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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue      
Container lease income $ 235,365 $ 202,328 $ 220,732
Rail lease income 32,476 30,490 17,433
Logistics revenue 80,552 61,536 11,502
Total revenue 348,393 294,354 249,667
Operating expenses      
Depreciation of rental equipment 110,952 104,877 113,590
Storage, handling and other expenses 20,918 35,862 30,194
Logistics transportation costs 68,155 51,980 10,172
(Gain) loss on sale of used rental equipment (5,347) 12,671 654
Administrative expenses 42,699 35,678 27,617
Total operating expenses 237,377 241,068 182,227
Operating income 111,016 53,286 67,440
Other expenses      
Net interest expense 53,052 42,754 36,271
Other expense 765 654 182
Total other expenses 53,817 43,408 36,453
Income before income taxes and non-controlling interest 57,199 9,878 30,987
Income tax (benefit) expense (14,861) 3,844 4,252
Net income 72,060 6,034 26,735
Net income attributable to non-controlling interest 37 134
Net income attributable to CAI common stockholders $ 72,060 $ 5,997 $ 26,601
Net income per share attributable to CAI common stockholders      
Basic $ 3.74 $ 0.31 $ 1.28
Diluted $ 3.68 $ 0.31 $ 1.27
Weighted average shares outstanding      
Basic 19,253 19,318 20,773
Diluted 19,607 19,393 20,988