EARNINGS PER COMMON SHARE

6 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

	Three Months Ended March 31,				Six Months Ended March 31,
(Millions, except per share amounts)	2015		2014		2015		2014
Basic EPS:
Net Income	$	94.4	$	52.2	$	141.5	$	87.8
Less: Income allocated to participating securities	0.3		0.2		0.5		0.3
Net Income Available to Common Shareholders	$	94.1	$	52.0	$	141.0	$	87.5
Weighted Average Shares Outstanding	43.1		32.6		43.1		32.6
Basic Earnings Per Share of Common Stock	$	2.18	$	1.59	$	3.27	$	2.68
Diluted EPS:
Net Income	$	94.4	$	52.2	$	141.5	$	87.8
Less: Income allocated to participating securities	0.3		0.2		0.5		0.3
Net Income Available to Common Shareholders	$	94.1	$	52.0	$	141.0	$	87.5
Weighted Average Shares Outstanding	43.1		32.6		43.1		32.6
Dilutive Effect of Stock Options, Restricted Stock and Restricted Stock Units	0.1		—		0.1		0.1
Weighted Average Diluted Shares	43.2		32.6		43.2		32.7
Diluted Earnings Per Share of Common Stock	$	2.18	$	1.59	$	3.26	$	2.68

There were 0.4 and 0.3 shares of restricted stock and stock units subject to performance or market conditions for the three and six months ended March 31, 2015 and 2014, respectively, excluded from the calculation of diluted EPS. Also, Laclede Group's 2014 2.0% Series Equity Units issued in June 2014 are potentially dilutive securities but were anti-dilutive for the three and six months ended March 31, 2015; accordingly, they were excluded from the calculation of weighted average diluted shares for those periods.