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Revenue Sources and Concentration of Sales
12 Months Ended
Dec. 31, 2011
Revenue Sources and Concentration of Sales  
Revenue Sources and Concentration of Sales
Note 18 – Revenue Sources and Concentration of Sales

The following table sets forth the Company's sales resulting from various revenue sources for the periods indicated below:

 

     Year Ended December 31,  
     2011      2010      2009  

New railcar sales

   $ 444,810       $ 112,413       $ 217,046   

Used railcar sales

     2,772         7,849         818   

Parts sales

     10,610         12,423         17,406   

Leasing revenues

     5,468         5,384         5,812   

Maintenance, repair and rebuild revenues

     22,643         4,648         3,446   

Other sales

     683         172         3,934   
  

 

 

    

 

 

    

 

 

 
   $ 486,986       $ 142,889       $ 248,462   
  

 

 

    

 

 

    

 

 

 

Due to the nature of its operations, the Company is subject to significant concentration of risks related to business with a few customers. Sales to the Company's top three customers each accounted for 52%, 24% and 5%, respectively, of revenues for the year ended December 31, 2011 and $4.6 million of the Company's accounts receivable at December 31, 2011 was due from one customer. Sales to the Company's top three customers accounted for 63%, 10% and 5%, respectively, of revenues for the year ended December 31, 2010. Sales to the Company's top three customers accounted for 15%, 15% and 14%, respectively, of revenues for the year ended December 31, 2009.

The Company's sales to customers outside the United States were $24,343, $19,641 and $9,550 in 2011, 2010 and 2009, respectively.