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BUSINESS SEGMENT AND OTHER OPERATIONS DATA (Tables)
6 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information related to the Company's various business segments and other operations is detailed below:
 
Three Months Ended
Six Months Ended
 
March 31,
March 31,
(Thousands)
2015
2014
2015
2014
Operating revenues
 
 
 
 
Natural Gas Distribution
 
 
 
 
External customers
$
374,703

$
394,528

$
583,430

$
627,997

Energy Services
 
 
 
 
External customers (1)
626,107

1,173,835

1,226,669

1,807,526

Intercompany
56,097

67,749

59,223

71,767

Clean Energy Ventures
 
 
 
 
External customers
4,068

2,679

10,303

4,852

Subtotal
1,060,975

1,638,791

1,879,625

2,512,142

Home Services and Other
 
 
 
 
External customers
8,212

8,527

16,812

17,599

Intercompany
375

297

786

499

Eliminations
(56,472
)
(68,046
)
(60,009
)
(72,266
)
Total
$
1,013,090

$
1,579,569

$
1,837,214

$
2,457,974

Depreciation and amortization
 
 
 
 
Natural Gas Distribution
$
10,647

$
9,972

$
21,192

$
19,807

Energy Services
23

13

45

25

Clean Energy Ventures
4,297

2,635

7,888

5,146

Midstream
1

2

3

3

Subtotal
14,968

12,622

29,128

24,981

Home Services and Other
238

208

476

415

Eliminations
(2
)
(2
)
(14
)
(2
)
Total
$
15,204

$
12,828

$
29,590

$
25,394

Interest income (2)
 
 
 
 
Natural Gas Distribution
$
10

$
181

$
100

$
442

Energy Services
13


13


Clean Energy Ventures
22


22


Midstream
242

270

481

538

Subtotal
287

451

616

980

Home Services and Other
201


201


Eliminations
(242
)
(235
)
(481
)
(468
)
Total
$
246

$
216

$
336

$
512

(1)
Includes sales to Canada, which accounted for 4.4 percent and 4 percent of total operating revenues during the six months ended March 31, 2015 and 2014, respectively.
(2)
Included in other income on the Unaudited Condensed Consolidated Statements of Operations.
 
Three Months Ended
Six Months Ended
 
March 31,
March 31,
(Thousands)
2015
2014
2015
2014
Interest expense, net of capitalized interest
 
 
 
 
Natural Gas Distribution
$
4,388

$
3,888

$
8,997

$
7,872

Energy Services
288

661

801

1,277

Clean Energy Ventures
1,661

1,249

3,478

2,435

Midstream
210

377

460

775

Subtotal
6,547

6,175

13,736

12,359

Home Services and Other
(64
)
131

(58
)
242

Total
$
6,483

$
6,306

$
13,678

$
12,601

Income tax provision (benefit)
 
 
 
 
Natural Gas Distribution
$
23,778

$
23,725

$
37,944

$
37,908

Energy Services
3,923

64,345

49,800

53,072

Clean Energy Ventures
(9,042
)
(17,388
)
(28,763
)
(19,432
)
Midstream
1,819

1,573

3,311

2,569

Subtotal
20,478

72,255

62,292

74,117

Home Services and Other
(972
)
(1,129
)
(1,424
)
(1,320
)
Eliminations
638

554

143

388

Total
$
20,144

$
71,680

$
61,011

$
73,185

Equity in earnings of affiliates
 
 
 
 
Midstream
$
4,581

$
4,141

$
8,356

$
7,083

Eliminations
(994
)
(908
)
(1,974
)
(1,708
)
Total
$
3,587

$
3,233

$
6,382

$
5,375

Net financial earnings (loss)
 
 
 
 
Natural Gas Distribution
$
48,594

$
47,043

$
76,780

$
74,682

Energy Services
36,316

91,407

52,752

98,781

Clean Energy Ventures
13,010

12,807

22,018

16,421

Midstream
2,604

2,254

4,724

3,688

Subtotal
100,524

153,511

156,274

193,572

Home Services and Other
(1,359
)
(1,576
)
(1,951
)
(1,777
)
Eliminations
(22
)
(15
)
(70
)
(15
)
Total
$
99,143

$
151,920

$
154,253

$
191,780

Capital expenditures
 
 
 
 
Natural Gas Distribution
$
33,243

$
35,484

$
69,991

$
70,885

Clean Energy Ventures
33,025

20,486

88,370

45,403

Subtotal
66,268

55,970

158,361

116,288

Home Services and Other
50

272

61

477

Total
$
66,318

$
56,242

$
158,422

$
116,765

Investments in equity investees
 
 
 
 
Midstream
$
717

$

$
1,264

$

Total
$
717

$

$
1,264

$

Reconciliation of Consolidated Net Financial Earnings to Consolidated Net Income
A reconciliation of consolidated NFE to consolidated net income is as follows:
 
Three Months Ended
Six Months Ended
 
March 31,
March 31,
(Thousands)
2015
2014
2015
2014
Consolidated net financial earnings
$
99,143

$
151,920

$
154,253

$
191,780

Less:
 
 
 
 
Unrealized loss (gain) from derivative instruments and related transactions
68,474

(13,256
)
(20,198
)
52,395

Effects of economic hedging related to natural gas inventory
(23,450
)
(18,668
)
(32,215
)
(41,548
)
Tax adjustments
(6,784
)
10,873

22,443

269

Consolidated net income
$
60,903

$
172,971

$
184,223

$
180,664



Reconciliation of Assets from Segment to Consolidated
The Company's assets for the various business segments and business operations are detailed below:
(Thousands)
March 31,
2015
September 30,
2014
Assets at end of period:
 
 
Natural Gas Distribution
$
2,268,272

$
2,143,684

Energy Services
334,123

457,080

Clean Energy Ventures
473,136

380,707

Midstream
151,811

153,891

Subtotal
3,227,342

3,135,362

Home Services and Other
167,610

82,413

Intercompany assets (1)
(61,571
)
(58,971
)
Total
$
3,333,381

$
3,158,804

(1)
Consists of transactions between subsidiaries that are eliminated and reclassified in consolidation.