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Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 77,674 $ 62,050
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 72,444 65,806
Bad debt expense (recovery), net 477 (1,127)
Container recovery from lessee default, net   (5,712)
Unrealized loss (gain) on financial instruments, net 207 (3,192)
Amortization of unamortized debt issuance costs and accretion of bond discounts 2,615 2,162
Debt termination expense   267
Amortization of intangible assets 49 800
Gain on sale of owned fleet containers, net (15,913) (12,358)
Share-based compensation expense 1,727 1,334
Changes in operating assets and liabilities 48,679 24,483
Total adjustments 110,285 72,463
Net cash provided by operating activities 187,959 134,513
Cash flows from investing activities:    
Purchase of containers and fixed assets (206,476) (311,995)
Payments on container leaseback financing receivable (303,894) (6,425)
Proceeds from sale of containers and fixed assets 29,656 29,654
Receipt of principal payments on container leaseback financing receivable 7,444 8,721
Net cash used in investing activities (473,270) (280,045)
Cash flows from financing activities:    
Proceeds from debt 482,100 1,153,599
Payments on debt (149,262) (969,991)
Payment of debt issuance costs   (6,845)
Proceeds from container leaseback financing liability, net   6,801
Principal repayments on container leaseback financing liability, net (200) (94)
Purchase of treasury shares (36,409) (10,778)
Issuance of common shares upon exercise of share options 3,906 1,842
Dividends paid on common shares (12,054)  
Dividends paid on preferred shares (4,969)  
Purchase of noncontrolling interest   (21,500)
Net cash provided by financing activities 283,112 153,034
Effect of exchange rate changes (56) (46)
Net (decrease) increase in cash, cash equivalents and restricted cash (2,255) 7,456
Cash, cash equivalents and restricted cash, beginning of the year 282,572 205,165
Cash, cash equivalents and restricted cash, end of the period 280,317 212,621
Supplemental disclosures of cash flow information:    
Cash paid for interest expense and realized loss on derivative instruments, net 32,266 29,812
Income taxes paid 140 248
Receipt of payments on finance leases, net of income earned 53,132 14,467
Supplemental disclosures of noncash investing activities:    
(Decrease) increase in accrued container purchases (10,913) 258,275
Containers placed in finance leases $ 57,361 $ 207,171