H&E Equipment Services (HEES) 10-K 23 Feb 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Feb. 16, 2017	Jun. 30, 2016
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	HEES
Entity Registrant Name	H&E Equipment Services, Inc.
Entity Central Index Key	1,339,605
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		35,575,555
Entity Public Float			$ 593,698,073

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash	$ 7,683	$ 7,159
Receivables, net of allowance for doubtful accounts of $3,769 and $4,729, respectively	140,037	147,328
Inventories, net of reserves for obsolescence of $900 and $934, respectively	53,909	96,818
Prepaid expenses and other assets	7,513	10,054
Rental equipment, net of accumulated depreciation of $437,522 and $390,317, respectively	893,816	893,393
Property and equipment, net of accumulated depreciation and amortization of $118,812 and $107,170, respectively	105,492	110,785
Deferred financing costs, net of accumulated amortization of $12,160 and $11,347, respectively	1,964	2,777
Goodwill	31,197	31,197
Total assets	1,241,611	1,299,511
Liabilities:
Amounts due on senior secured credit facility	162,642	184,857
Accounts payable	39,432	66,777
Manufacturer flooring plans payable	30,780	62,433
Accrued expenses payable and other liabilities	56,833	55,551
Dividends payable	67	32
Senior unsecured notes, net of unaccreted discount of $1,251 and $1,118 and deferred financing costs of $1,038 and $1,576, respectively	627,711	627,306
Capital leases payable	1,704	1,907
Deferred income taxes	177,835	155,886
Deferred compensation payable	1,842	2,174
Total liabilities	1,098,846	1,156,923
Commitments and Contingencies (Note 12)
Stockholders’ equity:
Preferred stock, $0.01 par value, 25,000,000 shares authorized; no shares issued
Common stock, $0.01 par value, 175,000,000 shares authorized; 39,496,759 and 39,333,571 shares issued at December 31, 2016 and 2015, respectively, and 35,554,491 and 35,428,868 shares outstanding at December 31, 2016 and 2015, respectively	394	392
Additional paid-in capital	223,544	220,879
Treasury stock at cost, 3,942,268 and 3,904,703 shares of common stock held at December 31, 2016 and 2015, respectively	(60,966)	(60,405)
Retained deficit	(20,207)	(18,278)
Total stockholders’ equity	142,765	142,588
Total liabilities and stockholders’ equity	$ 1,241,611	$ 1,299,511

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts receivables	$ 3,769	$ 4,729
Reserves for obsolescence inventories	900	934
Accumulated depreciation, rental equipment	437,522	390,317
Accumulated depreciation and amortization, property and equipment	118,812	107,170
Accumulated amortization, deferred financing costs	12,160	11,347
Unaccreted discount, net	1,251	1,118
Deferred financing costs	$ 1,038	$ 1,576
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	175,000,000	175,000,000
Common stock, shares issued	39,496,759	39,333,571
Common stock, shares outstanding	35,554,491	35,428,868
Treasury stock, shares	3,942,268	3,904,703

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Revenues	$ 244,346	$ 244,686	$ 242,095	$ 247,010	$ 273,208	$ 276,853	$ 262,360	$ 227,410	$ 978,137	$ 1,039,831	$ 1,090,412
Cost of revenues:
Cost of revenues									642,526	694,099	742,474
Gross profit									335,611	345,732	347,938
Selling, general and administrative expenses									228,129	220,226	206,480
Gain from sales of property and equipment, net									3,285	2,737	2,286
Income from operations	29,874	33,090	25,371	22,432	33,477	38,472	32,962	23,332	110,767	128,243	143,744
Other income (expense):
Interest expense									(53,604)	(54,030)	(52,353)
Other, net									1,867	1,463	1,293
Total other expense, net									(51,737)	(52,567)	(51,060)
Income before provision for income taxes	16,861	20,007	12,707	9,455	20,502	25,492	19,441	10,241	59,030	75,676	92,684
Provision for income taxes									21,858	31,371	37,545
Net income	$ 12,430	$ 11,665	$ 7,503	$ 5,574	$ 11,967	$ 14,772	$ 11,480	$ 6,086	$ 37,172	$ 44,305	$ 55,139
Net income per common share:
Basic	$ 0.35	$ 0.33	$ 0.21	$ 0.16	$ 0.34	$ 0.42	$ 0.33	$ 0.17	$ 1.05	$ 1.26	$ 1.57
Diluted	$ 0.35	$ 0.33	$ 0.21	$ 0.16	$ 0.34	$ 0.42	$ 0.33	$ 0.17	$ 1.05	$ 1.25	$ 1.56
Weighted average common shares outstanding:
Basic									35,393	35,272	35,159
Diluted									35,480	35,343	35,249
Dividends declared per common share outstanding									$ 1.10	$ 1.05	$ 0.50
Operating Segments [Member]
Revenues:
Revenues									$ 912,645	$ 974,621	$ 1,030,343
Cost of revenues:
Gross profit									335,437	344,486	345,297
Operating Segments [Member] | Equipment Rentals [Member]
Revenues:
Revenues									445,227	443,024	404,110
Cost of revenues:
Gross profit									211,118	208,985	196,139
Operating Segments [Member] | Equipment Rentals [Member] | Rental Depreciation [Member]
Cost of revenues:
Cost of revenues									162,415	162,089	146,055
Operating Segments [Member] | Equipment Rentals [Member] | Rental Expense [Member]
Cost of revenues:
Cost of revenues									71,694	71,950	61,916
Operating Segments [Member] | New Equipment Sales [Member]
Revenues:
Revenues									196,688	238,172	328,036
Cost of revenues:
Cost of revenues									175,556	212,235	289,526
Gross profit									21,132	25,937	38,510
Operating Segments [Member] | Used Equipment Sales [Member]
Revenues:
Revenues									96,910	118,338	123,173
Cost of revenues:
Cost of revenues									66,738	81,338	84,936
Gross profit									30,172	37,000	38,237
Operating Segments [Member] | Parts Sales [Member]
Revenues:
Revenues									109,147	111,133	113,732
Cost of revenues:
Cost of revenues									78,966	80,830	81,106
Gross profit									30,181	30,303	32,626
Operating Segments [Member] | Services Revenues [Member]
Revenues:
Revenues									64,673	63,954	61,292
Cost of revenues:
Cost of revenues									21,839	21,693	21,507
Gross profit									42,834	42,261	39,785
Other [Member]
Revenues:
Revenues									65,492	65,210	60,069
Cost of revenues:
Cost of revenues									65,318	63,964	57,428
Gross profit									$ 174	$ 1,246	$ 2,641

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Accumulated Deficit [Member]
Beginning balances at Dec. 31, 2013	$ 94,812	$ 389	$ 215,775	$ (58,468)	$ (62,884)
Beginning balances, shares at Dec. 31, 2013		39,023,594
Stock-based compensation	2,598		2,598
Cash dividends declared on common stock ($0.50 per share in 2014, $1.05 per share in 2015 and $1.10 per share in 2016)	(17,692)				(17,692)
Tax deficiency associated with stock-based awards	(24)		(24)
Issuance of non-vested restricted common stock	1	$ 1
Issuance of non-vested restricted common stock, shares		76,427
Repurchases of 38,134, 25,484 and 37,565 shares of restricted common stock in 31 December 2014, 2015 and 2016 respectively	(1,467)			(1,467)
Net income	55,139				55,139
Ending Balance at Dec. 31, 2014	133,367	$ 390	218,349	(59,935)	(25,437)
Balance, Shares at Dec. 31, 2014		39,100,021
Stock-based compensation	2,655		2,655
Cash dividends declared on common stock ($0.50 per share in 2014, $1.05 per share in 2015 and $1.10 per share in 2016)	(37,146)				(37,146)
Tax deficiency associated with stock-based awards	(125)		(125)
Issuance of non-vested restricted common stock	2	$ 2
Issuance of non-vested restricted common stock, shares		233,550
Repurchases of 38,134, 25,484 and 37,565 shares of restricted common stock in 31 December 2014, 2015 and 2016 respectively	(470)			(470)
Net income	44,305				44,305
Ending Balance at Dec. 31, 2015	$ 142,588	$ 392	220,879	(60,405)	(18,278)
Balance, Shares at Dec. 31, 2015	39,333,571	39,333,571
Stock-based compensation	$ 3,037		3,037
Cash dividends declared on common stock ($0.50 per share in 2014, $1.05 per share in 2015 and $1.10 per share in 2016)	(39,101)				(39,101)
Tax deficiency associated with stock-based awards	(372)		(372)
Issuance of non-vested restricted common stock	2	$ 2
Issuance of non-vested restricted common stock, shares		163,188
Repurchases of 38,134, 25,484 and 37,565 shares of restricted common stock in 31 December 2014, 2015 and 2016 respectively	(561)			(561)
Net income	37,172				37,172
Ending Balance at Dec. 31, 2016	$ 142,765	$ 394	$ 223,544	$ (60,966)	$ (20,207)
Balance, Shares at Dec. 31, 2016	39,496,759	39,496,759

Consolidated Statements of Sto6

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Dividends declared per common share outstanding	$ 1.10	$ 1.05	$ 0.50
Accumulated Deficit [Member]
Dividends declared per common share outstanding	$ 1.10	$ 1.05	$ 0.50
Treasury Stock [Member]
Repurchase of restricted common stock, shares	37,565	25,484	38,134

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income	$ 37,172	$ 44,305	$ 55,139
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and equipment	27,282	24,368	20,459
Depreciation of rental equipment	162,415	162,089	146,055
Amortization of deferred financing costs	1,052	1,036	934
Accretion of note discount, net of premium amortization	168	168	168
Provision for losses on accounts receivable	3,137	3,441	2,859
Provision for inventory obsolescence	127	295	159
Provision for deferred income taxes	21,578	30,651	36,795
Stock-based compensation expense	3,037	2,655	2,598
Gain from sales of property and equipment, net	(3,285)	(2,737)	(2,286)
Gain from sales of rental equipment, net	(29,003)	(35,134)	(35,769)
Changes in operating assets and liabilities:
Receivables	4,154	13,566	(35,224)
Inventories	4,267	(14,517)	(66,723)
Prepaid expenses and other assets	2,541	(908)	(3,122)
Accounts payable	(27,345)	13,436	(14,438)
Manufacturer flooring plans payable	(31,653)	(31,167)	44,538
Accrued expenses payable and other liabilities	1,667	(4,995)	6,110
Deferred compensation payable	(332)	68	66
Net cash provided by operating activities	176,979	206,620	158,318
Cash flows from investing activities:
Purchases of property and equipment	(22,895)	(26,797)	(33,235)
Purchases of rental equipment	(179,709)	(178,772)	(368,491)
Proceeds from sales of property and equipment	3,805	4,289	3,657
Proceeds from sales of rental equipment	84,389	99,521	101,426
Net cash used in investing activities	(114,410)	(101,759)	(296,643)
Cash flows from financing activities:
Purchases of treasury stock	(561)	(470)	(1,467)
Borrowings on senior secured credit facility	966,146	982,961	1,235,630
Payments on senior secured credit facility	(988,361)	(1,058,023)	(1,078,171)
Payments of deferred financing costs		(725)	(909)
Dividend paid	(39,066)	(37,114)	(18,325)
Payments of capital lease obligations	(203)	(192)	(179)
Net cash provided by (used in) financing activities	(62,045)	(113,563)	136,579
Net increase (decrease) in cash	524	(8,702)	(1,746)
Cash, beginning of year	7,159	15,861	17,607
Cash, end of year	7,683	7,159	15,861
Non-cash asset purchases:
Assets transferred from new and used inventory to rental fleet	38,515	51,391	44,217
Purchases of property and equipment included in accrued expenses payable and other liabilities	(386)
Cash paid during the year for:
Interest	52,494	52,803	50,956
Income taxes paid (refunds received), net	$ 177	$ (1,591)	$ 4,516

Organization and Nature of Oper

Organization and Nature of Operations	12 Months Ended
	Dec. 31, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Nature of Operations	(1) Organization and Nature of Operations Organization Prior to our initial public offering in February 2006, our business was conducted through H&E LLC. In connection with our initial public offering, we converted H&E LLC into H&E Equipment Services, Inc. In order to have an operating Delaware corporation as the issuer for our initial public offering, H&E Equipment Services, Inc. was formed as a Delaware corporation and wholly-owned subsidiary of H&E Holdings L.L.C. (“H&E Holdings”), and immediately prior to the closing of our initial public offering, on February 3, 2006, H&E LLC and H&E Holdings merged with and into H&E Equipment Services, Inc., which survived the reincorporation merger as the operating company. Effective February 3, 2006, H&E LLC and H&E Holdings no longer existed under operation of law pursuant to the reincorporation merger. Nature of Operations As one of the largest integrated equipment services companies in the United States focused on heavy construction and industrial equipment, we rent, sell and provide parts and services support for four core categories of specialized equipment: (1) hi-lift or aerial work platform equipment; (2) cranes; (3) earthmoving equipment; and (4) industrial lift trucks. By providing equipment rental, sales, on-site parts, repair and maintenance functions under one roof, we are a one-stop provider for our customers’ varied equipment needs. This full service approach provides us with multiple points of customer contact, enables us to maintain a high quality rental fleet, as well as an effective distribution channel for fleet disposal and provides cross‑selling opportunities among our new and used equipment sales, rental, parts sales and services operations.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	(2) Summary of Significant Accounting Policies Principles of Consolidation and Basis of Presentation Our consolidated financial statements include the financial position and results of operations of H&E Equipment Services, Inc. and its wholly-owned subsidiaries H&E Finance Corp., GNE Investments, Inc., Great Northern Equipment, Inc., H&E California Holding, Inc., H&E Equipment Services (California), LLC and H&E Equipment Services (Mid-Atlantic), Inc., collectively referred to herein as “we” or “us” or “our” or the “Company.” All significant intercompany accounts and transactions have been eliminated in these consolidated financial statements. Business combinations are included in the consolidated financial statements from their respective dates of acquisition. The nature of our business is such that short-term obligations are typically met by cash flows generated from long-term assets. Consequently, and consistent with industry practice, the accompanying consolidated balance sheets are presented on an unclassified basis. Use of Estimates 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. Revenue Recognition Pursuant to Staff Accounting Bulletin No. 104 (“SAB 104”), the SEC Staff believes that revenue generally is realized or realizable and earned when all of the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred or services have been rendered; (3) the seller’s price to the buyer is fixed or determinable; and (4) collectibility is reasonably assured. Consistent with SAB 104, our policy recognizes revenue from equipment rentals in the period earned on a straight-line basis, over the contract term, regardless of the timing of the billing to customers. A rental contract term can be daily, weekly or monthly. Because the term of the contracts can extend across multiple financial reporting periods, we record unbilled rental revenue and deferred revenue at the end of reporting periods so that rental revenues earned are appropriately stated in the periods presented. Revenue from the sale of new and used equipment and parts is recognized at the time of delivery to, or pick-up by, the customer and when all obligations under the sales contract have been fulfilled, risk of ownership has been transferred and collectibility is reasonably assured. Services revenue is recognized at the time the services are rendered. Other revenues consist primarily of billings to customers for rental equipment delivery and damage waiver charges and are recognized at the time an invoice is generated and after the service has been provided. See also the “Recent Accounting Pronouncements” on page 46 for new accounting guidance related to revenue from contracts with customers. Inventories New and used equipment inventories are stated at the lower of cost or market, with cost determined by specific-identification. Inventories of parts and supplies are stated at the lower of the average cost or market. See also the “Recent Accounting Pronouncements” on page 47 for new accounting guidance related to measurement of inventories. Long-lived Assets and Goodwill Rental Equipment The rental equipment we purchase is stated at cost and is depreciated over the estimated useful lives of the equipment using the straight-line method. Estimated useful lives vary based upon type of equipment. Generally, we depreciate cranes and aerial work platforms over a ten year estimated useful life, earthmoving equipment over a five year estimated useful life with a 25% salvage value, and industrial lift trucks over a seven year estimated useful life. Attachments and other smaller type equipment are depreciated generally over a three year estimated useful life. We periodically evaluate the appropriateness of remaining depreciable lives and any salvage value assigned to rental equipment. Ordinary repair and maintenance costs and property taxes are charged to operations as incurred. However, expenditures for additions or improvements that significantly extend the useful life of the asset are capitalized in the period incurred. When rental equipment is sold or disposed of, the related cost and accumulated depreciation are removed from the respective accounts and any gains or losses are included in income. We receive individual offers for fleet on a continual basis, at which time we perform an analysis on whether or not to accept the offer. The rental equipment is not transferred to inventory under the held for sale model as the equipment is used to generate revenues until the equipment is sold. Property and Equipment Property and equipment are recorded at cost and are depreciated over the assets’ estimated useful lives using the straight-line method. Ordinary repair and maintenance costs are charged to operations as incurred. However, expenditures for additions or improvements that significantly extend the useful life of the asset are capitalized in the period incurred. At the time assets are sold or disposed of, the cost and accumulated depreciation are removed from their respective accounts and the related gains or losses are reflected in income. We capitalize interest on qualified construction projects. Costs associated with internally developed software are accounted for in accordance with FASB ASC 350-40, Internal-Use Software We periodically evaluate the appropriateness of remaining depreciable lives assigned to property and equipment. Leasehold improvements are amortized using the straight-line method over their estimated useful lives or the remaining term of the lease, whichever is shorter. Generally, we assign the following estimated useful lives to these categories: Category Estimated Useful Life Transportation equipment 5 years Buildings 39 years Office equipment 5 years Computer equipment 3 years Machinery and equipment 7 years In accordance with ASC 360, Property, Plant and Equipment Goodwill We have made acquisitions in the past that included the recognition of goodwill, which was determined based upon previous accounting principles. Pursuant to ASC 350, Intangibles-Goodwill and Other We evaluate goodwill for impairment at least annually, or more frequently if triggering events occur or other impairment indicators arise which might impair recoverability. Impairment of goodwill is evaluated at the reporting unit level. A reporting unit is defined as an operating segment (i.e. before aggregation or combination), or one level below an operating segment (i.e. a component). A component of an operating segment is a reporting unit if the component constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that component. We have identified two components within our Rental operating segment and have determined that each of our other operating segments (New, Used, Parts and Service) represent a reporting unit, resulting in six total reporting units. ASC 350 allows entities to first use a qualitative approach to test goodwill for impairment. ASC 350 permits an entity to first perform a qualitative assessment to determine whether it is more likely than not (a likelihood of greater than 50%) that the fair value of a reporting unit is less than its carrying value. If it is concluded that this is the case, the currently prescribed two-step goodwill test must be performed. Otherwise, the two-step goodwill impairment test is not required. Considerable judgment is required by management in using the qualitative approach under ASC 350 to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. ASC 350 suggests that a qualitative assessment may become less relevant over time. In other words, the longer it has been since the last quantitative assessment, the more difficult it could be for a company to conclude that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount. Given the length of time since the prior determination of our reporting units’ fair values, we did not perform a qualitative assessment as of October 1, 2016, but proceeded to Step 1 of the test and determined that the fair values of the goodwill reporting units exceeded their respective carrying values and, therefore, Step 2 of the goodwill test was not required, as there was no goodwill impairment at October 1, 2016. During fiscal years 2014 and 2015, we performed, as of October 1 of each year, a qualitative assessment and determined that it is more likely than not that the fair value of each of our reporting units is not less than its carrying value and, therefore, did not perform the prescribed two-step goodwill impairment test. We considered various factors in performing the qualitative test, including macroeconomic conditions, industry and market considerations, the overall financial performance of our reporting units, the Company’s stock price and the excess amount or “cushion” between our reporting unit’s fair value and carrying value as indicated on our most recent quantitative assessment. Based upon improving macroeconomic conditions, positive trends within our industry and market and continuing positive operating results in comparison to prior periods and our internal forecasts, as well as consideration of the cushion between the reporting unit’s fair value and carrying value from our prior quantitative analysis, we determined that it is more likely than not that the fair value of our reporting units exceeds their respective carrying values at the October 1, 2015 and 2014 valuation dates and there was no goodwill impairment at October 1, 2015 and 2014. Closed Branch Facility Charges We continuously monitor and identify branch facilities with revenues and operating margins that consistently fall below Company performance standards. Once identified, we continue to monitor these branches to determine if operating performance can be improved or if the performance is attributable to economic factors unique to the particular market with unfavorable long-term prospects. If necessary, branches with unfavorable long-term prospects are closed and the rental fleet and new and used equipment inventories are deployed to more profitable branches within our geographic footprint where demand is higher. We closed one branch during the year ended December 31, 2016 in a market where long-term prospects did not support continued operations. No branches were closed during 2015 or 2014. Under ASC 420, Exit or Disposal Cost Obligations Deferred Financing Costs and Initial Purchasers’ Discounts Deferred financing costs include legal, accounting and other direct costs incurred in connection with the issuance and amendments thereto, of the Company’s debt. These costs are amortized over the terms of the related debt using the straight-line method which approximates amortization using the effective interest method. Initial purchasers’ discount and bond premium is the differential between the price paid to an issuer for the new issue and the prices (below and above, respectively) at which the securities are initially offered to the investing public. The amortization expense of deferred financing costs and bond premium and accretion of initial purchasers’ discounts are included in interest expense as an overall cost of the related financings. See also the “Recent Accounting Pronouncements” on page 46 related to the new accounting guidance on the presentation of debt issuance costs adopted by the Company on January 1, 2016, which required debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability, consistent with the presentation of a debt discount. The guidance in the new standard is limited to the presentation of debt issuance costs and does not affect the recognition and measurement of debt issuance costs. Reserves for Claims We are exposed to various claims relating to our business, including those for which we provide self-insurance. Claims for which we self-insure include: (1) workers compensation claims; (2) general liability claims by third parties for injury or property damage caused by our equipment or personnel; (3) automobile liability claims; and (4) employee health insurance claims. These types of claims may take a substantial amount of time to resolve and, accordingly, the ultimate liability associated with a particular claim, including claims incurred but not reported as of a period-end reporting date, may not be known for an extended period of time. Our methodology for developing self-insurance reserves is based on management estimates and independent third party actuarial estimates. Our estimation process considers, among other matters, the cost of known claims over time, cost inflation and incurred but not reported claims. These estimates may change based on, among other things, changes in our claim history or receipt of additional information relevant to assessing the claims. Further, these estimates may prove to be inaccurate due to factors such as adverse judicial determinations or other claim settlements at higher than estimated amounts. Accordingly, we may be required to increase or decrease our reserve levels. At December 31, 2016, our claims reserves related to workers compensation, general liability and automobile liability, which are included in “Accrued expenses and other liabilities” in our consolidated balance sheets, totaled $4.9 million and our health insurance reserves totaled $1.0 million. At December 31, 2015, our claims reserves related to workers compensation, general liability and automobile liability totaled $5.0 million and our health insurance reserves totaled $1.4 million. Sales Taxes We impose and collect significant amounts of sales taxes concurrent with our revenue-producing transactions with customers and remit those taxes to the various governmental agencies as prescribed by the taxing jurisdictions in which we operate. We present such taxes in our consolidated statements of income on a net basis. Advertising Advertising costs are expensed as incurred and totaled $1.0 million, $1.8 million and $1.3 million for the years ended December 31, 2016, 2015 and 2014, respectively. Shipping and Handling Fees and Costs Shipping and handling fees billed to customers are recorded as revenues while the related shipping and handling costs are included in other cost of revenues. Income Taxes The Company files a consolidated federal income tax return with its wholly-owned subsidiaries. The Company is a C-Corporation under the provisions of the Internal Revenue Code. We utilize the asset and liability approach to measure deferred tax assets and liabilities based on temporary differences existing at each balance sheet date using currently enacted tax rates in accordance with ASC 740. ASC 740 takes into account the differences between financial statement treatment and tax treatment of certain transactions. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rate is recognized as income or expense in the period that includes the enactment date of that rate. In accordance with ASC 740, the Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax provisions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company recognizes both interest and penalties related to uncertain tax positions in net other income (expense). Our deferred tax calculation requires management to make certain estimates about future operations. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Fair Value of Financial Instruments Fair value is defined as the amount that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The FASB fair value measurement guidance established a fair value hierarchy that prioritizes the inputs used to measure fair value. The three broad levels of the fair value hierarchy are as follows: Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities Level 2 – Quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly Level 3 – Unobservable inputs for which little or no market data exists, therefore requiring a company to develop its own assumptions The carrying value of financial instruments reported in the accompanying consolidated balance sheets for cash, accounts receivable, accounts payable and accrued expenses payable and other liabilities approximate fair value due to the immediate or short-term nature or maturity of these financial instruments. The fair value of our letter of credit is based on fees currently charged for similar agreements. The carrying amounts and fair values of our other financial instruments subject to fair value disclosures as of December 31, 2016 and 2015 are presented in the table below (amounts in thousands) and have been calculated based upon market quotes and present value calculations based on market rates. December 31, 2016 Carrying Amount Fair Value Manufacturer flooring plans payable with interest computed at 4.50% (Level 3) $ 30,780 $ 26,780 Senior unsecured notes with interest computed at 7.0% (Level 1) 627,711 663,075 Capital leases payable with interest computed at 5.929% to 9.55% (Level 3) 1,704 1,164 Letter of credit (Level 3) — 155 December 31, 2015 Carrying Amount Fair Value Manufacturer flooring plans payable with interest computed at 5.25% (Level 3) $ 62,433 $ 54,710 Senior unsecured notes with interest computed at 7.0% (Level 1) 628,882 617,400 Capital leases payable with interest computed at 5.929% to 9.55% (Level 3) 1,907 1,329 Letter of credit (Level 3) — 145 During 2016 and 2015, there were no transfers of financial assets or liabilities in or out of Level 1, Level 2 or Level 3 of the fair value hierarchy. Concentrations of Credit and Supplier Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of trade accounts receivable. Credit risk can be negatively impacted by adverse changes in the economy or by disruptions in the credit markets. However, we believe that credit risk with respect to trade accounts receivable is somewhat mitigated by our large number of geographically diverse customers and our credit evaluation procedures. Although generally no collateral is required, when feasible, mechanics’ liens are filed and personal guarantees are signed to protect the Company’s interests. We maintain reserves for potential losses. We record trade accounts receivables at sales value and establish specific reserves for certain customer accounts identified as known collection problems due to insolvency, disputes or other collection issues. The amounts of the specific reserves estimated by management are based on the following assumptions and variables: the customer’s financial position, age of the customer’s receivables and changes in payment schedules. In addition to the specific reserves, management establishes a non-specific allowance for doubtful accounts by applying specific percentages to the different receivable aging categories (excluding the specifically reserved accounts). The percentage applied against the aging categories increases as the accounts become further past due. The allowance for doubtful accounts is charged with the write-off of uncollectible customer accounts. We purchase a significant amount of equipment from the same manufacturers with whom we have distribution agreements. During the year ended December 31, 2016, we purchased approximately 46% from three manufacturers (Grove/Manitowoc, Komatsu, and Genie Industries (Terex)) providing our rental and sales equipment. We believe that while there are alternative sources of supply for the equipment we purchase in each of the principal product categories, termination of one or more of our relationships with any of our major suppliers of equipment could have a material adverse effect on our business, financial condition or results of operation if we were unable to obtain adequate or timely rental and sales equipment. Income per Share Income per common share for the year ended December 31, 2016, 2015 and 2014 are based on the weighted average number of common shares outstanding during the period. The effects of potentially dilutive securities that are anti-dilutive are not included in the computation of dilutive income per share. We include all common shares granted under our incentive compensation plan which remain unvested (“restricted common shares”) and contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid (“participating securities”), in the number of shares outstanding in our basic and diluted EPS calculations using the two-class method. All of our restricted common shares are currently participating securities. Under the two-class method, earnings per common share are computed by dividing the sum of distributed earnings allocated to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of common shares outstanding for the period. In applying the two-class method, distributed and undistributed earnings are allocated to both common shares and restricted common shares based on the total weighted average shares outstanding during the period. The number of restricted common shares outstanding during the periods ended December 31, 2016, 2015 and 2014 were only 0.8%, 0.8% and 0.4% of total outstanding shares, respectively, and, consequently, were immaterial to the basic and diluted EPS calculations. Therefore, use of the two-class method had no impact on our basic and diluted EPS calculations as presented for the years ended December 31, 2016, 2015 and 2014. The following table sets forth the computation of basic and diluted net income per common share for the years ended December 31, (amounts in thousands, except per share amounts): 2016 2015 2014 Basic net income per share: Net income $ 37,172 $ 44,305 $ 55,139 Weighted average number of common shares outstanding 35,393 35,272 35,159 Net income per common share — basic $ 1.05 $ 1.26 $ 1.57 Diluted net income per share: Net income $ 37,172 $ 44,305 $ 55,139 Weighted average number of common shares outstanding 35,393 35,272 35,159 Effect of dilutive securities: Effect of dilutive stock options — 14 23 Effect of dilutive non-vested stock 87 57 67 Weighted average number of common shares outstanding — diluted 35,480 35,343 35,249 Net income per common share — diluted $ 1.05 $ 1.25 $ 1.56 Common shares excluded from the denominator as anti-dilutive: Stock options 4 14 — Non-vested stock 3 8 1 Stock-Based Compensation We adopted our 2006 Stock-Based Incentive Compensation Plan (as amended and restated from time to time, the “Prior Stock Plan”) and over the last ten years prior to June 2016, we had been granting awards under our Prior Stock Plan. The Prior Stock Plan expired pursuant to its terms in June 2016, and the Company is no longer be able to grant equity awards under the Prior Stock Plan. At our annual meeting of stockholders in May 2016, our stockholders approved our 2016 Stock-Based Incentive Compensation Plan (the “2016 Plan” and collectively with the Prior Stock Plan, the “Stock Plans”). To the extent that awards granted under the Prior Stock Plan are forfeited or otherwise terminate for any reason whatsoever without an actual distribution or issuance of shares, the plan limit will be increased by such number of shares. The Stock Plans are administered by the Compensation Committee of our Board of Directors, which selects persons eligible to receive awards and determines the number of shares and/or options subject to each award, the terms, conditions, performance measures, if any, and other provisions of the award. Under the Stock Incentive Plan, we may offer deferred shares or restricted shares of our common stock and grant options, including both incentive stock options and nonqualified stock options, to purchase shares of our common stock. Shares available for future stock-based payment awards under our Stock Incentive Plan were 1,976,789 shares of common stock as of December 31, 2016. We account for our stock-based compensation plans using the fair value recognition provisions of Accounting Standards Codification 718, Stock Compensation Non-vested Stock From time to time, we issue shares of non-vested stock typically with vesting terms of three years. The following table summarizes our non-vested stock activity for the years ended December 31, 2016 and 2015: Number of Shares Weighted Average Grant Date Fair Value Non-vested stock at January 1, 2015 148,398 $ 27.11 Granted 291,529 $ 17.34 Vested (106,342 ) $ 22.24 Forfeited (11,230 ) $ 26.48 Non-vested stock at December 31, 2015 322,355 $ 19.90 Granted 227,532 $ 17.39 Vested (136,765 ) $ 18.88 Forfeited (12,321 ) $ 18.83 Non-vested stock at December 31, 2016 400,801 $ 18.86 As of December 31, 2016, we had unrecognized compensation expense of approximately $4.9 million related to non-vested stock award payments that we expect to be recognized over a weighted average period of 2.2 years. The following table summarizes compensation expense related to stock-based awards included in selling, general and administrative expenses in the accompanying consolidated statements of income for the years ended December 31, (amounts in thousands): 2016 2015 2014 Compensation expense $ 3,037 $ 2,655 $ 2,598 We receive a tax deduction when non-vested stock vests at a higher value than the value used to recognize compensation expense at the date of grant. In accordance with ASC 718, we are required to report excess tax benefits from the award of equity instruments as financing cash flows. Excess tax benefits will be recorded when a deduction reported for tax return purposes for an award of equity instruments exceeds the cumulative compensation cost for the instruments recognized for financial reporting purposes. As a result of certain realization requirements of ASC 718, approximately $0.9 million of excess tax benefits on stock compensation have not been recorded because those tax benefits have not yet reduced taxes payable. Equity will be increased if and when these excess tax benefits are ultimately realized. Stock Options No stock options were granted during 2016, 2015 or 2014. At December 31, 2016, we had no unrecognized compensation expense related to prior stock option awards. No stock compensation expense was recognized in 2016, 2015 or 2014 related to stock options. The following table represents stock option activity for the years ended December 31, 2016 and 2015: Number of Shares Weighted Average Exercise Price(1) Weighted Average Contractual Life In Years Outstanding options at January 1, 2015 51,000 $ 17.80 1.5 Granted — — Exercised — — Canceled, forfeited or expired — — Outstanding options at December 31, 2015 51,000 $ 17.80 0.5 Granted — — Exercised — — Canceled, forfeited or expired 46,500 $ 17.65 Outstanding options at December 31, 2016 4,500 $ 19.27 0.4 Options exercisable at December 31, 2016 4,500 $ 19.27 0.4 (1) Weighted average exercise prices shown above include a reduction of $7.00 per share to reflect the equitable adjustment to the exercise prices in connection with the declaration and payment of a special, one-time cash dividend of $7.00 per share in the third quarter of 2012. The closing price of our common stock on December 31, 2016 was $23.25. The aggregate intrinsic value of our outstanding and exercisable options at December 31, 2016 was less than $0.1 million We receive a tax deduction for stock option exercises during the period in which the options are exercised, generally for the excess of the price at which the stock is sold over the exercise price of the options. Purchases of Company Common Stock Purchases of our common stock are accounted for as treasury stock in the accompanying consolidated balance sheets using the cost method. Repurchased stock is included in authorized shares, but is not included in shares outstanding. Segment Reporting We have determined in accordance with ASC 280, Segment Reporting Recent Accounting Pronouncements Pronouncements Adopted in the First Quarter of 2016 In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs Interest-Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcements Deferred Financing Costs Total Assets Senior Unsecured Notes Total Liabilities Total Liabilities and Stockholders’ Equity Previously reported $ 4,353 $ 1,301,087 $ 628,882 $ 1,158,499 $ 1,301,087 Reclassification of debt issuance costs (1,576 ) (1,576 ) (1,576 ) (1,576 ) (1,576 ) Current presentation $ 2,777 $ 1,299,511 $ 627,306 $ 1,156,923 $ 1,299,511 In April 2015, the FASB issued ASU No. 2015-05, Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement In September 2015, the FASB issued ASU No. 2015-16, Business Combinations: Simplifying the Accounting for Measurement-Period Adjustments Combinations Pronouncements Not Yet Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers Revenue Recognition In July 2015, the FASB issued ASU 2015-11, Inventory: Simplifying the Measurement of Inventory In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . In March 2016, the FASB Issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In June 2016, the FASB issued ASU 2016-13, “ Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued ASU No. 2016-15, Classification of Certain Cash Receipts and Cash Payments In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment

Receivables

Receivables	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Receivables	(3) Receivables Receivables consisted of the following at December 31, (amounts in thousands): 2016 2015 Trade receivables $ 137,470 $ 145,418 Unbilled rental revenue 5,384 5,363 Income tax receivables 949 1,273 Other 3 3 143,806 152,057 Less allowance for doubtful accounts (3,769 ) (4,729 ) Total receivables, net $ 140,037 $ 147,328 We charge off customer account balances when we have exhausted reasonable collection efforts and determined that the likelihood of collection is remote.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Inventories	(4) Inventories Inventories consisted of the following at December 31, (amounts in thousands): 2016 2015 New equipment $ 34,451 $ 72,064 Used equipment 3,461 5,301 Parts, supplies and other 15,997 19,453 Total inventories, net $ 53,909 $ 96,818 The above amounts are presented net of reserves for inventory obsolescence at December 31, 2016 and 2015 totaling approximately $0.9 million and $0.9 million, respectively.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2016
Property Plant And Equipment [Abstract]
Property and Equipment	(5) Property and Equipment Net property and equipment consisted of the following at December 31, (amounts in thousands): 2016 2015 Land $ 7,054 $ 7,054 Transportation equipment 89,168 82,768 Building and leasehold improvements 53,967 54,094 Office and computer equipment 51,971 53,413 Machinery and equipment 15,179 14,707 Property under capital leases 3,217 3,217 Construction in progress 3,748 2,702 224,304 217,955 Less accumulated depreciation and amortization (118,812 ) (107,170 ) Total net property and equipment $ 105,492 $ 110,785 Total depreciation and amortization on property and equipment was $27.3 million, $24.4 million and $20.5 million for the years ended December 31, 2016, 2015 and 2014, respectively. Included in the office and computer equipment category above at December 31, 2016 and 2015 is approximately $26.9 million of capitalized costs, including $0.6 million of capitalized interest, related to the implementation of our enterprise resource planning system in 2010. Unamortized computer software costs related to the enterprise resource planning system at December 31, 2015 was approximately $3.8 million, while related amortization expense in 2016 and 2015 totaled approximately $3.8 million each year. The enterprise resource planning system was fully depreciated as of December 31, 2016.

Manufacturer Flooring Plans Pay

Manufacturer Flooring Plans Payable	12 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Manufacturer Flooring Plans Payable	(6) Manufacturer Flooring Plans Payable Manufacturer flooring plans payable are financing arrangements for inventory and rental equipment. The interest cost incurred on the manufacturer flooring plans ranged from 0% to the prime rate (3.75% at December 31, 2016) plus an applicable margin at December 31, 2016. Certain manufacturer flooring plans provide for a one to twelve-month reduced interest rate term or a deferred payment period. We recognize interest expense based on the effective interest method. We make payments in accordance with the original terms of the financing agreements. However, we routinely sell equipment that is financed under manufacturer flooring plans prior to the original maturity date of the financing agreement. The related manufacturer flooring plan payable is then paid at the time the equipment being financed is sold. The manufacturer flooring plans payable are secured by the equipment being financed. Maturities (based on original financing terms) of the manufacturer flooring plans payable as of December 31, 2016 for each of the next three years ending December 31 are as follows (amounts in thousands): 2017 $ 19,954 2018 10,255 2019 571 Thereafter — Total $ 30,780

Accrued Expenses Payable and Ot

Accrued Expenses Payable and Other Liabilities	12 Months Ended
	Dec. 31, 2016
Payables And Accruals [Abstract]
Accrued Expenses Payable and Other Liabilities	(7) Accrued Expenses Payable and Other Liabilities Accrued expenses payable and other liabilities consisted of the following at December 31, (amounts in thousands): 2016 2015 Payroll and related liabilities $ 17,842 $ 18,250 Sales, use and property taxes 9,925 8,366 Accrued interest 15,112 15,284 Accrued insurance 4,227 4,534 Deferred revenue 5,703 5,556 Other 4,024 3,561 Total accrued expenses payable and other liabilities $ 56,833 $ 55,551

Senior Unsecured Notes

Senior Unsecured Notes	12 Months Ended
	Dec. 31, 2016
Unsecured Debt [Member]
Debt Instrument [Line Items]
Senior Secured Credit Facility	(8) Senior Unsecured Notes On August 20, 2012, the Company closed on its offering of $530 million aggregate principal amount of 7% senior notes due 2022 (the “New Notes”) in an unregistered offering. The New Notes and related guarantees were offered in a private placement solely to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), or outside the United States to persons other than “U.S. persons” in compliance with Regulation S under the Securities Act. The New Notes were issued at par and require semiannual interest payments on March 1st and September 1st of each year, commencing on March 1, 2013. No principal payments are due until maturity (September 1, 2022). The New Notes are redeemable, in whole or in part, at any time on or after September 1, 2017 at specified redemption prices plus accrued and unpaid interest to the date of redemption. We may also redeem the New Notes prior to September 1, 2017 at a specified “make-whole” redemption price plus accrued and unpaid interest to the date of redemption. The New Notes rank equally in right of payment to all of our existing and future senior indebtedness and rank senior to any of our subordinated indebtedness. The New Notes are unconditionally guaranteed on a senior unsecured basis by all of our current and future significant domestic restricted subsidiaries. In addition, the New Notes are effectively subordinated to all of our and the guarantors’ existing and future secured indebtedness, including the Credit Facility, to the extent of the assets securing such indebtedness, and are structurally subordinated to all of the liabilities and preferred stock of any of our subsidiaries that do not guarantee the New Notes. If we experience a change of control, we will be required to offer to purchase the New Notes at a repurchase price equal to 101% of the principal amount, plus accrued and unpaid interest to the date of repurchase. The indenture governing the New Notes contains certain covenants that, among other things, limit our ability and the ability of our restricted subsidiaries to: (i) incur additional indebtedness, assume a guarantee or issue preferred stock; (ii) pay dividends or make other equity distributions or payments to or affecting our subsidiaries; (iii) purchase or redeem our capital stock; (iv) make certain investments; (v) create liens; (vi) sell or dispose of assets or engage in mergers or consolidations; (vii) engage in certain transactions with subsidiaries or affiliates; (viii) enter into sale-leaseback transactions; and (ix) engage in certain business activities. Each of the covenants is subject to exceptions and qualifications. As of December 31, 2016, we were in compliance with these covenants. On February 4, 2013, the Company closed on its offering of $100 million aggregate principal amount of 7% senior notes due 2022 (the “Add-on Notes”) in an unregistered offering through a private placement. The Add-on Notes were priced at 108.5% of the principal amount. The Add-on Notes bear interest at a rate of 7% per year and mature on September 1, 2022. Interest on the Add-on Notes accrues from August 20, 2012 and is payable on each March 1 and September 1, commencing March 1, 2013. No principal payments are due until maturity. The Add-on Notes are redeemable, in whole or in part, at any time on or after September 1, 2017 at specified redemption prices plus accrued and unpaid interest to the date of redemption. We may redeem the Add-on Notes prior to September 1, 2017 at a specified “make-whole” redemption price plus accrued and unpaid interest to the date of redemption. The Add-on Notes are our senior unsecured obligations and rank equally in right of payment to all of our existing and future senior indebtedness and rank senior to any of our subordinated indebtedness. The Add-on Notes are unconditionally guaranteed on a senior unsecured basis by all of our current and future significant domestic restricted subsidiaries. In addition, the Add-on Notes are effectively subordinated to all of our and the guarantors’ existing and future secured indebtedness, including the Credit Facility, to the extent of the assets securing such indebtedness, and are structurally subordinated to all of the liabilities and preferred stock of any of our subsidiaries that do not guarantee the Add-on Notes. The Add-on Notes were issued as additional notes under an indenture dated as of August 20, 2012 pursuant to which the Company previously issued the New Notes as described above. The Add-on Notes have identical terms to, rank equally with, and form a part of a single class of securities with the New Notes. If we experience a change of control, we will be required to offer to purchase the Add-on Notes at a repurchase price equal to 101% of the principal amount, plus accrued and unpaid interest to the date of repurchase. On April 1, 2013, the Company launched an offer to exchange the New and Add-on Notes and guarantees for registered, publicly tradable notes and guarantees that have terms identical in all material respects to the New and Add-on Notes (except that the exchange notes do not contain any transfer restrictions). This exchange offer closed on April 30, 2013. The following table reconciles our Senior Unsecured Notes to our Consolidated Balance Sheets (amounts in thousands): Balance at December 31, 2014 $ 628,714 Accretion of discount through December 31, 2015 1,055 Amortization of note premium through December 31, 2015 (887 ) Reclass of deferred financing costs to debt discount (see footnote 2) (1,576 ) Balance at December 31, 2015 $ 627,306 Accretion of discount through December 31, 2016 1,055 Amortization of note premium through December 31, 2016 (887 ) Amortization of deferred financing costs through December 31, 2016 237 Balance at December 31, 2016 $ 627,711

Senior Secured Credit Facility

Senior Secured Credit Facility	12 Months Ended
	Dec. 31, 2016
Secured Debt [Member]
Senior Secured Credit Facility	(9) Senior Secured Credit Facility We and our subsidiaries are parties to a $602.5 million senior secured credit facility (the “Credit Facility”) with General Electric Capital Corporation as agent, and the lenders named therein (the “Lenders”). On May 21, 2014, we amended, extended and restated the Credit Facility by entering into the Fourth Amended and Restated Credit Agreement (the “Amended and Restated Credit Agreement”) by and among the Company, Great Northern Equipment, Inc., H&E Equipment Services (California), LLC, the other credit parties named therein, the lenders named therein, General Electric Capital Corporation, as administrative agent, Bank of America, N.A. as co-syndication agent and documentation agent, Wells Fargo Capital Finance, LLC, as co-syndication agent and Deutsche Bank Securities Inc. as joint lead arranger and joint bookrunner. The Amended and Restated Credit Agreement, among other things, (i) extends the maturity date of the Credit Facility from February 29, 2017 to May 21, 2019, (ii) increases the uncommitted incremental revolving capacity from $130 million to $150 million, (iii) permits a like-kind exchange program under Section 1031 of the Internal Revenue Code of 1986, as amended, (iv) provides that the unused commitment fee margin will be either 0.50%, 0.375% or 0.25%, depending on the ratio of the average of the daily closing balances of the aggregate revolving loans, swing line loans and letters of credit outstanding during each month to the aggregate commitments for the revolving loans, swing line loans and letters of credit, (v) lowers the interest rate (a) in the case of index rate revolving loans, to the index rate plus an applicable margin of 0.75% to 1.25% depending on the leverage ratio and (b) in the case of LIBOR revolving loans, to LIBOR plus an applicable margin of 1.75% to 2.25%, depending on the leverage ratio, (vi) lowers the margin applicable to the letter of credit fee to between 1.75% and 2.25%, depending on the leverage ratio, and (vii) permits, under certain conditions, for the payment of dividends and/or stock repurchases or redemptions on the capital stock of the Company of up to $75 million per calendar year and further additionally permits the payment of the special cash dividend of $7.00 per share previously declared by the Company on August 20, 2012 to the holders of outstanding restricted stock of the Company following the declared payment date with such permission not tied to the vesting of such restricted stock (which includes the Company’s payment in June 2014 of all amounts that remained payable to the holders of the restricted stock of the Company with respect to such special dividend that was otherwise payable following the applicable vesting dates in May and July 2014 and 2015). On February 5, 2015, we entered into an amendment of the Credit Facility which, among other things, increased the total amount of revolving loan commitments under the Amended and Restated Credit Agreement from $402.5 million to $602.5 million. As of December 31, 2016, we were in compliance with our financial covenants under the Credit Facility. At December 31, 2016, the Company could borrow up to an additional $432.1 million and remain in compliance with the debt covenants under the Company’s Credit Facility. At December 31, 2016, the interest rate on the Credit Facility was based on a 3.75% U.S. Prime Rate plus 100 basis points and LIBOR plus 200 basis points. The weighted average interest rate at December 31, 2016 was approximately 2.9%. At February 16, 2017, we had $469.7] million of available borrowings under our Credit Facility, net of a $7.7 million outstanding letter of credit.

Capital Lease Obligations

Capital Lease Obligations	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Capital Lease Obligations	( 10) Capital Lease Obligations As of December 31, 2016, we had two capital lease obligations, expiring in 2022 and 2029, respectively. Future minimum capital lease payments, in the aggregate, existing at December 31, 2016 for each of the next five years ending December 31 and thereafter are as follows (amounts in thousands): 2017 $ 333 2018 333 2019 333 2020 333 2021 333 Thereafter 631 Total minimum lease payments 2,296 Less: amount representing interest (592 ) Present value of minimum lease payments $ 1,704

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	(11) Income Taxes Our income tax provision for the years ended December 31, 2016, 2015 and 2014, consists of the following (amounts in thousands): Current Deferred Total Year ended December 31, 2016: U.S. Federal $ — $ 21,516 $ 21,516 State 280 62 342 $ 280 $ 21,578 $ 21,858 Year ended December 31, 2015: U.S. Federal $ 85 $ 25,206 $ 25,291 State 634 5,446 6,080 $ 719 $ 30,652 $ 31,371 Year ended December 31, 2014: U.S. Federal $ 576 $ 30,753 $ 31,329 State 151 6,065 6,216 $ 727 $ 36,818 $ 37,545 Significant components of our deferred income tax assets and liabilities as of December 31 are as follows (amounts in thousands): 2016 2015 Deferred tax assets: Accounts receivable $ 1,415 $ 1,808 Inventories 347 364 Net operating losses 25,117 25,881 AMT and tax credits 3,522 3,432 Sec 263A costs 599 1,082 Accrued liabilities 4,238 4,419 Deferred compensation 1,001 1,345 Accrued interest 533 633 Stock-based compensation 283 521 Goodwill and intangible assets 58 1,359 Other assets 414 247 37,527 41,091 Valuation allowance (207 ) — 37,320 41,091 Deferred tax liabilities: Property and equipment (213,537 ) (195,349 ) Investments (1,618 ) (1,628 ) (215,155 ) (196,977 ) Net deferred tax liabilities $ (177,835 ) $ (155,886 ) The reconciliation between income taxes computed using the statutory federal income tax rate of 35% to the actual income tax expense (benefit) is below for the years ended December 31 (amounts in thousands): 2016 2015 2014 Computed tax at statutory rates $ 20,660 $ 26,487 $ 32,439 Permanent items - other 904 953 1,069 State income tax, net of federal tax effect 2,115 3,892 4,046 Change in valuation allowance 207 — — Increase in uncertain tax positions 66 39 (9 ) Other - change in deferred state rate (2,094 ) — — $ 21,858 $ 31,371 $ 37,545 At December 31, 2016, we had available federal net operating loss carry forwards of approximately $97.0 million, which expire in varying amounts from 2029 through 2036. We also had federal alternative minimum tax credit carry forwards at December 31, 2016 of approximately $3.0 million which do not expire and $0.3 million general business credit carry forwards that expire in varying amounts from 2026 and 2035, and state income tax credits of $0.2 million that expire in varying amounts beginning in 2018. The federal and state net operating loss carryforwards in the income tax returns filed included unrecognized tax benefits taken in prior years. These net operating losses for which a deferred tax asset is recognized for financial statement purposes in accordance with ASC 740 are presented net of these unrecognized tax benefits. Management has concluded that it is more likely than not that the federal deferred tax assets are fully realizable through future reversals of existing taxable temporary differences and future taxable income. Therefore, a valuation allowance is not required to reduce those deferred tax assets as of December 31, 2016. However, for the year ended December 31, 2016, a valuation allowance of $0.2 million was created for certain state net operating losses expiring soon that may not be utilized. A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows (in thousands): 2016 2015 Gross unrecognized tax benefits at January 1 $ 6,035 $ 5,962 Increases in tax positions taken in prior years 26 73 Decreases in tax positions taken in prior years — — Increases in tax positions taken in current year 105 — Decreases for tax positions taken in current year — — Settlements with taxing authorities — — Lapse in statute of limitations (47 ) — Gross unrecognized tax benefits at December 31 $ 6,119 $ 6,035 The gross amount of unrecognized tax benefits as of December 31, 2016 includes approximately $5.9 million of net unrecognized tax benefits that, if recognized, would affect the effective income tax rate. Consistent with our historical financial reporting, to the extent we incur interest income, interest expense, or penalties related to unrecognized income tax benefits, they are recorded in “Other net income or expense.” The amount of interest and penalties included in the table above are not material. We believe it is reasonably possible that a decrease of up to $5.9 million in unrecognized tax benefits related to federal and state exposures will occur within the next twelve months as a result of a lapse of the statute of limitations. Our U.S. federal tax returns for 2013 and subsequent years remain subject to examination by tax authorities. We are also subject to examination in various state jurisdictions for 2012 and subsequent years.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	(12) Commitments and Contingencies Operating Leases As of December 31, 2016, we lease certain real estate related to our branch facilities as well as certain office equipment under non-cancelable operating lease agreements expiring at various dates through 2033. Our real estate leases provide for varying terms, including customary renewal options and base rental escalation clauses, for which the related rent expense is accounted for on a straight-line basis during the terms of the respective leases. Additionally, certain real estate leases may require us to pay maintenance, insurance, taxes and other expenses in addition to the stated rental payments. Rent expense on property leases and equipment leases under non-cancelable operating lease agreements for the years ended December 31, 2016, 2015 and 2014 amounted to approximately $18.3 million, $15.5 million and $13.0 million, respectively. Future minimum operating lease payments existing at December 31, 2016 for each of the next five years ending December 31 and thereafter are as follows (amounts in thousands): 2017 $ 18,543 2018 19,315 2019 17,996 2020 17,561 2021 16,000 Thereafter 99,089 $ 188,504 Legal Matters We are also involved in various claims and legal actions arising in the ordinary course of business. In the opinion of management, after consultation with legal counsel, the ultimate disposition of these various matters will not have a material adverse effect on the Company’s consolidated financial position, results of operations or liquidity. Letters of Credit The Company had outstanding letters of credit issued under its Credit Facility totaling $7.7 million as of December 31, 2016 and 2015, respectively. The 2016 letters of credit expired in January 2017 and were renewed under one combined letter of credit for $7.7 million for a one-year period expiring in January 2018.

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2016
Compensation And Retirement Disclosure [Abstract]
Employee Benefit Plan	(13) Employee Benefit Plan We offer substantially all of our employees’ participation in a qualified 401(k)/profit-sharing plan in which we match employee contributions up to predetermined limits for qualified employees as defined by the plan. For the years ended December 31, 2016, 2015 and 2014, we contributed to the plan, net of employee forfeitures, $2.1 million, $2.2 million and $1.7 million, respectively.

Deferred Compensation Plans

Deferred Compensation Plans	12 Months Ended
	Dec. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Deferred Compensation Plans	(14) Deferred Compensation Plans In 2001, we assumed, in a business combination, nonqualified employee deferred compensation plans under which certain employees had previously elected to defer a portion of their annual compensation. Upon assumption of the plans, the plans were amended to not allow further participant compensation deferrals. Compensation previously deferred under the plans is payable upon the termination, disability or death of the participants. At December 31, 2016, we have obligations remaining under one deferred compensation plan. All other plans have terminated pursuant to the provisions of each respective plan. The remaining plan accumulates interest each year at a bank’s prime rate in effect at the beginning of January of each year. This rate remains constant throughout the year. The effective rate for the 2016 calendar plan year was 3.50%. The aggregate deferred compensation payable at December 31, 2016 and December 31, 2015 was approximately $1.8 million and $2.2 million, respectively. Included in these amounts at December 31, 2016 and 2015 was accrued interest of $1.4 million and $1.6 million, respectively.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	(15) Related Party Transactions John M. Engquist, our Chief Executive Officer, has a 50.0% ownership interest in T&J Partnership from which we leased our Shreveport, Louisiana facility. Mr. Engquist’s mother beneficially owns 50% of the entity. In 2015 and 2014, we paid T&J Partnership a total of approximately $0.2 million each year in lease payments. T&J Partnership sold this property in November 2015 to an unrelated party, from whom we now lease the property. Mr. Engquist has a 30.0% ownership interest in Perkins-McKenzie Insurance Agency, Inc. (“Perkins-McKenzie”), an insurance brokerage firm. Mr. Engquist’s mother and sister have a 12.0% and 6.0% interest, respectively, in Perkins-McKenzie. Perkins-McKenzie brokers a substantial portion of our commercial liability insurance. As the broker, Perkins-McKenzie receives from our insurance provider as a commission a portion of the premiums we pay to the insurance provider. Commissions paid to Perkins-McKenzie on our behalf as insurance broker totaled approximately $0.9 million, $0.9 million and $0.8 million for the years ended December 31, 2016, 2015 and 2014, respectively. We purchase products and services from, and sell products and services to, B-C Equipment Sales, Inc., in which Mr. Engquist has a 50% ownership interest. In each of the years ended December 31, 2016, 2015 and 2014, our purchases totaled $0.4 million, $0.2 million and $0.2 million, respectively, and our sales to B-C Equipment Sales, Inc. totaled approximately $0.1 million, $0.1 million and $0.1 million, respectively.

Summarized Quarterly Financial

Summarized Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Summarized Quarterly Financial Data (Unaudited)	(16) Summarized Quarterly Financial Data (Unaudited) The following is a summary of our unaudited quarterly financial results of operations for the years ended December 31, 2016 and 2015 (amounts in thousands, except per share amounts): First Quarter Second Quarter Third Quarter Fourth Quarter 2016: Total revenues $ 247,010 $ 242,095 $ 244,686 $ 244,346 Income from operations 22,432 25,371 33,090 29,874 Income before provision for income taxes 9,455 12,707 20,007 16,861 Net income 5,574 7,503 11,665 12,430 Basic net income per common share (1) 0.16 0.21 0.33 0.35 Diluted net income per common share (1) 0.16 0.21 0.33 0.35 First Quarter Second Quarter Third Quarter Fourth Quarter 2015: Total revenues $ 227,410 $ 262,360 $ 276,853 $ 273,208 Income from operations 23,332 32,962 38,472 33,477 Income before provision for income taxes 10,241 19,441 25,492 20,502 Net income 6,086 11,480 14,772 11,967 Basic net income per common share (1) 0.17 0.33 0.42 0.34 Diluted net income per common share (1) 0.17 0.33 0.42 0.34 (1) Because of the method used in calculating per share data, the summation of quarterly per share data may not necessarily total to the per share data computed for the entire year due to rounding.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Information	(17) Segment Information We have identified five reportable segments: equipment rentals, new equipment sales, used equipment sales, parts sales and service revenues. These segments are based upon how management of the Company allocates resources and assesses performance. Non-segmented revenues and non-segmented costs relate to equipment support activities including transportation, hauling, parts freight and damage-waiver charges and are not allocated to the other reportable segments. There were no sales between segments for any of the periods presented. Selling, general, and administrative expenses as well as all other income and expense items below gross profit are not generally allocated to our reportable segments. We do not compile discrete financial information by our segments other than the information presented below. The following table presents information about our reportable segments (amounts in thousands): Years Ended December 31, 2016 2015 2014 Segment Revenues: Equipment rentals $ 445,227 $ 443,024 $ 404,110 New equipment sales 196,688 238,172 328,036 Used equipment sales 96,910 118,338 123,173 Parts sales 109,147 111,133 113,732 Services revenues 64,673 63,954 61,292 Total segmented revenues 912,645 974,621 1,030,343 Non-Segmented revenues 65,492 65,210 60,069 Total revenues $ 978,137 $ 1,039,831 $ 1,090,412 Segment Gross Profit: Equipment rentals $ 211,118 $ 208,985 $ 196,139 New equipment sales 21,132 25,937 38,510 Used equipment sales 30,172 37,000 38,237 Parts sales 30,181 30,303 32,626 Services revenues 42,834 42,261 39,785 Total gross profit from segmented revenues 335,437 344,486 345,297 Non-Segmented gross profit 174 1,246 2,641 Total gross profit $ 335,611 $ 345,732 $ 347,938 December 31, 2016 2015 Segment identified assets: Equipment sales $ 37,912 $ 77,365 Equipment rentals 893,816 893,393 Parts and service 15,997 19,453 Total segment identified assets 947,725 990,211 Non-Segmented identified assets 293,886 309,300 Total assets $ 1,241,611 $ 1,299,511 The Company operates primarily in the United States and our sales to international customers for the years ended December 31, 2016, 2015 and 2014 were 0.4%, 0.6% and 0.3%, respectively, of total revenues for the periods presented. No one customer accounted for more than 10% of our revenues on an overall or segmented basis for any of the periods presented.

Consolidating Financial Informa

Consolidating Financial Information of Guarantor Subsidiaries	12 Months Ended
	Dec. 31, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Consolidating Financial Information of Guarantor Subsidiaries	(18) Consolidating Financial Information of Guarantor Subsidiaries All of the indebtedness of H&E Equipment Services, Inc. is guaranteed by GNE Investments, Inc. and its wholly-owned subsidiary Great Northern Equipment, Inc., H&E Equipment Services (California), LLC, H&E California Holding, Inc., H&E Equipment Services (Mid-Atlantic), Inc. and H&E Finance Corp. The guarantor subsidiaries are all wholly-owned and the guarantees, made on a joint and several basis, are full and unconditional (subject to subordination provisions and subject to a standard limitation which provides that the maximum amount guaranteed by each guarantor will not exceed the maximum amount that can be guaranteed without making the guarantee void under fraudulent conveyance laws). There are no restrictions on H&E Equipment Services, Inc.’s ability to obtain funds from the guarantor subsidiaries by dividend or loan. The consolidating financial statements of H&E Equipment Services, Inc. and its subsidiaries are included below. The financial statements for H&E Finance Corp. are not included within the consolidating financial statements because H&E Finance Corp. has no assets or operations. CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2016 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Assets: Cash $ 7,683 $ — $ — $ 7,683 Receivables, net 112,758 27,279 — 140,037 Inventories, net 49,509 4,400 — 53,909 Prepaid expenses and other assets 7,343 170 — 7,513 Rental equipment, net 743,759 150,057 — 893,816 Property and equipment, net 93,866 11,626 — 105,492 Deferred financing costs, net 1,964 — — 1,964 Investment in guarantor subsidiaries 220,209 — (220,209 ) — Goodwill 1,671 29,526 — 31,197 Total assets $ 1,238,762 $ 223,058 $ (220,209 ) $ 1,241,611 Liabilities and Stockholders’ Equity: Amount due on senior secured credit facility $ 162,642 $ — $ — $ 162,642 Accounts payable 36,188 3,244 — 39,432 Manufacturer flooring plans payable 30,899 (119 ) — 30,780 Accrued expenses payable and other liabilities 58,774 (1,941 ) — 56,833 Dividends payable 106 (39 ) — 67 Senior unsecured notes 627,711 — — 627,711 Capital leases payable — 1,704 — 1,704 Deferred income taxes 177,835 — — 177,835 Deferred compensation payable 1,842 — — 1,842 Total liabilities 1,095,997 2,849 — 1,098,846 Stockholders’ equity 142,765 220,209 (220,209 ) 142,765 Total liabilities and stockholders’ equity $ 1,238,762 $ 223,058 $ (220,209 ) $ 1,241,611 CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2015 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Assets: Cash $ 7,159 $ — $ — $ 7,159 Receivables, net 124,157 23,171 — 147,328 Inventories, net 88,831 7,987 — 96,818 Prepaid expenses and other assets 9,909 145 — 10,054 Rental equipment, net 750,773 142,620 — 893,393 Property and equipment, net 99,342 11,443 — 110,785 Deferred financing costs, net 2,777 — — 2,777 Investment in guarantor subsidiaries 211,542 — (211,542 ) — Goodwill 1,671 29,526 — 31,197 Total assets $ 1,296,161 $ 214,892 $ (211,542 ) $ 1,299,511 Liabilities and Stockholders’ Equity: Amount due on senior secured credit facility $ 184,857 $ — $ — $ 184,857 Accounts payable 63,959 2,818 — 66,777 Manufacturer flooring plans payable 62,433 — — 62,433 Accrued expenses payable and other liabilities 56,896 (1,345 ) — 55,551 Dividends payable 62 (30 ) — 32 Senior unsecured notes 627,306 — — 627,306 Capital leases payable — 1,907 — 1,907 Deferred income taxes 155,886 — — 155,886 Deferred compensation payable 2,174 — — 2,174 Total liabilities 1,153,573 3,350 — 1,156,923 Stockholders’ equity 142,588 211,542 (211,542 ) 142,588 Total liabilities and stockholders’ equity $ 1,296,161 $ 214,892 $ (211,542 ) $ 1,299,511 CONDENSED CONSOLIDATING STATEMENT OF INCOME Year Ended December 31, 2016 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Revenues: Equipment rentals $ 364,654 $ 80,573 $ — $ 445,227 New equipment sales 158,291 38,397 — 196,688 Used equipment sales 78,956 17,954 — 96,910 Parts sales 95,105 14,042 — 109,147 Services revenues 55,391 9,282 — 64,673 Other 53,276 12,216 — 65,492 Total revenues 805,673 172,464 — 978,137 Cost of revenues: Rental depreciation 134,484 27,931 — 162,415 Rental expense 59,263 12,431 — 71,694 New equipment sales 140,948 34,608 — 175,556 Used equipment sales 55,075 11,663 — 66,738 Parts sales 68,999 9,967 — 78,966 Services revenues 18,963 2,876 — 21,839 Other 52,861 12,457 — 65,318 Total cost of revenues 530,593 111,933 — 642,526 Gross profit (loss): Equipment rentals 170,907 40,211 — 211,118 New equipment sales 17,343 3,789 — 21,132 Used equipment sales 23,881 6,291 — 30,172 Parts sales 26,106 4,075 — 30,181 Services revenues 36,428 6,406 — 42,834 Other 415 (241 ) — 174 Gross profit 275,080 60,531 — 335,611 Selling, general and administrative expenses 187,369 40,760 — 228,129 Equity in earnings of guarantor subsidiaries 11,416 — (11,416 ) — Gain from sales of property and equipment, net 2,789 496 — 3,285 Income from operations 101,916 20,267 (11,416 ) 110,767 Other income (expense): Interest expense (44,503 ) (9,101 ) — (53,604 ) Other, net 1,617 250 — 1,867 Total other expense, net (42,886 ) (8,851 ) — (51,737 ) Income before provision for income taxes 59,030 11,416 (11,416 ) 59,030 Provision for income taxes 21,858 — — 21,858 Net income $ 37,172 $ 11,416 $ (11,416 ) $ 37,172 CONDENSED CONSOLIDATING STATEMENT OF INCOME Year Ended December 31, 2015 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Revenues: Equipment rentals $ 366,160 $ 76,864 $ — $ 443,024 New equipment sales 213,476 24,696 — 238,172 Used equipment sales 96,114 22,224 — 118,338 Parts sales 96,743 14,390 — 111,133 Services revenues 54,483 9,471 — 63,954 Other 53,051 12,159 — 65,210 Total revenues 880,027 159,804 — 1,039,831 Cost of revenues: Rental depreciation 135,511 26,578 — 162,089 Rental expense 59,384 12,566 — 71,950 New equipment sales 190,013 22,222 — 212,235 Used equipment sales 66,888 14,450 — 81,338 Parts sales 70,555 10,275 — 80,830 Services revenues 18,689 3,004 — 21,693 Other 51,763 12,201 — 63,964 Total cost of revenues 592,803 101,296 — 694,099 Gross profit (loss): Equipment rentals 171,265 37,720 — 208,985 New equipment sales 23,463 2,474 — 25,937 Used equipment sales 29,226 7,774 — 37,000 Parts sales 26,188 4,115 — 30,303 Services revenues 35,794 6,467 — 42,261 Other 1,288 (42 ) — 1,246 Gross profit 287,224 58,508 — 345,732 Selling, general and administrative expenses 183,235 36,991 — 220,226 Equity in earnings of guarantor subsidiaries 8,428 — (8,428 ) — Gain from sales of property and equipment, net 2,255 482 — 2,737 Income from operations 114,672 21,999 (8,428 ) 128,243 Other income (expense): Interest expense (40,303 ) (13,727 ) — (54,030 ) Other, net 1,307 156 — 1,463 Total other expense, net (38,996 ) (13,571 ) — (52,567 ) Income before provision for income taxes 75,676 8,428 (8,428 ) 75,676 Provision for income taxes 31,371 — — 31,371 Net income $ 44,305 $ 8,428 $ (8,428 ) $ 44,305 CONDENSED CONSOLIDATING STATEMENT OF INCOME Year Ended December 31, 2014 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Revenues: Equipment rentals $ 338,708 $ 65,402 $ — $ 404,110 New equipment sales 278,869 49,167 — 328,036 Used equipment sales 99,864 23,309 — 123,173 Parts sales 99,013 14,719 — 113,732 Services revenues 52,227 9,065 — 61,292 Other 49,510 10,559 — 60,069 Total revenues 918,191 172,221 — 1,090,412 Cost of revenues: Rental depreciation 122,763 23,292 — 146,055 Rental expense 50,832 11,084 — 61,916 New equipment sales 245,423 44,103 — 289,526 Used equipment sales 68,739 16,197 — 84,936 Parts sales 70,769 10,337 — 81,106 Services revenues 18,231 3,276 — 21,507 Other 46,851 10,577 — 57,428 Total cost of revenues 623,608 118,866 — 742,474 Gross profit (loss): Equipment rentals 165,113 31,026 — 196,139 New equipment sales 33,446 5,064 — 38,510 Used equipment sales 31,125 7,112 — 38,237 Parts sales 28,244 4,382 — 32,626 Services revenues 33,996 5,789 — 39,785 Other 2,659 (18 ) — 2,641 Gross profit 294,583 53,355 — 347,938 Selling, general and administrative expenses 170,449 36,031 — 206,480 Equity in earnings of guarantor subsidiaries 5,711 — (5,711 ) — Gain from sales of property and equipment, net 1,870 416 — 2,286 Income from operations 131,715 17,740 (5,711 ) 143,744 Other income (expense): Interest expense (40,147 ) (12,206 ) — (52,353 ) Other, net 1,116 177 — 1,293 Total other expense, net (39,031 ) (12,029 ) — (51,060 ) Income before provision for income taxes 92,684 5,711 (5,711 ) 92,684 Provision for income taxes 37,545 — — 37,545 Net income $ 55,139 $ 5,711 $ (5,711 ) $ 55,139 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Year Ended December 31, 2016 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Cash flows from operating activities: Net income $ 37,172 $ 11,416 $ (11,416 ) $ 37,172 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization on property and equipment 24,194 3,088 — 27,282 Depreciation on rental equipment 134,484 27,931 — 162,415 Amortization of deferred financing costs 1,052 — — 1,052 Accretion of note discount, net of premium amortization 168 — — 168 Provision for losses on accounts receivable 2,616 521 — 3,137 Provision for inventory obsolescence 127 — — 127 Provision for deferred income taxes 21,578 — — 21,578 Stock-based compensation expense 3,037 — — 3,037 Gain from sales of property and equipment, net (2,789 ) (496 ) — (3,285 ) Gain from sales of rental equipment, net (22,780 ) (6,223 ) — (29,003 ) Equity in earnings of guarantor subsidiaries (11,416 ) — 11,416 — Changes in operating assets and liabilities: Receivables 8,783 (4,629 ) — 4,154 Inventories 5,785 (1,518 ) — 4,267 Prepaid expenses and other assets 2,566 (25 ) — 2,541 Accounts payable (27,771 ) 426 — (27,345 ) Manufacturer flooring plans payable (31,534 ) (119 ) — (31,653 ) Accrued expenses payable and other liabilities 2,263 (596 ) — 1,667 Deferred compensation payable (332 ) — — (332 ) Net cash provided by operating activities 147,203 29,776 — 176,979 Cash flows from investing activities: Purchases of property and equipment (19,505 ) (3,390 ) — (22,895 ) Purchases of rental equipment (138,562 ) (41,147 ) — (179,709 ) Proceeds from sales of property and equipment 3,190 615 — 3,805 Proceeds from sales of rental equipment 67,282 17,107 — 84,389 Investment in subsidiaries 2,749 — (2,749 ) — Net cash used in investing activities (84,846 ) (26,815 ) (2,749 ) (114,410 ) Cash flows from financing activities: Purchases of treasury stock (561 ) — — (561 ) Borrowings on senior secured credit facility 966,146 — — 966,146 Payments on senior secured credit facility (988,361 ) — — (988,361 ) Dividends paid (39,057 ) (9 ) — (39,066 ) Payments of capital lease obligations — (203 ) — (203 ) Capital contributions — (2,749 ) 2,749 — Net cash used in financing activities (61,833 ) (2,961 ) 2,749 (62,045 ) Net decrease in cash 524 — — 524 Cash, beginning of year 7,159 — — 7,159 Cash, end of year $ 7,683 $ — $ — $ 7,683 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Year Ended December 31, 2015 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Cash flows from operating activities: Net income $ 44,305 $ 8,428 $ (8,428 ) $ 44,305 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization on property and equipment 21,443 2,925 — 24,368 Depreciation on rental equipment 135,511 26,578 — 162,089 Amortization of deferred financing costs 1,036 — — 1,036 Accretion of note discount, net of premium amortization 168 — — 168 Provision for losses on accounts receivable 3,223 218 — 3,441 Provision for inventory obsolescence 295 — — 295 Provision for deferred income taxes 30,651 — — 30,651 Stock-based compensation expense 2,655 — — 2,655 Gain from sales of property and equipment, net (2,255 ) (482 ) — (2,737 ) Gain from sales of rental equipment, net (27,732 ) (7,402 ) — (35,134 ) Equity in earnings of guarantor subsidiaries (8,428 ) — 8,428 — Changes in operating assets and liabilities: Receivables 9,817 3,749 — 13,566 Inventories (12,168 ) (2,349 ) — (14,517 ) Prepaid expenses and other assets (882 ) (26 ) — (908 ) Accounts payable 13,298 138 — 13,436 Manufacturer flooring plans payable (31,167 ) — — (31,167 ) Accrued expenses payable and other liabilities (4,604 ) (391 ) — (4,995 ) Deferred compensation payable 68 — — 68 Net cash provided by operating activities 175,234 31,386 — 206,620 Cash flows from investing activities: Purchases of property and equipment (23,989 ) (2,808 ) — (26,797 ) Purchases of rental equipment (143,840 ) (34,932 ) — (178,772 ) Proceeds from sales of property and equipment 3,738 551 — 4,289 Proceeds from sales of rental equipment 80,093 19,428 — 99,521 Investment in subsidiaries 13,426 — (13,426 ) — Net cash used in investing activities (70,572 ) (17,761 ) (13,426 ) (101,759 ) Cash flows from financing activities: Purchases of treasury stock (470 ) — — (470 ) Borrowing on senior secured credit facility 982,961 — — 982,961 Payments on senior secured credit facility (1,058,023 ) — — (1,058,023 ) Payments of deferred financing cost (725 ) — — (725 ) Dividends paid (37,107 ) (7 ) — (37,114 ) Payments of capital lease obligations — (192 ) — (192 ) Capital contributions — (13,426 ) 13,426 - Net cash used in financing activities (113,364 ) (13,625 ) 13,426 (113,563 ) Net decrease in cash (8,702 ) — — (8,702 ) Cash, beginning of year 15,861 — — 15,861 Cash, end of year $ 7,159 $ — $ — $ 7,159 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Year Ended December 31, 2014 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Cash flows from operating activities: Net income $ 55,139 $ 5,711 $ (5,711 ) $ 55,139 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization on property and equipment 18,025 2,434 — 20,459 Depreciation on rental equipment 122,763 23,292 — 146,055 Amortization of deferred financing costs 934 — — 934 Accretion of note discount, net of premium amortization 168 — — 168 Provision for losses on accounts receivable 2,428 431 — 2,859 Provision for inventory obsolescence 159 — — 159 Provision for deferred income taxes 36,795 — — 36,795 Stock-based compensation expense 2,598 — — 2,598 Gain from sales of property and equipment, net (1,870 ) (416 ) — (2,286 ) Gain from sales of rental equipment, net (28,750 ) (7,019 ) — (35,769 ) Equity in earnings of guarantor subsidiaries (5,711 ) — 5,711 — Changes in operating assets and liabilities: Receivables (25,100 ) (10,124 ) — (35,224 ) Inventories (61,693 ) (5,030 ) — (66,723 ) Prepaid expenses and other assets (3,174 ) 52 — (3,122 ) Accounts payable (10,126 ) (4,312 ) — (14,438 ) Manufacturer flooring plans payable 44,538 — — 44,538 Accrued expenses payable and other liabilities 7,437 (1,327 ) — 6,110 Deferred compensation payable 66 — — 66 Net cash provided by operating activities 154,626 (3,692 ) — 158,318 Cash flows from investing activities: Purchases of property and equipment (30,849 ) (2,386 ) — (33,235 ) Purchases of rental equipment (299,387 ) (69,104 ) — (368,491 ) Proceeds from sales of property and equipment 2,241 1,416 — 3,657 Proceeds from sales of rental equipment 79,991 21,435 — 101,426 Investment in subsidiaries (45,126 ) — 45,126 — Net cash used in investing activities (293,130 ) (48,639 ) 45,126 (296,643 ) Cash flows from financing activities: Purchases of treasury stock (1,467 ) — — (1,467 ) Borrowing on senior secured credit facility 1,235,630 — — 1,235,630 Payments on senior secured credit facility (1,078,171 ) — — (1,078,171 ) Payments of deferred financing cost (909 ) — — (909 ) Dividends paid (18,325 ) — — (18,325 ) Payments of capital lease obligations — (179 ) — (179 ) Capital contributions — 45,126 (45,126 ) — Net cash provided by financing activities 136,758 44,947 (45,126 ) 136,579 Net decrease in cash (1,746 ) — — (1,746 ) Cash, beginning of year 17,607 — — 17,607 Cash, end of year $ 15,861 $ — $ — $ 15,861

Validation And Qualifying Accou

Validation And Qualifying Accounts	12 Months Ended
	Dec. 31, 2016
Valuation And Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	SCHEDULE II: VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS ENDED DECEMBER 31, 2016, 2015 AND 2014 Description Balance at Beginning of Year Additions Charged to Costs and Expenses Recoveries (Deductions) Balance at End of Year Year Ended December 31, 2016 Allowance for doubtful accounts receivable $ 4,729 $ 3,137 $ (4,097 ) $ 3,769 Allowance for inventory obsolescence 934 127 (161 ) 900 $ 5,663 $ 3,264 $ (4,258 ) $ 4,669 Year Ended December 31, 2015 Allowance for doubtful accounts receivable $ 3,288 $ 3,441 $ (2,000 ) $ 4,729 Allowance for inventory obsolescence 647 295 (8 ) 934 $ 3,935 $ 3,736 $ (2,008 ) $ 5,663 Year Ended December 31, 2014 Allowance for doubtful accounts receivable $ 3,651 $ 2,859 $ (3,222 ) $ 3,288 Allowance for inventory obsolescence 647 159 (159 ) 647 $ 4,298 $ 3,018 $ (3,381 ) $ 3,935

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation Our consolidated financial statements include the financial position and results of operations of H&E Equipment Services, Inc. and its wholly-owned subsidiaries H&E Finance Corp., GNE Investments, Inc., Great Northern Equipment, Inc., H&E California Holding, Inc., H&E Equipment Services (California), LLC and H&E Equipment Services (Mid-Atlantic), Inc., collectively referred to herein as “we” or “us” or “our” or the “Company.” All significant intercompany accounts and transactions have been eliminated in these consolidated financial statements. Business combinations are included in the consolidated financial statements from their respective dates of acquisition. The nature of our business is such that short-term obligations are typically met by cash flows generated from long-term assets. Consequently, and consistent with industry practice, the accompanying consolidated balance sheets are presented on an unclassified basis.
Use of Estimates	Use of Estimates 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.
Revenue Recognition	Revenue Recognition Pursuant to Staff Accounting Bulletin No. 104 (“SAB 104”), the SEC Staff believes that revenue generally is realized or realizable and earned when all of the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred or services have been rendered; (3) the seller’s price to the buyer is fixed or determinable; and (4) collectibility is reasonably assured. Consistent with SAB 104, our policy recognizes revenue from equipment rentals in the period earned on a straight-line basis, over the contract term, regardless of the timing of the billing to customers. A rental contract term can be daily, weekly or monthly. Because the term of the contracts can extend across multiple financial reporting periods, we record unbilled rental revenue and deferred revenue at the end of reporting periods so that rental revenues earned are appropriately stated in the periods presented. Revenue from the sale of new and used equipment and parts is recognized at the time of delivery to, or pick-up by, the customer and when all obligations under the sales contract have been fulfilled, risk of ownership has been transferred and collectibility is reasonably assured. Services revenue is recognized at the time the services are rendered. Other revenues consist primarily of billings to customers for rental equipment delivery and damage waiver charges and are recognized at the time an invoice is generated and after the service has been provided. See also the “Recent Accounting Pronouncements” on page 46 for new accounting guidance related to revenue from contracts with customers.
Inventories	Inventories New and used equipment inventories are stated at the lower of cost or market, with cost determined by specific-identification. Inventories of parts and supplies are stated at the lower of the average cost or market. See also the “Recent Accounting Pronouncements” on page 47 for new accounting guidance related to measurement of inventories.
Long-lived Assets and Goodwill	Long-lived Assets and Goodwill Rental Equipment The rental equipment we purchase is stated at cost and is depreciated over the estimated useful lives of the equipment using the straight-line method. Estimated useful lives vary based upon type of equipment. Generally, we depreciate cranes and aerial work platforms over a ten year estimated useful life, earthmoving equipment over a five year estimated useful life with a 25% salvage value, and industrial lift trucks over a seven year estimated useful life. Attachments and other smaller type equipment are depreciated generally over a three year estimated useful life. We periodically evaluate the appropriateness of remaining depreciable lives and any salvage value assigned to rental equipment. Ordinary repair and maintenance costs and property taxes are charged to operations as incurred. However, expenditures for additions or improvements that significantly extend the useful life of the asset are capitalized in the period incurred. When rental equipment is sold or disposed of, the related cost and accumulated depreciation are removed from the respective accounts and any gains or losses are included in income. We receive individual offers for fleet on a continual basis, at which time we perform an analysis on whether or not to accept the offer. The rental equipment is not transferred to inventory under the held for sale model as the equipment is used to generate revenues until the equipment is sold. Property and Equipment Property and equipment are recorded at cost and are depreciated over the assets’ estimated useful lives using the straight-line method. Ordinary repair and maintenance costs are charged to operations as incurred. However, expenditures for additions or improvements that significantly extend the useful life of the asset are capitalized in the period incurred. At the time assets are sold or disposed of, the cost and accumulated depreciation are removed from their respective accounts and the related gains or losses are reflected in income. We capitalize interest on qualified construction projects. Costs associated with internally developed software are accounted for in accordance with FASB ASC 350-40, Internal-Use Software We periodically evaluate the appropriateness of remaining depreciable lives assigned to property and equipment. Leasehold improvements are amortized using the straight-line method over their estimated useful lives or the remaining term of the lease, whichever is shorter. Generally, we assign the following estimated useful lives to these categories: Category Estimated Useful Life Transportation equipment 5 years Buildings 39 years Office equipment 5 years Computer equipment 3 years Machinery and equipment 7 years In accordance with ASC 360, Property, Plant and Equipment Goodwill We have made acquisitions in the past that included the recognition of goodwill, which was determined based upon previous accounting principles. Pursuant to ASC 350, Intangibles-Goodwill and Other We evaluate goodwill for impairment at least annually, or more frequently if triggering events occur or other impairment indicators arise which might impair recoverability. Impairment of goodwill is evaluated at the reporting unit level. A reporting unit is defined as an operating segment (i.e. before aggregation or combination), or one level below an operating segment (i.e. a component). A component of an operating segment is a reporting unit if the component constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that component. We have identified two components within our Rental operating segment and have determined that each of our other operating segments (New, Used, Parts and Service) represent a reporting unit, resulting in six total reporting units. ASC 350 allows entities to first use a qualitative approach to test goodwill for impairment. ASC 350 permits an entity to first perform a qualitative assessment to determine whether it is more likely than not (a likelihood of greater than 50%) that the fair value of a reporting unit is less than its carrying value. If it is concluded that this is the case, the currently prescribed two-step goodwill test must be performed. Otherwise, the two-step goodwill impairment test is not required. Considerable judgment is required by management in using the qualitative approach under ASC 350 to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. ASC 350 suggests that a qualitative assessment may become less relevant over time. In other words, the longer it has been since the last quantitative assessment, the more difficult it could be for a company to conclude that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount. Given the length of time since the prior determination of our reporting units’ fair values, we did not perform a qualitative assessment as of October 1, 2016, but proceeded to Step 1 of the test and determined that the fair values of the goodwill reporting units exceeded their respective carrying values and, therefore, Step 2 of the goodwill test was not required, as there was no goodwill impairment at October 1, 2016. During fiscal years 2014 and 2015, we performed, as of October 1 of each year, a qualitative assessment and determined that it is more likely than not that the fair value of each of our reporting units is not less than its carrying value and, therefore, did not perform the prescribed two-step goodwill impairment test. We considered various factors in performing the qualitative test, including macroeconomic conditions, industry and market considerations, the overall financial performance of our reporting units, the Company’s stock price and the excess amount or “cushion” between our reporting unit’s fair value and carrying value as indicated on our most recent quantitative assessment. Based upon improving macroeconomic conditions, positive trends within our industry and market and continuing positive operating results in comparison to prior periods and our internal forecasts, as well as consideration of the cushion between the reporting unit’s fair value and carrying value from our prior quantitative analysis, we determined that it is more likely than not that the fair value of our reporting units exceeds their respective carrying values at the October 1, 2015 and 2014 valuation dates and there was no goodwill impairment at October 1, 2015 and 2014.
Closed Branch Facility Charges	Closed Branch Facility Charges We continuously monitor and identify branch facilities with revenues and operating margins that consistently fall below Company performance standards. Once identified, we continue to monitor these branches to determine if operating performance can be improved or if the performance is attributable to economic factors unique to the particular market with unfavorable long-term prospects. If necessary, branches with unfavorable long-term prospects are closed and the rental fleet and new and used equipment inventories are deployed to more profitable branches within our geographic footprint where demand is higher. We closed one branch during the year ended December 31, 2016 in a market where long-term prospects did not support continued operations. No branches were closed during 2015 or 2014. Under ASC 420, Exit or Disposal Cost Obligations
Deferred Financing Costs and Initial Purchasers' Discounts	Deferred Financing Costs and Initial Purchasers’ Discounts Deferred financing costs include legal, accounting and other direct costs incurred in connection with the issuance and amendments thereto, of the Company’s debt. These costs are amortized over the terms of the related debt using the straight-line method which approximates amortization using the effective interest method. Initial purchasers’ discount and bond premium is the differential between the price paid to an issuer for the new issue and the prices (below and above, respectively) at which the securities are initially offered to the investing public. The amortization expense of deferred financing costs and bond premium and accretion of initial purchasers’ discounts are included in interest expense as an overall cost of the related financings. See also the “Recent Accounting Pronouncements” on page 46 related to the new accounting guidance on the presentation of debt issuance costs adopted by the Company on January 1, 2016, which required debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability, consistent with the presentation of a debt discount. The guidance in the new standard is limited to the presentation of debt issuance costs and does not affect the recognition and measurement of debt issuance costs.
Reserves for Claims	Reserves for Claims We are exposed to various claims relating to our business, including those for which we provide self-insurance. Claims for which we self-insure include: (1) workers compensation claims; (2) general liability claims by third parties for injury or property damage caused by our equipment or personnel; (3) automobile liability claims; and (4) employee health insurance claims. These types of claims may take a substantial amount of time to resolve and, accordingly, the ultimate liability associated with a particular claim, including claims incurred but not reported as of a period-end reporting date, may not be known for an extended period of time. Our methodology for developing self-insurance reserves is based on management estimates and independent third party actuarial estimates. Our estimation process considers, among other matters, the cost of known claims over time, cost inflation and incurred but not reported claims. These estimates may change based on, among other things, changes in our claim history or receipt of additional information relevant to assessing the claims. Further, these estimates may prove to be inaccurate due to factors such as adverse judicial determinations or other claim settlements at higher than estimated amounts. Accordingly, we may be required to increase or decrease our reserve levels. At December 31, 2016, our claims reserves related to workers compensation, general liability and automobile liability, which are included in “Accrued expenses and other liabilities” in our consolidated balance sheets, totaled $4.9 million and our health insurance reserves totaled $1.0 million. At December 31, 2015, our claims reserves related to workers compensation, general liability and automobile liability totaled $5.0 million and our health insurance reserves totaled $1.4 million.
Sales Taxes	Sales Taxes We impose and collect significant amounts of sales taxes concurrent with our revenue-producing transactions with customers and remit those taxes to the various governmental agencies as prescribed by the taxing jurisdictions in which we operate. We present such taxes in our consolidated statements of income on a net basis.
Advertising	Advertising Advertising costs are expensed as incurred and totaled $1.0 million, $1.8 million and $1.3 million for the years ended December 31, 2016, 2015 and 2014, respectively.
Shipping and Handling Fees and Costs	Shipping and Handling Fees and Costs Shipping and handling fees billed to customers are recorded as revenues while the related shipping and handling costs are included in other cost of revenues.
Income Taxes	Income Taxes The Company files a consolidated federal income tax return with its wholly-owned subsidiaries. The Company is a C-Corporation under the provisions of the Internal Revenue Code. We utilize the asset and liability approach to measure deferred tax assets and liabilities based on temporary differences existing at each balance sheet date using currently enacted tax rates in accordance with ASC 740. ASC 740 takes into account the differences between financial statement treatment and tax treatment of certain transactions. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rate is recognized as income or expense in the period that includes the enactment date of that rate. In accordance with ASC 740, the Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax provisions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company recognizes both interest and penalties related to uncertain tax positions in net other income (expense). Our deferred tax calculation requires management to make certain estimates about future operations. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is defined as the amount that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The FASB fair value measurement guidance established a fair value hierarchy that prioritizes the inputs used to measure fair value. The three broad levels of the fair value hierarchy are as follows: Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities Level 2 – Quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly Level 3 – Unobservable inputs for which little or no market data exists, therefore requiring a company to develop its own assumptions The carrying value of financial instruments reported in the accompanying consolidated balance sheets for cash, accounts receivable, accounts payable and accrued expenses payable and other liabilities approximate fair value due to the immediate or short-term nature or maturity of these financial instruments. The fair value of our letter of credit is based on fees currently charged for similar agreements. The carrying amounts and fair values of our other financial instruments subject to fair value disclosures as of December 31, 2016 and 2015 are presented in the table below (amounts in thousands) and have been calculated based upon market quotes and present value calculations based on market rates. December 31, 2016 Carrying Amount Fair Value Manufacturer flooring plans payable with interest computed at 4.50% (Level 3) $ 30,780 $ 26,780 Senior unsecured notes with interest computed at 7.0% (Level 1) 627,711 663,075 Capital leases payable with interest computed at 5.929% to 9.55% (Level 3) 1,704 1,164 Letter of credit (Level 3) — 155 December 31, 2015 Carrying Amount Fair Value Manufacturer flooring plans payable with interest computed at 5.25% (Level 3) $ 62,433 $ 54,710 Senior unsecured notes with interest computed at 7.0% (Level 1) 628,882 617,400 Capital leases payable with interest computed at 5.929% to 9.55% (Level 3) 1,907 1,329 Letter of credit (Level 3) — 145 During 2016 and 2015, there were no transfers of financial assets or liabilities in or out of Level 1, Level 2 or Level 3 of the fair value hierarchy.
Concentrations of Credit and Supplier Risk	Concentrations of Credit and Supplier Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of trade accounts receivable. Credit risk can be negatively impacted by adverse changes in the economy or by disruptions in the credit markets. However, we believe that credit risk with respect to trade accounts receivable is somewhat mitigated by our large number of geographically diverse customers and our credit evaluation procedures. Although generally no collateral is required, when feasible, mechanics’ liens are filed and personal guarantees are signed to protect the Company’s interests. We maintain reserves for potential losses. We record trade accounts receivables at sales value and establish specific reserves for certain customer accounts identified as known collection problems due to insolvency, disputes or other collection issues. The amounts of the specific reserves estimated by management are based on the following assumptions and variables: the customer’s financial position, age of the customer’s receivables and changes in payment schedules. In addition to the specific reserves, management establishes a non-specific allowance for doubtful accounts by applying specific percentages to the different receivable aging categories (excluding the specifically reserved accounts). The percentage applied against the aging categories increases as the accounts become further past due. The allowance for doubtful accounts is charged with the write-off of uncollectible customer accounts. We purchase a significant amount of equipment from the same manufacturers with whom we have distribution agreements. During the year ended December 31, 2016, we purchased approximately 46% from three manufacturers (Grove/Manitowoc, Komatsu, and Genie Industries (Terex)) providing our rental and sales equipment. We believe that while there are alternative sources of supply for the equipment we purchase in each of the principal product categories, termination of one or more of our relationships with any of our major suppliers of equipment could have a material adverse effect on our business, financial condition or results of operation if we were unable to obtain adequate or timely rental and sales equipment.
Income per Share	Income per Share Income per common share for the year ended December 31, 2016, 2015 and 2014 are based on the weighted average number of common shares outstanding during the period. The effects of potentially dilutive securities that are anti-dilutive are not included in the computation of dilutive income per share. We include all common shares granted under our incentive compensation plan which remain unvested (“restricted common shares”) and contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid (“participating securities”), in the number of shares outstanding in our basic and diluted EPS calculations using the two-class method. All of our restricted common shares are currently participating securities. Under the two-class method, earnings per common share are computed by dividing the sum of distributed earnings allocated to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of common shares outstanding for the period. In applying the two-class method, distributed and undistributed earnings are allocated to both common shares and restricted common shares based on the total weighted average shares outstanding during the period. The number of restricted common shares outstanding during the periods ended December 31, 2016, 2015 and 2014 were only 0.8%, 0.8% and 0.4% of total outstanding shares, respectively, and, consequently, were immaterial to the basic and diluted EPS calculations. Therefore, use of the two-class method had no impact on our basic and diluted EPS calculations as presented for the years ended December 31, 2016, 2015 and 2014. The following table sets forth the computation of basic and diluted net income per common share for the years ended December 31, (amounts in thousands, except per share amounts): 2016 2015 2014 Basic net income per share: Net income $ 37,172 $ 44,305 $ 55,139 Weighted average number of common shares outstanding 35,393 35,272 35,159 Net income per common share — basic $ 1.05 $ 1.26 $ 1.57 Diluted net income per share: Net income $ 37,172 $ 44,305 $ 55,139 Weighted average number of common shares outstanding 35,393 35,272 35,159 Effect of dilutive securities: Effect of dilutive stock options — 14 23 Effect of dilutive non-vested stock 87 57 67 Weighted average number of common shares outstanding — diluted 35,480 35,343 35,249 Net income per common share — diluted $ 1.05 $ 1.25 $ 1.56 Common shares excluded from the denominator as anti-dilutive: Stock options 4 14 — Non-vested stock 3 8 1
Stock-Based Compensation	Stock-Based Compensation We adopted our 2006 Stock-Based Incentive Compensation Plan (as amended and restated from time to time, the “Prior Stock Plan”) and over the last ten years prior to June 2016, we had been granting awards under our Prior Stock Plan. The Prior Stock Plan expired pursuant to its terms in June 2016, and the Company is no longer be able to grant equity awards under the Prior Stock Plan. At our annual meeting of stockholders in May 2016, our stockholders approved our 2016 Stock-Based Incentive Compensation Plan (the “2016 Plan” and collectively with the Prior Stock Plan, the “Stock Plans”). To the extent that awards granted under the Prior Stock Plan are forfeited or otherwise terminate for any reason whatsoever without an actual distribution or issuance of shares, the plan limit will be increased by such number of shares. The Stock Plans are administered by the Compensation Committee of our Board of Directors, which selects persons eligible to receive awards and determines the number of shares and/or options subject to each award, the terms, conditions, performance measures, if any, and other provisions of the award. Under the Stock Incentive Plan, we may offer deferred shares or restricted shares of our common stock and grant options, including both incentive stock options and nonqualified stock options, to purchase shares of our common stock. Shares available for future stock-based payment awards under our Stock Incentive Plan were 1,976,789 shares of common stock as of December 31, 2016. We account for our stock-based compensation plans using the fair value recognition provisions of Accounting Standards Codification 718, Stock Compensation Non-vested Stock From time to time, we issue shares of non-vested stock typically with vesting terms of three years. The following table summarizes our non-vested stock activity for the years ended December 31, 2016 and 2015: Number of Shares Weighted Average Grant Date Fair Value Non-vested stock at January 1, 2015 148,398 $ 27.11 Granted 291,529 $ 17.34 Vested (106,342 ) $ 22.24 Forfeited (11,230 ) $ 26.48 Non-vested stock at December 31, 2015 322,355 $ 19.90 Granted 227,532 $ 17.39 Vested (136,765 ) $ 18.88 Forfeited (12,321 ) $ 18.83 Non-vested stock at December 31, 2016 400,801 $ 18.86 As of December 31, 2016, we had unrecognized compensation expense of approximately $4.9 million related to non-vested stock award payments that we expect to be recognized over a weighted average period of 2.2 years. The following table summarizes compensation expense related to stock-based awards included in selling, general and administrative expenses in the accompanying consolidated statements of income for the years ended December 31, (amounts in thousands): 2016 2015 2014 Compensation expense $ 3,037 $ 2,655 $ 2,598 We receive a tax deduction when non-vested stock vests at a higher value than the value used to recognize compensation expense at the date of grant. In accordance with ASC 718, we are required to report excess tax benefits from the award of equity instruments as financing cash flows. Excess tax benefits will be recorded when a deduction reported for tax return purposes for an award of equity instruments exceeds the cumulative compensation cost for the instruments recognized for financial reporting purposes. As a result of certain realization requirements of ASC 718, approximately $0.9 million of excess tax benefits on stock compensation have not been recorded because those tax benefits have not yet reduced taxes payable. Equity will be increased if and when these excess tax benefits are ultimately realized. Stock Options No stock options were granted during 2016, 2015 or 2014. At December 31, 2016, we had no unrecognized compensation expense related to prior stock option awards. No stock compensation expense was recognized in 2016, 2015 or 2014 related to stock options. The following table represents stock option activity for the years ended December 31, 2016 and 2015: Number of Shares Weighted Average Exercise Price(1) Weighted Average Contractual Life In Years Outstanding options at January 1, 2015 51,000 $ 17.80 1.5 Granted — — Exercised — — Canceled, forfeited or expired — — Outstanding options at December 31, 2015 51,000 $ 17.80 0.5 Granted — — Exercised — — Canceled, forfeited or expired 46,500 $ 17.65 Outstanding options at December 31, 2016 4,500 $ 19.27 0.4 Options exercisable at December 31, 2016 4,500 $ 19.27 0.4 (1) Weighted average exercise prices shown above include a reduction of $7.00 per share to reflect the equitable adjustment to the exercise prices in connection with the declaration and payment of a special, one-time cash dividend of $7.00 per share in the third quarter of 2012. The closing price of our common stock on December 31, 2016 was $23.25. The aggregate intrinsic value of our outstanding and exercisable options at December 31, 2016 was less than $0.1 million We receive a tax deduction for stock option exercises during the period in which the options are exercised, generally for the excess of the price at which the stock is sold over the exercise price of the options.
Purchases of Company Common Stock	Purchases of Company Common Stock Purchases of our common stock are accounted for as treasury stock in the accompanying consolidated balance sheets using the cost method. Repurchased stock is included in authorized shares, but is not included in shares outstanding.
Segment Reporting	Segment Reporting We have determined in accordance with ASC 280, Segment Reporting
Recent Accounting Pronouncements	Recent Accounting Pronouncements Pronouncements Adopted in the First Quarter of 2016 In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs Interest-Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcements Deferred Financing Costs Total Assets Senior Unsecured Notes Total Liabilities Total Liabilities and Stockholders’ Equity Previously reported $ 4,353 $ 1,301,087 $ 628,882 $ 1,158,499 $ 1,301,087 Reclassification of debt issuance costs (1,576 ) (1,576 ) (1,576 ) (1,576 ) (1,576 ) Current presentation $ 2,777 $ 1,299,511 $ 627,306 $ 1,156,923 $ 1,299,511 In April 2015, the FASB issued ASU No. 2015-05, Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement In September 2015, the FASB issued ASU No. 2015-16, Business Combinations: Simplifying the Accounting for Measurement-Period Adjustments Combinations Pronouncements Not Yet Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers Revenue Recognition In July 2015, the FASB issued ASU 2015-11, Inventory: Simplifying the Measurement of Inventory In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . In March 2016, the FASB Issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In June 2016, the FASB issued ASU 2016-13, “ Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued ASU No. 2016-15, Classification of Certain Cash Receipts and Cash Payments In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Estimated Useful Lives of Property Plant and Equipment	Generally, we assign the following estimated useful lives to these categories: Category Estimated Useful Life Transportation equipment 5 years Buildings 39 years Office equipment 5 years Computer equipment 3 years Machinery and equipment 7 years
Estimated Incremental Borrowing Rates for Similar Types of Borrowing Arrangements	The carrying amounts and fair values of our other financial instruments subject to fair value disclosures as of December 31, 2016 and 2015 are presented in the table below (amounts in thousands) and have been calculated based upon market quotes and present value calculations based on market rates. December 31, 2016 Carrying Amount Fair Value Manufacturer flooring plans payable with interest computed at 4.50% (Level 3) $ 30,780 $ 26,780 Senior unsecured notes with interest computed at 7.0% (Level 1) 627,711 663,075 Capital leases payable with interest computed at 5.929% to 9.55% (Level 3) 1,704 1,164 Letter of credit (Level 3) — 155 December 31, 2015 Carrying Amount Fair Value Manufacturer flooring plans payable with interest computed at 5.25% (Level 3) $ 62,433 $ 54,710 Senior unsecured notes with interest computed at 7.0% (Level 1) 628,882 617,400 Capital leases payable with interest computed at 5.929% to 9.55% (Level 3) 1,907 1,329 Letter of credit (Level 3) — 145
Summary of Computation of Basic and Diluted Net Income Per Common Share	The following table sets forth the computation of basic and diluted net income per common share for the years ended December 31, (amounts in thousands, except per share amounts): 2016 2015 2014 Basic net income per share: Net income $ 37,172 $ 44,305 $ 55,139 Weighted average number of common shares outstanding 35,393 35,272 35,159 Net income per common share — basic $ 1.05 $ 1.26 $ 1.57 Diluted net income per share: Net income $ 37,172 $ 44,305 $ 55,139 Weighted average number of common shares outstanding 35,393 35,272 35,159 Effect of dilutive securities: Effect of dilutive stock options — 14 23 Effect of dilutive non-vested stock 87 57 67 Weighted average number of common shares outstanding — diluted 35,480 35,343 35,249 Net income per common share — diluted $ 1.05 $ 1.25 $ 1.56 Common shares excluded from the denominator as anti-dilutive: Stock options 4 14 — Non-vested stock 3 8 1
Schedule of Non-Vested Stock Activity	The following table summarizes our non-vested stock activity for the years ended December 31, 2016 and 2015: Number of Shares Weighted Average Grant Date Fair Value Non-vested stock at January 1, 2015 148,398 $ 27.11 Granted 291,529 $ 17.34 Vested (106,342 ) $ 22.24 Forfeited (11,230 ) $ 26.48 Non-vested stock at December 31, 2015 322,355 $ 19.90 Granted 227,532 $ 17.39 Vested (136,765 ) $ 18.88 Forfeited (12,321 ) $ 18.83 Non-vested stock at December 31, 2016 400,801 $ 18.86
Schedule of Compensation Expense Related to Non-Vested Stock	The following table summarizes compensation expense related to stock-based awards included in selling, general and administrative expenses in the accompanying consolidated statements of income for the years ended December 31, (amounts in thousands): 2016 2015 2014 Compensation expense $ 3,037 $ 2,655 $ 2,598
Schedule of Share Based Compensation Stock Options Activity	The following table represents stock option activity for the years ended December 31, 2016 and 2015: Number of Shares Weighted Average Exercise Price(1) Weighted Average Contractual Life In Years Outstanding options at January 1, 2015 51,000 $ 17.80 1.5 Granted — — Exercised — — Canceled, forfeited or expired — — Outstanding options at December 31, 2015 51,000 $ 17.80 0.5 Granted — — Exercised — — Canceled, forfeited or expired 46,500 $ 17.65 Outstanding options at December 31, 2016 4,500 $ 19.27 0.4 Options exercisable at December 31, 2016 4,500 $ 19.27 0.4 (1) Weighted average exercise prices shown above include a reduction of $7.00 per share to reflect the equitable adjustment to the exercise prices in connection with the declaration and payment of a special, one-time cash dividend of $7.00 per share in the third quarter of 2012.
Changes in Total Assets and Liabilities Due to Presentation of Debt Issuance Costs Guidance Adopted	As a result of adopting this guidance, total assets and total liabilities as of December 31, 2015 changed as shown below (amounts in thousands). Deferred Financing Costs Total Assets Senior Unsecured Notes Total Liabilities Total Liabilities and Stockholders’ Equity Previously reported $ 4,353 $ 1,301,087 $ 628,882 $ 1,158,499 $ 1,301,087 Reclassification of debt issuance costs (1,576 ) (1,576 ) (1,576 ) (1,576 ) (1,576 ) Current presentation $ 2,777 $ 1,299,511 $ 627,306 $ 1,156,923 $ 1,299,511

Receivables (Tables)

Receivables (Tables)	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Summary of Receivables	Receivables consisted of the following at December 31, (amounts in thousands): 2016 2015 Trade receivables $ 137,470 $ 145,418 Unbilled rental revenue 5,384 5,363 Income tax receivables 949 1,273 Other 3 3 143,806 152,057 Less allowance for doubtful accounts (3,769 ) (4,729 ) Total receivables, net $ 140,037 $ 147,328

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Summary of Inventories	Inventories consisted of the following at December 31, (amounts in thousands): 2016 2015 New equipment $ 34,451 $ 72,064 Used equipment 3,461 5,301 Parts, supplies and other 15,997 19,453 Total inventories, net $ 53,909 $ 96,818

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property Plant And Equipment [Abstract]
Summary of Net Property and Equipment	Net property and equipment consisted of the following at December 31, (amounts in thousands): 2016 2015 Land $ 7,054 $ 7,054 Transportation equipment 89,168 82,768 Building and leasehold improvements 53,967 54,094 Office and computer equipment 51,971 53,413 Machinery and equipment 15,179 14,707 Property under capital leases 3,217 3,217 Construction in progress 3,748 2,702 224,304 217,955 Less accumulated depreciation and amortization (118,812 ) (107,170 ) Total net property and equipment $ 105,492 $ 110,785

Manufacturer Flooring Plans P32

Manufacturer Flooring Plans Payable (Tables)	12 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Maturities of Manufacturer Flooring Plans Payable	Maturities (based on original financing terms) of the manufacturer flooring plans payable as of December 31, 2016 for each of the next three years ending December 31 are as follows (amounts in thousands): 2017 $ 19,954 2018 10,255 2019 571 Thereafter — Total $ 30,780

Accrued Expenses Payable and 33

Accrued Expenses Payable and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Payables And Accruals [Abstract]
Summary of Accrued Expenses Payable and Other Liabilities	Accrued expenses payable and other liabilities consisted of the following at December 31, (amounts in thousands): 2016 2015 Payroll and related liabilities $ 17,842 $ 18,250 Sales, use and property taxes 9,925 8,366 Accrued interest 15,112 15,284 Accrued insurance 4,227 4,534 Deferred revenue 5,703 5,556 Other 4,024 3,561 Total accrued expenses payable and other liabilities $ 56,833 $ 55,551

Senior Unsecured Notes (Tables)

Senior Unsecured Notes (Tables)	12 Months Ended
	Dec. 31, 2016
Unsecured Debt [Member]
Debt Instrument [Line Items]
Reconciliation of Senior Unsecured Notes to Condensed Consolidated Balance Sheets	The following table reconciles our Senior Unsecured Notes to our Consolidated Balance Sheets (amounts in thousands): Balance at December 31, 2014 $ 628,714 Accretion of discount through December 31, 2015 1,055 Amortization of note premium through December 31, 2015 (887 ) Reclass of deferred financing costs to debt discount (see footnote 2) (1,576 ) Balance at December 31, 2015 $ 627,306 Accretion of discount through December 31, 2016 1,055 Amortization of note premium through December 31, 2016 (887 ) Amortization of deferred financing costs through December 31, 2016 237 Balance at December 31, 2016 $ 627,711

Capital Lease Obligations (Tabl

Capital Lease Obligations (Tables)	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Future Minimum Capital Lease Payments	Future minimum capital lease payments, in the aggregate, existing at December 31, 2016 for each of the next five years ending December 31 and thereafter are as follows (amounts in thousands): 2017 $ 333 2018 333 2019 333 2020 333 2021 333 Thereafter 631 Total minimum lease payments 2,296 Less: amount representing interest (592 ) Present value of minimum lease payments $ 1,704

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Provision	Our income tax provision for the years ended December 31, 2016, 2015 and 2014, consists of the following (amounts in thousands): Current Deferred Total Year ended December 31, 2016: U.S. Federal $ — $ 21,516 $ 21,516 State 280 62 342 $ 280 $ 21,578 $ 21,858 Year ended December 31, 2015: U.S. Federal $ 85 $ 25,206 $ 25,291 State 634 5,446 6,080 $ 719 $ 30,652 $ 31,371 Year ended December 31, 2014: U.S. Federal $ 576 $ 30,753 $ 31,329 State 151 6,065 6,216 $ 727 $ 36,818 $ 37,545
Deferred Income Tax Assets and Liabilities	Significant components of our deferred income tax assets and liabilities as of December 31 are as follows (amounts in thousands): 2016 2015 Deferred tax assets: Accounts receivable $ 1,415 $ 1,808 Inventories 347 364 Net operating losses 25,117 25,881 AMT and tax credits 3,522 3,432 Sec 263A costs 599 1,082 Accrued liabilities 4,238 4,419 Deferred compensation 1,001 1,345 Accrued interest 533 633 Stock-based compensation 283 521 Goodwill and intangible assets 58 1,359 Other assets 414 247 37,527 41,091 Valuation allowance (207 ) — 37,320 41,091 Deferred tax liabilities: Property and equipment (213,537 ) (195,349 ) Investments (1,618 ) (1,628 ) (215,155 ) (196,977 ) Net deferred tax liabilities $ (177,835 ) $ (155,886 )
Actual Income Tax Expense (Benefit)	The reconciliation between income taxes computed using the statutory federal income tax rate of 35% to the actual income tax expense (benefit) is below for the years ended December 31 (amounts in thousands): 2016 2015 2014 Computed tax at statutory rates $ 20,660 $ 26,487 $ 32,439 Permanent items - other 904 953 1,069 State income tax, net of federal tax effect 2,115 3,892 4,046 Change in valuation allowance 207 — — Increase in uncertain tax positions 66 39 (9 ) Other - change in deferred state rate (2,094 ) — — $ 21,858 $ 31,371 $ 37,545
Amounts of Gross Unrecognized Tax Benefits	A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows (in thousands): 2016 2015 Gross unrecognized tax benefits at January 1 $ 6,035 $ 5,962 Increases in tax positions taken in prior years 26 73 Decreases in tax positions taken in prior years — — Increases in tax positions taken in current year 105 — Decreases for tax positions taken in current year — — Settlements with taxing authorities — — Lapse in statute of limitations (47 ) — Gross unrecognized tax benefits at December 31 $ 6,119 $ 6,035

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Future Minimum Operating Lease Payments	Future minimum operating lease payments existing at December 31, 2016 for each of the next five years ending December 31 and thereafter are as follows (amounts in thousands): 2017 $ 18,543 2018 19,315 2019 17,996 2020 17,561 2021 16,000 Thereafter 99,089 $ 188,504

Summarized Quarterly Financia38

Summarized Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Summary of Unaudited Quarterly Financial Results of Operations	The following is a summary of our unaudited quarterly financial results of operations for the years ended December 31, 2016 and 2015 (amounts in thousands, except per share amounts): First Quarter Second Quarter Third Quarter Fourth Quarter 2016: Total revenues $ 247,010 $ 242,095 $ 244,686 $ 244,346 Income from operations 22,432 25,371 33,090 29,874 Income before provision for income taxes 9,455 12,707 20,007 16,861 Net income 5,574 7,503 11,665 12,430 Basic net income per common share (1) 0.16 0.21 0.33 0.35 Diluted net income per common share (1) 0.16 0.21 0.33 0.35 First Quarter Second Quarter Third Quarter Fourth Quarter 2015: Total revenues $ 227,410 $ 262,360 $ 276,853 $ 273,208 Income from operations 23,332 32,962 38,472 33,477 Income before provision for income taxes 10,241 19,441 25,492 20,502 Net income 6,086 11,480 14,772 11,967 Basic net income per common share (1) 0.17 0.33 0.42 0.34 Diluted net income per common share (1) 0.17 0.33 0.42 0.34 (1) Because of the method used in calculating per share data, the summation of quarterly per share data may not necessarily total to the per share data computed for the entire year due to rounding.

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Schedule of Information about Reportable Segments	. The following table presents information about our reportable segments (amounts in thousands): Years Ended December 31, 2016 2015 2014 Segment Revenues: Equipment rentals $ 445,227 $ 443,024 $ 404,110 New equipment sales 196,688 238,172 328,036 Used equipment sales 96,910 118,338 123,173 Parts sales 109,147 111,133 113,732 Services revenues 64,673 63,954 61,292 Total segmented revenues 912,645 974,621 1,030,343 Non-Segmented revenues 65,492 65,210 60,069 Total revenues $ 978,137 $ 1,039,831 $ 1,090,412 Segment Gross Profit: Equipment rentals $ 211,118 $ 208,985 $ 196,139 New equipment sales 21,132 25,937 38,510 Used equipment sales 30,172 37,000 38,237 Parts sales 30,181 30,303 32,626 Services revenues 42,834 42,261 39,785 Total gross profit from segmented revenues 335,437 344,486 345,297 Non-Segmented gross profit 174 1,246 2,641 Total gross profit $ 335,611 $ 345,732 $ 347,938 December 31, 2016 2015 Segment identified assets: Equipment sales $ 37,912 $ 77,365 Equipment rentals 893,816 893,393 Parts and service 15,997 19,453 Total segment identified assets 947,725 990,211 Non-Segmented identified assets 293,886 309,300 Total assets $ 1,241,611 $ 1,299,511

Consolidating Financial Infor40

Consolidating Financial Information of Guarantor Subsidiaries (Tables)	12 Months Ended
	Dec. 31, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Condensed Consolidating Balance Sheet	CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2016 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Assets: Cash $ 7,683 $ — $ — $ 7,683 Receivables, net 112,758 27,279 — 140,037 Inventories, net 49,509 4,400 — 53,909 Prepaid expenses and other assets 7,343 170 — 7,513 Rental equipment, net 743,759 150,057 — 893,816 Property and equipment, net 93,866 11,626 — 105,492 Deferred financing costs, net 1,964 — — 1,964 Investment in guarantor subsidiaries 220,209 — (220,209 ) — Goodwill 1,671 29,526 — 31,197 Total assets $ 1,238,762 $ 223,058 $ (220,209 ) $ 1,241,611 Liabilities and Stockholders’ Equity: Amount due on senior secured credit facility $ 162,642 $ — $ — $ 162,642 Accounts payable 36,188 3,244 — 39,432 Manufacturer flooring plans payable 30,899 (119 ) — 30,780 Accrued expenses payable and other liabilities 58,774 (1,941 ) — 56,833 Dividends payable 106 (39 ) — 67 Senior unsecured notes 627,711 — — 627,711 Capital leases payable — 1,704 — 1,704 Deferred income taxes 177,835 — — 177,835 Deferred compensation payable 1,842 — — 1,842 Total liabilities 1,095,997 2,849 — 1,098,846 Stockholders’ equity 142,765 220,209 (220,209 ) 142,765 Total liabilities and stockholders’ equity $ 1,238,762 $ 223,058 $ (220,209 ) $ 1,241,611 CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2015 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Assets: Cash $ 7,159 $ — $ — $ 7,159 Receivables, net 124,157 23,171 — 147,328 Inventories, net 88,831 7,987 — 96,818 Prepaid expenses and other assets 9,909 145 — 10,054 Rental equipment, net 750,773 142,620 — 893,393 Property and equipment, net 99,342 11,443 — 110,785 Deferred financing costs, net 2,777 — — 2,777 Investment in guarantor subsidiaries 211,542 — (211,542 ) — Goodwill 1,671 29,526 — 31,197 Total assets $ 1,296,161 $ 214,892 $ (211,542 ) $ 1,299,511 Liabilities and Stockholders’ Equity: Amount due on senior secured credit facility $ 184,857 $ — $ — $ 184,857 Accounts payable 63,959 2,818 — 66,777 Manufacturer flooring plans payable 62,433 — — 62,433 Accrued expenses payable and other liabilities 56,896 (1,345 ) — 55,551 Dividends payable 62 (30 ) — 32 Senior unsecured notes 627,306 — — 627,306 Capital leases payable — 1,907 — 1,907 Deferred income taxes 155,886 — — 155,886 Deferred compensation payable 2,174 — — 2,174 Total liabilities 1,153,573 3,350 — 1,156,923 Stockholders’ equity 142,588 211,542 (211,542 ) 142,588 Total liabilities and stockholders’ equity $ 1,296,161 $ 214,892 $ (211,542 ) $ 1,299,511
Condensed Consolidating Statement of Income	CONDENSED CONSOLIDATING STATEMENT OF INCOME Year Ended December 31, 2016 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Revenues: Equipment rentals $ 364,654 $ 80,573 $ — $ 445,227 New equipment sales 158,291 38,397 — 196,688 Used equipment sales 78,956 17,954 — 96,910 Parts sales 95,105 14,042 — 109,147 Services revenues 55,391 9,282 — 64,673 Other 53,276 12,216 — 65,492 Total revenues 805,673 172,464 — 978,137 Cost of revenues: Rental depreciation 134,484 27,931 — 162,415 Rental expense 59,263 12,431 — 71,694 New equipment sales 140,948 34,608 — 175,556 Used equipment sales 55,075 11,663 — 66,738 Parts sales 68,999 9,967 — 78,966 Services revenues 18,963 2,876 — 21,839 Other 52,861 12,457 — 65,318 Total cost of revenues 530,593 111,933 — 642,526 Gross profit (loss): Equipment rentals 170,907 40,211 — 211,118 New equipment sales 17,343 3,789 — 21,132 Used equipment sales 23,881 6,291 — 30,172 Parts sales 26,106 4,075 — 30,181 Services revenues 36,428 6,406 — 42,834 Other 415 (241 ) — 174 Gross profit 275,080 60,531 — 335,611 Selling, general and administrative expenses 187,369 40,760 — 228,129 Equity in earnings of guarantor subsidiaries 11,416 — (11,416 ) — Gain from sales of property and equipment, net 2,789 496 — 3,285 Income from operations 101,916 20,267 (11,416 ) 110,767 Other income (expense): Interest expense (44,503 ) (9,101 ) — (53,604 ) Other, net 1,617 250 — 1,867 Total other expense, net (42,886 ) (8,851 ) — (51,737 ) Income before provision for income taxes 59,030 11,416 (11,416 ) 59,030 Provision for income taxes 21,858 — — 21,858 Net income $ 37,172 $ 11,416 $ (11,416 ) $ 37,172 CONDENSED CONSOLIDATING STATEMENT OF INCOME Year Ended December 31, 2015 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Revenues: Equipment rentals $ 366,160 $ 76,864 $ — $ 443,024 New equipment sales 213,476 24,696 — 238,172 Used equipment sales 96,114 22,224 — 118,338 Parts sales 96,743 14,390 — 111,133 Services revenues 54,483 9,471 — 63,954 Other 53,051 12,159 — 65,210 Total revenues 880,027 159,804 — 1,039,831 Cost of revenues: Rental depreciation 135,511 26,578 — 162,089 Rental expense 59,384 12,566 — 71,950 New equipment sales 190,013 22,222 — 212,235 Used equipment sales 66,888 14,450 — 81,338 Parts sales 70,555 10,275 — 80,830 Services revenues 18,689 3,004 — 21,693 Other 51,763 12,201 — 63,964 Total cost of revenues 592,803 101,296 — 694,099 Gross profit (loss): Equipment rentals 171,265 37,720 — 208,985 New equipment sales 23,463 2,474 — 25,937 Used equipment sales 29,226 7,774 — 37,000 Parts sales 26,188 4,115 — 30,303 Services revenues 35,794 6,467 — 42,261 Other 1,288 (42 ) — 1,246 Gross profit 287,224 58,508 — 345,732 Selling, general and administrative expenses 183,235 36,991 — 220,226 Equity in earnings of guarantor subsidiaries 8,428 — (8,428 ) — Gain from sales of property and equipment, net 2,255 482 — 2,737 Income from operations 114,672 21,999 (8,428 ) 128,243 Other income (expense): Interest expense (40,303 ) (13,727 ) — (54,030 ) Other, net 1,307 156 — 1,463 Total other expense, net (38,996 ) (13,571 ) — (52,567 ) Income before provision for income taxes 75,676 8,428 (8,428 ) 75,676 Provision for income taxes 31,371 — — 31,371 Net income $ 44,305 $ 8,428 $ (8,428 ) $ 44,305 CONDENSED CONSOLIDATING STATEMENT OF INCOME Year Ended December 31, 2014 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Revenues: Equipment rentals $ 338,708 $ 65,402 $ — $ 404,110 New equipment sales 278,869 49,167 — 328,036 Used equipment sales 99,864 23,309 — 123,173 Parts sales 99,013 14,719 — 113,732 Services revenues 52,227 9,065 — 61,292 Other 49,510 10,559 — 60,069 Total revenues 918,191 172,221 — 1,090,412 Cost of revenues: Rental depreciation 122,763 23,292 — 146,055 Rental expense 50,832 11,084 — 61,916 New equipment sales 245,423 44,103 — 289,526 Used equipment sales 68,739 16,197 — 84,936 Parts sales 70,769 10,337 — 81,106 Services revenues 18,231 3,276 — 21,507 Other 46,851 10,577 — 57,428 Total cost of revenues 623,608 118,866 — 742,474 Gross profit (loss): Equipment rentals 165,113 31,026 — 196,139 New equipment sales 33,446 5,064 — 38,510 Used equipment sales 31,125 7,112 — 38,237 Parts sales 28,244 4,382 — 32,626 Services revenues 33,996 5,789 — 39,785 Other 2,659 (18 ) — 2,641 Gross profit 294,583 53,355 — 347,938 Selling, general and administrative expenses 170,449 36,031 — 206,480 Equity in earnings of guarantor subsidiaries 5,711 — (5,711 ) — Gain from sales of property and equipment, net 1,870 416 — 2,286 Income from operations 131,715 17,740 (5,711 ) 143,744 Other income (expense): Interest expense (40,147 ) (12,206 ) — (52,353 ) Other, net 1,116 177 — 1,293 Total other expense, net (39,031 ) (12,029 ) — (51,060 ) Income before provision for income taxes 92,684 5,711 (5,711 ) 92,684 Provision for income taxes 37,545 — — 37,545 Net income $ 55,139 $ 5,711 $ (5,711 ) $ 55,139
Condensed Consolidating Statement of Cash Flows	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Year Ended December 31, 2016 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Cash flows from operating activities: Net income $ 37,172 $ 11,416 $ (11,416 ) $ 37,172 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization on property and equipment 24,194 3,088 — 27,282 Depreciation on rental equipment 134,484 27,931 — 162,415 Amortization of deferred financing costs 1,052 — — 1,052 Accretion of note discount, net of premium amortization 168 — — 168 Provision for losses on accounts receivable 2,616 521 — 3,137 Provision for inventory obsolescence 127 — — 127 Provision for deferred income taxes 21,578 — — 21,578 Stock-based compensation expense 3,037 — — 3,037 Gain from sales of property and equipment, net (2,789 ) (496 ) — (3,285 ) Gain from sales of rental equipment, net (22,780 ) (6,223 ) — (29,003 ) Equity in earnings of guarantor subsidiaries (11,416 ) — 11,416 — Changes in operating assets and liabilities: Receivables 8,783 (4,629 ) — 4,154 Inventories 5,785 (1,518 ) — 4,267 Prepaid expenses and other assets 2,566 (25 ) — 2,541 Accounts payable (27,771 ) 426 — (27,345 ) Manufacturer flooring plans payable (31,534 ) (119 ) — (31,653 ) Accrued expenses payable and other liabilities 2,263 (596 ) — 1,667 Deferred compensation payable (332 ) — — (332 ) Net cash provided by operating activities 147,203 29,776 — 176,979 Cash flows from investing activities: Purchases of property and equipment (19,505 ) (3,390 ) — (22,895 ) Purchases of rental equipment (138,562 ) (41,147 ) — (179,709 ) Proceeds from sales of property and equipment 3,190 615 — 3,805 Proceeds from sales of rental equipment 67,282 17,107 — 84,389 Investment in subsidiaries 2,749 — (2,749 ) — Net cash used in investing activities (84,846 ) (26,815 ) (2,749 ) (114,410 ) Cash flows from financing activities: Purchases of treasury stock (561 ) — — (561 ) Borrowings on senior secured credit facility 966,146 — — 966,146 Payments on senior secured credit facility (988,361 ) — — (988,361 ) Dividends paid (39,057 ) (9 ) — (39,066 ) Payments of capital lease obligations — (203 ) — (203 ) Capital contributions — (2,749 ) 2,749 — Net cash used in financing activities (61,833 ) (2,961 ) 2,749 (62,045 ) Net decrease in cash 524 — — 524 Cash, beginning of year 7,159 — — 7,159 Cash, end of year $ 7,683 $ — $ — $ 7,683 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Year Ended December 31, 2015 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Cash flows from operating activities: Net income $ 44,305 $ 8,428 $ (8,428 ) $ 44,305 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization on property and equipment 21,443 2,925 — 24,368 Depreciation on rental equipment 135,511 26,578 — 162,089 Amortization of deferred financing costs 1,036 — — 1,036 Accretion of note discount, net of premium amortization 168 — — 168 Provision for losses on accounts receivable 3,223 218 — 3,441 Provision for inventory obsolescence 295 — — 295 Provision for deferred income taxes 30,651 — — 30,651 Stock-based compensation expense 2,655 — — 2,655 Gain from sales of property and equipment, net (2,255 ) (482 ) — (2,737 ) Gain from sales of rental equipment, net (27,732 ) (7,402 ) — (35,134 ) Equity in earnings of guarantor subsidiaries (8,428 ) — 8,428 — Changes in operating assets and liabilities: Receivables 9,817 3,749 — 13,566 Inventories (12,168 ) (2,349 ) — (14,517 ) Prepaid expenses and other assets (882 ) (26 ) — (908 ) Accounts payable 13,298 138 — 13,436 Manufacturer flooring plans payable (31,167 ) — — (31,167 ) Accrued expenses payable and other liabilities (4,604 ) (391 ) — (4,995 ) Deferred compensation payable 68 — — 68 Net cash provided by operating activities 175,234 31,386 — 206,620 Cash flows from investing activities: Purchases of property and equipment (23,989 ) (2,808 ) — (26,797 ) Purchases of rental equipment (143,840 ) (34,932 ) — (178,772 ) Proceeds from sales of property and equipment 3,738 551 — 4,289 Proceeds from sales of rental equipment 80,093 19,428 — 99,521 Investment in subsidiaries 13,426 — (13,426 ) — Net cash used in investing activities (70,572 ) (17,761 ) (13,426 ) (101,759 ) Cash flows from financing activities: Purchases of treasury stock (470 ) — — (470 ) Borrowing on senior secured credit facility 982,961 — — 982,961 Payments on senior secured credit facility (1,058,023 ) — — (1,058,023 ) Payments of deferred financing cost (725 ) — — (725 ) Dividends paid (37,107 ) (7 ) — (37,114 ) Payments of capital lease obligations — (192 ) — (192 ) Capital contributions — (13,426 ) 13,426 - Net cash used in financing activities (113,364 ) (13,625 ) 13,426 (113,563 ) Net decrease in cash (8,702 ) — — (8,702 ) Cash, beginning of year 15,861 — — 15,861 Cash, end of year $ 7,159 $ — $ — $ 7,159 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Year Ended December 31, 2014 H&E Equipment Services Guarantor Subsidiaries Elimination Consolidated (Amounts in thousands) Cash flows from operating activities: Net income $ 55,139 $ 5,711 $ (5,711 ) $ 55,139 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization on property and equipment 18,025 2,434 — 20,459 Depreciation on rental equipment 122,763 23,292 — 146,055 Amortization of deferred financing costs 934 — — 934 Accretion of note discount, net of premium amortization 168 — — 168 Provision for losses on accounts receivable 2,428 431 — 2,859 Provision for inventory obsolescence 159 — — 159 Provision for deferred income taxes 36,795 — — 36,795 Stock-based compensation expense 2,598 — — 2,598 Gain from sales of property and equipment, net (1,870 ) (416 ) — (2,286 ) Gain from sales of rental equipment, net (28,750 ) (7,019 ) — (35,769 ) Equity in earnings of guarantor subsidiaries (5,711 ) — 5,711 — Changes in operating assets and liabilities: Receivables (25,100 ) (10,124 ) — (35,224 ) Inventories (61,693 ) (5,030 ) — (66,723 ) Prepaid expenses and other assets (3,174 ) 52 — (3,122 ) Accounts payable (10,126 ) (4,312 ) — (14,438 ) Manufacturer flooring plans payable 44,538 — — 44,538 Accrued expenses payable and other liabilities 7,437 (1,327 ) — 6,110 Deferred compensation payable 66 — — 66 Net cash provided by operating activities 154,626 (3,692 ) — 158,318 Cash flows from investing activities: Purchases of property and equipment (30,849 ) (2,386 ) — (33,235 ) Purchases of rental equipment (299,387 ) (69,104 ) — (368,491 ) Proceeds from sales of property and equipment 2,241 1,416 — 3,657 Proceeds from sales of rental equipment 79,991 21,435 — 101,426 Investment in subsidiaries (45,126 ) — 45,126 — Net cash used in investing activities (293,130 ) (48,639 ) 45,126 (296,643 ) Cash flows from financing activities: Purchases of treasury stock (1,467 ) — — (1,467 ) Borrowing on senior secured credit facility 1,235,630 — — 1,235,630 Payments on senior secured credit facility (1,078,171 ) — — (1,078,171 ) Payments of deferred financing cost (909 ) — — (909 ) Dividends paid (18,325 ) — — (18,325 ) Payments of capital lease obligations — (179 ) — (179 ) Capital contributions — 45,126 (45,126 ) — Net cash provided by financing activities 136,758 44,947 (45,126 ) 136,579 Net decrease in cash (1,746 ) — — (1,746 ) Cash, beginning of year 17,607 — — 17,607 Cash, end of year $ 15,861 $ — $ — $ 15,861

Summary of Significant Accoun41

Summary of Significant Accounting Policies - Additional Information (Detail)	Oct. 01, 2016USD ($)	Oct. 01, 2015USD ($)	Oct. 01, 2014USD ($)	Dec. 31, 2016USD ($)SegmentBranchManufacturer$ / sharesshares	Dec. 31, 2015USD ($)Branchshares	Dec. 31, 2014USD ($)Branchshares
Summary Of Significant Accounting Policy [Line Items]
Salvage value				25.00%
Impairment loss related to property and equipment				$ 0	$ 0	$ 0
Number of operating segments | Segment				6
Minimum percentage of likelihood that fair value of goodwill more than carrying value				50.00%
Goodwill impairment	$ 0	$ 0	$ 0
Number of branches closed | Branch				1	0	0
Workers' compensation, general liability and automobile liability				$ 4,900,000	$ 5,000,000
Health insurance reserves				1,000,000	1,400,000
Advertising costs				$ 1,000,000	1,800,000	$ 1,300,000
Recognized income tax provisions				50.00%
Transfer of financial assets				$ 0	0
Transfer of financial liabilities				$ 0	$ 0
No. of manufacturers | Manufacturer				3
Restricted common shares, percentage				0.80%	0.80%	0.40%
Stock-Based incentive compensation plan | shares				1,976,789
Issue of shares of non-vested period				3 years
Unrecognized compensation expense related to non-vested stock				$ 4,900,000
Expected non-vested stock recognized over a weighted-average period				2 years 2 months 12 days
Excess Tax benefit from stock compensation				$ 900,000
Stock options, granted | shares				0	0	0
Unrecognized compensation expense related to stock option awards				$ 0
Closing price of common stock | $ / shares				$ 23.25
Maximum [Member]
Summary Of Significant Accounting Policy [Line Items]
Aggregate intrinsic value of options outstanding				$ 100,000
Aggregate intrinsic value of options exercisable				$ 100,000
Lease term				12 months
Stock Options [Member]
Summary Of Significant Accounting Policy [Line Items]
Compensation expense				$ 0	$ 0	$ 0
Rental and Sales Equipment Manufacturers [Member] | Property, Plant and Equipment [Member]
Summary Of Significant Accounting Policy [Line Items]
Rental and sales equipment				46.00%
Cranes and Aerial Work Platform [Member]
Summary Of Significant Accounting Policy [Line Items]
Estimated useful life				10 years
Earthmoving Equipment [Member]
Summary Of Significant Accounting Policy [Line Items]
Estimated useful life				5 years
Industrial Lift Trucks [Member]
Summary Of Significant Accounting Policy [Line Items]
Estimated useful life				7 years
Attachments and Other Equipment [Member]
Summary Of Significant Accounting Policy [Line Items]
Estimated useful life				3 years

Summary of Significant Accoun42

Summary of Significant Accounting Policies - Estimated Useful Lives of Property Plant and Equipment (Detail)	12 Months Ended
	Dec. 31, 2016
Transportation Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Buildings [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years

Summary of Significant Accoun43

Summary of Significant Accounting Policies - Estimated Incremental Borrowing Rates for Similar Types of Borrowing Arrangements (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Manufacturer flooring plans payable with interest computed at 4.50% and 5.25%, respectively (Level 3)	$ 30,780	$ 62,433
Senior unsecured notes with interest computed at 7.0% (Level 1)	627,711	627,306	$ 628,714
Capital leases payable with interest computed at 5.929% to 9.55% (Level 3)	1,704	1,907
Letter of credit (Level 3)	7,700	7,700
Carrying Amount [Member] | Level 3 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Manufacturer flooring plans payable with interest computed at 4.50% and 5.25%, respectively (Level 3)	30,780	62,433
Capital leases payable with interest computed at 5.929% to 9.55% (Level 3)	1,704	1,907
Carrying Amount [Member] | Level 1 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Senior unsecured notes with interest computed at 7.0% (Level 1)	627,711	628,882
Fair Value [Member] | Level 3 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Manufacturer flooring plans payable with interest computed at 4.50% and 5.25%, respectively (Level 3)	26,780	54,710
Capital leases payable with interest computed at 5.929% to 9.55% (Level 3)	1,164	1,329
Letter of credit (Level 3)	155	145
Fair Value [Member] | Level 1 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Senior unsecured notes with interest computed at 7.0% (Level 1)	$ 663,075	$ 617,400

Summary of Significant Accoun44

Summary of Significant Accounting Policies - Estimated Incremental Borrowing Rates for Similar Types of Borrowing Arrangements (Parenthetical) (Detail)	Dec. 31, 2016	Dec. 31, 2015
Level 3 [Member] | Carrying Amount [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Manufacturer flooring plans payable, interest rate	4.50%	5.25%
Capital lease payable, interest rate, minimum	5.929%	5.929%
Capital lease payable interest rate, maximum	9.55%	9.55%
Level 3 [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Manufacturer flooring plans payable, interest rate	4.50%	5.25%
Capital lease payable, interest rate, minimum	5.929%	5.929%
Capital lease payable interest rate, maximum	9.55%	9.55%
Level 1 [Member] | Carrying Amount [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Senior unsecured notes, interest rate	7.00%	7.00%
Level 1 [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Senior unsecured notes, interest rate	7.00%	7.00%

Summary of Significant Accoun45

Summary of Significant Accounting Policies - Summary of Computation of Basic and Diluted Net Income Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Basic net income per share:
Net income	$ 12,430	$ 11,665	$ 7,503	$ 5,574	$ 11,967	$ 14,772	$ 11,480	$ 6,086	$ 37,172	$ 44,305	$ 55,139
Weighted average number of common shares outstanding									35,393	35,272	35,159
Net income per common share - basic	$ 0.35	$ 0.33	$ 0.21	$ 0.16	$ 0.34	$ 0.42	$ 0.33	$ 0.17	$ 1.05	$ 1.26	$ 1.57
Diluted net income per share:
Net income	$ 12,430	$ 11,665	$ 7,503	$ 5,574	$ 11,967	$ 14,772	$ 11,480	$ 6,086	$ 37,172	$ 44,305	$ 55,139
Weighted average number of common shares outstanding									35,393	35,272	35,159
Effect of dilutive securities:
Weighted average number of common shares outstanding — diluted									35,480	35,343	35,249
Net income per common share — diluted	$ 0.35	$ 0.33	$ 0.21	$ 0.16	$ 0.34	$ 0.42	$ 0.33	$ 0.17	$ 1.05	$ 1.25	$ 1.56
Stock Options [Member]
Effect of dilutive securities:
Effect of dilutive stock options and non-vested stock										14	23
Common shares excluded from the denominator as anti-dilutive:
Common shares excluded from the denominator as anti-dilutive									4	14
Non-vested restricted stock [Member]
Effect of dilutive securities:
Effect of dilutive stock options and non-vested stock									87	57	67
Common shares excluded from the denominator as anti-dilutive:
Common shares excluded from the denominator as anti-dilutive									3	8	1

Summary of Significant Accoun46

Summary of Significant Accounting Policies - Schedule of Non-Vested Stock Activity (Detail) - 2006 Stock-Based Incentive Compensation Plan [Member] - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Nonvested stock, beginning balance, Number of Shares	322,355	148,398
Granted, Number of Shares	227,532	291,529
Vested, Number of Shares	(136,765)	(106,342)
Forfeited, Number of Shares	(12,321)	(11,230)
Nonvested stock, ending balance, Number of Shares	400,801	322,355
Nonvested stock, beginning balance, Weighted Average Grant Date Fair Value	$ 19.90	$ 27.11
Granted, Weighted Average Grant Date Fair Value	17.39	17.34
Vested, Weighted Average Grant Date Fair Value	18.88	22.24
Forfeited, Weighted Average Grant Date Fair Value	18.83	26.48
Nonvested stock, ending balance, Weighted Average Grant Date Fair Value	$ 18.86	$ 19.90

Summary of Significant Accoun47

Summary of Significant Accounting Policies - Schedule of Compensation Expense Related to Non-Vested Stock (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
2006 Stock-Based Incentive Compensation Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense	$ 3,037	$ 2,655	$ 2,598

Summary of Significant Accoun48

Summary of Significant Accounting Policies - Schedule of Share Based Compensation Stock Options Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Options, Granted, Number of Shares	0	0	0
2006 Stock-Based Incentive Compensation Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Options, Outstanding, Number of Shares, Beginning Balance	51,000	51,000
Stock Options, Canceled, forfeited or expired, Number of Shares	46,500
Stock Options, Outstanding, Number of Shares, Ending Balance	4,500	51,000	51,000
Stock Options, Exercisable, Number of Shares	4,500
Stock Options, Outstanding, Weighted Average Exercise Price, Beginning Balance	$ 17.80	$ 17.80
Stock Options, Canceled, forfeited or expired, Weighted Average Exercise Price	17.65
Stock Options, Outstanding, Weighted Average Exercise Price, Ending Balance	19.27	$ 17.80	$ 17.80
Stock Options, Exercisable, Weighted Average Exercise Price	$ 19.27
Stock Options, Outstanding, Weighted Average Contractual Life In Years	4 months 24 days	6 months	1 year 6 months
Stock Options, Exercisable, Weighted Average Contractual Life In Years	4 months 24 days

Summary of Significant Accoun49

Summary of Significant Accounting Policies - Schedule of Share Based Compensation Stock Options Activity (Parenthetical) (Detail) - 2006 Stock-Based Incentive Compensation Plan [Member] - $ / shares	3 Months Ended	12 Months Ended
	Sep. 30, 2012	Dec. 31, 2012
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Reduction on weighted average exercises price		$ 7
Dividend per share paid	$ 7

Summary of Significant Accoun50

Summary of Significant Accounting Policies - Changes in Total Assets and Liabilities Due to Presentation of Debt Issuance Costs Guidance Adopted (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Deferred Financing Costs	$ 1,964	$ 2,777
Total Assets	1,241,611	1,299,511
Senior Unsecured Notes	627,711	627,306	$ 628,714
Total Liabilities	1,098,846	1,156,923
Total Liabilities and Stockholders’ Equity	$ 1,241,611	1,299,511
Previously Reported [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Deferred Financing Costs		4,353
Total Assets		1,301,087
Senior Unsecured Notes		628,882
Total Liabilities		1,158,499
Total Liabilities and Stockholders’ Equity		1,301,087
Reclassification of Debt Issuance Costs [Member] | Restatement Adjustment [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Deferred Financing Costs		(1,576)
Total Assets		(1,576)
Senior Unsecured Notes		(1,576)
Total Liabilities		(1,576)
Total Liabilities and Stockholders’ Equity		$ (1,576)

Receivables - Summary of Receiv

Receivables - Summary of Receivables (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Receivables [Abstract]
Trade receivables	$ 137,470	$ 145,418
Unbilled rental revenue	5,384	5,363
Income tax receivables	949	1,273
Other	3	3
Total receivables	143,806	152,057
Less allowance for doubtful accounts	(3,769)	(4,729)
Total receivables, net	$ 140,037	$ 147,328

Inventories - Summary of Invent

Inventories - Summary of Inventories (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Inventory [Line Items]
Total inventories, net	$ 53,909	$ 96,818
New Equipment Sales [Member]
Inventory [Line Items]
Total inventories, net	34,451	72,064
Used Equipment Sales [Member]
Inventory [Line Items]
Total inventories, net	3,461	5,301
Parts, Supplies and Other [Member]
Inventory [Line Items]
Total inventories, net	$ 15,997	$ 19,453

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Net of reserves for inventory obsolescence	$ 900	$ 934

Property and Equipment - Summar

Property and Equipment - Summary of Net Property and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 224,304	$ 217,955
Less accumulated depreciation and amortization	(118,812)	(107,170)
Total net property and equipment	105,492	110,785
Land [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	7,054	7,054
Transportation Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	89,168	82,768
Building and Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	53,967	54,094
Office and Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	51,971	53,413
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	15,179	14,707
Property under Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	3,217	3,217
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 3,748	$ 2,702

Property and Equipment - Additi

Property and Equipment - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Depreciation and amortization of property and equipment	$ 27.3	$ 24.4	$ 20.5
Computer software costs		3.8
Computer software, amortization	3.8	3.8
Office and Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Interest costs capitalized	0.6	0.6
Capitalized costs	$ 26.9	$ 26.9

Manufacturer Flooring Plans P56

Manufacturer Flooring Plans Payable - Additional Information (Detail) - Manufacturer Flooring Plans Payable [Member]	Dec. 31, 2016
Schedule Of Long Term Debt [Line Items]
Debt instrument interest rate, minimum	0.00%
Debt instrument interest rate, maximum	3.75%

Manufacturer Flooring Plans P57

Manufacturer Flooring Plans Payable - Maturities of Manufacturer Flooring Plans Payable (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Schedule Of Long Term Debt [Line Items]
Total	$ 30,780	$ 62,433
Manufacturer Flooring Plans Payable [Member]
Schedule Of Long Term Debt [Line Items]
2,017	19,954
2,018	10,255
2,019	571
Total	$ 30,780

Accrued Expenses Payable and 58

Accrued Expenses Payable and Other Liabilities - Accrued Expenses Payable and Other Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accounts Payable And Accrued Liabilities Current And Noncurrent [Abstract]
Payroll and related liabilities	$ 17,842	$ 18,250
Sales, use and property taxes	9,925	8,366
Accrued interest	15,112	15,284
Accrued insurance	4,227	4,534
Deferred revenue	5,703	5,556
Other	4,024	3,561
Total accrued expenses payable and other liabilities	$ 56,833	$ 55,551

Senior Unsecured Notes - Additi

Senior Unsecured Notes - Additional Information (Detail) - USD ($)	Feb. 04, 2013	Aug. 20, 2012	Dec. 31, 2016
Add-on Notes [Member]
Debt Instrument [Line Items]
Aggregate principal amount	$ 100,000,000
Interest rate	7.00%
Maturity date of notes			Sep. 1, 2022
Redemption price percentage as equal to principal amount of old notes to be redeemed			101.00%
Price percentage for Add-on Notes, Principal amount	108.50%
Offer to exchange notes and guarantees expiration date			Apr. 30, 2013
7% Senior Notes [Member]
Debt Instrument [Line Items]
Aggregate principal amount		$ 530,000,000
Interest rate		7.00%
Year of maturity	2,022	2,022
Principal payments due until maturity			$ 0
Maturity date of notes			Sep. 1, 2022
8 3/8% Senior Notes [Member]
Debt Instrument [Line Items]
Redemption price percentage as equal to principal amount of old notes to be redeemed			101.00%

Senior Unsecured Notes - Reconc

Senior Unsecured Notes - Reconciliation of Senior Unsecured Notes to Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Senior unsecured notes, beginning balance	$ 627,306	$ 628,714
Accretion of discount	1,055	1,055
Amortization of note premium	(887)	(887)
Reclass of deferred financing costs to debt discount		(1,576)
Amortization of deferred financing costs	1,052	1,036	$ 934
Senior unsecured notes, ending balance	627,711	$ 627,306	$ 628,714
Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Amortization of deferred financing costs	$ 237

Senior Secured Credit Facility

Senior Secured Credit Facility - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Feb. 16, 2017	Dec. 31, 2015	Feb. 05, 2015	May 21, 2014	May 20, 2014
Debt Instrument [Line Items]
Unused commitment fee margin percentage	0.375%
Payment of dividends and/or stock repurchases or redemptions	$ 75,000,000
Weighted average interest rate on the senior secured credit facility	2.90%
Outstanding letter of credit	$ 7,700,000		$ 7,700,000
Basis points added to U S prime rate	1.00%
Basis points added to LIBOR	2.00%
Subsequent Event [Member]
Debt Instrument [Line Items]
Outstanding letter of credit		$ 7,700,000
Non-vested Restricted Stock [Member]
Debt Instrument [Line Items]
Payment of special cash dividend per share previously declared by the Company	$ 7
Maximum [Member]
Debt Instrument [Line Items]
Unused commitment fee margin percentage	0.50%
Index rate plus an applicable margin Percentage	1.25%
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
LIBOR plus an applicable margin Percentage	2.25%
Maximum [Member] | Letter of Credit [Member]
Debt Instrument [Line Items]
Margin rate lowered in applicable to Letter of Credit	2.25%
Minimum [Member]
Debt Instrument [Line Items]
Unused commitment fee margin percentage	0.25%
Index rate plus an applicable margin Percentage	0.75%
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
LIBOR plus an applicable margin Percentage	1.75%
Minimum [Member] | Letter of Credit [Member]
Debt Instrument [Line Items]
Margin rate lowered in applicable to Letter of Credit	1.75%
General Electric Capital Corporation [Member] | Senior Secured Credit Facility [Member]
Debt Instrument [Line Items]
Existing credit facility with its lenders	$ 602,500,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Existing credit facility with its lenders				$ 402,500,000
Uncommitted incremental revolving capacity					$ 150,000,000	$ 130,000,000
Debt instrument maturity date description	Extends the maturity date of the Credit Facility from February 29, 2017 to May 21, 2019
Available borrowings under our senior secured credit facility	$ 432,100,000
Debt instrument prime rate plus	3.75%
Credit facility interest rate description	The interest rate on the Credit Facility was based on a 3.75% U.S. Prime Rate plus 100 basis points and LIBOR plus 200 basis points.
Revolving Credit Facility [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Available borrowings under our senior secured credit facility		$ 469,700,000
Amended and Restated Credit Agreement [Member]
Debt Instrument [Line Items]
Existing credit facility with its lenders				$ 602,500,000

Capital Lease Obligations - Add

Capital Lease Obligations - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016Lease_Agreement
Capital Lease Obligations [Line Items]
Number of capital lease obligations	2
Capital Lease Obligations One [Member]
Capital Lease Obligations [Line Items]
Capital lease obligations expiring	2,022
Capital Lease Obligations Two [Member]
Capital Lease Obligations [Line Items]
Capital lease obligations expiring	2,029

Capital Lease Obligations - Fut

Capital Lease Obligations - Future Minimum Capital Lease Payments (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Capital Leases Future Minimum Payments Net Present Value [Abstract]
2,017	$ 333
2,018	333
2,019	333
2,020	333
2,021	333
Thereafter	631
Total minimum lease payments	2,296
Less: amount representing interest	(592)
Present value of minimum lease payments	$ 1,704	$ 1,907

Income Taxes - Income Tax Provi

Income Taxes - Income Tax Provision (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
U.S. Federal, Current		$ 85	$ 576
U.S. Federal, Deferred	$ 21,516	25,206	30,753
U.S. Federal, Total	21,516	25,291	31,329
State, Current	280	634	151
State, Deferred	62	5,446	6,065
State, Total	342	6,080	6,216
Current, Total	280	719	727
Deferred, Total	21,578	30,652	36,818
Total	$ 21,858	$ 31,371	$ 37,545

Income Taxes - Deferred Income

Income Taxes - Deferred Income Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets:
Accounts receivable	$ 1,415	$ 1,808
Inventories	347	364
Net operating losses	25,117	25,881
AMT and tax credits	3,522	3,432
Sec 263A costs	599	1,082
Accrued liabilities	4,238	4,419
Deferred compensation	1,001	1,345
Accrued interest	533	633
Stock-based compensation	283	521
Goodwill and intangible assets	58	1,359
Other assets	414	247
Deferred tax assets, Total	37,527	41,091
Valuation allowance	(207)
Deferred tax assets, net of valuation allowance, Total	37,320	41,091
Deferred tax liabilities:
Property and equipment	(213,537)	(195,349)
Investments	(1,618)	(1,628)
Deferred tax liabilities, Total	(215,155)	(196,977)
Net deferred tax liabilities	$ (177,835)	$ (155,886)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible [Line Items]
Statutory federal income tax rate	35.00%
Federal net operating loss carry forwards	$ 97,000,000
Expire in varying amounts for federal net operating loss carry forwards	2029 through 2036
Federal alternative minimum tax credit carry forwards	$ 3,000,000
General business credit carry forwards	$ 300,000
Expire in varying amounts for business credit carry forwards	2026 and 2035
State income tax credits expiration date	2,018
State income tax credits carry forward	$ 200,000
State net operating loss carry forward, valuation allowance	200,000
Unrecognized tax benefits	5,900,000
Unrecognized tax benefits related to federal and state exposures decrease result of lapse in statute of limitations	47,000
Maximum [Member]
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible [Line Items]
Unrecognized tax benefits related to federal and state exposures decrease result of lapse in statute of limitations	$ 5,900,000

Income Taxes - Actual Income Ta

Income Taxes - Actual Income Tax Expense (benefit) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Computed tax at statutory rates	$ 20,660	$ 26,487	$ 32,439
Permanent items - other	904	953	1,069
State income tax, net of federal tax effect	2,115	3,892	4,046
Change in valuation allowance	207
Increase in uncertain tax positions	66	39	(9)
Other - change in deferred state rate	(2,094)
Total	$ 21,858	$ 31,371	$ 37,545

Income Taxes - Amounts of Gross

Income Taxes - Amounts of Gross Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Gross unrecognized tax benefits at January 1	$ 6,035	$ 5,962
Increases in tax positions taken in prior years	26	73
Increases in tax positions taken in current year	105
Decreases for tax positions taken in current year	0	0
Lapse in statute of limitations	(47)
Gross unrecognized tax benefits at December 31	$ 6,119	$ 6,035

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Commitments And Contingencies Disclosure [Line Items]
Rent expense on property leases and equipment leases	$ 18.3	$ 15.5	$ 13
Outstanding letter of credit	$ 7.7	$ 7.7
Letter of Credit [Member]
Commitments And Contingencies Disclosure [Line Items]
Expiration date of letter of credit	Jan. 31, 2017
Renewed letter of credit	$ 7.7
Expiration date of renewed letter of credit	2018-01
Line of credit expiry period	1 year

Commitments and Contingencies70

Commitments and Contingencies - Future Minimum Operating Lease Payments (Detail) $ in Thousands	Dec. 31, 2016USD ($)
Operating Leases Future Minimum Payments Due [Abstract]
2,017	$ 18,543
2,018	19,315
2,019	17,996
2,020	17,561
2,021	16,000
Thereafter	99,089
Total	$ 188,504

Employee Benefit Plan - Additio

Employee Benefit Plan - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Compensation And Retirement Disclosure [Abstract]
Amount of contributions in profit - sharing plan net of employee forfeitures	$ 2.1	$ 2.2	$ 1.7

Deferred Compensation Plans - A

Deferred Compensation Plans - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)CompensationPlan	Dec. 31, 2015USD ($)
Postemployment Benefits [Abstract]
Number of deferred compensation plan | CompensationPlan	1
Effective rate	3.50%
Aggregate deferred compensation payable	$ 1,842	$ 2,174
Accrued interest	$ 1,400	$ 1,600

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Perkins-McKenzie Insurance Agency Inc. [Member]
Related Party Transaction [Line Items]
Commissions paid	$ 0.9	$ 0.9	$ 0.8
John M. Engquist [Member] | Perkins-McKenzie Insurance Agency Inc. [Member]
Related Party Transaction [Line Items]
Percentage of ownership interest in equity	30.00%
John M. Engquist Mother [Member] | Perkins-McKenzie Insurance Agency Inc. [Member]
Related Party Transaction [Line Items]
Percentage of ownership interest in equity	12.00%
John M Engquist Sister [Member] | Perkins-McKenzie Insurance Agency Inc. [Member]
Related Party Transaction [Line Items]
Percentage of ownership interest in equity	6.00%
T & J partnership [Member] | John M. Engquist [Member]
Related Party Transaction [Line Items]
Percentage of ownership interest in equity	50.00%
Lease payments		0.2	0.2
T & J partnership [Member] | John M. Engquist Mother [Member]
Related Party Transaction [Line Items]
Percentage of ownership interest in equity	50.00%
B-C Equipment Sales Inc [Member] | John M. Engquist [Member]
Related Party Transaction [Line Items]
Percentage of ownership interest in equity	50.00%
Products and services purchased	$ 0.4	0.2	0.2
Sales to related party	$ 0.1	$ 0.1	$ 0.1

Summarized Quarterly Financia74

Summarized Quarterly Financial Data (Unaudited) - Summary of Unaudited Quarterly Financial Results of Operations (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Total revenues	$ 244,346	$ 244,686	$ 242,095	$ 247,010	$ 273,208	$ 276,853	$ 262,360	$ 227,410	$ 978,137	$ 1,039,831	$ 1,090,412
Income from operations	29,874	33,090	25,371	22,432	33,477	38,472	32,962	23,332	110,767	128,243	143,744
Income before provision for income taxes	16,861	20,007	12,707	9,455	20,502	25,492	19,441	10,241	59,030	75,676	92,684
Net income	$ 12,430	$ 11,665	$ 7,503	$ 5,574	$ 11,967	$ 14,772	$ 11,480	$ 6,086	$ 37,172	$ 44,305	$ 55,139
Basic net income per common share	$ 0.35	$ 0.33	$ 0.21	$ 0.16	$ 0.34	$ 0.42	$ 0.33	$ 0.17	$ 1.05	$ 1.26	$ 1.57
Diluted net income per common share	$ 0.35	$ 0.33	$ 0.21	$ 0.16	$ 0.34	$ 0.42	$ 0.33	$ 0.17	$ 1.05	$ 1.25	$ 1.56

Segment Information - Additiona

Segment Information - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016SegmentCustomer	Dec. 31, 2015Customer	Dec. 31, 2014Customer
Segment Reporting [Abstract]
Number of reportable segment | Segment	5
Sales to international customers	0.40%	0.60%	0.30%
Customer accounted for more than 10% of revenue | Customer	0	0	0

Segment Information - Informati

Segment Information - Information about Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Revenues:
Revenues	$ 244,346	$ 244,686	$ 242,095	$ 247,010	$ 273,208	$ 276,853	$ 262,360	$ 227,410	$ 978,137	$ 1,039,831	$ 1,090,412
Segment Gross Profit:
Total gross profit									335,611	345,732	347,938
Segment identified assets:
Total assets	1,241,611				1,299,511				1,241,611	1,299,511
Operating Segments [Member]
Segment Revenues:
Revenues									912,645	974,621	1,030,343
Segment Gross Profit:
Total gross profit									335,437	344,486	345,297
Segment identified assets:
Total assets	947,725				990,211				947,725	990,211
Operating Segments [Member] | Equipment Rentals [Member]
Segment Revenues:
Revenues									445,227	443,024	404,110
Segment Gross Profit:
Total gross profit									211,118	208,985	196,139
Segment identified assets:
Total assets	893,816				893,393				893,816	893,393
Operating Segments [Member] | New Equipment Sales [Member]
Segment Revenues:
Revenues									196,688	238,172	328,036
Segment Gross Profit:
Total gross profit									21,132	25,937	38,510
Operating Segments [Member] | Used Equipment Sales [Member]
Segment Revenues:
Revenues									96,910	118,338	123,173
Segment Gross Profit:
Total gross profit									30,172	37,000	38,237
Segment identified assets:
Total assets	37,912				77,365				37,912	77,365
Operating Segments [Member] | Parts Sales [Member]
Segment Revenues:
Revenues									109,147	111,133	113,732
Segment Gross Profit:
Total gross profit									30,181	30,303	32,626
Operating Segments [Member] | Services Revenues [Member]
Segment Revenues:
Revenues									64,673	63,954	61,292
Segment Gross Profit:
Total gross profit									42,834	42,261	39,785
Operating Segments [Member] | Parts and Services [Member]
Segment identified assets:
Total assets	15,997				19,453				15,997	19,453
Non-Segmented [Member]
Segment Revenues:
Revenues									65,492	65,210	60,069
Segment Gross Profit:
Total gross profit									174	1,246	$ 2,641
Segment identified assets:
Total assets	$ 293,886				$ 309,300				$ 293,886	$ 309,300

Consolidating Financial Infor77

Consolidating Financial Information of Guarantor Subsidiaries - Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets:
Cash	$ 7,683	$ 7,159	$ 15,861	$ 17,607
Receivables, net	140,037	147,328
Inventories, net	53,909	96,818
Prepaid expenses and other assets	7,513	10,054
Rental equipment, net	893,816	893,393
Property and equipment, net	105,492	110,785
Deferred Financing Costs	1,964	2,777
Goodwill	31,197	31,197
Total assets	1,241,611	1,299,511
Liabilities and Stockholders’ Equity:
Amount due on senior secured credit facility	162,642	184,857
Accounts payable	39,432	66,777
Manufacturer flooring plans payable	30,780	62,433
Accrued expenses payable and other liabilities	56,833	55,551
Dividends payable	67	32
Senior Unsecured Notes	627,711	627,306	628,714
Capital leases payable	1,704	1,907
Deferred income taxes	177,835	155,886
Deferred compensation payable	1,842	2,174
Total liabilities	1,098,846	1,156,923
Stockholders’ equity	142,765	142,588	133,367	94,812
Total liabilities and stockholders’ equity	1,241,611	1,299,511
H & E Equipment Services [Member]
Assets:
Cash	7,683	7,159	$ 15,861	$ 17,607
Receivables, net	112,758	124,157
Inventories, net	49,509	88,831
Prepaid expenses and other assets	7,343	9,909
Rental equipment, net	743,759	750,773
Property and equipment, net	93,866	99,342
Deferred Financing Costs	1,964	2,777
Investment in guarantor subsidiaries	220,209	211,542
Goodwill	1,671	1,671
Total assets	1,238,762	1,296,161
Liabilities and Stockholders’ Equity:
Amount due on senior secured credit facility	162,642	184,857
Accounts payable	36,188	63,959
Manufacturer flooring plans payable	30,899	62,433
Accrued expenses payable and other liabilities	58,774	56,896
Dividends payable	106	62
Senior Unsecured Notes	627,711	627,306
Deferred income taxes	177,835	155,886
Deferred compensation payable	1,842	2,174
Total liabilities	1,095,997	1,153,573
Stockholders’ equity	142,765	142,588
Total liabilities and stockholders’ equity	1,238,762	1,296,161
Guarantor Subsidiaries [Member]
Assets:
Receivables, net	27,279	23,171
Inventories, net	4,400	7,987
Prepaid expenses and other assets	170	145
Rental equipment, net	150,057	142,620
Property and equipment, net	11,626	11,443
Goodwill	29,526	29,526
Total assets	223,058	214,892
Liabilities and Stockholders’ Equity:
Accounts payable	3,244	2,818
Manufacturer flooring plans payable	(119)
Accrued expenses payable and other liabilities	(1,941)	(1,345)
Dividends payable	(39)	(30)
Capital leases payable	1,704	1,907
Total liabilities	2,849	3,350
Stockholders’ equity	220,209	211,542
Total liabilities and stockholders’ equity	223,058	214,892
Elimination [Member]
Assets:
Investment in guarantor subsidiaries	(220,209)	(211,542)
Total assets	(220,209)	(211,542)
Liabilities and Stockholders’ Equity:
Stockholders’ equity	(220,209)	(211,542)
Total liabilities and stockholders’ equity	$ (220,209)	$ (211,542)

Consolidating Financial Infor78

Consolidating Financial Information of Guarantor Subsidiaries - Condensed Consolidating Statement of Income (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Revenues	$ 244,346	$ 244,686	$ 242,095	$ 247,010	$ 273,208	$ 276,853	$ 262,360	$ 227,410	$ 978,137	$ 1,039,831	$ 1,090,412
Cost of revenues:
Cost of revenues									642,526	694,099	742,474
Gross profit (loss):
Gross profit									335,611	345,732	347,938
Selling, general and administrative expenses									228,129	220,226	206,480
Gain from sales of property and equipment, net									3,285	2,737	2,286
Income from operations	29,874	33,090	25,371	22,432	33,477	38,472	32,962	23,332	110,767	128,243	143,744
Other income (expense):
Interest expense									(53,604)	(54,030)	(52,353)
Other, net									1,867	1,463	1,293
Total other expense, net									(51,737)	(52,567)	(51,060)
Income before provision for income taxes	16,861	20,007	12,707	9,455	20,502	25,492	19,441	10,241	59,030	75,676	92,684
Provision for income taxes									21,858	31,371	37,545
Net income	$ 12,430	$ 11,665	$ 7,503	$ 5,574	$ 11,967	$ 14,772	$ 11,480	$ 6,086	37,172	44,305	55,139
Operating Segments [Member]
Revenues:
Revenues									912,645	974,621	1,030,343
Gross profit (loss):
Gross profit									335,437	344,486	345,297
Other [Member]
Revenues:
Revenues									65,492	65,210	60,069
Cost of revenues:
Cost of revenues									65,318	63,964	57,428
Gross profit (loss):
Gross profit									174	1,246	2,641
Elimination [Member]
Gross profit (loss):
Equity in earnings of guarantor subsidiaries									(11,416)	(8,428)	(5,711)
Income from operations									(11,416)	(8,428)	(5,711)
Other income (expense):
Income before provision for income taxes									(11,416)	(8,428)	(5,711)
Net income									(11,416)	(8,428)	(5,711)
H & E Equipment Services [Member]
Revenues:
Revenues									805,673	880,027	918,191
Cost of revenues:
Cost of revenues									530,593	592,803	623,608
Gross profit (loss):
Gross profit									275,080	287,224	294,583
Selling, general and administrative expenses									187,369	183,235	170,449
Equity in earnings of guarantor subsidiaries									11,416	8,428	5,711
Gain from sales of property and equipment, net									2,789	2,255	1,870
Income from operations									101,916	114,672	131,715
Other income (expense):
Interest expense									(44,503)	(40,303)	(40,147)
Other, net									1,617	1,307	1,116
Total other expense, net									(42,886)	(38,996)	(39,031)
Income before provision for income taxes									59,030	75,676	92,684
Provision for income taxes									21,858	31,371	37,545
Net income									37,172	44,305	55,139
H & E Equipment Services [Member] | Other [Member]
Revenues:
Revenues									53,276	53,051	49,510
Cost of revenues:
Cost of revenues									52,861	51,763	46,851
Gross profit (loss):
Gross profit									415	1,288	2,659
Guarantor Subsidiaries [Member]
Revenues:
Revenues									172,464	159,804	172,221
Cost of revenues:
Cost of revenues									111,933	101,296	118,866
Gross profit (loss):
Gross profit									60,531	58,508	53,355
Selling, general and administrative expenses									40,760	36,991	36,031
Gain from sales of property and equipment, net									496	482	416
Income from operations									20,267	21,999	17,740
Other income (expense):
Interest expense									(9,101)	(13,727)	(12,206)
Other, net									250	156	177
Total other expense, net									(8,851)	(13,571)	(12,029)
Income before provision for income taxes									11,416	8,428	5,711
Net income									11,416	8,428	5,711
Guarantor Subsidiaries [Member] | Other [Member]
Revenues:
Revenues									12,216	12,159	10,559
Cost of revenues:
Cost of revenues									12,457	12,201	10,577
Gross profit (loss):
Gross profit									(241)	(42)	(18)
Equipment Rentals [Member] | Operating Segments [Member]
Revenues:
Revenues									445,227	443,024	404,110
Gross profit (loss):
Gross profit									211,118	208,985	196,139
Equipment Rentals [Member] | Operating Segments [Member] | Rental Depreciation [Member]
Cost of revenues:
Cost of revenues									162,415	162,089	146,055
Equipment Rentals [Member] | Operating Segments [Member] | Rental Expense [Member]
Cost of revenues:
Cost of revenues									71,694	71,950	61,916
Equipment Rentals [Member] | H & E Equipment Services [Member] | Operating Segments [Member]
Revenues:
Revenues									364,654	366,160	338,708
Gross profit (loss):
Gross profit									170,907	171,265	165,113
Equipment Rentals [Member] | H & E Equipment Services [Member] | Operating Segments [Member] | Rental Depreciation [Member]
Cost of revenues:
Cost of revenues									134,484	135,511	122,763
Equipment Rentals [Member] | H & E Equipment Services [Member] | Operating Segments [Member] | Rental Expense [Member]
Cost of revenues:
Cost of revenues									59,263	59,384	50,832
Equipment Rentals [Member] | Guarantor Subsidiaries [Member] | Operating Segments [Member]
Revenues:
Revenues									80,573	76,864	65,402
Gross profit (loss):
Gross profit									40,211	37,720	31,026
Equipment Rentals [Member] | Guarantor Subsidiaries [Member] | Operating Segments [Member] | Rental Depreciation [Member]
Cost of revenues:
Cost of revenues									27,931	26,578	23,292
Equipment Rentals [Member] | Guarantor Subsidiaries [Member] | Operating Segments [Member] | Rental Expense [Member]
Cost of revenues:
Cost of revenues									12,431	12,566	11,084
New Equipment Sales [Member] | Operating Segments [Member]
Revenues:
Revenues									196,688	238,172	328,036
Cost of revenues:
Cost of revenues									175,556	212,235	289,526
Gross profit (loss):
Gross profit									21,132	25,937	38,510
New Equipment Sales [Member] | H & E Equipment Services [Member] | Operating Segments [Member]
Revenues:
Revenues									158,291	213,476	278,869
Cost of revenues:
Cost of revenues									140,948	190,013	245,423
Gross profit (loss):
Gross profit									17,343	23,463	33,446
New Equipment Sales [Member] | Guarantor Subsidiaries [Member] | Operating Segments [Member]
Revenues:
Revenues									38,397	24,696	49,167
Cost of revenues:
Cost of revenues									34,608	22,222	44,103
Gross profit (loss):
Gross profit									3,789	2,474	5,064
Used Equipment Sales [Member] | Operating Segments [Member]
Revenues:
Revenues									96,910	118,338	123,173
Cost of revenues:
Cost of revenues									66,738	81,338	84,936
Gross profit (loss):
Gross profit									30,172	37,000	38,237
Used Equipment Sales [Member] | H & E Equipment Services [Member] | Operating Segments [Member]
Revenues:
Revenues									78,956	96,114	99,864
Cost of revenues:
Cost of revenues									55,075	66,888	68,739
Gross profit (loss):
Gross profit									23,881	29,226	31,125
Used Equipment Sales [Member] | Guarantor Subsidiaries [Member] | Operating Segments [Member]
Revenues:
Revenues									17,954	22,224	23,309
Cost of revenues:
Cost of revenues									11,663	14,450	16,197
Gross profit (loss):
Gross profit									6,291	7,774	7,112
Parts Sales [Member] | Operating Segments [Member]
Revenues:
Revenues									109,147	111,133	113,732
Cost of revenues:
Cost of revenues									78,966	80,830	81,106
Gross profit (loss):
Gross profit									30,181	30,303	32,626
Parts Sales [Member] | H & E Equipment Services [Member] | Operating Segments [Member]
Revenues:
Revenues									95,105	96,743	99,013
Cost of revenues:
Cost of revenues									68,999	70,555	70,769
Gross profit (loss):
Gross profit									26,106	26,188	28,244
Parts Sales [Member] | Guarantor Subsidiaries [Member] | Operating Segments [Member]
Revenues:
Revenues									14,042	14,390	14,719
Cost of revenues:
Cost of revenues									9,967	10,275	10,337
Gross profit (loss):
Gross profit									4,075	4,115	4,382
Services Revenues [Member] | Operating Segments [Member]
Revenues:
Revenues									64,673	63,954	61,292
Cost of revenues:
Cost of revenues									21,839	21,693	21,507
Gross profit (loss):
Gross profit									42,834	42,261	39,785
Services Revenues [Member] | H & E Equipment Services [Member] | Operating Segments [Member]
Revenues:
Revenues									55,391	54,483	52,227
Cost of revenues:
Cost of revenues									18,963	18,689	18,231
Gross profit (loss):
Gross profit									36,428	35,794	33,996
Services Revenues [Member] | Guarantor Subsidiaries [Member] | Operating Segments [Member]
Revenues:
Revenues									9,282	9,471	9,065
Cost of revenues:
Cost of revenues									2,876	3,004	3,276
Gross profit (loss):
Gross profit									$ 6,406	$ 6,467	$ 5,789

Consolidating Financial Infor79

Consolidating Financial Information of Guarantor Subsidiaries - Condensed Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income	$ 12,430	$ 11,665	$ 7,503	$ 5,574	$ 11,967	$ 14,772	$ 11,480	$ 6,086	$ 37,172	$ 44,305	$ 55,139
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and equipment									27,282	24,368	20,459
Depreciation on rental equipment									162,415	162,089	146,055
Amortization of deferred financing costs									1,052	1,036	934
Accretion of note discount, net of premium amortization									168	168	168
Provision for losses on accounts receivable									3,137	3,441	2,859
Provision for inventory obsolescence									127	295	159
Provision for deferred income taxes									21,578	30,651	36,795
Stock-based compensation expense									3,037	2,655	2,598
Gain from sales of property and equipment, net									(3,285)	(2,737)	(2,286)
Gain from sales of rental equipment, net									(29,003)	(35,134)	(35,769)
Changes in operating assets and liabilities:
Receivables									4,154	13,566	(35,224)
Inventories									4,267	(14,517)	(66,723)
Prepaid expenses and other assets									2,541	(908)	(3,122)
Accounts payable									(27,345)	13,436	(14,438)
Manufacturer flooring plans payable									(31,653)	(31,167)	44,538
Accrued expenses payable and other liabilities									1,667	(4,995)	6,110
Deferred compensation payable									(332)	68	66
Net cash provided by operating activities									176,979	206,620	158,318
Cash flows from investing activities:
Purchases of property and equipment									(22,895)	(26,797)	(33,235)
Purchases of rental equipment									(179,709)	(178,772)	(368,491)
Proceeds from sales of property and equipment									3,805	4,289	3,657
Proceeds from sales of rental equipment									84,389	99,521	101,426
Net cash used in investing activities									(114,410)	(101,759)	(296,643)
Cash flows from financing activities:
Purchases of treasury stock									(561)	(470)	(1,467)
Borrowings on senior secured credit facility									966,146	982,961	1,235,630
Payments on senior secured credit facility									(988,361)	(1,058,023)	(1,078,171)
Payments of deferred financing costs										(725)	(909)
Dividend paid									(39,066)	(37,114)	(18,325)
Payments of capital lease obligations									(203)	(192)	(179)
Net cash provided by (used in) financing activities									(62,045)	(113,563)	136,579
Net increase (decrease) in cash									524	(8,702)	(1,746)
Cash, beginning of year				7,159				15,861	7,159	15,861	17,607
Cash, end of year	7,683				7,159				7,683	7,159	15,861
H & E Equipment Services [Member]
Cash flows from operating activities:
Net income									37,172	44,305	55,139
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and equipment									24,194	21,443	18,025
Depreciation on rental equipment									134,484	135,511	122,763
Amortization of deferred financing costs									1,052	1,036	934
Accretion of note discount, net of premium amortization									168	168	168
Provision for losses on accounts receivable									2,616	3,223	2,428
Provision for inventory obsolescence									127	295	159
Provision for deferred income taxes									21,578	30,651	36,795
Stock-based compensation expense									3,037	2,655	2,598
Gain from sales of property and equipment, net									(2,789)	(2,255)	(1,870)
Gain from sales of rental equipment, net									(22,780)	(27,732)	(28,750)
Equity in earnings of guarantor subsidiaries									(11,416)	(8,428)	(5,711)
Changes in operating assets and liabilities:
Receivables									8,783	9,817	(25,100)
Inventories									5,785	(12,168)	(61,693)
Prepaid expenses and other assets									2,566	(882)	(3,174)
Accounts payable									(27,771)	13,298	(10,126)
Manufacturer flooring plans payable									(31,534)	(31,167)	44,538
Accrued expenses payable and other liabilities									2,263	(4,604)	7,437
Deferred compensation payable									(332)	68	66
Net cash provided by operating activities									147,203	175,234	154,626
Cash flows from investing activities:
Purchases of property and equipment									(19,505)	(23,989)	(30,849)
Purchases of rental equipment									(138,562)	(143,840)	(299,387)
Proceeds from sales of property and equipment									3,190	3,738	2,241
Proceeds from sales of rental equipment									67,282	80,093	79,991
Investment in subsidiaries									2,749	13,426	(45,126)
Net cash used in investing activities									(84,846)	(70,572)	(293,130)
Cash flows from financing activities:
Purchases of treasury stock									(561)	(470)	(1,467)
Borrowings on senior secured credit facility									966,146	982,961	1,235,630
Payments on senior secured credit facility									(988,361)	(1,058,023)	(1,078,171)
Payments of deferred financing costs										(725)	(909)
Dividend paid									(39,057)	(37,107)	(18,325)
Net cash provided by (used in) financing activities									(61,833)	(113,364)	136,758
Net increase (decrease) in cash									524	(8,702)	(1,746)
Cash, beginning of year				$ 7,159				$ 15,861	7,159	15,861	17,607
Cash, end of year	$ 7,683				$ 7,159				7,683	7,159	15,861
Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net income									11,416	8,428	5,711
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and equipment									3,088	2,925	2,434
Depreciation on rental equipment									27,931	26,578	23,292
Provision for losses on accounts receivable									521	218	431
Gain from sales of property and equipment, net									(496)	(482)	(416)
Gain from sales of rental equipment, net									(6,223)	(7,402)	(7,019)
Changes in operating assets and liabilities:
Receivables									(4,629)	3,749	(10,124)
Inventories									(1,518)	(2,349)	(5,030)
Prepaid expenses and other assets									(25)	(26)	52
Accounts payable									426	138	(4,312)
Manufacturer flooring plans payable									(119)
Accrued expenses payable and other liabilities									(596)	(391)	(1,327)
Net cash provided by operating activities									29,776	31,386	(3,692)
Cash flows from investing activities:
Purchases of property and equipment									(3,390)	(2,808)	(2,386)
Purchases of rental equipment									(41,147)	(34,932)	(69,104)
Proceeds from sales of property and equipment									615	551	1,416
Proceeds from sales of rental equipment									17,107	19,428	21,435
Net cash used in investing activities									(26,815)	(17,761)	(48,639)
Cash flows from financing activities:
Dividend paid									(9)	(7)
Payments of capital lease obligations									(203)	(192)	(179)
Capital contributions									(2,749)	(13,426)	45,126
Net cash provided by (used in) financing activities									(2,961)	(13,625)	44,947
Elimination [Member]
Cash flows from operating activities:
Net income									(11,416)	(8,428)	(5,711)
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in earnings of guarantor subsidiaries									11,416	8,428	5,711
Cash flows from investing activities:
Investment in subsidiaries									(2,749)	(13,426)	45,126
Net cash used in investing activities									(2,749)	(13,426)	45,126
Cash flows from financing activities:
Capital contributions									2,749	13,426	(45,126)
Net cash provided by (used in) financing activities									$ 2,749	$ 13,426	$ (45,126)

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	$ 5,663	$ 3,935	$ 4,298
Additions Charged to Costs and Expenses	3,264	3,736	3,018
Recoveries (Deductions)	(4,258)	(2,008)	(3,381)
Balance at End of Year	4,669	5,663	3,935
Allowance for doubtful accounts receivable [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	4,729	3,288	3,651
Additions Charged to Costs and Expenses	3,137	3,441	2,859
Recoveries (Deductions)	(4,097)	(2,000)	(3,222)
Balance at End of Year	3,769	4,729	3,288
Allowance for inventory obsolescence [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	934	647	647
Additions Charged to Costs and Expenses	127	295	159
Recoveries (Deductions)	(161)	(8)	(159)
Balance at End of Year	$ 900	$ 934	$ 647