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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
OPERATING REVENUES        
Utility $ 226,023 $ 433,248 $ 417,397 $ 723,924
Nonutility 386,898 543,739 837,935 966,215
Total operating revenues 612,921 976,987 1,255,332 1,690,139
OPERATING EXPENSES        
Gas Purchases - Utility 78,301 235,001 163,931 395,450
Gas Purchases - Nonutility 382,055 548,618 788,472 977,865
Operation and maintenance 39,185 37,896 78,130 75,312
Regulatory rider expenses 18,443 24,304 30,986 41,002
Depreciation and amortization 10,439 8,477 20,039 16,931
Energy and other taxes 16,809 29,489 30,867 50,114
Total operating expenses 545,232 883,785 1,112,425 1,556,674
OPERATING INCOME 67,689 93,202 142,907 133,465
Other income 349 805 876 1,250
Interest expense, net of capitalized interest 5,427 5,078 10,432 10,341
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES 62,611 88,929 133,351 124,374
Income tax provision 11,094 28,612 27,131 42,465
Equity in earnings of affiliates 3,018 3,610 5,672 6,527
NET INCOME $ 54,535 $ 63,927 $ 111,892 $ 88,436
EARNINGS PER COMMON SHARE        
BASIC $ 1.31 $ 1.55 $ 2.70 $ 2.14
DILUTED $ 1.31 [1] $ 1.54 [1] $ 2.68 [1] $ 2.13 [1]
DIVIDENDS PER COMMON SHARE $ 0.38 $ 0.36 $ 0.76 $ 0.72
WEIGHTED AVERAGE SHARES OUTSTANDING        
BASIC 41,509 41,352 41,472 41,316
DILUTED 41,711 41,553 41,673 41,516
[1] There were no anti-dilutive shares excluded from the calculation of diluted earnings per share for the three and six months ended March 31, 2012 and 2011.