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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
OPERATING REVENUES $ 400,741 $ 217,419 $ 775,949 $ 424,855
OPERATING EXPENSES:        
Labor and benefits 109,781 61,366 219,087 127,123
Equipment rents 18,993 8,967 37,701 18,784
Purchased services 30,151 19,313 59,147 37,350
Depreciation and amortization 34,161 18,334 68,384 35,967
Diesel fuel used in operations 34,694 21,134 73,879 43,132
Diesel fuel sold to third parties 93 4,111 351 9,101
Casualties and insurance 10,043 5,943 17,994 11,490
Materials 23,235 6,783 42,564 12,890
Trackage rights 10,445 6,401 19,365 12,074
Net gain on sale of assets (1,009) (6,199) (2,716) (7,429)
Gain on insurance recoveries 0 (5,186) 0 (5,186)
Other expenses 21,774 13,979 42,846 25,772
RailAmerica integration costs 963 0 13,730 0
Total operating expenses 293,324 154,946 592,332 321,068
INCOME FROM OPERATIONS 107,417 62,473 183,617 103,787
Interest income 950 964 1,993 1,831
Interest expense (17,203) (8,622) (37,323) (17,238)
Other (loss)/income, net (879) 15 (197) 999
Income from continuing operations before income taxes 90,285 54,830 148,090 89,379
Provision for income taxes (25,226) (18,443) (294) (30,748)
Income from continuing operations, net of tax 65,059 36,387 147,796 58,631
Loss from discontinued operations, net of tax (9) (24) (18) (27)
Net income 65,050 36,363 147,778 58,604
Less: Net income attributable to noncontrolling interest 280 0 446 0
Less: Series A-1 Preferred Stock dividend 0 0 2,139 0
Net income available to common stockholders $ 64,770 $ 36,363 $ 145,193 $ 58,604
Basic earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:        
Basic earnings per common share from continuing operations $ 1.19 $ 0.90 $ 2.75 $ 1.45
Basic loss per common share from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Basic earnings per common share $ 1.19 $ 0.90 $ 2.75 $ 1.45
Weighted average shares - basic 54,434 40,614 52,891 40,487
Diluted earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:        
Diluted earnings per common share from continuing operations $ 1.14 $ 0.84 $ 2.60 $ 1.36
Diluted loss per common share from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Diluted earnings per common share $ 1.14 $ 0.84 $ 2.60 $ 1.36
Weighted average shares - diluted 56,676 43,153 56,633 43,116