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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Sep. 30, 2016
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)  
Schedule of selected quarterly financial data (unaudited)

                                                                                                                                                                                           

 

 

(in thousands, except per share amounts)

 

2016

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Operating revenues

 

$

487,847

 

$

438,191

 

$

366,486

 

$

331,708

 

Operating income (loss)

 

 

38,670

 

 

41,621

 

 

(13,256

)

 

(93,001

)

Income (loss) from continuing operations

 

 

15,898

 

 

25,174

 

 

(21,193

)

 

(72,869

)

Net income (loss)

 

 

16,002

 

 

21,205

 

 

(21,200

)

 

(72,835

)

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

 

0.15

 

 

0.23

 

 

(0.20

)

 

(0.68

)

Net income (loss)

 

 

0.15

 

 

0.19

 

 

(0.20

)

 

(0.68

)

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

 

0.15

 

 

0.23

 

 

(0.20

)

 

(0.68

)

Net income (loss)

 

 

0.15

 

 

0.19

 

 

(0.20

)

 

(0.68

)

 

                                                                                                                                                                                    

2015, as adjusted

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter (1)

 

Operating revenues

 

$

1,060,787

 

$

885,670

 

$

661,445

 

$

553,800

 

Operating income (loss)

 

 

330,371

 

 

231,326

 

 

135,049

 

 

(24,783

)

Income (loss) from continuing operations

 

 

203,623

 

 

153,542

 

 

90,899

 

 

(27,590

)

Net income (loss)

 

 

203,608

 

 

153,543

 

 

90,872

 

 

(27,596

)

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

 

1.87

 

 

1.42

 

 

0.84

 

 

(0.26

)

Net income (loss)

 

 

1.87

 

 

1.42

 

 

0.84

 

 

(0.26

)

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations        

 

 

1.86

 

 

1.41

 

 

0.83

 

 

(0.26

)

Net income (loss)

 

 

1.86

 

 

1.41

 

 

0.83

 

 

(0.26

)


 

 

 

(1)          

The fourth quarter of fiscal 2015 has been adjusted for the change in accounting principle to eliminate the one-month lag for foreign subsidiaries as described in Note 1 of these financial statements. The impact to the fourth quarter was an increase in net loss of $6.4 million and an increase in diluted loss per common share of $0.06. The impact to the first, second and third quarters of fiscal 2015 have been previously disclosed in our Form 10-Q filings during fiscal 2016.