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INTERIM FINANCIAL INFORMATION (UNAUDITED) (Unaudited)
12 Months Ended
Sep. 30, 2013
Quarterly Financial Information Disclosure [Abstract]  
INTERIM FINANCIAL INFORMATION (UNAUDITED)
INTERIM FINANCIAL INFORMATION (UNAUDITED)
    
In the opinion of Laclede Group, the quarterly information presented below for fiscal years 2013 and 2012 includes all adjustments (consisting of only normal recurring accruals) necessary for a fair statement of the results of operations for such periods. Variations in consolidated operations reported on a quarterly basis primarily reflect the seasonal nature of the business of the Utility.
(Thousands, Except Per Share Amounts)
 

 
 

 
 

 
 

Three Months Ended
Dec. 31
 
March 31
 
June 30
 
Sept. 30
Fiscal Year 2013
 
 
 
 
 
 
 
Total Operating Revenues
$
307,003

 
$
397,613

 
$
165,289

 
$
147,114

Operating Income (Loss)
42,085

 
51,849

 
12,282

 
(9,722
)
Net Income (Loss)
25,568

 
30,242

 
6,584

 
(9,636
)
Basic Earnings (Loss) Per Share of Common Stock
1.14

 
1.34

 
0.25

 
(0.30
)
Diluted Earnings (Loss) Per Share of Common Stock
1.14

 
1.34

 
0.25

 
(0.30
)
 
 
 
 
 
 
 
 
Three Months Ended
Dec. 31
 
March 31
 
June 30
 
Sept. 30
Fiscal Year 2012
 
 
 
 
 
 
 
Total Operating Revenues
$
410,913

 
$
358,175

 
$
186,849

 
$
169,538

Operating Income
43,105

 
50,583

 
15,045

 
1,869

Net Income (Loss)
25,174

 
29,684

 
8,433

 
(651
)
Basic Earnings (Loss) Per Share of Common Stock
1.13

 
1.33

 
0.38

 
(0.03
)
Diluted Earnings (Loss) Per Share of Common Stock
1.12

 
1.32

 
0.38

 
(0.03
)


All quarters of 2013 reflect transaction costs incurred associated with the acquisition of MGE. The fourth quarter of 2013 includes one month of activity of the operations of MGE, significant transaction costs incurred in the quarter and the interest impact of the debt issued in the quarter. Total impact of all of these during the quarter was a decrease in net income of $5.5 million.