Segment and Geographic Information (Tables)

3 Months Ended

Mar. 31, 2013

The following tables show segment information for the periods indicated and the consolidated totals reported (dollars in thousands):

	Three Months Ended March 31,

	2013								2012
	Equipment Leasing			Equipment Trading		Totals			Equipment Leasing			Equipment Trading		Totals
Total revenues	$	134,895		$	21,180	$	156,075		$	121,805		$	16,527	$	138,332
Equipment trading expenses		—			15,611		15,611			—			12,563		12,563
Depreciation and amortization expense		48,581			736		49,317			44,170			1,035		45,205
Net (gain) on sale of leasing equipment		(10,261	)		—		(10,261	)		(10,760	)		—		(10,760	)
Interest and debt expense		28,160			723		28,883			25,781			844		26,625
Income before income taxes(1)		51,002			3,739		54,741			46,169			1,829		47,998
Equipment held for sale at March 31		19,634			31,018		50,652			16,812			27,232		44,044
Goodwill at March 31		70,898			1,000		71,898			70,898			1,000		71,898
Total assets at March 31		3,724,228			77,879		3,802,107			3,087,464			77,413		3,164,877
Purchases of leasing equipment and investments in finance leases(2)		194,673			548		195,221			123,100			—		123,100

(1): Segment income before income taxes excludes net gains on interest rate swaps of $3.2 million and $3.0 million for the three months ended March 31, 2013 and 2012, respectively.
(2): Represents cash disbursements for purchases of leasing equipment and investments in finance lease as reflected in the consolidated statements of cash flows for the periods indicated, but excludes cash flows associated with the purchase of equipment held for resale.

Geographic allocation of revenues for the periods indicated based on the customers primary domicile and allocates equipment trading revenue based on the location of sale

The following table represents the geographic allocation of revenues for the periods indicated based on customers' primary domicile and allocates equipment trading revenue based on the location of sale (in thousands):

	Three Months Ended March 31,

	2013		2012
Total revenues:
United States of America	$	10,854	$	9,809
Asia		68,384		59,648
Europe		67,945		60,791
Other International		8,892		8,084

Total	$	156,075	$	138,332

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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- 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.

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