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Consolidated Statements of Operations (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
OPERATING REVENUES $ 414,563,000 $ 400,648,000 $ 790,842,000 $ 775,598,000
OPERATING EXPENSES:        
Labor and benefits 116,556,000 109,781,000 233,303,000 219,087,000
Equipment rents 19,874,000 18,993,000 38,932,000 37,701,000
Purchased services 23,868,000 30,598,000 51,678,000 59,993,000
Depreciation and amortization 38,212,000 34,161,000 75,853,000 68,384,000
Diesel fuel used in operations 37,379,000 34,694,000 79,314,000 73,879,000
Casualties and insurance 12,752,000 10,043,000 22,385,000 17,994,000
Materials 19,325,000 22,784,000 35,444,000 41,714,000
Trackage rights 14,021,000 12,770,000 26,287,000 23,627,000
Net gain on sale of assets (1,369,000) (1,009,000) (2,207,000) (2,716,000)
Other expenses 23,836,000 20,416,000 44,869,000 52,318,000
Total operating expenses 304,454,000 293,231,000 605,858,000 591,981,000
INCOME FROM OPERATIONS 110,109,000 107,417,000 184,984,000 183,617,000
Interest income 241,000 950,000 1,275,000 1,993,000
Interest expense (17,814,000) (17,203,000) (31,455,000) (37,323,000)
Other income/(loss), net 920,000 (896,000) 1,186,000 (223,000)
Income before income taxes 93,456,000 90,268,000 155,990,000 148,064,000
Provision for income taxes (32,567,000) (25,218,000) (55,467,000) (286,000)
Net income 60,889,000 65,050,000 100,523,000 147,778,000
Less: Net income/(loss) attributable to noncontrolling interest 161,000 280,000 (209,000) 446,000
Less: Series A-1 Preferred Stock dividend 0 0 0 2,139,000
Net income available to common stockholders $ 60,728,000 $ 64,770,000 $ 100,732,000 $ 145,193,000
Basic earnings per common share attributable to Genesee & Wyoming Inc. common stockholders $ 1.10 $ 1.19 $ 1.83 $ 2.75
Weighted average shares - Basic 55,054 54,434 54,949 52,891
Diluted earnings per common share attributable to Genesee & Wyoming Inc. common stockholders $ 1.07 $ 1.14 $ 1.77 $ 2.60
Weighted average shares - Diluted 56,948 56,676 56,910 56,633