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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Sep. 30, 2014
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 15 SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

 

                                                                                                                                                                                    

 

 

(in thousands, except per share amounts)

 

2014

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Operating revenues

 

$

889,152 

 

$

893,430 

 

$

952,087 

 

$

985,038 

 

Operating income

 

 

264,031 

 

 

255,342 

 

 

271,912 

 

 

263,502 

 

Income from continuing operations

 

 

173,182 

 

 

174,589 

 

 

192,290 

 

 

168,705 

 

Net income

 

 

173,182 

 

 

174,570 

 

 

192,279 

 

 

168,688 

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

 

1.61 

 

 

1.61 

 

 

1.77 

 

 

1.55 

 

Net income

 

 

1.61 

 

 

1.61 

 

 

1.77 

 

 

1.55 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

 

1.59 

 

 

1.59 

 

 

1.75 

 

 

1.53 

 

Net income

 

 

1.59 

 

 

1.59 

 

 

1.75 

 

 

1.53 

 

 

                                                                                                                                                                                    

 

2013

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Operating revenues

 

$

844,572 

 

$

838,309 

 

$

840,197 

 

$

864,536 

 

Operating income

 

 

240,547 

 

 

232,920 

 

 

239,960 

 

 

243,234 

 

Income from continuing operations

 

 

159,611 

 

 

151,067 

 

 

250,978 

 

 

159,797 

 

Net income

 

 

159,603 

 

 

151,080 

 

 

266,159 

 

 

159,797 

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

 

1.50 

 

 

1.41 

 

 

2.35 

 

 

1.49 

 

Net income

 

 

1.50 

 

 

1.41 

 

 

2.49 

 

 

1.49 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

 

1.48 

 

 

1.39 

 

 

2.32 

 

 

1.47 

 

Net income

 

 

1.48 

 

 

1.39 

 

 

2.46 

 

 

1.47 

 

 

        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 2014, net income includes an after-tax gain from the sale of assets of $3.7 million, $0.03 per share on a diluted basis.

 

        In the second quarter of fiscal 2014, net income includes an after-tax gain from the sale of assets of $2.7 million, $0.02 per share on a diluted basis, and an after-tax gain from the sale of investment securities of $12.9 million, $0.12 per share on a diluted basis.

 

        In the third quarter of fiscal 2014, net income includes an after-tax gain from the sale of assets of $1.4 million, $0.01 per share on a diluted basis, and an after-tax gain from the sale of investment securities of $14.9 million, $0.13 per share on a diluted basis.

 

        In the fourth quarter of fiscal 2014, net income includes an after-tax gain from the sale of assets of $5.0 million, $0.05 per share on a diluted basis.

 

        In the first quarter of fiscal 2013, net income includes an after-tax gain from the sale of assets of $3.4 million, $0.03 per share on a diluted basis, and an after-tax gain from the sale of investment securities of $5.5 million, $0.05 per share on a diluted basis.

 

        In the second quarter of fiscal 2013, net income includes an after-tax gain from the sale of assets of $3.4 million, $0.03 per share on a diluted basis.

 

        In the third quarter of fiscal 2013, net income includes an after-tax gain from the sale of assets of $2.6 million, $0.02 per share on a diluted basis, and an after-tax gain from the sale of investment securities of $92.4 million, $0.86 per share on a diluted basis.

 

        In the fourth quarter of fiscal 2013, net income includes an after-tax gain from the sale of assets of $2.8 million, $0.03 per share on a diluted basis.