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Miscellaneous Financial Information (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information
Cleco
Quarterly information for Cleco for 2015 and 2014 is shown in the following tables:
 
 

 
 

 
 

 
2015

(THOUSANDS, EXCEPT PER SHARE AMOUNTS)
1ST
QUARTER

 
2ND
QUARTER

 
3RD
QUARTER

 
4TH
QUARTER

Operating revenue, net
$
295,457

 
$
289,074

 
$
345,468

 
$
279,403

Operating income
$
62,722

 
$
69,884

 
$
102,572

 
$
52,162

Net income applicable to common stock
$
26,922

 
$
30,234

 
$
54,663

 
$
21,850

Basic earnings per average common share outstanding
$
0.45

 
$
0.50

 
$
0.90

 
$
0.36

Diluted earnings per average common share outstanding
$
0.44

 
$
0.50

 
$
0.90

 
$
0.36

Dividends on common stock
$
0.40

 
$
0.40

 
$
0.40

 
$
0.40

Market sales price per share
 

 
 

 
 

 
 

High
$
55.24

 
$
54.88

 
$
54.76

 
$
53.75

Low
$
53.69

 
$
53.59

 
$
53.02

 
$
48.47

 
 
 

 
 

 
 

 
2014

(THOUSANDS, EXCEPT PER SHARE AMOUNTS)
1ST
QUARTER

 
2ND
QUARTER

 
3RD
QUARTER

 
4TH
QUARTER

Operating revenue, net
$
284,387

 
$
309,070

 
$
371,386

 
$
304,643

Operating income
$
57,338

 
$
66,721

 
$
107,242

 
$
54,729

Net income applicable to common stock
$
25,924

 
$
36,633

 
$
70,835

 
$
21,347

Basic earnings per average common share outstanding
$
0.43

 
$
0.61

 
$
1.17

 
$
0.35

Diluted earnings per average common share outstanding
$
0.43

 
$
0.60

 
$
1.17

 
$
0.35

Dividends on common stock
$
0.3625

 
$
0.40

 
$
0.40

 
$
0.40

Market sales price per share
 

 
 

 
 

 
 

High
$
50.99

 
$
59.13

 
$
59.21

 
$
55.36

Low
$
45.52

 
$
49.32

 
$
48.06

 
$
46.11
Cleco Power [Member]  
Quarterly Financial Information
Cleco Power
Quarterly information for Cleco Power for 2015 and 2014 is shown in the following tables:
 
 

 
 

 
 

 
2015

(THOUSANDS)
1ST
QUARTER

 
2ND
QUARTER

 
3RD
QUARTER

 
4TH
QUARTER

Operating revenue, net
$
295,271

 
$
288,885

 
$
345,189

 
$
279,122

Operating income
$
65,670

 
$
70,243

 
$
103,966

 
$
54,321

Net income
$
28,605

 
$
31,813

 
$
58,661

 
$
22,270

Distribution to Cleco Corporation (as sole member)
$
25,000

 
$
35,000

 
$
40,000

 
$
35,000

 
 
 
 
 
 
 
 
2014

(THOUSANDS)
1ST
QUARTER

 
2ND
QUARTER

 
3RD
QUARTER

 
4TH
QUARTER

Operating revenue, net
$
284,180

 
$
308,859

 
$
371,178

 
$
304,432

Operating income
$
58,188

 
$
67,032

 
$
108,303

 
$
66,189

Net income
$
26,307

 
$
32,658

 
$
65,544

 
$
29,806

Contributions from Cleco Corporation
$
138,080

 
$
—

 
$
—

 
$
—

Distribution to Cleco Corporation (as sole member)
$
35,000

 
$
35,000

 
$
15,000

 
$
30,000