RE: | Genesee & Wyoming Inc. |
1. | We note that the reportable segments identified in Note 18 are based on geographic areas. We also note from your disclosure on page 8 that your operations consist of freight haulage by rail as well as non-freight activities such as railcar switching, car hire and rental income, demurrage and storage, car repair services, and railroad construction. In this regard, please revise to disclose revenues from external customers for each product and service or each group of similar products and services. See guidance in ASC 280-10-50-40. |
2. | We note from your disclosure in Note 2 that in connection with the Freightliner acquisition, you assigned ₤360.1 million (or $536.4 million at the exchange rate on March 25, 2015) to amortizable intangible assets with a weighted average amortization period of approximately 85 years. Please tell us, and revise to disclose, the nature and amount of each major class of intangible asset, including the weighted-average amortization period by intangible asset class. See guidance in ASC 350-30-50-1. |
3. | Please revise the notes to the financial statements to include the amount of earnings related to the acquired Freightliner business since the acquisition date included in the consolidated income statement for the reporting period. See guidance in ASC 810-10-50-2(h). |
• | the Company is responsible for the adequacy and accuracy of the disclosure in its filings; |
• | Staff comments or changes to disclosure in response to Staff comments do not foreclose the Commission from taking any action with respect to the filing; and |
• | the Company may not assert Staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. |
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