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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
OPERATING REVENUES        
Utility $ 116,307 $ 111,383 $ 699,737 $ 739,380
Nonutility 342,160 576,874 1,595,944 2,406,851
Total operating revenues 458,467 688,257 2,295,681 3,146,231
OPERATING EXPENSES        
Gas Purchases - Utility 41,562 37,875 255,106 293,812
Gas Purchases - Nonutility 342,105 598,043 1,477,649 2,306,315
Gas Purchases - Related parties 3,102 3,158 9,490 9,497
Operation and maintenance 48,598 45,995 146,135 149,291
Regulatory rider expenses 8,516 9,337 72,671 67,380
Depreciation and amortization 15,574 13,620 45,164 39,014
Energy and other taxes 8,319 9,437 47,272 50,894
Total operating expenses 467,776 717,465 2,053,487 2,916,203
OPERATING (LOSS) INCOME (9,309) (29,208) 242,194 230,028
Other income, net 1,491 10,952 2,518 12,791
Interest expense, net of capitalized interest 7,327 6,507 21,005 19,108
(LOSS) INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES (15,145) (24,763) 223,707 223,711
Income tax (benefit) provision (4,318) (7,808) 56,693 65,377
Equity in earnings of affiliates 3,367 2,681 9,749 8,056
NET (LOSS) INCOME $ (7,460) $ (14,274) $ 176,763 $ 166,390
(LOSS) EARNINGS PER COMMON SHARE        
BASIC (usd per share) $ (0.09) $ (0.17) $ 2.08 $ 1.98
DILUTED (usd per share) [1] (0.09) (0.17) 2.05 1.96
DIVIDENDS DECLARED PER COMMON SHARE (usd per share) $ 0.23 $ 0.21 $ 0.68 $ 0.63
WEIGHTED AVERAGE SHARES OUTSTANDING        
BASIC (in shares) 85,449 84,234 85,110 84,144
DILUTED (in shares) 85,449 84,234 86,128 84,912
[1] Since there was a net loss for the three months ended June 30, 2015, and 2014, incremental shares of 1,018 and 768, respectively, 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, 2015, and 2014.