$HEES
H&E Equipment Services, Inc.

2014 Q4 Form 10-Q Financial Statement

#000119312514389603 Filed on October 30, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $297.8M $275.0M $270.4M
YoY Change 14.71% 1.7% 32.24%
Cost Of Revenue $202.7M $184.0M $190.1M
YoY Change 13.94% -3.25% 38.2%
Gross Profit $95.00M $91.07M $80.30M
YoY Change 16.42% 13.41% 19.99%
Gross Profit Margin 31.9% 33.11% 29.69%
Selling, General & Admin $54.20M $51.59M $46.98M
YoY Change 11.29% 9.81% 10.79%
% of Gross Profit 57.05% 56.65% 58.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $45.50M $42.80M $35.80M
YoY Change 23.31% 19.55% 16.99%
% of Gross Profit 47.89% 47.0% 44.58%
Operating Expenses $54.20M $51.59M $46.98M
YoY Change 11.29% 9.81% 10.79%
Operating Profit $41.22M $39.99M $33.93M
YoY Change 22.08% 17.86% 35.54%
Interest Expense -$13.60M $13.17M $13.19M
YoY Change 5.43% -0.17% 34.28%
% of Operating Profit -33.0% 32.93% 38.88%
Other Income/Expense, Net $400.0K -$12.88M -$12.96M
YoY Change 33.33% -0.6% -34.44%
Pretax Income $27.96M $27.12M $20.98M
YoY Change 31.93% 29.27% 297.8%
Income Tax $11.30M $11.82M $7.023M
% Of Pretax Income 40.42% 43.57% 33.48%
Net Earnings $16.68M $15.30M $13.95M
YoY Change 14.22% 9.65% 276.19%
Net Earnings / Revenue 5.6% 5.56% 5.16%
Basic Earnings Per Share $0.47 $0.43 $0.40
Diluted Earnings Per Share $0.47 $0.43 $0.40
COMMON SHARES
Basic Shares Outstanding 35.23M shares 35.21M 35.10M shares
Diluted Shares Outstanding 35.27M 35.17M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.90M $5.300M $6.700M
YoY Change -9.66% -20.9% 103.03%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $9.100M $7.900M $6.500M
YoY Change 51.67% 21.54% 27.45%
Inventory $134.0M $161.9M $117.5M
Prepaid Expenses
Receivables $160.9M $146.5M $141.5M
Other Receivables $3.400M $0.00 $0.00
Total Short-Term Assets $323.3M $321.6M $272.2M
YoY Change 21.0% 18.15% 12.43%
LONG-TERM ASSETS
Property, Plant & Equipment $109.9M $108.3M $766.5M
YoY Change 11.58% -85.87% 17.69%
Goodwill $31.20M $31.20M $31.42M
YoY Change 0.0% -0.7%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.700M $4.900M $5.000M
YoY Change 0.0% -2.0% -65.03%
Total Long-Term Assets $1.036B $997.2M $802.8M
YoY Change 25.8% 24.21% 15.0%
TOTAL ASSETS
Total Short-Term Assets $323.3M $321.6M $272.2M
Total Long-Term Assets $1.036B $997.2M $802.8M
Total Assets $1.359B $1.319B $1.075B
YoY Change 24.62% 22.68% 14.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $53.30M $89.90M $52.60M
YoY Change -21.39% 70.91% -30.52%
Accrued Expenses $60.50M $45.50M $45.90M
YoY Change 11.21% -0.87% 22.07%
Deferred Revenue
YoY Change
Short-Term Debt $259.9M $220.5M $135.1M
YoY Change 153.56% 63.21% 3.37%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $469.4M $450.4M $286.0M
YoY Change 69.83% 57.48% -6.04%
LONG-TERM LIABILITIES
Long-Term Debt $630.8M $630.8M $630.8M
YoY Change 0.0% 0.0% 18.46%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $630.8M $630.8M $630.8M
YoY Change 0.0% 0.0% 18.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $469.4M $450.4M $286.0M
Total Long-Term Liabilities $630.8M $630.8M $630.8M
Total Liabilities $1.225B $1.193B $995.2M
YoY Change 23.09% 19.88% 10.23%
SHAREHOLDERS EQUITY
Retained Earnings -$25.44M -$33.31M -$77.49M
YoY Change -59.55% -57.02%
Common Stock $218.7M $218.9M $215.7M
YoY Change 1.19% 1.47%
Preferred Stock
YoY Change
Treasury Stock (at cost) $59.94M $59.94M $58.47M
YoY Change 2.51% 2.51%
Treasury Stock Shares $3.868M 3.864M shares 3.819M shares
Shareholders Equity $133.4M $125.7M $79.78M
YoY Change
Total Liabilities & Shareholders Equity $1.359B $1.319B $1.075B
YoY Change 24.62% 22.68% 14.34%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $16.68M $15.30M $13.95M
YoY Change 14.22% 9.65% 276.19%
Depreciation, Depletion And Amortization $45.50M $42.80M $35.80M
YoY Change 23.31% 19.55% 16.99%
Cash From Operating Activities $51.70M $68.70M $21.00M
YoY Change -41.84% 227.14% 500.0%
INVESTING ACTIVITIES
Capital Expenditures -$102.4M -$127.1M -$85.20M
YoY Change 30.61% 49.18% -15.05%
Acquisitions
YoY Change
Other Investing Activities $31.30M $19.70M $32.90M
YoY Change -6.01% -40.12% 56.67%
Cash From Investing Activities -$71.10M -$107.4M -$52.30M
YoY Change 57.3% 105.35% -34.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 30.00M 37.90M 33.80M
YoY Change -191.74% 12.13% -55.23%
NET CHANGE
Cash From Operating Activities 51.70M 68.70M 21.00M
Cash From Investing Activities -71.10M -107.4M -52.30M
Cash From Financing Activities 30.00M 37.90M 33.80M
Net Change In Cash 10.60M -800.0K 2.500M
YoY Change -3.64% -132.0% -725.0%
FREE CASH FLOW
Cash From Operating Activities $51.70M $68.70M $21.00M
Capital Expenditures -$102.4M -$127.1M -$85.20M
Free Cash Flow $154.1M $195.8M $106.2M
YoY Change -7.89% 84.37% 2.31%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q3 us-gaap Cash
Cash
6666000
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35236466 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
51000 shares
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39100021 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
152832 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
17.80
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
51000 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3537999 shares
CY2014Q3 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.026 pure
CY2014Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
17.80
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000 shares
CY2014Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
3863555 shares
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
27.05
CY2014Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2014Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
89946000
CY2014Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
85451000
CY2014Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
2089000
CY2014Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
111873000
CY2014Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
125672000
CY2014Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
218523000
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3070000
CY2014Q3 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
10891000
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-33306000
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
390000
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1318788000
CY2014Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
716000
CY2014Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
2145000
CY2014Q3 us-gaap Liabilities
Liabilities
1193116000
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
146519000
CY2014Q3 us-gaap Goodwill
Goodwill
31197000
CY2014Q3 us-gaap Assets
Assets
1318788000
CY2014Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
3500000
CY2014Q3 us-gaap Inventory Net
InventoryNet
161861000
CY2014Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4884000
CY2014Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
7886000
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2100000
CY2014Q3 us-gaap Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
CY2014Q3 us-gaap Cash
Cash
5287000
CY2014Q3 us-gaap Treasury Stock Value
TreasuryStockValue
59935000
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
108336000
CY2014Q3 hees Senior Unsecured Notes
SeniorUnsecuredNotes
628672000
CY2014Q3 hees Manufacturer Flooring Plans Payable
ManufacturerFlooringPlansPayable
92414000
CY2014Q3 hees Accumulated Depreciation Of Rental Equipment
AccumulatedDepreciationOfRentalEquipment
342132000
CY2014Q3 hees Senior Unsecured Notes Unaccreted Discount
SeniorUnsecuredNotesUnaccretedDiscount
1328000
CY2014Q3 hees Accrued Expenses Payable And Other Liabilities
AccruedExpensesPayableAndOtherLiabilities
45492000
CY2014Q3 hees Amounts Due On Senior Secured Credit Facility
AmountsDueOnSeniorSecuredCreditFacility
220485000
CY2014Q3 hees Rental Equipment Net Of Accumulated Depreciation
RentalEquipmentNetOfAccumulatedDepreciation
852818000
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
35233553 shares
CY2012Q4 us-gaap Cash
Cash
8894000
CY2012Q4 hees Senior Unsecured Notes
SeniorUnsecuredNotes
521065000
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35200398 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39023594 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
187867 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
17.80
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
51000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000 shares
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
3823196 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
18.21
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2013Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
67779000
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
75994000
CY2013Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
2040000
CY2013Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
88291000
CY2013Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
633000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
94812000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
215775000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3651000
CY2013Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
10176000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-62884000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
389000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1090340000
CY2013Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
647000
CY2013Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
2278000
CY2013Q4 us-gaap Liabilities
Liabilities
995528000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
131970000
CY2013Q4 us-gaap Goodwill
Goodwill
31197000
CY2013Q4 us-gaap Assets
Assets
1090340000
CY2013Q4 us-gaap Inventory Net
InventoryNet
111640000
CY2013Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4689000
CY2013Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
6024000
CY2013Q4 us-gaap Cash
Cash
17607000
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
58468000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
98503000
CY2013Q4 hees Senior Unsecured Notes
SeniorUnsecuredNotes
628546000
CY2013Q4 hees Manufacturer Flooring Plans Payable
ManufacturerFlooringPlansPayable
49062000
CY2013Q4 hees Accumulated Depreciation Of Rental Equipment
AccumulatedDepreciationOfRentalEquipment
309944000
CY2013Q4 hees Senior Unsecured Notes Unaccreted Discount
SeniorUnsecuredNotesUnaccretedDiscount
1454000
CY2013Q4 hees Accrued Expenses Payable And Other Liabilities
AccruedExpensesPayableAndOtherLiabilities
54439000
CY2013Q4 hees Amounts Due On Senior Secured Credit Facility
AmountsDueOnSeniorSecuredCreditFacility
102460000
CY2013Q4 hees Rental Equipment Net Of Accumulated Depreciation
RentalEquipmentNetOfAccumulatedDepreciation
688710000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.84
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35130000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.84
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
49786000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35022000 shares
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1249000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
733000
us-gaap Gross Profit
GrossProfit
220192000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43955000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1863000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
850178000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-6879000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
945000
us-gaap Operating Income Loss
OperatingIncomeLoss
81560000
hees Rental Expense
RentalExpense
41401000
hees Used Equipment Sales Cost Of Revenues
UsedEquipmentSalesCostOfRevenues
74006000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
39070000
us-gaap Interest Paid
InterestPaid
47616000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
42050000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2150000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-37605000
us-gaap Net Income Loss
NetIncomeLoss
29539000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
126000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
72897000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
890000
us-gaap Sales Revenue Net
SalesRevenueNet
728177000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20734000
us-gaap Payments Of Dividends
PaymentsOfDividends
855000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-4644000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
826000
us-gaap Cost Of Services
CostOfServices
15743000
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
107250000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
507985000
us-gaap Inventory Write Down
InventoryWriteDown
208000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
82394000
us-gaap Share Based Compensation
ShareBasedCompensation
2109000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2348000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2228000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-134408000
us-gaap Interest Expense
InterestExpense
38550000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
16504000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1812000
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
37043000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
827539000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
387000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
49000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
189000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
140347000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14416000
hees Depreciation And Amortization On Property And Equipment
DepreciationAndAmortizationOnPropertyAndEquipment
12355000
hees Writedown Of Goodwill For Tax Deductible Goodwill In Excess Of Book Goodwill
WritedownOfGoodwillForTaxDeductibleGoodwillInExcessOfBookGoodwill
657000
hees Gain On Sales Of Property And Equipment Net
GainOnSalesOfPropertyAndEquipmentNet
1715000
hees Proceeds From Sales Of Rental Equipment
ProceedsFromSalesOfRentalEquipment
82277000
hees Parts Sales Cost Of Revenues
PartsSalesCostOfRevenues
56660000
hees Increase Decrease In Manufacturer Flooring Plans Payable
IncreaseDecreaseInManufacturerFlooringPlansPayable
-1130000
hees New Equipment Sales
NewEquipmentSales
216979000
hees Rental Depreciation
RentalDepreciation
89679000
hees Assets Transferred From New And Used Inventory To Rental Fleet
AssetsTransferredFromNewAndUsedInventoryToRentalFleet
35130000
hees Parts Sales
PartsSales
77971000
hees Used Equipment Sales
UsedEquipmentSales
103589000
hees Gain On Sales Of Rental Equipment Net
GainOnSalesOfRentalEquipmentNet
27771000
hees Percentage Of Revenue From International Market On Aggregate Revenue
PercentageOfRevenueFromInternationalMarketOnAggregateRevenue
0.014 pure
hees New Equipment Sales Cost Of Revenues
NewEquipmentSalesCostOfRevenues
193453000
hees Purchases Of Rental Equipment
PurchasesOfRentalEquipment
197763000
hees Equipment Rentals
EquipmentRentals
248518000
dei Trading Symbol
TradingSymbol
HEES
dei Entity Registrant Name
EntityRegistrantName
H&E Equipment Services, Inc.
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0001339605
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
2225 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
76427 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35240000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
21.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y9M18D
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
18.70
us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
The interest rate on the Credit Facility was based on LIBOR plus 200 basis points.
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
106622000
us-gaap Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
Extends the maturity date of the credit facility from February 29, 2017 to May 21, 2019
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
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
36.69
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y4M24D
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35142000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 Segment
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y9M18D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.00375 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
38134 shares
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 18pt"> <i>Use of Estimates</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> 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.</p> </div>
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
109237 shares
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1862000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
909000
us-gaap Gross Profit
GrossProfit
252918000
us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64726000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4546000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
799276000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-23582000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
943000
us-gaap Operating Income Loss
OperatingIncomeLoss
102526000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
43995000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
92453000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2192000
us-gaap Interest Paid
InterestPaid
48914000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
45372000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
16686000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-37800000
us-gaap Net Income Loss
NetIncomeLoss
38462000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
133000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1467000
us-gaap Sales Revenue Net
SalesRevenueNet
792651000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24986000
us-gaap Payments Of Dividends
PaymentsOfDividends
9517000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-8947000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
714000
us-gaap Cost Of Services
CostOfServices
15864000
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
539733000
us-gaap Inventory Write Down
InventoryWriteDown
156000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
106555000
us-gaap Share Based Compensation
ShareBasedCompensation
2192000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2137000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-12320000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-225497000
us-gaap Adjustments To Additional Paid In Capital Income Tax Deficiency From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
-556000
us-gaap Interest Expense
InterestExpense
38743000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
22168000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2172000
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
41453000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
917301000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
556000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
49000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
126000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
152324000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26264000
hees Depreciation And Amortization On Property And Equipment
DepreciationAndAmortizationOnPropertyAndEquipment
14913000
hees Proceeds From Sales Of Rental Equipment
ProceedsFromSalesOfRentalEquipment
71593000
hees Gain On Sales Of Property And Equipment Net
GainOnSalesOfPropertyAndEquipmentNet
1932000
hees Basis Points Added To Libor
BasisPointsAddedToLibor
0.0200 pure
hees Parts Sales Cost Of Revenues
PartsSalesCostOfRevenues
59028000
hees Number Of Major Customers
NumberOfMajorCustomers
0 Customer
hees Increase Decrease In Manufacturer Flooring Plans Payable
IncreaseDecreaseInManufacturerFlooringPlansPayable
43352000
hees New Equipment Sales
NewEquipmentSales
240886000
hees Rental Depreciation
RentalDepreciation
106101000
hees Assets Transferred From New And Used Inventory To Rental Fleet
AssetsTransferredFromNewAndUsedInventoryToRentalFleet
42076000
hees Parts Sales
PartsSales
83182000
hees Used Equipment Sales
UsedEquipmentSales
85940000
hees Rental Expense
RentalExpense
45686000
hees Used Equipment Sales Cost Of Revenues
UsedEquipmentSalesCostOfRevenues
58824000
hees Gain On Sales Of Rental Equipment Net
GainOnSalesOfRentalEquipmentNet
25450000
hees Maximum Restricted Payments Including Cash Dividend And Stock Repurchases Under Credit Agreement
MaximumRestrictedPaymentsIncludingCashDividendAndStockRepurchasesUnderCreditAgreement
75000000
hees Percentage Of Revenue From International Market On Aggregate Revenue
PercentageOfRevenueFromInternationalMarketOnAggregateRevenue
0.016 pure
hees New Equipment Sales Cost Of Revenues
NewEquipmentSalesCostOfRevenues
212777000
hees Purchases Of Rental Equipment
PurchasesOfRentalEquipment
274276000
hees Equipment Rentals
EquipmentRentals
293276000
hees Equity In Earnings Loss Of Guarantor Subsidiaries
EquityInEarningsLossOfGuarantorSubsidiaries
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35169000 shares
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35099000 shares
CY2013Q3 us-gaap Gross Profit
GrossProfit
80300000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20976000
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
237000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
33932000
CY2013Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
13730000
CY2013Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
13729000
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12956000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
13953000
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
270449000
CY2013Q3 us-gaap Cost Of Services
CostOfServices
4943000
CY2013Q3 us-gaap Interest Expense
InterestExpense
13193000
CY2013Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
190149000
CY2013Q3 us-gaap Share Based Compensation
ShareBasedCompensation
505000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7023000
CY2013Q3 hees Gain On Sales Of Property And Equipment Net
GainOnSalesOfPropertyAndEquipmentNet
609000
CY2013Q3 hees Parts Sales Cost Of Revenues
PartsSalesCostOfRevenues
19123000
CY2013Q3 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
13261000
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
46977000
CY2013Q3 hees New Equipment Sales
NewEquipmentSales
90220000
CY2013Q3 hees Rental Depreciation
RentalDepreciation
31527000
CY2013Q3 hees Parts Sales
PartsSales
26571000
CY2013Q3 hees Used Equipment Sales
UsedEquipmentSales
36779000
CY2013Q3 hees Rental Expense
RentalExpense
13550000
CY2013Q3 hees Used Equipment Sales Cost Of Revenues
UsedEquipmentSalesCostOfRevenues
27086000
CY2013Q3 hees Percentage Of Revenue From International Market On Aggregate Revenue
PercentageOfRevenueFromInternationalMarketOnAggregateRevenue
0.017 pure
CY2013Q3 hees New Equipment Sales Cost Of Revenues
NewEquipmentSalesCostOfRevenues
80659000
CY2013Q3 hees Equipment Rentals
EquipmentRentals
89420000
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2014Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35266000 shares
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35206000 shares
CY2014Q3 us-gaap Gross Profit
GrossProfit
91066000
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
27115000
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
293000
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
39993000
CY2014Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
16219000
CY2014Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
15622000
CY2014Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12878000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
15300000
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
275044000
CY2014Q3 us-gaap Cost Of Services
CostOfServices
5356000
CY2014Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
183978000
CY2014Q3 us-gaap Share Based Compensation
ShareBasedCompensation
573000
CY2014Q3 us-gaap Interest Expense
InterestExpense
13171000
CY2014Q3 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
15402000
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
51585000
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11815000
CY2014Q3 hees Gain On Sales Of Property And Equipment Net
GainOnSalesOfPropertyAndEquipmentNet
512000
CY2014Q3 hees Parts Sales Cost Of Revenues
PartsSalesCostOfRevenues
20705000
CY2014Q3 hees New Equipment Sales
NewEquipmentSales
80758000
CY2014Q3 hees Rental Depreciation
RentalDepreciation
37654000
CY2014Q3 hees Parts Sales
PartsSales
29009000
CY2014Q3 hees Used Equipment Sales
UsedEquipmentSales
25198000
CY2014Q3 hees Rental Expense
RentalExpense
15881000
CY2014Q3 hees Used Equipment Sales Cost Of Revenues
UsedEquipmentSalesCostOfRevenues
17350000
CY2014Q3 hees Percentage Of Revenue From International Market On Aggregate Revenue
PercentageOfRevenueFromInternationalMarketOnAggregateRevenue
0.016 pure
CY2014Q3 hees New Equipment Sales Cost Of Revenues
NewEquipmentSalesCostOfRevenues
71630000
CY2014Q3 hees Equipment Rentals
EquipmentRentals
108238000
CY2014Q3 hees Equity In Earnings Loss Of Guarantor Subsidiaries
EquityInEarningsLossOfGuarantorSubsidiaries

Files In Submission

Name View Source Status
0001193125-14-389603-index-headers.html Edgar Link pending
0001193125-14-389603-index.html Edgar Link pending
0001193125-14-389603.txt Edgar Link pending
0001193125-14-389603-xbrl.zip Edgar Link pending
d791629d10q.htm Edgar Link pending
d791629dex311.htm Edgar Link pending
d791629dex312.htm Edgar Link pending
d791629dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hees-20140930.xml Edgar Link completed
hees-20140930.xsd Edgar Link pending
hees-20140930_cal.xml Edgar Link unprocessable
hees-20140930_def.xml Edgar Link unprocessable
hees-20140930_lab.xml Edgar Link unprocessable
hees-20140930_pre.xml Edgar Link unprocessable
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
R5.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