2020 Q1 Form 10-Q Financial Statement

#000136447920000015 Filed on April 23, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $436.2M $475.7M
YoY Change -8.3% 10.29%
Cost Of Revenue $212.4M $258.4M
YoY Change -17.8% 2771.11%
Gross Profit $223.8M $217.3M
YoY Change 2.99% -48.54%
Gross Profit Margin 51.31% 45.68%
Selling, General & Admin $69.80M $71.50M
YoY Change -2.38% -4.03%
% of Gross Profit 31.19% 32.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $116.2M $115.0M
YoY Change 1.04% 7.38%
% of Gross Profit 51.92% 52.92%
Operating Expenses $69.80M $71.50M
YoY Change -2.38% -4.03%
Operating Profit $154.0M $145.8M
YoY Change 5.62% -58.08%
Interest Expense -$24.40M -$32.90M
YoY Change -25.84% 0.92%
% of Operating Profit -15.84% -22.57%
Other Income/Expense, Net -$1.200M -$300.0K
YoY Change 300.0% -200.0%
Pretax Income -$2.600M -$9.800M
YoY Change -73.47% -164.47%
Income Tax $1.100M -$3.100M
% Of Pretax Income
Net Earnings -$3.700M -$6.700M
YoY Change -44.78% -166.34%
Net Earnings / Revenue -0.85% -1.41%
Basic Earnings Per Share -$0.13 -$0.23
Diluted Earnings Per Share -$0.13 -$0.23
COMMON SHARES
Basic Shares Outstanding 28.90M shares 28.60M shares
Diluted Shares Outstanding 28.90M shares 28.60M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.80M $24.50M
YoY Change 127.76% -43.02%
Cash & Equivalents $55.80M $24.50M
Short-Term Investments
Other Short-Term Assets $4.000M $33.50M
YoY Change -88.06% 39.58%
Inventory
Prepaid Expenses
Receivables $288.8M $316.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $395.5M $374.4M
YoY Change 5.64% -14.17%
LONG-TERM ASSETS
Property, Plant & Equipment $306.2M $273.5M
YoY Change 11.96% -3.39%
Goodwill $93.60M $91.00M
YoY Change 2.86% 0.0%
Intangibles $290.2M $292.9M
YoY Change -0.92% 2.31%
Long-Term Investments
YoY Change
Other Assets $22.20M $35.60M
YoY Change -37.64% -15.44%
Total Long-Term Assets $3.372B $3.292B
YoY Change 2.42% 4.92%
TOTAL ASSETS
Total Short-Term Assets $395.5M $374.4M
Total Long-Term Assets $3.372B $3.292B
Total Assets $3.767B $3.666B
YoY Change 2.75% 2.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $135.4M $162.2M
YoY Change -16.52% -39.16%
Accrued Expenses $107.1M $120.3M
YoY Change -10.97% -2.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $22.20M $23.60M
YoY Change -5.93% 12.38%
Total Short-Term Liabilities $299.1M $335.5M
YoY Change -10.85% -18.9%
LONG-TERM LIABILITIES
Long-Term Debt $2.042B $2.019B
YoY Change 1.1% -1.72%
Other Long-Term Liabilities $39.00M $44.00M
YoY Change -11.36% 21.21%
Total Long-Term Liabilities $39.00M $44.00M
YoY Change -11.36% 21.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $299.1M $335.5M
Total Long-Term Liabilities $39.00M $44.00M
Total Liabilities $3.147B $3.101B
YoY Change 1.51% 0.88%
SHAREHOLDERS EQUITY
Retained Earnings -$354.9M -$405.4M
YoY Change -12.46% -14.2%
Common Stock $300.0K $300.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $692.0M $692.0M
YoY Change 0.0% 0.0%
Treasury Stock Shares 2.700M shares 2.700M shares
Shareholders Equity $619.9M $565.8M
YoY Change
Total Liabilities & Shareholders Equity $3.767B $3.666B
YoY Change 2.75% 2.59%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$3.700M -$6.700M
YoY Change -44.78% -166.34%
Depreciation, Depletion And Amortization $116.2M $115.0M
YoY Change 1.04% 7.38%
Cash From Operating Activities $101.5M $131.2M
YoY Change -22.64% 1.55%
INVESTING ACTIVITIES
Capital Expenditures $15.50M $11.40M
YoY Change 35.96% -20.83%
Acquisitions
YoY Change
Other Investing Activities $36.20M $70.50M
YoY Change -48.65% 30.31%
Cash From Investing Activities -$62.30M -$23.50M
YoY Change 165.11% -45.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$15.80M -$111.2M
YoY Change -85.79% 31.75%
NET CHANGE
Cash From Operating Activities $101.5M $131.2M
Cash From Investing Activities -$62.30M -$23.50M
Cash From Financing Activities -$15.80M -$111.2M
Net Change In Cash $22.80M -$3.300M
YoY Change -790.91% -320.0%
FREE CASH FLOW
Cash From Operating Activities $101.5M $131.2M
Capital Expenditures $15.50M $11.40M
Free Cash Flow $86.00M $119.8M
YoY Change -28.21% 4.36%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31800000 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28800000 shares
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
29100000 shares
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
133300000 shares
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
133300000 shares
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
22500000 USD
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31500000 shares
CY2020Q1 dei Amendment Flag
AmendmentFlag
false
CY2020Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2020Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020Q1 dei Document Period End Date
DocumentPeriodEndDate
2020-03-31
CY2020Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001364479
CY2019Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
200000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
18800000 USD
CY2020Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
CY2019Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
31100000 USD
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
13300000 shares
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
13300000 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2700000 shares
CY2020Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
2700000 shares
CY2020Q1 dei Document Type
DocumentType
10-Q
CY2020Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2020Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2020Q1 dei Entity File Number
EntityFileNumber
001-33139
CY2020Q1 dei Entity Registrant Name
EntityRegistrantName
HERC HOLDINGS INC.
CY2020Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2020Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-3530539
CY2020Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
27500 Riverview Center Blvd.
CY2020Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Bonita Springs
CY2020Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
34134
CY2020Q1 dei City Area Code
CityAreaCode
239
CY2020Q1 dei Local Phone Number
LocalPhoneNumber
301-1000
CY2020Q1 dei Security12b Title
Security12bTitle
 Common Stock, par value $0.01 per share
CY2020Q1 dei Trading Symbol
TradingSymbol
 HRI
CY2020Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2020Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2020Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2020Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020Q1 dei Entity Shell Company
EntityShellCompany
false
CY2020Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
29111222 shares
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
55800000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
33000000.0 USD
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
288800000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
306700000 USD
CY2020Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
22500000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
28900000 USD
CY2020Q1 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
28400000 USD
CY2020Q1 us-gaap Assets Current
AssetsCurrent
395500000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
219100000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
399700000 USD
CY2020Q1 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
2440400000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
311800000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
30900000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
2490000000.0 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
306200000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
30500000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
300000 USD
CY2020Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
135400000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-3700000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
126500000 USD
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
107100000 USD
CY2020Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1798200000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
3172700000 USD
CY2020Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-22000000.0 USD
CY2020Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q1 us-gaap Common Stock Value
CommonStockValue
300000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
207300000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
290200000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
291500000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
93600000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
93600000 USD
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
22200000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
23100000 USD
CY2020Q1 us-gaap Assets
Assets
3767200000 USD
CY2019Q4 us-gaap Assets
Assets
3817000000.0 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
25700000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
30400000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
135700000 USD
CY2020Q1 us-gaap Liabilities Current
LiabilitiesCurrent
299100000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
323100000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2041600000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2051500000 USD
CY2020Q1 us-gaap Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
116700000 USD
CY2019Q4 us-gaap Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
117600000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
193900000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
182200000 USD
CY2020Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
457000000.0 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
459300000 USD
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
39000000.0 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
39000000.0 USD
CY2020Q1 us-gaap Liabilities
Liabilities
3147300000 USD
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1796900000 USD
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-354900000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
1500000 USD
CY2020Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
-300000 USD
CY2019Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
-300000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
2500000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
400000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-6700000 USD
CY2020Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-21100000 USD
CY2019Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
5300000 USD
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-1200000 USD
CY2020Q1 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
100400000 USD
CY2019Q1 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
100000000.0 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
400000 USD
CY2020Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-100000 USD
CY2019Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-100000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-22000000.0 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4700000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-25700000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2000000.0 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
644300000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28900000 shares
CY2020Q1 hri Costof Revenue Earning Equipment Sold
CostofRevenueEarningEquipmentSold
42400000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-351200000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-131700000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-109700000 USD
CY2020Q1 us-gaap Treasury Stock Value
TreasuryStockValue
692000000.0 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
692000000.0 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
619900000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
644300000 USD
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3767200000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3817000000.0 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
436200000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
475700000 USD
CY2020Q1 us-gaap Direct Operating Costs
DirectOperatingCosts
189200000 USD
CY2019Q1 us-gaap Direct Operating Costs
DirectOperatingCosts
189100000 USD
CY2019Q1 hri Costof Revenue Earning Equipment Sold
CostofRevenueEarningEquipmentSold
83500000 USD
CY2020Q1 hri Costof Salesof New Equipment Partsand Supplies
CostofSalesofNewEquipmentPartsandSupplies
5100000 USD
CY2019Q1 hri Costof Salesof New Equipment Partsand Supplies
CostofSalesofNewEquipmentPartsandSupplies
8200000 USD
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
69800000 USD
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
71500000 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6300000 USD
CY2019Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-24400000 USD
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-32900000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1200000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-300000 USD
CY2020Q1 hri Costsand Expenses Nonoperating Incomeand Interest Expense
CostsandExpensesNonoperatingIncomeandInterestExpense
438800000 USD
CY2019Q1 hri Costsand Expenses Nonoperating Incomeand Interest Expense
CostsandExpensesNonoperatingIncomeandInterestExpense
485500000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2600000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-9800000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1100000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3100000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-3700000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-6700000 USD
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28600000 shares
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-3700000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2900000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3200000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
600000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
619900000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
572700000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-6700000 USD
CY2019Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-7600000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4700000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1800000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3900000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
600000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
565800000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-3700000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-6700000 USD
CY2020Q1 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
100400000 USD
CY2019Q1 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
100000000.0 USD
CY2020Q1 us-gaap Depreciation Nonproduction
DepreciationNonproduction
14000000.0 USD
CY2019Q1 us-gaap Depreciation Nonproduction
DepreciationNonproduction
13300000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1800000 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1700000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
900000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1600000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3200000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3900000 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6300000 USD
CY2019Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2020Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
12300000 USD
CY2019Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
12300000 USD
CY2020Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-800000 USD
CY2019Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
3300000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
2400000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
-1600000 USD
CY2020Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3100000 USD
CY2019Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3400000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6000000.0 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3700000 USD
CY2020Q1 hri Increase Decrease In Inventories Prepaid Expense And Other Assets
IncreaseDecreaseInInventoriesPrepaidExpenseAndOtherAssets
3400000 USD
CY2019Q1 hri Increase Decrease In Inventories Prepaid Expense And Other Assets
IncreaseDecreaseInInventoriesPrepaidExpenseAndOtherAssets
-2300000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-11400000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2300000 USD
CY2020Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
31200000 USD
CY2020Q1 hri Proceedsfromthe Saleof Equipmenton Lease
ProceedsfromtheSaleofEquipmentonLease
34600000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
101500000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
131200000 USD
CY2020Q1 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
83000000.0 USD
CY2019Q1 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
82600000 USD
CY2019Q1 hri Disposalsof Property Subjecttoor Availablefor Operating Leasebutnot Yet Received
DisposalsofPropertySubjecttoorAvailableforOperatingLeasebutnotYetReceived
7500000 USD
CY2019Q1 hri Proceedsfromthe Saleof Equipmenton Lease
ProceedsfromtheSaleofEquipmentonLease
69600000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15500000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11400000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1600000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
900000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-62300000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23500000 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
261000000.0 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
62300000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
271700000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
172700000 USD
CY2020Q1 us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
0 USD
CY2019Q1 us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
4700000 USD
CY2020Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3200000 USD
CY2019Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
4200000 USD
CY2020Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
600000 USD
CY2019Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
500000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2500000 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1800000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15800000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-111200000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-600000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22800000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3300000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33000000.0 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27800000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55800000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24500000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
41500000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
15300000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
700000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-1300000 USD
CY2020Q1 hri Purchasesof Property Subjecttoor Availablefor Operating Leasebutnot Yet Paid
PurchasesofPropertySubjecttoorAvailableforOperatingLeasebutnotYetPaid
24600000 USD
CY2019Q1 hri Purchasesof Property Subjecttoor Availablefor Operating Leasebutnot Yet Paid
PurchasesofPropertySubjecttoorAvailableforOperatingLeasebutnotYetPaid
25400000 USD
CY2020Q1 hri Disposalsof Property Subjecttoor Availablefor Operating Leasebutnot Yet Received
DisposalsofPropertySubjecttoorAvailableforOperatingLeasebutnotYetReceived
1900000 USD
CY2020Q1 hri Disposalsof Property Plantand Equipmentin Accounts Receivable
DisposalsofPropertyPlantandEquipmentinAccountsReceivable
0 USD
CY2019Q1 hri Disposalsof Property Plantand Equipmentin Accounts Receivable
DisposalsofPropertyPlantandEquipmentinAccountsReceivable
1100000 USD
CY2020Q1 us-gaap Nature Of Operations
NatureOfOperations
<span style="font-family:inherit;font-size:10pt;font-weight:bold;">Background </span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Herc Holdings Inc. ("we," "us," "our," "Herc Holdings," "the Company" or, as the context requires, "its") is one of the leading equipment rental suppliers with approximately </span><span style="font-family:inherit;font-size:10pt;"><span>275</span></span><span style="font-family:inherit;font-size:10pt;"> locations at </span><span style="font-family:inherit;font-size:10pt;">March 31, 2020</span><span style="font-family:inherit;font-size:10pt;">, principally in North America. The Company conducts substantially all of its operations through subsidiaries, including Herc Rentals Inc. ("Herc"). Operations are conducted under the Herc Rentals brand in the United States and Canada and under the Hertz Equipment Rental brand in other international locations. With over 50 years of experience, the Company is a full-line equipment rental supplier offering a broad portfolio of equipment for rent. In addition to its principal business of equipment rental, the Company sells used equipment and contractor supplies such as construction consumables, tools, small equipment and safety supplies; provides repair, maintenance, equipment management services and safety training to certain of its customers; offers equipment re-rental services and provides on-site support to its customers; and provides ancillary services such as equipment transport, rental protection, cleaning, refueling and labor. </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company's classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. The Company's equipment rental business is supported by ProSolutions</span><span style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">R</sup></span><span style="font-family:inherit;font-size:10pt;">, its industry-specific solutions-based services, which includes power generation, climate control, remediation and restoration, and studio and production equipment, and its ProContractor professional grade tools.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On June 30, 2016, the Company, in its previous form as the holding company of both the existing equipment rental operations as well as the former vehicle rental operations (in its form prior to the Spin-Off, "Hertz Holdings"), completed a spin-off (the "Spin-Off") of its global vehicle rental business through a dividend to stockholders of all of the issued and outstanding common stock of Hertz Rental Car Holding Company, Inc., which was re-named Hertz Global Holdings, Inc. ("New Hertz") in connection with the Spin-Off. New Hertz is an independent public company and continues to operate its global vehicle rental business through its operating subsidiaries including The Hertz Corporation ("THC"). The Company changed its name to Herc Holdings Inc. on June 30, 2016.</span></div>
CY2019Q1 hri Numberof Company Operated Branches
NumberofCompanyOperatedBranches
275 company_operated_branch
CY2020Q1 hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
353500000 USD
CY2019Q1 hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
346700000 USD
CY2020Q1 hri Operating Leases Income Statement Lease Revenue Other
OperatingLeasesIncomeStatementLeaseRevenueOther
33000000.0 USD
CY2019Q1 hri Operating Leases Income Statement Lease Revenue Other
OperatingLeasesIncomeStatementLeaseRevenueOther
30900000 USD
CY2020Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
386500000 USD
CY2019Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
377600000 USD
CY2020Q1 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
40000000.0 USD
CY2019Q1 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
85100000 USD
CY2020Q1 hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
7000000.0 USD
CY2019Q1 hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
10900000 USD
CY2020Q1 hri Servicesand Other Revenues
ServicesandOtherRevenues
2700000 USD
CY2019Q1 hri Servicesand Other Revenues
ServicesandOtherRevenues
2100000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
436200000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
475700000 USD
CY2020Q1 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
40000000.0 USD
CY2019Q1 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
85100000 USD
CY2020Q1 hri Sales Revenue New Equipment
SalesRevenueNewEquipment
3000000.0 USD
CY2019Q1 hri Sales Revenue New Equipment
SalesRevenueNewEquipment
4500000 USD
CY2020Q1 hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
4000000.0 USD
CY2019Q1 hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
6400000 USD
CY2020Q1 hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
47000000.0 USD
CY2019Q1 hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
96000000.0 USD
CY2020Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
17400000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
15600000 USD
CY2020Q1 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
3786200000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
3821600000 USD
CY2020Q1 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1345800000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1331600000 USD
CY2020Q1 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
2440400000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
2490000000.0 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
10500000 USD
CY2020Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
4000000.0 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6300000 USD
CY2020Q1 hri Notereceivablerelatedtosaleofjointventure
Notereceivablerelatedtosaleofjointventure
12700000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
24300000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
22400000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3100000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2400000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
400000 USD
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
400000 USD
CY2020Q1 us-gaap Sublease Income
SubleaseIncome
15100000 USD
CY2019Q1 us-gaap Sublease Income
SubleaseIncome
14700000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
12700000 USD
CY2020Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
12000000.0 USD
CY2019Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
11600000 USD
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
800000 USD
CY2019Q1 us-gaap Variable Lease Cost
VariableLeaseCost
1600000 USD
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7700000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7900000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2063800000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2078500000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
22200000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
27000000.0 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2041600000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2051500000 USD
CY2020Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1089400000 USD
CY2020Q1 hri Lineof Credit Facility Remaining Borrowing Capacity Under Borrowing Base Limitation
LineofCreditFacilityRemainingBorrowingCapacityUnderBorrowingBaseLimitation
1081500000 USD
CY2017Q4 hri Sale Leaseback Transaction Numberof Properties
SaleLeasebackTransactionNumberofProperties
42 property
CY2017Q4 us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
119500000 USD
CY2018Q4 hri Sale Leaseback Transaction Numberof Properties
SaleLeasebackTransactionNumberofProperties
2 property
CY2018 us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
6400000 USD
CY2017Q4 hri Sale Leaseback Transaction Lease Term Period
SaleLeasebackTransactionLeaseTermPeriod
P20Y
CY2017Q4 hri Sale Leaseback Transaction Renewal Term Numberof Additional Terms
SaleLeasebackTransactionRenewalTermNumberofAdditionalTerms
5 period
hri Sale Leaseback Transaction Length Of Each Additional Period
SaleLeasebackTransactionLengthOfEachAdditionalPeriod
P5Y
CY2019Q1 us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
4700000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1100000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3100000 USD
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2020Q1 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
200000 USD
CY2020Q1 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
5600000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3700000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-6700000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28900000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28600000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28900000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28600000 shares
CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.13
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.23

Files In Submission

Name View Source Status
0001364479-20-000015-index-headers.html Edgar Link pending
0001364479-20-000015-index.html Edgar Link pending
0001364479-20-000015.txt Edgar Link pending
0001364479-20-000015-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
herc2020q1exhibit311.htm Edgar Link pending
herc2020q1exhibit312.htm Edgar Link pending
herc2020q1exhibit321.htm Edgar Link pending
herc2020q1form10-q.htm Edgar Link pending
herc2020q1form10-q_htm.xml Edgar Link completed
hri-20200331.xsd Edgar Link pending
hri-20200331_cal.xml Edgar Link unprocessable
hri-20200331_def.xml Edgar Link unprocessable
hri-20200331_lab.xml Edgar Link unprocessable
hri-20200331_pre.xml Edgar Link unprocessable
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
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
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.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