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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
OPERATING REVENUES        
Utility $ 119,206 $ 116,307 $ 513,348 $ 699,737
Nonutility 274,007 342,160 898,316 1,595,944
Total operating revenues 393,213 458,467 1,411,664 2,295,681
OPERATING EXPENSES        
Gas Purchases - Utility 45,700 41,562 174,739 255,106
Gas Purchases - Nonutility 288,510 342,105 830,481 1,477,649
Gas Purchases - Related parties 2,108 3,102 6,259 9,490
Operation and maintenance 51,467 48,598 150,825 146,135
Regulatory rider expenses 6,360 8,516 37,203 72,671
Depreciation and amortization 18,671 15,574 52,897 45,164
Energy and other taxes 8,726 8,319 34,205 47,272
Total operating expenses 421,542 467,776 1,286,609 2,053,487
OPERATING (LOSS) INCOME (28,329) (9,309) 125,055 242,194
Other income, net 2,306 1,491 6,432 2,518
Interest expense, net of capitalized interest 7,787 7,327 21,933 21,005
(LOSS) INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES (33,810) (15,145) 109,554 223,707
Income tax (benefit) provision (14,190) (4,318) 10,347 56,693
Equity in earnings of affiliates 2,257 3,367 7,065 9,749
NET (LOSS) INCOME $ (17,363) $ (7,460) $ 106,272 $ 176,763
(LOSS) EARNINGS PER COMMON SHARE        
Basic (usd per share) $ (0.20) $ (0.09) $ 1.24 $ 2.08
Diluted (usd per share) [1] (0.20) (0.09) 1.23 2.05
DIVIDENDS DECLARED PER COMMON SHARE (usd per share) $ 0.24 $ 0.23 $ 0.72 $ 0.68
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 85,960 85,449 85,823 85,110
Diluted (in shares) 85,960 85,449 86,691 86,128
[1] Since there was a net loss for the three months ended June 30, 2016, and 2015, incremental shares of 897 and 1,018, 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, 2016 and 2015.