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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash $ 11,064 $ 14,393
Accounts receivable (owned fleet), net of allowance for doubtful accounts of $1,143 and $2,182 at June 30, 2011 and December 31, 2010, respectively 19,975 20,874
Accounts receivable (managed fleet) 19,863 19,496
Current portion of direct finance leases 3,276 3,948
Prepaid expenses 6,472 6,645
Deferred tax assets 1,875 1,931
Other current assets 2,910 1,364
Total current assets 65,435 68,651
Container rental equipment, net of accumulated depreciation of $94,706 and $85,596 at June 30, 2011 and December 31, 2010, respectively 738,659 530,939
Net investment in direct finance leases 11,236 7,886
Furniture, fixtures and equipment, net of accumulated depreciation of $780 and $548 at June 30, 2011 and December 31, 2010, respectively 2,229 2,383
Intangible assets, net of accumulated amortization of $6,053 and $5,982 at June 30, 2011 and December 31, 2010 respectively 3,000 3,593
Total assets 820,559 613,452
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 2,327 2,411
Accrued expenses and other current liabilities 5,231 5,408
Due to container investors 24,132 23,283
Unearned revenue 5,799 5,724
Current portion of term loans 15,600 24,800
Current portion of capital lease obligations 3,479 4,438
Rental equipment payable 72,094 88,097
Total current liabilities 128,662 154,161
Revolving credit facility 256,600 51,600
Term loans 170,600 169,200
Deferred income tax liability 30,882 30,226
Capital lease obligations 9,803 10,509
Income taxes payable 82 82
Total liabilities 596,629 415,778
Stockholders' equity:    
Common stock: par value $.0001 per share; authorized 84,000,000 shares; issued and outstanding, 19,295,359 shares at June 30, 2011 and December 31, 2010 2 2
Additional paid-in capital 127,504 127,064
Accumulated other comprehensive loss (780) (2,510)
Retained earnings 78,719 55,043
Total CAI stockholders' equity 205,445 179,599
Non-controlling interest 18,485 18,075
Total stockholders' equity 223,930 197,674
Total liabilities and stockholders' equity $ 820,559 $ 613,452