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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
Q1 FY2021
As of Mar 31, 2021
Q4 FY2020
As of Dec 31, 2020
Q3 FY2020
As of Sep 30, 2020
Q2 FY2020
As of Jun 30, 2020
ASSETS
Cash and cash equivalents
Receivables, net of allowance for doubtful accounts of $8,873 and $9,435, respectively
Inventories, net of reserves for obsolescence of $271 and $180, respectively
Prepaid expenses and other assets
Rental equipment, net of accumulated depreciation of $1,170,645 and $1,112,196, respectively
Property and equipment, net of accumulated depreciation and amortization of $217,523 and $211,682, respectively
Operating lease right-of-use assets, net of accumulated amortization of $99,608 and $94,892, respectively
Finance lease right-of-use assets, net of accumulated amortization of $918 and $790, respectively
Deferred financing costs, net of accumulated amortization of $19,017 and $18,735, respectively
Intangible assets, net of accumulated amortization of $38,687 and $36,089, respectively
Goodwill
Total assets
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Senior secured credit facility
Accounts payable
Manufacturer flooring plans payable
Accrued expenses payable and other liabilities
Dividends payable
Senior unsecured notes, net of unaccreted discount of $4,342 and $4,635 and deferred financing costs of $1,003 and $1,070, respectively
Operating lease liabilities
Finance lease liabilities
Deferred income taxes
Total liabilities
Stockholders' equity:
Common stock, $0.01 par value, 175,000,000 shares authorized; 41,203,382 and 41,086,358 shares issued at March 31, 2025 and December 31, 2024, respectively, and 36,667,685 and 36,604,864 shares outstanding at March 31, 2025 and December 31, 2024, respectively
Additional paid-in capital
Treasury stock at cost, 4,535,697 and 4,481,494 shares of common stock held at March 31, 2025 and December 31, 2024, respectively
Retained earnings
Total stockholders’ equity
Total liabilities and stockholders’ equity

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