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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets    
Cash $ 23,078us-gaap_Cash $ 27,810us-gaap_Cash
Cash held by variable interest entities 33,582cap_CashAttributableToVariableInterestEntities 26,011cap_CashAttributableToVariableInterestEntities
Accounts receivable (owned fleet), net of allowance for doubtful accounts of $902 and $680 at March 31, 2015 and December 31, 2014, respectively 43,053us-gaap_AccountsReceivableNetCurrent 49,524us-gaap_AccountsReceivableNetCurrent
Accounts receivable (managed fleet) 8,482cap_OtherReceivablesManagedFleet 8,498cap_OtherReceivablesManagedFleet
Current portion of direct finance leases 19,064us-gaap_CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingLeasesCurrent 18,150us-gaap_CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingLeasesCurrent
Prepaid expenses 15,335us-gaap_PrepaidExpenseCurrent 14,396us-gaap_PrepaidExpenseCurrent
Other current assets 407us-gaap_OtherAssetsCurrent 410us-gaap_OtherAssetsCurrent
Total current assets 143,001us-gaap_AssetsCurrent 144,799us-gaap_AssetsCurrent
Restricted cash 7,978us-gaap_RestrictedCashAndCashEquivalents 8,232us-gaap_RestrictedCashAndCashEquivalents
Rental equipment, net of accumulated depreciation of $292,356 and $274,333 at March 31, 2015 and December 31, 2014, respectively 1,654,834us-gaap_PropertyPlantAndEquipmentOther 1,564,777us-gaap_PropertyPlantAndEquipmentOther
Net investment in direct finance leases 76,104us-gaap_CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingLeasesNoncurrent 76,814us-gaap_CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingLeasesNoncurrent
Furniture, fixtures and equipment, net of accumulated depreciation of $2,115 and $2,019 at March 31, 2015 and December 31, 2014, respectively 852us-gaap_PropertyPlantAndEquipmentNet 945us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net of accumulated amortization of $4,726 and $4,817 at March 31, 2015 and December 31, 2014, respectively 183us-gaap_IntangibleAssetsNetExcludingGoodwill 273us-gaap_IntangibleAssetsNetExcludingGoodwill
Total assets 1,882,952us-gaap_Assets [1] 1,795,840us-gaap_Assets [1]
Current liabilities    
Accounts payable 6,235us-gaap_AccountsPayableCurrent 8,414us-gaap_AccountsPayableCurrent
Accrued expenses and other current liabilities 5,320us-gaap_AccruedLiabilitiesCurrent 9,029us-gaap_AccruedLiabilitiesCurrent
Due to container investors 10,031us-gaap_OtherAccountsPayableAndAccruedLiabilities 12,984us-gaap_OtherAccountsPayableAndAccruedLiabilities
Unearned revenue 7,596us-gaap_DeferredRevenueCurrent 7,172us-gaap_DeferredRevenueCurrent
Current portion of debt 224,088us-gaap_OtherLoansPayableCurrent 203,199us-gaap_OtherLoansPayableCurrent
Current portion of capital lease obligations 239us-gaap_CapitalLeaseObligationsCurrent 1,015us-gaap_CapitalLeaseObligationsCurrent
Rental equipment payable 51,286cap_RentalEquipmentPayable 7,381cap_RentalEquipmentPayable
Total current liabilities 304,795us-gaap_LiabilitiesCurrent 249,194us-gaap_LiabilitiesCurrent
Debt 1,074,661us-gaap_LongTermDebt 1,058,754us-gaap_LongTermDebt
Deferred income tax liability 43,744us-gaap_DeferredTaxLiabilitiesNoncurrent 43,419us-gaap_DeferredTaxLiabilitiesNoncurrent
Capital lease obligations   1,568us-gaap_CapitalLeaseObligationsNoncurrent
Total liabilities 1,423,200us-gaap_Liabilities [2] 1,352,935us-gaap_Liabilities [2]
Stockholders' equity    
Common stock: par value $.0001 per share; authorized 84,000,000 shares; issued and outstanding 21,142,521 and 20,788,277 shares at March 31, 2015 and December 31, 2014, respectively 2us-gaap_CommonStockValue 2us-gaap_CommonStockValue
Additional paid-in capital 160,589us-gaap_AdditionalPaidInCapitalCommonStock 154,894us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated other comprehensive loss (8,096)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (5,677)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained earnings 306,439us-gaap_RetainedEarningsAccumulatedDeficit 292,897us-gaap_RetainedEarningsAccumulatedDeficit
Total CAI stockholders' equity 458,934us-gaap_StockholdersEquity 442,116us-gaap_StockholdersEquity
Non-controlling interest 818us-gaap_MinorityInterest 789us-gaap_MinorityInterest
Total stockholders' equity 459,752us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 442,905us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and stockholders' equity $ 1,882,952us-gaap_LiabilitiesAndStockholdersEquity $ 1,795,840us-gaap_LiabilitiesAndStockholdersEquity
[1] Total assets at March 31, 2015 and December 31, 2014 include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash, $33,582 and $26,011; Net investment in direct finance leases, $282 and $156; and Rental equipment, net of accumulated depreciation, $98,566 and $102,100, respectively.
[2] Total liabilities at March 31, 2015 and December 31, 2014 include the following VIE liabilities for which the VIE creditors do not have recourse to CAI International, Inc.: Current portion of debt, $80,108 and none; Debt, $57,431 and $132,419, respectively.