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Quarterly Financial Information
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information
Note 2: Quarterly Financial Information (unaudited; millions, except per share data)
Quarterly earnings per share may not agree with the annual amounts due to rounding and the impact of additional common share issuances. Basic and Diluted Earnings per Share are the same for the periods
presented. As discussed above in “Divestiture of
 
Non-Regulated
 
Business Subsidiary” in Note 1 to the Consolidated Financial Statements, the Company divested of Usource in the first quarter of 2019.
 
 
Three Months Ended
 
 
March 31,
   
June 30,
   
September 30,
   
December 31,
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
Total Operating Revenues
 
$
152.1
 
 
$
145.8
 
 
$
84.4
 
 
$
84.5
 
 
$
85.3
 
 
$
88.2
 
 
$
116.4
 
 
$
125.6
 
Operating Income
 
$
28.8
 
 
$
28.1
 
 
$
12.3
 
 
$
10.6
 
 
$
10.0
 
 
$
10.3
 
 
$
22.0
 
 
$
22.2
 
Net Income Applicable to Common
 
$
26.5
 
 
$
15.6
 
 
$
4.0
 
 
$
3.6
 
 
$
2.3
 
 
$
2.8
 
 
$
11.4
 
 
$
11.0
 
       
 
Per Share Data:
 
Earnings Per Common Share
 
$
1.78
 
 
$
1.06
 
 
$
0.27
 
 
$
0.24
 
 
$
0.15
 
 
$
0.19
 
 
$
0.77
 
 
$
0.74
 
Dividends Paid Per Common Share
 
$
0.37
 
 
$
0.365
 
 
$
0.37
 
 
$
0.365
 
 
$
0.37
 
 
$
0.365
 
 
$
0.37
 
 
$
0.365