|
| | | | | | | | | | | | | | | |
| Quarter Ended |
| December 31 | | September 30 | | June 30 | | March 31 |
| (in millions, except per share amounts) |
2011 | | | | | | | |
Operating revenues | $ | 1,459 |
| | $ | 2,209 |
| | $ | 1,633 |
| | $ | 1,499 |
|
Income from operations | 196 |
| | 403 |
| | 183 |
| | 18 |
|
Income (loss) before discontinued operations attributable to Calpine | $ | (13 | ) | | $ | 190 |
| | $ | (70 | ) | | $ | (297 | ) |
Discontinued operations, net of tax expense, attributable to Calpine | — |
| | — |
| | — |
| | — |
|
Net income (loss) attributable to Calpine | $ | (13 | ) | | $ | 190 |
| | $ | (70 | ) | | $ | (297 | ) |
Basic earnings (loss) per common share: | | | | | | | |
Income (loss) before discontinued operations attributable to Calpine | $ | (0.03 | ) | | $ | 0.39 |
| | $ | (0.14 | ) | | $ | (0.61 | ) |
Discontinued operations, net of tax expense, attributable to Calpine | — |
| | — |
| | — |
| | — |
|
Net income (loss) attributable to Calpine | $ | (0.03 | ) | | $ | 0.39 |
| | $ | (0.14 | ) | | $ | (0.61 | ) |
Diluted earnings (loss) per common share: | | | | | | | |
Income (loss) before discontinued operations attributable to Calpine | $ | (0.03 | ) | | $ | 0.39 |
| | $ | (0.14 | ) | | $ | (0.61 | ) |
Discontinued operations, net of tax expense, attributable to Calpine | — |
| | — |
| | — |
| | — |
|
Net income (loss) attributable to Calpine | $ | (0.03 | ) | | $ | 0.39 |
| | $ | (0.14 | ) | | $ | (0.61 | ) |
2010 | | | | | | | |
Operating revenues | $ | 1,471 |
| | $ | 2,130 |
| | $ | 1,430 |
| | $ | 1,514 |
|
Income from operations | 89 |
| | 554 |
| | 108 |
| | 150 |
|
Income (loss) before discontinued operations attributable to Calpine | $ | (186 | ) | | $ | 198 |
| | $ | (119 | ) | | $ | (55 | ) |
Discontinued operations, net of tax expense, attributable to Calpine | 162 |
| | 19 |
| | 4 |
| | 8 |
|
Net income (loss) attributable to Calpine | $ | (24 | ) | | $ | 217 |
| | $ | (115 | ) | | $ | (47 | ) |
Basic earnings (loss) per common share: | | | | | | | |
Income (loss) before discontinued operations attributable to Calpine | $ | (0.38 | ) | | $ | 0.41 |
| | $ | (0.25 | ) | | $ | (0.11 | ) |
Discontinued operations, net of tax expense, attributable to Calpine | 0.33 |
| | 0.04 |
| | 0.01 |
| | 0.01 |
|
Net income (loss) attributable to Calpine | $ | (0.05 | ) | | $ | 0.45 |
| | $ | (0.24 | ) | | $ | (0.10 | ) |
Diluted earnings (loss) per common share: | | | | | | | |
Income (loss) before discontinued operations attributable to Calpine | $ | (0.38 | ) | | $ | 0.41 |
| | $ | (0.25 | ) | | $ | (0.11 | ) |
Discontinued operations, net of tax expense, attributable to Calpine | 0.33 |
| | 0.04 |
| | 0.01 |
| | 0.01 |
|
Net income (loss) attributable to Calpine | $ | (0.05 | ) | | $ | 0.45 |
| | $ | (0.24 | ) | | $ | (0.10 | ) |