Earnings per Share (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2014 and 2013 (in thousands, except per share amounts):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2014		2013		2014		2013
Numerators:
Net income attributable to Genesee & Wyoming Inc. common stockholders	$	72,650	$	65,687	$	173,382	$	213,019
Less: Series A-1 Preferred Stock dividend	—		—		—		2,139
Net income available to common stockholders	$	72,650	$	65,687	$	173,382	$	210,880
Denominators:
Weighted average Class A common shares outstanding - Basic	55,600		54,626		55,167		53,475
Weighted average Class B common shares outstanding	1,059		1,650		1,394		1,692
Dilutive effect of employee stock-based awards	355		462		382		506
Dilutive effect of Series A-1 Preferred Stock	—		—		—		964
Weighted average shares - Diluted	57,014		56,738		56,943		56,637
Earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:
Basic earnings per common share	$	1.31	$	1.20	$	3.14	$	3.94
Diluted earnings per common share	$	1.27	$	1.16	$	3.05	$	3.76

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

The following total number of Class A common stock shares issuable under the assumed exercise of stock-based awards 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		Nine Months Ended
	September 30,		September 30,
	2014	2013	2014	2013
Antidilutive shares	293	129	259	90