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Earnings Per Common Share (Tables) | 9 Months Ended
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Sep. 30, 2019
Earnings Per Share [Abstract] |
Computation of basic and diluted net income attributable to Trinity Industries, Inc. | The computation of basic and diluted net income attributable to Trinity Industries, Inc. is as follows.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
| (in millions, except per share amounts)
Income from continuing operations | $ | 48.1 |  |  | $ | 28.5 |  |  | $ | 116.9 |  |  | $ | 81.0 |
Less: Net (income) loss attributable to noncontrolling interest | 1.3 |  |  | (0.6 | ) |  | 1.4 |  |  | (3.4 | )
Unvested restricted share participation — continuing operations | (0.6 | ) |  | (0.6 | ) |  | (1.6 | ) |  | (1.9 | )
Net income from continuing operations attributable to Trinity Industries, Inc. | 48.8 |  |  | 27.3 |  |  | 116.7 |  |  | 75.7 |
Net income (loss) from discontinued operations, net of income taxes | (0.4 | ) |  | (0.2 | ) |  | (2.3 | ) |  | 54.4 |
Unvested restricted share participation — discontinued operations | — |  |  | — |  |  | — |  |  | (0.5 | )
Net income (loss) from discontinued operations attributable to Trinity Industries, Inc. | (0.4 | ) |  | (0.2 | ) |  | (2.3 | ) |  | 53.9 |
Net income attributable to Trinity Industries, Inc., including the effect of unvested restricted share participation | $ | 48.4 |  |  | $ | 27.1 |  |  | $ | 114.4 |  |  | $ | 129.6 |
Basic weighted average shares outstanding | 124.7 |  |  | 145.0 |  |  | 127.6 |  |  | 146.1 |
Effect of dilutive securities: |  |  |  |  |  |  |
Nonparticipating unvested RSUs and RSAs | 1.3 |  |  | 0.8 |  |  | 1.6 |  |  | 0.9 |
Convertible subordinated notes | — |  |  | — |  |  | — |  |  | 1.8 |
Diluted weighted average shares outstanding | 126.0 |  |  | 145.8 |  |  | 129.2 |  |  | 148.8 |
Basic earnings per common share: |  |  |  |  |  |  |
Income from continuing operations | $ | 0.39 |  |  | $ | 0.19 |  |  | $ | 0.91 |  |  | $ | 0.52 |
Income (loss) from discontinued operations | — |  |  | — |  |  | (0.02 | ) |  | 0.37 |
Basic net income attributable to Trinity Industries, Inc. | $ | 0.39 |  |  | $ | 0.19 |  |  | $ | 0.89 |  |  | $ | 0.89 |
Diluted earnings per common share: |  |  |  |  |  |  |
Income from continuing operations | $ | 0.39 |  |  | $ | 0.19 |  |  | $ | 0.90 |  |  | $ | 0.51 |
Income (loss) from discontinued operations | — |  |  | — |  |  | (0.02 | ) |  | 0.36 |
Diluted net income attributable to Trinity Industries, Inc. | $ | 0.39 |  |  | $ | 0.19 |  |  | $ | 0.88 |  |  | $ | 0.87 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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