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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2018
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
September 30, 2018
 
Three Months Ended
September 30, 2017
 
Income
(Loss)
 
Average
Shares
 
EPS
 
Income
(Loss)
 
Average
Shares
 
EPS
 
(in millions, except per share amounts)
Net income attributable to Trinity Industries, Inc.
$
27.7

 
 
 
 
 
$
66.9

 
 
 
 
Unvested restricted share participation
(0.6
)
 
 
 
 
 
(1.3
)
 
 
 
 
Net income attributable to Trinity Industries, Inc. – basic
27.1

 
145.0

 
$
0.19

 
65.6

 
148.0

 
$
0.44

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Nonparticipating unvested restricted shares and stock options

 
0.8

 
 
 

 
0.5

 
 
Convertible subordinated notes

 

 
 
 

 
2.8

 
 
Net income attributable to Trinity Industries, Inc. – diluted
$
27.1

 
145.8

 
$
0.19

 
$
65.6

 
151.3

 
$
0.43

 
Nine Months Ended
September 30, 2018
 
Nine Months Ended
September 30, 2017
 
Income
(Loss)
 
Average
Shares
 
EPS
 
Income
(Loss)
 
Average
Shares
 
EPS
 
(in millions, except per share amounts)
Net income attributable to Trinity Industries, Inc.
$
132.0

 
 
 
 
 
$
164.0

 
 
 
 
Unvested restricted share participation
(2.4
)
 
 
 
 
 
(3.6
)
 
 
 
 
Net income attributable to Trinity Industries, Inc. – basic
129.6

 
146.1

 
$
0.89

 
160.4

 
148.6

 
$
1.08

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Nonparticipating unvested restricted shares and stock options

 
0.9

 
 
 

 
0.4

 
 
Convertible subordinated notes

 
1.8

 
 
 

 
2.1

 
 
Net income attributable to Trinity Industries, Inc. – diluted
$
129.6

 
148.8

 
$
0.87

 
$
160.4

 
151.1

 
$
1.06