XML 59 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2010
OPERATING REVENUES      
Utility $ 627,713 $ 971,724 $ 937,433
Nonutility 1,621,210 2,037,485 1,701,871
Total operating revenues 2,248,923 3,009,209 2,639,304
OPERATING EXPENSES      
Gas Purchases - Utility 268,459 534,363 576,220
Gas Purchases - Nonutility 1,572,949 2,016,208 1,591,338
Operation and maintenance 171,045 163,111 148,565
Regulatory rider expenses 40,350 51,246 45,966
Depreciation and amortization 41,643 34,370 32,267
Energy and other taxes 45,787 66,910 56,823
Total operating expenses 2,140,233 2,866,208 2,451,179
OPERATING INCOME 108,690 143,001 188,125
Other income 2,128 3,747 5,258
Interest expense, net of capitalized interest 20,844 19,623 21,251
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES 89,974 127,125 172,132
Income tax provision 7,729 37,665 64,692
Equity in earnings of affiliates 10,634 11,839 10,017
NET INCOME $ 92,879 $ 101,299 $ 117,457
EARNINGS PER COMMON SHARE      
BASIC $ 2.24 $ 2.45 $ 2.84
DILUTED $ 2.23 [1] $ 2.44 [1] $ 2.82 [1]
DIVIDENDS PER COMMON SHARE $ 1.52 $ 1.44 $ 1.36
WEIGHTED AVERAGE SHARES OUTSTANDING      
BASIC 41,527 41,359 41,364
DILUTED 41,632 41,568 41,630
[1] There were no anti-dilutive shares excluded from the calculation of diluted earnings per share for fiscal 2012, 2011 and 2010.