XML 65 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Total revenues $ 3,811.9 $ 2,938.3 $ 1,930.7
Cost of revenues:      
Total cost of revenues 3,051.5 2,357.5 1,491.2
Selling, engineering, and administrative expenses:      
Total selling, engineering, and administrative expenses 224.1 194.0 165.4
Gains on disposition of property, plant, and equipment:      
Net gains on railcar lease fleet sales 33.5 16.2 6.6
Disposition of flood-damaged property, plant, and equipment 0.4 17.6 9.7
Other 4.6 6.2 3.8
Total gains on disposition of property, plant, and equipment 38.5 40.0 20.1
Total operating profit 574.8 426.8 294.2
Other (income) expense:      
Interest income (1.5) (1.5) (1.4)
Interest expense 194.7 185.3 182.1
Other, net (4.3) 4.0 6.8
Other (income) expense, total 188.9 187.8 187.5
Income from continuing operations before income taxes 385.9 239.0 106.7
Provision (benefit) for income taxes:      
Current 7.7 31.7 (31.2)
Deferred 126.3 60.5 68.5
Provision for income taxes 134.0 92.2 37.3
Net income from continuing operations 251.9 146.8 69.4
Income (loss) from discontinued operations, net of provision (benefit) for income taxes of $1.1, $(0.4), and $3.6 1.8 (1.1) 6.0
Net income 253.7 145.7 75.4
Net income (loss) attributable to noncontrolling interest (1.5) 3.5 8.0
Net income attributable to Trinity Industries, Inc. 255.2 142.2 67.4
Net income (loss) attributable to Trinity Industries, Inc. per common share:      
Basic, Continuing operations (in dollars per share) $ 3.18 $ 1.78 $ 0.77
Basic, Discontinued operations (in dollars per share) $ 0.02 $ (0.01) $ 0.08
Basic (in dollars per share) $ 3.20 $ 1.77 $ 0.85
Diluted, Continuing operations (in dollars per share) $ 3.17 $ 1.78 $ 0.77
Diluted, Discontinued operations (in dollars per share) $ 0.02 $ (0.01) $ 0.08
Diluted (in dollars per share) $ 3.19 $ 1.77 $ 0.85
Weighted average number of shares outstanding:      
Basic (in shares) 77.3 77.5 76.8
Diluted (in shares) 77.5 77.8 77.0
Dividends declared per common share (in dollars per share) $ 0.42 $ 0.35 $ 0.32
Manufacturing
     
Revenues:      
Total revenues 3,167.5 2,386.9 1,466.2
Cost of revenues:      
Total cost of revenues 2,649.9 2,039.3 1,236.3
Selling, engineering, and administrative expenses:      
Total selling, engineering, and administrative expenses 143.4 127.1 111.4
Leasing
     
Revenues:      
Total revenues 644.4 551.4 464.5
Cost of revenues:      
Total cost of revenues 350.3 290.3 244.0
Selling, engineering, and administrative expenses:      
Total selling, engineering, and administrative expenses 29.4 23.4 20.1
Other
     
Cost of revenues:      
Total cost of revenues 51.3 27.9 10.9
Selling, engineering, and administrative expenses:      
Total selling, engineering, and administrative expenses $ 51.3 $ 43.5 $ 33.9