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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Sep. 30, 2011
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) 
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 16 SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

(in thousands, except per share amounts)

2011
  1st Quarter   2nd Quarter   3rd Quarter   4th Quarter
 

 

                         

Operating revenues

  $ 594,642   $ 604,406   $ 644,095   $ 700,751  

Operating income

    170,726     164,265     174,418     193,102  

Income from continuing operations

    104,365     98,961     109,828     121,514  

Net income

    104,150     98,790     109,826     121,420  

Basic earnings per common share:

                         
 

Income from continuing operations

    0.98     0.92     1.02     1.13  
 

Net income

    0.98     0.92     1.02     1.13  

Diluted earnings per common share:

                         
 

Income from continuing operations

    0.96     0.91     1.01     1.11  
 

Net income

    0.96     0.91     1.01     1.11  
   

 

2010
  1st Quarter   2nd Quarter   3rd Quarter   4th Quarter
 

 

                         

Operating revenues

  $ 396,242   $ 436,579   $ 483,384   $ 558,957  

Operating income

    105,384     101,706     111,474     133,232  

Income from continuing operations

    63,802     74,105     64,883     83,291  

Net income (loss)

    63,235     46,747     (36,715 )   83,045  

Basic earnings per common share:

                         
 

Income from continuing operations

    0.61     0.70     0.61     0.78  
 

Net income (loss)

    0.60     0.44     (0.35 )   0.78  

Diluted earnings per common share:

                         
 

Income from continuing operations

    0.60     0.68     0.61     0.77  
 

Net income (loss)

    0.59     0.43     (0.34 )   0.77  
   

The sum of earnings per share for the four quarters may not equal the total earnings per share for the year due to changes in the average number of common shares outstanding.

In the first quarter of fiscal 2011, net income includes an after-tax gain from the sale of assets of $1.7 million, $0.02 per share on a diluted basis.

In the second quarter of fiscal 2011, net income includes an after-tax gain from the sale of assets of $2.6 million, $0.02 per share on a diluted basis.

In the third quarter of fiscal 2011, net income includes an after-tax gain from the sale of assets of $2.2 million, $0.02 per share on a diluted basis, and an after-tax gain from the sale of investment securities of $0.6 million, $0.01 per share on a diluted basis.

In the fourth quarter of fiscal 2011, net income includes an after-tax gain from the sale of assets of $2.4 million, $0.02 per share on a diluted basis.

In the first quarter of fiscal 2010, net income includes an after-tax gain from the sale of assets of $0.7 million, $0.01 per share on a diluted basis.

In the second quarter of fiscal 2010, net income includes an after-tax gain from the sale of assets of $0.6 million, $0.01 per share on a diluted basis.

In the third quarter of fiscal 2010, net income includes an after-tax gain from the sale of assets of $1.5 million, $0.01 per share on a diluted basis.

In the fourth quarter of fiscal 2010, net income includes an after-tax gain from the sale of assets of $0.5 million with no effect on diluted earnings per share.