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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Computation of basic and diluted net income attributable to Trinity Industries, Inc.
The following table sets forth the computation of basic and diluted net income (loss) attributable to Trinity Industries, Inc. for the three and six months ended June 30, 2021 and 2020.
 Three Months Ended June 30,Six Months Ended June 30,
 2021202020212020
(in millions, except per share amounts)
Income (loss) from continuing operations$4.8 $(287.8)$6.5 $(125.3)
Less: Net loss attributable to noncontrolling interest7.9 80.9 9.9 80.3 
Unvested restricted share participation – continuing operations— — — — 
Net income (loss) from continuing operations attributable to Trinity Industries, Inc.12.7 (206.9)16.4 (45.0)
Net loss from discontinued operations, net of income taxes
— — (0.4)(0.2)
Unvested restricted share participation – discontinued operations— — — — 
Net loss from discontinued operations attributable to Trinity Industries, Inc.
— — (0.4)(0.2)
Net income (loss) attributable to Trinity Industries, Inc., including the effect of unvested restricted share participation$12.7 $(206.9)$16.0 $(45.2)
Basic weighted average shares outstanding102.8 117.3 106.4 117.6 
Effect of dilutive securities2.3 — 2.5 — 
Diluted weighted average shares outstanding
105.1 117.3 108.9 117.6 
Basic earnings per common share:
Income (loss) from continuing operations$0.12 $(1.76)$0.15 $(0.38)
Income (loss) from discontinued operations— — — — 
Basic net income (loss) attributable to Trinity Industries, Inc.$0.12 $(1.76)$0.15 $(0.38)
Diluted earnings per common share:
Income (loss) from continuing operations$0.12 $(1.76)$0.15 $(0.38)
Income (loss) from discontinued operations— — — — 
Diluted net income (loss) attributable to Trinity Industries, Inc.$0.12 $(1.76)$0.15 $(0.38)
Potentially dilutive securities excluded from EPS calculation:
Antidilutive restricted shares0.1 — 0.1 — 
Antidilutive stock options— — — —