Income certainly took a hit if of course one is astute...enough to take the realize they included a tax income tax GAIN of $9.46 millon as income for the quarter. Without it their income was 23.67. And that's without recongnizing any kind of tax expense.
Needless to say it's all about cashflow/free cashflow. I marvel about the way they recover a majority of their maintance cap ex in reselling used equpment. While this year is shaping up to be weaker their free cashflow will still come in 15%-20% range.