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Consolidated Statements of Operations (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
OPERATING REVENUES $ 376,279,000 $ 374,950,000
OPERATING EXPENSES:    
Labor and benefits 116,751,000 109,306,000
Equipment rents 19,060,000 18,708,000
Purchased services 27,907,000 28,996,000
Depreciation and amortization 37,641,000 34,223,000
Diesel fuel used in operations 41,935,000 39,185,000
Casualties and insurance 9,633,000 7,951,000
Materials 16,119,000 19,329,000
Trackage rights 12,266,000 10,857,000
Net gain on sale of assets (838,000) (1,707,000)
Other expenses 20,930,000 19,135,000
RailAmerica integration costs 0 12,767,000
Total operating expenses 301,404,000 298,750,000
INCOME FROM OPERATIONS 74,875,000 76,200,000
Interest income 1,034,000 1,043,000
Interest expense (13,641,000) (20,120,000)
Other income, net 266,000 673,000
Income before income taxes 62,534,000 57,796,000
(Provision for)/benefit from income taxes (22,900,000) 24,932,000
Net income 39,634,000 82,728,000
Less: Net (loss)/income attributable to noncontrolling interest (370,000) 165,000
Less: Series A-1 Preferred Stock dividend 0 2,139,000
Net income available to common stockholders $ 40,004,000 $ 80,424,000
Basic earnings per common share attributable to Genesee & Wyoming Inc. common stockholders $ 0.73 $ 1.57
Weighted average shares - Basic 54,841 51,332
Diluted earnings per common share attributable to Genesee & Wyoming Inc. common stockholders $ 0.70 $ 1.46
Weighted average shares - Diluted 56,905 56,496