EARNINGS PER COMMON SHARE

12 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE    

(Millions, Except per share amounts)	2014		2013		2012
Basic EPS:
Net Income	$	84.6	$	52.8	$	62.6
Less: Income allocated to participating securities	0.3		0.3		0.3
Net Income Available to Common Shareholders	$	84.3	$	52.5	$	62.3
Weighted Average Shares Outstanding	35.8		25.9		22.3
Earnings Per Share of Common Stock	$	2.36	$	2.03	$	2.80
Diluted EPS:
Net Income	$	84.6	$	52.8	$	62.6
Less: Income allocated to participating securities	0.3		0.3		0.3
Net Income Available to Common Shareholders	$	84.3	$	52.5	$	62.3
Weighted Average Shares Outstanding	35.8		25.9		22.3
Dilutive Effect of Stock Options, Restricted Stock, and Restricted Stock Units	0.1		0.1		—
Weighted Average Diluted Shares	35.9		26.0		22.3
Earnings Per Share of Common Stock	$	2.35	$	2.02	$	2.79
Outstanding Shares Excluded from the Calculation of Diluted EPS Attributable to:
Antidilutive stock options	—		—		—
Restricted stock and stock units subject to performance and/or market conditions	0.3		0.2		0.2
Total	0.3		0.2		0.2

Laclede Group'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 year ended September 30, 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.