EARNINGS PER COMMON SHARE

3 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

	Three Months Ended December 31,
(Millions, except per share amounts)	2014		2013
Basic EPS:
Net Income	$	47.1	$	35.6
Less: Income allocated to participating securities	0.2		0.2
Net Income Available to Common Shareholders	$	46.9	$	35.4
Weighted Average Shares Outstanding	43.1		32.6
Basic Earnings Per Share of Common Stock	$	1.09	$	1.09
Diluted EPS:
Net Income	$	47.1	$	35.6
Less: Income allocated to participating securities	0.2		0.2
Net Income Available to Common Shareholders	$	46.9	$	35.4
Weighted Average Shares Outstanding	43.1		32.6
Dilutive Effect of Stock Options, Restricted Stock and Restricted Stock Units	0.1		—
Weighted Average Diluted Shares	43.2		32.6
Diluted Earnings Per Share of Common Stock	$	1.09	$	1.09

Restricted stock and stock units subject to performance or market conditions were 0.4 and 0.3 for the three months ended December 31, 2014 and 2013 respectively. Laclede Group's 2014 2.0% Series Equity Units issued in June 2014 are potentially dilutive securities, but were excluded from the calculation of diluted EPS for the quarter ended December 31, 2014 in the table above.