Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per share attributable to Genesee & Wyoming Inc. common stockholders (EPS) for the years ended December 31, 2016, 2015 and 2014 (in thousands, except per share amounts):



	2016		2015		2014
Numerators:
Net income attributable to Genesee & Wyoming Inc.	$	141,137	$	225,037	$	260,755
Denominators:
Weighted average Class A common shares outstanding -Basic	57,324		56,734		55,305
Weighted average Class B common shares outstanding	790		884		1,305
Dilutive effect of employee stock-based awards	142		230		362
Weighted average shares - Diluted	58,256		57,848		56,972
Earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:
Basic earnings per common share	$	2.46	$	3.97	$	4.71
Diluted earnings per common share	$	2.42	$	3.89	$	4.58

Schedule of Weighted Average Number of Shares

The total potential issuable common shares outstanding, which include options, restricted stock units and performance-based restricted stock units, used to calculate weighted average share equivalents for diluted EPS attributable to Genesee & Wyoming Inc. as of December 31, 2016, 2015 and 2014, was as follows (in thousands):



	2016	2015	2014
Potential issuable common shares used to calculate weighted average share equivalents	1,477	1,280	1,063

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following total number of shares of Class A Common Stock issuable under the assumed exercises and lapse of stock-based awards computed based on the treasury stock method were excluded from the calculation of diluted EPS attributable to Genesee & Wyoming Inc., as the effect of including these shares would have been anti-dilutive (in thousands):



	2016	2015	2014
Anti-dilutive shares	1,185	687	304