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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Manufacturing (including revenues from affiliates of $250,455, $103,679 and $1,230 in 2013, 2012 and 2011, respectively) $ 646,100 $ 633,547 $ 453,092
Railcar leasing 31,871 13,444 1,075
Railcar services (including revenues from affiliates of $17,167, $21,442 and $24,730 in 2013, 2012 and 2011, respectively) 72,621 64,732 65,218
Total revenues 750,592 711,723 519,385
Cost of revenues:      
Manufacturing (503,178) (506,083) (410,308)
Railcar leasing (13,394) (5,906) (682)
Railcar services (55,408) (51,383) (50,599)
Total cost of revenues (571,980) (563,372) (461,589)
Gross profit 178,612 148,351 57,796
Selling, general and administrative (including costs from related parties of $1,122, $586 and $582 in 2013, 2012 and 2011, respectively) (27,705) (26,931) (25,047)
Earnings from operations 150,907 121,420 32,749
Interest income (including income from related parties of $2,678, $2,902 and $2,839 in 2013, 2012 and 2011, respectively) 2,716 3,003 3,654
Interest expense (7,337) (17,765) (20,291)
Loss on debt extinguishment (392) (2,267) 0
Other income (loss) (including income from a related party of $19, $15 and $16 in 2013, 2012 and 2011, respectively) 2,037 1,905 (10)
Loss from joint ventures (8,595) (451) (7,900)
Earnings before income taxes 139,336 105,845 8,202
Income tax expense (52,440) (42,022) (3,866)
Net earnings $ 86,896 $ 63,823 $ 4,336
Net earnings per common share—basic and diluted (in dollars per share) $ 4.07 $ 2.99 $ 0.20
Weighted average common shares outstanding - basic and diluted (in shares) 21,352 21,352 21,352
Cash dividends declared per common share (in dollars per share) $ 1 $ 0.25 $ 0