XML 45 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted earnings per share (EPS) attributable to Genesee & Wyoming Inc. common stockholders for the years ended December 31, 2017, 2016 and 2015 (in thousands, except per share amounts): 
 
 
2017
 
2016
 
2015
Numerators:
 
 
 
 
 
 
Net income attributable to Genesee & Wyoming Inc.
 
$
549,051

 
$
141,137

 
$
225,037

Denominators:
 
 
 
 
 
 
Weighted average Class A common shares outstanding -Basic
 
61,579

 
57,324

 
56,734

Weighted average Class B common shares outstanding
 
735

 
790

 
884

Dilutive effect of employee stock-based awards
 
150

 
142

 
230

Weighted average shares - Diluted
 
62,464

 
58,256

 
57,848

Earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:
 
 
 
 
 
 
Basic earnings per common share
 
$
8.92

 
$
2.46

 
$
3.97

Diluted earnings per common share
 
$
8.79

 
$
2.42

 
$
3.89

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following total number of shares of Class A Common Stock issuable under the assumed exercises and lapse of stock-based awards computed based on the treasury stock method were excluded from the calculation of diluted EPS attributable to Genesee & Wyoming Inc. common stockholders, as the effect of including these shares would have been anti-dilutive (in thousands): 
 
 
2017
 
2016
 
2015
Anti-dilutive shares
 
1,130

 
1,185

 
687