CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities
Net income	$ 39,516	$ 44,158
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	66,228	57,972
Amortization of debt issuance costs	1,983	2,236
Amortization of intangible assets	157	293
Stock-based compensation expense	1,436	1,364
Unrealized loss on foreign exchange	185	114
Gain on sale of used rental equipment	(237)	(4,561)
Deferred income taxes	458	373
Bad debt expense	326	47
Changes in other operating assets and liabilities:
Accounts receivable	2,692	(3,723)
Prepaid expenses and other assets	822	4,399
Accounts payable, accrued expenses and other current liabilities	(594)	1,779
Due to container investors	(5,369)	(1,000)
Unearned revenue	2,263	1,383
Net cash provided by operating activities	109,866	104,834
Cash flows from investing activities
Purchase of rental equipment	(304,588)	(226,118)
Acquisition of ClearPointt Logistics LLC	(4,100)
Net proceeds from sale of used rental equipment	51,188	43,014
Purchase of furniture, fixtures and equipment	(73)	(31)
Receipt of principal payments from direct financing leases	16,071	11,602
Net cash used in investing activities	(241,502)	(171,533)
Cash flows from financing activities
Proceeds from debt	450,731	316,853
Principal payments on debt	(301,234)	(212,783)
Debt issuance costs	(1,662)	(1,546)
Decrease in restricted cash	765	510
Repurchase of stock	(12,158)	(31,390)
Exercise of stock options	4,744	28
Excess tax benefit from share-based compensation awards	1,006
Net cash provided by financing activities	142,192	71,672
Effect on cash of foreign currency translation	(209)	(264)
Net increase in cash	10,347	4,709
Cash at beginning of the period	53,821	45,741
Cash at end of the period	64,168	50,450
Cash paid during the period for:
Income taxes	2,114	959
Interest	25,840	25,767
Supplemental disclosure of non-cash investing and financing activity
Transfer of rental equipment to direct finance lease	$ 24,505	$ 27,826