10-Q Filing

MCGRATH RENTCORP CIK: 752714 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001564590-22-026871`
Period End Date	20220630
Filing Date	20220728
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	mgrc-10q_20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 96 Cash Flow Statement 66 Stockholders Equity 42 Comprehensive Income 14

Balance Sheet 63 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
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.49M	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$874.00K	USD	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
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`	$140.91M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,125 in 2022 and 2021	`AccountsReceivableNet`	$167.33M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	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`	$1.04B	USD	Point-in-time
Relocatable modular buildings	`RelocatableModularBuildings`	$1.08B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	24.38M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	24.26M	shares	Point-in-time
Electronic test equipment	`ElectronicTestEquipment`	$361.39M	USD	Point-in-time
Electronic test equipment	`ElectronicTestEquipment`	$389.38M	USD	Point-in-time
Liquid and solid containment tanks and boxes	`LiquidAndSolidContainmentTanksAndBoxes`	$309.01M	USD	Point-in-time
Liquid and solid containment tanks and boxes	`LiquidAndSolidContainmentTanksAndBoxes`	$309.91M	USD	Point-in-time
Rental equipment, gross	`PropertySubjectToOrAvailableForOperatingLeaseGross`	$1.69B	USD	Point-in-time
Rental equipment, gross	`PropertySubjectToOrAvailableForOperatingLeaseGross`	$1.71B	USD	Point-in-time
Rental equipment, gross	`PropertySubjectToOrAvailableForOperatingLeaseGross`	$1.77B	USD	Point-in-time
Less: accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$676.77M	USD	Point-in-time
Less: accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$646.17M	USD	Point-in-time
Rental equipment, net	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$1.07B	USD	Point-in-time
Rental equipment, net	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$1.07B	USD	Point-in-time
Rental equipment, net	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$1.10B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation`	$137.47M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation`	$135.32M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$65.80M	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`	$44.09M	USD	Point-in-time
Goodwill	`Goodwill`	$132.39M	USD	Point-in-time
Goodwill	`Goodwill`	$132.31M	USD	Point-in-time
Total assets	`Assets`	$1.60B	USD	Point-in-time
Total assets	`Assets`	$1.65B	USD	Point-in-time
Notes payable	`NotesPayable`	$426.45M	USD	Point-in-time
Notes payable	`NotesPayable`	$441.46M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$137.73M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$136.31M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$77.55M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$58.72M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$236.61M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$242.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$863.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$893.35M	USD	Point-in-time
Common stock, no par value - Authorized 40,000 shares Issued and outstanding - 24,378 shares as of June 30, 2022 and 24,260 shares as of December 31, 2021	`CommonStockValue`	$108.61M	USD	Point-in-time
Common stock, no par value - Authorized 40,000 shares Issued and outstanding - 24,378 shares as of June 30, 2022 and 24,260 shares as of December 31, 2021	`CommonStockValue`	$105.89M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$623.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$646.13M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.00K	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`	$687.68M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$737.89M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$752.03M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$682.60M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$698.12M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.60B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.65B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Rental	`OperatingLeaseLeaseIncomeLeasePayments`	$180.67M	USD	2 Qtrs
Rental	`OperatingLeaseLeaseIncomeLeasePayments`	$214.87M	USD	2 Qtrs
Rental	`OperatingLeaseLeaseIncomeLeasePayments`	$94.58M	USD	1 Quarter
Rental	`OperatingLeaseLeaseIncomeLeasePayments`	$110.62M	USD	1 Quarter
Rental related services	`OperatingLeasesIncomeStatementLeaseRelatedServicesRevenue`	$22.69M	USD	1 Quarter
Rental related services	`OperatingLeasesIncomeStatementLeaseRelatedServicesRevenue`	$42.36M	USD	2 Qtrs
Rental related services	`OperatingLeasesIncomeStatementLeaseRelatedServicesRevenue`	$28.82M	USD	1 Quarter
Rental related services	`OperatingLeasesIncomeStatementLeaseRelatedServicesRevenue`	$53.14M	USD	2 Qtrs
Rental operations	`OperatingLeaseLeaseAndRelatedServicesIncome`	$139.44M	USD	1 Quarter
Rental operations	`OperatingLeaseLeaseAndRelatedServicesIncome`	$268.00M	USD	2 Qtrs
Rental operations	`OperatingLeaseLeaseAndRelatedServicesIncome`	$223.03M	USD	2 Qtrs
Rental operations	`OperatingLeaseLeaseAndRelatedServicesIncome`	$117.27M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$54.40M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$44.60M	USD	2 Qtrs
Total revenues	`Revenues`	$177.03M	USD	1 Quarter
Total revenues	`Revenues`	$267.63M	USD	2 Qtrs
Total revenues	`Revenues`	$322.40M	USD	2 Qtrs
Total revenues	`Revenues`	$146.44M	USD	1 Quarter
Depreciation of rental equipment	`CostOfGoodsAndServicesSoldDepreciation`	$47.94M	USD	2 Qtrs
Depreciation of rental equipment	`CostOfGoodsAndServicesSoldDepreciation`	$23.16M	USD	1 Quarter
Depreciation of rental equipment	`CostOfGoodsAndServicesSoldDepreciation`	$24.06M	USD	1 Quarter
Depreciation of rental equipment	`CostOfGoodsAndServicesSoldDepreciation`	$44.41M	USD	2 Qtrs
Rental related services	`CostOfRentalRelatedServices`	$17.28M	USD	1 Quarter
Rental related services	`CostOfRentalRelatedServices`	$31.88M	USD	2 Qtrs
Rental related services	`CostOfRentalRelatedServices`	$20.85M	USD	1 Quarter
Rental related services	`CostOfRentalRelatedServices`	$39.00M	USD	2 Qtrs
Other	`OtherCostOfOperatingRevenue`	$42.98M	USD	2 Qtrs
Other	`OtherCostOfOperatingRevenue`	$23.28M	USD	1 Quarter
Other	`OtherCostOfOperatingRevenue`	$60.65M	USD	2 Qtrs
Other	`OtherCostOfOperatingRevenue`	$32.83M	USD	1 Quarter
Total direct costs of rental operations	`DirectCostsOfRentalOperations`	$63.71M	USD	1 Quarter
Total direct costs of rental operations	`DirectCostsOfRentalOperations`	$77.74M	USD	1 Quarter
Total direct costs of rental operations	`DirectCostsOfRentalOperations`	$147.58M	USD	2 Qtrs
Total direct costs of rental operations	`DirectCostsOfRentalOperations`	$119.28M	USD	2 Qtrs
Costs of sales	`CostOfGoodsAndServicesSold`	$30.50M	USD	2 Qtrs
Costs of sales	`CostOfGoodsAndServicesSold`	$16.86M	USD	1 Quarter
Costs of sales	`CostOfGoodsAndServicesSold`	$25.40M	USD	2 Qtrs
Costs of sales	`CostOfGoodsAndServicesSold`	$21.45M	USD	1 Quarter
Total costs of revenues	`CostOfRevenue`	$144.68M	USD	2 Qtrs
Total costs of revenues	`CostOfRevenue`	$80.57M	USD	1 Quarter
Total costs of revenues	`CostOfRevenue`	$99.19M	USD	1 Quarter
Total costs of revenues	`CostOfRevenue`	$178.08M	USD	2 Qtrs
Gross profit	`GrossProfit`	$65.87M	USD	1 Quarter
Gross profit	`GrossProfit`	$122.95M	USD	2 Qtrs
Gross profit	`GrossProfit`	$77.84M	USD	1 Quarter
Gross profit	`GrossProfit`	$144.33M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$36.26M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$79.92M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$40.79M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$69.40M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$37.05M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$64.41M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$53.55M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$29.61M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$4.04M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$2.26M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$5.82M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$3.00M	USD	1 Quarter
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.00K	USD	1 Quarter
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-57.00K	USD	2 Qtrs
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-168.00K	USD	2 Qtrs
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-181.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.87M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.35M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.42M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.45M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.45M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.73M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.74M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.49M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$44.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.01M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$18.79M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.07	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.57	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.85	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.84	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.83	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.55	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.23M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.36M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.19M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.32M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.50M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.51M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.49M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.52M	shares	2 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.87	USD	2 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.43	USD	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.91	USD	2 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.46	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$38.01M	USD	2 Qtrs
Net income	`ProfitLoss`	$44.93M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$55.35M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$50.56M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.82M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$7.27M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$49.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$138.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.60M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.41M	USD	2 Qtrs
Gain on sale of used rental equipment	`GainLossOnSaleOfProperties`	$11.87M	USD	2 Qtrs
Gain on sale of used rental equipment	`GainLossOnSaleOfProperties`	$16.09M	USD	2 Qtrs
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.00K	USD	1 Quarter
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-57.00K	USD	2 Qtrs
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-168.00K	USD	2 Qtrs
Foreign currency exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-181.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$9.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$6.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.88M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.49M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.38M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.86M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-73.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$17.64M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$18.84M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$7.46M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$97.98M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$82.04M	USD	2 Qtrs
Purchases of rental equipment	`PaymentsToAcquireEquipmentOnLease`	$58.90M	USD	2 Qtrs
Purchases of rental equipment	`PaymentsToAcquireEquipmentOnLease`	$94.82M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.59M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.27M	USD	2 Qtrs
Cash paid for acquisition of businesses	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$284.34M	USD	2 Qtrs
Proceeds from sales of used rental equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$24.67M	USD	2 Qtrs
Proceeds from sales of used rental equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$31.83M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-69.58M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-320.84M	USD	2 Qtrs
Net borrowings under bank lines of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$189.98M	USD	2 Qtrs
Net borrowings under bank lines of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$15.00M	USD	2 Qtrs
Borrowings under note purchase agreement	`ProceedsFromIssuanceOfUnsecuredDebt`	$60.00M	USD	2 Qtrs
Taxes paid related to net share settlement of stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.13M	USD	2 Qtrs
Taxes paid related to net share settlement of stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.83M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$21.09M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$22.08M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.21M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$224.07M	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-33.00K	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$135.00K	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-617.00K	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.17M	USD	2 Qtrs
Cash balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.41M	USD	Point-in-time
Cash balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$874.00K	USD	Point-in-time
Cash balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.49M	USD	Point-in-time
Cash balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.24M	USD	Point-in-time
Cash balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.41M	USD	Point-in-time
Cash balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$874.00K	USD	Point-in-time
Cash balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.49M	USD	Point-in-time
Cash balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.24M	USD	Point-in-time
Interest paid, during the period	`InterestPaidNet`	$5.82M	USD	2 Qtrs
Interest paid, during the period	`InterestPaidNet`	$3.99M	USD	2 Qtrs
Net income taxes paid, during the period	`IncomeTaxesPaidNet`	$17.08M	USD	2 Qtrs
Net income taxes paid, during the period	`IncomeTaxesPaidNet`	$6.99M	USD	2 Qtrs
Dividends accrued during the period, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$9.92M	USD	Point-in-time
Dividends accrued during the period, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$11.01M	USD	Point-in-time
Rental equipment acquisitions, not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$8.50M	USD	2 Qtrs
Rental equipment acquisitions, not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$6.91M	USD	2 Qtrs

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.87	USD	2 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.43	USD	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.91	USD	2 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.46	USD	1 Quarter
Balance	`StockholdersEquity`	$732.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$687.68M	USD	Point-in-time
Balance	`StockholdersEquity`	$737.89M	USD	Point-in-time
Balance	`StockholdersEquity`	$752.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$682.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$698.12M	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	24.38M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	24.26M	shares	Point-in-time
Net income	`NetIncomeLoss`	$44.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.01M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$18.79M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.78M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.65M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.82M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.76M	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`	$2.52M	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`	$3.48M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.435, $0.435, per share for three months ended March 31, 2022, June 30,2022, and three months ended March 31, 2021 and June 30, 2021	`DividendsCommonStock`	$10.64M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.435, $0.435, per share for three months ended March 31, 2022, June 30,2022, and three months ended March 31, 2021 and June 30, 2021	`DividendsCommonStock`	$10.65M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.435, $0.435, per share for three months ended March 31, 2022, June 30,2022, and three months ended March 31, 2021 and June 30, 2021	`DividendsCommonStock`	$11.18M	USD	1 Quarter
Dividends accrued of $0.455, $0.455, $0.435, $0.435, per share for three months ended March 31, 2022, June 30,2022, and three months ended March 31, 2021 and June 30, 2021	`DividendsCommonStock`	$11.08M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$38.00K	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`	$3.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$732.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$687.68M	USD	Point-in-time
Balance	`StockholdersEquity`	$737.89M	USD	Point-in-time
Balance	`StockholdersEquity`	$752.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$682.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$698.12M	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	24.38M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	24.26M	shares	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$44.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.01M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$18.79M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Foreign currency translation adjustment, net of tax impact	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$64.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of tax impact	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax impact	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$61.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax impact	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.04M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$44.99M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$26.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.61M	USD	1 Quarter

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