H&E Equipment Services, Inc. HEES Income Statement

H&e equipment services, inc. (HEES)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Revenues
1,320,649	1,348,365	1,346,206	1,315,350	1,292,117	1,238,961	1,187,653	1,124,674	1,063,673	1,030,019	979,699	965,223	957,955	978,137	1,006,999	1,039,166	1,059,431	1,039,831	1,064,384	1,062,575	1,080,593	1,090,412	1,052,230	1,047,635	1,012,597	987,756	978,294	912,354	876,038	837,315	804,217	783,997	759,308	720,551	657,376	604,093	0	0	0
Cost of revenues:
Cost of revenues
829,696	849,195	852,481	839,023	832,468	800,427	771,365	729,090	688,852	670,111	636,027	627,452	625,816	642,526	665,871	693,326	708,895	694,099	713,783	713,745	729,099	742,474	717,668	723,839	702,457	685,920	684,609	632,046	606,907	580,013	564,357	557,319	549,070	527,848	482,804	450,883	0	0	0
Gross profit
490,953	499,170	493,725	476,327	459,649	438,534	416,288	395,584	374,821	359,908	343,672	337,771	332,139	335,611	341,128	345,840	350,536	345,732	350,601	348,830	351,494	347,938	334,562	323,796	310,140	301,836	293,685	280,308	269,131	257,302	239,860	226,678	210,238	192,703	174,572	153,210	0	0	0
Selling, general and administrative expenses
312,003	311,026	306,809	299,859	291,065	278,298	265,728	250,585	241,346	232,784	228,072	228,831	226,073	228,129	230,027	228,769	226,134	220,226	216,740	213,621	211,090	206,480	201,039	196,431	191,654	189,062	185,496	180,921	175,214	169,653	163,177	159,817	155,964	153,354	151,275	148,998	0	0	0
Impairment of goodwill
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger costs
337	416	583	755	675	708	-6,067	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales of property and equipment, net
8,140	4,617	3,417	3,852	7,086	7,118	6,618	7,790	4,811	5,009	5,415	4,017	3,594	3,285	3,269	2,681	2,941	2,737	2,123	2,296	2,081	2,286	2,766	2,863	2,712	2,549	1,829	1,734	1,769	1,592	1,750	1,608	1,019	793	646	409	0	0	0
Income (loss) from operations
112,575	180,161	189,750	179,565	174,995	166,646	156,015	158,351	143,916	137,915	127,521	112,957	109,660	110,767	114,370	119,752	127,343	128,243	135,984	137,505	142,485	143,744	136,289	130,228	121,198	115,323	110,018	101,121	95,686	89,241	78,433	68,469	55,293	40,142	23,943	4,621	0	0	0
Other income (expense):
Interest expense
67,452	68,277	68,099	67,483	65,909	63,707	60,354	58,699	56,379	54,958	55,040	53,449	53,429	53,604	53,584	53,596	53,992	54,030	54,285	53,975	53,148	52,353	51,597	51,619	51,782	51,404	50,423	47,055	40,943	35,541	30,788	28,185	28,390	28,727	28,894	28,875	0	0	0
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Other, net
4,075	3,977	2,111	1,891	1,861	1,724	1,816	1,794	1,708	1,750	1,518	1,558	1,874	1,867	1,885	2,000	1,539	1,463	1,433	1,225	1,341	1,293	1,226	1,170	1,027	1,228	1,122	1,128	1,078	928	851	726	760	726	636	624	0	0	0
Total other expense, net
-63,377	-64,300	-65,988	-65,592	-64,048	-61,983	-58,538	-82,268	-80,034	-78,571	-78,885	-51,891	-51,555	-51,737	-51,699	-51,596	-52,453	-52,567	-52,852	-52,750	-51,807	-51,060	-50,371	-50,449	-50,755	-50,176	-49,301	-56,107	-50,045	-44,793	-40,117	-27,459	-27,630	-28,001	-28,258	-28,251	0	0	0
Income (loss) before provision (benefit) for income taxes
49,198	115,861	123,762	113,973	110,947	104,663	97,477	76,083	63,882	59,344	48,636	61,066	58,105	59,030	62,671	68,156	74,890	75,676	83,132	84,755	90,678	92,684	85,918	79,779	70,443	65,147	60,717	45,014	45,641	44,448	38,316	41,010	27,663	12,141	-4,315	-23,630	0	0	0
Provision (benefit) for income taxes
13,198	28,650	33,414	30,742	29,559	28,040	-40,014	-48,556	-49,864	-50,314	12,476	21,703	21,117	21,858	25,962	28,340	31,097	31,371	34,117	35,212	36,889	37,545	32,855	28,063	23,644	21,007	20,474	15,015	15,983	15,612	12,322	13,877	8,309	3,215	-1,599	-8,973	0	0	0
Net income (loss)
36,000	87,211	90,348	83,231	81,388	76,623	137,491	124,639	113,746	109,658	36,160	39,363	36,988	37,172	36,709	39,816	43,793	44,305	49,015	49,543	53,789	55,139	53,063	51,716	46,799	44,140	40,243	29,999	29,658	28,836	25,994	27,133	19,354	8,926	-2,716	-14,657	0	0	0
Net income (loss) per common share:
Basic
-1.03	0.61	0.79	0.63	0.40	0.70	0.60	0.58	0.27	2.42	0.24	0.28	0.15	0.35	0.33	0.21	0.16	0.34	0.42	0.33	0.17	0.48	0.43	0.45	0.21	0.41	0.40	0.31	0.14	0.31	0.11	0.30	0.11	0.23	0.14	0.08	-0.19	-0.11	-0.20
Diluted
-1.03	0.60	0.79	0.63	0.40	0.70	0.59	0.58	0.26	2.40	0.24	0.28	0.15	0.35	0.33	0.21	0.16	0.33	0.42	0.33	0.17	0.47	0.43	0.45	0.21	0.41	0.40	0.31	0.14	0.30	0.11	0.30	0.11	0.23	0.14	0.08	-0.19	-0.11	-0.20
Weighted average common shares outstanding:
Basic
35,965	35,930	35,893	35,826	35,787	35,763	35,719	35,634	35,592	35,583	35,543	35,473	35,465	35,453	35,424	35,354	35,341	35,315	35,308	35,238	35,227	35,211	35,206	35,111	35,108	35,101	35,099	34,988	34,976	34,958	34,958	34,838	34,806	34,807	34,804	34,725	34,700	34,700	34,642
Diluted
35,965	36,097	36,046	36,016	35,973	35,901	35,926	35,906	35,879	35,829	35,715	35,631	35,621	35,538	35,504	35,480	35,398	35,422	35,350	35,314	35,286	35,277	35,266	35,235	35,218	35,196	35,169	35,122	35,097	35,025	34,974	34,964	34,949	35,082	34,860	34,906	34,700	34,700	34,642
Dividends declared per common share outstanding
0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.25	0.25	-	0.25	-	0.00	-	0.00	-	-	-	7.00	-	-	-	0.00	-	-	-	-
Equipment Rentals [Member]
Revenues
764,744	766,354	744,577	705,860	666,272	627,181	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	329,218	317,606	304,382	288,641	270,539	253,921	239,189	228,038	213,712	194,197	0	0	0
Cost of revenues
423,641	419,472	407,869	391,298	371,772	353,422	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
341,103	346,882	336,708	314,562	294,500	273,759	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
New Equipment Sales [Member]
Revenues
210,861	239,091	257,392	260,615	275,558	262,948	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	303,990	262,779	254,047	241,721	241,292	238,826	232,035	220,211	181,326	163,745	0	0	0
Cost of revenues
186,699	211,372	226,230	229,149	243,311	232,057	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	270,705	233,413	225,991	214,197	214,826	212,582	206,067	196,152	161,250	146,230	0	0	0
Gross profit
24,162	27,719	31,162	31,466	32,247	30,891	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Used Equipment Sales [Member]
Revenues
140,933	139,349	134,780	133,894	129,906	125,125	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	133,052	121,263	110,190	104,563	94,792	96,974	96,452	85,347	80,355	71,114	0	0	0
Cost of revenues
93,447	92,021	90,573	89,676	88,127	86,052	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	94,568	85,881	78,114	73,988	68,024	70,449	72,102	65,042	61,527	54,565	0	0	0
Gross profit
47,486	47,328	44,207	44,218	41,779	39,073	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Parts Sales [Member]
Revenues
123,196	123,855	124,336	124,321	122,731	120,454	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	103,431	102,918	101,195	99,621	97,506	96,095	96,312	94,511	93,765	91,900	0	0	0
Cost of revenues
90,577	90,963	91,336	91,294	89,935	88,263	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	75,157	75,126	73,698	72,323	70,874	69,855	70,311	69,222	68,884	67,658	0	0	0
Gross profit
32,619	32,892	33,000	33,027	32,796	32,191	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services Revenues [Member]
Revenues
69,195	67,941	65,636	63,957	64,020	63,488	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	56,989	57,696	57,805	56,554	55,497	55,252	54,617	53,954	52,484	50,864	0	0	0
Cost of revenues
22,482	21,946	21,159	20,889	21,282	21,328	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	21,813	22,485	22,596	21,977	21,432	21,268	21,237	21,024	20,676	19,477	0	0	0
Gross profit
46,713	45,995	44,477	43,068	42,738	42,160	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other [Member]
Revenues
11,720	11,775	19,485	26,703	33,630	39,765	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	51,614	50,092	48,419	46,215	44,591	42,929	40,703	38,490	35,734	32,273	0	0	0
Revenues
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenues
12,850	13,421	15,314	16,717	18,041	19,305	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	49,370	47,493	46,112	44,510	43,349	42,790	42,918	43,028	41,657	39,670	0	0	0
Cost of revenues
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenues
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Segments [Member]
Revenues
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental Depreciation [Member]
Cost of revenues
-	-	-	-	-	208,453	196,159	184,354	175,021	169,455	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	117,918	113,541	108,284	102,966	97,362	92,288	89,032	86,781	83,774	81,051	0	0	0
Rental Expense [Member]
Cost of revenues
-	-	-	-	-	89,520	85,463	82,515	80,604	77,706	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	55,078	54,107	52,112	50,052	48,490	48,087	47,403	46,599	45,036	42,232	0	0	0