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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net earnings (loss) $ 101,778 $ (6,090)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities    
Depreciation of rental merchandise 309,211 308,776
Bad debt expense 5,978 5,846
Stock-based compensation expense 2,691 2,995
Depreciation of property assets 30,809 35,017
Loss on sale or disposal of property assets 1,472 2,423
Amortization of intangibles 85 310
Amortization of financing fees 1,958 2,701
Deferred income taxes 10,814 1,492
Changes in operating assets and liabilities, net of effects of acquisitions    
Rental merchandise (253,259) (229,068)
Receivables (2,995) (5,700)
Prepaid expenses and other assets 15,384 10,982
Operating lease right-of-use assets and lease liabilities 5,868 0
Accounts payable - trade (18,182) 2,044
Accrued liabilities (26,194) 11,178
Net cash provided by operating activities 185,418 142,906
Cash flows from investing activities    
Purchase of property assets (5,088) (15,695)
Proceeds from sale of property assets 13,792 14,792
Hurricane insurance recovery proceeds 995 0
Acquisitions of businesses (155) (761)
Net cash provided by (used in) investing activities 9,544 (1,664)
Cash flows from financing activities    
Exercise of stock options 4,310 970
Shares withheld for payment of employee tax withholdings (1,733) (271)
Debt issuance costs 157 0
Proceeds from debt 5,400 26,850
Repayments of debt (5,400) (125,010)
Net cash provided by (used in) financing activities 2,420 (97,461)
Effect of exchange rate changes on cash 366 84
Net increase in cash and cash equivalents 197,748 43,865
Cash and cash equivalents at beginning of period 155,391 72,968
Cash and cash equivalents at end of period $ 353,139 $ 116,833