$HEES
H&E Equipment Services, Inc.

2024 Q3 Form 10-Q Financial Statement

#000095017024087831 Filed on July 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $384.9M $376.3M
YoY Change -3.95% 4.46%
Cost Of Revenue $213.4M $205.0M
YoY Change 0.52% 6.84%
Gross Profit $171.5M $171.3M
YoY Change -8.99% 1.73%
Gross Profit Margin 44.55% 45.52%
Selling, General & Admin $112.4M $111.8M
YoY Change 7.9% 12.67%
% of Gross Profit 65.59% 65.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $110.6M $106.7M
YoY Change 9.52% 11.26%
% of Gross Profit 64.51% 62.31%
Operating Expenses $112.4M $111.8M
YoY Change 7.9% 12.67%
Operating Profit $60.67M $62.80M
YoY Change -23.41% -9.12%
Interest Expense -$18.77M $18.23M
YoY Change -216.27% -223.99%
% of Operating Profit -30.94% 29.02%
Other Income/Expense, Net -$17.32M -$16.75M
YoY Change 32.5% -1673.78%
Pretax Income $43.35M $46.06M
YoY Change -34.46% -17.61%
Income Tax $12.28M $12.80M
% Of Pretax Income 28.33% 27.78%
Net Earnings $31.07M $33.26M
YoY Change -36.44% -19.3%
Net Earnings / Revenue 8.07% 8.84%
Basic Earnings Per Share $0.86 $0.92
Diluted Earnings Per Share $0.85 $0.91
COMMON SHARES
Basic Shares Outstanding 36.52M 36.53M
Diluted Shares Outstanding 36.46M 36.47M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.08M $8.609M
YoY Change 60.62% -81.64%
Cash & Equivalents $11.08M $8.609M
Short-Term Investments
Other Short-Term Assets $14.47M $18.04M
YoY Change 8.82% -48.14%
Inventory $22.03M $21.89M
Prepaid Expenses
Receivables $252.2M $248.1M
Other Receivables $0.00 $0.00
Total Short-Term Assets $299.8M $296.6M
YoY Change -26.96% -41.13%
LONG-TERM ASSETS
Property, Plant & Equipment $244.7M $240.8M
YoY Change 49.64% -87.45%
Goodwill $135.2M $134.6M
YoY Change 39.53% 31.08%
Intangibles $66.01M $68.61M
YoY Change 139.31% 134.42%
Long-Term Investments
YoY Change
Other Assets $3.762M $4.045M
YoY Change -23.22% -21.81%
Total Long-Term Assets $2.593B $2.554B
YoY Change 19.01% 24.21%
TOTAL ASSETS
Total Short-Term Assets $299.8M $296.6M
Total Long-Term Assets $2.593B $2.554B
Total Assets $2.893B $2.851B
YoY Change 11.72% 11.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $91.29M $113.0M
YoY Change -24.62% -40.88%
Accrued Expenses $333.9M $290.8M
YoY Change 18.14% 14.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $427.2M $406.8M
YoY Change 5.07% -9.09%
LONG-TERM LIABILITIES
Long-Term Debt $1.524B $1.535B
YoY Change 9.84% 11.89%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.524B $1.535B
YoY Change 9.84% 11.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $427.2M $406.8M
Total Long-Term Liabilities $1.524B $1.535B
Total Liabilities $2.295B $2.275B
YoY Change 9.26% 7.79%
SHAREHOLDERS EQUITY
Retained Earnings $408.1M $387.1M
YoY Change 34.0% 45.67%
Common Stock $270.9M $268.3M
YoY Change 4.36% 4.27%
Preferred Stock
YoY Change
Treasury Stock (at cost) $81.80M $79.41M
YoY Change 7.6% 8.49%
Treasury Stock Shares
Shareholders Equity $597.2M $576.0M
YoY Change
Total Liabilities & Shareholders Equity $2.893B $2.851B
YoY Change 11.72% 11.35%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $31.07M $33.26M
YoY Change -36.44% -19.3%
Depreciation, Depletion And Amortization $110.6M $106.7M
YoY Change 9.52% 11.26%
Cash From Operating Activities $149.8M $133.0M
YoY Change 5.79% 45.07%
INVESTING ACTIVITIES
Capital Expenditures $153.4M $194.8M
YoY Change -35.13% -22.88%
Acquisitions
YoY Change
Other Investing Activities $29.62M $38.76M
YoY Change -44.54% -3.32%
Cash From Investing Activities -$123.8M -$156.0M
YoY Change -32.39% -26.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -23.53M 22.54M
YoY Change -1668.33% -71.01%
NET CHANGE
Cash From Operating Activities 149.8M 133.0M
Cash From Investing Activities -123.8M -156.0M
Cash From Financing Activities -23.53M 22.54M
Net Change In Cash 2.474M -467.0K
YoY Change -106.19% -98.92%
FREE CASH FLOW
Cash From Operating Activities $149.8M $133.0M
Capital Expenditures $153.4M $194.8M
Free Cash Flow -$3.618M -$61.77M
YoY Change -96.19% -61.61%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001339605
dei Amendment Flag
AmendmentFlag
false
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2024Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
http://fasb.org/us-gaap/2024#AccountingStandardsUpdate202307Member
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-51759
dei Entity Registrant Name
EntityRegistrantName
H&E Equipment Services, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
81-0553291
dei Entity Address Address Line1
EntityAddressAddressLine1
7500 Pecue Lane
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
70809
dei Entity Address City Or Town
EntityAddressCityOrTown
Baton Rouge
dei Entity Address State Or Province
EntityAddressStateOrProvince
LA
dei City Area Code
CityAreaCode
225
dei Local Phone Number
LocalPhoneNumber
298-5200
dei Security12b Title
Security12bTitle
Common Stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
HEES
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
36522703
CY2024Q2 us-gaap Cash
Cash
8609000
CY2023Q4 us-gaap Cash
Cash
8500000
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7831000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7126000
CY2024Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
248108000
CY2023Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
247430000
CY2024Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
129000
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
207000
CY2024Q2 us-gaap Inventory Net
InventoryNet
21891000
CY2023Q4 us-gaap Inventory Net
InventoryNet
109931000
CY2024Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
18041000
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
8740000
CY2024Q2 hees Accumulated Depreciation Of Rental Equipment
AccumulatedDepreciationOfRentalEquipment
1022455000
CY2023Q4 hees Accumulated Depreciation Of Rental Equipment
AccumulatedDepreciationOfRentalEquipment
990971000
CY2024Q2 hees Rental Equipment Net Of Accumulated Depreciation
RentalEquipmentNetOfAccumulatedDepreciation
1910777000
CY2023Q4 hees Rental Equipment Net Of Accumulated Depreciation
RentalEquipmentNetOfAccumulatedDepreciation
1756578000
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
201630000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
193723000
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
240835000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
183773000
CY2024Q2 hees Accumulated Amortization Operating Lease Right Of Use Asset
AccumulatedAmortizationOperatingLeaseRightOfUseAsset
82250000
CY2023Q4 hees Accumulated Amortization Operating Lease Right Of Use Asset
AccumulatedAmortizationOperatingLeaseRightOfUseAsset
71021000
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
191585000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
176703000
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
535000
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
345000
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3677000
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2891000
CY2024Q2 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
18170000
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
17606000
CY2024Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4045000
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4609000
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30894000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
25824000
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
68606000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
32576000
CY2024Q2 us-gaap Goodwill
Goodwill
134643000
CY2023Q4 us-gaap Goodwill
Goodwill
108155000
CY2024Q2 us-gaap Assets
Assets
2850817000
CY2023Q4 us-gaap Assets
Assets
2639886000
CY2024Q2 us-gaap Secured Debt
SecuredDebt
287295000
CY2023Q4 us-gaap Secured Debt
SecuredDebt
181642000
CY2024Q2 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
113029000
CY2023Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
85486000
CY2024Q2 hees Manufacturer Flooring Plans Payable
ManufacturerFlooringPlansPayable
2642000
CY2023Q4 hees Manufacturer Flooring Plans Payable
ManufacturerFlooringPlansPayable
2708000
CY2024Q2 hees Accrued Expenses Payable And Other Liabilities
AccruedExpensesPayableAndOtherLiabilities
83297000
CY2023Q4 hees Accrued Expenses Payable And Other Liabilities
AccruedExpensesPayableAndOtherLiabilities
87929000
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
280000
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
360000
CY2024Q2 hees Senior Unsecured Notes Unaccreted Discount
SeniorUnsecuredNotesUnaccretedDiscount
5221000
CY2023Q4 hees Senior Unsecured Notes Unaccreted Discount
SeniorUnsecuredNotesUnaccretedDiscount
5807000
CY2024Q2 hees Senior Unsecured Notes Deferred Financing Costs
SeniorUnsecuredNotesDeferredFinancingCosts
1206000
CY2023Q4 hees Senior Unsecured Notes Deferred Financing Costs
SeniorUnsecuredNotesDeferredFinancingCosts
1341000
CY2024Q2 hees Senior Unsecured Notes
SeniorUnsecuredNotes
1243573000
CY2023Q4 hees Senior Unsecured Notes
SeniorUnsecuredNotes
1242852000
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
207549000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
183775000
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
3862000
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3019000
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
333241000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
317826000
CY2024Q2 us-gaap Liabilities
Liabilities
2274768000
CY2023Q4 us-gaap Liabilities
Liabilities
2105597000
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000
CY2024Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40955169
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40823375
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36523320
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36449188
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
410000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
408000
CY2024Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
267917000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
261927000
CY2024Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
4431849
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
4374187
CY2024Q2 us-gaap Treasury Stock Value
TreasuryStockValue
79407000
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
76017000
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
387129000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
347971000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
576049000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
534289000
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2850817000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2639886000
CY2024Q2 us-gaap Revenues
Revenues
376282000
CY2023Q2 us-gaap Revenues
Revenues
360232000
us-gaap Revenues
Revenues
747639000
us-gaap Revenues
Revenues
682714000
CY2024Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
205002000
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
191871000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
411494000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
372975000
CY2024Q2 us-gaap Gross Profit
GrossProfit
171280000
CY2023Q2 us-gaap Gross Profit
GrossProfit
168361000
us-gaap Gross Profit
GrossProfit
336145000
us-gaap Gross Profit
GrossProfit
309739000
CY2024Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
111831000
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
99259000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
226109000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
194594000
CY2024Q2 hees Gain Loss On Sale Of Property Plant Equipment Continuing Operations
GainLossOnSaleOfPropertyPlantEquipmentContinuingOperations
3352000
CY2023Q2 hees Gain Loss On Sale Of Property Plant Equipment Continuing Operations
GainLossOnSaleOfPropertyPlantEquipmentContinuingOperations
436000
hees Gain Loss On Sale Of Property Plant Equipment Continuing Operations
GainLossOnSaleOfPropertyPlantEquipmentContinuingOperations
4785000
hees Gain Loss On Sale Of Property Plant Equipment Continuing Operations
GainLossOnSaleOfPropertyPlantEquipmentContinuingOperations
1103000
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
62801000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
69538000
us-gaap Operating Income Loss
OperatingIncomeLoss
114821000
us-gaap Operating Income Loss
OperatingIncomeLoss
116248000
CY2024Q2 us-gaap Interest Expense
InterestExpense
18227000
CY2023Q2 us-gaap Interest Expense
InterestExpense
14700000
us-gaap Interest Expense
InterestExpense
36593000
us-gaap Interest Expense
InterestExpense
28397000
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1482000
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1064000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3034000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2780000
CY2024Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-16745000
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-13636000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-33559000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-25617000
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
46056000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
55902000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
81262000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
90631000
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12795000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14686000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22112000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23741000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
33261000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
41216000
us-gaap Net Income Loss
NetIncomeLoss
59150000
us-gaap Net Income Loss
NetIncomeLoss
66890000
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.63
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.86
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36248000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36075000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36222000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36050000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36470000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36302000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36517000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36327000
us-gaap Profit Loss
ProfitLoss
59150000
us-gaap Profit Loss
ProfitLoss
66890000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22056000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16326000
hees Rental Depreciation
RentalDepreciation
183796000
hees Rental Depreciation
RentalDepreciation
167785000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
190000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
81000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5070000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3365000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
699000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
660000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-586000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-586000
us-gaap Operating Lease Expense
OperatingLeaseExpense
11229000
us-gaap Operating Lease Expense
OperatingLeaseExpense
9204000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2675000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1846000
us-gaap Inventory Write Down
InventoryWriteDown
0
us-gaap Inventory Write Down
InventoryWriteDown
6000
hees Deferred Income Tax Expense Benefit Continuing And Discontinuing Operations
DeferredIncomeTaxExpenseBenefitContinuingAndDiscontinuingOperations
15415000
hees Deferred Income Tax Expense Benefit Continuing And Discontinuing Operations
DeferredIncomeTaxExpenseBenefitContinuingAndDiscontinuingOperations
19970000
us-gaap Share Based Compensation
ShareBasedCompensation
5990000
us-gaap Share Based Compensation
ShareBasedCompensation
5029000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
4785000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1103000
hees Gain On Sales Of Rental Equipment Net
GainOnSalesOfRentalEquipmentNet
52077000
hees Gain On Sales Of Rental Equipment Net
GainOnSalesOfRentalEquipmentNet
42121000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-1793000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
3184000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3046000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
154719000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9287000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13333000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-22128000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
61710000
hees Increase Decrease In Manufacturer Flooring Plans Payable
IncreaseDecreaseInManufacturerFlooringPlansPayable
-66000
hees Increase Decrease In Manufacturer Flooring Plans Payable
IncreaseDecreaseInManufacturerFlooringPlansPayable
2084000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-6992000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-6172000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
216360000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
134910000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
157656000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
77054000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33393000
hees Purchases Of Rental Equipment
PurchasesOfRentalEquipment
151834000
hees Purchases Of Rental Equipment
PurchasesOfRentalEquipment
308142000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5530000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1474000
hees Proceeds From Sales Of Rental Equipment
ProceedsFromSalesOfRentalEquipment
82704000
hees Proceeds From Sales Of Rental Equipment
ProceedsFromSalesOfRentalEquipment
71146000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-298310000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-268915000
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
1023868000
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
876440000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
918215000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
748653000
us-gaap Payments Of Dividends
PaymentsOfDividends
20072000
us-gaap Payments Of Dividends
PaymentsOfDividends
19993000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3390000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3226000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4939000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
132000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
52000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
82059000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
99577000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
109000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-34428000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8500000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
81330000
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8609000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
46902000
hees Rental Fleet In Accounts Payable And Accrued Expenses Payable And Other Liabilities
RentalFleetInAccountsPayableAndAccruedExpensesPayableAndOtherLiabilities
49591000
hees Rental Fleet In Accounts Payable And Accrued Expenses Payable And Other Liabilities
RentalFleetInAccountsPayableAndAccruedExpensesPayableAndOtherLiabilities
0
hees Assets Transferred From Inventory To Rental Fleet
AssetsTransferredFromInventoryToRentalFleet
84994000
hees Assets Transferred From Inventory To Rental Fleet
AssetsTransferredFromInventoryToRentalFleet
66982000
hees Purchase Of Property Plant And Equipment Included In Accrued Expenses Payable And Other Liabilities
PurchaseOfPropertyPlantAndEquipmentIncludedInAccruedExpensesPayableAndOtherLiabilities
872000
hees Purchase Of Property Plant And Equipment Included In Accrued Expenses Payable And Other Liabilities
PurchaseOfPropertyPlantAndEquipmentIncludedInAccruedExpensesPayableAndOtherLiabilities
545000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
26111000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
14076000
us-gaap Interest Paid Net
InterestPaidNet
35375000
us-gaap Interest Paid Net
InterestPaidNet
26481000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9281000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3877000
CY2024Q2 hees Number Of Branch Locations
NumberOfBranchLocations
149
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:3.333%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America, which requires management to use its judgment to make estimates and assumptions that affect the reported amounts of assets and liabilities and related disclosures at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reported period. These assumptions and estimates could have a material effect on our condensed consolidated financial statements. Actual results may differ materially from those estimates. We review our estimates on an ongoing basis based on information currently available, and changes in facts and circumstances may cause us to revise these estimates.</span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:3.333%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Reclassifications</span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Certain reclassifications have been made to prior period amounts in the condensed consolidated statements of income to conform to the current period presentation. These reclassifications did not have a material impact on previously reported amounts.</span></p>
CY2024Q2 us-gaap Revenues
Revenues
376282000
CY2023Q2 us-gaap Revenues
Revenues
360232000
us-gaap Revenues
Revenues
747639000
us-gaap Revenues
Revenues
682714000
hees Number Of Major Customers
NumberOfMajorCustomers
0
hees Bad Debts As A Percentage Of Revenue
BadDebtsAsAPercentageOfRevenue
0.004
hees Bad Debts As A Percentage Of Revenue
BadDebtsAsAPercentageOfRevenue
0.003
CY2022Q4 us-gaap Goodwill
Goodwill
102690000
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
29000
CY2023Q4 us-gaap Goodwill
Goodwill
108155000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
17536000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
100000
CY2024Q2 us-gaap Goodwill
Goodwill
134643000
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
92700000
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
98400000
CY2024Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
98400000
CY2024Q2 us-gaap Property Plant And Equipment Salvage Value Percentage
PropertyPlantAndEquipmentSalvageValuePercentage
0.25
CY2024Q2 us-gaap Change In Accounting Principle Accounting Standards Update Adopted
ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted
true
CY2024Q2 us-gaap Change In Accounting Principle Accounting Standards Update Adoption Date
ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate
2024-01-01
CY2024Q2 us-gaap Change In Accounting Principle Accounting Standards Update Immaterial Effect
ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect
true
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
534289000
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3788000
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9900000
CY2024Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2000
CY2024Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
57662
CY2024Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3390000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
25889000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
550678000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2202000
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10092000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
33261000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
576049000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
401042000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2990000
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9794000
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000
CY2023Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
58211
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3226000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25674000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
416687000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2039000
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10046000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
41216000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
449896000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
497396
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
40.73
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
73063
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
38.33
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
139584
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
36.28
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
7790
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
42.71
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
423085
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
41.74
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
10200000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y6M
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2202000
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2039000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5990000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5029000
CY2023Q2 hees Percentage Of Restricted Shares In Outstanding Common Stock
PercentageOfRestrictedSharesInOutstandingCommonStock
0.01
hees Percentage Of Restricted Shares In Outstanding Common Stock
PercentageOfRestrictedSharesInOutstandingCommonStock
0.01
CY2024Q2 hees Percentage Of Restricted Shares In Outstanding Common Stock
PercentageOfRestrictedSharesInOutstandingCommonStock
0.01
hees Percentage Of Restricted Shares In Outstanding Common Stock
PercentageOfRestrictedSharesInOutstandingCommonStock
0.01
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
33261000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
41216000
us-gaap Net Income Loss
NetIncomeLoss
59150000
us-gaap Net Income Loss
NetIncomeLoss
66890000
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36248000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36075000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36222000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36050000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36470000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36302000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36517000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36327000
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.63
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.86
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.275
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.275
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.55
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.55
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y4M24D
CY2024Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P8Y6M
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.064
CY2024Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.06
CY2024Q2 hees Lessee Operating Lease Liability Not Yet Commenced Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityNotYetCommencedRemainderOfFiscalYear
900000
CY2024Q2 hees Lessee Operating Lease Liability Not Yet Commenced Payments Due In Next Twelve Months
LesseeOperatingLeaseLiabilityNotYetCommencedPaymentsDueInNextTwelveMonths
3700000
CY2024Q2 hees Lessee Operating Lease Liability Not Yet Commenced Payments Due In Two Years
LesseeOperatingLeaseLiabilityNotYetCommencedPaymentsDueInTwoYears
4400000
CY2024Q2 hees Lessee Operating Lease Liability Not Yet Commenced Payments Due In Three Years
LesseeOperatingLeaseLiabilityNotYetCommencedPaymentsDueInThreeYears
4500000
CY2024Q2 hees Lessee Operating Lease Liability Not Yet Commenced Payments Due In Four Years
LesseeOperatingLeaseLiabilityNotYetCommencedPaymentsDueInFourYears
4700000
CY2024Q2 hees Lessee Operating Lease Liability Not Yet Commenced Payments Due Thereafter
LesseeOperatingLeaseLiabilityNotYetCommencedPaymentsDueThereafter
33000000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5
CY2024Q2 hees Percentage Of Revenue From International Market On Aggregate Revenue
PercentageOfRevenueFromInternationalMarketOnAggregateRevenue
0.001
CY2023Q2 hees Percentage Of Revenue From International Market On Aggregate Revenue
PercentageOfRevenueFromInternationalMarketOnAggregateRevenue
0.001
hees Percentage Of Revenue From International Market On Aggregate Revenue
PercentageOfRevenueFromInternationalMarketOnAggregateRevenue
0.001
hees Percentage Of Revenue From International Market On Aggregate Revenue
PercentageOfRevenueFromInternationalMarketOnAggregateRevenue
0.001
CY2024Q2 hees Number Of Major Customers
NumberOfMajorCustomers
0
hees Number Of Major Customers
NumberOfMajorCustomers
0
CY2023Q2 hees Number Of Major Customers
NumberOfMajorCustomers
0
hees Number Of Major Customers
NumberOfMajorCustomers
0

Files In Submission

Name View Source Status
0000950170-24-087831-index-headers.html Edgar Link pending
0000950170-24-087831-index.html Edgar Link pending
0000950170-24-087831.txt Edgar Link pending
0000950170-24-087831-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hees-20240630.htm Edgar Link pending
hees-20240630.xsd Edgar Link pending
hees-ex31_1.htm Edgar Link pending
hees-ex31_2.htm Edgar Link pending
hees-ex32_1.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
hees-20240630_htm.xml Edgar Link completed
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable