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Consolidated Statements of Operations (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
OPERATING REVENUES $ 432,543,000 $ 401,377,000 $ 1,223,385,000 $ 1,176,975,000
OPERATING EXPENSES:        
Labor and benefits 121,707,000 110,609,000 354,887,000 329,690,000
Equipment rents 22,934,000 20,388,000 61,866,000 57,986,000
Purchased services 24,502,000 33,270,000 76,174,000 93,156,000
Depreciation and amortization 40,277,000 37,334,000 116,130,000 105,718,000
Diesel fuel used in operations 36,089,000 35,660,000 115,403,000 109,539,000
Casualties and insurance 8,702,000 8,974,000 31,087,000 26,968,000
Materials 21,437,000 18,909,000 56,995,000 60,726,000
Trackage rights 14,174,000 13,430,000 40,461,000 37,057,000
Net gain on sale of assets (1,237,000) (703,000) (3,444,000) (3,419,000)
Other expenses 20,842,000 21,765,000 65,726,000 74,196,000
Total operating expenses 309,427,000 299,636,000 915,285,000 891,617,000
INCOME FROM OPERATIONS 123,116,000 101,741,000 308,100,000 285,358,000
Interest income 82,000 992,000 1,357,000 2,985,000
Interest expense (12,654,000) (16,029,000) (44,109,000) (53,352,000)
Other (loss)/income, net (747,000) 1,752,000 439,000 1,529,000
Income before income taxes 109,797,000 88,456,000 265,787,000 236,520,000
Provision for income taxes (36,945,000) (22,231,000) (92,412,000) (22,517,000)
Net income 72,852,000 66,225,000 173,375,000 214,003,000
Less: Net income/(loss) attributable to noncontrolling interest 202,000 538,000 (7,000) 984,000
Less: Series A-1 Preferred Stock dividend 0 0 0 2,139,000
Net income available to common stockholders $ 72,650,000 $ 65,687,000 $ 173,382,000 $ 210,880,000
Basic earnings per common share attributable to Genesee & Wyoming Inc. common stockholders $ 1.31 $ 1.20 $ 3.14 $ 3.94
Weighted average shares - Basic 55,600 54,626 55,167 53,475
Diluted earnings per common share attributable to Genesee & Wyoming Inc. common stockholders $ 1.27 $ 1.16 $ 3.05 $ 3.76
Weighted average shares - Diluted 57,014 56,738 56,943 56,637