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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenue    
Rental revenue $ 46,623 $ 32,487
Management fee revenue 2,230 4,201
Gain on sale of equipment portfolios 0 1,256
Finance lease income 2,106 1,463
Total revenue 50,959 39,407
Operating expenses    
Depreciation of rental equipment 15,333 10,658
Amortization of intangible assets 227 227
Gain on disposition of used rental equipment (2,636) (3,095)
Storage, handling and other expenses 4,299 2,006
Marketing, general and administrative expense 6,188 6,523
(Gain) loss on foreign exchange (300) 196
Total operating expenses 23,111 16,515
Operating income 27,848 22,892
Interest expense 8,404 5,936
Write-off of deferred financing costs 1,108 0
Interest income (3) (5)
Net interest expense 9,509 5,931
Net income before income taxes and non-controlling interest 18,339 16,961
Income tax expense 2,272 2,505
Net income 16,067 14,456
Net income attributable to non-controlling interest 0 (65)
Net income attributable to CAI common stockholders $ 16,067 $ 14,391
Net income per share attributable to CAI common stockholders    
Basic (in dollars per share) $ 0.73 $ 0.75
Diluted (in dollars per share) $ 0.71 $ 0.73
Weighted average shares outstanding    
Basic (in shares) 22,085 19,295
Diluted (in shares) 22,668 19,704