 

 

 

14,611

 

Other

 

 

320

 

 

 

438

 

 

 

70

 

 

 

 

 

 

828

 

Total revenues

 

 

68,648

 

 

 

33,603

 

 

 

17,710

 

 

 

1,234

 

 

 

121,195

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct costs of rental operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

5,819

 

 

 

11,362

 

 

 

4,074

 

 

 

 

 

 

21,255

 

Rental related services

 

 

10,072

 

 

 

653

 

 

 

3,879

 

 

 

 

 

 

14,604

 

Other

 

 

12,875

 

 

 

4,534

 

 

 

2,298

 

 

 

 

 

 

19,707

 

Total direct costs of rental operations

 

 

28,766

 

 

 

16,549

 

 

 

10,251

 

 

 

 

 

 

55,566

 

Costs of  sales

 

 

4,948

 

 

 

2,301

 

 

 

416

 

 

 

883

 

 

 

8,548

 

Total costs of revenues

 

 

33,714

 

 

 

18,850

 

 

 

10,667

 

 

 

883

 

 

 

64,114

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Profit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental

 

 

27,963

 

 

 

11,380

 

 

 

5,782

 

 

 

 

 

 

45,125

 

Rental related services

 

 

3,979

 

 

 

87

 

 

 

999

 

 

 

 

 

 

5,065

 

Rental operations

 

 

31,942

 

 

 

11,467

 

 

 

6,781

 

 

 

 

 

 

50,190

 

Sales

 

 

2,672

 

 

 

2,848

 

 

 

192

 

 

 

351

 

 

 

6,063

 

Other

 

 

320

 

 

 

438

 

 

 

70

 

 

 

 

 

 

828

 

Total gross profit

 

 

34,934

 

 

 

14,753

 

 

 

7,043

 

 

 

351

 

 

 

57,081

 

Selling and administrative expenses

 

 

19,237

 

 

 

6,298

 

 

 

6,267

 

 

 

1,335

 

 

 

33,137

 

Income (loss) from operations

 

$

15,697

 

 

$

8,455

 

 

$

776

 

 

$

(984

)

 

 

23,944

 

Interest expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,783

)

Foreign currency exchange loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(55

)

Provision for income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4,708

)

Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

17,398

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA 1

 

$

23,955

 

 

$

20,392

 

 

$

5,700

 

 

$

(921

)

 

$

49,126

 

Average rental equipment 2

 

$

836,893

 

 

$

334,781

 

 

$

313,873

 

 

 

 

 

 

 

 

 

Average monthly total yield 3

 

 

1.86

%

 

 

2.72

%

 

 

1.29

%

 

 

 

 

 

 

 

 

Average utilization 4

 

 

75.8

%

 

 

68.1

%

 

 

40.3

%

 

 

 

 

 

 

 

 

Average monthly rental rate 5

 

 

2.45

%

 

 

3.99

%

 

 

3.21

%

 

 

 

 

 

 

 

 

 

 

1.      Adjusted EBITDA is defined as net income before interest expense, provision for income taxes, depreciation, amortization, non-cash impairment costs and share-based compensation.

2.

Average rental equipment represents the cost of rental equipment, excluding accessory equipment.  For Mobile Modular and Adler Tanks, Average rental equipment also excludes new equipment inventory.

3.

Average monthly total yield is calculated by dividing the averages of monthly rental revenues by the cost of rental equipment for the period.

4.

Average utilization is calculated by dividing the average month end costs of rental equipment on rent by the average month end total costs of rental equipment.

5.

Average monthly rental rate is calculated by dividing the averages of monthly rental revenues by the cost of rental equipment on rent for the period.

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

Reconciliation of Adjusted EBITDA to the most directly comparable GAAP measures

To supplement the Company’s financial data presented on a basis consistent with accounting principles generally accepted in the United States of America (“GAAP”), the Company presents “Adjusted EBITDA”, which is defined by the Company as net income before interest expense, provision for income taxes, depreciation, amortization and share-based compensation.  The Company presents Adjusted EBITDA as a financial measure as management believes it provides useful information to investors regarding the Company’s liquidity and financial condition and because management, as well as the Company’s lenders, use this measure in evaluating the performance of the Company.  

Management uses Adjusted EBITDA as a supplement to GAAP measures to further evaluate the Company’s period-to-period operating performance, compliance with financial covenants in the Company’s revolving lines of credit and senior notes and the Company’s ability to meet future capital expenditure and working capital requirements.  Management believes the exclusion of non-cash charges, including share-based compensation, is useful in measuring the Company’s cash available for operations and performance of the Company.  Because management finds Adjusted EBITDA useful, the Company believes its investors will also find Adjusted EBITDA useful in evaluating the Company’s performance.  

Adjusted EBITDA should not be considered in isolation or as a substitute for net income, cash flows, or other consolidated income or cash flow data prepared in accordance with GAAP or as a measure of the Company’s profitability or liquidity. Adjusted EBITDA is not in accordance with or an alternative for GAAP, and may be different from non-GAAP measures used by other companies. Unlike EBITDA, which may be used by other companies or investors, Adjusted EBITDA does not include share-based compensation charges.  The Company believes that Adjusted EBITDA is of limited use in that it does not reflect all of the amounts associated with the Company’s results of operations as determined in accordance with GAAP and does not accurately reflect real cash flow.  In addition, other companies may not use Adjusted EBITDA or may use other non-GAAP measures, limiting the usefulness of Adjusted EBITDA for purposes of comparison. The Company’s presentation of Adjusted EBITDA should not be construed as an inference that the Company will not incur expenses that are the same as or similar to the adjustments in this presentation. Therefore, Adjusted EBITDA should only be used to evaluate the Company’s results of operations in conjunction with the corresponding GAAP measures. The Company compensates for the limitations of Adjusted EBITDA by relying upon GAAP results to gain a complete picture of the Company’s performance.  Because Adjusted EBITDA is a non-GAAP financial measure as defined by the SEC, the Company includes in the tables below reconciliations of Adjusted EBITDA to the most directly comparable financial measures calculated and presented in accordance with GAAP.  

 

Reconciliation of Net Income to Adjusted EBITDA

(dollar amounts in thousands)

Three Months Ended

March 31,

 

 

Twelve Months Ended

March 31,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net income

$

18,793

 

 

$

17,398

 

 

$

91,100

 

 

$

99,223

 

Provision for income taxes

 

5,762

 

 

 

4,708

 

 

 

33,105

 

 

 

28,313

 

Interest expense

 

2,820

 

 

 

1,783

 

 

 

11,492

 

 

 

7,918

 

Depreciation and amortization

 

27,584

 

 

 

23,460

 

 

 

110,819

 

 

 

94,241

 

EBITDA

 

54,959

 

 

 

47,349

 

 

 

246,516

 

 

 

229,695

 

Share-based compensation

 

1,760

 

 

 

1,777

 

 

 

7,649

 

 

 

5,603

 

Adjusted EBITDA 1

$

56,719

 

 

$

49,126

 

 

$

254,165

 

 

$

235,298

 

Adjusted EBITDA margin 2

 

39

%

 

 

41

%

 

 

40

%

 

 

42

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

Reconciliation of Adjusted EBITDA to Net Cash Provided by Operating Activities

(dollar amounts in thousands)

Three Months Ended

March 31,

 

 

Twelve Months Ended

March 31,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Adjusted EBITDA 1

$

56,719

 

 

$

49,126

 

 

$

254,165

 

 

$

235,298

 

Interest paid

 

(2,137

)

 

 

(1,625

)

 

 

(10,838

)

 

 

(7,816

)

Income taxes paid, net of refunds received

 

(420

)

 

 

(372

)

 

 

(9,135

)

 

 

(34,912

)

Gain on sale of used rental equipment

 

(5,364

)

 

 

(4,794

)

 

 

(26,011

)

 

 

(19,335

)

Foreign currency exchange (gain) loss

 

(13

)

 

 

55

 

 

 

142

 

 

 

(459

)

Amortization of debt issuance costs

 

4

 

 

 

3

 

 

 

16

 

 

 

11

 

Change in certain assets and liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable, net

 

7,935

 

 

 

1,108

 

 

 

(17,119

)

 

 

3,626

 

Prepaid expenses and other assets

 

4,213

 

 

 

(94

)

 

 

(2,509

)

 

 

3,350

 

Accounts payable and other liabilities

 

(14,870

)

 

 

(10,385

)

 

 

10,996

 

 

 

4,013

 

Deferred income

 

5,223

 

 

 

4,587

 

 

 

9,718

 

 

 

(11,345

)

Net cash provided by operating activities

$

51,290

 

 

$

37,609

 

 

$

209,425

 

 

$

172,431

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Adjusted EBITDA is defined as net income before interest expense, provision for income taxes, depreciation, amortization and share-based compensation.

2.

Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by total revenues for the period.

 

 

 

FOR INFORMATION CONTACT:

Keith E. Pratt

 

EVP & Chief Financial Officer

 

925-606-9200

 

GRAPHIC 3 gtjvb4l5pt2a000001.jpg GRAPHIC begin 644 gtjvb4l5pt2a000001.jpg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

U\0>'Y[??OM-0M2@<#JCKU M_(U\57EK-8WMQ9W"E)H)&BD4]F4X(_,5>!Q$JJDIO5 F0U[Y^SSK.^RU?0W? MF-UNHE]F&U_Y)^=>!UW/PBUK^Q?B1II9RL-X3:28[[_NC_OL)6^+I\]&2!G= M?M#Z-A]'UQ$/(:TE;'_ T'_HS\J\,KZV^*VC?VW\.=5B1-TUL@NH_8Q\G_QW MO^1NU3_KP_]J+7T77SI^SU_P C=JG_ M %X?^U%KZ+KY_,/X[(>X4445Q""BBB@#Y+U7_D9=8_Z_9O\ T8U5ZL:H/^*C MUC_K^F_]&-5>OHEL#$-(:4TAH 8:8:>:8:8R,TPT\U&:H!AJ-JD-1M5(9&:B M:I34352 C-1-4K5$:M#(VI*4]:2F,**** "BBB@ HK;T;P?XB\0%?[*T>[N4 M8X$JQXC_ .^SA1^=>@Z1^S_XANU5]3U"ST]3U1Z[X*E4ZC"DEI(VV.[@):-CZ'/ M(/L1],U-/%4:CM%ZAIZU\&?"]UX8N-/TFQ2SOMN MZ&Z9V=MXZ;B2?E/0CWR!P*^9;^PNM+U"XL;V%H;FW=_&?X>_P!N:>WB/2X( M=_=E'YCCL!7F8/%2C+EJO1[,29RNG_'F72?"NFZ;;Z/]HOK:W6%YYY<)E1@' M:!D\ =QSFM7X:_%C7/$WCU=.UB6W%K=PN((88@JI(OS Y.6/RAA@GN*\%K1T M#59-#\0Z?JL8RUI<)+C^\ 02/Q&1^-=T\'2Y9VS[H_[X*5 MX?\ &/1#I7Q)O#%&1'?JMU& ,Y+<-_X^K'\:ZS]GG6C'J.K:([?++&MU$">Z MG:V/78IYF?HW"'_OJO/-9_:&OI0R:+HL$ M Z"6[UQE;X8V7]=PU/?)8TFB>*10\;J592."#U%?%.OZ4^A M^(=1TN3EK2X>('^\ 2 ?Q&#^-?37PC\8WGC#PQ<3:G,LNH6URT-&_L_QU'J*+^[U&W5R<<;T^0C\@A_&HP%Z5:5*0(\MHHHKV"C MU_\ 9Z_Y&[5/^O#_ -J+7T77SI^SU_R-VJ?]>'_M1:^BZ^?S#^.R'N%%%%<0 M@HHHH ^3-5_Y&/5_^OZ?_P!&-5:K.J_\C'K'_7]/_P"C&JM7T2V!B&D-*:0T M ,-,-/-,-,9&:C-/-,-4@(S4;5(:B:J0QC5$U2-435: 8U1$T]JB:J0QM%=- MX,\#:MXWU,VVGH([>/!N+J0?)$/ZD]@/T&37T7X8^$_A;PU$K&Q34+P#YKB\ M4.<_[*GY5_+/N:YL1C*='1ZL&['RK#975R,P6TTH'=(RW\JCEAE@?9+&\;#^ M%U(-?95YXP\+Z3)]FNM=TRWD3Y?*-PFY<=BH.15B*Z\/^*;1DBFTW5K;^)59 M)U'U'--.O0"1;DDPRGTYY0_3CV[UX_X0N;OP5\3-..H M1/:S6UT(+E)!]U7^5C[C#9!^AK=UH8FC)0>MA[GU/X@\0Z;X7TA]2U69H;5" M$RL;.23T& /_ *U>4ZQ^T-91EDT71)I_26[D$8S_ +JYR/Q%>E^.-&_X2#P3 MJ^FA=TDMNQB '61?F3_QY17QK7%@,/2JQ;GJT)(]UT;]H9GO5CUK14CMF.#+ M:R$LGOM;K^8_&O8;FWTKQ;X<:*3R[S3+^'(8=&4\@CT(ZCN"*^*:^F_@-=7% MQ\.WCF9BEO?2Q0Y[)M1N/^!,U7C<+"E%5*>@-'SUXFT*;PUXDO\ 1YR6>UE* M!R,;UZJV/=2#^->G?L\0%O$FL7&.$LU3K_><'_V6LSX]V\4'Q#CDCQNGL(I) M,?WMSK_)173_ +.<&(?$4Y'WFMT!QZ>83S^(KHKU'+!\SZI#Z$/[0UU-%J7A MORG,;0K-*CH2&5LQ\@^VT5Z%\,O'$?C7PTKS.!JEH!'>)C&3V<>S8_ Y%>8_ MM K)<>*]&MH4>24V9(C122@_"J'PQ\)>/='\2VVKV>D2V]KD)<"\;R1)$ M>HVGYO<'!Y KG=*$\)&[LUL*VA'\8_A]_P (WJO]MZ9#C2KU_G1!Q;RGDCV4 M]1Z26Z!,^DOA/K/]M?#C2Y&?=-;(;23V M*<+_ ..[3^->!_%[1O[&^)&I!5*Q7A%Y'D==_P!X_P#?8>NY_9XUG$NL:&[? M>"W<2Y]/D?\ FGY5:_:&T;?9:1KB)S&[6LK>S#LX6(SB&4GH$?Y"3]-V?PKZ<^(&C?V_X"UBP5=TK6YDB &27 M3YU ^I4#\:^.P2""#@CH17V?X1UD>(/"&E:KNW/<6RF0_P"V!A__ !X&JS&+ MC*-5 SXOHK>\:Z*?#WC/5M+"%8X;AC$#_P \V^9/_'2*P:]2,E)*2ZE'K/P! MUK[%XQNM*=L1ZA;DJ/62/YA_XZ7KO/CUHOV_P3#J:+F33K@,Q](W^5O_ ![9 M^5>!>%-6?0O%FE:FFX_9[E&8+U9GUN=>'P>(Q#M2@W^7 MW[&;^SU&_P#PE6J2;&V?8<;L<9WKQFOHFO/? ?C27Q-K4UFNGVUC9VUL6BBA MY(^91C/ Q] *]"KQZN)6)G[1*Q&,PE7"U?955:04445FJ_\C)K M'_7[-_Z,:J]6-5_Y&76/^OZ;_P!&-5>OHEL#"FFE-(: &&HS4AJ-JI#(S4;5 M(:]#\-?![5=?T^VU&XO[:SL[A!(F 9)"IY!V\#]:F=2%-7D[ >:&HVKV7QC\ M)=-\/>"+K4;*YNKB]MBKNTA&TIG#84#CKGDGH:X+P!X6_P"$N\606$I86D8, M]RR]?+7''XD@?CGM2AB(2@YK9#(?#/@'Q!XN._3;0+:AMK74YV1@_7J?P!KM MQ^S[J9ARVNV8EQ]T0L5_/_ZU=YX^\?67P\TVUT_3[.*2]DC_ -'M_NQPQC@, MP'.,C QG!Y&*\;;XS^-Q<^:-4BV9SY/V6+;]/N[L?C7/">*K+FIV2#4R_&' MPZU_P8JSZC%%)9N^Q+J!]R%NN#G!!^HKF]*TRYUK6+33+-0UQ=2K$F>@)/4^ MPZFN@\)'!!;Q@);PD[-_\3\]S^@X]2>U^ 'AW[7K][K\R9CL M8_)@)_YZ..2/HN1_P,5U.I.E0"O"\=C;LD5K:QF2>=^-Y R M\C?E^ '05\\_$/XL:GXINYK+2YY;/15)540E7G']YSUP?[O3US7IWQYUV33 M?!<&FPL5?4I]CD?\\T^9A^>S\,U\TURX"@IIUIZMB7<*GLKZ[TZ[CNK*YEMK MB,Y26%RK+]"*@HKU&KE'5ZI\2_&6L0B&ZU^Z$87:5@Q#N'OL S^-2:V]&\'>(_$!4Z7HUW<(QP)1'MC_[[;"_K7H>B_L_:Y=[7U?4;6PC/ M5(@9I!]>B_J:YY5:%%6ND(]M\%:S_P )!X+TC5"Q>2:W7S6/>1?E?_QX&OE; MQYHIT'QUJ^G*FV-+@O$H_N/\R_HP%?0/PMA'A^Y\1>#FG,ITJ[62%GX9HI4# M#C\,G_>JWXN\2:3X,\4Z;?ZII5L;:_1HFU%( 9H'3&-QQDJ0W0)?%,\;FTDT_3V(+7=TA4;?]E3@M[8X]Q7TSHVE: M7X,\+Q6,,BP6-E$6>:5@,]V=CZDY-:EMPEZG=]3CT[X3J3QE10D[+^OQ#)AXM\ M9WVJQ;A;$B.W#=1&HP#[9Y./>O9/V>K?;X1U2YXS)?\ E^_RQJ?_ &:OG2OI M[X$P&'X;J^/]=>2N.?HO_LM=N.2AA^5>0WL>@7MWINF WM_<6MH-NPSSNL?' M7&X]O:N&UGXV>#M*#+;W4VHS#^&TB.,_[S8'Y9KQWXV7!F^)^H1ELB&*% /3 M,:M_[-7GE8T,OA*"G-[B2/H;P]\>+?5_%,%C?::FGZ?/^[2=IM[*YQM+' 4 M]/;(YKN?'_@JV\;^''LGV1WL69+2(?S9>_J.>QI8K"^QM5HZ6!KL>2?#V\N?"/Q3T^*^C:WD6 MX-E$KW2Y"=UC<[DS_<<9 MP/\ @08_B*PUF^%'AJ1FL='FUJY!R'G!:/Z8? Q]%-1WWQ?U@PBVT>QLM+ME MXC6- Y4>@S\O_CM3CI1R;&5MH67GI_P?P.@^)'PHO/&/BJ'5[&[ MM+.W-LJ7+S[LY4G! Y^7 Y(Z5SD?@+X:>&^=;\13:O<*>8+8X5O8A,D?BXK MD-3U_5]98G4=2N;D9SMDD)4?1>@_ 5G5Y[S2NH*$'9(]FAPU%:UIW]/\W_D> MEI\1?#WA]=GA/PE:VS 8%Q.H#GZXRQ_%JP-5^)'BK5K25F>G?!G_D8[_P#Z]/\ V=:]KKQ3X,_\C'?_ /7I M_P"SK7M==^&_AGP'$W_(PEZ+\@HHHK<\ **** /DS5?^1CUC_K^G_P#1C56J MQJO_ ",FL?\ 7]-_Z,:H%;:ZM@'!S@]#7T2V =%#+/(L<,;R2-P%122?P%6M M2T35-)B@DU&PN+59\^69HRN['7@_45]->'[;2H](M;G2K&WM8+F%)0(HPN0P M!Y(ZGZTWQ+X>M/$VB3:;=C ?YHY ,F-QT8?YY!(KS_KWO6MH!\J&HVK2UK2+ MO0M5N-.OH]D\+8/HP[$>H(YK,:O1BTU=#(V-?6>AE=-\&::9/N6VGQ;OHL8S M_*ODU4:658U^\S!1^-?5WBJ1-/\ !&L.I*K%I\H3Z["!^N*X6PCA*XZ89PWZ@5W/PIUC^ MU_A[IY9MTMIFT?VV?=_\<*UQ-WJ$7@'X\3S7!$6FZS$I=B>$+_Q'_MHISZ!C M7/3C)*I1_K0#B?C8TH^)=X)"=ODP^7G^[L'3\2<'IUZG4OBI;Q?%G3 M?#]O.ITU2UM=RC!#3OC:,^BL "?]IO2N3&5'7?LZ>MM6)ZF#^T7!(UKX>N / MW:/<(Q]V$9'_ *":\%KZ^^(_A0^,/!EUI\0!O(R)[7)Q^\7.!^()7\:^1)H9 M;>>2&:-HY8V*NCC!4C@@CUK?+JBE1Y>J&MCVCP%\%](\0^'K'7-0U:YEBND+ M>1;H(]I#%2I8YSR#T KU?1_AYX1T!0UGHEH'49\Z=?-<>^Y\X_#%?.7A[XI> M(O"_AO\ L72VMDC\UI5FDCWNF<9 R=N,Y/0]:P]8\6>(/$!/]JZO=W2DY\MY M"$'T0?*/RJ*F%Q%6;YIVB%F?4VL_$GPCH6Y;S6[9Y1_RRMSYS9]"%S@_7%:7 MA?Q):^+-$CU>Q@N(K65V6/SU"LP4[2< GC(/Y5\<:;IUUJ^IVVG6,1ENKB01 MQH.Y/\A[]J^Q]"TRU\)>$K2P:5%M]/MOWLIX' R[_B3$T>8 MQ:XNF?M+WMN7 BOH([5\] WDHZ_CE0/^!5TWQHT;^UOAS>2HN9;"1;I..P^5 MO_'6)_"OG75?$T]YX[N/$T&5E-]]JA!/*A6R@/T KZ\_P!$\0:#W>RU"U^A M:.1?\#6F)@Z$J<^R7X SY:\!?$K5?!%R(ES=Z4[9ELW;I_M(?X3^A[^H^F-% MUW0_&VA&XLWBO+.9=DT$J@E5#*GH=^ P^G/I75B\-3FO:)V?YC:.F M^(GP4FL/-U7PK&\]KRTMARTD?NG=A[=1[]O3/A%;FV^%VBH5VLRRN<=!Q5_1_@=XMU%1)>K:Z7#C)-Q+N;'^ZN?U(KIM2^,FM3ADTNSM- M.C8DY"^8^3U.3\O_ ([7*M?^)/&&HQV37=YJ$\S?)"7.T>IV_=4>_ IRSF48 MJ%..Q[%+A_$-F'?&94!964_PGT().1P<4>RDI)2T)>; M8>5"=6@^9Q5[;/\ $XOP_P""]:\17YM;6U,6U0\DMP"BHIZ'IDYP<8!Z&NI\ M,_">368IIKS5%@6"XDMY(HH]SAD;!!)P!Z]^M>R:SJMEH&F7&JWN5BB4!RBY M9N<*H]>3^M<3\.O%<&N^)?$"00-;1W#)=QPL^X@@!';\3L/XUM[*$9*+/%EF M^.Q%"I6I1Y8QMKOZ[^M]M#1\*_#K2/##W%W.[ MT#4;>;'ER6TBMGH/E/-?*R5EB(*,M.I['#6,J8BBX5'=QZ^3/3?@S_R,=_\ M]>G_ +.M>UUXI\&?^1CO_P#KT_\ 9UKVNNC#?PSY[B;_ )&$O1?D%%%%;G@! M1110!\EZK_R,NL?]?LW_ *,:J]6-5_Y&36#_ -/TW_HQJKU]$M@9] _"75/M M_@J.V9LR64K0GUVGYE_]"Q^%6;SQ)_PCOCU=-OY,:=JD:R02-TAF'RE?H< _ M5L]S7 ?!C5/LWB*\TUVPEW!O4>KH<_R+?E74?&?2_M?A:WU%5R]E/\Q]$?@_ M^/!*\J=-+$.+V?\ 7Y@:/Q(\$KXITG[59H/[5M5S$>GFKW0_S'O]:^<959'9 M'4JRG!!&"#7OWPN\<_VW9C1=1ESJ-NG[J1CS/&/YL._J.?6N?^+O@78TGB;3 M(OE8_P"FQ*.A_P">@'\_S]:WPU1TI^QJ?(9Y=X=M_M?BG2+;&?-O84/XN!7T M5\49S;_#;6G'>-$_[ZD5?ZUX1\/+?[3\0=$CQG%P)/\ OD%OZ5[#\:[CR?A\ MR?\ /:ZBC_FW_LM5B=<13C_6X'(_ 36-FH:KHSMQ+&MS&">ZG:V/LHHW6\S6\A YVN,C/L"I_[ZKS#P!K T/QYI%XS!8C.(92>@1_E M)/TSG\*^C_'VC_V[X$UBP5=TC6YDB &273YU ^I4#\:FO^ZQ49]'_P ,/J>( M>"/C1J'ANUBTW5X'U'3X@%C=6Q-$OH">& [ X^N.*]$'QY\'&+>5U(-C.PVX MS_Z%C]:^9WIE=M3 T9OF:L.Q[#XQ^.U[JMK)8^';633X9 5:ZE8><1_L@<(? M?)/IBO'\G=NRFQZ5J,P76[=,'O\ M#GV/%?+UO<36MQ' M<6\KPS1L&22-BK*1T((Z&O8/"OQ\U&QBCM?$-E_:"+P+F A)<>Z_=8_]\_C7 MGU<)4IS]IA_N%;L<"6TD5PWX9##\0*=I/P>\::I,%; M2_L4><&6[D" ?@,L?P%?27AWQ5:^)8!-:V.IVZ%=P-W:-$&^C=#^!K2O]4T_ M2XO-O[VWM4QD&:0+GZ9ZUA+,:T5:228TI2=DM3D? 'PRTSP/$;C?]LU61=LE MTRX"C^Z@[#WZG]*X[XJ^-;O7?-\'^$X+B_E8[;^6TC,F /\ EF"O_CQZ=O6N MHUOXL>%H(I((A/J61@I$FU&]0Q;&1^!!KAKSXO:FL'V;1--L=*ME^X$0.5^G M 7_QVN!8Z$:GM)^\STZ&38VMKR6]=/\ @_@);:9"1DFYERV M/]U<\_7%>QZ7XC\/^!O#%EHM_P"(X;Z>SB\O=;IN8@$X& 6Q@8')[5XAJGB3 M6M:)_M'4[FX4G.QI#L'T4<#\JRZRQ.9U:^C6A[-#AI;UI_)?YO\ R/5;WXH: M#9W]Q>Z%X6M_MLSEWO;E%5V8]2=N2?\ OH5S&J_$SQ5JNY3J)M8S_!:+Y>/^ M!?>_6N1J[I6CZAK=X+33;22YG(SM0=!ZD] /EEF"PRYN1:=7K M^95EFEGE:6:1Y)&Y+.Q)/XFNU^&&A:+XAUZXL]7A>4K#YL*"0H&P0"#CD]0> MO8TR;X4>+H;Y^ZW)]JZ+X1^&DTSP[_:T\6+V^)P6'*1 X _$C/OQZ5W]TT$5 ML\]RH,4(,A)3=C SD#KGZ5%IFI6VKZ;!J%FY>WG7!6':=KZOOUL>?_ !%^)$_AV\_LC2%C-Z$#33.-PBSR !W..>>,$?APNF_% MOQ193E[JXBOHVSF.6)5Q[@J!C]15'XF6L]KX_P!3\[)\UEEC8]U*C'YV1T-XK6-U1O'< M\;$^QJYO[/$/W%9>6VWWB>!OBE-X@U==*U:U@AGFSY$L&0I(&=I#$]@> M-;>*PN-)\4 !)M.ND2:0=3!(=C ^N-V1]3ZUYW\// .M#Q-:ZEJ-G-96MFWF M?OEVL[#H .O7G/3BNY^+5_#:^!9[9R/,O)8XXQGGY6#D_DOZBG%R=-N1.)H8 M>.94Z>%VE9.VJUT?X&[XSTO^V?!^IV2KF1H2\8 Y+K\RC\2,?C7@_P /=4_L MCQOILS'$ORMDGW! M-?/&NPV]EXCOH[">.6WCN&,$L3!E*YRN"/;%17>L9H[,BIRE"O@JGG_D_P!# MZ8UK1;#7],DL-1A$L#\CL58=&![&N:T+X7>']#U)+]#A(^8?@9EF%QE?VF&I5.6VZU]'_P3U3XE>*[?0_#T]A%*IU&] MC,21@Y*(>&<^G&0/?Z&OG]:)II;F9YIY7EE)O\ D82]%^04445N> %%%% 'R9JO_(QZQ_U_3_\ HPU6JSJO_(R:Q_U_ M3_\ HQJK5]$M@9J^&=4_L7Q/INH%MJPSJ7/^P>&_\=)KZ4\0Z8-:\.:AIV 3 M<0,J?[V/E/YXKY5-?3G@?5?[8\&:7=ELR>2(I/70,C#JK"OI3P=XJL_&OAXRLD?VA5\J\MCR 2.>#_"W./Q M':O"/B%I7]C^.-3MU7$'.! M*AZCZ]P>QK:M25>FI1WZ#/3]'\!2>%_C!93VR,VER1S2P/@GRSL(*$^HW<9Z MCWS4GQ[N=GAS2K7/^LNS)C_=0C_V>O3=)U6SUO2[?4;"426TZ[E/<>H/H0>" M*\;_ &@;L?:="M<\JDTAY]2@'_H)KEH3E4Q$>;=?I<.IXLQ(.0<$=#7V#X3U M@:]X3TO5-VYKBW4R'_;'#_\ CP-?'+R#M7T?\#9[\>#9K*^L[J!(;@M;R2Q, MJNC#/RDCG#!OSKKS&%Z:EV&]CP3QMHQ\/^,]6TP(5CAN&,0/_/-OF3_QTBL" MOI3XB?#72O$7B./7=2UZ'1X#;K'*KA=TC*3R"6 '! []*YN*'X3>%_\ 465U MKURO1YP67/H0=JD?\!-']J484US/4Z:&%KU_X4&_D>-:?I6H:M/Y&G6-S=R_ MW((F<_H*[W1_@AXOU(+)=Q6^F0D9+74H+8_W5R<_7%=1>?%[44@^RZ%I=CI5 MN/NA$#E?IP%_\=KCM4\2ZWK1/]HZG>*I&BT\W*J3S'IT)7;_P(98?G M3[?X3^+]38SW?V>"1ADF[N"S'Z[0WZU[E>W^FZ#I_G7&+6<1PB]NUSS)%" H_P"^B#^E9NG%?'(Y*.8XF:M@:"BO)7_'1'E7 MB+X>>(/#5N;JZ@CGM5^]/;,75/KD @>^,5RM?6=C>V6NZ1'=V[+/9W4?&Y>& M4\$$'\017CWASP#;/\4M2L+A-^GZ8PF$;IW8#.W M.%18E6E!7]>GWW.7T+X=^)-?MTN;:S6&V<96:X?8&'J!U(]\8J[JGPG\4Z9 MTRP07J(,M]ED+-^"D G\!7K'C;QY!X0%O:PVAN]0G7='"#A57.,G\S^L\D5#SZ_C M<\S^$NBZ)K%_J-OJU@EQ=P*LD0E)P%R0V5S@\[>H[UZS='0?!MA>:HT$-E"^ MWS/)CQN(&%4*/Y>Y-8VMZ9!H?CC2/$ENHC6\E^P7H7@.7'R,?^! _A4WQ/T MPZGX#OM@)DMMMRH'^R?F_P#'2U7%+O/73S,DL&"\4ZA6VG^(8)!'XUYU\8+.XTG58-3L)YK>/4H_+NEA9U*;ONCJ>'AEV9PC'X)=_/3\'J;OA?5!KGA73K]CO:> M >9D=7'RO_X\#7'> M:BT76=2\%7LFQ[:Y[A!$-R@R5![$=Q[?KUKSN MV^"&H&[ NM7MEML\M$C%R/H< ?G6?H?QAUS3(4@U"&+4HUX#NQ23'NPR#]2, MULW/QRD,6+70560C[TMSN /T"C/YBIC00:/X& M\,%5(M[&T0LS,ONQ/^ KE-&^,>A7D0&J1S6$P/)"&1"/8KS^&*\C\1>+ MM8\4SK)J5SF-#F.",;8T^@_J&;2%C9O<7\N/E6.(H,^Y<#'Y&O'?%'BF_\6:G]KO2$1 5AA3[L:_U)[GO M^580IPK*=64]SU<#E&&PFKR[O<=O&H]*@L8IY(G8QRRN=JJ3G&T=>2>]C4E5IQM*6[]0IXIE/%2=D=STOX,_\C'?_P#7I_[.M>UU MXI\&/^1CO_\ KT_]G6O:Z]##?PS\ZXF_Y&$O1?D%%%%;G@!1110!\EZK_P C M+K'_ %^S?^C&JO3]8F">)M8!_P"?Z?\ ]&-6>]VH[U]&D[(9<)%>R?!'5Q+8 MZEI#,,Q.MQ&.^&&UOR(7\Z\ITGPEXHU_:=.T6[>-NDLB^7'_ -]-@'\*]/\ M W@74/ FK?VYKVN:=9Q-"\;0;\[P<'!9MH&" >,]*Y,7*G[-J4E<:BV[(J_' M;3?*FTO6%7AU:VD/N/F7^;_E7CUK;WNIS^1I]G<74Q_@@C+G\A7T!XH^(?@B M[MQ:7D#:TL;B18EA_=AQD Y;&>I]:Y&Z^+M_#!]ET'2;#2K8?="H&(^@ "_I M7#3S.%&FHVNST\/D^,K:J%EYZ?\ !_ VOA'H7C7P_/*FI62V^C7"ES'/, Z/ MCAE49QG !!QV/:K_ (\L? >L:S!J'B+7&9K:$1+9VDNX'YB3NV@L"*-S0X:6]:?W?YO\ R/2X M_'?A'PYQX5\(PK*OW;FY #C\?F8C_@0K%U7XG^*M4W*+\6<9_@M%V8_X%RWZ MUQU%IVB+NE$7FQ #)+)\P ]SC'XUX9I/PW\4 MZL5*:8]M$W62Z/E@>^#\Q_ 5]$:3J$>K:/9ZA'C9^&_$#22V4$Y2"Z(R\<9Y7=_>&TCGJ/>NJK&+:E(^.RO$XNC2J4:$4Y M+6SW[.WX'?>&=&C\*^%K73I+D.MLC-),QVKDDLQYZ 9-/_ !7- M"1BZ\EX?]I(@8]WXY4_C7::OI>G^*]!:TFF:2SN%#++;RXSW!!'!'UR*\1U/ MPSX@^&FN0ZQ:'[1:Q/\ )GIZ'-.HW"S2T1G@*=/%1K1J3M5 MGM?3K?\ -'LWB77=+\+VPU>_M978XA$D$ 9\I[UQ=C\2]9\5ZJ-, M\-:1!"Q4LUQ>NS*BC^(A1QZ#KR16[HOQ'\,>(;+R[JYALYG7$MO>$*I]0&/R ML/\ .*MW'BOP=XQCJ<C+R/U(KYW\;^,;CQ?JXG*&&S@!6VA)Y /5C_M'C/T ]ZS1XFU MM=+BTQ-4N8[*(%5ACQ[&)R^CBG"5;5Q^1I:/K^J:!+-+I=VUM)-'Y;LJ@ MG;D'N.#QUJO?:E?:G-YU_>3W4G]Z:0N1^=5:*F[V.M4X*7/97[]0HHHH+%I: M2EI%(6EI**1:'4M)106F.I***0[A3Q3*4&@:9Z=\&/\ D8[_ /Z]/_9UKVNO M%/@Q_P C%?\ _7I_[.M>UUZ&&_AGYYQ+_P C"7HOR"BBBMSP HHHH \,OO _ M@73=5O;_ ,1^)I);B>=YFLK? ,99B=C!=S9&<9^7\*%\=>#_ Z<>&/"41F4 M_+HX:C15J44O1!1112-@HHHH **** "BBB M@ HHHH **** /H#X/ZK]N\&?8V;,EC,T>.^QOF!_,L/PKB/C/8Q0>*;:\B9- MUS;@2J&!8,O&2.V5*_E7 V>JZAI\,T-E>W%M'/CS5AD*;\9QG'7J?SJJ268L MQ)).23WK652\%$\>AE3HXZ6*4M'?3U_X)U?A#Q]JGA)S%'_I5@W+6LC8 /JI MYVG]#Z5HZS\6_$.JQ200K:V=O("K*D0G_LZU[97G/PF\,7& MDZ9<:G>Q-%->;5BC=<,L8YS_ ,")Z$?P@]Z]&KT*":@KGYWG]:%7'S<'=*R^ MY:A1116QXP4444 ,FABN(FBFC22-AAD=00?J#65_PB?AO_H7]*_\ H_\*V** M329<:DX?"VC'_P"$3\-_]"_I7_@%'_A1_P (GX;_ .A?TK_P"C_PK8HHY5V+ M^L5?YG][,?\ X1/PW_T+^E?^ 4?^%'_")^&_^A?TK_P"C_PK8HHY5V#ZQ5_F M?WLQ_P#A$_#?_0OZ5_X!1_X4?\(GX;_Z%_2O_ */_"MBBCE78/K%7^9_>S'_ M .$3\-_]"_I7_@%'_A1_PB?AO_H7]*_\ H_\*V**.5=@^L5?YG][,?\ X1/P MW_T+^E?^ 4?^%'_")^&_^A?TK_P"C_PK8HHY5V#ZQ5_F?WLQ_P#A$_#?_0OZ M5_X!1_X4?\(GX;_Z%_2O_ */_"MBBCE78/K%7^9_>S'_ .$3\-_]"_I7_@%' M_A1_PB?AO_H7]*_\ H_\*V**.5=@^L5?YG][,?\ X1/PW_T+^E?^ 4?^%'_" M)^&_^A?TK_P"C_PK8HHY5V#ZQ5_F?WLQ_P#A$_#?_0OZ5_X!1_X4?\(GX;_Z M%_2O_ */_"MBBCE78/K%7^9_>S'_ .$3\-_]"_I7_@%'_A1_PB?AO_H7]*_\ M H_\*V**.5=@^L5?YG][,?\ X1/PW_T+^E?^ 4?^%'_")^&_^A?TK_P"C_PK M8HHY5V#ZQ5_F?WLQ_P#A$_#?_0OZ5_X!1_X4?\(GX;_Z%_2O_ */_"MBBCE7 M8/K%7^9_>S'_ .$3\-_]"_I7_@%'_A1_PB?AO_H7]*_\ H_\*V**.5=@^L5? MYG][,?\ X1/PW_T+^E?^ 4?^%'_")^&_^A?TK_P"C_PK8HHY5V#ZQ5_F?WLQ M_P#A$_#?_0OZ5_X!1_X4?\(GX;_Z%_2O_ */_"MBBCE78/K%7^9_>S'_ .$3 M\-_]"_I7_@%'_A1_PB?AO_H7]*_\ H_\*V**.5=@^L5?YG][,?\ X1/PW_T+ M^E?^ 4?^%'_")^&_^A?TK_P"C_PK8HHY5V#ZQ5_F?WLQ_P#A$_#?_0OZ5_X! M1_X4?\(GX;_Z%_2O_ */_"MBBCE78/K%7^9_>S#?P;X9D;+:!IHXQ\MLB_R% M36GA?0+&99K71;"*53E76W7<#['&16M11RKL#Q%9JSF_O84444S$**** /_9 end EX-101.SCH 4 mgrc-20220428.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000 - Document - Template Link link:presentationLink link:calculationLink link:definitionLink 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink EX-101.LAB 5 mgrc-20220428_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Entity Central Index Key Cover [Abstract] Document Type Document Type Amendment Flag Amendment Flag Document Period End Date Document Period End Date Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity File Number Entity File Number Entity Incorporation State Country Code Entity Incorporation State Country Code Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address Address Line1 Entity Address, City or Town Entity Address City Or Town Entity Address, State or Province Entity Address State Or Province Entity Address, Postal Zip Code Entity Address Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Written Communications Written Communications Soliciting Material Soliciting Material Pre-commencement Tender Offer Pre Commencement Tender Offer Pre-commencement Issuer Tender Offer Pre Commencement Issuer Tender Offer Entity Emerging Growth Company Entity Emerging Growth Company Security 12b Title Security12b Title Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name EX-101.PRE 6 mgrc-20220428_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 7 R1.htm IDEA: XBRL DOCUMENT v3.22.1
Document and Entity Information
Apr. 28, 2022
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Apr. 28, 2022
Entity Registrant Name McGRATH RENTCORP
Entity Central Index Key 0000752714
Entity File Number 000-13292
Entity Incorporation State Country Code CA
Entity Tax Identification Number 94-2579843
Entity Address, Address Line One 5700 Las Positas Road
Entity Address, City or Town Livermore
Entity Address, State or Province CA
Entity Address, Postal Zip Code 94551-7800
City Area Code 925
Local Phone Number 606-9200
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Security 12b Title Common Stock
Trading Symbol MGRC
Security Exchange Name NASDAQ

XML 8 mgrc-8k_20220428_htm.xml IDEA: XBRL DOCUMENT 0000752714 2022-04-28 2022-04-28 false 0000752714 8-K 2022-04-28 McGRATH RENTCORP CA 000-13292 94-2579843 5700 Las Positas Road Livermore CA 94551-7800 925 606-9200 Common Stock MGRC NASDAQ false false false false false EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.22.1 html 1 22 1 false 0 0 false 0 false false R1.htm 100000 - Document - Document and Entity Information Sheet http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false All Reports Book All Reports mgrc-8k_20220428.htm mgrc-20220428.xsd mgrc-20220428_lab.xml mgrc-20220428_pre.xml mgrc-ex991_6.htm http://xbrl.sec.gov/dei/2021q4 true false JSON 14 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "mgrc-8k_20220428.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "mgrc-8k_20220428.htm" ] }, "labelLink": { "local": [ "mgrc-20220428_lab.xml" ] }, "presentationLink": { "local": [ "mgrc-20220428_pre.xml" ] }, "schema": { "local": [ "mgrc-20220428.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-roles-2021-01-31.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-roles-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-types-2021-01-31.xsd", "https://xbrl.sec.gov/country/2021/country-2021.xsd", "https://xbrl.sec.gov/currency/2021/currency-2021.xsd", "https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd", "https://xbrl.sec.gov/exch/2021/exch-2021.xsd", "https://xbrl.sec.gov/naics/2021/naics-2021.xsd", "https://xbrl.sec.gov/sic/2021/sic-2021.xsd", "https://xbrl.sec.gov/stpr/2021/stpr-2021.xsd" ] } }, "elementCount": 23, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2021q4": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 22, "memberCustom": 0, "memberStandard": 0, "nsprefix": "mgrc", "nsuri": "http://www.mgrc.com/20220428", "report": { "R1": { "firstAnchor": { "ancestors": [ "p", "body", "html" ], "baseRef": "mgrc-8k_20220428.htm", "contextRef": "C_0000752714_20220428_20220428", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "100000 - Document - Document and Entity Information", "role": "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "body", "html" ], "baseRef": "mgrc-8k_20220428.htm", "contextRef": "C_0000752714_20220428_20220428", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address Address Line1", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address City Or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address State Or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation State Country Code", "terseLabel": "Entity Incorporation State Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre Commencement Issuer Tender Offer", "terseLabel": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre Commencement Tender Offer", "terseLabel": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Security12b Title", "terseLabel": "Security 12b Title" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://www.mgrc.com/20220428/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 15 0001564590-22-016431-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001564590-22-016431-xbrl.zip M4$L#!!0 ( && G%2!*R/1M00 %H6 1 ;6=R8RTR,#(R,#0R."YX M!*X_ )BA)")L;77ZY^P!Q[&*_^08:@*808F!^4U!Z(>A MXP^=N[@7LYO*PP?H'H M.]Q@,)]5&(/Q"H;^2/T)5T.T'K^_#*)@'.$P&$^B %Y4D2;ICI/-HP1OT%L# M49V7,4PIWH$[PB!#!%)P;T_Z#LP9TY% M@XEIA,GUH/#<=L6I*S!R-\F3IPB>LAC\& X*5A4BN4NQ*/G74*S,E"2&BS@+7ILMJ I=0L$G3FQ@KH1;Q-2EL5AD]+05U@E9H*L*'8T&^8F1843ZC(I_;^!,&UTOR8T M6&20(-%\9$,Z.O0^&7095<]]X:F2DBKCL.5'2<8DWS6K+X@U Y2P[V?T:_(* MBE+_]HC_^<)P!Y/)Q#/4$DK&N>HEI[ 4U!J8>,-13;G>,*U"UYD_#-];SDCR M@[RL85=D3Y--'+7[M0TH)2>K3.*[A,4$H2^$8=.E%XQ]KO6&81N!MC\Z9;FY M<[2S*8Z-GF\4+4#\5Z=IC^QDM=L/1W^Q7[]N>^='0BLV@>AZ3P3CMGUB4M/EX+VR._7]$HQ&*<,;-8%&O8!5%;P"$/D2 M$)TZVHDA)%^VSY3J^-+3N!WZ]**]X?VHV-'LT7#H82J%&6WW@]LI""QT<4;3H^!5 M 77.%ROS\R!USIC&AVL%$F0LD0:'V;.[:4K8.BFVU*:>)J?Z; ]*&2!J!G_ ML;HK)%Z81XHF_;V[,>N48Z&4&,]4I N6&\1N%*U?%S;(<&:@'SP1= MB6"ZV,.SLI)(+;S09!,E\0Y 6JK6J7L]$*IN:/F0^=^/JU*AZW$/LZ?YU%\J M7)T/7Q9CN]*3<)NP)-[E^&R-V+^W+/K(%*K=7%4]CPVB@2GSI6+_UHK]7&T& M#<59+B&+0*X.5/1U*]?>1=>_SON7ZY5WV&.+G6HOSK?RJ^+F7U!+ P04 M" !A@)Q4AO*Z7@0' !220 %0 &UG#? M5[)-8H-L_"$6Y07C2.=/;C#Q]^=^B)_0!18^86+.T<_# M3V_!E]_NK\$UIM]&4"!PP?SY%-$0.. Q#&<]UWU^?FX'8TP%(_-0LHNVSZ8N M<)P5=)\CJ/X!+F"(0/37 ]U.M^MT#IWNT4.WVSLZ['6]]LE1IW/L'?W2Z?0Z MG13 G_&P0.JO!X[:G;;7?G_X/M7P#OK?X 2!P46JH7<\@MW.D7SIC@[]\?&O M[[W .PY0USL^"3QXD(Z4S98<3QY#\+/_-@I1CI=21 A:@BM,(?4Q)&"X&ND[ M,*!^&YP3 NY5-P'ND4#\"07M!)5(W7ID)9[,$171V]-62KW%B),VXQ.WV^D< MN*O6K:3Y8J/]\T'4VCLY.7&C_[XT%5C74,)Z[I=/UT/_$4VA(U,E7> K H%[ M(CIYS?PH1R7B KDMU#MGUOU\/\CE M/'%5"Y>BB31.< U'B,B8(XA'CL;Z?H3S3#<5QXF*PSM6<;S1H87+F:P'@:K"!187: SG)-P, M4\C.48P;"'*:\EQ$0J'.*#CAJ%-.QTLNO6\TP/F11[&HZ3YIJ1 +9H4X_G@. M2B&C18AH@)++_@LV\_,')I#?GK G-T X&M-_A^K0B0^C<DE.8YBO\Y>-E8+??Y:U(K,\ M(6P1E%32LKD5SR5+H)BN")R4]>):IWK:94#,N_$%'BC\_=M1+S3+U<(:44DU M/(6MH:DZO,($WJL2!6;%";5 MQ35EU@'U&9\Q'GW ,0SE1-5G?%M:9 G)!FB0C!W1G92/Y0);0 MLJEB6ZI8:?6L30MIFA%397$>!#)^D;Q<8XJ\:B6A!6BBNP9P9Z60D+Q;':A' M11"XI=9,'47I8:54LS(51)>%3!*\[V;]OCR\Y0_LF=8R?KJ[ :U?X79O>L4% M& >*S3+#:Y*BL_NZ6A8F0&_U2/K;;=(;=GJT[+KE=YP]8>I7W#WD81B0? US M]\:/UY_2^2M*R]R?ERA="6C%LS4I^F*(TW%;)AV&*^*.B1"2O_&L^FY:CV! M^ SB[FLAI@.2SZH]DM_L5T_"=1SSQHP80$1A MS7V67-59D2HV*4RJB]ON)J@4S[]V$!F1Y M]N_?XD2PK1I9)SJIIW=S2P\9P3X.,9U\DHMPCB$IZV==SWJZ;B*9=_(K!UB1 M[-_&!>*S8FGL$IK4T+BY=>\X4G6"I,31@YCJF7U^.QZ77T04(=13.!_1O*4E ME^.GR$#,!B*Z_9N[1'I8.='L3 5YR0+H5\^"=-71XZ.-N(3.47]SMES^"CCF4%:\3M8.1!- M;C=I(7=V\V_%!F(ZD/#MOS;*I(B5U,W2=)!FF3"PXD?^7&XSEEYW](!#4OH6 MX&:_FHO0-9P=K/43!B I0,2Q?V?GJLZ*5+%)89(5MX2VS;WZP*'Z$9#AF:YWJ:9@!,6_1!![$^/NWIUYHEJN%-:*2:GJ:NWQ>+OQ'.5A4Y;L<^K[- MBCR-M<-+Z8K&DN]R%&:!;5/(-L5));'3)Z[ED?JIGN04CG^^YNQ_4$L#!!0 M ( && G%2,UW&I]00 *(K 5 ;6=R8RTR,#(R,#0R.%]P&UL MY5I;C^(V%'ZOU/_@IB^[:G,%9A8T[(K.I4)E9A#0=M6757 ,6./8U ZW?]_C M0 @,80A34E7*/$R G,MW/A\?'SNY^;(,&9H3J:C@3<.U' ,1CD5 ^;AIS)3I M*TRI@53D\\!G@I.FL2+*^/+Y^^]N?C!-=/?0?D(M'-$YN:,*,Z%FDGSH/WY$ M7W_I=5"'\I>AKPBZ$W@6$AXA$TVB:-JP[<5B804CRI5@LPB\*PN+T$:FF9B^ ME<37-]"='Q$4_S60YWB>Z51-KS;PO$:MVO!M7=I&*Z4K2\21"'_#'&"+$RSEAC*S0 ^4^Q]1GJ)]$^C-JXY3L1-I8R.^/)!?5&)I MMUZOV_'=K:BB68)@UK6_/G;Z>$)"WX2A@BS VH&B#17_V!$X'J,F;%M98J,( -A-9\2,%(CXR0OO[>:^_Y#,<2QPFDV7>JWB=;2]D# M$DX9I$]G'6UL9B+)J&EH!3,1UIY^S)*-5E/(>$7A#L1MOQM,Y"\%%^%JC2J9 M#,FUQ8-['M%HU>8C(<.8T5-H>V#HVSF&CH"]X[4R!MSAK%,'66,SM@%#MT?V[JC^:ZX\Q,_#U6Y_@F00? M]TL\\?F8//DAV2>"ZZ\S="\ M.+P_869 $=5\S#A=+Y@J+\(CRA<'J5=RUIU A_DY -^R4"S]6*";"W11Q'T7U'T#!8$=^,MV %69CC8%Y;PI?\)( M0:!ARR3D5,C85YQ_MV+&([DZ?]:=,%50 ^4G5E;#_4*@G8+XRA]UH9%>OD; M.;.?.E N"&2/C*D"3SPZIYO/UKTXQ&1WTX4F0L &)]"'%GDQ'E&^.,@6. FT MHP?FC_.">Z54&',#P'$N86N=RS<<8DYD:Z@3!D>Y.XY]I7U0NUOLEL1[)GV) M$W/P\6!_O7]6LI&PI[X$>R:>4+;=FH^D"#.Q;+R)+/*$A,:\:;B.XSJ6XQAH M"CFHMW)-PS/03 $8,=6P=6L,84 '+TG06<=]%&:,$1IJ16+)_S,=K_([Y:-2 M3CZ.%*.4EUHY>2%):KLM,RT$/D/)2+S,ON[W;EA*WI)4V5_.=LE32^GMB M=Y7R4^HZG+E=3KDI=3'../5(F2EU.3YV>K6EQRMU:K]C]H,S6WH!8[MO,.T+>80'-3W3PV M,/=.[9W!T7AJIGU M___(?_W[TGX9!3K^V+\F)J_@].^72 M]4,Y%&SOYF*?M .?!XS\\5OG.SD-W>& !8H8I*]4U"P6'QX>3*_' QGZ0P7C M2-,-!T5B&&G'+<$H%I!3JAC1_YK$L1S'L,J&4[EUG&:EW'1LLU&QK*I=^2_+ M:EI6IH-_QA,@F7]-4C$MTS9KY5JFXC5U?] [1MJGF8IVM4L=JP)_G&[9[57K M-=NSJQYS[&K#LVDI"VD8C02_ZRNRY^YK$&&^0'SXT(&:_C&#,5=T;&L4A$P MJ& 5LC4]YX:9"M7BW%A6G5P)]QEIS* TUBI@1?>%[%$-QA7%6H>3..B62,( M-;/!K*K2KH#N]%H%'7IF.>4F"LKC2*4IA6G MNLQ+%19WJ1Q+%9=AV;%KS\EA7&,,L^2S((:J=O&/B^\W;I\-J#$IO/QQW@@V M2CKJ4U2G8\8#+3, )IJ(2-)"]4 PT 1'D MBF$YAE/-=&( E^0Z2KGFI7[J3W(YGQ%0:Q:T^F34P[\#IJBV-P;[:\COCPNM M, !N4\8MS+% W/CIN*" "8NZ-2EB.\65S^ 'ZD.C_N//5!V:4 >*BVGY43$= M"R."7R*'[GGL4 _ZF>H>QD3AG#ON/#U3PO_ 6(".L N&6^>@)7UT-)^ M]>E=,L5'U6$]F+RN7JLX-;L\GM+X1^%+C_J2'15SX[PT=CD[]ED B!FU8'!! M_7;@L<=O;+0<#$^ELP#1[S)(0;@$ZS%444PFL*+H-J66+QB2:/701*8^+D@^ MB'P4-OVN+Q B3>,Q@1^EEQ93X8H0*;6PDEA"3RVJ?KX<%?/S><+#Q,1C7,AP M*)Y0H7V'9H)_3;:7\*_;I0V9IF?R+GW)/7S=X\#C&B@V4YY;[6]Y8DXV3DQ/"@+X5"C_#+V!6LIYT\E>7;@$3,:9&6Y(')#IR^2Y"817\& MUS%CIL)[5 0YQ[]1*NP#*NYX8'1#I<)!TXK48?)&A9%^Q+[!&B!ZFM:OAST8 MS9#\_UC3MJ%4/_;H@/NCYBT?,$DNV0/IA ,:'!:^_.T7NVH='A6CW)#=4 T MZ9"GX1 L+'%,IP+]1=1#7SXMM%, J,_O@J8+0#!Q^'J8RRG(#PS=VV8W]+VY M<*YHX.Q03Y XU@O8BZLB)*!KP.3X<>=C&Z35/D\OR,M*XN+MHW-^VKRS5- M-N;X\B)S2_"2P/RFZ?Z+RCY(@PJ# W)JDI8)2[A*N?'R'/,B!LL[[A'+K,V1 ML!:I9I9JO^:OM*+R_3=7,3AN)N1LH4H]EKR?+WJ7)#Y'HB5]4#2 M,$/&OUO0\:@;WR8]CG? 80:)U4U1;S%Y>RWU0)-TSBYO2>?L^JISNT/I"E!Z M/11R"*^("LD-W3X,[AG$Z++8; MI?+&29'X2(JB8Q*KTN,"2+/+?%]&U-7!QN0Y4:?Z.>=2->E0A:DB=D/?IY%D MS?3'(7G@GNHWZY5?#_7"4&GW3'GD7L\49AU&XQY3G:T5L)51XCI(I]_$W54= MTZXF/2[NXF75.S[GT8SOH5M62MU+DHELS1E.5[!'F^S)2]%G=8DA=5I*6P';BC []"[ 3<* M#$(KWF%JA=[K+0MN1&"\4+%(A/4:F,!1:]3+I07< MMZU4JYLQQ%H]8B @5'TFR/_"^E]Z7$<(MEB!;0:7K7 PX%(G$*&"(C&?[V^Q M;MD,'MMFQ[PQR=D@\L,1,.41^%]!.MFIE7A>MY#+T 2,8XN=9G@+%<+>\V@' MYSSC9DWJ1K=/#,)EAC+E M^'DE;L.'8#F0 MOO-[)@:AF$H(>@8,VYH+AO9,KL0U++:XSG=;!I;6R200,;\E7#<7''LN.(!G M1?W_X='2BTCP72L5VZC5+>M3QW021&% )Q) ,AY1G[!'Y@XQTQM>@XUF?87.A=)3<$\'H*UC4J4SRYOXS4IL+?7X/7>I?]P'^URSLJE;5 M:#CO*QKV0KDPJY2-I\#PWWZI.W;M4));YK,(L9:L$W2*OS]$7X$@$0E2<0%I MV:(-B,Q0U9FPO#ZG;=44RVR%Q]%I)IA'HEG[Z,Y>=[R#?N*JGSI*;9:G/=[< MNUN<=.[-;PEB],O$-:[\>IC,3F-):J8&%B"_Q D\X]($J_,K:+#F%\<\/5W^ M#EXYX#L4S73 #;+Z+::FQWOW;I^X/I5RZ75./DDT)7SNY6*4M]Y,^9^*=()J M>W$S&H!#LB>7CS7M!';[J'Z9;)MJ>65IHA:8HH<^AS=/]NIM ; %62,GY"_P MQA93?X/TGN^'YQ;QB9!YK >;Y M2:GOY&(GB2F(+<&2F2?GG=;;2;[3%A^=7^Q9VB)-]%TZ86DJ-P(M49H6<7ER M"CZ3+_/"!\'@9^A7JD[KQC?2XC_XAEX3CP54/UK"P=)5\,/05#5@XE/Z( M2*JX[(UTRZ1!V 6!B#?4DI5M)D=K"/T(0H-16M:#I6/X@.TP-8;C#J@D>S/V MC_2LN0)IF8\;3B[.&?=E']S"92'(Q9 M3\[P9C@\&Z>?_G^:IQ*P;MA=R,CO[60I]*S7E#N!_"]0@B 9Z/X,@V036;Y- M$7;#T >UYX<*!!-GU*B5RX?3>F_E.Z8-QZQ.;2EN-SLDY %Z9.F3"\1UACZ+ MN:/L5!+E-'&:!0^Q[-DUTOK:(4X)_ VGLD_6EAZPM%!6/SH5WD$H6Q;)EQS9U( M?BR1S*567PN&-A)OC]#'9=&9%%>]WI+[?3O17"-/ (T,-T.DQ:RF7?8,O8>U MD*#&=7>B^K%$M?:,J+:E'#*Q$]@/R!FO%-@2,\IX;^ B IO4G2FPNSC+/,*T M P^)P$AW1%P=! ?:$,RDK)5F7'F_NFH?8GL(0IKAWJQDE:&88#*$1Z%PXQ]W9/M= UGHJ_1 MF!VR>B9SD'_<.S+(4P>9_LVE:%?]4+0[FT.'E2C:&;FKA6/-H[Z]@M M)56[]XS@'("XS)1"/A61[(.,Z1@SR%@0:G4YE$S78H]IW!,AXCJR&-_6A5C7 M8_DC'/R!P]#()P%,%TH$N^<2VO7&M[%25]]4B97Q#D:/"D_&$4]O7FY0:8^. M\\I MJ&%,/1=@!&BB^#/U=;ZM2)"+6A]O%>AQ(17Y:ZCO%B"QC;B@PNV3DAT#E%/2 M)V JHO&.UV3G^>'1'U2*@LGR"+B+#"P"Q2N5^KS+%6DT3#O7]2UZ7N,M.R2W MWN!+>V!).RK8D[6)77_D'Z)9!^#*]8"5>T,1<-G7>WX'I#M4VC;VN ]OT-H= M3#J@V'!LI9Y.,Q[H MD'AT3WT&69PU_0%UCG\=&XU,_-YPJ MG77SU!MY_6.(>,.T[.S=[GB^!1=]*=XUE>6\J2YI3C8CTWO>?I:Q7YS4.QB% M+=[Z?7)N@]*KY6#-W=5VUK9Y_73VA[2;49$T/':&C;8D!:A)'/' M/7ML-.P_J_@-@R44S+7VA3N)+PP>W*1;?T \[3?FW?\G/4^W5"%MAF2V5=XQ M]?-)D^$]+$*N]?>:,,&7ZD]/X4>B:'Q1RQX;=)GG)0BR26L-A5WG'HIY/?0?&&_HBX=(B[ M'GHW,+Z]&8?I,B*!YE 0QG=R=EF?^CT,_6!'VOPG%3#@-0R@C>X.%L[]4 ": MO,W& -)!8]9%.Y6LU%\9%WCO6$#=K+Q#HOY#6M%78B]S.)W)O AE7EEK)*Q5KCARD6NF%NE<(Z\^1H M?!E.G/\1X0(UN9 M/K$ZV>F/G?[X6&!OO?[X3.KA;'PI\3^YRPAN6.O/C.M$O%:?LUXF3^]*WULL M=AM_:R1(Z:-L_!T5NZ$WTL3MJX$//_X?4$L#!!0 ( && G%0'EM\=@GT M "^D$P 0 ;6=R8RUE>#DY,5\V+FAT;>Q]:U/CR);M]Q-Q_D->NNM,581P MZ>$GQ2&"!JJZ[G0]!NB9N)\FA)1@G9(EMR1#<7[]S91DL(T!&6QK*W.=F.D" M8\O27KG6RL?.G?O_Y_C;T?G_^W["?C__\@?[_N=O?WP^8CN[[]__CW/T_OWQ M^7'QAW;+M-AYXD9ID 5QY(;OWY]\W6$[PRP;[[U_?W-ST[IQ6G%R]?[\]/TP M&X7M]V$)/X MT_OIW_;?3]_]?W9WV==/["B.KGF2\81==UIFRV[U++:[*]]P$?NWXM^_[8]9 MFMV&_)\[(S>Y"J+=BSC+XM&>.?+/'7.'>3P,T['K M!='5W>]CU_>GOY=?6'QBUXO#T!VG?&_ZPP=V$_C9<,\R37F3X@L2^1^?79=? M+&*YPZ97*=\[: V*-]]!D3]P_HD]3SPT3SX\"\YL".3O=EDW[GHMO7;QMVVJUNW7?^#W[!SG!5@R];;9Z3SQ#(J5B M;8]0*L]%'/H5G\FR[@3N11*U%PI 3 86GKF9JK"A MA]BF2*SC$2AH1D-TX<7AGF>Q<'O11Q#/8^\\V9#L5N=Y-OSF>C^NDG@2^;([ M$2=[OWS,__>A[&.4#WT<3V17Q6[9'7'[99=D^D=KO.88.=VM=O!V#KZ?GIR= M_>,7JVM^.#WYX^3P[(0D7]>E,;\4_)4 72;#VX.P'HRN6)MX_=ZZR?UU?M$,AQ;9KRO]9K7^-KW98/A#_ MY\Z.&&=F\I_Y'E[''/_\,"SN9V")G^4PE7A/L9E=PR;V!3?I+13NNFC?[_,I M%_&:'UROI)IS7__FQ>.\^XFL%XK QV^GK.RBL,-Q$H3,[AO,-FV[XI34JG;Q MW(///EU[H0O^VN^I@.ZC7^%,K[FLW3WUI:M/,=XW@)>B^L7[E+C9D)V*&SF* MDS$[C"+1)_?$5Y[R=!)F*1/78!^#),W8?TW"34,]_S MKTF:!9>W+_NBAP&<9\F3A'II5^KS?Y^B*Z4H=SI%EBV#L'[!^_]&W+ M^K# MKN7'T#W]NOAV?'A?^VQ+Y].C]ZQM]F0YV^VS0]'\4CT86[SWZP/[PSF M,E]V[-+@,N ^NYBD0<335(1L=_HS2\1UW5 ,^O*/&BR+??>6N67[\,7O\L\) MO^;1A!?-1'[C7V4CX2+@/OOB)MZ0.59Y[_$E^]5J=UIM)L(;!G$D[B1B0>0E MW$VY_+-MOC&*[TSR[\BO>9DWO^F5\W<)M2\:2/'?<_&N\B'%+8UC\4:?13R3 MUXY'O/CB?JM__[WB=G\5?;8>&XM+^D$XD9](AZ[LZ4Z?9=GWVO.WM_@=O=EG M*[_#6O4[YI]MN7ZNBPGW#?\EZK;PU1N@W +!)F,12T\TEB5G;/_ M^O/P]/SDM&B'TZ;RD(5W'T_%A\-=SQVG2SF^<_#[YT^__R'^__QLC\U!M([U MEO4LN,SW1/,5I)MAD/%=^=4R;#>).WZLP[2\53F/K(\]-]PHYWC<2197U\R0 M9X(4NV6@]AXT%7Z<@&HFL1>*O8Q.(WGA:]EVGWY/&FL:;O8RLVON>N-^T3^BP[;]!YX;EICF M<%O[[\4%5FU@SSK[_1C=ZKS)7;C3;?7N3'AV#O^1^7R8,\RYT2 U)BXP9Y@S MS'D]YGP<7 <^CWPF;I9OSE0[2P>Z9JO=Z>0+ZOE"^M-K]:TJ 5SFS6MZFF^1 MS&]PHV@B8OYOF6GAID%JB!L.4IF!48:1CQ.>\BA+F&*>\(N6@WV[U^_(M;)#YZ)^$9^ON\[%9?.(Y@$/,\6<[,)94)%A7W(^YA[O"^Q/PG=9/'S["H1$#GV&Z.(E3L6$?@9 MC(0+AKAKL/X/, M&W(1M/.8?8KSQST7-BW^GHD.P95,;1,W(D:ZXH&]OR9!L;=^'I*3GUXXF;;H MN;<9^2NC\IE2?B4IL/S9+FY%1(?<#;/A+;.L-W/?L+"D+B$]/SW;%2^?\] K M;OO0#\5-GKO1C_**PL3EZU9/!$VT)$DI 5QXNY#A5B.[-IQI6@_%OXDV-D7\ M+J,S=07"2>SFW1"9B9B)1G E6ZB7Q.+OLF'F"IEX@1L:C/L3+]>_'$*95)DW MX;1LE)X(2RS>G%]MOC'^CZ2'N'P<7!&E0OL*1XDN MI1=YN?B4I(K',EB32#SM3&9L+C-HZNMNZD]JD!NFL6@0PG_851S[I?^4ZO] M]^=% 5S'602?IYH6)!*G6NG'61M.)B@,AFIY.>W,92^L<3[['8) HE M+X5M\.0FR,"Y3= M;SS*-V;U/J1L/AKY/%].S;N-2>6&(=%''8F^(D_*_D2Y2>GQS5&_V@L[F*S^ M="RZL& Z_9CT@%^[K<[S%H,!:/RL5P^\7);# D#[P>;C$4O0W08\L%.\;SE M>],@XW?W0HT5YYWGOZ'[8F,K+MAC[E-]6(5^RL>6O MLQLW9<[@S5R/65) O$D,M0D%$[(8> M-]AT7F*EJ!*[]W;+)'9'2[V*V#V><7&+<@I!V)_KCX(H2#/94[WFTQ[>J]/T M-6&-3RU.=I_8#;VA*!MVN]4C=DM3W2!V6[/C!E\,EHC=GFA;TXX_L3M[?#]2 M3>V+C\9A?,NY='7Q5UXL!ESPB$NW+X;H>>&7?&*!V-W;+6JZ1I2OTTD, 2*U M.\N3%_QB#4%.=AZ=A?W1I?35%T3 MGTWGV5 0Z\D*><&:Y%QJTTHKDOV6-;,@R7P^LQYI+E0[;%=9CC1;SOPB9KD: M*4MHK[@:6:XKVOT5%B.G"S]VRZR^&.D4'VK?W^'2I4@1@)46(_,;L>Y712NO M0LHEIFPXS5N76$P%Y9KGBXSW:U7EU\XNS$W?-!+-:QC>WGU+GM]8,4=Z865M MVBQ\9K?+U=768"Z^S\P;WU]@NIG6?F1QNLK$Y(,FTFUUEZURRMF*^\7-(HGI MF6LOIG V/WMC)HM0]]2-V83*U?(V[EO[P[0-:RZ#X3E]M.Z%Z3[)HVC#J^JC M5>906.W9.U@JD%)1"NI/5_SGR?^\1MJ#*?'-BOD:#T5A6;9&IWS\WLP:/WM. M'&?SW,LDR*?26_.D!.Z_-)FB/\U"_"\29)W6DID[M(R$SYRY8,ELWO( MYJ2\V)&1C(J4]@<8M]B=*TS"L-A6_, .RKU_TVU_Q3[/E>M,E-MGBWKXE8_0 M''2FIYQ4.!+%;O7;&SCRHGPA*:JJR,V^=3\ M6':OU=_$L2IUHR4&@9LXX6;CCU7YX*&G6;;$_9REYO?B)ZQ:X6/=XKV%8A\5 MF+]Z7%>)XN:7A6:ZJ'N;T8JM-;E-!^O7;N^^EYIW^Q@]A![#9)ND_E3& ^"_>P#$0^V^4' MLOY/"OUZ1K\LJS>G7Y;=TTV_7EP*;(,SATJ72%T2M_(>Y:]G<1CXS&SU9L^* MSZ>CJTYM+J^NV5]M":X!]4(W^T36\P<0D$7]-4\^%U%BU4 KP?Y,&6XFJU;R M2S$.\)F;SIY]><%%M.02G @)3[/ILI%<:H_+550YA5^^.W-_RJW"L^N0QEQ" MH2&"'.UZ;CJ4%4;<("E<.E]PE,L#>:7+LJ:-7+04WY5_;KXXCO!Y+XZ\( SN MLA1=+YL(GY^Y<^%M)A4PO-=S@]8HE_)ZR7,ADYO[8GLS>LT]//A]9C5T)/1'#G*DHD\B]]H-PMFT MC^DZJ,QAB">9>(O,)HCS$IRR0I10:B%PGCM)Q9?P1):S8$((1E+:Q*!*9H]) MN4\G>>['K BG>94=<4U9P76ZB+NX+)S7P8A#*<3OQ64\>>BT_$)V=Q>WLGB/ M'WCBF8WB:\J$N,?])L\927*?DO:R: [ED^?EK1;C-ANMJ?@7*2C30)6OI@^0 MN)H$OIN782O#%<@'"0-^S/1>L+YGCH/ MXY55EC>6#Y%GJ&PX2V,=*7^/U'U_.AEF3K >T;_#"ZD%BX66-UA())WF)+T$7:] ;& ]BP-Y^=5/?_6N/??ET>O1.ZH0K\P=YD@:7@>PIEL7W M9+++7?WE5N#4+X@^LI<[M=+XBCP6)9WL*=S5\;#PJRR_YJY MT8]<1X4T%R5KXG!2"O!]3< _HT"R^RS+,W]G2_3(KV-?Q96'['#$DT!V:'[U%%V6A8!7;S$5EY% W_9#_O!"X[]-6,"TS=><&#]I'B<_='U*B\WZ 7*$3'[VYN6F-KA*O)91EN3@W* [3]OW;G0"\+!XY6THU M42(P)_=Z="[UZ.1N->-% O\O"XHK-5U::5G6 M68G(/'"*UQ.J-#;AQ$I$Z,P;QF+X^=&58Z)\1N^+&TTNY: HKU/XHH#QZ#I( M8F&./Q^/T4N&$<\L=;W8-E&@L%*!PF;L"*C62.I92/Y_\82EPW@2RI.P7+^8 M*)"UF>^F"XIS7:)_32(O[X[>S8K<3VBE<@@SNNMOR^F-?(B3\*+Z3SCQ[^<[ M%@B/_SS,^7L=B.&KK"0<1?&D..HBRD>,\]R69W?EI=/M@5%N MQ7DPUKR1H_VAG'5T\_T]91@]&4;!J\Z>:;)Q:]1B)VXJW"EB\H'96_ON]>_" MRB]E3UF\_DZ2K#Q4KW]?T=T/4F]2SHO,[QC-W['T&*R8C5V9 QF,Y4"M5)=, MSA3A>UN@>R&^ MZVX90DZ)])@O>A@SA[?E*QH2\8O;/*;Y9LG=?J:OYW^S^'I\>X?W[[]Y^>OG]C9^>'YR9>3K_F1'*L]Y>P>W*EK MT/&(^],KC__[?X\LJSBXD(RFYBR:,1=R/Y MUY(TWY/@6BKV&??$B"X?X?TA_KDJ^F"G:S7QY7I)#DBG?9B['CJDQ<^SDHL7=\7?VV$F#Y3N[^55>67^6EN M! )7N6^]/+-$AH ]#,&BN*7\J7CEAV65N2OY^9KEVD5QYM"D\.K%SPN#' 51 M',97MW<+L>4!DP+PTAI3HSP-:/JGZ1+HXNO30ZR6_$&,#Q9?%&*5'Y#PX-WE M_MW%EV5Z4N0_>%D([^)+0IRC!Z\5*\X/7X[_Q6=>%N"4?Y&^-ONRC&+$KXJM M^G='*,D YI 6[6BV!L-]:)?D$^2\*P]SWCEHL25+JL**BOZ)G*,1W:JD51RA M>M?89L'/%_?RU>#\V+W[8_C*@VNF%KQH.'='0-T?A;>\MD9^R-0J1TP]?KB4 M(5O9#9>]OW1ZKNCT0>:.=LUW>;.[7=[+16=JMB5L'^\&E=^*/>-3"$OG?;ZO M/YM+LCR5:*G,&25LLZ2>\FR%^@N/R#^M(<("$O94Z)^3*!$9F0MR);KFXH*\ M*!%2GMA;GB>2IUODJU/1=1Q>RY[Q521[_ZX\]C1(RVEA.23),U=R^2_/7Y&3 M$$6>AERX*K,@IKD6^2!!M%U9*$A@*EJ(&-WDQ6"R87$F=ZX$1:&88L"^_#'W MGNZ:56M#LL7ZD\2=ZPQ^^^_/Q[O60-!>@#P2 Y[I*IT:/$+T_7/2N[HH\ M-V7NK-)BE>=NA?A#>9QMGEMY*V[SFH?IE+"+AR].OV/FC,;YI=J[KUTXN[;\ ME@LYW9L?-QI?Y#E-N;3 M,Q\H;DK(8S@MLUD^?3%^F"G951YM.EN\J%@UOE\TGEM[SI,#\L+.\<_IE8JB MG1]FCI&\%^?R^K/\FCU",I 'G>:N)CZ?\^8^D.7#2AF^O:_0DY]>GQ,JOKQ, M>9':>_?GZ8J_\@4,A(QS2?6\AHN< M<(TO%P^FYN,L?^/=67AW68*B;QFZ-T9^:F6:3D92W07YPFE77. ^&>=7EADR MY3<]X0_3A:AR +TX;,AG0^\U^?#D\[<__Q!#\E-YA)^XG^^B5?TF5SGROY3= M RR$K'I24]6:'\\-NE^7 +:^G9?UW].7HT^GA^>_L].3K^='WTZ_/SO[TFP( MCKY]/3[Y>G9R+#H;7\^^_?'Y^/!<_'(_&<*^?62?OQY]^W*B:@C>_OGU\,_C MS^*QWVWF$5^XMW![E; >W8Q2/.<.8[]].OKVQ[?3?^[\\C'_W\Z]2A>[P.XV MA$Y?.,UA7=@K=BZC5+Q4?'.WT[+L-Q_8S":S=&:3&9NVA>D;RL#/O2='6192 MC;(5'8%T/9NGBD-M'!>[9;4)P[)$*.B )&Y./+= J;NS#<"F+_UV'\]RWYC5 MZKT2P_O],6LN.;:<:,]X0:6-/:]+91LFG!=)QE_$.X9I\?.)S$DO7YZ>/;UU M8CZ*L[4FD!_N,-R,G-:.%FO.\21U MY=("X\5P=RQW4/YL>C#6)9#A!J MBWNUZ92US/X_U>\_+8\!6;5?OW%\BJZ^HO"LV&78>+"K"-L61(OTU&.M^#C5 MN@[/83334\@W4:VCHP#00*IFXI,/G< /\ /XP'14 0VD(K8>M;D1J"!HCW;T MBQ)2="9P-C.H)!/NFF:BGQ(CG;3F5T*1+[Q;:VNVS+9AMVE-'^M$!W)JA/$> MFC_<0%,WZ'<-L]\CA(E>;*A_)7#+>8%-&9P5-5FX+.Z;7,O]C%N?RZ"0VD<& M%,+S235G- "B:O.TKX%)Z1Z W384-.[\ ;\A#! MDJI-40Z,;G= "#=02Z<%1+O7 H/G1D<+":22[[76ICJQ@?I0A4, MW^X;G4Z?$&I@%6U68=$2_ ^<)W79<)TC%ZG2P@UL(K8ZJC.6:IG;EC#LB?& ME33"K7LB1MWA1V[2@=4Q^KWJ]@Q**$X)C/G0_#4./QSAP&H;7:OZU@50@LIX MK*%5+.D/TK[)8Q>T+#M)!@)R$5EP7#+ ]1.F_H ]3PN=E-.ZZEB%R4A>M0_?=:4PM' M\)691NA;/#NWW3&S$@)@@*""6RAC"]M:U]<,RK$&'$+)@9P,7 MAC>7J+L\]+,1;,*!)D=QFJ7,C7QV\G/,HW3UHTT:NG&4"%#D9GRQU8 V/MC MTT#00"K:^""#&/P /C =I4 #J8BM 6]N+$H_'_DX2+B7,2\?;L:7+%DL5+1' M9Z8'.TJQ64*C\&/_$#U,0 GL*-4X_FC^< 1@ DHHN7#8@#*RQWPLAFM!/C*; M&:WQOR;!>"1^IC/+@;$:CF'2*/QPY@/;,?J]-B%,0 FLW6D&'(1]8?<-JT]JQ"$I@.4W; M^*/YPQ'JWL1N=,WJDW:@!)4A6D,+M#9@W(8*K;5#0&XR#Y6[R$.$BGC5YF1[ M1M^N/@0$M;2A%FK2$ 0%O&DP1+"D:F/0@=$S>X1P [5T6DIL2DE6_[F=>G1F M<;"R2*X"EM9J53<^V*;_/&C=@=%OFX1 ZEHDPJ+E^ '\('IO :T3L?H=&F= M6 Q2Z;P^2K]@S-%T_)FZX0K9K%@GK=]S,',&B# I7?$D2\-LT]K,"&:18!:6 M20F" MXT&"(X4K6S+(U.&Z=94D:H_E52G&:Y=.ET9LT4QUK6#PJYJ5*<(-1\ M#'&^UWJ [?6-?I_6CB"0LQGDQ-"8("@@ELH8PO76E'W4-BP+KM=H#.M?+-Y< MDG*WWVK3COZG)$Y3-D[BRP!E:(GZ$VV7?B;R&0]#$2/F1CYS_5$0!6DFM\)><\9_ MCGF48IV7&&?H3*IASHPH1$@&JX2;,S LNWK-#%!+&VIA$98@*.!-@R&")56S M),>P'%@298A47B%M0&7ASY$7CSB[3.+12\HV8;%4L7E13+'1Q@?SUI7J"3M= MFQ!H(!5M4F&Q%/P /C"=5YF.8PR(5F< J4@LEFYNG$E_730_P(8%Q6#S;;D4 M^FZ/SLP,QIDX4TNC\..8.7J8@!*HW:MQ_-'\X0C !)3 2F!=*X$93WB:31-5 MZ4QE8&RV[9DCK66G[O##B0_>VD;?KG[P"BBQWO"_(Q1Y#,O0\C4./\S@X*UE M]/JTCH?6B1+OZEPSV_(&PP8,TS[&B;A8Q+Q)(A[6NQ7#-6_H1E><7;E!Q-Z& M<9I6]V_L,:S?1)!U#HBPH:/BN=S5^P&@E3:TPOY"@J" -PV&"'94;6C:Z1 " M#;Q:R]B5_FIBVVJ9Q(>IY;[""R[>R64)UNL@#>*(B5^G::"9^[.&PSJQRD@C MW,A/)XX/-GU4V/31-CHK= % *MU)A=5,\ /XP'1>93JV89E=0J"!5,1V&J(L MZP(DWU\__L1*:?W^@RDT0(2IZ8K%VXW>"C5PP"QMF(7%4H*@@#<-A@B.5 FW MMM$S^X1@ [/H[]DIV2^"4.E>A=4W>@-:NX/ RV9HZQ,CX6K^IC2Q8'C- MQQ"&IQXOK9[A#*J/H\%+@AC6OT2\N>1DXJ$_<9-(/'C*QCQAZ5"X.JK0$NU2 M;',*4$83LD0-GX=]!O0'R(,&4M'&!SG(X ?P@>DH!1I(16PE=W,#3/KIQK^Y M:>#1F:'!J!+UX72:8];:F46,JA]X#2XH+D48ZZ'YPPKTM0):IR#KQ 65E_CH MC\".@W"2<9_.! 7&8#@ZB8+QXB Q:F,P<$%Q*<(8#,T?5J"O%5B$$-&+"RJO M@A$/_9G,K$S9).4^"Z+[9$OFN:$W"=TLB*/JB9=8(L.\*,(/8U89$U "*V4: MQQ_-'XX 3$ )+)@U(&41RV68(T7XX;[K/4K#[M,Z30N4P*J9MO%'\X;]:4T*AQ3/ZX[%5$QBQ0H;)'X0?_KOFPPV=-B%,0 FLD&D_-3YG,O=!/NW^0T2)RRV553CO4!QX2RVF A! D.!"4 M/D3K.VH7,(%).D/T[/GO\!^P!A#!?YH($WV(ZD:H&)V^S]R+D(O7_.!ZI2>? M>] WSS_*0KMJ*[Y[D7#WQZY[F?%DSPUOW-MT MVD!,<]4ELIG'L+<*WFRHG9;CR!O?E^]G1PS\=/9MS\^'Q^>BU]^._SC\.O1"3O[_>3D_$S5AW_[Y]?# M/X\_BP=^5Q=S"C7.M;GTL7_NF#O,XV$HW4IXWMWOI0?FOY>.6X3_SEY+(Q3! M#-UQRO>F/WQ@"UI(8JJRV^KU*QPHNVZ?1N=I9F38K0.!QWI*?0)PB'L3O!-X MV#MU#S\&JT+S EVN2)=GI+HZ>B^V8S?QALRQ#$+DJ0#/%H8=-/"!LA$' [I& M$JIC[O'1!4\@;60AJG^U?VE_>=EL5_Y 8S<1$=Q0MSF/89")9_;6V8U;91)H M=CXD_YS/O3@IJLQ.Q TG82 ^+09W0<2R83Q)WI:MVCK>PNV43!M/4)(IMY.]3&.\#G\?PL2M- MFFF])88<9N 4;7Q@,: #\('%-!@S<(K82LVVAYMD0B^+YA":AX&WHS87@5H( MFX]\[MI:F[)E=,WJE#:[EWR& 1SUA\R=PPC&_#C(5QFHH[$G_^U38LNR./ M:9^F]R@:HZ)Y%O]E;N2SE3(%,/NLW$R9UMI<=_C16;$ZEM'I5C]B Y10G!(P M +1V?<(/ [ Z S%>'1#"1'-*8'%P6Z$_%;?DAHS_-0G&(_&SP=R,>7&:[1&: MO8$?8[),G_##C\E! D9 __4)-UH[]!^0@!$J+A_2/W+^E(>QYQ95!T>Q/PG= MA%U,@E &)"4T10%3QHR0/N&'*5N&V1D8IF,20@6D@ 7H$VZT=EA W1;0-@US M@%0),J10:*6,_M#L).1>EL11X+&,I]G]JAFAJ0IX,F:&] D_/-GI]8U>MTL( M$U "!J!/N-':80#U&D#7,AQLMJ-#B:VOEFVY!CW]<=H?@1B8^?G6LN+Y/?$^ M-XCD4(UE;O0CS?]V$?_DVU]1HUQUOG[RU#^=1*1*,"!ZTO+7@9+:W0)3C L' MM!;K0"T2U((#U8\!:-)@B.! U1QH8 S,/B'<0"V=UA.;%OJZIVTP<:SA.8[ MIY+)H^CV\GR@7KMK=/JT5A]!*\JT@LN #L '+K.2RUARB9-6)6G0"FN@E"'Y M@Z?I'G,];S*:A&[&?>;S<<*](#]H$'/.I.B"B3% A#GG-<#VMMMUC*Y#J9HP MN+4(TCNX#Z0-#&D21'"?:N[3[AI6EU8A47#K!&&L?UE8V^SB[TD\YDEV:[!Q*/Z2[W=]X2 ;=005F\Q%\@IM M?) 3]GP'P>D;':OZ*!BDTIU4\!C0 ?C 8U;QF([AV/ 8L@!A\VJ-PTL^=D7K MXS_'/$IY44\ISH8\86Z:\JQZ627L.%)L"E3SZF]UAQ\%$3NFT7-L0I" $=!_ M?<*-U@[]KU?_V\:@32M!1FM&8-%O6Z'_'&5N=!7(DR.+41@6^@A[ 'R*8_\F"$-L M_"#%BOKGAY X3APBU#^HEC%C&XY):^H5U")!+3A0_1B )@V&" Y4V8&(5HH% MM:@L$#XU*O7CB5P_LUOKS$;R(0_^56+PT\/OR]3FE\+D7)_EQ*WL3<;]) M&(A/[QS\$;@701AD0;EM\FPH#'\H;IPGZ7^PD[\F07:[_UY>[8#0/!92MVJL M-@95HX;/@TX'.A3D,0.G:.,#BP$=@ \LIL&8@5/$EGJW/1@E$_J94>8>H1D= M>#SV.^@3?NP (@<)& ']UR?<:.W0?T "1JBX&DC_<,NO<2:N/W9OW8N0$YJE M@ FC_A>!U" 4P]M"!0;;,08]6N=HZ<0&KXX1FIN -V,J2)_PPZ#E*8;= :TM MA: $#$"7<*.UPP!J-H"NX5C5R]6 $E1&:%@>>WWTC_DE3Q(Q&@LB+QYA@8RH M$6!:2/'PPX>[CC%PJM2/&/7_JVU?O >'XL1?5*HLC14LR;-,](J3O\R-$B!PD8 ?W7 M)]QH[=!_0 )&H)A-'=$_BD>C.!(/%WL_#/$R&[N)C/F$LUUV.,F&<2+NRV=M MTQ!WRE(Y@D-E&Z+2A%WZ6V35Z75H)-J $#$"7<*.UPP!J M-H"^T;6J%ZX&):B,[[ 8]_KHG_+,#2(QP.-N$HD@8*&-J!5@6DGQ\,.)NXYE M6"N<[P=**$X)& !:NS[AAP%T;<=HKS 7!TI0&8HUM" ,_?'9H>=-1I/0S<00 M+/!HG?,BC-+CF+(Q3E(BA19KZIX^P_Y8X1*@A5P6VM\3.^P6MYO%Y M!^.!JH$A38((QE/->*I/0H)6]1J/ZL=K-*9F:?IHI174.&^0!VVS$#,*2#45 M0U1W6PNN/:=G]/M]0L""G$TA)TRN?@S (Y4QA,FMR>1L8Y4]7B G01!I+PW[ M\>0BY,QN:3CNGCDK)-]PN89Q^!:FZS> 6-,81&=>L:H*SH&FHPK^2@B^%_5. M7H2@TKT3R^B:CF&W:6T C.;H:YPN/HQ (_@<'"XIQRN,^@8 [M+"%HPLX$C M\$?AK+ 8/@V@/O#43;%G%P8 2;VJMU31,.](',,'G1+ V$08@6'S,83#D8,$ MM&H^AG X)6!4 ,.Z(2Q&V.\S5X1.O.8'URL]^=R#OGG^418:[AJ?;/\B8>\/ MY)/]_6_[P^2^U5WQW8N$NS]VW./>IM,69)JK5M^8>0Q[J^#-AMII M.8Z\\7WYSH5;+W9]]\=R%G[_O7S##.K;P79G^3?.3$%ZXJ(\>7X.GSR]>SDF(F?SK[] M\?GX\%S\JAN'MGU\/_SS^+![]75T< M*G0Y5^G2T?ZY8^XPCX>A]"UACW>_EW:9_UZ:&P!4G>GULZR8[8Z:TH* M?6Q=L:K*5^39,\)?'>$7)Q\.$\[9%_''8"C5OM6NP\DMC!C]9U\[0"M]R60PPR" MDWCU"3^Z+.0@ 2.@__J$&ZT=^@](P @5EPKM7LOIT [_,1^+<6J0IZOFQTRX MHSC)@G_G+Q":QX$K8]I,G_##E>V>T>G3.JT9C(#^ZQ)NM';H?[WZ[QCM+JVS M>[1FA$(+B8T8E5WR).'^W:JA^Y.GA*8HX,:8$=(G_'#CMX[1[54_9PB,6&_X MWQ&*/*0?#5V?\$/ZA?3;G>H9G6#$YJ0?*V/;C/QWF9V9RF4Q\58FSUG(+B#3F4;I:DB+F1A6;G---_38*Q MK(-":*X"YHRI(7W"#W-^VS&<+C:04G' M$MDV(_\Q3L3%(N9-$C$2\VX9_^D-W>B*L[=78KCVCH5QBFUD1)T!\T.*AQ_& M_':%S$70H:X!&71?,>'1JZ&3"S]TO],A!(?F;, JV3;#?SA335&NDOG\(F-! MFD[A)S0% 6\&#-"^H0?7MPS!K9-"!$0 O*O3[C1VB'_-5?V,$T4 M6B1#"(56R!HP$ON>\+$;^(S_E#46Q5?)8Z'C;,@3YJ8I7R%C$7.DF!%"^&', M:\Q8-&SL(0,A(/]H[?J%'_+_=H6R'J##>F.OZ$ED#1B0W2V-C=U;N2Z6#\A< MSTLFW&=AX%X$89 %*QP0C0E3Q6;L]%(BL3?DC_6]OH.MA.1D'ZM[Y.-C<&8Q=QXO-D&M8T#@.?%6]D^;.,75D?7NVQ MVC&_Y$DBQF5!Y,6CZBF,ZT6D,.'- T*<&^1F\)[&9!HQG>2+'$2YH:\#):5- MOV/8-JUU.!"+!+'@/_5C )HT&"+X3[4\D$Z?UM%K(!:U[71;'IQVVJT>;4B^ M\HQY;CIDXR2^#GPQ2+VX9?&8)VXF0L=<+PNNZUE(1*^!\ASG/28RFDN5#>I' M',.Y;L5&852ZW]&QC%Z;UF0WN-D,;L+CZL< /%(90WC<6G!U>D:7V.Y'RNFN85'Y4^K66M;GRJ=3FT[DZ0 MPPRW&C4;MD X9J2>QQ M[I?YF:D;%H.V2\KK@/=N$H-@.,7>*T\4'EA>9A!D[1 MQ@<6 SH 'UA,@S$#IX@M_VYN-$H_25FN]"9\[-[*+&26CT'9A1O]8'(DFNPGW ^PF)2I7V$*A>/BQI>BM;;3[-B%(]&($=I-JJSUZ-71RX8?TO[4<8^!@ M0RD%[5=HD9#^L.S<_2FN/W8#N54T=#/NLRQFD1BLI4,WX2SE61;R?,PFAFAI M%GL_F'OC)O[VS]Z$6Q,)MU[21"[\<.NWCM$U.X0@T8L1J,>JK?;HU=#)A1_2 M+Z1_E3DZ,(+ .*VANR?I#]Z^EZMI8F3F!]>!N,,5AF783%*_8VPS81WYZ$0A M0GV%:C.TEF&:74*X@5KUK^#!?"@K&QA"'B*83S7S,8U.I_HI(*!60X:F#:U) MV\#"/I=W.PM?4-@'M0#K]R(2^>H0/>(8HO#!FCHD,WNN(L<3/.BI]3%D?Y\!P3]@UR-Y0W X;HH6RKGC\A2$'+IM 2]E8_ M!N"1RAC"WM8S *>YF U>-F&U^U$D7[UAMAD+VT'D)=Q-N5S77FD4C?U0BDT' MH\0:;7Q0MO#Y@:Y%:SL5"$694/ 7T 'XP%]6\!?#'%2?3 6EZJ845G)KQ2,_ MD>7"#=W(XP:[X.*^(YDU'5^R,4^"V,><-BFZT)D[P]0848BPQZI:/Z&]0C\! MQ-*&6/"?^C$ 31H,$?RGFO_83I\0:B#6^H:JV]CFZ\>3BY SNZ6-%\T/57GD MOV"0NH6=3_H!0VZ:=/4$CSG0=!2[7PG!]Z*TNO]JRL25GA M;O5C ![!W>!NCT-J&XX]( 0K6-G M>#-918O#_UL!"_BT'\E%B\-_+Y\?4XE M?.[%B9L%<;27GY4J3TD5;SR;C,?%<3QNR(Z#U OC=))P.?#.1^,?P_B&?8[D M%Q8?WG\O+WU :%X+&60U[JV Q%'#YT'O ST+\IB!4[3Q@<6 #L '%M-@S, I M+/T2QN-SE/&$IUE^/4+6QF MT@^E)LZZ0?E>VIN@,M&-[L8SD+9MDQ"HX&13=!7>5C\&X!&\#=[V.*1.KWJU M0W"2((!8"::%QW%P'8C;\E/F>EXRX?[#0;8AWIVQ6UZL%F-^GA1]Z,PE0@*; M/H&/;LF+9_@MP^G07%T&+6E+*^RM?@S (]@;[.UQ2 =&WZH^IPQ6$H00*]RT M\#@M]@#SOR;!6.X'%L-O\6,:R%V_Z0M'W%@(J+]+@DE'@AAB(4"Y+HEE&_UN M]7HEH"5!#+'.K2T&X!'L#?;VY(2R.:B>,PY:$L2P_J7N1^&L<%K3-(#ZP%/W MK-:S)V0 $OH3C:CR3PW#%_5( ",U&(%A\S&$PY&#!+1J/H9P."5@5 ##NB$L M1MCO,U>$3KSF!];#^.)O[.ERT(1?]^]_VA\D]9Z_X[D7"W1^[ M[F7&DSTWO'%OTRG_3'/5JJ,S+=_>:M.??7ZGY3AO%HN0SW+8*H)2EA)?7\"? MK*1^)^GS$!>,S/E9:MD_=\P=YO$PE(HEA/'N]U(H\]]+6?:XK%MWI\&E& HU M"MUQRO>F/WQ@"X@N3KF)I]JNMK?;K:ZRU>^_''TZ/3S_G9V>?#T_^G;ZG9"E MMBR[QDK"AR)2H0[]%DK=1CV"WFOU^X@[&KL>08>,HV4K&?1>:]!&W-'8]0@Z M9!PM6\F@0\;1V/4).F0<+5O)H$/&T=CU"3ID'"U;R:!#QM'8MQ?TY9LZL,*\ MSA7FW_X\^_SUY.R,G9U\^G+R]9P='YX?LK>3R)WXHL'Y[PB1 +8*I5$RZ%AR M1F/7)^B0<;1L)8..T1$:NSY!AXRC92L9=,@X&KL^08>,HV4K&73(.!J[/D&' MC*-E*QETR#@:NZ9+SG64\R&R+'T^3#AG(_''8P!3+V\"&(C8@#55@8"M$@ !#: )3C R!#45L0!JJ MP,!6B !AM $!K9"%QN0ABHPL!4B0( A-(&!K=#%!J2A"@QLA0@08 A-8& K M=+$!:6BD62S+J9"Q6XK&4XAM\MCBF0 'F0B(]RAH_7&%Q(MY]%; :NZL@_QS M/O?BQ,V".-J;B!M.PD!\>N?@K2_/!$B8.XHG49:R(&+9,)ZD;N2G[\H3$;;. MQ67=!G)04V.C@$;81Z>XD3CXJ2+#^NB;)5< MJ4J,?2F<7^*+(.3L2^Q/!!U)NM^K<-R"/=( LJ;NRTJ2"2GINI/E;:?;@^=0Q@>> \\!.1H"$3RG$FP=P^YWZ* & M8E$A%ER'G*2!'.0A@NML)(<"U-*&6O =!#"6"KGF Z/= MZ]+!#)RBS2D8"TB@/0E@+,VL4P%2$285G 4DT)X$<)8*0Q99Y+1#JZHU2$6G M8,;&@L$=2#YH ,D'VU"?V.T5\A(QB,(+%XOJXD!YPV,8/%MVS(DZWGF: $$;FT+!1* M(0\1SI:HMG"S0I%OT$H;6L%SR D:R$$>(I2]J^8Y?7@.97S@.? T_B2!Z 6? >^ W(T"B+X3K4D/8=FR6G0 MZE4I'>L]TFA;*1UVK^5T:.-Q'LN#)A)^S:-)#143T!<@E_97I8(+5(TVAA7/ MIT!OXKG>A&ETV[0*.H";S> FG(V<*H(]S<>P8E% .-MS>2B.T1Y43T4!-PEB M"&>#LX$]JF (9UO3\5"FX=@F'5S!S<9P$\Y&3A7!GN9C"&=3LP )B-D,8L+6 MR$DBV--\#&%K:]J>T.X83J_Z@;X@)T$0:R[5\BB6BI]S0BU+$771<,:2]B2H MF'VCM>E3PPR<(HX/C 4DT)T$.!&S>9B!4\3Q@;& !+J3 ,;2/,S *>+XP%A M MU) &-I'F;@%'%\8"P@@>XD@+$T#S-PBE0ME"WG3,Q&[R(._5?B\-*@[\O7 MY^COIK(XB/WM *%$)/0&< MN:5X^(MD"O@X(4C "*B^\D%&&Z\_MQZJ3P@2, *JKWR0T<:A^H $C" 3?J@^ MVKCBX8?JDX,$C(#J*Q]DM'&H/B !(U"R8*MA/PX2[F7,RY?7XTLFRPVY(8O' MO%B$3_<(9:S B+>2%J2U[-2>28<%=F*0@!%0?>6#C#9>?_XT5)\0)& $5%_Y M(*.-0_4!"1A!)OQ0?;1QQ<,/U2<'"1@!U5<^R&CC4'U D:HMK_=T&^GDXHOP2NBR0>Q<./U?2#GM%W:)WF T) ]-4.,MHXH)#]V,^RSER77@R6KP9-)* M8,#(W5$\_%A7/[ L-CK[9!BQ MW2WJLTOH[").?)Y,XYK&8>"SXGTL?YBQ*TNE*[W4_BT;\F3K*2:SAKMY%%0P MYFTD]SR%Q#1.6DM5[2EQN W(T!"*X3K7!CC'HTBH" V*1(!9+(5+: M]]N68?4Z=# #IVAS"L8"$FA/@ODQ)8QEZ6: GN&8%AW,P"G:G(*Q@ 3:DP#& M4L%8+,/I5J_="DYISBD8"TB@/0E@+,VL6@%2$285G 4DT)X$<);G,>L.C'Z; M5NE3<$K7RAG$L3@JLRL*3(K_IFZXPAD5R+=4-ID/66'D(4(IC6I= L,A=L0X MB$6"6' =I=NR3B>I- ME/&!Y\!S0(Z&0 3/J01;S\)F9LKXP'/@.2!'0R""YU2";6"8[>J)Z2 6 6*A MA,9V2VC,U,ZXYM%DA:P.9'.JD"V(S#/:^*!D1H62&3VC8V(#&EE\J'$*Q@(2 M:$\";!.H='YF'R4SZ.)#C5,P%I! >Q+ 6"J5S.AWNW0P Z=H?BRB'SB. MT6G3.@H.C(#JJQUDM''D-M==\+@WJ%Y)'XQ0FQ%0?;1QU<,/U3_H&;9ETD$$ MA(#H*Q]DM'&(?KV0_-*W+9L0)J $9%_Y(*.-0_9KA:1C&YUV]1KQ8 2)1?1U MY3+,KIA/2_.7<9VKSI\_S-A-1 #5Q:)866<)#]V,^RSER77@\73K"2:S_DL> M%!(^OH6*-?!TIJ^[UA]6D>C0QBU4HLN XY20,YR$,T?PP9 M7.<1V%;((0"KM&$5+(>PP%B$2"6(L42+*?5HQWY,JLC'O/B M>(+J^1Q(L50AQV]&C&0,H43$\)G/VW@Q1$K[N],W>C:M)$UPBC"G8"P@@?8D MF!\[PE@>J>_0[U=?)P.G-.<4C 4DT)X$,);G,>L;E@5?(0L/-4K!5T "[4D M7VEFE0J0BC"IX"P@@?8D@+-4V!C;-WI6GPYFX!2I2AD;RZ @'O8S-ZRA! ;L M' ?94'7K+56RT-J,VX;9[M)!!(2 Z"L?9+3Q^C/=M19]VVC;/3J(@! 0?>6# MC#8.T:\W ZW3H8,'Z #)5S[(:..0_'K[^2:MO:J@ R1?[2"CC4/R:RY0T'=H ME6/3FA#;+3Z 0R9FL/B6#7FR]2P35!\BEY.%(BGD(<*1$M6J$_1HG1 .6I&@ M%3R'G*"!'.0A0L6[BA5QX#F4\8'GP'- CH9 !,^IEJK0KYZ=!EII0RMX#CE! M SG(0P3/:7R] U +O@/? 3D:!1%\I]KI>R^G0#OUY+,^3 MN$KB-&7C)+X,,D*)34BGW.KQ-JC,0A ?G"A1H<""8UAMFH>R@U,$.05C 0FT M)P'*Z%58)&L;W8%)!S-PBC:G8"P@@?8D@+%4.5&BW:&U;QB4(DPI^ I(H#T) MX"O-JT8!0A$F%%P%)-">!'"5"@4OND:[7SV% IRJFU,HB5$;%F<\#$5\F!OY MS/5'012DXH-9<,T9_SGF4;K" 11(KE0VB&8SMT4 .QJ! +KD-.TD .\A#!=:I5I1T8U@I'V()9!)BUW<(9 M2/R8P>)SY,4CSMZ&<9J^8Y=)/&+QF,O4CSBJGO*Q7FC0,R"4:5@E:PT"-X_A MKW3@JUB( ]V*9PL/&^UVPY))04L2T@I3@ZDIP!Y2IE9I]P-,[=G]W);9L#HA M8"4)986GP=,48 \\33E/LXP!L6.NPB*LRLW MB CELL)_MY(PK)/:4 M_D<*@M?]2@P2,@.HK'V2T\?IW7T'U"4$"1D#UE0\R MVCA4'Y" $63"#]5'&U<\_%!]5#AQ"<9,:,)FO(?!: M6)0V=' 'F,!):$0>;""'R?.G0,))*. $[A#$!$X"-H -<))&X03N$,0$3@(V M@ UPDD;A!.X0Q 1.0FI3-(XMH0W1\UZ#*C2RW$#'Z*UP_@*8I5-)@NUF3MB] MEM.A#<57GI4Y$SBDB7PO8&-GQ:!/3 039$LT R=PAR F)@/4BV>JT#1-WH#6E4H0,O72NMV2UD\BJ7B9T102RY#S2BJD\($C "JJ]\D-'&H?J !(P@$WZH/MJXXN&'ZI.# M!(R ZBL?Y KKCB!!W;;P:HC@&^ 4'7RV6SAAR^OTL]&[B$/_E3B\-.C[\O4Y M^OOF=@V_9D"?L>&I2)(9 ZL_??B M67YU7/TR-BW\A& M76_XJ]?

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