XML 24 R116.htm IDEA: XBRL DOCUMENT v2.4.0.8
Quarterly Data (Unaudited) (Details) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2011
Revenues $ 1,259.0 $ 1,374.3 $ 2,542.7 $ 2,018.7 $ 1,126.0 $ 1,280.7 $ 2,427.8 $ 1,686.8 $ 7,194.7 $ 6,521.3 $ 6,090.9
Cost of sales (excluding depreciation shown below) 785.4 836.8 1,486.7 1,215.5 659.8 792.7 1,524.3 1,122.3      
Operating and administrative expenses 396.1 407.5 461.5 426.9 400.1 404.5 443.8 342.7 1,692.0 1,591.1 1,267.0
Utility taxes other than income taxes 4.2 3.7 4.7 4.3 4.4 3.9 4.9 4.1 16.9 17.3 16.6
Depreciation 78.5 76.4 74.0 72.5 72.4 69.4 68.5 52.9 301.4 263.2 201.0
Amortization 15.4 15.4 15.6 15.3 15.1 15.1 14.1 7.5 61.7 51.8 26.7
Other income, net (8.3) (7.0) (7.5) (10.0) (10.8) (8.1) (12.8) (8.1) (32.8) (39.8) (45.5)
Total costs and expenses 1,271.3 1,332.8 2,035.0 1,724.5 1,141.0 1,277.5 2,042.8 1,521.4 6,363.6 5,982.7 5,448.5
Operating income (12.3) 41.5 507.7 294.2 (15.0) 3.2 385.0 165.4 831.1 538.6 642.4
Loss from equity investees (0.5)    0.1    (0.1) (0.1)    (0.1) (0.4) (0.3) (0.9)
(Loss) gain on extinguishments of debt         0 0.1 (13.4) 0    (13.3) (38.1)
Interest expense (59.5) (59.2) (60.1) (61.5) (61.0) (60.9) (62.5) (36.0) (240.3) (220.4) (138.0)
Income before income taxes (72.3) (17.7) 447.7 232.7 (76.1) (57.7) 309.1 129.3 590.4 304.6 465.4
Income taxes 13.2 (5.1) (106.0) (64.9) 7.7 (4.1) (77.2) (33.3) (162.8) (106.9) (145.4)
Net income (loss) (59.1) (22.8) 341.7 167.8 (68.4) (61.8) 231.9 96.0 427.6 197.7 320.0
(Deduct net income) add net loss attributable to noncontrolling interests, principally in AmeriGas Partners 44.9 31.9 (161.0) (65.3) 62.1 67.1 (95.6) (21.1) (149.5) 12.5 (74.6)
Net income (loss) attributable to UGI Corporation (14.2) 9.1 180.7 102.5 (6.3) 5.3 136.3 74.9 278.1 210.2 245.4
Earnings (loss) per share attributable to UGI stockholders:                      
Basic (in dollars per share) $ (0.12) $ 0.08 $ 1.59 $ 0.91 $ (0.06) $ 0.05 $ 1.21 $ 0.67 $ 2.44 $ 1.87 $ 2.20
Diluted (in dollars per share) $ (0.12) $ 0.08 $ 1.57 $ 0.90 $ (0.06) $ 0.05 $ 1.20 $ 0.66 $ 2.41 $ 1.85 $ 2.17
Shares used in computing basic and diluted earnings per share                      
Basic (in shares) 114,598 114,240 113,709 113,136 112,868 112,726 112,510 112,240 113,923 [1] 112,581 [1] 111,674
Diluted (in shares) 114,598 116,196 115,199 114,490 112,868 113,504 113,239 113,152 115,521 [1] 113,432 [1] 112,944
As Previously Reported
                     
Revenues   1,372.3 2,537.1 2,023.2 1,125.7 1,277.2 2,427.5 1,688.8      
Cost of sales (excluding depreciation shown below)   827.9 1,500.6 1,218.8 672.6 810.2 1,526.6 1,101.8      
Operating and administrative expenses   404.7 465.8 426.9 400.2 405.8 443.3 342.4   1,591.7 1,266.4
Utility taxes other than income taxes   3.7 4.7 4.3 4.4 3.9 4.9 4.1      
Depreciation   76.5 71.7 71.8 73.2 69.5 68.7 52.8   264.2 201.2
Amortization   15.4 15.6 15.3 15.1 15.1 14.1 7.5      
Other income, net   (9.0) (7.5) (10.0) (11.2) (8.1) (10.9) (8.1)   (38.3) (46.5)
Total costs and expenses   1,319.2 2,050.9 1,727.1 1,154.3 1,296.4 2,046.7 1,500.5      
Operating income   53.1 486.2 296.1 (28.6) (19.2) 380.8 188.3   521.3 616.0
Loss from equity investees      0.1    (0.1) (0.1)    (0.1)      
(Loss) gain on extinguishments of debt         0 0.1 (13.4) 0      
Interest expense   (59.2) (60.1) (60.3) (58.9) (61.3) (65.3) (36.0)   (221.5) (138.0)
Income before income taxes   (6.1) 426.2 235.8 (87.6) (80.5) 302.1 152.2   286.2 439.0
Income taxes   (9.0) (100.0) (65.1) 13.6 4.0 (75.1) (42.1)   (99.6) (130.8)
Net income (loss)   (15.1) 326.2 170.7 (74.0) (76.5) 227.0 110.1   186.6 308.2
(Deduct net income) add net loss attributable to noncontrolling interests, principally in AmeriGas Partners   29.8 (154.3) (68.1) 59.3 70.2 (93.6) (23.1)   12.8 (75.3)
Net income (loss) attributable to UGI Corporation   14.7 171.9 102.6 (14.7) (6.3) 133.4 87.0   199.4 232.9
Earnings (loss) per share attributable to UGI stockholders:                      
Basic (in dollars per share)   $ 0.13 $ 1.51 $ 0.91 $ (0.13) $ (0.06) $ 1.19 $ 0.78   $ 1.77 $ 2.09
Diluted (in dollars per share)   $ 0.13 $ 1.49 $ 0.90 $ (0.13) $ (0.06) $ 1.18 $ 0.77   $ 1.76 $ 2.06
Shares used in computing basic and diluted earnings per share                      
Basic (in shares)   114,240 113,709 113,136 112,868 112,726 112,510 112,240      
Diluted (in shares)   116,196 115,199 114,490 112,868 112,726 113,239 113,152      
Adjustment
                     
Revenues   2.0 5.6 (4.5) 0.3 3.5 0.3 (2.0)      
Cost of sales (excluding depreciation shown below)   8.9 (13.9) (3.3) (12.8) (17.5) (2.3) 20.5      
Operating and administrative expenses   2.8 (4.3)    (0.1) (1.3) 0.5 0.3   (0.6) 0.6
Utility taxes other than income taxes                             
Depreciation   (0.1) 2.3 0.7 (0.8) (0.1) (0.2) 0.1   (1.0) (0.2)
Amortization                             
Other income, net   2.0       0.4    (1.9)      (1.5) 1.0
Total costs and expenses   13.6 (15.9) (2.6) (13.3) (18.9) (3.9) 20.9      
Operating income   (11.6) 21.5 (1.9) 13.6 22.4 4.2 (22.9)   17.3 26.4
Loss from equity investees                             
(Loss) gain on extinguishments of debt         0 0 0 0      
Interest expense         (1.2) (2.1) 0.4 2.8      1.1  
Income before income taxes   (11.6) 21.5 (3.1) 11.5 22.8 7.0 (22.9)   18.4 26.4
Income taxes   3.9 (6.0) 0.2 (5.9) (8.1) (2.1) 8.8   (7.3) (14.6)
Net income (loss)   (7.7) 15.5 (2.9) 5.6 14.7 4.9 (14.1)   11.1 11.8
(Deduct net income) add net loss attributable to noncontrolling interests, principally in AmeriGas Partners   2.1 (6.7) 2.8 2.8 (3.1) (2.0) 2.0   (0.3) 0.7
Net income (loss) attributable to UGI Corporation   (5.6) 8.8 (0.1) 8.4 11.6 2.9 (12.1)   10.8 12.5
Earnings (loss) per share attributable to UGI stockholders:                      
Diluted (in dollars per share)   $ (0.05) $ 0.08 $ 0.00 $ 0.07 $ 0.10 $ 0.03 $ (0.11)   $ 0.09 $ 0.11
Midstream & Marketing hedge accounting | Adjustment
                     
Operating income   (6.9) 12.5 0.7 15.5 18.5 2.2 (19.3)   17.0 27.6
Net income (loss) attributable to UGI Corporation   (4.1) 7.3 0.4 9.1 10.8 1.3 (11.3)   10.0 16.2
Earnings (loss) per share attributable to UGI stockholders:                      
Diluted (in dollars per share)   $ (0.04) $ 0.06 $ 0.00 $ 0.08 $ 0.10 $ 0.01 $ (0.10)   $ 0.09 $ 0.14
Partnership customer credits | Adjustment
                     
Operating income   0 7.0 (2.8) (1.4) 3.2 (0.4) (3.2)   (1.8) 0.1
Net income (loss) attributable to UGI Corporation   0 1.1 (0.4) (0.2) 0.5 (0.1) (0.8)   (0.6) 0
Earnings (loss) per share attributable to UGI stockholders:                      
Diluted (in dollars per share)   $ 0.00 $ 0.01 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ (0.01)   $ 0.00 $ 0.00
Other | Adjustment
                     
Operating income   (4.7) 2.0 0.2 (0.5) 0.7 2.4 (0.4)   2.1 (1.3)
Net income (loss) attributable to UGI Corporation   $ (1.5) $ 0.4 $ (0.1) $ (0.5) $ 0.3 $ 1.7 $ 0   $ 1.4 $ (3.7)
Earnings (loss) per share attributable to UGI stockholders:                      
Diluted (in dollars per share)   $ (0.01) $ 0.01 $ 0.00 $ (0.01) $ 0.00 $ 0.02 $ 0.00   $ 0.00 $ (0.03)
[1] For Fiscal 2013, Fiscal 2012 and Fiscal 2011, there were approximately 88 shares, 81 shares and 3,700 shares, respectively, associated with outstanding stock option awards that were not included in the computation of diluted earnings per share above because their effect was antidilutive.