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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2016
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. follows.
 
Three Months Ended
June 30, 2016
 
Three Months Ended
June 30, 2015
 
Income
(Loss)
 
Average
Shares
 
EPS
 
Income
(Loss)
 
Average
Shares
 
EPS
 
(in millions, except per share amounts)
Net income attributable to Trinity Industries, Inc.
$
94.6

 
 
 
 
 
$
212.0

 
 
 
 
Unvested restricted share participation
(2.9
)
 
 
 
 
 
(6.5
)
 
 
 
 
Net income attributable to Trinity Industries, Inc. – basic
91.7

 
147.8

 
$
0.62

 
205.5

 
150.7

 
$
1.36

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Convertible subordinated notes

 

 
 
 
0.1

 
3.5

 
 
Net income attributable to Trinity Industries, Inc. – diluted
$
91.7

 
147.8

 
$
0.62

 
$
205.6

 
154.2

 
$
1.33

 
Six Months Ended
June 30, 2016
 
Six Months Ended
June 30, 2015
 
Income
(Loss)
 
Average
Shares
 
EPS
 
Income
(Loss)
 
Average
Shares
 
EPS
 
(in millions, except per share amounts)
Net income attributable to Trinity Industries, Inc.
$
191.8

 
 
 
 
 
$
392.2

 
 
 
 
Unvested restricted share participation
(5.7
)
 
 
 
 
 
(12.2
)
 
 
 
 
Net income attributable to Trinity Industries, Inc. – basic
186.1

 
148.7

 
$
1.25

 
380.0

 
151.0

 
$
2.52

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Convertible subordinated notes

 

 
 
 
0.2

 
3.3

 
 
Net income attributable to Trinity Industries, Inc. – diluted
$
186.1

 
148.7

 
$
1.25

 
$
380.2

 
154.3

 
$
2.46