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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue        
Container lease income $ 54,960 $ 51,669 $ 107,914 $ 103,214
Rail lease income 8,127 7,591 16,180 14,848
Logistics revenue 19,605 12,382 40,104 20,546
Total revenue 82,692 71,642 164,198 138,608
Operating expenses        
Depreciation of rental equipment 27,054 24,494 55,026 47,528
Storage, handling and other expenses 6,192 9,323 13,145 18,374
Logistics transportation costs 16,682 10,140 33,753 17,082
(Gain) loss on sale of used rental equipment (1,749) 3,894 (876) 4,627
Administrative expenses 9,745 8,933 20,431 17,683
Total operating expenses 57,924 56,784 121,479 105,294
Operating income 24,768 14,858 42,719 33,314
Other expenses        
Net interest expense 12,285 10,591 23,957 20,633
Other (income) expense (112) 192 202 322
Total other expenses 12,173 10,783 24,159 20,955
Net income before income taxes and non-controlling interest 12,595 4,075 18,560 12,359
Income tax (benefit) expense (43) 361 650 1,494
Net income 12,638 3,714 17,910 10,865
Net income attributable to non-controlling interest   3   37
Net income attributable to CAI common stockholders $ 12,638 $ 3,711 $ 17,910 $ 10,828
Net income per share attributable to CAI common stockholders        
Basic $ 0.66 $ 0.19 $ 0.94 $ 0.55
Diluted $ 0.65 $ 0.19 $ 0.93 $ 0.55
Weighted average shares outstanding        
Basic 19,131 19,372 19,071 19,577
Diluted 19,419 19,449 19,332 19,646