XML 22 R9.htm IDEA: XBRL DOCUMENT v3.4.0.3
EARNINGS PER COMMON SHARE
6 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE
EARNINGS PER COMMON SHARE
 
Three Months Ended March 31,
 
Six Months Ended March 31,
 
2016
 
2015
 
2016
 
2015
Basic EPS:
 
 
 
 
 
 
 
Net Income
$
100.8

 
$
94.4

 
$
147.7

 
$
141.5

Less: Income allocated to participating securities
0.3

 
0.3

 
0.5

 
0.5

Net Income Available to Common Shareholders
$
100.5

 
$
94.1

 
$
147.2

 
$
141.0

Weighted Average Shares Outstanding (in millions)
43.3

 
43.1

 
43.3

 
43.1

Basic Earnings Per Share of Common Stock
$
2.32

 
$
2.18

 
$
3.40

 
$
3.27

 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
 
Net Income
$
100.8

 
$
94.4

 
$
147.7

 
$
141.5

Less: Income allocated to participating securities
0.3

 
0.3

 
0.5

 
0.5

Net Income Available to Common Shareholders
$
100.5

 
$
94.1

 
$
147.2

 
$
141.0

Weighted Average Shares Outstanding (in millions)
43.3

 
43.1

 
43.3

 
43.1

Dilutive Effect of Stock Options, Restricted Stock and Restricted Stock Units (in millions)
0.2

 
0.1

 
0.2

 
0.1

Weighted Average Diluted Shares (in millions)
43.5

 
43.2

 
43.5

 
43.2

Diluted Earnings Per Share of Common Stock
$
2.31

 
$
2.18

 
$
3.39

 
$
3.26

 
 
 
 
 
 
 
 
Outstanding Shares (in millions) Excluded from
    the Calculation of Diluted EPS Attributable to:
 

 
 

 
 
 
 
Restricted stock and stock units subject to
    performance and/or market conditions
0.4

 
0.4

 
0.4

 
0.4


Spire's 2014 2.0% Series Equity Units issued in June 2014 were anti-dilutive for the three months ended March 31, 2016 and 2015; accordingly, they were excluded from the calculation of weighted average diluted shares for those periods.