Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

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

The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2013 and 2012 (in thousands, except per share amounts):

	Three Months Ended
	March 31,
	2013			2012
Numerators:
Amounts attributable to Genesee & Wyoming Inc. common stockholders:
Income from continuing operations, net of tax	$	82,572		$	22,244
Loss from discontinued operations, net of tax	(9		)	(3		)
Less: Series A-1 Preferred Stock dividend	2,139			—
Net income available to common stockholders	$	80,424		$	22,241
Denominators:
Weighted average Class A common shares outstanding - Basic	51,332			40,360
Weighted average Class B common shares outstanding	1,726			2,165
Dilutive effect of employee stock grants	513			556
Dilutive effect of Series A-1 Preferred Stock	2,925			—
Weighted average shares - Diluted	56,496			43,081
Earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:
Basic:
Earnings per common share from continuing operations	$	1.57		$	0.55
Loss per common share from discontinued operations	—			—
Earnings per common share	$	1.57		$	0.55
Diluted:
Earnings per common share from continuing operations	$	1.46		$	0.52
Loss per common share from discontinued operations	—			—
Earnings per common share	$	1.46		$	0.52

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

The following total number of Class A common stock issuable under the assumed exercise of stock options computed based on the treasury stock method were excluded from the calculation of diluted earnings per common share, as the effect of including these shares would have been anti-dilutive (in thousands):

	Three Months Ended
	March 31,
	2013	2012
Anti-dilutive shares	102	200