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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2012	Jul. 27, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	H&E Equipment Services, Inc.
Entity Central Index Key	0001339605
Document Type	10-Q
Document Period End Date	Jun. 30, 2012
Amendment Flag	false
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		35,050,858

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash	$ 3,692	$ 24,215
Receivables, net of allowance for doubtful accounts of $5,051 and $5,581,respectively	107,953	105,339
Inventories, net of reserves for obsolescence of $741 and $861, respectively	109,455	65,151
Prepaid expenses and other assets	5,515	5,223
Rental equipment, net of accumulated depreciation of $287,984 and $281,493, respectively	518,425	450,877
Property and equipment, net of accumulated depreciation and amortization of $65,431 and $62,050, respectively	75,283	62,775
Deferred financing costs, net of accumulated amortization of $12,513 and $11,844, respectively	5,754	5,640
Intangible assets, net of accumulated amortization of $771 and $722, respectively	17	66
Goodwill	33,046	34,019
Total assets	859,140	753,305
Liabilities:
Amounts due on senior secured credit facility	71,263	16,055
Accounts payable	81,395	63,006
Manufacturer flooring plans payable	64,050	58,318
Accrued expenses payable and other liabilities	48,304	38,490
Senior unsecured notes	250,000	250,000
Capital lease payable	2,527	2,605
Deferred income taxes	60,235	58,616
Deferred compensation payable	1,944	2,008
Total liabilities	579,718	489,098
Commitments and Contingencies
Stockholders' equity:
Preferred stock, $0.01 par value, 25,000,000 shares authorized; no shares issued	0	0
Common stock, $0.01 par value, 175,000,000 shares authorized; 38,814,509 and 38,808,941 shares issued at June 30, 2012 and December 31, 2011, respectively and 35,050,858 and 35,084,737 shares outstanding at June 30, 2012 and December 31, 2011, respectively	387	387
Additional paid-in capital	211,778	210,695
Treasury stock at cost, 3,763,651 and 3,724,204 shares of common stock held at June 30, 2012 and December 31, 2011, respectively	(57,175)	(56,884)
Retained earnings	124,432	110,009
Total stockholders' equity	279,422	264,207
Total liabilities and stockholders' equity	$ 859,140	$ 753,305

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Condensed Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts receivables	$ 5,051	$ 5,581
Reserves for obsolescence inventories	741	861
Accumulated depreciation, rental equipment	287,984	281,493
Accumulated depreciation and amortization, property and equipment	65,431	62,050
Accumulated amortization, deferred financing costs	12,513	11,844
Accumulated amortization, intangible assets	$ 771	$ 722
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	38,814,509	38,808,941
Common stock, shares outstanding	35,050,858	35,084,737
Treasury stock, shares	3,763,651	3,724,204

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues:
Equipment rentals	$ 70,504	$ 55,772	$ 130,133	$ 104,250
New equipment sales	64,704	57,913	105,701	87,086
Used equipment sales	23,588	23,066	50,110	38,483
Parts sales	24,725	24,942	48,103	46,519
Services revenues	13,879	13,244	27,179	25,881
Other	11,624	9,398	21,463	17,024
Total revenues	209,024	184,335	382,689	319,243
Cost of revenues:
Rental depreciation	24,763	21,507	47,577	42,070
Rental expense	12,253	11,569	23,796	22,308
New equipment sales	57,633	51,118	93,578	77,148
Used equipment sales	16,405	18,058	35,027	29,620
Parts sales	17,805	18,261	34,734	34,101
Services revenues	5,168	5,137	10,292	10,048
Other	10,762	10,890	20,799	21,037
Total cost of revenues	144,789	136,540	265,803	236,332
Gross profit	64,235	47,795	116,886	82,911
Selling, general and administrative expenses	41,399	37,546	82,102	75,639
Gain on sales of property and equipment, net	641	52	964	149
Income from operations	23,477	10,301	35,748	7,421
Other income (expense):
Interest expense	(6,973)	(7,178)	(13,843)	(14,385)
Other, net	151	185	508	508
Total other expense, net	(6,822)	(6,993)	(13,335)	(13,877)
Income (loss) before provision for income taxes	16,655	3,308	22,413	(6,456)
Provision (benefit) for income taxes	6,187	619	7,990	(2,672)
Net income (loss)	$ 10,468	$ 2,689	$ 14,423	$ (3,784)
Net income (loss) per common share:
Basic	$ 0.30	$ 0.08	$ 0.41	$ (0.11)
Diluted	$ 0.30	$ 0.08	$ 0.41	$ (0.11)
Weighted average common shares outstanding:
Basic	34,838	34,725	34,822	34,713
Diluted	34,964	34,906	34,957	34,713

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash flows from operating activities:
Net income (loss)	$ 14,423	$ (3,784)
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:
Depreciation and amortization on property and equipment	6,538	6,247
Depreciation on rental equipment	47,577	42,070
Amortization of loan discounts and deferred financing costs	669	694
Amortization of intangible assets	50	247
Provision for losses on accounts receivable	1,731	1,451
Provision for inventory obsolescence	31	139
(Increase) decrease in deferred income taxes	1,619	(2,770)
Stock-based compensation expense	797	660
Gain on sales of property and equipment, net	(964)	(149)
Gain on sales of rental equipment, net	(14,359)	(8,194)
Writedown of goodwill for tax-deductible goodwill in excess of book goodwill	972
Changes in operating assets and liabilities:
Receivables, net	(4,345)	126
Inventories, net	(70,113)	(30,036)
Prepaid expenses and other assets	(292)	459
Accounts payable	18,389	(3,925)
Manufacturer flooring plans payable	5,732	(8,592)
Accrued expenses payable and other liabilities	9,814	711
Deferred compensation payable	(64)	(28)
Net cash provided by (used in) operating activities	18,205	(4,674)
Cash flows from investing activities:
Purchases of property and equipment	(19,422)	(6,293)
Purchases of rental equipment	(119,574)	(54,333)
Proceeds from sales of property and equipment	1,340	260
Proceeds from sales of rental equipment	44,586	26,887
Net cash used in investing activities	(93,070)	(33,479)
Cash flows from financing activities:
Purchases of treasury stock	(291)	(461)
Excess tax benefit (deficiency) from stock-based awards	286
Borrowings on senior secured credit facility	462,578	170,540
Payments on senior secured credit facility	(407,370)	(155,316)
Payments of deferred financing costs	783
Payments of capital lease obligations	(78)	(73)
Net cash provided by financing activities	54,342	14,690
Net decrease in cash	(20,532)	(23,463)
Cash, beginning of period	24,215	29,149
Cash, end of period	3,692	5,686
Noncash asset purchases:
Assets transferred from new and used inventory to rental fleet	25,778	25,294
Cash paid during the period for:
Interest	13,096	13,699
Income taxes paid, net of refunds received	$ 319	$ (1,850)

Organization and Nature of Operations

6 Months Ended

Jun. 30, 2012

Organization and Nature of Operations [Abstract]

Organization and Nature of Operations

(1) Organization and Nature of Operations

Basis of Presentation

Our condensed 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 Holdings, 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.”

The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such regulations. In the opinion of management, all adjustments (consisting of all normal and recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three and six months ended June 30, 2012 are not necessarily indicative of the results that may be expected for the year ending December 31, 2012, and therefore, the results and trends in these interim condensed consolidated financial statements may not be the same for the entire year. These interim condensed consolidated financial statements should be read in conjunction with the annual audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended December 31, 2011, from which the balance sheet amounts as of December 31, 2011 were derived.

All significant intercompany accounts and transactions have been eliminated in these condensed consolidated financial statements. Business combinations accounted for as purchases are included in the condensed 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 condensed consolidated balance sheets are presented on an unclassified basis.

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 service 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 sales, rental, on-site parts, and 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 service operations.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

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-Publisher AICPA
-Name Statement of Position (SOP)
-Number 94-6
-Paragraph 10
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-Name Accounting Research Bulletin (ARB)
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+ Details

Significant Accounting Policies

6 Months Ended

Jun. 30, 2012

Significant Accounting Policies [Abstract]

Significant Accounting Policies

(2) Significant Accounting Policies

We describe our significant accounting policies in note 2 of the notes to consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2011. During the three and six month periods ended June 30, 2012, there were no significant changes to those accounting policies.

Use of Estimates

We prepare our condensed 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.

Recent Accounting Pronouncements

There are no recent accounting pronouncements that are expected to affect the Company’s financial reporting.

Fair Value of Financial Instruments

6 Months Ended

Jun. 30, 2012

Fair Value of Financial Instruments [Abstract]

Fair Value of Financial Instruments

(3) Fair Value of Financial Instruments

The carrying value of financial instruments reported in our accompanying condensed 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 carrying amount for our senior secured credit facility approximates fair value because the underlying instrument includes provisions that adjust our interest rates based on current market rates. The determination of the fair value of our letters 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 have been calculated based upon market quotes and present value calculations based on our current estimated incremental borrowing rates for similar types of borrowing arrangements, which are presented in the table below (amounts in thousands):


	June 30, 2012
	Carrying Amount		Fair Value
Manufacturer flooring plans payable with interest computed at 5.75%	$	64,050	$	56,532
Senior unsecured notes with interest compounded at 8.375%		250,000		255,000
Capital lease payable with interest computed at 5.929% to 9.55%		2,527		1,965
Letters of credit		—		130


	December 31, 2011
	Carrying Amount		Fair Value
Manufacturer flooring plans payable with interest computed at 5.38%	$	58,318	$	52,069
Senior unsecured notes with interest compounded at 8.375%		250,000		252,500
Capital lease payable with interest computed at 5.929% to 9.55%		2,605		1,839
Letters of credit		—		192

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Stockholders' Equity

6 Months Ended

Jun. 30, 2012

Stockholders' Equity [Abstract]

Stockholders' Equity

(4) Stockholders’ Equity

The following table summarizes the activity in Stockholders’ Equity for the six month period ended June 30, 2012 (amounts in thousands, except share data):


	Common Stock
	Shares Issued		Amount		Additional Paid-in Capital		Treasury Stock			Retained Earnings		Total Stockholders’ Equity
Balances at December 31, 2011		38,808,941	$	387	$	210,695	$	(56,884	)	$	110,009	$	264,207
Stock-based compensation		—		—		797		—			—		797
Tax benefits associated with stock-based awards		—		—		286		—			—		286
Issuance of non-vested restricted common stock		5,568		—		—		—			—		—
Repurchases of 35,982 shares of restricted common stock		—		—		—		(291	)		—		(291	)
Net income		—		—		—					14,423		14,423

Balances at June 30, 2012		38,814,509	$	387	$	211,778	$	(57,175	)	$	124,432	$	279,422

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section B
-Paragraph 7, 11A
-Chapter 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 15
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Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 21: http://www.xbrl.org/2003/role/presentationRef
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
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Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Stock-Based Compensation

6 Months Ended

Jun. 30, 2012

Stock-Based Compensation [Abstract]

Stock-Based Compensation

(5) Stock-Based Compensation

We account for our stock-based compensation plan using the fair value recognition provisions of ASC 718, Stock Compensation (“ASC 718”). Under the provisions of ASC 718, stock-based compensation is measured at the grant date, based on the calculated fair value of the award, and is recognized as an expense over the requisite employee service period (generally the vesting period of the grant). Shares available for future stock-based payment awards under our 2006 Stock-Based Incentive Compensation Plan were 3,823,511 shares as of June 30, 2012.

Non-vested Stock

The following table summarizes our non-vested stock activity for the six months ended June 30, 2012:


	Number of Shares			Weighted Average Grant Date Fair Value
Non-vested stock at December 31, 2011		278,634		$	10.77
Granted		5,568		$	16.18
Vested		(118,485	)	$	8.06
Forfeited		(3,465	)	$	10.87

Non-vested stock at June 30, 2012		162,252		$	12.93

As of June 30, 2012, we had unrecognized compensation expense of approximately $1.3 million related to non-vested stock that we expect to be recognized over a weighted-average period of 2.0 years. The following table summarizes compensation expense related to non-vested stock, which is included in selling, general and administrative expenses in the accompanying condensed consolidated statements of operations for the three and six months ended June 30, 2012 and 2011 (amounts in thousands):


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2012		2011		2012		2011
Compensation expense	$	465	$	362	$	797	$	660

Stock Options

At June 30, 2012, there is no unrecognized compensation expense as all stock option awards have fully vested. The following table represents stock option activity for the six months ended June 30, 2012:


	Number of Shares		Weighted Average Exercise Price		Weighted Average Contractual Life In Years
Outstanding options at December 31, 2011		51,000	$	24.80
Granted		—		—
Exercised		—		—
Canceled, forfeited or expired		—		—

Outstanding options at June 30, 2012		51,000	$	24.80		4.0

Options exercisable at June 30, 2012		51,000	$	24.80		4.0

The closing price of our common stock on June 30, 2012 was $15.03. All options outstanding at June 30, 2012 have grant date fair values which exceed the June 30, 2012 closing stock price.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income (Loss) per Share

6 Months Ended

Jun. 30, 2012

Income (Loss) Per Share [Abstract]

Income (Loss) per Share

(6) Income (Loss) per Share

Income (loss) per common share for the three and six months ended June 30, 2012 and 2011 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 (loss) per share. The following table sets forth the computation of basic and diluted net income (loss) per common share for the three and six month periods ended June 30, 2012 and 2011 (amounts in thousands, except per share amounts):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2012		2011		2012		2011
Basic net income (loss) per share:
Net income (loss)	$	10,468	$	2,689	$	14,423	$	(3,784	)
Weighted average number of shares of common stock outstanding		34,838		34,725		34,822		34,713

Net income (loss) per share of common stock – basic	$	0.30	$	0.08	$	0.41	$	(0.11	)

Diluted net income (loss) per share:
Net income (loss)	$	10,468	$	2,689	$	14,423	$	(3,784	)
Weighted average number of shares of common stock outstanding		34,838		34,725		34,822		34,713
Effect of dilutive securities:
Effect of dilutive stock options		—		—		—		—
Effect of dilutive non-vested restricted stock		126		181		135		—

Weighted average number of shares of common stock outstanding – diluted		34,964		34,906		34,957		34,713

Net income (loss) per share of common stock – diluted	$	0.30	$	0.08	$	0.41	$	(0.11	)

Common shares excluded from the denominator as anti-dilutive:
Stock options		51		51		51		51

Non-vested restricted stock		3,558		—		1,727		209

Segment Information

6 Months Ended

Jun. 30, 2012

Segment Information [Abstract]

Segment Information

(7) 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 reportable segments.

We do not compile discrete financial information by segments other than the information presented below. The following table presents information about our reportable segments (amounts in thousands):


	Three Months Ended June 30,					Six Months Ended June 30,
	2012		2011			2012		2011
Revenues:
Equipment rentals	$	70,504	$	55,772		$	130,133	$	104,250
New equipment sales		64,704		57,913			105,701		87,086
Used equipment sales		23,588		23,066			50,110		38,483
Parts sales		24,725		24,942			48,103		46,519
Services revenues		13,879		13,244			27,179		25,881

Total segmented revenues		197,400		174,937			361,226		302,219
Non-segmented revenues		11,624		9,398			21,463		17,024

Total revenues	$	209,024	$	184,335		$	382,689	$	319,243

Gross Profit (Loss):
Equipment rentals	$	33,488	$	22,696		$	58,760	$	39,872
New equipment sales		7,071		6,795			12,123		9,938
Used equipment sales		7,183		5,008			15,083		8,863
Parts sales		6,920		6,681			13,369		12,418
Services revenues		8,711		8,107			16,887		15,833

Total segmented gross profit		63,373		49,287			116,222		86,924
Non-segmented gross profit (loss)		862		(1,492	)		664		(4,013	)

Total gross profit	$	64,235	$	47,795		$	116,886	$	82,911


	Balances at
	June 30,		December 31,
	2012		2011
Segment identified assets:
Equipment sales	$	94,051	$	52,572
Equipment rentals		518,425		450,877
Parts and services		15,404		12,579

Total segment identified assets		627,880		516,028
Non-segment identified assets		231,260		237,277

Total assets	$	859,140	$	753,305

The Company operates primarily in the United States and our sales to international customers for the three and six month periods ended June 30, 2012 were 5.5% and 3.8%, respectively, of total revenues compared to 1.4% and 3.4% for the three and six month periods ended June 30, 2011. No one customer accounted for more than 10% of our revenues on an overall or segment basis for any of the periods presented.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Condensed Consolidating Financial Information of Guarantor Subsidiaries

6 Months Ended

Jun. 30, 2012

Condensed Consolidating Financial Information of Guarantor Subsidiaries [Abstract]

Condensed Consolidating Financial Information of Guarantor Subsidiaries

(8) Condensed 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 Holdings, Inc. and H&E Equipment Services (Mid-Atlantic), Inc. 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 condensed consolidating financial statements of H&E Equipment Services, Inc. and its subsidiaries are included below. The financial statements for H&E Finance Corp., the subsidiary co-issuer, are not included within the condensed consolidating financial statements because H&E Finance Corp. has no assets or operations. The condensed consolidating balance sheet amounts as of December 31, 2011 included herein were derived from our annual audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended December 31, 2011.

CONDENSED CONSOLIDATING BALANCE SHEET


	As of June 30, 2012
	H&E Equipment Services			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Assets:
Cash	$	3,692		$	—		$	—	$	3,692
Receivables, net		94,177			13,776			—		107,953
Inventories, net		92,301			17,154			—		109,455
Prepaid expenses and other assets		5,374			141			—		5,515
Rental equipment, net		426,422			92,003			—		518,425
Property and equipment, net		63,501			11,782			—		75,283
Deferred financing costs, net		5,754			—			—		5,754
Intangible assets, net		—			17			—		17
Investment in guarantor subsidiaries		(25,991	)		—			25,991		—
Goodwill		3,520			29,526			—		33,046

Total assets	$	668,750		$	164,399		$	25,991	$	859,140


Liabilities and Stockholders’ Equity:
Amounts due on senior secured credit facility	$	71,263		$	—		$	—	$	71,263
Accounts payable		75,189			6,206			—		81,395
Manufacturer flooring plans payable		63,456			594			—		64,050
Accrued expenses payable and other liabilities		47,616			688			—		48,304
Intercompany balances		(180,375	)		180,375			—		—
Senior unsecured notes		250,000			—			—		250,000
Capital lease payable		—			2,527			—		2,527
Deferred income taxes		60,235			—			—		60,235
Deferred compensation payable		1,944			—			—		1,944

Total liabilities		389,328			190,390			—		579,718
Stockholders’ equity (deficit)		279,422			(25,991	)		25,991		279,422

Total liabilities and stockholders’ equity	$	668,750		$	164,399		$	25,991	$	859,140

CONDENSED CONSOLIDATING BALANCE SHEET


	As of December 31, 2011
	H&E Equipment Services			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Assets:
Cash	$	24,215		$	—		$	—	$	24,215
Receivables, net		93,840			11,499			—		105,339
Inventories, net		55,052			10,099			—		65,151
Prepaid expenses and other assets		5,098			125			—		5,223
Rental equipment, net		366,568			84,309			—		450,877
Property and equipment, net		52,021			10,754			—		62,775
Deferred financing costs, net		5,640			—			—		5,640
Intangible assets, net		—			66			—		66
Investment in guarantor subsidiaries		(25,142	)		—			25,142		—
Goodwill		4,493			29,526			—		34,019

Total assets	$	581,785		$	146,378		$	25,142	$	753,305

Liabilities and Stockholders’ Equity:
Amounts due on senior secured credit facility	$	16,055		$	—		$	—	$	16,055
Accounts payable		59,095			3,911			—		63,006
Manufacturer flooring plans payable		58,249			69			—		58,318
Accrued expenses payable and other liabilities		37,786			704			—		38,490
Intercompany balances		(164,231	)		164,231			—		—
Senior unsecured notes		250,000			—			—		250,000
Capital lease payable		—			2,605			—		2,605
Deferred income taxes		58,616			—			—		58,616
Deferred compensation payable		2,008			—			—		2,008

Total liabilities		317,578			171,520			—		489,098
Stockholders’ equity (deficit)		264,207			(25,142	)		25,142		264,207

Total liabilities and stockholders’ equity	$	581,785		$	146,378		$	25,142	$	753,305

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS


	Three Months Ended June 30, 2012
	H&E Equipment Services			Guarantor Subsidiaries			Elimination			Consolidated
	(Amounts in thousands)
Revenues:
Equipment rentals	$	57,600		$	12,904		$	—		$	70,504
New equipment sales		55,091			9,613			—			64,704
Used equipment sales		18,722			4,866			—			23,588
Parts sales		20,956			3,769			—			24,725
Services revenues		11,987			1,892			—			13,879
Other		9,527			2,097			—			11,624

Total revenues		173,883			35,141			—			209,024

Cost of revenues:
Rental depreciation		19,953			4,810			—			24,763
Rental expense		9,775			2,478			—			12,253
New equipment sales		48,980			8,653			—			57,633
Used equipment sales		12,819			3,586			—			16,405
Parts sales		15,104			2,701			—			17,805
Services revenues		4,510			658			—			5,168
Other		8,639			2,123			—			10,762

Total cost of revenues		119,780			25,009			—			144,789

Gross profit (loss):
Equipment rentals		27,872			5,616			—			33,488
New equipment sales		6,111			960			—			7,071
Used equipment sales		5,903			1,280			—			7,183
Parts sales		5,852			1,068			—			6,920
Services revenues		7,477			1,234			—			8,711
Other		888			(26	)		—			862

Gross profit		54,103			10,132			—			64,235

Selling, general and administrative expenses		34,456			6,943			—			41,399
Equity in earnings of guarantor subsidiaries		836			—			(836	)		—
Gain on sales of property and equipment, net		625			16			—			641

Income from operations		21,108			3,205			(836	)		23,477

Other income (expense):
Interest expense		(4,586	)		(2,387	)		—			(6,973	)
Other, net		133			18			—			151

Total other expense, net		(4,453	)		(2,369	)		—			(6,822	)

Income before income taxes		16,655			836			(836	)		16,655
Income tax expense		6,187			—			—			6,187

Net income	$	10,468		$	36		$	(836	)	$	10,468

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS


	Three Months Ended June 30, 2011
	H&E Equipment Services, Inc.			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Revenues:
Equipment rentals	$	44,675		$	11,097		$	—	$	55,772
New equipment sales		51,271			6,642			—		57,913
Used equipment sales		19,503			3,563			—		23,066
Parts sales		20,990			3,952			—		24,942
Services revenues		11,632			1,612			—		13,244
Other		7,704			1,694			—		9,398

Total revenues		155,775			28,560			—		184,335

Cost of revenues:
Rental depreciation		16,881			4,626			—		21,507
Rental expense		9,341			2,228			—		11,569
New equipment sales		45,276			5,842			—		51,118
Used equipment sales		15,059			2,999			—		18,058
Parts sales		15,371			2,890			—		18,261
Services revenues		4,592			545			—		5,137
Other		8,574			2,316			—		10,890

Total cost of revenues		115,094			21,446			—		136,540

Gross profit (loss):
Equipment rentals		18,453			4,243			—		22,696
New equipment sales		5,995			800			—		6,795
Used equipment sales		4,444			564			—		5,008
Parts sales		5,619			1,062			—		6,681
Services revenues		7,040			1,067			—		8,107
Other		(870	)		(622	)		—		(1,492	)

Gross profit		40,681			7,114			—		47,795

Selling, general and administrative expenses		31,402			6,144			—		37,546
Equity in loss of guarantor subsidiaries		(1,346	)		—			1,346		—
Gain on sales of property and equipment, net		35			17			—		52

Income from operations		7,968			987			1,346		10,301

Other income (expense):
Interest expense		(4,839	)		(2,339	)		—		(7,178	)
Other, net		179			6			—		185

Total other expense, net		(4,660	)		(2,333	)		—		(6,993	)

Income (loss) before income taxes		3,308			(1,346	)		1,346		3,308
Income tax expense 69		619			—			—		619

Net income (loss)	$	2,689		$	(1,346	)	$	1,346	$	2,689

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS


	Six Months Ended June 30, 2012
	H&E Equipment Services			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Revenues:
Equipment rentals	$	106,886		$	23,247		$	—	$	130,133
New equipment sales		92,401			13,300			—		105,701
Used equipment sales		39,739			10,371			—		50,110
Parts sales		40,751			7,352			—		48,103
Services revenues		23,485			3,694			—		27,179
Other		17,652			3,811			—		21,463

Total revenues		320,914			61,755			—		382,689

Cost of revenues:
Rental depreciation		38,351			9,226			—		47,577
Rental expense		19,097			4,699			—		23,796
New equipment sales		81,656			11,922			—		93,578
Used equipment sales		27,086			7,941			—		35,027
Parts sales		29,487			5,247			—		34,734
Services revenues		9,009			1,283			—		10,292
Other		16,678			4,121			—		20,799

Total cost of revenues		221,364			44,439			—		265,803

Gross profit (loss):
Equipment rentals		49,438			9,322			—		58,760
New equipment sales		10,745			1,378			—		12,123
Used equipment sales		12,653			2,430			—		15,083
Parts sales		11,264			2,105			—		13,369
Services revenues		14,476			2,411			—		16,887
Other		974			(310	)		—		664

Gross profit		99,550			17,336			—		116,886

Selling, general and administrative expenses		68,277			13,825			—		82,102
Equity in loss of guarantor subsidiaries		(849	)		—			849		—
Gain on sales of property and equipment, net		786			178			—		964

Income from operations		31,210			3,689			849		35,748

Other income (expense):
Interest expense		(9,275	)		(4,568	)		—		(13,843	)
Other, net		478			30			—		508

Total other expense, net		(8,797	)		(4,538	)		—		(13,335	)

Income (loss) before income taxes		22,413			(849	)		849		22,413
Income tax expense		7,990			—			—		7,990

Net income (loss)	$	14,423		$	(849	)	$	849	$	14,423

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS


	Six Months Ended June 30, 2011
	H&E Equipment Services, Inc.			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Revenues:
Equipment rentals	$	83,748		$	20,502		$	—	$	104,250
New equipment sales		75,925			11,161			—		87,086
Used equipment sales		31,823			6,660			—		38,483
Parts sales		39,299			7,220			—		46,519
Services revenues		22,777			3,104			—		25,881
Other		13,922			3,102			—		17,024

Total revenues		267,494			51,749			—		319,243

Cost of revenues:
Rental depreciation		32,989			9,081			—		42,070
Rental expense		18,074			4,234			—		22,308
New equipment sales		67,296			9,852			—		77,148
Used equipment sales		24,175			5,445			—		29,620
Parts sales		28,834			5,267			—		34,101
Services revenues		8,998			1,050			—		10,048
Other		16,548			4,489			—		21,037

Total cost of revenues		196,914			39,418			—		236,332

Gross profit (loss):
Equipment rentals		32,685			7,187			—		39,872
New equipment sales		8,629			1,309			—		9,938
Used equipment sales		7,648			1,215			—		8,863
Parts sales		10,465			1,953			—		12,418
Services revenues		13,779			2,054			—		15,833
Other		(2,626	)		(1,387	)		—		(4,013	)

Gross profit		70,580			12,331			—		82,911

Selling, general and administrative expenses		62,839			12,800			—		75,639
Equity in loss of guarantor subsidiaries		(5,061	)		—			5,061		—
Gain on sales of property and equipment, net		128			21			—		149

Income (loss) from operations		2,808			(448	)		5,061		7,421

Other income (expense):
Interest expense		(9,760	)		(4,625	)		—		(14,385	)
Other, net		496			12			—		508

Total other expense, net		(9,264	)		(4,613	)		—		(13,877	)

Loss before income taxes		(6,456	)		(5,061	)		5,061		(6,456	)
Income tax benefit		(2,672	)		—			—		(2,672	)

Net loss	$	(3,784	)	$	(5,061	)	$	5,061	$	(3,784	)

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS


	Six Months Ended June 30, 2012
	H&E Equipment Services			Guarantor Subsidiaries			Elimination			Consolidated
	(Amounts in thousands)
Cash flows from operating activities:
Net income (loss)	$	14,423		$	(849	)	$	849		$	14,423
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization on property and equipment		5,663			875			—			6,538
Depreciation on rental equipment		38,351			9,226			—			47,577
Amortization of loan discounts and deferred financing costs		669			—			—			669
Amortization of intangible assets		—			50			—			50
Provision for losses on accounts receivable		1,203			528			—			1,731
Provision for inventory obsolescence		31			—			—			31
Provision for deferred income taxes		1,619			—			—			1,619
Stock-based compensation expense		797			—			—			797
Gain on sales of property and equipment, net		(786	)		(178	)		—			(964	)
Gain on sales of rental equipment, net		(11,965	)		(2,394	)		—			(14,359	)
Writedown of goodwill for tax-deductible goodwill in excess of book goodwill		972			—			—			972
Equity in loss of guarantor subsidiaries		849			—			(849	)		—
Changes in operating assets and liabilities:
Receivables, net		(1,540	)		(2,805	)		—			(4,345	)
Inventories, net		(59,008	)		(11,105	)		—			(70,113	)
Prepaid expenses and other assets		(275	)		(17	)		—			(292	)
Accounts payable		16,094			2,295			—			18,389
Manufacturer flooring plans payable		5,207			525			—			5,732
Accrued expenses payable and other liabilities		9,830			(16	)		—			9,814
Intercompany balances		(16,144	)		16,144			—			—
Deferred compensation payable		(64	)		—			—			(64	)

Net cash provided by operating activities		5,928			12,279			—			18,205

Cash flows from investing activities:
Purchases of property and equipment		(17,575	)		(1,847	)		—			(19,422	)
Purchases of rental equipment		(99,181	)		(20,393	)		—			(119,574	)
Proceeds from sales of property and equipment		1,218			122			—			1,340
Proceeds from sales of rental equipment		34,669			9,917			—			44,586

Net cash used in investing activities .		(80,869	)		(12,201	)		—			(93,070	)

Cash flows from financing activities:
Purchases of treasury stock		(291	)		—			—			(291	)
Excess tax benefit (deficiency) from stock-based awards		286			—			—			286
Borrowings on senior secured credit facility		462,578			—			—			462,578
Payments on senior secured credit facility		(407,370	)		—			—			(407,370	)
Payments of deferred financing costs		(783	)		—			—			(783	)
Payments on capital lease obligations		—			(78	)		—			(78	)

Net cash provided by (used in) financing activities		54,420			(78	)		—			54,342

Net decrease in cash		(20,523	)		—			—			(20,523	)
Cash, beginning of period		24,215			—			—			24,215

Cash, end of period	$	3,692		$	—		$	—		$	3,692

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS


	Six Months Ended June 30, 2011
	H&E Equipment Services, Inc.			Guarantor Subsidiaries			Elimination			Consolidated
	(Amounts in thousands)
Cash flows from operating activities:
Net loss	$	(3,784	)	$	(5,061	)	$	5,061		$	(3,784	)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization on property and equipment		5,232			1,015			—			6,247
Depreciation on rental equipment		32,989			9,081			—			42,070
Amortization of loan discounts and deferred financing costs		694			—			—			694
Amortization of intangible assets		—			247			—			247
Provision for losses on accounts receivable		1,803			(352	)		—			1,451
Provision for inventory obsolescence		139			—			—			139
Decrease in deferred income taxes		(2,770	)		—			—			(2,770	)
Stock-based compensation expense		660			—			—			660
Gain on sales of property and equipment, net		(128	)		(21	)		—			(149	)
Gain on sales of rental equipment, net		(6,961	)		(1,233	)		—			(8,194	)
Equity in loss of guarantor subsidiaries		5,061			—			(5,061	)		—
Changes in operating assets and liabilities:
Receivables, net		3,122			(2,996	)		—			126
Inventories, net		(25,186	)		(4,850	)		—			(30,036	)
Prepaid expenses and other assets		431			28			—			459
Accounts payable		(3,670	)		(255	)		—			(3,925	)
Manufacturer flooring plans payable		(8,626	)		34			—			(8,592	)
Accrued expenses payable and other liabilities		441			270			—			711
Intercompany balances		(12,122	)		12,122			—			—
Deferred compensation payable		(28	)		—			—			(28	)

Net cash provided by (used in) operating activities		(12,703	)		8,029			—			(4,674	)

Cash flows from investing activities:
Purchases of property and equipment		(5,315	)		(978	)		—			(6,293	)
Purchases of rental equipment		(41,510	)		(12,823	)		—			(54,333	)
Proceeds from sales of property and equipment		200			60			—			260
Proceeds from sales of rental equipment		21,102			5,785			—			26,887

Net cash used in investing activities		(25,523	)		(7,956	)		—			(33,479	)

Cash flows from financing activities:
Purchases of treasury stock		(461	)		—			—			(461	)
Borrowings on senior secured credit facility		170,540			—			—			170,540
Payments on senior secured credit facility		(155,316	)		—			—			(155,316	)
Payments on capital lease obligations		—			(73	)		—			(73	)

Net cash provided by (used in) financing activities		14,763			(73	)		—			14,690

Net decrease in cash		(23,463	)		—			—			(23,463	)
Cash, beginning of period		29,149			—			—			29,149

Cash, end of period	$	5,686		$	—		$	—		$	5,686

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Jun. 30, 2012
Significant Accounting Policies [Abstract]
Use of Estimates	Use of Estimates We prepare our condensed 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.
Recent Accounting Pronouncements	Recent Accounting Pronouncements There are no recent accounting pronouncements that are expected to affect the Company’s financial reporting.

Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value of Financial Instruments [Abstract]

Estimated incremental borrowing rates for similar types of borrowing agreements


	June 30, 2012
	Carrying Amount		Fair Value
Manufacturer flooring plans payable with interest computed at 5.75%	$	64,050	$	56,532
Senior unsecured notes with interest compounded at 8.375%		250,000		255,000
Capital lease payable with interest computed at 5.929% to 9.55%		2,527		1,965
Letters of credit		—		130


	December 31, 2011
	Carrying Amount		Fair Value
Manufacturer flooring plans payable with interest computed at 5.38%	$	58,318	$	52,069
Senior unsecured notes with interest compounded at 8.375%		250,000		252,500
Capital lease payable with interest computed at 5.929% to 9.55%		2,605		1,839
Letters of credit		—		192

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13467-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 19
-Subparagraph a, b, c(1), d(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 14
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15
-Subparagraph b-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph c(2), d, e, f
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-Subparagraph a, c(1), c(2), c(3), d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2012

Stockholders' Equity [Abstract]

Summary of activity in Stockholders' Equity


	Common Stock
	Shares Issued		Amount		Additional Paid-in Capital		Treasury Stock			Retained Earnings		Total Stockholders’ Equity
Balances at December 31, 2011		38,808,941	$	387	$	210,695	$	(56,884	)	$	110,009	$	264,207
Stock-based compensation		—		—		797		—			—		797
Tax benefits associated with stock-based awards		—		—		286		—			—		286
Issuance of non-vested restricted common stock		5,568		—		—		—			—		—
Repurchases of 35,982 shares of restricted common stock		—		—		—		(291	)		—		(291	)
Net income		—		—		—					14,423		14,423

Balances at June 30, 2012		38,814,509	$	387	$	211,778	$	(57,175	)	$	124,432	$	279,422

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2012

Stock-Based Compensation [Abstract]

Schedule of non-vested stock activity


	Number of Shares			Weighted Average Grant Date Fair Value
Non-vested stock at December 31, 2011		278,634		$	10.77
Granted		5,568		$	16.18
Vested		(118,485	)	$	8.06
Forfeited		(3,465	)	$	10.87

Non-vested stock at June 30, 2012		162,252		$	12.93

Schedule of compensation expense related to non-vested stock


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2012		2011		2012		2011
Compensation expense	$	465	$	362	$	797	$	660

Schedule of share based compensation stock options activity


	Number of Shares		Weighted Average Exercise Price		Weighted Average Contractual Life In Years
Outstanding options at December 31, 2011		51,000	$	24.80
Granted		—		—
Exercised		—		—
Canceled, forfeited or expired		—		—

Outstanding options at June 30, 2012		51,000	$	24.80		4.0

Options exercisable at June 30, 2012		51,000	$	24.80		4.0

Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Income (Loss) Per Share [Abstract]

Computation of basic and diluted net income (loss) per common share


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2012		2011		2012		2011
Basic net income (loss) per share:
Net income (loss)	$	10,468	$	2,689	$	14,423	$	(3,784	)
Weighted average number of shares of common stock outstanding		34,838		34,725		34,822		34,713

Net income (loss) per share of common stock – basic	$	0.30	$	0.08	$	0.41	$	(0.11	)

Diluted net income (loss) per share:
Net income (loss)	$	10,468	$	2,689	$	14,423	$	(3,784	)
Weighted average number of shares of common stock outstanding		34,838		34,725		34,822		34,713
Effect of dilutive securities:
Effect of dilutive stock options		—		—		—		—
Effect of dilutive non-vested restricted stock		126		181		135		—

Weighted average number of shares of common stock outstanding – diluted		34,964		34,906		34,957		34,713

Net income (loss) per share of common stock – diluted	$	0.30	$	0.08	$	0.41	$	(0.11	)

Common shares excluded from the denominator as anti-dilutive:
Stock options		51		51		51		51

Non-vested restricted stock		3,558		—		1,727		209

Segment Information (Tables)

6 Months Ended

Jun. 30, 2012

Segment Information [Abstract]

Information about reportable segments


	Three Months Ended June 30,					Six Months Ended June 30,
	2012		2011			2012		2011
Revenues:
Equipment rentals	$	70,504	$	55,772		$	130,133	$	104,250
New equipment sales		64,704		57,913			105,701		87,086
Used equipment sales		23,588		23,066			50,110		38,483
Parts sales		24,725		24,942			48,103		46,519
Services revenues		13,879		13,244			27,179		25,881

Total segmented revenues		197,400		174,937			361,226		302,219
Non-segmented revenues		11,624		9,398			21,463		17,024

Total revenues	$	209,024	$	184,335		$	382,689	$	319,243

Gross Profit (Loss):
Equipment rentals	$	33,488	$	22,696		$	58,760	$	39,872
New equipment sales		7,071		6,795			12,123		9,938
Used equipment sales		7,183		5,008			15,083		8,863
Parts sales		6,920		6,681			13,369		12,418
Services revenues		8,711		8,107			16,887		15,833

Total segmented gross profit		63,373		49,287			116,222		86,924
Non-segmented gross profit (loss)		862		(1,492	)		664		(4,013	)

Total gross profit	$	64,235	$	47,795		$	116,886	$	82,911


	Balances at
	June 30,		December 31,
	2012		2011
Segment identified assets:
Equipment sales	$	94,051	$	52,572
Equipment rentals		518,425		450,877
Parts and services		15,404		12,579

Total segment identified assets		627,880		516,028
Non-segment identified assets		231,260		237,277

Total assets	$	859,140	$	753,305

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Condensed Consolidating Financial Information of Guarantor Subsidiaries (Tables)

6 Months Ended

Jun. 30, 2012

Condensed Consolidating Financial Information of Guarantor Subsidiaries [Abstract]

Condensed Consolidating Balance Sheet


	As of June 30, 2012
	H&E Equipment Services			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Assets:
Cash	$	3,692		$	—		$	—	$	3,692
Receivables, net		94,177			13,776			—		107,953
Inventories, net		92,301			17,154			—		109,455
Prepaid expenses and other assets		5,374			141			—		5,515
Rental equipment, net		426,422			92,003			—		518,425
Property and equipment, net		63,501			11,782			—		75,283
Deferred financing costs, net		5,754			—			—		5,754
Intangible assets, net		—			17			—		17
Investment in guarantor subsidiaries		(25,991	)		—			25,991		—
Goodwill		3,520			29,526			—		33,046

Total assets	$	668,750		$	164,399		$	25,991	$	859,140


Liabilities and Stockholders’ Equity:
Amounts due on senior secured credit facility	$	71,263		$	—		$	—	$	71,263
Accounts payable		75,189			6,206			—		81,395
Manufacturer flooring plans payable		63,456			594			—		64,050
Accrued expenses payable and other liabilities		47,616			688			—		48,304
Intercompany balances		(180,375	)		180,375			—		—
Senior unsecured notes		250,000			—			—		250,000
Capital lease payable		—			2,527			—		2,527
Deferred income taxes		60,235			—			—		60,235
Deferred compensation payable		1,944			—			—		1,944

Total liabilities		389,328			190,390			—		579,718
Stockholders’ equity (deficit)		279,422			(25,991	)		25,991		279,422

Total liabilities and stockholders’ equity	$	668,750		$	164,399		$	25,991	$	859,140


	As of December 31, 2011
	H&E Equipment Services			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Assets:
Cash	$	24,215		$	—		$	—	$	24,215
Receivables, net		93,840			11,499			—		105,339
Inventories, net		55,052			10,099			—		65,151
Prepaid expenses and other assets		5,098			125			—		5,223
Rental equipment, net		366,568			84,309			—		450,877
Property and equipment, net		52,021			10,754			—		62,775
Deferred financing costs, net		5,640			—			—		5,640
Intangible assets, net		—			66			—		66
Investment in guarantor subsidiaries		(25,142	)		—			25,142		—
Goodwill		4,493			29,526			—		34,019

Total assets	$	581,785		$	146,378		$	25,142	$	753,305

Liabilities and Stockholders’ Equity:
Amounts due on senior secured credit facility	$	16,055		$	—		$	—	$	16,055
Accounts payable		59,095			3,911			—		63,006
Manufacturer flooring plans payable		58,249			69			—		58,318
Accrued expenses payable and other liabilities		37,786			704			—		38,490
Intercompany balances		(164,231	)		164,231			—		—
Senior unsecured notes		250,000			—			—		250,000
Capital lease payable		—			2,605			—		2,605
Deferred income taxes		58,616			—			—		58,616
Deferred compensation payable		2,008			—			—		2,008

Total liabilities		317,578			171,520			—		489,098
Stockholders’ equity (deficit)		264,207			(25,142	)		25,142		264,207

Total liabilities and stockholders’ equity	$	581,785		$	146,378		$	25,142	$	753,305

Condensed Consolidating Statement of Operations


	Three Months Ended June 30, 2012
	H&E Equipment Services			Guarantor Subsidiaries			Elimination			Consolidated
	(Amounts in thousands)
Revenues:
Equipment rentals	$	57,600		$	12,904		$	—		$	70,504
New equipment sales		55,091			9,613			—			64,704
Used equipment sales		18,722			4,866			—			23,588
Parts sales		20,956			3,769			—			24,725
Services revenues		11,987			1,892			—			13,879
Other		9,527			2,097			—			11,624

Total revenues		173,883			35,141			—			209,024

Cost of revenues:
Rental depreciation		19,953			4,810			—			24,763
Rental expense		9,775			2,478			—			12,253
New equipment sales		48,980			8,653			—			57,633
Used equipment sales		12,819			3,586			—			16,405
Parts sales		15,104			2,701			—			17,805
Services revenues		4,510			658			—			5,168
Other		8,639			2,123			—			10,762

Total cost of revenues		119,780			25,009			—			144,789

Gross profit (loss):
Equipment rentals		27,872			5,616			—			33,488
New equipment sales		6,111			960			—			7,071
Used equipment sales		5,903			1,280			—			7,183
Parts sales		5,852			1,068			—			6,920
Services revenues		7,477			1,234			—			8,711
Other		888			(26	)		—			862

Gross profit		54,103			10,132			—			64,235

Selling, general and administrative expenses		34,456			6,943			—			41,399
Equity in earnings of guarantor subsidiaries		836			—			(836	)		—
Gain on sales of property and equipment, net		625			16			—			641

Income from operations		21,108			3,205			(836	)		23,477

Other income (expense):
Interest expense		(4,586	)		(2,387	)		—			(6,973	)
Other, net		133			18			—			151

Total other expense, net		(4,453	)		(2,369	)		—			(6,822	)

Income before income taxes		16,655			836			(836	)		16,655
Income tax expense		6,187			—			—			6,187

Net income	$	10,468		$	36		$	(836	)	$	10,468


	Three Months Ended June 30, 2011
	H&E Equipment Services, Inc.			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Revenues:
Equipment rentals	$	44,675		$	11,097		$	—	$	55,772
New equipment sales		51,271			6,642			—		57,913
Used equipment sales		19,503			3,563			—		23,066
Parts sales		20,990			3,952			—		24,942
Services revenues		11,632			1,612			—		13,244
Other		7,704			1,694			—		9,398

Total revenues		155,775			28,560			—		184,335

Cost of revenues:
Rental depreciation		16,881			4,626			—		21,507
Rental expense		9,341			2,228			—		11,569
New equipment sales		45,276			5,842			—		51,118
Used equipment sales		15,059			2,999			—		18,058
Parts sales		15,371			2,890			—		18,261
Services revenues		4,592			545			—		5,137
Other		8,574			2,316			—		10,890

Total cost of revenues		115,094			21,446			—		136,540

Gross profit (loss):
Equipment rentals		18,453			4,243			—		22,696
New equipment sales		5,995			800			—		6,795
Used equipment sales		4,444			564			—		5,008
Parts sales		5,619			1,062			—		6,681
Services revenues		7,040			1,067			—		8,107
Other		(870	)		(622	)		—		(1,492	)

Gross profit		40,681			7,114			—		47,795

Selling, general and administrative expenses		31,402			6,144			—		37,546
Equity in loss of guarantor subsidiaries		(1,346	)		—			1,346		—
Gain on sales of property and equipment, net		35			17			—		52

Income from operations		7,968			987			1,346		10,301

Other income (expense):
Interest expense		(4,839	)		(2,339	)		—		(7,178	)
Other, net		179			6			—		185

Total other expense, net		(4,660	)		(2,333	)		—		(6,993	)

Income (loss) before income taxes		3,308			(1,346	)		1,346		3,308
Income tax expense 69		619			—			—		619

Net income (loss)	$	2,689		$	(1,346	)	$	1,346	$	2,689


	Six Months Ended June 30, 2012
	H&E Equipment Services			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Revenues:
Equipment rentals	$	106,886		$	23,247		$	—	$	130,133
New equipment sales		92,401			13,300			—		105,701
Used equipment sales		39,739			10,371			—		50,110
Parts sales		40,751			7,352			—		48,103
Services revenues		23,485			3,694			—		27,179
Other		17,652			3,811			—		21,463

Total revenues		320,914			61,755			—		382,689

Cost of revenues:
Rental depreciation		38,351			9,226			—		47,577
Rental expense		19,097			4,699			—		23,796
New equipment sales		81,656			11,922			—		93,578
Used equipment sales		27,086			7,941			—		35,027
Parts sales		29,487			5,247			—		34,734
Services revenues		9,009			1,283			—		10,292
Other		16,678			4,121			—		20,799

Total cost of revenues		221,364			44,439			—		265,803

Gross profit (loss):
Equipment rentals		49,438			9,322			—		58,760
New equipment sales		10,745			1,378			—		12,123
Used equipment sales		12,653			2,430			—		15,083
Parts sales		11,264			2,105			—		13,369
Services revenues		14,476			2,411			—		16,887
Other		974			(310	)		—		664

Gross profit		99,550			17,336			—		116,886

Selling, general and administrative expenses		68,277			13,825			—		82,102
Equity in loss of guarantor subsidiaries		(849	)		—			849		—
Gain on sales of property and equipment, net		786			178			—		964

Income from operations		31,210			3,689			849		35,748

Other income (expense):
Interest expense		(9,275	)		(4,568	)		—		(13,843	)
Other, net		478			30			—		508

Total other expense, net		(8,797	)		(4,538	)		—		(13,335	)

Income (loss) before income taxes		22,413			(849	)		849		22,413
Income tax expense		7,990			—			—		7,990

Net income (loss)	$	14,423		$	(849	)	$	849	$	14,423


	Six Months Ended June 30, 2011
	H&E Equipment Services, Inc.			Guarantor Subsidiaries			Elimination		Consolidated
	(Amounts in thousands)
Revenues:
Equipment rentals	$	83,748		$	20,502		$	—	$	104,250
New equipment sales		75,925			11,161			—		87,086
Used equipment sales		31,823			6,660			—		38,483
Parts sales		39,299			7,220			—		46,519
Services revenues		22,777			3,104			—		25,881
Other		13,922			3,102			—		17,024

Total revenues		267,494			51,749			—		319,243

Cost of revenues:
Rental depreciation		32,989			9,081			—		42,070
Rental expense		18,074			4,234			—		22,308
New equipment sales		67,296			9,852			—		77,148
Used equipment sales		24,175			5,445			—		29,620
Parts sales		28,834			5,267			—		34,101
Services revenues		8,998			1,050			—		10,048
Other		16,548			4,489			—		21,037

Total cost of revenues		196,914			39,418			—		236,332

Gross profit (loss):
Equipment rentals		32,685			7,187			—		39,872
New equipment sales		8,629			1,309			—		9,938
Used equipment sales		7,648			1,215			—		8,863
Parts sales		10,465			1,953			—		12,418
Services revenues		13,779			2,054			—		15,833
Other		(2,626	)		(1,387	)		—		(4,013	)

Gross profit		70,580			12,331			—		82,911

Selling, general and administrative expenses		62,839			12,800			—		75,639
Equity in loss of guarantor subsidiaries		(5,061	)		—			5,061		—
Gain on sales of property and equipment, net		128			21			—		149

Income (loss) from operations		2,808			(448	)		5,061		7,421

Other income (expense):
Interest expense		(9,760	)		(4,625	)		—		(14,385	)
Other, net		496			12			—		508

Total other expense, net		(9,264	)		(4,613	)		—		(13,877	)

Loss before income taxes		(6,456	)		(5,061	)		5,061		(6,456	)
Income tax benefit		(2,672	)		—			—		(2,672	)

Net loss	$	(3,784	)	$	(5,061	)	$	5,061	$	(3,784	)

Condensed Statement of Cash Flows


	Six Months Ended June 30, 2012
	H&E Equipment Services			Guarantor Subsidiaries			Elimination			Consolidated
	(Amounts in thousands)
Cash flows from operating activities:
Net income (loss)	$	14,423		$	(849	)	$	849		$	14,423
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization on property and equipment		5,663			875			—			6,538
Depreciation on rental equipment		38,351			9,226			—			47,577
Amortization of loan discounts and deferred financing costs		669			—			—			669
Amortization of intangible assets		—			50			—			50
Provision for losses on accounts receivable		1,203			528			—			1,731
Provision for inventory obsolescence		31			—			—			31
Provision for deferred income taxes		1,619			—			—			1,619
Stock-based compensation expense		797			—			—			797
Gain on sales of property and equipment, net		(786	)		(178	)		—			(964	)
Gain on sales of rental equipment, net		(11,965	)		(2,394	)		—			(14,359	)
Writedown of goodwill for tax-deductible goodwill in excess of book goodwill		972			—			—			972
Equity in loss of guarantor subsidiaries		849			—			(849	)		—
Changes in operating assets and liabilities:
Receivables, net		(1,540	)		(2,805	)		—			(4,345	)
Inventories, net		(59,008	)		(11,105	)		—			(70,113	)
Prepaid expenses and other assets		(275	)		(17	)		—			(292	)
Accounts payable		16,094			2,295			—			18,389
Manufacturer flooring plans payable		5,207			525			—			5,732
Accrued expenses payable and other liabilities		9,830			(16	)		—			9,814
Intercompany balances		(16,144	)		16,144			—			—
Deferred compensation payable		(64	)		—			—			(64	)

Net cash provided by operating activities		5,928			12,279			—			18,205

Cash flows from investing activities:
Purchases of property and equipment		(17,575	)		(1,847	)		—			(19,422	)
Purchases of rental equipment		(99,181	)		(20,393	)		—			(119,574	)
Proceeds from sales of property and equipment		1,218			122			—			1,340
Proceeds from sales of rental equipment		34,669			9,917			—			44,586

Net cash used in investing activities .		(80,869	)		(12,201	)		—			(93,070	)

Cash flows from financing activities:
Purchases of treasury stock		(291	)		—			—			(291	)
Excess tax benefit (deficiency) from stock-based awards		286			—			—			286
Borrowings on senior secured credit facility		462,578			—			—			462,578
Payments on senior secured credit facility		(407,370	)		—			—			(407,370	)
Payments of deferred financing costs		(783	)		—			—			(783	)
Payments on capital lease obligations		—			(78	)		—			(78	)

Net cash provided by (used in) financing activities		54,420			(78	)		—			54,342

Net decrease in cash		(20,523	)		—			—			(20,523	)
Cash, beginning of period		24,215			—			—			24,215

Cash, end of period	$	3,692		$	—		$	—		$	3,692


	Six Months Ended June 30, 2011
	H&E Equipment Services, Inc.			Guarantor Subsidiaries			Elimination			Consolidated
	(Amounts in thousands)
Cash flows from operating activities:
Net loss	$	(3,784	)	$	(5,061	)	$	5,061		$	(3,784	)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization on property and equipment		5,232			1,015			—			6,247
Depreciation on rental equipment		32,989			9,081			—			42,070
Amortization of loan discounts and deferred financing costs		694			—			—			694
Amortization of intangible assets		—			247			—			247
Provision for losses on accounts receivable		1,803			(352	)		—			1,451
Provision for inventory obsolescence		139			—			—			139
Decrease in deferred income taxes		(2,770	)		—			—			(2,770	)
Stock-based compensation expense		660			—			—			660
Gain on sales of property and equipment, net		(128	)		(21	)		—			(149	)
Gain on sales of rental equipment, net		(6,961	)		(1,233	)		—			(8,194	)
Equity in loss of guarantor subsidiaries		5,061			—			(5,061	)		—
Changes in operating assets and liabilities:
Receivables, net		3,122			(2,996	)		—			126
Inventories, net		(25,186	)		(4,850	)		—			(30,036	)
Prepaid expenses and other assets		431			28			—			459
Accounts payable		(3,670	)		(255	)		—			(3,925	)
Manufacturer flooring plans payable		(8,626	)		34			—			(8,592	)
Accrued expenses payable and other liabilities		441			270			—			711
Intercompany balances		(12,122	)		12,122			—			—
Deferred compensation payable		(28	)		—			—			(28	)

Net cash provided by (used in) operating activities		(12,703	)		8,029			—			(4,674	)

Cash flows from investing activities:
Purchases of property and equipment		(5,315	)		(978	)		—			(6,293	)
Purchases of rental equipment		(41,510	)		(12,823	)		—			(54,333	)
Proceeds from sales of property and equipment		200			60			—			260
Proceeds from sales of rental equipment		21,102			5,785			—			26,887

Net cash used in investing activities		(25,523	)		(7,956	)		—			(33,479	)

Cash flows from financing activities:
Purchases of treasury stock		(461	)		—			—			(461	)
Borrowings on senior secured credit facility		170,540			—			—			170,540
Payments on senior secured credit facility		(155,316	)		—			—			(155,316	)
Payments on capital lease obligations		—			(73	)		—			(73	)

Net cash provided by (used in) financing activities		14,763			(73	)		—			14,690

Net decrease in cash		(23,463	)		—			—			(23,463	)
Cash, beginning of period		29,149			—			—			29,149

Cash, end of period	$	5,686		$	—		$	—		$	5,686

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Estimated incremental borrowing rates for similar types of borrowing agreements
Capital lease payable with interest computed at 5.929% to 9.55%	$ 2,527	$ 2,605
Carrying Amount [Member]
Estimated incremental borrowing rates for similar types of borrowing agreements
Manufacturer flooring plans payable with interest computed	64,050	58,318
Senior unsecured notes with interest compounded at 8.375%	250,000	250,000
Capital lease payable with interest computed at 5.929% to 9.55%	2,527	2,605
Fair Value [Member]
Estimated incremental borrowing rates for similar types of borrowing agreements
Manufacturer flooring plans payable with interest computed	56,532	52,069
Senior unsecured notes with interest compounded at 8.375%	255,000	252,500
Capital lease payable with interest computed at 5.929% to 9.55%	1,965	1,839
Letters of credit	$ 130	$ 192

Stockholders Equity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Stockholders Equity (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Summary of activity in Stockholders' Equity
Common stock issued, beginning balance, shares			38,808,941
Stockholders' equity, beginning balance, value			$ 264,207
Stock-based compensation, value			797
Tax benefits associated with stock-based awards			286
Repurchase of 35,982 shares of restricted common stock, value			(291)	$ 461
Net income	$ 10,468	$ 2,689	$ 14,423	$ (3,784)
Common stock issued, ending balance, shares	38,814,509		38,814,509
Stockholders' equity, ending balance, Value	$ 279,422		$ 279,422
Common Stock [Member]
Summary of activity in Stockholders' Equity
Common stock issued, beginning balance, shares			38,808,941
Stockholders' equity, beginning balance, value			$ 387
Issuance of non-vested restricted common stock			5,568
Repurchase of 35,982 shares of restricted common stock, shares
Common stock issued, ending balance, shares	38,814,509		38,814,509
Stockholders' equity, ending balance, Value	$ 387		$ 387
Additional Paid-in Capital [Member]
Summary of activity in Stockholders' Equity
Stockholders' equity, beginning balance, value			210,695
Stock-based compensation, value			797
Tax benefits associated with stock-based awards			286
Stockholders' equity, ending balance, Value	211,778		211,778
Treasury Stock [Member]
Summary of activity in Stockholders' Equity
Stockholders' equity, beginning balance, value			(56,884)
Repurchase of 35,982 shares of restricted common stock, value			(291)
Stockholders' equity, ending balance, Value	(57,175)		(57,175)
Retained Earnings [Member]
Summary of activity in Stockholders' Equity
Stockholders' equity, beginning balance, value			110,009
Net income			14,423
Stockholders' equity, ending balance, Value	$ 124,432		$ 124,432

Stock-Based Compensation (Details)	6 Months Ended
Stock-Based Compensation (Details)	Jun. 30, 2012 $ / shares shares
Schedule of non-vested stock activity
Nonvested stock, beginning balance, Number of Shares \| shares	278,634
Nonvested stock, beginning balance, Weighted Average Grant Date Fair Value \| $ / shares	$ 10.77
Granted, Number of Shares \| shares	5,568
Granted, Weighted Average Grant Date Fair Value \| $ / shares	$ 16.18
Vested, Number of Shares \| shares	(118,485)
Vested, Weighted Average Grant Date Fair Value \| $ / shares	$ 8.06
Forfeited, Number of Shares \| shares	(3,465)
Forfeited, Weighted Average Grant Date Fair Value \| $ / shares	$ 10.87
Nonvested stock, ending balance, Number of Shares \| shares	162,252
Nonvested stock, ending balance, Weighted Average Grant Date Fair Value \| $ / shares	$ 12.93

- Definition

The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units.

+ References + Details

Stock-Based Compensation (Details 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Schedule of compensation expense related to non-vested stock
Compensation expense	$ 465	$ 362	$ 797	$ 660

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

Stock-Based Compensation (Details 2)	6 Months Ended
Stock-Based Compensation (Details 2)	Jun. 30, 2012 $ / shares shares
Schedule of share based compensation stock options activity
Stock Options, Outstanding, Number of Shares, Beginning Balance \| shares	51,000
Stock Options, Outstanding, Weighted Average Exercise Price, Beginning Balance \| $ / shares	$ 24.80
Stock Options, Granted, Number of Shares \| shares
Stock Options, Granted, Weighted Average Exercise Price \| $ / shares
Stock Options, Exercised, Number of Shares \| shares
Stock Options, Exercised, Weighted Average Exercise Price \| $ / shares
Stock Options, Canceled, forfeited or expired, Number of Shares \| shares
Stock Options, Canceled, forfeited or expired, Weighted Average Exercise Price \| $ / shares
Stock Options, Outstanding, Number of Shares, Ending Balance \| shares	51,000
Stock Options, Outstanding, Weighted Average Exercise Price, Ending Balance \| $ / shares	$ 24.80
Stock Options, Outstanding, Weighted Average Contractual Life In Years	4 years
Stock Options, Exercisable, Number of Shares \| shares	51,000
Stock Options, Exercisable, Weighted Average Exercise Price \| $ / shares	$ 24.80
Stock Options, Exercisable, Weighted Average Contractual Life In Years	4 years

Stock-Based Compensation (Details Textual)	6 Months Ended
Stock-Based Compensation (Details Textual)	Jun. 30, 2012 USD ($) $ / shares shares
Stock-Based Compensation (Textual) [Abstract]
Stock-Based incentive compensation plan \| shares	3,823,511
Unrecognized compensation expense related to non-vested stock	$ 1,300,000
Expected non-vested stock recognized over a weighted-average period	2 years
Closing price of common stock \| $ / shares	$ 15.03
Unrecognized compensation expense related to stock option awards	$ 0

Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Basic net income (loss) per share:
Net income (loss)	$ 10,468	$ 2,689	$ 14,423	$ (3,784)
Weighted average number of common stock outstanding	34,838	34,725	34,822	34,713
Net income (loss) per common stock basic	$ 0.30	$ 0.08	$ 0.41	$ (0.11)
Diluted net income (loss) per share:
Net income (loss)	$ 10,468	$ 2,689	$ 14,423	$ (3,784)
Weighted average number of common stock outstanding	34,838	34,725	34,822	34,713
Effect of dilutive securities:
Weighted average number of common stock outstanding-diluted	34,964	34,906	34,957	34,713
Net income (loss) per common stock-diluted	$ 0.30	$ 0.08	$ 0.41	$ (0.11)
Stock Options [Member]
Effect of dilutive securities:
Effect of dilutive non-vested restricted stock
Common shares excluded from the denominator as anti-dilutive:
Common shares excluded from the denominator as anti-dilutive:	51	51	51	51
Non-vested restricted stock [Member]
Effect of dilutive securities:
Effect of dilutive non-vested restricted stock	126	181	135
Common shares excluded from the denominator as anti-dilutive:
Common shares excluded from the denominator as anti-dilutive:	3,558		1,727	209

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Segment Information (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Revenues:
Total revenues	$ 209,024	$ 184,335	$ 382,689	$ 319,243
Gross Profit (Loss):
Total gross profit	64,235	47,795	116,886	82,911
Segment identified assets:
Total assets	859,140		859,140		$ 753,305
Equipment rentals [Member]
Revenues:
Total revenues	70,504	55,772	130,133	104,250
Gross Profit (Loss):
Total gross profit	33,488	22,696	58,760	39,872
Segment identified assets:
Total assets	518,425		518,425		450,877
New equipment sales [Member]
Revenues:
Total revenues	64,704	57,913	105,701	87,086
Gross Profit (Loss):
Total gross profit	7,071	6,795	12,123	9,938
Used equipment sales [Member]
Revenues:
Total revenues	23,588	23,066	50,110	38,483
Gross Profit (Loss):
Total gross profit	7,183	5,008	15,083	8,863
Segment identified assets:
Total assets	94,051		94,051		52,572
Parts sales [Member]
Revenues:
Total revenues	24,725	24,942	48,103	46,519
Gross Profit (Loss):
Total gross profit	6,920	6,681	13,369	12,418
Services revenues [Member]
Revenues:
Total revenues	13,879	13,244	27,179	25,881
Gross Profit (Loss):
Total gross profit	8,711	8,107	16,887	15,833
Parts and services [Member]
Segment identified assets:
Total assets	15,404		15,404		12,579
Reportable Segment [Member]
Revenues:
Total revenues	197,400	174,937	361,226	302,219
Gross Profit (Loss):
Total gross profit	63,373	49,287	116,222	86,924
Segment identified assets:
Total assets	627,880		627,880		516,028
Non Segment Revenues [Member]
Revenues:
Total revenues	11,624	9,398	21,463	17,024
Gross Profit (Loss):
Total gross profit	862	$ (1,492)	664	$ (4,013)
Segment identified assets:
Total assets	$ 231,260		$ 231,260		$ 237,277

Segment Information (Details Textual)	3 Months Ended		6 Months Ended
Segment Information (Details Textual)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012 Segment Customer	Jun. 30, 2011
Segment Information (Textual) [Abstract]
Sales to international customers	5.50%	1.40%	3.80%	3.40%
No customer accounted 10% of revenue \| Customer			0
Number of reportable segment \| Segment			5

Condensed Consolidating Financial Information of Guarantor Subsidiaries (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011	Jun. 30, 2011	Dec. 31, 2010
Assets:
Cash	$ 3,692	$ 24,215	$ 5,686	$ 29,149
Receivables, net	107,953	105,339
Inventories, net	109,455	65,151
Prepaid expenses and other assets	5,515	5,223
Rental equipment, net	518,425	450,877
Property and equipment, net	75,283	62,775
Deferred financing costs, net	5,754	5,640
Intangible assets, net	17	66
Investment in guarantor subsidiaries
Goodwill	33,046	34,019
Total assets	859,140	753,305
Liabilities and Stockholders' Equity:
Amounts due on senior secured credit facility	71,263	16,055
Accounts payable	81,395	63,006
Manufacturer flooring plans payable	64,050	58,318
Accrued expenses payable and other liabilities	48,304	38,490
Intercompany balances
Senior unsecured notes	250,000	250,000
Capital lease payable	2,527	2,605
Deferred income taxes	60,235	58,616
Deferred compensation payable	1,944	2,008
Total liabilities	579,718	489,098
Stockholders' equity (deficit)	279,422	264,207
Total liabilities and stockholders' equity	859,140	753,305
H & E Equipment Services [Member]
Assets:
Cash	3,692	24,215	$ 5,686	$ 29,149
Receivables, net	94,177	93,840
Inventories, net	92,301	55,052
Prepaid expenses and other assets	5,374	5,098
Rental equipment, net	426,422	366,568
Property and equipment, net	63,501	52,021
Deferred financing costs, net	5,754	5,640
Investment in guarantor subsidiaries	(25,991)	(25,142)
Goodwill	3,520	4,493
Total assets	668,750	581,785
Liabilities and Stockholders' Equity:
Amounts due on senior secured credit facility	71,263	16,055
Accounts payable	75,189	59,095
Manufacturer flooring plans payable	63,456	58,249
Accrued expenses payable and other liabilities	47,616	37,786
Intercompany balances	(180,375)	(164,231)
Senior unsecured notes	250,000	250,000
Deferred income taxes	60,235	58,616
Deferred compensation payable	1,944	2,008
Total liabilities	389,328	317,578
Stockholders' equity (deficit)	279,422	264,207
Total liabilities and stockholders' equity	668,750	581,785
Guarantor Subsidiaries [Member]
Assets:
Receivables, net	13,776	11,499
Inventories, net	17,154	10,099
Prepaid expenses and other assets	141	125
Rental equipment, net	92,003	84,309
Property and equipment, net	11,782	10,754
Intangible assets, net	17	66
Goodwill	29,526	29,526
Total assets	164,399	146,378
Liabilities and Stockholders' Equity:
Accounts payable	6,206	3,911
Manufacturer flooring plans payable	594	69
Accrued expenses payable and other liabilities	688	704
Intercompany balances	180,375	164,231
Capital lease payable	2,527	2,605
Total liabilities	190,390	171,520
Stockholders' equity (deficit)	(25,991)	(25,142)
Total liabilities and stockholders' equity	164,399	146,378
Elimination [Member]
Assets:
Investment in guarantor subsidiaries	25,991	25,142
Total assets	25,991	25,142
Liabilities and Stockholders' Equity:
Stockholders' equity (deficit)	25,991	25,142
Total liabilities and stockholders' equity	$ 25,991	$ 25,142

Condensed Consolidating Financial Information of Guarantor Subsidiaries (Details 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues:
Equipment rentals	$ 70,504	$ 55,772	$ 130,133	$ 104,250
New equipment sales	64,704	57,913	105,701	87,086
Used equipment sales	23,588	23,066	50,110	38,483
Parts sales	24,725	24,942	48,103	46,519
Services revenues	13,879	13,244	27,179	25,881
Other	11,624	9,398	21,463	17,024
Total revenues	209,024	184,335	382,689	319,243
Cost of revenues:
Rental depreciation	24,763	21,507	47,577	42,070
Rental expense	12,253	11,569	23,796	22,308
New equipment sales	57,633	51,118	93,578	77,148
Used equipment sales	16,405	18,058	35,027	29,620
Parts sales	17,805	18,261	34,734	34,101
Services revenues	5,168	5,137	10,292	10,048
Other	10,762	10,890	20,799	21,037
Total cost of revenues	144,789	136,540	265,803	236,332
Gross profit (loss):
Gross profit	64,235	47,795	116,886	82,911
Selling, general and administrative expenses	41,399	37,546	82,102	75,639
Gain on sales of property and equipment, net	641	52	964	149
Income from operations	23,477	10,301	35,748	7,421
Other income (expense):
Interest expense	(6,973)	(7,178)	(13,843)	(14,385)
Other, net	151	185	508	508
Total other expense, net	(6,822)	(6,993)	(13,335)	(13,877)
Income (loss) before provision for income taxes	16,655	3,308	22,413	(6,456)
Income tax expense	6,187	619	7,990	(2,672)
Net income (loss)	10,468	2,689	14,423	(3,784)
Equipment rentals [Member]
Revenues:
Total revenues	70,504	55,772	130,133	104,250
Gross profit (loss):
Gross profit	33,488	22,696	58,760	39,872
New equipment sales [Member]
Revenues:
Total revenues	64,704	57,913	105,701	87,086
Gross profit (loss):
Gross profit	7,071	6,795	12,123	9,938
Used equipment sales [Member]
Revenues:
Total revenues	23,588	23,066	50,110	38,483
Gross profit (loss):
Gross profit	7,183	5,008	15,083	8,863
Parts sales [Member]
Revenues:
Total revenues	24,725	24,942	48,103	46,519
Gross profit (loss):
Gross profit	6,920	6,681	13,369	12,418
Services revenues [Member]
Revenues:
Total revenues	13,879	13,244	27,179	25,881
Gross profit (loss):
Gross profit	8,711	8,107	16,887	15,833
Other [Member]
Revenues:
Total revenues	11,624	9,398	21,463	17,024
Gross profit (loss):
Gross profit	862	(1,492)	664	(4,013)
H & E Equipment Services [Member]
Revenues:
Equipment rentals	57,600	44,675	106,886	83,748
New equipment sales	55,091	51,271	92,401	75,925
Used equipment sales	18,722	19,503	39,739	31,823
Parts sales	20,956	20,990	40,751	39,299
Services revenues	11,987	11,632	23,485	22,777
Other	9,527	7,704	17,652	13,922
Total revenues	173,883	155,775	320,914	267,494
Cost of revenues:
Rental depreciation	19,953	16,881	38,351	32,989
Rental expense	9,775	9,341	19,097	18,074
New equipment sales	48,980	45,276	81,656	67,296
Used equipment sales	12,819	15,059	27,086	24,175
Parts sales	15,104	15,371	29,487	28,834
Services revenues	4,510	4,592	9,009	8,998
Other	8,639	8,574	16,678	16,548
Total cost of revenues	119,780	115,094	221,364	196,914
Gross profit (loss):
Gross profit	54,103	40,681	99,550	70,580
Selling, general and administrative expenses	34,456	31,402	68,277	62,839
Equity in loss of guarantor subsidiaries	836	(1,346)	(849)	(5,061)
Gain on sales of property and equipment, net	625	35	786	128
Income from operations	21,108	7,968	31,210	2,808
Other income (expense):
Interest expense	4,586	(4,839)	(9,275)	(9,760)
Other, net	133	179	478	496
Total other expense, net	(4,453)	(4,660)	(8,797)	(9,264)
Income (loss) before provision for income taxes	16,655	3,308	22,413	(6,456)
Income tax expense	6,187	619	7,990	(2,672)
Net income (loss)	10,468	2,689	14,423	(3,784)
H & E Equipment Services [Member] \| Equipment rentals [Member]
Gross profit (loss):
Gross profit	27,872	18,453	49,438	32,685
H & E Equipment Services [Member] \| New equipment sales [Member]
Gross profit (loss):
Gross profit	6,111	5,995	10,745	8,629
H & E Equipment Services [Member] \| Used equipment sales [Member]
Gross profit (loss):
Gross profit	5,903	4,444	12,653	7,648
H & E Equipment Services [Member] \| Parts sales [Member]
Gross profit (loss):
Gross profit	5,852	5,619	11,264	10,465
H & E Equipment Services [Member] \| Services revenues [Member]
Gross profit (loss):
Gross profit	7,477	7,040	14,476	13,779
H & E Equipment Services [Member] \| Other [Member]
Gross profit (loss):
Gross profit	888	(870)	974	(2,626)
Guarantor Subsidiaries [Member]
Revenues:
Equipment rentals	12,904	11,097	23,247	20,502
New equipment sales	9,613	6,642	13,300	11,161
Used equipment sales	4,866	3,563	10,371	6,660
Parts sales	3,769	3,952	7,352	7,220
Services revenues	1,892	1,612	3,694	3,104
Other	2,097	1,694	3,811	3,102
Total revenues	35,141	28,560	61,755	51,749
Cost of revenues:
Rental depreciation	4,810	4,626	9,226	9,081
Rental expense	2,478	2,228	4,699	4,234
New equipment sales	8,653	5,842	11,922	9,852
Used equipment sales	3,586	2,999	7,941	5,445
Parts sales	2,701	2,890	5,247	5,267
Services revenues	658	545	1,283	1,050
Other	2,123	2,316	4,121	4,489
Total cost of revenues	25,009	21,446	44,439	39,418
Gross profit (loss):
Gross profit	10,132	7,114	17,336	12,331
Selling, general and administrative expenses	6,943	6,144	13,825	12,800
Gain on sales of property and equipment, net	16	17	178	21
Income from operations	3,205	987	3,689	(448)
Other income (expense):
Interest expense	(2,387)	(2,339)	(4,568)	(4,625)
Other, net	18	6	30	12
Total other expense, net	(2,369)	(2,333)	(4,538)	(4,613)
Income (loss) before provision for income taxes	836	(1,346)	(849)	(5,061)
Net income (loss)	36	(1,346)	(849)	(5,061)
Guarantor Subsidiaries [Member] \| Equipment rentals [Member]
Gross profit (loss):
Gross profit	5,616	4,243	9,322	7,187
Guarantor Subsidiaries [Member] \| New equipment sales [Member]
Gross profit (loss):
Gross profit	960	800	1,378	1,309
Guarantor Subsidiaries [Member] \| Used equipment sales [Member]
Gross profit (loss):
Gross profit	1,280	564	2,430	1,215
Guarantor Subsidiaries [Member] \| Parts sales [Member]
Gross profit (loss):
Gross profit	1,068	1,062	2,105	1,953
Guarantor Subsidiaries [Member] \| Services revenues [Member]
Gross profit (loss):
Gross profit	1,234	1,067	2,411	2,054
Guarantor Subsidiaries [Member] \| Other [Member]
Gross profit (loss):
Gross profit	(26)	(622)	(310)	(1,387)
Elimination [Member]
Gross profit (loss):
Equity in loss of guarantor subsidiaries	(836)	1,346	849	5,061
Income from operations	(836)	1,346	849	5,061
Other income (expense):
Income (loss) before provision for income taxes	(836)	1,346	849	5,061
Net income (loss)	$ (836)	$ 1,346	$ 849	$ 5,061

Condensed Consolidating Financial Information of Guarantor Subsidiaries (Details 2) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Mar. 31, 2011	Jun. 30, 2012	Jun. 30, 2011
Cash flows from operating activities:
Net income (loss)	$ 10,468	$ 2,689		$ 14,423	$ (3,784)
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:
Depreciation and amortization on property and equipment				6,538	6,247
Depreciation on rental equipment	24,763	21,507		47,577	42,070
Amortization of loan discounts and deferred financing costs				669	694
Amortization of intangible assets				50	247
Provision for losses on accounts receivable				1,731	1,451
Provision for inventory obsolescence				31	139
(Increase) decrease in deferred income taxes				1,619	(2,770)
Stock-based compensation expense				797	660
Gain on sales of property and equipment, net	(641)	(52)		(964)	(149)
Gain on sales of rental equipment, net				(14,359)	(8,194)
Writedown of goodwill for tax-deductible goodwill in excess of book goodwill				972
Changes in operating assets and liabilities:
Receivables, net				(4,345)	126
Inventories, net				(70,113)	(30,036)
Prepaid expenses and other assets				(292)	459
Accounts payable				18,389	(3,925)
Manufacturer flooring plans payable				5,732	(8,592)
Accrued expenses payable and other liabilities				9,814	711
Deferred compensation payable				(64)	(28)
Net cash provided by (used in) operating activities				18,205	(4,674)
Cash flows from investing activities:
Purchases of property and equipment				(19,422)	(6,293)
Purchases of rental equipment				(119,574)	(54,333)
Proceeds from sales of property and equipment				1,340	260
Proceeds from sales of rental equipment				44,586	26,887
Net cash used in investing activities				(93,070)	(33,479)
Cash flows from financing activities:
Purchases of treasury stock				291	(461)
Excess tax benefit (deficiency) from stock-based awards				286
Borrowings on senior secured credit facility				462,578	170,540
Payments on senior secured credit facility				(407,370)	(155,316)
Payments of deferred financing costs				783
Payments of capital lease obligations			$ (73)	(78)	(73)
Net cash provided by financing activities				54,342	14,690
Net decrease in cash				(20,532)	(23,463)
Cash, beginning of period			29,149	24,215	29,149
Cash, end of period	3,692	5,686		3,692	5,686
H & E Equipment Services [Member]
Cash flows from operating activities:
Net income (loss)	10,468	2,689		14,423	(3,784)
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:
Depreciation and amortization on property and equipment				5,663	5,232
Depreciation on rental equipment	19,953	16,881		38,351	32,989
Amortization of loan discounts and deferred financing costs				669	694
Provision for losses on accounts receivable				1,203	1,803
Provision for inventory obsolescence				31	139
(Increase) decrease in deferred income taxes				1,619	(2,770)
Stock-based compensation expense				797	660
Gain on sales of property and equipment, net	(625)	(35)		(786)	(128)
Gain on sales of rental equipment, net				(11,965)	(6,961)
Writedown of goodwill for tax-deductible goodwill in excess of book goodwill				972
Equity in Loss of guarantor subsidiaries				849	5,061
Changes in operating assets and liabilities:
Receivables, net				(1,540)	3,122
Inventories, net				(59,008)	(25,186)
Prepaid expenses and other assets				(275)	431
Accounts payable				16,094	(3,670)
Manufacturer flooring plans payable				5,207	(8,626)
Accrued expenses payable and other liabilities				9,830	441
Intercompany balances				(16,144)	(12,122)
Deferred compensation payable				(64)	(28)
Net cash provided by (used in) operating activities				5,928	(12,703)
Cash flows from investing activities:
Purchases of property and equipment				(17,575)	(5,315)
Purchases of rental equipment				(99,181)	(41,510)
Proceeds from sales of property and equipment				1,218	200
Proceeds from sales of rental equipment				34,669	21,102
Net cash used in investing activities				(80,869)	(25,523)
Cash flows from financing activities:
Purchases of treasury stock				(291)	(461)
Excess tax benefit (deficiency) from stock-based awards				286
Borrowings on senior secured credit facility				462,578	170,540
Payments on senior secured credit facility				(407,370)	(155,316)
Payments of deferred financing costs				783
Payments of capital lease obligations
Net cash provided by financing activities				54,420	14,763
Net decrease in cash				(20,523)	(23,463)
Cash, beginning of period			$ 29,149	24,215	29,149
Cash, end of period	3,692	5,686		3,692	5,686
Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net income (loss)	36	(1,346)		(849)	(5,061)
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:
Depreciation and amortization on property and equipment				875	1,015
Depreciation on rental equipment	4,810	4,626		9,226	9,081
Amortization of intangible assets				50	247
Provision for losses on accounts receivable				528	(352)
Gain on sales of property and equipment, net	(16)	(17)		(178)	(21)
Gain on sales of rental equipment, net				(2,394)	(1,233)
Changes in operating assets and liabilities:
Receivables, net				(2,805)	(2,996)
Inventories, net				(11,105)	(4,850)
Prepaid expenses and other assets				(17)	28
Accounts payable				2,295	(255)
Manufacturer flooring plans payable				525	34
Accrued expenses payable and other liabilities				(16)	270
Intercompany balances				16,144	12,122
Net cash provided by (used in) operating activities				12,279	8,029
Cash flows from investing activities:
Purchases of property and equipment				(1,847)	(978)
Purchases of rental equipment				(20,393)	(12,823)
Proceeds from sales of property and equipment				122	60
Proceeds from sales of rental equipment				9,917	5,785
Net cash used in investing activities				(12,201)	(7,956)
Cash flows from financing activities:
Payments of capital lease obligations				(78)	(73)
Net cash provided by financing activities				(78)	(73)
Elimination [Member]
Cash flows from operating activities:
Net income (loss)	$ (836)	$ 1,346		849	5,061
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:
Equity in Loss of guarantor subsidiaries				$ (849)	$ (5,061)