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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue    
Revenue $ 80,800 $ 69,113
Operating expenses    
Depreciation of rental equipment 28,551 27,048
Storage, handling and other expenses 2,489 4,429
Gain on sale of rental equipment (6,743) (1,647)
Administrative expenses 7,740 6,895
Total operating expenses 32,037 36,725
Operating income 48,763 32,388
Other expenses    
Net interest expense 11,172 18,274
Other expense 410 246
Total other expenses 11,582 18,520
Income before income taxes 37,181 13,868
Income tax expense 2,504 1,199
Income from continuing operations 34,677 12,669
Income (loss) from discontinued operations, net of income taxes 1,063 (13,999)
Net income (loss) 35,740 (1,330)
Preferred stock dividends 2,207 2,207
Net income (loss) attributable to CAI common stockholders 33,533 (3,537)
Amounts attributable to CAI common stockholders    
Net income from continuing operations 32,470 10,462
Net income (loss) from discontinued operations $ 1,063 $ (13,999)
Basic    
Continuing operations $ 1.88 $ 0.60
Discontinued operations 0.06 (0.80)
Total basic 1.94 (0.20)
Diluted    
Continuing operations 1.85 0.59
Discontinued operations 0.06 (0.79)
Total diluted $ 1.91 $ (0.20)
Weighted average shares outstanding    
Basic 17,271 17,433
Diluted 17,518 17,715
Operating Leases [Member]    
Revenue    
Revenue $ 63,867 $ 54,629
Finance Leases [Member]    
Revenue    
Revenue 13,245 11,590
Other Revenue [Member]    
Revenue    
Revenue $ 3,688 $ 2,894