EARNINGS PER COMMON SHARE

12 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

	2016		2015		2014
Basic EPS:
Net Income	$	144.2	$	136.9	$	84.6
Less: Income allocated to participating securities	0.5		0.5		0.3
Net Income Available to Common Shareholders	$	143.7	$	136.4	$	84.3
Weighted Average Shares Outstanding (millions)	44.1		43.2		35.8
Earnings Per Share of Common Stock	$	3.26	$	3.16	$	2.36
Diluted EPS:
Net Income	$	144.2	$	136.9	$	84.6
Less: Income allocated to participating securities	0.5		0.5		0.3
Net Income Available to Common Shareholders	$	143.7	$	136.4	$	84.3
Weighted Average Shares Outstanding (millions)	44.1		43.2		35.8
Dilutive Effect of Stock Options, Restricted Stock, and Restricted Stock Units (millions)	0.2		0.1		0.1
Weighted Average Diluted Shares (millions)	44.3		43.3		35.9
Earnings Per Share of Common Stock	$	3.24	$	3.16	$	2.35
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	0.3		0.3		0.3

Spire’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 years ended September 30, 2016, 2015 and 2014. The potential shares were not included in the outstanding shares excluded from the calculation of Diluted EPS in the table above. See Note 5 for more information.