Changes in Operations (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of Business Combination Consideration [Table Text Block]

The calculation of the total consideration for the RailAmerica acquisition is presented below (in thousands, except per share amount):



RailAmerica outstanding common stock as of October 1, 2012	49,934
Cash purchase price per share	$	27.50
Equity purchase price	$	1,373,184
Payment of RailAmerica's outstanding term loan and revolving credit facility	659,198
Cash consideration	2,032,382
Impact of pre-acquisition share-based awards	9,400
Total consideration	$	2,041,782

Business Combination Assignment of Fair Values [Table Text Block]

The final fair values assigned to the acquired net assets of RailAmerica were as follows (dollars in thousands):



	As of		As of December 28, 2012
	October 1, 2012		Preliminary		Final
Cash and cash equivalents	$	86,102	$	107,922	$	107,922
Accounts receivable, net	104,839		91,424		90,659
Materials and supplies	6,406		7,325		7,325
Prepaid expenses and other	15,146		14,815		15,801
Deferred income tax assets, net	49,074		49,074		56,998
Property and equipment	1,579,321		1,588,612		1,599,282
Goodwill	474,115		474,115		475,584
Intangible assets, net	451,100		446,327		416,427
Other assets, net	116		116		116
Total assets	2,766,219		2,779,730		2,770,114
Accounts payable and accrued expenses	143,790		135,117		140,160
Long-term debt	12,158		12,010		12,010
Deferred income tax liabilities, net	542,210		551,856		540,420
Other long-term liabilities	20,754		19,618		21,439
Noncontrolling interest	5,525		5,525		481
Net assets	$	2,041,782	$	2,055,604	$	2,055,604

Business Acquisition, Pro Forma Information [Table Text Block]

The following table summarizes the Company's unaudited pro forma financial results for the three and nine months ended September 30, 2012, as if the acquisition of RailAmerica had been consummated as of January 1, 2011. The following pro forma financial results do not include the impact of any potential operating efficiencies, savings from expected synergies, costs to integrate the operations or costs necessary to achieve savings from expected synergies or the impact of derivative instruments that the Company has entered into or may enter into to mitigate interest rate or currency exchange rate risk (dollars in thousands, except per share amounts):



	Three Months Ended		Nine Months Ended
	September 30, 2012		September 30, 2012
Operating revenues	$	373,285	$	1,088,274
Net income attributable to Genesee & Wyoming Inc.	$	28,012	$	55,182
Less: Series A-1 Preferred Stock dividend	4,375		13,125
Net income available to common stockholders	$	23,637	$	42,057
Income per common share attributable to Genesee & Wyoming Inc. common stockholders:
Basic income per common share from continuing operations	$	0.49	$	0.88
Diluted income per share from continuing operations	$	0.47	$	0.83