XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue    
Container lease income $ 52,954 $ 51,545
Rail lease income 8,053 7,257
Logistics revenue 20,499 8,164
Total revenue 81,506 66,966
Operating expenses    
Depreciation of rental equipment 27,972 23,034
Storage, handling and other expenses 6,953 9,051
Logistics transportation costs 17,071 6,942
Loss on sale of used rental equipment 873 733
Administrative expenses 10,686 8,750
Total operating expenses 63,555 48,510
Operating income 17,951 18,456
Other expenses    
Net interest expense 11,672 10,042
Other expense 314 130
Total other expenses 11,986 10,172
Net income before income taxes and non-controlling interest 5,965 8,284
Income tax expense 693 1,133
Net income 5,272 7,151
Net income attributable to non-controlling interest   34
Net income attributable to CAI common stockholders $ 5,272 $ 7,117
Net income per share attributable to CAI common stockholders    
Basic $ 0.28 $ 0.36
Diluted $ 0.27 $ 0.36
Weighted average shares outstanding    
Basic 19,010 19,774
Diluted 19,231 19,833