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COMMON STOCK EQUITY
 9 Months Ended
Jun. 30, 2015
Equity [Abstract]  
COMMON STOCK EQUITY
COMMON STOCK EQUITY

Changes in common stock equity during the nine months ended June 30, 2015, are as follows:
(Thousands)
Number of Shares
Common Stock
Premium on Common Stock
Accumulated Other Comprehensive (Loss) Income
Treasury Stock And Other
Retained Earnings
Total
Balance as of September 30, 2014
84,356

$
218,223

$
199,739

 
$
(5,594
)
 
$
(121,031
)
$
674,829

$
966,166

Net income
 
 
 
 
 
 
 
176,763

176,763

Other comprehensive income
 
 
 
 
364

 
 
 
364

Common stock issued under stock plans
1,378

2,607

12,972

 
 
 
13,784

 
29,363

Tax benefits from stock plans
 
 
(1,386
)
 
 
 
 
 
(1,386
)
Cash dividend declared ($.68 per share)
 
 
 
 
 
 
 
(57,517
)
(57,517
)
Treasury stock and other
(333
)
 
 
 
 
 
9,559

 
9,559

Balance as of June 30, 2015
85,401

$
220,830

$
211,325

 
$
(5,230
)
 
$
(97,688
)
$
794,075

$
1,123,312


NJR satisfies its external common equity requirements, if any, through issuances of its common stock, including the proceeds from stock issuances under its DRP. The DRP allows NJR, at its option, to use treasury shares or newly issued shares to raise capital. NJR raised $13.1 million and $10.9 million of equity through the DRP, by issuing approximately 330,000 and 235,000 shares of treasury stock, during the nine months ended June 30, 2015 and 2014, respectively. During the nine months ended June 30, 2015, NJR also raised approximately $19.8 million of equity by issuing approximately 344,000 new shares through the waiver discount feature of the DRP. NJR issued no new shares through the waiver discount feature during the nine months ended June 30, 2014.

Accumulated Other Comprehensive Income

The following table presents the changes in the components of accumulated other comprehensive income, net of related tax effects:
(Thousands)
Available for Sale Securities
Cash Flow Hedges
Postemployment Benefit Obligation
Total
Balance as of September 30, 2014
$
4,782

 
$
(93
)
 
$
(10,283
)
 
$
(5,594
)
Other comprehensive income, net of tax
 
 
 
 
 
 
 
Other comprehensive (loss), before reclassifications, net of tax of $319, $146, $0, $465
(461
)
 
(256
)
 
—

 
(717
)
Amounts reclassified from accumulated other comprehensive income, net of tax of $0, $(202), $(506), $(708)
—

 
349

(1) 
732

(2) 
1,081

Net current-period other comprehensive (loss) income, net of tax of $319, $(56), $(506), $(243)
(461
)
 
93

 
732

 
364

Balance as of June 30, 2015
$
4,321

 
$
—

 
$
(9,551
)
 
$
(5,230
)
 
 
 
 
 
 
 
 
Balance as of September 30, 2013
$
5,400

 
$
12

 
$
(7,033
)
 
$
(1,621
)
Other comprehensive income, net of tax
 
 
 
 
 
 
 
Other comprehensive income (loss), before reclassifications, net of tax of $(150), $91, $0, $(59)
216

 
(156
)
 
—

 
60

Amounts reclassified from accumulated other comprehensive income, net of tax of $0, $(77), $(334), $(411)
—

 
132

(1) 
483

(2) 
615

Net current-period other comprehensive income (loss), net of tax of $(150), $14, $(334), $(470)
216

 
(24
)
 
483

 
675

Balance as of June 30, 2014
$
5,616

 
$
(12
)
 
$
(6,550
)
 
$
(946
)
(1)
Consists of realized losses related to foreign currency derivatives, which are reclassified to gas purchases in the Unaudited Condensed Consolidated Statements of Operations.
(2)
Included in the computation of net periodic pension cost, a component of operations and maintenance expense in the Unaudited Condensed Consolidated Statements of Operations.