CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities
Net income	$ 26,501	$ 27,725
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	43,466	37,973
Amortization of debt issuance costs	1,338	1,375
Amortization of intangible assets	129	198
Stock-based compensation expense	969	842
Unrealized loss on foreign exchange	170	122
Gain on sale of used rental equipment	(165)	(3,324)
Deferred income taxes	429	630
Bad debt expense (recovery)	193	(19)
Changes in other operating assets and liabilities:
Accounts receivable	2,096	(4,688)
Prepaid expenses and other assets	(2,273)	(291)
Accounts payable, accrued expenses and other current liabilities	(2,675)	1,776
Due to container investors	(4,193)	(1,789)
Unearned revenue	3,216	1,920
Net cash provided by operating activities	69,201	62,450
Cash flows from investing activities
Purchase of rental equipment	(236,878)	(157,767)
Net proceeds from disposition of used rental equipment	28,133	26,496
Purchase of furniture, fixtures and equipment	(49)	(19)
Receipt of principal payments from direct financing leases	10,504	7,297
Net cash used in investing activities	(198,290)	(123,993)
Cash flows from financing activities
Proceeds from debt	236,831	240,560
Principal payments on debt	(104,714)	(159,282)
Debt issuance costs	(1,662)
Decrease in restricted cash	509	510
Repurchase of stock		(19,387)
Exercise of stock options	4,645	28
Excess tax benefit from share-based compensation awards	1,006
Net cash provided by financing activities	136,615	62,429
Effect on cash of foreign currency translation	(217)	358
Net increase in cash	7,309	1,244
Cash at beginning of the period	53,821	45,741
Cash at end of the period	61,130	46,985
Cash paid during the period for:
Income taxes	1,887	678
Interest	16,296	16,422
Supplemental disclosure of non-cash investing and financing activity
Transfer of rental equipment to direct finance lease	$ 18,191	$ 21,206