XML 20 R4.htm IDEA: XBRL DOCUMENT v3.24.2
Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Lease revenue $ 339.6 $ 308.6 $ 672.9 $ 610.6
Marine operating revenue 0.0 2.0 0.0 5.5
Other revenue 33.4 26.2 66.8 55.1
Total Revenues 386.7 343.2 766.6 682.1
Expenses        
Maintenance expense 96.6 82.3 188.0 166.2
Marine operating expense 0.0 2.4 0.0 4.4
Depreciation 98.5 92.1 194.5 181.9
Operating Lease, Expense 9.0 9.0 18.0 18.0
Other operating expense 13.8 11.0 27.4 22.0
Selling, general and administrative 58.6 52.0 114.5 102.4
Total Expenses 276.5 248.8 542.4 494.9
Other Income (Expense)        
Net gain on asset dispositions 25.6 41.1 61.8 88.2
Interest expense, net (82.8) (63.7) (160.6) (122.7)
Other (expense) income (10.8) (4.9) (10.0) (8.9)
Income before Income Taxes and Share of Affiliates’ Earnings 42.2 66.9 115.4 143.8
Income taxes (10.4) (17.6) (29.0) (37.8)
Share of affiliates' earnings, net of taxes 12.6 14.0 32.3 34.7
Net income 44.4 63.3 118.7 140.7
Other Comprehensive Income, net of taxes        
Foreign currency translation adjustments (7.6) 23.1 (22.0) 31.9
Unrealized Gain (Loss) on Derivatives 0.2 (0.2) 0.3 0.6
Post-retirement benefit plans 0.0 1.1 4.5 1.0
Other comprehensive (loss) income (7.4) 24.0 (17.2) 33.5
Comprehensive Income $ 37.0 $ 87.3 $ 101.5 $ 174.2
Share Data        
Basic earnings per share (in dollars per share) $ 1.22 $ 1.74 $ 3.25 $ 3.88
Average number of common shares (in shares) 35,800 35,600 35,800 35,600
Diluted earnings per share (in dollars per share) $ 1.21 $ 1.74 $ 3.25 $ 3.87
Average number of common shares and common share equivalents (in shares) 35,900 35,700 35,900 35,700
Non-dedicated engine revenue $ 13.7 $ 6.4 $ 26.9 $ 10.9
Segment Profit Loss $ 117.5 $ 139.2 $ 270.5 $ 294.1