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Consolidated Statements of Operations (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
OPERATING REVENUES $ 401,388,000 $ 222,745,000 $ 1,177,337,000 $ 647,600,000
OPERATING EXPENSES:        
Labor and benefits 110,609,000 64,022,000 329,696,000 191,145,000
Equipment rents 20,457,000 9,289,000 58,158,000 28,073,000
Purchased services 32,614,000 20,981,000 91,761,000 58,331,000
Depreciation and amortization 37,334,000 18,980,000 105,718,000 54,947,000
Diesel fuel used in operations 35,660,000 21,511,000 109,539,000 64,643,000
Diesel fuel sold to third parties 11,000 1,359,000 362,000 10,460,000
Casualties and insurance 10,439,000 6,237,000 28,433,000 17,727,000
Materials 19,364,000 6,241,000 61,928,000 19,131,000
Trackage rights 13,430,000 7,391,000 37,057,000 21,807,000
Net gain on sale of assets (703,000) (3,018,000) (3,419,000) (10,447,000)
Gain on insurance recoveries (1,465,000) 0 (1,465,000) (5,186,000)
Other expenses 19,887,000 11,676,000 58,471,000 34,306,000
RailAmerica acquisition-related costs 0 5,201,000 0 6,001,000
RailAmerica integration costs 2,010,000 0 15,740,000 0
Total operating expenses 299,647,000 169,870,000 891,979,000 490,938,000
INCOME FROM OPERATIONS 101,741,000 52,875,000 285,358,000 156,662,000
Interest income 992,000 928,000 2,985,000 2,759,000
Interest expense (16,029,000) (8,814,000) (53,352,000) (26,052,000)
Contingent forward sale contract mark-to-market expense 0 (50,106,000) 0 (50,106,000)
Other income, net 1,786,000 853,000 1,589,000 1,852,000
Income/(loss) from continuing operations before income taxes 88,490,000 (4,264,000) 236,580,000 85,115,000
Provision for income taxes (22,240,000) (15,303,000) (22,534,000) (46,051,000)
Income/(loss) from continuing operations, net of tax 66,250,000 (19,567,000) 214,046,000 39,064,000
Loss from discontinued operations, net of tax (25,000) 0 (43,000) (27,000)
Net income/(loss) 66,225,000 (19,567,000) 214,003,000 39,037,000
Less: Net income attributable to noncontrolling interest 538,000 0 984,000 0
Less: Series A-1 Preferred Stock dividend 0 0 2,139,000 0
Net income/(loss) available to common stockholders $ 65,687,000 $ (19,567,000) $ 210,880,000 $ 39,037,000
Basic earnings/(loss) per common share attributable to Genesee & Wyoming Inc. common stockholders:        
Basic earnings/(loss) per common share from continuing operations $ 1.20 $ (0.47) $ 3.94 $ 0.96
Basic loss per common share from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Basic earnings/(loss) per common share $ 1.20 $ (0.47) $ 3.94 $ 0.95
Weighted average shares - basic 54,626 41,682 53,475 40,888
Diluted earnings/(loss) per common share attributable to Genesee & Wyoming Inc. common stockholders:        
Diluted earnings/(loss) per common share from continuing operations $ 1.16 $ (0.47) $ 3.76 $ 0.90
Diluted loss per common share from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Diluted earnings/(loss) per common share $ 1.16 $ (0.47) $ 3.76 $ 0.90
Weighted average shares - diluted 56,738 41,682 56,637 43,471