10-Q Filing

MCGRATH RENTCORP CIK: 752714 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-020314`
Period End Date	20220930
Filing Date	20221027
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	mgrc-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 98 Cash Flow Statement 67 Stockholders Equity 56 Comprehensive Income 16

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$2.12M	USD	Point-in-time
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$2.12M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.56M	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.49M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,125 in 2022 and 2021	`AccountsReceivableNet`	$189.96M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,125 in 2022 and 2021	`AccountsReceivableNet`	$159.50M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,125 in 2022 and 2021	`AccountsReceivableNet`	$168.83M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.38M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.26M	shares	Point-in-time
Relocatable modular buildings	`RelocatableModularBuildings`	$1.09B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	24.26M	shares	Point-in-time
Relocatable modular buildings	`RelocatableModularBuildings`	$1.04B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	24.38M	shares	Point-in-time
Electronic test equipment	`ElectronicTestEquipment`	$396.07M	USD	Point-in-time
Electronic test equipment	`ElectronicTestEquipment`	$361.39M	USD	Point-in-time
Liquid and solid containment tanks and boxes	`LiquidAndSolidContainmentTanksAndBoxes`	$309.61M	USD	Point-in-time
Liquid and solid containment tanks and boxes	`LiquidAndSolidContainmentTanksAndBoxes`	$309.91M	USD	Point-in-time
Rental equipment, gross	`PropertySubjectToOrAvailableForOperatingLeaseGross`	$1.79B	USD	Point-in-time
Rental equipment, gross	`PropertySubjectToOrAvailableForOperatingLeaseGross`	$1.71B	USD	Point-in-time
Rental equipment, gross	`PropertySubjectToOrAvailableForOperatingLeaseGross`	$1.70B	USD	Point-in-time
Less: accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$646.17M	USD	Point-in-time
Less: accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$690.91M	USD	Point-in-time
Rental equipment, net	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$1.07B	USD	Point-in-time
Rental equipment, net	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$1.10B	USD	Point-in-time
Rental equipment, net	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$1.06B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation`	$139.20M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation`	$135.32M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$72.26M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$54.95M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$47.05M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$42.61M	USD	Point-in-time
Goodwill	`Goodwill`	$132.31M	USD	Point-in-time
Goodwill	`Goodwill`	$132.39M	USD	Point-in-time
Total assets	`Assets`	$1.60B	USD	Point-in-time
Total assets	`Assets`	$1.68B	USD	Point-in-time
Notes payable	`NotesPayable`	$419.46M	USD	Point-in-time
Notes payable	`NotesPayable`	$426.45M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$136.31M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$154.94M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$92.11M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$58.72M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$242.43M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$238.13M	USD	Point-in-time
Total liabilities	`Liabilities`	$863.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$904.65M	USD	Point-in-time
Common stock, no par value - Authorized 40,000 shares Issued and outstanding - 24,382 shares as of September 30, 2022 and 24,260 shares as of December 31, 2021	`CommonStockValue`	$107.46M	USD	Point-in-time
Common stock, no par value - Authorized 40,000 shares Issued and outstanding - 24,382 shares as of September 30, 2022 and 24,260 shares as of December 31, 2021	`CommonStockValue`	$108.61M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$623.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$665.53M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$75.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-54.00K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$732.02M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$682.60M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$687.68M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$752.03M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$698.12M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$773.07M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$712.46M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$737.89M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.60B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.68B	USD	Point-in-time

Income Statement 98 line items

Line Item	Tag	Value	Unit	Period
Rental	`OperatingLeaseLeaseIncomeLeasePayments`	$283.94M	USD	3 Qtrs
Rental	`OperatingLeaseLeaseIncomeLeasePayments`	$118.36M	USD	1 Quarter
Rental	`OperatingLeaseLeaseIncomeLeasePayments`	$103.27M	USD	1 Quarter
Rental	`OperatingLeaseLeaseIncomeLeasePayments`	$333.23M	USD	3 Qtrs
Rental related services	`OperatingLeasesIncomeStatementLeaseRelatedServicesRevenue`	$73.87M	USD	3 Qtrs
Rental related services	`OperatingLeasesIncomeStatementLeaseRelatedServicesRevenue`	$35.36M	USD	1 Quarter
Rental related services	`OperatingLeasesIncomeStatementLeaseRelatedServicesRevenue`	$88.50M	USD	3 Qtrs
Rental related services	`OperatingLeasesIncomeStatementLeaseRelatedServicesRevenue`	$31.51M	USD	1 Quarter
Rental operations	`OperatingLeaseLeaseAndRelatedServicesIncome`	$421.72M	USD	3 Qtrs
Rental operations	`OperatingLeaseLeaseAndRelatedServicesIncome`	$134.78M	USD	1 Quarter
Rental operations	`OperatingLeaseLeaseAndRelatedServicesIncome`	$153.72M	USD	1 Quarter
Rental operations	`OperatingLeaseLeaseAndRelatedServicesIncome`	$357.81M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$83.11M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$101.22M	USD	3 Qtrs
Total revenues	`Revenues`	$440.92M	USD	3 Qtrs
Total revenues	`Revenues`	$522.94M	USD	3 Qtrs
Total revenues	`Revenues`	$200.54M	USD	1 Quarter
Total revenues	`Revenues`	$173.29M	USD	1 Quarter
Depreciation of rental equipment	`CostOfGoodsAndServicesSoldDepreciation`	$68.22M	USD	3 Qtrs
Depreciation of rental equipment	`CostOfGoodsAndServicesSoldDepreciation`	$23.80M	USD	1 Quarter
Depreciation of rental equipment	`CostOfGoodsAndServicesSoldDepreciation`	$24.18M	USD	1 Quarter
Depreciation of rental equipment	`CostOfGoodsAndServicesSoldDepreciation`	$72.11M	USD	3 Qtrs
Rental related services	`CostOfRentalRelatedServices`	$64.97M	USD	3 Qtrs
Rental related services	`CostOfRentalRelatedServices`	$56.24M	USD	3 Qtrs
Rental related services	`CostOfRentalRelatedServices`	$24.36M	USD	1 Quarter
Rental related services	`CostOfRentalRelatedServices`	$25.97M	USD	1 Quarter
Other	`OtherCostOfOperatingRevenue`	$67.70M	USD	3 Qtrs
Other	`OtherCostOfOperatingRevenue`	$31.71M	USD	1 Quarter
Other	`OtherCostOfOperatingRevenue`	$92.36M	USD	3 Qtrs
Other	`OtherCostOfOperatingRevenue`	$24.71M	USD	1 Quarter
Total direct costs of rental operations	`DirectCostsOfRentalOperations`	$81.86M	USD	1 Quarter
Total direct costs of rental operations	`DirectCostsOfRentalOperations`	$229.44M	USD	3 Qtrs
Total direct costs of rental operations	`DirectCostsOfRentalOperations`	$192.15M	USD	3 Qtrs
Total direct costs of rental operations	`DirectCostsOfRentalOperations`	$72.87M	USD	1 Quarter
Costs of sales	`CostOfGoodsAndServicesSold`	$50.02M	USD	3 Qtrs
Costs of sales	`CostOfGoodsAndServicesSold`	$59.74M	USD	3 Qtrs
Costs of sales	`CostOfGoodsAndServicesSold`	$24.62M	USD	1 Quarter
Costs of sales	`CostOfGoodsAndServicesSold`	$29.24M	USD	1 Quarter
Total costs of revenues	`CostOfRevenue`	$97.49M	USD	1 Quarter
Total costs of revenues	`CostOfRevenue`	$289.17M	USD	3 Qtrs
Total costs of revenues	`CostOfRevenue`	$242.17M	USD	3 Qtrs
Total costs of revenues	`CostOfRevenue`	$111.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$233.77M	USD	3 Qtrs
Gross profit	`GrossProfit`	$89.44M	USD	1 Quarter
Gross profit	`GrossProfit`	$198.75M	USD	3 Qtrs
Gross profit	`GrossProfit`	$75.81M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$39.91M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$44.09M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$124.01M	USD	3 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$109.31M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$89.45M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$109.76M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$45.34M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$35.90M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$7.21M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$4.18M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$10.00M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$3.17M	USD	1 Quarter
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-404.00K	USD	3 Qtrs
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-236.00K	USD	1 Quarter
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-128.00K	USD	1 Quarter
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-185.00K	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.60M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$40.93M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$82.06M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$99.35M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.86M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.35M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.37M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$20.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$75.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$26.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.26M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.79M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.57M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.10	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$2.53	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.25	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.08	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.50	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.25	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.34M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.21M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.25M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.38M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.52M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.51M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.51M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.50M	shares	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.36	USD	3 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.30	USD	3 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.43	USD	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.46	USD	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$61.26M	USD	3 Qtrs
Net income	`ProfitLoss`	$75.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$79.05M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$83.27M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$15.40M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.30M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$193.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$307.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.30M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.11M	USD	3 Qtrs
Gain on sale of used rental equipment	`GainLossOnSaleOfProperties`	$17.79M	USD	3 Qtrs
Gain on sale of used rental equipment	`GainLossOnSaleOfProperties`	$26.70M	USD	3 Qtrs
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-404.00K	USD	3 Qtrs
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-236.00K	USD	1 Quarter
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-128.00K	USD	1 Quarter
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-185.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$11.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$13.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$30.77M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$33.47M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.41M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.31M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$17.43M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.38M	USD	3 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$33.40M	USD	3 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$20.13M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$136.29M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$133.30M	USD	3 Qtrs
Purchases of rental equipment	`PaymentsToAcquireEquipmentOnLease`	$90.38M	USD	3 Qtrs
Purchases of rental equipment	`PaymentsToAcquireEquipmentOnLease`	$130.40M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.59M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$969.00K	USD	3 Qtrs
Cash paid for acquisition of businesses	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$285.62M	USD	3 Qtrs
Proceeds from sales of used rental equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$41.56M	USD	3 Qtrs
Proceeds from sales of used rental equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$54.19M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-335.42M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.80M	USD	3 Qtrs
Net (payments) borrowings under bank lines of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-7.00M	USD	3 Qtrs
Net (payments) borrowings under bank lines of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$176.76M	USD	3 Qtrs
Borrowings under note purchase agreement	`ProceedsFromIssuanceOfUnsecuredDebt`	$100.00M	USD	3 Qtrs
Principal payment of Series B senior notes	`RepaymentsOfSeniorDebt`	$40.00M	USD	3 Qtrs
Taxes paid related to net share settlement of stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.85M	USD	3 Qtrs
Taxes paid related to net share settlement of stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.25M	USD	3 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$33.17M	USD	3 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$31.64M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$200.28M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.43M	USD	3 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-4.00K	USD	3 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-5.00K	USD	3 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.14M	USD	3 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$70.00K	USD	3 Qtrs
Cash balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.56M	USD	Point-in-time
Cash balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.49M	USD	Point-in-time
Cash balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.38M	USD	Point-in-time
Cash balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.24M	USD	Point-in-time
Cash balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.56M	USD	Point-in-time
Cash balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.49M	USD	Point-in-time
Cash balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.38M	USD	Point-in-time
Cash balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.24M	USD	Point-in-time
Interest paid, during the period	`InterestPaidNet`	$8.98M	USD	3 Qtrs
Interest paid, during the period	`InterestPaidNet`	$6.48M	USD	3 Qtrs
Net income taxes paid, during the period	`IncomeTaxesPaidNet`	$24.89M	USD	3 Qtrs
Net income taxes paid, during the period	`IncomeTaxesPaidNet`	$8.07M	USD	3 Qtrs
Dividends accrued during the period, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$11.17M	USD	Point-in-time
Dividends accrued during the period, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$10.00M	USD	Point-in-time
Rental equipment acquisitions, not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$2.20M	USD	3 Qtrs
Rental equipment acquisitions, not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$9.55M	USD	3 Qtrs

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.36	USD	3 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.30	USD	3 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.43	USD	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.46	USD	1 Quarter
Balance	`StockholdersEquity`	$732.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$682.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$687.68M	USD	Point-in-time
Balance	`StockholdersEquity`	$752.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$698.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$773.07M	USD	Point-in-time
Balance	`StockholdersEquity`	$712.46M	USD	Point-in-time
Balance	`StockholdersEquity`	$737.89M	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	24.26M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	24.38M	shares	Point-in-time
Net income	`NetIncomeLoss`	$75.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$26.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.26M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.79M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.57M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.82M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.71M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.78M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.69M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.76M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.65M	USD	1 Quarter
Taxes paid related to net share settlement of stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.35M	USD	1 Quarter
Taxes paid related to net share settlement of stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.60M	USD	1 Quarter
Taxes paid related to net share settlement of stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$19.00K	USD	1 Quarter
Taxes paid related to net share settlement of stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.52M	USD	1 Quarter
Taxes paid related to net share settlement of stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$125.00K	USD	1 Quarter
Taxes paid related to net share settlement of stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.48M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.455, $0.435, $0.435 and $0.435 per share for three months ended March 31, 2022, June 30,2022, September 30, 2022 and three months ended March 31, 2021, June 30, 2021, September 30, 2021	`DividendsCommonStock`	$11.17M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.455, $0.435, $0.435 and $0.435 per share for three months ended March 31, 2022, June 30,2022, September 30, 2022 and three months ended March 31, 2021, June 30, 2021, September 30, 2021	`DividendsCommonStock`	$11.08M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.455, $0.435, $0.435 and $0.435 per share for three months ended March 31, 2022, June 30,2022, September 30, 2022 and three months ended March 31, 2021, June 30, 2021, September 30, 2021	`DividendsCommonStock`	$11.18M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.455, $0.435, $0.435 and $0.435 per share for three months ended March 31, 2022, June 30,2022, September 30, 2022 and three months ended March 31, 2021, June 30, 2021, September 30, 2021	`DividendsCommonStock`	$10.63M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.455, $0.435, $0.435 and $0.435 per share for three months ended March 31, 2022, June 30,2022, September 30, 2022 and three months ended March 31, 2021, June 30, 2021, September 30, 2021	`DividendsCommonStock`	$10.64M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.455, $0.435, $0.435 and $0.435 per share for three months ended March 31, 2022, June 30,2022, September 30, 2022 and three months ended March 31, 2021, June 30, 2021, September 30, 2021	`DividendsCommonStock`	$10.65M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$27.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$61.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$65.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$38.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$732.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$682.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$687.68M	USD	Point-in-time
Balance	`StockholdersEquity`	$752.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$698.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$773.07M	USD	Point-in-time
Balance	`StockholdersEquity`	$712.46M	USD	Point-in-time
Balance	`StockholdersEquity`	$737.89M	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	24.26M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	24.38M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$75.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$26.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.26M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.79M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.57M	USD	1 Quarter
Foreign currency translation adjustment, net of tax impact	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$63.00K	USD	3 Qtrs
Foreign currency translation adjustment, net of tax impact	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$27.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax impact	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$129.00K	USD	3 Qtrs
Foreign currency translation adjustment, net of tax impact	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$65.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$61.32M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.28M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$75.63M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$30.63M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.