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Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 10,860$ 8,040
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation expense38,71636,078
Write-down of equipment2,3062,659
Stock-based compensation expense2,3011,870
Amortization of deferred costs3,4143,976
Amortization of loan discount405451
Amortization of interest rate derivative cost4832,282
Allowances and provisions(113)151
Other non-cash items(1,113) 
Gain on sale of leased equipment(11,231)(7,533)
Income from joint ventures, net of distributions(283)(102)
Deferred income taxes9,3344,884
Changes in assets and liabilities:  
Receivables2,141265
Notes receivable160(74)
Other assets(1,490)(1,521)
Accounts payable and accrued expenses(4,481)411
Restricted cash44(36,074)
Maintenance reserves2,8992,347
Security deposits220(129)
Unearned lease revenue1,696(469)
Net cash provided by operating activities56,26817,512
Cash flows from investing activities:  
Proceeds from sale of equipment held for operating lease (net of selling expense)109,78962,815
Restricted cash for investing activities(3,304) 
Investment in joint venture(8,943) 
Purchase of equipment held for operating lease(92,888)(55,197)
Purchase of property, equipment and furnishings(710)(370)
Net cash provided by investing activities3,9447,248
Cash flows from financing activities:  
Proceeds from issuance of notes payable74,409117,841
Debt issuance cost(503)(268)
Preferred stock dividends(2,346)(2,346)
Proceeds from shares issued under stock compensation plans115596
Excess tax benefit from stock-based compensation903341
Repurchase of common stock(5,384)(1,777)
Cash settlement of stock options(1,262) 
Principal payments on notes payable(122,362)(139,190)
Net cash used in financing activities(56,430)(24,803)
Increase/(Decrease) in cash and cash equivalents3,782(43)
Cash and cash equivalents at beginning of period2,2252,056
Cash and cash equivalents at end of period6,0072,013
Supplemental disclosures of cash flow information:  
Interest15,27113,214
Income Taxes$ 150$ 297