XML 52 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Total revenues $ 1,460.5 $ 932.9
Cost of revenues:    
Total cost of revenues 1,074.0 711.1
Selling, engineering, and administrative expenses:    
Total selling, engineering, and administrative expenses 83.6 69.0
Gains (losses) on disposition of property, plant, and equipment:    
Net gains on railcar lease fleet sales owned more than one year at the time of sale 77.5 6.8
Other 10.9 (0.1)
Total gains on disposition of property, plant, and equipment 88.4 6.7
Total operating profit 391.3 159.5
Other (income) expense:    
Interest income (0.4) (0.4)
Interest expense 46.3 49.2
Other, net (0.4) (2.7)
Other (income) expense, total 45.5 46.1
Income from continuing operations before income taxes 345.8 113.4
Provision for income taxes 112.5 41.2
Net income from continuing operations 233.3 72.2
Discontinued operations:    
Gain on sale of discontinued operations, net of provision for income taxes of $- and $5.4 0 7.0
Loss from discontinued operations, net of benefit for income taxes of $0.2 and $0.3 (0.3) (0.4)
Net income 233.0 78.8
Net income (loss) attributable to noncontrolling interest 6.6 (0.3)
Net income attributable to Trinity Industries, Inc. 226.4 79.1
Basic:    
Continuing operations (in dollars per share) $ 2.91 $ 0.91
Discontinued operations (in dollars per share) $ 0.00 $ 0.08
Basic (in dollars per share) $ 2.91 $ 0.99
Diluted:    
Continuing operations (in dollars per share) $ 2.85 $ 0.91
Discontinued operations (in dollars per share) $ 0.00 $ 0.08
Diluted (in dollars per share) $ 2.85 $ 0.99
Weighted average number of shares outstanding:    
Basic (in shares) 75.1 76.9
Diluted (in shares) 77.0 77.0
Dividends declared per common share (in dollars per share) $ 0.15 $ 0.11
Manufacturing
   
Revenues:    
Total revenues 1,018.3 798.5
Cost of revenues:    
Total cost of revenues 794.7 641.2
Selling, engineering, and administrative expenses:    
Total selling, engineering, and administrative expenses 49.5 42.7
Leasing
   
Revenues:    
Total revenues 442.2 134.4
Cost of revenues:    
Total cost of revenues 279.3 69.9
Selling, engineering, and administrative expenses:    
Total selling, engineering, and administrative expenses 11.0 9.7
Other
   
Selling, engineering, and administrative expenses:    
Total selling, engineering, and administrative expenses $ 23.1 $ 16.6