Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted net income attributable to Trinity Industries, Inc.

	Three Months Ended March 31,
	2024		2023
	(in millions, except per share amounts)
Income from continuing operations	$	31.7	$	16.8
Less: Net income attributable to noncontrolling interest	(3.7)		(9.3)
Net income from continuing operations attributable to Trinity Industries, Inc.	28.0		7.5
Net loss from discontinued operations attributable to Trinity Industries, Inc.	(4.3)		(3.1)
Net income attributable to Trinity Industries, Inc.	$	23.7	$	4.4
Basic weighted average shares outstanding	81.6		80.8
Effect of dilutive securities	1.9		2.4
Diluted weighted average shares outstanding	83.5		83.2
Basic earnings per common share:
Income from continuing operations	$	0.34	$	0.09
Loss from discontinued operations	(0.05)		(0.04)
Basic net income attributable to Trinity Industries, Inc.	$	0.29	$	0.05
Diluted earnings per common share:
Income from continuing operations	$	0.33	$	0.09
Loss from discontinued operations	(0.05)		(0.04)
Diluted net income attributable to Trinity Industries, Inc.	$	0.28	$	0.05
Potentially dilutive securities excluded from EPS calculation:
Antidilutive restricted shares	0.2		0.1
Antidilutive stock options	—		—