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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Computation of basic and diluted net income attributable to Trinity Industries, Inc
The computation of basic and diluted net income attributable to Trinity Industries, Inc. is as follows:
 
 
Three Months Ended
September 30, 2012
 
Three Months Ended
September 30, 2011
 
 
(in millions, except per share amounts)
 
 
Income
(Loss)
 
Average
Shares
 
EPS
 
Income
(Loss)
 
Average
Shares
 
EPS
Net income attributable to Trinity Industries, Inc.
 
$
63.2

 
 
 
 
 
$
31.9

 
 
 
 
Unvested restricted share participation
 
(2.1
)
 
 
 
 
 
(1.0
)
 
 
 
 
Net income attributable to Trinity Industries, Inc. – basic
 
61.1

 
76.5

 
$
0.80

 
30.9

 
77.7

 
$
0.40

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
Stock options
 

 
0.2

 
 
 

 
0.2

 
 
Net income attributable to Trinity Industries, Inc. – diluted
 
$
61.1

 
76.7

 
$
0.80

 
$
30.9

 
77.9

 
$
0.40

 
 
 
Nine Months Ended
September 30, 2012
 
Nine Months Ended
September 30, 2011
 
 
(in millions, except per share amounts)
 
 
Income
(Loss)
 
Average
Shares
 
EPS
 
Income
(Loss)
 
Average
Shares
 
EPS
Net income attributable to Trinity Industries, Inc.
 
$
183.9

 
 
 
 
 
$
86.1

 
 
 
 
Unvested restricted share participation
 
(6.1
)
 
 
 
 
 
(2.9
)
 
 
 
 
Net income attributable to Trinity Industries, Inc. – basic
 
177.8

 
77.3

 
$
2.30

 
83.2

 
77.4

 
$
1.07

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
Stock options
 

 
0.2

 
 
 

 
0.3

 
 
Net income attributable to Trinity Industries, Inc. – diluted
 
$
177.8

 
77.5

 
$
2.29

 
$
83.2

 
77.7

 
$
1.07