XML 15 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Total revenues $ 1,111.7 $ 1,542.2 $ 3,484.5 $ 4,845.7
Cost of revenues:        
Total cost of revenues 827.3 1,109.4 2,614.9 3,540.1
Selling, engineering, and administrative expenses:        
Total selling, engineering, and administrative expenses 102.3 126.6 305.5 339.3
Gains on dispositions of property:        
Net gains on railcar lease fleet sales owned more than one year at the time of sale 0.0 57.8 13.5 102.8
Other 1.5 0.9 1.0 11.8
Total gains (losses) on disposition of property 1.5 58.7 14.5 114.6
Total operating profit 183.6 364.9 578.6 1,080.9
Other (income) expense:        
Interest income (1.4) (0.6) (3.9) (1.6)
Interest expense 45.3 46.7 136.7 148.8
Other, net 0.2 (1.0) (5.4) (4.0)
Total other (income) expense 44.1 45.1 127.4 143.2
Income before income taxes 139.5 319.8 451.2 937.7
Provision for income taxes 49.9 107.6 160.7 315.7
Net income 89.6 212.2 290.5 622.0
Net income attributable to noncontrolling interest 5.4 7.9 14.5 25.5
Net income attributable to Trinity Industries, Inc. $ 84.2 $ 204.3 $ 276.0 $ 596.5
Net income attributable to Trinity Industries, Inc. per common share:        
Basic (in dollars per share) $ 0.55 $ 1.32 $ 1.81 $ 3.84
Diluted (in dollars per share) $ 0.55 $ 1.31 $ 1.81 $ 3.78
Weighted average number of shares outstanding:        
Basic (in shares) 148.7 150.0 148.3 150.6
Diluted (in shares) 148.7 150.9 148.3 153.1
Dividends declared per common share (in dollars per share) $ 0.11 $ 0.11 $ 0.33 $ 0.32
Manufacturing        
Revenues:        
Total revenues $ 938.5 $ 1,295.6 $ 2,837.4 $ 4,123.5
Cost of revenues:        
Total cost of revenues 745.4 976.0 2,258.4 3,162.3
Selling, engineering, and administrative expenses:        
Total selling, engineering, and administrative expenses 54.9 71.5 176.6 202.2
Leasing        
Revenues:        
Total revenues 173.2 246.6 647.1 722.2
Cost of revenues:        
Total cost of revenues 81.9 133.4 356.5 377.8
Selling, engineering, and administrative expenses:        
Total selling, engineering, and administrative expenses 11.8 15.4 33.9 38.4
Other        
Selling, engineering, and administrative expenses:        
Total selling, engineering, and administrative expenses $ 35.6 $ 39.7 $ 95.0 $ 98.7