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CONSOLIDATED STATEMENTS OF INCOME (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
Revenue        
Rental revenue $ 55,380 $ 50,711 $ 157,557 $ 145,721
Management fee revenue 1,561 1,503 4,681 6,027
Finance lease income 2,262 1,684 6,541 6,096
Total revenue 59,203 53,898 168,779 157,844
Operating expenses        
Depreciation of rental equipment 19,888 17,389 57,607 49,007
Amortization of intangible assets 95 227 293 681
Gain on disposition of used rental equipment (1,237) (1,329) (4,561) (5,822)
Storage, handling and other expenses 6,532 4,979 19,322 13,611
Marketing, general and administrative expenses 6,676 6,055 19,779 18,274
Loss on foreign exchange 70 374 387 199
Total operating expenses 32,024 27,695 92,827 75,950
Operating income 27,179 26,203 75,952 81,894
Interest expense 9,265 9,546 26,943 26,905
Write-off of deferred financing costs       1,108
Interest income (1)   (6) (4)
Net interest expense 9,264 9,546 26,937 28,009
Net income before income taxes and non-controlling interest 17,915 16,657 49,015 53,885
Income tax expense 1,482 1,320 4,857 5,550
Net income 16,433 15,337 44,158 48,335
Net income attributable to non-controlling interest (38)   (46)  
Net income attributable to CAI common stockholders $ 16,395 $ 15,337 $ 44,112 $ 48,335
Net income per share attributable to CAI common stockholders        
Basic (in dollars per share) $ 0.78 $ 0.69 $ 2.08 $ 2.18
Diluted (in dollars per share) $ 0.77 $ 0.68 $ 2.04 $ 2.13
Weighted average shares outstanding        
Basic (in shares) 20,936 22,186 21,193 22,139
Diluted (in shares) 21,329 22,645 21,622 22,674