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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net income $ 14,231 $ 16,067
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 18,790 15,465
Amortization of debt issuance costs 687 1,692
Amortization of intangible assets 99 227
Stock-based compensation expense 409 336
Loss (gain) on foreign exchange 100 (271)
Gain on disposition of used rental equipment (1,790) (2,636)
Deferred income taxes (2) (101)
Bad debt expense   170
Changes in other operating assets and liabilities:    
Accounts receivable (3,418) 429
Prepaid expenses and other assets (29) 68
Accounts payable, accrued expenses and other current liabilities (2,119) (4,120)
Due to container investors (1,458) (2,304)
Unearned revenue 125 (90)
Net cash provided by operating activities 25,625 24,932
Cash flows from investing activities    
Purchase of rental equipment (73,202) (103,725)
Net proceeds from disposition of used rental equipment 11,070 8,475
Purchase of furniture, fixtures and equipment (11) (52)
Receipt of principal payments from direct financing leases 3,346 2,612
Net cash used in investing activities (58,797) (92,690)
Cash flows from financing activities    
Proceeds from debt 66,700 367,670
Principal payments on debt (39,592) (278,269)
Debt issuance costs   (6,214)
Decrease (increase) in restricted cash 255 (5,642)
Stock issuance costs   (148)
Exercise of stock options 28 1,108
Net cash provided by financing activities 27,391 78,505
Effect on cash of foreign currency translation 95 (1,650)
Net (decrease) increase in cash (5,686) 9,097
Cash at beginning of the period 45,741 17,671
Cash at end of the period 40,055 26,768
Cash paid during the period for:    
Income taxes 315 2,502
Interest 9,333 8,447
Supplemental disclosure of non-cash investing and financing activity    
Transfer of rental equipment to direct finance lease $ 16,669 $ 3,025