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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Cumulative Effect Period of Adoption Adjustment
Preferred shares
Common shares
Treasury shares
Additional Paid-in capital
Accumulated other comprehensive income (loss)
Retained earnings
Retained earnings
Cumulative Effect Period of Adoption Adjustment
Total Textainer Group Holdings Limited shareholders' equity
Total Textainer Group Holdings Limited shareholders' equity
Cumulative Effect Period of Adoption Adjustment
Noncontrolling interest
Noncontrolling interest
Cumulative Effect Period of Adoption Adjustment
Beginning Balances at Dec. 31, 2019 $ 1,285,645     $ 583 $ (17,746) $ 410,595 $ (511) $ 866,458   $ 1,259,379   $ 26,266  
Beginning Balances (ASU 2016-13) at Dec. 31, 2019   $ (892)             $ (885)   $ (885)   $ (7)
Beginning Balances (in shares) at Dec. 31, 2019       58,326,555 (1,508,637)                
Restricted share units vested       $ 1   (1)              
Restricted share units vested (in shares)       66,101                  
Exercise of share options 224         224       224      
Exercise of share options (in shares)       21,327                  
Purchase of treasury shares $ (56,779)       $ (56,779)         (56,779)      
Purchase of treasury shares (in shares) (5,957,459)       (5,957,459)                
Share-based compensation expense $ 3,218         3,218       3,218      
Net income 28,635             28,562   28,562   73  
Other comprehensive income (loss):                          
Change in derivative instruments designated as cash flow hedges (13,093)           (13,093)     (13,093)      
Reclassification of realized (gain) loss on derivative instruments designated as cash flow hedges 1,658           1,658     1,658      
Foreign currency translation adjustments 3           3     3      
Income tax benefit related to items of other comprehensive (loss) income 115           115     115      
Total other comprehensive income (loss) (11,317)                        
Ending Balances at Sep. 30, 2020 1,248,734     $ 584 $ (74,525) 414,036 (11,828) 894,135   1,222,402   26,332  
Ending Balances (in shares) at Sep. 30, 2020       58,413,983 (7,466,096)                
Beginning Balances at Dec. 31, 2020 1,286,718     $ 587 $ (86,239) 416,609 (9,744) 938,395   1,259,608   27,110  
Beginning Balances (in shares) at Dec. 31, 2020       58,740,919 (8,245,130)                
Issuance of preferred shares, net of offering expenses 289,650   $ 300,000     (10,350)       289,650      
Issuance of preferred shares, net of offering expenses (in shares)     12,000                    
Restricted share units vested       $ 1   (1)              
Restricted share units vested (in shares)       65,505                  
Exercise of share options 6,789     $ 4   6,785       6,789      
Exercise of share options (in shares)       376,804                  
Purchase of treasury shares $ (45,789)       $ (45,789)         (45,789)      
Purchase of treasury shares (in shares) (1,685,562)       (1,685,562)                
Share-based compensation expense $ 4,208         4,208       4,208      
Purchase of noncontrolling interest (20,088)         7,022       7,022   $ (27,110)  
Preferred shares dividends declared (4,433)             (4,433)   (4,433)      
Net income 206,434             206,434   206,434      
Other comprehensive income (loss):                          
Change in derivative instruments designated as cash flow hedges 3,084           3,084     3,084      
Reclassification of realized (gain) loss on derivative instruments designated as cash flow hedges 5,378           5,378     5,378      
Foreign currency translation adjustments (108)           (108)     (108)      
Income tax benefit related to items of other comprehensive (loss) income 11           11     11      
Total other comprehensive income (loss) 8,365                        
Ending Balances at Sep. 30, 2021 $ 1,731,854   $ 300,000 $ 592 $ (132,028) $ 424,273 $ (1,379) $ 1,140,396   $ 1,731,854      
Ending Balances (in shares) at Sep. 30, 2021     12,000 59,183,228 (9,930,692)