XML 50 R32.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Financial Data
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
Quarterly financial data does not always reveal the trend of NiSource’s business operations due to nonrecurring items and seasonal weather patterns, which affect earnings and related components of net revenues and operating income.
 
(in millions, except per share data)
First
Quarter(1)
 
Second
Quarter(1)
 
Third
Quarter
 
Fourth
Quarter
2016
 
 
 
 
 
 
 
Gross revenues
$
1,436.6

 
$
897.6

 
$
861.3

 
$
1,297.0

Operating Income
381.4

 
138.2

 
113.7

 
224.9

Income from Continuing Operations
186.6

 
29.0

 
23.7

 
88.8

Results from Discontinued Operations - net of taxes
—

 
(0.1
)
 
3.5

 
—

Net Income
186.6

 
28.9

 
27.2

 
88.8

Basic Earnings Per Share
 
 
 
 
 
 
 
Continuing Operations
0.58

 
0.09

 
0.07

 
0.28

Discontinued Operations
—

 
—

 
0.01

 
—

Basic Earnings Per Share
$
0.58

 
$
0.09

 
$
0.08

 
$
0.28

Diluted Earnings Per Share
 
 
 
 
 
 
 
Continuing Operations
0.58

 
0.09

 
0.07

 
0.27

Discontinued Operations
—

 
—

 
0.01

 
—

Diluted Earnings Per Share
$
0.58

 
$
0.09

 
$
0.08

 
$
0.27

2015
 
 
 
 
 
 
 
Gross revenues
$
1,852.2

 
$
884.6

 
$
817.2

 
$
1,097.8

Operating Income
386.3

 
84.4

 
109.7

 
219.5

Income (Loss) from Continuing Operations
192.5

 
(73.1
)
 
14.8

 
64.4

Results from Discontinued Operations - net of taxes(2)
82.8

 
45.4

 
(19.7
)
 
(5.0
)
Net Income (Loss)
275.3

 
(27.7
)
 
(4.9
)
 
59.4

Net Income (Loss) attributable to NiSource
268.4

 
(36.4
)
 
(4.9
)
 
59.4

Basic Earnings (Loss) Per Share
 
 
 
 
 
 
 
Continuing Operations
0.61

 
(0.23
)
 
0.05

 
0.20

Discontinued Operations
0.24

 
0.12

 
(0.07
)
 
(0.01
)
Basic Earnings (Loss) Per Share
$
0.85

 
$
(0.11
)
 
$
(0.02
)
 
$
0.19

Diluted Earnings (Loss) Per Share
 
 
 
 
 
 
 
Continuing Operations
0.61

 
(0.23
)
 
0.05

 
0.20

Discontinued Operations
0.24

 
0.12

 
(0.07
)
 
(0.01
)
Diluted Earnings (Loss) Per Share
$
0.85

 
$
(0.11
)
 
$
(0.02
)
 
$
0.19


(1)First and second quarter results for 2016 differ from the results presented in the as-filed Form 10-Q for the respective periods as a result of the adoption of ASU 2016-09 in the third quarter of 2016. Refer to Note 2, "Recent Accounting Pronouncements," for additional information.
(2)Includes the results of the former Columbia Pipeline Group segment.