XML 12 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
May 31, 2025
May 31, 2024
May 31, 2025
May 31, 2024
Revenue        
Revenue $ 842.7 $ 820.2 $ 2,480.7 $ 2,491.7
Cost of revenue        
Cost of revenue 691.2 696.4 2,017.0 2,124.4
Margin 151.5 123.8 463.7 367.3
Selling and administrative expense 65.9 59.3 192.5 179.2
Net gain on disposition of equipment (7.0) (7.8) (16.8) (12.6)
Earnings from operations 92.6 72.3 288.0 200.7
Other costs        
Interest and foreign exchange 13.2 24.7 58.3 72.5
Earnings before income tax and earnings from unconsolidated affiliates 79.4 47.6 229.7 128.2
Income tax expense (18.1) (10.7) (71.5) (30.0)
Earnings before earnings from unconsolidated affiliates 61.3 36.9 158.2 98.2
Earnings from unconsolidated affiliates 6.2 3.7 14.6 9.2
Net earnings 67.5 40.6 172.8 107.4
Net earnings attributable to noncontrolling interest (7.4) (6.7) (5.5) (8.9)
Net earnings attributable to Greenbrier $ 60.1 $ 33.9 $ 167.3 $ 98.5
Basic earnings per common share $ 1.92 $ 1.09 $ 5.35 $ 3.17
Diluted earnings per common share [1] $ 1.86 $ 1.06 $ 5.18 $ 3.05
Weighted average common shares:        
Basic 31,186 31,131 31,269 31,091
Diluted 32,184 32,021 32,272 32,456
Manufacturing        
Revenue        
Revenue $ 778.2 $ 755.0 $ 2,298.9 $ 2,325.7
Cost of revenue        
Cost of revenue 672.6 672.2 1,958.4 2,070.1
Leasing & Fleet Management        
Revenue        
Revenue 64.5 65.2 181.8 166.0
Cost of revenue        
Cost of revenue $ 18.6 $ 24.2 $ 58.6 $ 54.3
[1] Diluted earnings per share for the nine months ended May 31, 2024 was calculated as follows:

Earnings before interest and debt issuance costs on the 2.875% convertible notes due 2024

Weighted average diluted common shares outstanding