Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2012, 2011 and 2010 (in thousands, except per share amounts):



	2012			2011			2010
Numerators:
Amounts attributable to Genesee & Wyoming Inc. common stockholders:
Income from continuing operations, net of tax	$	52,551		$	119,493		$	78,669
(Loss)/income from discontinued operations, net of tax	(118		)	(9		)	2,591
Net income	$	52,433		$	119,484		$	81,260
Series A-1 Preferred Stock dividend	4,375			—			—
Net income available to common stockholders	$	48,058		$	119,484		$	81,260
Denominators:
Weighted average Class A common shares outstanding—Basic	42,693			39,912			38,886
Weighted average Class B common shares outstanding	2,038			2,257			2,528
Dilutive effect of employee stock-based awards	601			603			475
Dilutive effect of Series A-1 Preferred Stock	5,984			—			—
Weighted average shares—Diluted	51,316			42,772			41,889
Earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:
Basic:
Earnings per common share from continuing operations	$	1.13		$	2.99		$	2.02
(Loss)/earnings per common share from discontinued operations	—			—			0.07
Earnings per common share	$	1.13		$	2.99		$	2.09
Diluted:
Earnings per common share from continuing operations	$	1.02		$	2.79		$	1.88
(Loss)/earnings per common share from discontinued operations	—			—			0.06
Earnings per common share	$	1.02		$	2.79		$	1.94

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The total number of options used to calculate weighted average share equivalents for diluted earnings per share as of December 31, 2012, 2011 and 2010, was as follows (in thousands):



	2012	2011	2010
Options used to calculate weighted average share equivalents	1,105	1,460	1,801

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

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 earnings per share, as the effect of including these shares would have been anti-dilutive (in thousands):



	2012	2011	2010
Anti-dilutive shares	143	126	312