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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
OPERATING REVENUES        
Utility $ 106,764 $ 138,149 $ 524,161 $ 862,073
Nonutility 318,357 510,020 1,156,292 1,476,235
Total operating revenues 425,121 648,169 1,680,453 2,338,308
OPERATING EXPENSES        
Gas Purchases - Utility 45,916 74,385 209,847 469,835
Gas Purchases - Nonutility 333,402 482,735 1,121,874 1,460,600
Operation and maintenance 40,857 38,811 118,987 114,123
Regulatory rider expenses 5,835 6,518 36,821 47,520
Depreciation and amortization 10,687 8,514 30,726 25,445
Energy and other taxes 8,335 10,024 39,202 60,138
Total operating expenses 445,032 620,987 1,557,457 2,177,661
OPERATING (LOSS) INCOME (19,911) 27,182 122,996 160,647
Other income 551 1,176 1,427 2,426
Interest expense, net of capitalized interest 4,834 4,744 15,266 15,085
(LOSS) INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES (24,194) 23,614 109,157 147,988
Income tax (benefit) provision (11,230) 6,197 15,901 48,662
Equity in earnings of affiliates 2,644 2,957 8,316 9,484
NET (LOSS) INCOME $ (10,320) $ 20,374 $ 101,572 $ 108,810
(LOSS) EARNINGS PER COMMON SHARE        
BASIC $ (0.25) $ 0.49 $ 2.45 $ 2.63
DILUTED $ (0.25) [1] $ 0.49 [1] $ 2.44 [1] $ 2.62 [1]
DIVIDENDS PER COMMON SHARE $ 0.38 $ 0.36 $ 1.14 $ 1.08
WEIGHTED AVERAGE SHARES OUTSTANDING        
BASIC 41,560 41,381 41,501 41,338
DILUTED 41,560 41,597 41,643 41,551
[1] Since there was a net loss for the three months ended June 30, 2012, incremental shares of 140 were not included in the computation of diluted loss per common share, as their effect would have been anti-dilutive. There were no anti-dilutive shares excluded from the calculation of diluted earnings per share for the nine months ended June 30, 2012 and the three and nine months ended June 30, 2011.