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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING REVENUES $ 375,208 $ 207,436
OPERATING EXPENSES:    
Labor and benefits 109,306 65,757
Equipment rents 18,708 9,817
Purchased services 28,996 18,037
Depreciation and amortization 34,223 17,633
Diesel fuel used in operations 39,185 21,998
Diesel fuel sold to third parties 258 4,990
Casualties and insurance 7,951 5,547
Materials 19,329 6,107
Net gain on sale of assets (1,707) (1,230)
Other expenses 29,992 17,466
RailAmerica integration costs 12,767 0
Total operating expenses 299,008 166,122
INCOME FROM OPERATIONS 76,200 41,314
Interest income 1,043 867
Interest expense (20,120) (8,616)
Other income, net 682 984
Income from continuing operations before income taxes 57,805 34,549
Benefit from/(provision for) income taxes 24,932 (12,305)
Income from continuing operations, net of tax 82,737 22,244
Loss from discontinued operations, net of tax (9) (3)
Net income 82,728 22,241
Less: Net income attributable to noncontrolling interest 165 0
Less: Series A-1 Preferred Stock dividend 2,139 0
Net income available to common stockholders $ 80,424 $ 22,241
Basic earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:    
Basic earnings per common share from continuing operations $ 1.57 $ 0.55
Basic loss per common share from discontinued operations $ 0.00 $ 0.00
Basic earnings per common share $ 1.57 $ 0.55
Weighted average shares - basic 51,332 40,360
Diluted earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:    
Diluted earnings per common share from continuing operations $ 1.46 $ 0.52
Diluted loss per common share from discontinued operations $ 0.00 $ 0.00
Diluted earnings per common share $ 1.46 $ 0.52
Weighted average shares - diluted 56,496 43,081