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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Manufacturing (including revenues from affiliates of $62,698 and $195,068 for the three and nine months ended September 30, 2014, respectively, and $65,678 and $148,660 for the same periods in 2013) $ 128,270 $ 170,943 $ 488,597 $ 476,160
Railcar Leasing 17,219 8,301 42,850 22,371
Railcar Services (including revenues from affiliates of $4,912 and $13,574 for the three and nine months ended September 30, 2014, respectively, and $4,307 and $13,461 for the same periods in 2013) 17,353 19,655 51,019 54,882
Total revenues 162,842 198,899 582,466 553,413
Cost of revenues:        
Manufacturing (95,609) (136,974) (374,007) (371,806)
Railcar Leasing (6,319) (3,524) (16,192) (9,729)
Railcar Services (14,065) (15,614) (40,854) (43,063)
Total cost of revenues (115,993) (156,112) (431,053) (424,598)
Gross profit 46,849 42,787 151,413 128,815
Selling, general and administrative (7,570) (7,161) (23,777) (22,091)
Earnings from operations 39,279 35,626 127,636 106,724
Interest income (including income from related parties of $603 and $1,843 for the three and nine months ended September 30, 2014, respectively, and $669 and $2,026 for the same periods in 2013) 608 672 1,868 2,042
Interest expense (1,849) (1,512) (5,364) (5,853)
Loss on debt extinguishment 0 0 (1,896) (392)
Other income 63 16 95 2,024
Earnings (Loss) from joint ventures 3 (505) (263) (2,282)
Earnings before income taxes 38,104 34,297 122,076 102,263
Income tax expense (14,280) (13,327) (45,266) (39,737)
Net earnings $ 23,824 $ 20,970 $ 76,810 $ 62,526
Net earnings per common share—basic and diluted (in dollars per share) $ 1.12 $ 0.98 $ 3.60 $ 2.93
Weighted average common shares outstanding—basic and diluted (in shares) 21,352 21,352 21,352 21,352
Cash dividends declared per common share (in dollars per share) $ 0.40 $ 0.25 $ 1.20 $ 0.75