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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities    
Net income $ 27,725 $ 32,998
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 37,973 31,881
Amortization of debt issuance costs 1,375 2,398
Amortization of intangible assets 198 454
Stock-based compensation expense 842 678
Loss (gain) on foreign exchange 122 (162)
Gain on disposition of used rental equipment (3,324) (4,493)
Deferred income taxes 630 (52)
Bad debt expense (19) 86
Changes in other operating assets and liabilities:    
Accounts receivable (4,688) 2,711
Prepaid expenses and other assets (291) 338
Accounts payable, accrued expenses and other current liabilities 1,776 (1,610)
Due to container investors (1,789) (5,857)
Unearned revenue 1,920 (855)
Net cash provided by operating activities 62,450 58,515
Cash flows from investing activities    
Purchase of rental equipment (157,767) (237,043)
Net proceeds from disposition of used rental equipment 26,496 15,542
Purchase of furniture, fixtures and equipment (19) (52)
Receipt of principal payments from direct financing leases 7,297 5,850
Net cash used in investing activities (123,993) (215,703)
Cash flows from financing activities    
Proceeds from debt 240,560 486,170
Principal payments on debt (159,282) (300,366)
Debt issuance costs   (6,522)
Decrease (increase) in restricted cash 510 (5,387)
Repurchase of stock (19,387)  
Stock issuance costs   (148)
Exercise of stock options 28 1,165
Net cash provided by financing activities 62,429 174,912
Effect on cash of foreign currency translation 358 (1,807)
Net increase in cash 1,244 15,917
Cash at beginning of the period 45,741 17,671
Cash at end of the period 46,985 33,588
Cash paid during the period for:    
Income taxes 678 4,265
Interest 16,422 15,293
Supplemental disclosure of non-cash investing and financing activity    
Transfer of rental equipment to direct finance lease 21,206 27,472
Transfer of direct finance lease to rental equipment   $ 30,118