Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2014

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 and six months ended June 30, 2014 and 2013 (in thousands, except per share amounts):



	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2014		2013		2014		2013
Numerators:
Net income attributable to Genesee & Wyoming Inc. common stockholders	$	60,728	$	64,770	$	100,732	$	147,332
Less: Series A-1 Preferred Stock dividend	—		—		—		2,139
Net income available to common stockholders	$	60,728	$	64,770	$	100,732	$	145,193
Denominators:
Weighted average Class A common shares outstanding - Basic	55,054		54,434		54,949		52,891
Weighted average Class B common shares outstanding	1,519		1,700		1,564		1,713
Dilutive effect of employee stock-based awards	375		542		397		574
Dilutive effect of Series A-1 Preferred Stock	—		—		—		1,455
Weighted average shares - Diluted	56,948		56,676		56,910		56,633
Earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:
Basic earnings per common share	$	1.10	$	1.19	$	1.83	$	2.75
Diluted earnings per common share	$	1.07	$	1.14	$	1.77	$	2.60

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 antidilutive (in thousands):



	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2014	2013	2014	2013
Antidilutive shares	256	98	215	87