$MGRC
MCGRATH RENTCORP

2017 Q3 Form 10-Q Financial Statement

#000156459018025601 Filed on October 30, 2018

View on sec.gov

Income Statement

Concept 2017 Q3
Revenue $135.4M
YoY Change 10.98%
Cost Of Revenue $76.60M
YoY Change 6.98%
Gross Profit $58.78M
YoY Change 16.54%
Gross Profit Margin 43.41%
Selling, General & Admin $28.50M
YoY Change 8.78%
% of Gross Profit 48.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.60M
YoY Change -2.49%
% of Gross Profit 33.35%
Operating Expenses $28.50M
YoY Change 8.78%
Operating Profit $30.29M
YoY Change 24.98%
Interest Expense -$3.000M
YoY Change 0.0%
% of Operating Profit -9.91%
Other Income/Expense, Net
YoY Change
Pretax Income $27.34M
YoY Change 28.48%
Income Tax $10.60M
% Of Pretax Income 38.78%
Net Earnings $16.76M
YoY Change 30.22%
Net Earnings / Revenue 12.38%
Basic Earnings Per Share $0.70
Diluted Earnings Per Share $0.69
COMMON SHARES
Basic Shares Outstanding 24.02M
Diluted Shares Outstanding 24.23M

Balance Sheet

Concept 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.400M
YoY Change 27.27%
Cash & Equivalents $1.369M
Short-Term Investments
Other Short-Term Assets $26.80M
YoY Change -1.47%
Inventory
Prepaid Expenses
Receivables $107.4M
Other Receivables $0.00
Total Short-Term Assets $135.6M
YoY Change 2.49%
LONG-TERM ASSETS
Property, Plant & Equipment $985.0M
YoY Change 0.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $1.021B
YoY Change 0.81%
TOTAL ASSETS
Total Short-Term Assets $135.6M
Total Long-Term Assets $1.021B
Total Assets $1.156B
YoY Change 1.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $81.80M
YoY Change 12.98%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $81.80M
YoY Change 12.98%
LONG-TERM LIABILITIES
Long-Term Debt $323.1M
YoY Change -6.43%
Other Long-Term Liabilities $42.20M
YoY Change 1.69%
Total Long-Term Liabilities $365.3M
YoY Change -5.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $81.80M
Total Long-Term Liabilities $365.3M
Total Liabilities $743.6M
YoY Change -1.42%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $412.8M
YoY Change
Total Liabilities & Shareholders Equity $1.156B
YoY Change 1.0%

Cashflow Statement

Concept 2017 Q3
OPERATING ACTIVITIES
Net Income $16.76M
YoY Change 30.22%
Depreciation, Depletion And Amortization $19.60M
YoY Change -2.49%
Cash From Operating Activities $31.70M
YoY Change -3.65%
INVESTING ACTIVITIES
Capital Expenditures -$30.30M
YoY Change 51.5%
Acquisitions
YoY Change
Other Investing Activities $12.40M
YoY Change 13.76%
Cash From Investing Activities -$17.80M
YoY Change 100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.50M
YoY Change -39.58%
NET CHANGE
Cash From Operating Activities 31.70M
Cash From Investing Activities -17.80M
Cash From Financing Activities -14.50M
Net Change In Cash -600.0K
YoY Change 6442450943999900.0%
FREE CASH FLOW
Cash From Operating Activities $31.70M
Capital Expenditures -$30.30M
Free Cash Flow $62.00M
YoY Change 17.2%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
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mgrc Operating Leases Income Statement Lease Related Services Revenue
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us-gaap Operating Leases Income Statement Lease Revenue
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us-gaap Revenues
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us-gaap Cost Of Goods And Services Sold Depreciation
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us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
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us-gaap Cost Of Revenue
CostOfRevenue
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us-gaap Direct Costs Of Leased And Rented Property Or Equipment
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us-gaap Cost Of Goods And Services Sold
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us-gaap Cost Of Goods And Services Sold
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us-gaap Gross Profit
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us-gaap Selling General And Administrative Expense
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us-gaap Operating Income Loss
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mgrc Cost Of Rental Related Services
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us-gaap Interest Expense Debt
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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us-gaap Provision For Doubtful Accounts
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us-gaap Profit Loss
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us-gaap Share Based Compensation
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us-gaap Gain Loss On Sale Of Properties
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us-gaap Amortization Of Financing Costs
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Deferred Income Taxes
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us-gaap Depreciation Depletion And Amortization
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Equipment On Lease
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us-gaap Payments To Acquire Property Plant And Equipment
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12784000
us-gaap Proceeds From Sale Of Machinery And Equipment
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us-gaap Impairment Of Long Lived Assets Held For Use
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us-gaap Share Based Compensation
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us-gaap Gain Loss On Sale Of Properties
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us-gaap Amortization Of Financing Costs
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Contract With Customer Liability
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us-gaap Increase Decrease In Contract With Customer Liability
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us-gaap Increase Decrease In Deferred Income Taxes
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Sale Of Machinery And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Repayments Of Lines Of Credit
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us-gaap Proceeds From Repayments Of Lines Of Credit
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us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
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us-gaap Repayments Of Senior Debt
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us-gaap Payments Of Dividends Common Stock
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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