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Trinity Industries, Inc. Reports Strong Growth In Second Quarter Of 2012 And Increases Full Year 2012 Earnings Guidance

(unaudited)

Basic net income attributable to Trinity Industries, Inc. per common share is computed by dividing net income attributable to Trinity remaining after allocation to unvested restricted shares by the weighted average number of basic common shares outstanding for the period.

  Three Months Ended

June 30, 2012

  Three Months Ended

June 30, 2011

Income(Loss)

 

AverageShares

 

EPS

Income(Loss)

 

AverageShares

 

EPS

Net income attributable to Trinity Industries, Inc. $ 67.8 $ 30.0
Unvested restricted share participation (2.3) (1.0)
Net income attributable to Trinity Industries, Inc. – basic 65.5 77.7 $ 0.84 29.0 77.4 $ 0.37
Effect of dilutive securities:
Stock options 0.2 0.3
Net income attributable to Trinity Industries, Inc. – diluted $ 65.5 77.9 $ 0.84 $ 29.0 77.7 $ 0.37
 
Six Months Ended

June 30, 2012

Six Months Ended

June 30, 2011

Income(Loss)

AverageShares

EPS

Income(Loss)

AverageShares

EPS

Net income attributable to Trinity Industries, Inc. $ 120.7 $ 54.2
Unvested restricted share participation (4.0) (1.9)
Net income attributable to Trinity Industries, Inc. – basic 116.7 77.7 $ 1.50 52.3 77.2 $ 0.68
Effect of dilutive securities:
Stock options 0.2 0.3
Net income attributable to Trinity Industries, Inc. – diluted $ 116.7 77.9 $ 1.50 $ 52.3 77.5 $ 0.67
 

Trinity Industries, Inc.

Reconciliation of EBITDA

(in millions)

6 of 8

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