ACQUISITIONS (Tables)

12 Months Ended

Sep. 30, 2015

Business Combinations [Abstract]

Schedule of consideration paid and amounts of assets acquired and liabilities assumed

The following table summarizes the consideration paid and the amounts of the assets acquired and liabilities assumed at the acquisition date, and the acquisitions are described below. Measurement period adjustments were immaterial.

	MGE			Alagasco
Recognized amounts of identifiable assets acquired and liabilities assumed:
Utility plant	$	671.1		$	892.7
Cash	—			12.1
Inventories	62.7			47.7
Other current assets	36.0			51.7
Deferred tax assets	—			282.0
Other assets	99.0			143.4
Current portion of long-term debt	—			(15.0		)
Long-term debt	—			(249.8		)
Other current liabilities	(65.9		)	(173.4		)
Other liabilities	(72.9		)	(130.4		)
Total identifiable net assets	730.0			861.0
Goodwill	210.2			735.8
Deferred tax elimination (Laclede Group)	—			(271.3		)
Consideration (cash)	$	940.2		$	1,325.5

Schedule of Pro Forma Information

The results of operations of each of the acquisitions are included in the statement of income from the date of acquisition, as shown in the following table.

	2015		2014			2013
Total Operating Revenues:
MGE	$	556.8	$	554.2		$	22.0
Alagasco	479.2		19.7			—
Net Income (Loss):
MGE	$	39.9	$	39.5		$	1.8
Alagasco	48.0		(2.9		)	—
Earnings (Loss) Per Share:
MGE	$	0.92	$	1.10		$	0.07
Alagasco	1.11		(0.08		)	—

The following unaudited pro forma financial information presents the combined results of operations as though the acquisitions had occurred as of October 1, 2012. The pro forma financial information does not reflect the costs of any integration activities. The pro forma results include estimates and assumptions, which management believes are reasonable. The unaudited pro forma financial information is not necessarily indicative of either future results of operations or results that might have been achieved had Alagasco or MGE been part of the Company as of the beginning of fiscal 2013.

	Laclede Group				Laclede Gas
	2014		2013		2013
Total Operating Revenues	$	2,187.1	$	2,051.5	$	1,518.2
Net Income	133.5		102.0		83.6
Basic Earnings Per Share	$	3.11	$	2.50
Diluted Earnings Per Share	3.10		2.49