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BUSINESS SEGMENT AND OTHER OPERATIONS DATA (Tables)
 12 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of Business Segments and Other Operations
Information related to the Company’s various business segments and other operations is detailed below:
(Thousands)
 
 
 
Fiscal Years Ended September 30,
2016
2015
2014
Operating revenues
 
 
 
Natural Gas Distribution
 
 
 
External customers
$
594,346

$
781,970

$
819,415

Clean Energy Ventures
 
 
 
External customers
53,540

32,513

14,575

Energy Services
 
 
 
External customers (1)
1,187,754

1,872,781

2,858,703

Intercompany
9,499

61,526

72,114

Subtotal
1,845,139

2,748,790

3,764,807

Home Services and Other
 
 
 
External customers
45,265

46,723

45,452

Intercompany
3,232

1,980

1,235

Eliminations
(12,731
)
(63,506
)
(73,349
)
Total
$
1,880,905

$
2,733,987

$
3,738,145

Depreciation and amortization
 
 
 
Natural Gas Distribution
$
47,828

$
43,085

$
40,540

Clean Energy Ventures
23,971

17,297

11,295

Energy Services
88

90

59

Midstream
6

6

6

Subtotal
71,893

60,478

51,900

Home Services and Other
981

952

846

Eliminations
(126
)
(31
)
(4
)
Total
$
72,748

$
61,399

$
52,742

Interest income (2)
 
 
 
Natural Gas Distribution
$
115

$
336

$
999

Clean Energy Ventures
—

26

—

Energy Services
98

438

222

Midstream
1,524

977

950

Subtotal
1,737

1,777

2,171

Home Services and Other
397

217

1

Eliminations
(2,006
)
(1,414
)
(950
)
Total
$
128

$
580

$
1,222

(1)
Includes sales to Canada, which accounted for 2, 3.7 and 3.3 percent of total operating revenues during fiscal 2016, 2015 and 2014, respectively.
(2)
Included in other income, net on the Consolidated Statements of Operations.
(Thousands)
 
 
 
Fiscal Years Ended September 30,
2016
2015
2014
Interest expense, net of capitalized interest
 
 
 
Natural Gas Distribution
$
19,930

$
18,534

$
16,683

Clean Energy Ventures
10,304

7,635

5,300

Energy Services
1,095

1,209

1,725

Midstream
287

717

1,396

Subtotal
31,616

28,095

25,104

Home Services and Other
252

49

359

Eliminations
(824
)
(423
)
—

Total
$
31,044

$
27,721

$
25,463

Income tax provision (benefit)
 
 
 
Natural Gas Distribution
$
34,951

$
39,544

$
39,374

Clean Energy Ventures
(26,592
)
(26,968
)
(21,937
)
Energy Services
7,030

39,043

26,458

Midstream
6,130

6,849

5,227

Subtotal
21,519

58,468

49,122

Home Services and Other
1,387

1,551

2,460

Eliminations
624

(295
)
258

Total
$
23,530

$
59,724

$
51,840

Equity in earnings of affiliates
 
 
 
Midstream
$
13,936

$
17,487

$
14,078

Eliminations
(4,421
)
(4,078
)
(3,546
)
Total
$
9,515

$
13,409

$
10,532

Net financial earnings
 
 
 
Natural Gas Distribution
$
76,104

$
76,287

$
74,204

Clean Energy Ventures
28,393

20,101

12,654

Energy Services
21,934

42,122

79,735

Midstream
9,406

9,780

7,498

Subtotal
135,837

148,290

174,091

Home Services and Other
2,882

3,420

2,798

Eliminations
(634
)
(207
)
(32
)
Total
$
138,085

$
151,503

$
176,857

Capital expenditures
 
 
 
Natural Gas Distribution
$
205,133

$
168,875

$
152,566

Clean Energy Ventures
149,063

151,002

135,543

Subtotal
354,196

319,877

288,109

Home Services and Other
1,896

209

1,179

Total
$
356,092

$
320,086

$
289,288

Investments in equity investees
 
 
 
Midstream
11,176

5,780

555

Total
$
11,176

$
5,780

$
555
Reconciliation of Consolidated NFE to Consolidated Net Income
A reconciliation of consolidated NFE to consolidated net income is as follows:
(Thousands)
2016
2015
2014
Consolidated net financial earnings
$
138,085

$
151,503

$
176,857

Less:
 
 
 
Unrealized loss (gain) on derivative instruments and related transactions
46,883

(38,681
)
28,534

Tax effect
(17,018
)
14,391

(10,492
)
Effects of economic hedging related to natural gas inventory
(36,816
)
(8,225
)
26,639

Tax effect
13,364

3,058

(9,794
)
Consolidated net income
$
131,672

$
180,960

$
141,970
Schedule of Assets for Business Segments and Business Operations
The Company’s assets for the various business segments and business operations are detailed below:
(Thousands)
2016
2015
2014
Assets at end of period:
 
 
 
Natural Gas Distribution
$
2,525,060

$
2,305,293

$
2,142,407

Clean Energy Ventures
665,696

504,885

380,275

Energy Services
327,626

260,021

437,708

Midstream
186,259

182,007

153,891

Subtotal
3,704,641

3,252,206

3,114,281

Home Services and Other
110,340

88,880

77,578

Intercompany assets (1)
(87,899
)
(56,729
)
(66,471
)
Total
$
3,727,082

$
3,284,357

$
3,125,388

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