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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue      
Total revenue $ 416,540 $ 396,395 $ 315,917
Operating expenses      
Depreciation of rental equipment 111,917 107,109 99,753
Storage, handling and other expenses 17,533 8,853 15,303
Logistics transportation costs 104,109 97,170 68,155
Gain on sale of rental equipment (4,402) (9,886) (5,333)
Administrative expenses 52,699 46,240 39,588
Total operating expenses 281,856 249,486 217,466
Operating income 134,684 146,909 98,451
Other expenses      
Net interest expense 79,158 62,573 41,815
Other expense 313 677 765
Total other expenses 79,471 63,250 42,580
Income before income taxes 55,213 83,659 55,871
Income tax expense (benefit) 4,192 4,554 (6,694)
Income from continuing operations 51,021 79,105 62,565
(Loss) income from discontinued operations, net of income taxes (20,010) (509) 9,495
Net income 31,011 78,596 72,060
Preferred stock dividends 8,829 5,124  
Net income attributable to CAI common stockholders 22,182 73,472 72,060
Amounts attributable to CAI common stockholders      
Net income from continuing operations 42,192 73,981 62,565
Net (loss) income from discontinued operations $ (20,010) $ (509) $ 9,495
Basic      
Continuing operations $ 2.38 $ 3.78 $ 3.25
Discontinued operations (1.13) (0.02) 0.49
Total basic 1.25 3.76 3.74
Diluted      
Continuing operations 2.34 3.73 3.19
Discontinued operations (1.11) (0.02) 0.49
Total diluted $ 1.23 $ 3.71 $ 3.68
Weighted average shares outstanding      
Basic 17,731 19,562 19,253
Diluted 18,011 19,822 19,607
Container Lease Revenue [Member]      
Revenue      
Total revenue $ 298,853 $ 284,924 $ 235,365
Logistics Revenue [Member]      
Revenue      
Total revenue $ 117,687 $ 111,471 $ 80,552