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Note 14. Earnings Per Common Share Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The computation of basic and diluted net income attributable to Trinity Industries, Inc. is as follows:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
(in millions, except per share amounts)
Income from continuing operations
$
139.2

 
$
109.0

 
$
610.2

Less: Net (income) loss attributable to noncontrolling interest
1.5

 
(3.8
)
 
(11.1
)
Unvested restricted share participation  continuing operations
(1.8
)
 
(2.2
)
 
(13.5
)
Convertible subordinated notes

 

 
0.3

Net income from continuing operations attributable to Trinity Industries, Inc.
138.9

 
103.0

 
585.9

Net income (loss) from discontinued operations, net of income taxes
(3.1
)
 
54.1

 
103.4

Unvested restricted share participation  discontinued operations

 
(0.6
)
 
(1.9
)
Net income (loss) from discontinued operations attributable to Trinity Industries, Inc.
(3.1
)
 
53.5

 
101.5

Net income attributable to Trinity Industries, Inc., including the effect of unvested restricted share participation
$
135.8

 
$
156.5

 
$
687.4

 
 
 
 
 
 
Basic weighted average shares outstanding
125.6

 
144.0

 
148.6

Effect of dilutive securities:
 
 
 
 
 
Nonparticipating unvested RSUs and RSAs
1.7

 
1.0

 
0.5

Convertible subordinated notes

 
1.4

 
2.9

Diluted weighted average shares outstanding
127.3

 
146.4

 
152.0

 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
Income from continuing operations
$
1.11

 
$
0.72

 
$
3.94

Income (loss) from discontinued operations
(0.02
)
 
0.37

 
0.68

Basic net income attributable to Trinity Industries, Inc.
$
1.09

 
$
1.09

 
$
4.62

Diluted earnings per common share:
 
 
 
 
 
Income from continuing operations
$
1.09

 
$
0.70

 
$
3.85

Income (loss) from discontinued operations
(0.02
)
 
0.37

 
0.67

Diluted net income attributable to Trinity Industries, Inc.
$
1.07

 
$
1.07

 
$
4.52