Three Months Ended
March 31, 2012

Three Months Ended
March 31, 2011

(in millions, except per share amounts)

Income
(Loss)

Average
Shares

EPS

Income
(Loss)

Average
Shares

EPS

Net income attributable to Trinity Industries, Inc.

$

52.9

$

24.2

Unvested restricted share participation

(1.7

)

(0.9

)

Net income attributable to Trinity Industries, Inc. – basic

51.2

77.8

$

0.66

23.3

77.1

$

0.30

Effect of dilutive securities:

Stock options

—

0.3

—

0.3

Net income attributable to Trinity Industries, Inc. – diluted

$

51.2

78.1

$

0.66

$

23.3

77.4

$

0.30