Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2018 and 2017 (in thousands, except per share amounts):



	Three Months Ended
	March 31,
	2018		2017
Numerators:
Net income attributable to Genesee & Wyoming Inc.	$	75,098	$	26,238
Denominators:
Weighted average Class A common shares outstanding – Basic	61,918		61,413
Weighted average Class B common shares outstanding	701		758
Dilutive effect of employee stock-based awards	268		182
Weighted average shares – Diluted	62,887		62,353
Earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:
Basic earnings per common share	$	1.21	$	0.43
Diluted earnings per common share	$	1.19	$	0.42

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 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
	March 31,
	2018	2017
Antidilutive shares	945	1,094