| Schedule of Effect of Correction and Other Adjustments on Previously Reported Consolidated Statements |
The following tables present the effect of the correction discussed
above and other adjustments on selected line items of our
previously reported consolidated statement of operations for the
three and six months ended June 30, 2016 and 2015,
respectively.
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Three months ended |
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| |
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June 30, 2016 |
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June 30, 2015 |
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|
Statement of Operations:
|
|
As
Previously
Reported |
|
|
Adjust |
|
|
As
Restated |
|
|
As
Previously
Reported |
|
|
Adjust |
|
|
As
Restated |
|
|
Net revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rentals
|
|
$ |
17,185 |
|
|
$ |
(943 |
) |
|
$ |
16,242 |
|
|
$ |
15,616 |
|
|
$ |
(234 |
) |
|
$ |
15,382 |
|
|
Net revenues
|
|
|
19,066 |
|
|
|
(943 |
) |
|
|
18,123 |
|
|
|
17,170 |
|
|
|
(234 |
) |
|
|
16,936 |
|
|
Gross profit
|
|
|
12,086 |
|
|
|
(943 |
) |
|
|
11,143 |
|
|
|
11,854 |
|
|
|
(234 |
) |
|
|
11,620 |
|
|
Operating income
|
|
|
1,381 |
|
|
|
(943 |
) |
|
|
438 |
|
|
|
1,317 |
|
|
|
(234 |
) |
|
|
1,083 |
|
|
Income (loss) before income taxes
|
|
|
1,061 |
|
|
|
(943 |
) |
|
|
118 |
|
|
|
930 |
|
|
|
(234 |
) |
|
|
696 |
|
|
Income tax (expense) benefit
|
|
|
(337 |
) |
|
|
372 |
|
|
|
35 |
|
|
|
(147 |
) |
|
|
93 |
|
|
|
(54 |
) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss)
|
|
|
724 |
|
|
|
(571 |
) |
|
|
153 |
|
|
|
783 |
|
|
|
(141 |
) |
|
|
642 |
|
|
Net income (loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Basic
|
|
$ |
0.03 |
|
|
$ |
(0.02 |
) |
|
$ |
0.01 |
|
|
$ |
0.03 |
|
|
$ |
— |
|
|
$ |
0.03 |
|
|
Diluted
|
|
$ |
0.03 |
|
|
$ |
(0.02 |
) |
|
$ |
0.01 |
|
|
$ |
0.03 |
|
|
$ |
— |
|
|
$ |
0.03 |
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|
Six months ended |
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| |
|
June 30, 2016 |
|
|
June 30, 2015 |
|
|
Statement of Operations:
|
|
As
Previously
Reported |
|
|
Adjust |
|
|
As
Restated |
|
|
As
Previously
Reported |
|
|
Adjust |
|
|
As
Restated |
|
|
Net revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rentals
|
|
$ |
34,423 |
|
|
$ |
(1,693 |
) |
|
$ |
32,730 |
|
|
$ |
30,755 |
|
|
$ |
(407 |
) |
|
$ |
30,348 |
|
|
Net revenues
|
|
|
38,110 |
|
|
|
(1,693 |
) |
|
|
36,417 |
|
|
|
33,895 |
|
|
|
(407 |
) |
|
|
33,488 |
|
|
Gross profit
|
|
|
25,393 |
|
|
|
(1,693 |
) |
|
|
23,700 |
|
|
|
23,943 |
|
|
|
(407 |
) |
|
|
23,536 |
|
|
Operating income
|
|
|
2,545 |
|
|
|
(1,693 |
) |
|
|
852 |
|
|
|
2,869 |
|
|
|
(407 |
) |
|
|
2,462 |
|
|
Income (loss) before income taxes
|
|
|
1,940 |
|
|
|
(1,693 |
) |
|
|
247 |
|
|
|
230 |
|
|
|
(407 |
) |
|
|
(177 |
) |
|
Income tax (expense) benefit
|
|
|
(721 |
) |
|
|
668 |
|
|
|
(53 |
) |
|
|
138 |
|
|
|
161 |
|
|
|
299 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Net income (loss)
|
|
|
1,219 |
|
|
|
(1,025 |
) |
|
|
194 |
|
|
|
368 |
|
|
|
(246 |
) |
|
|
122 |
|
|
Net income (loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Basic
|
|
$ |
0.05 |
|
|
$ |
(0.04 |
) |
|
$ |
0.01 |
|
|
$ |
0.02 |
|
|
$ |
(0.01 |
) |
|
$ |
0.01 |
|
|
Diluted
|
|
$ |
0.05 |
|
|
$ |
(0.04 |
) |
|
$ |
0.01 |
|
|
$ |
0.02 |
|
|
$ |
(0.01 |
) |
|
$ |
0.01 |
|
The following tables present the effect of the correction discussed
above and other adjustments on selected line items of our
previously reported consolidated balance sheet at June 30, 2016 and
2015, respectively.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
| |
|
June 30, 2016 |
|
|
June 30, 2015 |
|
|
Balance Sheet:
|
|
As
Previously
Reported |
|
|
Adjust |
|
|
As
Restated |
|
|
As
Previously
Reported |
|
|
Adjust |
|
|
As
Restated |
|
|
Accounts receivable, net
|
|
$ |
16,953 |
|
|
$ |
(3,278 |
) |
|
$ |
13,675 |
|
|
$ |
12,304 |
|
|
$ |
(407 |
) |
|
$ |
11,897 |
|
|
Total Current Assets
|
|
|
23,804 |
|
|
|
(3,278 |
) |
|
|
20,526 |
|
|
|
18,289 |
|
|
|
(407 |
) |
|
|
17,882 |
|
|
Deferred income taxes
|
|
|
10,821 |
|
|
|
1,295 |
|
|
|
12,116 |
|
|
|
13,878 |
|
|
|
161 |
|
|
|
14,039 |
|
|
Total Assets
|
|
|
100,267 |
|
|
|
(1,983 |
) |
|
|
98,284 |
|
|
|
91,779 |
|
|
|
(246 |
) |
|
|
91,533 |
|
|
Retained deficit
|
|
|
(38,743 |
) |
|
|
(1,983 |
) |
|
|
(40,726 |
) |
|
|
(43,336 |
) |
|
|
(246 |
) |
|
|
(43,582 |
) |
|
Total Stockholders’ Equity
|
|
|
52,940 |
|
|
|
(1,983 |
) |
|
|
50,957 |
|
|
|
47,508 |
|
|
|
(246 |
) |
|
|
47,262 |
|
|
Total Liabilities and Stockholders’ Equity
|
|
$ |
100,267 |
|
|
$ |
(1,983 |
) |
|
$ |
98,284 |
|
|
$ |
91,779 |
|
|
$ |
(246 |
) |
|
$ |
91,533 |
|
|