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Displays further expenses recorded in expense of rental equipment sales associated with the truthful worth mark-up of rental gear obtained in sure significant acquisitions and subsequently sold.
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Full liquidity demonstrates cash and money equivalents furthermore availability underneath the asset-dependent revolving credit history facility (“ABL facility”) and the accounts receivable securitization facility.
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EBITDA represents the sum of Web income, provision for income taxes, desire expenditure, Internet, depreciation of rental devices, and non-rental depreciation and amortization. Modified EBITDA represents EBITDA additionally the sum on the restructuring prices, inventory compensation expense, Web, as well as effects of your truthful price mark-up of acquired fleet. See below for further more depth on Just about every altering item. These items are excluded from altered EBITDA internally when assessing our operating performance and for strategic scheduling and forecasting uses, and allow investors to help make a far more meaningful comparison among our core business enterprise working outcomes around diverse periods of time, and with People of other equivalent companies.