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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue        
Rental revenue $ 50,711 $ 40,473 $ 145,721 $ 108,061
Management fee revenue 1,503 2,492 6,027 9,699
Gain on sale of equipment portfolios       1,256
Finance lease income 1,684 1,974 6,096 5,055
Total revenue 53,898 44,939 157,844 124,071
Operating expenses        
Depreciation of rental equipment 17,389 12,495 49,007 34,206
Amortization of intangible assets 227 224 681 676
Gain on disposition of used rental equipment (1,329) (2,491) (5,822) (8,811)
Storage, handling and other expenses 4,979 2,197 13,611 5,965
Marketing, general and administrative expense 6,055 6,275 18,274 18,610
Loss on foreign exchange 374 193 199 125
Total operating expenses 27,695 18,893 75,950 50,771
Operating income 26,203 26,046 81,894 73,300
Interest expense 9,546 7,179 26,905 19,435
Write-off of deferred financing costs     1,108  
Interest income   (1) (4) (8)
Net interest expense 9,546 7,178 28,009 19,427
Net income before income taxes and non-controlling interest 16,657 18,868 53,885 53,873
Income tax expense 1,320 2,102 5,550 7,003
Net income 15,337 16,766 48,335 46,870
Net income attributable to non-controlling interest   (238)   (816)
Net income attributable to CAI common stockholders $ 15,337 $ 16,528 $ 48,335 $ 46,054
Net income per share attributable to CAI common stockholders        
Basic (in dollars per share) $ 0.69 $ 0.86 $ 2.18 $ 2.39
Diluted (in dollars per share) $ 0.68 $ 0.84 $ 2.13 $ 2.33
Weighted average shares outstanding        
Basic (in shares) 22,186 19,295 22,139 19,295
Diluted (in shares) 22,645 19,764 22,674 19,730